The Wernecke and Southern Ogilvie Mountains in Yukon are part of an almost east-west trending range in the northern Canadian Cordillera in which several areas of the Palaeo-Mesoproterozoic basement are exposed, enveloped by a Phanerozoic miogeoclinal sequence. The oldest division, the -1.8-1.4 Ga Wernecke Supergroup, is interpreted as a "clastic rift'". It is an up to 15 km thick pile, the bulk of which is a monotonous, well-bedded siltite-quartz rich litharenite-argillite, topped by carbonate-pelite units. Less than 1% of the area consists of small gabbro to diorite intrusions of several, mostly Palaeoproterozoic and Mesoproterozoic, generations. The predominantly brittle deformation regime produced extensive tracts of disrupted and dismembered units grading to tectonic (not subduction !) melange. These have been overprinted by large scale Na, Ca, Mg, Fe, C02 and lesser Si, K metasomatism to produce widespread albitisation, chloritisation, carbonatisation, hematitisation and less extensive sericitisation (with local biotite) of the fractured sedimentary » magmatic rocks as well as tectonic fragmentites. The "Wernecke Breccia" is a metasomatised disaggregated breccia series and it is associated with hundreds of small scattered showings of specular hematite, magnetite and chalcopyrite, several occurrences of U and Co minerals, and anomalous gold. Not even a marginally economic orebody has so far been discovered despite intermittent exploration going back to the 1960s. It appears that we are dealing with a moderately deep (closely above the ductile-brittle interface) level of regional release and displacement of metals from source rocks (Fe, Cu and Co from gabbros; U perhaps from carbonaceous argillites) by metasomatic destruction of the carrier minerals. However, the system lacked sufficient plumbing and the channelling required to produce better metal accumulations at higher levels.