The mining newspaper for Alaska and Canada's North
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NRCan funding will support a vertically integrated critical minerals supply chain that includes a mine in Northwest Territories and refinery in Alberta. Natural Resources Canada (NRCan) March 26 announced a C$714,500 (US$525,200) investment into enhancing the production of cobalt sulfate and bismuth ingot products from a future mine at Fortune Minerals Ltd.'s Nico project in Northwest Territories and associated hydrometallurgical refinery in Alberta. "Critical minerals develop...
Bridget and Isaac targets return promising chargeability and resistivity results, warrants further surveying. White Gold Corp. March 27 announced an extensive exploration update for two of its early-stage targets within the company's massive landholdings in Canada's Yukon, ultimately identifying multiple prospective anomalies near the world-class Casino deposit. Focusing on the Bridget and Isaac porphyry targets located on the Pedlar and Hayes properties, respectively, the res...
Gahcho Kué Mine production matched 2022 numbers, but a steep diamond price decline made 2023 more challenging for Mountain Province. Mountain Province Diamonds Inc. April 1 announced the financial and operating results of 2023 as well as its performance results from the fourth quarter at its Gahcho Kué Mine in Canada's Northwest Territories, ultimately seeing a downturn from its record 2022 due to oversupply in the diamond market. Owned under a joint venture between M...
Vital Metals reports a 79% expansion of resources within the Tardiff rare earths deposit; further growth expected with inclusion of 2023 drill results. Vital Metals Ltd. April 4 announced a significant increase to the resources within the Tardiff deposit on the company's Nechalacho rare earths project about 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. This includes a 49% increase in the tonnage of neodymium and praseodymium, a pair of rare earths...
Junior explorer has explosive 2023, confident of potential RIRGS deposits on Yukon property. Rackla Metals Inc. April 1 announced the results from its 2023 exploration program on the company's Peak target located within the Kelvin Stock of the Astro Plutonic Complex in Yukon, Canada. A Vancouver-based junior gold exploration company Rackla Metals, not to be confused with the Rackla property, is advancing projects located in eastern Yukon, and western Northwest Territories,...
Leading Snowline shareholder exercises warrants early, fortifies company's treasury for exploration. Snowline Gold Corp. April 1 announced that significant shareholder Ana Maria Cox de Gubbins elected to exercise five million warrants early, earning the company C$12.5 million (US$9.2 million) and increasing Cox' stake to 10.6% of Snowline's issued shares. "The ongoing support of Ms. Cox from our early exploration efforts in 2021 through to today has been a key component of...
Board assigns 15 goals to corporate "report card" for 2024; half the grade hinges on performance at KSM, including entering into a JV by year's end. Seabridge Gold Inc. April 11 announced that its primary objective for 2024 is to enter into "a joint venture agreement on the KSM project with a suitable partner on terms advantageous to Seabridge shareholders." Each year, Seabridge's board of directors assembles a list of objectives for which to measure the company's annual...
Two holes snuck in during winter reveal visible gold, company enters standby for spring melt. Sitka Gold Corp. April 9 announced it has intercepted visible gold in the second hole drilled during its 2024 winter program at the company's RC Gold project in Yukon, Canada. Located within the central region of Canada's Yukon Territory, in the prolific Tombstone Gold Belt, RC Gold is found roughly midway between Victoria Gold Corp.'s Eagle Gold mine and the Brewery Creek gold mine...
Company plans to construct a temporary camp to aid in upcoming start of high-grade gold mine. Sixty North Gold Mining Ltd. April 9 announced that its plans to establish a modern operation at the past-producing Mon high-grade gold mine will begin with the installation of a temporary camp to replace the damages caused by the wildfires that ravaged Canada's Northwest Territories last year. Sixty North is focused on restarting gold production at Mon – a project about 40 k...
Quarterly production expected to climb sharply as spring and summer weather warms the heap leach pad at Victoria Gold's mine in Canada's North. Victoria Gold Corp. April 10 announced that its Eagle Mine in the Yukon produced 29,580 ounces of gold during the first quarter of 2024, which is about 21% less than the first three months of last year. Despite starting off well below the pace to produce the roughly 175,000 oz projected for this year, the company is confident that... Full story
Li-FT continues to tap consistent strong lithium mineralization at Yellowknife project. Li-FT Power Ltd. April 16 announced a larger than usual batch of assays, reporting 17 holes completed from the Echo, Fi Main, and Fi Southwest pegmatites on the company's Yellowknife Lithium project east of Yellowknife, Northwest Territories. Into its second year exploring for hard rock lithium in the nearly forgotten Yellowknife Pegmatite Province, Li-FT powered through its first year...
Recent resampling of historical drill core reveals grades up to 34.9% graphite. StrategX Elements Corp. March 21 announced the potential expansion of its Nagvaak critical minerals project in Nunavut, Canada, as one interval drilled roughly 4,000 meters from the initial discovery drill hole returned significant high-grade graphite – much higher than typically observed in other graphite deposits in North America. Featuring a 6,000- by 400-meter zone of strong vanadium, n...
First assays from southeast extent of Echo, returns above-average lithium grades. Li-FT Power Ltd. March 19 reported its next batch of assays from its winter program, returning the first results from the southeast end of the Echo pegmatite system at its Yellowknife Lithium project in Northwest Territories, Canada. Acquiring a large portfolio of properties in the underexplored Yellowknife Pegmatite Province (YPP) in January 2023, Li-FT began its first season with a...
