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Articles from the November 2, 2019 edition


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  • Victoria pours Eagle gold, explores Raven

    Shane Lasley, Mining News|Updated Aug 14, 2020

    While ramping up operations at its Eagle Gold Mine in the Yukon, Victoria Gold Corp. continued to explore the larger Dublin Gulch property where this newest large scale mine in the Yukon is located. "Victoria remains focused on Eagle Gold Mine construction, however the company believes the prospective nature of the greater Dublin Gulch claim block will ultimately develop into a truly rare gold camp along the Potato Hills trend through continued exploration efforts," said Victo...

  • Explorer executes vision at Hope Bay

    Rose Ragsdale, For Mining Explorers|Updated Aug 14, 2020

    More than halfway through its third year as a gold producer at the Hope Bay Property in Nunavut, TMAC Resources Inc. is also emerging as a top mineral explorer in Canada's northernmost territory. The Toronto-based company's Doris Mine at Hope Bay is one of only three producing gold mines in Nunavut. Situated in the Kitikmeot Region in northwestern Nunavut, Doris is the first gold deposit brought into commercial-scale production at the remote mining operation. For more than 30...

  • Auryn applies AI to search for Nunavut gold

    Shane Lasley, Mining News|Updated Aug 14, 2020

    A technically driven mineral exploration company, Auryn Resources Inc. has become known for applying some of the most advanced technologies in its search for gold in Canada. This year, Auryn teamed up with Computational Geosciences Inc. (CGI) to use artificial intelligence to assist in identifying the best drill targets at its 390,000-hectare (964,000 acres) Committee Bay gold project in Nunavut. VNet, a deep learning algorithm developed by CGI that requires expertise in...

  • Skeena expands shallow Eskay Creek gold

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Skeena Resources Ltd. hopes to breathe new life into Eskay Creek and Snip, iconic Golden Triangle gold mines previously operated by Barrick Gold Corp. Over a 14-year span ending in 2008, an underground mine at Eskay Creek produced roughly 3.3 million ounces of gold and 160 million oz of silver at average grades of 45 grams per metric ton gold and 2,224 g/t silver, which at the time made it the world's highest-grade gold mine and fifth-largest silver mine by volume. The high-gr...

  • Crystal Lake finds newly uncovered copper

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Crystal Lake Mining Corp. is finding plentiful copper, gold and silver mineralization emerging from the rapidly retreating glaciers on its Newmont Lake project in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) northwest of Skeena Resources' Eskay Creek project and about the same distance southeast of Teck Resources and Newmont Goldcorp's Galore Creek project, Newmont Lake is in an area renowned for world-class deposits rich in copper and gold. NW...

  • Garibaldi grows important BC nickel find

    Shane Lasley, Mining News|Updated Aug 14, 2020

    At a time when electric vehicles are driving up nickel demand, Garibaldi Resources Inc. is unveiling an extremely high-grade deposit of this battery metal at its Nickel Mountain project about 18 kilometers (11 miles) southwest of the historic Eskay Creek Mine in the heart of British Columbia's Golden Triangle. "Increasingly, Nickel Mountain represents an important new discovery within the Eskay Rift," said Peter Lightfoot, a technical advisor to Garibaldi and nickel geology...

  • Dolly Varden makes Chance silver discovery

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Dolly Varden Silver Corp. is focused on expanding the high-grade silver resources at its namesake silver property south of Stewart, British Columbia. The deposits outlined so far at Dolly Varden – Torbrit, Dolly Varden, Wolf and North Star – host 3.42 million metric tons of indicated resource averaging 299.8 grams per metric ton (32.93 million oz) silver; plus 1.29 million metric tons of inferred resource averaging 277 g/t (11.48 million oz) silver, according to an upd...

  • ZincX targets Cardiac Creek zinc upgrades

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Following the 2018 preliminary economic assessment for Cardiac Creek, ZincX Resources Corp. completed a 2,347-meter drill program this year that targeted the initial five years of future mine production proposed in the scoping level study for this zinc deposit on the Akie property in northern British Columbia. The PEA contemplates a 4,000-metric ton underground mine at Cardiac Creek providing ore for a 3,000-metric-ton-per-day mill that is expected to produce 3.27 billion...

