The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Amarc Resources Ltd. Dec. 11 said its inaugural exploration program at Joy has confirmed several high-potential porphyry gold-copper drill targets on this 464-square-kilometer property in north-central British Columbia. This year's C$2.5 million exploration program at Joy was funded by Hudbay Minerals Inc., which has partnered with Amarc to explore and develop the Joy Project. Hudbay, which produces precious and base metals from operations in Canada and Peru, also paid C$1.15...
White Gold Corp. Dec. 10 reported results from additional drilling and sampling at Vertigo that continues to expand the footprint of this intriguing gold exploration target on the JP Ross property in Yukon's White Gold District. On Dec. 6, White Gold Corp. published results from JPRVERRC18-013, a reverse circulation hole that cut 6.1 meters averaging 18.59 grams per metric ton gold and 188.8 g/t silver from a depth of 24.38 meters; and 4.57 meters of 6.82 g/t gold from 44.2 me...
ATAC Resources Ltd. Dec. 12 reported that Barrick Gold Corp. has terminated its option to acquire an interest in the Orion project, one of three project that makes up ATAC's expansive Rackla Gold property in the Yukon. "We would like to thank Barrick for its exceptional collaboration and sharing its extensive knowledge of Carlin-style systems with ATAC over the past two years," said ATAC Resources President and CEO Graham Downs. ATAC also announces the results from the 2018...
Sojourn Exploration Inc. Dec. 12 reported results from this year's sampling at Todd Creek, a porphyry copper-gold property about 40 kilometers (25 miles) southeast of Seabridge Gold Inc.'s enormous KSM project. A time domain induced polarization survey carried out this year at Todd Creek showed a significant chargeability anomaly underlies the Yellow Bowl zone, a roughly 3,000-meter-long corridor of strongly altered and variably copper-gold mineralized intermediate volcanic ro...
Klondike Gold Corp. Dec. 10 reported that its latest batch of drill results have expanded the Lone Star zone on the company's wholly owned Klondike District gold property, a 527-square-kilometers (203 square miles) block of mining claims that covers a 55-kilometer- (34 miles) long region of the Yukon that has produced more than 20 million ounces of placer gold since the legendary rush to the region in 1898. This year, Klondike Gold drilled 87 holes (9,511.93 meters) targeting...
Trilogy Metals Inc. Dec. 13 said results from the final five holes drilled this year at Bornite continue to show the potential to expand the high-grade underground resource at this world-class copper-cobalt project in the Ambler Mining District of Northwest Alaska, including toward the open-pit deposit to the south. "The latest drilling results confirm the extent and continuity of the copper and cobalt mineralized system at the Bornite Project, and continue to demonstrate...
Ucore Rare Metals Inc. Dec. 11 reported that two of its major shareholders, Orca Holdings LLC and Concept Capital Management Ltd., were again participants in its latest private placement, which raised C$500,000, significantly higher than the C$350,000 originally announced in November. At the close of the financing, Ucore issued 3,333,333 units priced at C15 cents each. Each unit consists of one share and half a purchase warrant that gives the holder the right to purchase...
Exceptional widths of higher grade gold and copper mineralization tapped during this year's drilling continues to support the idea that the Iron Cap deposit deserves to be queued up earlier in the plan for a future mine at Seabridge Gold Inc.'s KSM project copper-gold in northwestern British Columbia. The four deposits that make up the KSM project – Kerr, Sulphurets, Mitchell and Iron Cap – encompass 2.2 billion metric tons of proven and probable reserves averaging 0.55 gra...
