The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 93
First-ever Ranch-Lawyers combined resource will serve as basis for a PEA that outlines preliminary mine plan for merged Northern B.C. properties. Thesis Gold Inc. May 1 reported that its Lawyers and Ranch properties in Northern British Columbia now host a combined 82 million metric tons of measured and indicated resources averaging 1.11 grams per metric ton (2.92 million ounces) gold and 31.9 g/t (84 million oz silver, or 4 million oz gold-equivalent). "Today's combined...
7 drilling expands Bingo Zone on Ranch property; new gold-silver-copper expansion targets and porphyry potential emerge. Thesis Gold Inc. March 12 reported that high-grade gold, along with associated silver and high-grade copper, drilled at the Bingo Zone enhances the upside potential of the company's Ranch project in Northern British Columbia. Located in the Toodoggone mining district east of B.C.'s Golden Triangle, Ranch is the northern half of a 325-square-kilometer...
From the world's largest gold company expanding its production profile in British Columbia's Golden Triangle to a 130-year-old silver mining legend strengthening its foothold in the Yukon and a soon-to-be new gold producer in Nunavut, mergers and acquisitions completed in 2023 will forever change the North of 60 Mining News landscape. In fact, if everything goes according to plan, by the time Mining Explorers 2024 rolls off the presses, B2Gold will be pouring the first bars...
The August merger of Benchmark Metals Inc. and Thesis Gold Inc. consolidates two very promising gold-silver properties in Northern British Columbia's Toodoggone Mining District into a single 325-square-kilometer (125 square miles) land package with near term mining and longer term exploration potential that will likely attract the attention of majors. "This merger has given rise to an expansive district-scale development and exploration endeavors, characterized by remarkable...
From neighboring gold explorers merging to create a district-scale project that will likely be attractive to majors, to Glencore making an aggressive bid to buyout Teck Resources Ltd., 2023 was a year of North of 60 mergers, acquisitions, and attempts at takeovers. The multi-billion-dollar M&A frenzy across Alaska and Canada's North was underscored by B2Gold's roughly C$1.1 billion (US$820 million) acquisition of Sabina Gold & Silver Corp. and the Back River Gold Mine project...
Thesis Gold Inc. Jan. 11 reported that its 2023 deep drilling targeting an underground mineable extension of the Cliff Creek deposit at its Lawyers exceeded expectations, adding further credence to the company's plan for both underground and open-pit mining at this gold-silver property in Northern British Columbia's Toodoggone Mining District. Following the August merger with Benchmark Metals Inc., Thesis consolidated Lawyers with its adjacent Ranch property into a single...
Thesis Gold Inc. Dec. 20 reported that its 2023 drill program has cut strong gold mineralization at JK Zone, a sparsely drilled target between the Thesis Structural Corridor and Bonanza-Ridge Zone on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. "The overall area of known mineralization at Ranch continues to expand, demonstrating the significant upside that remains beyond the known zones of mineralization," said Thesis Gold...
Thesis Gold Inc. Dec. 7 reported strong gold mineralization at the Steve Zone, a new gold target on the company's Ranch property in the Toodoggone mining district of Northern British Columbia. In August, Thesis finalized a merger with Benchmark Metals Inc. that consolidates its Ranch property with the adjacent Lawyers property held by Benchmark into a single 325-square-kilometer (125 square miles) gold-silver project. Lawyers, the most advanced of the two properties, hosts...
Thesis Gold Inc. Oct. 24 reports that the first 2023 holes at Bonanza have cut strong mineralization, including one hole that lives up to the name given to this zone on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. Thesis, which closed a merger with Benchmark Metals Inc. in August, is in the midst of a 50,000-meter drill program that involves roughly 30,000 meters on the Ranch property and 20,000 meters at Lawyers, a property...
Thesis Gold Inc. Oct. 11 reported deep drilling at Lawyers continues to cut intervals of high-grade gold-mineralization within broader zones below the proposed open-pit at Dukes Ridge, further supporting a plan for both underground and open-pit mining at this gold-silver project in Northern British Columbia's Toodoggone Mining District. Earlier this year, Thesis finalized a merger with Benchmark Metals Inc. that consolidates the adjacent Lawyers and Ranch gold-silver projects...
Thesis Gold Inc. Sept. 28 reported strong gold mineralization was cut in the first three holes drilled this year below the historically mined BV pit on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. According to a historical estimate calculated in 1988, the BV zone contained 65,640 metric tons of resource averaging 9.81 grams per metric ton gold, at a cut-off grade of 3.5 g/t. Roughly 40,000 metric tons were mined from BV in 1991...
Benchmark Metals Inc. and Thesis Gold Inc. have completed a merger that brings together two large gold projects in Northern British Columbia's Toodoggone Mining District and the teams behind their success. "This merger has given rise to an expansive district-scale development and exploration endeavors, characterized by remarkable potential for growth," said Ewan Webster, president and CEO of the new Thesis Gold. The most advanced of the projects in the merged portfolio is Lawy...
