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 204
Eskay Mining Corp. March 21 announced that analysis of soil and rock chip sampling, coupled with results from an expanded aerial transient electromagnetic geophysical survey, has defined numerous new drill targets in three focus areas on the company's Consolidated Eskay gold-silver project in Northern British Columbia. "In 2021, we collected critical data including soils, rock chip samples, and an expanded SkyTEM survey over three targeted areas: the greater TV-Jeff region,...
Seabridge Gold Inc. March 1 announced that its wholly-owned subsidiary, KSM Mining ULC, has signed an agreement with British Columbia Hydro and Power Authority to supply the world-class KSM copper-gold-silver project with hydroelectricity. Under this agreement, KSM will connect to BC Hydro's existing Northwest Transmission Line at a switching station located where KSM's Treaty Creek access road meets Highway 37. KSM Mining has already completed the design for a 30-kilometer...
Seabridge Gold Inc. Feb. 26 announced that it has secured US$225 million (C$285 million) to advance its world-class KSM copper-gold-silver project in British Columbia's Golden Triangle to the status of "substantially started." Sprott Resource Streaming and Royalty Corp. ("Sprott") and Ontario Teachers' Pension Plan have agreed to purchase a US$225 secured note from KSM Mining ULC, a Seabridge subsidiary, that these investors can exchange for a 60% gross silver royalty for the...
In a move that will help ensure that the First Nations people and communities in British Columbia's Golden Triangle benefit from the rising mining activity in their incredibly mineral-rich traditional territory, Tahltan Nation Development Corp. has secured the rights to sell Sandvik mining equipment, parts, tools, and digital solutions in northwestern British Columbia and neighboring Yukon. "Sandvik's global reputation for safety, quality, performance, customer service...
Seabridge Gold Inc. Feb. 1 reported that its 2021 drilling at KSM shows that its new 25.9-million-ounce Snowfield deposit is essentially a continuation of its 34.3-million-oz Mitchell deposit, which bodes well for incorporating Snowfield into a prefeasibility study that considers an even larger mine at KSM. A 2016 PFS detailed plans for a mine at KSM that would produce an average of 540,000 oz gold, 156 million lb copper, 2.2 million oz silver, and 1.2 million lb molybdenum...
After adding 25.9 million ounces of gold to its already world-class KSM project in British Columbia's Golden Triangle at the close of 2020, Seabridge Gold Inc. focused most of its 2021 exploration on bringing this new resource into the mine plan and discovering another KSM-like deposit on the nearby Iskut property. The massive expansion of resources is the result of an agreement to acquire the Snowfield property on the east border of the KSM property from Pretium Resources...
Covering a trend of volcanogenic massive sulfide gold mineralization between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project to the west, Eskay Mining Corp.'s namesake project lies at the heart of some of the richest real estate in British Columbia's Golden Triangle. And a roughly 23,500-meter drill program carried out by Eskay during 2021 indicates that this 52,000-hectare (128,500 acres) property is as well mineralized a...
Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,...
Eskay Mining Corp. Dec. 8 said the assay results rolling in from the 2021 drilling at its Consolidated Eskay project indicate the TV and Jeff deposits are parts of a larger precious metal-rich volcanogenic massive sulfide mineralized system. Covering a trend of VMS gold-silver mineralization that extends south from Skeena Resources Ltd.'s Eskay Creek mine project – between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project t...
Early results from the 2021 drill program at KSM project support Seabridge Gold Inc.'s concept of mining more gold-rich reserves from open pits at the Snowfield and Mitchell deposits prior to the start of underground block cave mining at this world-class gold-silver-copper project in British Columbia's Golden Triangle. Lying immediately east of Mitchell, one of four deposits on Seabridge's KSM property, Snowfield hosts 1.37 billion metric tons of measured and indicated...
Enduro Metals Corp. Oct. 18 announced the discovery of a new porphyry copper-gold system at Burgundy Ridge on the company's 654-square-kilometer (253 square miles) Newmont Lake project in British Columbia's Golden Triangle. Several shallow holes completed during a first-pass drill program at Burgundy Ridge during 2019 cut mineralization, including one hole that cut 91 meters averaging 0.38% copper and 0.3 grams per metric ton gold from a depth of 36 meters. Following up on...
Seabridge Gold Inc. Aug. 11 reported that a magnetotelluric geophysical survey carried out at Iskut earlier this year has further refined targets for a roughly 3,200-meter drill program testing for a gold-copper porphyry mineral system similar to those on the company's nearby KSM project in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) west of Seabridge's world-class KSM gold-copper project, Iskut is home to the historical high-grade Johnny...
In a deal that is expected to lower costs and improve safety for two companies with exciting projects at the heart of British Columbia's Golden Triangle, Seabridge Gold Inc. and Eskay Mining Corp. have agreed to share the C$12-million cost of building nine kilometers (5.6 miles) of road that will extend onto Eskay Mining's exploration property. Branching off the road that provides access to Skeena Resources Ltd.'s Eskay Creek gold-silver mine project, this will be the first...
