The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Step-out hole cuts 3.2 meters of 1 oz/t gold at Yukon project North of 60 Mining News – October 8, 2021
Whitehorse Gold is carrying out an 18,000-meter drill program focused on expanding the resource and testing new targets at the Skukum gold and silver project in southern Yukon.
Whitehorse Gold Corp. Oct. 5 reported bonanza-grade gold and silver results from a step-out drill hole on its Skukum gold and silver project in southern Yukon.
Situated about 55 kilometers (34 miles) south of Whitehorse, the Skukum project hosts 1.33 million metric tons of indicated resource containing 274,544 ounces of gold and 5.36 million oz of silver; plus 1.11 metric tons of inferred resource containing 223,873 oz of gold and 1.91 million oz of silver.
The bulk of this resource is in the Skukum Creek deposit, which hosts 1 million metric tons of indicated resource averaging 5.85 g/t (188,344 oz) gold and 166.4 g/t (5.36 million oz) silver; plus 537,000 metric tons of inferred resource averaging 4.99 g/t (86,124 oz) gold and 108.3 g/t (1.87 million oz) silver.
In July, Whitehorse launched an 18,000-meter drill program targeting the expansion of current resources; and exploring new mineralized zones across the 170-square-kilometer (65.6 square miles) Skukum property.
In early September, the company announced the first results from this drill program. Highlights include:
• 5.5 meters averaging 4.3 g/t gold and 279.9 g/t silver in SC21-005.
• 6.2 meters averaging 2.5 g/t gold and 431.8 g/t silver in SC21-008.
• 2.3 meters averaging 4.3 g/t gold and 864.4 g/t silver in SC21-009.
These holes were positioned to fill 50- to 60-meter gaps between historical drill holes at Rainbow, one of four zones that make up the Skukum Creek deposit.
The latest assay results are from a step-out hole drilled about 150 meters up dip from historical drilling, representing a significant extension of the Rainbow 2 zone.
This hole, SC21-015, cut 4.2 meters averaging 27.1 g/t gold and 346.4 g/t silver from a depth of 239 meters, including a 3.2-meter subsection averaging 33.4 g/t (1.07 oz/t) gold and 391.7 g/t silver.
This hole also intersected a 2.4-meter interval averaging 10.3 g/t gold and 99.9 g/t silver from a depth of 226.4 meters.
"Hole SC21-015 has returned the highest-grade gold intervals to date from our drill program and shows potential for higher grades and resource expansion at the Skukum Gold Project," stated Kevin Weston, CEO of Whitehorse Gold. "With results now released for seven drill holes, we look forward to announcing results from the remaining 37 holes over the coming months and are excited by the potential to advance the Project towards a development path."
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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