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 292
Banyan Gold Corp. Sept. 6 announced the results from 36 diamond drill holes that continue to demonstrate the growth potential of the Powerline and Aurex Hill gold deposits on the AurMac property in Yukon, Canada. "The ongoing 2022 drill program continues to expand the gold mineralized footprint of the Powerline and Aurex Hill deposits on the AurMac property," said Banyan Gold President and CEO Tara Christie. "With over 38,000 meters of drilling now complete in 2022, consistent...
Victoria Gold Corp. Sept. 7 reported that its 2022 drilling has cut wide sections of gold mineralization at the Eagle Deep target on the company's Dublin Gulch property in Yukon, Canada. Intended to be an expansion from the 2021 drilling results, this year's program focused on key areas for the potential expansion west of the Eagle Gold deposit currently being mined by Victoria. "Last year's exploration drilling clearly demonstrated there is more to the Eagle deposit than was...
Stratabound Minerals Corp. August 11 announced the end of its 2022 summer field program at the company's Golden Culvert and recently added Win gold projects in southeast Yukon. After optioning Golden Culvert in 2017, Stratabound has spent several years establishing its foothold in the Yukon by advancing this underexplored property that neighbors Seabridge Gold Inc.'s high-grade 3 Aces gold project. Found within the Hyland Gold Belt, a geologic extension of the Tombstone Gold...
Sitka Gold Corp. August 17 announced that it has finished the second phase of its summer diamond drilling at its district-scale RC Gold project in Yukon, Canada. Finishing ahead of schedule, Sitka completed 20 holes for approximately 6,500 meters of drilling during the first two phases of the 2022 program at the 376-square-kilometer (145 square miles) land package in the heart of Yukon's Tombstone Gold Belt. "With the addition of a third drill this summer, Sitka has completed...
Victoria Gold Corp. July 12 reported that its Eagle Gold mine in the Yukon produced 32,055 ounces of gold during the second quarter, resulting in approximately 56,413 oz for the first half of the year, a consistent amount from the Canada miner. "Similar to previous years, the first half of 2022 was a seasonally slow production period at the Eagle Gold mine," said Victoria Gold President and CEO John McConnell. Generally, gold production at heap leach operations like Eagle...
Sitka Gold Corp. July 20 announced an update on the ongoing diamond drill program that began in February at its RC Gold project in the Yukon. Already completing approximately 4,990 meters of drilling in 16 holes, Sitka has focused its efforts on the recently outlined Blackjack zone. "We are very encouraged by the persistent mineralization and several occurrences of visible gold being observed as we continue to step out both laterally and vertically in all directions from...
Dozens of prospectors and junior mining companies are trekking into the bush in Yukon Territory this field season, seeking the next big pot of gold in a fabled land rich with possibilities. Leading the charge is White Gold Corp., which initiated 7,500 meters of drilling, including 5,000 meters of diamond drilling, 1,000 meters of reverse circulation drilling and 1,500 meters of rotary air blast drilling. The 2022 exploration program began with diamond drilling at the Ryan's...
Palladium One Mining Inc. June 13 announced the acquisition of Canalask, a nickel-copper-platinum group elements project near Beaver Creek in the Yukon, from Victoria Gold Corp. The 3,400-hectare (8,402 acres) Canalask property lies alongside the Alaska Highway about 300 kilometers (186 miles) northwest of Whitehorse and near the Alaska border. Exploration on the project dates back to the 1950s when the Canalask footwall zone was originally discovered, drilled, and partially...
After its initial maiden resource estimate in 2020, Banyan Gold has been determined to expand the resource at its AurMac property in the Yukon to more than 3 million ounces of gold, after extensive exploration consisting of large systematic step-out drilling the company has blown well over that mark, achieving nearly 4 million ounces on this northern Canada mine. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Alexco...
Banyan Gold Corp. May 3 reported the final assay results from the diamond drill holes completed during the 2021 exploration program at the Powerline deposit on the company's AurMac property in the Yukon. "The 2021 drill program has demonstrated the extensive nature of gold mineralization around the Powerline deposit on the AurMac property and importantly, defined zones of higher grade near surface gold mineralization," said Banyan Gold President and CEO Tara Christie. "The 202...
Victoria Gold Corp. April 7 reported that its Eagle Mine in the Yukon produced 24,759 ounces of gold during the first quarter, down about 10% from the 26,759 oz produced during the first three months of 2021. The company attributes the drop to periods of exceptionally cold weather over the Yukon winter that impacted gold production. Gold production at heap leach operations such as Eagle lags behind mining, crushing, and ore stacking. With the operational plan over the past...
Victoria Gold Corp. Feb. 28 announced assay results from its 2021 Dublin Gulch exploration program at the Raven gold target about 13 kilometers (eight miles) east of the Eagle Mine, with news quickly following on results from the Lynx target returning results as well. Discovered with soil sampling and trenching in 2018, Raven is a large, near-surface gold target associated with Nugget, the second-largest known intrusive body on the Dublin Gulch property. Trenching in 2018 and...
