The mining newspaper for Alaska and Canada's North
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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...
SEA:TSX SA: NYSE-A Chairman and CEO: Rudi Fronk President: Jay Layman Senior Vice President, Exploration: William Threlkeld Seabridge Gold Inc. is focused on further advancing its KSM (Kerr-Sulphurets-Mitchell) Project near Stewart, B.C., and its Courageous Lake Project in the Slave Province of Northwest Territories, two of its eight advanced-stage gold projects in North America. At KSM, Seabridge launched its 2013 drilling program in late May, following-up on the high-grade copper-gold zone discovered in 2012 below the Kerr...
There's nothing like getting an early start, especially when it comes to mining exploration in Canada's Far North. Literally, there's nothing like the 2013 program that Prosperity Goldfields Corp. kicked off in late February at its Kiyuk Lake Project to the east in southern Nunavut nor the 2013 field campaign launched about the same time by Kaminak Gold Corp. at the Coffee Gold Project in Yukon Territory. In a year when many mining companies are having to scrape together enough exploration funds to even mount a field program...
VANCOUVER, B.C. - British Columbia, Alaska and Yukon Territory - the headliners of the Association for Mining Exploration British Columbia's 2013 Mineral Exploration Roundup - tallied more than C$1 billion of mineral exploration spending in 2012. This marks the second year running that these neighboring jurisdictions at the northwestern extent of the North American Cordillera topped the C$1 billion mark. But unlike the 2012 Roundup, a year in which explosive exploration...
A challenging economic climate in 2012 failed to impede growth in mining activity in Northwest Territories. As miners struggled to fund their work programs, numerous companies managed to plow ahead in the wake of regulatory improvements, advancing projects that could bring even more robust times to the territory's mineral resources sector. The Northwest Territories, one of Canada's three northern territories, is sandwiched between Yukon Territory to the west and Nunavut to the east. With a land mass of nearly 1,347,150...
The Northwest Territories has been closely linked with the mining industry ever since B.A. Blakeney, a prospector on his way to the Klondike, staked the first gold mining claim here in 1898. And although the focus has shifted from gold to diamonds, the industry remains at the forefront of any discussion regarding the NWT's economic well-being: the territory produced over C$2 billion in total mineral shipments in 2011, a staggering total for a jurisdiction which has a population that barely exceeds 40,000 residents. Although...
Northwest Territories, a vast expanse of mountains, forests and tundra, has been slower to experience the surge in mineral exploration and development activities that has swept across Yukon Territory and Nunavut in recent years. But the mining industry is turning its attention to the 1.17 million square kilometers (431,162 square miles) Arctic land - roughly two-thirds the size of Alaska - that lies in between. Permits have been issued for new areas of exploration and claims are being staked in places where such activity has...
SEA: TSX and SA: NYSE Amex Chairman and CEO: Rudi P. Fronk President and COO: Jay S. Layman Senior Vice President, Exploration: William E. Threlkeld Seabridge Gold Inc. is a development stage company focused on the KSM (Kerr-Sulphurets-Mitchell) property in Northwest British Columbia, which is one of the world's largest undeveloped gold/copper projects, and the Courageous Lake property located in the Slave Province of Northwest Territories. "Our business plan from inception has been to grow gold resources and reserves, while...
Sharon McLeod heard that the mining industry was hiring and mining jobs typically paid good wages. "I had worked around heavy equipment and I was working with the local school district, but I couldn't make ends meet," recalled the single mother of two sons. "I thought that my previous experience in the mining industry and in the school district would help, so I applied to the mine. I never got a response." McLeod, 49, then heard about a group focused on helping Aboriginal people get jobs in the mining industry. As a member...
The vast landscape of the Northwest Territories is blessed with an abundance of resources. It is a land filled with opportunity, and much of the mineral wealth remains untapped. Mineral explorers and producers are making best efforts to unlock this potential and seizing the opportunities that await them. The Government of the Northwest Territories strongly supports responsible and sustainable mineral development that yields substantial economic benefits to NWT residents, communities and businesses. Four mines are operational...
GPD: TSX-V Chairman and CEO: William M. Sheriff, B.Sc. President: John Legg, B.A., LLB Vice President Exploration (Canada): Michael G. Maslowski Golden Predator Royalty & Development Corp. was spun out with the precious metal assets of Golden Predator Mines Inc. in 2009. Launching a C$15 million exploration campaign in 2011, the company has followed up on aggressive 2010 exploration of large precious metal projects in Yukon Territory with an eye to becoming a gold producer. Golden Predator holds an extensive Yukon property...
PVG: TSX President and CEO: Robert A. Quartermain, BSc (Hons), MSc, P.Geo, DSc , Chief Development Officer: Joseph J. Ovsenek, ,P. Eng., LLB Chief Exploration Officer: Kenneth C. McNaughton, , M.A. Sc., P.Eng. Pretivm Resources Inc. is a mineral exploration company that is advancing the Brucejack Project, located 65 kilometers (40 miles) north-northwest of Stewart, B.C. and the Snowfield Project, which borders Brucejack to the north, in northern British Columbia. Combined, these projects are among the largest undeveloped...
