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By Ian R. Muirhead

Over the past year or so, a number of mining companies have been meeting to examine the role of research in surface mining and, in particular, how to establish a collaborative research effort for the surface mining industry. A review has been completed which has identified the topics that are of interest to the surface mining companies for undertaking collaborative research. This has identified key subject areas such as Operations & Equipment; Maintenance; Environment & Reclamation; and Stability. Specific research projects for the initial research effort have been selected which include Wireless Data Communications, Analysis and Management; Application of GPS in Mining; and Tires for Heavy Haulers. In addition, attention has also been focussed on finding a suitable low cost, but effective, organization to coordinate and manage the collaborative research. The recently formed CONRAD Organization (Canadian Oilsands Network for Research and Development) appears to be a suitable candidate and discussions are ongoing with that group. This paper provides a summary of the review of surface mining research needs and of the status of the establishment of a collaborative research body for surface mining.

Jan 1, 1996

By CIMVAL

This Code for the Valuation of Mineral Properties (the “CIMVAL Code”) is the result of a review more than a decade after the release in 2003 of the “Standards and Guidelines for Valuation of Mineral Properties” (the "2003 Standards"). The purpose of the review is to update the 2003 Standards to reflect domestic valuation, international valuation, and regulatory developments. The CIMVAL Code was adopted by the Canadian Institute of Mining, Metallurgy & Petroleum (the "CIM") Council on November 29, 2019. The CIMVAL Code supersedes the 2003 Standards. The 2003 Standards were dated February 2003 and were adopted by the CIM Council on March 9, 2003 as the first comprehensive set of standards for Valuation of Mineral Properties in the Canadian mining industry. The 2003 Standards followed recommendations of the Mining Standards Task Force of the Toronto Stock Exchange and the Ontario Securities Commission, where in its Final Report (January 1999), the CIM was specifically asked to form a committee of valuation practitioners to review and advise on standards for the Valuation of Mineral Properties. The Special Committee on Valuation of Mineral Properties ("CIMVAL") was created on May 5, 1999 with the mandate to recommend standards and guidelines for Valuation of Mineral Properties to be used by the mining industry in general. The CIMVAL Code is limited to the Valuation of Mineral Properties (including any interests therein) and does not cover valuation of corporations or other entities that hold Mineral Properties as assets. The CIMVAL Code does not cover petroleum and related assets. CIMVAL recommends that the CIMVAL Code be followed for all Valuations of Mineral Properties, including those required by securities administrators and stock exchanges. However, when a Valuation is required under the applicable rules of securities administrators or stock exchanges, such rules prevail to the extent of any inconsistency.

Nov 29, 2019

By J. S. Stickling, P. J. Whittaker, N. O. Lotter

"Assessment of opportunities to improve mineral processing performance in existing concentrators and in describing undeveloped orebodies is key to improving the business case of a mining company. This assessment has traditionally been performed using the distinct and separate inputs from mineral processing and mineral science.More recently, process mineralogy has been used to integrate these two disciplines. This trend has been driven by the need to develop and process more challenging ore deposits, and has been assisted by the availability of modern automated instruments. Together with the acquisition of a QemSCAN (quantitative evaluation of materials by scanning electron microscope) from CSIRO in Australia, and with the use of a supporting SEM with EDX/WDX capabilities and an XRD, the development of process mineralogy at Falconbridge commenced in 1997.The sampling challenges in presenting a QemSCAN with representative sample material at the polished section level are significant, but have been effectively addressed. The full description of this aspect is beyond the scope of this paper.It is shown that, by use of this approach, the set nature of an orebody can be best exploited with selected flowsheet changes in a concentrator which address the generic characteristics of the orebody. In this way, the flowsheet provides a process that more effectively fits the mineral processing requirements of the ore. This leads to clear and tangible improvements in grade and recovery."

