December 6, 2006 - Yukon Zinc receives Quartz Mining License Yukon Zinc Corporation (YZC.TSX.V) is pleased to announce that it has received its Quartz Mining License for development of the Wolverine Project in south central Yukon. The license provides for the development of the Wolverine project as a 1500 tonne per day underground mine producing zinc. [View News Release in PDF Format] |
October 23, 2006 - Yukon Zinc to Survey Swift and Logan Properties Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce that Bell GeoSpace Inc. of Houston, Texas, USA has been contracted to undertake an airborne gravity survey over the Swift and Logan zinc properties in south-central Yukon. [View News Release in PDF Format] |
October 16, 2006 - Yukon Zinc Appoints Hill Street Captial as Advisors Yukon Zinc Corporation (TSX.V - YZC) is pleased to announce the engagement of Hill Street Capital LLC as financial advisor to the Company. HSC will perform a review of Yukon Zinc's strategic alternatives and assist in the seeking of an equity investment from a strategic investor (the "Transaction") for its Wolverine Project in the Yukon. [View News Release in PDF Format] |
October 11, 2006 - Yukon Zinc Appoints Mark Lettes to Board of Directors Yukon Zinc Corporation (TSX.V - YZC) is very pleased to announce the appointment of Mr. Mark Lettes as a director of the Company. Mr. Lettes is a retired business man with extensive experience in mine finance, insurance, metal hedging and treasury functions. Most recently he was Senior Vice President and Chief Financial Officer of Apex Silver Mines Limited and prior to that provided similar services to Amax Gold and Amax Inc. [View News Release in PDF Format] |
October 10, 2006 - Yukon Zinc Grants Options for New CFO B.J. Gordon Yukon Zinc Corporation (TSX.V - YZC) announces that, subject to regulatory acceptance, it has granted options to its new Chief Financial Officer, B.J. Gordon. The options have a term of five years and provide for the purchase of 1,400,000 shares at a price of $0.25. [View News Release in PDF Format] |
October 10, 2006 - Expatriate October 2006 Warrant Expiry Yukon Zinc Corporation (TSX.V - YZC) provides notice of expiry of warrants dated October 21, 2006 and October 26, 2006. The warrants were issued in conjunction with an October 2004 financing by Expatriate Resources Ltd. Pursuant to a Plan of Arrangement, Expatriate changed its name to Yukon Zinc Corporation and dispersed shares of Pacfica Resources Ltd. to shareholders of record (see December 15, 2004 news release). The above Expatriate warrants are exercisable into one common share of Yukon Zinc Corporation and 0.092025 of a common share of Pacifica Resources Ltd. (TSX.V- PAX) on or before their expiry date. [View News Release in PDF Format] |
October 5, 2006 - Yukon Zinc Appoints Ms. B.J. Gordon as Chief Financial Officer Yukon Zinc Corporation (TSX.V - YZC) is pleased to announce the appointment of B.J. Gordon as the Chief Financial Officer (CFO) of the company effective immediately. Ms. Gordon has a Bachelors of Commerce from the University of British Columbia and is a Chartered Accountant with considerable experience in financial, corporate and regulatory reporting within the exploration and mining industry. Previously she has been CFO and other senior finance positions with Manex Resources Group. [View News Release in PDF Format] |
September 25, 2006 - Wolverine Receives Authorization of Environmental Screening Report Yukon Zinc Corporation (YZC.TSX.V) is pleased to announce authorization of the Screening Report by the Yukon Executive Council Office and Energy, Mines and Resources for the Wolverine Project. The purpose of the Screening Report is to summarize the results of the environmental assessment conducted on Yukon Zinc's Wolverine Project in the south east Yukon. It is the determination of these Responsible Authorities (RAs)... [View News Release in PDF Format] |
July 31, 2006 - Yukon Zinc Closes $5M Financing Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce that it has closed the C$5,000,000 brokered private placement financing, announced July 12, 2006. The private placement consisted of 8,000,000 Units at a price of C$0.25 per Unit for proceeds of C$2,000,000 and 10,000,000 Flow-Through Common Shares at a price of C$0.30 per share for proceeds of $3,000,000. Each Unit consists of one common share and one half warrant, with each full warrant being exercisable at C$0.31 per share during a one year period that expires on July 31, 2007. [View News Release in PDF Format] |
July 21, 2006 - Yukon Zinc Announces Pricing for Financing Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce the pricing of a previously announced $5 million brokered private placement offering of Flow-Through common shares and Units (the "Offering") (News Release July 12, 2006). The Offering consists of approximately $3 million in Flow-Through common shares at a price of $0.30 per share; and $2 million in Units priced at $0.25 per Unit. Each Unit consists of one Yukon Zinc common share and one half (1/2) of a common share purchase warrant. Each full common share purchase warrant will entitle the holder to purchase one common share of Yukon Zinc up to 12 months from closing, at a price of $0.31 per share. [View News Release in PDF Format] |
July 14, 2006 - Wolverine Review and Optimization Study Under Way Yukon Zinc Corporation (TSX.V - YZC) is pleased to provide an update on the Company's plans for review and optimization of the May 2006 Feasibility Study completed by Hatch Ltd. (see May 9, 2006 news release). The review and optimization study is being undertaken to evaluate opportunities for reduction of operating and capital costs and identifying operating improvements to increase cashflow for the proposed operations. The review and study is intended to provide clarity for investors as to development and operating costs, production output and project economics. [View News Release in PDF Format] |
