The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 200 of 561
Snowline Gold Corp. May 2 outlined plans for a 15,000-meter drill program on its Rogue gold property in the Yukon, as well as the successful listing on the TSX Venture Exchange. With an extensive portfolio that includes roughly 280,000 hectares (602,000 acres) of gold exploration properties within the Selwyn Basin near Yukon's eastern border with Northwest Territories and nearly 6,500 hectares (16,062 acres) of gold projects closer to Yukon's western border with Alaska, this...
Sitka Gold Corp. April 12 reported an update on its recently initiated 10,000-meter diamond drill program at the company's RC Gold project, which has already begun returning impressive results that is "far beyond anything" the company has seen to date. Located within the central region of Canada's Yukon Territory, the RC Gold project is roughly midway between Sabre Gold Mines Corp.'s Brewery Creek mine project and Victoria Gold Corp.'s Eagle Gold mine. At approximately 37,700...
White Gold Corp. April 25 announced an updated mineral resource estimate for its flagship White Gold project which has added the Ryan's Surprise and VG deposits to the tally, reaffirming its indicated category and swelling the amount of gold in the inferred resource category by 41%. "We are very pleased with the significant increase in our mineral resources," said White Gold CEO David D'Onofrio. "In a relatively short period of time, we have delineated a very large gold...
Snowline Gold Corp. May 31 announced that visible gold has been observed in 10 of the first 14 holes drilled this year at the Valley Zone of the company's Rogue gold project in the Yukon. Drill crews and staff were recently mobilized to Snowline's 50-man Forks Camp to complete up to 18,000 meters of drilling this year. "Following a transformative year in 2022, we are excited to be back in the field with a larger and more advanced 2023 exploration campaign," said Snowline Gold...
Sitka Gold Corp. June 6 announced the assay results for the second hole drilled during the company's planned 10,000-meter drill program expanding on its RC Gold project in the prolific Tombstone Gold Belt in Canada's Yukon. Consisting of a 376-square-kilometer contiguous district-scale land package, RC Gold is located near the newly road-accessible Clear Creek, Big Creek, and Sprague Creek districts in the heart of Yukon's Tombstone Gold Belt. Approximately 100 kilometers (60...
Fireweed Metals Corp. June 6 announced the start of a planned 16,000-meter drill program at Macmillan Pass in Yukon, Canada, which will be its largest-ever drill program with the goal of expanding the zinc-rich zones at its flagship property. "We are off to a great start and look forward to a game-changing season ahead," said Fireweed Metals CEO Brandon Macdonald. "We are on track to complete the largest ever drill program Fireweed has carried out at Macmillan Pass."...
Seabridge Gold Inc. May 25 announced that it is preparing for a 7,500-meter drill program at 3 Aces, a road-accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries in southeastern Yukon. 3 Aces, which hosts two of the highest-grade surface outcrops ever discovered in the Yukon, has 30 mineralized veins which have been discovered through sampling, trenching, roadwork, and drilling within its Central Core area. Seabridge, which...
Banyan Gold Corp. May 24 announced that it has added more than 2 million additional ounces to its AurMac project in the Yukon over the past year, elevating the current resource to 6.2 million oz of gold. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and Aurex Hill. A...
Sitka Gold Corp. May 24 announced the preliminary assay results from its first hole drilled for the 2023 program at the Blackjack deposit on the RC Gold project in the Yukon. And after the initial excitement from the visible gold seen when the core first surfaced in April, it was well worth the wait. "Step out drilling at our Blackjack gold deposit continues to impress with Hole 41 returning some of our best gold intercepts to date," said Sitka Gold CEO Cor Coe. Shortly after...
Sitka Gold Corp. May 8 announced multiple occurrences of visible gold has been observed in all three holes drilled during the winter phase of 2023 diamond drilling at the company's RC Gold project in Yukon, Canada. "We are very encouraged by the visual observations of the drill holes completed during the initial phase of 2023 drilling at RC Gold," said Sitka Gold CEO Cor Coe. "An early start to this year's diamond drilling at the company's year-round, road accessible RC Gold...
Yukon Minister of Energy, Mines and Resources John Streicker April 18 announced that Minto Metals Corp. has been issued an inspector's direction to take action to prevent overfilling of the tailings storage facilities at its Minto copper mine during the spring snowmelt. Located within the traditional territory of the Selkirk First Nation in the Minto Copper Belt of the Yukon, the Minto Mine has been in operation since 2007, with underground mining commencing in 2014. Over the...
Cantex Mine Development Corp. April 13 announced an update for its North Rackla claim block in Canada's Yukon, reporting results from the latest 21 holes from the company's 2022 drill program. North Rackla was generated from a 30,000-square-kilometer (11,583 square miles) regional heavy mineral sampling program and was discovered in an area favorable for Carlin-style mineralization similar to ATAC Resources Ltd.'s Osiris deposit in 2010. During 2022, Cantex tested three...
