Gold investment options at Yukon:
It cannot be denied that Yukon is one of the hottest places for the gold exploration around the world. It was back in 2016 when gold crop was kicked with $520 million purchase of gold and with a coffee project of worth 5 million ounce. It is since then, when Agnico Eagle, Barrick, and Newmont entered Yukon projects via investments.
Being Yukon the largest claim holder, strategic metals are poised to capitalize the interest. However, the company was not getting enough market value for the prime project in the highly prospects i.e. Dawson Range gold belt.
Trifecta Gold Company: Four of the properties i.e. Trident, Eureka, Treble, and Triple Crown have been packaged together in to a new company named as Trifecta Gold. It began trading on the TSX Venture having TG as its symbol.
The stocks of the company are being traded at 29 cents. It gave the company the market capitalization of around $6.7 million. This is almost triple on the deemed value which is 10 cents. It depicts the shareholder value creation in the sector where usual rule is opposite to all the mentioned facts.
The initial plans of the company are to drill 800 to 1000 meters at Trident and Eureka each. These plans also include the early stage exploration at Triple Crown and Treble. Strategic claims are made at Treble, Eureka, and Triple Crown. Trident is ground strategic staked with couple of claim packages. In the same manner, Eureka is gold project considered to orogenic situated in the south of the Klondike Goldfields. It is accessible along the route that is between Dawson City and Goldcrop’s coffee. One of the great mysteries of Klondike is due to the lack of bedrock gold. It is worth stating here that since that famous great Gold Rush, more than 20 million ounces of gold has been pulled from the Klondike waterways. However, finding the source of all that gold is still an illusive quest.
Trident project is what hold the most potential. It is located near the border of Yukon and Alaska which is almost 75 kilometer northwest of the Glodcrop’s coffee. This project includes the claims that have been staked by the strategic and claim blocks that have been options from a prospector and metals creek resources. It is road accessible however has limited drilling and trenching.
Yukon is indeed a special place. It is blessed with abundance of natural resources and untapped business potential. In addition to Klondike gold, it has diverse potential with impressive investment opportunities. The area has positioned itself to a new era of development and investment in the North. Yukon government has invested a lot in people and its economy. This has led to several advantages for Yukon which has leveraged to a stronger position. The area is well prepared for the new development and challenges.
If you are looking forward to make investment; then Yukon is indeed a great place to be invested. You will not regret making investment in any manner at all.