The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 376 - 400 of 562
ATAC Resources Ltd. Nov. 30 announced that the Yukon government has rejected the company's application to build a 65-kilometer (40 miles), private tote road that would have supported advanced exploration and potential mine development at Rau, the westernmost of three projects that make up ATAC's expansive Rackla gold property in the Yukon. The proposed all-season road would have branched off the Hanson Lake Road west of Keno City and extended north to Tiger, the most advanced...
Fireweed Zinc Ltd. Nov. 23 announced that it has nearly doubled its land position in the Macmillan Pass area of eastern Yukon through the acquisition of two claim blocks that cover zinc, lead and silver targets to the west of its already large mineral exploration project. To acquire this western extension of the Macmillan Pass project, Fireweed entered into two separate agreements – one with QuestEx Gold & Copper Ltd. for approximately 74 square kilometers (18,300 acres) of m...
With the acquisition of Copper North Mining Corp., Granite Creek Copper Ltd. now owns the advanced staged Carmacks copper-gold project and a roughly 20-kilometer- (12.5 miles) stretch of the highly prospective Minto Copper Belt in Canada's Yukon. Over the past two years, Granite Creek has been exploring Stu, a 111-square-kilometer (42.9 square miles) early stage gold-copper project. In a deal that closed on Nov. 27, Copper North has expanded its land position within the Minto...
Victoria Gold Corp. Nov. 16 reported long intersection of strong gold mineralization in the final 13 holes drilled at the Raven target on the company's 555-square-kilometer (214 square miles) Dublin Gulch property in the Yukon. Discovered in 2018, Raven is a near surface gold target about 13 kilometers (eight miles) east of Victoria's Eagle Gold mine. The 2020 drill program at Raven extended high-grade gold mineralization there to 750 meters along strike, which is triple the...
Banyan Gold Corp. Nov. 16 reports that recent assay results demonstrate the expansion potential of the Powerline zone on the company's AurMac gold property in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. According to a May calculation AurMac hosts 52....
BMC Minerals Ltd. Oct. 27 announced that the Yukon Environmental and Socio-Economic Assessment Board has completed the environmental and socio-economic review of the company's proposal to develop a mine at the ABM silver-zinc deposit on the Kudz Ze Kayah (KZK) project and has recommended that the mine be allowed to proceed to permitting. "We are very pleased to receive the final screening report following a robust and thorough assessment process with input from all affected...
White Gold Corp. Oct. 14 reported that it cut high-grade gold mineralization in five of the six holes drilled this year at Ryan's Surprise, a target about 2,000 meters west of the company's flagship Golden Saddle deposit in the Yukon. The Golden Saddle and Arc deposit on the White Gold property host 15.6 million metric tons of indicated resource averaging 2.28 grams per metric ton (1.14 million oz) gold; and 9 million metric tons of inferred resource averaging 1.39 g/t...
Victoria Gold Corp. Oct. 10 reported that its Eagle Gold Mine in the Yukon produced 35,312 ounces of gold during the third quarter, which was lower than expected due to bottlenecks in the production circuit. In July, the company forecast Eagle would produce 85,000 to 100,000 oz of gold during the second half of 2020, or an average of 42,500 to 50,000 oz per quarter. While the gold production is below pace, Victoria is pleased with the performance of the newly commissioned...
White Gold Corp. Oct. 22 reported that this year's trenching, GT probe and soil sampling at JP Ross has identified widespread structurally controlled gold mineralization at multiple targets on the road accessible property in Yukon's White Gold District. "To date, at least 14 gold targets have been identified on the JP Ross property across a 14- by 11-kilometer (8.7 by 6.8 miles) area, many within close proximity to significant current and historical placer gold operations,"...
Victoria Gold Corp. Oct. 19 reported wide sections of strong gold mineralization during the 2020 drill program at Raven, the newest discovery on the company's 555-square-kilometer (214 square miles) Dublin Gulch property in the Yukon. Discovered by Victoria geologists in 2018, Raven is a near surface gold target about 13 kilometers (eight miles) east of the company's Eagle Gold mine. Trenching at Raven in recent years has encountered strong gold mineralization. Highlights...
Alianza Minerals Ltd. announced plans for a late-season drill program at its Haldane high-grade silver project in Yukon's historic Keno Hill Mining District. Situated about 25 kilometers (16 miles) west of Keno City, Haldane is the site of a historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 g/t (99.7 oz/t) silver and 59% lead on the south side of Bighorn Creek veins. From 1926 and 1927, a vein on the north side of Bighorn Creek produced...
Banyan Gold Corp. Sept. 21 reports that step-out drilling has extended the strike of the Airstrip deposit on its AurMac property in the Yukon by roughly 200 meters. Airstrip is the larger of two deposit at AurMac, a road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 10 kilometers (six miles) south of Victoria Gold Corp.'s Eagle gold mine. According to a resource calculated earlier this year, Airstrip hosts 46 million metric tons of inferred...
Golden Predator Mining Corp. Sept. 28 announced the start of a more than 3,000-meter drill program focused on expanding the resource at its Brewery Creek gold mine project about 35 miles (55 kilometers) east of Dawson City, Yukon. According to a calculation published in August, Brewery Creek hosts 22.2 million metric tons of indicated leachable resource averaging 1.11 grams per metric ton (789,000 ounces) gold, plus 16.8 million metric tons of inferred leachable resource at 0....
