The mining newspaper for Alaska and Canada's North

Articles from the May 18, 2018 edition

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  • Advanced gold exploration, mine project Golden Triangle British Columbia

    Premier resource focused on higher grade

    Updated Sep 25, 2020

    Ascot Resources Ltd. May 10 published an updated NI 43-101 resource estimate for its flagship Premier-Dilworth property in British Columbia's Golden Triangle that includes zones of high-grade gold mineralization in the Premier and Northern Lights area of the historical mine property. The more than 100-square-kilometer (38.6 square miles) Premier-Dilworth property is home to the Premier Mine, a past-producer of 2.1 million ounces of gold and 44.9 million oz silver....

  • High-grade historic Snip gold mine Barrick Skeena BC Golden Triangle

    First results from 2018 drilling at Snip

    Updated Sep 25, 2020

    Skeena Resources Ltd. said the results from the first eight holes of the second phase of underground drilling program at Snip, is increasing the geological confidence of high-grade gold zones at this historical high-grade gold mine project in British Columbia's Golden Triangle region. The historic underground mine at Snip, which Barrick Gold operated from 1991 to 1999, produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric ton...

  • Zinc exploration historic Pine Point Mine Northwest Territories Osisko Metals

    Connecting the Pine Point zinc deposits

    Updated Sep 25, 2020

    Osisko Metals Inc. May 15 said drilling has encountered zinc mineralization between the L-35 and L-36 deposit areas on its Pine Point project in Northwest Territories. Discovered by prospectors during the Klondike Gold Rush, Pine Point is the site of a mine near the community of Hay River that Cominco Ltd. operated from 1964 to 1987. Costing $133 million to develop, a mega-project for its time, the Historic Pine Point Mine included a railroad, hydro-electric dam and a town...

  • Advanced copper exploration, mine project northern BC

    Mobilizing to Kutcho Copper feasibility

    Updated Sep 25, 2020

    Kutcho Copper Corp. May 15 reported that crews and equipment are being mobilized for the 2018 field program at its Kutcho Copper project in northwestern British Columbia. "We are excited to get underway on the 2018 field program and are looking forward to the first drill turning in the coming weeks," said Kutcho Copper COO Rob Duncan. Under its former name, Desert Star Resources Ltd., Kutcho Copper acquired the advanced stage copper exploration project from Capstone Mining...

  • High-grade silver exploration northern British Columbia

    Barging back into high-grade Dolly Varden

    Updated Sep 25, 2020

    Dolly Varden Silver Corp. May 16 said equipment is arriving at its Alice Arm base camp and the first drill rig should be turning on its high-grade Dolly Varden silver property during the first week of June. This northwestern British Columbia silver project has the advantage of access to tidewater on Alice Arm, which is about 25 kilometers (16 miles) south of the property. This provides less expensive barge deliveries of heavy equipment, fuel and other supplies needed to the...

  • White Gold District exploration Shawn Ryan Dawson City, Yukon Territory

    White Gold returns to namesake district

    Shane Lasley, Mining News|Updated Sep 25, 2020

    White Gold Corp. is eager to expand known gold deposits and make news discoveries across the roughly 1 million acres (390,000 hectares) of prospective lands it holds in the Yukon's White Gold District. About half of this year's C$9 million exploration program is focused on regional targets across the extensive land holding, including more than 100 rotary air blast (RAB) drill holes, airborne geophysical surveys, over 22,000 soil samples and other exploration activates. The...

  • Australian mineral exploration junior gold copper skarn Alaska Millrock

    PolarX raises Alaska Range drilling funds

    Updated Sep 25, 2020

    PolarX Ltd. May 15 announced that it has raised AU$2.5 million for exploration and development activities on the Alaska Range copper project in Alaska. The financing involved the issuance of roughly 24 million shares at a price of AU10.5 cents per share. Initial exploration at Alaska Range will focus on expanding the Zackly copper-gold-silver skarn deposit. In March, PolarX announced a maiden Australian Joint Ore Reserves Committee- (JORC) compliant resource for Zackly of 3.4...

  • Alaska gold exploration map McArthur Creek property K2 Gold

    K2 Gold to explore Alaska side of border

    Updated Sep 25, 2020

    K2 Gold Corp. May 17 announced that it has staked 123 state of Alaska mining claims along the Alaska-Yukon border about 20 miles (30 kilometers) northeast of Northway. Known as the McArthur Creek property, this new eastern Alaska land package covers roughly 18,300 acres in the Moosehorn Range, a cross-border region that has produced more than 100,000 ounces of placer gold. While there has been extensive claim staking and exploration on the Canadian portion of the range, the...

  • ZincX Resources Kechika SEDEX belt map Canada Zinc Metals Akie property

    Rebranded Canada Zinc Metals now ZincX

    Updated Sep 25, 2020

    Canada Zinc Metals Corp. May 7 announced that it has changed its name to ZincX Resources Corp., part of a rebranding initiative to highlight and distinguish the company in the expanding junior zinc space. ZincX owns zinc-lead-silver properties that blanket 79,870 hectares (197,359 acres) of the Kechika SEDEX (sedimentary exhalative) belt in northeastern British Columbia. The rebranded company has divided this land package into two projects – Akie, which hosts the Cardiac Creek...

  • White Gold District exploration Goldstrike, Lucky Strike Yukon Territory

    New Luckystrike for White Gold projects

    Updated Sep 25, 2020

    Goldstrike Resources Ltd. May 16 announced plans to spin its six properties in Yukon's White Gold District, Yukon into a subsidiary to be known as Luckystrike Resources Ltd. Goldstrike said shifting the White Gold District properties into a separate public company will position these gold assets to be valued on a standalone basis and will allow Goldstrike management to focus on that company's strategic partnership with Newmont Mining Corp. on the Plateau gold property. "We...