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Publisher-reported update

2026-08-26

Recent discoveries of at least two types of volcanogenic massive sulphide (VMS) deposits hosted in varying terranes have greatly expanded the mineral potential of the Yukon Territory. Kuroko style deposits at Kudz Ze Kayah and Wolverine are hosted by an Early Mississippian felsic metavolcanic and carbonaceous sedimentary package within the Yukon-Tanana Terrane in the Finlayson Lake area. The massive sulphide lenses at Wolverine have spectacular grades and constitute a geological resources, as of November 1996, of 5,311,000 tonnes with 1.81 g/t Au, 359.1 g/t Ag, 1.41% Cu, 1.53% Pb and 12.96% Zn. New discoveries at the Fyre Lake and Ice properties continue to expand the volcanic hosted massive sulphide potential of the Finlayson Lake area. Fyre Lake is a copper-cobalt-gold Besshi-type deposit hosted by chlorite schist. Towards the end of the season DDH 65 at Fyre Lake intersected 31.3 m of 2.29% Cu, 0.53 gpt Au and 0.07% Co. The enigmatic, ""Cyprus-type"", Ice occurrence has copper-cobalt mineralization in mafic volcanic rocks that are interpreted to belong to the Slide Mountain Terrane. The last hole of the season, DDH IC96-34 intersected 20.56 m of massive pyrite, chalcopyrite…

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