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(130) stories found containing 'kaminak gold'

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  • Eerie photo of Slide Cemetery in Dyea, Alaska, from the Palm Sunday Avalanche.

    Eerie vision of Far North ghost towns

    A.J. Roan, Mining News|Updated Oct 10, 2022

    For this special spooky edition, North of 60 Mining News is revisiting some of the most bizarre and disturbing ghost towns in its northern coverage area. From one of the most haunted places in Alaska to a practically unknown trading post in Nunavut, enjoy this eerie account of places that once thrived but are now all but forgotten with nary the skeleton of infrastructure to prove its existence. Let us peer into the oftentimes short-lived bastions of civilization that, for...

  • Coffee Gold project Goldcorp Newmont Yukon Canada First Nation White District

    Newmont gets Coffee Gold greenlight

    Shane Lasley, Mining News|Updated Mar 21, 2022

    The Yukon government and First Nations have given Newmont Corp. the green light to move ahead with development of a mine at its Coffee Gold project. Located in the heart of Yukon's White Gold District, about 80 miles (130 kilometers) south of Dawson City, Coffee is one of the earliest gold discoveries made by renowned prospector Shawn Ryan. Kaminak Gold Corp. advanced Ryan's grassroots discovery to a 2-million-ounce gold deposit that attracted the attention of Goldcorp, which...

  • Doyon ANCSA Alaska Native Claims Settlement Act 50th anniversary Data Mine North

    Partnerships unlock golden Doyon potential

    Shane Lasley, Data Mine North|Updated Jan 6, 2022

    It is hard to quantify which is more impressive, the sheer size of the estate owned by Doyon Ltd. or the rich and underexplored mineral potential on the lands owned by the Alaska Native Claims Settlement Act regional corporation for Alaska's Eastern Interior. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon owns 12.5...

  • Mining Explorers 2020 Alaska map Tectonic Metals Inc Eric Buitenhuis Seventymile

    Tectonic builds Alaska partnerships, lands

    Shane Lasley, Mining News|Updated Jan 17, 2021

    A relatively young mineral exploration company led by a veteran team noted for their success in advancing Coffee Gold in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project, Tectonic Metals Inc. is exploring the overlooked gold potential Alaska has to offer. Formed as a private company in 2018 and taken public on the TSX Venture Exchange towards the end of 2019, Tectonic has already built an impressive portfolio of gold properties and strong...

  • Doyon geologist and shareholder core boxes mineral exploration

    Doyon fosters golden Alaska partnerships

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Doyon Ltd. is seeing a resurgence of mineral exploration on its lands across Interior Alaska, especially on gold properties held by the Alaska Native Claims Settlement Act regional corporation. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon itself, owns 12.5 million acres of land within this vast region, making it the...

  • Heavy equipment at Victoria Eagle Gold mine Dublin Gulch Yukon Territory

    Explorers tout first gold, new finds

    Rose Ragsdale, For Mining News|Updated Sep 26, 2020

    After being stalled for decades, hardrock gold mine development in Yukon Territory appears to be picking up speed, as one company rockets toward full mine production by mid-2020, while at least two others report exciting new discoveries. The Yukon, legendary for producing millions of ounces of gold dating back nearly 125 years, is still one of the best places on Earth to find the precious metal. Yet few modern gold projects have managed to overcome the constraints imposed by...

  • Tectonic goes public, makes gold discovery

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Investors looking for mineral exploration companies boasting a team with a proven track record and gold properties in safe and mineral-rich jurisdictions have a new choice with the Tectonic Metals Inc. symbol, TECT, listed on the TSX Venture Exchange at the opening of trading on Nov. 18. While Tectonic may be the newest mineral explorer on the TSX Venture Exchange, the company has been acquiring and assessing gold properties in Alaska for the past two years as a privately...

  • Millrock Resources EMX Royalty Corvus Gold Tectonic Metals Newmont

    Goodpaster gold exploration rush is on

    Shane Lasley, Mining News|Updated Sep 25, 2020

    With at least five companies investing heavily in securing ground, acquiring royalties and drilling at and around the Pogo Mine, Goodpaster Mining District has emerged as the hottest destination for gold exploration in Alaska during 2019. The US$30 million to US$40 million Australia-based Northern Star Resources Ltd. is investing in exploration at its newly acquired Pogo Mine alone would be enough to make Goodpaster the most explored district in Alaska this year. "We've got 12...

