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 86
Rockhaven Resources Ltd. June 21 published an updated mineral resource estimate for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its Klaza project in southern Yukon with 686,000 ounces of gold in the indicated category and 507,000 oz in the inferred category. The updated resource incorporates results from roughly 13,300 meters of in-fill and expansion drilling completed since the previous estimate in 2015. Bulk tonnage, low-grade...
Rockhaven Resources Ltd. April 18 reported that the latest results from ongoing metallurgical work returned improved gold recoveries from several of the mineralized zones at its road accessible Klaza property in southern Yukon. These zones will be the focus of an updated mineral resource estimate that will incorporate the results from roughly 20,000 meters of additional expansion and in-fill drilling completed over the last couple of years. "We are extremely excited about the...
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest...
Strategic Metals Ltd. Aug. 3 posted results from exploration at its OOO property, a silver-gold property located midway between Goldcorp Inc.'s Coffee gold project and Rockhaven Resources Ltd.'s Klaza gold-silver project. The silver- and gold-rich epithermal veins at OOO have received little historical exploration and have never been drilled. Strategic dug a trench (TR-16-01) by hand across a strong linear where a 2015 rock sample returned 6,680 grams per metric ton silver, 30.22 percent lead and 0.80 g/t gold. Chip sample...
Rockhaven Resources Ltd. focused its 2016 exploration program on further defining and expanding the high-grade gold-silver resources at Klaza with the aim of bolstering the outcome of a preliminary economic assessment prepared for the project in southern Yukon Territory. Including the 56 holes drilled in 2015, Klaza now hosts 9.42 million metric tons of inferred resource grading 4.48 grams per metric ton (1.36 million ounces) gold, 89.02 g/t (26.96 million oz.) silver, 0.75 percent (155.4 million pounds) lead and 0.95 percent...
Strategic Metals Ltd. has more than 100 mineral properties in the Yukon, making it the largest claim holder in the territory. These properties, along with projects it has in neighboring Northwest Territories and northern British Columbia, are prospective for gold, silver, lead, zinc, copper, tin, tungsten, vanadium and lithium. The company started off its 2016 exploration by acquiring additional information at some of its most prospective gold projects in Yukon. The work included trenching at OOO, a silver-gold property...
Mineral exploration in Yukon began 2016 much like it finished 2015... Challenging equity market conditions and cautious investors meant junior exploration companies started the season conservatively. The industry got a boost early in the season with the mid-May announcement of Goldcorp’s (www.goldcorp.com) interest in Kaminak Gold’s (http://kaminak.com) Coffee property. By the time Kaminak shareholders approved the C$520 million deal in July, companies were raising money, expanding field programs and making deals across the...
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...
Coeur Mining Inc.'s high-grade Kensington gold mine in Southeast Alaska is becoming a hub for expansion into British Columbia and Yukon Territory. In September, Coeur cut a deal to acquire the Silvertip Mine in northern British Columbia. Just south of the Yukon border and about 150 miles east of Kensington, Silvertip hosts 2.35 million metric tons of indicated resource averaging 352 grams per metric ton silver, 9.4 percent zinc and 6.7 percent lead; and 460,000 metric tons of...
Rockhaven Resources Ltd. is enjoying support from Coeur Mining Inc. at Klaza, a road accessible gold-silver project in southern Yukon. Coeur, which owns the Kensington gold mine about 225 miles (363 kilometers) south of Klaza, participated in a Rockhaven financing and its technical team is assisting Rockhaven as it advances exploration, engineering and metallurgical studies for Klaza. A 2016 preliminary economic assessment for Klaza envisions using a combination of open-pit and underground techniques to mine the 9.42 million...
As some of the world's biggest gold miners nab exciting plays that turned up across Yukon Territory during the past decade, Yukon's mining explorers continue to seek the next generation of mine projects in the northwestern-most Canadian territory. Many of the up and coming mines in Yukon also are getting a boost from C$360 million in upgrades to roads into some of Yukon's richest mining districts. Known as the Yukon Resource Gateway project, the endeavor to modernize...
Rockhaven Resources Ltd. Feb. 24 said Coeur Mining Inc. has agreed to invest C$675,000 to acquire 3.75 million Rockhaven shares at C18 cents each. Rockhaven's primary asset is Klaza, a southern Yukon project about 225 miles (360 kilometers) north of Coeur's Kensington gold mine in Alaska. Klaza hosts a deposit with 9.42 million metric tons of inferred resource grading 4.48 grams per metric ton (1.36 million ounces) gold, 89.02 g/t (26.96 million oz) silver, 0.75 percent (155.4 million pounds) lead and 0.95 percent (197.8...
Rockhaven Resources Ltd. June 28 reported the start of a 16,000-meter drill program at its Klaza gold property in southern Yukon. In addition to drilling, the 2017 program will include geophysical surveys, soil geochemical sampling and metallurgical test work. Klaza hosts 9.42 million metric tons of inferred resource grading 4.48 grams per metric ton (1.36 million ounces) gold, 89.02 g/t (26.96 million oz) silver, 0.75 percent (155.4 million pounds) lead and 0.95 percent (197.8 million lb) zinc. This year's drilling will incl...
