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Gold/Mining/Energy : A Yukon Mining & Exploration Chat Group

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To: David Luton who wrote (22)	3/1/1998 3:41:00 PM
From: Kaiser Soza	Read Replies (1) of 59

Dear David, I agree with you and the Lone Ranger that the UKH/NDU combo should be the premier play in the Yukon over the next few months due to the fact that everything is ready to go as soon as financing is secured. Regarding the Yukon in general, the NDU "group" (Archer Cathro & Associates now Archer Stephen) is, and has been, without question the dominate mining engineering group in the Yukon over the past 30+ years. They have a historical database on a huge number of projects dating back to when the oil and gas companies use to be in the mining business. Although the NDU/Keno situation is "front burner" they have a 55 million ton, and growing, coal reserve in Cash Resources which hopes to create an export and power project in the Yukon. As you are probably aware, cheaper power is a big issue in the Yukon. In addition they operate Expatriate Resources and Nordac Resources. The bloom seems to be off in so many of these "exotic and sexy" third world plays, that strong interest should return to a place like the Yukon where opportunities are abundant and the government is aware that good mining policies will be the economic salvation of the area.

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