The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 286
Is it time for BC, Yukon, Alaska to forge an alliance to unlock critical mineral wealth, usher in new era of prosperity in the 21st century? The extremely mineral-rich geology that sweeps in a roughly 1,500-mile (2,600 kilometers) arc from the southern tip of British Columbia's Golden Triangle, through the Yukon, and onward to Alaska's west coast does not recognize the borders it spans. Likewise, the opportunities and challenges related to unlocking the precious, industrial, a... Full story
Sitka Gold Corp. Dec. 19 announced that it has acquired full ownership of Clear Creek, a property that hosts the company's Blackjack and Eiger gold deposits, followed by a year-end summary of its 2023 exploration program for its overall RC Gold project in Yukon, Canada. "Completing our requirements to obtain 100% ownership of the Clear Creek property, which hosts the Blackjack and Eiger deposits, is an important milestone in Sitka's advancement of the RC Gold project," said...
Banyan Gold Corp. Dec. 13 announced a significant milestone in its exploration journey on the company's Yukon-based holdings, with the successful acquisition of 75% earn-in of the McQuesten half of its AurMac property. 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, cover three gold deposits – with McQuesten holding the A...
After establishing its position as a leading zinc-lead-silver explorer in northern Canada, Fireweed Metals Corp. set out in late 2022 to broaden its focus in both geography and commodities. Partly defying the age-old adage to stick to what you know, the longtime explorer of the district-scale Macmillan Pass zinc-lead-silver project ventured across the border into Northwest Territories to acquire two projects. While the Gayna River zinc-lead-silver-gallium-germanium project is...
Sitka Gold Corp. Oct. 30 announced the next batch of assays from its ongoing drill program at the company's RC Gold project in Canada's Yukon, which the company says has significantly expanded known mineralization with a possibility to add considerable ounces at its Blackjack deposit. Located within the central region of Canada's Yukon Territory, in the prolific Tombstone Gold Belt, the RC Gold project is roughly midway between Victoria Gold Corp.'s Eagle Gold mine and...
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...
Victoria Gold Corp. Oct. 25 reported that drills tapped grades as high as 5.83 grams per metric ton gold over 31.4 meters at its more than one-million-ounce Raven deposit on the Dublin Gulch property in Yukon, Canada. "The 2023 Raven exploration season is now completed and, as these latest results demonstrate, has continued to identify high-grade gold mineralization both internally and externally to the current Raven deposit bounds," said Victoria Gold President and CEO John...
Victoria Gold Corp. Oct. 4 reported that its Eagle Mine in the Yukon produced 124,749 ounces of gold during the first nine months of this year, including 41,561 oz during the third quarter. The gold recovered at Eagle during the first three quarters of 2023 is 17% higher than the 106,441 oz produced during the same period of 2022. This year's third-quarter gold production at Eagle, however, is down 17% from the 50,028 oz recovered during the same three-month period last year....
In a sudden and surprising announcement, Victoria Gold Corp. Sept. 14 announced the acquisition of Sabre Gold Mines Corp.'s Yukon assets, which include the past producing Brewery Creek gold mine property held by subsidiary Golden Predator Mining Corp., as well as the Golden Dome and Grew Creek exploration properties. "With the acquisition of Sabre's Yukon assets, we are pleased to be expanding our footprint and asset base in our own backyard," said McConnell. "With our track...
Victoria Gold Corp. Sept. 14 announced the first analytical results from the 2023 exploration campaign at Raven, a deposit within its already gold-producing Dublin Gulch project in central Yukon. Discovered with soil sampling and trenching in 2018, Raven is a large, near-surface gold target associated with Nugget, the second-largest known intrusive body on Victoria Gold's Dublin Gulch property. Located roughly 15 kilometers (nine miles) east of the Eagle Gold Mine, trenching...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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)...
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...
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...
