The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Fireweed Zinc Ltd. Sept. 16 reported that the second hole drilled this year at the Boundary West target at its Macmillan Pass project in eastern Yukon has cut three distinct zones of zinc-lead-silver mineralization. "This step-out hole at Boundary West has delivered not one, but three very impressive intersections over significant widths," said Fireweed Zinc CEO Brandon Macdonald. "Encouragingly, these three intersections represent three separate zones of mineralization, inclu...
Kutcho Copper Corp. Sept. 13 said it expects the feasibility study for its Kutcho copper-zinc project in Northern British Columbia to be completed in October. While this is later than originally planned, the company says the anticipated mine optimizations and improvements will be worth the wait. A 2017 prefeasibility study, completed immediately prior to Kutcho's acquisition of the project, considers the development of a 2,500-metric-ton-per-day operation that would produce...
Victoria Gold Corp. Sept. 15 announced that it has been included in the Toronto Stock Exchange's 2021 TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. Trading under the TSX ticker symbol VGCX, Victoria shares have risen 251% over the 3-year span considered for inclusion in the 2021 TSX30, ranking the Yukon gold miner thirteenth on the list. "On behalf of the company, I am very...
Hecla Mining Company Sept. 14 announced that drilling at its Greens Creek silver mine in Southeast Alaska is on track to replenish the roughly 10 million ounces of silver expected to be mined from reserves this year and is confirming growth areas well beyond the deposit. "At Greens Creek, both underground and surface drilling are giving results that should lead to reserve replacement and additional drilling in the Lil'Sore area," said Hecla Mining President and CEO Phillips Ba...
Heliostar Metals Ltd. Sept. 16 reported that this year's drilling has tapped broad widths of gold and copper mineralization indicative of a large porphyry zone at the Zachary Bay target on its Unga Island gold project in Southwest Alaska. While high-grade gold targets like those historically mined on Unga Island are Heliostar's primary interest, the company is also exploring the value that the bulk tonnage targets on the property have to offer. "High-grade gold is the...
White Rock Minerals Ltd. this week reported that exploration crews have discovered a new gold prospect near the Last Chance target on its Red Mountain project and drills have tapped an extension of the Hunter volcanogenic massive sulfide zinc discovery at the eastern end of this 323-square-mile (836 square kilometers) multimineral project in Alaska. "White Rock has a plethora of exploration opportunities across its contiguous Last Chance-Red Mountain project in central...
HighGold Mining Inc. Sept. 14 cut strong mineralization in the first resource expansion hole at JT deposit, as assay results start to roll in from the company's 2021 program at the polymetallic Johnson Tract gold project in Southcentral Alaska. According to a calculation completed in April of 2020, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85% (275.3 million...
Victoria Gold Corp.'s Eagle Gold Mine produced 20,744 ounces of gold in August, a month record for Yukon's largest mine. The recently established open pit mine and heap leach recovery operation at Eagle produced 58,899 oz of gold over the first six months of 2021. While this is a 51% increase over the same period in 2020, it was well below the pace needed to achieve the roughly 200,000 oz/year production envisioned. Gold recoveries at heap leach systems in northern climates,...
