The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
TerraX Minerals Inc. July 8 announced the start of a 3,500-meter initial phase of drilling at its Yellowknife City Gold project targeting a potential 3,500-meter southern extension of the Sam Otto deposit. Located on the Northbelt property, one of three major properties that make up the 783-square-kilometer (302 square miles) Yellowknife City Gold project, Sam Otto is a prospective bulk tonnage where past exploration has outlined 2,500 meters of continuous gold...
White Gold Corp. July 10 said GT Probe sampling has confirmed gold mineralization trends previously identified at the Stage Fright, Sabotage, Topaz, and Vertigo targets on the company's JP Ross property in the Yukon. Located about 60 kilometers (37 miles) southeast of Dawson City, the road-accessible JP Ross property is home to Vertigo, a high-grade gold discovery made last year. The Vertigo discovery hole, JPRVERRAB18-001, cut 3.05 meters of 56.25 grams per metric ton gold...
Luckystrike Resources Ltd. July 9 announced the start of drilling on its Lucky Strike property in the heart of Yukon's White Gold District. The program will focus on expanding on discovery hole DDLS-18-06, a 2018 hole that cut 7.6 meters averaging 4.55 grams per metric ton gold within a newly discovered lower zone of sulfide mineralization at Monte Carlo. DDLS-18-06 is the only hole drilled so far to test an 1,800-meter-long induced polarization (IP) chargeability anomaly....
Aben Resources Ltd. July 9 announced that it has completed the 2019 drill program at its Justin gold project in southeastern Yukon and drills are now turning on its Forrest Kerr gold project in British Columbia's Golden Triangle. Aben is starting off with a 5,000-meter drill program this year at Forrest Kerr. A second 5,000-meter phase that follows up on interesting targets turned up in the initial phase is expected to be added. "The company looks forward to continued success...
Brixton Metals Corp. July 8 announced the start of a drill program testing new near-surface, high-grade gold targets identified during a soil and rock sampling program carried out earlier this year at the company's Atlin Goldfields project in northwestern British Columbia. "We are excited to start our first ever drilling campaign at the Atlin Goldfields project," said Brixton Metals Chairman and CEO Gary Thompson. Brixton's Atlin property consists of roughly 1,000 square...
PolarX Ltd. July 10 said a roughly 5,000-meter drill program is slated to begin this month at the Saturn copper‐gold porphyry target within its Alaska Range project. Funded with the recent AU$4.3 million investment by Lundin Mining Corp., this program is expected to include eight to 10 deep holes targeting a porphyry copper‐gold target identified in early 2018 through evaluation of regional aeromagnetic geophysical data and confirmed through a higher‐resolution survey carried...
Pretium Resources Inc. July 9 said initial observations from a third hole drilled as part of a 2019 deep underground exploration program continue to indicate that the style of high-grade gold mineralization currently being mined at its Brucejack underground operation in northwestern British Columbia extends below the Valley of the Kings. In June, the company reported that two long holes drilled from the underground workings at Brucejack confirmed the presence of...
Thanks to the start-up of new mines, The Conference Board of Canada forecasts the economies of Canada's territories to grow significantly over the next two years. In Territorial Outlook Economic Forecast: Summer 2019, The Conference Board of Canada foresees the combined economies of Nunavut, Northwest Territories and Yukon expanding by 5.3 percent in 2019 and 4.4 percent in 2020. "Territorial economies are being positively impacted by new mines that are propelling growth in...
With the completion of Ross River Dena Council's independent environmental assessment review of Kudz Ze Kayah (KZK), BMC Minerals Ltd. crosses a major milestone along its path to developing a zinc-silver mine at this project in southeastern Yukon. BMC Minerals, a Canadian subsidiary of England-based mine developer BMC Ltd., acquired KZK from Teck Resources Ltd. in 2015. The ABM deposit at KZK is a zinc-dominant volcanogenic massive sulfide (VMS) deposit with significant...