At Dawson on the Klondike River, soon a hundred thousand and more gold seekers, not only from the USA, but also from Europe or Asia, were cavorting. The Klondike is a tributary of the Yukon. It was the time of an economic crisis. Some became rich, others came away empty-handed, some even paid with their lives. Major mining companies, as well as ports, railroads, outfitters and traders profited from the gold rush. So, on August 16, 1896, George Carmack found the first gold here.
The gold washers used pans, vibrating tables or fine washing troughs. The gold was then filtered out by hand. The coveted gold was already extracted in antiquity, namely from soap deposits. Even the Romans had slaves mine gold-bearing rocks. And in the 14th/15th century, the largest gold mining area in Europe was in the Hohe Tauern mountains. The so-called miners mined ten percent of the world's gold production there at that time.
Even today, the area around the Yukon is interesting for gold companies, although the way of searching for gold has of course changed a lot. In the Yukon today, for example, Victoria Gold - https://www.youtube.com/watch?v=VnKfKu9ho9A - is producing at its Eagle Gold Mine. In 2020, commercial production began and by 2021, production volumes are expected to reach 180,000 to 200,000 ounces of gold at all-in sustaining costs of $1,050 to $1,175.
There are also gold deposits in the neighboring region of British Columbia. There, for example, Ximen Mining is located with three precious metal projects.
Ximen Mining - https://www.youtube.com/watch?v=kycnXhwfM68 - owns two high-grade gold projects in British Columbia, Amelia and Brett. In addition, there is the Treasure Mountain silver project and control of the Kenville gold mine.
Latest corporate information and press releases from 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.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/