Jan 1, 2002

By Louise Corriveau

A Targeted Geoscience Initiative transect in the eastern Grenville Province reveals an extensive VHMS-style cupriferous hydrothermal system among rhyolitic pyroclastic rocks of the Wakeham Group at La Romaine, Québec. The volcanic rocks outcrop sporadically along a < 10 km-wide by about 100 km-long belt correlated with the south-eastern extension of the Wakeham Group. This belt occurs among voluminous, magnetite-bearing, granitic gneiss. At Lake Musquaro, 1.51 Ga metarhyolitic to dacitic lapillistones and flows, locally with aluminous nodules and veins, are intruded by 1.49 Ga feldspar porphyries. This volcanic package was deposited on typical Wakeham Group arenite (< 1.52 Ga) interbedded with nodular, muscovite- and fibrolite-bearing gneiss, and minor marble hosting finely layered garnetiferous hornblendite, garnetite and magnetite-bearing coticule. The latter are interpreted as meta-exhalite and with the associated albitite (sodic alteration), aluminous veins (hydrothermal leaching) and magnetite-rich granitoids, they are key elements in the search for concealed mineral deposits in this area. At La Romaine, to the south, 1.5 Ga lapillistones outcrop structurally above metasediments and below a composite amphibolite unit of uncertain origin (lava or sills) with magnetite-rich (BIF?) units. An extensive zone of aluminous gneiss, with lapilli textures, provide evidences for severe hydrothermal leaching of the volcanic rocks prior to metamorphism. An adjacent siliceous vein-textured unit likely represent a zone of intense silicification (74 wt.% SiO2), while aluminous, hematite to magnetite-bearing veins in adjacent felsic gneiss (tuff?) preserve evidences for the sequence of alteration events. Despite granulite-facies metamorphism, the main characteristics of the amphibolite unit persist along the entire belt. This competent unit likely served as a cap rock; the garnetite, diopsidite and hornblendite it hosts provide effective guides to the sites of fluid discharge and mineralization. A number of Cu showings, modest in size, were discovered in this unit. Their systematic occurrence, in a structural-stratigraphic sense, indicates that this setting is attractive for mineral exploration despite high-grade metamorphism and deformation. Late-stage veins laden with fluorite crosscut these alteration zones, and are themselves metamorphosed, indicating that hydrothermal activity was polyphased. SHRIMP U-Pb ages obtained on detrital zircons (1 arenite) and on igneous zircons (5 volcanic rocks, 1 porphyry and 6 granitoids), pervasive arc-type geochemical signatures and presence of in situ rafts of barium-rich garnetite in the granitoids indicate that sedimentation and volcanism occurred between 1.52 and 1.49 Ga coevally with hydrothermal activity and emplacement of a sub-volcanic 1.5 Ga granitic batholith with early, 1.53 Ga tonalite intrusion. Such a geological context can sustain large-scale hydrothermal cells and development of VHMS, Cu-Fe oxides or SEDEX deposits.

May 1, 2003

By Courtney E. Cleveland

THE gold deposits of the Pioneer and Bralorne mines, in the Bridge River district of British Columbia, are closely associated with a long, narrow intrusive body of extremely variable composition, outcropping on the northeast side of Cadwallader creek and lying almost entirely within the property boundaries of the two companies. Other masses of the same type of intrusive rock are found in the district, more or less along the line of the main axis of the Pioneer-Bralorne in trusive, and have associated with them variable amounts of gold-quartz mineralization (Figure 1). The ore deposits of the district have been the subject of investigation by officers of the Geological Survey of Canada at various times during the past 25 years, and articles on the geology and mines of the district have been published by various individuals in technical journals. A list of the more important re-ports follows: SELECTED BIBLIOGRAPHY

Jan 1, 1938

By Henry C. Knight

A number of improvements in the techniques of budgetary control have been developed in the 1970&apos;s. The most significant of these is zero-base budgeting. This procedure is a marked improvement, because it overcomes some of the key weaknesses inherent in most traditional approaches to budgeting. It incorporates techniques and disciplines which improve the quality of both the budgeting effort itself and the documents that most senior managers will need to evaluate. The end result is a budget that establishes and improves cost effectiveness. This budget is based on resource allocations using cost-benefit criteria and on a system of prioritization for making funding choices. Zero-base budgeting is applied only to costs and expenses that are not conducive to control using industrial engineered standards. Therefore, the benefits attributed to zero-base budgeting will only hold true for administrative, selling, exploration, safety, fire protection and overhead, and other indirect types of costs and expenses. It is in this context that the question of its attractiveness for the mining industry is dealt with.

