Understanding Gold In The Yukon

A Brief History Of Gold In The Yukon

By the time the Klondike Gold Rush of 1897 had run its course, nearly 16 million ounces of gold had been recovered - all of it in the form of nuggets called "Placer Gold". It was this continent's greatest gold rush.

Found in streams and riverbeds, these gold nuggets break away from a larger "mother lode"", and are washed downstream to be picked up or dredged.

The originating mother lode which launched the original Klondike Gold Rush has yet to be found.

Closing In On The Mother Lode

Canada's Yukon has remained largely unexplored since its original boom at the turn of the last century so the Yukon's recent discoveries have been dramatic and compelling.

In May 2009, after a few months of exploration, Underworld Resources confirmed two major discoveries in their Golden Saddle property totaling 1,004,570 indicated ounces and 407,413 inferred ounces. That same month, they also confirmed a major intersection in their JP Ross property. In May 2010, Kaminak Gold Corp.'s first drill hole confirmed an intersection of 17.1 g/t Au Over 15.5m in the White Gold District.

To date, these intercepts are the largest ever recorded in the Yukon.

As significantly, all these projects were developed by Shawn Ryan.