UKONEOLOGICAL URVEY

YG S

For more information, contact:

www.geology.gov.yk.ca

Lara Lewis, Mineral GeologyYukon Geological Survey

867-667-8518lara.lewis@gov.yk.ca

The exploration activity data represented on this map werecompiled by the Mineral Resources Branch. This is apreliminary map created using the best available information atthe time of publication and will not be finalized until January 2016.Please contact mining@gov.yk.ca for further information.

British Columbia

Northwest Territories

Ala

ska

KENO HILLSILVER DISTRICT

MINTO

WOLVERINE

CARMACKSCOPPER

EAGLE GOLD

CASINO

MACTUNG

LONESTAR

PLATEAUSOUTH

BOULEVARD

HOPPER

NADALEENTREND

WELLGREEN

KLAZA

KUDZ ZEKAYAH

COFFEEPROJECT

SELWYNPROJECT

MARSHLAKE

GEORGECREEK

SE YUKONNEPHRITE

CLEARLAKE

ROD

MT. GOOD

CRAGEAST

NORTHRACKLA

MEL

HY

MEISTER

CLINT

BLIND

STAFF

WATT

HARRY

GATOR

OOO

LLL

EUREKA

BYNG

GRAM

MOUNTHINTON

RUSTY

KING

MAGNUM

TOP

SULPHUR

TESLINMOUNTAIN

SAMP

JUDASCK GOLD

FLORENCECREEK

RANCHERIA

HAINES ROADAEROCHEM

REID

WILLOW

KELLICLAIM

BIG SALMON- EVELYN CREEK

KATE

TELL

POKER

BALLARATPROJECT

MICHELLE

YUKON BASEMETAL PROJECT

VAL-JUAL

RUDE CREEKGOLD

JAKESPROJECT

CLEARCREEK

LUCKYSTRIKE

KLUANE

3ACE

50 MILEPROJECT

CONNAUGHT REDMOUNTAIN

DIME

SWEDECREEK

GOODMAN

MAYOLAKE

MARIPOSA

MARSPROJECT

KLUANELAKE WEST

STU

SPY

LEOTA

CL

WELSGOLD

HYLANDGOLD

CANOPUS

HainesJunction

BeaverCreek

DawsonCity

Mayo

Carmacks

Old Crow

WatsonLake

Ross River

Whitehorse

Skagway

Haines

Yukon Mining andExploration Projects 2015

0 100 200Kilometres

DRAFT October, 2015

MAP FEATURESCommunity

Capital City

Deep Water Port

Transportation Routes

Primary Highway

Secondary Highway

Parks and Protected Areas

National/Territorial Park

Interim Withdrawn

Mineral Tenures

Staked in 2015

Active and Pending

Generating Stations

Diesel

Hydroelectric

Liquified Natural Gas

Transmission Line

< 138 kV

138 kV

Proposed Infrastructures

Foothills Pipeline R/W

Transmission Line

ExpendituresProjects with >$500,000 in expenditures are large symbolsProjects with <$500,000 in expenditures are small symbols

MINING AND EXPLORATION PROJECTSCommodity

Tungsten

Silver

Gold

Copper

Jade

Nickel +/- PGE

Lead/Zinc

Unknown

Drilling Program

Indicates Drilling Program

Permitted Mine

Producing

Temporary Closed

Permitted

In Assessment

In Progress

Completed

Exploration Projects - Deposit Type

Porphyry/Sheeted Vein

Skarn/Replacement

Sediment Associated

Vein/Breccia

Volcanic Associated

Mafic/Ultramafic Associated

Unknown

0

50

100

150

200

250

300

350

$ Cd

n (m

illio

ns)

Year

Yukon Exploration and Development Expenditures by Year

exploration

development

Klaza - Rockhaven Resources Ltd.Epithermal gold-silver. Diamond drilling (13 738 m in 56 holes) on thehigh-grade western BRX, Klaza and BYG zones, (e.g., DDH 291 - 5.89 g/t Auand 75.6 g/t Ag over 4.43 m). Environmental and engineering studies.Working on updated mineral resource and completion of a PreliminaryEconomic Assessment in 2016.

Tiger gold deposit, Rau Trend, Rackla Gold Project - Atac Resources Ltd.Carbonate-hosted gold. 1400 m of diamond drilling in 18 holes, 14 shallowinfill and expansion holes and 400 m of trenching to test the near surfaceextension of the deposit. The program focused on completing theoptimization work to advance the project toward pre-feasibility.

