The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 86
Rockhaven Resources Ltd. Sept. 15 provided results from 10 additional holes drilled its Klaza gold-silver property in Yukon Territory. This batch of results is from drilling at the Central Klaza Zone and sub-parallel vein structures that are developed in the immediate hanging wall and footwall of the zone. Rockhaven said the majority of these subsidiary structures are outside of the current mineral resource model. Highlights include: 9.46 grams per metric ton gold, 84.9 g/t...
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...
Rockhaven Resources Ltd. March 1 released results of a preliminary economic assessment for its Klaza gold property in southern Yukon Territory. The PEA envisions using a combination of open pit and underground techniques to mine the 9.4 million metric tons of inferred resources averaging 4.48 grams per metric ton gold, 89.02 g/t silver, 0.95 percent zinc and 0.75 percent lead at Klaza. The material would be processed through a 1,500-metric-ton-per-day flotation-pressure...
Rockhaven Resources Ltd. Dec. 9 released an updated mineral resource estimate for its Klaza gold-silver project in southern Yukon Territory. Incorporating the 56 holes drilled this year, 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 (197.8 million lbs.) zinc. This marks a 43 percent increase in gold...
Five years of systematic exploration has identified nine parallel zones rich in gold and silver at Rockhaven Resources Ltd.'s Klaza property in southern Yukon Territory that are beginning to look as if they may carry the size and grade to be developed into an economic mine. In January, the junior published a maiden inferred resource estimate of 7.04 million metric tons grading 4.19 grams per metric ton (948,348 ounces) gold and 96.23 g/t (21.78 million ounces) silver for two...
SMD: TSX President and CEO: W. Douglas Eaton Chairman: Bruce Youngman Chief Operating Officer: Ian Talbot Strategic Metals Ltd. has more than 125 mineral properties in the Yukon, making it the largest claim holder in the territory. These properties, along with five in northern British Columbia, are prospective for gold, silver, lead, zinc, copper, tin, tungsten, vanadium. As a prospect generator, Strategic identifies and stakes promising projects and completes initial exploration to confirm the geologic potential of its...
Rockhaven Resources Ltd. Oct. 7 released results from the final 14 holes drilled at its Klaza gold-silver property in southern Yukon Territory during 2015. Highlights from this drilling at the BRX zone include: 14.88 grams per metric ton gold and 162 g/t silver over two meters of hole 271; 18.7 g/t gold and 489 g/t silver over 1.05 meters of hole 264; 9.97 g/t gold and 471 g/t silver over 1.26 meters of hole 274; 15.36 g/t gold and 482 g/t silver over 0.96 meters of hole 256;...
Rockhaven Resources Ltd. Sept. 15 provided results from 10 additional holes drilled its Klaza gold-silver property in Yukon Territory. This batch of results is from drilling at the Central Klaza Zone and sub-parallel vein structures that are developed in the immediate hanging wall and footwall of the zone. Rockhaven said the majority of these subsidiary structures are outside of the current mineral resource model. Highlights include: 9.46 grams per metric ton gold, 84.9 g/t...
Rockhaven Resources Ltd. Aug. 12 reported results from the first four holes of the 2015 diamond drill program at its Klaza gold-silver property in southern Yukon Territory. These holes intersected high-grade gold and silver mineralization in the main structure of the Central Klaza zone and within subsidiary vein structures that are developed in the immediate footwall. Mineralization in the footwall structure was not included in the current mineral resource. Highlights...
Rockhaven Resources Ltd. provided an update on metallurgical testing of material from its Klaza gold-silver property located in the Dawson Range Gold Belt, Yukon Territory. Metallurgical testing was conducted by Blue Coast Research Ltd. on three zone-specific and one property-wide composite. A locked cycle flotation test on a project-wide composite sample, followed by pressure oxidation and carbon-in-leach cyanidation of a gold-bearing sulphide concentrate, yielded overall...
Rockhaven Resources Ltd. July 14 reported the addition of 868 mineral claims to its Klaza gold-silver property in southern Yukon Territory. This major expansion is the result of four separate agreements, including a property exchanged with Strategic Metals Ltd., Rockhaven's largest shareholder. In exchange for five Strategic properties adjacent to or near Klaza (BBB, Sked-Desk, Dade, Queen and Nor), Rockhaven has agreed to transfer five of its distal Yukon properties (Plata,...
Rockhaven Resources Ltd. June 1 said the 2015 exploration and engineering program at its Klaza gold-silver project in southern Yukon Territory is underway. The program will include 15,000 meters of drilling focused on expanding and better defining a maiden inferred resource of 7.04 million metric tons averaging 4.19 grams per metric ton (948,348 ounces) gold and 96.23 g/t (21.78 million oz) silver, reported in March. "We are excited to begin our fully-funded 2015 program...
