Search Documents

By LUIS ALBERTO TORRES-CRUZ

The assessment of liquefaction vulnerability is crucial to understanding the potential consequences of a tailings dam failure. The “Plewes method” is a relatively well-known and simple screening method to assess liquefaction potential based on results of cone penetration testing (CPT) which may be complemented with laboratory testing. The objective of the current work is to emphasise the screening nature of the method and its uncertainties when applied in tailings deposits. Specifically, the paper highlights the difficulties in assessing the intrinsic uncertainty of the method and the additional uncertainty that results from variations of the slope of the critical state line (λ10) along the depth of the CPT sounding. The results of the method are too uncertain for detailed characterisation of tailings even when a relatively low intrinsic uncertainty is assumed. However, the method characterises weaker soils with lower uncertainty (although still too high for detailed characterisation) than stronger soils. The uncertainty of the method is negatively affected by the relatively low λ10 values that are typical of nonplastic tailings. It is suggested that the results of the method should be presented in scatter plots in which the spread of the data is consistent with the uncertainty of the method.

Jan 28, 2021

By J. R. Nawrot

Reclamation of potentially acid producing coal processing waste requires a 4-foot cover, and/or treatment to allow vegetation establishment. If not planned properly, soil covering alone does not prevent refuse acidification or formation of acid seeps. Adequate neutralization enhancement prior to soil covering can maintain an alkaline environment in the soil refuse interface and prevent acidification. Direct vegetation establishment using only limestone amendment (without soil cover) can successfully reclaim aged and weathered fine (Blurry) and coarse (gob) refuse if adequate neutralization treatment is provided for the oxidized surface zone. Acid seeps, representing an "after-the-fact" verification of an imbalance of acid-base equilibrium may also be corrected using upslope alkaline recharge techniques. Concentrated alkaline recharge pools have been constructed above previously soil covered acid gob at the Peabody Will Scarlet Mine to abate acid seeps. Preliminary monitoring results (1989-1992) from a concentrated alkaline recharge pool demonstration project in the Pit 4 area of the Will Scarlet Mine have documented a 50 to 80 percent reduction in acidity in the principal recharge pool groundwater zone. A 22% reduction in acidity has occurred in the primary seeps located downslope from the alkaline recharge pools. The initial improvements in water quality are seen as a positive indication that groundwater acidity will decrease further and amelioration of the acid seep will continue.

Jan 1, 1993

By Robert W. Holliday

Natural resources are the reservoir from which society draws its material sustenance. Although there is a growing awareness of the need for aesthetic resources such as space for recreation and natural beauty, the basic resources are soil, air, water, and minerals including fuel. Minera's and all sources of energy gain in relative importance with advancing technology and expanding industrilization. In the highly industrialized economy of the United States, almost every aspect of man's life is touched in some way by a product of, the mineral; industries. Agriculture owes much of its productivity to mineral-based fertilizers, insecticides, and mechanical equipment. Modern construction, manufacturing, communications, and transportation are all dependent on nonmetallic minerals, metals, and fuels. Throughout history, those nations with access to minerals, and the technology for using them, have gained ascendency. Before World War II the leading powers also were, leading coal producers. In order of declining rank the five leading' coal producers were the United States, the United Kingdom, Germany, the USSR, and Japan. That the military victory went to the side with the greater' capacity to convert iron and coal into tools of industry, and weapons, is' more than coincidence. It is a fundamental' fact of existence. It is axiomatic that the United States must have a continually increasing supply of minerals if we are to meet the needs of our burgeoning population for a comfortable standard of living and for national security.

