The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 451 - 475 of 562
Banyan Gold Corp. Sept. 3 reported that the first four holes from drilling the Powerline zone on the Aurex-McQuesten property tapped gold mineralization similar to that being encountered on Victoria Gold Corp.'s Dublin Gulch property, which is about 10 kilometers (six miles) to the north. Banyan had two objectives for its 2019 exploration program at Aurex-McQuesten – continue to define and increase confidence within the McQuesten gold zone mineralization with infill d...
Victoria Gold Corp. Sept. 3 reported high-grade gold sections within long intercepts of bulk tonnage mineralization from the 2019 drilling at the Raven target within the Nugget zone on the Dublin Gulch property, Yukon. Situated about 6.5 kilometers (four miles) east of Victoria's Eagle Gold deposit, the Nugget zone hosts the second largest known intrusive body on the Dublin Gulch property – the area currently being mined hosts the largest. Raven, a particularly intriguing t...
Luckystrike Resources Ltd. Aug. 19 announced the completion of a 1,106-meter drill program targeting the expansion of the Monte Carlo zone on the Lucky Strike property in Yukon's White Gold District. Goldstrike Resources Ltd., which spun out Lucky Strike and other Yukon gold properties into Luckystrike Resource in 2018, first encountered gold at Monte Carlo while trenching an 1,800-meter-long induced polarization geophysical anomaly in 2016. That company followed up with a sma...
Fireweed Zinc Ltd. Aug. 20 reported results from the first five holes drilled at the company's Macmillan Pass zinc 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; plus 39.47 million metric tons of inferred resource averaging 5.84 percent (5.08 bil...
Strategic Metals Ltd. Aug. 21 reported a rock sample averaging 2,340 grams per metric ton (75.23 ounces per metric ton) gold and 597 g/t (19.2 oz/t) silver that was collected during this year's exploration at Mount Hinton, a property that covers an extensive system of high-grade gold- and silver-rich quartz veins and breccias in the southern portion of the Keno Hill District of central Yukon. A three-phase program being carried out this year at Mount Hinton is following up on...
Alianza Minerals Ltd. has mobilized a drill for the second phase of its 2019 exploration program at Haldane, a high-grade silver property in Yukon's historic Keno Hill Mining District. "New targets generated during the 2018 field program remain as priority targets for drilling in our phase II program," said Alianza Minerals President and CEO Jason Weber. Located about 25 kilometers (16 miles) west of Keno City, Haldane was first recognized for its high-grade silver...
Klondike Gold Corp. Aug. 6 reported a bonanza grade gold and silver intercept from this summer's drilling at Nugget Zone on the company's 576-square-kilometer (217 square miles) Klondike District property near Dawson City, Yukon. Lying west of Lone Star and north of Gay Gulch – two other exciting zones on the Klondike property –Nugget Zone is associated with a prominent, 8,000-meter-long magnetic low known as the Nugget fault. A 2,500-meter stretch of this fault hosts gol...
White Gold Corp. Aug. 8 reported that initial results from its 2019 drilling have identified at least six high-grade structures at Vertigo and encountered some of the best gold mineralization so far at the Golden Saddle deposit. This first phase of the company's 2019 diamond drill program in Yukon's White Gold District was designed to test the geometry of the Vertigo target and previously underexplored portions of the Golden Saddle deposit and surrounding area. So far, White...
Go Metals Mining Corp. (formerly Go Cobalt Mining Corp.) July 29 announced the completion of an initial phase of 2019 exploration at its Monster copper-cobalt project about 90 kilometers (56 miles) north of Dawson City, Yukon. The Monster property covers a large iron oxide copper gold (IOCG) occurrence that extends for about 18 kilometers (11 miles). Surface sampling has identified copper, cobalt, gold, and silver showings across the entire property. The primary alteration...
Pembridge Resources PLC July 22 announced that it has cut a deal with Sumitomo Corp. for copper concentrates from its newly acquired Minto Mine in the Yukon. Under this offtake agreement, Pembridge is to receive an advanced payment for at least 55,000 metric tons of copper concentrate produced by the Minto mine between now and the end of 2020. Sumitomo will make this advanced payment in monthly installments based on 90 percent of the estimated value of concentrate produced...
Banyan Gold Corp. July 16 announced the completion of a 1,000-meter drill program at its Aurex-McQuesten gold project near the community of Mayo, Yukon. Banyan had two objectives for its 2019 exploration program at Aurex-McQuesten; to continue to define and increase confidence within the McQuesten gold zone mineralization with infill drilling; and test a largely undrilled target area 1,000 meters south of the McQuesten zone, on the Aurex claim block, that is interpreted to...
ATAC Resources Ltd. July 16 said initial results from this year's exploration at Rau continues to expand the mineral potential across the 660-square kilometer (255 square miles) project at the western end of the company's expansive Rackla Gold property in the Yukon. Currently, Rau is anchored by Tiger, a carbonate replacement body with 5.68 million metric tons of measured and indicated resources averaging 2.66 g/t (485,700 oz) gold. However, the project hosts numerous styles...
