Trifecta Gold: More gold in Yukon’s Dawson Range

Canadian Junior Mining

“Trifecta plans to initially drill 800 to 1,000 metres at each of Eureka and Trident, and conduct earlier-stage exploration at Treble and Triple Crown. Follow-up drilling later in the season is also possible, as merited, at any of the four properties. Eureka, Treble and Triple Crown are Strategic claims, while Trident includes ground Strategic staked as well as two optioned claims packages.

Eureka is an orogenic gold project located in the south of the storied Klondike Goldfields, along the proposed road route between Goldcorp’s Coffee and Dawson City. The lack of a significant bedrock gold source is one of the Klondike’s great mysteries. More than 20 million ounces of placer gold have been pulled from Klondike waterways since the great Gold Rush. But finding the bedrock source of all that gold has been an illusive quest.

Eureka straddles the headwaters of Eureka and Black Hills creeks, which together have produced at least 200,000 ounces of placer gold since 1978. The characteristics of the gold suggest a nearby source. The property has a 6-km by 2.5-km zone of gold-in-soil geochemical anomalies that has not seen much trenching or drilling.” James Kwantes writing in Resource Opportunities

As with all of Kwantes’ pieces his writing on Trifecta (V.TG) is long and very detailed. I met with the company when I was in the Yukon and could not help but be impressed with Dylan Wallinger, its 30 year old CEO. He has been working in the Yukon for years and has a keen sense of the need to explore hard but smart. And, as Kwantes points out, the pitches of land Trifecta controls are highly prospective.

My own sense is that the Yukon gold rush is just getting started and as the first wave companies like ATAC and Victoria Gold attract the attention of the majors, second wave companies like Trifecta will be poised for exploration success and significant growth.

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