Jan 1, 1968

By B. Goertz

Since the turn of the century the mining industry in the United States has had a number of serious mine explosions, fires and ground fall disasters that have led to a major re-evaluation of mine communication and rescue practices. One of the hindrances of current underground communication technologies is the potential of lost or cut connections when a serious accident, such as an explosion, fire, inundation or major ground fall, takes place. The Mine Improvement and New Emergency Response Act of 2006 (MINER Act)1 mandated that each underground coal mine in the U.S. must provide for two-way wireless, post-accident communications between underground and surface personnel as well as electronic tracking of underground workers One area that has gained renewed attention in the mining sector is Through-The-Earth (TTE) communication. TTE technology has a major advantage in that transceiver devices can be carried by miners and set up quickly during an emergency, since they require no wire connection to the surface. TTE technology uses ultra-low frequency (1 to 4 kHz) electromagnetic waves, requiring relatively large wire loop antennas and highly sensitive receivers. The signal bandwidth is narrow and the permissible antenna currents in coal mines are restricted, which has led to limited usability of TTE technology in the past, as evidenced in research studies conducted by the U.S. Bureau of Mines in the 1970s. Yenchek (2012)2 pointed out that recent advances in receiver and signal processing technology have enabled voice and text communication capabilities and much improved sensitivity that offers new possibilities for TTE communication in mining applications. One company that has been developing such technology is Vital Alert Communication Inc. Vital Alert has been providing TTE communications since 2003 with a growing focus on emergency response and portable systems. The company?s Canary® Go System is one such product that looks to provide reliable communication capabilities in a portable, user friendly unit that can be utilized both for normal operation and mine rescue scenarios. Researchers at the Colorado School of Mines (CSM) have tested the Canary Go TTE communications system in the CSM Edgar Experimental Mine to determine signal propagation distances, signal quality and aspects of practical application.

Feb 23, 2014

By A. J. S. Spearing, B. Forbes, T. Kostecki, A. Hyett

Improving upon the past understanding of the interaction between installed rock bolts, the immediate roof and sidewalls is vital for the implementation of sound support system design, as this has a direct impact on rock-related safety. This is the primary goal in rock-bolt-related research. The earliest research in this field concentrated on limited laboratory and in situ measurements accompanied by theoretical analyses, based on the Kirsch equations. This represented the initial insight into understanding relative ground movements and their impact on primary support. However, these studies were far from complete. More recently, major technological advances in computing power within the mining industry has changed the scope from theoretical analysis to computer simulation. Even with these advancements our understanding of rock bolts in situ and in the laboratory has not progressed, particularly concerning bending and shear. To measure the behavior of rock bolts, the widely accepted practice is to populate the bolts with an array of strain gauges. Historically, resistive foil strain gauges or long displacement sensors have been used. Additionally, all instrumented rock bolts have used only two diametrically opposed slots. Rock bolts instrumented with these methods have significant shortcomings, one of which is the inability to capture shear and bending. The shearing and bending of rock bolts are particularly common in tabular soft rock mining, such as coal mining. This paper discusses the use of three slotted rock bolts, cut diametrically 120º apart, and two new optical fiber technologies populated along the entire rock-bolt length.

Jan 1, 2015

By L. R. McCullough

To compete in Today's Market, Mine Managers have two, often conflicting tasks. They are to improve productivity, allowing the mines to compete in our world markets and to improve the environment in which our miners must work. To Maintain and improve the environment to ever increasing acceptable levels requires monitoring. In years passed this required considerable labor, which was provided by the Ventilation Department. They continuously took manual samples using hand-held instruments, sampling gas level such as CO for fire and methane for explosive risks. In addition they took continuous air velocity readings with hand-held instruments which allow them to calculate the ventilation air movement in each area of the Mine. This manual gathering of information was not only expensive and slow but marginal at best. It was marginal because the gas sampling was sporadic rather than continuous, as sample reading taken in one part of the mine would likely not be repeated for another 8 hours. If problems did occur, they likely went unobserved until they reached crisis proportion.

