The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Snowline Gold Corp. Dec. 29 highlighted a truly transformative year of discoveries and successes for this swiftly growing Yukon junior. A recent addition to the Yukon's vast collection of exploration companies, Snowline began its exploration of this northern Canadian territory in 2017 and has since grown to nearly C$390 million in market capitalization. Going into 2022, Snowline's portfolio was split between Rogue, Einarson, Ursa, Cynthia, and Rainbow in the Selwyn Basin near...
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020....
With a little bit of downsizing from the sale of its Yukon gold properties, StrikePoint Gold Inc. is well positioned financially to continue exploration work at its Willoughby and Porter properties near Stewart, British Columbia, in the territory's prolific Golden Triangle. Strikepoint's 2022 exploration program included roughly 3,000 meters of drilling split about evenly between its two Northern BC properties. "At Porter, our work will continue to test the limits and source...
Just shy of two years after its inception, Snowline Gold Corp., a junior mining company with deep prospecting roots in the Yukon and backed by savvy investment partners, is quickly emerging as one of northern Canada's most active and enticing gold explorers. As a more recent addition to the North of 60 Mining News coverage area, Snowline has rapidly positioned itself into some of Yukon's most exciting new gold. "We've really gone out to new parts of the Yukon that haven't...
StrikePoint Gold Inc. Dec. 19 announced that the 2022 exploration drilling was successful in confirming high-grade silver mineralization within the historic resource block on the company's Porter-Idaho project in British Columbia's Golden Triangle. Designed to test extensions for high-grade silver mineralization outlined in historical resource estimates, StrikePoint's 2022 program may have achieved something far more. While drilling was successful in confirming high-grade...
StrikePoint Gold Inc. Nov. 28 announced that the initial drill results from its 2022 exploration program expanded known mineralization at the Willoughby gold-silver project in British Columbia's Golden Triangle. Focused on regional exploration aimed at growing the footprint of the Willoughby mineralization trend and to drill previously untested areas on the project, the 2022 exploration program also included reconnaissance surface sampling. "The 2022 program at Willoughby...
Snowline Gold is unveiling an exciting new gold district in Canada’s Yukon. A little over 18 months after its organization, Snowline Gold Corp., a junior mining company with deep prospecting roots in Yukon Territory and savvy investment partners with deep pockets, is emerging as one of northern Canada's most active and enticing gold explorers. In March, the company outlined plans for its 2022 field season, citing exploration of prospective zones in its flagship 7...
Snowline Gold Corp. Sept. 20 announced the doubling of its Selwyn Basin mineral holdings to roughly 254,000 hectares (628,000 acres) through targeted staking and the acquisition of a large portion of StrikePoint Gold Inc.'s Yukon gold exploration properties. A recent addition to the Yukon's vast collection of exploration companies, Snowline began its exploration of this northern Canadian territory in 2017 and has since grown to nearly C$350 million in market capitalization....
Strikepoint Gold Inc. July 5 announced that exploration work is now underway on its Willoughby gold-silver and Porter silver properties near Stewart, British Columbia in Canada's prolific Golden Triangle. "With a healthy treasury over $5 million, we are excited to commence our drilling programs at Porter and Willoughby properties," said Strikepoint Gold President and CEO Shawn Khunkhun. Strikepoint's 2022 exploration program includes roughly 3,000 meters on both properties....
StrikePoint Gold Inc. April 12 announced the latest results from surface channel sampling as well as reconnaissance grab samples collected during the 2021 exploration at its Willoughby gold-silver property, just east of Stewart, British Columbia. Willoughby is an intrusion-related gold-silver project similar to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west. Historical drilling on the property encountered high-grade gold and si...
StrikePoint Gold Inc. announced early last week results from the remaining 13 holes of the 2021 diamond drill program at its Willoughby property located near Stewart in British Columbia's prolific Golden Triangle. Designed to further narrow the gaps between the seven high-grade mineralized zones within the Willoughby nunatak, which is where the mountain protrudes through the ice cap, drilling was successful in extending the 1,300-meter-long high-grade gold and silver...
Going into 2021, StrikePoint Gold Inc. resumed work at its high-grade gold and silver projects, Willoughby and Porter, in British Columbia's Golden Triangle, resulting in new silver vein discoveries that suggest a larger system throughout. The company began its 2021 season at its Porter silver property on Mount Rainey – overlooking Stewart, a town at the southern tip of the Golden Triangle – as sampling discovered new high-grade silver veins from the historic mines. Early 20t...
Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,...
StrikePoint Gold Inc. June 16 reported the 2021 exploration programs are now underway at its Porter Silver and Willoughby gold-silver properties east of the mining town of Stewart in British Columbia's prolific Golden Triangle. "Our 2021 drilling programs are the most aggressive in the company's history," said StrikePoint Gold President and CEO Shawn Khunkhun. This drilling will begin with an initial 5,000-meter phase of 2021 drilling at Porter, a past-producing silver...
StrikePoint Gold Inc. Feb. 3 announced the discovery of a new zone of high-grade gold-silver mineralization at its Willoughby project near Stewart in British Columbia's Golden Triangle. Willoughby, which lies about four miles (seven kilometers) east of Ascot Resources Ltd.'s Red Mountain Mine project, hosts at least three styles of mineralization in eight known areas, two of which were tested by a 1,715-meter drill program completed during 2020. Two of the six holes drilled...
Challenged by a global pandemic and a particularly wet summer, many of Northern British Columbia's mineral explorers became adept to adjusting on the fly as they endeavored to unlock the rich precious, base, and battery metals potential of this section of the Pacific Cordillera. With companies like Skeena Resources Ltd. and Ascot Resources Inc. running year-round drill programs as they seek to establish a new era of gold-silver mines at historic operations in the Golden Triang...
StrikePoint Gold Inc. Jan. 21 reported that 2020 sampling has discovered new high-grade silver veins and extensions of already known veins at the company's Porter silver property on Mount Rainey overlooking Stewart, a town at the southern tip of British Columbia's Golden Triangle. "We are clearly looking at a high-grade silver vein system located within view of the mining town of Stewart, BC," said StrikePoint Gold CEO Shawn Khunkhun. Early 20th century mining of the vein...
Despite being challenged by COVID-19, inclement weather, and a slow return of assay results, StrikePoint Gold Inc. crews remained on target while exploring the company's high-grade Willoughby gold-silver and Porter Silver projects in British Columbia's Golden Triangle during 2020. This exploration was funded largely by Eric Sprott, who invested C$1.96 million to purchase all 23 million StrikePoint shares sold for C8.5 cents each. "With this investment by Eric Sprott,...
StrikePoint Gold Inc. Sept. 9 said its 2020 exploration programs in British Columbia's Golden Triangle are being challenged by COVID-19, weather, and a slow return of assay results. Despite these difficulties, however, crews have met their targets at the company's high-grade Willoughby gold-silver and Porter Silver projects near the mining town of Stewart, BC. "I am exceptionally proud of our team's productivity and success in meeting operational milestones and goals, despite...
StrikePoint Gold Inc. June 29 announced plans for an initial phase of 2020 exploration at its Willoughby and Porter properties near the town of Stewart in British Columbia's Golden Triangle. Willoughby is an intrusion related gold-silver project similar to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west. Historical drilling on the property encountered high-grade gold and silver mineralization in two zones – North and Wilby. H...
StrikePoint Gold Inc. Dec. 3 announced that drilling continues to cut high-grade gold at its Willoughby project in British Columbia's prolific Golden Triangle. StrikePoint acquired Willoughby from ArcWest (formerly Sojourn Exploration Inc.) in March for C$85,000 in cash and 3 million StrikePoint shares. An intrusion related gold-silver project with similarities to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west, Willoughby is...
StrikePoint Gold Inc. Aug. 13 announced the start of a second phase of drilling a Willoughby, a gold-silver project about seven kilometers (four miles) east of Ascot Resources Ltd.'s Red Mountain Mine project in British Columbia's Golden Triangle. StrikePoint acquired Willoughby earlier this year and began a phase 1 drill program on the property in July. This initial phase of drilling targeted the North zone, one of two zones drilled at Willoughby in the 1990s. Gold-silver...
Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$...
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...
StrikePoint Gold Inc. focused its 2019 exploration primarily on Willoughby, the Vancouver, British Columbia-based junior's newest gold and silver property in B.C.'s Golden Triangle. An intrusion related gold-silver project with similarities to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west, Willoughby is the second Golden Triangle property StrikePoint added to its portfolio in as many years. The other, Porter, is a past...
