The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 454
Goliath Resources Ltd. Aug. 10 reported that its first batch of assay results confirm high-grade intercepts indicated by visible gold encountered in holes drilled at its Golddigger property about 30 kilometers (19 miles) southeast of Stewart in Northern British Columbia. A roughly 20,000-meter drill program that got underway in May has cut visible gold in multiple holes across a 1,600-meter-long area that covers Surebet Zone and Bonanza Shear. Based on current modeling,...
Hole GD-23-157 cuts 9 meters of 45.3 g/t gold and 225.4 g/t silver; prospecting turns up 4 discoveries. Goliath Resources Ltd. Aug. 15 announced that assays have returned 23 meters of high-grade gold in GD-23-157, a hole drilled at the Golddigger property in Northern British Columbia that contained 12 occurrences of visible gold observed over a 20-meter section of drill core. Hole GD-23-157 cut 23 meters averaging 18.95 grams per metric ton gold and 95.3 g/t silver (21.08 g/t...
Goliath Resources Ltd. July 31 announced that it has now cut visible gold in 10 holes drilled so far this year across a 1,500-meter stretch of the company's Golddigger property near Dolly Varden Silver Corp.'s Kitsault Valley gold-silver project in Northern British Columbia. While assays are pending from all the holes drilled by Goliath this year, the VG seen in core coupled with results from 2022 drilling at Golddigger are good indicators for the company and project....
Dolly Varden Silver Corp. Aug. 8 reported that the first batch of assays from its 2023 drill program at Kitsault Valley has further extended silver mineralization on this precious metals-rich project in Northern British Columbia. Located 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 Homestake Ridge gold-silver project the...
Benchmark Metals Inc. June 26 announced that it is mobilizing equipment and crews to carry out a 20,000-meter drill program focused on further evaluating and expanding the "Cliff Creek and Duke's Ridge deep" high-grade gold and silver zones on the company's Lawyers project in Northern British Columbia. "Benchmark will have three drill rigs turning at the Lawyers Project this year and anticipates results from late July to December," said Benchmark Metals CEO John Williamson. A...
Goliath Resources Ltd. June 12 announced that it has cut visible gold in five holes drilled so far this year across a 1,500-meter stretch of the company's Golddigger property about 30 kilometers (19 miles) southeast of the mining town of Stewart in Northern British Columbia. In May, Goliath launched what is now expected to be a 20,000-meter drill program focused on building upon the success of an 86-hole program completed last year. Highlights from the 2022 drilling include:...
Thesis Gold Inc. June 27 announced that it is gearing up for a roughly 30,000-meter drill program at Ranch, a gold exploration property immediately north of Benchmark Metals Inc.'s Lawyers gold-silver project in Northern British Columbia. In early June, Thesis and Benchmark announced plans for a merger that would consolidate Ranch and Lawyers into a single 324-square-kilometer (125 square miles) gold-rich land package in the Toodoggone region of Northern BC. Each company is...
Skeena Resources Ltd. June 20 announced an upgraded and expanded resource estimate for Eskay Creek that will likely convert into new reserves of gold and silver with an updated feasibility study for this Northern British Columbia mine project slated for completion before the end of this year. According to the new calculation, Eskay Creek hosts 50.1 million metric tons of open-pit-mineable measured and indicated resources averaging 2.57 grams per metric ton (4.14 million...
Seabridge Gold Inc. May 30 announced the start of a more than 12,000-meter drill program to test high-level porphyry copper-gold targets on the company's Iskut property in Northern British Columbia's Golden Triangle. "We are excited to get our program started early in the field season after last year's success at Iskut," said Seabridge Gold Chairman and CEO Rudi Fronk. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to...
Skeena Resources Ltd. May 24 announced that is has raised C$73.5 million (US$53.9 million) to carry out early development activities at its Eskay Creek gold-silver mine project in Northern British Columbia. A feasibility study completed last September details plans for an open pit mine at Eskay Creek that would produce 2.42 million ounces of gold and 66.7 million oz of silver from 29.9 million metric tons of proven and probable reserves averaging 2.99 grams per metric ton gold...
Goliath Resources Ltd. May 19 announced that it has mobilized equipment and crew to Golddigger for an 18,000-meter drill program at this gold-silver project in Northern British Columbia. "After many months of extensive and detailed planning in the off season, we are very pleased to have mobilized for another aggressive drill campaign this year at our high-grade gold-silver Golddigger property," said Goliath Resources CEO Roger Rosmus. Located just southwest of Dolly Varden...
Cash from royalty sold to Sprott will help elevate BC copper-gold-silver mine project to "substantially started" status. Seabridge Gold Inc. May 11 announced that it has raised US$150 million (C$201 million) to carry out the work required to elevate KSM to the "substantially started" status, which will ensure the longevity of the environmental assessment certificate for this copper-gold-silver mine project in British Columbia's Golden Triangle. Once a certain threshold has...
Brixton Metals Corp. May 17 announced the start of an up to 20,000-meter drill program on the company's Thorn copper-gold project in the northern reaches of British Columbia's Golden Triangle. The 2,863-square-kilometer (1,105 square miles) Thorn project, which hosts both porphyry copper-gold-silver-molybdenum targets and high-grade epithermal gold targets, has attracted the interest of one of the world's largest mining companies. Late last year, BHP Group Ltd. invested...
