Coffee full of golden Sugar? Shares of Kaminak have been on a roll so far this week. On Tuesday, the Yukon-focused gold explorer announced that it has defined extensive soil anomalies along the newly recognized sugar trend, at its flagship Coffee Project. Kaminak management stated that the soil results from Sugar further reinforce the company's belief that a district-scale gold system is present at Coffee. No previous drilling has been completed on the Sugar prospects. Additional widely-spaced reconnaissance soil sampling has also been completed on previously unexplored portions of the 150,000-acre Coffee property.

Management highlighted that basic soil sampling is a reliable exploration tool at Coffee due to the lack of glacial influence and near surface nature of gold mineralization. President and CEO Rob Carpenter stated, "These results continue to illustrate the excellent early-stage exploration potential of the Coffee property. The scale and intensity of the new Sugar soil results are strikingly similar to the original soil results that led to Kaminak's drill discoveries in 2010," adding, "The Sugar anomalies represent the most significant untested gold-in-soil trends in the Yukon and an extensive drill program is currently planned for early 2012." The company also noted that the ongoing drill program now exceeds 46,000 m completed since April, with the current focus on the Supremo and Latte gold zones.