The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 251 - 275 of 572
Victoria Gold Corp. Oct. 17 announced a successful repair of the overland conveyor belt at Eagle and operations have resumed at the company's gold mine in the Yukon. On Oct. 4, Victoria Gold reported that the 1,500-meter overland conveyor belt linking the crushing plant to the heap leach facility experienced a splice failure on Sept. 29. During the belt's replacement, mining, leaching, and gold recovery plant activities remained in operation while crushing, conveying, and...
Snowline Gold Corp. Oct. 12 said the 318.8 meters of 2.55 grams per metric ton gold cut in hole V-22-010 is changing the company's perception of the Valley zone on its Rogue project in the Yukon and intrusion-related gold systems at large. As a relatively new junior to the various rich projects in the Yukon, Snowline has shown it is quickly emerging as one of northern Canada's most active and enticing gold explorers. You can read about the company, and its plans for the Yukon...
Minto Metals Corp. Oct. 12 reported that its Minto Mine in the Yukon produced 7.9 million pounds of payable copper during the third quarter, resulting in approximately 22.4 million lb so far this year. Located within the traditional territory of the Selkirk First Nation in the Minto Copper Belt of the Yukon, the Minto Mine has been in operation since 2007, with underground mining commencing in 2014. Since 2007, approximately 500 million lb of copper has been produced at this...
Rockhaven Resources Ltd. Oct. 12 announced the completion of its 2022 exploration program at Klaza to upgrade as much inferred resource to indicated for the forthcoming prefeasibility study. Utilizing two diamond drill rigs, Rockhaven completed 12,042 meters of drilling in 69 holes focused on advancing Klaza toward prefeasibility by achieving the following objectives: • Further defining resources – 43 holes were completed to assist in upgrading inferred resources to the ind...
Klondike Gold Corp. Oct. 27 said its 2022 exploration program at the Klondike District gold project in the Yukon's Dawson Mining District has yielded discoveries and important geological insights that could revive this historic property. "The Gay Gulch discovery of gold-bearing veining associated with pervasive silicification in a series of drill holes is a first, and the direct relationship to a major structure is important in developing a resource model there and for future...
Silver Range Resources Ltd. Oct. 24 reported that its partner Silver47 Exploration Corp. has cut high-grade silver-zinc mineralization in its initial drilling at the Silver Matt discovery on its Michelle project in northcentral Yukon. Split between its portfolio of 43 properties in Nevada and northern Canada, of which 14 are currently under option to others, including the Michelle project now being explored by Silver47. The Michelle project covers carbonate-hosted,...
Banyan Gold Corp. Oct. 12 reported that the latest batch of assay results shows that its 2022 drilling continues to expand gold mineralization around the Powerline deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac hosts 3.99 million ounces of gold in the inferred resource category for its three deposits – P...
Victoria Gold Corp. Oct. 4 reported the results from its third quarter production at the company’s Eagle Gold Mine, delivering 50,028 ounces of gold, down roughly 5,000 oz from the same period last year. The company attributes the drop in year-over-year third-quarter gold production to no run-of-mine ore hauled directly from the open pit to the heap leach facility. Last year, a total of 1.1 million metric tons of run-of-mine ore was hauled directly from the open pit to the h...
CAVU Energy Metals Corp. Oct. 3 announced plans to merge with Alpha Copper Corp., a mineral exploration company with two promising copper projects in British Columbia. Under the terms of the agreement, CAVU shareholders will receive 0.7 shares of Alpha for each CAVU share held, which represents a 31.3% premium for CAVU shareholders based on each company's respective 30-day volume-weighted average price. The value of the consideration was calculated as C33 cents per CAVU...
Minto Metals Corp. Oct. 20 announced that recent assay results from its planned 30,000-meter exploration drilling program for 2022 have extended known mineralization at its Minto North deposit, as well as added potentially new resource at its Cu Keel South deposit at the company's Minto Mine in the Yukon. "This phase of drilling focused on high priority, untested exploration targets adjacent to the current resource base and followed-up on successful discovery holes from the...
Cantex Mine Development Corp. Sept. 26 announced an update on its drilling program at the company's Main Zone of the North Rackla claim block in Yukon, Canada. Staked for its Carlin-style gold potential in 2012, ensuing work at North Rackla has discovered the 2,500-meter-long Massive Sulfide trend enriched with zinc, lead, manganese, copper, and silver. From the extensive ongoing program, the first results from its 2022 drill program have begun to roll in. Highlights from the...
Short window, hopes to generate almost 2,000 meters of core Seabridge Gold Inc. Sept. 12 announced it has received the permits needed to carry out a drill program now underway at its 3 Aces gold project in southeastern Yukon. The Yukon Department of Energy, Mines, and Resources issued Seabridge a class 4 exploration permit, which allows the company to establish a camp and carry out field activities that include line cutting, trenching, geological mapping, geophysical surveys,...
Inaugural resource for 2nd largest intrusion at Dublin Gulch Victoria Gold Corp. Sept. 15 reported 1.07 million ounces of gold in a maiden inferred resource for the Raven deposit about 15 kilometers (nine miles) east of the Eagle Mine on the company's Dublin Gulch property in the Yukon. Discovered with soil sampling and trenching in 2018, Raven is a large, near-surface gold target associated with Nugget, the second-largest known intrusive body on the Dublin Gulch property....
