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genic massive sulphide mineralization. The
property was recently optioned to BMC
Minerals Ltd., owner of the nearby Kudz
Ze Kayah copper-gold-cobalt project, also
located in southeast Yukon. The company
has about $750,000 in the treasury and
considers itself to be a low risk vehicle for
Yukon exposure as the shares were trading
at 6 cents on July 17, 2017.
Rockhaven Resources Ltd.'s [RK-TSXV]
key asset is the wholly-owned Klaza
Project, which is estimated to host an
inferred resource of 1.36 million ounces
of gold and 26 million ounces of silver.
A Preliminary Economic Assessment
has indicated that Klaza could produce
approximately 630,000 ounces of gold and
11.4 million ounces of silver over a lifespan
of 14 years. The PEA said the project could
also yield 51.2 million pounds of lead and
52.4 million pounds of zinc during that
period. The project is road accessible and
benefits from its proximity to an electri-
cal power grid. As $30 million has already
been spent so far, Rockhaven said work
this year is focused on infill drilling, metal-
lurgy and exploration drilling to identify
new gold zones.
Independence Gold Corp. [IGO-
TSXV] holds a portfolio of early stage gold
projects in the White Gold District. The
company is currently being run by Kendra
Johnston, formerly manager of corporate
development, after CEO Randy Turner
was forced to take a leave of absence due
to a family illness. He is best known for
guiding Winspear Diamonds from the dis-
covery of the Snap Lake diamond find in
the Northwest Territories to its eventual sale
to De Beers Mining for $305 million. The
company has said its 2017 Yukon explora-
tion program will focus this year on the
wholly-owned Boulevard Project, which
lies adjacent to Goldcorp's Coffee Project.
The main aim is to define additional
gold mineralization within the Sunrise-
Sunset Zone, where earlier drill highlights
include 4.36 g/t gold over 6.1 metres. The
company is also planning to complete
regional exploration activities to discover
new targets at Boulevard and its other
White Gold District projects.
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