The mining newspaper for Alaska and Canada's North
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CUU: TSX-V Chairman, President and CEO: Elmer Stewart Chief Financial Officer: Catherine Henderson Senior Technical Advisor: Tom Schroeter In 2013, Copper Fox Metals culminated more than a decade of successful exploration of its Schaft Creek porphyry copper, gold, molybdenum and silver project in northwestern British Columbia by enticing Teck Resources Ltd. to enter a 75-25 joint venture with the junior and assume operatorship of the project. Schaft Creek is located due east-northeast of Petersburg, Alaska, about 61...
DV: TSX-V President and CEO: Ron Nichols Chairman: John King Burns Vice President, Exploration: Paul McGuigan Dolly Varden Silver Corp. is developing the historic Dolly Varden Silver Mines property located about 26 kilometers (17 miles) from Alice Arm, B.C., in northwestern British Columbia. In 2012, the junior attracted a C$3.2 million strategic investment from silver producer Hecla Mining Co. in exchange for a 19.9 percent equity interest in the company. During the first half of 2013, the junior defined a comprehensive...
FPX: TSX President and CEO: James S. Gilbert Vice President Exploration: Ron M. Britten Chief Financial Officer: Martin Turenne First Point Minerals Corp. is focused on exploration and development of properties containing awaruite, a nickel-iron alloy typically containing about 75 percent nickel. It is widely disseminated and represents a bulk tonnage target that would potentially be mineable by open pit methods should a mineral reserve be delineated. First Point holds a 100 percent interest in eight awaruite properties: five...
FVL: TSX President and CEO: Kristina Walcott Vice President, Exploration and Development: Alvin Jackson Freegold Ventures Ltd. focused its 2013 exploration efforts on expanding the 6-million-ounce bulk-tonnage gold deposit at its Golden Summit property located about 20 miles (32 kilometers) northeast of Fairbanks and roughly five miles (nine kilometers) from Kinross Gold Corp.'s Fort Knox Mine. The close proximity to infrastructure and services allows Freegold to conduct both winter and summer drill programs at Golden...
GRV: TSX-V Chairman: Conrad Swanson President: Shane Ebert Advisor: Alvin Jackson Advisor: Brad Aelicks Gold Reach Resources Sept. 5 reported a new and strategic copper gold molybdenum discovery on its 47,559-hectare (117,518 acres) Ootsa property located adjacent to the Huckleberry copper-gold-molybdenum mine south of Smithers, B.C. Ootsa is an advanced exploration project containing the Seel and Ox porphyry systems, both with NI 43-101-compliant resource estimates open for expansion, and a zone of high grade silver and...
GSR: TSX-V Chairman, CEO and President: Terrence E. (Terry) King Director: Lawrence (Larry) Dick Chief Geologist: Trevor Bremner After aggressively exploring some 31 properties in Yukon Territory with a C$17 million field program in 2012, Goldstrike Resources Ltd. narrowed its focus in 2013 on five most prospective targets, in particular its newly discovered VG and Goldbank zones along the 25-kilometer (16 miles) largely unexplored Yellow Giant Trend on its flagship Plateau South property along with the Lucky Strike and Summi...
GPH: TSX-V Chairman and CEO: Charles Chebry President: Anthony Huston Vice President, Exploration: Dean Besserer Upon closing a C$2.2-million financing in September, Graphite One Resources Inc. mounted a late season drill campaign aimed at expanding the aptly named Graphite Creek project. Situated roughly 40 miles (65 kilometers) north of Nome, Graphite Creek has long been suspected to host between 6 million and 20 million tons of crystalline-flake graphite. This assumption was based on a 100-meter-thick graphite-rich layer...
ITH: TSX / THM: NYSE-A Chairman: Daniel Carriere President and CEO: Don Ewigleben Vice President, Alaska: Tom Irwin Alaska General Manager: Karl Hanneman During the first half of 2013, International Tower Hill Mines Ltd. focused on finalizing a feasibility study for its 20-million-ounce Livengood gold project in Interior Alaska. Released in July, this assessment outlines a 100,000-ton-per-day operation averaging 577,600 ounces of gold per annum over a 14-year mine life. The all-in costs to mine an ounce of gold at Livengood w...
