The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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With a summer marred by unprecedented wildfires behind them, companies exploring the mineral-rich Northwest Territories are reporting impressive results from their 2023 programs. Seeking new deposits of valuable minerals, ranging from ever-popular diamonds and precious metals to recently designated "critical minerals," such as lithium, rare earth elements and zinc, a score of explorers took to the field across the territory. "An exciting new chapter is emerging for mining in t...
Potentially rich deposits of lithium in the terrain near Yellowknife, the capital of Northwest Territories, has spurred a small stampede of mining companies to Canada's north this summer as worldwide demand for the critical mineral accelerates. At least seven companies have reported exploration programs underway this field season on lithium projects near Yellowknife. Lithium is an important mineral for green energy technologies, and net-zero emissions will require greater...
Strategic Metals Ltd., surely the most active project generator in northern Canada, recently reported substantial mineral exploration and transaction activities in 2022 and early 2023. This includes an update in January on exploration at Mount Hinton, a gold-silver project in Yukon's Keno Hill District that lies immediately southeast of Hecla Mining Company's Keno Hill Silver Mine, 35 kilometers (22 miles) southeast of Victoria Gold's Eagle Mine, and 25 kilometers (16 miles)...
Lured partly by proximity to infrastructure in Yellowknife, several companies moved in January to advance exploration in mineral-rich Northwest Territories. The explorers include seasoned diamond and now rare earths hunter North Arrow Minerals Inc., NWT newcomer Gama Explorations Inc., and ambitious junior Gold Terra Resource Corp. North Arrow Jan. 30 reported acquiring a 100% ownership interest in the DeStaffany lithium property from NWT project generator Parnac Resources...
Looking to expand the resources at the Yellowknife City Gold projects, Gold Terra Resource Corp. 2022 exploration included drilling on its Con Option and Northbelt properties, which are part of a 309-square-mile (800 square kilometers) land package that covers roughly 43 miles (70 kilometers) of the Yellowknife greenstone belt in Northwest Territories. Gold Terra began accumulating this district-scale land package in 2013, with the Northbelt property that extends north from...
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the...
Continuing a trend of supporting mineral exploration with its cutting-edge artificial intelligence and machine learning software, Minerva Intelligence Inc. has carried out a case study on the Lone Star gold zone on Klondike Gold Corp.'s Eldorado property in the Dawson Creek Mining District of Yukon, Canada. Evaluated using Minerva's DRIVER software, Klondike Gold says it was extremely impressed with the results. "The close agreement between DRIVER's model extents and...
Gold Terra Resource Corp. Aug. 3 released the final assay results from the 15-hole winter drill program designed to test the Campbell Shear along strike south of the historic Con gold mine in Yellowknife, Northwest Territories. With the 200-meter-spaced holes drilled to depths of approximately 1,000 meters, the winter drilling at Campbell Shear, an area south from the Con Mine to the high-grade Yellorex Main zone, includes two holes at Y-88 Zone, six in the Campbell-Con Shear...
Gold Terra Resource Corp. June 27 announced that drilling has tapped deep gold mineralization along the Campbell shear about 1,000 meters south of the past-producing Con Mine in Yellowknife, Northwest Territories. Hole GTCM22-037, which was drilled near the Yellorex zone on the Con Mine property, cut 14.57 meters averaging 1.6 grams per metric ton gold from a depth of 1,256 meters. This hole was drilled to test the Campbell shear below historical hole Y-88, which cut 5.27...
Gold Terra Resource Corp. June 7 reported additional high-grade intercepts from its 19-hole winter drill program in the Mispickel area of its Yellowknife City Gold Project in Northwest Territories. While Gold Terra's 2022 drill program is primarily focused on building gold resources along the Campbell Shear on the Con Mine property optioned from Newmont south of Yellowknife, the company opted to carry out 6,011 meters of drilling in the Mispickel area about 20 kilometers...
Gold Terra Resource Corp. April 6 reported that a hole drilled for metallurgical testing in support of a resource estimate cut 26.5 meters averaging 9.05 grams per metric ton gold in the Yellorex zone on the Con Mine property recently optioned from subsidiaries of Newmont Corp. "The latest drilling on the Yellorex zone was completed in preparation for our updated mineral resource estimate by year-end as the core from Hole 30 will be used for metallurgical testing," said Gold...
Gold Terra Resource Corp. March 22 reported that hole GTWL22-002 cut four meters averaging 19 grams per metric ton gold, including a one-meter subsection averaging 73.9 g/t gold in the Mispickel area of its Yellowknife City Gold Project in Northwest Territories. While Gold Terra's 2022 drill program is primarily focused on building gold resources along the Campbell Shear on the Con Mine property optioned from Newmont south of the city of Yellowknife, the company opted to...
Gold Terra Resource Corp. March 15 announced that recent drilling tapped strong gold mineralization in a prospective area between the Yellorex zone and the historic Con gold mine near the Northwest Territories capital city of Yellowknife. During a program that wrapped up in December, Gold Terra completed 12,687 meters of drilling in 26 holes targeting a 3,000-meter section of the Campbell Shear extending south from the former Con Mine, which produced roughly 5.1 million...
