The Yellowknife Gold (YGP) project is comprised of several properties (Nicholas Lake, Ormsby, Goodwin Lake, Clan Lake and Big Sky) that cover portions of the Yellowknife Greenstone Belt from 17 to 100 km north of the town of Yellowknife. The Yellowknife Greenstone Belt is reported to have historically produced over 15 million ounces of gold from the Con, Giant and Discovery Mines. The Discovery Mine, located on the Ormsby property, operated from 1950 to 1969 and is reported to have historically produced 1 million ounces of gold with an average grade of 28 g/t gold. The YGP has been the focus of substantial drilling, underground development and historic gold production.
Location: Northwest Territories
Infrastructure: Winter road, water, nearby electrical power at Bluefish Station
Property Size: 12,120.5 Ha
Deposit Type: Orogenic
Measured and Indicated: 14.108 Mt grading 2.33 g/t (1,059,000 oz)
Inferred: 9.302 Mt grading 2.47 g/t (739,000 oz)
Drilling: 1,061 holes (231,609 m)
Technical Report: Technical report including a resource estimate is currently being prepared by an independent qualified person. Please refer to news release dated March 4, 2019.
Images: Yellowknife Gold Images