The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Independence Gold Corp. is exploring a growing portfolio of gold projects in Yukon Territory and British Columbia. Boulevard, a gold property that lies immediately south and west of Goldcorp Inc.'s recently acquired Coffee gold mine project, has been a primary exploration focus in recent years. Goldcorp, which acquired Coffee through a C$500-million buy-out of Kaminak Gold Corp., also acquired a 19.99 percent interest in Independence Gold buy purchasing 10.88 million shares of that company through a private placement in...
A Washington, D.C. think tank has weighed in on the question of whether the U.S. Environmental Protection Agency erred in conducting an assessment of large-scale mining in the Bristol Bay region of Alaska before such a project was even proposed, let alone engaged in the federal permitting process. EPA published its findings in a “Bristol Bay Assessment” and decided to place limits on development of the enormous and contentious Pebble copper-gold-molybdenum project in Sou...
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...
Independence Gold Corp. Oct. 12 provided results from a 30-hole drill program at its Boulevard gold project in the White Gold District, Yukon. A total of 1,401 meters of reverse circulation drilling was completed in 15 holes within the Sunrise-Sunset area, which is 8.5 kilometers (5.3 miles) southwest of Goldcorp Inc.'s recently acquired Coffee deposit. Drilling evaluated multi-element soil anomalies within the 2,300-meter-long Sunset trend and focused on testing new, potentia...
Independence Gold Corp. July 21 reported the start of a roughly 2,000-meter reverse circulation drill program at its Boulevard gold project, which borders the Coffee Gold property now owned by Goldcorp Inc. The second phase of Independence Gold's 2016 Yukon exploration program also will include a rotary air blast drill program on its recently optioned Rosebute gold property situated 58 kilometers (36 miles) south of Dawson City. The Coffee Creek fault system, an important stru...
Independence Gold Corp. July 7 reported the completion of its phase-1 exploration program the Boulevard and Moosehorn projects in the White Gold District, Yukon Territory. This work included geologic mapping, prospecting and the collection of 1,056 soil samples on both gold properties. In addition, 527 meters of trenching was completed at Moosehorn, located near the Alaska border about 133 kilometers (83 miles) southwest of Dawson City. Results from this program will assist...
Independence Gold Corp. July 5 reported signing an option agreement with Taku Gold Corp. to acquire the Rosebute property in the White Gold district of the Yukon. This 14,387-hectare (35,551 acres) property hosts two gold discoveries known as the Norwest and Hudbay zones. The Norwest zone - located in the northern portion of the 14,387-hectare (35,550 acres) property - is defined by three gold-in-soil anomalies within a roughly 2,000 meter diameter. One hole drilled in 2012...
Independence Gold Corp. June 20 reported that Goldcorp Inc. intends to buy 10,884,880 flow-through shares of Independence for net proceeds of C$1,959,278.40. Upon completion of this private placement financing, Goldcorp will own roughly 19.9 percent of Independence Gold's issued and outstanding shares. "We are pleased to welcome Goldcorp as a shareholder of Independence. We view this investment as a validation of our exploration results and as well as positive encouragement...
Independence Gold Corp. May 17 outlined plans to acquire up to a 100 percent interest in the Rosebute gold property from Taku Gold Corp. Located 58 kilometers south of Dawson City, Yukon Territory, and immediately west of Independence's Henderson property, Rosebute encompasses two gold discoveries known as the Norwest and Hudbay zones. The Norwest Zone - located in the northern portion of the 14,387-hectare (35,550 acres) property - is defined by three gold-in-soil anomalies...
Independence Gold Corp. April 27 reported an initial C$1.5 million exploration budget for 2016, which will fund roughly 1,500 meters of reverse circulation drilling at its Boulevard project, trenching on the Moosehorn project and geochemical sampling on several of the company's Yukon properties. All projects are located in the White Gold District south of Dawson City. Located about 135 kilometers (85 miles) south of Dawson City, Boulevard is contiguous to Kaminak Gold Corp.'s...
Independence Gold Corp. Nov. 18 reported results from an eight-hole (1,093 meters) reverse circulation drill program at the Sunrise zone of its Boulevard gold project located about 135 kilometers (85 miles) south of Dawson City, Yukon. The best intercepts were 3.05 meters of 15 g/t gold from a depth of 24.4 meters in hole BV15-40; and 22.9 meters of 0.94 g/t gold from a depth of 45.7 meters in hole BV15-35. The fall 2015 RC drill program was designed to extend gold mineralizat...
IGO: TSX-V President and CEO: Randy Turner VP, Exploration: David Pawliuk Independence Gold Corp. focused its 2015 exploration on drilling the Sunset and Denali zones of its Boulevard gold project, which wraps the west and south sides of Kaminak Gold Corp.'s Coffee project in the Yukon Territory. The Sunset zone is a 2,200-meter-long gold-in-soil anomaly located seven kilometers (4.4 miles) southwest of Kaminak's Coffee deposit. Trench results of up to 7.04 g/t gold across six meters and drill intercepts of up to 2.42 g/t gol...
