The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 401 - 425 of 572
Fireweed Zinc Ltd. Aug. 19 announced it is ramping up a late season drilling and exploration program at its Macmillan Pass zinc project in eastern Yukon. This program, which will include expansion of known zones of high-grade zinc mineralization and exploration of new zones, is being funded by a C$5.2 million financing completed earlier this month. "Our recent financing has allowed us to mount a big exploration program this summer that will run late into the season," said...
White Gold Corp. Aug. 6 announced that drills are testing Ryan's Surprise a target that could add to the more than 1 million ounces of gold already outlined on the company's White Gold property. The two main deposits identified so far at White Gold, Golden Saddle and Arc, host 14.3 million metric tons of indicated resource averaging 2.26 grams per metric ton (1.04 million oz) gold and 10.7 million metric tons of inferred resource averaging 1.48 g/t (508,700 oz) gold. Ryan's,...
Victoria Gold Corp. July 27 announced that crews at its Eagle Gold Mine in the Yukon have worked two years without a lost time incident. While a commendable achievement on its own, this safety milestone is particularly exceptional when you consider that this two-year span encompasses mine construction, transition to commercial mining operations, and the complexities arising from COVID-19 travel restrictions and protocols. "Even with recent major announcements including...
Alexco Resource Corp. July 27 announced that it has received the final water use license for Keno Hill Silver District and is advancing the Yukon silver mine toward production. Issued by the Yukon Water Board on July 23, the final water use license authorizes Alexco to source and use water as well as discharge water into approved facilities in and around the Bellekeno, Flame & Moth, and Bermingham underground mines, as well as the Keno Hill mill facility. The license is good...
Strategic Metals Ltd. July 27 announced the start of a 7,000-meter drill program at Mount Hinton, a high-grade gold-silver project in the Keno Hill district of central Yukon. The Mount Hinton property hosts numerous high-grade, gold-silver veins developed in a series of structural zones that cut across the same quartzite unit that hosts the very high-grade silver veins for which the Keno Hill district is renowned. Strategic said the 2020 program, the first large-scale diamond...
Rockhaven Resources Ltd. July 13 released the results of a preliminary economic assessment for a mine at its Klaza project in southern Yukon that could economically produce roughly 750,000 ounces gold and 13.8 million oz silver over a 12-year mine life. Based on US$1,450/oz gold, US$17/oz silver, and a C$1 to US72 cent exchange rate, the Klaza mine outlined in the PEA would generate a post-tax net present value (at a 5% discount) of C$378 million and a 37% internal rate of...
ATAC Resources Ltd. July 15 announced that the initial phase of its 2020 exploration program is now underway at Rau, an intriguing precious and base metals project at the western end of the 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. ATAC's phase-one 2020 exploration program will include excavator trenching, 1,500 meters of rotary air blast (RAB) drilling, mapping and prospecting to develop diamond drill targets at the Airstrip target, which hosts an...
Western Copper and Gold Corp. July 13 announced that the tonnage of measured and indicated mill resources at its Casino copper-gold project in the Yukon has more than doubled. A 2013 feasibility study for developing a mine at Casino envisions utilizing both a mill and heap leach to recover the copper, gold, silver, and molybdenum found there. According to the new calculation, Casino now hosts 2.17 billion metric tons of millable measured and indicated resources averaging...
Victoria Gold Corp. July 7 announced that its Eagle Mine in the Yukon produced 13,828 ounces of gold during June. This is the best month for the mine that achieved commercial production on July 1. "Since restarting stacking mid-March, we have steadily seen an increase in monthly gold production," said Victoria Gold President and CEO John McConnell. "With the increasing price of gold, our June production has a value of greater than C$30 million." Gold output at Eagle has been s...
White Gold Corp. June 29 announced the launch of its 2020 exploration program, including drilling at Titan, a high-grade gold project on the Hen property about 70 kilometers (43 miles) southeast of Dawson City, Yukon. "We are very excited to kick off our 2020 exploration program," said White Gold CEO David D'Onofrio. "The fully funded program is designed to be focused and impactful starting with drilling the Titan anomaly identified late last year and to follow up on some of...
Victoria Gold Corp. June 23 announced it has kicked off a C$6 million exploration at Dublin Gulch, the 555-square-kilometer property that hosts the company's new Eagle Gold Mine in Canada's Yukon. "With Eagle now in production, 2020 will see a robust exploration campaign within the broader Dublin Gulch camp," said Victoria Gold President and CEO John McConnell. This program will focus primarily on further drilling and trenching near-surface high-grade gold occurrences at...
Golden Predator Mining Corp. June 9 announced that it has added two professionals involved with the previous iteration of the Brewery Creek Mine to help the company restart production at this gold operation about 55 kilometers (35 miles) east of Dawson City Yukon. "To fast track the past-producing Brewery Creek Mine we have made a concerted effort to assemble a team with strong knowledge of the project," said Golden Predator Mining CEO Janet Lee-Sheriff. Former Yukon Deputy Mi...
Klondike Gold Corp. June 1 announced that the 2020 exploration program is underway on its Klondike District property, a 586-square-kilometer (226 square miles) land package that blankets much of the legendary 20-million-ounce placer gold district near Dawson City, Yukon. This year's program includes three phases of drilling targeting the Lone Star and Stander (formerly known as Nugget) zones, which lie between the Eldorado and Bonanza Creeks of Klondike Gold Rush fame. The...
