The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 151 - 175 of 383
White Gold Corp. Oct. 16 announced the discovery of Golden Saddle West, or GS West, a shallow zone of gold mineralization about 750 meters west of the Golden Saddle deposit on the company's White Gold property in the Yukon. The GS West target is found along a structural trend hosting several other targets, including the high-grade Ryan's Showing discovery announced in September. All three holes drilled this year at GS West cut Golden Saddle style mineralization, including 24...
White Gold Corp. reported additional high-grade drill and surface sampling results from the Vertigo and newly discovered Suspicion targets on the company's JP Ross property in Yukon's White Gold District. In mid-September, White Gold Corp. announced that the discovery hole at Vertigo cut 3.05 meters of 56.25 g/t gold from a depth of 3.05 meters. This high-grade section was part of a longer 10.67-meter intercept averaging 17.34 g/t gold. JPRVERRAB18-011, drilled 75 meters west...
Following a couple of quiet months where Alaska's mining industry focused on its work, the last month has seen an explosion of new info come out regarding that effort, some of it profound in its potential immediate, near-term and long-term implications. For example, one of Alaska's largest mines was sold to a new owner at a surprisingly low cost per ounce. The results of a robust new preliminary economic analysis were tabled by an advanced gold-silver exploration project... Full story
Titanium conjures images of the durable and lightweight metal used to build aircraft, replacement hips, high-end bicycle frames and even quality golf clubs. While its outstanding weight-to-strength ratio and corrosion resistance makes this critical metal ideal for these applications, roughly 93 percent of the world's titanium is used to impart a stark whiteness to many of the consumer goods we use every day. "Titanium is different than most other metallic elements in that it...
White Gold Corp. Sept. 17 announced that it has tapped high-grade gold in the discovery hole at the Vertigo target on the company's JP Ross property in Yukon's White Gold District. Near surface gold mineralization was encountered at Vertigo earlier this year with a GT Probe, a track mounted sampling machine engineered by Dawson City-based GroundTruth Exploration. Designed to be more cost-effective and less environmentally invasive than traditional trenching, the GT Probe...
White Gold Corp. Sept. 6 announced the discovery of high-grade gold mineralization in multiple shallow drill holes at Ryan's Showing, a target about 2,000 meters west of the Golden Saddle deposit on the company's White Gold property, Yukon. The Ryan's Showing discovery hole, WHTRYN18RC0001, cut 6.1 meters averaging 20.64 grams per metric ton gold from a depth of 83.82 meters. WHTRYN18RC0002, drilled 100 meters west of the Ryan's Showing discovery, cut 13.17 meters averaging...
Underscoring the interconnected nature of the global mining market, not 48 hours after the John S. McCain National Defense Authorization Act was signed into law, the mining industry began wondering out loud how they were going to produce rare earth element, tungsten, tantalum and molybdenum in the near future. Why these metals and why the worry now? Because one of the many impacts the Defense Authorization Act will have on the U.S. economy is its ban on the U.S. Department of... Full story
White Gold Corp. Aug. 15 said it has begun drilling near-surface high-grade gold mineralization recently discovered at the Vertigo Trend on the company's JP Ross property in Yukon's White Gold District. The Vertigo gold mineralization was encountered using GT Probe, a track mounted sampling machine engineered by Dawson City-based GroundTruth Exploration. Designed to be more cost-effective and less environmentally invasive than traditional trenching, the GT Probe drives a...
White Gold Corp. Aug. 9 said initial results from the resource expansion and exploration program on its White Gold property in the Yukon have returned some of the strongest and most consistent mineralization intercepts drilled to date on the Golden Saddle deposit. A resource calculated earlier this year for the White Gold property outlines 12.32 million metric tons of indicated resource averaging 2.43 grams per metric ton gold (961,000 ounces) gold; plus 5.16 million metric...
Although the Alaska mineral industry is in better health in the middle of 2018 than it has been in the last five years, the spirited recovery that was in progress in the first quarter of the year is now looking more like a dead-cat bounce – a minor recovery after a long down trend. This is particularly true of the exploration sector. Reviewing the Alaska minerals industry, you will note that several exploration projects are only now commencing their 2018 exploration p... Full story
The summer field season is in full bloom across Alaska with programs stretching from the Brooks Range to southeastern Alaska, and from the Yukon border to southwestern Alaska. Exploration targets range from grassroots to mine-site, focused on commodities including gold, silver, lead, zinc, copper, cobalt and graphite. For Alaska's exploration industry, planned, announced and estimated expenditures are well over the $100 million mark for 2018. This expenditure level is well... Full story
Goldstrike Resources Ltd. June 27 said drills are turning on its 156-square-kilometer (60 square miles) Lucky Strike gold property in the heart of the Yukon's White Gold District. Following up on the 1,033-meter maiden drill program carried out last year, the 2018 drill program begins at the Monte Carlo zone, a 1,400- by 350-meter geochemical anomaly where trenching has returned long sections of gold comparable to trenches that led to the discovery at Goldcorp's Coffee gold...
