The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Ascot raises $96.6 million to ramp Northern BC gold-silver mine to steady production; workers achieve impressive safety milestone. With the price of gold holding steady above $2,000 per ounce, Ascot Resources Ltd. is wrapping up the development of its Premier Mine and expects to pour the first gold at this newest iteration of the historic Northern British Columbia operation in April. "With project construction nearing completion and early commissioning underway, we eagerly ant...
Ascot expects to begin feeding first ore into mill over the next few days and pour first ounces of gold from the Northern BC mine by mid-April. Ascot Resources Ltd. March 26 reported that it remains on track for the first gold pour at Premier in April and will reach commercial production at the new iteration of this historic gold-silver mine sometime after midyear. Lying about 15 kilometers (nine miles) north of Stewart, B.C., Ascot's Premier project is home to a...
The newest mine in B.C.'s Golden Triangle remains on pace to pour its first gold later this month. Ascot Resources Ltd. April 5 began feeding ore into the mill at Premier, marking the official start of a new era of production at this historical gold-silver operation on Nisga'a Nation Treaty Lands at the southern tip of British Columbia's prolific Golden Triangle. Premier, which lies about 15 kilometers (nine miles) north of Stewart, B.C., is home to a past-producing gold mine...
Expects to reach commercial production by Q3. Ascot Resources Ltd. April 22 announced that it has poured the first bars of gold at its Premier gold mine project in British Columbia's Golden Triangle. "The first gold pour is a hallmark commissioning milestone for Ascot, representing the culmination of years of hard work," said Ascot Resources President and CEO Derek White. Lying about 15 kilometers (nine miles) north of Stewart, B.C., Ascot's Premier gold project is home to a...
Nations Royalty is positioned to be Canada's largest business majority owned by a First Nation, significant player in realm of mining royalties. Leveraging royalties it has received through benefits agreements for mine projects in Northern British Columbia, the Nisga'a Nation is forming a Canadian First Nations mining royalty company for Indigenous people. The Nisga'a Nation's lands and treaty area covers nearly 27,000 square kilometers (10,400 square miles) at the southern...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens...
With all the pieces in place, Ascot Resources Ltd. made the final push toward its transformation from mineral exploration and development company to a Premier gold producer in Northern British Columbia. Lying about 15 kilometers (nine miles) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the 1990s. With much of the major infrastructure from this historical operation in place – mill, crushing and grinding circuits,...
With Donlin Gold reentering the feasibility study stage, Ambler Metals waiting on the reevaluation of the permit needed for a road to the Ambler Mining District, and an overall lack of investment capital, mineral exploration spending in Alaska dropped during 2023. While the overall sector was down, there continued to be some bright spots – most notably, a growing interest in Alaska's critical minerals potential. In July, the U.S. Department of Defense awarded Graphite One I...
Calculating a new resource for Niblack, growing its management, organizing talks of a centralized mill in Northern British Columbia, and drilling bonanza-grade gold at its first Golden Triangle project on the British Columbia side of the border, last year's hunt was plentiful for Blackwolf Copper and Gold Ltd. Early last year, Blackwolf announced an agreement with Dolly Varden Silver Corp. and New Moly LLC to explore the possibility of building a centralized mill on New...
Ascot Resources Ltd. Jan. 3 reported that the 72 infill and exploration holes drilled from surface last year at Big Missouri confirmed and expanded the underground stopes at this first deposit to be mined at the company's Premier gold project in British Columbia's Golden Triangle. Lying about nine miles (15 kilometers) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020...
Blackwolf Copper and Gold Ltd. Oct. 30 reported bonanza grade gold intercepts from the first assays from drilling at the Swann target on the Harry property, the company's first property on the British Columbia side of the Golden Triangle. Located between Ascot Resources' Premier gold mine and Scottie Resources Corp.'s Scottie gold mine, Harry is a 1,333-hectare (3,294 acres) gold exploration property that Blackwolf obtained after purchasing Optimum Ventures Ltd. around...
Ascot Resources Ltd. Nov. 3 reported a bonanza grade gold intercept at Big Missouri that is the highest-grade intercept ever drilled at this first deposit to be mined when operations resume at the company's Premier gold project in British Columbia's Golden Triangle. Lying about nine miles (15 kilometers) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020 detailed plans...
Ascot Resources Ltd. Oct. 19 reported that the latest batch of assays from 12 holes includes seven that cut greater than an ounce of gold per metric ton at the Prew Zone, which is the first area of the Premier deposit to be mined when a new era of operations begins at the Premier Mine in British Columbia's Golden Triangle. Lying about 15 kilometers (nine miles) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the...
