GREY:VITFF - Post by User
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Goldstock2014on Apr 21, 2017 9:52pm
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Post# 26151853
John Ing
John IngYet almost 100 years later, there is another Yukon gold rush with the majors scrambling for prime territory on the heels of Goldcorp's $520 million acquisition of Kaminak's Coffee project last year. Barrick will spend some $60 million for Atac's 1,700 km2 Rackla Gold project. Newmont spent $39.5 million for Goldstrike's Plateau project. Victoria Gold, with a positive feasibility study only requires funding for Eagle. Exploration remains the lifeblood for the mining industry, necessary to replace quickly depleting reserves.