As final assays of its productive 2021 exploration program roll in, Gold Terra Resource Corp. is working on a plan to boost the 1.2-million-ounce inferred resource of its Yellowknife City Gold Project substantially by drilling in new areas and proving up historic resources in and around the capital city of Northwest Territories. The YCG project lies on the prolific Yellowknife greenstone belt, covering nearly 70 kilometers (43 miles) of strike length along the main...
Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold deposits in and around the capital city of Yellowknife and other hot spots after the pandemic-related restrictions of 2020, juniors joined longtime explorers Nighthawk Gold Corp. and Gold Terra Resource Corp. (formerly TerraX Minerals) in hunting for the yellow metal across the 1.14...
With a resource calculated in March 2020, Gold Terra Resource Corp. moved roughly 472,000 ounces closer to its goal of unlocking the multimillion-ounce gold potential of its 800-square-kilometer (309 square miles) Yellowknife City Gold project in Northwest Territories. According to the new calculation, Yellowknife hosts 1.21 million ounces of gold in 21.8 million metric tons of open-pittable inferred resource averaging 1.25 grams per metric ton (876,000 oz) gold; and 2.55...
Gold Terra Resource Corp. July 20 announced the start of a 10,000-meter second phase of 2021 drilling on the Newmont Option gold project in Northwest Territories. Located between the Yellowknife and Gold Terra's large land position south of the city, Newmont Option covers a roughly 3,500-meter section of the Campbell Shear, which is the source of nearly 6 million ounces of the gold recovered at the Con Mine between 1946 and 2005. Following the late 2020 option on this...
Gold Terra Resource Corp. March 23 reported that it cut 4.35 meters averaging 10.85 grams per metric ton gold in its third hole drilled on the property it recently optioned from Newmont Ventures Ltd. and Miramar Northern Mining Ltd. Located between Yellowknife, Northwest Territories and Gold Terra's large land position south of the city, the Newmont Option property covers a roughly 3,500-meter section of the Campbell Shear, which is the source of nearly 6 million ounces of...
Gold Terra Resource Corp. March 16 reported that the 2020 drill program added roughly 472,000 ounces of gold to the resource at its Yellowknife City Gold project in Northwest Territories. According to the new calculation, Yellowknife hosts 1.21 million ounces of gold in 21.8 million metric tons of open-pittable inferred resource averaging 1.25 grams per metric ton (876,000 oz) gold; and 2.55 million metric tons of underground inferred resource averaging 4.04 g/t (331,000 oz)...
For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved to be quite productive, even as a global coronavirus pandemic added expensive restrictions to already costly campaigns. Rigorous restrictions imposed by local and federal officials to quell potential outbreaks of the disease at mining camps and prevent its spread to local...
As 2020, arguably the most calamitous year for northern mining in decades, drew to a close, the Government of Northwest Territories took the unusual step of topping up its annual mining incentives program with an additional C$100,000. In August, the territorial government awarded C$1 million in these grants to 19 junior mining companies and prospectors who proposed mineral exploration programs during the 2020-2021 field season. Normally awarded in the spring, the incentives...
Gold Terra Resource Corp., one of nearly a dozen juniors seeking mineral riches in Northwest Territories in 2020, completed significant exploration drilling on its huge Yellowknife City Gold Project and potentially expanded its holdings in one of Canada's richest historic gold camps. Gold Terra began exploring its initial 37 square-kilometer (14.3 square miles) package of claims and leases about six years ago, and has since increased the property's size more than 21-fold,...
Gold Terra Resource Corp. Aug. 17 announced the start of a 10,000-meter drill program testing high-grade gold targets on its Yellowknife City Gold project in Northwest Territories. This drilling will start with roughly 3,700 meters of drilling in seven holes targeting depth extension of Crestaurum, a deposit that hosts 127,000 metric tons of open-pittable inferred resource averaging 9.41 g/t (59,000 oz) gold; and 723,000 metric tons of underground inferred resource averaging...
Gold Terra Resource Corp. May 19 reported that the final holes from its 2020 winter drill program at the Yellowknife City Gold project in Canada's Northwest Territories cut wide zones of gold mineralization in the Sam Otto Main deposit but did not find a link between Sam Otto Main and Sam Otto South. Three deposits located within a 3,000-meter radius at Yellowknife– Crestaurum, Mispickel and Sam Otto – host 11.62 million metric tons of open-pittable inferred resource ave...
Gold Terra Resource Corp. (formerly TerraX Minerals Inc.) April 22 reported that its winter drill program continues to confirm and expand the gold mineralization at the Sam Otto South target on its Yellowknife City Gold project in Northwest Territories. The Yellowknife project encompasses 783 square kilometers (302 square miles) of gold prospective land immediately north, south, and east of Yellowknife. Three deposits at this district-sale property – Crestaurum, Mispickel and...
