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(277) stories found containing 'Victoria Gold'


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  • Visible gold grains seen in first drill core at RC Gold project in Yukon.

    Sitka Gold shows off first 2023 drill hole

    A.J. Roan, Mining News|Updated Nov 15, 2023

    Sitka Gold Corp. April 12 reported an update on its recently initiated 10,000-meter diamond drill program at the company's RC Gold project, which has already begun returning impressive results that is "far beyond anything" the company has seen to date. Located within the central region of Canada's Yukon Territory, the RC Gold project is roughly midway between Sabre Gold Mines Corp.'s Brewery Creek mine project and Victoria Gold Corp.'s Eagle Gold mine. At approximately 37,700...

  • Banyan Gold President and CEO Tara Christie inspecting core.

    Banyan reports consistent Powerline gold

    A.J. Roan, Mining News|Updated Sep 14, 2023

    Banyan Gold Corp. Sept. 6 announced the latest results from 13 holes that confirm consistency of gold mineralization within the southern portion of the Powerline deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and A...

  • A drill pad wedged onto the side of a cliff at the RC Gold project.

    Sitka drills deeper to confirm gold extent

    A.J. Roan, Mining News|Updated Sep 7, 2023

    Sitka Gold Corp. Sept. 5 announced the results from the first three holes drilled during the 2023 exploration program at the RC Gold project in Yukon, Canada, which continues to highlight the consistency and magnitude of mineralization at its ever-expanding targets. "The results from the first three drill holes completed during our summer drill program at RC Gold continue to illustrate just how consistent and well-endowed the gold mineralization is at our expanding Blackjack...

  • A huge plume of black smoke above the Eagle Gold mine camp.

    Victoria Gold has resumed full operations

    A.J. Roan, Mining News|Updated Aug 31, 2023

    Victoria Gold Corp. Aug. 21 announced that after nearly two weeks of halted operations due to wildfires, operations at the Eagle Gold Mine in central Yukon have returned to normalcy, and production has resumed once more. At the end of July, Victoria initiated a partial evacuation of its Eagle Gold Mine operations due to the proximity of the East McQuesten wildfire. With the fires getting as close as 4,000 meters to the mine, the company commenced a second evacuation of Eagle...

  • Wildfires across a ridge in Canada’s Yukon Territory.

    Yukon fire halts gold mine; exploration

    A.J. Roan, Mining News|Updated Aug 24, 2023

    To ensure the safety of its Eagle Gold Mine employees, Victoria Gold Corp. July 30 announced that operations would be partially evacuated due to the recent wildfire activity near the operation. At the same time, neighboring Banyan Gold Corp. is paring down its gold exploration activities due to its proximity to the fire. "The safety of our employees is our highest priority," said Victoria Gold President and CEO John McConnell. "As a result of wildfire activity proximal to...

  • Visible gold in core from Sitka’s latest drilling program.

    VG from step-out at Sitka's Blackjack

    A.J. Roan, Mining News|Updated Aug 17, 2023

    Sitka Gold Corp. Aug. 17 announced that drilling has encountered widespread mineralization, including visible gold, in large step-out drilling at Blackjack during the ongoing drill program at the company's RC Gold project in Yukon, Canada. Consisting of a 376-square-kilometer (145 square miles) contiguous district-scale land package located in the newly road-accessible Clear Creek, Big Creek, and Sprague Creek districts in the heart of Yukon's Tombstone Gold Belt, RC Gold is o...

  • Technician pours gold doré into bar molds at Victoria’s Eagle Mine.

    Victoria's Eagle Gold output on the rise

    A.J. Roan, Mining News|Updated Jul 20, 2023

    Victoria Gold Corp. July 5 announced that its Eagle Gold Mine in Canada's Yukon produced 45,568 ounces of gold during its second quarter of 2023 and a cumulative of 83,188 oz gold during its first half – a nearly 50% increase from 2022 production. Kicking off the year with a strong start, Victoria announced its first quarter produced 37,619 oz of gold, compared to the 24,358 oz of gold produced during Q1 2022. The company says the 55% increase in gold production was a...

  • A map showing the remaining space between Powerline and Aurex Hill.

    Banyan closes Powerline-Aurex Hill gap

    A.J. Roan, Mining News|Updated Jul 20, 2023

    Banyan Gold Corp. July 19 announced the results from the latest 25 drill holes from its ongoing 2023 exploration program at the company's AurMac property in Yukon, Canada, establishing that gold mineralization is continuous between Powerline and Aurex Hill – a goal Banyan has been pursuing for the past couple of years. "Confirmation that AurMac gold mineralization is continuous between Powerline and Aurex Hill was an important goal of our Phase 1 drill program," said Banyan G...

  • Geologist stands in front of mineralized rock face in Canada’s Yukon.

