The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 204
Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources Canada projects spending this year for mineral exploration and deposit appraisals in the northern territory will total C$81.3 million. But some observers expect to see an uptick in hardrock mining exploration in 2018, especially in the highly prospective Slave Province where the Northwest...
Seabridge Gold Inc. July 16 announced the start of a roughly 8,000-meter drill program targeting a gold-copper porphyry mineral system below the Quartz Rise lithocap on the company's Iskut property in British Columbia's Golden Triangle. Located 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. Three years of work at Quartz Rise, including two small drill...
Seabridge Gold Inc. May 19 announced plans for a roughly 8,000-meter drill program to test for a gold-copper porphyry deposit at its Iskut project in British Columbia's Golden Triangle similar to those on the company's nearby KSM property. "We acquired Iskut because we saw clear evidence of a large porphyry system which looked to be similar in age and geology to our KSM project 30 kilometers to the east," said Seabridge Gold Chairman and CEO Rudi Fronk. Three years of work at...
An updated preliminary economic assessment for Seabridge Gold Inc.'s KSM project provides a first look at the economic and environmental advantages of incorporating the recently expanded, higher grade Iron Cap gold-copper deposit into the mine plan. "The benefits of incorporating Iron Cap into mine plans at an early stage have exceeded the upper end of our expectations, not only for the improvements in projected economics but also for the reduction in environmental impact,"...
One of the most prospective, if not the potentially richest, recent gold discoveries in Yukon Territory is changing owners. Seabridge Gold has agreed to purchase the 3 Aces Project in southeastern Yukon from Golden Predator Mining Corp. for 300,000 Seabridge common shares, contingent future cash payments totaling C$2.25 million and a 0.5% net smelter return royalty on the entire 3 Aces project, the companies reported March 30. The deal also includes an immediate cash payment...
Seabridge Gold Inc. March 30 announced an agreement to acquire full ownership of Golden Predator Mining Corp.'s 3 Aces gold project in the Yukon. Lying alongside the Nahanni Range Road, 3 Aces is an easily accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries and targets in southeastern Yukon. The target concept for 3 Aces is consistent with some of the largest and richest gold districts in the world, including the California...
Seabridge Gold Corp. Dec. 17 said deep penetrating geophysics has identified four additional porphyry targets at its already world-class gold-copper project in British Columbia's Golden Triangle. The four deposits already identified at KSM – Kerr, Sulphurets, Mitchell and Iron Cap – host 2.98 billion metric tons of measured and indicated resources averaging 0.52 grams per metric ton (49.7 million ounces) gold, 0.21 percent (13.9 billion pounds) copper, 2.8 g/t (265 mil...
Seabridge Gold Inc. Oct. 21 reported that geophysical surveys, geochemical sampling and detailed mapping completed this summer has refined porphyry copper-gold drill targets at its Iskut project in northwestern British Columbia. "We believe we have identified a new, high value target that can be explored cost-effectively," said Seabridge Gold Chairman and CEO Rudi Fronk. The summer exploration program has identified a large intrusive system at relatively shallow depth that is...
Seabridge Gold Inc. Aug. 27 announced the start of a 4,000-meter drill program designed to follow-up on high-grade gold identified during 2018 geotechnical drilling within the proposed Sulphurets pit at the company's KSM project in British Columbia's Golden Triangle. The four main deposits at KSM – Kerr, Sulphurets, Mitchell and Iron Cap –host 2.98 billion metric tons of measured and indicated resources averaging 0.52 grams per metric ton (49.7 million ounces) gold, 0.21 per...
With the four main deposit at KSM – Kerr, Sulphurets, Mitchell and Iron Cap – advanced to the mine feasibility stage, Seabridge Gold Inc. June 18 said it is focusing its 2019 exploration program on discovery targets beyond the vast copper-gold resources delineated so far across this property in British Columbia's Golden Triangle. The four KSM deposits host 2.98 billion metric tons of measured and indicated resources averaging 0.52 grams per metric ton (49.7 million oun...
The Tahltan Nation and Seabridge Gold Inc. June 10 announced they have negotiated the terms of a co-operation and benefits agreement in connection with the development of a mine at Seabridge's KSM gold-copper project located in northwestern British Columbia. The Tahltan Nation's 95,933-square-kilometer (37,040 square miles) territory covers 70 percent of British Columbia's Golden Triangle - a world-class mining jurisdiction with a thriving mineral exploration sector. This...
Since its formation in 1999, Seabridge Gold Inc. has amassed very large gold resources and reserves while keeping a watchful eye on the number of shares it has issued. In its 2018 annual report, this Toronto-based exploration company said this has positioned the company well in a world of dwindling gold reserves. "The simple truth is that the industry is not finding gold at the rate it needs to. We are," Seabridge Gold Chairman and CEO Rudi Fronk penned in the report. Over...
Seabridge Gold Inc. March 25 announced a five-year extension of the provincial Environmental Assessment certificate for its KSM copper-gold project in northwestern British Columbia. Originally issued in 2014, the original KSM EA certificate was issued by the Province for an initial five-year term set to expire on July 29, 2019. The new five-year certificate was approved with the same terms and conditions as the original, including the requirement to commence construction of a...
