La Teko Resources Ltd. acquired the Scheelite Dome gold property from Kennecott Canada Exploration Inc. in 1998. Kennecott had explored the central Yukon property since 1994. The strongly deformed Yusezyu Formation of the Upper Proterozoic-Lower Cambrian Hyland Group underlies the property and is intruded by unfoliated mid-Cretaceous granitic stocks, dykes and sills of the Tombstone Plutonic Suite (TPS). Vein-type (both metasediment- and granite-hosted), skarn and replacement mineralization on the property is associated with the TPS intrusives.
Mapping, trenching and drilling by Kennecott identified numerous structurally controlled metasediment-hosted zones of mineralization within an east-west 3.5 km by 1.4 km > 40 ppb, gold soil anomaly. In 1997, a 13 hole 1052 m reverse circulation drill program tested the gold soil anomaly with the two best holes returning weighted averages of 0.48 g/t gold over 29 m (RC97-4) and 0.41 g/t gold over 61 m (RC97-11). In 1998, a seven hole 1268 m diamond drill program by La Teko tested targets defined using a combination of soil and rock gold anomalies, geological structures and chargeability and resistivity anomalies. Results included intersections of 1.04 g/t gold over 14.9 m, 1.07 g/t gold over 12.1 m, and 3.67 g/t gold over 7.7 m.
