The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 162
Snowline Gold is unveiling an exciting new gold district in Canada’s Yukon. A little over 18 months after its organization, Snowline Gold Corp., a junior mining company with deep prospecting roots in Yukon Territory and savvy investment partners with deep pockets, is emerging as one of northern Canada's most active and enticing gold explorers. In March, the company outlined plans for its 2022 field season, citing exploration of prospective zones in its flagship 7...
ATAC Resources Ltd. Aug. 31 reported that it is impressed with the results from its initial phase of 2022 exploration at the Catch property in the Yukon and is mobilizing a reverse circulation drill to begin testing this property it optioned from Yukon-based geologist Ryan Burke earlier this year. "We've already defined multiple drill-ready targets, with numerous soil anomalies yet to be followed-up," said ATAC Resources President and CEO Graham Downs. Located in an...
Cantex Mine Development Corp. August 11 reported an update on the drilling of the GZ Zone at its 14,077-hectare (28,622 acres) North Rackla claim block in the Yukon. Generated from Cantex' 30,000-square-kilometer (11,583 square miles) regional heavy mineral sampling program, North Rackla was discovered in an area favorable for Carlin-style mineralization similar to ATAC Resources Ltd.'s Osiris deposit in 2010. Staked in 2012, the ensuing work has identified areas that contain...
ATAC Resources Ltd. May 19 announced the start of the 2022 field season with crews mobilizing to the Nadaleen project at the eastern end of the company's Rackla Gold property in the Yukon, before drilling a copper discovery on its Connaught property near the territory's western border. In early 2020, ATAC published results from an updated preliminary economic assessment for Osiris, a Carlin-type gold deposit at Nadaleen that hosts 12.4 million metric tons of inferred resource...
President and CEO of ATAC Resources Ltd. Graham Downs recently issued a letter to shareholders that reviews the company's portfolio of mineral exploration projects and outlines plans for 2022, including its goals for its flagship property, the Rackla Gold property in the Yukon. "The last two years have provided obvious challenges. However, during this time we have been very active advancing our copper-gold projects and conducting numerous comprehensive property evaluations,...
ATAC Resources Ltd. Feb. 10 announced that it has signed a letter of intent to option the 151.5-square-kilometer (58.5 square miles) PIL copper-gold-silver property from Finlay Minerals Ltd. Located about 15 kilometers (nine miles) east of Benchmark Metals' Lawyers gold-silver project, the road-accessible PIL property covers numerous highly prospective copper-gold porphyry and epithermal gold-silver targets within a prolific and highly active part of BC's Golden Horseshoe....
ATAC Resources Ltd. Jan. 25 announced its optioning of the 15.7-square-kilometer (3,880 acres) Catch property from Yukon-based geologist Ryan Burke. "The addition of the Catch property to our growing copper and gold portfolio presents a rare opportunity to advance a brand new copper-gold discovery located at the underexplored northern end of a very fertile geological terrane," said ATAC President and CEO Graham Downs. Catch is located in an underexplored part of southcentral...
ATAC Resources Ltd. focused its 2021 mineral exploration largely on the East Goldfield project in Nevada and the Connaught project in western Yukon, a departure from more than a decade of primarily exploring its district-scale Rackla Gold property in the Yukon. This shift in jurisdictional and project focus followed the Yukon government's rejection of the company's application for a permit to build a private road that would support advanced exploration and potential mine...
Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from some of the most challenging working conditions in modern history due to the COVID-19 pandemic, placer and hardrock miners stepped up the pace of their activities, posting record production numbers and promising exploration results. With the rollout of COVID vaccines and the prospect...
ATAC Resources Ltd. Dec. 15 reported an update on the grassroots exploration it carried out this year at Rosy, a gold-silver project 77 kilometers (48 miles) east of Whitehorse, Yukon. "Grassroots work at Rosy this year has significantly expanded the previously known gold-in-soil anomaly," said ATAC Resources President and CEO Graham Downs. "While Rosy has seen only sporadic historical exploration, with a limited portion of the property covered by geochemical surveys, this wor...
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years. Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated...
ATAC Resources Ltd. Sept. 2 reported that trenching and other surface exploration has confirmed compelling porphyry copper-molybdenum-gold potential at Connaught, a western Yukon exploration project better known for high-grade silver-lead-gold veins that often also carried copper and zinc. "We are extremely encouraged with the early exploration results from Connaught, as they strongly support the presence of a copper-molybdenum porphyry," said ATAC President and CEO Graham...
