The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 152
Golden Predator Mining Corp. May 30 reported results from 16 holes drilled at the Spades zone of its 3 Aces gold project in southeastern Yukon. So far, the company has identified five veins - Ace, Queen, Jack, Seven and Three - across a roughly 800-meter-long area. The latest results include the highest-grade drill intercept received to-date on the Ace of Spades vein. This hole, 3A17-098, cut 39.63 meters averaging 13.26 grams per ton gold from a depth of 9.14 meters, including 3.05 meters averaging 124.64 g/t (4.04 ounce...
Golden Predator Mining Corp. Oct. 5 reported new high-grade gold results and the discovery of new veins at its 3 Aces project in southeastern Yukon Territory. More than 800 rock chip, composite grab, channel and panel samples have been collected within the central core area of the property this year. Trenching is being targeted in areas of anomalous gold geochemistry, known areas of mineralization and along new or existing road cuts. Detailed geological mapping, surveying using a Differential Global Positioning System and 3D...
Golden Predator Mining Corp. Oct. 13 reported higher than expected gold grades were encountered in several metallurgical and geotechnical holes drilled this year at Brewery Creek, a former producing heap-leach gold operation about 55 kilometers (34 miles) east of Dawson City, Yukon. Three metallurgical holes and one geotechnical hole at the Lucky deposit cut gold mineralization below the historical pit floors. Hole 11 cut 8.2 meters grading 21.3 grams per metric ton gold from a depth of 22.2 meters at the western end of the...
Golden Predator Mining Corp. Oct. 17 said it has begun a winter drill program that will target the high-grade gold the company has identified at surface at its 3 Aces project in southeastern Yukon. A progressive joint venture between Boart Longyear and the Liard First Nation, which was awarded the 3 Aces drill contract, is targeting the completion at least 3,500 meters of reverse circulation drilling and 400 meters of core drilling during the fourth quarter. This drilling will test depth and strike extensions of high-grade...
Bravura Ventures Corp. said Oct. 24 it has entered into an option agreement to acquire up to a 90 percent interest in Golden Predator Mining Corp.'s Grew Creek gold property in southeastern Yukon. Golden Predator has invested roughly C$4.7 million on exploration at Grew Creek, including 19,000 meters of drilling in 70 holes, since 2010. Highlights from this work includes 68 meters of 5.96 grams per metric ton gold and 24.1 g/t silver in hole GCRC11-3281; 146.3 m of 1.72 g/t gold inGC10-0012; and 92 meters of 2.02 g/t gold in...
Golden Predator Mining Corp. focused its 2016 exploration on 3 Aces and Brewery Creek, two of the company's five mineral properties in the Yukon Territory. At 3 Aces, a high-grade gold project located in southeastern Yukon, the company completed a roughly 750-ton bulk sample of high-grade vein material from the Ace of Spades (formerly Sleeping Giant) vein. In August, the company reported the recovery of 81.4 ounces of gold and 7.77 oz. of silver from the processing of 87.8 dry tons of the bulk sample material. Golden...
Mineral exploration in Yukon began 2016 much like it finished 2015... Challenging equity market conditions and cautious investors meant junior exploration companies started the season conservatively. The industry got a boost early in the season with the mid-May announcement of Goldcorp’s (www.goldcorp.com) interest in Kaminak Gold’s (http://kaminak.com) Coffee property. By the time Kaminak shareholders approved the C$520 million deal in July, companies were raising money, expanding field programs and making deals across the...
Like a gong proclaiming the end of the long and arduous bear market for North of 60 mining explorers, the May 12 news that Goldcorp Inc. would buy Kaminak Gold Corp. for roughly C$500 million reverberated from Yukon Territory throughout the North. While the rich lure of developing a mine at Kaminak's robust Coffee gold project lured Goldcorp to the Yukon, it was the exploration potential and the ability to permit and build a mine that convinced the producer to expand into the...
