The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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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...
While Golden Triangle is an apt and easily marketable moniker for northwest British Columbia's incredible mineral endowment, Tahltan Territory more accurately and thoroughly encapsulates the rich deposits of copper, gold, silver, nickel, platinum group elements, and other metals for which this region has gained international renown. Extending east from the Alaska border to the Cassiar Mountain range and north from the Nass and Skeena Rivers into the Yukon, the roughly...
There will be impressive financial returns for any mining company that develops a mine at the Kutcho copper-zinc project in Northern British Columbia, according to a feasibility study prepared for Kutcho Copper Corp. "The feasibility study represents a major milestone for Kutcho Copper as we continue to advance the high-grade Kutcho copper-zinc project towards a development decision," said Kutcho Copper President and CEO Vince Sorace. Located about 120 kilometers (75 miles)...
Kutcho Copper Corp. Sept. 13 said it expects the feasibility study for its Kutcho copper-zinc project in Northern British Columbia to be completed in October. While this is later than originally planned, the company says the anticipated mine optimizations and improvements will be worth the wait. A 2017 prefeasibility study, completed immediately prior to Kutcho's acquisition of the project, considers the development of a 2,500-metric-ton-per-day operation that would produce...
Kutcho Copper Corp. Feb. 11 announced an updated and expanded resource estimate for its Kutcho high-grade copper-zinc project in Northern British Columbia. According to the new calculation, the three deposits that make up the Kutcho project – Main, Esso and Sumac – host 18.58 million metric tons of measured and indicated resources averaging 1.78% copper, 2.58% zinc, 0.47 grams per metric ton gold, and 32.8 g/t silver; plus 13.24 million metric tons of inferred resource ave...
Skeena Resources Ltd. June 4 announced it is implementing a vigorous infection prevention and control strategy ahead of resuming exploration and development activities at its Eskay Creek and Snip gold projects in British Columbia's Golden Triangle. Skeena launched a 28,000-meter drill program at Eskay Creek earlier this year but idled the drill after completing 4,237 meters due to COVID-19 restrictions. Planning to resume this program later this month, the company is...
Kutcho Copper Corp. Sept. 17 announced the start of permitting for its Kutcho copper-zinc project in northern British Columbia. The three deposits that make up the Kutcho project – Main, Esso and Sumac – host 17.26 million metric tons of measured and indicated resources averaging 1.85 percent (703.9 million pounds) copper, 2.72 percent (1.03 billion lb) zinc, 0.49 grams per metric ton (272,000 ounces) gold and 33.9 g/t (18.8 million oz) silver. These measured and ind...
Kutcho Copper Corp. March 4 reported an updated and expanded mineral resource estimate that will serve as the basis for an upcoming feasibility study on the company's Kutcho copper-zinc project located in northern British Columbia. "We are pleased to announce an updated mineral resource estimate for the Kutcho project that incorporates the significant work and new drilling conducted by Kutcho Copper during our first full year of ownership," said Kutcho Copper President and...
Kutcho Copper Corp. Jan. 20 announced that it has entered into an exploration agreement with Kaska Nation, represented by Dease River First Nation, relating to Kutcho, a high-grade copper-zinc development project roughly 100 kilometers (60 miles) east of Dease Lake in northern British Columbia. This agreement outlines a framework under which Kutcho Copper and Kaska agree to work together in a spirit of partnership and cooperation to build a positive and mutually beneficial...
Kutcho Copper Corp. Nov. 6 reported that initial results from this year's resource expansion drilling at Kutcho Main has expanded this high-grade copper-zinc-silver deposit at the company's namesake project in northern British Columbia. Located about 100 kilometers (60 miles) east of Dease Lake, the Kutcho property hosts three known Kuroko-type volcanic massive sulfide deposits along an east-west trend. The largest, Main, comes to surface at the east end of the trend, with...
Kutcho Copper Corp. Oct. 18 said the latest round of drill results at its namesake project in northern British Columbia have confirmed the high-grade mineralization in the Main deposit and is providing material for metallurgical work needed to advance the Kutcho Copper project to the feasibility level. Located about 100 kilometers (60 miles) east of Dease Lake, the Kutcho property hosts three known Kuroko-type volcanogenic massive sulfide deposits along an east-west trend....
Kutcho Copper Corp. Oct. 2 said it has received enough information from drilling the Esso deposit to include in a feasibility study for the Kutcho high-grade copper-zinc project in northern British Columbia. A prefeasibility study prepared for Kutcho Copper when the company acquired the project from Capstone Mining Corp. in 2017 outlines a mine forecast to produce 378 million pounds of copper and 473 million lb of zinc, plus by-product gold and silver, over 12 years of...
