The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 501 - 525 of 562
White Gold Corp. Nov. 15 reported that drilling continues to cut long sections of high-grade gold at Vertigo, indicating that this newly discovered zone on the company's JP Ross property in the Yukon hosts a large, high-grade gold deposit. The latest batch of drill results are from 11 reverse circulation (RC) holes that validated previously completed rotary air blast holes and identified new zones of high-grade gold mineralization along strike and at depth. Highlights from...
Luckystrike Resources Ltd. said its 2018 exploration program at Lucky Strike continues to demonstrate that this property in the heart of the White Gold District has the ingredients to develop into another big gold discovery in the Yukon. Luckystrike Resource was formed earlier this year as a spin-out of Goldstrike Resources Ltd., a company that previously made a major Yukon gold discovery on its Plateau property. Early last year, Newmont cut a C$53 million deal to earn up to...
Triumph Gold Corp. Oct. 16 said that bedrock exposed from placer gold mining has revealed new copper-gold-zinc-lead showings in two streams cutting across the road accessible, Freegold Mountain project in the Yukon. One of these showings, Drone Zone, is exposed over a roughly 100- by 25-meter area in Mechanic Creek, about 500 meters east of high-grade drill intercepts in the Nucleus gold deposit and 500 meters west of the Keirsten Zone porphyry system. The Nucleus deposit...
White Gold Corp. Oct. 16 announced the discovery of Golden Saddle West, or GS West, a shallow zone of gold mineralization about 750 meters west of the Golden Saddle deposit on the company's White Gold property in the Yukon. The GS West target is found along a structural trend hosting several other targets, including the high-grade Ryan's Showing discovery announced in September. All three holes drilled this year at GS West cut Golden Saddle style mineralization, including 24...
Capstone Mining Corp. Oct. 11 announced that it will be shutting down the Minto Mine due to Pembridge Resources' inability to raise the requisite funds to acquire the copper operation in the Yukon. In February, Capstone announced plans to sell Minto to Great Britain-based Pembridge Resources for US$37.5 million in cash, plus working capital adjustments, and common shares representing 9.9 percent of the issued and outstanding shares of Pembridge. Due to unfavorable equity...
White Gold Corp. reported additional high-grade drill and surface sampling results from the Vertigo and newly discovered Suspicion targets on the company's JP Ross property in Yukon's White Gold District. In mid-September, White Gold Corp. announced that the discovery hole at Vertigo cut 3.05 meters of 56.25 g/t gold from a depth of 3.05 meters. This high-grade section was part of a longer 10.67-meter intercept averaging 17.34 g/t gold. JPRVERRAB18-011, drilled 75 meters west...
Golden Predator Mining Corp. Sept. 18 reported that its summer drill program at Brewery Creek has expanded gold mineralization around five zones at this producing gold mine about 55 kilometers (34 miles) east of Dawson City, Yukon. This year's 22-hole drill program at Brewery Creek had two objectives – collect material for metallurgical testing to assess the viability of continuous vat leaching; and exploration drilling to extend known zones of gold mineralization through t...
Alexco Resource Corp. Sept. 20 reported that drilling over the past two years has nearly doubled the amount of silver contained in the high-grade Bermingham deposit at the company's Keno Hill Silver District project in the Yukon. Bermingham now hosts 1.65 million metric tons of indicated resource averaging 628 grams per metric ton (33.35 million ounces) silver, 1.3 percent (48.69 million pounds) zinc, 1.6 percent (57.89 million lb) lead and 0.12 g/t (6,120 oz) gold. This repre...
White Gold Corp. Sept. 17 announced that it has tapped high-grade gold in the discovery hole at the Vertigo target on the company's JP Ross property in Yukon's White Gold District. Near surface gold mineralization was encountered at Vertigo earlier this year with a GT Probe, a track mounted sampling machine engineered by Dawson City-based GroundTruth Exploration. Designed to be more cost-effective and less environmentally invasive than traditional trenching, the GT Probe...
Triumph Gold Corp. Sept. 12 reported that drilling has cut long sections of gold-rich porphyry-style mineralization in the Blue Sky zone on at the road accessible, Freegold Mountain project in the Yukon. The best intercept so far from drilling at Blue Sky was 316 meters of 1.1 grams per metric ton gold, 0.27 percent copper, 5 g/t silver and 0.02 percent molybdenum in hole RVD18-19, which includes 79.75 meters of 2.48 g/t gold, 0.38 percent copper, 6.9 g/t silver and 0.02...
ATAC Resources Ltd. Sept. 13 reported one of the highest grade drill intercepts so far at the Sunrise deposit in its latest round of results from Osiris, a Carlin-type gold project at the eastern end of the company's expansive Rackla Gold property in the Yukon. In June, ATAC Resources reported an inaugural resource for Osiris with 12.38 million metric tons of inferred resource averaging 4.23 grams per metric ton (1.69 million ounces) gold. Most of the gold outlined so far at...
White Gold Corp. Sept. 6 announced the discovery of high-grade gold mineralization in multiple shallow drill holes at Ryan's Showing, a target about 2,000 meters west of the Golden Saddle deposit on the company's White Gold property, Yukon. The Ryan's Showing discovery hole, WHTRYN18RC0001, cut 6.1 meters averaging 20.64 grams per metric ton gold from a depth of 83.82 meters. WHTRYN18RC0002, drilled 100 meters west of the Ryan's Showing discovery, cut 13.17 meters averaging...