  • Premier Stewart area gold-silver miner

    Shane Lasley, Mining News|Updated Aug 14, 2020

    With the January acquisition of IDM Mining Ltd., Ascot Resources Ltd. adds to its already robust portfolio of high-grade gold-silver mine projects at the southern gateway to British Columbia's Golden Triangle. "The combination of Ascot and IDM creates a very attractive opportunity in northwest British Columbia's Golden Triangle for our shareholders and stakeholders," said Ascot Resources President and CEO Derek White. "Based near the historic mining town of Stewart, this area...

  • StrikePoint expands Stewart area projects

    Shane Lasley, Mining News|Updated Aug 14, 2020

    StrikePoint Gold Inc. focused its 2019 exploration primarily on Willoughby, the Vancouver, British Columbia-based junior's newest gold and silver property in B.C.'s Golden Triangle. An intrusion related gold-silver project with similarities to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west, Willoughby is the second Golden Triangle property StrikePoint added to its portfolio in as many years. The other, Porter, is a past...

  • Bonanza gold beyond Valley of the Kings

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Pretium Resources Inc. carried out three levels of exploration at its Brucejack gold property in northwestern British Columbia – 70,000 meters drilling to expand and upgrade reserves within the Valley of Kings deposits being mined; a deep underground hole to test for extensions of Valley of the Kings; and grassroots exploration further abroad. In June, the company reported that two long holes drilled from the underground workings at Brucejack confirmed the presence of B...

  • Aben seeks high-grade gold in Yukon, BC

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Aben Resources Ltd. had drills turning on two gold-rich properties during 2019 – Justin in southeastern Yukon and Forrest Kerr in the Golden Triangle region of British Columbia. While Justin is the most northerly of the two projects, the terrain there provides for earlier access, making this property adjacent to Golden Predator Mining Corp.'s 3 Aces project the first target for exploration this year. The 2019 program at Justin included drilling, prospecting, geologic m...

  • GT Gold explores its own Golden Triangle

    Shane Lasley, Mining News|Updated Aug 14, 2020

    A C$17.6 million strategic investment by Newmont Goldcorp has provided GT Gold Corp. the capital to accelerate exploration on its Tatogga gold property in northwestern British Columbia. GT Gold said this investment is a strong endorsement of the potential of the Saddle South and Saddle North discoveries it has made on this property toward the north end of the Golden Triangle. Highlights from drilling at Saddle South during 2017 and 2018 include: seven meters of 51.53 grams...

  • Novagold focused on optimizing Donlin

    Shane Lasley, Mining News|Updated Aug 14, 2020

    With the 2018 sale of its 50 percent interest in the Galore Creek copper-gold project in British Columbia, Novagold Resources Inc. is singularly focused on advancing the Donlin Gold Mine project in Alaska toward production. In dichotomy, Barrick Gold Corp., Novagold's equal co-owner of Donlin Gold, significantly expanded its gold project portfolio with the finalization of a merger with Randgold Resources Ltd. at the onset of 2019. The Barrick-Randgold merger have caused...

  • Luckystrike bets on Monte Carlo gold

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Since its formation in 2018, Luckystrike Resources Ltd. has been exploring Yukon gold properties spun out of Goldstrike Resources Ltd., with a primary focus on its flagship Lucky Strike gold property in the heart of the White Gold District. The 2019 drill program at Lucky Strike targeted the expansion of two zones of gold mineralization tapped in DDLS-18-06, a 2018 hole that cut 8.3 meters averaging 1.16 grams per metric ton gold in an oxidized upper zone and 7.6 meters...

  • Triumph digs deep at Freegold Mountain

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Triumph Gold Corp. focused its 2019 drill program on testing buried copper-gold porphyry targets not previously targeted on its Freegold Mountain project in the Yukon. Over the years, Triumph has identified numerous near-surface porphyry gold-copper targets and deposits over a six-kilometer (3.7 miles) stretch of Freegold Mountain. The two most advanced deposits along this trend are Nucleus and Revenue. The Nucleus deposit hosts 74.74 million metric tons of indicated resource...