Snowline Gold Corp. Sept. 20 announced the doubling of its Selwyn Basin mineral holdings to roughly 254,000 hectares (628,000 acres) through targeted staking and the acquisition of a large portion of StrikePoint Gold Inc.'s Yukon gold exploration properties. A recent addition to the Yukon's vast collection of exploration companies, Snowline began its exploration of this northern Canadian territory in 2017 and has since grown to nearly C$350 million in market capitalization....
Alianza Minerals Ltd. Sept. 13 announced the start of its 2022 exploration program at the Haldane Silver project in the historic Keno Hill District in Yukon, Canada. Located about 25 kilometers (16 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,579-hectare (21,200 acres) Haldane property hosts a small historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 grams per metric ton (99.7 ounces per metric ton) silver and 59%...
ATAC Resources Ltd. Aug. 31 reported that it is impressed with the results from its initial phase of 2022 exploration at the Catch property in the Yukon and is mobilizing a reverse circulation drill to begin testing this property it optioned from Yukon-based geologist Ryan Burke earlier this year. "We've already defined multiple drill-ready targets, with numerous soil anomalies yet to be followed-up," said ATAC Resources President and CEO Graham Downs. Located in an...
Banyan Gold Corp. Sept. 6 announced the results from 36 diamond drill holes that continue to demonstrate the growth potential of the Powerline and Aurex Hill gold deposits on the AurMac property in Yukon, Canada. "The ongoing 2022 drill program continues to expand the gold mineralized footprint of the Powerline and Aurex Hill deposits on the AurMac property," said Banyan Gold President and CEO Tara Christie. "With over 38,000 meters of drilling now complete in 2022, consistent...
Victoria Gold Corp. Sept. 7 reported that its 2022 drilling has cut wide sections of gold mineralization at the Eagle Deep target on the company's Dublin Gulch property in Yukon, Canada. Intended to be an expansion from the 2021 drilling results, this year's program focused on key areas for the potential expansion west of the Eagle Gold deposit currently being mined by Victoria. "Last year's exploration drilling clearly demonstrated there is more to the Eagle deposit than was...
Stratabound Minerals Corp. August 11 announced the end of its 2022 summer field program at the company's Golden Culvert and recently added Win gold projects in southeast Yukon. After optioning Golden Culvert in 2017, Stratabound has spent several years establishing its foothold in the Yukon by advancing this underexplored property that neighbors Seabridge Gold Inc.'s high-grade 3 Aces gold project. Found within the Hyland Gold Belt, a geologic extension of the Tombstone Gold...
Sitka Gold Corp. August 17 announced that it has finished the second phase of its summer diamond drilling at its district-scale RC Gold project in Yukon, Canada. Finishing ahead of schedule, Sitka completed 20 holes for approximately 6,500 meters of drilling during the first two phases of the 2022 program at the 376-square-kilometer (145 square miles) land package in the heart of Yukon's Tombstone Gold Belt. "With the addition of a third drill this summer, Sitka has completed...
Cantex Mine Development Corp. August 11 reported an update on the drilling of the GZ Zone at its 14,077-hectare (28,622 acres) North Rackla claim block in the Yukon. Generated from Cantex' 30,000-square-kilometer (11,583 square miles) regional heavy mineral sampling program, North Rackla was discovered in an area favorable for Carlin-style mineralization similar to ATAC Resources Ltd.'s Osiris deposit in 2010. Staked in 2012, the ensuing work has identified areas that contain...
Fireweed Metals Corp. July 26 announced the start of its 2022 diamond drilling program at the Macmillan Pass zinc-lead-silver project in Yukon, Canada. The 544-square-kilometer (210 square miles) Macmillan Pass property blankets a roughly 55-kilometer (34 miles) trend of zinc, lead, and silver mineralization just west of the Northwest Territories border. Two of its more advanced deposits – Tom and Jason – host 11.2 million metric tons of indicated resource averaging 6.59% (1....
Minto Metals Corp. July 19 reported the second quarter production results from its Minto mine located within the Selkirk First Nation in central Yukon, as well as two new members to the company's management team. "Our second quarter production results highlighted our third consecutive quarter of operational improvement as compared to 2021, including a 16% increase in payable copper pounds for QTR 2, however we were behind on our planned targets for the quarter," said Minto...
Sitka Gold Corp. July 20 announced an update on the ongoing diamond drill program that began in February at its RC Gold project in the Yukon. Already completing approximately 4,990 meters of drilling in 16 holes, Sitka has focused its efforts on the recently outlined Blackjack zone. "We are very encouraged by the persistent mineralization and several occurrences of visible gold being observed as we continue to step out both laterally and vertically in all directions from...
Rockhaven Resources Ltd. July 21 reported the start of a 10,000-meter drill program at its Klaza gold-silver project in the Yukon. Found in the Dawson Range Gold Belt of southern Yukon, the Klaza property covers an area of 25,000 hectares (61,776 acres) and is road-accessible from the nearby Klondike Highway. A 2020 preliminary economic assessment outlined plans for a mine at Klaza that would produce roughly 750,000 ounces of gold and 13.8 million oz of silver over 12 years...
