Yukon Zinc purchased by Chinese interests

The acquisition of Yukon Zinc by Jinduicheng Molybdenum Group and Northwest Nonferrous International Investment Co has been completed. Yukon Zinc is focused on development of its silver-rich Wolverine project in southeast Yukon, Canada, and its large exploration land holdings in the Finlayson and Rancheria Districts. A bankable feasibility study was completed for the Wolverine Project by Wardrop Engineering in January 2007 indicating favourable project economics. The project has all of its main development permits and enjoys strong support from the Yukon Government and its local First Nations communities.