THEY LIVE!!!

Some Yukon explorers have recently started or completed private placements. Hooray! If the PP is for greater than $1million it means they can actually do some real work, not just stay alive.

arcus-pic

Arcus Development Closes Private Placements with Goldcorp 

$1,398,851 from Goldcorp as part of the deal for claims adjacent to Coffee project.

Precipitate Receives $1,200,000 Through Warrant Exercise by Strategic Metals Ltd.

Although Precipitate has some Yukon claims, this money will be spent in Dominican Republic. Strategic Metals works mostly in Yukon, so I see this as money leaving the territory. Not so good…

Northern Freegold Announces Private Placement and Closes First Tranche

$1,585,125 already closed, and probably more to come. Plus warrants.

Cariboo Rose Completes Casino “B” Option with Western Copper and Gold and Sells Back Nine Claims

OK, so no money changed hands in this one. But the Casino pit can now expand a bit. The pit edge of the current design at Casino terminates against the property boundary with Cariboo, not a geology or grade cutoff boundary. So expect them to add a few tonnes. Of course lack of tonnage is not really a problem at Casino…