The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 2056
Victoria Gold Corp. Jan. 15 reported that despite the various ups and downs of 2023, it produced a total of 166,730 ounces of gold for the year, an 11% increase from 2022 and testimony to the feasibility of year-round ore stacking. The company's decision to stack ore on the heap leach pad during the first three months of 2023, a departure from previous years at Eagle, resulted in 37,619 oz gold produced during the first quarter-a 55% increase over 24,358 oz produced during...
Nighthawk Gold Corp. Jan. 29 announced that its merger with Moneta Gold Inc. is on track for completion on Feb. 6. First announced in late November, the merger would result in a stronger gold exploration company with two Canadian projects in the near development stage, Nighthawk's Colomac gold project on the Indin Lake property in Northwest Territories and Moneta's Tower gold project in Ontario. A preliminary economic assessment prepared for Nighthawk last April outlines plans...
Li-FT Power Ltd. Jan. 29 announced the start of its 2024 winter drilling program, aiming for 18,600 meters in 100 holes to expand six pegmatites on the company's Yellowknife Lithium project in Northwest Territories, Canada. "We are excited to have the drills turning again for the winter program at our Yellowknife Lithium Project," said Li-FT Power CEO Francis MacDonald. "This winter's program will focus on resource expansion, stepping outwards from spodumene mineralization...
Mountain Province Diamonds Inc. Jan. 23 reported its production and sales results for the fourth quarter and full year 2023 from its Gahcho Kué diamond mine in Northwest Territories, Canada, underscoring the slow recovery of the diamond sector in the aftermath of the COVID-19 pandemic. Located about 280 kilometers (175 miles) northeast of Northwest Territories' capital city, Yellowknife, Gahcho Kué is a diamond mine owned and operated by a joint venture between De Beers C...
Dolly Varden Silver Corp. Jan. 16 reported that its 2023 drilling has significantly expanded the high-grade mineralization at the Homestake Silver deposit toward the north end of the company's Kitsault Valley project at the southern tip of British Columbia's Golden Triangle. Lying about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent...
Banyan Gold Corp. Jan. 15 reported the remaining assays from a robust 2023 drill program that significantly expanded the gold mineralized footprint on the company's AurMac project in Yukon. Roughly 80% of the 24,700 meters of drilling carried out at AurMac last year was focused on the Powerline and Aurex Hill deposits, with the balance on new targets. "With three drill seasons since our initial resource in 2020, Banyan has taken the resource at AurMac to 6.2 million ounces...
Snowline Gold Corp. Jan 15 announced the results from three of its latest assays for the 2023 exploration program at Valley, which the company was eager to report as it added more several-hundred-meter intercepts, with one containing one of the highest-graded sustained intervals seen to date. "Today's results highlight the strength and scale of mineralization near the open, eastern edge of the well-mineralized, near surface corridor at our Valley target," said Snowline Gold...
Klondike Gold Corp. Jan. 15 announced results from the 2023 drilling at Stander on the company's Klondike Gold District property, noting that high-grade gold has been discovered there, which extends mineralization to the east. "The discovery of gold associated with historically unrecognized shear veins, distinguishable from sheeted extension veins, validates our view of the potential for the Klondike to host multiple and substantial gold deposits," said Klondike Gold...
Osisko Metals Inc. Jan. 16 announced the remaining results from its 2023 drill program at its Pine Point zinc-lead project under its Pine Point Limited joint venture in Northwest Territories-results the company expects to incorporate into a new mineral resource estimate sometime in the first quarter. Early last year, London-based Appian Capital Advisory LLP agreed to invest as much as C$100 million (US$74 million) to earn up to a 60% JV interest in the newly formed Pine Point...
Goliath Resources Ltd. reports that in addition to the successful drilling of three high-grade gold zones along the Surebet corridor at Golddigger, its 2023 exploration program discovered two high-grade drill targets that demonstrate the exceptional potential of this 52,756-hectare (130,363 acres) property about 30 kilometers (19 miles) southeast of Stewart, British Columbia. Over the past three years, Goliath has outlined three high-grade gold zones – Surebet, Bonanza Shear,...
Fireweed Metals Corp. Jan. 22 announced the final results from a pivotal 2023 drilling campaign that successfully defined a high-grade feeder zone that joins the Boundary Main and Boundary West targets into the singular Boundary Zone on the company's Macmillan Pass zinc-lead-silver project in Yukon, Canada. Accumulating more data for an inevitable updated resource estimate, the 2023 program utilized five rigs to complete more than 22,500 meters of diamond drilling at the...
Li-FT Power Ltd. Jan. 23 announced the next set of assays from drilling at the company's Yellowknife Lithium project in Northwest Territories, Canada, which includes another batch from the Nite deposit, along with Fi Main, BIG West, and Ki targets. Last week, the company released results that came from the Fi Main, BIG West, and Nite complexes, however, intercepts from Fi Main shifted the direction of what Li-FT will most likely be targeting in its upcoming season. "The...
Metallic Minerals Corp. Jan. 10 announced the results from its 2023 exploration campaign at the company's Keno Silver project in Yukon, Canada, with all its holes encountering high-grade silver, lead, zinc, and significant gold mineralization. Consisting of 171 square kilometers (66 square miles) within the historic Keno Hill Silver District, Metallic Minerals holds 100% of this promising target that lies adjacent to Hecla Mining Company's Keno Hill silver mine. Covering the...
