The Opportunity
- Large property portfolio in the prolific Klondike placer gold mining district with over 20 million placer gold ounces discovered since 1896 and remains underexplored for 'hard rock' gold mineralization.
- Largest mineral quartz claim holder in the White Gold District with 15,000+ claims covering over 305,000 hectares/3050 square km.
- The Company's property portfolio includes its flagship White Gold Project which includes 4 deposits in close proximity: Golden Saddle, Arc, VG & Ryan’s Surprise. They collectively contain Indicated Resources of 1,732,300 ounce at 1.53 g/t Au and Inferred resources of 1,265,900 ounces at 1.22 g/t Au:
- Golden Saddle Main Zone hosts a consistent high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au) and 93,000 oz Inferred (1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off. At a 3.0 g/t cut-off, this core contains 695,000 oz Indicated (4.4 Mt @ 4.88 g/t Au) and 35,000 oz Inferred (269 kt @ 4.07 g/t Au), underscoring the robust grade profile of the deposit.
- Significant undeveloped discoveries in the District including the Coffee project owned by Newmont Corp. (which Newmont has entered into an agreement to sell to Fuerte Metals Corp.) and Western Copper and Gold Corp.'s Casino project.
- Project generator with a robust pipeline of numerous early-stage and discovery-stage exploration projects with favourable underlying geology and potential to host multiple mineral deposit types including orogenic gold, intrusion-related gold, epithermal gold-silver, and porphyry copper-gold (molybdenum).
- Experienced management and technical team with over 100 years of combined experience in mineral exploration, including major discoveries in the White Gold District.
- Strategic partners include Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) which owns 19% of the Company
- Yukon is a stable Canadian jurisdiction that is supportive of mineral exploration and mining and is ranked as a top 10 global jurisdiction in terms of mineral potential and investment attractiveness according to the Fraser Institute.
- The Yukon Resource Gateway Project, a jointly funded infrastructure project between the federal government ($248 million), Yukon government ($112 million) and the mining industry ($109 million) will see upgrades to 650km of existing resource roads in the Dawson and Nahanni ranges. These upgrades will provide reliable access to mineral-rich areas like the White Gold District, significantly enhancing the prospects of future mine development.
- The British Columbia-Yukon Grid Connect Project has committed $40-million in federal funding to advance prefeasibility to advance a 765-kilometre, high-voltage transmission line network that would connect the Yukon electrical grid to the North American grid in B.C
- Redevelopment of Port of Skagway (Alaska) to improve their dock infrastructure to continue to support and increase mineral concentrate shipping capacity