The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 13 of 13
Goliath Resources Ltd. reports that in addition to the successful drilling of three high-grade gold zones along the Surebet corridor at Golddigger, its 2023 exploration program discovered two high-grade drill targets that demonstrate the exceptional potential of this 52,756-hectare (130,363 acres) property about 30 kilometers (19 miles) southeast of Stewart, British Columbia. Over the past three years, Goliath has outlined three high-grade gold zones – Surebet, Bonanza Shear,...
Golden Sky Minerals Corp. (formerly Luckystrike Resources Ltd.) Dec. 10 reported promising results from its 2020 drilling at Hotspot, a 46.4-square-kilometer (17.9 square miles) gold exploration on the Yukon side of the Alaska-Yukon border. Hotspot is situated along the Big Creek fault, a regional-scale fault system that hosts numerous porphyry and orogenic gold deposits in Alaska and the Yukon. The closest such deposit is Taurus, a porphyry copper-gold-molybdenum deposit on...
Yukon Territory, a mineral exploration frontrunner in Canada's North, is witnessing a significant slowdown in 2019. As a result, growth in Yukon's economy is expected to slow this year but rebound in 2020, according to The Conference Board of Canada. In its "Territorial Outlook Economic Forecast: Summer 2019," released in June, the board said new mines coming online in 2020 will drive Yukon's growth in the near future. Several factors, however, have converged to put the...
Luckystrike Resources Ltd. Aug. 19 announced the completion of a 1,106-meter drill program targeting the expansion of the Monte Carlo zone on the Lucky Strike property in Yukon's White Gold District. Goldstrike Resources Ltd., which spun out Lucky Strike and other Yukon gold properties into Luckystrike Resource in 2018, first encountered gold at Monte Carlo while trenching an 1,800-meter-long induced polarization geophysical anomaly in 2016. That company followed up with a sma...
Luckystrike Resources Ltd. July 9 announced the start of drilling on its Lucky Strike property in the heart of Yukon's White Gold District. The program will focus on expanding on discovery hole DDLS-18-06, a 2018 hole that cut 7.6 meters averaging 4.55 grams per metric ton gold within a newly discovered lower zone of sulfide mineralization at Monte Carlo. DDLS-18-06 is the only hole drilled so far to test an 1,800-meter-long induced polarization (IP) chargeability anomaly....
Luckystrike Resources Ltd. May 13 announced it is gearing up for its 2019 drill program at the Lucky Strike property in Yukon's White Gold District. The program will focus on expanding on discovery hole DDLS-18-06, which cut 7.6 meters averaging 4.55 g/t gold in an unoxidized lower zone at the Monte Carlo zone at Lucky Strike that had not previously been tapped with drilling. In addition to the lower zone, hole 18-06 cut 8.3 meters averaging 1.16 g/t gold in an upper zone....
Luckystrike Resources Ltd. said its 2018 exploration program at Lucky Strike continues to demonstrate that this property in the heart of the White Gold District has the ingredients to develop into another big gold discovery in the Yukon. Luckystrike Resource was formed earlier this year as a spin-out of Goldstrike Resources Ltd., a company that previously made a major Yukon gold discovery on its Plateau property. Early last year, Newmont cut a C$53 million deal to earn up to...
Goldstrike Resources Ltd. June 27 said drills are turning on its 156-square-kilometer (60 square miles) Lucky Strike gold property in the heart of the Yukon's White Gold District. Following up on the 1,033-meter maiden drill program carried out last year, the 2018 drill program begins at the Monte Carlo zone, a 1,400- by 350-meter geochemical anomaly where trenching has returned long sections of gold comparable to trenches that led to the discovery at Goldcorp's Coffee gold...
Goldstrike Resources Ltd. May 22 said it is mobilizing for the 2018 exploration program at Lucky Strike and other properties it holds in Yukon's White Gold District. This year's exploration will follow-up on the success Goldstrike had on the Lucky Strike property in 2017, where the company completed the first ever drilling into the property's Monte Carlo zone. The company narrowed drill targets at Monte Carlo with trenching in 2016. One trench dug at this 1,400- by 350-meter...
Goldstrike Resources Ltd. May 16 announced plans to spin its six properties in Yukon's White Gold District, Yukon into a subsidiary to be known as Luckystrike Resources Ltd. Goldstrike said shifting the White Gold District properties into a separate public company will position these gold assets to be valued on a standalone basis and will allow Goldstrike management to focus on that company's strategic partnership with Newmont Mining Corp. on the Plateau gold property. "We...
Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$...
Since its formation in 2018, Luckystrike Resources Ltd. has been exploring Yukon gold properties spun out of Goldstrike Resources Ltd., with a primary focus on its flagship Lucky Strike gold property in the heart of the White Gold District. The 2019 drill program at Lucky Strike targeted the expansion of two zones of gold mineralization tapped in DDLS-18-06, a 2018 hole that cut 8.3 meters averaging 1.16 grams per metric ton gold in an oxidized upper zone and 7.6 meters...
Goldstrike Resources Ltd. might be feeling lucky, but that doesn't mean the Canadian gold explorer is easing up in its aggressive push into Yukon Territory. Instead of kicking back and reveling in the C$53 million payday from Newmont Mining Corp., its new partner in exploring the highly prospective Plateau gold property in central Yukon, Goldstrike's management team immediately began positioning the organization to deliver what could become the next big gold discovery in the...
