The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 497
White Gold Corp. Dec. 13 announced that it closed a C$5.1 million (US$3.8 million) that included continued financial backing by partner Agnico Eagle Mines Ltd, which is increasing its 19.5% share to 19.85%, and ultimately financing White Gold's 2024 exploration program. "We are very appreciative for the continued support of our strategic shareholders and are now fully funded for an impactful 2024 exploration program following the success of this past season where we continued...
Northern Dynasty Minerals Ltd. Dec. 21 announced a nice holiday surprise as it closed US$15 million in convertible notes and roughly C$3.4 million in non-brokered private placement offerings. Despite the uncertainty surrounding the status of Pebble, Kopernik Global Investors LLC out of Florida has purchased convertible notes (basically a loan that gives the option to be paid out as shares) toward the sum of US$15 million, whereas Northern Dynasty also issued and sold 8.56...
Sitka Gold Corp. Dec. 19 announced that it has acquired full ownership of Clear Creek, a property that hosts the company's Blackjack and Eiger gold deposits, followed by a year-end summary of its 2023 exploration program for its overall RC Gold project in Yukon, Canada. "Completing our requirements to obtain 100% ownership of the Clear Creek property, which hosts the Blackjack and Eiger deposits, is an important milestone in Sitka's advancement of the RC Gold project," said...
Li-FT Power Ltd. Dec. 19 announced impressive intercepts from drilling the BIG East and Echo pegmatites on the company's Yellowknife Lithium project east of Northwest Territories' capital. Last week saw the first results from the Echo target about 50 kilometers (30 miles) to the west, and this week is no different. With the bulk of the highlights revealing that while its primary focus on the Road Accessible Group of targets has continued to return consistent grades, its...
Li-FT Power Ltd. Dec. 5 announced the next batch of assays from its massive 2023 drill program, keeping up with the consistent lithium grades at the re-emerging Yellowknife Pegmatite Province in Northwest Territories. Acquiring its various properties in the historically forgotten Yellowknife Pegmatite Province in January, Li-FT began its first season with a 34,238-meter drill program just a few months after its inception. Assembling a 141,572-hectare (349,832 acres) land...
Anticipating the economic jackpot expected to occur for the Yukon once Western Copper and Gold Corp.'s world-class Casino project kicks into full swing, the territorial government approved a C$21.4 million (US$15.8 million) investment in the Alaskan city of Skagway for its ongoing port redevelopment project. As part of its larger Skagway Port Master Plan, the small port city located on the northern end of the Alaskan Panhandle that borders the Yukon relies primarily on...
Li-FT Power Ltd. Dec. 12 announced the first assays from drilling at the "Further Afield Group" of pegmatite targets returned lithium grades very much in line with the values encountered at its primary "road-access" group of Yellowknife Lithium project claims some 50 kilometers (30 miles) to the west. The company's 141,572-hectare (349,832 acres) is an assemblage of claim blocks that cover some of the most prospective lithium targets found within the Yellowknife Pegmatite...
Banyan Gold Corp. Dec. 13 announced a significant milestone in its exploration journey on the company's Yukon-based holdings, with the successful acquisition of 75% earn-in of the McQuesten half of its AurMac property. 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, the Aurex and McQuesten properties, or AurMac, cover three gold deposits – with McQuesten holding the A...
Gladiator Metals Corp. Dec. 11 announced that its second phase of drilling discovered a new zone of high-grade copper mineralization at the Cowley Park target on the company's Whitehorse Copper project in Yukon, Canada. "Drilling continues to define the continuity and scale of high-grade copper mineralisation at Cowley Park as well as providing further definition to the potentially significant coincident molybdenum mineralisation," said Gladiator Metals CEO Jason Bontempo....
Klondike Gold Corp. Dec. 6 announced that drilling tapped strong gold mineralization at the Gay Gulch target on the company's Klondike District Gold Project in Yukon, Canada. Located roughly 20 kilometers (12 miles) southeast of Dawson City, the Klondike District Gold Project is comprised of 3,913 quartz claims in one contiguous land package covering 727 square kilometers (452 miles) of the famed Yukon gold district. Advancing the project for over a decade, Klondike's land...
At this point, it is safe to say the company has discovered the motherlode at its Valley target. Snowline Gold Corp. Dec. 6 announced its strongest near-surface interval drilled to date at the Valley target located on the company's flagship Rogue project in Yukon, Canada. Following a trend of incredible drill intercepts, each spanning hundreds of meters and returning consistently strong grades, Snowline has once again revealed an interval spanning more than 500 meters...
North Arrow Minerals Inc. Dec. 4 announced highly encouraging assays from its sampling programs at the MacKay and LDG lithium projects in Northwest Territories that validate the company's decision to branch into energy metal exploration. Located within the Lac de Gras kimberlite field, home to the world-class Ekati and Diavik diamond mines, the LDG lithium project resides near the easternmost portion of a diamond exploration property just south of Diavik. Just 10 kilometers (6...
