The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 43 of 43
Great American Minerals Exploration Inc. has closed a landmark option agreement with Sumitomo Metal Mining that consolidates the Monte Cristo and Uncle Sam gold properties into a single 55,465-acre project about 40 miles west of the Pogo Mine in Interior Alaska. GAME, as the company is commonly known, is no stranger to the Pogo region. In fact, the privately held Nevada corporation staked its first claims there in 1997 and has held onto a position in the area ever since. This...
Stakeholder Gold Corp. has nabbed the expertise of renowned Yukon prospector Shawn Ryan to explore the potential of the Ballarat gold project in the Yukon Territory. Ryan, who discovered Kinross Gold's White Gold project and Goldcorp's Coffee project, typically works only on his own properties. However, he made an exception for Ballarat, which lies across the Yukon River from Coffee and just southeast of White Gold. Planned and executed by GroundTruth Exploration Inc., an innovative exploration company founded by Ryan, an...
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...
With financial and technical backing from Agnico Eagle Mines Ltd. and Kinross Gold Corp., legendary prospector Shawn Ryan has set out to finish what he started in Yukon's White Gold District. To accomplish this objective, Ryan has put roughly 1 million acres (390,000 hectares) of the White Gold District into White Gold Corp., a newly formed exploration company that owns claims covering roughly 40 percent of this promising gold region. Of the dozens of White Gold prospects...
White Gold Corp. Feb. 15 provided an overview of the 2017 exploration program at its 297,000-hectare (734,000 acres) land package in the White Gold District, Yukon. This program will be carried out on 22 of the company's gold properties in the district and is slated to include rotary air blast drilling; soil sampling; bedrock interface sampling, utilizing GroundTruth Exploration's GTProbe; drone surveys; geophysical surveys; mapping and prospecting. This year's planned...
As exploration across most of the North continues to trend downward, the Yukon Territory is celebrating the second straight year of increased spending. Early estimates put exploration in Yukon at about C$99 million for 2015, up roughly 20 percent over the C$80 million spent last year. With a wide swath of zinc-rich deposits in the Selwyn basin, a number of copper-rich porphyries in the Dawson Range, platinum group metal-nickel deposits in the southwest and gold deposits...
Stakeholder Gold Corp. April 23 reported that renowned Yukon Territory prospector and innovator Shawn Ryan has agreed to join its exploration advisory committee. Ryan will provide guidance for exploration of Stakeholder's Ballarat gold property and other strategic initiatives in the White Gold District, Yukon. "Shawn Ryan is an experienced and proven discoverer of gold deposits in the Yukon, and the company he founded, GroundTruth Exploration Inc., has developed some of the most advanced and cost-effective methods of...
Stakeholder Gold Corp. Aug. 3 reported encouraging results from an initial phase of exploration at it Ballarat gold property in the Yukon Territory. Planned and executed by GroundTruth Exploration Inc., an innovative exploration company founded by Shawn Ryan, the program included soil sampling; GT Probe bedrock interface sampling; ground-based resistivity/induced polarization surveying; and a drone survey to collect detail imagery of the entire property. This work has significantly expanded the Eastern zone target. Before...
While the mineral exploration season in Interior Alaska typically runs from the time the ground dries in the spring, usually mid-May, until snow and cold weather make logistics too cumbersome and expensive in October, an increasing number of explorers are carrying out successful winter programs in this especially frigid region of the Far North State. Without a doubt, mounting a successful exploration program in temperatures cold enough to make metal brittle and with only...
G4G Capital Corp. Dec. 20 announced the appointment of renowned Yukon prospector Shawn Ryan to its board of directors. In recent years Ryan has made a number of important gold discoveries in the Yukon, including the 2.2-million-ounce Golden Saddle deposit at Kinross Gold's White Gold property; Goldcorp's roughly 3-million-oz. Coffee deposit; as well as a number of other prospects and deposits being explored in Yukon's prolific White Gold District. "With the addition of Shawn,...
Agnico Eagle Mines Ltd. Dec. 6 announced an agreement to acquire 19.93 percent of the G4G Capital Corp.'s issued and outstanding shares. In late October, G4G Capital announced finalization of an option to acquire 21 properties covering 2,490 square kilometers (roughly 615,300 acres) of the White Gold district in the Yukon from legendary prospector Shawn Ryan and Wildwood Exploration Inc., a company owned by Ryan and his wife, Cathy Wood. To better reflect its focus, G4G Capita...
Stakeholder Gold Corp. June 14 reported that exploration is underway at its Ballarat gold project, located about 16 kilometers (10 miles) northeast of Kaminak Gold's Coffee project in the White Gold District of the Yukon Territory. GroundTruth Exploration Inc. is carrying out the roughly four-week exploration program that will investigate the Ballarat's Northwest and the Eastern zones. Planned work for this phase 1 program includes: a drone-generated high resolution...
Stakeholder Gold Corp. May 5 said GroundTruth Exploration Inc. will be carrying out exploration at its Ballarat gold project located in the White Gold District of Yukon Territory. The work will start with a drone-generated, high-resolution topographic survey of the entire property. The Northwest zone - which has seen detailed conventional soil sampling, limited trenching and diamond drilling - will be further tested along two mineralized trends. Only a portion of a...
Klondike Gold Corp. April 30 announced the start of a C$800,000 exploration program targeting gold-bearing quartz veins and newly identified fault structures at the Lone Star and Dominion Properties near Dawson City, Yukon Territory. Klondike has hired Dawson City-based GroundTruth Exploration Ltd. to use aerial drone technology to acquire ultra-high resolution imagery that has been geometrically corrected to produce accurate base maps and digital elevation models over key...
As mineral exploration activity around the globe continues to reel from the body blows delivered by a multi-year capital drought, a trio of innovators in Yukon Territory is giving new meaning to the adage, "One man's meat is another man's poison." Groundtruth Exploration Ltd., led by Shawn Ryan's protégé, Isaac Fage, is making significant strides in marketing to mining companies a low-cost exploration system that is dependent on several proprietary technologies. During the 2014 field season, Dawson, YT-based Groundtruth o...
Asubstantial amount of exploration activity continued apace in Yukon Territory this season despite the truncated budgets that forced most mining companies to juggle their projects and priorities. Some exploration companies found creative ways to raise capital, turning out their pockets to return to Yukon in 2013 to explore for Carlin-style gold mineralization in the east-central region of the territory, for more gold-bearing structures in the White Gold and Klondike districts to the west and for other styles and types of...
Like many ideas conceived on the back of napkin, the hottest new mineral exploration innovation sweeping exploration camps in Yukon Territory this field season might have languished for years in a desk drawer, if not for the innate talent and tenacity of a young entrepreneur who came to Canada's North country from Ontario eight years ago and stayed on to make his home in the Yukon. The innovation, called "Geoprobe," is a small, track-mounted hydraulic drill designed to take soil and rock-chip samples from the soil-bedrock...
While explorers in eastern Yukon Territory were taking time to understand their properties this season, the few companies working projects in the White Gold and Klondike districts to the west seemed to be pursuing their targets with the same urgency as companies exhibited in prior years. This year, however, the juniors chasing gold prospects in the area were trying to get as much done as possible while spending the least amount of money. Hampered by a prolonged capital drought in the industry, most of these companies eagerly...