Independence Gold Corp. Sept. 1 reported the start of a C$600,000 exploration program at the Sunrise zone of its owned Boulevard gold project, located adjacent to Kaminak Gold Corp.'s Coffee gold project. Independence is currently carrying out detailed ground magnetic surveying and geological mapping, to better define drill targets. The company intends to drill about 1,400 meters to further delineate the newly discovered Sunrise Zone, where RC drill hole BV15-31 recently cut...
Independence Gold Corp. Aug. 24 reported encouraging results from drilling of two gold discoveries at its Boulevard Project, located adjacent to Kaminak Gold Corp.'s Coffee gold project in Yukon Territory. The 1,746-meter (13 holes) reverse circulation drill program tested two previous undrilled soil anomalies. The best intercepts are 7.23 grams per metric ton gold across 12.2 meters at the Sunrise zone, and 4.25 g/t gold across 6.1 meters at the Denali zone, located 13...
Did the U. S. Environmental Protection Agency secretly collaborate with environmental activists to contrive and execute a plan to roadblock the enormous Pebble copper-gold-molybdenum project? This is the question that U. S. District Court Judge H. Russel Holland in Anchorage is trying to answer after hearing May 29 arguments from both sides. The Pebble Limited Partnership alleges that EPA worked behind the scenes with lawyers, scientists, non-governmental agencies and other an...
Independence Gold Corp. May 20 reported plans to complete a C$1.8 million drill program at its Boulevard and Henderson gold projects located in the White Gold district of Yukon Territory. The programs, consisting of roughly 2,350 meters of reverse circulation and 800 meters of core drilling, are expected to begin in mid-June. The company plans to test the Denali and the Sunset zones at Boulevard with reverse circulation drilling. The Denali zone is located about 14 kilometers...
Former U.S. Defense Secretary William S. Cohen March 24 said he and his firm, The Cohen Group, assisted by law firm DLA Piper, will conduct an independent review of whether the U.S. Environmental Protection Agency acted fairly in connection with its evaluation of potential mining in the Bristol Bay watershed in Southwest Alaska. "An investigation being conducted by the EPA's Office of Inspector General; inquiries and hearings into EPA actions by the House Committee on...
Market-defying mineral exploration grabbed the spotlight in British Columbia throughout 2013, despite the doldrums that appeared to set in north of the 60th parallel. "British Columbia is blessed with an abundant supply of the resources the world needs and the most innovative mining and exploration sectors," British Columbia Premier Christy Clark touted the phenomenon at the 2013 Mineral Exploration Roundup in January. Still, Clark told the crowd that she doubted B.C. exploration could top the record C$462 million spent in...
Northwest Territories continued to benefit in 2013 from a recent surge of exploration interest. A vast expanse of mountains, forests and tundra that is roughly two-thirds the size of Alaska, the territory covers 1.17 million square kilometers (431,162 square miles). "We have, in the North, what the world wants - what emerging markets need," Northwest Territories Premier Robert "Bob" McLeod told an audience at a Prospects North gathering in Yellowknife Sept. 11. "We are the third-largest diamond producer in the world. In...
Young people working on mining projects in Yukon Territory are nothing new. But young people in charge, running the show at some of the most exciting mining projects in Canada's Far North? That's different and was noticeable in several camps during the 2013 field season. Whether in grassroots exploration, at advanced projects or in producing mines, a new generation of 30-something and even younger professionals, appears to be taking the lead in the Yukon. The trend even extends beyond mining to government, where Currie...
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...
IGO: TSX-V President and CEO: Randy Turner, B.Sc., P.Geo CFO: Christopher Mitchell, P.Eng., MBA Vice President, Exploration: David Pawliuk, B.Sc., P.Geo Independence Gold Corp., formerly Silver Quest Resources Ltd., is focused on exploring for silver and gold on numerous property holdings, ranging from early‐stage grassroots to advanced‐stage resource delineation and expansion projects scattered across central British Columbia and Yukon Territory. In 2012, the company launched a C$2.2 million exploration program...
For the dozens of companies that rushed to stake claims in the Nechako Plateau of central British Columbia three years ago, the area now known as the Blackwater Gold District is shaping up to be a better-than-average bet. But a series of bold acquisitions by New Gold Inc. in 2011 has placed the mid-tier gold producer solidly in the driver's seat in one of Canada's largest modern gold exploration plays. Located about 160 kilometers (99 miles) south-west of Prince George in central British Columbia, the Blackwater Project area...
The last month has seen a massive transition in Alaska from planning to execution, from getting ready to go to the field to boots on the outcrop and drills in the ground. Each year the hustle and bustle of the Alaska summer exploration season subsumes virtually everything else (except the Stanley Cup) as field programs launch around the state. This year has been no different with base metal programs in the Brooks Range, gold programs in Interior Alaska and the Seward...
The first of a series of independent science panels designed by the Keystone Center to address the potential development of a mine at the Pebble copper-gold-molybdenum deposit in Southwest Alaska - did not directly discuss the potential of developing the project. Instead, "Responsible large-scale mining: A global perspective," a five-member panel representing academia, non-governmental organizations and an industry corporate social responsibility organization, shared...
