Miner's camp at the head of the Yukon River during the Klondike Gold Rush, from the Canadian National Archives

It was a challenging year for the Yukon’s mineral exploration industry.

At least that’s what Lee Pigage, the head of mineral services for the Yukon Geological Survey, is telling attendees at the annual Mineral Exploration Roundup Conference this week in Vancouver.

“There was still a very decent amount of expenditure (in 2012) but it was about half of what 2011 was,” he said.

With more than $300 million in expenditures, 2011 was a record-breaking year for the Yukon.

Last year only saw $146 million in expenditures, which is still good, but a lot less than the $400 million that Natural Resources Canada projected.

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