Kaminak Gold (OTCPK:KMKGF) is currently one of my favorite junior gold mining plays because of the massive upside potential in the company's 100% owned, open-pit, heap leach Coffee gold project, located in the Yukon, Canada.
The project contains 4.2 million ounces of gold in the indicated and inferred categories and was discovered only four years ago; 185,000 metres have been drilled since the first discovery was made in 2010. Significant upside potential remains in my view, based on the past success of expanding the resource and drill results.
The Coffee project is economically robust because it is a high-grade, protected low cost heap leach gold project; some of the most economical gold mines in the world are heap...
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