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by 2020. The company is also looking to
upgrade access roads that have been used
by placer miners travelling from Dawson
City. "We really only need to build 30 km
of new road,'' said Goldcorp Exploration
Manager, Tim Smith.
While road access remains a challenge,
there are also obvious advantages to explor-
ing in the Yukon. When Goldcorp acquired
Kaminak last year, it was a widely viewed
as a move to improve its geopolitical risk
profile by choosing a safer jurisdiction than
Mexico, where some of its global operations
are located. The territory's long history of
mining means that mineral explorers can
count on a supportive government. Officials
from the Yukon government's economic
development department recently accompa-
nied reporters and analysts on a week-long
tour of the territory's mineral exploration
sector. An alliance of Yukon mining compa-
nies coughed up roughly $150,000 to cover
the cost of the trip, a sign that companies
with assets in the Yukon are willing to work
together in a bid to promote their projects.
Representatives of companies which did
not feature on the tour had a chance to
meet with reporters during a conference in
Dawson City.
Below is an update of some high profile
companies active in the Yukon.
Banyan Gold Co.'s [BYN-TSXV] Hyland
gold project southeast of Whitehorse
marked the first stop on a recent media
tour of the Yukon's mining sector. The proj-
ect hosts a NI 43-101 compliant resource of
roughly 400,000 ounces. The deposit type
is sediment-hosted, structurally controlled
mineralization located in the Selwyn Basin
in southeast Yukon. The company also has
an option to earn a 100% interest in 9,230
hectares of contiguous ground known
as the Aurex-McQuestern claims from
Victoria Gold and Alexco Resources. The
project is located near the entrance to the
road that leads into Victoria Gold's Eagle
Gold Project, currently in an advanced
stage of development. "With these options,
Banyan will be the first company to
consolidate ownership of these highly pro-
spective intrusion-related gold properties
