The annual tour of mining camps in the Yukon sponsored by the Yukon Mining Alliance (75%) and the Government of Yukon (25%) never fails to impress, and this year’s trip in mid-July was no exception. From visits to family-run placer mining camps in and around Dawson City to daily flights on Alkan Air’s 9-seat Cessna Caravans to far-flung exploration camps and mine development projects — the 24 investors, analysts, newsletter writers and mining media on the tour were reminded again and again of just how deep the industry’s veins run in the territory.
In March, the Fraser Institute ranked the Yukon ninth in the world for investment attractiveness in its annual survey of mining companies. Yet despite the storied history of the Gold Rush, and its more recent mining history, the Yukon is still very much a frontier. At the peak of the last exploration boom cycle, only 12% of the territory’s landmass was staked, according to the Yukon Geological Survey, and within those claims there is still lots of unexplored and underexplored ground.
Continue reading at The Northern Miner.
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