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 572
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...
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...
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...
