To build a successful base-precious metals exploration and development company focused on supplying the metal markets of the Pacific Rim. Yukon Zinc will fulfill its vision by bringing together exceptional projects, people and shareholders.

Yukon Zinc Corporation is a Canadian base-precious metal exploration and advanced staged project development company with properties in Yukon, Canada. Yukon Zinc's head office is located in Vancouver, Canada and trades on:

TSX Venture Exchange: YZC-TSX-V
Frankfurt Exchange: YK5.F
OTC:BB: YZCCF

History

Yukon Zinc (formerly Expatriate Resources) has spun-off two companies to sharpen its focus on the emerging Finlayson District in the Yukon, StrataGold Corporation in 2003 and Pacifica Resources Ltd in 2004. The sale of the gold assets to StrataGold and public financing of StrataGold created significant value for Expatriate shareholders. The second reorganization of our assets was the spin-off of the non-Finlayson District exploration properties to Pacifica Resources Ltd. symbol PAX.TSX-V (Now Selwyn Resources SWN.TSX-V), following which it distributed the Pacifica shares to shareholders and changed its name to Yukon Zinc Corporation. Yukon Zinc currently holds 5.4% of Pacifica.

Exploration

Yukon Zinc's base-precious metal deposits are all located within the Finlayson and Rancheria Districts in south central Yukon. The advanced stage silver rich Wolverine deposit and the Ice copper deposit are within the Finlayson District and 100% owned. The Finlayson District is Canada's newest massive sulphide district, and holds much promise of becoming a major new zinc-silver-copper-lead district. Yukon Zinc's 60% owned Logan zinc-silver deposit and 100% owned Swift base metal properties are located in the Rancheria silver district.

Yukon Zinc is currently advancing the exceptionally silver-rich Wolverine zinc-silver-lead-copper-gold deposit to production. Underground development and sampling, infill drilling and additional metallurgical studies have been completed on the Wolverine property. All major permits including, the Type 'A' Water Licence and Quartz Mining License have been approved and Wolverine is on a path to continue construction in 2008 with full production anticipated for late 2009.

The Wolverine deposit is located in South East Yukon, Canada, 237 km North West of the transportation hub Watson Lake and 441 km North East of the capital city Whitehorse.

Wolverine is the first mine development project in the emerging Finlayson Massive Sulphide District. The Project is proposed as an underground mine producing 1,700 tonnes per day run-of-mine feed and 1,400 tonnes per day of ore feed. The January 2007 Wardrop Optimized Feasibility Study suggests significant silver and gold output resulting in very low cash cost of production of zinc after by-product credits.

Measured & Indicated resources are 4.46 million tonnes grading 12.14% zinc, 354.8 grams per tonne silver, 1.16% copper, 1.69 grams per tonne gold and 1.58% lead (at US$80 cut-off). Measures and indicated resources are 1,193.9 billion pounds of zinc, 114.1 million pounds of copper, 155.4 million pounds of lead, 49.2 million ounces silver and 234,000 ounces of gold.