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 168
Governments commit C$195 million to improving highway infrastructure in critical minerals-rich Northern BC. Heralded as a win for First Nations residents and the mining industry in Northern British Columbia, the federal and provincial governments are investing C$195 million (US$142.6 million) to upgrade highway infrastructure in the critical minerals-enriched Golden Triangle. "The Northwest BC Highway Corridor Improvements Project will benefit a critical mineral region and...
In the meantime, Joe Ovsenek-led P2 Gold will head the 2024 exploration at Eskay Mining's property in the heart of B.C.'s Golden Triangle. In a deal that will see former Pretium Resources President and CEO Joe Ovsenek returning to British Columbia's Golden Triangle, Eskay Mining Corp. and P2 Gold Inc. have entered into a preliminary deal to merge the two gold-focused exploration companies. Eskay Mining is exploring the Eskay-Corey (formerly Consolidated Eskay) project in North...
Financing package backed by Orion Resource Partners is more than enough to develop world-class gold-silver mine in Northern BC. With the goal of advancing Eskay Creek into production by the first half of 2027, Skeena Resources Ltd. has secured a $750 million (C$1 billion) financing package to develop a mine at the gold-silver project in British Columbia's Golden Triangle. "On the back of our positive definitive feasibility study released in November 2023, this financing...
Aims for inaugural drilling of new copper-gold prospect in B.C.'s Golden Triangle later this year. Skeena Resources Ltd. Feb. 8 announced plans for 14,000 meters of drilling on its earlier-staged exploration properties in the Golden Triangle, including the 74,633-hectare (184,422 acres) Hoodoo copper-gold project about 50 kilometers (30 miles) northwest of the company's Eskay Creek gold-silver mine project. Located about midway between Skeena's high-grade Snip gold project...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens... Full story
With the high-grade Snip gold project fully pulled back into its portfolio, Skeena Resources Ltd. is now considering a mine at Eskay Creek that would process ore from both of the company's historic high-grade gold projects in British Columbia's Golden Triangle. Skeena acquired both Snip and Eskay Creek from Barrick Gold Corp. under an option agreement entered into in 2016 and 2017, respectively. Over the ensuing six years, Skeena has focused most of its resources on...
Feasibility study details on open-pit mine slated to produce 2.8M oz of gold over first 12 years of mine. A definitive feasibility study for Eskay Creek details the economic and engineering parameters for a longer-life mine at this exciting gold-silver project in British Columbia's Golden Triangle that will generate strong financial returns for Skeena Resources Ltd., even at the higher costs of building the mine in today's inflationary environment. Under the base case...
Skeena Resources Ltd. Sept. 5 announced a 237% increase in the amount of gold in the indicated resource category at its Snip project in British Columbia's Golden Triangle. Located about 35 kilometers (22 miles) west of Eskay Creek, which has been the primary focus for Skeena, Snip is the home to a high-grade underground gold mine operated by Barrick Gold Corp. that produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric gold dur...
Skeena Resources Ltd. June 20 announced an upgraded and expanded resource estimate for Eskay Creek that will likely convert into new reserves of gold and silver with an updated feasibility study for this Northern British Columbia mine project slated for completion before the end of this year. According to the new calculation, Eskay Creek hosts 50.1 million metric tons of open-pit-mineable measured and indicated resources averaging 2.57 grams per metric ton (4.14 million...
Skeena Resources Ltd. May 24 announced that is has raised C$73.5 million (US$53.9 million) to carry out early development activities at its Eskay Creek gold-silver mine project in Northern British Columbia. A feasibility study completed last September details plans for an open pit mine at Eskay Creek that would produce 2.42 million ounces of gold and 66.7 million oz of silver from 29.9 million metric tons of proven and probable reserves averaging 2.99 grams per metric ton gold...
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...
Proposed merger could have major implications for several mining projects in BC's Golden Triangle. Over the weekend, Newcrest Mining Ltd. and Newmont Corp. confirmed rumors of a proposed merger that has major implications for the future of mining in British Columbia's Golden Triangle. "We believe a combination of Newmont and Newcrest presents a powerful value proposition to our respective shareholders, workforce and the communities in which we operate," said Newmont President...
With the September completion of a feasibility study that details a very economically robust gold-silver mine at Eskay Creek, Skeena Resources Ltd. has focused its drilling on near-surface mineralization that could extend the life of this future mine in British Columbia's Golden Triangle. Over the nine years of operations considered in the feasibility study, the open pit mine proposed for Eskay Creek would produce 2.42 million ounces of gold and 66.7 million oz of silver from...
