Milestones

2006
May 2006
Completion of Hatch Feasibility Study
June 2006
Addition of Raymond Mah as Chief Operating Officer and other development team members secured
July 2006
Commence optimized feasibility study with Wardrop Engineering
Dec 2006
Quartz Mining License received for mine construction
2007
Jan 2007
Completion of Optimized Feasibility Study by Wardrop Engineering indicating strong project economics
Feb 2007
Independent Engineers Report (Pincock Allen & Holt) for Wardrop Feasibility very favourable and finds no significant problems
March 2007
Engagement of Barclays Capital to lead US $140M
senior debt financing: provides strong project endorsement
June 2007
Advancing remaining US $75M equity financing
June 2007
Complete $10.2 M financing April 2007; and $5M FT on June 8, 2007
June 2007
Wolverine access road construction started
Aug 2007
Barclays Capital US $140 M committed term sheet
Sep 2007
Yukon Zinc Announces Completion of Wolverine Access Road
Oct 2007

Secured Type A Water License

** This information may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of failure to complete the proposed financing, failure to obtain necessary regulatory or shareholder approvals, exploration and other risk factors beyond its control and actual results may differ materially from the expected results.


 
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