Description: The 69 Ma Prospector Mountain stock is located in southwestern Yukon in the northern Canadian Cordillera. This massive monzonite-syenogranite stock is thought to be the intrusive volcanic centre for the surrounding coeval Carmacks Group volcanics. Anomalous palaeomagnetic data from these volcanics have provided the only evidence for the commonly posited hypothesis that the Yukon-Tanana terrane (YTT) was part of the far-travelled (1950 ± 600 km northward) ‘Baja BC’ terrane from 70 to 50 Ma. All other geologic evidence and averaged palaeomagnetic data support a northward displacement of ~415 ± 15 km. This study provides a direct test of the Carmacks volcanics’ estimate and examines the possible causes of its anomalous results. Both the stock and volcanics are unmetamorphosed and rest unconformably on metamorphosed basement rocks of the YTT. Palaeomagnetic and mineral magnetic results from 17 of 19 tested sites (218 specimens) in the Prospector stock and its peripheral skarn isolated a stable thermoremanent magnetization (TRM) in magnetite or low-Ti titanomagnetite that was mostly determined on demagnetization between temperatures of 500 and 580 °C. The TRM has a direction of Decl. = 8.3°, Incl. = 82.4° ( N = 17, k = 71.9, α 95 = 4.2°), providing a non-significant northwards translation estimate of 70 ± 880 km for the YTT. The normal-polarity TRM direction at Prospector Mountain provides a highly significant palaeomagnetic reversals test with the reversed-polarity TRM of the 70 Ma Swede Dome stock, another volcanic centre of the Carmacks Group about 190 km to the north. The test affirms to a high probability that both stocks carry primary TRMs and have not been tectonically tilted significantly since emplacement. Combining the palaeopoles for these two stocks with that for the 75 Ma Mount Lorne volcanic centre stock about 210 km south of Prospector Mountain yields a combined northward translation estimate of 330 ± 400 km for the YTT since ~71 Ma. This estimate agrees closely with the 415 ± 15 km estimate from geological constraints on strike-slip motion along the inboard Tintina fault zone since ~70 Ma, and with the palaeomagnetic estimate of 650 ± 450 km northward since ~108 Ma from four mid-Cretaceous batholiths. In contrast, the palaeomagnetic directions from four areas of the ~70 Ma Carmacks volcanics are poorly clustered. Nonetheless their estimates of ~1900 km northward have been used for a quarter of a century to support a far-travelled ‘Baja BC’ tectonic model for the YTT. This paper discusses and concludes that the anomalous far-travelled estimates from the Carmacks volcanics are attributable to the unfortunate additive effects of inadequate averaging of secular variation, dipole offset error, unrecognized primary dip and other possible causes.