Rockhaven Resources Ltd. March 25 said it has closed a C$4.41-million private placement with its largest shareholder, Strategic Metals Ltd. The financing consisted of 21 million Rockhaven common shares at C21 cents each. Strategic Metals now holds 48.85 million Rockhaven shares, representing 46.6 percent of the 104.84 million shares of Rockhaven currently issued and outstanding. The proceeds from the private placement will be used to finance additional exploration at...
British Columbia Premier Christy Clark Jan. 26 unveiled C$9 million in new funding to support mining in the province. Clark said the funds will establish a Major Mines Permitting Office to improve coordination of major mine permits across government, add staff to conduct more inspections and permit reviews, and maintain improved turnaround times for notice of work permits. The base budget of the ministry will be increased by about C$6 million, including a portion to make...
In 2014, many junior exploration companies work to preserve capital by undertaking modest exploration programs. The injection of funding into the Yukon Mineral Exploration Program continues to be a valuable source of seed money for prospectors and juniors. The Government of Yukon increased its 2014 program funding to C$1.4 million from C$1.17 million in 2013. Forty-eight placer and hardrock exploration projects received funding in 2014. The program also has increased its limits from C$35,000 to C$50,000 matching dollars per...
Unlike its neighbors in the North, the Yukon Territory is forecasting a marked increase in exploration in 2014. While well shy of the roughly C$300 million invested in exploration in 2011, the peak of the modern Yukon gold rush, the C$65 million forecast to be invested on exploration in the Yukon during 2014 is roughly a 45 percent leap over last year. This exploration spending is dominated by an aggressive drill program at the Selwyn zinc project, situated in an area of...
RK: TSX.V Chief Executive Officer: Matthew Turner President: Rob Carne Chief Operating Officer: Ian Talbot Rockhaven Resources Ltd. released a steady stream of high-grade gold and silver assays from drilling at the Western BRX zone of its Klaza property in southern Yukon Territory over the 2014 field season. As a result of raising an additional C$1.245 million through an exercise of warrants at the end of July, Rockhaven increased it originally planned 12,000-meter drill program at Klaza to 21,000 meters. The Western BRX...
WHITEHORSE, Yukon Territory - Quieter streets, emptier skies, shorter business hours and closed shops here are sure signs of tough times in the mining industry. Hours away by helicopter, one can find bare-bones exploration camps and skeleton staffs sprinkled like the occasional grain of visible gold across remote mountain vistas, which also reflect the return to the frugal times of the past. In the wake of more than two years of scarce capital, mineral exploration activity is a shadow of the booming times the territory...
Rockhaven Resources Ltd.'s Klaza Project located at the end of the Nansen Road in central Yukon Territory may be coming into its own as an exciting precious metals property. After three years of exploration, the junior has amassed 460 claims, enough to comprise 90-square kilometers (35 square miles) within a highly prospective area of the Dawson Range. In addition, Rockhaven, a company spawned by the folks at Strategic Metals Ltd. and Archer, Cathro & Associates Limited, has gradually stepped out from its first drilling in...
RK: TSX-V Chief Executive Officer: Matthew Turner Chief Operating Officer: Ian Talbot Vice-President of Business Development: Marc Blythe Rockhaven Resources Ltd., which holds interests in 11 mineral exploration properties in Yukon Territory, focused in 2013 on the Klaza property which hosts seven parallel, 1-75 meters wide, structural zones of gold-silver mineralization with a cumulative mineralized strike length of 6,100 meters. Rockhaven planned 6,000 meters of excavator trenching focused on expanding the strike lengths...
SMD: TSX-V President and CEO: W. Douglas Eaton Chairman: Bruce Youngman Chief Operating Officer: Ian Talbot Strategic Metals Ltd. has the largest mineral property portfolio in Yukon Territory, with more than 150 properties. In addition to 14 properties optioned to third parties, the company is exploring the Midas Touch Project, which covers 1,200 square kilometers (463 square miles) adjacent to significant new Carlin-style drill discoveries made by ATAC Resources Ltd. and Anthill Resources Ltd. in east-central Yukon...
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...
Ethos Gold Corp. recently wrapped up a second phase of 2012 exploration aimed at identifying a multimillion-ounce gold deposit on its Betty Property located in the White Gold district of Yukon Territory. The junior Sept. 19 reported completing 7,500 meters of reverse circulation drilling in 61 holes, and collecting 8,700 grid soil samples and 166 prospecting samples in 2012 that targeted the 17-square-kilometer (6.56 square miles) Mascot Creek gold-in-soil anomaly at Betty that Ethos outlined in 2011 and where the junior...
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...
RK: TSX-V Chief Executive Officer: Matthew A. Turner Chief Operating Officer: Ian J. Talbot Vice-President of Business Development: Marc G. Blythe, P.Eng. Rockhaven Resources Ltd. currently holds interests in 11 mineral exploration properties in Yukon Territory. The junior focused in 2012 on the Klaza property in central Yukon, which hosts seven parallel, 1-75 meters wide, structural zones of gold-silver mineralization with a cumulative mineralized strike length of 6,100 meters. The zones consist of quartz-sulphide veins, bre...
