The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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First batch of 2024 drill assays highlight continuity of gold mineralization and further resource potential of project. Banyan Gold Corp. Sept. 5 reported encouraging assay results from its ongoing 2024 drill program at the AurMac project in Yukon, Canada, including an intercept of 197 meters averaging 0.72 grams per metric ton gold from surface at the Powerline deposit. Situated in Yukon's prolific Tombstone Gold Belt, the AurMac project covers 173 square kilometers (67...
Recent results highlight mineral continuity and new gold-rich zones. Banyan Gold Corp. Nov. 4 announced promising assay results from its 2024 drill program at the AurMac project in Yukon, showcasing new high-grade gold intercepts and confirming structural controls at the Powerline deposit. Situated in Yukon's prolific Tombstone Gold Belt, the AurMac project covers 173 square kilometers (67 square miles) of mineral-rich terrain, 40 kilometers (25 miles) from Mayo and 356 kilome...
Grid Connect Project aims to deliver affordable energy, unlocking potential for mining and economic development. The recent federal investment of C$60 million (US$44.2 million), including C$40 million (US$29.7 million) earmarked for connecting Yukon to the North American power grid, is being welcomed as a promising step toward addressing the territory's longstanding energy challenges, with local industries, particularly mining companies, seeing this infrastructure upgrade as...
Drills are already cutting visible gold at Yukon project; company welcomes Henry Marsden as technical advisor. Banyan Gold Corp. June 3 announced that drills are already turning as part of the company's planned 5,000-meter exploration program at its AurMac project in Yukon, Canada. After establishing an impressive 7-million-ounce gold resource for AurMac in February, drilling this year aims to demonstrate high-grade mineralization and grade continuity in potential starter...
Will include full season of various workings toward optimizing future operations. Banyan Gold Corp. April 18 announced the exploration and technical program planned for the 2024 season at its AurMac gold project in Yukon, Canada, allocating roughly 5,000 meters of drilling that will be strategically focused on economic drivers to optimize a future mine. After establishing an impressive 7-million-ounce gold resource for AurMac in February, drilling this year aims to...
Banyan Gold Corp. Feb. 7 announced an updated mineral resource estimate for its AurMac gold project in Yukon, Canada, climbing its total to 7 million ounces of gold. "With the AurMac resource now at 7 million ounces; 6.2 million ounces in the Powerline deposit alone, we can focus on delineating higher-grade zones, increase the confidence in the resource and further de-risk the project," said Banyan Gold President and CEO Tara Christie. This marks an increase of 1 million oz...
Banyan Gold Corp. Jan. 15 reported the remaining assays from a robust 2023 drill program that significantly expanded the gold mineralized footprint on the company's AurMac project in Yukon. Roughly 80% of the 24,700 meters of drilling carried out at AurMac last year was focused on the Powerline and Aurex Hill deposits, with the balance on new targets. "With three drill seasons since our initial resource in 2020, Banyan has taken the resource at AurMac to 6.2 million ounces...
Raging wildfires and record hot temperatures challenged the well-laid plans of a score and more of mineral explorers in Canada's Yukon this year as the 2023 field season shifted into high summer. Most of the companies, however, managed to carry out their exploration for gold, silver, copper, and other minerals across the territory. The fierce and sometimes out-of-control blazes marked one of the worst wildfire seasons seen in Canada in nearly 30 years, consuming more than...
With another fruitful year of systematic drilling, a stressful wildfire, the successful expansion of its resources swelling to more than six million ounces, and the accomplishment of a several-year-long goal of connecting two of its more advanced-exploration deposits, Banyan Gold Corp. has shown that persistence is a key ingredient to a successful exploration project. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla...
Banyan Gold Corp. Dec. 13 announced a significant milestone in its exploration journey on the company's Yukon-based holdings, with the successful acquisition of 75% earn-in of the McQuesten half of its AurMac property. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, cover three gold deposits – with McQuesten holding the A...
Banyan Gold Corp. Sept. 6 announced the latest results from 13 holes that confirm consistency of gold mineralization within the southern portion of the Powerline deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and A...
Victoria Gold Corp. Aug. 21 announced that after nearly two weeks of halted operations due to wildfires, operations at the Eagle Gold Mine in central Yukon have returned to normalcy, and production has resumed once more. At the end of July, Victoria initiated a partial evacuation of its Eagle Gold Mine operations due to the proximity of the East McQuesten wildfire. With the fires getting as close as 4,000 meters to the mine, the company commenced a second evacuation of Eagle...