KAM: TSX-V President and CEO: Eira Thomas Vice President, Exploration: Tim Smith Chief Geologist: Craig S. Finnigan Kaminak Gold Corp., a project generator with a dozen properties in Canada, followed up in 2013 on extensive exploration on its Coffee Gold Project located in the White Gold District of Yukon Territory. In December, Kaminak reported a maiden NI 43-101 inferred mineral resource estimate of 64 million metric tons grading at 1.56 grams per metric ton gold for 3.24 million ounces of gold at a base case cut-off of...
KDI: TSX-V Chairman: Jonathan Christopher James Comerford President and CEO: Patrick C. Evans Kennady Diamonds in 2013 explored its Kennady North diamond project located to the west and north of the Gahcho Kué Joint Venture about 300 kilometers (186 miles) northeast of Yellowknife, Northwest Territories. Kennady North covers an area about 12,292 hectares (30,374 acres). The company, spun out in early 2012 from Mountain Province Diamonds Inc., followed up on 106 geophysical targets that have been identified at Kennady North....
KIV: TSX-V Chairman: John Robins CEO: James R. (Jim) Paterson President: Jeff Ward In 2013, Kivalliq Energy Corp. followed up on aggressive 2012 exploration at its 137,705-hectare (340,268 acres) Angilak Property in Nunavut, which hosts the Lac Cinquante Deposit, Canada's highest grade uranium deposit outside of the Athabasca Basin. The company has explored Angilak for the past six years, and in January, reported a 60 percent increase in a NI 43-101-compliant inferred mineral resource estimate for the Lac 50 Trend uranium dep...
MEK: TSX-V President and CEO: Alexander (Sandy) Stares Vice President, Exploration: Michael MacIsaac Vice President, Corporate Development: Wayne Reid Metals Creek Resources Corp. focused its 2013 exploration the Matson Creek area, proximal to the Matson Creek placer gold camp in the White Gold district of Yukon Territory. The company, which holds interests in many other properties across Canada, entered into an option/joint venture agreement with GTA Resources in which GTA can earn up to a 70 percent interest in the Squid...
MRO: TSX-V President and CEO: Gregory Beischer Chief Exploration Officer: Philip St. George Chief Operating Officer: Sarah Whicker Millrock Resources Inc., which has become one of the one of the more prolific Alaska exploration companies since adopting the project generator model in 2009, is tightening its belt in 2013. As a project generator, Millrock relies on joint venture partners to do most of the heavy financial lifting on its portfolio of properties in Alaska and Arizona. This model diminishes the company's need to rai...
MPV: TSX / AMEX Chairman: Jonathan Comerford President and CEO: Patrick Evans Mountain Province Diamonds Inc. continued to focus in 2013 on exploration and development of the Gahcho Kué Project located about 300 kilometers (186 miles) northeast of Yellowknife, Northwest Territories. The project encompasses four mining leases held in trust by De Beers. The project hosts four primary kimberlite bodies - Hearne, Tuzo, Tesla, and 5034 - three of which have a probable mineral reserve of 31.3 million metric tons grading 1.57...
NQ: TSX-V CEO: Jon North Chief Financial Officer: Carmelo Marrelli Vice President, Exploration: Dwayne Car Northquest Ltd. continued to focus in 2013 on the 861-square-kilometer (332 square miles) Pistol Bay Gold Project which covers a 90-kilometer strike length of the Pistol Bay Trend, a west-trending series of surface gold occurrences and gold zones in central Nunavut. The newly recognized trend is parallel to, and 80 kilometers (50 miles) south of, the Meliadine Trend of gold deposits owned by Agnico Eagle Mines Ltd. The j...
PGD: TSX Chairman and CEO: Eric Friedland President: Brooke Clements Chief Geoscientist: Jennifer Pell Peregrine Diamonds Ltd. focused in 2013 on its primary diamond exploration project, the Chidliak Project, in southeastern Nunavut. At Chidliak, located 120 kilometers (74 miles) northeast of Nunavut's capital, Iqaluit, Peregrine had an option agreement with DeBeers Canada Inc. whereby De Beers had the exclusive right until Dec. 31, 2013 to enter into an earn-in and joint venture agreement for the project on a 50.1 percent...
PVG: TSX President and CEO: Robert Quartermain Chief Development Officer: Joseph Ovsenek, Chief Exploration Officer: Kenneth McNaughton Pretium Resources Inc. concentrated in 2013 on advancing its 103,000-hectare (254,513 acres), high-grade Brucejack gold and silver project, located 65 kilometers (40 miles) north-northwest of Stewart, B.C. The junior also owns the Snowfield project which borders Brucejack to the north and is considered a longer term gold opportunity. At Brucejack, Pretium followed up an extensive 2012...