Jan 1, 1990

By James T. Curry

The steady growth of the Northwest portion of the United States over the past two decades, and the very rapid development of Northern California, Western Nevada, and Oregon in particular, led the Calaveras Cement Company people to Shasta County, California in 1957. The presence of a large deposit of high calcium carbonate limestone had been recognized for many years, but it required the momentum of an expanding economy to make these long known reserves valuable. This, plus the availability of a reliable supply of fuel in the form of natural gas, and the ready means of shipping the product to the consumer both by highway and railroad, seemed to offer the proper combination to launch a successful venture. The Calaveras Cement Company had been manufacturing cement by the wet process since 1925 at their plant at San Andreas, California. Starting with two small kilns, the plant in Calaveras County started an expansion program in 1945 that ultimately resulted in the plant as it exists today, consisting of five kilns with a combined production of 4.5 million barrels annually.

Jan 1, 1967

By D. R. Wilburn

his summary of international mineral exploration activities for the year 2011 draws upon available information from industry sources, published literature and U.S. Geological Survey (USGS) specialists. The summary provides data on exploration budgets by region and mineral commodity, identifies significant mineral discoveries and areas of mineral exploration, discusses government programs affecting the mineral exploration industry and presents [ ] analyses of exploration activities performed by the mineral industry. Three sources of information are reported and analyzed in this annual review of international exploration: 1) budgetary statistics expressed in U.S. nominal dollars provided by Metals Economics Group (MEG) of Halifax, Nova Scotia; 2) regional and site-specific exploration activities that took place in 2011 as compiled by the USGS and 3) regional events including economic, social and political conditions that affected exploration activities, which were derived from published sources and unpublished discussions with USGS and industry specialists.

Jan 1, 2012

By S. Rajan

Familiarity with NEMA standards and the influence of the power supply on the motor-load system permits the user to make the necessary decision as to whether a standard or special motor is needed for his particular application. This paper highlights the more important aspects of NEMA standards for ac induction motors from the application engineer's standpoint and the effect of the power supply on motor characteristics.

Jan 1, 1975

By K. Zabrusky

"Wireframe construction is an integral part of resource estimation. Wireframes control domaining of samples and data for geostatistical analysis and grade estimation. They may also provide 3D representations of lithology and grade domains. Thus, the way in which a wireframe is constructed has implications throughout the resource estimation process. Proper construction technique and understanding of wireframing processes should be a high priority in a model workflow. Herein is presented an overview of two main categories of wireframes: implicit and explicit. Construction differences between these two types are highlighted. Factors affecting the choice between the two wireframe types will be discussed, including data quantity, data distribution, and sampling technique. Deposit geometry also plays an important part in wireframe construction. The role of geologic knowledge, cross section orientation, and deposit type in regards to wireframe construction will be discussed. The effect of wireframe type on resource estimation will be examined. Finally, best practices for creating meaningful solids that contribute to a reasonable grade estimation are outlined. INTRODUCTION Wireframes are essential to many types of resource estimations. They provide a way to delineate a deposit into various domains. Domaining can be done by lithologic or geologic units, structures or structural zones, or by grade. Domaining is important for geostatistical analysis and grade estimation of a deposit. The purpose of domaining is to analyze and estimate like data with like. Grade distribution patterns may vary by lithology or by proximity to or existence within structural zones. Properly constructed wireframes are therefore a fundamental necessity to a properly executed geostatistical analysis and resource estimation model. The choices made in construction of wireframes have a trickle-down effect on the entire model and should be made according to best practices for the deposit type at hand.TYPES OF WIREFRAMES Explicit The term “explicit wireframe” is used in this paper to indicate wireframes that are constructed by the modeler. This usually involves the modeler drawing the wireframes “by hand”, e.g. still utilizing some sort of computer aided drawing software, but with the modeler making all decisions about the size, shape, and positon of the wireframe. These wireframes are drawn based on some type of key variable that the modeler determines is important to their system. Often, this key variable may be a lithologic unit that controls mineralization, an observable structural zone, or a grade cutoff. Explicit wireframes are generally constructed as a series of shapes drawn on 2D planes or cross sections that are then connected into a 3D shape. Figure 1 shows an example of an explicit wireframe that was drawn based on a grade cutoff on 2D sections (Figure 1a), then joined into a 3D shape (Figure 1b)."

