Yukon Mining Alliance Announces Four New Members & Upcoming Marketing Schedule

WHITEHORSE, YUKON, Oct. 31, 2016 /CNW/ - Yukon Mining Alliance is excited to announce the addition of four new members: Goldcorp Inc. (TSX: G, NYSE: GG), Independence Gold Corporation (TSX.V: IGO), Metallic Minerals Corp. (TSX.V: MMG) and Strategic Metals Ltd. (TSX.V: SMD) effective immediately. They will join existing members, Alexco Resource Corporation (TSX: AXR, NYSE-MKT: AXU), ATAC Resources Ltd. (TSX.V: ATC), Banyan Gold Corporation (TSX.V: BYN), Northern Freegold Resources Ltd. (TSX.V: NFR), Rockhaven Resources Ltd. (TSX.V: RK), Victoria Gold Corporation (TSX.V: VIT), Wellgreen Platinum Ltd. (TSX: WG), and Western Copper and Gold Corporation (TSX: WRN, NYSE-MKT: WRN).

"I am pleased to welcome four new companies as members to our organization", said Paul West-Sells, Yukon Mining Alliance Chair, "For the past six years Yukon Mining Alliance has recognized the leading mining companies in Canada's Yukon Territory. The addition of these companies demonstrates the advancement in our sector and we look forward to working with them to continue the promotion of the Yukon as a secure and progressive jurisdiction to invest in."

"Goldcorp welcomes the opportunity to join the Yukon Mining Alliance. The Yukon has a rich mining history with exceptional local talent and we are committed to advancing this great mining jurisdiction," said Buddy Crill, Project Coffee Mine General Manager, Goldcorp Inc., "We look forward to developing Coffee, working together with the Yukon community to ensure safe, environmentally responsible and profitable operations."

"The Yukon Mining Alliance is unique in the partnerships it creates between companies and with all stakeholders; these partnerships are needed to maintain a strong and prosperous industry in Yukon," said Randy Turner, President and CEO, Independence Gold.

"The Metallic Minerals team is excited to become a member of the Yukon Mining Alliance and we look forward to working with the other member companies advancing mineral exploration and development in the Yukon," said Greg Johnson, CEO & Chairman, Metallic Minerals.

"We are very pleased to join an organization that is a strong advocate for mining and exploration in Yukon," said Doug Eaton, President and CEO, Strategic Metals Ltd.

This announcement comes at the height of the marketing season for the Yukon Mining Alliance. In July 2016, Yukon Mining Alliance hosted the annual Invest Yukon Property Tours where investors and media from across the world travelled to Yukon and visited member projects, as well as participated in the first Yukon Mining Investment Conference. Over the next few months, the Yukon Mining Alliance will be on the road promoting Yukon and the membership in financial jurisdictions in Canada, the United States and Europe. This week, Yukon Mining Alliance and members will be in Zurich and London for the Precious Metals Summits connecting European investors with the Invest Yukon story. For the full itinerary please visit our website at www.yukonminingalliance.ca.

Additionally, the Yukon Mining Alliance, in partnership with Yukon Government and the Northern Miner, recently released the first in a series of Yukon project interviews with Northern Miner's Western Editor, Mathew Keevil and company CEO's. These interviews provide on-location corporate updates on Yukon's leading exploration and mining projects and began with Goldcorp Inc. in September. To view all videos please visit: www.northernminer.com or www.yukonminingalliance.ca. 

About the New Members:

Goldcorp Inc. recently invested in the Yukon through the acquisition of Kaminak's Coffee Gold Project. As a leading world-wide gold producer, they are focused on responsible mining practices with safe, low-cost production throughout the Americas. Goldcorp focuses on five key attributes to achieve its goals: high quality production, low cash costs, maintaining an investment grade balance sheet, operating in regions with low political risk, and conducting business in a responsible manner. The Coffee Gold Project is located approximately 200 km south of Dawson City, Yukon. www.goldcorp.com 

Independence Gold Corporation is a mineral exploration company with current projects located in Yukon and BC, and a portfolio that ranges from early stage grassroots exploration to advanced-stage resource expansion. The Company is positioned to add shareholder value through systematic project advancement. At the same time, management continues to evaluate additional gold and silver projects for possible acquisition. www.ingold.ca 

Metallic Minerals Corp. is a growth stage silver and gold exploration company, focused on creating value through a disciplined entrepreneurial approach to exploration in the keno hill silver district and other areas of western North America that have been shown to produce top tier, "company-making" assets, and yet remain under-explored. This strategy is designed to reduce investment risk and substantially increase the chances for long term success. www.metallic-minerals.com

Strategic Metals Ltd. is a project generator at a very-large scale and currently has interests in more than 130 properties assembled by an accomplished exploration team utilizing a proprietary database. Through project farm-outs, investments, and royalty sales, the Company has grown its cash and shareholdings to more than $50 million. www.strategicmetalsltd.com 

About Yukon Mining Alliance

Founded in 2009, Yukon Mining Alliance ("YMA"), a strategic industry alliance of Yukon's leading exploration, development and mining companies, is focused on creating innovative capital attraction initiatives to promote Yukon's competitive advantages as a top mineral investment jurisdiction and its member companies and their Yukon-based projects. YMA's initiatives include international "investment focused" roadshows, conferences, events and campaigns in the North American and European financial markets. Funded largely by the member companies, YMA also receives financial assistance from Yukon Government.

SOURCE Yukon Mining Alliance

Anne Lewis, Executive Director - Yukon Mining Alliance, C: 867-335-1452, E: [email protected], W: www.yukonminingalliance.ca