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By A. S. Macfarlane

Over the last few years, and especially the last few months, issues relating to Corporate Governance in industry in general, and the Minerals industry in particular, have become increasingly topical, as a result of a number of scandals and failures. The development of International and National Codes for the reporting of Mineral Resources and Reserves began some years ago, and has been followed by more stringent Listing Rules for the Securities Exchanges, as well as more standardised formats and protocols for financial reporting of assets and activities. More recently, some countries have adopted Codes for the Valuation of Mineral Properties, which have focussed on standardisation of valuation approaches to be adopted, and the qualifications of people deemed competent to sign off such valuations. This process has not been without criticism, the main criticism being the proliferation of local standards and regulations, which are often difficult to apply and regulate, or which are too prescriptive for multinational mining companies to deal with. In South Africa, these concerns have been recognised, while at the same time a need has been identified to establish a Code which could be applied to South Africa, and the African continent as a whole. Such a development would necessitate that the Code satisfies the needs of the continent, but in a global context. This global context has already been set by the activities of the International Organisation of Securities Commissions, the International Valuations Standards Committee and the International Accounting Standards Board. This paper explains the progress and process that has been established in South Africa for this purpose, and highlights the key issues which are open to public debate, so that the process is inclusive and transparent, whilst at the same time it is consistent with international time frames, and provides a deliverable product that meets the desired objectives.

Jan 1, 2004

By The Staff

The San Anconio mine, owned by San Antonio Gold Mines, Limited, is located on the north shore of Rice lake, thirty miles east of lake Winnipeg, and about one hundred miles northeast of the city of Winnipeg. The three claims which formed the original San Antonio group were staked in 1911. Subsequent additions to the Company's property have in-creased their holdings co thirteen claims. Preliminary development of the property took place between 1925 and 1930. The major ore discovery during this period was the 16 vein. The mine was closed in September, 1930, but re-opened in April, 1932, since which rime it has been in continuous operation. In 1933, a development of special importance was that of the 26 vein. The mill capacity, originally designed for 150 tons, was increased to-wards the end of 1933 to 170 tons. With highly satisfactory mine development, mill enlargement to approximately 300 tons was made possible. The Company has financed the additions and improvements from mine production. Iris of interest to note that San Antonio is the first gold mine in Manitoba to pay a dividend. The first dividend was paid to the shareholders in March, 1934, and the fourth was recently declared. Electric power is transmitted to the property from the Great Falls plant of the Manitoba Power Company over a 66,000-volt transmission line approximately 62 miles long. The old camps, which had been in use since work on the property was started, in 1927, were demolished in the spring of 1934, and new camps were built on the Ross dam. Lumber for these buildings was out at the Company's saw-mill on Gold creek, eight miles from the mine. Two bunk-houses with a capacity of 72 men each were constructed, also a dining room co accommodate 144 men, a store, staff house, hospital, burcher shop, and warehouse. The camp buildings are all steam-heated from an electric boiler. They are all insulated on walls, roofs, and floors with a heavy building board, and are covered on the outside walls with asbestos siding, and on the roofs with corrugated iron. A community of about 800 persons has grown up around the mine, at Bissert. Attention has been given co their social interests, and the management of the mine has assisted its employees co build a community hall, which is used for dances, picture shows, and other entertainments and amusements. A two-room school, with an attendance of 50 pupils, is supported by Company employees. In addition, picnics, boxing contests, and hockey games are encouraged among the employees.

