Located near Carmacks, Y.T., and accessed by an all-weather road, the property saw limited production in 1938 and has the distinction of being the first hardrock producer in the Yukon.
According to Ted Yardley, president, the structure appears to trend 340 degrees with a dip of 45-50 degrees to the east and has a variable width of 12 ft; averaging 8-9 ft. The gold-bearing structure was intersected by a total of nine 1988 and 1989 drill holes. Results include:
Core
gold/ton Hole Footage oz Length 88-01 8 -17.5 9.5ft 2.140 88-09 71 -80 9.0 ft 0.231 88-10 73 -82 9.0 ft 2.533 88-11 66 -81 15.0 ft 0.271 88-12 62 -73 11.0 ft 0.331 89-01 87 -93 6.0 ft 0.071 89-02 139 -154 15.0 ft 1.228 incl. 142 -148 6.0 ft 2.964
The company’s work program for 1989 includes surface work such as detailed geological mapping, geophysical surveys and trenching, followed by further diamond drilling and a bulk sample.
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