CanNor is investing $390,951 to support three projects that will generate awareness about Yukon's mining industry to both Yukoners and potential investors and support training and job opportunities for local people related to resource development.
CanNor funding will be used to highlight investment opportunities in Yukon's mining sector, specifically at the 2013 Prospector and Developers Association of Canada (PDAC) International Convention in Toronto March 3-6, 2013. This will be done through a marketing campaign focusing on partnerships in Yukon's mining industry. YGMA activities also include hosting a mining investment conference in Whitehorse June 16-19, 2013 which will offer site tours to potential investors.
The Yukon Gold Mining Alliance is a marketing consortium of qualified Yukon exploration, development and mining companies committed to increasing awareness of its member companies, and the Yukon, in capital markets. Its objectives are to promote established qualified companies engaged in mining activities and significant project expenditure in Yukon.
CanNor funding will be used to develop and deliver a two-day Community Mining Awareness Workshop tailored for the Yukon, in 13 Yukon communities. The Workshop will provide an overview of the mining life cycle, economic benefits and opportunities, environmental and social impacts and local site visits to mine sites or exploration projects near the communities. The project would pilot workshops in Mayo, Watson Lake and Teslin in early 2013/14 and deliver to the remaining ten Yukon communities in late 2013/14.
The Yukon Mine Training Association (YMTA) is a partnership between Yukon's mining and resource-related industries and First Nations. It is committed to working together to maximize employment opportunities emerging from the growth of the mining and related resource sectors in the North for First Nations and other Yukoners.
CanNor funding will be used to support the development of a formalized working relationship between the Tr'ondëk Hwëch'in First Nation (THFN) and Kaminak Gold Corporation (KGC) with respect to KGC's Coffee Creek Gold Project, a high-grade oxidized gold project in the emerging White Gold District in Yukon. An agreement will provide for meaningful participation of the residents of the THFN during the exploration, advanced exploration and construction planning phases of the Coffee Creek Gold Project.
Investment in this project is made possible through CanNor's Strategic Investments in Northern Economic Development (SINED) program, which focuses on long-term economic growth, economic diversification and capacity-building across the North.
SINED is one of several economic development programs within CanNor. CanNor was created to directly enable northern workers and businesses to take advantage of the economic resources and opportunities that exist where they live. CanNor delivers on its exclusive northern mandate through funding programs, providing project management services, leveraging the federal role in the North, serving as a champion for northern interests, and undertaking policy and research.
