Welcome To The Yellowjacket Resources HUB On AGORACOM

Yellowjacket Resources (YJK:TSX-V) is a junior Canadian mining exploration company operating near Atlin B.C. at it's Yellowjacket Gold Project. The company is headquartered in Cranbrook, B.C. and is managed by the same team that brought you Eagle Plains

Yellowjacket Resources Profile

Corporate Goal

The goal of Yellowjacket Resources is to focus it's efforts on it's single project, the Yellowjacket, located 9km east of the town of Atlin, B.C. These efforts are to include:

Resource development of the gold mineralization at the three known zones and other zones located within the project. The three known zones are Rock of Ages, Yellowjacket and Gold Run. See a map of these at the projects page

To incorporate mining expertise into the company in order to operate and develop the existing mine & pit

Corporate Highlights:

The Yellowjacket Project is located 9 km east of Atlin, BC and is accessed by all-season road
Hydro-electric power is located within 5km of property boundaries
The project received a B.C. Mines Act permit in July, 2009 for an open pit gold mine and onsite 400 tpd mill and concentrator, processing up to 75,000 tons per year
The permit contemplates a 7–9 year mine life from a series of open pits entirely within an area of disturbed placer workings
Gold may be recovered using a simple gravity concentrating recovery plant without the use of chemicals or additives
Yellowjacket Resoures owns both mineral (hard-rock) and placer rights within the Project area
The project is located within the traditional territory of the Taku River Tlingit First Nation who have entered into a formal Impact and Benefits Agreement with respect to the project
Eagle Plains will transfer to Yellowjacket its entire interest in the Yellowjacket Project, an additional $500,000 cash and certain investments to provide working capital and exploration funding

Corporate History

In December 2011, Yellowjacket Resources was created by way of plan of arrangement and spun-off from Eagle Plains Resources on a one for three share basis to the shareholders.

For more information about the Yellowjacket Project, navigate to the project page

Updated December 20, 2011

Last changed at 05-May-2012 05:24PM by Moneytospend