Fuerte Metals (TSX.V: FMT)
Announced the award of the construction contract for the Northern Access Route, which will connect the Company’s flagship Coffee Gold Project to the City of Dawson and the Yukon highway network. Continue reading
Tag Archives: Yukon
Victoria Gold Placed Into Receivership
Victoria Gold (TSX: VGCX)
The company has been placed into receivership after the Yukon government were granted an application by an Ontario court.
The government are said to have lost faith in the mine’s management after the catastrophic heap leach failure on the 24th June. Continue reading
Victoria Gold looks Doomed to Fail
Victoria Gold (TSX: VGCX)
On the 24th June 2024 Victoria Gold announced a landslide at the heap leach pad at their Eagle Gold Mine in the Yukon territory of Canada.
What they really meant to say was that two million tons of the heap leach pad had cascaded down the mountain, and there was a concern about cyanide contamination of the local water supply. Continue reading
Banyan Gold Financing Raises up to $16.5 Million
Banyan Gold Corp.(TSX.V: BYN)
Announced a fully subscribed non-brokered private placement of up to $16,497,799.80 in gross proceeds.
The Private Placement will consist of 16,210,500 Charity Flow Through Shares priced at $0.63, 4,974,000 Flow Through Shares priced at $0.55, and 7,887,744 Shares priced at $0.45. […] Continue reading
Banyan Gold Announces 4 million Oz Gold Resource
Banyan Gold Corp. (TSX.V: BYN)
Announce an updated mineral resource estimate prepared for the Company’s AurMac Property located in the Mayo Mining district, approximately 56 km northeast from Mayo, Yukon.
The updated Resource Estimate comprises a total inferred mineral resource of 3,990,000 ounces of gold. […] Continue reading
Ascot Resources to “Seek New Financing Options”
Ascot Resources Ltd.(TSX: AOT)
Provides an update on construction financing and development plans for its Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
Ascot and Sprott Private Resource Lending have failed to come to agreement regarding the conditions for the continuation of their funding arrangement, and as a result, Ascot are seeking alternative sources of funding for the remaining C$60 million of project finance. […] Continue reading
Banyan Gold Intersects 1.16 G/T Gold over 68.9m
Banyan Gold Corp. (TSX.V: BYN)
Announced results from twenty-one diamond drill holes completed during the Company’s 2021 exploration program at the Powerline deposit located on the AurMac Property.
The glory hole was 68.9 m of 1.16 g/t Au. […] Continue reading
Banyan Intersects 1.02 G/T Gold Over 55.1 M
Banyan Gold Corp. (TSX.V: BYN)
Announced analytical results from 21 diamond drill holes drilled during the Company’s 2021 exploration program at the Powerline deposit located on the AurMac Property.
The highlight was 59.5 m of 0.71 g/t Au from Surface (14.8 m) . […]
Banyan Gold Reports Aurex Hill Zone Drill Results
Banyan Gold Corp. (TSX.V: BYN)
Present the complete set of results from the diamond drill exploration campaign on the Aurex Hill zone at the Company’s rapidly developing AurMac Property, Yukon.
These results demonstrate this zone has the potential to host widespread, consistent and near-surface gold mineralization over meaningful extents. Continue reading