The mining newspaper for Alaska and Canada's North
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Ascot Resources Ltd. Sept. 19 announced that it has acquired a full-service assay laboratory facility about 25 kilometers (16 miles) from the company's Premier gold mine project near Stewart, British Columbia. Seacan Labs Corp., a BC-based company that constructs and commissions modular labs for the mining industry, installed a full-service assay lab at the World Port facility in Stewart, BC, early last year. This lab has the capacity to process roughly 250 samples per day,...
Core Assets Corp. Sept. 12 announced that its 2023 drilling continues to extend zones of strong silver-zinc-lead mineralization at Silver Lime, a carbonated replacement deposit-porphyry project on the company's Blue property in Northern British Columbia. Lying alongside the Alaska border in BC's Atlin Mining District, Blue is a 275,890-acre (111,650 hectares) land package covering high-grade skarn and carbonate replacement and porphyry prospects enriched with silver, zinc,...
Dolly Varden Silver Corp. Sept. 11 reported that drilling continues to extend high-grade silver mineralization at the Wolf vein on the company's Kitsault Valley gold-silver project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project, and the adjacent Homestake Ridge gold-silver project the company acquired from...
Cassiar Gold Corp. Sept. 12 reported the first batch of assays from its 2023 drill program at the company's namesake project in Northern British Columbia. Situated about 55 miles (90 kilometers) southwest of Watson Lake, Yukon, the 145,800-acre (59,000 hectares) Cassiar gold property is divided into two areas – Cassiar North, which hosts the bulk tonnage Taurus gold deposit, and Cassiar South, which hosts multiple high-grade gold targets. Since the June 1 start of the 2023 d...
Skeena Resources Ltd. Sept. 5 announced a 237% increase in the amount of gold in the indicated resource category at its Snip project in British Columbia's Golden Triangle. Located about 35 kilometers (22 miles) west of Eskay Creek, which has been the primary focus for Skeena, Snip is the home to a high-grade underground gold mine operated by Barrick Gold Corp. that produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric gold dur...
Ascot Resources Ltd. Aug. 14 reported that its Premier gold mine in Northern British Columbia remains on track for first gold production in the first quarter of 2024. Lying next to the town of Stewart at the southern tip of BC's Golden Triangle, Premier is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020 envisions four underground mines – Big Missouri, Silver Coin, Premier, and Red Mountain – feeding ore to an upd...
Goliath Resources Ltd. Aug. 10 reported that its first batch of assay results confirm high-grade intercepts indicated by visible gold encountered in holes drilled at its Golddigger property about 30 kilometers (19 miles) southeast of Stewart in Northern British Columbia. A roughly 20,000-meter drill program that got underway in May has cut visible gold in multiple holes across a 1,600-meter-long area that covers Surebet Zone and Bonanza Shear. Based on current modeling,...
Thesis Gold Inc. Aug. 29 reported that assays from its first three 2023 holes at Lawyers further confirm the potential to expand high-grade gold mineralization to depth at the Dukes Ridge deposit on this property in Northern British Columbia's Toodoggone Mining District. The batch of assays from deep drilling at Dukes Ridge marks the first news flow since Thesis and Benchmark Metals Inc. completed a merger that consolidates the adjacent Lawyers and Ranch gold-silver projects...
Ascot Resources Ltd. Aug. 25 reported that drills have tapped high-grade gold outside the currently planned stopes at Prew Zone, which is the first area of the Premier deposit to be mined when a new era of operations begins at the Premier gold project near the town of Stewart at the south tip of British Columbia's Golden Triangle. A 2020 feasibility study envisions four underground mines feeding ore to an updated version of the Premier mill. At 2,500 metric tons per day, this...
Hole GD-23-157 cuts 9 meters of 45.3 g/t gold and 225.4 g/t silver; prospecting turns up 4 discoveries. Goliath Resources Ltd. Aug. 15 announced that assays have returned 23 meters of high-grade gold in GD-23-157, a hole drilled at the Golddigger property in Northern British Columbia that contained 12 occurrences of visible gold observed over a 20-meter section of drill core. Hole GD-23-157 cut 23 meters averaging 18.95 grams per metric ton gold and 95.3 g/t silver (21.08 g/t...
Goliath Resources Ltd. July 31 announced that it has now cut visible gold in 10 holes drilled so far this year across a 1,500-meter stretch of the company's Golddigger property near Dolly Varden Silver Corp.'s Kitsault Valley gold-silver project in Northern British Columbia. While assays are pending from all the holes drilled by Goliath this year, the VG seen in core coupled with results from 2022 drilling at Golddigger are good indicators for the company and project....
Dolly Varden Silver Corp. Aug. 8 reported that the first batch of assays from its 2023 drill program at Kitsault Valley has further extended silver mineralization on this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project, and the adjacent Homestake Ridge gold-silver project the...
Benchmark Metals Inc. June 26 announced that it is mobilizing equipment and crews to carry out a 20,000-meter drill program focused on further evaluating and expanding the "Cliff Creek and Duke's Ridge deep" high-grade gold and silver zones on the company's Lawyers project in Northern British Columbia. "Benchmark will have three drill rigs turning at the Lawyers Project this year and anticipates results from late July to December," said Benchmark Metals CEO John Williamson. A...
