The mining newspaper for Alaska and Canada's North
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StrikePoint Gold Inc. Aug. 13 announced the start of a second phase of drilling a Willoughby, a gold-silver project about seven kilometers (four miles) east of Ascot Resources Ltd.'s Red Mountain Mine project in British Columbia's Golden Triangle. StrikePoint acquired Willoughby earlier this year and began a phase 1 drill program on the property in July. This initial phase of drilling targeted the North zone, one of two zones drilled at Willoughby in the 1990s. Gold-silver...
StrikePoint Gold Inc. July 22 announced that it has raised C$2 million, providing funds to begin exploring its newly acquired Willoughby property in British Columbia's Golden Triangle. Located roughly 30 kilometers (19 miles) east of Stewart, Willoughby is an intrusion related gold-silver exploration project with similarities to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west. Drilling from 1989 through 1995 tapped high-grade...
StrikePoint Gold Inc. June 13 announced the formation of a technical advisory committee to assist and provide technical guidance to the management team regarding all aspects of exploration and development of StrikePoint properties. StrikePoint's portfolio includes two gold and silver exploration properties in British Columbia's Golden Triangle – Porter and Willoughby – three in the Yukon – Pluto, Mahtin and Golden Oly – and several other earlier staged properties. Rob McLeod...
StrikePoint Gold Inc. March 20 announced it has entered into a definitive agreement to acquire Willoughby, a gold-silver project about 30 kilometers (19 miles) east of Stewart, from ArcWest Exploration Inc. An intrusion related gold-silver project with similarities to IDM Mining Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west, Willoughby is the second Golden Triangle property StrikePoint added to its portfolio in as many years. The other,...
StrikePoint Gold Inc. Jan. 16 announced that it has signed a letter of intent to acquire Willoughby, a gold-silver exploration project about 30 kilometers (19 miles) east of Stewart, from Sojourn Exploration Inc. Willoughby is an intrusion related gold-silver project with similarities to IDM Mining Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west. Red Mountain, which recently received regulatory approvals to develop an underground mine, hosts...
StrikePoint Gold Inc. Jan. 9 reported that a 25-hole drill program at Porter has cut high-grade silver mineralization within and beyond the historical resource area on this past producing property just outside of Stewart, British Columbia. Located on Mount Rainey, which overlooks Stewart from the south, the Porter property hosts historic silver mines that date back to the dawn of the 20th Century. The majority of the past production on Porter comes from the Prosperity-Porter...
StrikePoint Gold Inc. Nov. 12 announced the discovery of a significant new vein that has the potential to significantly add to the high-grade silver resource at the company's Porter silver project just outside of Stewart, British Columbia. The Porter property hosts three historic silver mines that date back to the early 20th Century – Silverado, which is on the Stewart side of Mount Rainy; Porter-Idaho, located on the opposite side of the mountain about 2,000 meters s...
StrikePoint Gold Inc. Sept. 17 reported samples with as much as 1,432 ounces per metric ton silver, 16.9 grams per metric ton gold and 3.57 percent copper in the first round of assay results from surface sampling at the Porter silver project on Mount Rainy about 2.5 kilometers (1.5 miles) southeast of Stewart, British Columbia. Three historic mines are found on the recently expanded Porter property – Silverado, which is on the mountain facing Stewart; Porter; located about 2...
StrikePoint Gold Inc. has expanded its drill program and land position at its recently acquired Porter Idaho property on Mount Rainey about 2.5 kilometers (1.5 miles) outside of Stewart, British Columbia. On Sept. 12, the Vancouver, B.C.-based exploration company announced the mobilization of a second drill rig to test the potential connection between the historic Silverado and Prosperity-Porter Idaho underground silver mines just above Stewart, British Columbia. Despite only...
StrikePoint Gold Inc. July 16 said it has closed a deal to acquire Porter Idaho, a high-grade silver property in British Columbia's Golden Triangle, from Skeena Resources Ltd. Porter Idaho hosts the historic Silverado and Prosperity-Porter Idaho mines, silver-rich vein systems about 2,000 meters apart, on opposite sides of Mount Rainey. StrikePoint Gold said recent glacial retreat has exposed the ground between these past producing mines sites, providing the first opportunity...
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...
IDM Mining Ltd. Dec. 21 said it has entered into a non-binding letter of intent to sell its extensive portfolio of Yukon properties to StrikePoint Gold Inc., a Vancouver, B.C.-based exploration company with gold properties in Ontario and Manitoba. The Yukon portfolio to be vended to StrikePoint includes 282,000 hectares (696,800 acres) of Yukon mining claims IDM acquired from Oban Mining Corp. late in 2015. This extensive portfolio consists of 51 properties previously held by Ryan Gold Corp. "StrikePoint is very enthusiastic...
Strikepoint Gold Inc. June 7 reported the start of its first exploration program at Mahtin, a Yukon gold project about 40 kilometers (25 miles) southwest of Victoria Gold's Eagle Gold mine project. Early in 2017, Strikepoint cut a deal to acquire 22 Yukon properties from IDM Mining that have been the target of roughly C$25 million of exploration by Ryan Gold Corp. Of these, Strikepoint has selected three - Mahtin, Pluto and Golden-Oly - as ready to be drilled. In preparation for the arrival of a drill to Mahtin, an...
StrikePoint Gold Inc. Oct. 10 reported high-grade silver and gold results from a short mapping and sampling program carried out at its Golden-Oly property in eastern Yukon. The 12-day program focused on Colossus, one of seven geophysical and geochemical targets previously identified on the property. Two vein types were observed at Colossus - quartz-arsenopyrite veins within granodiorite and polymetallic veins around the periphery and into the surrounding country rock. Grab samples from the quartz veins returned up to 10.65...
StrikePoint Gold Inc. Oct. 23 announced that drilling has encountered gold and copper at Pluto, one of 22 Yukon mineral exploration properties the company acquired from IDM Mining earlier this year. Located in the Kluane region of southwestern Yukon, Pluto is an early stage exploration project where prospecting has identified skarn mineralization. The 2017 program at Pluto included 12 rotary air blast drill holes testing two targets - eight at Charon target and four at Hydra. Hole 17-CRN-01, the first hole drilled at Charon,...
Strikepoint Gold Inc. March 31 announced plans for at C$2 million of exploration on the Yukon properties it acquired from IDM Mining earlier this year. The total land package includes 22 properties in the Yukon that have been the target of roughly C$25 million of exploration by Ryan Gold Corp. Of these, Strikepoint has selected three - Pluto, Mahtin and Golden-Oly - as ready to be drilled. Strikepoint is planning a 'surgical' exploration program for 2017 that will focus on...