NKL: TSX-V President and CEO: Greg Johnson Senior Vice President and COO: John Sagman Project Manager: Neil Froc During the year ended March 31, 2013, Prophecy Platinum spent C$7.2 million on exploration at the Wellgreen property in southwestern Yukon Territory that was principally focused on drilling and resource determination followed by preliminary economic assessment work programs. The company's 2013 Wellgreen exploration program has been designed to support and maximize the results of a revised PEA and updated mineral...
PPG: TSX President and CEO: Adrian Fleming Technical Advisor: Quinton Hennigh Corporate Advisor: Darren Devine Prosperity Goldfields Corp. followed up in 2013 on two previous seasons of exploration at its 590-square-kilometer (228 square miles) Kiyuk Lake gold property near Nueltin Lake in central Nunavut. A 4,427-meter diamond drill program undertaken between March and April, with 20 holes drilled, tested the Rusty target and other prospects, including Bancroft, North Snake, Cobalt, Rasmussen and Captain Anderson a new...
NIC: TSX-V Chairman: R. David Russell President and CEO: David McPherson Senior Geologist: Jon Findlay Pure Nickel Inc. had drills turning on two Alaska projects in 2013: the Man nickel-copper-platinum group element project situated in the Wrangelia Terrane of the Southcentral region of the state; and the Salt Chuck palladium-gold project on Prince of Wales Island. Itochu Corp., Pure Nickel's partner at Man, has invested roughly US$22.4 million on exploration at the project since 2008. This work has earned the Tokyo-based...
RK: TSX-V Chief Executive Officer: Matthew Turner Chief Operating Officer: Ian Talbot Vice-President of Business Development: Marc Blythe Rockhaven Resources Ltd., which holds interests in 11 mineral exploration properties in Yukon Territory, focused in 2013 on the Klaza property which hosts seven parallel, 1-75 meters wide, structural zones of gold-silver mineralization with a cumulative mineralized strike length of 6,100 meters. Rockhaven planned 6,000 meters of excavator trenching focused on expanding the strike lengths...
SBB.V: TSX-V President and CEO: Robert Pease Vice President, Project Development: Wes Carson Vice-President, Exploration: Angus Campbell In 2013 Sabina Gold & Silver Corp. carried out an extensive exploration program on its flagship Back River Gold Project in Nunavut in its ongoing push to become a mid-tier gold producer. The company also owns the Wishbone grassroots exploration project and a silver royalty on the Hackett River Project and certain Wishbone claims in Nunavut as well as exploration properties in the Red Lake...
SEA:TSX SA: NYSE-A Chairman and CEO: Rudi Fronk President: Jay Layman Senior Vice President, Exploration: William Threlkeld Seabridge Gold Inc. is focused on further advancing its KSM (Kerr-Sulphurets-Mitchell) Project near Stewart, B.C., and its Courageous Lake Project in the Slave Province of Northwest Territories, two of its eight advanced-stage gold projects in North America. At KSM, Seabridge launched its 2013 drilling program in late May, following-up on the high-grade copper-gold zone discovered in 2012 below the Kerr...
SNG: TSX-V President and CEO: W. Douglas Eaton Chairman: Bruce Youngman Chief Operating Officer: Ian Talbot Silver Range Resources Ltd., a 2011 spin-out from Strategic Metals Ltd., continued in 2013 to explore the silver-enriched Silver Range project located 10-40 kilometers (6-25 miles) north of Faro in southern Yukon Territory and gold-rich Mint Project located 26 kilometers (16 miles) south of the Alaska Highway in southwest Yukon. For its 2013 exploration program, Silver Range planned diamond drilling at three priority...
SMD: TSX-V President and CEO: W. Douglas Eaton Chairman: Bruce Youngman Chief Operating Officer: Ian Talbot Strategic Metals Ltd. has the largest mineral property portfolio in Yukon Territory, with more than 150 properties. In addition to 14 properties optioned to third parties, the company is exploring the Midas Touch Project, which covers 1,200 square kilometers (463 square miles) adjacent to significant new Carlin-style drill discoveries made by ATAC Resources Ltd. and Anthill Resources Ltd. in east-central Yukon...