NORTHWEST TERRITORIES – TerraX Minerals has released its first resource for its Yellowknife City gold project, 12 km from Yellowknife, N.W.T., totalling 735,000 oz. gold in the inferred category. Pit-constrained resources are 11.6 million inferred tonnes grading 1.4 g/t…
NORTHWEST TERRITORIES – TerraX Minerals of Vancouver has traced mineralization from the former Giant gold mine in Yellowknife onto its own TerraX target zone in the Barney Deformation Corridor (BDC). Relogging and sampling of 1,579 metres of historical drill core…
NORTHWEST TERRITORIES – TerraX Minerals announced that the Mackenzie Valley Land and Water Board in Yellowknife, Canada, issued a land use permit that approves the company’s exploration plan on all the land holdings of its Yellowknife City gold property. The new permit, effective…
Eira Thomas is now CEO of Lucara Diamond Corp. with headquarters in Vancouver. Previously she was president and CEO of Kaminak Gold, and before that she was a co-founder and CEO of Stornoway Diamond. Vancouver-based Avino Silver and Gold Mines…
Sometimes the inbox carries a disproportionate number of news releases about various gold exploration projects. Today was no exception. Truly, there are exploration projects out there for other metals, but the news is often gold, gold, gold. Here is a…
NORTHWEST TERRITORIES – TerraX Minerals has drilled 8.00 metres of 60.60 g/t Au at the Mispickel zone at the Yellowknife City gold project. That intersection included 2.25 metres of 212.48 g/t. Lengths were good, although grades were less spectacular, from…
The gold bugs have been busily drilling their prospects at multiple locations across Canada. Near surface, high grades and long intersections are all being reported. Here is quick look at some of the results announced in the last week or so.
Two hands wide and it goes on forever!” is what prospector C.J. Johnny Baker is rumoured to have bragged of the gold-riddled quartz vein he and Herb Dixon found on the rocky north arm of Great Slave Lake in 1935.
It seems like only yesterday pundits looked at the price of gold as it topped US$1,000 an ounce and predicted it co…