The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Teslin Tlingit Council and Strategic Metals Ltd. Oct. 24 announced the signing of an access and exploration agreement that aims to deepen relations and create the foundation for future cooperation between the Yukon First Nation and mineral exploration company. Typically staying under the radar, Strategic Metals' portfolio is spread over 110 wholly-owned properties, five joint ventures, nine under options, and 11 with royalty interests. All of these cover a broad suite of metal...
Miner fatality at Brucejack puts a hold on plans to ramp up Golden Triangle mining. Newcrest Mining Ltd.'s Red Chris and Brucejack mines in British Columbia's Golden Triangle produced 101,636 ounces of gold and 19.2 million pounds of copper during the third quarter of 2022. The precious and base metals output at the Australia-based company's two Northern BC operations, however, was overshadowed by an Oct. 22 fatality at Brucejack, the newest addition to Newcrest's portfolio....
Giga Metals Corp. Oct. 27 reported a 41.5% increase in measured and indicated resources at its Turnagain nickel-cobalt project in Northern BC. Since calculating an updated resource in 2019, Giga Metals has carried out expansion and geotechnical drilling in preparation for completing a feasibility study for the battery metals project. Based on 6,295 meters of drilling completed in 2021, as well as revised geological modeling, Turnagain now hosts 1.52 million metric tons of...
Skeena Resources Ltd. Oct. 25 reported that drilling continues to cut thick intervals of gold-silver mineralization at expansion zones off the side of the proposed open-pit mine on the company's Eskay project in British Columbia's Golden Triangle. A feasibility study completed in September details an open pit mine at Eskay Creek that would produce 2.42 million ounces of gold and 66.7 million oz of silver over an initial nine years of mining. Further details on the feasibility...
Teck Resources Ltd. Oct. 27 reported another quarter of rising zinc production and revenues from its Red Dog Mine in Northwest Alaska. During the third quarter of this year, Red Dog produced 157,800 metric tons (347.9 million pounds) of zinc, nearly 10% higher than the 143,800 metric tons (317 million lb) produced during the previous quarter and a 34% jump over the 118,000 metric tons (309.3 million lb) produced during the same period of 2021. Third quarter lead production at...
Osisko Metals Inc. Oct. 27 said the latest results from drilling at Mount Copper continues to increase the area of known copper mineralization at this project on Quebec's Gaspé Peninsula. Aside from advancing its flagship Pine Point zinc project in Northwest Territories, in July, Osisko exercised the option to acquire the Gaspé Copper Mine from Glencore Canada Corporation. Located near Murdochville, Québec, Glencore provided a binding term sheet for Osisko to acquire a 10...
Klondike Gold Corp. Oct. 27 said its 2022 exploration program at the Klondike District gold project in the Yukon's Dawson Mining District has yielded discoveries and important geological insights that could revive this historic property. "The Gay Gulch discovery of gold-bearing veining associated with pervasive silicification in a series of drill holes is a first, and the direct relationship to a major structure is important in developing a resource model there and for future...
Blue Star Gold Corp. Oct. 25 reported moderate success from four holes drilled this year in the Central-C zone at Ulu, one of three gold exploration properties that cover more than a 45-kilometer (28 miles) stretch of the High Lake Greenstone Belt in Nunavut. According to a 2015 calculation, the Flood and Gnu zones at Ulu host 2.5 million metric tons of measured and indicated resources averaging 7.53 grams per metric ton (605,000 ounces) gold; and 1.26 million metric tons of...
Silver Range Resources Ltd. Oct. 24 reported that its partner Silver47 Exploration Corp. has cut high-grade silver-zinc mineralization in its initial drilling at the Silver Matt discovery on its Michelle project in northcentral Yukon. Split between its portfolio of 43 properties in Nevada and northern Canada, of which 14 are currently under option to others, including the Michelle project now being explored by Silver47. The Michelle project covers carbonate-hosted,...
Ascot Resources Ltd. Oct. 27 reported that drills have tapped additional high-grade gold within and near areas for early mining at the Big Missouri deposit on the company's Premier Mine project near Stewart, British Columbia. "As drilling has recently wrapped up for this year's exploration season, we continue to receive high-grade assay results from the Big Missouri deposit," said Ascot Resources President and CEO Derek White. A 2020 feasibility study details plans for a new...