Sorted by date Results 1 - 8 of 8
Despite the growing calls by Alaska Native tribal and municipal leaders for an expedited review of the Ambler Access Project, the U.S. Bureau of Land Management announced that it will take six extra months for it to complete a supplemental environmental impact statement for the proposed 211-mile road to the Ambler Mining District in Northwest Alaska. "This unnecessary delay threatens a project that will provide much-needed jobs and economic growth for Alaskans, while also stre...
Seabridge Gold Inc. May 25 announced that it is preparing for a 7,500-meter drill program at 3 Aces, a road-accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries in southeastern Yukon. 3 Aces, which hosts two of the highest-grade surface outcrops ever discovered in the Yukon, has 30 mineralized veins which have been discovered through sampling, trenching, roadwork, and drilling within its Central Core area. Seabridge, which...
Banyan Gold Corp. May 24 announced that it has added more than 2 million additional ounces to its AurMac project in the Yukon over the past year, elevating the current resource to 6.2 million oz of gold. 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, is comprised of three deposits – Powerline, Airstrip, and Aurex Hill. A...
Sitka Gold Corp. May 24 announced the preliminary assay results from its first hole drilled for the 2023 program at the Blackjack deposit on the RC Gold project in the Yukon. And after the initial excitement from the visible gold seen when the core first surfaced in April, it was well worth the wait. "Step out drilling at our Blackjack gold deposit continues to impress with Hole 41 returning some of our best gold intercepts to date," said Sitka Gold CEO Cor Coe. Shortly after...
Skeena Resources Ltd. May 24 announced that is has raised C$73.5 million (US$53.9 million) to carry out early development activities at its Eskay Creek gold-silver mine project in Northern British Columbia. A feasibility study completed last September details plans for an open pit mine at Eskay Creek that would produce 2.42 million ounces of gold and 66.7 million oz of silver from 29.9 million metric tons of proven and probable reserves averaging 2.99 grams per metric ton gold...
American West Metals Ltd. May 23 that assays have confirmed the strong copper mineralization observed in the core from the first hole of its 2023 drill program at the Storm Copper project on Somerset Island in the northern reaches of Nunavut, Canada. Since optioning the Storm Copper and adjoining Seal Zinc from Aston Bay Holdings Ltd. in 2021, Australia-based American West has focused largely on defining areas of near-surface, high-grade copper mineralization that could be upg...
Ragusa Minerals Ltd. May 22 announced that sampling carried out toward the end of the 2022 exploration season has identified and confirmed two gold targets on the Monte Cristo project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. Located just east and south of U.S. GoldMining Inc.'s Whistler copper-gold project and Nova Minerals Ltd.'s Estelle property, Monte Cristo is a 125-square-mile (323.7 square kilometers) land package that hosts several gold profits...
Goliath Resources Ltd. May 19 announced that it has mobilized equipment and crew to Golddigger for an 18,000-meter drill program at this gold-silver project in Northern British Columbia. "After many months of extensive and detailed planning in the off season, we are very pleased to have mobilized for another aggressive drill campaign this year at our high-grade gold-silver Golddigger property," said Goliath Resources CEO Roger Rosmus. Located just southwest of Dolly Varden...