White Gold Corp. July 10 said GT Probe sampling has confirmed gold mineralization trends previously identified at the Stage Fright, Sabotage, Topaz, and Vertigo targets on the company's JP Ross property in the Yukon. Located about 60 kilometers (37 miles) southeast of Dawson City, the road-accessible JP Ross property is home to Vertigo, a high-grade gold discovery made last year. The Vertigo discovery hole, JPRVERRAB18-001, cut 3.05 meters of 56.25 grams per metric ton gold...
Luckystrike Resources Ltd. July 9 announced the start of drilling on its Lucky Strike property in the heart of Yukon's White Gold District. The program will focus on expanding on discovery hole DDLS-18-06, a 2018 hole that cut 7.6 meters averaging 4.55 grams per metric ton gold within a newly discovered lower zone of sulfide mineralization at Monte Carlo. DDLS-18-06 is the only hole drilled so far to test an 1,800-meter-long induced polarization (IP) chargeability anomaly....
Alianza Minerals Ltd. June 20 announced that Coeur Explorations Inc, a wholly owned subsidiary of Coeur Mining Inc., has signed a letter of intent to explore the road-accessible Tim silver property in southern Yukon. Situated just 12 kilometers (7.5 miles) north of Coeur Mining's Silvertip Mine in northern British Columbia, Tim is an early staged exploration property with similar high-grade silver-lead-zinc mineralization. Historical chip sampling from a trench cut across a zo...
Triumph Gold Corp. June 18 announced the start of a drill program targeting a buried copper-gold porphyry target that has not been previously tested by drilling at the Freegold Mountain project in the Yukon. Triumph has identified numerous near-surface porphyry 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 and Revenue. The Nucleus deposit hosts 74.74 million metric...
Fireweed Zinc Ltd. June 12 announced that crews have begun work in preparation for the 2019 exploration program at Macmillan Pass, a 544-square-kilometer (210 square miles) zinc-lead silver 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; plus 39.47 mil...
White Gold Corp. June 10 announced a 25 percent increase in the gold resources in the Golden Saddle and Arc deposits at its White Gold property in the Yukon. Combined, these two adjacent deposits now host 14.33 million metric tons of indicated resource averaging 2.26 grams per metric ton (1.04 million ounces) gold; and 10.7 million metric tons of indicated resource averaging 1.48 g/t (508,700 oz) gold. This 8 percent increase in indicated and 80 percent increase in inferred...
Victoria Gold Corp. June 4 announced that it is on pace to pour the first bar of gold at its Eagle Mine in the Yukon about a month earlier than previously expected. The soon-to-be gold producer said construction of the Eagle Gold Mine is now 95 percent complete and the first ore is slated to be stacked on the heap leach pad in July. "Construction of the Eagle Gold Mine is nearing completion, ahead of schedule, and the operations team is ready to take advantage by advancing...
Western Copper and Gold Corp. June 3 announce the start of a roughly 10,000-meter drill program at its Casino copper-gold project in the Yukon. According to a 2013 feasibility study, Casino hosts 4.5 billion pounds of copper and 8.9 million oz of gold in 1.1 billion metric tons of proven and probable reserves. This is enough reserves to support a mine that would contribute C$9.6 billion to the Canadian economy and pay C$3.2 billion in taxes and royalties to federal,...
Aben Resources Ltd. May 23 announced that it will have drills turning at the Justin gold project in southeastern Yukon and Forrest Kerr gold project in the Golden Triangle region of British Columbia. This year, the company plans to get an earlier start on exploration with a roughly 2,000-meter drill program at Justin beginning in early June. This program will include prospecting, 600 meters of rotary air blast drilling and 1,350 meters of core drilling. The RAB drilling at...
Luckystrike Resources Ltd. May 13 announced it is gearing up for its 2019 drill program at the Lucky Strike property in Yukon's White Gold District. The program will focus on expanding on discovery hole DDLS-18-06, which cut 7.6 meters averaging 4.55 g/t gold in an unoxidized lower zone at the Monte Carlo zone at Lucky Strike that had not previously been tapped with drilling. In addition to the lower zone, hole 18-06 cut 8.3 meters averaging 1.16 g/t gold in an upper zone....
Klondike Gold Corp. May 16 announced the start of a C$2 million exploration program on its Klondike District property, 563-square-kilometer (217 square miles) land package that covers the hills above the legendary Yukon creeks that have produced more than 20 million ounces of placer gold since 1898. Klondike's 2019 is slated to include approximately 6,000 meters of drilling at the Lone Star, Gay Gulch and Nugget zones; collection of 2,000 soil samples in the area of the...
Golden Predator Mining Corp. May 13 announces that it has resumed the processing of bulk sample material from 3 Aces, a high-grade gold project in southeastern Yukon. The company systematically excavated roughly 9,800 metric tons of material in 2018 from a series of two-meter benches in the Spades Zone at 3 Aces. Though Golden Predator has completed tightly spaced drilling at the Spades zone, the company says bulk sampling has exposed previously unknown vein orientations and...
Victoria Gold Corp. May 7 reported that construction of Eagle Gold is 90 percent complete and Yukon's next major mine is slated to pour its first gold before the end of the year. "With construction activities on the verge of completion and operations well advanced, the Eagle Gold Mine is nearing reality," said Victoria Gold President and CEO John McConnell. "The mine is ahead of schedule and ready to deliver tremendous value for all Victoria stakeholders for many years to...
