The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 126 - 150 of 162
While the frenzy of activity that engulfed the Yukon Territory in 2011 did not re-emerge this season, scores of players, from upstart juniors to global mining firms mounted impressive mineral exploration campaigns throughout the territory. Gold was the primary metal sought in the Yukon in 2012, but some explorers chased silver, copper, zinc-lead, iron and other minerals. Based on the spending plans of mining companies in March, Natural Resources Canada projected C$285 million planned spending across the Yukon, a decrease of... Full story
SMD: TSX-V President and CEO: W. Douglas Eaton, B.A., B.Sc. Chairman: Bruce A. Youngman, B.Sc. Chief Operating Officer: Ian J. Talbot Over the past 15 years, Strategic Metals Ltd. has assembled an impressive portfolio of some 160 mineral properties and royalty interests in Yukon, British Columbia and western Northwest Territories, including many that are currently under option to other companies. Strategic recently expanded its wholly-owned Midas Touch project to cover over 1,200 square kilometers (463 square miles) of...
Location, location, location," the old adage goes, summing up the opportunities and challenges faced by the real estate industry. Well, "infrastructure, infrastructure, infrastructure," can offer the same insights into the problems of modern mining in remote jurisdictions like Yukon Territory. The relative scarcity of roads, bridges, airports, power and other infrastructure in the Yukon is critical to the outlook for mining, and in many cases, the presence or lack of these important components can spell the difference between...
FARO - Legendary mineral explorer W. Douglas "Doug" Eaton hurried forward to greet the group of visitors clambering out of the MD900 helicopter as its whirring blades whipped miniature cyclones of dust in the air. Eaton - unlike many of the geologists, engineers and mining executives the group would meet during a weeklong tour of mine sites, exploration camps and conferences around Yukon Territory - grinned from ear to ear. The early part of the territory-wide mining tour also would include visits to the Einarson Project...
Two of the projects credited with touching off the recent gold rush to Yukon Territory reported results from their 2012 programs in July that suggest they could deliver on all that their early results promised. While new entrants have slowed to a trickle and other early players retire from the scene, at least until the anemic capital markets regain their vigor, Atac Resources Ltd. and Kaminak Gold Corp. and a handful of other juniors are quietly churning out impressive assay results in robust multimillion-dollar drill...
When geologists talk about the exciting gold deposits recently discovered in Canada's Yukon Territory, they use terms like "structurally controlled, intrusion-related" and "Carlin-style." Attentive laymen soon catch on, recognizing that "structural" often characterizes the non-glaciated hydrothermal deposits found in the White Gold district of west-central Yukon and "intrusive" commonly refers to impressive finds in mountainous central Yukon, while some discoveries to the east have been labeled "Carlin-style" because of...
It is still early days in the exploration play for gold in eastern Yukon Territory, but a score of companies got a jump on competitors in 2011 by targeting promising occurrences of gold and pathfinder elements in a frenzy of unprecedented claim staking and reconnaissance. The early explorers rushed to the region following a report by Atac Resources Ltd. in September 2010 that it discovered unusual mineralization in the rocky eastern ridges of its 1,600-square-kilometer (618 square miles) Rackla Project. Atac posted high-grade...
The Yukon Chamber of Mines recently signed a memorandum of understanding with the First Nation of Na-cho Nyak Dun and the Tr'ondëk Hwëch'in to create a framework within which the industry and aboriginal groups will work together for their respective goals. The First Nations said they seek to preserve a way of life that is based upon an economic and spiritual relationship with the land, while the Chamber of Mines said it aims to promote a vibrant, healthy, safe and responsible mining and exploration industry in the Yukon. T...
A second wave of mining exploration swept across Yukon Territory in 2011, bringing with it new mineral discoveries, record employment and myriad other changes, large and small. Roughly 100 companies, including a score of newcomers, mounted an array of mineral exploration programs with most of them stalking gold and silver deposits. Some came away with early success and excitement about their results, while others sifted the tea leaves, looking for clearer signs of the elusive mineralization they seek. "The impact of this...
Is the "Yukon Gold Rush" about to spill into Alaska? Since the 1896 discovery of gold on the aptly named Bonanza Creek sparked a stampede of fortune seekers to the rivers and streams of the Klondike, these world-class mining jurisdictions that share a common geological and mineralization history have been engaged in a cross-border rivalry of drawing prospectors and miners to their mineral-rich deposits. While 19th Century miners seeking their fortunes in Alaska's Fortymile...
ABN: TSX Venture Exchange Chairman: Ronald Netolitzky, M.Sc. Geology President: James G. Pettit Qualified person: Carl Schultz, B.Sc., P Geo. Project manager: Aaron Higgs Aben Resources Ltd. is a Canadian gold and silver exploration company actively involved with the development of properties in Yukon Territory, Northwest Territories, Saskatchewan and Ontario. The company has an extensive proprietary database for the Yukon as well as the rights to 172,732 hectares (426,821 acres) of prospecting permits in the NWT. In May,...
ATC:TSX-V President: Robert C. Carne, M.Sc., P.Geo. Chief Executive Officer: Graham N. Downs Ian J. Talbot: Chief Operating Officer Atac Resources Ltd., a member of the Strategic Exploration Group, is an exploration-stage company concentrating as much effort as possible on the Rackla Gold Project including Rau and Nadaleen geological trends situated at the northern edge of the Tintina Gold Belt in the Mayo Mining District of east-central Yukon Territory. The project encompasses more than 8,000 mineral claims and covers 1,600...
Yukon Territory continues to be in the limelight with the previous years' gold exploration successes leading to definition of gold deposits in 2011. Gold is the leading commodity in terms of exploration, but silver, base metals and tungsten are the leading commodities in terms of mine development. A number of regions are continuing to attract high-profile attention with two of Yukon's operating mines expanding their reserves and new discoveries continuing throughout the territory. The year has been very exciting so far. A...
