The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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City officials hold meeting to discuss potential amendment to City Plan, includes complete prohibition of mineral exploration and mine development within city limits. In the face of the ongoing green energy transition, in which critical metals such as copper have been labeled as the "new oil," members of the public occupied every seat within the Whitehorse City Council chambers on Monday evening as it discussed the possibility of completely banning all mining activities...
Anticipating the economic jackpot expected to occur for the Yukon once Western Copper and Gold Corp.'s world-class Casino project kicks into full swing, the territorial government approved a C$21.4 million (US$15.8 million) investment in the Alaskan city of Skagway for its ongoing port redevelopment project. As part of its larger Skagway Port Master Plan, the small port city located on the northern end of the Alaskan Panhandle that borders the Yukon relies primarily on...
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...
In its few short years as an active explorer in the Yukon, Snowline Gold Corp. has progressed to monumental scales while understanding the importance of consciousness discovery and has thus been awarded the 2023 Robert E. Leckie Award for Excellence in Environmental Stewardship. "I would like to thank the awards committee and to thank and congratulate Snowline's entire team –including our industry and First Nations partners-on this recognition of our ongoing efforts towards en... Full story
After getting a conditional green light in 2022 from regulators to advance the proposed ABM Mine at its Kudz Ze Kayah property in Southeastern Yukon, BMC Minerals Ltd. has completed a favorable economic review of its plan for a hardrock operation and developed new exploration targets on the property. BMC Minerals wants to extract 1.8 million metric tons of zinc, 350,000 metric tons of lead and 600,000 metric tons of copper from the Kudz Ze Kayah deposits located within the...
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...
Amid renewed market interest in gold, White Gold Corp. recently reported increased mineral resource estimates for its flagship White Gold Project and unveiled plans for a 2023 exploration program across its namesake district in the Yukon. The junior explorer, which enjoys the financial backing of major Agnico Eagle Mines Ltd. (19.5%) and Kinross Gold Corp. (15%), has turned its attention in 2023 to further evaluation of targets at its JP Ross and Betty Ford projects and...
Fireweed announces MRE for tungsten that could supply North America for decades. Acquiring the Mactung tungsten project from the Northwest Territories government for C$15 million last year, Fireweed quickly consolidated previous data and new assessments to release a mineral resource estimate that ranks this property as the largest high-grade tungsten resource in the world. "In one year, we have gone from signing an initial letter of intent to a definitive asset purchase...
Yukon takes over, hires JDS Mining to maintain site; mine closure may sink Minto Metals and Pembridge. Inundated by the forces of nature and finance, Minto Metals Corp. is shuttering operations at its Minto copper mine in Canada's Yukon. "Needless to say, ceasing operations at the Minto mine was an extremely difficult and disappointing decision, that was not taken lightly," said Minto Metals President and CEO Chris Stewart. Unable to continue to meet its financial obligations...
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)...
Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project with significant copper-gold-silver peripheral skarn mineralization to CAVU Mining...
Snowline Gold is unveiling an exciting new gold district in Canada’s Yukon. A little over 18 months after its organization, Snowline Gold Corp., a junior mining company with deep prospecting roots in Yukon Territory and savvy investment partners with deep pockets, is emerging as one of northern Canada's most active and enticing gold explorers. In March, the company outlined plans for its 2022 field season, citing exploration of prospective zones in its flagship 7...
Continuing a trend of supporting mineral exploration with its cutting-edge artificial intelligence and machine learning software, Minerva Intelligence Inc. has carried out a case study on the Lone Star gold zone on Klondike Gold Corp.'s Eldorado property in the Dawson Creek Mining District of Yukon, Canada. Evaluated using Minerva's DRIVER software, Klondike Gold says it was extremely impressed with the results. "The close agreement between DRIVER's model extents and...
Whether on purpose or by accident, Fireweed "just can't stop finding zinc." Whether it is expanding zinc-lead-silver resources on its flagship Macmillan Pass project in the Yukon, gaining a better understanding of its newly acquired Mactung tungsten project straddling the Yukon-Northwest Territories, or carrying out reconnaissance exploration of its recently staked Gayna River zinc-lead-gallium-germanium project wholly in NWT, Fireweed Metals Corp. is having a successful...
