A U G U S T / S E P T E M B E R 2 0 1 7
www.resourceworld.com
35
Yukon owned and operated with over 35 years experience
in Custom Mobile Aggregate Production
6 MacDonald Road, Whitehorse YT Y1A 4Y5
Tel (867) 668-3662 Fax (867) 633-5354
nuwaycrushing@gmail.com
in the White Gold area, or by taking a
direct stake in a handful of the territory's
best known exploration juniors.
In May 2016, for example, Goldcorp
acquired the Coffee Project by snapping up
Kaminak Gold Corp. in a share exchange
deal worth of $520 million.
Kinross Gold Corp. [K-TSX; KGC-NYSE]
and Agnico-Eagle Mines Ltd. [AEM-TSX,
NYSE] have each acquired a 19.9% stake
in White Gold Corp. [WGO-TSXV], cur-
rently the largest land holder in the Yukon's
White Gold District. The junior's explora-
tion efforts are being guided by the Yukon's
best known prospector, Shawn Ryan. The
shares issued to Kinross and Agnico-Eagle
enabled White Gold to re-acquire the White
Gold properties that Kinross bought when
it bought Underworld Resources for $138
million in 2010.
Named Canada's Prospector of the Year
in 2011, Ryan is renowned for his work in
seeking the bedrock source of the Yukon's
famous placer gold deposits. It involves the
use of methodical soil sampling techniques
that led to the discovery of a geophysical
LEFT: Julia Lane, Vice President, Exploration,
centre, and Graham Downs, CEO of Atac
Resources Ltd., right, examine diamond drill
core. Photo by Peter Kennedy.
RIGHT: Alexco Resources is preparing to
restart the Keno Hill District mill (lower left)
near Mayo, central Yukon Territory. Photo
courtesy Alexco Resources Corp.