  • Kaminak Gold executives Eira Thomas, Rob Carpenter, Tony Reda, Curt Freeman

    Tectonic has big 2019 plans for Alaska

    Shane Lasley, Mining News|Updated Sep 25, 2020

    Tectonic Metals Inc. plans to leverage Alaska's underexplored gold potential to create "the number one mineral exploration company in the world." While this is a lofty goal, Tectonic Metals is led by an executive team that is renowned for the mineral exploration, mining and business skills required to achieve the company's vision. Tony Reda, former vice president of corporate development of Kaminak Gold Corp., is the president and CEO of Tectonic Metals. He is joined by Eira T...

  • Doyon's vast Tintina Gold Belt potential

    Shane Lasley, Mining News|Updated Sep 25, 2020

    With 12.5 million acres of land spanning Alaska's Interior, Doyon Ltd. is the largest private landholder in the state and one of the largest in the nation. For mining and mineral exploration companies, the rich mineral potential of these lands may be more impressive than the sheer size of the estate. This is because the Doyon region is a nearly Texas-sized swath of Interior Alaska that is renowned for its gold and a host of other metals, providing the regional corporation,...

  • GT RAB drilling at Vertigo gold discovery JP Ross White Gold District Yukon

    Vertigo may be more robust than Coffee

    Shane Lasley, Mining News|Updated Sep 25, 2020

    Spectacular gold assays continue to roll in from the 2018 drilling and trenching at Vertigo, a target on White Gold Corp.'s JP Ross property that is shaping up to be the most robust gold system identified so far in Yukon's White Gold District. The latest round of assays include results from a reverse circulation (RC) hole that has significantly extended the Vertigo rotary air blast (RAB) discovery to depth and encountered a deeper zone of high-grade gold to depth. This RC...

  • Canada Territorial economic outlook, gold mines drive growth Nunavut

    Mines drive growth across Canada's North

    Shane Lasley, Mining News|Updated Sep 25, 2020

    New gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years, according to the latest Territorial Outlook published by The Conference Board of Canada. The non-profit think tank focused primarily on researching and analyzing economic trends, however, forecasts a shrinking economy for Northwest Territories as the diamond sector there matures. Despite a tepid recovery for the mining sector as a whole, the new mines being developed...

  • Tectonic Metals gold Alaska Eira Thomas Tony Reda Rob Carpenter

    Kaminak 2.0 explores Alaska gold potential

    Shane Lasley, Mining News|Updated Sep 25, 2020

    Members of the Kaminak Gold Corp. executive team have reunited to form Tectonic Metals Corp., a private exploration company that has acquired three overlooked gold exploration properties in Alaska's Eastern Interior. While with Kaminak, this team advanced the Coffee project in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project that Goldcorp Inc. acquired in 2017 for C$520 million. Cashing in on Coffee, several of the Kaminak executives moved...

  • White Gold District exploration Shawn Ryan Dawson City, Yukon Territory

    White Gold returns to namesake district

    Shane Lasley, Mining News|Updated Sep 25, 2020

    White Gold Corp. is eager to expand known gold deposits and make news discoveries across the roughly 1 million acres (390,000 hectares) of prospective lands it holds in the Yukon's White Gold District. About half of this year's C$9 million exploration program is focused on regional targets across the extensive land holding, including more than 100 rotary air blast (RAB) drill holes, airborne geophysical surveys, over 22,000 soil samples and other exploration activates. The...

  • Alaska is a great place to do business

    Shane Lasley, Mining Explorers|Updated Aug 14, 2020

    When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska...

  • Are mega-gold-mergers good for North?

    Shane Lasley, Mining News|Updated Aug 14, 2020

    The two mega-mergers that hit the gold mining sector early in 2019 – Barrick Gold Corp. combining with Randgold Resources Ltd. and Newmont Mining Corp. acquiring Goldcorp Inc. – is forever changing the gold mining landscape around the world. While the two largest gold mining companies Newmont Goldcorp (No. 1) and Barrick (No. 2) are still in the process of shedding assets following the mega-mergers, it seems that Newmont Goldcorp will emerge with a much stronger foothold in...

  • Goodpaster – Gold is where you find it

    Shane Lasley, Mining News|Updated Aug 14, 2020

    The Goodpaster Mining District in Interior Alaska adds credence to the sourdough mining adage "gold is where you find it." Unlike the 8.3 million ounces of placer gold recovered from the Fairbanks Mining District to the west, 1.2 million oz from the Circle Mining District to the northwest or 20 million oz from Yukon's Klondike District to the east, the Goodpaster Mining District has thrown off a paltry 2,050 oz of placer aurum. Yet, Northern Star Resources Ltd.'s Pogo Mine in...