Core Assets Corp. May 1 announced the discovery of a high-grade silver-zinc-lead-copper target in the Silver Lime project area of the company's Blue property in Northern British Columbia. Situated along the Alaska border in BC's Atlin Mining District, Blue is a 275,890-acre (111,650 hectares) land package covering high-grade skarn and carbonate replacement and porphyry prospects enriched with copper, gold, silver, zinc, and lead. The two most advanced project areas on the...
Ascot Resources Ltd. May 11 announced plans for up to 14,000 meters of resource expansion and upgrade drilling during the 2023 season at its Premier gold mine project in Northern British Columbia. Situated near the mining town of Stewart at the southern tip of BC's Golden Triangle, Premier is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020 envisions four underground mines – Big Missouri, Silver Coin, Premier, and Red M...
Newcrest Mining Ltd. May 11 announced that it has granted Newmont Corp. one more week to complete due diligence ahead of finalizing a merger between the two large mining companies. In February, it was revealed that Newmont had made an all-shares merger offer of 0.363 Newmont shares for each Newcrest share held and then a second for 0.38 Newmont shares per Newcrest share. Newcrest, however, balked from the first two offers because the board of directors did not believe either...
Cassiar Gold Corp. April 20 reported assay results from 13 holes drilled at Cassiar South, a historically mined high-grade gold area on the company's namesake project in British Columbia. Situated about 55 miles (90 kilometers) southwest of Watson Lake, Yukon, the 145,800-acre (59,000 hectares) Cassiar gold property is divided into two areas – Cassiar North, which hosts the bulk tonnage Taurus gold deposit, and Cassiar South, which hosts multiple high-grade gold targets. While...
Core Assets Corp. April 18 reported that its 2022 sampling has extended mineralization at the Falcon target, a vein-hosted gold-silver occurrence associated with the Silver Lime project on the company's Blue property in Northern British Columbia. "In addition to the high-grade carbonate replacement occurrences discovered and sampled at the Silver Lime CRD-Porphyry Project, many historical and new high-grade vein-hosted occurrences were located and extended in 2022," said Core...
Core Assets Corp. April 11 reported strong copper and associated silver was encountered during 2022 channel sampling at the Kim skarn target on the company's 113,900-hectare (281,500 acres) Blue property in Northern British Columbia. Located along BC's border with Alaska in the Atlin Mining District, the district-scale Blue land package hosts high-grade skarn, carbonate replacement, and porphyry prospects enriched with copper, gold, zinc, silver, and lead. Since assembling the...
The Taku River Tlingit First Nation and Canagold Resources Ltd. March 29 announced that they have entered into a historic agreement that establishes a framework for a long-term cooperative and mutually respectful working relationship between the parties in support of Canagold's efforts to advance exploration and permitting activities at the New Polaris gold project on the Tulsequah River in Northern British Columbia. "Taku River Tlingit First Nation (TRTFN) is leading the way...
Blackwolf Copper and Gold Ltd. March 21 announced it has updated its earlier agreement with Dolly Varden Silver Corp. and New Moly LLC to study the viability of building a mill complex on New Moly's Kitsault project in Northern British Columbia with the addition of two new companies interested in partaking in the study – Goliath Resources Ltd. and Coast Copper Corp. At the beginning of February, Blackwolf, Dolly Varden and New Moly reported strong interest in consolidating o...
Copper Fox Metals Inc. March 2 outlined a C$17.2 million (US$12.5 million) program for its Schaft Creek copper-gold-molybdenum-silver project in Northern British Columbia that will include 9,000 meters of geotechnical and metallurgical drilling, along with environmental baseline studies and engagement with the Tahltan First Nation. "The emphasis in 2023 will be to advance the Schaft Creek project by augmenting the metallurgical, geotechnical, and environmental data while align...
Jaxon Mining Inc. March 15 announced plans to explore the high-grade antimony potential of its Kispiox Mountain and Blunt Mountain projects in Northern British Columbia. Two claim groups that are part of Jaxon's larger Hazelton land package about 30 miles (45 kilometers) north of Smithers, BC, Kispiox Mountain and Blunt Mountain, are early-stage exploration projects that both host outcropping zones of high-grade antimony mineralization with associated silver, gold, zinc, and...
Newcrest Mining Ltd. and Imperial Metals Corp. March 13 announced that the East Ridge exploration target at the Red Chris copper-gold mine in Northern British Columbia is shaping up to be substantially larger than originally envisioned. Based on drilling completed up to mid-2022, Newcrest estimated that East Ridge could host up to 170 million metric tons of resource averaging 0.5% (2 billion pounds) copper and 0.5 grams per metric ton (2.8 million ounces) gold on the low end,...
Benchmark Metals Inc. March 7 announced plans for a 20,000-meter drill program targeting high-grade gold-silver mineralization extending below the Cliff Creek and Dukes Ridge gold-silver deposits on the company's Lawyers project in Northern British Columbia. "The deposits remain open for additional resource growth with high-grade gold and silver mineralization below the existing deposits," said Benchmark Metals CEO John Williamson. A preliminary economic assessment completed...
