UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
June 7, 2006 333-101960
Date of Report (Date of Commission File Number
earliest event reported)
YUKON GOLD CORPORATION, INC.
(Exact name of registrant as specified in its charter)
Delaware 98-0413063
(State or other jurisdiction (I.R.S. Employer
of incorporation or Identification Number)
organization)
55 York Street
Suite #401
Toronto, Ontario M5J 1R7
(Address of Principal Executive Offices) (Zip Code)
(416) 865-9790
(Registrant's telephone number, including area code)
Item 8.01 Other Events
Yukon Gold Corporation, Inc. announced a drilling
program to commence in June of 2006 at its Marg
Property.
Item 9.01 Financial Statements and Exhibits.
Exhibits
99.4 Press Release of Yukon
Gold Corporation, Inc. dated June 6, 2006
entitled, "Yukon Gold Corporation Inc. Announces
Program to Expand its Current Resource at its VMS
Deposit in the Yukon."
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
YUKON GOLD CORPORATION, INC.
Date: June 7, 2006 By: /s/Lisa Lacrois
Name: Lisa Lacroix
Title: Secretary
Yukon Gold Corporation, Inc. Announces Program to Expand its
Current Resource at its VMS Deposit in the Yukon
Toronto, Canada, June 6th, 2006, Yukon Gold Corporation,
Inc. ("Yukon Gold"), (TSX: YK,
OTCBB: YGDC) is pleased to announce an extensive diamond
drill program on its 100% owned Marg Property, a VMS Deposit
will commence in mid June. This program is primarily
designed to increase tonnage and upgrade a significant
portion of the Inferred Resource to the Indicated Resource
category. To date, 87 diamond drill holes totaling 24,500
metres have outlined four (4) polymetallic massive sulphide
horizons in a 100 metre thick quartz-sericite structure.
In addition, geophysical surveys and follow-up exploration
on other property showings are planned.
Archer Cathro & Associates, a consulting engineering firm
offering contract mineral development and exploration
services for mining companies will oversee the drilling
program on the Marg Deposit. Results from the drilling will
be published as they are made available and reviewed by
Yukon Gold's management team. The Qualified Person
supervising this program is R. C. Carne, P. Geo., an
independent consultant.
The Marg Deposit (Cu-Pb-Zn-Ag-Au)
The Marg deposit consists of a series of continuous to
discontinuous sheets of massive and semi-massive sulphide
mineralization. The massive sulphide horizons are up to 23
metres thick and have been traced along a strike length of
1200 metres and up to 700 metres down dip. The horizons
remain open to extension at depth and along strike. Up to
eight sulphide sheets can occur on a single section although
most of the mineralization occurs within four sheets (Zones
A-D). Currently, the drill indicated resource at the Marg
Deposit is 5,527,000 tonnes, grading 1.76% Copper, 2.46%
Lead, 4.6% Zinc, 63g/t silver and 1 g/t gold. The resource
was determined by Peter M. Holbek, M.Sc., P.Geo., a
qualified person and classified in accordance with NI 43-101
which is stated in the table below:
Zone Classifi- Average Tonnes Copper% Lead% Zinc% Silver Gold
cation Thickness(m) g/t g/t
A Indicated 4.8m 57,605 1.93 3.56 6.33 105.14 1.93
Inferred 75,413 0.68 0.96 2.10 35.22 0.45
B Indicated 3.7m 785,497 1.70 2.21 4.08 61.90 0.90
Inferred 80,548 1.46 2.22 4.34 53.29 0.87
C Indicated 8.6m 1,459,564 1.60 2.45 4.31 73.41 1.21
Inferred 289,330 1.90 2.10 3.95 60.04 1.26
D Indicated 5.1m 2,343,521 1.95 2.75 5.26 59.97 0.85
Inferred 435,488 1.48 1.88 3.80 46.12 0.85
Total
Indicated 6.0m 4,646,200 1.80 2.57 4.77 65.08 0.99
Total
Inferred 6.0m 880,800 1.55 1.90 3.75 50.42 0.95
About Yukon Gold
Yukon Gold Corporation, Inc. is an active and progressive
public exploration and development company. The Company's
main focus is its recently acquired VMS deposit (Marg
Property) and its Mount Hinton gold and silver exploration
project in the Central Yukon Territory of Canada. These
properties lie within the Tombstone Gold Belt, world
renowned for the discovery of major gold and base metal
deposits. The Company recently listed its shares on the TSX
and raised sufficient capital to carry out its 2006 property
work programs. Currently, there are approximately 16.3
million of the Company's common shares outstanding.
For More Information,
Yukon Gold Corporation, Inc.
Paul Gorman
(416) 865-9869
Toll Free (800) 295-0671
E: pgorman@yukongoldcorp.com
Company Website: www.yukongoldcorp.com
FORWARD-LOOKING STATEMENTS: This news release contains
certain "forward-looking statements" within the meaning of
Section 21E of the United States Securities Exchange Act of
1934, as amended. Except for statements of historical fact
relating to the company, certain information contained
herein constitutes forward-looking statements. Forward-
looking statements are frequently characterized by words
such as "plan," "expect," "project," "intend," "believe,"
"anticipate", "estimate" and other similar words, or
statements that certain events or conditions "may" or "will"
occur. Forward-looking statements are based on the opinions
and estimates of management at the date the statements are
made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual
events or results to differ materially from those projected
in the forward-looking statements. These factors include the
inherent risks involved in the exploration and development
of mineral properties, the uncertainties involved in
interpreting drilling results and other ecological data,
fluctuating metal prices, the possibility of project cost
overruns or unanticipated costs and expenses, uncertainties
relating to the availability and costs of financing needed
in the future and other factors. The Company undertakes no
obligation to update forward-looking statements if
circumstances or management's estimates or opinions should
change. The reader is cautioned not to place undue reliance
on forward-looking statements.