Latest Yukon News

BMC Minerals has reported high-grade polymetallic drilling near its proposed Yukon mine, alongside a US$8.6 million quarterly operating cash outflow and five quarters of funding at current spending rates. The company also detailed the secured Wheaton financing arrangement that underpins part of the KZK project’s funding position.

BMC Minerals has intersected significant silver, zinc, gold, copper and lead mineralisation in all nine reported holes at the Rhyolite Peak prospect, 1.2km from its proposed ABM mine. Six further assays are pending as the company moves toward completing its 20,000m 2026 drilling program.

Renegade Exploration has sharpened its portfolio around Nevada and Yukon exploration, with several targets moving towards drilling after high-grade surface results. But the ASX-listed junior ended FY2026 with just $59,869 in cash and an auditor-highlighted material uncertainty over its ability to continue as a going concern.

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

Renegade Exploration has boosted and prolonged its loan facility to $2 million, using shares from its recent Carpentaria JV sale as additional security to support ongoing exploration.

Vita Resources reports promising initial auger drilling results at Ninnis Gold Project, prompting an expanded program targeting key fault zones. The company also secured $2.9 million in a two-tranche placement to fund exploration across its diverse portfolio.

Renegade Exploration has divested its 22% stake in the Carpentaria Joint Venture to True North Copper for $2.88 million, securing cash, shares, performance rights, and a new Queensland gold project, while preserving exposure to key copper assets.

Vita Resources has raised $2.9 million through a heavily supported share placement to accelerate exploration at its Australian and Canadian projects, while pursuing new gold and critical minerals opportunities.

BMC Minerals advances its 20,000m 2026 drilling campaign at Kudz Ze Kayah with standout high-grade sulfide intercepts at the Fuego Prospect, confirming a shallow mineralized zone adjacent to the proposed ABM Mine.

Vita Resources NL is accelerating exploration across its diverse portfolio, expanding drilling at its Ninnis Gold Project in WA and confirming polymetallic upgrades at its ICE Project in Canada.

Independent analysis by the University of Tasmania’s CODES endorses Right Resources’ Pilot Project as a Reduced Intrusion-Related Gold System, highlighting significant gold and tungsten prospectivity in Tumbarumba, NSW.

BMC Minerals has cleared a major regulatory milestone for its ABM Mine in Yukon and reported thick, high-grade massive sulfide intercepts at its Krakatoa Zone, supporting resource expansion and a 2027 Final Investment Decision target.