The land may be known as the Rogue district, but Golden Predator Corp. (TSX:GPD) is no lone soldier in the Yukon gold rush.
The Vancouver-based explorer announced Wednesday it had doubled its Yukon property holdings by acquiring 3,154 quartz mineral claims covering 659 square kilometres of land northeast of Ross River.
The move comes just days after another Vancouver company, Taku Gold Corp. (TSX-V:TAK), said it had become the Klondike’s second largest claim holder in the now-infamous White Gold district (See "Taku Gold raises stakes in Klondike gold rush " – BIV Daily; August 24).
The White Gold district lies beyond Golden Predator’s latest land acquisition, which it is calling the Rogue district, but chair and CEO Bill Sheriff told BIV in March a new gold rush is underway across the Yukon.
He said junior mining companies, many from Vancouver, are flocking to the Klondike (See “Yukon pushes new gold rush during Games” – issue 1062; March 2-8).
The company’s latest property purchase lies north of its existing Cynthia project and features geologically attractive mineralizations in the prolific Tintina gold trend.
“The potential of the Tintina trend and, more particularly, the Tombstone gold belt, is just beginning to be realized on the heels of several significant recent discoveries,” Sheriff said. “We are extremely excited to have this district-sized land package.”