Galore Creek Data
Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.
ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18
Kiska Regains Control of the Kliyul Project 2016-10-04
VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (
TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited ("Teck") notifying the Company that it is terminating the Kliyul Participation Agreement dated September 30, 2013 ("Agreement"). Under the terms of the Agreement, Teck completed IP geophysical surveys, archeological surveys, baseline water quality surveys, community engagement programs with local First Nations, and ~2,000 metres of diamond drilling in four holes, for a total expenditure of ~$3 million.
Teck Submits Regulatory Application for Quebrada Blanca Phase 2 2016-09-26
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) has, as part of the regulatory process, submitted the Social and Environmental Impact Assessment (SEIA) for its Quebrada Blanca Phase 2 Project (QB Phase 2) in northern Chile to the Region of Tarapacá Environmental Authority, consistent with the timing previously noted in the company's second quarter 2016 release.
Teck Announces Acquisition of Securities of Jet Gold 2016-08-31
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it acquired 8,333,333 common shares, and a $389,117 principal amount convertible debenture of Jet Gold Corp. ("Jet Gold"). Jet Gold issued the securities in satisfaction of $889,117 of indebtedness owing to a Teck subsidiary. Jet Gold had assumed the indebtedness in connection with its indirect acquisition of control over a 30% interest in Haib Minerals (PTY) Ltd., in which Teck indirectly holds a 70% interest. The common shares were issued for an aggregate price of $500,000, and the convertible debenture was issued for a price of $389,117. No cash consideration was paid by Teck and the purchase price was fully satisfied by set-off against the assumed indebtedness.
Galore Creek Information
General 2015-05-10Galore Creek is one of the world's largest undeveloped copper-gold-silver deposits, owned equally by wholly-owned subsidiaries of NovaGold and Teck Resources and managed by the Galore Creek Mining Corporation ("GCMC").
Nearby Location News
Skeena Intersects 16 g/t Gold Over 4.7 Metres at Snip 2016-10-03
VANCOUVER, BC--(Marketwired - October 03, 2016) - Skeena Resources Limited (
TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce assay results from 6 new holes drilled at the past-producing Snip high-grade gold project ("Snip") located in the Golden Triangle of northwest British Columbia. Highlights include 16.01 g/t Au over 4.7 metres, including 37.7 g/t Au over 1.65 metres in hole S-16-11 which, along with hole S-16-12, were targeted in an area below the Twin West underground workings, where limited historic production totaled approximately 10,000 tonnes at an average grade of 18.8 g/t gold (see Section 3600E below). Intercepts on these new holes indicate continuity with several historical intersections including 57.3 g/t Au over 1.3 metres, 34.7 g/t Au over 3.7 metres, and 34.8 g/t Au over 2.1 metres.
Pretium looks to Brucejack blue sky 2016-09-15Stepping out may yield further resource growth
Skeena Intersects 31 g/t Gold Over 4.5 Metres at Snip 2016-09-14
VANCOUVER, BC--(Marketwired - September 14, 2016) - Skeena Resources Limited (
TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce results from the first 8 holes of its 6,000 metre drill program at the past-producing Snip high-grade gold project ("Snip Project") located in the Golden Triangle of northwest British Columbia. Highlights include a wide interval in S-16-06 which occurs approximately 200 metres into the footwall below the historic Twin Zone mine production area, and averages 16.24 g/t Au over 13.5 metres including 30.99 g/t Au over 4.5 metres. This intersection remains open and untested up dip. In addition, historic intersections on adjoining sections, that were never exploited by past producers, indicate the potential to expand on this interval with additional drilling.
Spectrum, Canada: 73m grading 0.97g/t Au, 0.26% Cu and 1.2g/t Ag from 199m depth (S16-077) 2016-08-25
Skeena Releases Drill Results From Spectrum & Commences Drilling at Snip 2016-08-24
VANCOUVER, BC--(Marketwired - August 24, 2016) - Skeena Resources Limited (
TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce initial drill results from the Spectrum gold-copper project ("Spectrum") and the commencement of drilling at the Snip gold project ("Snip"), both located in the Golden Triangle of northwest British Columbia.