  • ATAC unlocking Rau's rich metal potential

    Shane Lasley, Mining News|Updated Aug 14, 2020

    ATAC Resources Ltd.'s 2019 exploration focused primarily on Rau, a 660-square kilometer (255 square miles) property at the western end of the company's 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. Rau is anchored by Tiger, a carbonate replacement body with 5.68 million metric tons of measured and indicated resources averaging 2.66 g/t (485,700 oz) gold. This project, however, hosts numerous styles of mineralization rich in copper, silver, zinc, lead and t...

  • Alexco explores restart of Keno Hill Mine

    Shane Lasley, Mining News|Updated Aug 14, 2020

    With a pre-feasibility study that details a small but financially robust mine at its Keno Hill Silver District project in the Yukon, Alexco Resource Corp. focused its summer 2019 work on building infrastructure to support the mine plan and exploration focused on Bermingham, the first deposit to go into production. "After filing the positive PFS for Keno Hill last month, we have turned our attention to our 2019 exploration campaign while we wait for authorization of the final...

  • Fireweed drills zinc deposit extensions

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Fireweed Zinc Ltd. focused its 2019 exploration on continuing to add high-grade resources at Macmillan Pass, a 544-square-kilometer (210 square miles) zinc-lead-silver project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inf...

  • Cantex expands spectacular North Rackla

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Cantex Mine Development Corp. is focused on expanding massive sulfide zones on its North Rackla property in the Yukon that are rich in zinc, lead, manganese and silver. Located about 20 kilometers (12.5 miles) north of ATAC Resources Ltd.'s Rackla Gold property, North Rackla is a relatively new discovery. Prospecting, sampling and trenching from 2014-16 showed the potential of the Discovery zone at North Rackla but the real excitement began with the spectacular mineralization...

  • Teck explores Alaska, B.C. for zinc, copper

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Teck Resources Ltd.'s northern exploration had two major focal points – ensuring the Red Dog District in Northwest Alaska continues as a significant source of global zinc supply well into the 21st century and a rekindled interest in advancing the Galore Creek copper-gold-silver project in British Columbia's Golden Triangle closer to production. The renewed and increased activities at Galore Creek follows Newmont Mining's 2018 acquisition of Novagold Resources Inc.'s 50 p...

  • Explorer seeks Yukon gold

    Rose Ragsdale, For Mining News|Updated Aug 14, 2020

    With diamond drills turning at three different properties in west-central Yukon this field season, along with rotary air blast drilling, soil sampling and other activities, White Gold Corp. is one of the busiest mineral explorers in the region, if not the entire territory. The Toronto-based junior, backed by partners Agnico Eagle Mines Ltd. and Kinross Gold Corp. – each owning 20 percent of the company – said it would spend C$13 million in 2019 exploring a huge land pac...

  • Golden Predator eyes gold mine restart

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Golden Predator Mining Corp. is advancing two gold properties in the Yukon – the Brewery Creek Mine project about 55 kilometers (34 miles) east of Dawson City and the 3 Aces high-grade gold exploration project in the southeastern part of the territory. This year, the company's primary focus is on Brewery Creek, the site of a former mine where Viceroy Resource Corp. produced 280,000 ounces of gold from 1996 to 2002. This operation used heap leaping – a method of gold rec...

  • Klondike hits bonanza gold above Eldorado

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Klondike Gold Corp. continues to tap veins of high-grade gold on its Klondike District property, a 576-square-kilometer (222 square miles) land package that covers the hills above the legendary Yukon creeks that produced more than 20 million ounces of placer gold since 1896. This year's C$2 million program included roughly 6,000 meters of drilling at the Lone Star, Gay Gulch and Nugget zones; soil sampling in areas above the legendary Eldorado and Bonanza creeks; GT Probe...

  • Alianza explores Yukon high-grade silver

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Alianza Minerals Ltd. focused its 2019 exploration on two high-grade silver projects in the Yukon – Tim, a road-accessible property near Coeur Mining Inc.'s Silvertip Mine, and Haldane, a Keno Hill Mining District property that has long been recognized for its high-grade silver potential. In June, Coeur Explorations Inc, a wholly owned subsidiary of Coeur Mining, signed a letter of intent to explore Tim, an early staged exploration property with high-grade silver-lead-zinc m...

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