    Palladium One explores Canalask nickel

    Shane Lasley, Mining News|Updated Jul 12, 2023

    Palladium One Mining Inc. July 10 announced that crews are carrying out fieldwork in preparation for a high-resolution, ground-based electromagnetic survey at its Canalask nickel-copper project in western Yukon. Accessible from the Alaska Highway about 320 kilometers (200 miles) northwest of Whitehorse, the 3,400-hectare (8,402 acres) Canalask property shows strong potential for massive nickel sulfide mineralization. Nickel mineralization was discovered on the property during...

  • Map showing the position and results of the first holes at RC Gold.

    Drilling shows Blackjack growth potential

    A.J. Roan, Mining News|Updated Jun 8, 2023

    Sitka Gold Corp. June 6 announced the assay results for the second hole drilled during the company's planned 10,000-meter drill program expanding on its RC Gold project in the prolific Tombstone Gold Belt in Canada's Yukon. Consisting of a 376-square-kilometer contiguous district-scale land package, RC Gold is located near the newly road-accessible Clear Creek, Big Creek, and Sprague Creek districts in the heart of Yukon's Tombstone Gold Belt. Approximately 100 kilometers (60...

  • Aerial photo of the camp at Banyan Gold’s AurMac property in Yukon.

    Banyan expands AurMac to 6.2 million oz

    A.J. Roan, Mining News|Updated Jun 1, 2023

    Banyan Gold Corp. May 24 announced that it has added more than 2 million additional ounces to its AurMac project in the Yukon over the past year, elevating the current resource to 6.2 million oz of gold. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and Aurex Hill. A...

  • Drone picture of drilling on a mountain ridge at RC Gold project.

    RC Gold returns plentiful VG for Sitka Gold

    A.J. Roan, Mining News|Updated May 11, 2023

    Sitka Gold Corp. May 8 announced multiple occurrences of visible gold has been observed in all three holes drilled during the winter phase of 2023 diamond drilling at the company's RC Gold project in Yukon, Canada. "We are very encouraged by the visual observations of the drill holes completed during the initial phase of 2023 drilling at RC Gold," said Sitka Gold CEO Cor Coe. "An early start to this year's diamond drilling at the company's year-round, road accessible RC Gold...

  • Heap leach solution pipes and ore being stacked on a snow-covered pad at Eagle.

    Strong 2023 start for Eagle Gold Mine

    Shane Lasley, Mining News|Updated Apr 13, 2023

    Victoria Gold Corp. April 5 announced that it produced 37,619 ounces of gold during the first quarter of 2023 operations at its Eagle Mine in the Yukon, a nearly 55% increase over the 24,358 oz produced during the first three months of last year. "This was the best Q1 performance for the Eagle Gold Mine since operations commenced with strong gold production and ore tonnage stacked on the heap leach pad," said Victoria Gold President and CEO John McConnell. Since pouring the...

  • Looking north at a placer gold mine in the valley draining Mount Hinton, Yukon.

    Project generator makes bold moves

    Rose Ragsdale, For Mining News|Updated Apr 13, 2023

    Strategic Metals Ltd., surely the most active project generator in northern Canada, recently reported substantial mineral exploration and transaction activities in 2022 and early 2023. This includes an update in January on exploration at Mount Hinton, a gold-silver project in Yukon's Keno Hill District that lies immediately southeast of Hecla Mining Company's Keno Hill Silver Mine, 35 kilometers (22 miles) southeast of Victoria Gold's Eagle Mine, and 25 kilometers (16 miles)...

  • Geologist hiking through the Yukon plains in Summer.

    Hecla, ATAC come to definitive agreement

    A.J. Roan, Mining News|Updated Apr 6, 2023

    Hecla Mining Company April 6 announced that after several weeks of deliberation, it has reached a definitive agreement to move forward with the purchase of ATAC Resources Ltd.'s Rackla and Connaught projects, while also spinning out the Yukon-focused exploration company's earlier staged copper properties into Cascadia Minerals Ltd. After declining a proposal from Victoria Gold Corp. at the beginning of February, ATAC announced shortly after its intention to sell its...

  • Silver bars and a balance scale with gold on one side and weights on the other.

    North of 60 Mining M&A activity heats up

    Shane Lasley, Mining News|Updated Mar 23, 2023

    From competing offers for an exploration company with large and intriguing mineral projects in the Yukon, to the world's largest gold miner making a US$17 billion bid to buyout an Australian mining company with two producing assets in British Columbia's Golden Triangle, February was a big month for mergers and acquisitions in the North of 60 Mining News coverage area. Three M&A proposals were put forward in February that would create a shift in the North of 60 mining sector...

  • A bird's eye view of drill cores staged on pallets at Banyan's AurMac camp.

