The mining newspaper for Alaska and Canada's North
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Raging wildfires and record hot temperatures challenged the well-laid plans of a score and more of mineral explorers in Canada's Yukon this year as the 2023 field season shifted into high summer. Most of the companies, however, managed to carry out their exploration for gold, silver, copper, and other minerals across the territory. The fierce and sometimes out-of-control blazes marked one of the worst wildfire seasons seen in Canada in nearly 30 years, consuming more than...
White Gold Corp. kicked off 2023 with an updated mineral resource estimate for its namesake project in the Yukon and with an exploration program aimed to continue outlining exactly what its massive land holdings in Yukon's White Gold District contain. Located roughly 95 kilometers (59 miles) south of Dawson City, White Gold's namesake property is part of a roughly 350,000-hectare (864,869 acres) land package that covers approximately 40% of the White Gold District, which also...
With its Casino project hosting billions of pounds of copper needed by a global economy transitioning to clean energy, Western Copper and Gold Corp. attracted a C$21.3 million (US$15.6 million) investment from Mitsubishi Materials Corp. to help advance the large porphyry project about 300 kilometers (186 miles) northwest of Whitehorse, Yukon. Historically, two prefeasibility studies and a feasibility study on developing a mine at Casino have been completed. Western Copper and...
With its 2022 drilling firmly establishing the Waterpump target at Illinois Creek as a significant carbonate replacement deposit carrying high-grade silver and zinc, Western Alaska Minerals Corp. focused its 2023 program on establishing an inaugural resource and demonstrating the deposit's expansion potential. Discovered by Anaconda in 1982 and further explored by Novagold Resources Inc. in the early 2000s, Waterpump Creek hosts 166,000 tons of historical resource averaging...
Beginning the year with a nearly 55% increase in gold production at its Eagle Gold mine, Victoria Gold Corp. could never have predicted nearly half a month of downtime due to ongoing wildfires that approached as close as four kilometers (2.5 miles) to its facilities. Despite this close call, gold production remained higher than in 2022 by third-quarter calculations, and exploration of its growing Raven deposit has the company prepped and ready for an updated resource...
With the successful completion of a US$20 million initial public offering in April 2023, U.S. GoldMining Inc. immediately set out to explore Whistler, an advanced staged copper-gold-silver project in Alaska. Lying adjacent to Nova Minerals Ltd.'s Estelle gold project about 100 miles northwest of Anchorage, the 42,000-acre Whistler property hosts 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3...
With its sights set on establishing a large volcanogenic massive sulfide deposit with the potential to outshine its contemporaries in Alaska's Ambler Mining District, Valhalla Metals Inc. launched its inaugural drill program at the Sun copper-zinc-silver-gold project in 2023. After working behind the scenes to secure Sun and Smucker – VMS projects at opposite ends of the highly mineralized Ambler District in Northwest Alaska – Valhalla raised C$10.2 million (US$7.5 mil...