The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Eskay Mining Corp. Dec. 8 said the assay results rolling in from the 2021 drilling at its Consolidated Eskay project indicate the TV and Jeff deposits are parts of a larger precious metal-rich volcanogenic massive sulfide mineralized system. Covering a trend of VMS gold-silver mineralization that extends south from Skeena Resources Ltd.'s Eskay Creek mine project – between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project t...
Considered a major milestone along the path to new mining jobs and economic opportunities for the Nisga'a Nation and others that live in and around the town of Stewart, British Columbia, Ascot Resources Ltd. has been issued the permit needed to begin a new era of mining at its Premier gold project. "This project will be a welcome source of employment for hundreds of people who live in the Northwest," said BC Minister of Energy, Mines and Low Carbon Innovation Bruce Ralston....
In a move welcomed by investors, ValOre Metals Corp. plans to return to Nunavut to resume exploring its Angilak uranium project in 2022. A district-scale property covering a 59,483-hectare (146,982 acres) expanse in south-central Nunavut, Angilak hosts drill-confirmed uranium mineralization along 40 kilometers (25 miles), including the prospective 3,000- by 1,500-meter Lac 50 Trend and multiple un-drilled targets property-wide. ValOre says the Lac 50 Trend deposits comprise...
In a deal that will consolidate two advanced mineral exploration properties in the Kitsault Valley area south of Stewart, British Columbia, Dolly Varden Silver Corp. has agreed to acquire Fury Gold Mines Ltd.'s Homestake Ridge gold-silver project for roughly C$50 million. "The decision to vend Homestake is a difficult one given the exploration upside and our positive outlook for the commodity markets," said Fury Gold Mines Chair Ivan Bebek. "However, we feel that bringing the...
Newcrest Mining Ltd. and Imperial Metals Corp. Dec. 8 reported that drilling continues to cut zones of higher-grade gold and copper within wide sections of porphyry bulk tonnage mineralization at East Ridge, a resource expansion target at the Red Chris Mine in Northern British Columbia. According to a March resource calculation, Red Chris hosts 980 million metric tons of measured and indicated resource averaging 0.41 grams per metric ton (13 million oz) gold and 0.38% (3.7...
Discovery Africa Ltd. Dec. 7 changed its name to Discovery Alaska Ltd., a moniker that better reflects the Australia-based company's focus on Chulitna and potentially other mineral exploration projects across the Far North state. In February, Discovery announced that it had staked 308 state mining claims covering historic gold-silver-copper and tin-silver prospects in Southcentral Alaska. The roughly 77-square-mile land package now known as Chulitna covers the Partin Creek...
Banyan Gold Corp. Dec. 7 announced results from this year's exploration drilling at the Aurex Hill zone on the company's AurMac property in the Yukon. "Results from 17 holes of the 2021 Aurex Hill campaign, combined with historic intercepts, significantly increases the mineralization footprint of Aurex Hill," said Banyan Gold President and CEO Tara Christie. "The zone represents a large untested target area with the potential to define additional near-surface, potentially...
Skeena Resources Ltd. Dec. 8 reported additional high-grade gold and silver intercepts from further resource evaluation drilling within the Albino Waste Facility at the company's Eskay Creek mine project in the Golden Triangle of Northern British Columbia. The waste material stored in this facility is from an underground mine operated by Barrick Gold Corp. from 1994 to 2008 that recovered roughly 3.3 million ounces of gold and 160 million oz of silver from ore with average...