Jan 1, 1936

By S Kasaneva

TheSan Cristobal gold district is located 110 km east of the port of Antofagasta, Chile. It contains the San Cristobal gold mine, where Niugini Mining Ltd. commenced a heap leach operation, with initial reserves of 10.1 million tonnes grading 1.34 g/t Au, in December, 1990. The San Cristobal district occurs within an upper Cretaceous-lower Tertiary magmatic arc. The main mineralisation occurs within a northwest trending subvertical zone, 1km long and 70 - 100 m wide, which contains rhyolite porphyry and minor breccia, and is locally termed the 'subvolcanic complex'. At the San Cristobal mine, most gold mineralisation occurs in subvertical quartz-pyrite veins which were emplaced in dilational sections of an imbricate fault system. The bulk gold resource comprises four ore shoots which formed where the vein system intersects the subvolcanic complex. Gold-bearing quartz-pyrite veins also occur at separate prospects, the Three Sisters and Sol prospects, west and south of the San Cristobal mine.   Hydrothermal alteration consists of potassic and propylitic assemblages related to intrusion of the subvolcanic complex. This alteration is overprinted by a phyllic stage which is associated with the emplacement of the quartz-pyrite veins. The oxide zone is 180 m thick, and contains native gold, electrum, limonite, and manganocarbonates. The underlying hypogene zone contains pyrite with minor chalcopyrite, sphalerite, galena, covellite, bornite, chalcocite, and arsenopyrite. Fluid inclusion studies indicate that the deposit formed at approximately 270¦C, and the mean salinity of the fluid was 4% NaCl equivalent. These observations enable the San Cristobal deposit to be classed as a porphyry- related, mesothermal quartz-vein system of the low sulphidation type.

Jan 1, 1995

By Kasaneva S

The San Cristobal gold district is located 110 km east of the port of Antofagasta, Chile. It contains the San Cristobal gold mine, where Niugini Mining Ltd. commenced a heap leach operation, with initial reserves of 10.1 million tonnes grading 1.34 g/t An, in December, 1990. The San Cristobal district occurs within an upper Cretaceous-lower Tertiary magmatic arc. The main mineralisation occurs within a northwest trending subvertical zone, 1km long and 70-100 m wide, which contains rhyolite porphyry and minor breccia, and is locally termed the "subvolcanic complex". At the San Cristobal mine, most gold mineralisation occurs in subvertical quartz-pyrite veins which were emplaced in dilational sections of an imbricate fault system. The bulk gold resource comprises four ore shoots which formed where the vein system intersects the subvolcanic complex. Gold-bearing quartz-pyrite veins also occur at separate prospects, the Three Sisters and Sol prospects, west and south of the San Cristobal mine. Hydrothermal alteration consists of potassic and propylitic assemblages related to intrusion of the subvolcanic complex. This alteration is overprinted by a phyllic stage which is associated with the emplacement of the quartz-pyrite veins. The oxide zone is 180 m thick, and contains native gold, electrum, limonite, and manganocarbonates. The underlying hypogene zone contains pyrite with minor chalcopyrite, sphalerite, galena, covellite, bornite, chalcocite, and arsenopyrite. Fluid inclusion studies indicate that the deposit formed at approximately 270¦ C, and the mean salinity of the fluid was 4% NaCl equivalent. These observations enable the San Cristobal deposit to be classed as a porphyry-related, mesothermal quartz-vein system of the low sulphidation type.

Jan 1, 1995

By Paul Hosford, Tim Haldane

"The paper describes the fast-track development of the project from feasibility study through to detailed design and construction, highlighting the process adaptations for handling sticky ore and water management in a tropical environment, and subsequent commissioning and operating experience of the mine. The paper discusses the geological setting, the environmental and socioeconomic considerations in developing and operating a mining operation in an underdeveloped country and the logistical challenges involved in bringing a large capital investment into Central America.INTRODUCTIONGlamis Gold Ltd. acquired the San Martin project in Honduras as a result of its merger with Mar-West Resources in late 1998. Despite the prevailing low gold price environment at the time of acquisition, Glamis anticipated rapid development of the San Martin project due to the quality of the deposit and other positive factors.Following favorable exploration and permitting activities in the first half of 1999, Glamis prepared a Feasibility study. In October 1999, Glamis decided to proceed with the development of the project and selected Hatch to provide the engineering, procurement and construction management services for the project. The San Martin project was in full-scale commercial operation approximately 14 months after the receipt of Board approval, and by July 2001 the San Martin project was operating at approximately 150% of its feasibility design capacity."

