The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 152
Golden Predator Mining Corp. Sept. 14 reported the completion of a tightly spaced rotary air blast drill program confirming gold mineralization in advance of bulk sampling from the Sleeping Giant Vein at the 3 Aces Project in eastern Yukon Territory. Highlights from the near-surface mineralization encountered include 9.73 ounces per metric ton gold in hole 3ARAB15-11; 6.84 oz/t gold in hole 3ARAB15-05; and 4.64 oz/t gold in hole 3ARAB15-13. A total of 13 holes totaling 45.73...
The unseasonably, interminably, unspeakably cold spring that is delaying mineral exploration and development work in Alaska this year is being mimicked by a financial chill that is affecting Alaska exploration efforts just like it is the rest of the world. Not to put too fine a point on it, but from a mineral exploration standpoint, Alaska is shaping up to be as dead as a doornail this summer (ever wonder where that saying came from ... but I digress.). How dead? Try this statistic on for size: Of the 49 exploration projects...
Golden Predator Mining Corp. June 20 posted the results from a 31-hole reverse circulation drill program testing the Sleeping Giant zone at its 3 Aces gold project in southeastern Yukon. Highlights from the program include: 6.4 meters grading 13.8 grams per metric ton gold from a depth of 22.55 meters in hole 3A16-RC003; 2.28 meters grading 96.78 g/t gold from a depth of 3.51 meters in hole 3A16-RC007; 11.43 meters grading 31.89 meters from a depth of 12.8 meters in hole...
Golden Predator Mining Corp. June 16 said it has returned 10,312,154 of the company's common shares to the treasury. Following this cancellation, a total of 53,501,201 shares remain issued and outstanding. The cancelled shares represent 16.2 percent of the issued shares of the company prior to the cancellation. As a result of the retirement of these shares, McEwen Mining Inc. became an insider of Golden Predator. In May, McEwen Mining invested C$500,000 to acquire 3.125...
Golden Predator Mining Corp. June 6 provided an update from the processing of an initial 750-ton bulk sample collected from its 3 Aces gold project in eastern Yukon Territory. Through June 3, 110.7 troy ounces of a gold concentrate have been recovered from 66.65 dry metric tons of sample material processed. This concentrate is estimated to contain 85.9 percent gold; 8.1 percent silver and 6 percent waste. Final analysis will be announced when the material is refined. The gold...
Golden Predator Mining Corp. March 31 said it has collected 750 tons of gold-quartz vein material from the Sleeping Giant vein at its 3 Aces project in the Yukon Territory. Identifying visible gold mineralization in the lowest bench of the bulk sample program, the company has initiated a reverse circulation drill program to test the expansion of this high-grade gold to depth and along strike. The Sleeping Giant zone, which can be accessed via an exploration dirt road from the...
Golden Predator Mining Corp. March 7 reported that it collected roughly 550 tons of gold-quartz vein material from the Sleeping Giant zone of its 3 Aces project in eastern Yukon Territory and the bulk sampling program continues. This sampling began in mid-February and is expected to conclude by the end of March 2016. Golden Predator originally targeted 550 tons of material, but after noting good vein continuity with visible gold within the down-dip continuation of the vein,...
Golden Predator Mining Corp. Jan. 25 reported results from preliminary testing in advance of a bulk sampling program expected to begin later in the first quarter at its 3 Aces gold project in southern Yukon Territory. The company said a conventional gravity facility has recovered 90.8 percent of the gold from a 108-kilogram (238 pounds) composite rock sample from the property. A second sample consisting of 61.5 kilograms (135.6 pounds) of material composited from rejects from...
Golden Predator Mining Corp. Sept. 14 reported the completion of a tightly spaced rotary air blast drill program confirming gold mineralization in advance of bulk sampling from the Sleeping Giant Vein at the 3 Aces Project in eastern Yukon Territory. Highlights from the near-surface mineralization encountered include 9.73 ounces per metric ton gold in hole 3ARAB15-11; 6.84 oz/t gold in hole 3ARAB15-05; and 4.64 oz/t gold in hole 3ARAB15-13. A total of 13 holes totaling 45.73...
Golden Predator Mining Corp. Sept. 2 announced that previous Directors Dennis Fentie and Greg Hayes have rejoined the company's board. In addition, the Janet Lee-Sheriff has returned as Golden Predator's CEO and Greg Hayes as acting chief financial officer. In August, the entire Golden Predator management team and five of its directors left the company. The resignations follow a notice that Till Capital Ltd. intends to nominate and vote for a slate of existing Till Capital dir...
Golden Predator Mining Corp. Aug. 21 reported the resignation all of its officers and five of its directors. The resignations follow a notice that Till Capital Ltd. intends to nominate and vote for a slate of existing Till Capital directors to the Golden Predator board at the company's annual general meeting. Till Capital, a Bermuda-domiciled insurance company, holds 58.9 percent of Golden Predator' issued and outstanding shares under its subsidiary, Resource Re Ltd. The...
Golden Predator Mining Corp. June 22 said it has received the necessary permit to continue exploration and conduct bulk sampling at the 3 Aces high-grade gold project in western Yukon Territory. The bulk sample program is designed to acquire up to 2,000 cubic meters of gold bearing quartz vein material from the Sleeping Giant zone. The material will be processed at an off-site to further advance the understanding of the distribution of the coarse gold particles and provide...
