The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Skeena Resources Ltd. said it has begun a 9,000-meter underground drill program at its Snip gold project in the Golden Triangle of northwest British Columbia. The historic underground mine at Snip, which Barrick Gold operated from 1991 to 1999, produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric ton gold. Skeena optioned this project from Barrick last spring and completed roughly 7,180 meters of surface drilling in 2016....
Hecla Mining Company Oct. 12 reported that its Greens Creek Mine produced 2.3 million ounces of silver and 12,563 oz of gold during the third quarter of this year. This Southeast Alaska operation produced 6.2 million oz of silver through the first nine months of 2017, putting it on pace to produce around 8.5 oz for the year. Mill throughput at Greens Creek averaged 2,391 tons per day during the third quarter, the highest since the mine went into operation in 1989. Overall, Hecla’s four mines – Greens Creek, San Sebastian (Me...
Coeur Mining Inc. is now officially the owner of Silvertip, a high-grade silver mine about 10 miles south of the Yukon border in northern British Columbia. In a deal that closed on Oct. 17, the Chicago-based miner paid US$200 million to acquire Silvertip and has agreed to pay up to another US$50 million more if certain permitting and resource expansion milestones are met. For this investment, Coeur owns a newly built mine with 2.35 million metric tons of indicated resource ave...
Despite some of the significant things that Interior Secretary Ryan Zinke has done in his brief tenure as head of the U. S. Department of the Interior, one item of broad concern, to me at least, does not yet appear to have made it onto his radar screen: the overwhelming burden of Interior compliance with the intricacies of the Administrative Procedure Act, or "APA". Although the Secretary is bound by the statutory mandate and the innumerable judicial interpretations that have...
GT Gold Corp. Oct. 16 said it continues to expand the high-grade gold at Saddle South, a 2017 discovery 10 kilometers (six miles) from Highway 37 on the company's Tatogga property in northwestern British Columbia. So far, the company has completed 16,180 meters of drill in 64 holes at Saddle South and Saddle North. Highlights from the most recent assay results from 17 holes drilled at Saddle South include: 12.15 meters of 14.75 grams per metric ton gold and 36.23 g/t silver fr...
North Arrow Minerals Inc. announced the discovery of diamonds at its Mel project in Nunavut. A 62.1 kilogram sample of the ML-8 kimberlite at Mel returned 23 diamonds larger than the 0.106 millimeter sieve size, including a single, colo6less diamond larger than the 0.85 mm. The ML-8 kimberlite discovery is coincident with an identified airborne magnetic geophysical anomaly that straddles the northern shoreline of a small lake on the property. North Arrow said a number of additional geophysical targets, coincident with...
Rockhaven Resources Ltd. Oct. 16 reported additional high-grade gold and silver assays from the 2017 drill program at its Klaza property in southern Yukon. These latest drill results are from infill drilling at the Western BRX zone, which currently hosts 1.37 million metric tons inferred mineral resource estimate averaging 8.01 grams per metric ton (352,000 ounces) gold; 132 g/t (5.81 million oz) silver; 1.42 percent (42.8 million pounds) zinc; and 1.31 percent (39.4 million...
Victoria Gold Corp. Oct. 17 said it has identified another zone of gold mineralization between Eagle Gold and Olive-Shamrock, the first two deposits slated for development at the Eagle Gold Mine at the Dublin Gulch property, Yukon. Known as Catto, this newly drilled zone is the site of historic high-grade gold mines but has seen only cursory modern exploration. Highlighted from 11 holes drilled by Victoria this year include: 24.4 meters of 1.64 grams per metric ton gold from a depth of 33.5 meters in hole DG17-867C; 21.4 mete...
The Pebble Partnership Oct. 13 announced the appointments of Stephen Hodgson and James Fueg to its technical team. Serving as senior vice president of engineering and project director, Hodgson will be responsible for all aspects of project design, engineering and financial studies, and regulatory compliance. He will be supported by Fueg, who has been appointed as vice president of permitting. In this role, Fueg will be responsible management of environmental and socioeconomic studies, liaison with federal and state agencies...