The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 184 of 184
The people, the technology and the regulations have changed dramatically in the past 100 years or so since the Klondike Gold Rush, but placer mining in Canada's Yukon is still thriving. Mike McDougall, president of the Klondike Placer Miners Association, and Bill Lebarge from Yukon Geological Survey provided some insights into the state of the industry during a joint presentation to the Arctic International Mining Symposium in Fairbanks March 14. A total of 70,322 crude ounces of gold (2.2 million grams) was produced by...
What do you get when you mix a known, high-grade copper deposit near the Yukon River plus millions of dollars of mining equipment on site with an aggressive junior mining company bent on making things happen? Excitement, that's what. "Minto will be the Yukon's next mine," said Stephen Quin, president and chief executive of Sherwood Copper Corp. "We've got all the permits or they are due to be extended, and we just need to update costs in the feasibility study." Yukon Premier Dennis Fentie signed a 10-year extension of a Type...
It isn't every day that a junior mining company takes a project all the way to development. In fact, it "rarely" happens, according to Dr. Harlan Meade, president and CEO of Yukon Zinc Corp., the successor company to Expatriate Resources Ltd. But the Yukon Zinc-Silver Project in southeastern Yukon Territory is well on its way to becoming such a rarity. Vancouver, B.C.-based Yukon Zinc filed its environmental assessment report for the Wolverine deposit Nov. 3, setting in motion a permitting and public review process expected...
For geologist T. Greg Hawkins, the question at Mount Skukum/Skukum Creek isn't where to find the gold and silver that nature sequestered in this steep-sided valley. Rather, it's how to attract investment capital to extract the soft yellow and bright gray metals from deposits he knows span the Wheaton River on the valley floor. "The secret of these types of operations is to get into production as soon as possible," said Hawkins, who is chairman of Tagish Lake Gold Corp., owner of 987 full or fractional quartz claims covering...
Higher prices for precious and base metals, gemstones, coal and other minerals are luring explorers back to the Yukon Territory, and this resurgence in mining activity has government officials grappling with ways to encourage the miners to stay. The number and variety of mining exploration projects under way this year bodes wells for the territory's future and for government's chances of re-awakening what many call a sleeping giant - Yukon's mining industry. "Yukon is coming back," says Ivan Jacobsen, a stockbroker at Canacco...
Freegold Ventures is planning a 2005 summer program on its Grew Creek epithermal gold deposit 22 miles west of the town of Ross River. The Yukon project is just over half a mile from the Robert Campbell Highway and the Whitehorse power grid. Freegold acquired the Grew Creek project last summer and has since completed 12 diamond drill holes predicated on a new geological theory that proposed mineralization trended north-south, as opposed to previous interpretations which assumed the mineralization trended east-west. "This new...
Placer mining in Canada's Yukon Territory has increased significantly this year, and although there are no operating hard-rock mines in the territory yet, that may change soon. Mike Burke of the Yukon Geological Survey outlined the varied projects of the past season at the Alaska Miners Association Convention in Anchorage on Nov. 4. In particular, he drew attention to Expatriate Resources' exploration in the Finlayson Lake District at Wolverine, for which the company has raised C$16.6 million. Wolverine is one of several impo...
Long-time Alaska prospector Freegold Ventures has ventured across the border into the Yukon Territory, optioning a gold property west of Ross River with a previously drilled, 221,000 ounce gold and 835,000 ounce silver resource. In a July 14 press release, Freegold Ventures said it signed an option agreement to earn a 100 percent interest in the Grew Creek Gold property, 35 kilometers (21.7 miles) west of the historical mining town of Ross River in the southeastern part of the Yukon Territory. The Vancouver, British...
As 2002 draws rapidly to a close, news of this year's mineral exploration, development and production efforts in Alaska continues to come out while plans for next year are being formulated in board rooms across North America. The political landscape at both the national and state levels changed drastically as a result of the Nov. 5 elections; however, the effects of these changes will not become evident for some time. Metals prices remain depressed for lead, zinc and...
