The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 493
Signals successful Nighthawk, Moneta merger. STLLR Gold Inc. Feb. 12 opened trading on the Toronto Stock Exchange, signaling the successful merger between former Nighthawk Gold Corp. and Moneta Gold Inc. Attended by former president and CEO of Nighthawk, Keyvan Salehi, who now sits as president and CEO of STLLR, the new management team at STLLR, and Omar Khafagy, manager of corporate access at TSX, the company celebrated its recent merger with the successful opening of a...
Sampling discovers more than 1,000-meter-long gold-in-soil anomaly that shares characteristics with nearby VG and Golden Saddle deposits. White Gold Corp. Feb. 22 announced that its 2023 soil sampling program identified a 1,000-meter-long gold-in-soil anomaly about nine kilometers (5.6 miles) northwest of the VG deposit on the QV property that has all the hallmarks similar to the Golden Saddle deposit on the company's nearby White Gold project in Yukon, Canada. "We are very...
Yukon Premier and Minister of Economic Development Ranj Pillai and top officials in the territory leveraged the Association for Mineral Exploration's annual Roundup conference in Vancouver, Canada, as a platform to highlight the territory as a secure and stable investment jurisdiction with a wealth of mineral potential, as well as to promote the essential role of Yukon First Nations governments in resource development. A premier assemblage for thousands of geoscientists,...
Results impress with high-grade lithium at Nite. Li-FT Power Ltd. Feb. 13 announced the next eight holes from its Yellowknife Lithium Project in Northwest Territories, Canada, bringing the total reported to 182 out of the 198 drilled last year. Despite kicking off its 2024 season before receiving remaining assays from 2023, the volume of data already received from last year's expansive drill campaign gave the company a clear enough picture to get a head start in another...
Long hidden geological controls solved, shapes plans for future drilling of high-grade gold target. Seabridge Gold Inc. Feb. 14 announced the results from the 2023 drill program established a new model for the mineralization associated with the main high-grade gold target at its 3 Aces project in Yukon, Canada, giving the company a clear path forward for follow-up evaluation and resource delineation in the coming season. With the added data from 7,759 meters of core and...
Aims for inaugural drilling of new copper-gold prospect in B.C.'s Golden Triangle later this year. Skeena Resources Ltd. Feb. 8 announced plans for 14,000 meters of drilling on its earlier-staged exploration properties in the Golden Triangle, including the 74,633-hectare (184,422 acres) Hoodoo copper-gold project about 50 kilometers (30 miles) northwest of the company's Eskay Creek gold-silver mine project. Located about midway between Skeena's high-grade Snip gold project...
Victoria Gold Corp. Jan. 15 reported that despite the various ups and downs of 2023, it produced a total of 166,730 ounces of gold for the year, an 11% increase from 2022 and testimony to the feasibility of year-round ore stacking. The company's decision to stack ore on the heap leach pad during the first three months of 2023, a departure from previous years at Eagle, resulted in 37,619 oz gold produced during the first quarter-a 55% increase over 24,358 oz produced during... Full story
Li-FT Power Ltd. Jan. 30 and Feb. 6 announced two more batches of assays from its 2023 drilling at the Yellowknife Lithium Project in Northwest Territories, Canada, with both continuing to highlight the strong consistency of its hard rock lithium deposits. While awaiting the results from an additional 24 holes from last year's 198-hole drill campaign, Li-FT has set drills turning once more, starting its 2024 winter program Jan. 29, aiming for 18,600 meters in 100 holes,...
Banyan Gold Corp. Feb. 7 announced an updated mineral resource estimate for its AurMac gold project in Yukon, Canada, climbing its total to 7 million ounces of gold. "With the AurMac resource now at 7 million ounces; 6.2 million ounces in the Powerline deposit alone, we can focus on delineating higher-grade zones, increase the confidence in the resource and further de-risk the project," said Banyan Gold President and CEO Tara Christie. This marks an increase of 1 million oz...
Fireweed Metals Corp. Feb. 1 announced that the final results from the 2023 drilling at the Tom and Jason deposits on the company's Macmillan Pass zinc-lead-silver project in Yukon, Canada, returned possibly one of the most significant discoveries at the Tom deposit in decades. Accumulating more data for an updated resource estimate, the 2023 program utilized five rigs to complete more than 22,500 meters of diamond drilling at the Boundary, Tom, and Jason deposits at...
Li-FT Power Ltd. Jan. 29 announced the start of its 2024 winter drilling program, aiming for 18,600 meters in 100 holes to expand six pegmatites on the company's Yellowknife Lithium project in Northwest Territories, Canada. "We are excited to have the drills turning again for the winter program at our Yellowknife Lithium Project," said Li-FT Power CEO Francis MacDonald. "This winter's program will focus on resource expansion, stepping outwards from spodumene mineralization...
Routine flight turns tragedy as six reported dead after crash; authorities, Rio Tinto seek to determine cause. A routine trip on a small Jetstream aircraft on its way to Rio Tinto's Diavik diamond mine turned to tragedy when the flight crashed shortly after takeoff near Fort Smith, Northwest Territories. "We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada,... Full story
Mountain Province Diamonds Inc. Jan. 23 reported its production and sales results for the fourth quarter and full year 2023 from its Gahcho Kué diamond mine in Northwest Territories, Canada, underscoring the slow recovery of the diamond sector in the aftermath of the COVID-19 pandemic. Located about 280 kilometers (175 miles) northeast of Northwest Territories' capital city, Yellowknife, Gahcho Kué is a diamond mine owned and operated by a joint venture between De Beers C...