July 12, 2006 - Yukon Zinc Announces $5M Financing Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce that it is undertaking a brokered financing for proceeds of up to $5 million with a syndicate led by Paradigm Capital Inc. and Blackmont Capital Inc., and including Dundee Securities Corporation and Canaccord Capital Corporation,collectively (the "Agents"). The financing will consist of approximately $3 million of Flow-through Common shares and $2 million of Units consisting of one common share and ½ warrant, with the warrant having a one year term. [View News Release in PDF Format] |
June 21, 2006 - Yukon Zinc Appoints Ex Placer Dome Manager Raymond Mah as Chief Operating Officer Yukon Zinc Corporation (TSX.V - YZC) is pleased to announce the appointment of Mr. Raymond Mah, P.Eng. as Chief Operating Officer of the Company effective immediately. Raymond has responsibility for all aspects of development and mining operations and in particular the review and optimization of the May 2006 Hatch feasibility study for the development of the Wolverine zinc-copper-lead-silver-gold deposit as an underground mine. He is a civil engineer, and has extensive experience in mine design, cost engineering and construction management associated with mine development and operations. [View News Release in PDF Format] |
May 16, 2006 - Feasibility Study Revised Yukon Zinc Corporation (YZC.TSX-V) announced the results of a feasibility study on its Wolverine Property on May 9, 2006. In the normal course of preparation of the 43-101 report on the feasibility study a computational error was discovered in the mining portion of the operating costs that were estimated by Yukon Zinc. The result of amending this error is to increase the mining cost from $24.93 to $35.18 per tonne and overall operating costs per tonne mined from $90.26/tonne to $100.51 per tonne. Yukon Zinc is undertaking a thorough review of all aspects of the feasibility study, which is expected to take several months. [View News Release in PDF Format] |
May 11, 2006 - Feasibility Study News Release Errata Yukon Zinc Corporation (YZC.TSX-V) wishes to correct three (3) pieces of information that were misstated in the recent news release (see release dated May 9, 2006) that summarized the Feasibility Study on the company's wholly owned Wolverine deposit... [View News Release in PDF Format] |
May 10, 2006 - Yukon Zinc hires ex-Placer Dome Purchasing Department Staff Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce that Mr. Lionel Labelle has joined the Company as Manager of Procurement and Contracts. Mr. Labelle will be responsible for all aspects of contracts and procurement for the development of the Wolverine zinc-copper-lead-silver-gold mine project. Joining Mr. Labelle is Mrs. Ruth Castillo who will assist Mr. Labelle in procurement and contracts management. Mrs. Castillo was also previously employed by Placer Dome Inc. in the purchasing department. [View News Release in PDF Format] |
May 9, 2006 - Yukon Zinc Completes Feasibility Study Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce the results of the feasibility study completed by prime consultant Hatch Ltd. and the sub-consultants. Hatch was engaged to prepare the study in accordance with the Standards of Disclosure for Mineral Projects as defined in National Instrument 43-101. Management and the Board of Directors are studying the document and assessing next steps in advancing Wolverine to production. Unless so noted all dollar amounts are in Canadian dollars. The feasibility study covers all aspects of the development of the Wolverine deposit as an underground mine and related infrastructure. (Amended to correct errata per May 11th news release.) [View News Release in PDF Format] |
February 28, 2006 - Yukon Zinc Corporation Expatriate Resources Ltd. Warrant Exercise Yukon Zinc Corporation (YZC.TSX-V) reminds shareholders holding warrants or options of Expatriate Resources Ltd. (now Yukon Zinc Corporation) that were issued or granted prior to completion of the December 16, 2004, Plan of Arrangement of Expatriate, that they are entitled on exercise to receive a fractional share of Pacifica Resources Ltd. With each common share of Yukon Zinc received on exercise of such warrant or option, the holder shall receive 0.09202465016 of a common share of Pacifica... [View News Release in PDF Format] |
January 24, 2006 - Yukon Zinc Corporation Project Financing Update Yukon Zinc Corporation (YZC.TSX-V) reported on December 19, 2005, that it had engaged Macquarie Bank Ltd. (Macquarie) to act as exclusive lead arranger of a project loan and related hedging facilities for Yukon Zinc's 100%-owned Wolverine high grade zinc-silver development project, located in southeast Yukon. Due diligence evaluation of the project is progressing as resource and feasibility information becomes available. [View News Release in PDF Format] |
January 13, 2006 - Yukon Zinc Corporation Grants Additional Stock Options Yukon Zinc Corporation (YZC.TSX-V) reports that it has granted additional stock options to directors, officers and employees to purchase up to a total of 5,658,000 common shares, bringing total options granted to 18,333,000 or 8.0% of the issued capital. The shares were granted under the Company's rolling stock option plan that provides for issuance of up to 10% of issued capital at any time. [View News Release in PDF Format] |
January 10, 2006 - Yukon Zinc Corporation Confirms Wolverine Deposit Resources Yukon Zinc Corporation (YZC.TSX-V) is pleased to announce an updated, NI 43-101 compliant mineral resource estimate for the Wolverine Deposit, Yukon. The new mineral resource estimate follows the completion of 55 additional fill-in drill holes as part of the recently completed $17 million test mining, definition drilling, feasibility, and engineering and environmental program. The new mineral resource estimate was prepared by Independent Qualified Persons... [View News Release in PDF Format] |