Golden Predator Mining Corp. Jan. 3 said it has entered into an agreement to acquire Bearing Resources Ltd.'s interest in mineral claims in the Upper Hyland River area of Southeastern Yukon. The claims included in the agreement are HY-Jay, a property immediately northwest of Golden Predator's 3 Aces gold project; VF, immediately southeast of 3 Aces; and VM, which consist of two claim blocks situated further northwest. To acquire the claims, Golden Predator has agreed to pay Bearing C$275,000 over four years. In addition,...
Golden Predator Mining Corp. Feb. 13 announced a deal with Precipitate Gold Corp. that will add 8,490 hectares (20,980 acres) of mineral claims to its 3 Aces project, expanding this high-grade gold property to roughly 357,000 hectares(882,200 acres) that covers a 30-kilometers (19 miles) stretch of southeastern Yukon. This new property, known as Reef, extends north from the original 3 Aces property to Hy-Jay, a property Golden Predator agreed to acquire in January. To acquire full ownership of Reef, Golden Predator has...
Golden Predator Mining Corp. Dec. 19 said the first 13 of 54 holes drilled during a winter 2016 program at its 3 Aces gold project in southeastern Yukon has extended the high-grade gold at the Ace of Spades zone and encountered wide zones of previously unknown lower grade gold mineralization. Hole 3A16-RC-032 cut 7.54 meters of 32.86 grams per metric ton gold from a depth of 16.76 meters. Below this intercept in the main Ace of Spades vein, RC-032 cut 47.33 meters of low-grade gold mineralization in stockwork before encounter...
Golden Predator Mining Corp. Feb. 23 announced the start of 2017 drilling at its 3 Aces gold project in southeastern Yukon. This 20,000-meter program will initially focus on the Spades zone and then test other areas of the property. Drilling in the Spades zone will start at the Ace of Spades vein, where previous drilling has encountered high-grade gold at surface and deeper, lower grade stockwork mineralization. Hole 3A16-RC-032, a recent hole that tapped both of these zones, cut 7.54 meters of 32.86 grams per metric ton...
Golden Predator Mining Corp. March 16 said results for the final 25 holes of the winter 2016 drill program at the 3 Aces project in southeastern Yukon have confirmed high-grade gold mineralization in the Ace of Hearts vein with additional veining identified at depth. Highlights from Ace of Hearts includes: 7.59 meters of 6.39 grams per metric ton gold from a depth of 96.01 meters in hole 3A16-RC-048; 17.26 meters of 4.76 g/t gold from a depth of 38.86 meters in hole...
Golden Predator Mining Corp. May 3 said it is doubling the 2017 drill program at its 3 Aces gold project in southeast Yukon to 40,000 meters. Since the February start of the program, 6,900 meters of reverse circulation drilling has been completed at the Spades zone. This work has tested the depth and strike extensions of the high-grade gold found at the Ace of Spades vein, deeper stockwork mineralization found there, and initial targets at the Jack, Queen, Seven and Three of S...
Golden Predator Mining Corp. July 10 said drilling continues to expand the Ace and Jack of Spades zones at its 3 Aces gold project in southeastern Yukon. The latest assay results are from 23 reverse circulation holes drilled through May 15. Highlights from this drilling include 6.86 meters of 20.15 grams per metric ton gold from a depth of 6.86 meters in hole 3A17-100; 1.52 meters of 54.25 g/t gold from a depth of 2.29 meters in 3A17-106; 6.1 meters of 22.3 g/t gold from ad depth of 12.95 meters in 3A17-127; and 1.52 m of 72....
Golden Predator Mining Corp. Aug. 9 reported continued high-grade gold results from drilling and the discovery of a new zone of gold veining at its 3 Aces project in southeast Yukon. The current drilling at 3 Aces continues to focus on the Spades zone, in order to provide appropriate drill density for interpretation and modelling of the gold mineralization in the high-grade vein system. Highlights from 18 holes drilled there - eight reverse circulation and 10 core - include: 4.57 meters of 58.75 grams per metric ton gold in h...
