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- New Yukon Maps and Images
- Kaminak acquired an option on May 4th, 2009 to earn a 100% interest in three highly prospective gold properties, Coffee, Cream and Kirkman.
- Located in a new emerging gold district in the Yukon Territory of Canada, these three gold properties represent excellent discovery-stage opportunities with shareholder upside.
- The primary target on all three properties is a near surface, bulk tonnage gold deposit analogous to Underworld Resources Inc.’s newly discovered White Project, which is located only 8 km from Kaminak’s Kirkman property and 27 km from Kaminak’s Coffee and Cream properties. In 2008, Underworld drilled 18.1m grading 4.35 g/t Au and 50.7m grading 3.1 g/t Au revealing a new mineralized gold system (see Underworld news release dated October 15th, 2008).
- Prospecting and geochemical sampling work to date on Kaminak’s new properties have identified a coincident soil anomaly consisting of elevated gold (Au), arsenic (As) and antimony (Sb) similar to that observed on Underworld’s White property where subsequent trenching and drilling led to the discovery of bedrock mineralization by Underworld.
- On Kaminak’s Coffee property, over 1,250 soil samples have been collected and results have outlined a core anomaly measuring 1.5 km by 2 km which is characterized by a strong geochemical signature defined by Au (highest threshold from 80 to 839 ppb), As (100 to 1,758 ppm) and Sb (8 to 117 ppm). Two smaller grids were also established along the regional strike situated 2.5 kilometres east and 4.5 kilometres west of the core grid. Both grids outlined anomalous gold values with the highest threshold values on the western grid ranging from 50 to 643 ppb Au, and values on the eastern grid ranging from 50 to 148 ppb Au. The three separate grids are demonstrating anomalous gold values over a linear length of 10 km. These results indicate that the size and intensity of the new Coffee soil anomaly is the largest new gold-in-soil anomaly in the White gold district. Compelling soil geochemical anomalies also occur on the Cream and Kirkman propertie.s
- Summer 2009 exploration plans will include extensive trenching of existing soil anomalies, additional soil sampling, ground magnetic surveys and geological mapping. The goal of this work is to identify and prioritize diamond drill targets.
- Property Location, Accessibility and Infrastructure
- West-central Yukon Territory
- 120 km south of Dawson City, Yukon
- Less than 50 km away, there is a road traveling south from Dawson City to the Stewart River
- Adjacent to the Yukon River and accessible by commercial river barges for five months in the summer in the summer and fall
- Accessible by helicopter all year round by helicopter from Dawson City
- Several kilometers south of Kaminak’s properties is an airstrip at Thistle Creek
- Yukon Property Maps and images
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Nov 19, 2009:
Kaminak Identifies New “Granite-Hosted” Style of Gold Mineralization on the Coffee Property: Additional 284 Claims Staked to Cover Priority Targets |
Nov 16, 2009:
Kaminak Announces Surface Gold Discoveries from the Newly-Recognized Latte Trend; Coffee Property |
Oct 27, 2009:
Kaminak’s Coffee Property Continues to Yield High-Grade Trenching Results: 11.72 g/t Au over 10m and 8.56 g/t Au over 15m; Announces Plans for Initial 5000m Drill Program |
Oct 8, 2009:
Kaminak Reports New High-Grade Gold Occurrences from the Coffee Property: Chip Sample Results Yield 11.45 g/t Au over 5m |
Sep 21, 2009:
Kaminak Stakes 210 Additional Claims in the Yukon’s White District Based on Newly Recognized Gold-in-Soil Trends |
Aug 24, 2009:
Kaminak Identifies Additional Gold-in-Soil Trends on the Coffee Property: New Soil Results Yield up to 3.16 g/t Au |
Aug 13, 2009:
Kaminak Reports New Gold Occurrences from Yukon’s White District: Trenching on the Coffee Property yields 2.30 g/t Au over 21.0m |
Jul 7, 2009:
Kaminak Commences Trenching Program on “White District” Gold Properties |
Jun 8, 2009:
Kaminak Expands Yukon Gold Work Program to Accommodate Drilling |
May 20, 2009:
Kaminak Stakes Additional Claims in the White Gold District, Yukon Territory |
May 4, 2009:
Kaminak Acquires Three Gold Properties in the Newly Recognized White Gold District, Yukon Territory |
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