The Vancouver Sun reports in its Wednesday edition that Kaminak Gold is taking part in a modern-day Yukon gold rush. The Sun's James Kwantes writes that Kaminak's four-million-ounce Coffee Creek gold deposit is near the Yukon River and below nearby mountains. Kaminak chairman John Robins says, "The Yukon has been one of the greatest teases for an exploration geologist." He says, "It's one of the greatest places in the world for placer mining, but there's never been a (major) gold mine." There are still about 150 placer mining operations in Yukon, most of them small-scale family operations. Some even work the same creek that kicked off the Klondike Gold Rush. The largest placer mines employ dozens and use heavy equipment including bulldozers and dump trucks. Kaminak's project is relatively young -- the "discovery hole" was drilled in 2010 -- but the company, according to Mr. Kwantes, is in the vanguard of junior mining firms hoping to build Yukon's next mine. The Fraser Institute's latest mining survey ranked Yukon as the world's No. 1 jurisdiction for mineral potential, and No. 9 for "investment attractiveness." The Yukon is home to just one operating mine, Capstone Mining's Minto copper mine.