The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 13 of 13
Banyan Gold Corp. Aug. 5 announced the appointment of Tara Christie as its new president and CEO. An accomplished mining executive with more than 20 years of operational experience, Christie has managed a number of mineral resource companies and served as a member of the Yukon Environmental and Socioeconomic Assessment Board. She earned her bachelor's and master's degrees in geotechnical engineering and has spent most of her career working in Yukon Territory. "Tara brings...
Caught between an updraft caused by dwindling supply and the gravity of slowing growth in global demand, zinc prices seem to have reached a cruising altitude above US$1 per pound. Recent closures of two large zinc mines - Century in Australia and Lisheen in Ireland - wiped out more than 600,000 metric tons of the world's annual supply of the galvanizing metal. Analysts expected these looming supply deficits to send zinc prices soaring well above US$1/lb. in 2015. While the...
Stakeholder Gold Corp. Aug. 3 reported encouraging results from an initial phase of exploration at it Ballarat gold property in the Yukon Territory. Planned and executed by GroundTruth Exploration Inc., an innovative exploration company founded by Shawn Ryan, the program included soil sampling; GT Probe bedrock interface sampling; ground-based resistivity/induced polarization surveying; and a drone survey to collect detail imagery of the entire property. This work has significantly expanded the Eastern zone target. Before...
Atac Resources Ltd. Aug. 10 posted results from exploration of the Rau trend located at the western end of its huge Rackla Gold project in Yukon Territory. Follow-up prospecting, mapping and soil sampling has expanded the Airstrip gold anomaly to 11.5 square kilometers (2,840 acres). Discovered in 2015, about 4,000 meters south of the Tiger gold deposit, Airstrip is the largest gold-in-soil anomaly in the Rau Trend. The initial evaluation program also included seven shallow...
Goldstrike Resources Ltd. Aug. 10 said drilling is underway at its Plateau South gold property in the Yukon Territory. The drilling started in the Goldstack zone, a seven-meter-wide gold-bearing outcrop where drilling in 2015 cut 17.5 meters averaging 13.5 grams per metric ton gold. The zone is part of the Yellow Giant Trend, a 29-kilometer- (18 miles) long gold system where the company continues to find intriguing zones with visible gold. Prospecting and mapping carried out...
Strategic Metals Ltd. Aug. 9 said the second phase of its 2016 exploration, which includes roughly 5,000 meters of drilling at three of its properties in Yukon Territory, is now underway. Drilling at the Hartless Joe property is testing below trenches at the King and Queen showings, where chip samples collected earlier this summer graded 44.3 grams per metric ton gold across 2.1 meters and 462 g/t gold across 0.4 meters, respectively. Strategic also intends to drill at the...
Colorado Resources Ltd. Aug. 8 reported that it has already completed 5,482 meters of drilling in 40 holes this year at the KSP gold-silver property in northwestern British Columbia and drilling continues. Colorado is working toward earning up to an 80 percent interest in KSP from Seabridge Gold Inc., which recently acquired the property as part of its purchase of SnipGold Corp. Though Colorado has met its 2016 work commitments, the company is continuing work towards earning a...
Klondike Gold Corp. Aug. 8 reported an agreement to acquire 223 square kilometers (55,0000 acres) of mining claims in the Dawson Mining District of Yukon Terrtory from Gimlex Enterprises Ltd., a privately owned Dawson-area exploration and mining business that has been placer mining in the area since 1984. Upon completion of this transaction, Klondike Gold will have effectively doubled its land position in Yukon's historic Klondike gold region with direct ownership of a total o...
Brixton Metals Corp. Aug. 5 posted results from an initial phase of 2016 exploration at its Thorn gold-silver project in Northwest British Columbia. A total of 891 soils and 159 rock samples were collected during this program. Most of these were collected within a previously unexplored area of the property called the Chivas zone. This sampling outlined a roughly 2,500- by 1,900-meter gold-in-soil anomaly that remains open in several directions. The highest gold-in-soil sample...
Silver Range Resources Ltd. Aug. 4 said it has staked and completed an initial examination of the Itchen gold property about 78 kilometers (48 miles) west of the Lupin Mine in Nunavut. Exploration in the Itchen Lake area dates to the early 1960s, when gold was discovered at Contwoyto Lake. The development of the Lupin Mine in the early 1980s spurred a second round of exploration. The Itchen claims cover nine gold targets documented in the NWT Mineral Inventory that are found...
Copper North Mining Corp. Aug. 4 reported the start of 2016 exploration at Thor, a northern British Columbia project that provides the company with an opportunity to explore for porphyry copper-gold mineralization in the slopes and valleys adjacent to the shutdown Kemess South mine. Initial exploration will focus on target evaluation in the Thor East area, followed by drilling in both the Thor West and Thor East areas. The company said historical exploration defined porphyry...
Golden Predator Mining Corp. Aug. 3 said it has begun the second phase of 2016 exploration at its 3 Aces project in southeastern Yukon Territory. With a budget of C$4 million, this program includes detailed soil sampling, structural mapping, geophysical work, road construction, trenching, drilling and bulk sampling. To date, four quartz veins with coarse visible gold have been discovered at surface within a roughly 10-square-kilometer (2,450 acres) central core area of the...
Kennady Diamonds Inc. Aug. 2 said summer drilling program at its Kennady North project adjacent to the Gahcho Kué diamond mine in Northwest Territories is underway with two rigs conducting exploration and delineation drilling at the Faraday kimberlite bodies. Kimberlite has been intersected in the first two drill holes at Faraday 3 and the first drill hole on Faraday 2 is currently nearing the target zone. "The focus of our summer program is to define the extension of the...