Thesis Gold Inc. Aug. 29 reported that assays from its first three 2023 holes at Lawyers further confirm the potential to expand high-grade gold mineralization to depth at the Dukes Ridge deposit on this property in Northern British Columbia's Toodoggone Mining District. The batch of assays from deep drilling at Dukes Ridge marks the first news flow since Thesis and Benchmark Metals Inc. completed a merger that consolidates the adjacent Lawyers and Ranch gold-silver projects...
Alaska mining and Washington policy leaders gather to discuss forging a path forward to critical minerals in US's Arctic state. Building upon the discussions and strategic ideas set in motion during the 2022 "Alaska's Minerals: A Strategic National Imperative" summit, the U.S. Department of Energy's Arctic Energy Office co-hosted a two-day summit this week to advance policy recommendations for development of critical mineral resources in the North American Arctic. For the Unit...
Benchmark Metals Inc. June 26 announced that it is mobilizing equipment and crews to carry out a 20,000-meter drill program focused on further evaluating and expanding the "Cliff Creek and Duke's Ridge deep" high-grade gold and silver zones on the company's Lawyers project in Northern British Columbia. "Benchmark will have three drill rigs turning at the Lawyers Project this year and anticipates results from late July to December," said Benchmark Metals CEO John Williamson. A...
Thesis Gold Inc. June 27 announced that it is gearing up for a roughly 30,000-meter drill program at Ranch, a gold exploration property immediately north of Benchmark Metals Inc.'s Lawyers gold-silver project in Northern British Columbia. In early June, Thesis and Benchmark announced plans for a merger that would consolidate Ranch and Lawyers into a single 324-square-kilometer (125 square miles) gold-rich land package in the Toodoggone region of Northern BC. Each company is...
Combination will consolidate two high-grade gold-silver projects in BC's Toodoggone Mining District. In a move that will merge two large gold projects in Northern British Columbia's Toodoggone Mining District, Benchmark Metals Inc. has entered into a deal to buy out Thesis Gold Inc. "The merger of Benchmark and Thesis will create a district-scale development and exploration project with significant growth potential," said Thesis Gold President and CEO Ewan Webster. The most...
Benchmark Metals Inc. March 7 announced plans for a 20,000-meter drill program targeting high-grade gold-silver mineralization extending below the Cliff Creek and Dukes Ridge gold-silver deposits on the company's Lawyers project in Northern British Columbia. "The deposits remain open for additional resource growth with high-grade gold and silver mineralization below the existing deposits," said Benchmark Metals CEO John Williamson. A preliminary economic assessment completed...
StrategX Elements Corp. March 7 announced that it has added graphite to the impressive suite of energy transition metals identified at its Nagvaak project on Nunavut's Melville Peninsula. Nagvaak features a 6,000-meter-long zone with strong vanadium, nickel, copper, cobalt, molybdenum, zinc, platinum group metals, silver, and now graphite mineralization. "We are excited to add graphite to our energy transition metals portfolio," said StrategX Elements CEO Darren Bahrey. "Our...
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...
Benchmark Metals Inc. Feb. 10 reported that it will focus its 2023 programs at Lawyers on work to advance the gold-silver mine project in Northern British Columbia to feasibility and permitting. This includes artificial intelligence-supported resource modeling to delineate and explore the underground expansion potential of the deposits at Lawyers. "Benchmark has significant potential to leverage already drilled mineralization below the open pits to add high-grade gold and...
Racing past a milestone that marks roughly the midpoint of its planned path to production at Lawyers, Benchmark Metals Inc. completed a preliminary economic assessment in August that outlines an economically robust mine at this Northern British Columbia project that would produce 1.7 million ounces of gold and 26.7 million oz of silver over an initial 12 years of mining. According to a calculation completed in June, the AGB, Cliff Creek, and Dukes Ridge deposits at Lawyers...
The increasing number of electric vehicles charged with renewable energy, connected to 5G networks, and boasting the computing power of 200 laptops to autonomously traverse global highways is creating a meteoric rise in demand for the minerals and metals critical to clean energy and high-tech. Benchmark Mineral Intelligence, the foremost authority on lithium battery supply chains, estimates that more than 300 new mines will need to come online by 2035 – just to produce the c...
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...
Pushes ahead AK mine, WA plant to meet vast EV battery demand. As automakers look to secure the graphite required for lithium-ion batteries that will power the hundreds of millions of electric vehicles expected to traverse global highways over the next three decades, Graphite One Inc. continues to put milestones in its rearview on a journey to develop a mine at its Graphite Creek project in Alaska and advanced graphite processing facility in America's Pacific Northwest. "Our s...