Jan 1, 2015

By G. V. Campbell, O. T. Holdsworth, M. G. Nelson

A senior design project is required by all accredited mining engineering degree programs. Often referred to as the capstone of a student’s education, this project is expected to include all the important components of the preliminary economic assessment of a mineral prospect, including orebody modeling, grade and reserve estimation, selection of mining and processing methods, preliminary mine design, access and utilities, environmental compliance and reclamation, and financial analysis. Two of the authors (Campbell and Holdsworth) completed a senior project in 2021. They analyzed the Akie zinc deposit located in Canada. This paper summarizes the economic analysis portion of that project. The two primary objectives of this economic analysis were risk reduction and integration of economics and engineering. Addressing risk is important as risk is one of the primary concerns in mining investments. Risk reduction was the primary concern through the entirety of this economic analysis. Integration of financial analysis and engineering design was the first component of a risk reduction design. This allowed for financial and engineering design to be optimized in conjunction with one another. This produced benefits from both a financial and an engineering prospective. From a market, economic, and financial risk perspective, risk was reduced by forecasting multiple metal price scenarios, and then addressing the Akie project’s economic viability at each price point. Lastly, risk was address through consideration of nontraditional financing options. The project also sought to minimize financial and human capital risk, by proposing mutually beneficial cooperative social relationships and favorable work, schedules. Description of that work is not included in this paper.

Mar 2, 2022

By Arif Emre Dursun, Ali Aras, Hakan Özşen

Specific energy (SE) is defined as the amount of work required to cut a unit volume of rock and is used to estimate the performance of excavation machines. Generally, the SE value is produced from full-scale or small-scale rock cutting tests. However, these tests require expensive equipment and experienced personnel, and the testing procedure is time consuming and impractical. Therefore, for estimation of SE, this study aimed to find a solution to estimate SE using rock mechanics test results and Bond work index values (BWi), which can be produced in a more practical, less time-consuming manner and with inexpensive test equipment. Small-scale rock cutting, rock mechanics and Bond work index tests were carried out on seven rock samples, which can be grouped into two different type of rocks: marble and travertine. In addition, the instantaneous cutting rates (ICR) of a selected roadheader were calculated using SE values. Rock mechanics tests performed in this study were uniaxial compressive strength (UCS), Brazilian tensile strength (BTS), ultrasonic velocity (Vp), Schmidt rebound hardness (RL), corrected point load index (Is(50)) and density (ρ). The simple regression method was used to estimate SE from rock properties and BWi. As a result of this simple regression, a significant and highest correlation was found between SE vs. UCS and Is(50). A good correlation was found between SE vs. BTS, RL and BWi values. A moderate correlation was found between SE vs. Vp and ρ.

Jul 28, 2021

By R. N. Gow

EH-pH diagrams are useful tools in understanding how mineral surfaces react in solution and particularly how aqueous conditions can be changed to enhance mineral leaching processes. However, successful application of these diagrams requires several things be kept in mind to prevent what others have termed ?gross errors? in their calculation and use. The aqueous Cu-S system is used as the basis for explaining the mass-balanced method of calculating EH-pH diagrams with the thermodynamic equilibrium software, STABCAL. This includes a breakdown of the Gibbs? Phase Rule and how it is employed in STABCAL to modify the diagrams. This methodology was then applied to the aqueous Cu-As-S system and resulting diagrams are compared against examples of those generated using the predominant-ion method. The resulting mass-balanced diagram for enargite (Cu3AsS4) is noted to compare well with spectroelectrochemical measurements using Raman spectroscopy and cyclic voltammetry.