Western Copper and Gold Corp. June 4 said it plans to drill at least 43 holes this summer at its Casino copper-gold project in the Yukon. Slated to get underway by mid-June, this drill program will test three targets identified last year – High Gold, Northern Porphyry and Canadian Creek. Western's primary 2020 drill target is High Gold, a zone of higher grade gold mineralization with the potential to significantly bolster the economics of a mine at Casino. One particularly h...
Strategic Metals Ltd. June 3 announced plans for continued exploration of Mount Hinton, a high-grade gold and silver project in Yukon's Keno Hill Mining District. During its 2019 program, Strategic geologists collected rock samples from the Mount Hinton property with up to 2,340 grams per metric ton (75.23 ounces per metric ton) gold and 597 g/t (19.2 oz/t) silver on the eastern side of Granite Creek. The company followed up on this bonanza gold discovery with a second phase o...
Golden Predator Mining Corp. May 20 closed a financing that provides C$2.8 million towards the company's goal of re-establishing a gold mine at its Brewery Creek project about 35 miles (55 kilometers) east of Dawson City, Yukon. Over a roughly seven-year span that began in 1996, Viceroy Resource Corp. produced 280,000 ounces of gold from near surface oxidized ore at Brewery Creek. This operation used heap leaching – a method of gold recovery that involves stacking ore in a l...
Victoria Gold Corp. May 11 reported strong performance at its newly developed Eagle Gold Mine in the Yukon, thanks in part to the company's COVID-19 action plan. Mining, crushing and stacking ore on the leach pad at Eagle increased significantly during April. As a result, the company reported a significant increase in gold production last month, a trend that is expected to continue in the coming months. Eagle produced 6,768 ounces of gold during April, compared to a total of...
Alexco Resource Corp. March 30 reported a slowing of mine development and exploration activities at its Keno Hill Silver District due to the uncertainty and unpredictable impacts of the COVID-19 pandemic. To protect the health and safety of its employees, contractors and Yukon communities near the Keno Hill project, Alexco has implemented a COVID-19 response and management plan that follows territorial and federal guidelines, as well as industry-wide best practices. This...
Seabridge Gold Inc. March 30 announced an agreement to acquire full ownership of Golden Predator Mining Corp.'s 3 Aces gold project in the Yukon. Lying alongside the Nahanni Range Road, 3 Aces is an easily accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries and targets in southeastern Yukon. The target concept for 3 Aces is consistent with some of the largest and richest gold districts in the world, including the California...
Golden Predator Mining Corp. March 11 said drilling continues to merge what was previously interpreted to be a series of smaller pods of gold mineralization along the Reserve trend at Brewery Creek into a continuous zone that has now been traced for roughly 3,100 meters across this mine project about a 45-minute drive from Dawson City, Yukon. Viceroy Resource Corp. established a mine at Brewery Creek in 1996 and recovered around 280,000 ounces of gold from the open-pit,...
Nickel Creek Platinum Corp. March 11 said it plans to carry out exploration drilling, geophysics and sampling at its Nickel Shäw (formerly Wellgreen) nickel-copper-cobalt-platinum group metals project in southwestern Yukon. To fund this work, as well as permitting and other expenses, the company plans to raise C$4.4 million through a proposed non-brokered private placement being supported by a C$2.2 million commitment from Electrum Strategic Opportunities Fund L.P., Nickel Cre...
Golden Predator Mining Corp. has been testing EnviroLeach Technologies Inc.'s non-cyanide and environmentally friendly way to recover gold from concentrates produced from gravity separation at its 3 Aces project in eastern Yukon. The EnviroLeach process, which uses five ingredients that are FDA approved for human consumption to dissolve and a diamond-based electrochemical process to ultimately recover gold and other metals, has recovered 93.2% of the gold in a two-metric-ton...
Triumph Gold Corp. March 2 reported impressive gold and silver grades from sampling along the 3,700-meter-long Irene-Goldstar corridor on its road accessible Freegold Mountain project in the Yukon. Situated about 4,500 meters southeast of the Revenue porphyry deposit, the Irene-Goldstar epithermal gold-silver corridor extends from the historical Goldstar vein and skarn system near the summit of Mount Freegold and continues through the Vindicator zone to the Irene zone at the...
Government of Yukon and the Ross River Dena Council First Nation March 3 announced an agreement in principle has been reached for roughly C$71 million in upgrades to the North Canol Road and the Robert Campbell Highway under the Yukon Resource Gateway Project, a C$247.8 million federal program that is upgrading more than 650 kilometers (400 miles) of roads in the Yukon. Yukon is also contributing C$112.8 million to this road improvement project that will provide better access...
Golden Predator Mining Corp. Jan. 20 said its 2019 drilling has confirmed a 2,800-meter continuous trend of gold mineralization at its Brewery Creek Mine project about a 45-minute drive from Dawson City, Yukon. Previous modelling had suggested that the Fosters, Kokanee and Golden resource areas were discrete deposits within the larger Reserve trend at Brewery Creek. Results from Golden Predator's 2019 drill program and recent remodeling suggest that these previously separate...
