YUKON PROPERTIES
Generic Gold holds over 35 000 hectares of Quartz and Placer claims throughout the Tintina Gold Belt in the Yukon. With many of these projects residing close to significant mineral discoveries.
In addition, Generic Gold holds quartz claims in the Hasselberg area and placer claims of the Josephine creek in the Dawson Creek Mining District.
All of Generic Gold’s Yukon based projects have been subjected to First-Pass exploration. With three projects in the advanced exploration stage with several drill-ready targets.
GOODMAN & SEATTLE
Location & Access
- 11,809-hectare consolidated land package
- 40 kilometers northwest of Mayo City, YT
- Accessible by year round roads via the Silver Trail Highway
- Nearby projects include Victoria Gold’s Eagle Gold deposit, Alexco Resource’s Keno Hill Silver District and Banyan Gold’s Aurex-McQuesten Project
Geology & Mineralization
The Goodman project is located within the Selwynn Basin, which is a highly mineralized area east of the Tintina Fault. Locally, the geology consists of Upper Proterozoic to Silurian metasediments that are intruded by mid-Cretaceous polyphase quartz monzonite stocks.
Goodman is located along the Potato Hills trend, a mineralized fault system that trends southwest from the Eagle Gold deposit.
The Seattle project is a silver project located in the Keno Hill Geological formations, which is found to host high-grade vein silver deposits. This historical mining district has produced over 200 million ounces of silver.
Regional Area
- Located north of the Tintina Fault, within the Tombstone Plutonic Suite
- Area is experiencing a renaissance of exploration, after the opening of the highly acclaimed Eagle Mine, which is expected to be the Largest gold mine in the Yukon’s history, with 3.6 million ounces of gold indicated
- Goodman project is contiguous with Victoria Gold’s Dublin Gulch property
- Seattle project is continuous with another key projects including Alianza’s Haldane project and Banyan’s Nitra project
VIP
Location & Access
- 17,538-hectare consolidated land package
- 120 kilometers south of Dawson City
- Accessible by helicopter or barge. An airstrip is available roughly 25 kilometers north of the property
- Nearby projects include Goldcorp’s Coffee deposit, Western Copper & Gold’s Casino deposit, and White Gold’s Golden Saddle deposit
Geology & Mineralization
The VIP project is located within the White Gold district. Local geology consists of schistose sedimentary sequences and lesser mafic volcanics, biotite gneisses, and felsic through to ultramafic intrusions of variable size and composition.
The VIP project is on strike with the Coffee Gold deposits, and is cut by the Coffee Creek fault system.
Numerous soil sampling anomalies, and similar geology to that of the Coffee Gold deposits, indicate the potential for significant gold mineralization.
Regional Area
- Claim covers the contact of the Snowcap Siliciclastic Assemblage, which is known to host gold deposits in the region, alongside the Klondike Schist unit
- Multiple active exploration companies in the area, including the Newmont Coffee project, with an indicated resource of 1.7M ounces of gold
- Contiguous with projects operated by Independence Gold and White Gold
LIVINGSTONE
Geology & Mineralization
The Livingstone project is located with the Yukon-Tanana Terrane; a composite of crustal blocks including former volcanic island arcs and continental shelf depositional environments. Locally, the claims lie along the contact of an Early Mississippian intrusion and Devonian metaquartzite and schist.
The Livingstone area is a historical and current placer mining district which is renowned for extremely coarse nuggets. A source for these large nuggets has not yet been identified.
Bedrock mineralization identified to-date includes sulfide-rich quartz veins and sulfide-breccias. Up to 10 g/t Au has been sampled in bedrock.
Regional Area
- Key land position alongside renowned placer mining district of Livingstone and other major placer gold creeks
- Claim parallel to Big Salmon Fault, which is associated with regional gold emplacement
- Gold mineralization identified in sulphide-rich quartz veins and sulphide breccias
- Seven parallel structures have been identified with potential for gold mineralization
SUMMIT
Location & Access
- 1,720-hectare land package
- Located in the Watson Lake mining district, approximately 200 kilometres east of the village of Faro, Yukon
- Alongside the boarder of Yukon and Northwest Territories
- Project is accessible by helicopter and float plane from a base station on Nahanni Range road, approximately 50 kilometres to the southeast.
Geology & Mineralization
Within the Selwyn Basin geological province and underlain by Precambrian to Lower Cambrian Hyland Group rocks within a regional northwest plunging anticlinorium.
The property was staked to cover the inferred source of a 99th percentile regional gold-arsenic-antimony stream sediment anomaly taken by the Geological Survey of Canada
Summit Project displays similarities to many gold occurrences located southeast and northwest of the Project. The Rackla Gold project (ATAC Resources), 3 Aces project (Seabridge Gold), and the Hyland project (Banyan Gold) discoveries.
All underlain by similar Hyland group sedimentary rocks and situated along the same or similar regional-scale Little Owls Anticlinorium and March thrust fault.
Regional Area
- Located in the Selwyn Basin
- Geologically located within Northwest plunging anticlinorium
- Gold Mineralization in Quartz breccia/veins associated with Arsenopyrite
- Everest Zone – 800m by 300m north trending area of Au-As-Sb soil anomalies (up to 11.41 g/t Au)
- K2 Zone – 400m by 800m north-east trending area of Au-As-Sb, (up to 7.1 g/t Au)
- Along mineralized trend with other significant projects operated by Seabridge Gold and Aben Resources