Gold from the Yukon - then and now
At the end of the 19th century, the legendary gold rush in the Yukon began. In the centre was the town of Dawson. Today one can speak of a gold rush again. This started in 2016 and attracted the very big companies. Not only in the Canadian province of Yukon, but also in the neighbouring regions of Alaska or British Columbia, people are busily searching for the coveted precious metal. The high demand for gold and the laws that are favourable and progressive for mining companies attract many gold companies. Also, the existing infrastructure, which is not available everywhere in the rather inaccessible area, is a plus for companies that own it.
Here in the Yukon, for example, Victoria Gold has been producing the much sought-after precious metal in its Eagle Gold Mine since the third quarter of 2019 and at full production, which will still be reached in 2020, around 210,000 ounces of gold per year will see the light of day. This at a low total cost of less than 800 US dollars per troy ounce and a lifetime of at least ten years. Further exploration potential is also available (Greater Dublin Gulch area). There are good road links and connection to the electricity grid.
An investment in companies that have set up camp in the well-known Yukon could therefore be suitable for a small personal gold rush. Investors who don't want to bet only on one company can find royalty companies like Osisko Gold Royalties. With its focus on North America, the company owns over 135 precious metal offtake and licensing agreements. A major item in the portfolio is the investment in the Canadian Malartic Mine.
Latest company information and press releases from Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/) and Victoria Gold (https://www.resource-capital.ch/en/companies/victoria-gold-corp/).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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