The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 200 of 487
Newmont Corp. March 30 announced plans to acquire several blocks of mineral exploration claims in British Columbia's Golden Triangle for the support of land use planning in the Tahltan Territory. The Tahltan-BC Land Use Plan, which is based on the recognition of Tahltan title and rights within the nation's 96,000-square-kilometer (37,000 square miles) territory in northwestern BC, is expected to be one of the key tools that will inform land use decisions under a new...
Skeena Resources Ltd. March 24 announced that it has received an extra C$30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. at C$10.80 per share. Skeena plans to use this new infusion of cash to help fund the 60,000-meter drill program it has slated for this year at the Eskay Creek gold-silver project in British Columbia's Golden Triangle. The warrants were issued as part of Skeena's 2020 deal to acquire full ownership of Eskay Creek from Barrick...
Eskay Mining Corp. March 21 announced that analysis of soil and rock chip sampling, coupled with results from an expanded aerial transient electromagnetic geophysical survey, has defined numerous new drill targets in three focus areas on the company's Consolidated Eskay gold-silver project in Northern British Columbia. "In 2021, we collected critical data including soils, rock chip samples, and an expanded SkyTEM survey over three targeted areas: the greater TV-Jeff region,...
Tahltan Nation Development Corp. and Central Mountain Air Ltd. March 9 announced the finalization of a contract with Newcrest Mining Ltd. for air transportation of crews to and from the Red Chris copper-gold mine in British Columbia's Golden Triangle. "TNDC is honoured to join forces with Central Mountain Air to provide safe, reliable aviation services for this valued client," said Tahltan Nation Development Corp. CEO Paul Gruner. "This is another exciting opportunity for...
StrikePoint Gold Inc. announced early last week results from the remaining 13 holes of the 2021 diamond drill program at its Willoughby property located near Stewart in British Columbia's prolific Golden Triangle. Designed to further narrow the gaps between the seven high-grade mineralized zones within the Willoughby nunatak, which is where the mountain protrudes through the ice cap, drilling was successful in extending the 1,300-meter-long high-grade gold and silver...
Seabridge Gold Inc. March 1 announced that its wholly-owned subsidiary, KSM Mining ULC, has signed an agreement with British Columbia Hydro and Power Authority to supply the world-class KSM copper-gold-silver project with hydroelectricity. Under this agreement, KSM will connect to BC Hydro's existing Northwest Transmission Line at a switching station located where KSM's Treaty Creek access road meets Highway 37. KSM Mining has already completed the design for a 30-kilometer...
Seabridge Gold Inc. Feb. 26 announced that it has secured US$225 million (C$285 million) to advance its world-class KSM copper-gold-silver project in British Columbia's Golden Triangle to the status of "substantially started." Sprott Resource Streaming and Royalty Corp. ("Sprott") and Ontario Teachers' Pension Plan have agreed to purchase a US$225 secured note from KSM Mining ULC, a Seabridge subsidiary, that these investors can exchange for a 60% gross silver royalty for the...
Copper Fox Metals Inc. March 7 reported that the 2021 metallurgical drilling carried out at Schaft Creek cut both bulk tonnage and higher-grade mineralization at this large porphyry copper-gold-molybdenum project in British Columbia's Golden Triangle. "The drilling intersected several near surface higher-grade intervals of mineralization and has confirmed continuity and grade of the mineralization between existing drill holes and provides additional confidence in the geologica...
Ascot Resources Ltd. Feb. 22 reported high-grade gold intercepts from its 2021 drilling at Big Missouri, the first deposit to be mined with the start of modern operations at the company's Premier gold-silver project in British Columbia's Golden Triangle. Home to a past-producing mine that last operated in the 1990s, Premier has all the major infrastructure in place to resume operations. A 2020 feasibility study details plans for an operation at Premier that is expected to...
Seabridge Gold Inc. Feb. 1 reported that its 2021 drilling at KSM shows that its new 25.9-million-ounce Snowfield deposit is essentially a continuation of its 34.3-million-oz Mitchell deposit, which bodes well for incorporating Snowfield into a prefeasibility study that considers an even larger mine at KSM. A 2016 PFS detailed plans for a mine at KSM that would produce an average of 540,000 oz gold, 156 million lb copper, 2.2 million oz silver, and 1.2 million lb molybdenum...
Dolly Varden Silver Corp. Jan. 31 reported wide sections of silver mineralization from the 2021 drilling of several zones that make up Torbrit, the largest of the four deposits on the Dolly Varden property south of Stewart, British Columbia. The roughly 21,745-acre (8,800 hectares) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades, beginning in 1919. Four deposits associated with these past-producing mines...
Benchmark Metals Inc. Jan. 28 reported that the latest results from its 2021 drill program is continuing to expand Cliff Creek South, a newly discovered expansion area of the Cliff Creek deposit on the company's Lawyers gold project in Northern British Columbia. According to a calculation published in May, the Cliff Creek, AGB, and Dukes Ridge deposits at Lawyers host 40.3 million metric tons of indicated resource averaging 1.19 grams per metric ton (1.55 million ounces) gold...
ATAC Resources Ltd. Feb. 10 announced that it has signed a letter of intent to option the 151.5-square-kilometer (58.5 square miles) PIL copper-gold-silver property from Finlay Minerals Ltd. Located about 15 kilometers (nine miles) east of Benchmark Metals' Lawyers gold-silver project, the road-accessible PIL property covers numerous highly prospective copper-gold porphyry and epithermal gold-silver targets within a prolific and highly active part of BC's Golden Horseshoe....
