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By Eric Low

Raising capital by issuing debt or equity is necessary in almost every corporation. In the field of corporate finance, the raising of capital is a heavily-studied topic. However, some of what is studied on this topic in corporate finance is not applicable in the mining industry. There are also many financing options that were created for the mining industry such as flow-through shares, prepaid forwards, and royalty sales. The cyclical nature of the industry makes the risk-return profile of financings more difficult to estimate than in other industries. Additionally, the methods used to assess firm value are different than other industries, as the values of orebodies are not included on balance sheets. For precious metals companies, which are a hedge against most other securities, there are additional complications with determining investor expectations and cost of equity. This thesis puts forth a decision-making framework to explain mine financing choices from the perspective of mining companies. The approach is threefold. First, all of the major equity and debt financing instruments available to mining companies are presented and analyzed. Each financing method is assessed on a wide range of criteria. Next, these concepts are applied in case studies of four companies: BHP Billiton, Barrick Gold, Teck Resources, and Noront Resources. For each company, the overall choice of financing methods is shown and analyzed. The effect of financing choices on the weighted average cost of capital (WACC) is calculated. The final section deals with case studies of individual mine finance decisions during the past two years.

May 1, 2011

By I. C. L. Webster, G. E. Ray

"The magnetite-rich Heff Cu-Au skarn lies in the Quesnel Terrane of south-central British Columbia, approximately 26 km northeast of Kamloops. The skarn formed close to the northern margin of the Heffley Creek pluton, and is hosted by Carnian (Late Triassic) Nicola Group limestone. The Late Triassic pluton (208.1 ± 6.1 Ma, U-Pb zircon) is a composite body of alkaline affinity that includes dioritic, gabbroic, and magnetite-rich clinopyroxene ± olivine ultramafic phases.The skarn has been discontinuously traced along strike for more than 1 km, and individual skarn layers are up to 40 m thick. The most common non-opaque minerals are garnet, clinopyroxene, and carbonate, with lesser epidote, biotite, amphibole, and chlorite. Apatite locally forms more than 3 vol.% of the rock. Compositionally the garnet is a low Mn grandite averaging Pyr3-Grs41-Adr56 mol.%.Mineralization consists of lenses, up to 10 m thick, containing massive low Ti-V magnetite (avg. 0.03 wt.% TiO2 and 0.01 wt.% V2O3). Magnetite is associated with up to 20 vol.% pyrrhotite, lesser pyrite, and trace chalcopyrite and gold. There is a moderate enrichment in rare earth elements with assays up to 570 ppm La and 490 ppm Ce. The Heffley Creek pluton belongs to a suite of Late Triassic-Early Jurassic alkalic and Fe-rich intrusions that are widely developed throughout the Quesnel Terrane. Some host Cu-Au porphyry mineralization, but less commonly they are associated with magnetite-apatite veins such as at the Glen Iron mine and Magnet occurrence, or with magnetite-rich Cu-Au skarns such as the Heff occurrence.Although abundant low Ti magnetite is present in the Heff skarn, it does not appear to represent iron oxide copper- gold (IOCG) type mineralization. Microprobe analyses completed during this study show that low Ti magnetite is not a unique feature of IOCG deposits, but also characterizes some other types of hydrothermal mineralization. In British Columbia these include some alkalic porphyry-related magnetite-apatite veins in the Quesnel Terrane, as well as the well-known Wrangellia-hosted Fe skarn deposits. Thus, low Ti magnetite appears to be a common signature of many magmatic hydrothermal deposits in contrast to the high Ti primary magnetite found in most igneous rocks."

Jan 1, 2007

By D. Marcotte

The Rock Quality Designation (RQD) is a standard scalar measure of rock quality used in common rock mass classification systems (e.g. RMR, Q system). RQD is measured along diamond drill holes. RQD interpolation between holes is nontrivial. Despite the inherent limitations of drill hole data and the local complexities of structural geology, it is often the only information available for mining and major civil engineering projects. Therefore, maximizing the usefulness of this data is warranted. We derive a correction for directional effects that help reduce the bias and improve the accuracy of the estimations. The correction is derived with the aid of numerous simulations. It relies on simple information, the angle between the joint normals and the borehole axis (JO). A reference direction is identified as the borehole direction with smallest JO. A multiple linear regression model based on JO statistics in the various boreholes defines the correction model. The corrected RQD values are then interpolated. It is shown the method enables reducing the bias on RQD estimation by 50% and improves the accuracy of the estimates by 30%. The corrected RQD values show stronger spatial continuity than the raw values. The benefits of estimating the RQD indirectly by using joint frequency measures are also assessed.

