Actually, it might be considerably, much more than that.
They suspect the Mooshorn Project to have 1,000,000 oz.au as previously stated in a pr.. That's a potential of a whopping $1.8 billion in gold reserves.
"The Moosehorn project is based in a highly productive area of the Yukon gold belt, it currently has confirmed reserves of close to 40,000 oz. Au. with a possible 1 million oz.au to be proven up with further drill testing, and existing infrastructure..."