Jan 1, 1978

By Gordon L. Kidd

The object of this paper is to show the relations of the East Coulee coal area to the near-by Willow Creek, Wayne, Rosedale, and Drumheller areas, all being parts of the Drumheller field. The word ?area? is here used in a more local sense than that employed by Dr. J. A. Allan, whose. &apos;area&apos; is rather comparable with the &apos;mining division&apos; in British Columbia. I have drawn freely from the published information, particularly from Dr. Allan&apos;s report on the "Geology of Drumheller Coat Field, Alberta", and from Dr. E. Stansfield&apos;s paper on " A Chemical Survey of Alberta Coals", to whom thanks are due. The Drumheller field is served by branch lines of the two principal Canadian railways. The C.N.R. traverses the district by its Goose Lake line from Calgary to Saskatoon; and the C.P.R. by a line from Calgary to Acme and then southeasterly to Drumheller, where it effects a junction with the C.N.R., over which the C.P.R. has running rights as far as Rosedale. From Rosedale, a joint line built during the summer of 1928 extends about forty miles down the Red Deer river to the mouth of Bull Pond creek. From that point the C.P .R. turns more southerly to connect with the Bassano-Empress line. The C.N.R., it is expected, will eventually proceed eastward to connect with a transcontinental line. The joint line from Rosedale down the Red Deer river opened up the Willow Creek and East Coulee areas.

Jan 1, 1929

By R. V. Hopper, M. E. Wilson, L. S. Trenholme

"The Company known as Rouyn Merger Mines, Limited, was formed in 1943 to take over the ownership of claims in Rouyn and Joannes townships formerly held by East Rouyn Mines, Limited, O'Neil Thompson Mines, Limited, and the Hosking-Cockeram Prospecting Syndicate. The NorandaSenneterre branch of the Canadian National railway passes in an approximately east-west direction through almost the entire length of the property. Since 1937, sixty-three diamond drill holes have been drilled from the surface to cross faults on the contact of the Timiskaming sediments with the Abitibi ( Keewatin) volcanics, along which ore has been found to occur. Late in 1945, the sinking of a 3-compartment inclined shaft in the andesite agglomerate beneath the ore zone was commenced. On January 17th, 1947, this shaft had a depth of 944 feet; cross-cuts have been driven north-northwest from the shaft at 150-foot intervals from depths of 200 to 800 feet on the shaft (Fig. 2).GEOLOGYThe western or East Rouyn part of the Rouyn Merger property in which ore is being mined adjoins the area owned by McWatters Gold Mines, Limited, on the east and is underlain by the eastern continuation of the McWatters formations. As at the McWatters, the rocks belong structurally to three areas: (1) the territory north of the Cadillac-Bouzan Lake fault, occupied almost wholly by Abitibi ( Keewatin) volcanics; (2) the area along the south boundary of the property, underlain by Timiskaming conglomerate and greywacke; and (3) the synclinal belt of McWatters volcanics and sediments between areas 1 and 2.1Bouzan fault of Hawley."