Fireweed Metals Corp. Dec. 28 gave a year-end review of its accomplishments from 2023 and ushered in the new year with expectations to continue advancing its flagship Macmillan Pass zinc-lead-silver-copper project in southeast Yukon, the adjacent world-class Mactung tungsten project spanning the Northwest Territories-Yukon border, and its Gayna River zinc-lead-silver project about 180 kilometers (112 miles) north of MacPass in NWT, Canada. "2023 has been another extraordinary...
Cascadia Minerals Ltd. Jan. 4 announced an update on the company's Catch property in Canada's Yukon as well as the final diamond drilling results from its 2023 exploration program, culminating in a brief end-of-year review and its plans moving forward into 2024. Last year, Cascadia Minerals (formerly ATAC Resources Ltd.) cut a deal with Hecla Mining Company to sell several of its core properties in an effort to branch into the energy metal sector. With Hecla taking over the...
Vital Metal Ltd. Jan. 24 provided an update on its exploration and development strategy for the Nechalacho rare earths project in Northwest Territories. The Australia-based company began mining rare earths from a small, high-grade deposit at Nechalacho in 2021. However, technical and financial difficulties led Vital to rethink its previous strategy to establish a relatively small mine at Nechalacho and rare earths processing plant in Saskatchewan. Upon completion of a...
One hole returns 4.9m of 3,053 g/t silver-equivalent; Exploration VP says most potent part of deposit is yet to be drilled. Coeur Mining Inc. Jan. 22 reported that the high-grade silver, zinc, and lead encountered during the 2023 drill program at Silvertip further demonstrates the potential for this Northern British Columbia mine project to be a cornerstone asset for the company moving forward. Since acquiring Silvertip in 2017, Coeur has invested roughly US$60 million into...
Core Assets Corp. Jan. 24 reported that the 2023 shallow drilling completed at the Jackie carbonate replacement deposit (CRD) target cut multiple zones of semi-massive to massive sulfide mineralization, as well as further evidence of a potentially much larger porphyry body underlying the zinc-lead-silver-copper mineralization found at surface at the Silver Lime project on the company's Blue property in Northern British Columbia. Lying alongside the Alaska border in BC's Atlin...
Snowline Gold Corp. Jan. 3 announced the next set of assays from its 2023 exploration program at Valley target on the company's Rogue project in Yukon, Canada, keeping consistent with the incredible hundreds-of-meters-long intervals that have made this prospect one to keep an eye on. Following the release of a year-end review for 2023, the first report for 2024 is the expected results from the remaining holes drilled in last year's 22,000-meter drill program. "The latest...
Fireweed Metals Corp. Jan. 9 announced its newest best intercept to date from drilling at Boundary on the company's Macmillan Pass zinc-lead-silver project in Yukon, Canada. "I am excited to start the year able to say that we have intersected our best-ever Boundary zone drill intersection," said Fireweed Metals CEO Brandon Macdonald. Out of the 52 holes drilled at Macmillan Pass last year, 40 were completed at Boundary, including 36 step-outs that tested vein mineralization,...
Thesis Gold Inc. Jan. 11 reported that its 2023 deep drilling targeting an underground mineable extension of the Cliff Creek deposit at its Lawyers exceeded expectations, adding further credence to the company's plan for both underground and open-pit mining at this gold-silver property in Northern British Columbia's Toodoggone Mining District. Following the August merger with Benchmark Metals Inc., Thesis consolidated Lawyers with its adjacent Ranch property into a single...
Li-FT Power Ltd. Jan. 9 announced the results from the first holes from the Nite pegmatite, the furthest western target from its Road Access Group of properties that include its Fi, BIG, KI, and Shorty prospects on the company's Yellowknife Lithium project in Northwest Territories, Canada. Going into 2024, Li-FT continues its regularly scheduled programming, reporting assays as they roll in from its 34,238-meter drill program that resulted in 198 holes. The latest comes from...
Snowline Gold Corp. Dec. 29 provided an end-of-the-year summary of its 2023 season, highlighting key activities and achievements that truly elevate the status of this junior and impress the significant prospect the company has outlined in the rich and underexplored region of the Selwyn Basin in Yukon, Canada. With an extensive portfolio that includes roughly 280,000 hectares (602,000 acres) of gold exploration properties within the Selwyn Basin near Yukon's eastern border...
Ascot Resources Ltd. Jan. 3 reported that the 72 infill and exploration holes drilled from surface last year at Big Missouri confirmed and expanded the underground stopes at this first deposit to be mined at the company's Premier gold project in British Columbia's Golden Triangle. Lying about nine miles (15 kilometers) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020...
Seabridge Gold Inc. Dec. 20 reported that its 2023 Iskut drill program has expanded the known Bronson Slope copper-gold deposit on its Iskut project in Northern British Columbia and confirmed an extensive area of magmatic-hydrothermal alteration sourced from an apparently very large porphyry mineral system at depth. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to the 1980s-era Johnny Mountain gold-silver-copper mine....
