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Yellowknife Gold Project
Yellowknife Gold Project
Country
Canada
Province
Northwest territories
Close to
Yellowknife
Status
ADVANCED DISCOVERY
Surface
63 km² / 15,649 acres
Latitude / Longitude
63 N 11 / 113 W 54
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Gold -
Risk and valuation analysis of the Yellowknife Gold Project
Status Risk : Advanced discovery
Country Risk : Very Low
Resource Risk : 42.00%
In situ value
2,912,567,955 $
Title(s) of the Yellowknife Gold Project
Tyhee Development Corp
: 100%
Title
Company Profile
All Projects
Company website
Company project page
Location of the Yellowknife Gold Project
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.
Geology of the Yellowknife Gold Project
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 lineated hydrothermally brecciated metavolcanic amphibolite.
Reserves and resources of the Yellowknife Gold Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Measured
4,252,000
3.53
482 569
Indicated
12,700,000
3.34
1 363 770
Mesured and Indicated
16,952,000
3.39
1 846 339
Inferred
2,545,000
3.29
269 200
Total
19 497 000
2 115 539
Definitions
Reserves and resources of the Yellowknife Gold Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
2 115 539
482 569
1 363 770
1 846 339
269 200
oz
2 928 434 496 US$
Exploration and drilling
6/27/2011
STARTS FEASIBILITY STUDY ON ITS WHOLLY-OWNED YELLOWKNIFE GOL...
3/24/2011
DRILLS 8.2 METRES OF 12.46 GRAMS OF GOLD PER TONNE AT THE YE...
1/27/2010
Provides Update On Yellowknife Gold Project, NWT Canada
7/28/2008
Submits Revised Project Description Report for its wholly-ow...
4/29/2008
EXTENDS MINERALIZATION IN WK SHEAR ZONE ON BIGSKY PROPERTY, ...
1/29/2008
Reports additional Ormsby and Bruce Lake Zone diamond drill ...
12/21/2006
increases total gold resource
12/11/2006
announces expansion of Ormsby Zone into new geological envir...
11/17/2006
announces extension of Ormsby Zone from diamond drilling
11/9/2006
broadens base in Yellowknife Gold Belt through acquisition o...
Discoveries and Drilling Results
3/10/2011
EXPANDS THE SPUD AND MAIN ZONES AT CLAN LAKE, YELLOWKNIFE GO...
1/22/2009
INCREASES YELLOWKNIFE GOLD PROJECT INDICATED AND INFERRED GO...
10/17/2008
announces additional diamond drillhole results from Clan Lak...
5/13/2008
intersects broad zones of gold mineralization
8/14/2007
identifies large gold-bearing shear zone system on BigSky Pr...
Location
Data last updated on : 1/22/2009
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