Jan 1, 2002

By H. L. Barr

THE following report covers the history of the development of the mine, present equipment, methods and costs of mining and milling. In addition, a description of the ore deposit is given with emphasis on the origin of the fractures, mode and types of ore occurrence, and mechanics of granite emplacement. An endeavor has been made to present a complete and accurate statement of the San Mauricio mine, the highest grade gold mine in the Philippine Islands. Credit is gratefully acknowledged to the mine staff for descriptions and details regarding their particular field of work. All analyses were made by Mr. T. A. DeVore, head chemist, San Mauricio Mining Co. Messrs. Edward Wisser, J. E. Fyfe, A. F. Skerl and W. B. Meek, geol-ogists, have contributed geologic information and ideas, for which thanks are extended. The Executive Committee of Marsman and Co., Inc., Managers of the Company, has kindly given permission for publication. Mr. J. B. Stapler, Division Manager, Marsman and Co., has had the courtesy to read the manuscript and to give critical and helpful suggestions.

Jan 1, 1940

By D. L. Gardner, H. L. Barr

THE following report covers the history of the development of the mine, present equipment, methods and costs of mining and milling. In addition, a description of the ore deposit is given with emphasis on the origin of the fractures, mode and types of ore occurrence, and mechanics of granite emplacement. An endeavor has been made to present a complete and accurate statement of the San Mauricio mine, the highest grade gold mine in the Philippine Islands. Credit is gratefully acknowledged to the mine staff for descriptions and details regarding their particular field of work. All analyses were made by Mr. T. A. DeVore, head chemist, San Mauricio Mining Co. Messrs. Edward Wisser, J. E. Fyfe, A. F. Skerl and W. B. Meek, geologists, have contributed geologic information and ideas, for which thanks are extended. The Executive Committee of Marsman and Co., Inc., Managers of the Company, has kindly given permission for publication. Mr. J. B. Stapler, Division Manager, Marsman and Co., has had the courtesy to read the manuscript and to give critical and helpful suggestions. LOCATION OF AREA AND SCOPE OF WORK San Mauricio Mining Co. controls a group of 113 claims that lie immediately north of the town of Jose Pañganiban (formerly Mambulao), Camarines Norte, Luzon, P. I. (Fig. 1). Exploration work commenced in the spring of 1934; active development began in the fall of that year and has continued to the present date. Mill construction was begun Oct. 15, 1935, and production started March 10, 1936. Total production to June 1, 1939, is P10,499,105.15 ($5,249,552.57). [+]

Jan 1, 1940

By H. L. Barr

THE following report covers the history of the development of the mine, present equipment, methods and costs of mining and milling. In addition, a description of the ore deposit is given with emphasis on the origin of the fractures, mode and types of ore occurrence, and mechanics of granite emplacement. An endeavor has been made to present a complete and accurate statement of the San Mauricio mine, the highest grade gold mine in the Philippine Islands. Credit is gratefully acknowledged to the mine staff for descriptions and details regarding their particular field of work. All analyses were made by Mr. T. A. DeVore, head chemist, San Mauricio Mining Co. Messrs. Edward Wisser, J. E. Fyfe, A. F. Skerl and W. B. Meek, geol-ogists, have contributed geologic information and ideas, for which thanks are extended. The Executive Committee of Marsman and Co., Inc., Managers of the Company, has kindly given permission for publication. Mr. J. B. Stapler, Division Manager, Marsman and Co., has had the courtesy to read the manuscript and to give critical and helpful suggestions.

Jan 1, 1940

By Joseph W. Ruetz

The paper describes the San Nicolas deposit, México. San Nicolás deposit is the most important VMS deposit discovered in Mexico to date, and a major deposit on a global scale. The discovery of San Nicolas resulted from the early recognition of VMS mineralization in a region not known for this style of mineralization, and the flexible use of appropriate exploration technology.

