New Silver Mining Exploration Starts Near Dawson City

By

James Sinclair
March 24, 2026 1:58 pm

Blackcomb Silver Corp has started its first field trip to look for silver and other metals at the Rusty Springs project near Dawson City, Yukon, as the company begins staking and fieldwork in the region. This work marks the beginning of the company’s new exploration activities in the local mining sector.

The private company from British Columbia acquired full interest in the project from Eagle Plains Resources in November 2025. The site is located about 8 kilometres south of the Arctic Circle and 29 kilometres east of the Alaska border, covering a land area of approximately 7,540 hectares.

Historical records from the area show strong results, including one previous find of 945 grams per tonne of silver over 37.5 metres. Since the property was first discovered in 1975, there has been nearly $5 million worth of exploration activity at the site.

This new project comes at a time when silver prices have risen by more than 170 per cent compared to last year. The Yukon government reported that $313 million was spent on mineral development across the territory in 2025, with a large portion of that money going toward finding new deposits.

While the work near Dawson City begins, the Tr’ondëk Hwëch’in First Nation filed a lawsuit against the Yukon government on January 28, 2026. The legal action claims that the government changed certain mining rules in May 2025 without properly consulting the First Nation about how the changes would affect their traditional lands.

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