The mining newspaper for Alaska and Canada's North
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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...
Gold Terra Resource Corp. May 19 reported that the final holes from its 2020 winter drill program at the Yellowknife City Gold project in Canada's Northwest Territories cut wide zones of gold mineralization in the Sam Otto Main deposit but did not find a link between Sam Otto Main and Sam Otto South. Three deposits located within a 3,000-meter radius at Yellowknife– Crestaurum, Mispickel and Sam Otto – host 11.62 million metric tons of open-pittable inferred resource ave...
Seabridge Gold Inc. May 19 announced plans for a roughly 8,000-meter drill program to test for a gold-copper porphyry deposit at its Iskut project in British Columbia's Golden Triangle similar to those on the company's nearby KSM property. "We acquired Iskut because we saw clear evidence of a large porphyry system which looked to be similar in age and geology to our KSM project 30 kilometers to the east," said Seabridge Gold Chairman and CEO Rudi Fronk. Three years of work at...
White Gold Corp. is gearing up for another season of systematically advancing the dozens of exploration targets identified across its more than 1-million-acre (422,730 hectares) land package in Yukon's White Gold District. On May 15, the Yukon-focused gold exploration company announced that longtime strategic partners and new institutional investors are participating in a C$6 million financing that involves the issuance of 6.67 million flow-through shares at C90 cents each. Go...
PolarX Ltd. May 19 announced plans to carry out a roughly 3,000-meter drill program to test the high-grade copper and gold previously encountered in the Zackly East skarn deposit on its Alaska Range property Extending for roughly 22 miles (35 kilometers), Alaska Range consists of two adjacent copper and precious metal projects – Stellar and Caribou Dome – the Australia-based explorer merged in 2017. Zackly skarn is found in the middle of a 7.5-mile- (12 kilometers) long min...
Alaska Department of Natural Resources has finalized COVID-19 guidance for placer gold miners planning to carry out operations on their claims in the state during the 2020 field season. Placer and lode mining are both considered "critical infrastructure" under Alaska's essential services and critical workforce infrastructure order, which means that miners are considered essential workers in the state. These workers, however, must comply with Alaska's existing mandates aimed... Full story
In another example of mining companies across the North stepping up to help their local communities during the ongoing COVID-19 pandemic, Victoria Gold Corp. donated C$100,000 to the Food Bank Society of Whitehorse, which provides emergency food to Yukoners. "We're so pleased to be able to support Yukoners in need as COVID-19 continues and our food banks face the front lines of the pandemic," said Victoria Gold President and CEO John McConnell. "The health, safety and... Full story
Northern Star Resources Ltd., owner of the Pogo gold mine, has donated more than US$1.5 million of medical personal protective equipment to communities throughout Alaska, with a focus on the greater Fairbanks and Delta regions. "This is the largest donation we've received from private industry," said Alaska Gov. Mike Dunleavy. "We are extremely grateful to businesses such as Northern Star which have stepped up, provided procurement and logistics expertise, and donated $1.5... Full story