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 572
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...
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...
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...
