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YELLOWKNIFE (DISCOVERY MINE)
YELLOWKNIFE (DISCOVERY MINE)
Country
Canada
Province
Northwest territories
Close to
Yellowknife
Status
ADVANCED DISCOVERY
Surface
69 km² / 17,077 acres
Latitude / Longitude
63 N 14 / 114 W 20
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Gold -
Risk and valuation analysis of the YELLOWKNIFE (DISCOVERY MINE)
Status Risk : Advanced discovery
Country Risk : Very Low
Resource Risk : 42.00%
In situ value
3,068,672,079 $
Title(s) of the YELLOWKNIFE (DISCOVERY MINE)
Tyhee Development Corp
Owner: 100%
Title
Company Profile
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Company website
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The Yellowknife Gold Project commenced with acquisition by Tyhee Development Corp. of the Discovery Mine property (ML GMC1) from GMD Resource Corp. (News Release, January 12, 2001) and the Nicholas Lake property (ML NIC 1, NIC 2 and other adjoining
more...
Location of the YELLOWKNIFE (DISCOVERY MINE)
The Yellowknife Gold Project is located approximately 90 km north of the City of Yellowknife in the South Mackenzie Mining District of the Northwest Territories , Canada . The YGP consists of the Ormsby and Nicholas Lake gold deposits, covered by fourteen contiguous mineral leases that total 6333.33 hectares.
History of the YELLOWKNIFE (DISCOVERY MINE)
The Yellowknife Gold Project commenced with acquisition by Tyhee Development Corp. of the Discovery Mine property (ML GMC1) from GMD Resource Corp. (News Release, January 12, 2001) and the Nicholas Lake property (ML NIC 1, NIC 2 and other adjoining
more...
Geology of the YELLOWKNIFE (DISCOVERY MINE)
The Ormsby Deposit is exposed on surface, in the Ormsby decline, in subdrifts, in crosscuts and in drill core. The presence of gold mineralization can be recognized by the coincidence of sulphides and silicification in weakly foliated but strongly li
more...
Reserves and resources of the YELLOWKNIFE (DISCOVERY MINE)
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Measured
4,252,000
3.53
482 569
Indicated
13,194,000
3.45
1 463 479
Mesured and Indicated
17,446,000
3.47
1 946 048
Inferred
2,545,000
3.29
269 200
Total
19 991 000
2 215 248
Definitions
Reserves and resources of the YELLOWKNIFE (DISCOVERY MINE)
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
2 215 248
482 569
1 463 479
1 946 048
269 200
oz
3 070 776 565 US$
Production history
Metal
1968
1967
1966
1965
1964
1963
1962
1961
1960
1959
GOLD (oz)
54,000
54,000
54,000
54,000
54,000
54,000
54,000
54,000
54,000
54,000
Exploration and drilling
8/12/2010
Discovers Two New Gold Zones on Yellowknife
7/18/2008
receives preliminary assessment demonstrating positive econo...
2/4/2008
REPORTS THREE OF FIRST FOUR DRILLHOLES INTERSECT GOLD-BEARIN...
Discoveries and Drilling Results
5/30/2011
Tyhee Gold Corp News Release - May 30, 2011
6/16/2010
Reports Final Drill Results from its Spring Drill Program
2/26/2009
UPDATE ON THE YELLOWKNIFE GOLD PROJECT
12/3/2008
REPORTS 25% INCREASE IN THE MEASURED AND INDICATED GOLD RESO...
7/9/2008
ADDS SIGNIFICANT GOLD INTERSECTIONS
4/3/2008
REPORTS 27% INCREASE IN THE MEASURED INDICATED GOLD RESOURCE...
12/19/2007
REPORTS ADDITIONAL NICHOLAS LAK DIAMOND DRILL RESULTS
Location
Data last updated on : 7/22/2010
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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