Golden Predator moving towards restarting Brewery Creek Gold Mine
Over at North of 60 Mining News there is an excellent article on Golden Predator’s (V.GPY) efforts to bring the Brewery Creek mine back into operation in the Yukon.
Over at North of 60 Mining News there is an excellent article on Golden Predator’s (V.GPY) efforts to bring the Brewery Creek mine back into operation in the Yukon.
Almost exactly two years ago I was on the Yukon Mining Alliance Media Tour and went to the Victoria Gold (V.VIT) Dublin Gulch Eagle Mine project, 80 bumpy kilometres from Mayo, Yukon. There, VP Exploration, Paul Gray took us on a tour of the proposed mine site. There were some roads bulldozed out of the bush, drill collars, a large camp which was somewhat empty and a vision. John McConnell’s vision of a 200,000 ounce per year gold mine.
I am just finishing writing up my interview with John McConnell, CEO of Victoria Gold (VIT). As an aside in this interview, I complimented John on the excellent update videos he has been posting as the Eagle Mine goes forward. I kidded him about the fact that “the explosions” were the best part.
Whether you think CO2 driven climate change is a “climate emergency” or a complete crock, the fact is that there is a lot of money looking for practical solutions to the problem of CO2. A lot of that money has gone into things like solar and wind power which, proponents say, will reduce emissions over time by generating electricity without burning fossil fuels. But what about the CO2 which has already been emitted? While climate scientists have been steadily revising temperature sensitivity estimates downward, there is a terrific political momentum behind the idea that CO2 and temperature are linked and that, despite a lack of scientific evidence, that link causes everything from sea level rise to rain “events”.
White Gold Corp’s (V.WGO) exploration and geological team led by legendary Yukon prospector, Shawn Ryan, and quarterbacked by VP Exploration, Jodie Gibson, is already in the field and as CEO David D’Onofrio said in a recent interview with MotherlodeTV: “This season is our most exciting yet and we are well underway.”
There are huge advantages to a brownfield project. Past producing mines come with a valuable legacy of geological and engineering data that is backed by production numbers and, sometimes, leftover mineralization. On the Chimo Mine project this is the case since the mine was closed due to weak gold prices and not lack of mineralization. Factor that in with underground infrastructure that can be readily rehabilitated and it becomes a manageable challenge to prove up the “blue sky”. That’s what Cartier Resources (V.ECR) has been up to in the last two years.
June is a bit of a news desert in the junior exploration space. In Canada, the explorers are out drilling and results will not be available for a few weeks or months. Which gave me the opportunity to reach out to Jeff Wilson, CEO of Precipitate Gold (V.PRG)
World Class Extractions (CNSX:PUMP) Anthony Durkacz & Quadron Cannatech (CNSX:QCC) Rosy Mondin join the Midas Letter Raw video to explain the advantages of the companies’ merger.
When last we spoke to Mike Ferguson, CEO of Gensource Potash (V.GSP) back in August 2017, the company had just released a full feasibility on its modular approach to potash extraction and sale. The company was taking a radically different approach to potash mining and building modules which will produce a relatively tiny 250,000 tonnes per year. The great advantage of this approach, other than a significantly lower CAPEX, is that the entire production of a module may be bought by a single end user.
Blackrock Gold (V.BRC) has a highly prospective piece of land in Nevada. The question the company faces is how to gain traction to explore that land.