Old gold mining areas still offer opportunities today
Whether in the legendary Yukon region or in other regions of Canada that produced gold in the past, gold is often still abundant there
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All you have to do is find the gold. In the extreme northwest of Canada, in the Yukon, you can still find gold today by panning. Large scale gold mining is still going on here today. According to the Yukon Ministry of Energy, Mines and Resources, gold mining is still an important pillar of the economy there. From the beginning of the gold rush until today, about 20 million ounces of gold have been extracted from the ground.
Today, gold companies like Victoria Gold are continuing the history of gold. In the centre of the Yukon Territory, Victoria Gold owns the Eagle Gold Mine, which started production last year and is the youngest gold mine located there. Located in Greater Dublin Gulch, it will yield approximately 210,000 ounces of gold annually at a low overall cost.
In another area of Canada, Ontario, gold was found at the same time as in the Yukon, in 1896. This is the Goudreau-Lochalsh area. There is also a gold project worth observing there, the Trillium Gold Project in Trillium Mining's Michipicot Greenstone Belt (Wawa Goldkamp). A neighbouring gold mine produced approximately 150,000 ounces of gold in 2019. The infrastructure is also excellent and the location in an established mining camp with proven potential should help the company to succeed.
Current company information and press releases from Victoria Gold (https://www.resource-capital.ch/en/companies/victoria-gold-corp/) and Trillium Gold Mines Inc. (https://www.resource-capital.ch/en/companies/trillium-gold-mines-inc/).
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