Feb 23, 2014

By Mike Moody

"No matter what type of ore is being extracted from a mine, mucking with front loaders can be accompanied by wet fines that cling to every surface. Once loaded into a hopper or conveyer transfer chute, viscous material can quickly build up on the walls to create bottlenecks, clogging the chute and causing expensive downtime.Clearing material from hoppers, chutes, bins and vessels can be done using manpower and tools on hand, but safety experts recommend considering a solution that prevents exposing workers to potential hazards. Operators at modern mining sites, such as the Eagle Mine, located in Western Marquette County of Michigan’s Upper Peninsula, understand that using specialized equipment reduces worker exposure, offers the safest mode of production and provides the most cost-effective lasting results.“Safety is a top priority for us,” said Ted Lakomowski, lead reliability technician at the Eagle Mine. “When we experienced clogging and downtime at the processing mill, the crew naturally swung into action to resolve it, but we immediately sought a safer long-term solution.”Stope mining for nickel and copperOwned by Lundin Mining, a globally diversified base metals mining company headquartered in Toronto, ON, Canada, the Eagle Mine is the only primary nickel mine in the United States, producing 1.5 percent of the world’s total nickel production. The first operation permitted under Michigan’s Part 632 Non-Ferrous Mineral Mining Law, it opened in 2014 and is expected to produce 163 kt (360 million lbs) of nickel, 134 kt (295 million lbs) of copper and small amounts of other metals over its estimated nine-year lifespan.The company extracts approximately 2 kt/d (2,200 stpd) from the underground nickelcopper mine using a bench-and-fill stoping process. Accessed from the surface by specialized underground trucks, the vehicles carry about 45,400-kg (100,000-lb) loads through a 1.6-km (1- mile) long and 5.4-m (18-ft) diameter ramp shaft descending into the earth at a 13 percent grade. Stoping is a bottom-up method that involves systematically blasting columns of loosened ore that is then mucked by front loaders into trucks and backfilled using cemented and uncemented rockfill."

Aug 1, 2019

By B. T. Lusk, J. M. Hoffman, J. Silva Castro

Blast vibration induces sounds within neighboring residences. A housewide vibration and sound monitoring system was installed in a West Virginia home subjected to blasts from various distances and directions. Eighty-nine blast events were monitored and analyzed. Fifteen channels of data were collected, including data from three triaxial geophones, one airblast microphone, one uniaxial geophone mounted on the wall of the house (response channel) and four microphones that recorded CD-quality sound waves inside the house. Each of these channels was recorded on the same time scale. The response channel signal was easily separated into ground vibration and airblast-induced movement, due to differences in the time of arrival. This response channel was then compared to the sounds recorded to determine which component of blast vibration induced the maximum sound response. Blasts at distances less than 762 meters (2,500 feet) had maximum sound responses from both ground vibration and airblast, while for blasts beyond 762 meters (2,500 feet), the maximum sound response was caused by ground vibration without exception. When airblast was identified as the dominant sound generator, the peak amplitude of the sound was directly related to the amplitude of airblast. When ground vibration was identified as the dominant sound generator, the peak amplitude of sound was not related to the amplitude of ground vibration. Findings from frequency analysis showed that the frequency content of sounds inside the house was not related to the frequency content of airblast or ground vibration, regardless of source. This finding suggests that residents will have difficulty determining the source of blast-induced noise in their homes. The proposed airblast response factor (ABRF) can aid blasting operations to determine the dominant source of sounds inside a complainant’s house based on the time-of-arrival relationships. With this site-specific information, public relations responses can be developed accordingly.

Jan 1, 2010

By A. B. Cecala

Video technology coupled with datalogging exposure monitors have been used to evaluate worker exposure to different types of contaminants. However, previous application of this technology used a stationary video camera to record the worker?s activity while the worker wore some type of contaminant monitor. these techniques are not applicable to mobile workers in the mining industry because of their need to move around the operation while performing their duties. the Helmet-Cam is a recently developed exposure assessment tool that integrates a person-wearable video recorder with a datalogging dust monitor. these are worn by the miner in a backpack, safety belt or safety vest to identify areas or job tasks of elevated exposure. After a miner performs his or her job while wearing the unit, the video and dust exposure data filesare downloaded to a computer and then merged together through a NIOSH-developed computer software program called enhanced Video Analysis of Dust exposure (eVADe). by providing synchronized playback of the merged video footage and dust exposure data, the eVADe software allows for the assessment and identificationof key work areas and processes, as well as work tasks that significantlyimpact a worker?s personal respirable dust exposure. the Helmet-Cam technology has been tested at a number of metal/nonmetal mining operations and has proven to be a valuable assessment tool. mining companies wishing to use this technique can purchase a commercially available video camera and an instantaneous dust monitor to obtain the necessary data, and the NIOSH-developed eVADe software will be available for download at no cost on the NIOSH website.