Jan 1, 1954

By T. W. Wlodek

In this paper the relative merits of shot peening, induction surface hardening, spiral-rolling, and the combination of these surface treatments, are evaluated on the basis of their capacity to increase the fatigue strength of drill steel. The S-N relations for plain car-bon steel (SAE 1080) and Ni-Cr-Mo drill steels in the as-rolled condition were determined previously, using the new Canadian method of testing drill steel introduced at the annual meeting of the Institute in Toronto in 1950 (19). S-N curves have now been determined by this method for these two drill steels in the following conditions: shot-peened and drawn, induction hardened, induction hardened and shot-peened, and spiral-rolled. ( S.R.) . The ratios of the fatigue strengths of these steels after surface treatment, to their fatigue strengths in the as-rolled condition, are compared and the most beneficial treatments are thereby pointed out. The expected range of stresses and their distribution during actual drilling operations are estimated from data available, and the mechanism of failure of drill steel in the as-rolled and surface-treated conditions is analyzed. The magnitude of the surface compression stresses and their effect on ?fatigue strength are discussed.

Jan 1, 1958

By Poul Hansen

"In mid-I986, a world-class mining enterprise was created in British Columbia, bringing together the copper mining operations of Lornex Mining Corporation and Cominco into a new entity, Highland Valley Copper. This paper will focus on the background and rationalef or the formation of this partnership, the resulting operating changes and the productivity and cost benefits expected.IntroductionSince the deterioration of the world copper industry in 1981, the future of the Lomex and Cominco mines in the Highland Valley of British Columbia looked increasingly precarious. Despite the expansion of the Lomex mill complex in 1981 to one of the world&apos;s most cost-efficient copper and molybdenum concentrators, persistent low metal prices had made the remainder of the ore in the Lomex orebody marginally economic and had significantly foreshortened the expected life of the operation.Cominco had acquired the Bethlehem Copper assets in order to consolidate its ownership of the Valley orebody, and was feeding the Bethlehem concentrator with ore from the Valley orebody. In spite of the high grade and free-milling character of the Valley ore, profitability of the Cominco operation was severely restricted because of the limited capacity of the Bethlehem concentrator and its location high on the hillside above the orebody."

Jan 1, 1987

By P. H. Reynolds, S. Liaghat, A. Zarasvandi

"Darreh-Zerreshk and Ali-Abad are two relatively small porphyry copper-type deposits in Yazd Province in central Iran. They are located within the central Iranian volcano-plutonic belt, formed above the collisional convergent margin of the Iranian lithospheric plate from the late Eocene to the Miocene. This paper discusses the geochemical characteristics of the igneous rocks, and 40Ar/39Ar geochronology of plutons and alteration phases associated with the Darreh-Zerreshk and Ali-Abad deposits. The deposits are spatially associated with igneous complexes that consist of older and barren granites intruded by intermediate-composition granitoids, which are the carriers of Cu mineralization. The granites have relatively high content of Nb, Y, and K, a prominent negative Eu anomaly, and were probably derived from melting of, or contamination of mantle-derived magmas by, continental crust. Porphyritic diorites, quartz monzodiorites, and granodiorites show enrichment in light rare earth and large-ion lithophile elements, depletion in middle rare earth elements, and have no negative Eu anomaly. These intermediate-composition granitoids were derived from melting of the upper mantle or lower crust, and their differentiation was controlled partly by fractionation of hornblende. A pilot K/Ar whole-rock dating study suggests that the pre-ore granites were emplaced in the Oligocene. Dating by the 40Ar/39Ar method of nine samples of secondary biotite and sericitized rocks from drillcore within the mineralized and altered zones in both deposits yielded a well-defined age of ca. 16 Ma. This date is interpreted to be the time of hydrothermal alteration and of porphyry copper type mineralization in this part of Iran."

