The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 89
Company expands exploration area to advance copper-gold porphyry discovery. Yukon Metals Corp. Nov. 14 announced the successful staking of additional claims surrounding its Birch property in Yukon, more than doubling the project area from 2,285 hectares to 7,008 hectares in pursuit of a major porphyry and skarn copper-gold discovery. In late May, Yukon Metals acquired a substantial portfolio of properties from the Berdahl family's private prospecting company, 18526 Yukon Inc....
Sampling uncovers gold and copper enriched skarn at Birch project, mapping and geophysics will enable strategic drilling for 2025. Yukon Metals Corp. Oct. 16 announced the latest results from its ongoing exploration program at the Birch project in Yukon, with impressive values of copper and gold, including rock-chip samples returning up to 2.42% copper and 6.64 grams per metric ton gold. In June, Yukon Metals solidified its position in Canada's westernmost territory by...
The Teck-funded C$18.7 million program is focused on collecting the data needed to finalize prefeasibility study for Northern BC copper mine. Copper Fox Metals Inc. Sept. 24 reported that Teck Resources Ltd. has completed the 2024 field program at the Schaft Creek copper-gold-silver-molybdenum project in Northern British Columbia. Being advanced under a joint venture between Teck (75%) and Copper Fox (25%), Schaft Creek hosts a large porphyry deposit containing 1.35 billion...
Recent sampling reveals impressive high-grade gold and more impressive silver values, signaling significant mineralization potential at Star River. Yukon Metals Corp. Oct. 1 announced that samples with up to 85 grams per metric ton gold and 1,616 g/t silver were collected from multiple areas at its Star River Project in Yukon, Canada. In June, Yukon Metals solidified its position by acquiring an approximately 18,000-hectare (44,480 acres) portfolio of mineral exploration...
Confirms copper and gold mineralization over a 1,400-meter anomaly on property acquired from the Berdahl family. Yukon Metals Corp. Sept. 3 announced promising results from its initial exploration of the Birch gold-copper project in Yukon, identifying a large copper and gold mineralized system that spans over 1,400 meters and shows potential for economic grades. "We are excited about these first pass results that have clearly identified a copper and gold mineralized system...
New mineral exploration company's initial fieldwork uncovers promising mineralized outcroppings at silver project. Yukon Metals Corp. July 17 announced the start of reconnaissance fieldwork at its recently acquired Star River project in Yukon, Canada, where initial exploration has already located new mineralized outcroppings and identified promising areas of interest previously unmapped. Acquiring a substantial portfolio of properties in late May from the Berdahl family's...
$18.7 million Teck-funded program at Northern B.C. copper project includes camp upgrades, engineering work, and environmental studies. Copper Fox Metals Inc. June 17 reported that a C$18.7 million (US$13.6 million) program funded and operated by Teck Resources Ltd. is in progress at the Schaft Creek copper-gold-molybdenum-silver project in Northern British Columbia. "The 2024 program is underway and will position the Schaft Creek project to progress toward the start of the...
Eager to expand on 18.2 million oz maiden resource announced earlier this year. Metallic Minerals Corp. June 13 announced the start of the 2024 exploration program at both its Keno Silver project in the Yukon and the La Plata copper-silver-gold-platinum group elements project in southwest Colorado. Metallic's properties in the Yukon's historic Keno Hill Silver District cover 171 square kilometers (66 square miles) of promising targets adjacent to Hecla Mining Company's Keno...
Combined inferred resource between underground and in-pit total 18.2 Moz silver-equivalent. Metallic Minerals Corp. Feb. 26 announced an inaugural mineral resource estimate for its Keno Silver project in the iconic Keno Silver District in Canada's Yukon, culminating in 18.16 million ounces of contained silver-equivalent. Consisting of 171 square kilometers (66 square miles) within the historic Keno Hill Silver District, Metallic Minerals holds 100% of this promising target...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens...
