The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 152
Golden Predator Mining Corp. May 13 announces that it has resumed the processing of bulk sample material from 3 Aces, a high-grade gold project in southeastern Yukon. The company systematically excavated roughly 9,800 metric tons of material in 2018 from a series of two-meter benches in the Spades Zone at 3 Aces. Though Golden Predator has completed tightly spaced drilling at the Spades zone, the company says bulk sampling has exposed previously unknown vein orientations and...
Golden Predator Mining Corp. April 30 announced an agreement with Franco Nevada Corp. to eliminate the net smelter royalty on the gold recovered from a future mine at Golden Predator's Brewery Creek mine project about 55 kilometers (34 miles) east of Dawson City. Brewery Creek is the site of a former mine where Viceroy Resource Corp. produced 280,000 ounces of gold from 1996 to 2002. This operation used a heap leaping – a method of gold recovery that involves staking ore in a...
Golden Predator Mining Corp. Feb. 11 reported that it recovered 365 troy ounces of gold and 34 oz of silver from roughly 600 metric tons of bulk sample processed during the fourth quarter from the company's 3 Aces project in southeastern Yukon. This sampling represents about 6 percent of the 9,800 metric tons of bulk sample material stockpiled during the 2018 season. Two concentrates were produced from the material ran through the on-site gravity recovery plant. The No. 1...
Golden Predator Mining Corp. Jan. 21 reported that its 2018 drill program in the central core area of the 3 Aces Project in southeast Yukon confirm that the high-grade gold structures outcropping at Hearts Zone extend to depth. All seven holes drilled at Hearts Zone cut the structures where they were expected – 200 and 500 meters down-dip from the discovery outcrop – intersecting localized high-grade gold mineralization within larger lower grade envelopes. The company sai...
Gold explorers are rushing to several regions of Yukon Territory, particularly areas where significant discoveries of the precious metal have been reported in recent years. But only a few lucky companies could advance gold projects in Southeast Yukon during the 2018 field season. The reason: A large swath of the mineral-rich Tintina Gold Belt – favorable geological terrain that sweeps northward through Yukon in a boomerang-shaped arc to Alaska from British Columbia – is off...
Golden Predator Mining Corp. Nov. 19 reported that this year's drilling has discovered an important new style of disseminated gold mineralization in the Sprogge area of the company's 3 Aces project in southeast Yukon. The 27 shallow holes drilled at Sprogge this year tested six separate zones within large gold- and arsenic-in-soil geochemical anomalies along stratigraphic contacts and structures exposed at the surface. The intrusive-hosted mineralization discovered by this...
Golden Predator Mining Corp. Sept. 18 reported that its summer drill program at Brewery Creek has expanded gold mineralization around five zones at this producing gold mine about 55 kilometers (34 miles) east of Dawson City, Yukon. This year's 22-hole drill program at Brewery Creek had two objectives – collect material for metallurgical testing to assess the viability of continuous vat leaching; and exploration drilling to extend known zones of gold mineralization through t...
Golden Predator Mining Corp. July 26 reported that a 2,500-meter drill program is underway in the Sprogge area of the company's 3 Aces gold project in southeastern Yukon. Sprogge, situated immediately southeast of the original 3 Aces property, was acquired by Golden Predator late in 2017. The Sprogge property blankets favorable structural-stratigraphic contacts similar to those that host the high-grade gold occurrences Golden Predator has outlined in the core zone at 3 Aces. T...
Golden Predator Mining Corp. July 11 said it has begun a 1,500-meter drill program at Brewery Creek to evaluate the suitability of continuous vat leaching for gold recovery and to expand the resource at this past-producing gold mine about 55 kilometers (34 miles) east of Dawson City, Yukon. A 2014 preliminary economic assessment outlined plans for a heap-leach operation at Brewery Creek that would produce an estimated 372,000 ounces of gold over a nine-year span. This includes...
Golden Predator Mining Corp. June 21 named globally recognized geological experts Richard Goldfarb, Lance Miller, Craig Hart and Bill Threlkeld to the company's newly formed exploration management council. These founding members bring vast experience in the geology of the Northern Cordillera – a metals rich volcanic province that extends through British Columbia, Yukon and Alaska – to the council. This council will assist Golden Predator management and field staff in rev...
Golden Predator Mining Corp. June 14 said it will be testing for high-grade gold across the wider 3 Aces project with a 2,500-meter drill program at the Sprogge area of this 357-square-kilometer (138 squares miles property in southeast Yukon. Late in 2017, Golden Predator cut deals with Alexco Exploration Canada Corp. and Newmont Canada Corp. to buy full ownership of Sprogge, a large gold property immediately southeast of the original 3 Aces property. Golden Predator said...
Golden Predator Mining Corp. and Yukon Mint, a Golden Predator subsidiary, May 30 unveiled the First Yukon Mint .9999 gold coin at an event in Toronto, Ontario. Yukon Mint gold coins will be part of a limited annual series of First Nation art selected through design contests on the obverse side and an iconic image of Klondike Gold Rush on the reverse. The First Yukon Mint coin features the work of Kaska Nation artist Miranda Lane, a self-taught artist and spiritual intuitive....