Apr 24, 2001

By IRVING H. WENTIVORTII

(New York Meeting, February, 1912.) THE little town of San Nicolás, Tamaulipas, Mexico, lies approximately 60 miles east of Linares, situated in the State of Nuevo Leon, and 150 miles SE. of Monterey, as shown in the sketch-map. Fig. 1. The place is reached from Monterey by the Tampico train as far as Linares, a distance of 92 miles, and then by coach the rest of the way. It is situated in a narrow valley between low hills, the houses forming one main street and a plaza. It is peopled by about 500 inhabitants. The climate is temperate, the thermometer ranging from 90° in summer to a few degrees below freezing-point in winter; but this severe weather only lasts a day or two at a time, when the " northers " blow. There are no streams in the vicinity, but water sufficient for the use of the people is obtained from wells. The rainfall is about the same as that in the rest of NE. Mexico. The rainy months are July, August, and September. The rest of the year is practically dry, with an occasional showery day or two during the winter, when a " norther " is blowing. Timber is abundant in many localities. There are two varieties of oak, besides mesquite, ebony, "maguira," "patol," and a number of other kinds of trees indigenous to this region. I. HISTORY. On the discovery of the silver-lead hearing veins occurring in this district, the mining-camp of San Nicolás was founded in 1767 by the Spaniards, and numerous mines were opened and worked for a distance of abort 3 miles east and 5 miles west of the town. At the western extremity and near the Carrolena mine, a small town called San Pedro was built. The ruined walls of the houses form a single street, and all is over-

Aug 1, 1912

By E. Wm. Heinrich

Glass sands fall into that extremely select category of mineral deposits that requires a fantastic degree of natural concentration (95% +) of a single component before they can even be considered as ores suitable for further refinement. The combination of geological factors that has produced such an environment of "mineralogical single-mindedness" has appeared only rarely. Factors that require consideration in the economic evaluation of a potential glass-sand deposit can be grouped into three categories: 1) geological (e.g., size, shape, structure); 2) petrographic (e.g., grain size, accessory minerals, nature of iron contaminants); 3) geographic - political (e.g., proximity to consumer, size of market, zoning restrictions). Of particular con ern is the nature of the iron contamination. Iron-bearing species appear as 1) accessory mineral grains, either detrital or authigenic, 2) cements, 3) grain coatings, and 4) quartz-grain inclusions. Selection of the cheapest form of beneficiation requires precise information on the mineralogy of the iron species and their detailed petrography. Because of the antipathetic relationships, in many parts of the United States and Canada between the geographical locations of glass plants and the geological distribution of glass sands, the selection of ac suitable source for a particular glass plant may be dichotomous. One may seek either an exceedingly pure "classic" type glass sand that is relatively distant and whose cost includes a major transportation charge or a relatively proximate and somewhat "impure" source whose cost includes a substantial fee for beneficiation.

Jan 1, 1974

By J. Kretschmann, R. Amiri

"The Sangan iron ore mines (SIOM) in Iran are located in a remote area near the Afghanistan border. The SIOM deposit contains a geological resource of 1.1 Gt (1.2 billion st) of mostly magnetite with an iron (Fe) grade ranging from 27 to 61 percent. The Iranian government plans a stepwise development of SIOM in cooperation with private companies to satisfy the growing demand of the Iranian steel industry. Sustainable development is an influential ethical concept in mining all around the world. However, a successful realization of a sustainable development plan is not possible without a foundation on the core values and regarding the specific circumstances of the individual mining country. This paper introduces SIOM and describes sustainable development activities undertaken during its development. From the early stages, these activities have been realized to secure the acceptance of the stakeholders in the region. To evaluate their effects, indicators were filtered to the ones with the highest priority for the stakeholders. Moreover, Islamic values and Iranian regulations and their influences on SIOM were analyzed.Mining industry in Iran The Islamic Republic of Iran holds 68 types of minerals, including salt, sand and gravel, gypsum, chrome, lead, zinc, copper, coal, gold, iron, etc., with 33.5 Gt (37 billion st) of proven reserves and more than 51.7 Gt (57 billion st) of potential resources. Iran is ranked among the 15 major mineral rich countries (1). In accordance with the statistics published by Statistical Center of Iran (SCI), there were 5,316 active mines and 84,922 employees in the whole country in 2012-2013 (2) and, according to the statistics published by Central Bank of Iran (CBI) in 2011, the share of this sector in the gross domestic product (GDP) of the country was 1.2 percent (3)."

