Sorted by date Results 1 - 11 of 11
The Yukon government and First Nations have given Newmont Corp. the green light to move ahead with development of a mine at its Coffee Gold project. Located in the heart of Yukon's White Gold District, about 80 miles (130 kilometers) south of Dawson City, Coffee is one of the earliest gold discoveries made by renowned prospector Shawn Ryan. Kaminak Gold Corp. advanced Ryan's grassroots discovery to a 2-million-ounce gold deposit that attracted the attention of Goldcorp, which...
Millrock Resources Inc. March 9 reported that the 2021 sampling and mapping program at Apex has identified a new gold-in-soil anomaly extending more than 1,000 meters northeast of old workings at this historical gold mining project about 70 miles southwest of Juneau, Alaska. Assays of soil samples from a broad gold-in-soil anomaly in the lower cirque valley of Cann Creek returned values ranging from below detection to a maximum of 33.9 grams per metric ton (1.09 ounces per...
Tahltan Nation Development Corp. and Central Mountain Air Ltd. March 9 announced the finalization of a contract with Newcrest Mining Ltd. for air transportation of crews to and from the Red Chris copper-gold mine in British Columbia's Golden Triangle. "TNDC is honoured to join forces with Central Mountain Air to provide safe, reliable aviation services for this valued client," said Tahltan Nation Development Corp. CEO Paul Gruner. "This is another exciting opportunity for...
Brucejack Mine in British Columbia's Golden Triangle is expected to push Newcrest Mining Ltd.'s annual gold production north of 2 million ounces per year, and that does not include the likely production boosts that will be created by an optimization and expansion program being launched at the newest addition to the Australian miner's portfolio. On March 9, Newcrest's roughly US$2.8 billion acquisition of Pretium Resources Inc. was finalized, a milestone that is expected to...
StrikePoint Gold Inc. announced early last week results from the remaining 13 holes of the 2021 diamond drill program at its Willoughby property located near Stewart in British Columbia's prolific Golden Triangle. Designed to further narrow the gaps between the seven high-grade mineralized zones within the Willoughby nunatak, which is where the mountain protrudes through the ice cap, drilling was successful in extending the 1,300-meter-long high-grade gold and silver...
Rockhaven Resources Ltd. Mar. 7 announced additional assay results from the 2021 exploration program at its road-accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. Based on a 2020 preliminary economic assessment for Klaza, the project outlines plans for a mine that would produce roughly 750,000 ounces of gold and 13.8 million oz of silver over 12 years. During the summer and fall of 2021, Rockhaven drilled a total of 14,256 meters in 72 holes....
Nighthawk Gold Corp. March 8 reported a massive expansion to the amount of gold in the surface mineable indicated and inferred resources at Indin Lake, demonstrating the potential for a future large-scale, higher-grade, open pit project at this district-scale property in Canada's Northwest Territories. According to the new calculation, Indin Lake hosts 46.4 million metric tons of open pit mineable indicated resource averaging 1.38 grams per metric ton (2.06 million oz) gold....
Copper Fox Metals Inc. March 7 reported that the 2021 metallurgical drilling carried out at Schaft Creek cut both bulk tonnage and higher-grade mineralization at this large porphyry copper-gold-molybdenum project in British Columbia's Golden Triangle. "The drilling intersected several near surface higher-grade intervals of mineralization and has confirmed continuity and grade of the mineralization between existing drill holes and provides additional confidence in the geologica...
Fireweed Zinc Ltd. Mar. 10 announced the results from the last two holes at the Boundary West target – a recent discovery at the company's MacMillan Pass zinc-lead-silver project in Canada's Yukon. "The 2021 work was highlighted by new discoveries and excellent results especially at Boundary West," said Fireweed Zinc CEO Brandon Macdonald. "The 2021 drill program continued to grow Boundary and Boundary West. We continued to intersect wide high-grade zones over a large area a...
Avidian Gold Corp. Mar. 7 announced it has staked nearly 4,200 acres (1,700 hectares) of ground immediately to the south and southwest of its Golden Zone property, rubbing elbows with Discovery Alaska Ltd.'s Chulitna project and expanding the total volume of the district-scale land holdings to 34,870 acres (14,200 hectares). "We staked this additional ground as the significant gold discoveries at the Southwest Prospect area trended to the southwest into unexplored open ground...
Tectonic Metals Inc. March 10 announced that its 2021 Phase II drill program at the Tibbs gold project in Alaska's Goodpaster Mining District has discovered the elusive low-angle, Pogo-style veins at Gray Lead West. Located about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold mine, Tibbs is known for high-grade gold targets. While high-angle feeder veins similar to those found at Pogo had previously been identified at Tibbs, the stacks of more...