The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 426 - 450 of 562
Victoria Gold Corp. Dec. 9 reported that its summer exploration program has expanded the near surface high-grade gold discovered at the Raven target on the company's Dublin Gulch property in the Yukon. Situated about 13 kilometers (eight miles) northeast of Victoria's newly established Eagle Gold Mine, Raven is a 2018 discovery target that has the exploration company turned gold producer excited. Raven is a target within the Nugget zone, which hosts the second largest known in...
Banyan Gold Corp. Dec. 11 reported that the second phase of 2019 drilling at its Aurex-McQuesten project in the Yukon continues to expand gold mineralization at the Airstrip zone. Previous drilling at Airstrip has outlined a roughly 90-meter-thick package of near surface gold mineralization along about 500 meters of strike. The 2019 phase-2 program is designed to extend this zone to 1,000 meters along strike. The latest batch of four holes – MQ-19-54, MQ-19-55, MQ-19-56 and M...
Triumph Gold Corp. Dec. 11 said the results from the final three holes of its 2019 drill program at Freegold Mountain continue to provide compelling evidence for a large porphyry related gold-copper system underlying near surface gold-copper deposits already outlined on the roughly 200-square-kilometer (77 square miles) property in the Yukon. The two most advanced deposits along a six-kilometer (3.7 miles) trend that spans the Freegold Mountain property are Nucleus and...
Victoria Gold Corp. Dec. 4 announced a 22 percent increase in gold reserves at Eagle, which is expected to translate into increased annual production at the company's newly developed mine in the Yukon. The Eagle Mine went into production earlier this year with 2.66 million ounces of gold in 123 million metric tons of reserves averaging 0.67 grams per metric ton gold, enough ore for Yukon's newest large mine to produce roughly 200,000 oz of gold annually over an initial...
Pembridge Resources plc Dec. 4 announced that its revenue from the restart of operations at the Minto copper mine in the Yukon now exceeds US$7 million. United Kingdom-based Pembridge, which finalized a deal in June to acquire Minto from Capstone Mining Corp., resumed operations at the mine in October. To ensure steady revenue from Minto, the new mine owner entered into an offtake agreement with Sumitomo Corp. for the copper concentrates produced there. Under this agreement,...
Victoria Gold Corp. Nov. 25 announced that its Eagle Gold Mine in the Yukon has surpassed 10,000 ounces of gold production. Construction at Eagle Gold was completed in July and on Sept. 17 Yukon's newest large-scale gold mine poured its first bar. At the time, Eagle Gold crews had worked 1,720,843 hours without a lost time incident. This would be a stellar achievement for any workforce but is especially noteworthy when you consider this is a newly formed crew and the work it...
Benchmark Metals Inc. Nov. 21 reports that it continues encounter strong gold-silver mineralization with drilling at the Amethyst Gold Breccia (AGB) Zone at its Lawyers project in northern British Columbia. Amethyst Gold Breccia is one of four mineralized areas – AGB, Cliff Creek, Dukes Ridge and Phoenix – that have been identified within a 3,000-meter radius in the central portion of the greater than 20-kilometer- (12.4 miles) long Lawyers trend. Three of these zones – Cliff...
White Gold Corp. Nov. 26 announced high-grade gold intercepts from discovery drilling of the Titan target at the company's Hen property in Yukon's White Gold District. Situated less than 15 kilometers west of the Vertigo discovery on the JP property and 25 kilometers north of the Golden Saddle and Arc deposits on the White Gold property, Titan is a new discovery identified with soil sampling by White Gold. One sample from Titan returned 113 grams per metric ton gold, the...
Banyan Gold Corp. Nov. 18 reported that the first four holes of its second phase of 2019 drilling at the Aurex-McQuesten project in the Yukon has tapped gold mineralization in an expansion area of the Airstrip target. The initial phase of 2019 drilling at Aurex-McQuesten included 494 meters of infill drilling at the Airstrip (formerly referred to as McQuesten) zone and 504 meters of discovery drilling at Powerline, a gold zone about 1,000 meters south of Airstrip. Previous...
Golden Predator Mining Corp. Nov. 14 announced that it plans to have a feasibility study completed for the initial phase of its plan to restart gold production at the Brewery Creek gold mine by the first quarter of next year. Located about a 45-minute drive east of Dawson City, Yukon, Brewery Creek is the site of an open-pit, heap-leach mine that produced 277,170 ounces of gold over a seven-year span beginning in 1996. Viceroy Resource Corp., which established the mine, opted...
ATAC Resources Ltd. Nov. 14 announced it is working on an updated resource estimate and preliminary economic assessment (PEA) for its high-grade Tiger gold deposit at Rau, the westernmost of three projects that make up the company's 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. A previous PEA, completed in 2016, in May, investigated the use of an agitated tank carbon-in-pulp leaching process to recover gold from the highly oxidized carbonate replacement...
Golden Predator Mining Corp. Nov. 12 announced that tests have confirmed that EnviroLeach Technologies Inc.'s formula effectively extracts and recovers more than 95 percent of the gold from sulfide concentrates produced at the company's 3 Aces project in eastern Yukon. EnviroLeach Technologies has developed a proprietary non-cyanide, water-based, neutral pH treatment solution for recovering precious metals from ores, concentrates and recycled electronics. The solution can...
