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(292) stories found containing 'Victoria Gold'


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  • Victoria Gold Eagle Mine Yukon Canada quarter report record breaking gold output

    Golden quarterly records for Eagle Mine

    Shane Lasley, Mining News|Updated Dec 2, 2021

    Victoria Gold Corp. Oct. 12 reported a record-setting quarter on several fronts at its Eagle Mine in the Yukon, including the ounces of gold recovered. The recently established open pit mine and heap leach recovery operation at Eagle produced 55,827 oz of gold during the third quarter, roughly 58% higher than the same period of 2020 and nearly matching the 58,899 oz produced during the entire first half of this year. Records are made to be broken, and Victoria does not see the...

  • Banyan Gold AurMac Airstrip Powerline Yukon Canada third-quarter update Q3

    Third quarter update from Banyan AurMac

    A.J. Roan, Mining News|Updated Nov 18, 2021

    Banyan Gold Corp. Nov. 9 reported its third-quarter exploration update for its AurMac project in the Yukon, expanding the program to three drills working onsite and culminating in approximately 25,000 meters in more than 120 diamond drill holes this year, with more to come. Since February, the two phases of 2021 drilling at AurMac have quickly approached the targeted 30,000 meters planned for this gold exploration property about 40 kilometers (25 miles) south of Victoria Gold...

  • Rockhaven Resources Klaza project Yukon Canada map Dawson Range Gold Belt

    Rockhaven wraps expanded Klaza program

    Shane Lasley, Mining News|Updated Nov 11, 2021

    Rockhaven Resources Ltd. Nov. 3 reported the successful completion of a 72-hole diamond drill program at its road-accessible Klaza gold-silver project in the Dawson Range Gold Belt of southern Yukon. Originally slated to be 12,000 meters, the 2021 program at Klaza was expanded to 14,256 meters of drilling that included 11 resource expansions, 31 resource upgrades, and 30 exploration holes. A 2020 preliminary economic assessment outlines plans for a mine at Klaza that would...

  • Tectonic Metals Doyon Flat gold project lease agreement ANCSA regional map

    Tectonic leases Doyon's Flat gold project

    Shane Lasley, Mining News|Updated Oct 7, 2021

    Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...

  • Victoria Gold TSX30 Toronto Stock Exchange 13th Yukon Canada Eagle Mine

    Victoria recognized as top 30 on the TSX

    Shane Lasley, Mining News|Updated Sep 23, 2021

    Victoria Gold Corp. Sept. 15 announced that it has been included in the Toronto Stock Exchange's 2021 TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. Trading under the TSX ticker symbol VGCX, Victoria shares have risen 251% over the 3-year span considered for inclusion in the 2021 TSX30, ranking the Yukon gold miner thirteenth on the list. "On behalf of the company, I am very...

  • Banyan Gold Yukon Canada Powerline AurMac property assay results 2022 drilling

    More growth at Powerline for Banyan Gold

    A.J. Roan, Mining News|Updated Sep 16, 2021

    Banyan Gold Corp. Aug. 23 reported assay results for the next five drill holes at Powerline, returning more strong results and further demonstrating the size potential of this gold deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine, AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and A...

  • Victoria record gold production Eagle Mine Yukon Canada

    Eagle Mine hits new monthly gold record

    Shane Lasley, Mining News|Updated Sep 16, 2021

    Victoria Gold Corp.'s Eagle Gold Mine produced 20,744 ounces of gold in August, a month record for Yukon's largest mine. The recently established open pit mine and heap leach recovery operation at Eagle produced 58,899 oz of gold over the first six months of 2021. While this is a 51% increase over the same period in 2020, it was well below the pace needed to achieve the roughly 200,000 oz/year production envisioned. Gold recoveries at heap leach systems in northern climates,...

  • Strategic Metals Oli Bix critical minerals Yukon Canada tin McQuesten River map

    Strategic samples critical tin in Yukon

    Shane Lasley, Mining News|Updated Aug 12, 2021

    Strategic Metals Ltd. Aug. 6 announced significant tin mineralization in samples collected at its Oli and Bix critical mineral projects in the prolific Tombstone-McQuesten mineral belt of central Yukon. Hardrock deposits in the Tombstone-McQuesten belt include Alexco Resource Corp.'s Keno Hill silver-lead-zinc mines; Victoria Gold Corp.'s Eagle gold mine and Mar tungsten deposit; Banyan Gold Corp.'s AurMac gold deposit; and Golden Predator Mining Corp.'s Brewery Creek gold...

  • Victoria Gold Eagle Mine Yukon Canada heap leach gold Q2 2021 production

    Eagle gold output trends higher in Q2

    Shane Lasley, Mining News|Updated Jul 29, 2021

    Victoria Gold Corp. July 12 reported that its Eagle Mine in the Yukon produced 32,140 ounces of gold during the second quarter of 2021. As a result, the recently established open pit mine and heap leach recovery operation produced 58,899 during the first half of this year, a 51% increase over the same period in 2020. Gold production at heap leach operations such as Eagle lags behind mining, crushing, and ore stacking. Additionally, gold recoveries at heap leach systems in...

