Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Yukon-focused explorer Whitehorse Gold (TSXV: WHG) is making steady progress assessing a development path for its high-grade district-scale Skukum property in an advanced brownfield camp 88 km south of Whitehorse.
Led by an experienced management team and board with Kevin Weston as CEO, Whitehorse Gold recently completed a C$15.3 million equity financing to fund the 2021 resource expansion and upgrade drill campaign.
“Our core strategy is to convert the existing resources to higher-confidence categories, expand it, potentially make discoveries given the multitude of drill-ready targets on the property, and to figure out a fast track to small-scale production,” Weston tells The Northern Miner on a recent sponsored site visit.
Weston says the company has successfully consolidated the expansive Skukum land package for the first time since its initial discovery over a hundred years ago, giving it a unique opportunity to compile and assess the various historical datasets for discovery potential.
(Continue reading at The Northern Miner)
