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 204
Seabridge Gold Inc. Dec. 14 announced that its first-ever drilling at Snip North discovered the upper parts of a new copper-gold porphyry system that may be part of a much larger mineralized trend on the company's Iskut project in British Columbia's Golden Triangle. Iskut, which is about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, is home to the 1980s-era Johnny Mountain gold-silver-copper mine. Over the past four years, Seabridge has focused...
Seabridge Gold Inc. July 18 announced the start of its first full drill program at the company's 3 Aces gold project in Yukon, Canada, which aims to complete 7,500 meters of drilling. Lying alongside the Nahanni Range Road, 3 Aces is a road-accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries and targets in southeastern Yukon. After acquiring the project in 2020, Seabridge has been refining its model and geological...
Seabridge Gold Inc. May 30 announced the start of a more than 12,000-meter drill program to test high-level porphyry copper-gold targets on the company's Iskut property in Northern British Columbia's Golden Triangle. "We are excited to get our program started early in the field season after last year's success at Iskut," said Seabridge Gold Chairman and CEO Rudi Fronk. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to...
Seabridge Gold Inc. May 25 announced that it is preparing for a 7,500-meter drill program at 3 Aces, a road-accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries in southeastern Yukon. 3 Aces, which hosts two of the highest-grade surface outcrops ever discovered in the Yukon, has 30 mineralized veins which have been discovered through sampling, trenching, roadwork, and drilling within its Central Core area. Seabridge, which...
Cash from royalty sold to Sprott will help elevate BC copper-gold-silver mine project to "substantially started" status. Seabridge Gold Inc. May 11 announced that it has raised US$150 million (C$201 million) to carry out the work required to elevate KSM to the "substantially started" status, which will ensure the longevity of the environmental assessment certificate for this copper-gold-silver mine project in British Columbia's Golden Triangle. Once a certain threshold has...
The North of 60 Mining area hosts billions of pounds of copper ready to be delivered to a world craving this metal in sky-high demand for wiring the electric vehicles and renewable energy infrastructure that would enable the envisioned low-carbon future. Whether enough of these copper-rich projects are developed in time to circumvent a short circuit of the clean energy transition remains to be seen. Global Market analysts such as S&P Global have predicted that copper...
British Columbia's Golden Triangle is poised for a mining boom that raises the bar when it comes to achieving the higher environmental, social, and guidance expectations for companies that produce the gold, silver, copper, and other metals the world needs and wants. While this mineral district in BC's northwest corner is famed for its rich stores of copper, gold, and silver – and to a lesser degree, nickel, cobalt, platinum group metals, and other critical minerals – the ESG...
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020....
Although small, program confirmed model and sets groundwork for 2023 exploration program. Seabridge Gold Inc. Jan. 17 announced that its drilling has concluded, and assay results from the limited 2022 program have been received from the company's 3 Aces project in Yukon, Canada, which established the target parameters for the major drill program this year. Agreeing to purchase the 3 Aces project in southeastern Yukon from Golden Predator Mining Corp. in 2020, Seabridge has...
Seabridge Gold Inc. Jan. 9 announced that its 2022 drill program discovered a large, well-mineralized breccia pipe beneath the historic Bronson Slope skarn deposit at its Iskut project in British Columbia's Golden Triangle. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to the 1980s-era Johnny Mountain gold-silver-copper mine. Over the past four years, Seabridge has focused its exploration on discovering a large porphyry...
With open pit mineable reserves that can support a financially robust mine capable of averaging more than 1 million ounces of gold, 3 million oz of silver, 178 million pounds of copper and 4.2 million lb of molybdenum annually for 33 years, Seabridge Gold Inc.'s KSM project in British Columbia's Golden Triangle is world-class by all measures. This operation, which was detailed in a prefeasibility study completed in June, does not consider the block cave mining of underground...
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical...
Optimum Ventures Ltd. Dec. 14 announced that it has acquired the Salmon gold property in the Hyder Mining District of Southeast Alaska. A TSX Venture Exchange-listed junior, Optimum has been exploring gold-silver projects near Hyder, Alaska, and just across the border in British Columbia's Golden Triangle since 2021. In November, Optimum announced that it had entered into an agreement to acquire all the shares of 1309762 B.C. Ltd., a private company that owns the Salmon...
Eskay Mining Corp. Dec. 15 reported that its 2022 drilling has expanded the TV-Jeff volcanogenic massive sulfide deposits on its namesake gold-silver project in Northern British Columbia. Covering a corridor of VMS mineralization trending south from Skeena Resources Ltd.'s Eskay Creek gold-silver project, and lying between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project to the west, Eskay's property lies at the heart of so...
