YUKON – There may yet be recoverable gold at the former Ketza River mine near Ross River. YGC RESOURCES of Vancouver is confident that it can increase resources at the property.
According to figures released by YGC president Graham Dickson, the property has measured resources of 1.41 million tonnes at 3.54 g/t Au and indicated resources of 7.13 million tonnes at 2.60 g/t Au. He further said that in the measured and indicated resources there are 756,700 oz of recoverable gold. The inferred resource is thought to host another 1.05 million oz in 14.58 million tonnes at 2.24 g/t Au. If the company’s drilling program successfully moves the “inferred” ounces into either “indicated” or “measured” ounces, reopening the mine would warrant consideration.
YGC is drilling two zones on the Ketza River property. The Manto zone is located adjacent to the former mine, and the Shamrock zone is located near the centre of the Ketza Uplift. The company’s website is at www.YGCR.ca.