Stina Resources LTD. - Yukon
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YUKON KODIAK GOLD PROPERTIES

 

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In 2009 Stina acquired a 100% interest in the Kodiak Gold Property in the Yukon White District which has been going through a modern day gold rush led by Underworld Resources, and now Kinross, which has shown strong drilling results on its Golden Saddle and Arc targets.

Stina's Kodiak Property consists of 152 claims covering 30 square kilometers and ties on to the southern side of Underworld White Gold Property, south of Golden Saddle. The Kodiak claim block also straddles Thistle Creek, which was the richest placer gold creek in the area, producing more than 63,000 ounces of placer gold since the turn of the century.

The property also lies directly above the Kaminak Coffee and Latee properties, which have seen a tremendous amount of recent drilling activity.

A re-examination of the Geological Survey of Canada Database for similar positive indicators of white-style mineralization on the Kodiak property, found anomalous gold and arsenic levels in silt samples collected from streams that drain from the Kodiak property. The presence of elevated gold and arsenic values suggests potential for mineralization similar to that identified on the Golden Saddle and Arc targets.

As Kinross, Kaminak, and other junior mining companies operating in the White District have had considerable success using soil geochemical surveys to pinpoint areas of gold mineralization, Stina is optimistic that its initial program will identify targets on the Kodiak Gold Property. Stina has recently completed an initial sampling program on the Kodiak, which could be fast-tracked if targets are identified as there is an access road and airstrip along Thistle Creek.

Stina is now looking toward the upcoming exploration season to further additional work programs on the Kodiak property in an attempt to define a better understanding of the Kodiak property gold anomaly.



 
Copyright 2009-2011 Stina Resources LTD | Disclaimer | Properties | News | Corporate | Stock | Vanadium | Contact