Nickel Creek Platinum Corp. April 11 announced the latest results from its 2022 drilling and geophysics program at the Arch target on the company's Nickel Shaw project, which successfully extended mineralization at depth and along strike at this Yukon nickel-copper project. According to a 2018 resource estimate, Nickel Shaw hosts 323.4 million metric tons of measured and indicated resource averaging 0.26% (1.9 billion pounds) nickel, 0.16% (1.1 billion lb) copper, 0.015% (107...
White Gold Corp. April 5 announced that it has identified two large copper-molybdenum porphyry targets on its Pedlar and Hayes properties in the southern portion of the company's 350,000-hectare (865,000 acres) land package in the Yukon. "Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources. However, the Yukon is rich in various other metals which is also the case in our large land package,"...
Victoria Gold Corp. April 5 announced that it produced 37,619 ounces of gold during the first quarter of 2023 operations at its Eagle Mine in the Yukon, a nearly 55% increase over the 24,358 oz produced during the first three months of last year. "This was the best Q1 performance for the Eagle Gold Mine since operations commenced with strong gold production and ore tonnage stacked on the heap leach pad," said Victoria Gold President and CEO John McConnell. Since pouring the...
Metallic Minerals Corp. April 10 announced the final results from the 2022 exploration at its Keno Silver project in Canada's Yukon. While small, the program unearthed impressive silver grades that are in line with the historical Keno Hill Silver District. Consisting of 171 square kilometers (66 square miles) within the historic Keno Hill Silver District, Metallic Minerals has been advancing its flagship Keno Silver project. Covering the eastern portion of the district, along...
Hecla Mining Company April 6 announced that after several weeks of deliberation, it has reached a definitive agreement to move forward with the purchase of ATAC Resources Ltd.'s Rackla and Connaught projects, while also spinning out the Yukon-focused exploration company's earlier staged copper properties into Cascadia Minerals Ltd. After declining a proposal from Victoria Gold Corp. at the beginning of February, ATAC announced shortly after its intention to sell its...
Western Copper and Gold Corp. March 24 announced a C$21.3 million (US$15.6 million) investment from Mitsubishi Materials Corp. to help advance the company's Casino copper-gold project in Canada's Yukon. 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 the traditional territory of the Selkirk First Nation. Historically, two...
Minto Metals Corp. March 16 announced that it will not be shipping Minto Mine copper concentrate through the ore terminal in the Southeast Alaska port town of Skagway for at least the next two years. Concentrates enriched with copper, gold, and silver produced at Minto have been shipped out of Skagway since the 2007 start of production at the Yukon mine. The Skagway Ore Terminal, which is only about 110 miles (175 kilometers) south of the Yukon capital city of Whitehorse and...
Snowline Gold Corp. March 28 announced the closing of C$19.16 million (US$14.1 million) financing that involved B2Gold Corp. buying a 5% interest in the Yukon-focused gold explorer through the purchase of 3.94 million flow-through shares at C$4.86 per share. "B2Gold is a major global gold producer with a strong track record of growth built on a demonstrated commitment to communities, sustainable mining and employee safety," Snowline Gold CEO Scott Berdahl said earlier this...
Snowline Gold Corp. March 14 announced that B2Gold Corp. is making a strategic investment of just over C$19 million in the Yukon-focused exploration company by purchasing nearly four million Snowline shares. "We are excited to welcome B2Gold as a growth-focused, long-term, value-driven investor," said Snowline Gold CEO Scott Berdahl. "B2Gold is a major global gold producer with a strong track record of growth built on a demonstrated commitment to communities, sustainable...
Banyan Gold Corp. March 6 announced the start of its 2023 exploration program at the company's AurMac property in Yukon, Canada, as well as the addition of Brad Thrall as technical advisor for early prep-work needed to build a working mine. In addition to its initially planned 25,000 meters of drilling being completed with three diamond rigs now turning, which is being supported by an on-site assay prep lab, Banyan's 2023 program at AurMac will include expanded metallurgical,...
ATAC Resources Ltd. March 14 announced that it has extended the effective period of the letter of intent with Hecla Mining Company from the initial date of March 15 to April 14. Last month, ATAC and Hecla announced the mutual entering of a non-binding letter of intent for Hecla to acquire all issued and outstanding shares of ATAC. You can read the initial announcement at ATAC acquiesces to Hecla's superior offer in the February 22, 2023 edition of North of 60 Mining News....
Fireweed Metals Corp. announced the last two rounds of assays from its 2022 drill program at the company's Macmillan Pass project in Yukon, Canada, signaling the receipt of all drill results and setting the stage for its planned largest drill program this year. In quick succession, Fireweed received its second-to-last batch on March 2, with the remaining nine holes rolling in on March 6. The first results are the final assays from Boundary Zone, while the last results received...
Snowline Gold Corp. March 7 reported yet more results from the 2022 drill program that elevated the Valley zone on the company's Rogue project from an intriguing exploration target to what is shaping up to be a globally significant gold deposit in Canada's Yukon. "Today's results continue to highlight and build on the prospectivity of our Rogue project," said Snowline Gold CEO Scott Berdahl. "A single season has transformed our Valley zone from an interesting exploration...