In the annals of outlaw lore, a figure less infamous but no less intriguing than other notorious ne'er-do-wells left his mark on the world. Amidst the Klondike Gold Rush, a time speckled with countless renegades and hustlers, a man by the name of Soapy Smith remains a local enigma around his various stomping grounds, his notoriety now persisting as a fanciful tale of the Wild West. There were many dangers faced by people flooding the American West in the late 19th century.... Full story
Banyan Gold Corp. Jan. 15 reported the remaining assays from a robust 2023 drill program that significantly expanded the gold mineralized footprint on the company's AurMac project in Yukon. Roughly 80% of the 24,700 meters of drilling carried out at AurMac last year was focused on the Powerline and Aurex Hill deposits, with the balance on new targets. "With three drill seasons since our initial resource in 2020, Banyan has taken the resource at AurMac to 6.2 million ounces...
Snowline Gold Corp. Jan 15 announced the results from three of its latest assays for the 2023 exploration program at Valley, which the company was eager to report as it added more several-hundred-meter intercepts, with one containing one of the highest-graded sustained intervals seen to date. "Today's results highlight the strength and scale of mineralization near the open, eastern edge of the well-mineralized, near surface corridor at our Valley target," said Snowline Gold...
Klondike Gold Corp. Jan. 15 announced results from the 2023 drilling at Stander on the company's Klondike Gold District property, noting that high-grade gold has been discovered there, which extends mineralization to the east. "The discovery of gold associated with historically unrecognized shear veins, distinguishable from sheeted extension veins, validates our view of the potential for the Klondike to host multiple and substantial gold deposits," said Klondike Gold...
Osisko Metals Inc. Jan. 16 announced the remaining results from its 2023 drill program at its Pine Point zinc-lead project under its Pine Point Limited joint venture in Northwest Territories-results the company expects to incorporate into a new mineral resource estimate sometime in the first quarter. Early last year, London-based Appian Capital Advisory LLP agreed to invest as much as C$100 million (US$74 million) to earn up to a 60% JV interest in the newly formed Pine Point...
Fireweed Metals Corp. Jan. 22 announced the final results from a pivotal 2023 drilling campaign that successfully defined a high-grade feeder zone that joins the Boundary Main and Boundary West targets into the singular Boundary Zone on the company's Macmillan Pass zinc-lead-silver project in Yukon, Canada. Accumulating more data for an inevitable updated resource estimate, the 2023 program utilized five rigs to complete more than 22,500 meters of diamond drilling at the...
Li-FT Power Ltd. Jan. 23 announced the next set of assays from drilling at the company's Yellowknife Lithium project in Northwest Territories, Canada, which includes another batch from the Nite deposit, along with Fi Main, BIG West, and Ki targets. Last week, the company released results that came from the Fi Main, BIG West, and Nite complexes, however, intercepts from Fi Main shifted the direction of what Li-FT will most likely be targeting in its upcoming season. "The...
Precious stone mines saw some shuffling in Canada's North with Burgundy Diamond Mines Ltd.'s acquisition of the Ekati diamond mine. Already a 40% partner with North Arrow Minerals Inc. at the Naujaat diamond project in Nunavut, Burgundy closed its buyout of Arctic Canadian Diamond Company Ltd. on July 4, which gave the Australian diamond company full ownership of the world-class Ekati Mine and significantly elevating its efforts to deliver high-end cut and polished diamonds...
Calculating a new resource for Niblack, growing its management, organizing talks of a centralized mill in Northern British Columbia, and drilling bonanza-grade gold at its first Golden Triangle project on the British Columbia side of the border, last year's hunt was plentiful for Blackwolf Copper and Gold Ltd. Early last year, Blackwolf announced an agreement with Dolly Varden Silver Corp. and New Moly LLC to explore the possibility of building a centralized mill on New...
With another fruitful year of systematic drilling, a stressful wildfire, the successful expansion of its resources swelling to more than six million ounces, and the accomplishment of a several-year-long goal of connecting two of its more advanced-exploration deposits, Banyan Gold Corp. has shown that persistence is a key ingredient to a successful exploration project. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla...
Instead of resting on its laurels, Fireweed Metals Corp. aimed for 2023 to be a year that outshined its previous exploration success. With its largest drill program ever at the Macmillan Pass zinc project in the Yukon, the company outdid itself at each turn of the drill and with each intercept received. Add on a mineral resource estimate for the newly dubbed largest known high-grade tungsten deposit in the world, and Fireweed had its most exceptional year ever. Fireweed's...
In a win-win deal for both parties, Hecla Mining Company bought out ATAC Resources Corp., keeping two precious metals enriched Yukon exploration properties in its own portfolio and spinning a portfolio of more copper forward assets previously held by ATAC into Cascadia Minerals Ltd. ATAC's extensive portfolio of mineral exploration projects in the Yukon and Northern British Columbia were anchored by Rackla Gold, a massive 170,000-hectare (420,000 acres) land package divided...