Ascot expects to begin feeding first ore into mill over the next few days and pour first ounces of gold from the Northern BC mine by mid-April. Ascot Resources Ltd. March 26 reported that it remains on track for the first gold pour at Premier in April and will reach commercial production at the new iteration of this historic gold-silver mine sometime after midyear. Lying about 15 kilometers (nine miles) north of Stewart, B.C., Ascot's Premier project is home to a...
Western Copper and Gold begins metallurgical testing at world-class copper-gold project. Western Copper and Gold Corp. March 27 reported that 15 samples from its 2023 drilling program will be assessed as the company kicks off its metallurgical testing program at Casino in Yukon, Canada. Located about 300 kilometers (186 miles) northwest of Whitehorse, this world-class project that Western Copper and Gold has been advancing since acquiring the property in 2008 is found within...
Aims for balanced, strategic, and thorough distribution of exploration activities. Blue Star Gold Corp. March 26 announced an update of its 2024 exploration campaign at the company's Ulu, Hood River, and Roma projects in the High Lake Greenstone Belt of the Kitikmeot region in Nunavut – detailing new discoveries, resource expansion, and an overall evaluation of its target pipeline. Located roughly 525 kilometers (326 miles) northeast of Yellowknife, Northwest Territories, Blue...
Will begin 2,000-meter drill program in June. Silver North Resources Ltd. March 27 announced the plans for its upcoming 2024 drilling program at its Tim property, aiming for approximately 2,000 meters of drilling sometime in June. "We are excited to see drilling at Tim this year," said Silver North Vice President of Exploration Rob Duncan. "Coeur has carried out an excellent program leading to this drill test." Located roughly 72 kilometers (45 miles) west of Watson Lake and...
Indicated resource at Nunavut project jumps 172%. Canadian North Resources Inc. March 19 reported that drilling carried out since mid-2022 has resulted in an enormous increase in resources at its Ferguson Lake nickel-copper-cobalt-platinum group metals (PGM) project in Nunavut's Kivalliq region. The 256.8-square-kilometer (99.2 square miles) Ferguson Lake project covers a roughly 15-kilometer- (nine miles) long mineralized trend. So far, 18 massive sulfide and two low-sulfide...
7 drilling expands Bingo Zone on Ranch property; new gold-silver-copper expansion targets and porphyry potential emerge. Thesis Gold Inc. March 12 reported that high-grade gold, along with associated silver and high-grade copper, drilled at the Bingo Zone enhances the upside potential of the company's Ranch project in Northern British Columbia. Located in the Toodoggone mining district east of B.C.'s Golden Triangle, Ranch is the northern half of a 325-square-kilometer...
Company informs on numerous projects throughout North America, reaffirms focus on Yukon's RC Gold project. Sitka Gold Corp. March 14 reported an assessment of its gold, silver, and copper properties throughout North America, realigning its strategies and updating the current state of its operations. Varying from grassroots and discovery-stage properties to advanced-stage projects that include the recent discovery of a significant gold deposit at RC Gold, the company states...
Showcases potential of copper-gold projects in the prolific Quesnel terrane. Pacific Ridge Exploration Ltd. March 13 provided an overview and exploration plans for its copper-gold projects in northcentral British Columbia. "We now own, or control five copper-gold porphyry projects located in the prolific Quesnel and Stikine terranes in northcentral B.C. and are inarguably one of the province's leading copper-gold exploration companies," said Pacific Ridge Exploration...
Australian explorer acquires interest in lithium-tantalum project in Northwest Territories' famed Yellowknife Pegmatite Province. Narryer Metals Ltd. March 12 announced that it has entered into an agreement to acquire a 70% interest in the Big Hill and Fran lithium-tantalum projects in Yellowknife Pegmatite Province in Canada's Northwest Territories. "Canada will be the first part of the supply chain for future lithium battery development in North America, and Narryer Metals...
Assessed five techniques, narrowed them down, and determined zinc is the key. Cantex Mine Development Corp. March 14 announced that the company has determined a reliable method to verify the bulk concentration of germanium as it continues to advance its North Rackla project in Yukon, Canada. Reported for potential germanium in Feb. 2023, Cantex announced then the discovery of a roughly 2,500-meter-long, massive sulfide trend enriched with much more than the gold, silver,...
Cursory review has 2023 assays completed and has continued reporting results on a timely basis. Li-FT Power Ltd. March 13 announced results for eight drill holes completed at its Near Field Group of lithium pegmatites on the company's Yellowknife Lithium project. With the rollover from its 2023 drilling, right into this year's results, the company has kept up momentum toward delineating the extent of mineralization held within the Yellowknife Pegmatite Province of Northwest...
Shows extensive unmined high-grade copper remains adjacent to past-producing mine site. Gladiator Metals Corp. March 5 announced an update on drilling at the company's Whitehorse Copper project, reporting initial assays from 2,162 meters of drilling in six holes completed so far as part of the planned 10,000 meters of drilling at the Middle Chief prospect in Yukon, Canada. "Gladiator has received initial assays from its ongoing, 10,000-meter diamond drill program at the Middle...