Mining and Energy Activity

If you think that there has been an increase in mineral exploration Up Here, you are absolutely correct. In fact, the numbers are: $6.9 million in 2002... up to $107 million projected for this year! Archie has led government efforts in new management processes aimed at helping mining projects through regulatory hurdles, and it shows:

Presently there are THREE big projects in the works, "approaching production decisions" (to quote Archie in his November speech): Yukon Zinc's Wolverine Project, which has spawned a "draft screening report, available on the Web; Sherwood Copper's Minto Copper-Gold Project; and the Cash Minerals Division Mountain Coal Deposit. The latter plans on expanding our Yukon Coal Reserves, and is evaluating Coal Liquefication projects.

Then there are a couple of other noteworthy projects: Western Silver's Carmacks Copper has a serious drilling program going on; and the Tintina Mines has announced that it is planning an advanced underground exploration program on its Red Mountain Molybdenum Project.

The Energy Mines and Resources website has a handy list of Mineral Exploration and Mining companies active here, by the way.