Lead- and zinc-bearing exhalite,
Dolly Varden silver-gold project.
PRECIOUS METALS
In April, Banks Island Gold Ltd. started production at the
Yellow Giant gold-silver mine. Currently mining under-
ground at the Bob and Tel developments, mill throughput is
200 tonnes per day. In its first five months, the operation sold
over 220,000 grams of gold and 575,000 grams of silver.
Pretium Resources Inc. released an updated feasibility study
for its Brucejack underground project. The proposed 18-year
mine has an estimated 230 million grams contained gold in
proven and probable categories. The project is in the review
stage of provincial environmental assessment. Deep drilling at
the Valley of the Kings continues to intersect high-grade gold
over 0.5- to two-metre intervals.
Ascot Resources Ltd. focused exploration
on the past-producing Premier gold-silver
mine, drilling a structural zone 30 to 150
metres wide.
Dolly Varden Silver Corporation and Hecla
Mining Company continued drilling into
the fall at the past-producing Dolly Varden
silver-gold project. Drilling intersected deep
mineralized horizons, proving geological con-
cepts generated by fieldwork earlier in the year.
At the nearby Homestake Ridge, drilling by
Homestake Resources Corporation extended
the strike length of the Slide zone to 800 metres.
The Slide zone, discovered during 2013 drilling,
is considered analogous to the main Homestake
Silver deposit. Main Homestake, Homestake
Silver and South Reef zones contain an indi-
cated 20 million grams of silver and 3.8 mil-
lion grams of gold, and an inferred 633 million
ounces of silver and 28.3 million ounces of gold.
SKEENA