Golden Predator Mining Corp. and Yukon Mint, a Golden Predator subsidiary, May 30 unveiled the First Yukon Mint .9999 gold coin at an event in Toronto, Ontario. Yukon Mint gold coins will be part of a limited annual series of First Nation art selected through design contests on the obverse side and an iconic image of Klondike Gold Rush on the reverse. The First Yukon Mint coin features the work of Kaska Nation artist Miranda Lane, a self-taught artist and spiritual intuitive....
White Gold Corp. May 30 reported it has drills turning at White Gold and Betty, two of the Yukon-focused explorer's highest priority properties. "This is a very exciting time for the company as we begin work on two of our top priorities," said White Gold Corp. CEO David D'Onofrio. A resource calculated earlier this year for the White Gold property outlines 12.32 million metric tons of indicated resource averaging 2.43 grams per metric ton (961,000 ounces) gold; plus 5.16 milli...
One of the most common complaints I hear from companies and individuals working in the mineral industry in Alaska is our deplorable lack of modern, usable-scale digital geophysical and geologic maps. How bad is it? Consider this: the U.S. Geological Survey has estimated that less than 2 percent of Alaska has acceptable geophysical data coverage, and less than 20 percent has been geologically mapped at a scale useful to evaluate the state's mineral resources. Nobody will deny... Full story
Goldstrike Resources Ltd. May 22 said it is mobilizing for the 2018 exploration program at Lucky Strike and other properties it holds in Yukon's White Gold District. This year's exploration will follow-up on the success Goldstrike had on the Lucky Strike property in 2017, where the company completed the first ever drilling into the property's Monte Carlo zone. The company narrowed drill targets at Monte Carlo with trenching in 2016. One trench dug at this 1,400- by 350-meter...
White Gold Corp. is eager to expand known gold deposits and make news discoveries across the roughly 1 million acres (390,000 hectares) of prospective lands it holds in the Yukon's White Gold District. About half of this year's C$9 million exploration program is focused on regional targets across the extensive land holding, including more than 100 rotary air blast (RAB) drill holes, airborne geophysical surveys, over 22,000 soil samples and other exploration activates. The...
Goldstrike Resources Ltd. May 16 announced plans to spin its six properties in Yukon's White Gold District, Yukon into a subsidiary to be known as Luckystrike Resources Ltd. Goldstrike said shifting the White Gold District properties into a separate public company will position these gold assets to be valued on a standalone basis and will allow Goldstrike management to focus on that company's strategic partnership with Newmont Mining Corp. on the Plateau gold property. "We...
Mining is expected to fuel strong economic growth in Nunavut and Yukon in the coming years, according to The Conference Board of Canada's latest Territorial Outlook. "With many new mining projects on the horizon in Nunavut and Yukon, growth is expected to take off over the next five years," said Marie-Christine Bernard, director, provincial and territorial forecasting, The Conference Board of Canada. The conference board's outlook for Northwest Territories, however, is not...
The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – are amongst the rarest metals on Earth. This scarcity, coupled with PGEs' uses in the automotive, petrochemical and electronics industries, has this group of metals firmly planted on the United States Geological Survey's critical minerals list. "PGEs are indispensable to many industrial applications but are mined in only a few places," USGS inked in a 2017 report on platinum gro...
Canada is the world's top destination for mining exploration spending, attracting more than 14 percent of global budgeted expenditures from explorers seeking to tap the country's vast mineral wealth. Yet in 2017, the three huge mineral-rich territories to the north, Nunavut, Northwest Territories and Yukon Territory, lured only about C$360 million, or less than one-fifth of the roughly $2.1 billion that junior and senior mining companies invested in mineral exploration and dep... Full story
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest... Full story
Thanks to its own rich mineral endowment, Australia is a juggernaut in the world of mining, especially across the Southern Hemisphere. Over the past couple of years, however, a growing number of Aussie mining companies are looking north to Alaska, another minerals-rich land way north of the Equator. At least four Aussie juniors – White Rock Minerals Ltd., PolarX Ltd., Nova Minerals Ltd. and Riversgold Ltd. – and three Australia-based metals producers – South32 Ltd., North... Full story
Thanks largely to increased investments from Aussie mining explorers, mineral exploration spending across Alaska topped US$100 million in 2018. This is well above the roughly US$95 million invested last year and nearly double the US$58 million spent at the bottom of the market in 2015. "Canadian and Australian companies continue to be the source for the bulk of funds spent in Alaska in 2018, together comprising well over 80 percent of the exploration expenditures earmarked... Full story
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... Full story
