The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 56
Crystal Lake Mining Corp. Sept. 4 reported rich copper mineralization in core and from outcrop freshly exposed from the rapid retreat of snow and ice on its Newmont Lake project in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) northwest of Skeena Resources' Eskay Creek project and about the same distance southeast of Teck Resources and Newmont Goldcorp's Galore Creek project, Newmont Lake is in an area known for copper and gold deposits. NW Zone,...
Garibaldi Resources Inc. Aug. 9 reported that drills have tapped the widest zone of nickel- and copper-rich massive sulfide ever encountered at its Nickel Mountain project about 18 kilometers (11 miles) southwest of the historic Eskay Creek Mine in the heart of British Columbia's Golden Triangle. "This season's drill program is our best start yet at Nickel Mountain at a time when nickel prices are hitting new multi-year highs," said Garibaldi Resources President and CEO Steve...
At a time when electric vehicles are driving the need for increased nickel, Garibaldi Resources Inc. is unveiling an extremely high-grade deposit of this battery metal at its Nickel Mountain project about 18 kilometers (11 miles) southwest of the historic Eskay Creek Mine in the heart of British Columbia's Golden Triangle. "Increasingly, Nickel Mountain represents an important new discovery within the Eskay Rift," said Peter Lightfoot, a technical advisor to Garibaldi and...
Constantine Metal Resources Ltd. May 21 said it has finalized a deal to lease the Johnson Tract gold property from Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gold and base metals deposit that is reminiscent of the historical Eskay Creek Mine in neighboring British Columbia and a 7.5-mile...
Sojourn Exploration Inc. Dec. 12 reported results from this year's sampling at Todd Creek, a porphyry copper-gold property about 40 kilometers (25 miles) southeast of Seabridge Gold Inc.'s enormous KSM project. A time domain induced polarization survey carried out this year at Todd Creek showed a significant chargeability anomaly underlies the Yellow Bowl zone, a roughly 3,000-meter-long corridor of strongly altered and variably copper-gold mineralized intermediate volcanic ro...
When Skeena Resources Ltd. acquired Eskay Creek from Barrick Gold Corp. in 2017, the exploration company believed this historic mine property hosted significant quantities of gold and silver mineralization that fell below the cut-off grade for previous mining but may be considered economically viable ore today. A new resource calculated for Skeena backs up this theory. According to the calculation published on Sept. 17, Eskay Creek hosts 1.09 million metric tons of open-pit... Full story
Pretium Resources Inc. June 18 reported that two long holes drilled from the underground workings at it Brucejack Mine confirm the presence of Brucejack-style mineralization starting from the eastern edge of the Valley of the Kings, the high-grade gold deposit currently being mined, to beneath Flow Dome, a gold zone about 1,000 meters east. Surface drilling encountered bonanza grade gold at Flow Dome in 2015. Highlights from that program include 2.05 meters of 2,100 grams...
11 is shaping up to be a pivotal year for the Palmer copper-zinc-silver-gold project in Southeast Alaska. A roughly US$9 million exploration program outlined by Constantine Metal Resources Ltd. on May 10 proposes not only the annual tradition of resource expansion and new discoveries but also plans to provide the first peek into the economics of mining the copper- and zinc-rich volcanogenic massive sulfide deposits found there so far. Being carried out by a joint venture...
With fresh funds in the bank and partners exploring the gold, copper and silver projects it has generated in Alaska, British Columbia and Mexico, Millrock Resources Inc. is positioned well for 2018. As a project generator, Millrock is leveraging its team's geological expertise by identifying and acquiring promising mineral projects, completing preliminary exploration aimed at bolstering the their potential and then vending them to partners to fund the more advanced stages of...
In 1918, the Premier gold mine opened a few miles north of Stewart, a mining town that is the southern gateway to British Columbia's famed Golden Triangle. Over the ensuing 34 years, this underground operation churned out some 2 million ounces of gold and 45 million oz of silver, making it the largest gold producer in North America during that era. A century later, Premier continues to be in play and modern exploration is unveiling the vast mineral potential that northern... Full story
Skeena Resources Ltd. Nov. 1 reported the final assay results from its 2016 drill program at Snip, which hosts the historic Snip high-grade gold mine in the Golden Triangle of northwestern British Columbia. Hole S-16-16, targeting an extension of the newly discovered Twin West structural corridor, cut 3.2 meters averaging 24.44 g/t gold. Additional holes targeting the Twin Zone confirmed the presence of the newly defined 200 Footwall zone, which is approximately 200 meters below the historical Twin zone mine workings....
When judging the health of global mineral exploration, British Columbia seems to be the perfect model. In 2015, roughly C$272 million was invested in discovering and delineating mineral deposits in B.C., down some C$66 million from 2014. This 19.5 percent drop is in lockstep with the decline in global mineral exploration budgets for the same period, according SNL Metals & Mining's World Exploration Trends report. Likewise, B.C. exploration decreased about 60 percent from the...
Pretium Resources Inc. Dec. 14 reported that the final set of results from the 2015 regional grassroots drill program returned long intervals of low-grade gold mineralization at depth to the south and southeast of the Valley of the Kings deposit, as well as polymetallic mineralization in new zones 13 kilometers (eight miles) southeast of the project. Hole SU-671, drilled some 700 meters southeast of the Valley of the Kings deposit, intersected an east-west trending stockwork...