Victoria Gold Corp. Feb. 24 reported that 6,103 meters of drilling completed in nine holes testing Eagle Deep indicates the potential to add millions of ounces of gold below the reserves at the company's Eagle Mine in the Yukon. Exploring the potential of extending the Eagle deposit from the 350-meter depth considered in the current mine plan to depths of at least 650 meters is part of Victoria's plan to delineate enough mineralization to keep the Eagle Mine in operation out t...
People. Victoria Gold Corp. CEO John McConnell's answer could not be more concise or clear when asked about the secret behind junior exploration turned gold producing company's success in developing, commissioning, and the first year-and-a-half of operations at the Eagle Gold Mine. Not planning, even though having a well-engineered plan and sticking to it was critical to staying on budget and schedule while developing a 200,000-ounce-per-day gold operation in the middle of...
Coeur Mining Inc. Feb. 16 reported strong gold production during the fourth quarter at its Kensington Mine in Southeast Alaska and continued progress toward the restart of an expanded mine at its Silvertip project in Northern BC. During the final three months of 2021, Kensington produced 33,516 ounces of gold from 168,295 tons of ore averaging 0.21 ounces per ton gold. This is nearly a 19% increase over the 28,621 recovered from 160,596 tons of ore during the third quarter....
Banyan Gold Corp. Feb. 2 announced the start of a 30,000-meter drill program at AurMac in the Yukon that is focused on the continued expansion of the Powerline deposit and Aurex Hill zone on this gold exploration project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine. "Exploration at the AurMac property has now resumed with three diamond drill rigs..." said Banyan Gold President and CEO Tara Christie. "The initial focus is the expansion of the Po...
"Due to significant backlogs at assay labs, the results from this program are pending" is the theme for the 2021 mineral exploration season across Alaska and Canada's North. The turnaround times for assay results descended from long during the first half of the year to ad absurdum during the latter half. Backlogs at assay labs are nothing new for mineral explorers in the North of 60 Mining News coverage area. In fact, the ability to completely overwhelm the sample prep...
The Association for Mineral Exploration will recognize 11 leaders who have made significant contributions to the mineral exploration and development industry during the AME Roundup 2022. "The AME Celebration of Excellence Awards recognize the achievements of individuals who contribute to successfully finding, funding and building safe and responsible mineral exploration and development projects," explained AME Chair Jill Tsolinas. The 2021 Celebration of Excellence Awards...
Victoria Gold Corp. sees outsized benefits from a relatively small investment into Project 250, a strategy to increase production at its Eagle Gold Mine in the Yukon to 250,000 ounces during 2023. "Project 250 represents a significant near-term, low-cost opportunity to increase annual gold production at Eagle," said Victoria Gold President and CEO John McConnell. A scoping study completed by Victoria details plans to incorporate an intermediate scalping screen that will...
Assays are pending, the unofficial slogan of the 2021 mineral exploration season across Alaska and Canada's North, is a phrase that continues to echo in a void left by the lack of drill results going into the new year. "'Assays pending' has become one of the least popular phrases around the industry this year, given the painfully slow turnaround time at the labs," Tectonic Metals Inc. President and CEO Tony Reda penned in a year-end update on the Vancouver, British Columbia-ba...
Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from some of the most challenging working conditions in modern history due to the COVID-19 pandemic, placer and hardrock miners stepped up the pace of their activities, posting record production numbers and promising exploration results. With the rollout of COVID vaccines and the prospect...
With the goal of expanding the resource at AurMac to more than 3 million ounces of gold, Banyan Gold Corp.'s 2021 exploration consisted of a large and systematic step-out drill program at the Powerline deposit on this property about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine. Since its maiden resource estimate in 2020, Banyan determined that AurMac hosts 52.6 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz)...
Continuing to expand upon the intriguing trenching and drilling over the previous three seasons, Victoria Gold Corp. carried out C$12.5 million of exploration at Dublin Gulch during 2021, "one of the largest programs in company history," Victoria Gold President and CEO John McConnell said in November. This included deep drilling below current reserves and resources being mined from the Eagle deposit at Dublin Gulch. According to a late 2019 calculation, Eagle hosted 148 millio...
Kicking off the new year, Banyan Gold Corp. Jan. 11 released the analytical results from the next five diamond drill holes drilled during the 2021 exploration campaign at the rapidly developing Powerline deposit on the company's AurMac gold property in the Yukon. In light of the massive delays that has developed for assays, for Banyan to receive these results so early in the year certainly spells a good start to 2022. Located about 40 kilometers (25 miles) south of Victoria...
Victoria Gold Corp. Dec. 16 reported that the global supply chain disruptions have slowed supplies in and gold out of its Eagle Gold Mine in the Yukon. "Like many companies, we are experiencing pressure on our supply chain," said Victoria Gold President and CEO John McConnell. "We continue to work with all of our suppliers very closely to avoid such disruptions as COVID related challenges persist." For Victoria, the gnarled supply chain resulted in a five-week delay for the...