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... Full story
Eskay Mining Corp. Dec. 15 reported that its 2022 drilling has expanded the TV-Jeff volcanogenic massive sulfide deposits on its namesake gold-silver project in Northern British Columbia. Covering a corridor of VMS mineralization trending south from Skeena Resources Ltd.'s Eskay Creek gold-silver project, and lying between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project to the west, Eskay's property lies at the heart of so...
Skeena Resources Ltd. Dec. 6 announced that two holes have tapped gold-silver mineralization below the proposed 22 Zone open pit at the Eskay Creek mine project in British Columbia's Golden Triangle. A feasibility study published in September details an open pit mine at Eskay Creek expected to produce 2.42 million ounces of gold and 66.7 million oz of silver over an initial nine years of mining based on 29.9 million metric tons of proven and probable reserves averaging 2.99...
Skeena Resources Ltd. Nov. 22 announced that drilling has discovered a new area of near-surface gold-silver mineralization about 200 meters east of 22 Zone, indicating the larger exploration potential surrounding the open pit-mineable resources at the Eskay Creek project in British Columbia's Golden Triangle. A feasibility study published in September details an open pit mine at Eskay Creek expected to produce 2.42 million ounces of gold and 66.7 million oz of silver over an...
Drilling continues to expand gold mineralization SW of proposed pit. Skeena Resources Ltd. Nov. 17 announced that drilling continues to cut strong gold mineralization in an area previously considered as barren waste rock at the southwest end of the proposed open pit gold mine in British Columbia's Golden Triangle. In September, Skeena published the results of a feasibility study that details an open pit mining operation at Eskay Creek that would produce 2.42 million ounces of...
Skeena Resources Ltd. Nov. 8 reported that its 2022 drilling has cut high-grade gold-silver mineralization to the south of and below the Eskay Creek open pit mine detailed in a feasibility study completed in September. This operation is expected to produce 2.42 million ounces of gold and 66.7 million oz of silver over an initial nine years of mining based on the 46.5 million metric tons of open pit minable measured and indicated resources averaging 2.6 grams per metric ton...
Skeena Resources Ltd. Oct. 25 reported that drilling continues to cut thick intervals of gold-silver mineralization at expansion zones off the side of the proposed open-pit mine on the company's Eskay project in British Columbia's Golden Triangle. A feasibility study completed in September details an open pit mine at Eskay Creek that would produce 2.42 million ounces of gold and 66.7 million oz of silver over an initial nine years of mining. Further details on the feasibility...
A feasibility study for developing a mine at Skeena Resources Ltd.'s Eskay Creek has confirmed that developing an open pit mine at this historic gold-silver project in British Columbia's Golden Triangle remains profitable in today's inflationary environment, even if the price of gold dropped to US$1,400 per ounce and silver was selling for a mere US$14/oz. At US$1,700/oz gold and US$19/oz silver, the open pit mined detailed in the Eskay Creek feasibility study prepared for...
Garibaldi Resources Corp. reported that hole EL-22-97b intersected nickel-bearing disseminated and semi-massive sulfide mineralization 205 meters down-trend of the previous deepest mineralized intercept at the E&L Intrusion on the Nickel Mountain project in British Columbia. Located about 18 kilometers (11 miles) southwest of Skeena Resources Ltd.'s Eskay Creek gold-silver mine project, the E&L zone at Nickel Mountain is a magmatic nickel-copper-cobalt massive sulfide...
Drills tap gold-silver in former waste rock of proposed pit Skeena Resources Ltd. Sept. 6 announced the first batch of assay results from a 2022 drill program focused largely on supplementing the existing mine plan for its Eskay Creek gold-silver project in Northern British Columbia with additional near-surface mineralization amenable to open pit mining. A feasibility study released by the company on Sept. 8 details an open pit mine at Eskay Creek that would produce 2.42...
Unlike the European prospectors seeking the gold, silver, copper, and the New World's wealth of other metals, oftentimes First Nations, Native Americans, and Indigenous peoples throughout North America sought a different rock that was precious to their very survival, obsidian. From as far north as the Gates of the Arctic national park to as far south as the Gulf of California, and even eastward and at the bottom of the Great Lakes, this microscopically sharp volcanic rock has...
Tahltan Central Government, Skeena Resources Ltd., and British Columbia have signed a landmark agreement that reshapes the mine permitting process in Tahltan Territory, the province, and potentially across all of Canada. Under this historic pact, Skeena's Eskay Creek gold-silver project will be the first proposed mine in BC to have permits authorized by an indigenous government, marking a significant step toward incorporating the principles of the United Nations Declaration...