Skeena Resources Ltd. Jan. 26 reported that drilling is expanding the recently discovered 23 Zone, a significant zone of near-surface, footwall style mineralization that lies outside the current mineral resources at the company's Eskay Creek gold-silver project in British Columbia's Golden Triangle. The discovery of 23 Zone was first reported by Skeena earlier this month when the company reported initial results from drilling there. Highlights from the previously reported 23...
Ascot Resources Ltd. Jan. 13 reported additional high-grade gold intercepts from 2021 drilling at the Day Zone, which lies adjacent to the Big Missouri deposit on the company's Premier gold mine project about 16 miles (25 kilometers) outside of Stewart, British Columbia. Located at the southern tip of BC's Golden Triangle, Premier hosts 3.63 million metric tons of probable reserves averaging 5.45 grams per metric ton (637,000 oz) gold and 19.1 g/t (2.23 million oz) silver in...
Cassiar Gold Corp. Jan. 12 reported that the most recent results from its 2022 drill program provide further evidence of the resource expansion potential of the 1-million-ounce Taurus gold deposit on its namesake property in Northern British Columbia. The company completed 11,288 meters of drilling in 34 holes at Cassiar this year, including 4,098 meters of drilling in 15 at and around the Taurus deposit in the Cassiar North project area and 7,191 meters in 19 holes targeting...
Benchmark Metals Inc. Jan. 12 reported strong gold and silver mineralization from infill and expansion drilling at the AGB deposit on the company's Lawyers project in Northern British Columbia. According to a calculation published in May, the Cliff Creek, AGB, and Dukes Ridge deposits at Lawyers host 40.3 million metric tons of indicated resource averaging 1.19 grams per metric ton (1.55 million ounces) gold and 38.7 g/t (50.2 million oz) silver; plus 16.2 million metric tons...
Dolly Varden Silver Corp. Dec. 20 said high-grade silver encountered during drilling at the Wolf deposit provides another encouraging sign that strong mineralization continues north from the high-grade deposits on its namesake property onto the Homestake Ridge property it is acquiring from Fury Gold Mines Ltd. Situated 46 kilometers (29 miles) southeast of Stewart, the Dolly Varden property covers four historic high-grade silver mines – Torbrit, Dolly Varden, Wolf, and N...
Eskay Mining Corp. Dec. 8 said the assay results rolling in from the 2021 drilling at its Consolidated Eskay project indicate the TV and Jeff deposits are parts of a larger precious metal-rich volcanogenic massive sulfide mineralized system. Covering a trend of VMS gold-silver mineralization that extends south from Skeena Resources Ltd.'s Eskay Creek mine project – between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project t...
Newcrest Mining Ltd. and Imperial Metals Corp. Dec. 8 reported that drilling continues to cut zones of higher-grade gold and copper within wide sections of porphyry bulk tonnage mineralization at East Ridge, a resource expansion target at the Red Chris Mine in Northern British Columbia. According to a March resource calculation, Red Chris hosts 980 million metric tons of measured and indicated resource averaging 0.41 grams per metric ton (13 million oz) gold and 0.38% (3.7...
Ascot Resources Ltd. Dec. 15 announced that drilling has encountered high-grade gold in the Sebakwe zone, which may be an unmined structure immediately north of the Northern Light and Premier zones on the company's Premier gold mine project near Stewart, British Columbia. Located immediately east of the Premier mill, the Sebakwe zone remains largely undrilled due to the steep terrain where it is located. With geological and geophysical evidence suggesting that Sebakwe could...
Skeena Resources Ltd. Dec. 8 reported additional high-grade gold and silver intercepts from further resource evaluation drilling within the Albino Waste Facility at the company's Eskay Creek mine project in the Golden Triangle of Northern British Columbia. The waste material stored in this facility is from an underground mine operated by Barrick Gold Corp. from 1994 to 2008 that recovered roughly 3.3 million ounces of gold and 160 million oz of silver from ore with average...
Cassiar Gold Corp. Nov. 15 reported that the latest batch of assay results from this year's drilling at the Cassiar Gold project further confirms the presence of continuous zones of higher-grade gold mineralization in the Northwest zone of the Taurus Deposit area of this Northern British Columbia project. The company completed 11,288 meters of drilling in 34 holes at Cassiar this year, including 4,098 meters of drilling in 15 at and around the Taurus deposit in the Cassiar...
Benchmark Metals Inc. Nov. 8 reported that drilling has encountered additional near-surface, high-grade and bulk-tonnage gold-silver mineralization that could improve the economics of mining of the Cliff Creek deposit on the company's Lawyers project in Northern British Columbia. According to a calculation published in May, the Cliff Creek, AGB, and Dukes Ridge deposits at Lawyers host 40.3 million metric tons of indicated resource averaging 1.19 grams per metric ton (1.55...
Ascot Resources Ltd. Nov. 17 reported that drilling has expanded gold mineralization at Day Zone, a discovery target near the Big Missouri deposit on the company's Premier gold mine project at the southern tip of British Columbia's Golden Triangle. Located about 16 miles (25 kilometers) from the mining town of Stewart, Premier hosts 3.63 million metric tons of probable reserves averaging 5.45 grams per metric ton (637,000 oz) gold and 19.1 g/t (2.23 million oz) silver in...