Sep 1, 2013

By Ian Sherrell, Christian Cardoso, Henri Vepsäläinen, Guillermo Bermudez

Performance of mixing mechanisms in flotation cells is paramount, as inefficiencies can lead to financial losses through valuable minerals lost to tailings. Technological advancements have been implemented in flotation cells to optimize performance, but regardless of the efficacy of these developments, room for improvement may persist. Since its launch in 2005, FloatForce® has set a high industry standard for flotation mixing mechanisms. However, current mining trends call for sustainability-driven developments while improving metallurgical performance. Metso has recently introduced FloatForce®+, the latest iteration of FloatForce, developed through extensive laboratory, pilot, and industrial testing, aligning with mining sustainability trends. It has been designed to maximize recovery, reduce power draw and optimize manufacturing materials. This development stems from a redesigned rotor profile paired with a harmonizing stator configuration. This paper presents the development journey of Metso’s latest patented flotation mixing mechanism, an advancement to improve metallurgical performance at a high sustainable standard in flotation cells. The theory, CFD modeling and test work are discussed in detail.

Feb 1, 2025

By John Drew Ridge

Tables showing world trade in metallic mineral raw materials during the years 1953 through 1957 have been prepared for the following twenty-one commodities: alumina, aluminum, bauxite, chromite, copper concentrates, partly refined and fully refined copper metal, iron ore, pig iron, iron and steel (simple shapes), lead concentrates, lead metal, manganese ore, mercury metal, nickel ore, concentrates, and matte, nickel metal, raw pyrites, sintered pyrites, tin concentrates, tin metal, zinc concentrates, and zinc metal. In each instance, the amounts given by the importing country were used except when statistics from the importing nation were lacking, incomplete, or misleading. To show the considerable divergence between importing and exporting country totals for the same years, the complete mercury table is given and, in parallel columns, shows the comparable tonnages of importers and exporters. Tables for the other twenty commodities are presented in summary form. The data of the concentrate tables are used with those of the corresponding metals as a basis for a discussion of trade in concentrates versus trade in metals. The data of all twenty-one tables provide the basis for testing the thirteen rules governing international trade in metal raw materials which I first published in Mining Engineering for July 1955. Because the 1953 through 1957 data are far more complete and considerably more extensive than those on which the 1955 rules were based, it was found possible to deduce five additional rules and to modify three of the original thirteen appreciably. The full text of the eighteen rules is given.

Jan 1, 1960

By Ihsan Berk Tulu, Ted Klemetti, Deniz Tuncay

Accurately estimating load distributions and ground responses around underground openings plays a significant role in the safety of the operations in underground mines. Adequately designing pillars and other support measures relies highly on the accurate assessment of the mining-induced loads, as well as the load-bearing capacities of the supports. There are various methods that can be used to approximate mining-induced loads in stratified rock masses, both empirical and numerical. In this study, the numerical modeling approach recently developed at West Virginia University, which is based on the modeling approach developed by the National Institute for Occupational Safety and Health (NIOSH), is investigated using the finite difference software FLAC3D. The model includes the longwall panels, the adjacent chain pillar systems, and the different stratigraphic layers of the overburden. Using the 3D model, changes in loading conditions and deformations on the areas of interest, induced by an approaching longwall face, can be examined. This paper details the 3D modeling of a longwall panel utilizing this approach, and the verification of the results against field observations. The studied panel was 360 m wide with a 3-entry chain pillar system and about a 160-m average overburden depth around the studied area. The overburden strata consist of alternating layers of shale, sandstone, and limestone. The FLAC3D results were compared against field measurements from the mine site. The stress change values measured in the chain pillars were comparable with the modeling results. The model also replicated the surface subsidence profile obtained from field measurements fairly well. Overall, the 3D modeling approach was found to be successful for the case study longwall panel.

