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(32) stories found containing 'fury gold mines'


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  • A box of drill core with abundant quartz veining and silver mineralization.

    Dolly Varden cuts 978 g/t silver at Moose

    Shane Lasley, Mining News|Updated Jun 19, 2024

    First batch of 2024 assays demonstrate resource potential at two silver exploration targets. Dolly Varden Silver Corp. June 19 announced that this year's drilling has cut high-grade silver mineralization at the Moose and Chance veins, the northernmost targets on the Dolly Varden end of its Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) south of Stewart, B.C., Kitsault Valley is a 63-square-mile (163 square kilometers) land package...

  • A drill tests for gold, silver atop a ridge at Kitsault Valley in Northern BC.

    Dolly Varden expands Homestake Silver

    Shane Lasley, Mining News|Updated Jan 26, 2024

    Dolly Varden Silver Corp. Jan. 16 reported that its 2023 drilling has significantly expanded the high-grade mineralization at the Homestake Silver deposit toward the north end of the company's Kitsault Valley project at the southern tip of British Columbia's Golden Triangle. Lying about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent...

  • Hecla employees ending a long shift at the Greens Creek silver mine.

    Hecla becomes major player in the Yukon

    A.J. Roan, Data Mine North|Updated Jan 17, 2024

    Following the acquisition of Alexco Resource Corp. at the end of 2022, Hecla Mining Company has continued to expand its portfolio of gold and silver properties in Canada's Yukon. With the Keno Hill Silver District mine project that came with the buyout of Alexco, Hecla's silver reserves soared to above 240 million ounces of silver, the highest in the company's 132-year history. "Hecla's silver reserves are at an all-time high," said Hecla Mining CEO Phillips Baker, Jr. This... Full story

  • A geologist grabs samples from the walls of a historic underground silver mine.

    Hecla invests C$10M in Dolly Varden Silver

    Shane Lasley, Mining News|Updated Nov 22, 2023

    Dolly Varden Silver Corp. Oct. 30 announced that Hecla Mining Company is investing C$10 million (US$7.2 million) in the Northern British Columbia-focused precious metals exploration company. Hecla, which has long held a stake in Dolly Varden, has agreed to acquire 15.38 million shares of the company at C65 cents each. As a result, Hecla's will own a 15.7% interest in Dolly Varden, a significant increase from its prior 10.6% interest. In connection with the Hecla investment,...

  • Cross-section of Kitsault Valley silver and gold deposits and targets.

    Dolly Varden drills 27 meters of 296 g/t silver at Wolf; similar silver at Moose

    Shane Lasley, Mining News|Updated Nov 10, 2023

    Latest round of results from the 51,454-meter drill program carried out at Kitsault Valley this year. Dolly Varden Silver Corp. Nov. 6 reported additional high-grade silver intercepts at Wolf, the northernmost of the deposits on the Dolly Varden end of its Kitsault Valley project, and similar silver mineralization in discovery drilling at Moose Vein, which lies about 1,500 meters further north. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the...

  • Drill core sawn in half top reveal a large bleb of native silver.

    Dolly Varden extends high-grade Wolf Vein

    Shane Lasley, Mining News|Updated Sep 14, 2023

    Dolly Varden Silver Corp. Sept. 11 reported that drilling continues to extend high-grade silver mineralization at the Wolf vein on the company's Kitsault Valley gold-silver project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project, and the adjacent Homestake Ridge gold-silver project the company acquired from...

  • Map of Dolly Varden and Homestake Ridge deposits at Kitsault Valley.

    First Dolly Varden Silver assays roll in

    Shane Lasley, Mining News|Updated Aug 9, 2023

    Dolly Varden Silver Corp. Aug. 8 reported that the first batch of assays from its 2023 drill program at Kitsault Valley has further extended silver mineralization on this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project, and the adjacent Homestake Ridge gold-silver project the...

  • A drill tests for silver at the Wolf deposit on the Kitsault Valley project.

    Dolly Varden preps for 45,000m program

    Shane Lasley, Mining News|Updated Apr 26, 2023

    To follow up on the success of its 2022 exploration at Kitsault Valley, Dolly Varden Silver Corp. is mobilizing five rigs to complete up to 45,000 meters of resource expansion and exploration drilling across this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent Homest...

  • A stringer of silver cuts across mineralized quartz in Dolly Varden drill core.