Seabridge Gold Inc. Sept. 22 announced that it has been bestowed the 2022 Jake McDonald Annual Mine Reclamation Award for its C$12 million environmental cleanup and reclamation program at the Johnny Mountain Mine on its Iskut property in Northern British Columbia. "It's a great honour to be recognized with the prestigious Jake McDonald Annual Mine Reclamation Award, which further validates our reputation as a 'responsible operator' and our commitment to protect the...
Short window, hopes to generate almost 2,000 meters of core Seabridge Gold Inc. Sept. 12 announced it has received the permits needed to carry out a drill program now underway at its 3 Aces gold project in southeastern Yukon. The Yukon Department of Energy, Mines, and Resources issued Seabridge a class 4 exploration permit, which allows the company to establish a camp and carry out field activities that include line cutting, trenching, geological mapping, geophysical surveys,...
Stratabound Minerals Corp. August 11 announced the end of its 2022 summer field program at the company's Golden Culvert and recently added Win gold projects in southeast Yukon. After optioning Golden Culvert in 2017, Stratabound has spent several years establishing its foothold in the Yukon by advancing this underexplored property that neighbors Seabridge Gold Inc.'s high-grade 3 Aces gold project. Found within the Hyland Gold Belt, a geologic extension of the Tombstone Gold...
Following the 33 years of surface mining outlined in a recent prefeasibility study, the KSM project in British Columbia's Golden Triangle would still have enough resources to support an additional 39 years of underground mining, according to a new preliminary economic assessment prepared for Seabridge Gold Inc. In early July, Seabridge published the results of a prefeasibility study for an open-pit mining operation at KSM that would produce an average of more than 1 million...
An updated prefeasibility study details plans for a financially robust mining operation at Seabridge Gold Inc.'s KSM project in British Columbia's Golden Triangle that will produce an average of more than 1 million ounces of gold, 3 million oz of silver, 178 million pounds of copper and 4.2 million lb of molybdenum annually for 33 years. Unlike a PFS completed in 2016, this new study does not include block cave mining of the deeper resource found at the world-class deposit....
Seabridge Gold Inc. June 13 reported that it is preparing to launch a drill program to test the Bronson Slope and Quartz Rise gold-copper targets along a recently recognized trend of mineralization on the company's Iskut property in British Columbia's Golden Triangle. "We have identified a regional trend that seems to be a primary control on the distribution of mineralized intrusive centers and this discovery has created considerable excitement in our team," said Seabridge...
Eskay Mining Corp. June 1 launched a 30,000-meter drill program at the company's Consolidated Eskay gold-silver project in Northern British Columbia. "2022 brings the most aggressive drill campaign ever undertaken at the Consolidated Eskay VMS Project," said Quinton Hennigh, a technical advisor and director of Eskay Mining. Covering a corridor of volcanogenic massive sulfide gold mineralization trending south from Skeena Resources Ltd.'s Eskay Creek gold-silver project, and...
Seabridge Gold Inc. May 24 announced that it has entered into a contribution agreement with the Liard First Nation to build positive working relations and to enable the First Nation a meaningful review and analysis of Seabridge's expected activities at the 3 Aces gold project in southeastern Yukon. "As a responsible exploration company, we are committed to building a meaningful and positive working relationship with our Indigenous partners," said Seabridge CEO Rudi Fronk. "We...
While Golden Triangle is an apt and easily marketable moniker for northwest British Columbia's incredible mineral endowment, Tahltan Territory more accurately and thoroughly encapsulates the rich deposits of copper, gold, silver, nickel, platinum group elements, and other metals for which this region has gained international renown. Extending east from the Alaska border to the Cassiar Mountain range and north from the Nass and Skeena Rivers into the Yukon, the roughly...
Seabridge Gold Inc. April 14 announced that Mitchell and East Mitchell, two of the five deposits on the company's KSM project in British Columbia's Golden Triangle, host a combined 72 million ounces of gold, 323 million oz of silver, 11.9 billion pounds of copper, and 171 million lb of molybdenum. Seabridge acquired East Mitchell, then known as Snowfield, from Pretium Resources Inc. toward the end of 2020. A drill program carried out last year confirmed that the neighboring...
Aben Resources Ltd. April 19 announced an update for its Justin gold project in southeastern Yukon, including the ongoing search for a partner to move the nearly decade-old project forward. The 7,400-hectare (18,286 acres) Justin gold project, which lies immediately southeast of Seabridge Gold's high-grade 3 Aces gold project and approximately 35 kilometers (22 miles) southeast of the Cantung Mine, is equipped with an all-season road running through its claims. Exploration...