Jan 1, 2007

By John Wightman

LOCATION OF PROPERTY THE property of Caribou Gold Mines, Limited, is situated in the north-eastern part of Halifax county, seven miles south of the Canadian National railway line at Upper Musquodoboit. Approach to the village is by a secondary road, improved recently by waste rock from the mine dump. A two-wire telephone line, seven miles long, built and owned by the present operators, provides communication to the nearest telephone exchange, Parker&apos;s Corner. HISTORY In 1870, the Caribou area was recognized as a proclaimed gold district. From then on, operations were intermittent, with periods of considerable activity by small companies until there were no fewer than seven mines in a district two miles long by three-quarters of a mile wide. These were the Holman, Truro, Caffrey, MacDonald or Elk, Lake, Dixon, and Hilchey properties, all of which have had separate stamp-mills, and have produced gold for varying periods. Depths of the workings range from 100 feet to 1,000 feet. Power was generated at each property by means of steam boilers. At the present time, the Consolidated Mining and Smelting Company of Canada, Limited, controls all the leased areas, approximately 800 acres, and is operating by means of one central vertical shaft. GEOLOGY The district in and about Caribou Mines has an elevation of approximately five hundred feet above sea level. The area is fairly well wooded, with rock outcrops here and there. These outcrops, along with information from test-pits and shafts, have been the basis for the very excellent geological map of the district prepared by E. R. Faribault some years ago. The rock structure, which is one of the best examples in Nova Scotia of an elliptical dome, has its anticlinal axis in a northeast-southwest direction, and flat plunges in the same directions.

Jan 1, 1938

By K. Shen, A. J. Sinclair, N. Champigny

"Fluid inclusion studies from the Cinola deposit indicate low salinities and low C01 contents of the ore fluid. This supports a suggestion that the mineralizing fluids originated from pore water in the fluviatile host rock (mid-Miocene Skonun Formation). Bimodal distribution of filling temperatures suggests the existence of at least two temperature regimes centred on 160°C and 270°C during mineral deposition. Independent age and stratigraphic evidence indicates that depth of mineralization is between 1.1 and 1. 8 km, corresponding to a hydrostatic load of between 110 and 170 bars.RESUMELes donnees sur les inclusions fluides du gisement Cinola indiquent de basses salinites et basses teneurs en C01 . Ceci confirme que les fluides mineralisants ont ete derives de l'eau interstitielle prise dans les sedimentsfluviatiles hates. La distribution bimodale des temperatures d'homogenisation implique !'existence de deux regimes de temperature concentrees vers 160°C et 270°C pendant Ia mineralisation. La profondeur alaquelle le gisement s'est forme est evaluee d'etre entre 1.1 et 1.8 km a partir d'informations stratigraphiques independantes: ceci correspond a des pressions hydrostatiques de 110 a 170 bars."

Jan 1, 1982

By W. Hardtke, B. Perry

Model reconciliation problems at the low-grade, high-nugget Phoenix gold-copper deposit led to an examination of the influence of production decisions on ore-waste classification. A conditional simulation study of the deposit was used as the basis for: 1) quantification of dilution at different bench heights, 2) quantification of ore-waste misclassification relative to bench heights and cut-off wades, and 3) determination of an appropriate number of samples to optimize ore-control polygon definition. Actual reconciliation data were empirically used to support conclusions. Simulations of both gold and copper were combined through net revenue modelling. These simulations increased understanding of the nature of the deposit and provided insight for resource modeling and mine planning.

Jan 1, 2011

By Ted J. Williams

Underhand cut and fill mining methods are used at the Lucky Friday, Stillwater, and Galena mines in the western US in an effort to safely mine in difficult ground conditions and as a primary mining method where access below the ore is limited. The method has evolved at each mine to meet the unique situations associated with their milling procedure and mine layout. Details of the operational aspects of the backfilling and mining cycles at each mine are presented in this paper, accompanied by a summary of the mechanical properties of the backfill and its in-situ geomechanical behavior.

