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Yukon cash-flow on the rise

This year is set to be a break out period for mining in Canada’s northern Yukon territory, say those whose have been digging around these parts for a decade or more. And the majors are showing growing interest, snapping up rights to proven and promising resources as transportation costs look set to fall and a stable political framework comes back into vogue.

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Blue sky aplenty: Yukon explorer White Gold is among the most active in the territory

Victoria Gold Corp (TSXV: VIT) might be the most obvious poster child for the region, having earlier this month announced a major project financing of C$505 million (US$392 million) for its Eagle gold