The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 74
Banyan Gold Corp. May 3 reported the final assay results from the diamond drill holes completed during the 2021 exploration program at the Powerline deposit on the company's AurMac property in the Yukon. "The 2021 drill program has demonstrated the extensive nature of gold mineralization around the Powerline deposit on the AurMac property and importantly, defined zones of higher grade near surface gold mineralization," said Banyan Gold President and CEO Tara Christie. "The 202...
Banyan Gold Corp. May 10 reported strong near-surface gold mineralization from the first nine holes drilled during the 2022 exploration program at the Powerline deposit on the company's AurMac property in the Yukon. According to a resource calculated in 2020, AurMac hosts 52.58 million metric tons in the inferred resource category averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Powerline hosts 6.58 million metric tons of this i...
People. Victoria Gold Corp. CEO John McConnell's answer could not be more concise or clear when asked about the secret behind junior exploration turned gold producing company's success in developing, commissioning, and the first year-and-a-half of operations at the Eagle Gold Mine. Not planning, even though having a well-engineered plan and sticking to it was critical to staying on budget and schedule while developing a 200,000-ounce-per-day gold operation in the middle of...
Banyan Gold Corp. Feb. 21 announced the results from 21 diamond holes drilled during the company's 2021 exploration program at the Powerline deposit located on its AurMac gold property in the Yukon. "This latest batch of assay results from our 2021 drill program continues to showcase the extensive nature of gold mineralization around the Powerline deposit on the AurMac property," said Banyan Gold President and CEO Tara Christie. Highlights from the latest batch include: • 5...
Banyan Gold Corp. Feb. 2 announced the start of a 30,000-meter drill program at AurMac in the Yukon that is focused on the continued expansion of the Powerline deposit and Aurex Hill zone on this gold exploration project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine. "Exploration at the AurMac property has now resumed with three diamond drill rigs..." said Banyan Gold President and CEO Tara Christie. "The initial focus is the expansion of the Po...
Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from some of the most challenging working conditions in modern history due to the COVID-19 pandemic, placer and hardrock miners stepped up the pace of their activities, posting record production numbers and promising exploration results. With the rollout of COVID vaccines and the prospect...
With the goal of expanding the resource at AurMac to more than 3 million ounces of gold, Banyan Gold Corp.'s 2021 exploration consisted of a large and systematic step-out drill program at the Powerline deposit on this property about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine. Since its maiden resource estimate in 2020, Banyan determined that AurMac hosts 52.6 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz)...
Kicking off the new year, Banyan Gold Corp. Jan. 11 released the analytical results from the next five diamond drill holes drilled during the 2021 exploration campaign at the rapidly developing Powerline deposit on the company's AurMac gold property in the Yukon. In light of the massive delays that has developed for assays, for Banyan to receive these results so early in the year certainly spells a good start to 2022. Located about 40 kilometers (25 miles) south of Victoria...
Banyan Gold Corp. Dec. 14 announced the latest round of assay results from eight diamond drill holes of the phase 2 exploration campaign at the company's rapidly developing Powerline deposit on its AurMac project in the Yukon. "These latest assay results continue to expand the interpreted gold mineralization footprint at Powerline with 100-meter step out drill holes," said Banyan Gold President and CEO Tara Christie. "The continuity of mineralization across the two kilometers...
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...
Banyan Gold Corp. Nov. 9 reported its third-quarter exploration update for its AurMac project in the Yukon, expanding the program to three drills working onsite and culminating in approximately 25,000 meters in more than 120 diamond drill holes this year, with more to come. Since February, the two phases of 2021 drilling at AurMac have quickly approached the targeted 30,000 meters planned for this gold exploration property about 40 kilometers (25 miles) south of Victoria Gold...
Banyan Gold Corp. Aug. 23 reported assay results for the next five drill holes at Powerline, returning more strong results and further demonstrating the size potential of this gold deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine, AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and A...
