Canadian Mining Journal

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NEW ALLIANCE: Yukon gold miners band together

YUKON - Alexco Resource Corp., Capstone Mining, Copper Ridge Explorations, Golden Predator Royalty & Devel...


YUKON – Alexco Resource Corp., Capstone Mining, Copper Ridge Explorations, Golden Predator Royalty & Development, Northern Freegold, Western Copper (all of Vancouver), and Victoria Gold Corp. of Toronto have joined forces to create the Yukon Gold Mining Alliance (YGMA). It was officially launched on Feb. 11, 2010, in Vancouver.

The YGMA is a non-profit industry association with a current membership of seven working in Yukon mineral exploration and development. The associations goals include liaising between the mining industry and investors; promoting awareness of and strengthen investment in member companies and the Yukon; and building awareness of established companies which are committed to mineral exploration and development in the Yukon.

Scott Kent has been appointed the chair of the YGMA. His past experience includes serving as a Yukon cabinet minister, an executive committee member of the Yukon Environmental and Socio-economic Assessment Board and the executive director of the Yukon Chamber of Mines.

The YGMA will host events to present information to the investment community in Canada, the United States and Europe. In addition, the YGMA will work to bring analysts, media and the investment community to the Yukon to view properties and see the territory first-hand.

Member companies must have established NI 43-101 compliant resources and/or must have spent $2.5 million in drilling programs in the Yukon in five of the last seven years. Member companies must also adopt and adhere to a corporate sustainability policy including community relations, environmental responsibility and labour relations.

For further information contact the investor relations department at Golden Predator, 604-648-GOLD (4653).