Golden Predator Mining Corp. Nov. 8 announced the receipt of a Class 4 Mining Land Use Permit that allows for a significant expansion of exploration activities at its 3 Aces gold project in southeastern Yukon. With the issuance of this five-year permit, the company is now authorized to construct up to 45 kilometers (28 miles) of roads, complete 40,000 cubic meters of trenching and extract 10,000 metric tons of bulk sample material annually. "Golden Predator commenced the...
Golden Predator Mining Corp. Nov. 21 reported the discovery and expansion of high-grade gold targets at the Spades zone, one of three areas where the company has identified coarse gold in quartz veins within a 2,600-acre core area of the 3 Aces property in southeastern Yukon Territory. More than 800 grab, chip, channel and panels samples were collected within the core area over a nearly three-month program that began in August. Results from 350 of these samples have...
Golden Predator Mining Corp. Nov. 2 announced the discovery of new gold bearing veins in the Clubs area of its 3 Aces project in southeastern Yukon. So far this year, the company has identified 20 new gold bearing veins within a 10.5-square-kilometer (2,600 acres) core area of 3 Aces. Most of these high-grade gold discoveries have been made in the Aces area of the core zone, where drilling earlier this year cut 11.43 meters of 31.89 grams per metric ton gold. The new gold...
Golden Predator Mining Corp. Sept. 9 said a sampling program that began in early August has discovered 11 previously unknown mineralized veins at its 3 Aces gold project in eastern Yukon Territory. Visible gold has been observed in five of these newly found veins. Trenching is continuing in advance of a planned October drill program to define and sample the surface expression of outcropping veins and investigate new areas of anomalous gold in soil. Veins exposed by trenching...
Golden Predator Mining Corp. Aug. 18 reported results from initial processing of its winter 2016 bulk sample program from the Ace of Spades Vein (formerly Sleeping Giant Vein) at its 3 Aces gold project in eastern Yukon Territory. A total of 87.83 dry tons (79.7 dry metric tons) from a stockpile estimated at 750 tons was processed through July 12. Concentrate recovered from the shaker tables, a gravity method of recovering gold, recovered 81.408 troy ounces of fine gold and 7....
Golden Predator Mining Corp. Aug. 15 reported the discovery of visible gold mineralization in the newly identified Jack of Spades quartz vein at its 3 Aces project in southeastern Yukon. This is the first discovery arising from the company's phase 2 exploration program that began Aug. 3. The newly discovered Jack of Spades vein is 2.5-meters thick and is located 100 meters east of the Sleeping Giant vein, renamed the Ace of Spades vein, and 1,100 meters east-northeast of the...
Golden Predator Mining Corp. Aug. 3 said it has begun the second phase of 2016 exploration at its 3 Aces project in southeastern Yukon Territory. With a budget of C$4 million, this program includes detailed soil sampling, structural mapping, geophysical work, road construction, trenching, drilling and bulk sampling. To date, four quartz veins with coarse visible gold have been discovered at surface within a roughly 10-square-kilometer (2,450 acres) central core area of the...
Golden Predator Mining Corp. July 26 announced the completion of a C$16.36 million brokered private placement. As a result of the financing, the company issued 11.036 million non-low-through units at C73 cents each and 8.305 million flow-through units at $1.00 apiece. Each unit includes one Golden Predator share and one half of a warrant. Each full warrant entitles the holder to purchase one additional company share at C$1.00 for a period of two years from the closing date....
Golden Predator Mining Corp. July 13 said it has begun a 1,600-meter engineering and metallurgical drill program at its Brewery Creek gold property. Located 55 kilometers (34 miles) east of Dawson City in Yukon Territory, Brewery Creek is a past-producing heap leach gold mining operation where more than 278,000 ounces of gold was produced from seven near-surface oxide deposits between 1996 and 2002. This year's drilling is focused at the Golden, Lucky and Kokanee pits where...
