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NEWS
January 26,2026
Mayo Lake Mayo-Keno Area 2026 Drilling and Trenching Plans December 17, 2025 Mayo Lake Minerals Sells Property in the Yukon to Banyan Gold for $1,000,000 October 1, 2025 Mayo Lake to Accelerate Exploration on Prime Tombstone Gold Belt IRGS Properties January, 2025
Anderson Gold Trend - Gold Camp in the McKeny Carlin West - High-Grade Keno Hill Silver January 25, 2025
Gold and Silver in the Heart of the Yukon Silver Discovery at Carlin-Roop THE KENO HILL SILVER CAMP
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Mayo Lake Minerals Inc.
Mayo Lake Minerals Inc. (MAYO) is a public company listed on the Canadian Securities Exchange (CSE) under the symbol MLKM that owns a 100 per cent interest in three claim blocks, presently consisting of 731 quartz claims totalling 146 sq. km. in area, in the Mayo Mining District of the Yukon. These claim groups all lie within the Tombstone Gold Belt of the Tintina Gold Belt (Figure 1). In 2019, it became apparent that the Carlin-Roop Silver Property boasted the highest prospectivity for high-grade Keno Hill Style Mineralization. The ore in the Keno Hill Silver District consists of high-grade Keno Hill Style Mineralization. Over the years it became apparent that ample evidence of extensive gold mineralization was present in a 48 sq. km. belt within Anderson. This belt is termed the Anderson Gold Trend.
MAYO acquired its claim groups in 2011 because of:
Figure 1. Mayo Lake Minerals properties in the highly prospective plutonic (gold) belt, Yukon
Beginning in 2019, the high prospectivity of the Carlin-Roop property for silver was realized with the discovery of a very anomalous, 600m plus long soil anomaly related to structural elements common to the Keno Hill Silver District. Shallow IP and a limited 4 hole diamond drill program of 205m identified Keno Hill Silver Mineralization in two structures, confirming its potential for ore-grade silver deposits (Figure 2 and 3). High-grade silver float were found also soil anomalies. One sample assayed 3,994 g Aglt along the Carlin West prospect.
Figure 2.
Figure 3. Silver Targets Carlin-Roop.
In spite of MAYO’s exploration being limited by funding between 2012 and 2016, it did receive positive results from its early geochemical and geophysical surveys and used these results to direct further exploration: detailed geochemical grid surveys, ground geophysics, limited trenching and scout drilling. Scout RC drilling in 2017 on the Anderson-Davidson claim group allowed Mayo to confirm gold trend, the Anderson Gold Trend (Figure 4).
Figure 4.
Figure 5.
After re-examination of airborne magnetic data, specifically the Analytical Signal, it has become very clear that a broad magnetic low at the south end of Edmonton, represents an alteration halo over an intrusion. Gold, silver and base metals anomalies within this mag low indicate that significant mineralization is associated with the intrusion.
MLM’s claim groups are located close to road infrastructure, with the two largest of them directly accessible by road. Edmonton is accessible seasonally by barge and ice road from Mayo Lake. 
Figure 6. Keno Hill District showing Hecla Mining's mines, Metallic Minerals’ holdings and prospects and MAYO’s Carlin-Roop and prospect.
The Keno Hill Silver Camp
'The Yukon’s Keno Hill Camp (KHSC) was not only Canada's second largest primary silver producer and one of the richest Ag-Pb-Zn vein deposits ever mined in the world, it was also one of the mainstays of the Yukon economy from the 1920s until the early 1960s. It produced more wealth than the Klondike, one of the richest placer gold districts in the world.
The KHC is defined by most geologists as a belt of high-grade silver-lead-zinc rich vein deposits (Keno Hill Style Mineralization; KHSM) approximately 21 km long and 2 to 6.5 km wide that crosses parts of Galena, Keno and Sourdough Hills north and east of Mayo Lake in the Yukon. The camp contains 16 important deposits, defined as those that produced over 15.55 t (500,000 oz) of Ag, another 19 that shipped smaller amounts to a smelter, and 35 minor occurrences. The KHSC produced a total of 214M Oz of silver between 1913 and 1990 with the Elsa Mine being the second largest producer at 30M Oz., which at today’s prices is approximately US$780M.' ¹ Mining ended in the KHSC in 1990 because of falling silver prices and a shortage of defined resources needed to sustain operations. Subsequently, the government contracted a company to do an environmental clean-up of the KHSC. The clean-up agreement allowed the company to undertake exploration which subsequently outlined enough resources to commence mining in 2020. Hecla Mining was created to complete the exploration and mining operations. Hecla expects to mine 1.44 million tonnes of ore grading an average of 1,035g AgEq/t over the next 10 years. It continues to outline more high-grade ore.
Recently, three companies with the largest holdings focused on silver, Metallic Minerals, Alianza Minerals and Mayo Lake Minerals have expanded their exploration programs during the last two years. Metallic Minerals’ exploration was completed in the central and eastern sector of the Keno Hill Silver District (KHSD), Alianza Minerals’ the far west extent of the KHSD and Mayo Lake Minerals’ the southeastern sector ² (Figure 2 and Figure 3). Mayo Lake Minerals and Metallic Minerals’ work in the eastern sector of the KHSD have demonstrated that KHSM (high-grade silver) is present in this underexplored part of the KHSD. Mayo Lake Minerals have noted similarity in the footprint size and geology of the productive Elsa mine and Mayo’s Carlin West discovery (Figure KH1). ¹ Excerpts from Great Mining Camps of Canada 1.The History and Geology of the Keno Hill Silver Camp, Yukon Territory; R. J. (Bob) Cathro (2006). ² The KHSD is a slightly expanded version of the KHSC. 
Figure 4. Carlin West's footprint similar to that of the Elsa Mine. Similar obtuse angles between structures are present at both localities.
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MAILING ADDRESS
Mayo Lake Minerals Box 158, Carp On K0A 1L0 |
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