SEA: TSX and SA: NYSE Amex President and CEO: Rudi P. Fronk Chairman: James S. Anthony Senior Vice President, Exploration: William E. Threlkeld Seabridge Gold Inc. is a development stage company engaged in the acquisition and exploration of gold properties located in Canada. The company is designed to provide its shareholders with exceptional leverage to a rising gold price by increasing its gold ounces in the ground but not to go into production on its own. During the period 1999 through 2002, when the price of gold was...
Pretivm Resources Inc. reported considerable exploration progress this field season at its high-grade gold Brucejack Project in northern British Columbia. The explorer Oct. 17 said it concluded exploration drilling at Brucejack for the season, with 176 holes completed totaling 72,144 meters. Pretivm also reported in September that ongoing drilling at Brucejack continued to demonstrate continuity of high-grade gold mineralization on the property, and visible gold continues to be encountered. Among drilling highlights: Hole...
Mining exploration activity in northern British Columbia approached record levels in 2010 with explorers setting a new drilling record and spending about C$168 million in pursuit of a wide range of minerals, including gold, copper, silver, molybdenum, and rare earth elements, according to a top provincial geologist. Paul Wojdak, regional geologist for the Northwest Region of British Columbia's Ministry of Energy, Mines and Petroleum Resources, said the major good news mining story in 2010 for central and northern British...
Efforts to build an electricity transmission line critical to economic development of northwestern British Columbia moved closer to reality in 2010. Cheered by the prospect of access to cheap power, scores of miners flocked to the region to re-activate dormant projects and scour the mountainous terrain for new discoveries. The Canadian government allocated C$130 million in funding for construction of the Northwest Transmission Line in September 2009, providing critical funding for the estimated C$404 million needed to build...
Diamonds continued to dominate mining production in Northwest Territories in 2010, but other hardrock mineral projects led most of the mineral exploration activity during the year. Yet 2010 is shaping up to be a year of recovery for nearly all of the territory's miners. Rough diamond production from Harry Winston's 40 percent share of the Diavik Mine totaled 650,000 carats in the second quarter, up significantly from 570,000 carats a year earlier. Rio Tinto plc controls 60 percent interest in Diavik, Canada's largest diamond...
SEA: TSX and SA: NYSE Amex President and CEO: Rudi P. Fronk Chairman: James S. Anthony Senior Vice President, Exploration: William E. Threlkeld Seabridge Gold Inc. is a development stage company engaged in the acquisition and exploration of gold properties located Canada. The company is designed to provide its shareholders with exceptional leverage to a rising gold price by increasing its gold ounces in the ground but not to go into production on its own. During the period 1999 through 2002, when the price of gold was lower...
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...
Though most of the gold fever sweeping northern Canada these days is focused on Yukon Territory's White Gold district to the west and near Agnico-Eagle Mines Ltd.'s new Meadowbank Mine to the east in Nunavut, a growing number of explorers are trekking to the territory in between. Mining companies are returning to the Northwest Territories as gold prices set records, including a recent high of US$1,260 per ounce. But most of these explorers are targeting known deposits or previously identified mineralization rather than...
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...
SEA:TSX and SA: NYSE Amex President and CEO: Rudi P. Fronk Chairman: James S. Anthony Senior Vice President, Exploration: William E. Threlkeld Seabridge Gold Inc. is designed to provide its shareholders with exceptional leverage to a rising gold price. From 1999 through 2002, when the gold price was lower, Seabridge acquired nine North American projects with substantial gold resources, including the multimillion-ounce Kerr-Sulphurets-Mitchell deposits near Stewart, British Columbia and the Courageous Lake deposit in...
Seabridge Gold Inc. is inching closer to production of one of the world's five-largest undeveloped gold deposits, the KSM Project located in the Iskut-Stikine region about 65 kilometers, or 40 miles, northwest of Stewart, B.C. The aggressive junior envisions building a huge open-pit copper-gold mine in this highly prolific mountainous terrain, known as the "Golden Triangle" of northern British Columbia. Toronto-based Seabridge has pursued development of the project, which also boasts significant silver and molybdenum resource...
Producing mines Thompson Creek Metals Co. operates the Endako Mine, a molybdenum producer for more than 40 years. Located near Fraser Lake in northern British Columbia, Endako includes three open pits, a mill and a roasting facility, and is operated as a joint venture, with Thompson Creek holding a 75 percent interest and Japan-based Sojitz Corp. having the remaining 25 percent. The miner produced 25 million to 26 million pounds of moly in 2008. Due to a sharp drop in molybdenum prices last year, Thompson Creek decided...
The Northwest Transmission Line along Highway 37 is once again on the front burner in British Columbia, and development of the 517-kilometer-long, or 321-mile-long, power line could provide easier access to Lower 48 markets for power generated in Alaska. British Columbia has resumed the environmental assessment process and First Nations consultation required for the project, following an announcement by the Canadian province's Premier Gordon Campbell Sept. 26 that the power project was back on track. The B.C. government...