Yukon or Bust: Rick Rule’s Latest Investment Thesis
Frontier fortunes and investor risks collide in Canada’s untamed Yukon, where Rick Rule’s Investment Newsletter dissects discovery, disaster, and opportunity.

The Yukon is a land of staggering contrasts, where towering peaks, rolling rivers, and dense pine forests hide an immense geological prize. For investors, this northern expanse of Canada represents both untapped promise and sobering cautionary tales. In his latest Rule Investment Newsletter, Rick Rule reminds readers why the Yukon has captivated explorers for generations and why disciplined investors should pay attention to the territory’s unfolding story.
The Allure of Untapped Riches
Yukon remains one of the least explored mining jurisdictions in the world. This is no small fact in an age when new large-scale discoveries are becoming rare. Over 20 million ounces of gold have been defined in a narrow stretch of the Tombstone Belt, placing the region alongside some of the world’s most promising exploration fronts. Banyan Gold and Snowline Gold alone have outlined deposits exceeding seven million ounces each, proof that Yukon can host not just one but several district-scale systems.
Investors are drawn to the scale. The idea that multiple five-million-ounce discoveries may lie hidden beneath Yukon’s rugged surface is intoxicating for majors searching for multi-decade projects. Rick Rule emphasizes that scarcity drives value. The global mining industry is desperate for new deposits, and Yukon continues to deliver.
