The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
With the high-grade Snip gold project fully pulled back into its portfolio, Skeena Resources Ltd. is now considering a mine at Eskay Creek that would process ore from both of the company's historic high-grade gold projects in British Columbia's Golden Triangle. Skeena acquired both Snip and Eskay Creek from Barrick Gold Corp. under an option agreement entered into in 2016 and 2017, respectively. Over the ensuing six years, Skeena has focused most of its resources on...
Skeena Resources Ltd. Sept. 5 announced a 237% increase in the amount of gold in the indicated resource category at its Snip project in British Columbia's Golden Triangle. Located about 35 kilometers (22 miles) west of Eskay Creek, which has been the primary focus for Skeena, Snip is the home to a high-grade underground gold mine operated by Barrick Gold Corp. that produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric gold dur...
With the September completion of a feasibility study that details a very economically robust gold-silver mine at Eskay Creek, Skeena Resources Ltd. has focused its drilling on near-surface mineralization that could extend the life of this future mine in British Columbia's Golden Triangle. Over the nine years of operations considered in the feasibility study, the open pit mine proposed for Eskay Creek would produce 2.42 million ounces of gold and 66.7 million oz of silver from...
With its sights set on revitalizing the historic Eskay Creek and Snip gold mines, Skeena Resources Ltd. is expanding resources and building strong partnerships at these exceptional precious metal projects in British Columbia's Golden Triangle. As a testament to the enormous potential of Eskay Creek and Snip, as well as Skeena's responsible approach to bringing them back into production, Tahltan Central Government invested C$5 million to acquire 1.6 million shares of this...
Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,...
Skeena Resources Ltd. Oct. 16 announced that Peru-based Hochschild Mining PLC will begin spending roughly C$100 million to earn a 60% joint venture interest in the Snip gold mine project in British Columbia's Golden Triangle. "The Hochschild team has a reputation for being among the best underground miners in the world for narrow, high-grade deposits and we are fortunate to have them as our formal partner on Snip going forward," said Skeena Resources CEO Walter Coles Jr....
With robust support from the investment community, encouragement from Barrick Gold Corp., and a strong working relationship with the Tahltan First Nation, Skeena Resources Ltd. is rapidly advancing towards the reopening of Eskay Creek and Snip – iconic precious metals mines in the heart of British Columbia's Golden Triangle. Both these high-grade gold and silver operations were previously operated by Barrick. Over a 14-year span ending in 2008, an underground mine at Eskay C...
Global metal production has been severely disrupted due to government mandated suspension of mining operations in response to the COVID-19 pandemic. According to figures released by GlobalData, 32 countries have passed partial or complete lockdown orders that by April 3 had led to the temporary suspension of activities at over 1,600 mines. Silver is the hardest hit by global government lockdowns, with the equivalent of 65.8% of annual global production of this industrious...
Skeena Resources Ltd. Oct. 16 announced that Peru-based miner Hochschild Mining plc has entered into an option to earn a 60 percent interest in Skeena's Snip gold project in British Columbia's Golden Triangle. Hochschild is a leading underground precious metals producer focusing on high-grade silver and gold deposits. Listed on the London Stock Exchange, Hochschild operates four underground precious metals mines – three in Peru and one in Argentina. "We are extremely p...
Skeena Resources Ltd. has assembled an impressive portfolio of precious and base metals properties in British Columbia's Golden Triangle. This year the company focused its exploration primarily on expanding the high-grade gold at Snip and Eskay Creek, two past-producing mines acquired from Barrick Gold Corp. Operated by Barrick in the 1990s, the historic underground mine at Snip produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per...
DAWSON CITY, Yukon - Atop a wooded peak in this land of mountains and deep valleys near the confluence of the White and Yukon rivers, a New Zealand-based miner is hard at work exploring for gold. Underworld Resources Inc., a junior organized in 2007, has come to the Far North in hopes of making a commercial discovery at the White Gold and Black Fox Gold properties in west central Yukon Territory, about 95-123 kilometers, or 59-76 miles, by air south of Dawson City. Organized with an initial public offering in March 2007, Unde...
