The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
With its sights set on revitalizing the historic Eskay Creek and Snip gold mines, Skeena Resources Ltd. is expanding resources and building strong partnerships at these exceptional precious metal projects in British Columbia's Golden Triangle. As a testament to the enormous potential of Eskay Creek and Snip, as well as Skeena's responsible approach to bringing them back into production, Tahltan Central Government invested C$5 million to acquire 1.6 million shares of this...
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining Managing Director Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production,...
After adding 25.9 million ounces of gold to its already world-class KSM project in British Columbia's Golden Triangle at the close of 2020, Seabridge Gold Inc. focused most of its 2021 exploration on bringing this new resource into the mine plan and discovering another KSM-like deposit on the nearby Iskut property. The massive expansion of resources is the result of an agreement to acquire the Snowfield property on the east border of the KSM property from Pretium Resources...
Continuing a massive drill campaign launched in 2020, Benchmark Metals Inc. completed 83,570 meters of drilling at Lawyers during 2021. This includes resource upgrade and expansion drilling at and around the three gold-silver deposits defined so far, plus exploration drilling at several discovery targets across the 56-square-mile (144 square kilometers) property in Northern British Columbia. This expansive program has garnered the support of Eric Sprott, which has invested...
Covering a trend of volcanogenic massive sulfide gold mineralization between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project to the west, Eskay Mining Corp.'s namesake project lies at the heart of some of the richest real estate in British Columbia's Golden Triangle. And a roughly 23,500-meter drill program carried out by Eskay during 2021 indicates that this 52,000-hectare (128,500 acres) property is as well mineralized a...
Pretium Resources Inc.'s 2021 resource expansion and exploration drill program at Brucejack cut spectacular gold and silver grades, even for this Northern British Columbia project world-renowned for its bonanza-grade gold. So spectacular, in fact, that Newcrest Mining Ltd. paid roughly US$2.8 billion to acquire Pretium and its high-grade gold mine in BC's Golden Triangle. Going into 2021, the Valley of the Kings deposit at Brucejack hosted 11.5 million metric tons of proven...
As it closes in on reestablishing the Premier Mine, Ascot Resources Ltd. is expanding and upgrading resources that would feed ore into the updated mill at this gold-silver operation on the outskirts of Stewart, British Columbia. Home to a past-producing mine that last operated in the 1990s, Premier has all the major infrastructure – mill, crushing and grinding circuits, tailings storage area, and hydroelectric grid power access – in place to resume operations. A fea...
Building on the success of its 2020 program, Dolly Varden Silver Corp. carried out a 10,506-meter drill program that focused largely on Torbrit, the largest and most advanced deposit on the company's namesake property south of Stewart, British Columbia. The biggest news of the year, however, was the December announcement that Dolly Varden agreed to acquire Fury Gold Mines Ltd.'s Homestake Ridge gold-silver project for roughly C$50 million. Lying along the northwest side of...
With the completion of the buyout of GT Gold Corp., Newmont Corp. has bolstered its portfolio of copper and gold projects in Northern British Columbia and the Yukon. "With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio," said Newmont President and CEO Tom Palmer. Newmont first grabbed a solid foothold in the Golden Triangle with the...
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,...