Dublin Gulch (Olive zone) - Victoria Gold Corp.Intrusion-related gold. Metallurgical testing on Olive zone drillcoredemonstrated favourable heap recoveries. Resource estimate on Olive zoneunderway to be later incorporated into an updated feasibility study.

Lonestar - Klondike Gold Corp.Orogenic gold. Diamond drilling (19 holes, 1374 m) on targets with visiblegold in quartz veins. Drill hole EC15-10 near Gay Gulch intersected 75.6 g/t Auover 2.8 m. The company also carried out a drone orthophoto survey, 1000 mof induced polarization and remediated historically disturbed areas.

Boulevard - Independence Gold Corp.Vein gold. Ground magnetics, geological mapping. Reverse circulation drilling(1746 m in 13 holes) testing soil anomalies resulted in two new discoveries:Sunrise zone (BV15-31 - 7.23 g/t Au over 12.2 m) and the Denali zone (YCS15-03 - 4.25 g/t Au over 6.10 m).

Plateau South - Goldstrike Resources Ltd.Vein gold. Shallow drilling (11 holes, 924.1 m) at Goldstack and Gold Dome prospects. At Goldstack, a 30 m step-out hole (PSGS15-01) assayed 13.5 g/t Au over 17.5 m (from 22.0 - 39.5 m) and remains open at depth.

Mt. Good and North Rackla - Cantex Mine Development Corp.Vein gold. 156 Rotary Air Blast drill holes at North Rackla. Fire assays of RABsamples up to 183 ppb Au. Infill soil-talus sampling at Mt. Good and NorthRackla - results are pending.

Wels Gold Property - Gorilla Minerals Corp.Intrusion-related gold. Five diamond drill holes.DDH Wels 15-01 - 1.1 g/t Au over 97.5 m.

Hyland Gold - Banyan Gold CorpVein gold. Diamond drilling – 740 m in 3 holesDDH HY 15-46 – 76.3 m of 0.32 g/t Au.

Wellgreen - Wellgreen Platinum Ltd.Mafic/Ultramafic intrusion-hosted PGM-Ni-Cu+Au.Phase 1 - Infill and offset diamond drilling. Phase II program this winter - diamond drilling, metallurgical work, engineering and baseline environmental and socio-economic assessment studies. March 2015 PEA - open pit with annual production of 209,000 oz PGEs + gold and 128 Mlb Ni+Cu concentrate for first 16 years. Milling (First five years) -25 000 tpd; conventional sulphide flotation.

Exploration Projects (precious metals cont’d)Exploration, Development and MiningIntroduction

Mining

Coffee property - Kaminak Gold Corp.Orogenic gold. Working toward feasibility(expected Q1 2016). Completed 70 000 m of infilldrilling on four of the main deposits in 2015.Updated resource (Sept 2015): 52.4 Mt @ 1.68 g/tAu (2,824,000 oz) indicated and 42.7 Mt @ 1.52 g/t Au(2,088,000 oz) inferred. Engineering work is well underway.

Nadaleen Trend - Rackla Gold Project - Atac Resources Ltd.Carlin-style gold. Rotary air blast drill program at the Anubis Cluster resulted inthe discovery of the Orion target: ARB-15-026 assayed 3.79 g/t Au over 47.24 m. A single diamond drillhole at the Conrad zone within the Osiris Cluster returned 3.02 g/t Au over 124.96 m in diamond drillhole OS-15-231.

Exploration Projects (precious metals cont’d)

Exploration Projects (base metals)

Advanced ProjectsExploration Projects (precious metals)

Wels gold exploration propertyNew Orion Discovery at Atac Resources Ltd.’s Rackla Gold Project

Capstone’s Minto mine site from the air

85 exploration projects - $61 million in expenditures

Geologists at the Kudz Ze Kayah exploration camp

Junior exploration companies in Yukon continued to brace themselves against unfriendly equitymarkets. Exploration spending decreased from $80 million in 2014 to $61 million in 2015. It should be noted, however, that a single large project can skew the exploration spending numbers in a small jurisdiction like Yukon. Selwyn-Chihong Mining Ltd. spent $32 million on exploration in 2014 (40% of total exploration spending for that year), but just over $8 million in 2015.