Skeena Resources Ltd. entered 2015 with a mission - outline at least 2.0 million ounces of high-grade gold at its Spectrum property located in the Golden Triangle region of northwestern British Columbia. Skeena Chairman Ron Netolitzky is no stranger to this metals-rich corner of B.C. In fact, he is a 2015 Canadian Mining Hall of Fame inductee, an honor that is largely due to his finding two world-class mines - Eskay Creek and Snip - in the Golden Triangle. The legendary prospe... Full story
Mineral and coal exploration in British Columbia, which peaked at C$680 million in 2012, retreated to roughly C$476 million in 2013. This drop is on par with the roughly 30 percent decrease in exploration expenditures worldwide. The dynamics that led to the decrease - tight capital markets that continue to challenge the ability of junior explorers to raise money, senior miners keeping tight reins on exploration spending and softer gold prices - have remained in play during...
The 6.4 million ounces of low-cost silver recovered from the Greens Creek Mine in Southeast Alaska during 2012 is funding growth aspirations at Hecla Mining Co., including a foray into Canada's mining sector. This growth begins with the first silver production from the Lucky Friday Mine since the Idaho operation was put out of commission for safety and operational upgrades at the end of 2011. With the Idaho operation scaling back up to full capacity in 2013, Hecla is looking...
In today's difficult financing climate, Homestake Resources Corp. is living the dream of most junior mining companies. Agnico-Eagle Mines Ltd., an aggressive intermediate gold producer, has signed on to pay the bills at the Homestake Ridge project located in northwestern British Columbia in a deal where the gold producer could spending up to C$25.3 million and earn up to a 70 percent interest in the exploration and development venture. Formerly Bravo Gold Corp., the junior changes its name to Homestake Resources in April....
RG: TSX-V/RMIOF:NASDAQ OTC/D4R:FE President and Director: Anastasios (Tom) Drivas Chief Financial Officer: Michael D'Amico, CA Vice President, Exploration and Geologist: Thomas Skimming, P. Eng. Romios Gold Resources Inc. focused its 2012 exploration activities Romios on its gold-copper properties located in northern British Columbia. Following up on extensive 2010 and 2011 programs at its Trek, Newmont Lake and the Dirk properties, Romios undertook a C$1.4 million exploration campaign in June on the Newmont Lake Project... Full story
RG: TSX-V/RMIOF:NASDAQ OTC/D4R:FE President and Director: Anastasios (Tom) Drivas Chief Financial Officer: Michael D'Amico, CA Vice President, Exploration and Geologist: Thomas Skimming, P. Eng. Romios Gold Resources Inc. is a Canadian exploration company actively engaged in precious and base metal exploration in British Columbia and Quebec with a primary focus on gold, copper, silver and molybdenum. Romios has acquired nine strategically located gold-copper properties between Nova Gold/Teck Cominco's and Barrick Gold's...
SK: TSX-V Executive Co-chairman: Robert V. Matthews, C.A. Executive Co-chairman and CEO: Clifford A. Grandison Chief Operating Officer: James (Jim) Sparling, P.Geo, MBA Skyline is a junior mineral exploration company currently focused on its principal asset, the Iskut Property in the heart of the Golden Triangle of northwestern British Columbia. The Iskut Property is adjacent to the historic Snip Gold Mine initially operated by Cominco Ltd., then Homestake Canada Mining Co. During its operation, from 1991 to 1999, the Snip... Full story
While most fortune-seeking juniors and investors joining the recent stampeded to Yukon Territory are scrambling to acquire properties in the highly prospective White Gold area located in the central Dawson Range and the eastern Selwyn Basin districts, a few canny explorers are quietly staking claims far from the heavy traffic in the southwestern corner of the territory. Solomon Resources Ltd. is one such explorer who has reported making a recent play in the region in a big way. Solomon July 18 reported the acquisition of a...
SBB.V: TSX-V President and CEO: Anthony P. Walsh, MBA, CA Senior Vice-President, Corporate Development: John Wakeford, P. Geo. Vice-President, Exploration: Peter Manojlovic, P.Geo. Sabina Gold & Silver is focused on exploration and development of flagship projects in Nunavut. These Nunavut assets, which are geographically proximal to each other, consist of the 3,000-square-kilometer, or 1,158-square-mile, Wishbone Greenstone Belt, which includes the world-class Hackett River volcanic massive sulphide project and is adjacent... Full story
Dozens of small explorers mounted exploration campaigns in 2010 in and around the historic Stewart Gold Camp in northwestern British Columbia, and as assays trickle in from samples and core sent to labs this spring and summer, many of them are reporting encouraging results. The Stewart Gold Camp, located about 20 miles, or 35 kilometers, from the B.C./Alaska border, is an emerging, world-class mining district that continues to offer discovery opportunities for major gold-copper and precious metal polymetallic deposits. The...
Romios Gold Resources Inc. Nov. 11 reported the discovery of significant copper, gold and silver mineralization on its Dirk Property located about 37 kilometers, or 24 miles, southeast of NovaGold Resources Inc.-Teck Resources Ltd.'s giant Galore Creek deposit and 7 kilometers, or 4 miles, northwest of Romios' Newmont Lake Property in northwestern British Columbia. Only two zones, Dirk and Telena, of a number of mineralized zones indentified on the newly discovered Dirk property have been sampled to date. A total of 15...
Most of the mining companies looking for minerals in northern British Columbia ushered in 2009 with high hopes and little else. "It's a perfect storm. The credit crunch in the world financial system has led to a worldwide recession and a collapse in commodity prices. In equities, there is nowhere to hide. Financing has become expensive and difficult to get. I have never seen more difficult conditions for junior resource companies in my entire career," said Hard Creek Nickel Corp. President and CEO Mark Jarvis in describing...