Golden Predator Mining Corp. Feb. 13 announced the completion of an C$8.38 million overnight marketed offering, a financing that will help fund continued ongoing exploration at the company's 3 Aces gold project in southeastern Yukon. As part of the financing, Golden Predator issued 9.21 million flow-through units at a price of C91 cents per flow-through unit. Each unit consists of one Class A common share and half of a purchase warrant, with each full warrant exercisable into...
Golden Predator Mining Corp. Jan. 16 reported results from 43 “grade control” holes drilled at its 3 Aces project in southeast Yukon, including the highest grade gold encountered with drills on the property. These holes were designed to investigate close-space variability in three different areas of the project’s Spades zone to prepare for resource delineation drilling across the central core area – a 13.5-square-kilometer (5.2 square miles) section of the 3 Aces property that hosts several high-grade gold zones – later this...
Golden Predator Mining Corp. Jan. 10 said results from 42 reverse circulation holes drilled last year continue to confirm high-grade gold mineralization and near surface bulk tonnage type mineralization at the Diamonds, Clubs and Lower Hearts zones on the company's 3 Aces Project in southeastern Yukon. Highlighted intercepts from these holes include 2.29 meters of 35.72 grams per metric ton gold from a depth of 5.33 meters in hole 3A17-287, drilled in the Lower Hearts zone;...
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest...
Golden Predator Mining Corp. kicked off 2018 with results from 43 "grade control" holes drilled at its 3 Aces project in southeast Yukon, including the highest-grade gold intersection drilled on the property. Highlights include: 13.72 meters of 43.02 grams per metric ton gold from a depth of 1.52 meters in hole 3A17-220, including 0.76 meters of 550 g/t (17.7 ounces per metric ton) gold; 9.15 meters of 41.03 g/t gold from a depth of 0.76 meters in 3A17-230, including 0.76...
Golden Predator Mining Corp. March 5 announced the start of a 4,000-meter winter drill program at its 3 Aces gold project in southeastern Yukon. The winter drilling will initially focus on stepping-out with wide-spaced drilling within the central core zone, a 13.5-square-kilometer (3,335 acres) area of the 3 Aces property that hosts multiple high-grade gold vein occurrences. This wide-spaced drilling will test the continuity along favorable stratigraphic-structural contacts al...
Roads to some of Yukon's richest mining districts are getting more than C$360 million in upgrades. Canada Prime Minister Justin Trudeau rolled out the plans to invest in modern transportation infrastructure during a visit to the territory on Sep. 2. "Modern infrastructure is key to developing and properly managing the incredible natural resources we have at our fingertips," Trudeau said. The prime minister pledged C$247.8 million to the Yukon Resource Gateway project, a...
Golden Predator Mining Corp. got off to an early start at its 3 Aces project in 2017, significantly expanding the size of the southeastern Yukon property as well as the high-grade gold zones found there. Early in the year, the company announced the acquisition of the Hy-Jay and Reef gold properties, which expand 3 Aces to 357 square kilometers (138 square miles). With the district consolidated, Golden Predator kicked off a 40,000-meter drill program in February. This work began at the Spades zones – Ace, Queen, Jack, Seven a...
As some of the world's biggest gold miners nab exciting plays that turned up across Yukon Territory during the past decade, Yukon's mining explorers continue to seek the next generation of mine projects in the northwestern-most Canadian territory. Many of the up and coming mines in Yukon also are getting a boost from C$360 million in upgrades to roads into some of Yukon's richest mining districts. Known as the Yukon Resource Gateway project, the endeavor to modernize...
Golden Predator Mining Corp. Nov. 30 announced that it has cut deals with Alexco Exploration Canada Corp. and Newmont Canada Corp. to buy full ownership of Sprogge, a large gold property adjacent to the company's 3 Aces project in southeastern Yukon. The gold potential at Sprogge was first identified during a 1996 regional exploration program carried out by Hemlo Gold Mines. Over the next four years, early stage exploration was carried out on the property by Viceroy Exploration, Novagold Resources and Newmont Canada. In 2011,...
Golden Predator Mining Corp. Oct. 25 reported that recent drill results have confirmed the continuity of the 1,600-meter-long Hearts-Clubs corridor at 3 Aces, a high-grade gold project in southeast Yukon. Highlights from the most recent assay results from reverse circulation drilling at Hearts-Clubs includes 19.81 meters of 3.32 grams per metric ton gold from a depth of 10.67 meters in hole3A17-203; and 4.57 meters of 9.3 g/t gold from a depth of 22.1 meters in 3A17-205. Golde...
Golden Predator Mining Corp. Sep. 12 reported that it has poured a 744 troy ounce gold doré bar recovered from the its initial 776 metric ton bulk sample at the 3 Aces project in eastern Yukon. A 96.72 oz bar from 2016 bulk sampling contained 85 percent fine gold and 8 percent fine silver. Similar percentages would make this year's bar worth about US$840,000 at today's gold and silver prices. In addition to the 744 oz bar poured from the No. 1 concentrate table at 3 Aces, Golden Predator has arranged shipment of 86.4...
Golden Predator Mining Corp. Dec. 14 reported that results from 36 reverse circulation holes drilled at the 3 Aces Project in southeast Yukon have extended the mineralization has extended the Spades zone and confirmed the potential for near surface bulk tonnage type gold mineralization there. Highlights from this batch of drill results include: 1.5 meters of 36.33 grams per metric ton gold from a depth of 32 meters in hole 3A17-175, drilled in the North-Central Spades...