Western Copper and Gold Corp. Nov. 28 announced that after making an initial investment in 2021, Rio Tinto has elected to provide an additional C$6 million (US$4.4 million) to help the company continue advancing Western's world-class Casino project in the Yukon. In May 2021, Rio Tinto invested C$25.6 million (US$18.9 million) to purchase 11.8 million Western shares at C$2.17 per share, marking a roughly 8% stake in the Yukon-focused copper mine development company's...
Li-FT Power Ltd. Nov. 28 announced the next batch of assays from its 34,238-meter drill program that produced nearly 200 holes during 2023. Gradually making progress each week on the immense quantity of drill core, the latest results come from the next five holes drill at four pegmatite targets on the company's Yellowknife Lithium project in Northwest Territories, Canada. Similar to past results, the latest batch comes from five holes drilled at the Ki, Shorty, and BIG East...
In its few short years as an active explorer in the Yukon, Snowline Gold Corp. has progressed to monumental scales while understanding the importance of consciousness discovery and has thus been awarded the 2023 Robert E. Leckie Award for Excellence in Environmental Stewardship. "I would like to thank the awards committee and to thank and congratulate Snowline's entire team –including our industry and First Nations partners-on this recognition of our ongoing efforts towards en...
Rare Earth Ridge Resources Corp. Nov. 22 announced that it has entered into an agreement to acquire the Conrad claims that lie adjacent to its Mount Major Hart critical minerals property in Northern British Columbia. Located roughly 93 kilometers (58 miles) northeast of the village of Dease Lake, Mount Major Hart is an early-staged rare earth elements project that has seen limited exploration. With the addition of Conrad, this property covers 2,563 hectares (6,333 acres)....
Li-FT Power Ltd. Nov. 21 announced the latest batch of assays from its 2023 exploration program, as well as the end of the year's 34,238-meter drill program at its Yellowknife Lithium project in Northwest Territories. Including this latest batch of assays, Li-FT has reported results from 87 out of 198 holes drilled at Yellowknife this year. Much like past results, the latest round comes from five holes drilled at the Ki, Shorty, and BIG East pegmatites. Of these, one returned...
Osisko Metals Inc. Nov. 13 announced the latest drilling results from the recently established Pine Point Mining Limited joint venture project in Northwest Territories, Canada. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a 24-year span beginning in 1964. According to the most recent...
White Gold Corp. Nov. 14 announced the final drill results from the Betty Ford target on the company's Betty property in Yukon, Canada, revealing the consistency of wide high-grade gold intersections and continuity of mineralization at this highly prospective target. Reporting the results from the first two holes in September and the third just last week, the final hole from the Betty Ford drill program has returned results that elevate Betty Ford to an undoubtedly...
Cascadia Minerals Ltd. Nov. 16 announced that the first two holes ever drilled at Catch encountered the porphyry copper-gold the company had hoped to find at this project in Yukon, Canada. Earlier this year, Hecla Mining Company cut a deal to buy out ATAC Resources, keeping the precious metals enriched Rackla and Connaught properties in the Yukon and spinning out the rest of ATAC's properties into Cascadia. Managed by the former ATAC team and backed by an initial C$2 million...
Gladiator Metals Corp. Nov. 16 announced an update from its ongoing data compilation over the Whitehorse Copper project, identifying significant widths of unmined, copper-gold skarns within the historic Little Chief mine trend in Yukon, Canada. Whitehorse Copper is a 5,380-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that covers a significant portion of what has historically been known as the Whitehorse Copper Belt. Located practically in the...
Onyx Gold Corp. Nov. 15 announced that its first drill program at King Tut has revealed the "smoke" to what it hopes is a gold deposit "fire" at this early-staged project in eastern Yukon, Canada. Nestled between Snowline Gold's Rogue and Golden Oly properties to the north and south and Fireweed Metals' Macmillan Pass project to the northeast, Onyx Gold holds 100% interest in four separate properties in the Yukon's emerging Tombstone Gold Belt, as well as three properties in...
American West Metals Ltd. Nov. 6 announced that its 2023 drilling has tapped more impressive near-surface mineralization in expansion targets at the 4100N Zone on its Storm Copper project in Nunavut. Located within the far northern Canadian Arctic Archipelago, the Storm Copper project covers more than 4,000 square kilometers (1,544 square miles) of the Polaris mineral district. This year, the company aimed for up to 10,000 meters of reverse circulation drilling to establish...
HighGold Mining Inc. Nov. 20 announced an update for its 2023 exploration and development program, as well as the final drill results from its Johnson Tract project in Southcentral Alaska. "We had a busy and productive field season this year," said HighGold Mining President and CEO Darwin Green. "We completed a significant drill program aimed at expanding existing zones and targeting new discoveries. Results from the drill program are encouraging and will serve to inform...
Li-FT Power Ltd. Nov. 7 announced another batch of assays completed from the BIG East, Shorty, Ki, and Fi Southwest pegmatites found within the Yellowknife Pegmatite Province in Northwest Territories, signaling the consistency of this critical mineral found in this long-overlooked region. With a massive 45,000-meter program targeted for the year, the company has reported results for 77 diamond drill holes totaling 13,570 meters, which is only about 39% of the 198 holes...
