The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
Promising gold-bearing structures explored as the company prepares to ramp up drilling. Flow Metals Corp. Oct. 8 announced an update on its 2024 exploration program at the company's Sixtymile gold project in Yukon, Canada, where recent geological mapping and sampling have identified new targets within a nine-kilometer (5.6 miles) gold-bearing thrust fault zone. Located 65 kilometers (40 miles) west of Dawson City, within the traditional territory of the Tr'ondëk Hwëchʼin Fi...
Assays once again outperform resource model; Snowline still awaiting majority of results. Snowline Gold Corp. Oct. 10 announced the next batch of assays from its 2024 exploration campaign at Valley on the company's Rogue project in Yukon, Canada, including 2.1 grams per metric ton gold over 433.5 meters, further reinforcing the potential for high-grade, near-surface gold mineralization. Located within the Selwyn Basin near Yukon's eastern border with Northwest Territories,...
First drill results uncover multiple instances of visible gold and extend known mineralization 250 meters beyond historical depths. Sitka Gold Corp. Oct. 9 announced multiple observations of visible gold in the first two diamond drill holes ever completed at the Rhosgobel intrusion, located approximately five kilometers (three miles) south of its Blackjack deposit on the company's flagship RC Gold project in Yukon, Canada. Located in the heart of Yukon's Tombstone Gold Belt,...
More than doubles the indicated resource at this copper-gold-silver deposit in Alaska. U.S. GoldMining Inc. Oct.7 reported that a new calculation more than doubles the amount of copper, gold, and silver in indicated resources within the namesake deposit on its Whistler project in the West Susitna Mineral district about 100 miles northwest of Anchorage, Alaska. Since the successful listing on the Nasdaq with a $20 million public offering in April of 2023, U.S. GoldMining has...
Recent drilling uncovers high-grade zinc and silver, opening new exploration opportunities. Fireweed Metals Corp. Oct. 8 announced the discovery of near-surface zinc and silver mineralization at the newly identified Popcorn target within the company's Macpass Project in Yukon, Canada. "Popcorn represents the first exploration success stemming from our regional exploration program this year at Macpass," said Peter Hemstead, Fireweed Metals' interim president and CEO....
Drills tap wide copper-gold mineralization indicative of a larger porphyritic intrusion. Seabridge Gold Inc. Oct. 9 reported that drilling has cut a thick zone of promising copper-gold mineralization at the Snip North target on the company's Iskut project in British Columbia's Golden Triangle. Seabridge acquired Iskut in 2016 due to the property's potential to host large porphyry copper-gold deposits similar to the company's world-class KSM mine project about 30 kilometers...
First 2024 holes cut strong gold mineralization at starter mine target at Estelle, including 43 meters of 4.4 g/t gold. Nova Minerals Ltd. Oct. 9 reported that the first batch of assays from the 21-hole drill program carried out this year at Estelle confirms the continuity and strength of near-surface gold mineralization at RPM, a higher-grade deposit that is expected to be the site of the first mine on the 198-square-mile (514 square kilometers) gold-antimony property about...
Company discovers a shift in orientation and broader gold veins as drills trace mineralization toward historic Newsboy Mine. Freegold Resources Ltd. Oct. 8 reported that its resource expansion drilling west of the 25-million-ounce Dolphin-Cleary gold deposit at its Golden Summit in Interior Alaska is cutting multiple higher-grade veins reminiscent of the historic Newsboy Mine about 1,000 meters to the southwest. According to a calculation completed in September,...
Hires Worley to update feasibility study for vertically integrated cobalt-bismuth-copper-gold project in Northwest Territories and Alberta. Fortune Minerals Ltd. Oct. 7 reported that it has hired Worley Canada Services Ltd. to update a feasibility study for NICO, a vertically integrated critical minerals project that will include a mine in Northwest Territories and hydrometallurgical refinery in Alberta. Located about 160 kilometers (100 miles) northwest of Yellowknife, NWT,...
This year's field program collects data needed for advanced mine plan study and permitting for gold-silver project in Northern B.C. Thesis Gold Inc. Oct. 7 announced the completion of a 2024 field program focused on collecting the final information needed to initiate a prefeasibility study (PFS) and permitting for a mine at its Lawyers-Ranch gold-silver project in Northern British Columbia's Toodoggone Mining District. "The successful completion of the 2024 exploration season...