  • Banyan Gold AurMac Powerline Aurex Hill Victoria Eagle assay results map Canada

    Exciting Powerline assay batch rolls in

    A.J. Roan, Mining News|Updated Jul 1, 2021

    Banyan Gold Corp. June 21 reported that assay results from an additional five holes drilled this year at its AurMac property in the Yukon have identified particularly strong gold mineralization to the east of the company's Powerline deposit. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine, AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and A...

  • Victoria Gold Dublin Gulch Raven target expanded 2021 exploration program

    Victoria Gold steps up drilling at Raven

    Shane Lasley, Mining News|Updated Jun 24, 2021

    Victoria Gold Corp. May 25 announced that an expanded 2021 exploration program that includes 15,000 meters of drilling focused on establishing a maiden resource at the Raven gold target is now underway at the company's Dublin Gulch property in the Yukon. "Victoria is excited to begin the 2021 exploration program at Raven," said Victoria Gold President and CEO John McConnell. Located about 13 kilometers (eight miles) east of Victoria's Eagle Mine, Raven is a large,...

  • Victoria Gold GT Western Copper Rio Tinto Newmont Coeur Yukon British Columbia

    Major moves on northern mine projects

    Shane Lasley, Mining News|Updated Jun 24, 2021

    The ultimate goal for most junior exploration companies is to discover and advance a mineral deposit to the point that it is large and rich enough to attract the attention of a major mining company to swoop in and nab a stake through an investment in the project or even an outright buyout of the junior. Sometimes, if the global market conditions are right and the project shows enough promise, majors will invest in a project long before an economically viable mining project...

  • Banyan Gold Yukon Canada Aurex Hill AurMac Powerline Phase 1 drilling map

    Banyan begins phase 1 Aurex Hill drilling

    A.J. Roan, Mining News|Updated Jun 17, 2021

    Banyan Gold Corp. June 14 announced the start of an initial phase of 2021 drilling at the Aurex Hill target on its AurMac gold project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Mine in the Yukon. AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Aurex Hill is an intriguing resource expansion target that lies about 1,200 meters east of Powerline. "...

  • Yukon gold mine Coeur Mining Orion investment buyout merger acquisition

    Coeur nabs major stake in Victoria Gold

    Shane Lasley, Mining News|Updated Jun 3, 2021

    Coeur Mining Inc. is investing roughly US$117.2 million (C$141.7 million) to acquire a 17.8% interest in Victoria Gold Corp. and its Eagle Gold Mine in Canada's Yukon – a foothold that could see the Chicago-based miner gaining a much larger position in a northern gold mine it has been keeping an eye on. "We have long admired the quality of Victoria's Eagle asset and its recent success in ramping up operations," said Coeur Mining President and CEO Mitchell Krebs. Victoria t...

  • Strategic Metals Mount Hinton Upper Canada Mining assays 2020 drill program

    Upper Canada options Strategic's Mt Hinton

    Shane Lasley, Mining News|Updated May 27, 2021

    Strategic Metals Ltd. April 22 announced that it has granted Upper Canada Mining Inc. the right to earn up to a 70% interest in the Mount Hinton gold project in the Yukon. Upper Canada Mining is a privately held, Calgary, Alberta-based minerals exploration and mining company primarily focused on gold and silver. Mount Hinton is a good fit for such a company. Found along the southeast side of Alexco Resource Corp.'s Keno Hill Silver Mine property and about 22 miles (35 kilomete...

  • Banyan Gold AurMac Powerline Airstrip resource calculation 2020 map

    Banyan taps consistent gold at Powerline

    Shane Lasley, Mining News|Updated May 20, 2021

    Banyan Gold Corp. May 18 reported assay results from five holes that are continuing to outline consistent zones of gold mineralization in expansion targets at the Powerline deposit on the AurMac project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Mine in the Yukon. AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Airstrip hosts 46 million metric t...

  • Victoria Gold Yukon Canada Eagle Mine Q1 2021 first quarter gold output

    Eagle 2021 gold output ahead of schedule

    Shane Lasley, Mining News|Updated Apr 29, 2021

    Victoria Gold Corp. April 6 reported that its Eagle Mine in the Yukon produced 26,759 ounces of gold during the first quarter of 2021. While significantly less than the 45,000- to 50,000-oz quarterly average the company hopes to achieve this year, it is a 250% increase over the 10,544 oz produced during the first quarter of 2020 and ahead of the schedule for this year. Gold production at a heap leach operation such as Eagle lags behind mining, crushing, and ore stacking. With...