May 1, 2003

By Z. Xiao, A. R. Laplante

"The recovery of gold by gravity from grinding circuits differs from virtually all other gravity recovery approaches in that stage (or unit) recoveries are low, typically 1 to 5%, but overall recoveries are generally in the 25 to 60% range, because individual gold particles are presented many times to the primary recovery unit. Full-scale recovery is difficult to predict from benchscale tests. Further, maximizing metallurgical recovery is generally not the primary objective, because of the more efficient downstream recovery circuit (flotation or cyanidation). In this paper, a new concept, the gravity recovery effort, is presented to assist in the design and optimization of gold gravity circuits. It is defined as the product of the circulating load treated by the primary gravity unit, the recovery of this unit, and the gold room recovery. Predicted gold recovery is linked to the recovery effort, the size distribution of gravity recoverable gold (GRG), the dimensionless retention time in the mill and the partition curve of GRG. A case study of economic optimization of the gravity recovery effort is presented. INTRODUCTIONPredicting gold gravity recovery from grinding circuits has always been a hit-and-miss exercise. The problem can be traced to the highly variable gravity recoverable gold (GRG) content of ores, high GRG circulating load, fraction of the circulating load treated, and performance of primary gravity recovery and gold room. Typical values, highs and lows are shown in Table 1."

Jan 1, 2001

By J. G. Henning

Following completion of planned mining operations at the Goldcorp Dome Open Pit Mine, a high-grade Shaft Pillar located in the pit highwall was recovered. Mining of this Shaft pillar faced numerous rock engineering design and implementation challenges due to its remote position on the highwall and the presence of mine workings within the wall. The case example presented in this paper discusses the geotechnical investigation performed at the site, novel measures undertaken for installation of ground support required for rockmass reinforcement and for worker protection, as well as operational challenges to successful mining of the Shaft Pillar.

May 1, 2009

By Åke Krukka, Heribert F. Broicher

"The iron ores of the Kiruna Mine in Sweden are of exceptional quality but for the phosphorus content in certain zones of the orebody. The prevention of mixing ores high in phosphorus with those low in phosphorus has always been of significant economic importance. The ongoing introduction of tele-mining and automatic haulage by LHDs requires new means in the field of quality control underground, as the experienced miner as well as the underground laboratory assistant no longer are involved in the process. As of 1998 LKAB has been testing prototypes of LIF Analysers for non-contact and real-time measurement of the phosphorus content of ore being transported by LHDs from the stopes to the respective ore pass assigned to a certain ore quality. The principles of the analysis of laser-induced fluorescence, the different test phases and results are described and conclusions made. With bulk sorting of ore underground the mining engineer supports the efforts of the metallurgist in the processing plant.INTRODUCTIONThe Kiruna Mine of LKAB, Sweden is the largest underground iron ore mine in the world. In the early nineties LKAB decided to develop the Kiruna orebody further down from the 775m main level to a new main level at 1045m. This development programme was realised while in the mineral processing section and in the pellet plant further capacity was added (Wyllie 1996).In addition to deepening of the mine, which opened up 330 million tonnes of ore, the exploitation of the so-called lake ore was included in the future planning, adding another 1 15 million tonnes of mineable ore. At an annual production of approximately 20 million tonnes of ore the Kiruna Mine today looks at a developed ore reserve sufficient for the next 20 years.All of the competitors’ ores traded in the world market are from open pit operations. LKAB compensates for the obvious disadvantages by continuous efforts to make the best possible use of her high quality magnetite ore deposit. This objective is realised by combined efforts in the pellet plant, the mineral processing plant and the mine. Propriety processes, latest big scale equipment and high tech solutions for automation lead to high quality sales products at a reasonable cost."

Jan 1, 2002

By S. Bellec, A. Berton

"Usually, steady state mass balances are used for the design of mineral processing plants. However, this tool does not take into account the impact of process inputs variability nor does it evaluate process transient behaviours between stationary states, such as mill start-up and shutdown. The use of advanced simulations enables the integration of dynamic behaviours in process design decision-making by highlighting situations that are undetectable by using only steady state mass balances. Applying these simulation tools to brown field projects allows the simulator performances to be calibrated and validated on actual plant data before it is used as a prediction tool for the modified plant.Three (3) simulators were implemented at the design stage of a major upgrade project for an ore processing plant in order to assess process behaviours under different production scenarios. These simulators were built to evaluate the impacts on major elements such as mine production, ore stockpile, concentrator production as well as water demand. A validation of individual equipment models was performed whenever sufficient measured data was available. The simulators were then used to study the impact of ore variability (grade, hardness, throughput), to assess day-to-day production special events, and to evaluate the true stockpiles live capacity.The use of a stochastic simulator for equipment sizing allowed a more precise sizing of many pieces of equipment and avoided important expenses in the fresh water pumping system. The dynamic simulator also confirmed that the water in place system would suffice, even in the most demanding production scenario. Finally, the stockpile simulator allowed an important production bottleneck to be quantified and then made possible the assessment of various practical solutions for the stockpiling-reclaiming issues.Post start-up, process data underlines the fact that using advanced simulation tools was useful to mitigate process-related risks associated to the plant expansion, showing generally accurate prediction and adequate equipment sizing, leading to smooth process commissioning. The presented methods are part of what is now routine in Soutex’s participation in both greenfield and brownfield projects."