Less than two months after ending its plans to merge with Viva Gold Corp., Golden Predator Mining Corp. has cut a deal to join forces with another junior advancing a gold mine in America's Southwest. In a deal announced on June 28, Golden Predator plans to merge with Arizona Gold Corp. to create Sabre Gold Corp., an emerging North American gold producer with the fully permitted Copperstone gold mine in Arizona and the past-producing Brewery Creek gold mine in Canada's Yukon....
Seabridge Gold Inc. June 15 reported that a contractor at its recently acquired 3 Aces gold project in Canada's Yukon tested positive for COVID-19 when the company conducted a rapid antigen shortly after the person's arrival to carry out preliminary work at the project. Three other individuals who came into close contact with this individual have all tested negative for COVID-19 following the completion of rapid antigen tests by Seabridge. All four individuals are in...
Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive amounts of this conductive metal for the green energy and electric mobility transition envisioned over the next three decades. In its report, "Copper is the new oil," Goldman Sachs forecasts that the electrification of transportation and decarbonization of electrical generation...
StrikePoint Gold Inc. Feb. 3 announced the discovery of a new zone of high-grade gold-silver mineralization at its Willoughby project near Stewart in British Columbia's Golden Triangle. Willoughby, which lies about four miles (seven kilometers) east of Ascot Resources Ltd.'s Red Mountain Mine project, hosts at least three styles of mineralization in eight known areas, two of which were tested by a 1,715-meter drill program completed during 2020. Two of the six holes drilled...
One of few mineral explorers active in Yukon Territory during the mining industry's 2020 beleaguered field season recently reported encouraging results that give credence to the idea that a new gold camp may be on the verge of emerging in Canada's North. Stratabound Minerals Corp. completed a late-season exploration program last year on its 84-square-kilometer (32.4 square miles) Golden Culvert property, along a 24 kilometer- (15 miles) long mineralized trend in Southeastern...
Pretium Resources Inc. Jan. 18 reported that its Brucejack Mine in Northern British Columbia produced 347,743 ounces of gold during 2020, slightly above the midpoint of the company's 325,000 to 365,000 oz guidance set at the beginning of the year. "For the first time in the company's history we have achieved our annual production guidance, demonstrating the hard-work and perseverance of our team in light of the exceptional challenges we faced this year," said Pretium Resources...
Enduro Metals Corp. Feb. 9 reported that assay results show that the first four holes of the 2020 drill program at its Newmont Lake project in Northern British Columbia tapped shallow high-grade gold associated with longer intervals of bulk-tonnage mineralization. "That is exactly what we want because ultimately near-surface high-grade gold mineralization in the Golden Triangle is commonly spatially associated with a porphyry deposit," said Enduro Metals CEO Cole Evans....
Challenged by a global pandemic and a particularly wet summer, many of Northern British Columbia's mineral explorers became adept to adjusting on the fly as they endeavored to unlock the rich precious, base, and battery metals potential of this section of the Pacific Cordillera. With companies like Skeena Resources Ltd. and Ascot Resources Inc. running year-round drill programs as they seek to establish a new era of gold-silver mines at historic operations in the Golden Triang...
Successfully incorporating the recently expanded, higher grade Iron Cap gold-copper deposit into the mine plan for the already enormous KSM project in British Columbia, Seabridge Gold Inc. shifted its focus to other endeavors, including the acquisition of gold-rich properties in BC and the Yukon. An updated preliminary economic assessment for KSM envisions a combined open pit and underground block cave mining operation feeding a 170,000-metric-ton-per-day mill that would...
Seabridge Gold Inc. has added 25.9 million ounces of gold to its 49.7 million oz of gold in measured and indicated resources at its already world-class KSM project in British Columbia's Golden Triangle. This 52% increase in gold resources is the result of an agreement to acquire the Snowfield property on the east border of the KSM property from Pretium Resources Inc. In a deal announced on Dec. 4, Seabridge will pay Pretium US$100 million for Snowfield, plus a contingent payme...
Seabridge Gold Inc. Nov. 11 reported that this year's 8,961-meter drill program at Iskut provides further evidence of a large porphyry copper-gold system lying below the drilling completed so far at this early staged exploration project in the heart of British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) west of Seabridge's world-class KSM gold-copper project, Iskut is home to the historical high-grade Johnny Mountain gold-silver-copper mine. Seabridge...
Ten years ago, Yukon Territory witnessed a minor stampede of mineral explorers, hoping to cash in on new gold discoveries in the White Gold District south of Dawson City. A decade later, gold hunters are again targeting prospects across the northern Canadian territory, drawn by the recent successful startup of a new gold mine at Victoria Gold Corp.'s Dublin Gulch Property east of Dawson City in central Yukon as well as discoveries of other rich aurum deposits in Yukon....