Goliath Resources Ltd. June 12 announced that it has cut visible gold in five holes drilled so far this year across a 1,500-meter stretch of the company's Golddigger property about 30 kilometers (19 miles) southeast of the mining town of Stewart in Northern British Columbia. In May, Goliath launched what is now expected to be a 20,000-meter drill program focused on building upon the success of an 86-hole program completed last year. Highlights from the 2022 drilling include:...
Thesis Gold Inc. June 27 announced that it is gearing up for a roughly 30,000-meter drill program at Ranch, a gold exploration property immediately north of Benchmark Metals Inc.'s Lawyers gold-silver project in Northern British Columbia. In early June, Thesis and Benchmark announced plans for a merger that would consolidate Ranch and Lawyers into a single 324-square-kilometer (125 square miles) gold-rich land package in the Toodoggone region of Northern BC. Each company is...
Skeena Resources Ltd. June 20 announced an upgraded and expanded resource estimate for Eskay Creek that will likely convert into new reserves of gold and silver with an updated feasibility study for this Northern British Columbia mine project slated for completion before the end of this year. According to the new calculation, Eskay Creek hosts 50.1 million metric tons of open-pit-mineable measured and indicated resources averaging 2.57 grams per metric ton (4.14 million...
Seabridge Gold Inc. May 30 announced the start of a more than 12,000-meter drill program to test high-level porphyry copper-gold targets on the company's Iskut property in Northern British Columbia's Golden Triangle. "We are excited to get our program started early in the field season after last year's success at Iskut," said Seabridge Gold Chairman and CEO Rudi Fronk. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to...
Skeena Resources Ltd. May 24 announced that is has raised C$73.5 million (US$53.9 million) to carry out early development activities at its Eskay Creek gold-silver mine project in Northern British Columbia. A feasibility study completed last September details plans for an open pit mine at Eskay Creek that would produce 2.42 million ounces of gold and 66.7 million oz of silver from 29.9 million metric tons of proven and probable reserves averaging 2.99 grams per metric ton gold...
Goliath Resources Ltd. May 19 announced that it has mobilized equipment and crew to Golddigger for an 18,000-meter drill program at this gold-silver project in Northern British Columbia. "After many months of extensive and detailed planning in the off season, we are very pleased to have mobilized for another aggressive drill campaign this year at our high-grade gold-silver Golddigger property," said Goliath Resources CEO Roger Rosmus. Located just southwest of Dolly Varden...
Cash from royalty sold to Sprott will help elevate BC copper-gold-silver mine project to "substantially started" status. Seabridge Gold Inc. May 11 announced that it has raised US$150 million (C$201 million) to carry out the work required to elevate KSM to the "substantially started" status, which will ensure the longevity of the environmental assessment certificate for this copper-gold-silver mine project in British Columbia's Golden Triangle. Once a certain threshold has...
Brixton Metals Corp. May 17 announced the start of an up to 20,000-meter drill program on the company's Thorn copper-gold project in the northern reaches of British Columbia's Golden Triangle. The 2,863-square-kilometer (1,105 square miles) Thorn project, which hosts both porphyry copper-gold-silver-molybdenum targets and high-grade epithermal gold targets, has attracted the interest of one of the world's largest mining companies. Late last year, BHP Group Ltd. invested...
Core Assets Corp. May 1 announced the discovery of a high-grade silver-zinc-lead-copper target in the Silver Lime project area of the company's Blue property in Northern British Columbia. Situated along the Alaska border in BC's Atlin Mining District, Blue is a 275,890-acre (111,650 hectares) land package covering high-grade skarn and carbonate replacement and porphyry prospects enriched with copper, gold, silver, zinc, and lead. The two most advanced project areas on the...
Ascot Resources Ltd. May 11 announced plans for up to 14,000 meters of resource expansion and upgrade drilling during the 2023 season at its Premier gold mine project in Northern British Columbia. Situated near the mining town of Stewart at the southern tip of BC's Golden Triangle, Premier is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020 envisions four underground mines – Big Missouri, Silver Coin, Premier, and Red M...
Newcrest Mining Ltd. May 11 announced that it has granted Newmont Corp. one more week to complete due diligence ahead of finalizing a merger between the two large mining companies. In February, it was revealed that Newmont had made an all-shares merger offer of 0.363 Newmont shares for each Newcrest share held and then a second for 0.38 Newmont shares per Newcrest share. Newcrest, however, balked from the first two offers because the board of directors did not believe either...
Core Assets Corp. April 18 reported that its 2022 sampling has extended mineralization at the Falcon target, a vein-hosted gold-silver occurrence associated with the Silver Lime project on the company's Blue property in Northern British Columbia. "In addition to the high-grade carbonate replacement occurrences discovered and sampled at the Silver Lime CRD-Porphyry Project, many historical and new high-grade vein-hosted occurrences were located and extended in 2022," said Core...