Jun 1, 2016

By J. Kretschmann, R. Amiri

"The Sangan iron-ore mines (SIOM) in Iran are located in a remote area, near the Afghanistan border. The deposit of SIOM is containing a geological resource of 1.2 billion tons of mostly magnetite with a Fe grade ranging from 27 to 61 %. The Iranian government plans a stepwise development of SIOM in cooperation with private companies to satisfy the growing demand of the Iranian steel industry. Sustainable development (SD) is an influential ethical concept in mining all around the world. However, a successful realization of a SD is not possible without a foundation on the core values and regarding the specific circumstances of the individual mining country. This paper introduces SIOM and describes SD activities undertaken during its development. From the early stages, these activities have been realized to secure the acceptance of the stakeholders in the region. To evaluate their effects, indicators could be filtered as the ones with the highest priority for the stakeholders. Moreover Islamic values and Iranian regulations and their influences on SIOM have been analyzed. Keywords: Iran, Sustainable Mining, SIOM, Evaluation, Islamic Values INTRODUCTION Mining Industry in Iran The Islamic Republic of Iran holds 68 types of minerals, including salt, sand and gravel, gypsum, chrome, lead, zinc, copper, coal, gold, iron etc., with 37 billion tons of proven reserves and more than 57 billion tons of potential reservoirs. Iran is ranked among the 15 major mineral rich countries (1). In accordance with the statistics published by Statistical Center of Iran (SCI), there were 5.316 active mines and 84.922 employees in the whole country in 2012-13 (2) and according to the statistics published by Central Bank of Iran (CBI) in 2011 the share of this sector in the Gross Domestic Product (GDP) of the country was 1.2 per cent (3). Sangan Iron Ore Mines (SIOM) The deposit of SIOM is one of the largest iron-ore deposits in Iran, also considered to be one of the Middle East’s richest deposits, which contains a total geological resource of 1.2 billion tons of mostly magnetite with a Fe grade ranging from 27 to 61%. It is located 300 km southeast from Mashhad, the capital of Khorasan-e-Razavi Province, and 18 km northeast of Sangan town, in Khaf County, at latitude N34°24’, longitude E60°16’ in the north-eastern Khorasan-e-Razavi Province, 30 km west of the Afghanistan border (4) (Figure 1). SIOM is owned by the Iranian Mines and Mining Industries Development & Renovation Organization (IMIDRO). IMIDRO intends to develop an open pit mine complex and supporting facilities in SIOM for the production of about 20 Mtpy of iron oxide concentrate and pellets in four developing phases (5)."

Jan 1, 2016

By S. Šolar

The countries of Southeast Europe are rich in aggregates, but neither management nor supply are coordinated within or across this area. There are open issues in SEE on the local scale as well as on regional/national and transnational scales that will need to be addressed in order to meet societal expectations related not only to the security of aggregates supply for economy, but also those linked to environmental concerns and social issues. The Sustainable Aggregates Resource Management project (SARMa), an EU Southeast Europe (SEE) activity, has as its objectives the development of common approaches to sustainable aggregate resource management (SARM) and sustainable supply mix (SSM) planning in SEE. In this paper we describe the SARMa project structure and report results for Work Package 3 activities pertaining to best practices for environmental management, the reduction of illegal quarrying, and the promotion of recycling of quarry wastes, construction and demolition wastes and other materials.

Jan 1, 2011

By D. A. Karvonen

In 1970, the Government of Saskatchewan instituted a program aimed at resolving the dilemma of excess productive capacity over the market demand which existed for potash produced in Saskatchewan. The two primary elements of the program were prorationing of potash production to market demand and a minimum selling price. The paper reviews the factors, both local and international in nature that led to the introduction of the program. The licensing mechanics and the operation of the program, along with the changes that have been introduced in two and one-half years of operation, are discussed. Attention is given to the results of the controls as they affect the industry and the province. Also discussed is the outlook for Saskatchewan potash in world markets.

