The mining newspaper for Alaska and Canada's North
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With the roughly $19 billion buyout of Newcrest Mining Ltd., Newmont Corp. has added two operating mines to its already impressive portfolio of gold and copper assets in the Golden Triangle region of Northern British Columbia. "By combining the two existing Newcrest operations, Brucejack and Red Chris, with Newmont's Saddle North and Galore Creek projects, a Tier 1 district in the highly prospective Golden Triangle region of British Columbia will be created – a district in w...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens... Full story
With all the pieces in place, Ascot Resources Ltd. made the final push toward its transformation from mineral exploration and development company to a Premier gold producer in Northern British Columbia. Lying about 15 kilometers (nine miles) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the 1990s. With much of the major infrastructure from this historical operation in place – mill, crushing and grinding circuits,...
The August merger of Benchmark Metals Inc. and Thesis Gold Inc. consolidates two very promising gold-silver properties in Northern British Columbia's Toodoggone Mining District into a single 325-square-kilometer (125 square miles) land package with near term mining and longer term exploration potential that will likely attract the attention of majors. "This merger has given rise to an expansive district-scale development and exploration endeavors, characterized by remarkable...
With the high-grade Snip gold project fully pulled back into its portfolio, Skeena Resources Ltd. is now considering a mine at Eskay Creek that would process ore from both of the company's historic high-grade gold projects in British Columbia's Golden Triangle. Skeena acquired both Snip and Eskay Creek from Barrick Gold Corp. under an option agreement entered into in 2016 and 2017, respectively. Over the ensuing six years, Skeena has focused most of its resources on...
The thick zones of copper-gold-silver-molybednum mineralization tapped with drilling at the Camp zone on Brixton Metals Corp.'s Thorn project in Northern British Columbia has attracted the attention of BHP Group, which invested C$13.6 million (US$10 million) to acquire a 19.9% interest in the exploration company at the end of 2022. "We are excited to welcome BHP as a major shareholder of the company and are looking forward to working with BHP in advancing the exciting Thorn...
In its second season since consolidating the Dolly Varden and Homestake Ridge projects to form the Kitsault Valley property, Dolly Varden Silver Corp. has focused its exploration on expanding the already established silver and gold deposits, as well as exploring the wider potential of this 63-square-mile (163 square kilometers) property about 40 kilometers (25 miles) southeast of Stewart, British Columbia. Four deposits associated with past producing mines on the Dolly Varden...
Carrying forward a two-decade legacy of building gold resources faster than issuing shares, Seabridge Gold Inc. focused its 2023 exploration primarily on the Iskut gold-copper property in Northern British Columbia and high-grade 3 Aces project in the Yukon. Going into 2023, Seabridge had 170.8 million ounces of gold in resources and reserves, a 997% growth since 2003. Over that same span its outstanding shares have only increased by 195%. Along with this gold, Seabridge has...
The more than 34,000 meters of drilling Goliath Resources Ltd. carried out at Golddigger during 2023 cut three stacked horizons of high-grade gold mineralization that has shown the Surebet Zone on this Northern British Columbia property lives up to its name. Lying about 30 kilometers (19 miles) south of Stewart, BC, the 52,756-hectare (130,363 acres) Golddigger property covers a 56-kilometer (35 miles) stretch of the famed Red Line, a geological contact zone that runs... Full story