The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 33
One hole cuts half meter of 701 g/t gold within 48 meters of 8.85 g/t gold at Northern BC project. Dolly Varden Silver Corp. Nov. 4 announced that holes infilling a wide gap between previous drilling at the Homestake Silver deposit have cut broad sections of high-grade gold mineralization in this deposit at the north end of the company's Kitsault Valley project in Northern British Columbia. "The identification of a gold-rich, wide and high-grade area within the Homestake...
First batch of 2024 assays demonstrate resource potential at two silver exploration targets. Dolly Varden Silver Corp. June 19 announced that this year's drilling has cut high-grade silver mineralization at the Moose and Chance veins, the northernmost targets on the Dolly Varden end of its Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) south of Stewart, B.C., Kitsault Valley is a 63-square-mile (163 square kilometers) land package...
Dolly Varden Silver Corp. Jan. 16 reported that its 2023 drilling has significantly expanded the high-grade mineralization at the Homestake Silver deposit toward the north end of the company's Kitsault Valley project at the southern tip of British Columbia's Golden Triangle. Lying about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent...
Following the acquisition of Alexco Resource Corp. at the end of 2022, Hecla Mining Company has continued to expand its portfolio of gold and silver properties in Canada's Yukon. With the Keno Hill Silver District mine project that came with the buyout of Alexco, Hecla's silver reserves soared to above 240 million ounces of silver, the highest in the company's 132-year history. "Hecla's silver reserves are at an all-time high," said Hecla Mining CEO Phillips Baker, Jr. This...
Dolly Varden Silver Corp. Oct. 30 announced that Hecla Mining Company is investing C$10 million (US$7.2 million) in the Northern British Columbia-focused precious metals exploration company. Hecla, which has long held a stake in Dolly Varden, has agreed to acquire 15.38 million shares of the company at C65 cents each. As a result, Hecla's will own a 15.7% interest in Dolly Varden, a significant increase from its prior 10.6% interest. In connection with the Hecla investment,...
Latest round of results from the 51,454-meter drill program carried out at Kitsault Valley this year. Dolly Varden Silver Corp. Nov. 6 reported additional high-grade silver intercepts at Wolf, the northernmost of the deposits on the Dolly Varden end of its Kitsault Valley project, and similar silver mineralization in discovery drilling at Moose Vein, which lies about 1,500 meters further north. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the...
Dolly Varden Silver Corp. Sept. 11 reported that drilling continues to extend high-grade silver mineralization at the Wolf vein on the company's Kitsault Valley gold-silver project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project, and the adjacent Homestake Ridge gold-silver project the company acquired from...
Dolly Varden Silver Corp. Aug. 8 reported that the first batch of assays from its 2023 drill program at Kitsault Valley has further extended silver mineralization on this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project, and the adjacent Homestake Ridge gold-silver project the...
To follow up on the success of its 2022 exploration at Kitsault Valley, Dolly Varden Silver Corp. is mobilizing five rigs to complete up to 45,000 meters of resource expansion and exploration drilling across this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent Homest...
Dolly Varden Silver Corp. Jan. 6 reported the highest-grade silver ever drilled on the Dolly Varden target at the end of its Kitsault Valley project in Northern British Columbia. Kitsault Valley, which lies about 40 kilometers (25 miles) southeast of Stewart, BC, is an amalgamation of Dolly Varden's namesake project and the adjacent Homestake Ridge gold-silver project the company acquired from Fury Gold Mines Ltd. in 2022. Four deposits associated with past producing mines at...
Dolly Varden Silver Corp. Jan. 30 reported another round of exceptional assays from the 2022 drill program at the Homestake gold-silver deposits at the north end of the company's Kitsault Valley project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent Homestake Ridge gold-silver project the...
With C$26 million (US$20 million) in its treasury following the closing of a C$13 million (US$10 million) financing backed by Eric Sprott and Hecla Mining Company, Dolly Varden Silver Corp. launched a 37,061-meter drill program at its Kitsault Valley silver-gold project in Northern British Columbia. "With strategic and technical input from our supportive corporate shareholder, Hecla Mining, it is our goal to make new silver and gold discoveries as well as to dramatically grow...