Rockhaven Resources Ltd. Nov. 14 said the assay results from an additional 15 holes drilled this year continue to confirm and expand upon the high-grade gold and silver mineralization at the company's Klaza project in southern Yukon. Results from drilling in the West Klaza zone include 2.69 meters of 8.91 grams per metric ton gold and 452 g/t silver in hole 419; 2.26 meters of 8.54 g/t gold and 674 g/t silver in hole 412; and 1.01 meters of 6.18 g/t gold and 441 g/t silver in hole 414. Highlights from drilling in the Main...
Rockhaven Resources Ltd. Nov. 16 reposted additional high-grade gold-silver intercepts at its Klaza project in the Yukon, including one hole that cut 56.19 grams per metric ton gold, 290 g/t silver, 1.63 percent zinc and 1.44 percent lead over 1.9 meters. The company completed 15,922 meters of drilling in 96 holes this year. The latest batch of results are from 18 holes drilled into the Western and Central BRX zones, where infill drilling has better defined near-surface mineralization so that inferred resources can be...
Rockhaven Resources Ltd. Dec. 4 announced the discovery of several new mineralized structures at it Klaza gold-silver project in southern Yukon. These discoveries include a series of new mineralized veins identified with a single drill fence consisting of five holes across an area north of the current resource area where no previous drilling or trenching had been carried out. This drilling targeted a number of linear magnetic and electro-magnetic anomalies, similar to those...
Rockhaven Resources Ltd. Sep. 26 reported the highest grade gold intercepts so far from drilling at its Klaza gold-silver property in southern Yukon. The company published results from another 21 holes of a 96-hole, 15,922-meter drill program completed at Klaza this year. Highlights from this drilling include 182 grams (5.85 ounces) per metric ton gold and 0.61 g/t silver over 0.61 meters, and 7 g/t gold and 7.12 g/t silver over 2.92 meters in hole 376; 4.18 g/t gold and...
Coeur Mining Inc. is now officially the owner of Silvertip, a high-grade silver mine about 10 miles south of the Yukon border in northern British Columbia. In a deal that closed on Oct. 17, the Chicago-based miner paid US$200 million to acquire Silvertip and has agreed to pay up to another US$50 million more if certain permitting and resource expansion milestones are met. For this investment, Coeur owns a newly built mine with 2.35 million metric tons of indicated resource ave...
Rockhaven Resources Ltd. Oct. 16 reported additional high-grade gold and silver assays from the 2017 drill program at its Klaza property in southern Yukon. These latest drill results are from infill drilling at the Western BRX zone, which currently hosts 1.37 million metric tons inferred mineral resource estimate averaging 8.01 grams per metric ton (352,000 ounces) gold; 132 g/t (5.81 million oz) silver; 1.42 percent (42.8 million pounds) zinc; and 1.31 percent (39.4 million...
Rockhaven Resources Ltd. Sep. 12 reported initial assay results from a 15,922-meter drill program at its Klaza gold-silver property in the Dawson Range Gold Belt of southern Yukon. The main objectives of the 2017 program were to better define and expand the near-surface mineral resources through infill and step-out drilling; explore for new gold zones with drilling, trenching and geophysics; and continue to advance the metallurgical and engineering facets of the Klaza project. Most of the 28 holes in this batch of assay...
Strategic Metals Ltd. Dec. 19 announced plans to spin-out three precious metals properties in the Yukon - Eureka, Triple Crown (formerly called OOO) and Treble (formerly called LLL) - and sufficient cash to qualify for a listing on the TSX Venture Exchange to Trifecta Gold Ltd. in exchange for Trifecta shares. Eureka is an orogenic gold project in the legendary Klondike goldfields about 70 miles (110 kilometers) road miles south of Dawson City. Triple Crown and Treble are...
Rockhaven Resources Ltd. Sept. 26 reported another batch of results from a recently completed drill program at its Klaza gold-silver property in southern Yukon Territory. Highlights from this drilling include 4.32 meters averaging 17.01 grams per metric ton gold and 121 g/t silver in hole 317; 8.09 meters averaging 3.48 g/t gold and 88.4 g/t silver in hole 318; and 2.46 meters of 10.25 g/t gold and 52.9 g/t silver in hole 337. The 2016 drill program focused on better defining...
Rockhaven Resources Ltd. Sept. 8 reported the discovery of a new, near-surface gold-rich zone at its Klaza property in the Dawson Range Gold Belt of southern Yukon. The new zone, dubbed Rex, contains three veins. KL-16-314, the first hole drilled at Rex, cut 1.39 meters of 5.9 grams per metric ton gold, 1.74 g/t silver and 0.006 percent copper from 32.61 meters; 1.42 meters of 10.55 g/t gold, 44.7 g/t silver and 0.315 percent copper from 39.75 meters; and 1.48 meters of 7.74...
Rockhaven Resources Ltd. June 30 reported the appointment of Marc Blythe as vice president, project development. Blythe holds a master of business administration degree from La Trobe University in Melbourne and a bachelor of mining engineering degree from the Western Australian School of Mines. He has managed mines for both Placer Dome Inc. and WMC Resources (formerly Western Mining Corp.) during his 22-year mining career. He has a strong understanding of mine feasibility and...
Rockhaven Resources Ltd. May 17 said its 2016 exploration at the Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon Territory, will include 8,000 meters of drilling and metallurgical test work. "The 2016 program is designed to increase the value of the Klaza project through resource expansion, improved processing and new discoveries," explained Rockhaven CEO Matt Turner, Rockhaven's CEO. The work will focus on enhancing the base case...
