The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 165
Skeena Resources Ltd. Feb. 11 announced strong gold and silver grades tapped during infill drilling in the 21A and 21E zones toward the southern end of the open pit resource at the Eskay Creek mine project in British Columbia's Golden Triangle. Over a 14-year span ending in 2008, an underground mine operated by Barrick Gold Corp. produced roughly 3.3 million ounces of gold and 160 million oz of silver averaging 45 grams per metric ton gold and 2,224 g/t silver, which at the...
Skeena Resources Ltd. Jan. 4 announced that it is selling two British Columbia exploration properties for C$8 million for exploration, which will provide funds for ongoing exploration at its Eskay Creek gold-silver project. Most of these funds will come from the sale of the GJ copper-gold-silver property in northern British Columbia to Newcrest Mining Lt. for C$7.5 million cash. In 2015, Skeena cut a deal to buy full ownership of the GJ from Teck Resources Ltd. and NGEx...
Skeena Resources Ltd. Jan. 14 reports continued strong gold-silver intercepts during infill drilling at the Eskay Creek project in British Columbia's Golden Triangle. Barrick Gold Corp. operated an underground mine at Eskay Creek from 1995 to 2008 that produced roughly 3.3 million ounces of gold and 160 million oz of silver from ore that averaged 45 grams per metric ton gold and 2,224 g/t silver. Skeena, which acquired the property from Barrick, has identified lower grade but...
Skeena Resources Ltd. Dec. 18 reported that its 2019 drilling discovered a new occurrence of very high-grade gold at its Snip project in British Columbia's Golden Triangle. Located about 200 kilometers (125 miles) northwest of Stewart, B.C., Snip hosts a historic underground gold mine that produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric ton gold over a nine-year span that began in 1991. Barrick Gold Corp., the owner of...
Open-pit mining the gold- and silver-rich mineralization remaining at the historic Eskay Creek property in northern British Columbia would result in rich financial returns, according to a preliminary economic assessment recently completed for Skeena Resources Ltd. Barrick Gold Corp. operated an underground mine at Eskay Creek from 1995 to 2008 that produced roughly 3.3 million ounces of gold and 160 million oz of silver from ore that averaged 45 grams per metric ton gold and...
Skeena Resources Ltd. Oct. 22 said drills have tapped high-grade gold in newly identified mineralized horizon below the current resource at the Eskay Creek project in British Columbia's Golden Triangle. Skeena, which acquired Eskay Creek from Barrick Gold Corp. in 2017, is focused on expanding and upgrading near surface, high-grade gold resources that could be developed into an open pit mine. According to a resource calculated early in 2019, Eskay Creek hosts 12.71 million...
Skeena Resources Ltd. Sept. 25 said assay results from the initial phase of 2019 drilling at Eskay Creek indicate the potential to upgrade and expand the near surface resource at 21 A, one of three zones being tested this year. Over a 14-year span ending in 2008, Barrick Gold Corp. produced roughly 3.3 million ounces of gold and 160 million oz of silver at average grades of 45 grams per metric ton gold and 2,224 g/t silver from an underground mine at Eskay Creek. Skeena,...
Crystal Lake Mining Corp. Sept. 18 announced results from a hole that cut shallow high-grade gold mineralization at the NW Zone on the company's Newmont Lake property in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) northwest of Skeena Resources' Eskay Creek project and about the same distance southeast of Teck Resources and Newmont Goldcorp's Galore Creek project, Newmont Lake is in an area known for copper and gold deposits. NW Zone, which is...
Skeena Resources Ltd. Sept. 9 announced that infill drilling at its Eskay Creek project in British Columbia's Golden Triangle has discovered a previously unidentified vent carrying high-grade gold and silver. According to a resource calculated in February, Eskay Creek hosts 12.71 million metric tons of surface mineable indicated resource averaging 4.5 grams per metric ton (1.8 million ounces) gold and 117 g/t (47.79 million oz) silver; and 13.57 metric tons of surface...
Crystal Lake Mining Corp. Sept. 4 reported rich copper mineralization in core and from outcrop freshly exposed from the rapid retreat of snow and ice on its Newmont Lake project in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) northwest of Skeena Resources' Eskay Creek project and about the same distance southeast of Teck Resources and Newmont Goldcorp's Galore Creek project, Newmont Lake is in an area known for copper and gold deposits. NW Zone,...
Skeena Resources Ltd. Aug. 7 announced the start of a roughly 15,000-meters surface drill program at its Eskay Creek gold-silver project in British Columbia's Golden Triangle. From 1994 to 2008, Barrick Gold Corp. operated an underground mine at Eskay Creek that produced roughly 3.3 million ounces of gold and 160 million oz of silver at average grades of 45 grams per metric ton gold and 2,224 g/t silver, which at the time made it the world's highest-grade gold mine and fifth-l...
Crystal Lake Mining Corp. June 12 said a large copper-gold porphyry target area with high-grade gold potential, known as Chachi Corridor, has been outlined on the eastern side of its Newmont Lake project in the heart of British Columbia's Golden Triangle. Located about 30 kilometers (19 miles) northwest of Skeena Resources Eskay Creek project and about the same distance southeast of Teck Resources and Newmont Goldcorp' Galore Creek project, Newmont Lake is in an area known for...
