GOLD – Alix Resource Corp. June 11 announced it has acquired about 1,235 acres of mining claims directly to the east of Underworld Resources Inc.’s White Gold Property in the Yukon. Alix Resources said its property has now been completely ring-staked by Underworld, and from GSC mapping the Alix claims appear to host meta-sedimentary stratigraphy similar to the White Gold Property. Alix will pay the vendor, Blair Naughty, C$75,000 cash, 700,000 shares of Alix plus a 3 percent NSR with an option to buy back 1 percent for C$1 million. The company also agrees to spend C$250,000 over the next 12 months as a work commitment. Alix said it will be mobilizing a field crew to the property within a couple of weeks to begin a systematic geological and geochemical survey of the claim block. This work will include detailed silt sampling of streams draining the property, along with rock sampling and geologic mapping.

GOLD – Cloudbreak Resources June 15 announced it has acquired about 1,235 acres, or 512.5 hectares, of mining claims located directly to the east of Underworld Resources’ White Gold Property in the Yukon, located adjacent to the White Gold Property held by Underworld Resources. The company's property is adjacent to property acquired by Alix Resources, and both properties have now been completely surrounded by Underworld staking. Cloudbreak said GSC mapping indicates that its claims appear to be underlain by similar meta-sedimentary stratigraphy as the Underworld White Gold property. Cloudbreak will pay the vendor Blair Naughty, C$75,000 in cash, 1.25 million shares of Cloudbreak plus a 3 percent NSR with an option to buy back 1 percent of the NSR for C$1 million. The company also agrees to spend C$250,000 over the next 12 months as a work commitment.

FINANCE – Northern Freegold Resources Ltd. has completed C$8 million in private placement financing. The company announced June 16 it closed the C$5 million bought deal private placement announced May 28 with a syndicate of underwriters led by Canaccord Capital Corp. and including Dundee Securities Corp. and Haywood Securities Inc. A total of 10 million units were sold at an issue price of C50 cents per unit. Each unit consists of one common share of the company and one-half warrant with each whole warrant exercisable at a price of C25 cents for a period of 24 months from closing of the offering. The company announced June 18 it closed the C$3 million non-brokered portion of the private placement of up to comprising 6 million units under the same terms as above. The net proceeds of the offering will be used for general working capital as well as ongoing exploration on the Freegold Mountain Project in the Yukon Territory. All securities issued under the offering will be subject to a standard four-month hold period from the date of closing.

SILVER – Alexco Resource Corp. June 17 said a Designated Office evaluation report issued June 12 by the Yukon Environmental and Socioeconomic Assessment Board recommends that the Bellekeno Project in the Keno Hill silver district be allowed to proceed, subject to specified mitigation measures. The next steps in the mine approval process will be undertaken by the Government of Yukon and the Yukon Water Board. Approval to construct the mill will come with the issuance of the Quartz Mining Licence, expected later this summer, and approval to operate the mill will come with the Type A Water Use Licence, expected by the first quarter of 2010. This permitting timeline keeps the mine planning on schedule, with an anticipated formal production decision later this summer.

GOLD – Rockhaven Resources Ltd. June 17 announced it has acquired 100 percent interests in the Kluane, Gladstone and JPR gold properties in the Ruby Range of southwestern Yukon. Numerous native gold and arsenopyrite-bearing quartz-carbonate-vein zones have been discovered on the 8,900-acre Kluane property, which is located 50 kilometers, or 31 miles, north of Haines Junction. The 3,200-acre Gladstone property is located immediately south of Gladstone Creek, a placer stream that has produced over 40,000 ounces of gold. The property is road accessible and lies in a geological setting that is similar to the Kluane property. Rockhaven acquired 100 percent interests in the Kluane and Gladstone properties by making a C$100,000 cash payment. The vender retains a 1 percent net smelter return royalty on production from the claims. One-half of the royalty can be purchased for C$500,000. The 4,000-acre JPR property was staked by Rockhaven and is wholly owned with no underlying royalties. Rockhaven said the property hosts very strong gold-in-silt geochemistry.

GOLD - ATAC Resources Ltd. June 18 said it has completed the first hole of 2009 diamond drilling at its Rau gold property located in the Keno Hill area in central Yukon. ATAC said drill hole 09-19 intersected 65.07-meters of oxide mineralization hosted within a brecciated limestone unit. This first hole of the 2009 season, which started June 13, is stepped out about 100 meters to the northwest of hole 08-16, the most northwestern hole drilled in 2008. Oxide mineralization in hole 09-19 started 43.13 meters from surface and extended to 108.20 meters. This 65.07 meter interval included 42.21 meters of massive oxide followed by 22.86 meters of oxide-calcite breccia. A second, larger diamond drill is expected to reach the property on June 19. This drill will concentrate on large-diameter infill drilling within the 450-meter-long zone of known oxide while the smaller scout drill will continue testing in both directions along strike of the oxide zone. Once the limits of this zone are established, the scout drill will begin to explore newly identified mineralization and geochemical anomalies elsewhere on the 71,660-acre Rau property.