YUKON – Vancouver’s YUKON ZINC CORP. has received a Quartz Mining Licence for development of its Wolverine zinc-silver project in the south-central part of the territory. The licence was issued upon acceptance of the company’s environmental assessment screening report.
Yukon Zinc has plans to build a 1,500-t/d underground mine and mill to produce zinc, copper and lead concentrates. The mine would have a life of about 10 years. A production decision is dependent upon successful completion of the current optimization study and the availability of financing. The feasibility study estimated the project will require a capital investment of $155.7 million.
The company continues to work closely with the local native communities. Details of its social responsibility program are posted on its website, www.YukonZinc.com.