Keno Hill Gold District Overview

The Keno Hill area has long been known for its spectacular silver deposits. It is Canada’s second largest silver producing area after Cobalt, Ontario, and has the distinction of being Canada’s highest grade silver camp. At one time Keno Hill miners were the highest paid in the World. However the Keno Hill area is being more talked about now for its gold potential as Victoria Gold Corp. readies its Eagle Gold deposit for production, and a host of juniors including Banyan Gold Corp., Generic Gold Corp. and Zonte Metals Inc. are aggressively exploring on adjacent properties. On the silver side, Alexco Resource Corp. has consolidated and continues to explore the former Keno Hill camp, and Metallic Minerals Corp. is also exploring for silver on its significant land package. Taku’s McQ and Keynote properties are strategically located at the centre of this new exploration and development boom.

Keno Hill is also the gateway to the Canada’s only Carlin-type gold belt where Atac Resources Ltd. is aggressively exploring its extensive Rackla gold project located some 75 kilometres north of Keno Hill. Similar to the White Gold area, the Rackla district is rapidly emerging from its initial discovery in 2009 to the development stage. Atac’s incredible success in the area has attracted the attention of mining giant Barrick Gold Corp. In April 2017, Barrick signed a major earn-in agreement to fund the Orion property that makes up the central Rackla project.

Not to be left behind, Newmont Mining Corp. signed a strategic investment agreement in April 2017 to fund the Plateau gold project held by Goldstrike Resources Ltd. Plateau is located 130 kilometres east of Keno Hill in a rather remote but highly prospective new gold district within the Hess River basin.