There were 14 drill programs in the territory this year, an increase from the 10 drilled projects of the previous year. Of the 85 exploration projects, 11 projects are projected to spend over a million dollars. Almost 60% of exploration programs were searching for gold; the remainder for lead, zinc, copper, nickel, silver, platinum group metals and jade.

Levels of funding for the Yukon Mineral ExplorationProgram (YMEP) remained at C$1.4 million. Thisprogram is consistently oversubscribed. The fundswere distributed to 48 placer and hard rockexploration projects to offset exploration costs.Although some companies dropped out of theprogram early on due to the inability to raisematching funds, several late season programs wereable to receive funding.

Development spending for 2015 is estimated at $27.5million, primarily for work at Capstone Mining Corp’s Minto mine and Selwyn-Chihong’s Selwyn project.

Minto Mine - Capstone Mining Corp.copper-gold-silverOpen pit and Underground

Q1-3 2015 Production: 12 065 t of copper, 11,794 oz Au, 118,000 oz AgMilled 3828 tpd at a head grade of 1.36% Cu, 5 g/t Ag and 0.49 g/t Au.

The Minto Mine is the only hard rock mine currently operating inYukon. In August 2015, the company received its water use licence to allow for stripping at the Minto North deposit. Capstone expects to start supplementing the mill feed with Minto North ore in Q4 2015.

Keno Hill - Alexco Resource Corp.Silver-lead-zinc vein. Drill-definition of Bermingham deposit (2595 m, eight holes); DDH intersected 7462 g/t Ag over 4.98 m (true thickness). Updated resource estimates in April 2015 for Bermingham (6.0 Moz indicated & inferred) and Flame & Moth (30.7 Moz silver – indicated and inferred).

Selwyn lead-zinc deposits - Selwyn-Chihong Mining Ltd.Sedimentary Exhalative. Engineering and environmental studies; exploratory, definition, metallurgical and geotechnical drilling 10 000 m (64 holes) of drilling in support of a new pre-feasibility study to be completed by the end of 2015. Socio-economic participation agreement with the Kaska First Nation will be voted on by First Nation members in early 2016.

Kudz Ze Kayah - BMC Minerals Ltd. Volcanogenic Massive Sulphide. ~23 000 m of infill diamond drilling and exploratory step-out holes at the ABM and GP4F deposits. Relogged 19 000 m of historic drillcore, 75 line km of ground gravity and a VTEM survey. Advancing project through pre-feasibility in 2016.

Hopper property - Strategic Metals Ltd.Copper-gold skarn and porphyry. Historic drilling identified shallowly dipping copper-rich skarn horizons. Deeper drilling in 2015 intersected gold-rich new horizons (e.g., DDH 15-01 - 12.15 g/t Au and 0.95% Cu over 2.65 m (true thickness)), 340 m north-northwest of historic drilling.

Carmacks Copper - Copper North Mining Corp.Copper-gold-silver. Exploration in support of a pre-feasibility study. Phase one - 2500 m of infill diamond. drilling. Phase two - infill, step-outs and definition of near-surface oxide mineralization. Updating resource estimate and continuing to work on optimizing the economics of the project.

Marg and Fyre Lake properties - Minquest Ltd.Volcanogenic massive sulphide. Exploration programs were not carried out on these properties in 2015; however, Minquest released updated JORC-compliant resources based on refined geological interpretations for both properties in 2015 and plans to complete a scoping study on the Marg project by the end of 2015.

Eagle gold deposit - Victoria Gold Corp. Quartz mining license issued September 2013. A production decision is on hold until equity markets recover.

Mactung tungsten skarn deposit - North American Tungsten Ltd.Received YESAB approval in September 2014. Filed for court protection under the CCAA in June 2015.

Casino copper-gold porphyry deposit - Western Copper and Gold Corp.YESAB assessment of project restarted in November 2014.

Bellekeno Mine & Keno Hill deposits - Alexco Resource Corp.silver-lead-zincThe Bellekeno mine is under interim suspension of operations. Other deposits along trend,(e.g., Flame & Moth and Lucky Queen) are being advanced. Engineering and permitting activities are underway for the Flame & Moth deposits.

Wolverine Mine - Yukon Zinc Corp.zinc-lead-copper-silver-goldThe Wolverine Mine was placed on care and maintenance in January 2015.

Yukon Geological Survey

Lara Lewis

Yukon Hard Rock Exploration, Development and Mining, 2015