PERMITTED, HIGH GRADE VIRGIN PLACER CLAIMS
FOR LEASE IN THE YUKON TERRITORYWe have 22 Virgin Placer claims located in the Dawson Mining District approx. 200kms from Dawson City to Placer claims, there is a Class 4 water & land use permits in place for mining 8 yrs left on permits . Lots of water, Good road access & Airstrip nearby.
We are looking for the right person or Company to lease the claims out, and we take a small percentage royalty of Gold mined.
This is a very good paying creek, random limited drilling discovered by a (Placer Specialist Geologist.) A rich zone Glory Hole. The average Gold Grade between two drill holes is approx, .105 CY per ounce of Gold that works out to be approx. 10 Cubic Yard washed material per ounce of Gold. Numbers may fluctuate depending on type of Sluice Plant and recovery rates. Either way Gemini creek is very high Grade & Blue Sky potential creek since there are no records of mining on Gemini Creek.
Of note, we are near another high Grade Gold producing creek, one that to date has produced about 20,000 oz. of placer gold recovered.
High Grade pay zone gravels noted is from Drill hole G8 -1 encountered approx.: (6 ft.) inferred gold grade returned 0.195 oz. Gold per CY & G8-2 drill hole returned approx., (10 ft.) inferred gold grade 0.051 oz. Gold per Cubic Yard. Average grade between both drill Holes (150 ft.) spacing averages approximately .105 ounces Gold per Cubic Yard.
Gemini creek valley is gently v shaped valley floor that has possibly condensed the gold making this creek very attractive for mining purposes. There are no records of previous Mining on these claims.
Gemini creek is located on Klondike Schist rock formation and Considerable work and testing has been done to date, we have encountered very Good Showings and results throughout the property.
Link for aerial map Click Here
Reports available upon request. COST 4,500,000 CDN