Crystal Lake Mining Corp. April 1 announce the closing of a C$4.6 million financing, which will primarily be used to fund a 2019 drill program at the Newmont Lake gold-copper-silver property in northwestern British Columbia. Located about 30 kilometers (19 miles) northwest of Skeena Resources Ltd.'s Eskay Creek project and about the same distance southeast of Teck Resources Ltd. and Newmont Mining Corp.'s Galore Creek project, Newmont Lake is in an area known for deposits...
Skeena Resources Ltd. Feb. 28 reported an updated open-pit resource for its Eskay Creek gold-silver project in northern British Columbia. Skeena cut a deal with Barrick Gold Corp. late in 2017 to acquire the major's interest in Eskay Creek and during 2018 the junior carried out an initial phase of expansion and infill drilling targeting three zones – 21A, 21C and 22 – at this historic gold-silver mine property. The 46 holes Skeena Resources drilled from the surface, com...
Skeena Resources Ltd. Jan. 15 reported additional high-grade gold-silver intercepts from the recently completed drill program at the Eskay Creek project in the Golden Triangle of northwestern British Columbia. Skeena cut a deal with Barrick Gold Corp. late in 2017 to acquire the major's interest in Eskay Creek and during 2018 the junior carried out an initial phase of expansion and infill drilling targeting three zones – 21A, 21C and 22 – at this historic gold-silver mine pro...
Skeena Resources Ltd. Dec. 5 reported gold-silver intercepts from another eight holes drilled at the Eskay Creek project in British Columbia's Golden Triangle. Skeena cut a deal with Barrick Gold Corp. late in 2017 to acquire the major's interest in Eskay Creek. This year the junior carried out an initial phase of expansion and infill drilling targeting three zones – 21A, 21C and 22. The latest batch of results are from holes testing the 21C Zone, highlights include: • 10....
Skeena Resources Ltd. reported additional strong gold-silver results from its phase-I drill program at Eskay Creek, including one hole that cut 31.5 meters averaging 10.16 grams per metric ton gold and 331 g/t silver. This initial phase of drilling is designed to infill and upgrade areas of inferred resources in three zones at Eskay Creek – 21A, 21C and 22 – as well to collect fresh material for an upcoming metallurgical study for this historical mine property in British Col...
Skeena Resources Ltd. Oct. 31 said long sections of gold-silver mineralization cut in six additional holes from the phase I drilling at Eskay Creek continue to demonstrate the excellent grade and geological continuity of the 21A Zone of this project in the Golden Triangle of British Columbia. Over a 14-year span starting in 1994, Barrick Gold Corp. operated a mine at Eskay Creek producing 3.3 million ounces of gold and 160 million oz of silver from volcanogenic massive sulfide...
Skeena Resources Ltd. Oct. 16 announced that Peru-based miner Hochschild Mining plc has entered into an option to earn a 60 percent interest in Skeena's Snip gold project in British Columbia's Golden Triangle. Hochschild is a leading underground precious metals producer focusing on high-grade silver and gold deposits. Listed on the London Stock Exchange, Hochschild operates four underground precious metals mines – three in Peru and one in Argentina. "We are extremely p...
Skeena Resources Ltd. Oct. 1 reported high-grade gold-silver intercepts from the company's initial phase of drilling at the Eskay Creek project in British Columbia's Golden Triangle. Skeena cut a deal to acquire Eskay Creek, which hosts a previously producing precious metals-rich volcanogenic massive sulfide deposit, from Barrick Gold Corp. late in 2017. Last month the company had a resource calculated for this property that meets modern reporting standards. According to this...
Whether it be precious metals such as gold and silver, base metals like copper and zinc, or battery metals like nickel and cobalt, northern British Columbia is rich in the type of metal deposits that junior mining companies are hoping to discover and majors are wanting to mine. Couple this mineral endowment with good infrastructure – especially stacked up against the other jurisdictions in the North of 60 Mining News coverage area – and northern B.C. continues to draw str...
Skeena Resources Ltd. hopes to breathe new life into Eskay Creek and Snip, iconic Golden Triangle gold mines previously operated by Barrick Gold Corp. Over a 14-year span ending in 2008, an underground mine at Eskay Creek produced roughly 3.3 million ounces of gold and 160 million oz of silver at average grades of 45 grams per metric ton gold and 2,224 g/t silver, which at the time made it the world's highest-grade gold mine and fifth-largest silver mine by volume. The high-gr...
Crystal Lake Mining Corp. is finding plentiful copper, gold and silver mineralization emerging from the rapidly retreating glaciers on its Newmont Lake project in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) northwest of Skeena Resources' Eskay Creek project and about the same distance southeast of Teck Resources and Newmont Goldcorp's Galore Creek project, Newmont Lake is in an area renowned for world-class deposits rich in copper and gold. NW...
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...
Skeena Resources Ltd. has assembled an impressive portfolio of precious and base metals properties in British Columbia's Golden Triangle. This year the company focused its exploration primarily on expanding the high-grade gold at Snip and Eskay Creek, two past-producing mines acquired from Barrick Gold Corp. Operated by Barrick in the 1990s, the historic underground mine at Snip produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per...
