The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Contango ORE Inc. Sep. 8 announced the discovery of West Peak Extension, a new zone of gold mineralization northwest of the Main Peak deposit, during the second phase of 2017 drilling at the Tetlin project near Tok, Alaska. Tetlin is being explored by Peak Gold, a joint venture between Contango ORE and Royal Gold Inc. In June, the Peak Gold partners published an updated global resource for Main and North Peak – measured, indicated and inferred – of 15.65 million metric ton...
Coeur Mining Inc. has cut a deal to buy the high-grade Silvertip Mine in northern British Columbia, an acquisition that will add the first Canadian operation to the Chicago-based miner's portfolio of gold and silver mines. Located about 10 miles south of the Yukon border and roughly 150 miles east of Coeur's Kensington gold mine in Southeast Alaska, Silvertip hosts 2.35 million metric tons of indicated resource averaging 352 g/t silver, 9.4 percent zinc and 6.7 percent lead;...
North Arrow Minerals Inc. Sep. 12 announced the completion of the summer drilling and mini-bulk sampling program of the Q1-4 kimberlite at the company's Naujaat diamond project in Nunavut. Q1-4 hosts 48.8 million metric tons of inferred resource averaging 0.54 carats per ton (26.1 million carats) of diamonds from surface to a depth of 2015 meters. The C$2 million summer program included 3,469 meters of drilling completed in 11 holes and the collection of a 234 metric ton...
Victoria Gold Corp. Sep. 11 reported gold intercepts from drilling untested areas south and west of the main Olive-Shamrock zone on its Dublin Gulch property in the Yukon. Highlights from this drilling at Olive include 33.3 meters of 1.54 grams per metric ton gold in hole DG17-849C; 9.1 meters of 3.14 g/t gold in DG17-856C; and 13.9 meters of 1.56 g/t gold in DG17-889C. "These latest assay results highlight the fact that additional, near-Olive gold mineralization exists at...
Fireweed Zinc Ltd. Sep. 12 reported results from the first five holes of its 2017 drill program on the Macmillan Pass zinc project in eastern Yukon. The best intercept so far came in hole TS17-03, which cut 24.4 meters averaging 10.2 percent zinc, 6.28 percent lead and 87.7 grams per metric ton silver. Fireweed said this intersection confirms the very high grades near the surface of the Tom West zone. Hole TS17-05, also drilled at Tom West cut 27.7 meters averaging 6.35 percent zinc, 3.15 percent lead and 34.2 g/t silver....
Golden Predator Mining Corp. Sep. 12 reported that it has poured a 744 troy ounce gold doré bar recovered from the its initial 776 metric ton bulk sample at the 3 Aces project in eastern Yukon. A 96.72 oz bar from 2016 bulk sampling contained 85 percent fine gold and 8 percent fine silver. Similar percentages would make this year's bar worth about US$840,000 at today's gold and silver prices. In addition to the 744 oz bar poured from the No. 1 concentrate table at 3 Aces, Golden Predator has arranged shipment of 86.4...
Rockhaven Resources Ltd. Sep. 12 reported initial assay results from a 15,922-meter drill program at its Klaza gold-silver property in the Dawson Range Gold Belt of southern Yukon. The main objectives of the 2017 program were to better define and expand the near-surface mineral resources through infill and step-out drilling; explore for new gold zones with drilling, trenching and geophysics; and continue to advance the metallurgical and engineering facets of the Klaza project. Most of the 28 holes in this batch of assay...
Colorado Resources Ltd. Sep. 12 announced that its initial phase of 2017 drilling at the KSP property in northwestern British Columbia cut bonanza grade gold. Identifying coarse visible gold in hole INDDH17-081, the company hand delivered five core samples centered on the VG to ALS Global Vancouver Laboratory for a coarse gold analysis. These samples averaged 1,670.5 grams per metric ton gold over 1.4 meters; including 4,470 g/t (130.38 ounces per ton) gold over 0.5 meters. As...
Kennady Diamonds Inc. Sep. 11 reported that its summer drill program on its Kennady North diamond project has extended the Faraday 2 kimberlite and has demonstrated that Faraday 1 and 3 are a single kimberlite body that connects at depth. The program, which began on July 4, included 2,766 meters of drilling in nine HQ diameter drill holes. The latest three holes drilled at Faraday 2 have extended that kimberlite body about 150 meters to the north and Kennady President and CEO...