May 1, 2007

By Troy Boisjoli

Since its discovery in February 2014, the Arrow Uranium Deposit has undergone rapid development through aggressive and systematic drilling programs and is now being progressed through advanced engineering and permitting. Based on the 2018 NI 43-101 Technical Report, the Probable Mineral Reserve estimate totals 234.1 million (“M”) pounds (“lbs”) triuranium octoxide (“U3O8”), contained in 3.43 M tonnes at an average grade of 3.09% U3O8. The proposed processing plant at the Rook I Project (the “Project”) will be capable of producing up to 31 M lbs of U3O8 per year, with a projected mine life of nine years based on the Probable Mineral Reserve estimate, although NexGen is permitting a 24-year operating life at the Project assuming the majority of Inferred Mineral Resources are upgraded to Indicated Mineral Resources with continued mineral resource development drilling. The Project will be developed through transverse and longitudinal longhole mining methods, pairing primary and secondary stoping techniques with a high degree of equipment mechanization which will provide a combination of good productivity, high extraction, and stable back support. This next generation of uranium operations combines the use of advanced tele-remote equipment and instrumentation with a low-cost bulk mining method and a best-in-class tailings management practice, effectively reducing operating costs and setting a new standard for elite environmental and social practices.

Jan 1, 2020

By M. Bryson, A. E. Brady, W. Dawes, G. Beer, N. Sehlotho

Mkango Resources Limited is developing the Songwe Hill Rare Earth Element Project in southeast Malawi. Since being awarded the exclusive exploration licence for the project in January 2010, Mkango has completed an extensive work programme including detailed mineralogical studies, geological mapping, geochemical sampling and trenching, environmental and social studies, two phases of diamond drilling, and extensive metallurgical test work. In October 2012, the company announced a NI 43-101 compliant mineral resource estimate comprising an Indicated resource of 13.2 million tonnes grading 1.62% total rare earth oxides (TREO) and an Inferred resource of 18.6 million tonnes grading 1.38% TREO. The Indicated mineral resource estimate formed the basis for commencement of the Preliminary Feasibility Study (PFS). The mineralogical program identified the fluorocarbonate mineral, synchysite, and the phosphate mineral, apatite, as the primary rare earth element (REE) bearing minerals. Extensive flotation testwork conducted at Mintek in South Africa has resulted in an effective regime to increase the REO grade 2.6 times. Initial leaching testwork by Mintek identified that a selective hydrochloric acid (HCl) leach can target the gangue minerals with minimal REE dissolution. Recent testwork undertaken at Nagrom in Western Australia has expanded on this work to develop a two stage HCl leach process incorporating HCl recycling. A downstream processing route of purification and cerium rejection to produce a cerium depleted high grade REE concentrate suitable as feed to a separation facility is proposed.

Jan 1, 2014

By Marco A. Vera

"This paper investigates the froth function in flotation and the associated upgrading process. Flotation literature has revealed that one of the main functions of the froth phase is the cleaning of bubble-particle aggregates by rejection of entrained material. The cleaning and transport processes across the froth phase exert straining forces on these aggregates on their way up to the froth surface. These forces will impact on the recovery of bubble-particle aggregates.The grade at the top of the froth (TOF) is a parameter related to the quality of particles collected by bubbles in the pulp zone (true flotation). It has recently been demonstrated that TOF corresponds to the maximum practically attainable grade described by the recovery-grade (or enrichment ratio) curve. TOF lumps all the processes experienced by the bubble-particle aggregates before reaching the launder concentrate. This paper describes a methodology for quantifying flotation performance by means of the top of the froth sample - a touch of froth.INTRODUCTIONFroth flotation may be the most important mineral processing technique, but its theory is complex and is not completely understood even though many aspects have been studied and reviewed (Teague, 1998; Wills, 1992).Two distinct particulate systems prevail in the flotation process: a pulp phase and a froth phase (Figure 1). The pulp zone had been studied extensively; however, it is only recently that techniques to measure the froth zone performance have been developed (Contini et al., 1988; Falutsu and Dobby, 1992; Feteris et al., 1987; Seaman, 2002; Vera et al., 1999b).Flotation involves a number of mass transfer processes, occurring in the pulp phase and the froth phase. The formation of the froth and its subsequent removal are considered to be two important steps of the process. Phenomena that occur in the froth phase are known to affect flotation performance significantly (Cutting et al., 1981).Because the froth has a high free surface energy (as a result of the extensive interfacial surface between liquid and air), it appears thermodynamically unstable. The foaming is a dynamic balance, as new bubbles are added continuously from the pulp, while others disappear from the top. Under steady-state conditions, the volumes of added and subtracted air are equal (Booth, 1953)."

