The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Ascot Resources Ltd. July 17 reported another set of results from the roughly 20,000 meters of drilling carried out this year at the Big Missouri Ridge area of its Premier gold project near Stewart in northwestern British Columbia. Ascot's landholdings in the Stewart area include Premier, a 100-square-kilometer (39 square miles) land package that hosts the past producing Premier and Big Missouri mines; Silver Coin, an adjacent property that also provided ore to the mill at...
Banyan Gold Corp. July 16 announced the completion of a 1,000-meter drill program at its Aurex-McQuesten gold project near the community of Mayo, Yukon. Banyan had two objectives for its 2019 exploration program at Aurex-McQuesten; to continue to define and increase confidence within the McQuesten gold zone mineralization with infill drilling; and test a largely undrilled target area 1,000 meters south of the McQuesten zone, on the Aurex claim block, that is interpreted to...
Brixton Metals Corp. July 15 reported long sections of copper-gold-silver mineralization in drill hole THN19-150, which targeted deep porphyry mineralization in the Oban zone on the company's Thorn property in northwestern British Columbia. This hole, drilled to a depth of 829 meters, extended the polymetallic mineralization at Oban 281 meters deeper than previous drilling. From a depth of 97 meters, THN19-150 cut 554.7 meters averaging 0.57 grams per metric ton gold, 0.24...
Fortune Minerals Ltd. July 18 reported the discovery of a new zone of copper mineralization at its NICO cobalt-gold-bismuth-copper project in Northwest Territories. This new zone, which is about 1,600 meters southeast of the NICO deposit, was identified in bedrock exposed in a pit excavated last spring to provide aggregate for road work. It also sits along the edge of previously identified coincident magnetic, gravity and electrical resistivity geophysical anomalies at Peanut...
Hecla Mining Company July 18 reported that its Greens Creek Mine produced 2.37 million ounces of silver during the second quarter of 2019, a 19 percent increase over the same period of 2018. This marks the highest silver production at the Southeast Alaska operation in three years. Greens Creek also churned out 13,256 oz of gold during the quarter ending June 30, which is down 3 percent compared to a year ago. The Idaho-based miner said higher ore grades due to mining...
GT Gold Corp. July 17 reported that the first holes of its 10,000-meter initial phase of drilling on its Tatogga property in northwestern British Columbia have successfully expand the porphyry copper-gold mineralization at the Saddle North discovery area. "Our phase one program continues to bring into clearer focus the potentially significant economics of our Saddle North discovery," said GT Gold Vice President of Exploration Charles Greig Last year's discovery program at...
ATAC Resources Ltd. July 16 said initial results from this year's exploration at Rau continues to expand the mineral potential across the 660-square kilometer (255 square miles) project at the western end of the company's expansive Rackla Gold property in the Yukon. Currently, Rau is anchored by Tiger, a carbonate replacement body with 5.68 million metric tons of measured and indicated resources averaging 2.66 g/t (485,700 oz) gold. However, the project hosts numerous styles...
The economics of mining the zinc-rich ore at BMC Minerals Ltd.'s Kudz Ze Kayah (KZK) project in southeastern Yukon are robust, according to a feasibility study released on July 15. This engineering and economic study details a mine at KZK that is expected to produce an average of 235 million pounds of zinc, 32 million lb of copper, 56 million lb of lead, 7.8 million ounces of silver and 56,500 oz of gold annually, over an initial nine-year mine life. This operation is based...
Increased ore grades and improved recoveries bolstered metals production at Coeur Mining Inc.'s two northern operations – the Silvertip silver-zinc-lead mine in northern British Columbia and the Kensington gold mine in Southeast Alaska. Since achieving commercial production at its newly acquired Silvertip Mine last September, Coeur has been focused on increasing throughput, recoveries and grade at this operation just south of the Yukon border. These endeavors have resulted i...
White Rock Minerals Ltd. July 16 announced that its joint venture partner Sandfire Resources NL has committed another US$1.5 million into the 2019 exploration at Red Mountain, extending activities into September at this zinc-rich volcanogenic massive sulfide (VMS) project southeast of Fairbanks, Alaska. Sandfire, a mid-tier Australia-based mining company, can earn up to a 70 percent joint venture interest in Red Mountain by investing US$21.6 million into and completing a...
