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  • Mining Explorers 2011: Explorers swarm Canada's Far North

    Rose Ragsdale, For Mining News|Updated Nov 6, 2011

    Throughout the 2011 field season, explorers pushed the envelope in Yukon Territory, scrambling to target and assess rapidly increasing numbers of deposits of gold, silver and base metals mineralization being identified as the exploration rush that overtook the region in 2009 stretched into its third consecutive year. With gold prices climbing to new highs and a stable investment climate, the lure of the Yukon attracted miners and investors in numbers not seen in a century. "Both Yukon and Nunavut are entering a period of sust...

  • Mining Explorers 2011: Explorers seek mega-deposits

    Rose Ragsdale, For Mining News|Updated Nov 6, 2011

    Frontrunners in the Yukon mineral exploration rush in 2011 spent more than C$12 million each, with at least one company pouring C$25 million into its program. These companies include Atac Resources Ltd., Kaminak Gold Corp., Capstone Mining Corp., Alexco Resource Corp., Golden Predator Corp., Ryan Gold Corp. and Silver Range Resources Ltd. At least another 14 companies shelled out more than C$5 million each to search for precious and base metals, using virtually every modern exploration technique from sampling to drilling....

  • Mining Explorers 2011: Colorado Resources Ltd.

    Updated Nov 6, 2011

    Cxo: TSX-V President and CEO: Adam Travis, B.Sc. Geology Executive Chairman: Larry Nagy, B.A. Geology Exploration Manager - B.C. & Yukon: Linda Dandy, P.Geo. Colorado Resources Ltd. focused on exploring mineral properties in northern British Columbia, Yukon Territory, El Salvador and Nicaragua. The company commenced surface exploration of the Oro Property located in the Macmillan Pass area, about 165 kilometers (103 miles) northeast of Ross River, Yukon, including detailed airborne geophysical work conducted in early July....

  • Mining Explorers 2011: Northern Freegold Resources Ltd.

    Updated Nov 6, 2011

    NFR: TSX president & CEO: Tim J. Termuende, B.Sc., P.Geo. Chairman: John Anderson Exploration Manager: Allan Armitage, P.Geo. Northern Freegold Resources Ltd., founded in 2006, is a precious metals exploration and development company focused on the development of economic mineral resources at the district-scale Freegold Mountain gold and copper project in the Yukon Territory. The Freegold Mountain Project is located in the Whitehorse Mining District about 70 kilometers northwest of Carmacks. Freegold Mountain's district-scale...

  • Mining Explorers 2011: Northern Tiger Resources Inc.

    Updated Nov 6, 2011

    NTR: TSX-V President and CEO: Greg Hayes, CA Director: Lori Walton, M.Sc., G.G., P.Geol. Vice President, Exploration: Dennis Ouellette, B.Sc. Northern Tiger Resources Inc., formed in April 2008 in Alberta as a spin-off of Firestone Ventures Inc., is an Edmonton, Alberta-based resource exploration company focused on the rapidly developing Dawson Range gold-silver-copper mining district in central Yukon Territory and underexplored regions southeastern and central Yukon. The company also has an exploration alliance with...

  • Mining Explorers 2011: Victoria Gold Corp.

    Updated Nov 6, 2011

    VIT: TSX-V President and CEO: John McConnell Vice President- Yukon: Mark Ayranto Vice President- Exploration: Ted Wilton Victoria Gold Corp., (formerly Victoria Resource Corp.), is a gold exploration company focused on advancing to production the Eagle Gold Deposit on its Dublin Gulch property in central Yukon Territory. Victoria also continues to explore key projects in the Yukon and Nevada to build on its current global mineral inventory of 7.7 million gold ounces. Dublin Gulch, located near the town of Mayo about 375...

  • Trickle of newcomers join explorer rush

    Rose Ragsdale, For Mining News|Updated Sep 25, 2011

    As gold prices soared in 2011 along with demand for silver and base metals, droves of mineral explorers fanned out across remote areas of Yukon Territory, seeking lucrative hardrock deposits. Lured by news of recent gold discoveries in the White Gold district of the Dawson Range and the Carlin-type mineralization found in the Rackla Gold Belt to the east, the horde of juniors, along with the occasional major, turned up with a frenzy of new claim-staking that started early in the year. Many returned to projects they first...

  • 'Spell of the Yukon' still rings true

    Shane Lasley, Mining News|Updated Aug 28, 2011

    YUKON TERRITORY - "There's gold, and it's haunting and haunting; It's luring me on as of old; Yet it isn't the gold that I'm wanting; So much as just finding the gold." This passage from the "Spell of the Yukon" is as applicable to the contemporary stampede of explorers seeking mineral riches in the home of the Klondike as it was to the prospectors of which Robert Service wrote more than a century ago. It is estimated that the modern rush of prospectors to Yukon Territory...