Kutcho Copper Corp. Sept. 11 reported high-grade copper and zinc from this year's resource expansion drilling at the Esso deposit on the company's project in northern British Columbia. Located about 100 kilometers (60 miles) east of Dease Lake, the Kutcho property hosts three known Kuroko-type volcanogenic massive sulfide deposits along an east-west trend. The largest, Main, comes to surface at the east end of the trend, with Sumac and Esso each getting deeper to the west....
Kutcho Copper Corp. July 4 named Sue Craig as vice president of community and environment, replacing Allison Armstrong who will be moving into an advisory role for the company. As a highly-respected professional geoscientist, Craig has worked in British Columbia and Yukon for more than 25 years on projects from the exploration and development stage to construction, production and mine closure. She successfully led the environmental assessment process for Novagold Resources'...
Kutcho Copper Corp. May 15 reported that crews and equipment are being mobilized for the 2018 field program at its Kutcho Copper project in northwestern British Columbia. "We are excited to get underway on the 2018 field program and are looking forward to the first drill turning in the coming weeks," said Kutcho Copper COO Rob Duncan. Under its former name, Desert Star Resources Ltd., Kutcho Copper acquired the advanced stage copper exploration project from Capstone Mining...
Kutcho Copper Corp. and Tahltan Central Government April 17 said they have entered into exploration and communication agreements aimed at building a positive and mutually beneficial working relationship on the Kutcho copper project in northwestern British Columbia. About 100 kilometers (62 miles) east of Dease Lake, Kutcho project is an advance staged copper exploration project in Tahltan First Nation traditional territory, which blankets roughly 93,500 square kilometers...
Kutcho Copper Corp. April 4 said it has received a US$3.5 million advanced payment from Wheaton Precious Metals Corp., the first payment of US$7 million under an August 2017 precious metals purchase agreement between Kutcho and Wheaton. Under this agreement Wheaton will pay Kutcho US$65 million for up to 100 percent of the payable silver and gold production from the Kutcho copper-zinc-silver-gold project in northwest British Columbia. Additionally, the precious metals...
Kutcho Copper Corp. Feb. 14 announced the resumption of environmental baseline studies at the Kutcho copper project in northern British Columbia. The program will continue with and confirm the environmental and socio-economic data that had been collected previously by Capstone Mining Corp. Under its former name, Desert Star Resources Ltd., Kutcho Copper acquired the project from Capstone in 2017. A prefeasibility study prepared for Kutcho Copper outlines a mine at the Kutcho...
In 1918, the Premier gold mine opened a few miles north of Stewart, a mining town that is the southern gateway to British Columbia's famed Golden Triangle. Over the ensuing 34 years, this underground operation churned out some 2 million ounces of gold and 45 million oz of silver, making it the largest gold producer in North America during that era. A century later, Premier continues to be in play and modern exploration is unveiling the vast mineral potential that northern...
Kutcho Copper Corp. entered British Columbia's minerals exploration scene in 2017 and is already considering the feasibility of developing a mine in the province's northern reaches. Under its former name, Desert Star Resources, this new B.C. explorer cut a deal last June to acquire the high-grade Kutcho copper-zinc-silver-gold project from Capstone Mining Corp. Located about 100 kilometers (60 miles) east of Dease Lake, the Kutcho property hosts three known Kuroko-type...
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...
Capstone Mining Corp. Feb. 17 reported that its Minto Mine in Yukon Territory produced 18,411 metric tons of copper in concentrates during 2014 at a C1 cash cost of US$2.33 per pound of payable copper. Surface mining at Minto was suspended at the end of the third quarter 2014 due to delays in receipt of a water use license amendment required for pre-stripping at Minto North. Fresh ore from underground mining was supplemented with stockpiled ore to feed the mill during the four...
Mineral and coal exploration in British Columbia, which peaked at C$680 million in 2012, retreated to roughly C$476 million in 2013. This drop is on par with the roughly 30 percent decrease in exploration expenditures worldwide. The dynamics that led to the decrease - tight capital markets that continue to challenge the ability of junior explorers to raise money, senior miners keeping tight reins on exploration spending and softer gold prices - have remained in play during...
The Prospectors and Developers Association of Canada bestowed its prestigious "Viola R. MacMillan Award" on Capstone Mining Corp., owner and operator of the Minto Mine in central Yukon Territory at its annual convention in Toronto on March 3. The award is named in honor of the PDAC's longest-serving president and is given to a person or company demonstrating leadership in management and financing for the exploration and development of mineral resources. Capstone, a Vancouver-based base metals miner focused on copper, won the...
British Columbia in 2012 continued to exhibit its strength as the mining and exploration powerhouse of the North American Cordillera. The Canadian province's wealth of mineral potential is the result of geological phenomena that also created the mountain chains "that we have in our province and to the north," according to Bruce Madu, director of the Mineral Development Office of the B.C. Ministry of Energy and Mines. Madu told participants in the 2012 Mineral Exploration Roundup in January that expansion is the theme at most...
