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SUMMARYYukon Gold explores and develops mining properties with a commitment to moving projects towards production. Exchanges: TSX: YK | OTCBB: YGDC | Frankfurt: WBY Share Price: PROJECTS: Marg DepositThe Marg deposit is a 100% owned 7.85 million metric tonne advanced stage copper/ zinc/ lead/ silver deposit in the Tombstone Belt in Yukon, Canada. The resource was revised by Scott Wilson RPA July 18, 2008 to more accurately reflect the mining value of the deposit. The resource estimate was developed with a $70 per tonne Net Smelter Return cut off.
The deposit is at surface, open down dip, and to the west. Drilling in 2007 expanded the size of the deposit with a 7.3m intersection grading 2.7% copper, 4.4% zinc and 2.1% lead. There is significant potential to expand the resource base with drilling of nearby soil geochemical anomalies coincident with geophysical targets identified in the 2006 VTEM survey. The Marg is a volcanic massive sulphide deposit (VMS), these types of deposits typically occur in clusters. More. PROJECTS: Mount HintonThe 14000 acre Mount Hinton land position is one of the largest land holdings in the region at the southeastern end of the Keno Hill Mining Camp. Over 50 mineralized gold/silver veins have been identified, most occurring within a corridor 900m wide by 3km long. The #21 vein has been tested over a 22m strike length with an average grade of 42 g/t gold and 319 g/t silver across an average width of 1.05m. Summer 2007 trenching along the projected strike in the valley floor has returned an average grade of 1.36 g/t gold, 183 g/t silver and 2.1% lead over 6 metres. More. ![]() |
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