Daulton Capital Corp. is currently focused on Canada’s Yukon Territory, based on findings that could suggest the area’s long undiscovered Mother Lode. The area has produced outstanding drill results by junior exploration companies, including a report by Underworld Resources (recently acquired by Knross Gold Corp.) showing significant gold mineralization thicknesses, including 3.39 g/t over 104 meters.
The Yukon is one of the most geologically prospective and pro-mining jurisdictions in the world, with the potential to continue for years to come in the view of many in the industry. These recent positive findings, some of which are the largest ever recorded in the Yukon, have sparked a land rush, with several knowledgeable mining industry personalities calling the discovery the best new gold finding in Canada in the last several years, and perhaps even the link to the Mother Lode that was never found during the original Klondike gold rush.
Currently there are more than 20 publicly listed junior mining companies who have laid various claims in the area. The White Gold District lies within the Tintina Gold Belt (a 200-km-wide, 1,200-km-long arc extending from northern British Columbia into southwest Alaska) and is underlain by rocks of the Yukon-Tanana geologic terrane. The Tintina Gold Belt includes such large gold deposits as Pogo (3.6 M ozs P & P reserves), Fort Knox (3.8 M ounces P & P reserves, 1.7 M ozs M & I resources), True North, Donlin Creek (29.3 M ozs Au Proven & Probable reserves, 6.0 M ozs Au Measured & Indicated resources) and Shotgun.
For additional information, visit the company’s website at www.DaultonCapital.com
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