Jan 1, 1973

By C. Knobbs

Contrary to the way it is often portrayed, the average organization or company is far from being a cold, calculating machine. It is actually a highly emotive place where interaction with people is a fundamental part of its ability to perform satisfactorily. The company, through its employers, expects employees, including new graduates, to have the ability to cope adequately with this emotive environment. The graduate is frequently unable to meet this expectation because he/she has not been developed to do so. Technical knowledge is his only asset. This deficiency manifests itself in leadership shortcomings, both intrapersonal and interpersonal. Further analysis reveals a deficiency in three elements of leadership ? self-awareness, oral communication, and an ability to work cooperatively in teams. To address these three elements of leadership, Sasol Coal, a subsidiary of the big petrochemical company in South Africa, sponsored a leadership programme at the University of Pretoria for their final-year bursary students in the faculty of Engineering. This programme, the Sasol Engineering and Leadership Academy (SELA), consisted of a number of interventions designed to address the three areas of self-awareness, oral communication, and cooperative behaviour in teams. These interventions varied from an intrapersonal nature to interpersonal aspects. Psychometric assessments were followed by experiential modules dealing with the three constructs. SELA was evaluated at the end of the year. The results showed a positive shift in the main constructs of self-awareness, communications, and cooperation. This was measured quantitatively and qualitatively. Conclusions were drawn and recommendations for improving the programme were proposed.

Jan 1, 2014

By T. Kagogo, M. Neser, C. Knobbs, E. Gerryts

"Contrary to the way it is often portrayed, the average organization or company is far from being a cold, calculating machine. It is actually a highly emotive place where interaction with people is a fundamental part of its ability to perform satisfactorily.The company, through its employers, expects employees, including new graduates, to have the ability to cope adequately with this emotive environment. The graduate is frequently unable to meet this expectation because he/she has not been developed to do so. Technical knowledge is his only asset. This deficiency manifests itself in leadership shortcomings, both intrapersonal and interpersonal. Further analysis reveals a deficiency in three elements of leadership - self-awareness, oral communication, and an ability to work cooperatively in teams.To address these three elements of leadership, Sasol Coal, a subsidiary of the big petrochemical company in South Africa, sponsored a leadership programme at the University of Pretoria for their final-year bursary students in the faculty of Engineering. This programme, the Sasol Engineering and Leadership Academy (SELA), consisted of a number of interventions designed to address the three areas of self-awareness, oral communication, and cooperative behaviour in teams. These interventions varied from an intrapersonal nature to interpersonal aspects. Psychometric assessments were followed by experiential modules dealing with the three constructs.SELA was evaluated at the end of the year. The results showed a positive shift in the main constructs of self-awareness, communications, and cooperation. This was measured quantitatively and qualitatively. Conclusions were drawn and recommendations for improving the programme were proposed."

Jan 1, 2014

By Donald L. Brothers

"OUT IN BRITISH COLUMBIA, we have a legendary creature called ""The Sasquatch,"" a large ape-like creature which, according to those who claim to have seen it, somewhat resembles the Abominable Snowman of the Himalayas. Through the years, the legend bas been perpetuated by hunters and prospectors who return from remote wilderness areas with fantastic tales about hairy creatures, twice the height of an average human being, who leave 2-ft-long footprints in the soft forest floor. However, the existence of this creature bas never been proven and the attitude in British Columbia circles is that the whole thing constitutes either a great discovery or a giant hoax, and is about equally unbelievable either way.The Sasquatch, however, is not the only giant in British Columbia. If you find the Sasquatch story un-believable, you'll fi nd it just as hard to believe what is happening in the mining industry out west. We have opened four new mines so far this year (1967), another mine is expected to be brought into production before the end of the year and any mining man will tell you it's just the start of a mining boom which will continue for many years if metal prices are maintained and the federal government sees fit to discard the taxation changes pro-posed in the Carter Royal Commission Report regarding mining."