Ascot Resources Ltd. Sept. 19 announced that it has acquired a full-service assay laboratory facility about 25 kilometers (16 miles) from the company's Premier gold mine project near Stewart, British Columbia. Seacan Labs Corp., a BC-based company that constructs and commissions modular labs for the mining industry, installed a full-service assay lab at the World Port facility in Stewart, BC, early last year. This lab has the capacity to process roughly 250 samples per day,...
Blackwolf Copper and Gold Ltd. Oct. 3 announced that its drilling has encountered coarse visible gold at the Swann Zone target on the company's first Northern British Columbia property, Harry. Announced mid-June, Blackwolf made an offer to purchase BC-focused gold and silver explorer Optimum Ventures Ltd., which carried with it the claims to Harry, a 1,333-hectare (3,294 acres) gold exploration property located between Ascot Resources' Premier gold mine and Scottie Resources...
Blackwolf Copper and Gold Ltd. Sept. 5 announced the completion of the maiden drilling at its Southeast Alaskan Cantoo property. Although only three holes totaling 1,356 meters were drilled, the company is excited to report a first look at core suggests significant alteration and mineralization indicative of a porphyry system. Situated east of the Premier gold-silver mining project currently in development by Ascot Resources Ltd., the Cantoo property is located roughly 16 kilo...
Ascot Resources Ltd. Aug. 14 reported that its Premier gold mine in Northern British Columbia remains on track for first gold production in the first quarter of 2024. Lying next to the town of Stewart at the southern tip of BC's Golden Triangle, Premier is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020 envisions four underground mines – Big Missouri, Silver Coin, Premier, and Red Mountain – feeding ore to an upd...
Ascot Resources Ltd. Aug. 25 reported that drills have tapped high-grade gold outside the currently planned stopes at Prew Zone, which is the first area of the Premier deposit to be mined when a new era of operations begins at the Premier gold project near the town of Stewart at the south tip of British Columbia's Golden Triangle. A 2020 feasibility study envisions four underground mines feeding ore to an updated version of the Premier mill. At 2,500 metric tons per day, this...
Blackwolf Copper and Gold Ltd. July 28 announced the launch of its maiden drill program at the company's Cantoo Mountain project on the Alaskan side of British Columbia's famed Golden Triangle. Situated immediately east of the Premier gold-silver mining project currently in development by Ascot Resources Ltd. and likely part of the same metallogenic system, the Cantoo property hosts multiple shallow southwest dipping vein structures up to 30 meters true thickness. Just a...
As it enters into an accelerated period of growth, Blackwolf Copper and Gold Ltd. has made an offer to buy out Northern British Columbia-focused gold and silver exploration company Optimum Ventures Ltd. and is shifting around some management positions to better facilitate the surplus of properties it has accumulated in recent years. Initially exploring its flagship historic Niblack copper-gold-silver-zinc project located on the southern end of Prince of Wales Island in...
Ascot Resources Ltd. May 11 announced plans for up to 14,000 meters of resource expansion and upgrade drilling during the 2023 season at its Premier gold mine project in Northern British Columbia. Situated near the mining town of Stewart at the southern tip of BC's Golden Triangle, Premier is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020 envisions four underground mines – Big Missouri, Silver Coin, Premier, and Red M...
British Columbia's Golden Triangle is poised for a mining boom that raises the bar when it comes to achieving the higher environmental, social, and guidance expectations for companies that produce the gold, silver, copper, and other metals the world needs and wants. While this mineral district in BC's northwest corner is famed for its rich stores of copper, gold, and silver – and to a lesser degree, nickel, cobalt, platinum group metals, and other critical minerals – the ESG...
Ascot Resources Ltd. Jan. 23 reported that its 2022 drilling at the Big Missouri deposit and nearby Day Zone continues to confirm and discover high-grade gold zones that could provide ore for the upgraded and expanded mill at its Premier gold-silver mine project near Stewart, British Columbia. Home to a past-producing gold mine that last operated in the 1990s, Premier already had a mill, crushing and grinding circuits, tailings storage area, and hydroelectric grid power...
With a little bit of downsizing from the sale of its Yukon gold properties, StrikePoint Gold Inc. is well positioned financially to continue exploration work at its Willoughby and Porter properties near Stewart, British Columbia, in the territory's prolific Golden Triangle. Strikepoint's 2022 exploration program included roughly 3,000 meters of drilling split about evenly between its two Northern BC properties. "At Porter, our work will continue to test the limits and source...
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical...
