The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 476 - 500 of 562
Alianza Minerals Ltd. May 8 said it plans to refine targets at Haldane in preparation for a drill program slated for August at this high-grade silver target in Yukon's historic Keno Hill Mining District. Located about 25 kilometers (16 miles) west of Keno City, Haldane was first recognized for its high-grade silver mineralization more than 100 years ago. Underground mining that began in 1918 produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 grams per metric...
Golden Predator Mining Corp. April 30 announced an agreement with Franco Nevada Corp. to eliminate the net smelter royalty on the gold recovered from a future mine at Golden Predator's Brewery Creek mine project about 55 kilometers (34 miles) east of Dawson City. Brewery Creek is the site of a former mine where Viceroy Resource Corp. produced 280,000 ounces of gold from 1996 to 2002. This operation used a heap leaping – a method of gold recovery that involves staking ore in a...
White Gold Corp. April 17 is testing expansion targets at its Vertigo gold discovery, marking the launch of a C$13 million exploration program this year on the company's 439,000-hectare (1.08 million acres) land package in Yukon's White Gold District. The Vancouver, British Columbia-based explorer is testing expansion targets at the road-accessible Vertigo discovery with a GT Probe, a track-mounted rig that drives a cased hole through the soil to collect a sample from the...
Cantex Mine Development Corp. April 15 announced the start of a 2019 exploration program at North Rackla that is slated to include sampling, geophysics and 18,000 meters of drilling at this high-grade zinc-silver project in the Yukon. Following a successful drill program in 2018, Cantex raised C$15 million this spring to fund its 2019 exploration that will focus primarily on Massive Sulphide, a zone where last year's drilling encountered 3.2 meters of 40.2 percent zinc and...
Western Copper and Gold Corp. April 8 reported that the Yukon government and Little Salmon-Carmacks First Nation have reached an agreement for the proposed Carmacks bypass, the first section of a road to the Casino copper project. "The Carmacks bypass will be a road from south of Carmacks to the existing Freegold Road north of Carmacks so that mine haul trucks will be able to bypass the community," said Yukon Minister of Energy, Mines and Resources Ranj Pillai. The Carmacks...
Victoria Gold Corp. March 18 reported that crews constructing a mine at the company's Eagle Gold project in the Yukon has exceeded 1 million manhours without a lost time incident (LTI), an injury that results in needing to take off of work. "I am very pleased to report the Eagle Project has passed the one million labor-hours LTI free," said Victoria Gold President and CEO John McConnell. "This is a very significant milestone, requiring a true team effort and I would like to...
ATAC Resources Ltd. Jan. 28 reported that its initial phase of 2019 exploration will focus on Rau, a 660-square kilometer (255 square miles) property at the western end of the company's Rackla Gold property in the Yukon. Currently, this property 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. "The Rau project is an emerging 20-kilometer- (12.5 miles) long polymetallic dis...
Granite Creek Copper Ltd. Feb. 19 said it has secured a substantial historical database detailing exploration work conducted on the area covered by the company's newly acquired Stu copper-gold-silver project about 47 kilometers (29 miles) northeast of Carmacks, Yukon. Granite Creek Copper is a newly formed exploration company that closed a deal to acquire Stu in January. At the time of the acquisition, the company closed a C$1.8 million non-brokered private placement...
White Gold Corp. Jan. 20 reported that new results from 2018 drilling at Golden Saddle demonstrates strong potential for a previously unidentified series of shallow zones of gold mineralization within this 1.25-million-ounce gold deposit on the company's White Gold property in the Yukon. A resource calculated for the White Gold property early in 2018 outlines 12.32 million metric tons of indicated resource averaging 2.43 grams per metric ton (961,000 ounces) gold; plus 5.16...
Golden Predator Mining Corp. Feb. 11 reported that it recovered 365 troy ounces of gold and 34 oz of silver from roughly 600 metric tons of bulk sample processed during the fourth quarter from the company's 3 Aces project in southeastern Yukon. This sampling represents about 6 percent of the 9,800 metric tons of bulk sample material stockpiled during the 2018 season. Two concentrates were produced from the material ran through the on-site gravity recovery plant. The No. 1...
Goldstrike Resources Ltd. Jan. 24 reported that Newmont Mining Corp. has ended its option to earn an interest in Goldstrike's Plateau gold property in the Yukon. Under an agreement struck with Goldstrike early in 2017, Newmont had the option to earn up to a 75 percent stake in Plateau by making cash payments to Goldstrike, investing in exploration at Plateau and completing a feasibility study for the gold project. Over the first two years of the option, Newmont invested...
Metallic Minerals Corp. Jan. 28 reported additional high-grade silver results from the 2018 exploration programs at its 100% owned McKay Hill Project, located 50 kilometers (30 miles) north of the historic Keno Hill Silver District in the Yukon. While McKay Hill is earlier stage than Metallic's Keno Silver project to the south, the company see's similar potential for a district-scale, high-grade silver-lead-zinc-copper system on the property. The company said its 2018 explorat...
Alexco Resource Corp. Jan. 21 reported that a 26-hole reconnaissance drill has discovered deeper and fault offset extensions of the high-grade silver mineralization at Bermingham, as well as strong gold mineralization across the company's wider Keno Hill Silver District in Canada's Yukon. "Our late season reconnaissance drilling program answered a number of long standing questions, most importantly confirming the presence of the Bermingham deposit structural framework down...
