Near Term Plans

  • Initial phase of exploration drilling to be conducted over the next 18 months.
  • Program will satisfy remaining work commitments under existing exploration permits of about $18 million.
  • Initial program is at least a 5 well program to extend initial tenure of permits and explore broad basin potential.
  • A base camp is currently being built adjacent to the Dempster Highway to support field operations.
  • First well to commence drilling during the summer.

Longer Term Plans

  • Analyze initial exploration drilling results.
  • Perform further work directed by those results.

Follow up work may include:

  • Additional exploration and appraisal including seismic and drilling;
  • Development drilling, processing facilities and shipping infrastructure;
  • Production delivered to growing Yukon and possibly export markets.

Production decision depends on:

  • Size of any discovered resources;
  • Cost of development;
  • Market size.


Recent News

NCY Addendum Statement

Nov 21, 2015

Northern Cross Yukon Ltd.

Drill Cuttings and Mix Bury Cover

Future Wells Statement

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NCY Statement

Nov 20, 2015

Northern Cross Yukon Ltd.

Drill Cuttings and Mix, Bury, Cover

2012-2013 Exploration Drilling Program

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