ATAC Resources Ltd. Sept. 14 announced that the initial phase of 2020 exploration at its Rau project in the Yukon indicates the presence of a large orogenic gold system at the Airstrip target. Airstrip is roughly 5,000 meters southeast of Tiger, a carbonate replacement deposit that hosts 4.53 million metric tons of measured and indicated resources averaging 3.19 grams per metric ton (464,000 oz) of gold. A preliminary economic assessment published earlier this year outlined...
Golden Predator Mining Corp. Aug. 31 published an updated resource estimate to support a feasibility study that will provide details of a plan to re-establish gold mining at the company's Brewery Creek project about 35 miles (55 kilometers) east of Dawson City, Yukon. The initial phase of Golden Predator's Brewery Creek mine restart plan involves reprocessing tailings from previous heap leach operations at Brewery Creek and mining of new oxide gold mineralization to process on...
Fireweed Zinc Ltd. Aug. 19 announced it is ramping up a late season drilling and exploration program at its Macmillan Pass zinc project in eastern Yukon. This program, which will include expansion of known zones of high-grade zinc mineralization and exploration of new zones, is being funded by a C$5.2 million financing completed earlier this month. "Our recent financing has allowed us to mount a big exploration program this summer that will run late into the season," said...
White Gold Corp. Aug. 6 announced that drills are testing Ryan's Surprise a target that could add to the more than 1 million ounces of gold already outlined on the company's White Gold property. The two main deposits identified so far at White Gold, Golden Saddle and Arc, host 14.3 million metric tons of indicated resource averaging 2.26 grams per metric ton (1.04 million oz) gold and 10.7 million metric tons of inferred resource averaging 1.48 g/t (508,700 oz) gold. Ryan's,...
Victoria Gold Corp. July 27 announced that crews at its Eagle Gold Mine in the Yukon have worked two years without a lost time incident. While a commendable achievement on its own, this safety milestone is particularly exceptional when you consider that this two-year span encompasses mine construction, transition to commercial mining operations, and the complexities arising from COVID-19 travel restrictions and protocols. "Even with recent major announcements including...
Alexco Resource Corp. July 27 announced that it has received the final water use license for Keno Hill Silver District and is advancing the Yukon silver mine toward production. Issued by the Yukon Water Board on July 23, the final water use license authorizes Alexco to source and use water as well as discharge water into approved facilities in and around the Bellekeno, Flame & Moth, and Bermingham underground mines, as well as the Keno Hill mill facility. The license is good...
Strategic Metals Ltd. July 27 announced the start of a 7,000-meter drill program at Mount Hinton, a high-grade gold-silver project in the Keno Hill district of central Yukon. The Mount Hinton property hosts numerous high-grade, gold-silver veins developed in a series of structural zones that cut across the same quartzite unit that hosts the very high-grade silver veins for which the Keno Hill district is renowned. Strategic said the 2020 program, the first large-scale diamond...
Rockhaven Resources Ltd. July 13 released the results of a preliminary economic assessment for a mine at its Klaza project in southern Yukon that could economically produce roughly 750,000 ounces gold and 13.8 million oz silver over a 12-year mine life. Based on US$1,450/oz gold, US$17/oz silver, and a C$1 to US72 cent exchange rate, the Klaza mine outlined in the PEA would generate a post-tax net present value (at a 5% discount) of C$378 million and a 37% internal rate of...
ATAC Resources Ltd. July 15 announced that the initial phase of its 2020 exploration program is now underway at Rau, an intriguing precious and base metals project at the western end of the 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. ATAC's phase-one 2020 exploration program will include excavator trenching, 1,500 meters of rotary air blast (RAB) drilling, mapping and prospecting to develop diamond drill targets at the Airstrip target, which hosts an...
Western Copper and Gold Corp. July 13 announced that the tonnage of measured and indicated mill resources at its Casino copper-gold project in the Yukon has more than doubled. A 2013 feasibility study for developing a mine at Casino envisions utilizing both a mill and heap leach to recover the copper, gold, silver, and molybdenum found there. According to the new calculation, Casino now hosts 2.17 billion metric tons of millable measured and indicated resources averaging...
Victoria Gold Corp. July 7 announced that its Eagle Mine in the Yukon produced 13,828 ounces of gold during June. This is the best month for the mine that achieved commercial production on July 1. "Since restarting stacking mid-March, we have steadily seen an increase in monthly gold production," said Victoria Gold President and CEO John McConnell. "With the increasing price of gold, our June production has a value of greater than C$30 million." Gold output at Eagle has been s...
White Gold Corp. June 29 announced the launch of its 2020 exploration program, including drilling at Titan, a high-grade gold project on the Hen property about 70 kilometers (43 miles) southeast of Dawson City, Yukon. "We are very excited to kick off our 2020 exploration program," said White Gold CEO David D'Onofrio. "The fully funded program is designed to be focused and impactful starting with drilling the Titan anomaly identified late last year and to follow up on some of...
