Sorted by date Results 1 - 8 of 8
Nighthawk Gold Corp. Nov. 15 announced that this year's drilling cut bonanza-grade gold in the Cass deposit on the company's Indin Lake property in Northwest Territories. According to a calculation completed in March, Indin Lake hosts 58.2 million metric tons of indicated resource averaging 1.44 grams per metric ton (2.69 million oz) gold, plus 19.7 million metric tons of inferred resource averaging 2.1 g/t (1.33 million) gold. This year, Nighthawk carried out a 40,085-meters...
Fireweed Metals Corp. Nov. 17 announced that its exploration program at Gayna River revealed several potential high-grade targets at this zinc-lead-gallium-germanium project in Canada's Northwest Territories. "The results from this year's exploration program at Gayna River demonstrate that there is potential for high-grade massive sulphides here, consistent with our approach in exploring Kipushi-style high-grade targets around the margins of these ancient carbonate reefs," sai...
An updated preliminary economic assessment for Pebble shows that a US$60 million royalty investment deal between Northern Dynasty Minerals Ltd. and an unnamed investor has a minimal impact on the economics of the proposed mine at the world-class copper project in Southwest Alaska. You can read about the sudden investment at Surprise $60 million investment for Pebble in the July 29, 2022, edition of North of 60 Mining News. "In the updated technical report we have detailed the...
Drilling continues to expand gold mineralization SW of proposed pit. Skeena Resources Ltd. Nov. 17 announced that drilling continues to cut strong gold mineralization in an area previously considered as barren waste rock at the southwest end of the proposed open pit gold mine in British Columbia's Golden Triangle. In September, Skeena published the results of a feasibility study that details an open pit mining operation at Eskay Creek that would produce 2.42 million ounces of...
ZincX Resources Corp. Nov. 15 reported that it has received high-resolution lidar data that will aid future exploration and development on Akie and Mt. Alcock, two of 11 properties that make up the company's expansive land package that covers a 140-kilometer- (87 miles) long stretch of the Kechika Trough in Northern British Columbia. The Cardiac Creek deposit at Akie, the most advanced of the properties fully owned by ZincX, hosts 22.7 million metric tons of indicated...
Newcrest Mining Ltd. Nov. 16 announced the restart of operations at Brucejack following a more than three-week shutdown to investigate the cause of an Oct. 22 fatality at the high-grade underground gold mine in Northern British Columbia. While details surrounding the cause of the incident nor the identity of the miner involved have not been released, it was previously reported that the worker was an employee of Procon, the underground mine contractor at Brucejack. In order to...
Snowline Gold Corp. Nov. 15 announced that drills cut an incredible 128.2-meter intercept averaging 2.48 grams per metric ton gold from surface, within a wider 285.2-meter section averaging 1.45 g/t gold at its Rogue project in the Yukon. Much like its V-22-010 hole that cut 318.8 meters of 2.55 g/t gold, which Snowline says changed its perception of the Valley zone, this latest step-out adds "significantly to the prospective scale and grade of our unfolding gold discovery at...
Palladium One Mining Inc. Nov. 17 announced that one grab sample from the initial exploration of its newly acquired Canalask project in the Yukon contained 0.15% nickel, 6.07% copper, 0.01% cobalt, 28.1 grams per metric ton silver, and 1.55 g/t gold. Lying alongside the Alaska Highway, this 3,400-hectare (8,402 acres) property is roughly 300 (186 miles) kilometers from Whitehorse and near the Alaska border. Optioned from Victoria Gold Corp. Palladium One Mining saw potential...