Banyan Gold Corp. Sept. 8 announced the results of the final 15 holes for the 2021 phase 1 drill program at the Powerline deposit at its AurMac property in Canada's Yukon, increasing the area of known gold mineralization by more than 650%. "Results continue to demonstrate growth potential of the Powerline deposit, with continuity of near-surface gold distributed in mineralized horizons concordant with the sub-horizontal mineralization model," said Banyan Gold President and...
Strategic Metals Ltd. Aug. 6 announced significant tin mineralization in samples collected at its Oli and Bix critical mineral projects in the prolific Tombstone-McQuesten mineral belt of central Yukon. Hardrock deposits in the Tombstone-McQuesten belt include Alexco Resource Corp.'s Keno Hill silver-lead-zinc mines; Victoria Gold Corp.'s Eagle gold mine and Mar tungsten deposit; Banyan Gold Corp.'s AurMac gold deposit; and Golden Predator Mining Corp.'s Brewery Creek gold...
Banyan Gold Corp. June 21 reported that assay results from an additional five holes drilled this year at its AurMac property in the Yukon have identified particularly strong gold mineralization to the east of the company's Powerline deposit. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine, AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and A...
Banyan Gold Corp. June 14 announced the start of an initial phase of 2021 drilling at the Aurex Hill target on its AurMac gold project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Mine in the Yukon. AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Aurex Hill is an intriguing resource expansion target that lies about 1,200 meters east of Powerline. "...
Banyan Gold Corp. May 18 reported assay results from five holes that are continuing to outline consistent zones of gold mineralization in expansion targets at the Powerline deposit on the AurMac project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Mine in the Yukon. AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Airstrip hosts 46 million metric t...
Banyan Gold Corp. April 21 said the final set of assay results from the 2020 drill program at its AurMac project in the Yukon continue to confirm the expansion potential of the near-surface Powerline gold deposit. "All of these final 2020 step-out diamond drill holes to the east of the Powerline deposit intersected gold mineralization and have demonstrated gold mineralization remains open in all directions – a further validation of the expansion potential of the n...
One of few mineral explorers active in Yukon Territory during the mining industry's 2020 beleaguered field season recently reported encouraging results that give credence to the idea that a new gold camp may be on the verge of emerging in Canada's North. Stratabound Minerals Corp. completed a late-season exploration program last year on its 84-square-kilometer (32.4 square miles) Golden Culvert property, along a 24 kilometer- (15 miles) long mineralized trend in Southeastern...
Banyan Gold Corp. Feb. 24 announced the final assay results from a 2020 drill program that significantly expanded the footprint of gold mineralization at AurMac, a road accessible project about 56 kilometers (35 miles) northeast of Mayo, Yukon and roughly 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle gold mine. According to a May calculation, two at-surface deposit at AurMac host 52.58 million metric tons of inferred resource averaging 0.54 grams per metric...
From the first glimpse of a potential new discovery to watching the first load of ore pour into a new mill, mineral explorers working in Yukon Territory during 2020 reported experiencing the full gamut of mining highs. Encouraged by the commissioning of the Eagle Gold Mine, government grants for exploration projects, and metals prices, dozens of juniors rushed to the Yukon to chase prospects in the northern territory. "Based on the historic trends, coming into 2020, it looked...
Banyan Gold Corp. posted a maiden 903,945-ounce inferred gold resource for AurMac, the new name for the company's combined Aurex and McQuesten properties in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 10 kilometers (six miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. Banyan's drilling over the previous two years has f...
Banyan Gold Corp. Jan. 6 provided a recap of the milestones achieved during its 2020 program on its AurMac and Nitra gold properties in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. According to a May calculation, AurMac hosts 52.58 million metric tons of in...
Banyan Gold Corp. Nov. 16 reports that recent assay results demonstrate the expansion potential of the Powerline zone on the company's AurMac gold property in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. According to a May calculation AurMac hosts 52....
Banyan Gold Corp. Sept. 21 reports that step-out drilling has extended the strike of the Airstrip deposit on its AurMac property in the Yukon by roughly 200 meters. Airstrip is the larger of two deposit at AurMac, a road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 10 kilometers (six miles) south of Victoria Gold Corp.'s Eagle gold mine. According to a resource calculated earlier this year, Airstrip hosts 46 million metric tons of inferred...