  • Exploration frenzy overruns assayers

    Shane Lasley, Mining News|Updated Aug 28, 2011

    DAWSON CITY - "Assays are pending" seems to be the three most common words uttered by companies exploring the mineral-rich lands of Canada's Northwest. After a weeklong trek through Yukon Territory, it is easy to see why. All across this hotbed of mineral exploration gold seekers are applying the "Shawn Ryan technique" of collecting close-spaced (typically 50-meter) grid soil samples to identify gold and other minerals associated with the precious metal. These extensive...

  • Early bird stakes claims in Southwest

    Rose Ragsdale, For Mining News|Updated Jul 31, 2011

    While most fortune-seeking juniors and investors joining the recent stampeded to Yukon Territory are scrambling to acquire properties in the highly prospective White Gold area located in the central Dawson Range and the eastern Selwyn Basin districts, a few canny explorers are quietly staking claims far from the heavy traffic in the southwestern corner of the territory. Solomon Resources Ltd. is one such explorer who has reported making a recent play in the region in a big way. Solomon July 18 reported the acquisition of a...

  • Regulatory thorns threaten mining bubble

    Rose Ragsdale, For Mining News|Updated Jun 26, 2011

    With a mining boom in full swing in Yukon Territory, government officials can be proud of having created an attractive business climate, one that is bringing hordes of excited miners and investors to the territory, with seemingly no end in sight. But a group of industry leaders recently submitted a report to the Government of Yukon, warning that storm clouds are gathering that could extinguish mining's bright forecast in the territory. In order for the industry to continue to make significant contributions to the economic...

  • Miners push exploration to new heights

    Rose Ragsdale, For Mining News|Updated Jun 26, 2011

    Another busy summer field season is getting underway in Yukon Territory, and government officials are projecting record numbers of mining companies flocking to the Northwest Canada jurisdiction and spending unprecedented sums on mineral exploration programs scattered across the southern two-thirds of the territory. Based on the industry's spending intentions in February, Natural Resources Canada projected C$39.3 million would be spent in 2011 by the majors on exploration and deposit appraisal activities in Yukon Territory,...

  • Helicopter support services take off

    Rose Ragsdale, For Mining News|Updated Apr 24, 2011

    As mining activity heats up in Yukon Territory, vendors and suppliers are flush with a corresponding rise in demand for their services. Business is booming, in particular, for helicopter support services as exploration and development companies rush to mount their 2011 field programs as soon as weather permits north of the 60th parallel this spring. In 2010, mining exploration and development spending in the Yukon exceeded C$290 million, with exploration expenditures setting a new yearly record as activity accelerated in...

  • Junior ignites second Yukon gold rush

    Rose Ragsdale, For Mining News|Updated Mar 27, 2011

    Who says lightning can't strike twice in the same place? In just 32 days last summer, Atac Resources Ltd. rocketed from near-oblivion to ignite what is rapidly becoming the second modern exploration rush to Yukon Territory in recent years. Atac had explored a small area in the western portion of its Rackla Gold (formerly Rau) Project in east-central Yukon for several years. After making an impressive gold discovery in 2008, the company has drilled about 26,000 meters in 132 holes through 2010 in the Tiger Zone. As recently...

  • Prospector perfects art of soil sampling

    Rose Ragsdale, For Mining News|Updated Feb 27, 2011

    One soil at a time," said Shawn Ryan, describing the gold-hunting technique he has perfected in a decade of working what has become the hottest exploration play in Canada. After collecting more than 200,000 soil samples since 2003 and leading at least two junior mining companies to the most significant gold discoveries in the new White Gold District of Yukon Territory, Ryan is happy to share the particulars of his slow and careful approach to prospecting. The former Dawson City prospector, who recently moved to Whitehorse,...

  • Junior grabs another 50 Ryan properties

    Rose Ragsdale, For Mining News|Updated Feb 27, 2011

    Ryan Gold Corp., the junior created when Valdez Gold Corp. merged with Ryan Gold Inc. in December, said it has defined a significant gold-in-soil anomaly during initial exploration of its Ida Oro Property in Yukon Territory. In mid-February, the company also reported signing a letter agreement to purchase 50 properties, comprising about 6,631 quartz claims located throughout the Yukon from Shawn Ryan and Wildwood Exploration Inc. "Having acquired the Ida Oro and Fifty Mile projects from Ryan Gold Inc. last fall, we are...

  • Juniors chase minerals without fanfare

    Rose Ragsdale, For Mining News|Updated Jan 23, 2011

    Two years after explorers stampeded to Yukon Territory in search of gold and other minerals the rush is showing no sign of abating. In fact, the exploration frenzy appears to gather fresh steam with every new mineral discovery reported in the territory. And the pipeline of discoveries is flowing, fast and furious. Junior mining companies and prospectors also continued to stake hordes of claims in 2010 right up to Dec. 23, stopping only when Government of Yukon mining recorders called a halt for the holidays. The excitement su...

