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A review of the klondike gold rush

As you can see from the ownership breakdown, Klondike is tightly held by a small number of hands.

The Klondike Gold Rush in World History: Putting the Stampede in Perspective

During a conversation with Tallman, he related his start in the mining sector back to when he was in his early teens and helped build a log cabin just south of Algonquin Park, located in central Ontario.

A key prerequisite for this job was proficient canoeing skills, which Tallman had in spades, and so he got his start in the mining business. Additionally, with Selco, he moved to Newfoundland where, while working in a remote corner of the province, chipped the discovery outcrop of what later became the Hope Brook gold mine.

Tallman has worked for a number of different companies in senior roles, over the course of his career, including Noranda Exploration, Prime Equities International Murray Pezimand Messina Minerals, just to name a few. The team has recently expanded the team with the addition of Ian Perry, VP Exploration who has extensive experience managing advanced exploration projects towards development stage.

Klondike Gold’s Leadership

Dawson City was built to support gold miners during the Klondike Gold Rush of the 1890s and hosts the major infrastructure needed for the exploration and development of mining projects, such as an airport, access to supplies and electrical infrastructure.

The Fraser Institute uses a number of criteria in evaluating a jurisdiction, such as political stability, mining law, taxation and, arguably the most important, mineral potential. The Yukon has well developed infrastructure, including more than 4,800km of all-weather roads, airports, power, Internet and cell phone service.

Bottom line, narrative plays a big role in the success of junior mining companies, and with the added help of the YMA, Yukon-based companies have a distinct advantage working together to promote the Yukon mining jurisdiction narrative.

Been to Klondike Gold Rush National Historical Park? Share your experiences!

The YMA is putting the Yukon on the map for interested resource investors which, I believe, will pay off in spades as we move into the next leg of the bull market. Many of the new American prospectors found their way north via ships boarded in Seattle. In many of the articles I read while researching the Klondike Gold Rush, many estimated costs being 10 times higher than what many of the people would have experienced in their former lives, living in Toronto, New York or Chicago.

Additionally, the Yukon Geological Survey estimates that a total of 20 million ounces of gold has been extracted from the Klondike goldfields since 1896. In my opinion, the Yukon holds tremendous mineral potential and will only increase its prestige within the mining community.

The governing body oversees all agreements affecting the First Nation, including finance, health, social programs, housing and natural resources.

Klondike Gold Corp. – Exploring for Gold in the Heart of the Yukon

Klondike Gold Project As stated earlier, the Klondike has a rich history in gold mining, as 20 million ounces of placer gold have been mined there. The question that Tallman and his team at Klondike Gold are trying to answer is, where did the placer gold come from?

Thus, since taking the helm of Klondike Gold, Tallman has set out to determine if the fault system, which he identified in his original desktop review of the company, plays a role in controlling gold mineralization. Specifically, in our discussion of the property, Tallman refers to the Rabbit Creek Thrust Fault, which stretches roughly 55 km from the Lone Star target to the Gold Run target.

  1. Airborne mapping overlain with soil sampling data will help the Klondike team narrow down their focus for the diamond drill program. Concluding Remarks In my opinion, Klondike Gold has the basis for success when it comes to gold exploration.
  2. Airborne Mapping — Complete 2500 to 3000 line kilometers of airborne surveys across the entire 557 square kilometer property.
  3. In many of the articles I read while researching the Klondike Gold Rush, many estimated costs being 10 times higher than what many of the people would have experienced in their former lives, living in Toronto, New York or Chicago. The governing body oversees all agreements affecting the First Nation, including finance, health, social programs, housing and natural resources.

Tallman believes that this is a very important fault and, ultimately, is the key driver in the gold mineralizing event. Klondike Gold Corporation Presentation — Slide 16 In my opinion, the identification of these similarities is a HUGE plus for Tallman and his team, as they are using the knowledge and processes laid out by Kaminak to influence their plans for exploration on their Lone Star and Gold Run targets.

Not only does this make the exploration more efficient, but also speaks to the potential of what Klondike may have in terms of gold mineralization. Airborne Mapping — Complete 2500 to 3000 line kilometers of airborne surveys across the entire 557 square kilometer property.

In my discussion with Tallman, he stated a few times how inadequate the old government geological maps of the property are. Accurate maps of the property are integral for efficient drill target gathering.

Free - Klondike Gold Rush National Historical Park

Soil Sampling — Groundtruth Exploration has been hired to complete 5000 soil samples and complete the ortho-photographic modelling footage via drone. Airborne mapping overlain with soil sampling data will help the Klondike team narrow down their focus for the diamond drill program. Drill Program — 50 to 70 holes will be drilled for an estimated total of 5000 meters. This is a preliminary drilling budget, which Tallman suggests could be expanded, depending on results. Watch for drill results in the weeks ahead, as Klondike should have steady news flow of drill results over the next couple of months.

Metallurgical Work Additionally, Tallman mentioned that they will be drilling a few holes of HQ core, which a review of the klondike gold rush a diameter of 96mm, which is almost 20mm larger than that standard NQ or CHD 76 core which is typically used in exploration drilling.

Why the larger core size? Klondike will be using the larger core sample for the beginnings of a metallurgical study, which should shed some light onto economic viability of the Klondike mineralization. Concluding Remarks In my opinion, Klondike Gold has the basis for success when it comes to gold exploration: Experienced management team which is supported by smart money, via billionaire investors, Frank Giustra and Eric Sprott.

District scale land package of 557 square kilometers with the premier mining jurisdiction that is the Yukon. The Klondike Goldfields have produced 20 million ounces of placer gold over their history.

  1. Accurate maps of the property are integral for efficient drill target gathering.
  2. High news flow throughout the summer.
  3. District scale land package of 557 square kilometers with the premier mining jurisdiction that is the Yukon.
  4. Thus, since taking the helm of Klondike Gold, Tallman has set out to determine if the fault system, which he identified in his original desktop review of the company, plays a role in controlling gold mineralization. Extensive 2018 exploration program, which includes airborne mapping, soil samplings and a 5000m drill program.

Extensive 2018 exploration program, which includes airborne mapping, soil samplings and a 5000m drill program. High news flow throughout the summer.