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Tulsequah Chief owner pushed into receivership; environmental issues remain

Tulsequah Chief owner pushed into receivership; environmental issues remain

The owner of the mothballed Tulsequah Chief zinc mine in far northwestern British Columbia was pushed into receivership this week by its major lender, according to court documents and a receiver’s report. The action raises questions about when and how a decades-old problem with acid mine drainage flowing into the Taku…

Gold Gold and Silver Deals

Gold Gold and Silver Deals

It appears that there is a major increase in mineral exploration this summer in Northern BC, specially for gold. A number of companies such as Skeena, Colorado, Teuton and others that have significant gold deposits have embarked on an aggressive drilling program as well as partnerships with larger companies. Gold…

NBCMining at Sprott Mining Show

NBCMining at Sprott Mining Show

Northern BC Mining is attending the 2016 Sprott Mining Show, held July 26-29th in Vancouver’s Fairmont Hotel Vancouver. The Sprott Show, held in Vancouver since 2004, is attractive to metals-investors from around the world. To quote from the show website, “If you are a serious investor, you shouldn’t miss our…

Chieftain Enters Into Forbearance Agreement And Appoints Financial Advisor For A Strategic Review

Chieftain Enters Into Forbearance Agreement And Appoints Financial Advisor For A Strategic Review

On May 10, 2016, Chieftain Metals Corp. (TSXV: CFB), (“Chieftain” or “The Corporation”), its wholly owned subsidiary, Chieftain Metals Inc. and an investment fund advised by West Face Capital Inc. (“West Face”) entered into a Forbearance Agreement pursuant to which West Face agreed not to exercise its rights under its…

Pretivm – Pretium Resources Inc.: Valley of the Kings Infill Drilling Intersects 37,000 Grams Per Tonne Gold

Pretivm – Pretium Resources Inc.: Valley of the Kings Infill Drilling Intersects 37,000 Grams Per Tonne Gold

Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) (“Pretivm” or the “Company”) is pleased to report a ninth set of results from the underground infill drill program at the Brucejack Project’s Valley of the Kings. Results continue to confirm the style and grade distribution of the Valley of the Kings gold mineralization in the…

Skeena Secures Option to Acquire Snip Property from Barrick

Skeena Secures Option to Acquire Snip Property from Barrick

Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce the signing of an agreement with Barrick Gold Inc., (“Barrick”) granting an option to the Company to acquire a 100% interest in the past-producing, high-grade Snip gold mine in northwest British Columbia. The property consists of one…

SnipGold Provides an Update On The 2016 KSP Exploration Program

SnipGold Provides an Update On The 2016 KSP Exploration Program

SnipGold Corp. (TSX-V: SGG) (“SnipGold” or the “Company“) is pleased to provide an update on the upcoming KSP exploration program. Colorado Resources Ltd. (“Colorado“) recently announced a planned 5,000 metre drill program on SnipGold’s KSP Property, as part of Colorado’s exploration expenditure commitments pursuant to an earn-in option signed in…