To ensure the safety of its Eagle Gold Mine employees, Victoria Gold Corp. July 30 announced that operations would be partially evacuated due to the recent wildfire activity near the operation. At the same time, neighboring Banyan Gold Corp. is paring down its gold exploration activities due to its proximity to the fire. "The safety of our employees is our highest priority," said Victoria Gold President and CEO John McConnell. "As a result of wildfire activity proximal to...
Banyan Gold Corp. July 19 announced the results from the latest 25 drill holes from its ongoing 2023 exploration program at the company's AurMac property in Yukon, Canada, establishing that gold mineralization is continuous between Powerline and Aurex Hill – a goal Banyan has been pursuing for the past couple of years. "Confirmation that AurMac gold mineralization is continuous between Powerline and Aurex Hill was an important goal of our Phase 1 drill program," said Banyan G...
Banyan Gold Corp. May 24 announced that it has added more than 2 million additional ounces to its AurMac project in the Yukon over the past year, elevating the current resource to 6.2 million oz of gold. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and Aurex Hill. A...
Strategic Metals Ltd., surely the most active project generator in northern Canada, recently reported substantial mineral exploration and transaction activities in 2022 and early 2023. This includes an update in January on exploration at Mount Hinton, a gold-silver project in Yukon's Keno Hill District that lies immediately southeast of Hecla Mining Company's Keno Hill Silver Mine, 35 kilometers (22 miles) southeast of Victoria Gold's Eagle Mine, and 25 kilometers (16 miles)...
Banyan Gold Corp. March 6 announced the start of its 2023 exploration program at the company's AurMac property in Yukon, Canada, as well as the addition of Brad Thrall as technical advisor for early prep-work needed to build a working mine. In addition to its initially planned 25,000 meters of drilling being completed with three diamond rigs now turning, which is being supported by an on-site assay prep lab, Banyan's 2023 program at AurMac will include expanded metallurgical,...
Banyan Gold Corp. Feb. 27 announced the analytical results from the final 57 diamond drill holes from the company's 2022 drill program at AurMac, a massive influx that further establishes the viability and prospectivity of this northern Canadian gold project. Located approximately 56 kilometers (35 miles) northeast of the village of Mayo, Banyan Gold's flagship property lies within the similarly named Mayo Mining District. Consisting of the Aurex and McQuesten projects optione...
Looking to add to the 4 million ounces of gold it has already outlined at AurMac, Banyan Gold Corp.'s 2022 drill program systematically expanded the footprint of the Powerline and Aurex Hill deposits on this road-accessible project in the Yukon. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac began 2022 with just under 1 million oz of gold in two deposits – P...
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020....
Banyan Gold Corp. Jan. 10 announced the results from the next 37 diamond drill holes received from the company's 2022 exploration program at the Powerline and Aurex Hill deposits at its AurMac property in Yukon, Canada. Located approximately 56 kilometers (35 miles) northeast of the village of Mayo and 356 kilometers (221 miles) north of Whitehorse, Banyan Gold's flagship property lies within the similarly named Mayo Mining District. Consisting of the Aurex and McQuesten...
Sitka Gold Corp. has been advancing its RC Gold project within the geologically fertile and highly prospective Tombstone Gold Belt region of Canada's Yukon. RC is an intrusion-related gold project that stands on the same playing field as other multi-million-ounce deposits within the Tombstone belt – Victoria Gold's Eagle and Olive deposits (a combined 4.7 million ounces), Golden Predators' Brewery Creek deposits (1.5 million oz), and Banyan Gold's AurMac deposits (3.99 million...
Banyan Gold Corp. Nov. 7 reported that its systematic drilling at AurMac continues to extend the gold mineralized footprint of the Powerline and Aurex Hills deposits, including an 84.4-meter intercept averaging 1.13 grams per metric ton gold in the most northeasterly hole drilled so far at Powerline. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac hosts 3.99 million...
Banyan Gold Corp. Oct. 12 reported that the latest batch of assay results shows that its 2022 drilling continues to expand gold mineralization around the Powerline deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac hosts 3.99 million ounces of gold in the inferred resource category for its three deposits – P...
Alianza Minerals Ltd. Sept. 13 announced the start of its 2022 exploration program at the Haldane Silver project in the historic Keno Hill District in Yukon, Canada. Located about 25 kilometers (16 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,579-hectare (21,200 acres) Haldane property hosts a small historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 grams per metric ton (99.7 ounces per metric ton) silver and 59%...