    Dolly Varden drills 771.5 oz/t silver

    Shane Lasley, Mining News|Updated Feb 8, 2023

    Dolly Varden Silver Corp. Jan. 6 reported the highest-grade silver ever drilled on the Dolly Varden target at the end of its Kitsault Valley project in Northern British Columbia. Kitsault Valley, which lies about 40 kilometers (25 miles) southeast of Stewart, BC, is an amalgamation of Dolly Varden's namesake project and the adjacent Homestake Ridge gold-silver project the company acquired from Fury Gold Mines Ltd. in 2022. Four deposits associated with past producing mines at...

  • Core with silver veinlets from Dolly Varden’s 2022 drilling at Homestake.

    25m of 46 g/t gold cut at Homestake Main

    Shane Lasley, Mining News|Updated Feb 8, 2023

    Dolly Varden Silver Corp. Jan. 30 reported another round of exceptional assays from the 2022 drill program at the Homestake gold-silver deposits at the north end of the company's Kitsault Valley project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent Homestake Ridge gold-silver project the...

  • Several geologists, geotechnicians examine core from Kitsault Valley drilling.

    Hecla, Sprott back Dolly Varden drilling

    Shane Lasley|Updated Jan 18, 2023

    With C$26 million (US$20 million) in its treasury following the closing of a C$13 million (US$10 million) financing backed by Eric Sprott and Hecla Mining Company, Dolly Varden Silver Corp. launched a 37,061-meter drill program at its Kitsault Valley silver-gold project in Northern British Columbia. "With strategic and technical input from our supportive corporate shareholder, Hecla Mining, it is our goal to make new silver and gold discoveries as well as to dramatically grow...

  • A drill tests for gold-silver mineralization on a mountain saddle at Homestake.

    Exceptional gold-silver at Homestake

    Shane Lasley, Mining News|Updated Dec 8, 2022

    Dolly Varden Silver Corp. Nov. 29 reported exceptional gold intercepts during resource upgrade and expansion drilling of the Homestake gold-silver deposits on its Kitsault Valley project in Northern British Columbia. This marks the first assays from drilling at Homestake Ridge since Dolly Varden acquired the property from Fury Gold Mines Ltd. in February. Dolly Varden merged the adjoining properties into a single project that it named Kitsault Valley. Lying immediately north...

  • Drill testing silver target in a forested area of Kitsault Valley project in BC.

    Significant Wolf silver deposit extension

    Shane Lasley, Mining News|Updated Nov 23, 2022

    Dolly Varden Silver Corp. Nov. 21 reported that drills have cut high-grade silver that significantly extends the mineralization at the Wolf Vein on the company's Kitsault Valley project in Northern British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake silver project and the adjacent Homestake Ridge gold-silver project the company...

  • Geologists and geotechnicians examine core from Kitsault Valley drilling.

    Dolly Varden drills strong Torbrit silver

    Shane Lasley, Mining News|Updated Nov 10, 2022

    Dolly Varden Silver Corp. Nov. 7 reported that its 2022 drilling cut strong silver mineralization at Torbrit, the largest of three deposits that host the high-grade resource at the Dolly Varden at the end of the company's Kitsault Valley silver-gold project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake silver project...

  • Box of core from drilling high-grade silver mineralization in Northern BC.

    Dolly Varden taps strong silver at Wolf

    Shane Lasley, Mining News|Updated Sep 15, 2022

    Dolly Varden Silver Corp. Sept. 13 reported that this year's drilling has encountered significant silver mineralization in an extension of Wolf Vein, prompting the company to focus the rest of its 2022 program on continued step-out drilling at this northernmost deposit on the Dolly Varden side of the company's Kitsault Valley project in British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley...

  • Section of drill core with chunks of native silver circled by a geo-technician.

    Dolly Varden step-out cuts native silver

    Shane Lasley, Mining News|Updated Aug 18, 2022

    Dolly Varden Silver Corp. Aug. 10 announced that drilling has cut a wide section of high-grade silver mineralization outside the resource area of the Kitsol Vein near the historic Torbrit Mine on the company's Kitsault Valley project in British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of the Dolly Varden silver project and the adjacent Homestake Ridge...

  • A drill tests the Starlight-Racehorse gold target along the Kitsault trend.

    Dolly Varden preps for historic year

    Shane Lasley, Mining News|Updated May 19, 2022

    Dolly Varden Silver Corp. May 17 announced that crews are gearing up for an initial 30,000-meter drill program that will focus on upgrading and expanding the resources at Dolly Varden and Homestake Ridge, as well as explore for more gold and silver mineralization between these deposits on the company's Kitsault Valley project in Northern British Columbia. Located about 25 miles (40 kilometers) southeast of the mining town of Stewart, BC, the 63-square mile (163 square kilomete...