Dolly Varden Silver Corp. Nov. 29 reported exceptional gold intercepts during resource upgrade and expansion drilling of the Homestake gold-silver deposits on its Kitsault Valley project in Northern British Columbia. This marks the first assays from drilling at Homestake Ridge since Dolly Varden acquired the property from Fury Gold Mines Ltd. in February. Dolly Varden merged the adjoining properties into a single project that it named Kitsault Valley. Lying immediately north...
Dolly Varden Silver Corp. Nov. 21 reported that drills have cut high-grade silver that significantly extends the mineralization at the Wolf Vein on the company's Kitsault Valley project in Northern British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake silver project and the adjacent Homestake Ridge gold-silver project the company...
Dolly Varden Silver Corp. Nov. 7 reported that its 2022 drilling cut strong silver mineralization at Torbrit, the largest of three deposits that host the high-grade resource at the Dolly Varden at the end of the company's Kitsault Valley silver-gold project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake silver project...
Dolly Varden Silver Corp. Sept. 13 reported that this year's drilling has encountered significant silver mineralization in an extension of Wolf Vein, prompting the company to focus the rest of its 2022 program on continued step-out drilling at this northernmost deposit on the Dolly Varden side of the company's Kitsault Valley project in British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley...
Dolly Varden Silver Corp. Aug. 10 announced that drilling has cut a wide section of high-grade silver mineralization outside the resource area of the Kitsol Vein near the historic Torbrit Mine on the company's Kitsault Valley project in British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of the Dolly Varden silver project and the adjacent Homestake Ridge...
Dolly Varden Silver Corp. May 17 announced that crews are gearing up for an initial 30,000-meter drill program that will focus on upgrading and expanding the resources at Dolly Varden and Homestake Ridge, as well as explore for more gold and silver mineralization between these deposits on the company's Kitsault Valley project in Northern British Columbia. Located about 25 miles (40 kilometers) southeast of the mining town of Stewart, BC, the 63-square mile (163 square kilomete...
Fury Gold Mines Ltd. Feb. 16 reported results from four holes drilled at Raven, an exploration target about 30 miles (50 kilometers) west of the Three Bluffs gold deposit on the company's Committee Bay project in Nunavut. The 270,000-hectare (667,000 acres) Committee Bay property covers a gold enriched greenstone belt that extends for roughly 300 kilometers (180 miles) across Nunavut's Kitikmeot region. Three Bluffs, the most advanced target at Committee Bay, lies at the...
Dolly Varden Silver Corp. Jan. 31 reported wide sections of silver mineralization from the 2021 drilling of several zones that make up Torbrit, the largest of the four deposits on the Dolly Varden property south of Stewart, British Columbia. The roughly 21,745-acre (8,800 hectares) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades, beginning in 1919. Four deposits associated with these past-producing mines...
Mineral exploration activity in Nunavut intensified in 2021 as mining companies mounted larger and more extensive programs in response to stronger capital markets, government infrastructure initiatives, and the easing of restrictions imposed to curb effects of the ongoing Covid-19 pandemic. Spanning 2 million square kilometers (about 782,000 square miles), the territory has 25 communities and about 39,353 residents, of whom 84% are Inuit. Nunavut has no roads, and all but one...
Building on the success of its 2020 program, Dolly Varden Silver Corp. carried out a 10,506-meter drill program that focused largely on Torbrit, the largest and most advanced deposit on the company's namesake property south of Stewart, British Columbia. The biggest news of the year, however, was the December announcement that Dolly Varden agreed to acquire Fury Gold Mines Ltd.'s Homestake Ridge gold-silver project for roughly C$50 million. Lying along the northwest side of...
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,...
Dolly Varden Silver Corp. Dec. 20 said high-grade silver encountered during drilling at the Wolf deposit provides another encouraging sign that strong mineralization continues north from the high-grade deposits on its namesake property onto the Homestake Ridge property it is acquiring from Fury Gold Mines Ltd. Situated 46 kilometers (29 miles) southeast of Stewart, the Dolly Varden property covers four historic high-grade silver mines – Torbrit, Dolly Varden, Wolf, and N...
In a deal that will consolidate two advanced mineral exploration properties in the Kitsault Valley area south of Stewart, British Columbia, Dolly Varden Silver Corp. has agreed to acquire Fury Gold Mines Ltd.'s Homestake Ridge gold-silver project for roughly C$50 million. "The decision to vend Homestake is a difficult one given the exploration upside and our positive outlook for the commodity markets," said Fury Gold Mines Chair Ivan Bebek. "However, we feel that bringing the...
