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Tagish Lake Gold Corp. is focused on high-grade gold-silver deposits on its wholly owned Skukum Mineral District (local geography and climate), located 80 km southwest of Whitehorse, Yukon Territory, Canada. The Skukum District is well served by established facilities and infrastructure.
While the Skukum Creek Project is in the advanced stage of exploration, other mineral resources are being explored by the Company. Please click on the menus above to learn more about Tagish Lake Gold Corp.'s projects.
Skukum Gold-Silver Mineral District Summary
The Skukum District has three known gold and gold-silver mineral deposits: Skukum Creek, Goddell Gully and Mount Skukum.
In addition, there are numerous high-potential exploration targets on the property. These targets include the Charleston, Antimony Creek and Horseshoe Gully prospects.
Skukum Mineral District Highlights
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Initial production scenario from Skukum Creek with a 20% discounted cash flow rate of return ($750/oz. gold price).
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Targeted initial rate of production of 60,000-oz. gold-equivalent/year over a minimum of five years at cash cost of <$220/oz.
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A wealth of additional exploration targets on property from historical expenditures of C$21 million.
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982 full or fractional quartz mining claims
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2008 drilling expected to build on positive results. |
Resources
Measured plus indicated : 1,431,000 tonnes grading 6.6 g/t Au and 153 g/t Ag (using 5g/t Au).
Inferred : 625,000 tonnes grading 8.9 g/t Au and 44g/t Ag
(Source: MineTech International Ltd., 2007).
Additional Inferred Resources: Lake Zone 109,000 tonnes at 13.40 g/t gold
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178 square km in area.
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Infrastructure assets with a replacement value of C$ 8 million.
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Most recent exploration drilling commenced November 2007.
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