Aben Gold secures Yukon mining licence for five-year exploration
Aben Gold has secured a five-year Class 3 Quartz Mining Land Use Approval from the Yukon Government for its Justin Gold Tungsten Project, covering 7,400 hectares and 375 mineral claims.
Aben Gold has secured a five-year Class 3 Quartz Mining Land Use Approval from the Yukon Government’s Department of Energy, Mines & Resources. The approval covers the company's flagship Justin Gold Tungsten Project, a 7,400-hectare, 100%-owned property in southeast Yukon. The licence permits a wide range of exploration activities starting 21 May 2026 and ending 20 May 2031, covering 375 mineral claims.
The approval is a significant milestone for Aben Gold, allowing the company to advance exploration at a project that targets both gold and tungsten. For precious metals traders, this highlights ongoing exploration activity in the Yukon, a region known for its gold mining history. While the news is company-specific, it underscores the broader trend of mining companies securing long-term permits to develop projects in politically stable jurisdictions, which can support future gold supply expectations.
Investors should watch for exploration results from the Justin Gold Tungsten Project over the coming years. The five-year timeline provides ample opportunity for Aben Gold to delineate resources and potentially move toward feasibility studies. For gold market participants, developments in the Yukon are a reminder of the importance of project-level news in assessing future production growth. NowPrice's gold page offers real-time pricing context for those tracking how such exploration news may influence market sentiment.