Goldfinger
UNCONVENTIONAL PLACER DEPOSIT
MAYO MINING DISTRICT, YUKON
Location
Located 430 km north of Whitehorse, Yukon in the Mayo Mining District​
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Property is a 30 min drive north of the village of Mayo and 8 km west of Rick Ness' mine on Duncan Creek.
Duncan Creek Road provides an all-season maintained road through property
Property tenure
The Goldfinger property consists of 37 placer bench claims, 5 placer creek claims and a 2-mile placer bench lease.
Evolution
Goldfinger is a unique placer deposit associated the last ice age. High-energy meltwater flow off the margin of the glacier deposited a coarse outwash gravel. The area of coarse-gravel deposition covers approximately 300,000 square yards. Additional areas on the property need investigation and testing.
Pay Gravel
The pay gravel is located at surface with no overburden or permafrost. Some of the best values are located within 20 m of the Duncan Creek Road. Gravel thickness ranges from 1 to 4 metres based on current exposure.
2024 Exploration
Samples ranging in size from 0.5 cubic yard (25 gallons) to 0.08 cubic yard (5 gallons) were processed for placer gold. Values ranging from CDN$9.20 to $96.60 per bank cubic yard equivalent at CDN$3565/oz were obtained. A probable average ranging between CDN$15-20/bank cubic yard was used for estimated gold volumes on the property.
Placer Gold
Placer gold is generally fine and flakey. At this time we have no data on the gold purity, although we expect a value of 80% based on placer gold from nearby Duncan Creek. The gold in this photo was obtained from GF24-04 where 0.4 cubic yards was processed. The sample contained 125 mg of gold.
Permitting
A class 4 placer mining license was submitted in November, 2024. This is a bench-mining situation that will require water recirculation. Staking to the waterways of Field Creek and Mayo River provide intake location options. There are no wetland or heritage polygons within the core placer deposit area.
Field Creek
Mine Plan
The proposed mine plan that has been submitting for permitting details a processing sequence through the core placer gold deposit. The logical mine sequence progresses from east to west with two areas identified on either side of the Duncan Creek road. Recirculation ponds will migrate with operations.