Gains ownership of historic Keno Hill Silver Mine in Canada's Yukon With the Sept. 7 purchase of Alexco Resource Corp., Hecla Mining Company is poised to become Canada's largest silver producer by unlocking the enormous high-grade potential of its new Keno Hill Silver District project in the Yukon. The 242-square-kilometer (93 square miles) Keno Hill property covers one of the highest-grade silver districts in the world. Between 1913 and 1989, more than 200 million ounces of...
Already the largest silver producer in the United States, Hecla Mining Company is poised to become the largest silver producer in Canada with the purchase of Alexco Resource Corp., owner of the Keno Hill Silver District project, Yukon. Alexco's 242-square-kilometer (93 square miles) Keno Hill property covers one of the highest-grade silver districts in the world. Between 1913 and 1989, more than 200 million ounces of silver from ore averaging 44 oz per ton, making this Yukon...
Dozens of prospectors and junior mining companies are trekking into the bush in Yukon Territory this field season, seeking the next big pot of gold in a fabled land rich with possibilities. Leading the charge is White Gold Corp., which initiated 7,500 meters of drilling, including 5,000 meters of diamond drilling, 1,000 meters of reverse circulation drilling and 1,500 meters of rotary air blast drilling. The 2022 exploration program began with diamond drilling at the Ryan's...
Alexco Resource Corp. has decided to pause operation of its 400-metric-ton-per-day mill in order to catch up with underground mine development at its Keno Hill silver project in the Yukon. According to the most recent calculation, the Keno Hill Silver District hosts 1.44 million metric tons of probable reserves averaging 804 grams per metric ton (37.19 million ounces) silver, 3.84% (122 million pounds) zinc, and 2.64% (84 million lb) lead in four deposits – Bellekeno, Lucky Qu...
Recent analysis by University of British Columbia Professor Greg Dipple indicates that tailings from a mine at the Wellgreen nickel-copper-cobalt-platinum group metals deposit on Nickel Creek Platinum Corp.'s Nickel Shäw project in southeastern Yukon could absorb large quantities of carbon dioxide from the atmosphere. About 15 years ago, Dipple realized that ultramafic rocks such as those that host the nickel-rich mineralization at Wellgreen are among the largest carbon...
After its initial maiden resource estimate in 2020, Banyan Gold has been determined to expand the resource at its AurMac property in the Yukon to more than 3 million ounces of gold, after extensive exploration consisting of large systematic step-out drilling the company has blown well over that mark, achieving nearly 4 million ounces on this northern Canada mine. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Alexco...
On the heels of a productive exploration season in 2021 at the MacMillan Pass Project in Yukon Territory, Fireweed Zinc Ltd. has attracted additional capital from lead shareholders, including Australia-based Ibaera Equity Group and Teck Resources Ltd. The new infusion of capital – C$9.7 million in March and C$5.2 million in December – acknowledges the giant-sized zinc-lead-silver potential of the 940-square-kilometer package of mining claims now emerging in a fertile cor...
The Yukon government and First Nations have given Newmont Corp. the green light to move ahead with development of a mine at its Coffee Gold project. Located in the heart of Yukon's White Gold District, about 80 miles (130 kilometers) south of Dawson City, Coffee is one of the earliest gold discoveries made by renowned prospector Shawn Ryan. Kaminak Gold Corp. advanced Ryan's grassroots discovery to a 2-million-ounce gold deposit that attracted the attention of Goldcorp, which...
VANCOUVER – Pacific Ridge Exploration Ltd. Dec. 29 said it has amended the terms of an agreement that gives BMC Minerals Ltd. an option to purchase Pacific Ridge's Fyre Lake property in Yukon Territory. BMC is a private United Kingdom-based resource company that is developing the Kudz Ze Kayah volcanogenic massive sulfide project in southeast Yukon. The project is designed to operate for at least nine years, producing high-grade zinc, copper, and lead concentrates with signifi...
Victoria Gold Corp. sees outsized benefits from a relatively small investment into Project 250, a strategy to increase production at its Eagle Gold Mine in the Yukon to 250,000 ounces during 2023. "Project 250 represents a significant near-term, low-cost opportunity to increase annual gold production at Eagle," said Victoria Gold President and CEO John McConnell. A scoping study completed by Victoria details plans to incorporate an intermediate scalping screen that will...
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years. Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated...