Golden Predator Mining Corp. March 16 reported the finalization of a joint venture and option agreement with Minquest Ltd. - an Australia-based exploration company formerly known as Merah Resources - for the Marg volcanic associated massive sulfide deposit in the Yukon Territory. Accessible via a 40-kilometer (25 miles) winter road from the town of Keno, Marg contains an indicated resource of 1.72 million metric tons grading 1.97 percent copper, 4.59 percent zinc, 2.4 percent...
In 2014, many junior exploration companies work to preserve capital by undertaking modest exploration programs. The injection of funding into the Yukon Mineral Exploration Program continues to be a valuable source of seed money for prospectors and juniors. The Government of Yukon increased its 2014 program funding to C$1.4 million from C$1.17 million in 2013. Forty-eight placer and hardrock exploration projects received funding in 2014. The program also has increased its limits from C$35,000 to C$50,000 matching dollars per...
Striving to mix up a batch of lemonade from the unrelenting string of lemons dished out recently by the chronically depressed capital markets, three junior mining companies with promising assets in Yukon Territory are joining forces to protect those interests and pave the way for continued exploration. Redtail Metals Corp. and Northern Tiger Resources Inc. are merging their interests and acquire the Yukon assets of Americas Bullion Royalty Corp. (formerly Golden Predator Corp.) in a multifaceted transaction that will produce...
5 brought unprecedented engagement of First Nations in mining industry activities in Yukon Territory. While tight financial markets appeared to slow the pace of mining exploration, efforts of mining companies, local and territorial governments and others to advance and/or initiate various cooperative agreements with the 11 self-governing aboriginal groups with traditional territories in the Yukon seemed to intensify. Adding to a significant roster of existing agreements, mining companies forged new pacts with a number of...
Mining continues to be a cornerstone of Yukon's economy, with extraordinary mineral deposits, including both precious and non-precious metals. The Government of Yukon is committed to providing an internationally competitive investment climate. To this end, we continue to provide regulatory certainty around environmental assessment, permitting and licensing of projects. Yukon's exploration and mining industries are settling in for the long term. After a record-breaking year for claim staking and exploration spending in 2011,...
While the frenzy of activity that engulfed the Yukon Territory in 2011 did not re-emerge this season, scores of players, from upstart juniors to global mining firms mounted impressive mineral exploration campaigns throughout the territory. Gold was the primary metal sought in the Yukon in 2012, but some explorers chased silver, copper, zinc-lead, iron and other minerals. Based on the spending plans of mining companies in March, Natural Resources Canada projected C$285 million planned spending across the Yukon, a decrease of...
GPD: TSX-V Chairman and CEO: William M. Sheriff, B.Sc. President: John Legg, B.A., LLB Chief Operating Officer: Michael G. Maslowski Golden Predator Corp. focused the lion's share of its efforts in 2012 on its flagship Brewery Creek Project near Dawson City in central Yukon Territory, ratcheting down from much larger and more diverse exploration programs in 2010 and 2011 due to dismal market conditions. Though Golden Predator controls more than 1 million acres of mining claims in the Yukon - down from 1.2 million acres...
Location, location, location," the old adage goes, summing up the opportunities and challenges faced by the real estate industry. Well, "infrastructure, infrastructure, infrastructure," can offer the same insights into the problems of modern mining in remote jurisdictions like Yukon Territory. The relative scarcity of roads, bridges, airports, power and other infrastructure in the Yukon is critical to the outlook for mining, and in many cases, the presence or lack of these important components can spell the difference between...
DAWSON, Yukon - The 3rd Annual Dawson Rocks conference, an annual exposition for active mineral exploration projects in Yukon Territory, offered a sobering reminder of the power of the markets in the world of mining. Absent were the scores of juniors that packed much larger exhibition halls in 2010 and 2011 with enticing displays of samples, maps and drill core. This year a dozen exhibitors, ranging from part-time, grassroots prospectors to representatives of advanced exploration projects like Kaminak Gold Corp.'s Coffee...
For the past 18 months, Golden Predator Corp. has been working fast and furiously to get a handle on the gold resource it has steadily uncovered at its flagship Brewery Creek Project located about 55 kilometers (34 miles) east of Dawson City in central Yukon Territory. On Dec. 1, the aggressive junior reported that it was working toward a near-term production decision even as increasingly impressive 2011 drill results continued to surface. Six months later, Golden Predator Chairman and CEO William M. Sheriff, M.Sc., is busy...
It is still early days in the exploration play for gold in eastern Yukon Territory, but a score of companies got a jump on competitors in 2011 by targeting promising occurrences of gold and pathfinder elements in a frenzy of unprecedented claim staking and reconnaissance. The early explorers rushed to the region following a report by Atac Resources Ltd. in September 2010 that it discovered unusual mineralization in the rocky eastern ridges of its 1,600-square-kilometer (618 square miles) Rackla Project. Atac posted high-grade...
As cold weather wraps up the 2011 field season, mining in Yukon Territory appears to be getting hotter, with exploration and development activities throughout the year living up to all of the pre-season hype and then some. Early in the year, explorers laid the groundwork for grassroots exploration seemingly in every corner of the territory. No sooner than the meeting rooms emptied at Roundup in Vancouver in late January, than a frenzy of claim staking erupted in the Yukon. Golden Predator Corp. snatched up all of the...
A second wave of mining exploration swept across Yukon Territory in 2011, bringing with it new mineral discoveries, record employment and myriad other changes, large and small. Roughly 100 companies, including a score of newcomers, mounted an array of mineral exploration programs with most of them stalking gold and silver deposits. Some came away with early success and excitement about their results, while others sifted the tea leaves, looking for clearer signs of the elusive mineralization they seek. "The impact of this...
