FINANCE – Alexco Resource Corp. July 30 said it has amended an agreement with Canaccord Genuity Corp. to increase a previously announced short-form prospectus offering from C$5 million to C$7 million. Alexco has granted the underwriter an option to purchase additional units to raise additional gross proceeds of up to 15 percent of the underwritten offering. If the over-allotment option is fully exercised, the total gross proceeds from the offering will increase to C$8 million. Alexco intends to use the net proceeds from the offering for exploration, development of the company’s projects and general working capital purposes. Closing of the offering is anticipated to occur on Aug. 21, 2014 and is subject to certain conditions.

GOLD/SILVER – Rockhaven Resources Ltd. July 29 reported results for 12 additional holes drilled at the Western BRX zone of its Klaza property in southern Yukon Territory. The company says this latest round of results continue to delineate areas of high-grade gold and silver mineralization within the Western BRX zone. Highlights from the new results from Western BRX include: 26.71 grams per metric ton gold and 172 g/t silver over 2.98 meters in hole 150; 22.43 g/t gold and 245 g/t silver over 3.21 meters in hole 151; 14.3 g/t gold and 142 g/t silver over 2.06 meters in hole 153; 66.2 g/t gold and 403 g/t silver over 1.00 meter in hole 154; and 9.65 g/t gold and 240 g/t silver over 1.74 meters in hole 157. “The current drill program is proving to be highly successful and is validating that the Western BRX zone is a significant gold-silver discovery,” said Rockhaven CEO Matt Turner. “The new holes continue to indicate exceptional continuity and size potential and are encouraging Rockhaven to test this target further along strike and at depth.” Western BRX is the main target of the current 12,000-meter diamond drill program at Klaza. The zone consists of three linear vein structures, which have been traced over a 750 meters long strike length and from surface to a depth of 400 meters. Rockhaven said 23 of the 25 holes reported from this year’s drilling at Western BRX have tested a 580-meter section of this 750-meter-long zone. The other two holes have defined a post-mineralization cross-fault that off-sets the zone. In 2014, a total of 9,500 meters of drilling has been completed in 54 holes at the Klaza property. Maps, sections and an expanded assay list which includes copper, lead and zinc values for the significant intervals can be found at www.rockhavenresources.com.

GOLD – Kaminak Gold Corp. July 28 reported that its board of directors has approved the start of a feasibility study for the Coffee gold project, located 130 kilometers (80 miles) south of Dawson City, Yukon. The decision to begin a feasibility study immediately follows the June release of a preliminary economic assessment that indicates development of Coffee would result in a high margin, rapid pay-back, 11-year open pit mining project at a US$1,250 gold price. The total budget for the feasibility work program is estimated at approximately C$30 million with initial approved expenditures of C$12 million to be completed in 2014 comprising long lead-time and critical path items. Feasibility activities slated to begin in the third quarter include infill drilling, additional metallurgical test-work, continued environmental baseline activities and a condemnation program. The company's current cash position is roughly C$27 million. “Following the announcement of a private placement by Ross Beaty and Zebra Holdings on July 14, Kaminak’s board of directors have approved the commencement of an approximately C$30 million feasibility study for the Coffee Gold Project, to be completed by the end of 2015,” explains Kaminak CEO Eira Thomas. “Coffee represents a low-risk, high-return development-track gold project in Yukon, Canada where there is a long history of and strong support for gold mining. The completion of a feasibility study is the next major milestone on our path towards a production decision.” Additional objectives of the 2014 program are to evaluate: nearby exploration targets for possible inclusion in the feasibility resources/reserves; the economics of coarse crushing and possible run-of-mine leaching; contract mining or equipment leasing; the exact route of the access road and possible synergies with other users; additional Kaminak staffing requirements for feasibility implementation; and engineering and construction companies for selection of the final feasibility team. Assuming the completion of a positive feasibility study in 2015, it is expected that Kaminak will enter a two year Environmental Assessment phase, with the Yukon Environmental and Socio-economic Assessment Board application to be submitted in early 2016. Kaminak said Coffee has high potential for resource expansion, with many of the deposits in the current resource remaining open along strike and to depth. The 2014 Phase I program, testing some of the more than 20 kilometers (12 miles) of gold in soil anomalies outside of the current resource area, is nearing completion with results to be assessed and a possible Phase II program decision to be made pending receipt of the remaining results during the third quarter.

