Open pit mine project receives green light

Yukon

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Kaminak Gold has plans to build an open-pit gold mine at a property 130 kilometres south of Dawson City, Yukon. They just need to complete another 25 kilometres of road access and have received support from the Tr’ondëk Hwëch’in First Nation.

The planned access route runs approximately 190 kilometres from Dawson City to the Coffee Gold mine site. About 160 kilometres of public road already exists. The route includes two river crossings at the Stewart and Yukon, where barges will transport trucks in summer. About four trucks a day will be needed to bring in supplies.

The Tr’ondëk Hwëch’in First Nation says the direct route from Dawson City will maximize economic opportunities for its citizens.

Gold bars will be produced on site and then flown out. It is estimated that the $300-million construction costs will be recouped within two years of start-up.