The mining newspaper for Alaska and Canada's North
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Triumph Gold Corp. is making significant, new strides toward unlocking the geological secrets of Freegold Mountain, a district-scale property that could produce one of the richest copper-gold resources yet discovered in the Yukon. The Canadian and Yukon governments, meanwhile, are moving forward with a joint effort to spur mine development in the Dawson Range where the Freegold Mountain project is located along with many others, including the Casino copper-gold and Coffee...
Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC) has sold the abandoned Mount Nansen Mine to Alexco Environmental Group and JDS Energy and Mining. Mount Nansen is the site of a historical gold and silver mine that was owned by BYG Natural Resources Inc. Unable to meet the requirements of its water license, BYG ceased mining and appointed a receiver who abandoned the property in 1999. Situated about 60 kilometers (37 miles) west of the community of Carmacks and...
With a pre-feasibility study that details a small but financially robust mine, Alexco Resource Corp. is ready to ramp up mining at its Keno Hill Silver District project in the Yukon. "The results of the PFS reflect the exceptional asset we have in Keno Hill and demonstrate a robust high margin primary silver operation that can produce approximately 4 million ounces of silver per year," said Alexco Resource Chairman and CEO Clynt Nauman. At an average rate of about 430 metric...
Triumph Gold Corp.'s 2018 surface sampling provides further evidence that the already large gold-copper deposits outlined so far at its Freegold Mountain project in the Yukon may be just portions of an even greater mineralized system on the property. The sampling identified gold-copper mineralization in three zones outside the Nucleus and Revenue deposits, including bonanza grade gold in a grab sample collected from bedrock exposed by placer mining in one of the streams...
White Gold Corp. plans to invest C$13 million this year on exploration across its 439,000 hectares (1.1 million acres) of lands that blanket some 40 percent of Yukon's famed White Gold District. This program includes follow-up drilling at the exciting Vertigo gold discovery on the JP Ross property; resource expansion drilling on the White Gold and newly acquired QV properties; and regional exploration on priority targets across the company's expansive land package. White Gold...
Victoria Gold Corp. is well on its way to reaching its ultimate goal, pouring the first bar of gold at its Eagle Mine project this year. Located in the heart of the Yukon, about 85 kilometers (53 miles) north of the community of Mayo, Victoria's Eagle Gold Mine is expected to produce 200,000 ounces of gold annually over a 10-year mine life. Victoria broke ground on pre-development activities at Eagle in 2017 and ramped up development of the open-pit, heap-leach pad and...
Spectacular gold assays continue to roll in from the 2018 drilling and trenching at Vertigo, a target on White Gold Corp.'s JP Ross property that is shaping up to be the most robust gold system identified so far in Yukon's White Gold District. The latest round of assays include results from a reverse circulation (RC) hole that has significantly extended the Vertigo rotary air blast (RAB) discovery to depth and encountered a deeper zone of high-grade gold to depth. This RC...
Gold explorers are rushing to several regions of Yukon Territory, particularly areas where significant discoveries of the precious metal have been reported in recent years. But only a few lucky companies could advance gold projects in Southeast Yukon during the 2018 field season. The reason: A large swath of the mineral-rich Tintina Gold Belt – favorable geological terrain that sweeps northward through Yukon in a boomerang-shaped arc to Alaska from British Columbia – is off...
It's clear by now that famed prospector Shawn Ryan has the Midas Touch when it comes to making significant mineral discoveries in the White Gold District of west-central Yukon Territory. During the past few weeks, junior mining company White Gold Corp. – which Ryan guides as chief technical advisor – reported not one, not two, but at least three significant gold discoveries in the region. White Gold's C$9 million, 14,500-meter exploration program for 2018 targeted expansion of...
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...