Michael McPhie, former CEO of the Mining Association of British Columbia, intends to clear his company’s name after it was implicated in share distribution scandal.
British Columbia Mining News
For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
The company recently completed a surface drilling program on its Eskay Creek property in BC's Golden Triangle.
Canadian Environment and Climate Change Minister, Catherine McKenna, said the proposed mine was not likely to have significant adverse effects if the 120 stipulated conditions were met.
Gold Drop was mined intermittently from 1919 to the 1980's and hosts 8 known gold bearing veins or vein systems.
Rapidly growing firm's engineering expertise will help Canadian clients meet construction, budgetary, and licensing goals.
The company drilled 730 metres across seven holes.
The Vancouver-based miner is staking an additional Cu-Au porphyry target.
The best hole assayed 8.70 g/t gold over 3.4 metres, including 169.50 g/t over 0.5 metre.
Its Brucejack underground mine in British Columbia generated 376,000 ounces of gold last year, or 97% of the expected production.
The Vancouver-based miner said that the goal behind the proposed acquisition is to create a prominent BC gold exploration/development company.
The company said there will be no impact to the mine’s ongoing environmental monitoring and remediation program.
Surge will continue to hold its interest in its cobalt projects in both Chile and Ontario, and its lithium brine project in Chile.
Tahoe shareholders also approved the arrangement.
The company believes the anomaly represents a deeper feeder source to the gold zone it just drilled.
The company reports the region hosts a large geological endowment and supports numerous operating mines.
BC risks a contraction of the mining sector of the economy by not taking concrete, immediate action while competitors advance initiatives of their own.
In 2016, Brucejack was named the world’s highest grade “rookie” gold mine.
All indications point toward a large copper-gold porphyry system.
The Vancouver-based miner consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia.
The Kelowna-based miner plans to establish up to 60 drill sites and four kilometres of exploration trail near Merritt.
The Blackie property is located in a historic mining district.
Fission 3.0 Corp. is preparing to drill 4,400 metres at four high priority targets – Wales Lake, Patterson Lake North, Key Lake and Cree Bay (two holes).
Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km.
The company also identified three new targets that it says it can make drill ready through induced polarization and geological surveys in early 2019.