  • A Tectonic shift for gold exploration

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Emerging on Alaska's exploration scene in 2018, Tectonic Metals Inc. is a new junior mining company that applies a business-first strategy to managing the risks inherent to advancing grassroots gold discoveries to a multi-million-ounce gold reserve that global mining companies want to buy and the local people want to see developed into a mine. "Junior mining is 99 percent risk, the failure rate is huge, yet nobody has any protocols in place for managing the risks," Tectonic...

  • Mining Explorers 2018 Alaska Yukon Nunavut mining and mineral exploration

    Electrum Group funds strategic exploration

    Shane Lasley, Mining News|Updated Mar 1, 2019

    Since investing roughly US$70 million to acquire a 28 percent stake in Novagold Resources Inc. in 2009, American billionaire Thomas Kaplan and his Electrum Group of companies have taken a keen interest in some of the more intriguing mineral exploration companies and projects in Alaska and across Canada's North. Kaplan, an Oxford-educated historian that began investing in natural resources in the 1980s, knows that gold has served as a currency throughout mankind's written histo...

  • Shawn Ryan, GroundTruth Exploration Dawson City JP Ross Vertigo

    ME2018: White Gold Corp.

    Updated Nov 23, 2018

    With continued financial and technical support from Agnico Eagle Mines Ltd. and Kinross Gold Corp., White Gold Corp. carried out a budgeted C$9 million program in 2018 to expand known deposits and explore the larger potential across the roughly 1 million acres (390,000 hectares) of prospective lands it holds in the Yukon's White Gold District. The explorer's massive portfolio of gold properties is a re-assemblage of White Gold prospects legendary Yukon gold prospector Shawn Ry...

  • Roads to Yukon resources

    Shane Lasley, Mining News|Updated Jan 24, 2018

    Roads to some of Yukon's richest mining districts are getting more than C$360 million in upgrades. Canada Prime Minister Justin Trudeau rolled out the plans to invest in modern transportation infrastructure during a visit to the territory on Sep. 2. "Modern infrastructure is key to developing and properly managing the incredible natural resources we have at our fingertips," Trudeau said. The prime minister pledged C$247.8 million to the Yukon Resource Gateway project, a...

  • Mining Explorers 2017: Majors fill funding void North of 60

    Shane Lasley, publisher North of 60 Mining News|Updated Jan 24, 2018

    Goldcorp Inc.’s half-a-billion-dollar purchase of Kaminak Gold Corp. and the Coffee Gold project in Yukon Territory in 2016 marked a major shift for North of 60 mining explorers. Junior mining explorers typically look to the investment community for the venture capital needed to discover rich deposits of minerals. In turn, major mining companies come along and buy the mineral-rich project or the company that discovered it, typically providing a handsome return for the j...

  • Mining Explorers 2017: Major Yukon gold rush

    Shane Lasley, Mining News|Updated Jan 24, 2018

    Following up on the discoveries made during a C$1 billion exploration explosion in the Yukon from 2007 until 2013, five of the world's largest gold producers are leading a second wave of the 21st Century Yukon Gold Rush. Kinross Gold Corp., which operates the Fort Knox Mine in neighboring Alaska, was the first of the majors to grab a foothold in the Yukon when it acquired the White Gold property in 2009. The real rush of majors to the westernmost Canada territory, however,...

  • Mining Explorers 2017: Ryan re-assembles White Gold

    Shane Lasley, Mining News|Updated Jan 24, 2018

    With financial and technical backing from Agnico Eagle Mines Ltd. and Kinross Gold Corp., legendary prospector Shawn Ryan has set out to finish what he started in Yukon's White Gold District. To accomplish this objective, Ryan has put roughly 1 million acres (390,000 hectares) of the White Gold District into White Gold Corp., a newly formed exploration company that owns claims covering roughly 40 percent of this promising gold region. Of the dozens of White Gold prospects...

  • Desert Star cuts deal to acquire Kutcho, BC

    Updated Jan 15, 2018

    Desert Star Resources Ltd. June 15 reported that it has signed a definitive agreement to acquire full ownership of Capstone Mining Corp.'s Kutcho copper-zinc-gold-silver project in northern British Columbia. To acquire Kutcho Copper Corp., the Capstone subsidiary that owns Kutcho, Desert star has agreed to pay C$28.8 million in cash and issue enough shares to provide Capstone with 9.9 percent of Desert Star's issued and outstanding shares. A prefeasibility study prepared for Desert Star outlines a mine at Kutcho that would...

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