“Modern infrastructure is key to developing and properly managing the incredible natural resources we have at our fingertips” : Prime Minister Justin Trudeau

Among the mines that stand to benefit from new roadways are Goldcorp’s (TSX:G) Coffee gold project, acquired in 2016 through the Kaminak Gold takeover, and Western Copper and Gold’s (TSX:WRN) Casino open-pit mine project located about 300 km northwest of Whitehorse.

“Modern infrastructure is key to developing and properly managing the incredible natural resources we have at our fingertips. By providing easier access to important resources across Yukon, the Yukon Resource Gateway Project will help create good, middle-class jobs, promote long-term economic prosperity,” the PM said during a speech.

On the same note, Samson Hartland, executive director of the Yukon Chamber of Mines, told the Canadian Press that the plan is visionary. “This is not about three or four specific mining projects. This is about unlocking Yukon’s mineral potential,” he said.

Both political and industry leaders made clear that every aspect of the project will be consulted with local First Nations, who have expressed concern over its environmental impact.