Yukon Gold 2.0
Canada's Multibillion-Dollar Secret
If you've invested in gold stocks anytime within the past 10 years, you've probably heard stories of new gold discoveries in Canada's Yukon.
Since 2008, about 7 million ounces of gold have been discovered in the White Gold District of the Yukon. But these discoveries are really just the tip of the iceberg. Canada's Yukon still holds a multibillion-dollar secret that has eluded geologists for more than a century.
Our story here begins with the legendary Klondike Gold Rush...
Between 1897 and 1898, an estimated 100,000 gold-seeking adventurers set out on long and treacherous routes to find buried treasure. Prospectors were required by authorities to bring a supply of food for an entire year. With their equipment, they carried nearly a ton of weight, which had to be moved in stages.
Only 30,000 prospectors actually arrived to Dawson City, the hub of the Klondike rush. And even among those who made the whole journey, only a few would find success.
But it wasn't despair that ultimately ended the Klondike Gold Rush. The end was mostly due to the discovery of gold in Nome, Alaska in 1899, which set off a gold rush of its own. Getting to Nome and mining the gold there was simply much easier and cheaper for prospectors.
Since that time, geologists have defined a 2,000-kilometer-long area as a prime area for gold exploration that extends from northern British Columbia through the Yukon Territory and across and into southwestern Alaska. This large area is called the Tintina Gold Province and is today home to some of the largest gold mines in the world. These include Pogo, Fort Knox-True North, and Donlin Creek.
Despite these discoveries and rapid advancements in exploration technology, the principal source of the Klondike gold has still not yet been discovered.
A quick bit of gold mining basics...
There are two main types of gold deposits: placer and lode
Placer gold is gold that has been separated from its host rock by natural erosion, mostly water. These are the gold nuggets and flakes that are panned and dreaded out of rivers or mined out of ancient riverbeds.
Placer gold is the easiest to mine since it's already loose from the solid rock... the low-hanging fruit. And it's also the gold that the original Yukon gold miners mostly discovered.
The source of placer gold is gold that's still in solid rock, called lode gold. The most recognized type of lode gold would be gold veins in quartz, as seen below. Sometimes gold and other precious metals are chemically bound within ore and not visible to the naked eye.
Mining lode gold is much more complicated and expensive since the metal is locked within solid rock. The original Yukon miners did very little lode gold mining, and thus left most of the metal behind. It is only relatively recently that mining lode gold in Canada's Yukon has become possible and profitable.
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But there's still a bigger discovery to be made...
The mother lode.
The mother lode is the source of all the gold veins in a local area. And to this very day, the Klondike's mother lode has never been found. But geologists might be closing in...
As I mentioned, since 2008, nearly 7 million ounces of gold have been discovered in the White Gold District of the Yukon. This area is about 50 miles southwest of the original Klondike discovery, and many speculate that these discoveries indicate the mother lode is nearby.
Back in 2010 and 2011, everyone was talking about Yukon gold. Since then, the hype surrounding the gold in the Yukon has died down quite a bit after four brutal years for gold through 2015. The market changed. But the geology hasn't.
The Klondike's mother lode is still there, waiting to be discovered. And as gold prices rise, interest in Yukon gold will likely be reignited.
I just issued a new buy alert for an incredibly exciting Yukon gold opportunity to members of Secret Stock Files that has massive breakout potential.
This is an opportunity that investors will need to jump in on very soon to maximize profits. In fact, I don't think we'll even have time to put together a proper offer before the stock jumps. So if you want to participate, give our customer service a call at 877-303-4529, and they can set you up with a subscription.
I told them this morning to expect phone calls about this offer and asked them to direct new subscribers to the exact recommendation. So they can help you out immediately.
Don't drag your feet on this.
We'll talk again soon,