Canadian Mining Journal


Site visit: Goldcorp VP Bergeron talks future of Coffee project

DAWSON CITY, YUKON — It’s an exciting time in Canada’s Yukon Territory. On July 20, Goldcorp (TSX: G; NYSE: GG) completed its acquisition of explorer Kaminak Gold and its multimillion-ounce Coffee gold project, 130 km south of Dawson City along the western bank of the Yukon River. The entrance of a senior gold producer anywhere in Canada is always big news in mining circles, but it’s even bigger in a territory that’s yet to host a major hard-rock gold mining camp. …

Coffee’s potential as a heap leach gold mine for oxide reserves has been established. The structurally hosted hydrothermal gold deposit has good grades, with probable reserves totalling 46 million tonnes grading 1.45 g/t Au for 2.2 million contained oz of gold. Previous heap leach metallurgical studies indicate 86% life of mine gold recoveries.

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