Pembridge Resources plc Nov. 6 reported the first revenue from Minto since the restart of operations at its recently acquired copper mine in the Yukon. Since finalizing a deal in June to acquire Minto from Capstone Mining Corp., the United Kingdom-based company has been working toward the restart of operations at this copper mine. During 10 months of production in 2018, the Minto Mine produced 23 million lb of copper, 9,251 ounces of gold and 98,000 oz of silver from 907,000...
Fireweed Zinc Ltd. Nov. 5 reported that drills cut 230 meters averaging 4.14 percent zinc from a depth of eight meters at Boundary, a zone currently not included in the resource for the company's Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) sil...
Golden Predator Mining Corp. Oct. 29 said it is making significant headway toward the resumption of operations at its Brewery Creek Mine project about 55 kilometers east of Dawson City, Yukon. Viceroy Resource Corp. established a mine at Brewery Creek in 1996 and recovered around 280,000 ounces of gold from the open-pit, heap-leach operation over seven years. With gold prices averaging around US$310/oz in 2002, Viceroy opted to wind down operations at Brewery Creek and put the...
White Gold Corp. Oct. 24 reported that its regional exploration has encountered very high-grade gold in rock samples collected at Titan, a discovery on the Hen property and less than 15 kilometers (nine miles) northwest of the Vertigo discovery on the neighboring JP Ross property in Yukon's White Gold District. Titan was first identified with soil sampling by White Gold, including one sample that returned 113 grams per metric ton gold, the highest-grade of more than 400,000 so...
Fireweed Zinc Ltd. Oct. 16 reported that drills cut 250 meters averaging 3.44 percent zinc from the surface at Boundary, a zone currently not included in the resource for the company's Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plu...
Triumph Gold Corp. Oct. 2 announced the retirement of Paul Reynolds, who served as president and CEO of the Yukon-based mineral exploration company for the past five years. Former Triumph Gold Vice President of Exploration Tony Barresi now serves as president and John Anderson, the executive chairman of the company, will fill in as interim CEO. Barresi is an economic geologist with fifteen years of base and precious metal exploration experience. During his three-year tenure...
Banyan Gold Corp. Oct. 2 announced a second phase of 2019 drilling at Aurex-McQuesten, a Yukon gold project about 10 kilometers (six miles) south of Victoria Gold Corp.'s Dublin Gulch property. The 997-meter initial phase of 2019 drilling at Aurex-McQuesten focused on infill drilling at the Airstrip (formerly referred to as McQuesten) gold zone and discovery drilling at Powerline, a gold discovery zone about 1,000 meters south of Airstrip. The Powerline discovery holes cut...
Western Copper and Gold Corp. Sept. 24 reported a high-grade gold intercept from a hole drilled during the company's roughly 13,500-meter drill program at the Casino copper-gold project in the Yukon. Hole DH19-21, drilled near the southern edge of the enormous Casino copper-gold deposit cut 2.97 meters averaging 55.1 grams per metric ton gold. A re-assay of this sample returned 65.9 g/t gold, confirming the robust gold grade. This is the third high-grade intercept encountered...
Strategic Metals Ltd. Sept. 9 reported that it continues to find high-grade gold and silver veins at its Mount Hinton property in Yukon's Keno Hill District. During its initial phase of 2019 exploration at Mount Hinton, which focused on a 3,500- by up to 1,500-meter gold-in-soil anomaly on the eastern side of Granite Creek, Strategic geologists collected a rock sample that averaged 2,340 grams per metric ton (75.23 ounces per metric ton) gold and 597 g/t (19.2 oz/t) silver....
Triumph Gold Corp. Sept. 12 reported that this year's deep drilling program has encountered the buried porphyry gold-copper mineralization being targeted at the first of three areas being tested on the company's Freegold Mountain Property in the Yukon Territory. Over the years, Triumph has identified several near-surface, gold-copper targets and deposits over a six-kilometer (3.7 miles) stretch of Freegold Mountain. The two most advanced deposits along this trend are Nucleus a...
ATAC Resources Ltd. Sept. 13 reported high-grade gold and copper from drilling and additional rock samples collected from the Bobcat skarn target at Rau, a 660-square kilometer (255 square miles) project at the western end of the company's 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. While prospecting Bobcat this year, crews collected grab samples with 41.9 grams per metric ton gold and 10.55 percent copper; and 16.15 g/t gold and 7.24 percent copper....
Klondike Gold Corp. Sept. 3 reported that following the success so far of drilling at its Klondike District property, the company has raised C$770,000 to extend the program into October. In early August, the company reported that drilling had tapped bonanza grade gold and silver at Nugget, one of the zones identified on the 576-square-kilometer (217 square miles) Klondike District property near Dawson City, Yukon. Nugget Zone is associated with a prominent, 8,000-meter-long...
Cantex Mine Development Corp. Sept. 5 reported that this year's drilling at its North Rackla project in the Yukon continues to cut massive sulfide zones rich in zinc, lead, manganese and silver. Prospecting, sampling and trenching carried out by Cantex during the 2014-16 seasons showed the potential of the Discovery zone at North Rackla but the real excitement began with the spectacular mineralization tapped during the 2018 drilling into a new zone known as Extension....
