The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 126 - 150 of 277
The territories of northern Canada, so far, appear to have escaped the novel coronavirus pandemic that is currently sweeping the globe. This is due, in part, to the remoteness of the region. But it's also likely the result of extraordinary steps some mining companies are taking to keep COVID-19 out of the region. Sabina Gold & Silver Corp., a Canadian junior aggressively seeking gold in Nunavut, for example, reported March 17 to delay the start of its 2020 exploration program... Full story
Victoria Gold Corp. July 27 announced that crews at its Eagle Gold Mine in the Yukon have worked two years without a lost time incident. While a commendable achievement on its own, this safety milestone is particularly exceptional when you consider that this two-year span encompasses mine construction, transition to commercial mining operations, and the complexities arising from COVID-19 travel restrictions and protocols. "Even with recent major announcements including... Full story
Strategic Metals Ltd. July 27 announced the start of a 7,000-meter drill program at Mount Hinton, a high-grade gold-silver project in the Keno Hill district of central Yukon. The Mount Hinton property hosts numerous high-grade, gold-silver veins developed in a series of structural zones that cut across the same quartzite unit that hosts the very high-grade silver veins for which the Keno Hill district is renowned. Strategic said the 2020 program, the first large-scale diamond...
After 11 years of triumphs and travails, Victoria Gold Corp. has achieved commercial production at Eagle, the largest gold mine in the Yukon's storied history. Like any modern hardrock gold operation, however, the tale of the Eagle Gold Mine reaches much further back into the annuls of history. In "Dublin Gulch, A History of the Eagle Gold Mine", Michael Gates tells a 125-year saga of dedication, determination, and a small mining company with large aspirations of building a mi... Full story
Victoria Gold Corp. July 7 announced that its Eagle Mine in the Yukon produced 13,828 ounces of gold during June. This is the best month for the mine that achieved commercial production on July 1. "Since restarting stacking mid-March, we have steadily seen an increase in monthly gold production," said Victoria Gold President and CEO John McConnell. "With the increasing price of gold, our June production has a value of greater than C$30 million." Gold output at Eagle has been s...
Victoria Gold Corp. celebrated Canada Day with the declaration of commercial production at its Eagle Gold Mine in Canada's Yukon Territory. Since pouring the first bar of gold at Eagle last September, Victoria has been steadily scaling up operations at the Yukon Mine. With mining, crushing, processing, and maintenance operations performing at a high level, the exploration turned gold producing company declared commercial production. "Site activities continue to progress well,... Full story
Victoria Gold Corp. June 23 announced it has kicked off a C$6 million exploration at Dublin Gulch, the 555-square-kilometer property that hosts the company's new Eagle Gold Mine in Canada's Yukon. "With Eagle now in production, 2020 will see a robust exploration campaign within the broader Dublin Gulch camp," said Victoria Gold President and CEO John McConnell. This program will focus primarily on further drilling and trenching near-surface high-grade gold occurrences at...
In another example of mining companies across the North stepping up to help their local communities during the ongoing COVID-19 pandemic, Victoria Gold Corp. donated C$100,000 to the Food Bank Society of Whitehorse, which provides emergency food to Yukoners. "We're so pleased to be able to support Yukoners in need as COVID-19 continues and our food banks face the front lines of the pandemic," said Victoria Gold President and CEO John McConnell. "The health, safety and... Full story
Victoria Gold Corp. May 11 reported strong performance at its newly developed Eagle Gold Mine in the Yukon, thanks in part to the company's COVID-19 action plan. Mining, crushing and stacking ore on the leach pad at Eagle increased significantly during April. As a result, the company reported a significant increase in gold production last month, a trend that is expected to continue in the coming months. Eagle produced 6,768 ounces of gold during April, compared to a total of... Full story
Rau, an intriguing precious and base metals property at the western end of the 185-kilometer- (115 miles) long Rackla Gold property in the Yukon, will continue to be the primary focus of ATAC Resources Ltd.'s exploration efforts in 2020. Last week, the company published the results from an updated preliminary economic assessment (PEA) for Tiger, a carbonate replacement gold deposit that is the most advanced project on the 660-square kilometer (255 square miles) Rau property....
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...
Victoria Gold Corp. Dec. 9 reported that its summer exploration program has expanded the near surface high-grade gold discovered at the Raven target on the company's Dublin Gulch property in the Yukon. Situated about 13 kilometers (eight miles) northeast of Victoria's newly established Eagle Gold Mine, Raven is a 2018 discovery target that has the exploration company turned gold producer excited. Raven is a target within the Nugget zone, which hosts the second largest known in...
Banyan Gold Corp. Dec. 11 reported that the second phase of 2019 drilling at its Aurex-McQuesten project in the Yukon continues to expand gold mineralization at the Airstrip zone. Previous drilling at Airstrip has outlined a roughly 90-meter-thick package of near surface gold mineralization along about 500 meters of strike. The 2019 phase-2 program is designed to extend this zone to 1,000 meters along strike. The latest batch of four holes – MQ-19-54, MQ-19-55, MQ-19-56 and M...