Jan 1, 2015

By Benjamin A. Allou

La seule production de columbo-tantalite réalisée en Côte d?Ivoire est effectuée dans les éluvions et alluvions du gisement d?Issia, localisé au Centre- Ouest de la Côte d?Ivoire. Même si un lien direct avec les roches granitiques est suspecté, aucune attention particulière n?a été accordée à l?étude de la minéralisation primaire en relation avec l?évolution des granites et des pegmatites associées. Ces granites, qui sont en intrusion dans les roches sédimentaires du Protérozoïque inférieur, comprennent : le granite orienté à deux micas (Lobo), le granite orienté à muscovite dominante (Bitapia) et le granite porphyroïde non orienté à muscovite dominante (Issia). Les résultats de cette étude indiquent que les pegmatites à Nb-Ta-Be-Li sont liées au granite de type Issia. Les observations de terrain et les analyses sur roche totale des granites montrent que: (1) les trois principaux granites de la région sont de type- S et peralumineux dans leur composition, (2) ils ont été formés pendant la période tardi- à post-Éburnéenne, (3) le granite d?Issia fut le dernier à se mettre en place. Les pegmatites liées au granite d?Issia ont été classées en quatre types : Apegmatites stériles; B- pegmatites à Be; C- pegmatites zonées à Nb-Ta-Be; et Dpegmatites zonées à Be-Nb-Ta-Li. Les pegmatites zonées comprennent les zones suivantes: I- zone à aplite; II- zone graphique; III- zone à albite, microcline, béryl et columbo-tantalite; IV - zone à microcline massive; V- zone à quartz. Ces pegmatites présentent une zone d?altération métasomatique externe. La minéralisation de Ta, Nb et Be est liées à la zone III des pegmatites de types C et D, et celle de Li est associée aux greisens qui peuvent être observés n?importe où dans les pegmatites de type D. Les données de terrain et de laboratoire indiquent que le granite d?Issia est la roche parentale des pegmatites à éléments rares de la région. Les pegmatites minéralisées sont distribuées seulement autour du granite d?Issia et les patrons des terres rares des granites et ceux des pegmatites à éléments rares sont très similaires. Les analyses de la composition totale montrent un lien génétique entre le granite d?Issia et les pegmatites à éléments rares. Il est suggéré que les pegmatites ont été formées durant le transport et la cristallisation fractionnée du magma.

May 1, 2003

By K. Lim, J. Sobil, L. Galarza Castillo, F. Tozlu

"For mining operations globally, the scale and criticality of the grinding mill drive has meant that selection of the correct mill drive technology is paramount. With so much depending on the successful implementation of the electrical drive system— safety operation, timely installation, availability, energy efficiency, minimum maintenance and extend its use as tool to assist during mill liner exchange—customers are justified in their scrutiny and slow adoption of new drive technology. From the first installation of low, fixed speed synchronous motors to the introduction of the current source and further voltage source variable frequency drive, innovations require long periods of time and mining customers willing to push the industry forward. In recent years, the variable frequency drive has been the stepping stone for a new generation of mill drive technology. In use for decades in other heavy industrial applications, the drives allow for system optimization in a myriad of ways. The most dramatic of changes is in the design of the motor. Where in the past motor design was bound by line frequency, today the designer can optimize machine size and, more importantly, eliminate the need entirely for the synchronous motor. Induction motor design has now progressed to the point where low speed operation is possible at efficiency levels nearing those of the synchronous design. Moreover, the simplicity of the squirrel cage design means that availability, reliability and spare part requirements are greatly improved. As the next step in the evolution of large pinion driven grinding mills, the low speed induction drive offers a new reliable and robust system to the market.IntroductionAs deposit grades continue to decline, new ways of processing ever greater concentrator throughputs have been required to maintain throughput efficient and profitable operations. Furthermore, the high risk nature of mining developments requires a constant search for safer, higher availability and more efficient equipment design. Limitation of downtime is a key factor in ensuring mining operations can be sustained through volatile market conditions. Often processing the entire mine throughput through just 1 or 2 lines, the crushing and grinding circuits are of particular criticality to the uptime and, thus, profitability of any mining operation."