Throughout the 2011 field season, explorers pushed the envelope in Yukon Territory, scrambling to target and assess rapidly increasing numbers of deposits of gold, silver and base metals mineralization being identified as the exploration rush that overtook the region in 2009 stretched into its third consecutive year. With gold prices climbing to new highs and a stable investment climate, the lure of the Yukon attracted miners and investors in numbers not seen in a century. "Both Yukon and Nunavut are entering a period of sust...
Frontrunners in the Yukon mineral exploration rush in 2011 spent more than C$12 million each, with at least one company pouring C$25 million into its program. These companies include Atac Resources Ltd., Kaminak Gold Corp., Capstone Mining Corp., Alexco Resource Corp., Golden Predator Corp., Ryan Gold Corp. and Silver Range Resources Ltd. At least another 14 companies shelled out more than C$5 million each to search for precious and base metals, using virtually every modern exploration technique from sampling to drilling.... Full story
CEM: TSX-V President and CEO: Garfield MacVeigh Chairman: Wayne Livingstone Vice President, Exploration: Darwin Green While Constantine Metal Resources Ltd. considers Palmer - a volcanogenic massive sulfide project near Haines in Southeast Alaska - its principal asset, the explorer's 2011 focus is on its gold assets in the Yukon Territory and Ontario. Quick to recognize the significance of Atac Resources Ltd.'s discovery of Carlin-style gold mineralization in the Yukon, Constantine formed a joint venture with Carlin Gold... Full story
SQI: TSX-V President and CEO: Randy Turner, P.Geo CFO: Christopher Mitchell, P.Eng. Vice President, Exploration: David Pawliuk, P.Geo Silver Quest Resources Ltd. is focused on exploring for silver and gold on its numerous property holdings, ranging from early stage grassroots to advanced stage resource delineation and expansion projects scattered across central British Columbia and Yukon Territory. In late March, Silver Quest and Richfield Ventures Corp. executed a joint venture agreement in which the junior has a 25 percent...
YUKON TERRITORY - "There's gold, and it's haunting and haunting; It's luring me on as of old; Yet it isn't the gold that I'm wanting; So much as just finding the gold." This passage from the "Spell of the Yukon" is as applicable to the contemporary stampede of explorers seeking mineral riches in the home of the Klondike as it was to the prospectors of which Robert Service wrote more than a century ago. It is estimated that the modern rush of prospectors to Yukon Territory...
Another busy summer field season is getting underway in Yukon Territory, and government officials are projecting record numbers of mining companies flocking to the Northwest Canada jurisdiction and spending unprecedented sums on mineral exploration programs scattered across the southern two-thirds of the territory. Based on the industry's spending intentions in February, Natural Resources Canada projected C$39.3 million would be spent in 2011 by the majors on exploration and deposit appraisal activities in Yukon Territory,...
Who says lightning can't strike twice in the same place? In just 32 days last summer, Atac Resources Ltd. rocketed from near-oblivion to ignite what is rapidly becoming the second modern exploration rush to Yukon Territory in recent years. Atac had explored a small area in the western portion of its Rackla Gold (formerly Rau) Project in east-central Yukon for several years. After making an impressive gold discovery in 2008, the company has drilled about 26,000 meters in 132 holes through 2010 in the Tiger Zone. As recently... Full story
From college students seeking their first job in the minerals industry to executives of the world's leading mining companies, a record-setting 7,003 people packed the Westin Bayshore Hotel in Vancouver, B.C., Jan. 24-27 to attend the Association for Mineral Exploration British Columbia's 2011 Mineral Exploration Roundup. "The theme this year is 'Exploring Today for Tomorrow's Resources' - it couldn't be more important a theme, and it couldn't be more important an activity,"...
Two years after explorers stampeded to Yukon Territory in search of gold and other minerals the rush is showing no sign of abating. In fact, the exploration frenzy appears to gather fresh steam with every new mineral discovery reported in the territory. And the pipeline of discoveries is flowing, fast and furious. Junior mining companies and prospectors also continued to stake hordes of claims in 2010 right up to Dec. 23, stopping only when Government of Yukon mining recorders called a halt for the holidays. The excitement su... Full story
A pair of gold discoveries led a torrent of exploration news pouring out of Yukon Territory this year as numerous newcomers joined old hands in the hunt for the yellow metal and other lucrative minerals. "We've entered a new phase of exploration. People are using soil sampling as an unbiased targeting method that is resulting in discoveries of new mineral potential," Yukon geologist Mike Burke, told more than 500 participants in the Yukon Geoscience Forum Nov. 22. The areas where people are looking are expanding as miners... Full story
With all eyes pointed north, the mineral industry in Yukon is having a banner year in 2010. A number of regions are continuing to attract high-profile attention. With two new mines starting production and encouraging discoveries throughout the territory, the year has been very exciting. Exploration Claim staking in the White Gold area, the Dawson Range and the 60 Mile area has been robust in 2010 with many new companies (more than 20) involved in the staking rush. Kinross Gold Corp. issued a friendly takeover offer for...
ATC:TSX-V President: Robert C. Carne, M.Sc., P.Geo. Chief Executive Officer: Graham N. Downs Ian J. Talbot: Chief Operating Officer Atac Resources Ltd., organized in 1998 in British Columbia, is a junior exploration company spawned by longtime Yukon mining consultant Archer Cathro Ltd. that is aggressively exploring has more than 16 exploration projects in Yukon Territory, Northwest Territories and British Columbia. Atac is focused on exploring the Rau gold project situated at the northern edge of the Tintina Gold Belt in eas...