White Gold Corp., one of the most active mineral exploration companies in Canada's North in recent years, is taking a closer look at Nolan, a property found in Yukon's fabled Sixtymile area near the Alaska border. Here, eager prospectors have pulled gold from the region's creeks and streams since the precious metal was first discovered in the region in 1884. White Gold is betting throngs of prospectors who scoured the area during the past 136 years left a lot of gold behind. T...
ATAC Resources Ltd. is focusing its 2021 mineral exploration program on the East Goldfield project in Nevada, a departure from more than a decade of primarily exploring its district-scale Rackla Gold property in the Yukon. Late last year, the Yukon government rejected ATAC's application to build a 65-kilometer (40 miles), private tote road that would have supported advanced exploration and potential mine development at Rau, the westernmost of three projects that make up the ex...
From the first glimpse of a potential new discovery to watching the first load of ore pour into a new mill, mineral explorers working in Yukon Territory during 2020 reported experiencing the full gamut of mining highs. Encouraged by the commissioning of the Eagle Gold Mine, government grants for exploration projects, and metals prices, dozens of juniors rushed to the Yukon to chase prospects in the northern territory. "Based on the historic trends, coming into 2020, it looked...
ATAC Resources Ltd. continues to focus its exploration on Rau, a 660-square-kilometer (255 square miles) project at the western end of the company's enormous 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. Early in 2020, ATAC published the results from an updated preliminary economic assessment for a mine at Tiger, a carbonate replacement gold deposit that anchors Rau. Based on 4.53 million metric tons of measured and indicated resources averaging 3.19...
ATAC Resources Ltd. Nov. 30 announced that the Yukon government has rejected the company's application to build a 65-kilometer (40 miles), private tote road that would have supported advanced exploration and potential mine development at Rau, the westernmost of three projects that make up ATAC's expansive Rackla gold property in the Yukon. The proposed all-season road would have branched off the Hanson Lake Road west of Keno City and extended north to Tiger, the most advanced...
ATAC Resources Ltd. Sept. 14 announced that the initial phase of 2020 exploration at its Rau project in the Yukon indicates the presence of a large orogenic gold system at the Airstrip target. Airstrip is roughly 5,000 meters southeast of Tiger, a carbonate replacement deposit that hosts 4.53 million metric tons of measured and indicated resources averaging 3.19 grams per metric ton (464,000 oz) of gold. A preliminary economic assessment published earlier this year outlined...
ATAC Resources Ltd. July 15 announced that the initial phase of its 2020 exploration program is now underway at Rau, an intriguing precious and base metals project at the western end of the 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. ATAC's phase-one 2020 exploration program will include excavator trenching, 1,500 meters of rotary air blast (RAB) drilling, mapping and prospecting to develop diamond drill targets at the Airstrip target, which hosts an...
Rau, an intriguing precious and base metals property at the western end of the 185-kilometer- (115 miles) long Rackla Gold property in the Yukon, will continue to be the primary focus of ATAC Resources Ltd.'s exploration efforts in 2020. Last week, the company published the results from an updated preliminary economic assessment (PEA) for Tiger, a carbonate replacement gold deposit that is the most advanced project on the 660-square kilometer (255 square miles) Rau property....
ATAC Resources Ltd. Nov. 14 announced it is working on an updated resource estimate and preliminary economic assessment (PEA) for its high-grade Tiger gold deposit at Rau, the westernmost of three projects that make up the company's 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. A previous PEA, completed in 2016, in May, investigated the use of an agitated tank carbon-in-pulp leaching process to recover gold from the highly oxidized carbonate replacement...
Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$...
The two mega-mergers that hit the gold mining sector early in 2019 – Barrick Gold Corp. combining with Randgold Resources Ltd. and Newmont Mining Corp. acquiring Goldcorp Inc. – is forever changing the gold mining landscape around the world. While the two largest gold mining companies Newmont Goldcorp (No. 1) and Barrick (No. 2) are still in the process of shedding assets following the mega-mergers, it seems that Newmont Goldcorp will emerge with a much stronger foothold in...
On Aug. 8, 2011, I landed at the exploration camp at ATAC Resources' Rackla Gold property, a place buzzing with excitement and activity from the recent discovery of Carlin-style gold mineralization. Finding out more about this intriguing new find was the highlight of my tour of Yukon mineral projects that year. This is where I first met Julia Lane, a 25-year-old geologist tasked with explaining "Carlin-style gold mineralization" to me and my media colleagues and what this...
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...