Victoria Gold Corp. Dec. 4 announced a 22 percent increase in gold reserves at Eagle, which is expected to translate into increased annual production at the company's newly developed mine in the Yukon. The Eagle Mine went into production earlier this year with 2.66 million ounces of gold in 123 million metric tons of reserves averaging 0.67 grams per metric ton gold, enough ore for Yukon's newest large mine to produce roughly 200,000 oz of gold annually over an initial...
Victoria Gold Corp. Nov. 25 announced that its Eagle Gold Mine in the Yukon has surpassed 10,000 ounces of gold production. Construction at Eagle Gold was completed in July and on Sept. 17 Yukon's newest large-scale gold mine poured its first bar. At the time, Eagle Gold crews had worked 1,720,843 hours without a lost time incident. This would be a stellar achievement for any workforce but is especially noteworthy when you consider this is a newly formed crew and the work it...
Banyan Gold Corp. Nov. 18 reported that the first four holes of its second phase of 2019 drilling at the Aurex-McQuesten project in the Yukon has tapped gold mineralization in an expansion area of the Airstrip target. The initial phase of 2019 drilling at Aurex-McQuesten included 494 meters of infill drilling at the Airstrip (formerly referred to as McQuesten) zone and 504 meters of discovery drilling at Powerline, a gold zone about 1,000 meters south of Airstrip. Previous...
Banyan Gold Corp. Oct. 2 announced a second phase of 2019 drilling at Aurex-McQuesten, a Yukon gold project about 10 kilometers (six miles) south of Victoria Gold Corp.'s Dublin Gulch property. The 997-meter initial phase of 2019 drilling at Aurex-McQuesten focused on infill drilling at the Airstrip (formerly referred to as McQuesten) gold zone and discovery drilling at Powerline, a gold discovery zone about 1,000 meters south of Airstrip. The Powerline discovery holes cut...
Victoria Gold Corp. poured the first bar of gold at its Eagle Gold Mine on Sept. 17, elevating the former gold exploration company to the echelon of gold producer. "After all the blood, sweat and tears required to explore, develop, permit, finance and build a gold mine in Canada's North, it is extremely gratifying to pour the first gold bar at Eagle," said Victoria Gold President and CEO John McConnell. The inaugural Eagle Gold bar, poured by Yukon Premier Sandy Silver,... Full story
Nova Minerals Ltd. Sept. 11 reported that it has outlined 2.5 million ounces of gold in a maiden inferred resource estimate for the Oxide Korbel deposit on the company's Estelle project in Alaska. Previously known as Oxide Ridge, the Oxide Korbel is located at the northern end of the roughly 18-mile-long Estelle property. The Oxide Korbel discovery hole, drilled by Millrock Resources Inc. in 2011, cut 450.7 meters averaging 0.38 grams per metric ton gold in an area Nova now...
Banyan Gold Corp. Sept. 3 reported that the first four holes from drilling the Powerline zone on the Aurex-McQuesten property tapped gold mineralization similar to that being encountered on Victoria Gold Corp.'s Dublin Gulch property, which is about 10 kilometers (six miles) to the north. Banyan had two objectives for its 2019 exploration program at Aurex-McQuesten – continue to define and increase confidence within the McQuesten gold zone mineralization with infill d...
Banyan Gold Corp. May 25 announced a 903,945-ounce inferred gold resource for AurMac, the new name for the company's combined Aurex and McQuesten properties in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 10 kilometers (six miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. Banyan's drilling over the previous two years... Full story
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$249.4 million, made up of C$... Full story
While ramping up operations at its Eagle Gold Mine in the Yukon, Victoria Gold Corp. continued to explore the larger Dublin Gulch property where this newest large scale mine in the Yukon is located. "Victoria remains focused on Eagle Gold Mine construction, however the company believes the prospective nature of the greater Dublin Gulch claim block will ultimately develop into a truly rare gold camp along the Potato Hills trend through continued exploration efforts," said Victo... Full story
Kinross Gold Corp. focuses its in-house exploration on high-quality brownfield projects and the discovery of new resources within the existing footprint of several of its mine properties, including extensions of known mineralization, as well as looking at other properties in surrounding districts. The Fort Knox Mine in Interior Alaska is an example of the Toronto-based gold miner's brownfield success. In its 23rd year of operation, this open-pit mine a few miles north of... Full story
Melbourne, Australia-based Nova Minerals Ltd. first looked north to Alaska late in 2017, when it acquired five Alaska properties – Estelle, a gold-copper-silver project about 100 miles northwest of Anchorage; Chip-Loy, a nickel-copper-cobalt-gold-silver-platinum group element project; Bowser Creek, a silver-zinc-lead project; Windy Fork, a rare earth elements property; and Ozzna Creek, a gold-silver-zinc-copper-lead property. Nova Minerals' 2019 exploration focused p... Full story