Jan 1, 1968

By J. E. Scott, L. M. Heaman, R. A. Creaser, G. S. Salazar

"Schaft Creek is a calc-alkaline porphyry Cu-Mo-(Au) deposit located in northwestern British Columbia. The deposit formed in a volcanic arc setting, likely on a back-arc rifted continental fragment. It is hosted by Late Triassic basaltic to andesitic volcanic rocks of the Stuhini Group (Stikine Terrane), and is associated with porphyritic granodiorite dikes emanating from the nearby Hickman batholith. The age of the Hickman batholith is approximately constrained here by a composite U-Pb zircon date of 222.1 ± 9.6 Ma, which is in broad agreement with a well-constrained age for mineralization at Schaft Creek of 222.0 ± 0.8 Ma (Re-Os molybdenite). The deposit is in most respects typical of calc-alkaline porphyry systems, but displays silica-poor sericite-chlorite alteration in mafic country rocks in place of classic phyllic altera¬tion. The deposit comprises three distinct, but related, zones: the northern Paramount zone, the Main zone, and the West Breccia zone. Two phases of mineralization are observed. The first phase occurs as hydro-thermal veins and breccias, and minor disseminations. It consists of bornite, chalcopyrite, molybdenite, and pyrite with potassic and sericite-chlorite alteration. The second phase is minor and consists of veins of molybdenite ± specularite, as well as Cu-Pb-Zn sulfide veins without any significant corresponding alteration. Extensive structural modification has affected the deposit both during and after its formation.Schaft Creek est un gîte porphyrique de Cu-Mo-(Au) calco-alkalin situé dans le nord-ouest de la Colombie Britannique. Ce gîte s’est formé dans environnement d’arc volcanique, probablement situé sur un fragment continental bordé par un bassin d’arrière-arc. Le gîte est encaissé par les roches volcaniques basaltiques à andésitiques du Groupe de Stuhini (Terrane de Stikine) d’âge Triasique tardif, et est associé à des dykes de granodiorite porphyrique provenant du batholithe de Hickman avoisinant. L’âge du batholithe de Hickman est estimé par un âge U-Pb composite sur zircon de 222.1 ± 9.6 Ma, lequel est grossièrement en accord avec l’âge de la minéralisation de Schaft Creek, estimé a 222.0 ± 0.8 Ma (Re-Os sur molybdénite).Ce gisement, bien qu’à plusieurs égards typique des systèmes porphyriques calco-alcalins, présente une altération en séricite-chlorite pauvre en silice dans l’encaissant mafique a la place de l’altération phyllique classique. Ce gîte comprend trois zones distinctes bien que connexes : la zone Paramount au Nord, la zone Principale et la zone West Breccia. Deux phases de minéralisation sont observées. La première phase se présente sous forme de veines et de brèches hydrothermales ainsi qu’en disséminations mineures et consiste en bornite, en chalcopyrite, en molybdénite et en pyrite avec une altération potassique et en séricite-chlorite. La seconde phase est mineure et consiste en veines de molybdénite ± spécularite ainsi qu’en veines de sulfures de Cu-Pb-Zn sans association à une altération particulière. Le gisement a été profondément modifié par la déformation a la fois durant et après sa formation."

Jan 1, 2008

By James Scott

Outline Deposit Overview and Brief History ?Geologic Setting ?Local Geology ?Petrography ?Geochemistry ?Mineralization ?Geochronology ?Conclusions Deposit Overview ?Porphyry Cu-Mo-Au ?Discovered 1957 (BIK Syndicate) ?Various programs, most significant: ?Hecla(1970s) ?Teck(Late 1970s Early 1980s) ?Copper Fox Metals (2005 -Ongoing ?optioned from TeckComincoin 2002) ?Measured and Indicated Resources: ?847Mt grading: ?0.292% Cu ?0.019% Mo ?0.202g/t Au ?1.796g/t Ag ?Total ~ 0.485 % Cu Eq.

May 1, 2006