Fireweed Zinc Ltd. Jan. 18 announced that Teck Resources Ltd. has put in a lead order to acquire shares during Fireweed's upcoming C$5 million private placement financing. Teck, which already holds a 4.7 percent interest in Fireweed, will up its holdings in the Yukon zinc explorer to around 9.9 percent. "Fireweed is delighted to see Teck grow their stake in the company to just shy of 10 percent," said Fireweed CEO Brandon Macdonald. "This is a strong vote of confidence in the...
Golden Predator Mining Corp. Jan. 21 reported that its 2018 drill program in the central core area of the 3 Aces Project in southeast Yukon confirm that the high-grade gold structures outcropping at Hearts Zone extend to depth. All seven holes drilled at Hearts Zone cut the structures where they were expected – 200 and 500 meters down-dip from the discovery outcrop – intersecting localized high-grade gold mineralization within larger lower grade envelopes. The company sai...
ATAC Resources Ltd. Jan. 16 said the final results from the 2018 exploration of the highly prospective Bobcat, Condor and Spotlight targets have advanced the company's understanding of the broad controls on mineralization across Rau, a 660-square kilometer (255 square miles) property located at the western end of the ATAC's Rackla Gold property in the Yukon. The company says results of this program continue to provide compelling evidence that the Rackla Pluton is one of...
White Gold Corp. Jan. 8 reported near surface gold mineralization in several rotary-air-blast holes drilled along the Coffee Creek fault that extends eastward from Goldcorp Inc.'s Coffee Gold property onto the company's Betty property. White Gold Corp. reported earlier this year that at least 10 known target areas occur over a 12-kilometer (7.5 miles) trend of anomalous gold in soils at Betty. The highest priority of these gold targets at Betty are structurally-hosted,...
Fireweed Zinc Ltd. Jan. 2 provided a review of its accomplishments at Macmillan Pass during 2018, a year of resource and property expansion for the company's zinc-lead project in eastern Canada. Fireweed Zinc emerged on the mineral exploration scene in June of 2017 with the completion of a C$4 million initial public offering and an option to acquire Macmillan Pass, a property that covers 5,159 hectares (12,748 acres) of the zinc-rich Selwyn Basin. The most advanced targets on...
Victoria Gold Corp. Dec. 28 announced that it has raised C$1.68 million for further exploration on its Dublin Gulch gold property in the Yukon. Dublin Gulch is home to the Eagle Gold Mine project, an open-pit, heap-leach operation that is expected to produce an average of roughly 200,000 ounces of gold annually over a 10-year mine life from 116 million metric tons of reserves averaging 0.67 grams per metric ton (2.66 million oz) gold. Well past the midway point of the construc...
White Gold Corp. Dec. 10 reported results from additional drilling and sampling at Vertigo that continues to expand the footprint of this intriguing gold exploration target on the JP Ross property in Yukon's White Gold District. On Dec. 6, White Gold Corp. published results from JPRVERRC18-013, a reverse circulation hole that cut 6.1 meters averaging 18.59 grams per metric ton gold and 188.8 g/t silver from a depth of 24.38 meters; and 4.57 meters of 6.82 g/t gold from 44.2 me...
ATAC Resources Ltd. Dec. 12 reported that Barrick Gold Corp. has terminated its option to acquire an interest in the Orion project, one of three project that makes up ATAC's expansive Rackla Gold property in the Yukon. "We would like to thank Barrick for its exceptional collaboration and sharing its extensive knowledge of Carlin-style systems with ATAC over the past two years," said ATAC Resources President and CEO Graham Downs. ATAC also announces the results from the 2018...
Klondike Gold Corp. Dec. 10 reported that its latest batch of drill results have expanded the Lone Star zone on the company's wholly owned Klondike District gold property, a 527-square-kilometers (203 square miles) block of mining claims that covers a 55-kilometer- (34 miles) long region of the Yukon that has produced more than 20 million ounces of placer gold since the legendary rush to the region in 1898. This year, Klondike Gold drilled 87 holes (9,511.93 meters) targeting...
Victoria Gold Corp. Dec. 3 reported that its 2018 drill program has discovered another gold zone at Dublin Gulch, the expansive Yukon property that hosts the Eagle Gold Mine project. Victoria is currently developing an open-pit, heap-leach operation at Eagle Gold that is expected to average roughly 200,000 ounces of gold annually over a 10-year mine life from 116 million metric tons of reserves averaging 0.67 grams per metric ton (2.66 million oz) gold. The construction of...
Cantex Mine Development Corp. Nov. 20 provided updated assay results for samples from this summer's drilling at the aptly named Massive Sulphide zone on its North Rackla property that topped 30 percent zinc and 20 percent lead. The 14 zinc samples that exceeded the 30 percent limit for the assay methods previously used contained between 35.47 and 51.14 percent zinc. The nine over-limit lead samples contained between 20.94 and 39.63 percent lead. Hole YKDD18-012 cut two mineral...
Golden Predator Mining Corp. Nov. 19 reported that this year's drilling has discovered an important new style of disseminated gold mineralization in the Sprogge area of the company's 3 Aces project in southeast Yukon. The 27 shallow holes drilled at Sprogge this year tested six separate zones within large gold- and arsenic-in-soil geochemical anomalies along stratigraphic contacts and structures exposed at the surface. The intrusive-hosted mineralization discovered by this...