Teck Resources Ltd. went into 2023 with a strategy to better position for the energy transition by spinning its steelmaking coal unit into the newly formed Elk Valley Resources, and advancing its copper- and zinc-forward metals assets under a rebranded Teck Metals Ltd. This proposed reorganization, however, was stymied by an aggressive takeover bid by Glencore that wanted to incorporate Teck's coal and metals assets into its own reorganization plans. While Teck fended off...
Tahltan Nation's business arm has partnered with Solvest to install solar systems at mining project in Tahltan Territory. With the goal of advancing clean energy in Northern British Columbia and adding to its business endeavors, Tahltan Nation Development Corp. has partnered with Solvest to identify and develop renewable solar power solutions that reduce diesel consumption and carbon emissions within the traditional territory of the Tahltan First Nation. "We are excited to...
The North of 60 Mining area hosts billions of pounds of copper ready to be delivered to a world craving this metal in sky-high demand for wiring the electric vehicles and renewable energy infrastructure that would enable the envisioned low-carbon future. Whether enough of these copper-rich projects are developed in time to circumvent a short circuit of the clean energy transition remains to be seen. Global Market analysts such as S&P Global have predicted that copper...
Copper Fox Metals Inc. March 2 outlined a C$17.2 million (US$12.5 million) program for its Schaft Creek copper-gold-molybdenum-silver project in Northern British Columbia that will include 9,000 meters of geotechnical and metallurgical drilling, along with environmental baseline studies and engagement with the Tahltan First Nation. "The emphasis in 2023 will be to advance the Schaft Creek project by augmenting the metallurgical, geotechnical, and environmental data while align...
British Columbia's Golden Triangle is poised for a mining boom that raises the bar when it comes to achieving the higher environmental, social, and guidance expectations for companies that produce the gold, silver, copper, and other metals the world needs and wants. While this mineral district in BC's northwest corner is famed for its rich stores of copper, gold, and silver – and to a lesser degree, nickel, cobalt, platinum group metals, and other critical minerals – the ESG...
The global transition to renewable energy is demanding enormous quantities of copper and zinc, two metals that are a specialty of Teck Resources Ltd. To help leverage its global portfolio to help fill the growing demand for copper, Teck launched Project Satellite in 2017. This initiative focused primarily on five copper assets in the Americas, including the Galore Creek and Schaft Creek projects in Northern British Columbia. According to a 2018 calculation, Galore Creek hosts...
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....
Copper Fox Metals Inc. Jan. 18 reported that initial assays from the 2022 drill program at Schaft Creek extend near-surface higher-grade zones with the large porphyry copper-gold deposit at this mine project in Northern British Columbia. Being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%), Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric to...
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the...
Copper Fox Metals Inc. April 19 reported plans to carry out 5,000 meters of drilling this summer at the Schaft Creek copper-gold-molybdenum-silver project in British Columbia's Golden Triangle. Being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%), Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric ton (7 million ounces) gold, 1.25 g/t (54.3...
Copper Fox Metals Inc. March 7 reported that the 2021 metallurgical drilling carried out at Schaft Creek cut both bulk tonnage and higher-grade mineralization at this large porphyry copper-gold-molybdenum project in British Columbia's Golden Triangle. "The drilling intersected several near surface higher-grade intervals of mineralization and has confirmed continuity and grade of the mineralization between existing drill holes and provides additional confidence in the geologica...
A preliminary economic assessment prepared for Copper Fox Metals Inc. outlines a slightly new vision for developing a mine at Schaft Creek, a large copper-gold-silver-molybdenum project being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Located within the traditional territory of the Tahltan First Nation in northwestern British Columbia, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26%...
Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold deposits in and around the capital city of Yellowknife and other hot spots after the pandemic-related restrictions of 2020, juniors joined longtime explorers Nighthawk Gold Corp. and Gold Terra Resource Corp. (formerly TerraX Minerals) in hunting for the yellow metal across the 1.14...
Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,...
While much of Teck Resources Ltd.'s investment and focus during 2021 was on the implementation of its long-term sustainability strategy, the British Columbia-based miner continued to carry out exploration behind the scenes. In Alaska, Teck operates the Red Dog zinc mine on lands owned by NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the Northwest Arctic region where the world-class operation is located. This operation, which produces...