Whitehorse drills tap more Skukum gold
Assays continue to confirm high-grade tenor of Yukon deposit North of 60 Mining News – January 22, 2021
Last updated 3/4/2021 at 3:03pm
Whitehorse Gold Corp. Jan. 18 reported an impressive gold-silver intercept from the second hole of its 2020 drill program at its Skukum project in southern Yukon.
New Pacific Metals Corp., which gained full ownership of Skukum through the 2011 acquisition of Tagish Lake Gold Corp., created Whitehorse Gold to continue the exploration of this 170-square-kilometer (65 square miles) gold property about 55 kilometers (34 miles) south of Yukon's capital.
According to a calculation completed before the formation of Whitehorse, the Skukum Creek deposit hosts 1 million metric tons of indicated resource averaging 5.85 grams per metric ton (188,344 oz) gold and 166.4 g/t (5.36 million oz) silver; plus 537,000 metric tons of inferred resource averaging 4.99 g/t (86,124 oz) gold and 108.3 g/t (1.87 million oz) silver.
Two other deposits – Goddell and Mount Skukum – also host smaller resources.
Four holes drilled late last year were designed to better define the deeper portion of the Rainbow zone at Skukum Creek, validate historical drill hole intercepts, and test potentially thicker and higher-grade portions of the deposit.
The first hole of this program, reported by Whitehorse in December, cut 8.9 meters (roughly 8.1 meters true-width) averaging 6.54 g/t gold and 186.9 g/t silver, including 1.22 meters averaging 21.4 g/t gold and 563 g/t silver.
The second hole, SC20-002, cut 10.5 meters (6.3 meters true-width) averaging 8.1 g/t gold and 175 g/t silver, including 2.2 meters of 25.2 g/t gold and 636 g/t silver.
Whitehorse says this mineralized interval is comparable to SC11-01, a nearby hole drilled in 2011 that cut 5.82 meters true-width averaging 8.42 g/t gold and 82.6 g/t silver.
"The results from our 2020 exploration continue to verify both the depth potential and the high-grade tenor of the Skukum Creek gold deposit," said Whitehorse Gold CEO Kevin Weston. "We are encouraged by the zone thickness and look forward to releasing the additional drill results as we are finalizing our 2021 drill campaign which is aimed at increasing the mineral resources at the project."