Yukon Metals (CSE: YMC; US-OTC: YMMCF) is planning to conduct 9,000 metres of diamond-drilling across its three flagship Yukon projects, president and CEO Rory Quinn says in a video interview.
The Vancouver-based company earlier this year secured exploration permits for the Star River, AZ’s Chair Mountain trend and Birch projects. The plan includes 4,000 metres of drilling at Star River, follow-up on a 1.2 km copper trend at AZ with 2,000 metres at Chair Mountain and step out on porphyry indicators at Birch with 3,000 metres.
“I think over the next six months at least, we’re going to have a steady growth case,” Quinn told The Northern Miner last week at an industry event in Quebec City. “The catalysts are now from the drill.”
Yukon Metals holds a 420 sq. km land package across 17 projects in a jurisdiction ranked among the world’s most prospective for copper, gold, silver and critical metals. As larger mining peers shift toward tier-one district plays, Yukon Metals is aiming to deliver the next discovery in Canada’s fastest-growing mining frontier, the executive said.
The company’s board backed a recent $15 million (US$11 million) financing that left Yukon Metals with $17 million in cash and zero debt. The company works with Yukon-based contractors and First Nations on consultation and logistics.
Watch below the full interview with The Northern Miner’s western editor, Henry Lazenby. Joint venture videos are paid-for content in partnership with The Northern Miner.
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