Sep 23, 2020

By William L. Young

There is an old saying in Canada: "Mines are made as much as discovered." What follows is Young's perception of his experience developing and financing the Cochrane Hill gold mine project. In 1974, I came back from rutile and zircon exploration and mining in Australia. I became interested in a copper, lead, and zinc project in the Bathurst District, New Brunswick. Much field work had already been done but I was convinced that a reinterpretation of the geophysical work left room to enlarge on the known mineralization. So, with my own money I put a property deal together, found an underwriter willing to raise $100,000, and had a lawyer produce a prospectus. The prospectus was ultimately accepted for filing by the Ontario Securities Commission and I acquired funding and began work. It did not take many drill holes to determine that the interpretation was not geologically valid. However, while drilling was going on, geophysical and geochemical explorations indicated interesting anomalous zones elsewhere on the property. But by now the base metal market climate had soured and the $50,000 I had left was not enough to evaluate the new results. So I decided to farm out the property. A data folio was produced and the property was optioned to a major mining company, with Northumberland Mines Ltd. retaining a 20% free, carried interest. By 1976, the market for junior issues was so bad no under¬writer would even talk to a geologist and I still had the $50,000 in the bank and was looking for something to initiate. A Project That Went Nowhere Market research indicated that the Toronto area imported fine calcium carbonate fillers from Georgia, Alabama, and Vermont. I was aware of the specs and the fact that there is a large marble belt in Eastern Ontario. After some prospecting, I found an interesting deposit. The product was slightly high in silica and low on brightness. Research work eliminated the silica and corrected the brightness. So, with insufficient money we launched a feasibility study. This included diamond drilling, bulk sampling, special fine grinding and air classification tests, and an in-depth market survey. Our product was as good or better than those on the market. Our advantage was that delivery could be made by a two-hour truck haul to the customer. The present system of rail delivery had many problems, especially in winter. Despite everything looking rosy, we ran into a stone wall. The underwriters were singularly unimpressed because the public saw little glamour in a substance most people had never heard of. The issue would have been difficult-if not impossible-to sell. Banks and government agencies took the position that if we could get long term take-or-pay contracts then they would lend the required capital. None of the suppliers, however, would even consider a contract until production had begun and they could evaluate the production material. It was a classic "catch 22" situation. I have gone into this in some detail to show how tough the industrial mineral market can be. We eventually optioned this calcium carbonate property to a major corporation. The option agreement would give us a free, carried 15% and the right to buy up to 40% for contributing 25% of the production costs. But the experience left my company in poor financial shape. To survive, I think the entrepreneur-geologist must always have at least one project in reserve, an emergency plan. I had been searching out a new project to work on, after the calcium carbonate option was wrapped up. It was gold. Gold intrigued me and I knew quite a bit about Nova Scotian gold. I felt that with any rise in price, many of the former high-grade gold mines would have interesting potential for the larger, low grade portions of the deposits. That is how I happened on Cochrane Hill, where much work had been done in the early 1970s when gold as $4.82/g ($150/ oz). This time my timing was good. No sooner had Northumberland signed an option agreement than gold prices started to rise. In six months, they went to $27.331g ($850/oz). Even so, financing gold prospects in early 1980 was still not easy. It had been years since gold financing had been undertaken. A whole new generation of investors, with no knowledge of gold mining, had grown up. So, with accounting and legal council, we decided on a semiprivate "seed money" offering. Under the new Ontario Securities Act, this was a new-and partly tax sheltered-concept. At the time, it was very innovative.

Jan 6, 1982