The mining newspaper for Alaska and Canada's North
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Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project with significant copper-gold-silver peripheral skarn mineralization to CAVU Mining...
CAVU Energy Metals Corp. Oct. 3 announced plans to merge with Alpha Copper Corp., a mineral exploration company with two promising copper projects in British Columbia. Under the terms of the agreement, CAVU shareholders will receive 0.7 shares of Alpha for each CAVU share held, which represents a 31.3% premium for CAVU shareholders based on each company's respective 30-day volume-weighted average price. The value of the consideration was calculated as C33 cents per CAVU...
CAVU Energy Metals Corp. (previously CAVU Mining) July 11 announced the results from the first four holes drilled at its Hopper copper-gold-silver-molybdenum project in southern Yukon. A road-accessible 7,400-hectare (18,286 acres) property within the southern Dawson Range copper-gold belt, Hopper is located within the ancestral territory of the Champagne and Aishihik First Nations. Most of the previous exploration at Hopper has focused on a skarn system that is a peripheral...