ATAC Resources Ltd. Aug. 28 said 2017 exploration results has outlined a rich silver-lead geochemical anomaly with multi-gram silver on its Connaught property, at the head of the Sixty Mile placer gold camp 65 kilometers (40 miles) west of Dawson City and 10 kilometers (six miles) east of the Alaska-Yukon border. Accessible by the Sixty Mile Road, which extends south from the Top of the World Highway, Connaught hosts more than 20 distinct silver-lead and gold veins, including...
ATAC Resources Ltd. Aug. 21 said it has identified significant gold and copper skarn mineralization at the Bobcat, a target about 4,500 meters southeast of the advanced-stage Tiger Gold deposit at Rau, the westernmost of three projects that make up the 1,700-square-kilometer (656 square miles) Rackla Gold property in the Yukon. The objective of the 2018 exploration program at Bobcat was to follow up on a rock sample collected in 2010 with 7.37 grams per metric ton gold and...
White Gold Corp. Aug. 15 said it has begun drilling near-surface high-grade gold mineralization recently discovered at the Vertigo Trend on the company's JP Ross property in Yukon's White Gold District. The Vertigo gold mineralization was encountered using GT Probe, a track mounted sampling machine engineered by Dawson City-based GroundTruth Exploration. Designed to be more cost-effective and less environmentally invasive than traditional trenching, the GT Probe drives a...
Klondike Gold Corp. Aug. 14 said it is expanding this year's drill program at its Klondike District property in the Yukon, including the addition of a second drill to test the Nugget zone. The first drill continues to focus on expanding Lone Star gold, a sizeable lode gold zone that lies above the confluence of celebrated Bonanza and Eldorado Creeks. The Lone Star drill program will continue to systematically test sections to outline the geometry, continuity, and extent of...
White Gold Corp. Aug. 9 said initial results from the resource expansion and exploration program on its White Gold property in the Yukon have returned some of the strongest and most consistent mineralization intercepts drilled to date on the Golden Saddle deposit. A resource calculated earlier this year for the White Gold property outlines 12.32 million metric tons of indicated resource averaging 2.43 grams per metric ton gold (961,000 ounces) gold; plus 5.16 million metric...
Golden Predator Mining Corp. July 26 reported that a 2,500-meter drill program is underway in the Sprogge area of the company's 3 Aces gold project in southeastern Yukon. Sprogge, situated immediately southeast of the original 3 Aces property, was acquired by Golden Predator late in 2017. The Sprogge property blankets favorable structural-stratigraphic contacts similar to those that host the high-grade gold occurrences Golden Predator has outlined in the core zone at 3 Aces. T...
ATAC Resources Ltd. July 17 said results of the first three holes drilled at Osiris, the easternmost of three properties that make up the Rackla Gold property in the Yukon, show the expansion potential of the Conrad deposit. In June, ATAC Resources reported an inaugural resource for Osiris with 12.38 million metric tons of inferred resource averaging 4.23 grams per metric ton (1.69 million ounces) gold. Most of the gold outlined so far at Osiris is found in the Conrad zone,...
Victoria Gold Corp. July 18 said that while construction crews develop the Eagle Gold Mine, exploration continues across the wider Dublin Gulch property in the Yukon. "While mine construction is Victoria's primary focus this year, the company does not intend to let the untapped mineral potential of the Dublin Gulch property remain untested," said Victoria Gold President and CEO John McConnell. The open-pit, heap-leach operation being developed at Eagle Gold is expected to...
Golden Predator Mining Corp. July 11 said it has begun a 1,500-meter drill program at Brewery Creek to evaluate the suitability of continuous vat leaching for gold recovery and to expand the resource at this past-producing gold mine about 55 kilometers (34 miles) east of Dawson City, Yukon. A 2014 preliminary economic assessment outlined plans for a heap-leach operation at Brewery Creek that would produce an estimated 372,000 ounces of gold over a nine-year span. This includes...
Triumph Gold Corp. July 11 announced that it has raised C$5.1 million via a private placement financing that included participation by Goldcorp Inc., Palisade Global Investments Ltd. and a Hong Kong-based investment fund. The money raised will help fund the ongoing exploration at Triumph's Freegold Mountain gold-copper project in the Yukon's Dawson Range. Goldcorp initially invested in Triumph Gold early in 2017 with a C$6.3 million investment that provided the major with a 19...
Goldstrike Resources Ltd. June 27 said drills are turning on its 156-square-kilometer (60 square miles) Lucky Strike gold property in the heart of the Yukon's White Gold District. Following up on the 1,033-meter maiden drill program carried out last year, the 2018 drill program begins at the Monte Carlo zone, a 1,400- by 350-meter geochemical anomaly where trenching has returned long sections of gold comparable to trenches that led to the discovery at Goldcorp's Coffee gold...
Fireweed Zinc Ltd. June 26 said it has begun a planned 10,000-meter drill program aimed at expanding and upgrading the high-grade zinc resource at Macmillan Pass, as well as exploring for new deposits across the company's 470-square-kilometer (181 square miles) project in Selwyn Basin of southeastern Yukon. "With a healthy treasury, we are planning to both drill to expand and upgrade our mineral resource and carry out aggressive exploration toward making new discoveries,"...
Rockhaven Resources Ltd. June 21 published an updated mineral resource estimate for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its Klaza project in southern Yukon with 686,000 ounces of gold in the indicated category and 507,000 oz in the inferred category. The updated resource incorporates results from roughly 13,300 meters of in-fill and expansion drilling completed since the previous estimate in 2015. Bulk tonnage, low-grade...
