The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 276 - 291 of 291
VIT: TSX-V President and CEO: Chad Williams Board Chairman: T. Sean Harvey Chief Geologist: Marcus K. Johnston, Ph.D. Victoria Gold Corp., organized in 1981, is a gold exploration company focused on value growth per share through efficient exploration, project development, accretive acquisitions and effective marketing. Its strategy is to maintain a low-risk profile through project diversification and sound financial management and by operating in secure jurisdictions like Yukon Territory. In June 2009 the Toronto-based...
DAWSON, Yukon Territory - "If we hold it, they will come," reasoned Mike Burke, head of Mineral Services at the Yukon Geological Survey. True to his expectations, some 70 prospectors, geologists and junior companies flocked to a Front Street meeting hall here Aug. 11 for the first-ever "Dawson Rocks," a one-day rock show/conference in what is fast becoming one of the world's hottest hardrock mining jurisdictions. A jovial crowd, attendees ranged from prospectors pedaling lucrative quartz claims to juniors touting new mineral...
DAWSON, Yukon Territory - Hardrock mining explorers are capitalizing on unprecedented investor interest and going after paying gold, silver, copper-rich porphyry, lead-zinc and other metal deposits here with uncommon gusto this summer. A few years ago, a multimillion-dollar, single-season exploration program would have been a rare commodity in the Yukon. But this year, at least a half-dozen juniors have joined one major, Kinross Gold Corp., and the Yukon's only producer, Capstone Mining Corp., in forking over megabucks to...
Victoria Gold Corp. is heading into its second season of exploring its Dublin Gulch gold property 85 kilometers north-northeast of Mayo in central Yukon Territory in hopes of expanding the Eagle Gold Project and following-up on promising 2009 trenching results in the Olive and Shamrock zones. Nearly one year after acquiring StrataGold Inc., the former owner of Dublin Gulch, Victoria is still happy with the deal. "We acquired StrataGold because we liked their Yukon assets," said Victoria President and CEO Chad Williams. "There...
No discussion of opening Canada's Far North to mineral resource development could get far without the focus turning to Nunavut, the nation's newest and least-explored territory. At one-fifth the size of Canada, Nunavut contains 1,994,000 million square kilometers, or 770,000 square miles, (nearly three times the size of Texas). Much of the territory is underlain by Archean-aged rocks similar to those found in the most productive geology in Ontario, Quebec, South Africa, Australia, and Brazil. But much of this geology is...
While the White Gold Project continues to grab headlines, at least four other substantial gold projects in central Yukon Territory are quietly striding toward potential development. Yukon officials say it's all part of the plan. The gold projects reporting recent advancements include Victoria Gold Corp.'s Eagle gold project, Atac Resources Ltd.'s Rau Gold Project, Northern Tiger Resources Inc.'s Sonora Gulch Project, and Northern Freegold Resources Inc.'s Freegold Mountain Project. Global mining hot spot Yukon Energy, Mines...
Recession, what recession? That could have been the cry of some gold exploration companies in Yukon Territory in 2009. Thanks to several very impressive gold discoveries in 2008 at a time of unprecedented highs in gold prices, momentum lost in other sectors of Canadian mineral exploration seemed to hardly touch the gold-rich hills of this mining-friendly jurisdiction. Some 63 companies started 2009 with planned exploration programs in Yukon, but before all was said and done, a horde of additional gold seekers poured into the...
Kinross Gold Corp. - operator of the largest gold mine in the Tintina Gold Belt - has embarked on a treasure hunt in hopes of identifying another Fort Knox-like deposit in this gold-rich province. The Tintina belt is a boomerang-shaped swath of land that spans the breadth of Alaska, through the Yukon Territory and into northern British Columbia. While Kinross works to extend the mine life of Fort Knox after 13 years of production through drilling, the Toronto-based miner is also investing in junior explorers with promising pr...
VIT: TSX-V President and CEO: Chad Williams Board Chairman: T. Sean Harvey Vice President, Exploration: Dr. Raul Madrid Victoria Gold Corp., organized in 1981, is a gold exploration company focused on value growth per share through efficient exploration, project development, accretive acquisitions and effective marketing. Its strategy is to maintain a low-risk profile through project diversification and sound financial management and by operating in secure jurisdictions like Yukon Territory. In December the Toronto-based...
Kinross Gold Corp. - operator of the largest gold mine in the Tintina Gold Belt - has embarked on a treasure hunt in hopes of identifying another Fort Knox-like deposit in this gold-rich province. The Tintina belt is a boomerang-shaped swath of land that spans the breadth of Alaska, through the Yukon Territory and into northern British Columbia. While Kinross works to extend the mine life of Fort Knox after 13 years of production through drilling, the Toronto-based miner is...
Victoria Gold Corp. is making good on its promise to put the Eagle Gold Project in east-central Yukon Territory on a fast track once its merger with StrataGold Corp. was completed. The Toronto-based junior June 29 reported the commissioning of a pre-feasibility study and a comprehensive project proposal that satisfies Yukon regulatory requirements and associated permits necessary for development of Eagle Gold, a sizeable, advanced, lower-risk project through its merger with Vancouver, B.C.-based StrataGold Corp., which...
The Northwest Territories has four operating mines: three diamond producers and one long-running tungsten operation. Exploration and development activity was brisk in 2008 with the most advanced projects located in the Slave Province. Here's a look at mining companies active during 2008 in the Northwest Territories: Producing mines BHP Billiton Diamonds Inc. (80 percent) and partners C. Fipke (10 percent) and S. Blusson (10 percent) produced about 3.5 million carats of rough diamonds at the Ekati diamond mine in 2008, making...
Producing mines Early in 2008, Tahera Diamond Corp., owner and operator of Jericho Diamond Mine - Canada's third, and Nunavut's first diamond mine - filed bankruptcy and sought creditor protection. Tahera opened the Jericho in 2006 and recovered and processed 155,000 metric tons (average grade of 0.79 carats per metric ton) during the fourth quarter of 2007, resulting in production of 122,500 carats valued at US$11.6 million, compared with US$8.4 million in the third quarter of 2007. However, financial losses were reported...
An Anchorage judge gave little credence to arguments by a Nome citizens' group that construction of Rock Creek gold mine should be halted, decisively ruling in favor of developer NovaGold Resources. After a hearing in Alaska District Court June 7, Judge Ralph Beistline made his decision the following day. Bering Strait Citizens For Responsible Resource Development had requested an injunction to protect the area's wetlands. The plaintiffs argued that the U.S. Army Corps of Engineers' 404 permit authorizing some of Rock Creek's...
The British Columbia Environmental Assessment Office is seeking public comment on an application for an environmental assessment certificate filed by NovaGold Canada Inc. in May. The Vancouver, B.C.-based junior mining company proposes to construct and operate a $1.1 billion open-pit mine operation at its Galore Creek Project in northwestern British Columbia east of the Alaska Panhandle. NovaGold Canada is 100 percent owned by NovaGold Resources Inc, which is also developing the Donlin Creek and Rock Creek mining projects in...
Saskatchewan, Canada's so-called breadbasket because of its seemingly endless grain fields and also the country's second-largest oil and gas producing province, has hopes of adding diamonds to the portfolio. After years of probing beneath the Prairie and studying the results, two mining companies are inching closer to deciding whether they have the resources to go commercial. Claiming to have control of the world's largest diamond deposits, Victoria, British Columbia-based Kensington Resources and its joint venture partners...