  • Fury Gold Mines Raven Committee Bay Nunavut Canada map Kitikmeot Three Bluffs

    Fury sees Raven expansion potential

    Shane Lasley, Mining News|Updated Feb 17, 2022

    Fury Gold Mines Ltd. Feb. 16 reported results from four holes drilled at Raven, an exploration target about 30 miles (50 kilometers) west of the Three Bluffs gold deposit on the company's Committee Bay project in Nunavut. The 270,000-hectare (667,000 acres) Committee Bay property covers a gold enriched greenstone belt that extends for roughly 300 kilometers (180 miles) across Nunavut's Kitikmeot region. Three Bluffs, the most advanced target at Committee Bay, lies at the...

  • Dolly Varden Silver Torbrit deposit British Columbia Canada 2021 highlights map

    Expanding Torbrit, Dolly Varden potential

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Dolly Varden Silver Corp. Jan. 31 reported wide sections of silver mineralization from the 2021 drilling of several zones that make up Torbrit, the largest of the four deposits on the Dolly Varden property south of Stewart, British Columbia. The roughly 21,745-acre (8,800 hectares) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades, beginning in 1919. Four deposits associated with these past-producing mines...

  • Nunavut Canada Mining Explorers 2021 magazine Data Mine North TMAC Resources

    Nunavut exploration heats up in 2021

    Rose Ragsdale, For Data Mine North|Updated Feb 10, 2022

    Mineral exploration activity in Nunavut intensified in 2021 as mining companies mounted larger and more extensive programs in response to stronger capital markets, government infrastructure initiatives, and the easing of restrictions imposed to curb effects of the ongoing Covid-19 pandemic. Spanning 2 million square kilometers (about 782,000 square miles), the territory has 25 communities and about 39,353 residents, of whom 84% are Inuit. Nunavut has no roads, and all but one... Full story

  • Dolly Varden Silver Torbrit British Columbia map Canada Homestake Ridge

    Focused on Torbrit at Dolly Varden silver

    Shane Lasley, Data Mine North|Updated Jan 26, 2022

    Building on the success of its 2020 program, Dolly Varden Silver Corp. carried out a 10,506-meter drill program that focused largely on Torbrit, the largest and most advanced deposit on the company's namesake property south of Stewart, British Columbia. The biggest news of the year, however, was the December announcement that Dolly Varden agreed to acquire Fury Gold Mines Ltd.'s Homestake Ridge gold-silver project for roughly C$50 million. Lying along the northwest side of... Full story

  • British Columbia Canada assay labs Tahltan First Nation Skeena Resources

    Northern BC explorers load up assay labs

    Shane Lasley, Data Mine North|Updated Jan 26, 2022

    Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,... Full story

  • Dolly Varden Silver Homestake Ridge Wolf deposit Fury Gold Mines map historical

    Silver at Wolf portends broader potential

    Shane Lasley, Mining News|Updated Jan 6, 2022

    Dolly Varden Silver Corp. Dec. 20 said high-grade silver encountered during drilling at the Wolf deposit provides another encouraging sign that strong mineralization continues north from the high-grade deposits on its namesake property onto the Homestake Ridge property it is acquiring from Fury Gold Mines Ltd. Situated 46 kilometers (29 miles) southeast of Stewart, the Dolly Varden property covers four historic high-grade silver mines – Torbrit, Dolly Varden, Wolf, and N...

  • Fury Gold Mines Nunavut Three Bluffs Kitikmeot region map Committee Bay

    Fury drills surprising Three Bluffs gold

    Shane Lasley, Mining News|Updated Dec 30, 2021

    Fury Gold Mines Ltd. Dec. 1 reported that 2021 drilling has tapped a wide section of high-grade gold about 120 meters below the Three Bluffs deposit on its Committee Bay property in Nunavut's Kitikmeot region. According to the most recent calculation, Three Bluffs hosts 2.1 million metric tons of indicated resource averaging 7.85 grams per metric ton (524,000 ounces) gold; and 2.9 million metric tons of inferred resource averaging 7.64 g/t (720,000 oz) gold. Targeting a...

  • Dolly Varden silver Fury Gold Mines Homestake Ridge gold project drilling BC

    Dolly Varden to acquire Homestake Ridge

    Shane Lasley, Mining News|Updated Dec 16, 2021

    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...

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