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 152
Long hidden geological controls solved, shapes plans for future drilling of high-grade gold target. Seabridge Gold Inc. Feb. 14 announced the results from the 2023 drill program established a new model for the mineralization associated with the main high-grade gold target at its 3 Aces project in Yukon, Canada, giving the company a clear path forward for follow-up evaluation and resource delineation in the coming season. With the added data from 7,759 meters of core and...
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...
Beginning the year with a nearly 55% increase in gold production at its Eagle Gold mine, Victoria Gold Corp. could never have predicted nearly half a month of downtime due to ongoing wildfires that approached as close as four kilometers (2.5 miles) to its facilities. Despite this close call, gold production remained higher than in 2022 by third-quarter calculations, and exploration of its growing Raven deposit has the company prepped and ready for an updated resource...
Carrying forward a two-decade legacy of building gold resources faster than issuing shares, Seabridge Gold Inc. focused its 2023 exploration primarily on the Iskut gold-copper property in Northern British Columbia and high-grade 3 Aces project in the Yukon. Going into 2023, Seabridge had 170.8 million ounces of gold in resources and reserves, a 997% growth since 2003. Over that same span its outstanding shares have only increased by 195%. Along with this gold, Seabridge has...
In a sudden and surprising announcement, Victoria Gold Corp. Sept. 14 announced the acquisition of Sabre Gold Mines Corp.'s Yukon assets, which include the past producing Brewery Creek gold mine property held by subsidiary Golden Predator Mining Corp., as well as the Golden Dome and Grew Creek exploration properties. "With the acquisition of Sabre's Yukon assets, we are pleased to be expanding our footprint and asset base in our own backyard," said McConnell. "With our track...
Seabridge Gold Inc. May 25 announced that it is preparing for a 7,500-meter drill program at 3 Aces, a road-accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries in southeastern Yukon. 3 Aces, which hosts two of the highest-grade surface outcrops ever discovered in the Yukon, has 30 mineralized veins which have been discovered through sampling, trenching, roadwork, and drilling within its Central Core area. Seabridge, which...
The Taku River Tlingit First Nation and Canagold Resources Ltd. March 29 announced that they have entered into a historic agreement that establishes a framework for a long-term cooperative and mutually respectful working relationship between the parties in support of Canagold's efforts to advance exploration and permitting activities at the New Polaris gold project on the Tulsequah River in Northern British Columbia. "Taku River Tlingit First Nation (TRTFN) is leading the way...
First Nation seeks balance between conservation and mineral extraction in area important to the Taku River Tlingit way of life. To help preserve an intact ecosystem within the Taku River watershed, the Tak'hu River Tlingit have declared an Indigenous Protected and Conserved Area that covers roughly 18,000 square kilometers (7,000 square miles) within their traditional territory in Northern British Columbia. "Tak'hu (Taku) River Tlingit have a sacred relationship with our...
Although small, program confirmed model and sets groundwork for 2023 exploration program. Seabridge Gold Inc. Jan. 17 announced that its drilling has concluded, and assay results from the limited 2022 program have been received from the company's 3 Aces project in Yukon, Canada, which established the target parameters for the major drill program this year. Agreeing to purchase the 3 Aces project in southeastern Yukon from Golden Predator Mining Corp. in 2020, Seabridge has...
Short window, hopes to generate almost 2,000 meters of core Seabridge Gold Inc. Sept. 12 announced it has received the permits needed to carry out a drill program now underway at its 3 Aces gold project in southeastern Yukon. The Yukon Department of Energy, Mines, and Resources issued Seabridge a class 4 exploration permit, which allows the company to establish a camp and carry out field activities that include line cutting, trenching, geological mapping, geophysical surveys,...
Seabridge Gold Inc. May 24 announced that it has entered into a contribution agreement with the Liard First Nation to build positive working relations and to enable the First Nation a meaningful review and analysis of Seabridge's expected activities at the 3 Aces gold project in southeastern Yukon. "As a responsible exploration company, we are committed to building a meaningful and positive working relationship with our Indigenous partners," said Seabridge CEO Rudi Fronk. "We...
Sabre Gold Mines Corp. Jan. 18 published the results from a preliminary economic assessment that outlines a 60,000-ounce-per-year gold mining operation at its road-accessible Brewery Creek project about 35 miles (55 kilometers) east of Dawson City, Yukon. Brewery Creek is the home to a mine that produced roughly 280,000 ounces of gold over seven years of mining that began in 1996. This operation used seasonal heap leaching – a method of gold recovery that involves stacking o...
Sabre Gold Mines Corp. Dec. 14 reported that its Brewery Creek mine project in Canada's Yukon now hosts more than 1 million ounces of gold in the measured and indicated resource categories. Sabre Gold was created as the result of a merger between Golden Predator Mining Corp. and Arizona Gold Corp. that was finalized in September. At the time of the merger, Golden Predator's Brewery Creek property hosted 22.2 million metric tons of indicated leachable resource averaging 1.11...