Seabridge Gold Inc. March 12 reported its 2018 drilling has added nearly 8 million ounces of gold and 4 billion pounds of copper to Iron Cap, one of four deposits that make up the company's KSM project in British Columbia's Golden Triangle. Iron Cap now hosts 423 million metric tons of indicated resource averaging 0.41 grams per metric ton (5.58 million oz) gold, 0.22 percent (2.05 billion lb) copper, 4.6 g/t (62.56 million oz) silver and 41 parts per million (38 million lb)...
Seabridge Gold Inc. Dec. 18 said it has encountered the hallmarks of a large copper-gold porphyry system at its Iskut project in northwestern British Columbia. "We acquired Iskut in 2016 because it showed clear evidence of a large porphyry system similar in age and geology to our KSM project 30 kilometers (19 miles) to the east," said Seabridge Gold Chairman and CEO Rudi Fronk. Quartz Rise was the first porphyry target at Iskut tested by Seabridge. Drilling carried out in...
Sojourn Exploration Inc. Dec. 12 reported results from this year's sampling at Todd Creek, a porphyry copper-gold property about 40 kilometers (25 miles) southeast of Seabridge Gold Inc.'s enormous KSM project. A time domain induced polarization survey carried out this year at Todd Creek showed a significant chargeability anomaly underlies the Yellow Bowl zone, a roughly 3,000-meter-long corridor of strongly altered and variably copper-gold mineralized intermediate volcanic ro...
Exceptional widths of higher grade gold and copper mineralization tapped during this year's drilling continues to support the idea that the Iron Cap deposit deserves to be queued up earlier in the plan for a future mine at Seabridge Gold Inc.'s KSM project copper-gold in northwestern British Columbia. The four deposits that make up the KSM project – Kerr, Sulphurets, Mitchell and Iron Cap – encompass 2.2 billion metric tons of proven and probable reserves averaging 0.55 gra...
Sojourn Exploration Inc. Nov. 2 provided preliminary results of reconnaissance mapping, sampling and geophysical surveys on four of its porphyry copper-gold projects in British Columbia, including the Todd Creek and Oweegee Dome projects in the province's prolific Golden Triangle. Sojourn acquired Todd Creek, Oweegee Dome and Willoughby, a third Golden Triangle exploration property, from Millrock Resources Inc. "Sojourn's Todd Creek and Oweegee Dome projects are within...
Decade Resources Ltd. Nov. 6 announced it has staked 19 claims covering the Crest high-grade gold prospect near the town of Hyder in Southeast Alaska. Situated just across the border from British Columbia's Golden Triangle region, these claims are adjacent to Ascot Resources' Premier gold-silver mine property on the Canadian side of the border. Decade's newly staked claims cover the historic Crest property that is described in a 1929 United States Geological Survey bulletin,...
Seabridge Gold Inc. Sept. 24 reported that following delays caused by adverse weather and an unprecedented fire season in British Columbia, the company is back on track to meet its 2018 exploration goals at the KSM gold-copper project in the Golden Triangle. "Weather conditions were far different this year than what we have experienced at KSM over the past decade, forcing us to make program adjustments on the fly. Also, the unprecedented fire activity throughout the province...
Whether it be precious metals such as gold and silver, base metals like copper and zinc, or battery metals like nickel and cobalt, northern British Columbia is rich in the type of metal deposits that junior mining companies are hoping to discover and majors are wanting to mine. Couple this mineral endowment with good infrastructure – especially stacked up against the other jurisdictions in the North of 60 Mining News coverage area – and northern B.C. continues to draw str...
With the four main deposit at KSM – Kerr, Sulphurets, Mitchell and Iron Cap – advanced to the feasibility stage, Seabridge Gold Inc. shifted the focus of its 2019 exploration on discovery targets beyond the vast copper-gold resources delineated so far across this property in British Columbia's Golden Triangle. A prefeasibility study completed in 2016 detailed a mine for KSM that would produce an average of 540,000 oz gold, 156 million lb copper, 2.2 million oz silver, and 1.2...
In 1918, the Premier gold mine opened a few miles north of Stewart, a mining town that is the southern gateway to British Columbia's famed Golden Triangle. Over the ensuing 34 years, this underground operation churned out some 2 million ounces of gold and 45 million oz of silver, making it the largest gold producer in North America during that era. A century later, Premier continues to be in play and modern exploration is unveiling the vast mineral potential that northern...
Continuing its founding strategy of building ounces of gold in the ground per share on the market, Seabridge Gold Corp. had drills turning this year at its projects in British Columbia, Northwest Territories and Nevada. With 45.3 million ounces of gold, 10.2 billion pounds of copper, 183 million oz of silver and 207 million lb of molybdenum in reserves at its KSM and Courageous Lake projects, plus much more gold and other metals in resource categories across its portfolio, Sea...
Reaching commercial production at Brucejack in mid-2017, Pretium Resources Inc. focused this year's work on accelerated underground development and exploration at this bonanza grade underground gold mine. Pretium achieved commercial production at Brucejack in mid-2017, and the operation produced 228,173 ounces of gold during the first nine months of operation. While the mill outperformed its 2,700-metric-ton-per-day capacity, the gold grades being fed into it were lower than...