  • Miners chase myriad BC mineral deposits

    Rose Ragsdale, For Mining News|Updated Jan 23, 2011

    Mining exploration activity in northern British Columbia approached record levels in 2010 with explorers setting a new drilling record and spending about C$168 million in pursuit of a wide range of minerals, including gold, copper, silver, molybdenum, and rare earth elements, according to a top provincial geologist. Paul Wojdak, regional geologist for the Northwest Region of British Columbia's Ministry of Energy, Mines and Petroleum Resources, said the major good news mining story in 2010 for central and northern British...

  • Yukon wraps up banner year for mining

    Rose Ragsdale, For Mining News|Updated Dec 19, 2010

    A revitalized Yukon Territory is ushering in a new era of mining prosperity as two more mines enter production this winter. "For the first time in a generation," the territory will have three operating mines that together will employ more than 400 workers and provide 100 direct service jobs and countless indirect positions and generate C$800 million for the Yukon economy annually," said Yukon Premier Dennis Fentie. "That's almost as much as the Government of Yukon's entire C$1 billion yearly budget." The recent startup of...

  • Yukon mines could boost Skagway economy

    Rose Ragsdale, For Mining News|Updated Oct 31, 2010

    The resurgence of mining industry activity in Yukon Territory is bringing with it the prospect of more commercial activity in Southeast Alaska, specifically in the coastal community of Skagway. Though tiny in size with only 850 year-round residents, Skagway is home to one of Alaska's most strategically located ice-free, deepwater ports. The Skagway Ore Terminal at the port stores 65,000 tons a year of copper-gold-silver concentrates from Yukon's only operating mine, Capstone Mining Corp.'s Minto Mine. And once a month for...

  • 2010 Mining Explorers: All eyes look North in 2010

    Hon. Patrick Rouble, Special to Mining News|Updated Oct 31, 2010

    With all eyes pointed north, the mineral industry in Yukon is having a banner year in 2010. A number of regions are continuing to attract high-profile attention. With two new mines starting production and encouraging discoveries throughout the territory, the year has been very exciting. Exploration Claim staking in the White Gold area, the Dawson Range and the 60 Mile area has been robust in 2010 with many new companies (more than 20) involved in the staking rush. Kinross Gold Corp. issued a friendly takeover offer for...

  • 2010 Mining Explorers: Explorers flood mining hot spot

    Rose Ragsdale, For Mining News|Updated Oct 31, 2010

    Primed for booming exploration for several years, the Yukon Territory appears to have hit big in 2010, both literally and figuratively. Emerging as one of the world's mining hot spots, the Northwest Canada jurisdiction is reporting industry investment exceeding C$120 million. Propelled by record gold prices and key gold discoveries, as well as surging demand in Asia for base metals and a mining friendly government, miners flocked to the territory in growing numbers, bringing generous exploration budgets and fresh theories...

  • 2010 Mining Explorers: Copper Ridge Explorations Ltd.

    Updated Oct 31, 2010

    KRX: TSX-V President and CEO: J. Greg Dawson, M.Sc., PGeo. Non-Executive Chairman: William M. Sheriff Chief Financial Officer: Justin Blanchet, CA Operating under the philosophy that it will maximize the chance for success in a high-risk business by concentrating on the right commodities in mining-friendly jurisdictions with high mineral potential, Copper Ridge Explorations Ltd. owns or has the option to acquire an interest in nine mineral properties in Alaska, Yukon and British Columbia. The junior also holds a royalty inter...

  • 2010 Mining Explorers: Northern Freegold Resources Ltd.

    Updated Oct 31, 2010

    NFR: TSX Chairman and COO: Bill Harris President and CEO: Susan P. Craig, M.Sc., P. Geo. Chief Financial Officer: Glen J. Diduck, B.Comm. C.A. Northern Freegold Resources Ltd., founded in 2006, is a precious metals exploration and development company focused on the development of economic mineral resources at the district-scale Freegold Mountain gold and copper project in the Yukon Territory, and at a gold and silver property in Arizona. The Freegold Mountain Project is located in the Whitehorse Mining District about 70...

  • 2010 Mining Explorers: Northern Tiger Resources Inc.

    Updated Oct 31, 2010

    NTR: TSX-V President and CEO: Greg Hayes, CA Director: Lori Walton, M.Sc., G.G., P.Geol. Vice President, Exploration: Dennis Ouellette, B.Sc. Northern Tiger Resources Inc., formed in April 2008 in Alberta as a spin-off of Firestone Ventures Inc., is an Edmonton, Alberta-based resource exploration company focused on the rapidly developing Dawson Range gold-silver-copper mining district in central Yukon Territory. The company formed an exploration alliance with Capstone Mining Corp.'s subsidiary, Minto Explorations Ltd., and...

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