With overwhelming shareholder approval, Golden Predator Mining Corp. and Arizona Gold Corp. have merged to form Sabre Gold Mines Corp., a North American junior mining company with two projects in the development pipeline that have a combined 1.1 million ounces of gold in the measured and indicated resource categories, 1.5 million oz in the inferred category, and exploration upside. Golden Predator's primary contribution to Sabre is Brewery Creek, a former Yukon gold mine that...
Strategic Metals Ltd. Aug. 6 announced significant tin mineralization in samples collected at its Oli and Bix critical mineral projects in the prolific Tombstone-McQuesten mineral belt of central Yukon. Hardrock deposits in the Tombstone-McQuesten belt include Alexco Resource Corp.'s Keno Hill silver-lead-zinc mines; Victoria Gold Corp.'s Eagle gold mine and Mar tungsten deposit; Banyan Gold Corp.'s AurMac gold deposit; and Golden Predator Mining Corp.'s Brewery Creek gold...
Less than two months after ending its plans to merge with Viva Gold Corp., Golden Predator Mining Corp. has cut a deal to join forces with another junior advancing a gold mine in America's Southwest. In a deal announced on June 28, Golden Predator plans to merge with Arizona Gold Corp. to create Sabre Gold Corp., an emerging North American gold producer with the fully permitted Copperstone gold mine in Arizona and the past-producing Brewery Creek gold mine in Canada's Yukon....
Seabridge Gold Inc. June 15 reported that a contractor at its recently acquired 3 Aces gold project in Canada's Yukon tested positive for COVID-19 when the company conducted a rapid antigen shortly after the person's arrival to carry out preliminary work at the project. Three other individuals who came into close contact with this individual have all tested negative for COVID-19 following the completion of rapid antigen tests by Seabridge. All four individuals are in...
Golden Predator Mining Corp. May 3 announced the termination of an agreement to acquire Viva Gold Corp., a junior exploration company advancing the Tonopah gold property in Nevada. Under an agreement announced in early March, Golden Predator would have acquired all Viva shares by issuing 1.6 shares in exchange for each Viva share. This transaction would have brought two near-development gold projects – Tonopah and Golden Predator's Brewery Creek mine project in the Yukon ...
Tr'ondëk Hwëch'in First Nation has submitted letters to the Yukon Water Board and the Yukon Environmental and Socio-economic Assessment Board in support of the timely renewal of the water and quartz mining licenses needed for mining at Golden Predator Mining Corp.'s Brewery Creek gold mine in the Yukon. A road-accessible project about 35 miles (55 kilometers) east of Dawson City, Brewery Creek is the home to a mine that produced roughly 280,000 ounces of gold over seven y...
Golden Predator Mining Corp. April 1 said it has submitted applications to renew the water use and quartz mining licenses for its Brewery Creek gold mine project in the Yukon. A road-accessible project about 35 miles (55 kilometers) east of Dawson City, Brewery Creek is the home to a mine that produced roughly 280,000 ounces of gold over seven years of mining that began in 1996. This operation used seasonal heap leaching – a method of gold recovery that involves stacking o...
Golden Predator Mining Corp. and Viva Gold Corp. have agreed to a merger that will bring two advanced stage gold mine projects – Brewery Creek in the Yukon and Tonopah in Nevada – under one roof. "This transaction brings together all of the key ingredients required to build a premier junior gold producer – two advanced stage gold development projects ready for permitting and development, exploration upside, excellent mining jurisdictions, strong management skillsets, a solid...
One of few mineral explorers active in Yukon Territory during the mining industry's 2020 beleaguered field season recently reported encouraging results that give credence to the idea that a new gold camp may be on the verge of emerging in Canada's North. Stratabound Minerals Corp. completed a late-season exploration program last year on its 84-square-kilometer (32.4 square miles) Golden Culvert property, along a 24 kilometer- (15 miles) long mineralized trend in Southeastern...
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...
Golden Predator Mining Corp. Jan. 25 reported that all of the first 16 holes reported from the 2020 drill program at its Brewery Creek mine project in the Yukon cut significant thicknesses of gold mineralization. According to a calculation published in August, Brewery Creek hosts 22.2 million metric tons of indicated leachable resource averaging 1.11 grams per metric ton (789,000 ounces) gold, plus 16.8 million metric tons of inferred leachable resource at 0.92 g/t (497,000 oz...
Successfully incorporating the recently expanded, higher grade Iron Cap gold-copper deposit into the mine plan for the already enormous KSM project in British Columbia, Seabridge Gold Inc. shifted its focus to other endeavors, including the acquisition of gold-rich properties in BC and the Yukon. An updated preliminary economic assessment for KSM envisions a combined open pit and underground block cave mining operation feeding a 170,000-metric-ton-per-day mill that would...