Jan 1, 2003

By W. J. Wolfe

"Quartz Hill is a large, low- to moderate-grade quartz vein stockwork porphyry molybdenum deposit, discovered in 1974 during a regional stream sediment geochemical reconnaissance survey of southeast Alaska conducted by United States Borax and Chemical Corporation. Mineralization is localized in the upper parts of an Upper Oligocene (30 Ma) composite quartz monzonite stock which is emplaced discordantly into older Cretaceous to Early Tertiary terrain of the Coast Range igneous metamorphic complex of the northwest North American Cordillera. Subsequent fault-controlled, complex multi-stage intrusion, concentrated in the core of the Quartz Hill stock, produced successive pulses of hydrothermal alteration and molybdenum mineralization at about 27 Ma. Overall, the deposit is tabular and flat-lying and well suited to open pit mining. The 0.05% MoS2 grade limit covers an area of approximately 1500 m by 2750 m and extends to a maximum depth of 520 m below surface. Details of grade distribution show two separate lobes of higher grade material within the larger low-grade deposit.A ten year program of exploration drilling, underground development, sampling and metallurgical testwork led to a 1983 feasibility study based on a resource of 1600 million tonnes grading 0.127% MoS2 at a 0.08% MoS2 cutoff The large size of the deposit and its homogeneous grade distribution, typically showing gradual outward decrease of grade, makes in pit grade selection practical at several cutoff levels. Cominco Ltd. now reports a Probable Resource of 210 million tonnes averaging 0.22% MoS2 with a further Possible Resource of 1100 million tonnes averaging 0.12% MoS:z. At low molybdenum metal prices which have persisted for 10 years since the molybdenum price spike of the late 1970s and early 1980s, the Quartz Hill deposit is sub-economic."

Jan 1, 1995

By Ian R. Morrison

"Abstract - The Izok Zn-Cu-Pb-Ag volcanogenic massive sulfide deposit is located 265 km south of Kugluktuk (Coppermine), Nunavut Territory, Canada, in the west-central Slave structural province. The Izok deposit is owned 100% by Inmet Mining Corporation and represents one of the largest undeveloped zinc-copper resources in North America. The Izok deposit is hosted within and near the top of a thick sequence of predominantly felsic pyroclastic rocks of late Archean age. The hanging-wall stratigraphy includes additional felsic volcaniclastic rocks, andesitic and basaltic flows, thin sulfide-rich iron formations, and turbiditic sedimentary rocks. The felsic volcanic rocks are intruded by intermediate dikes and sills, followed by gabbroic dikes and sills. Both intrusive suites are interpreted to be volcanic feeders to the overlying flows. All lithologies are subsequently cut by younger, irregular, granitic pegmatite and diabase dikes. The volcanic and sedimentary rocks are regionally metamorphosed to pyroxene hornfels grade. The massive sulfides occur within a large (kilometer-scale) Na-depleted sericitic alteration zone. The immediate footwall and hanging-wall rocks to the deposit are characterized by zones of muscovite- biotite-sillimanite, lesser chlorite-biotite-cordierite, and locally intense silicification and sodium metasomatism. All lithologies have been affected by younger Ca-metasomatism. As currently defined, the Izok deposit comprises a cluster of five complexly zoned composite lenses: the Northwest, North, Central West, Central East, and Inukshuk lenses. The first four lenses are amenable to open-pit mining, whereas the Inukshuk lens will require underground development. The total indicated mineral resource presently stands at 16.5 million tonnes with a grade of 2.2% Cu, 11.4% Zn, 1.1% Pb, and 60 g/t Ag. Inmet Mining Corporation is presently reviewing the economic feasibility of developing the property."

Jan 1, 2004