The Yukon (Yk) or Yukon Territory (YT) or (Yu.) is one of three territories of Canada, and not a full fledged province of Canada. It was created to administer the Yukon Gold Rush/Klondike Gold Rush, and separated from the Northwest Territories, where it has been The Yukon District. Ever since the Gold Rush, miners have been mining gold placer deposits continuously. The gold rich placer deposit region is The Klondike.