GOLD – Victoria Gold Corp. July 28 announced the start of a C$3 million 2014 phase-2 Olive exploration program at the Olive Zone, adjacent to Victoria’s Eagle Gold deposit in central Yukon Territory. “Our confidence continues to increase that the Olive Zone will have a meaningful economic impact on the proposed Eagle Gold Mine. We intend to demonstrate this through a maiden Olive resource estimate followed by an update to the Eagle Feasibility Study and economic model with the incorporation of Olive,” said Victoria President and CEO John McConnell. Victoria’s phase-1 Olive exploration program included 20 diamond drill holes, three of which were used solely for metallurgical testing. Results from the first five holes, reported in June, includes 69.7 meters of 2.29 grams per metric ton gold and 96.1 meters of 1.22 g/t gold. Victoria has reported assay results for another six holes including: 31.5 meters of 2.19 g/t gold and 35.3 meters of 1.67 g/t gold. Assays are pending for another six holes. Victoria engaged Kappes Cassidy & Associates to conduct additional metallurgical testing on Olive samples. Initial tests to support moving forward on a phase 2 program included 96-hour bottle roll tests on three composite oxide and three composite sulfide samples. All samples were tested using a crush size to match the proposed crushing facility at Eagle. Gold recovery averaged 61 percent on the oxide samples. While this is less than Eagle, Victoria said the higher gold grades at Olive is anticipated to result in materially higher recovered grade than the average recovered grade at Eagle. The phase-2 Olive exploration program is underway and entails continued delineation of the Olive Zone as well as exploration drilling along strike to the northeast and southwest of the phase-1 drilling. The objectives of the phase 2 program include: completion of sufficient step out and in-fill drilling to prepare a NI 43-101 resource estimate that includes indicated resources; completion of sufficient metallurgical testing, including bulk column testing, to enable a qualified person to sign off on feasibility study level engineering for gold recovery; completion of sufficient geotechnical drilling to enable a QP to develop a feasibility study level mine plan; update of the Eagle Feasibility Study to include a mine plan with additional ore from Olive, an update to the capital estimate and operating expense estimate, and incorporation of potential capital cost savings while preserving the currently permitted project scope pursuant to the positive YESAA decision document issued for Eagle.

GOLD/SILVER/TUNGSTEN – Aben Resources Ltd. July 28 announced the start of 2014 exploration Justin gold-silver-tungsten project in eastern Yukon Territory. This program will consist of geological mapping, prospecting, trenching, soil sampling and collection of petrophysical data from existing drill core samples. Aben said this work will assist with defining and expanding the known extent of gold and tungsten mineralization on the property and to define targets for future drilling. The Yukon government has approved the project for partial funding through the Yukon Mineral Exploration Program, which will result in a portion of exploration expenditures being reimbursed to Aben ResourcesGOLD/COPPER – Northern Freegold Resources Ltd. July 25 offered an exploration update on the Freegold Mountain project in central Yukon Territory, as outlined in a statement June 19. The geophysical component of the program has been completed. Prospecting, mapping and trenching work is ongoing. Further updates on the exploration program will be provided as results are received. The company also reported that it will no longer continue trading on the OTCQX International. Effective Aug. 1, the shares of the company will discontinue trading on the OTCQX. This decision has been made following a review of OTCQX trading volumes and as a part of the company’s continued cost-cutting measures. Northern Freegold’s shares will continue trading on the TSX Venture and the Frankfurt Stock Exchange