The recent Government of Yukon, in partnership with Yukon Mining Alliance and Yukon Chamber of Mines, lunch in the heart of Toronto’s Bay Street brought some of the Yukon’s most prominent mining executives together with brokers, institutional investors and analysts from the Canadian financial world.
Excellent perspective piece on the Yukon mining scene by Gary Baschuk of Peartree Securities. Peartree specializes in flow through shares which finance so much of the exploration which takes place in Canadian Mining and Baschuk has seen a lot of exploration camps. It is interesting to see companies like Victoria Gold, Atac Resources and Western Copper and Gold through a finance guy’s lens.
Chris Donaldson, Manager, Corporate Development at Western Copper and Gold (T.WRN) draws our attention to a joint Federal/Provincial News Release announcing a 360 million-dollar commitment to road construction in Yukon. The package includes funds for road upgrades and extensions to WRN’s Casino Project.
When you embark on a tour of the upcoming mines of the Yukon the first thing which hits you is the sheer size of the place. Miles and miles of untouched, trackless, wilderness separates many of the properties from any sort of population centre. To cover eight properties and a full-scale mining conference in six days means a lot of fixed wing flying, helicopter jumps and bumpy drives down gravel (if you’re lucky) roads.