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 134
Sabina Gold & Silver Corp. March 15 reported the start of a surface drill program focused on testing the interface of the planned open pit and down-plunge extension of the Umwelt deposit at the Goose property on the company's Back River gold mine project in Nunavut, Canada. Umwelt is one of five primary deposits at Goose that host 33.45 million metric tons of measured and indicated resources averaging 5.88 grams per metric ton (6.32 million ounces) gold and 13.79 million...
North Arrow Minerals Inc. Feb 22 released a processing update from the bulk sampling program at its shared Naujaat diamond project and kimberlite indicator mineral results from samples collected in 2021 from its Pikoo and Loki diamond projects. As its partner Burgundy Diamond Mines Ltd. advances bulk sampling at the Naujaat project in Nunavut, Canada, North Arrow revisited its 100%-owned Loki diamond project in the Lac de Gras region of Northwest Territories. For Naujaat, proc...
Blue Star Gold Corp. Feb. 15 announced the final results from the 2021 exploration program at its Ulu project located in the High Lake Greenstone belt in Nunavut, Canada. According to a 2015 calculation, the Flood and Gnu zones on the Ulu property host 2.5 million metric tons of measured and indicated resources averaging 7.53 grams per metric ton (605,000 ounces) gold; and 1.26 million metric tons of inferred resource grading 5.57 g/t (226,000 oz) gold. The larger Hood River p...
Sabina Gold & Silver Corp. Feb. 8 announced it has finalized a US$520 million financing package to fund construction and development of the Goose Mine on the company's Back River gold project in Nunavut, Canada. "This is a major milestone for Sabina," said Sabina Gold President and CEO Bruce McLeod. A feasibility study that was updated in 2021 contemplates mining 18.7 million metric tons of ore from the Goose Mine averaging 6 g/t gold. At a recovery rate of 93.4%, this...
Fury Gold Mines Ltd. Feb. 16 reported results from four holes drilled at Raven, an exploration target about 30 miles (50 kilometers) west of the Three Bluffs gold deposit on the company's Committee Bay project in Nunavut. The 270,000-hectare (667,000 acres) Committee Bay property covers a gold enriched greenstone belt that extends for roughly 300 kilometers (180 miles) across Nunavut's Kitikmeot region. Three Bluffs, the most advanced target at Committee Bay, lies at the...
Fury Gold Mines Ltd. Dec. 1 reported that 2021 drilling has tapped a wide section of high-grade gold about 120 meters below the Three Bluffs deposit on its Committee Bay property in Nunavut's Kitikmeot region. According to the most recent calculation, Three Bluffs hosts 2.1 million metric tons of indicated resource averaging 7.85 grams per metric ton (524,000 ounces) gold; and 2.9 million metric tons of inferred resource averaging 7.64 g/t (720,000 oz) gold. Targeting a...
Aston Bay Holdings Ltd. Dec. 13 announced that the preliminary results of recent ground electromagnetic geophysical surveys identified numerous conductive anomalies across its high-grade Storm Copper project on Somerset Island, Nunavut. "The initial results of the 2021 geophysical surveys demonstrate the efficacy of ground EM as an exploration tool at Storm, and further reinforce our belief that undiscovered, blind zones of high-grade copper mineralization exist in...
Sabina Gold & Silver Corp. Nov. 2 reported that underground development at the Umwelt gold deposit will allow for the first-ever year-round operations at its Back River gold project in Nunavut, Canada. According to a calculation completed earlier this year, Back River hosts 33.45 million metric tons of measured and indicated resources averaging 5.88 grams per metric ton (6.32 million oz) gold; and 13.79 million metric tons of inferred resource averaging 6.44 g/t (2.86 million...
Blue Star Gold Corp. Sept. 22 reported the results from two holes that expand the high-grade core of the Flood zone on the company's Ulu property in the High Lake Greenstone Belt, Nunavut. The Ulu property has historically been the target of significant exploration and development by BHP Minerals, Echo Bay Mines, and others. The past work includes roughly 97,820 meters of drilling and 1,700 meters of underground development. According to a 2015 calculation, the Flood and Gnu... Full story
Blue Star Gold Corp. Sept. 1 announced that drilling has tapped strong gold mineralization at the Gnu target on its Ulu project in Nunavut. The Ulu property hosts an advanced gold project that has historically been the target of significant exploration and development by BHP Minerals, Echo Bay Mines, and others. The past work includes roughly 97,820 meters of drilling and 1,700 meters of underground development. According to a 2015 calculation, the Flood and Gnu zones on the U...
Sabina Gold & Silver Corp. Aug. 24 announced that it is making significant progress on large predevelopment projects and the delivery of equipment and supplies that further the proposed Goose Mine on the company's Back River gold project in Nunavut, Canada. "Tremendous work has been completed during the first nine months of 2021 as we propel the project towards a production decision," said Sabina Gold & Silver President and CEO Bruce McLeod. "We have been advancing the undergr...
Sabina Gold & Silver Corp. Aug. 10 reported that its spring drill program at its Back River gold project in Nunavut has encountered strong mineralization at Hook, a zone that appears to link the surfacing Goose and much deeper Nuvuyak gold deposits. Back River hosts 33.45 million metric tons of measured and indicated resources averaging 5.88 grams per metric ton (6.32 million oz) gold, and 13.79 million metric tons of inferred resource averaging 6.44 g/t (2.86 million oz)...