    Final 2022 assays for Banyan's AurMac

    A.J. Roan, Mining News|Updated Mar 11, 2023

    Banyan Gold Corp. Feb. 27 announced the analytical results from the final 57 diamond drill holes from the company's 2022 drill program at AurMac, a massive influx that further establishes the viability and prospectivity of this northern Canadian gold project. Located approximately 56 kilometers (35 miles) northeast of the village of Mayo, Banyan Gold's flagship property lies within the similarly named Mayo Mining District. Consisting of the Aurex and McQuesten projects optione...

  • A helicopter flying into ATAC Resources' Rackla Gold property camp.

    Victoria presses ATAC for acquisition

    A.J. Roan, Mining News|Updated Mar 2, 2023

    Over a month ago, ATAC Resources Ltd. received a surprise proposal from Yukon neighbor Victoria Gold Corp. to acquire 100% of its shares. Feeling the offer inadequate, the Yukon and British Columbia-focused mineral exploration company declined. Victoria, which believes its offer to be more than fair, brought the deal public on Feb. 13 and declared a notice of expiry for ATAC to reconsider the offer before the week is out. ATAC is best known for its Rackla Gold property, a...

  • Hecla employees leaving work after a day of mining.

    ATAC acquiesces to Hecla's superior offer

    A.J. Roan, Mining News|Updated Feb 23, 2023

    ATAC Resources Ltd. and Hecla Mining Company Feb. 21 announced the mutual entering of a non-binding letter of intent for Hecla to acquire all issued and outstanding shares of ATAC. Less than a week after facing pressure from Victoria Gold Corp. for its own bid to acquire ATAC, the company has chosen what it views as a more valuable transaction. You can read about Victoria Gold's bid for ATAC at Victoria presses ATAC for acquisition in the February 17, 2023 edition of North of...

  • Workers at a drill pad at Banyan Gold's AurMac property in Yukon, Canada.

    Banyan connects dots to expand AurMac

    A.J. Roan|Updated Feb 10, 2023

    Looking to add to the 4 million ounces of gold it has already outlined at AurMac, Banyan Gold Corp.'s 2022 drill program systematically expanded the footprint of the Powerline and Aurex Hill deposits on this road-accessible project in the Yukon. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac began 2022 with just under 1 million oz of gold in two deposits – P...

  • A helicopter sits on a drill pad on a highly mineralized mountain in the Yukon.

    Gold, silver lure pack to Yukon in 2022

    Rose Ragsdale, For Mining Explorers|Updated Feb 2, 2023

    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.... Full story

  • Molten gold being poured into molds to form solid ingots.

    Raven shares shiny wealth with Victoria

    A.J. Roan, Mining News|Updated Jan 26, 2023

    Victoria Gold Corp. Jan. 24 announced the next batch of assays from the 2022 Raven exploration program at the company's Dublin Gulch property in Yukon, Canada, showcasing the incredible potential of this high-grade gold deposit. Just a week since its last announcement regarding Raven, results are coming in hot from the program that saw more holes drilled into this emerging gold deposit than all previous seasons combined. Which is no surprise as the company announced in...

  • The mountain that makes up Eagle gold mine's open pit.

    Victoria rebounds with Raven exploration

    A.J. Roan, Mining News|Updated Jan 25, 2023

    Victoria Gold Corp. Jan. 19 announced that assay results from its 2022 drill program at Raven show the growth potential of this higher-grade gold deposit on Victoria's Dublin Gulch property in the Yukon. In September, the company announced a maiden inferred resource for Raven of 19.96 million metric tons of pit-constrained inferred resource averaging 1.67 g/t (1.07 million oz) gold. The 2022 Raven drilling campaign, which saw more holes drilled into this emerging gold deposit... Full story

  • A trench dug out along the crest of a hill at Sitka Gold's RC Gold project.

    Sitka Gold hits Blackjack on Yukon belt

    A.J. Roan|Updated Jan 18, 2023

    Sitka Gold Corp. has been advancing its RC Gold project within the geologically fertile and highly prospective Tombstone Gold Belt region of Canada's Yukon. RC is an intrusion-related gold project that stands on the same playing field as other multi-million-ounce deposits within the Tombstone belt – Victoria Gold's Eagle and Olive deposits (a combined 4.7 million ounces), Golden Predators' Brewery Creek deposits (1.5 million oz), and Banyan Gold's AurMac deposits (3.99 million...

  • Worker pouring molten gold and silver or doré from Victoria Gold's Eagle mine.

    A difficult year does not stop Victoria

    A.J. Roan|Updated Jan 18, 2023

    Despite a year riddled with cold weather, equipment malfunction, and even territory fires, Victoria Gold Corp. maintained a steadfast view of the horizon for its Eagle Gold Mine, doing everything it can to hold true to its planned Project 250 strategy, and contributed toward that goal with the company's largest exploration program to date. One of the first announcements Victoria made at the start of 2022 was its new strategy to increase production at Eagle to 250,000 ounces du... Full story

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