  • Banyan Gold Yukon AurMac Powerline-Aurex Hill 2020 assay results drill program

    Growing Banyan's Powerline gold deposit

    Shane Lasley, Mining News|Updated Apr 22, 2021

    Banyan Gold Corp. April 21 said the final set of assay results from the 2020 drill program at its AurMac project in the Yukon continue to confirm the expansion potential of the near-surface Powerline gold deposit. "All of these final 2020 step-out diamond drill holes to the east of the Powerline deposit intersected gold mineralization and have demonstrated gold mineralization remains open in all directions – a further validation of the expansion potential of the n...

  • Rockhaven Resources 2020 drill program Klaza PEA bonanza grade Matt Turner

    Drills turn up intriguing Klaza targets

    Shane Lasley, Mining News|Updated Mar 25, 2021

    Rockhaven Resources Ltd. Feb. 18 announced that its 2020 drilling tapped new bonanza grade gold-silver encountered during a 2020 drill program targeting areas that lie outside the already defined deposit on its road-accessible Klaza project about 50 kilometers (31 miles) west of Carmacks, Yukon. A preliminary economic assessment completed last year outlines plans for a mine at Klaza that would produce roughly 750,000 ounces of gold and 13.8 million oz of silver over a 12-year...

  • Victoria Gold Eagle Mine 200k ounces of gold 2021 estimate John McConnell Yukon

    Up to 200k oz gold expected at Eagle Mine

    Shane Lasley, Mining News|Updated Mar 25, 2021

    Victoria Gold Corp. March 1 announced that it estimates between 180,000 and 200,000 ounces of gold production at Eagle Mine during 2021, the first full year of commercial production at the newly established Yukon operation. Reaching commercial production on July 1, Eagle Mine produced 116,644 oz gold during 2020, which included 38,896 oz recovered during non-commercial production over the first six months of the year. During the first three months of commercial production,...

  • Seattle Washington Alaska Klondike Gold Rush Gateway to the North Yukon history

    The man who linked Seattle to Alaska gold

    A.J. Roan, Mining News|Updated Mar 25, 2021

    As the historian Murray Morgan once observed, Seattle residents "tend to look on Alaska as their very own... Seattle stores display sub-arctic clothing, though Puget Sound winters are usually mild; Seattle curio shops feature totem poles, though no Puget Sound Indian ever carved one." This perception is possibly one of the largest legacies of the Klondike Gold Rush, which links Seattle and the Last Frontier in the public mind. Yet, the success and brotherhood shared between...

  • Banyan Gold AurMac Aurex Hill final assay results map Yukon Canada 2020

    Enormous AurMac gold expansion targets

    Shane Lasley, Mining News|Updated Feb 25, 2021

    Banyan Gold Corp. Feb. 24 announced the final assay results from a 2020 drill program that significantly expanded the footprint of gold mineralization at AurMac, a road accessible project about 56 kilometers (35 miles) northeast of Mayo, Yukon and roughly 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle gold mine. According to a May calculation, two at-surface deposit at AurMac host 52.58 million metric tons of inferred resource averaging 0.54 grams per metric...

  • Mining Explorers 2020 Yukon White Gold ATAC Resources Minto Explorations

    Yukon explorers rally after late start

    Rose Ragsdale, For Mining News|Updated Feb 11, 2021

    From the first glimpse of a potential new discovery to watching the first load of ore pour into a new mill, mineral explorers working in Yukon Territory during 2020 reported experiencing the full gamut of mining highs. Encouraged by the commissioning of the Eagle Gold Mine, government grants for exploration projects, and metals prices, dozens of juniors rushed to the Yukon to chase prospects in the northern territory. "Based on the historic trends, coming into 2020, it looked...

  • White Rock Minerals AuStar Gold merger Red Mountain Last Chance Alaska Australia

    White Rock to grow with golden merger

    Shane Lasley, Mining News|Updated Feb 11, 2021

    White Rock Minerals Ltd. and AuStar Gold Ltd. Feb. 2 announced plans to merge into a larger mining company with a world-class portfolio of assets that include the large Red Mountain silver-zinc-gold-lead and Last Chance gold projects in Alaska, and a portfolio of exploration to producing gold assets in Australia. Under the arrangement proposed by the two companies, White Rock will acquire AuStar by issuing 0.78 White Rock shares for every AuStar share issued to shareholders....

  • Mining Explorers 2020 Yukon Banyan Gold Tara Christie AurMac Airstrip Powerline

    Banyan expands Yukon gold, properties

    Shane Lasley, Mining News|Updated Jan 18, 2021

    Banyan Gold Corp. posted a maiden 903,945-ounce inferred gold resource for AurMac, the new name for the company's combined Aurex ‎and McQuesten properties in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 10 kilometers (six miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. Banyan's drilling over the previous two years has f...

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