North Arrow Minerals Inc. June 21 announce the start of a C$5.6 million bulk sampling program at its Naujaat diamond project about nine kilometers (5.6 miles) from the hamlet of Naujaat on the shore of Hudson Bay in Nunavut. This large sampling program is funded by Burgundy Diamond Mines, an Australia-based company formerly known as EHR Resources Ltd. that entered into a deal with North Arrow to earn a 40% interest in the Naujaat project by investing C$5.6 million to collect...
Fury Gold Mines Ltd. July 14 announced the start of a roughly 5,000-meter drill program that will follow up on high-grade gold at the Raven prospect and test the resource expansion potential below the Three Bluffs deposit at its Committee Bay project in Nunavut. The 270,000-hectare (667,000 acres) Committee Bay property covers a gold enriched greenstone belt that extends for roughly 300 kilometers (180 miles) across Nunavut's Kitikmeot region. "Committee Bay represents a...
Sabina Gold & Silver Corp. April 20 reported that the 2021 predevelopment and exploration programs are now underway at its Back River gold project in Nunavut. "We have a busy year planned at Back River for 2021," said Sabina Gold President and CEO Bruce Mcleod. "Camp is now up and running and we are looking forward to another successful year, accomplishing the necessary activities to continue to advance the project towards a production decision." The 2021 predevelopment work...
Sabina Gold & Silver Corp. March 16 announced that it has raised C$35.1 million to fund the advancement of its Back River gold project in Nunavut and expects to add another C$4.1 million to its coffers by the end of the month. A 2015 feasibility study detailed plans for mining four deposits at Back River – Goose, Llama, Umwelt, and Umwelt Underground – to feed a 3,000-metric-ton-per-day mill forecast to produce an average of roughly 200,000 oz of gold per year over an 11....
Fury Gold Mines Ltd. Feb. 17 announced plans to complete 5,000 to 10,000 meters of resource expansion and exploration drilling this year at Committee Bay, a 270,000-hectare (667,000 acres) property that covers a gold enriched greenstone belt that extends for roughly 300 kilometers (180 miles) across Nunavut's Kitikmeot region. Three Bluffs, the most advanced target at Committee Bay, lies at the center of this massive greenstone belt. According to the most recent calculation,...
Sabina Gold & Silver Corp. Jan. 20 reported it has added roughly 2 million ounces of gold to the mineral resources at Back River, which will serve as the basis for an updated feasibility study for the gold mine project in Nunavut. Back River now hosts 33.45 million metric tons of measured and indicated resources averaging 5.88 grams per metric ton (6.32 million oz) gold; and 13.79 million metric tons of inferred resource averaging 6.44 g/t (2.86 million oz) gold. "Since our...
Sabina Gold & Silver Corp. Dec. 9 released the final batch of results from the roughly 8,000 meters of drilling completed this year at the company's Back River gold project in Nunavut, Canada. "Sabina is proud to have delivered a number of significant exploration successes this year," said Sabina Gold & Silver President and CEO Bruce McLeod. "This was accomplished while operating within a restricted safety framework that has protected our employees, contractors and community...
Sabina Gold & Silver Corp. Dec. 16 reported that, despite getting a late start to the 2020 season due to COVID-19, crews made progress on several preconstruction objectives at the Goose gold mine project on its Back River property in Nunavut. Pre-construction activities that further advanced the Goose camp and readied the mine project for a productive year in 2021 included: • Extension of the existing all-weather airstrip from 3,000 to 4,500 feet to facilitate the use of l...
Sabina Gold & Silver Corp. Dec. 2 reported that an updated feasibility study for the proposed Goose Mine on its Back River gold project in Nunavut is slated for completion early in 2021. A feasibility study completed in 2015 details plans for developing four deposits at the Goose mine project – Goose, Llama, Umwelt, and Umwelt Underground. Ore from these deposits would feed a 3,000-metric-ton-per-day mill forecast to produce an average of roughly 200,000 ounces of gold per y...
Blue Star Gold Corp. Oct. 28 announced additional high-grade gold intercepts from a recently completed 7,624-meter drill program at its Ulu and Hood River properties in the Kitikmeot region of western Nunavut. The Ulu property hosts an advanced gold project that has historically been the target of significant exploration and development by BHP Minerals, Echo Bay Mines, and others. According to a 2015 calculation, the Flood and Gnu zones on the Ulu property host 2.5 million...
Blue Star Gold Corp. Sept. 30 announced encouraging gold results from the company's 2020 drill program at the Ulu and Hood River properties in Nunavut. The Ulu property hosts an advanced gold project that between 1989 and 2012 saw significant exploration and development by BHP Minerals, Echo Bay Mines, and others. The past work includes roughly 1,700 meters of underground development and roughly 97,820 meters of drilling at Ulu and Hood River. According to a 2015 calculation,...
Sabina Gold & Silver Corp. Oct. 13 reported additional high-grade gold intercepts from drilling of the upper portions of the corridor at the Umwelt Underground resource at its Back River gold project in Nunavut. A feasibility study completed in 2015 details plans for a 3,000-metric-tons-per-day mine at Goose, one of the properties that comprise the larger Back River project. This proposed mine is forecast to produce roughly 2.3 million ounces of gold over an 11.8-year mine...
TMAC Resources Inc. Oct. 15 announced that Ottawa has ordered a national security review of Shandong Gold Mining Co. Ltd.'s acquisition of TMAC and its Hope Bay gold mine in the Kitikmeot region of northwestern Nunavut. Under a definitive agreement announced in May, Shandong Gold Mining (HongKong) Co., an overseas subsidiary of the state-owned Chinese gold mining company, would pay roughly US$149 million (C$208 million) to acquire all TMAC shares. The sale of a producing gold...
