The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 151 - 162 of 162
Primed for booming exploration for several years, the Yukon Territory appears to have hit big in 2010, both literally and figuratively. Emerging as one of the world's mining hot spots, the Northwest Canada jurisdiction is reporting industry investment exceeding C$120 million. Propelled by record gold prices and key gold discoveries, as well as surging demand in Asia for base metals and a mining friendly government, miners flocked to the territory in growing numbers, bringing generous exploration budgets and fresh theories...
SMD: TSX-V President and CEO: W. Douglas Eaton, B.A., B.Sc. Chief Operating Officer: Ian J. Talbot Chief Financial Officer: Larry Donaldson Strategic Metals Ltd. is an actively managed junior exploration company with working interests in more than 90 mineral properties in British Columbia and Yukon Territory. Its assets also include a large cash position, a valuable portfolio of shares in other resource companies and potentially valuable royalty interests. Strategic's property interests span a widely diverse suite of commodit...
Now that the word is out about Atac Resources Ltd.'s impressive gold discoveries at the Rau Project in central Yukon Territory, the financial market is taking to the early-stage exploration effort with the enthusiasm of a bear in a beehive. Atac recently reported impressive results from drilling and prospecting the Osiris and Isis targets on the Sten claim block near the eastern edge of the 185-kilometer-, or 115-mile-long Rau Project. Meanwhile, investors have fueled a run-up in Atac's stock price to about $7 a share from...
DAWSON, Yukon Territory - Hardrock mining explorers are capitalizing on unprecedented investor interest and going after paying gold, silver, copper-rich porphyry, lead-zinc and other metal deposits here with uncommon gusto this summer. A few years ago, a multimillion-dollar, single-season exploration program would have been a rare commodity in the Yukon. But this year, at least a half-dozen juniors have joined one major, Kinross Gold Corp., and the Yukon's only producer, Capstone Mining Corp., in forking over megabucks to...
While the White Gold Project continues to grab headlines, at least four other substantial gold projects in central Yukon Territory are quietly striding toward potential development. Yukon officials say it's all part of the plan. The gold projects reporting recent advancements include Victoria Gold Corp.'s Eagle gold project, Atac Resources Ltd.'s Rau Gold Project, Northern Tiger Resources Inc.'s Sonora Gulch Project, and Northern Freegold Resources Inc.'s Freegold Mountain Project. Global mining hot spot Yukon Energy, Mines...
RAU PROJECT, Yukon Territory - While the "White Gold Rush" captured the headlines in 2009, Atac Resources Ltd. quietly conducted a one-company claim-staking rush covering known geochemical and geological targets around its Rau gold property here in east-central Yukon Territory's Tombstone Mountains, 55 kilometers, or 35 miles, northeast of Keno City. Adding to the claims already held by Atac, the junior expanded the Rau gold property to more than 600 square kilometers, or 232...
ATC: TSX-V President and Director: Robert C. Carne Chief Executive Officer: Graham N. Downs Chief Operating Officer: Ian J. Talbot Atac Resources Ltd., organized in 1998 in British Columbia, is a closely held junior exploration company aggressively exploring for gold in Yukon Territory, Northwest Territories and British Columbia. The company's corporate philosophy is to maximize shareholder value by identifying and acquiring grassroots and early-stage gold prospects. It currently has more than 16 exploration projects. The...
Recession, what recession? That could have been the cry of some gold exploration companies in Yukon Territory in 2009. Thanks to several very impressive gold discoveries in 2008 at a time of unprecedented highs in gold prices, momentum lost in other sectors of Canadian mineral exploration seemed to hardly touch the gold-rich hills of this mining-friendly jurisdiction. Some 63 companies started 2009 with planned exploration programs in Yukon, but before all was said and done, a horde of additional gold seekers poured into the...
Underworld Resources Inc. hit the ground running in 2009, reporting impressive assay results in the first three holes of its drilling program at its White Gold Project in late May. For two field seasons, the Vancouver, B.C.-based company has explored sediment and vein-hosted gold targets on 845 claims covering 169 square kilometers, or 65.3 square miles, on the White Gold and Black Fox gold Properties in west-central Yukon Territory, 95 kilometers, or about 60 miles, south of Dawson City. So far, the junior has identified...
At least 11 companies have either staked claims in the vicinity of the recent White Gold discovery by Underworld Resources Ltd. in western Yukon Territory, or been inspired by Underworld's exploration success to become involved in exploration programs in the region this year. Underworld May 26 reported the discovery of 103 meters averaging 3.4 grams per metric ton gold at the White Gold Property. Among the companies flocking to the area: MPH Ventures Corp. June 19 said it has entered into an agreement to acquire the Quartz...
Yukon Territory has one producing mine, the Minto copper-gold-silver operation near the Yukon River north of Whitehorse. During 2008, more than 150 active hardrock exploration projects in the territory, 73 of which recording spending greater than C$100,000, and 22 posted outlays greater $1 million. Here's a look at some of the mining companies active in Yukon Territory. Producing mines Sherwood Copper Corp., now a part of Capstone Mining Corp., took the Minto Mine, Yukon Territory's only producing hard rock mine, to new...
Yet another junior exploration company prospecting for precious and base metals in the mountains of central Yukon has come home with a shiny new prize. ATAC Resources Ltd. struck gold last summer in the mineral-rich hills of the Tombstone Mountains. In August ATAC reported a significant discovery on the Rau property in the Keno Hill District at the northern edge of the prolific Tintina Gold Province, a banana-shaped belt of mostly intrusion-related gold deposits that stretches more than 1,000 miles across Yukon and Alaska....