Jan 1, 2016

By Robert J. Maron, Mark Fernald, Alex Van der Spek, O’Keefe. Christian, Tim Bailey

"Sonar array-based non-invasive flow measurement technology is becoming an accepted and many times a preferred method of measuring challenging single and multi-phase flows in the mineral processing industry. This fundamental sensor and measurement technology has been extended to two developments that provide new measurement capabilities useful for monitoring and managing slurry flows and pipes.The first development is the non-invasive measurement of real-time velocity profile of slurry flow in horizontal pipes. Multiple non-invasive passive sensors measure localized velocities and are combined to provide a velocity profile measurement. This information can be used to determine the approach and onset of solid deposition on the bottom of the pipe. Having this information in real time can enable operation at lower velocities and/or higher solids concentration while avoiding solids deposition or plugging and its associated operational costs.The second development is the non-invasive measurement of pipe wear on slurry lines. Presently, such measurements are made by hand-held portable ultrasonic thickness gages. The numerous shortfalls associated with the manual method are overcome with a set of permanently or semi-permanently installed transducers clamped onto the outside of the pipe. This ring of sensors contains a series of conformable ultrasonic transducers spaced around the circumference, which are used to measure the thickness of the pipe under their respective locations. Compared to manual methods, this system and approach results in better repeatability and accuracy. It also decreases inspection labor costs and pipe access requirements. The minimal accuracy variations in the presence of varying environmental temperatures will be shown. Trending of pipe wall thicknesses in high wear pipelines will be illustrated. The benefits of significantly improved pipe wear monitoring in hydrotransport lines with abrasive solids, and associated improvement in the ability to insure safe operation and avoidance of costly environmental damage due to leaks caused by pipe wear will be discussed."

Jan 1, 2009

By R. G. Hamm

A brief outline covering the shovels and draglines in use in the open-pit mines of Western Canada, including British Columbia, Alberta and the Yukon, is given, followed by the procedure for the selection of the correct wire rope for each application. Such fa ctors as wire rope constructions, lay directions and types of cores are mentioned. Once the correct wire rope has been selected, there are variousfactors that can affect the service fife ofthe rope and the reduction ofdown-time during rope change-overs. Factors such as hairpin winding, types of Becket loops, and shovel drum and bail adaptors are described.

Jan 1, 1979

By Alex Doll, Derek Barratt

"There is a number of comminution tests commonly used in the mining industry. Many of the tests are used for a particular grinding model or mill sizing program and are incompatible with other tests of different models. This paper provides an overview of the commonly used grinding and crushing tests, which models (or practitioners) use a particular combination of tests and draws some relationships between the incompatible tests based on the DJB Consultants Inc. database of projects.Case studies will demonstrate similarities and differences between major mining districts with some comments about homogeneous and heterogeneous behaviour within the grindability results.INTRODUCTIONThere are a number of bench-scale grindability tests in use for sizing and predicting throughput for grinding circuits. Part of the reason for this variety is there are a number of different grinding models in use in the Industry, and those models operate using incompatible test results as input (Doll and Barratt, 2008).By using the database of testwork in the DJB Consultants, Inc. (DJB) Millpower 2000 database (see Table 1), some of the more commonly used tests are compared and relationships will be drawn."

Jan 1, 2011

By H. Warren Newcomen

Assessments of the stability performance of open pit highwalls have traditionally been based on consideration of surface movement rates. Although generally accepted in industry, this approach presents challenges for establishing appropriate threshold values to allow for safe mining operations and does not address the issue of total strain. Surface movement monitoring data from a limited number of open pit mining operations in North and South America has been evaluated in terms of highwall strain, rock mass quality and inferred mechanism of instability. Threshold strain levels for key stages of highwall stability proposed from previous work have been reviewed and are generally endorsed based on evaluation of additional data. An empirical highwall strain criteria for the assessment of highwall stability performance is postulated based on the observed trends in highwall strain data from the case histories presented.

May 1, 2004

By Peter Wells, Adrian Sabau, Turgut Yalcin

"The nickel ores of Sudbury contain substantial amounts of the gangue mineral pyrrhotite (Fe7S&) which causes certain diflculties in the milling of these ores. This paper proposes a process called “magnetoflotation” as an effective means of dealing with pyrrhotite. The method reduces the pyrrhotite content of concentrates by applying a magneticjield on the path product as it leaves the flotation cell.Successful performance of magnetoflotation requires the optimization of several variables. In this study, three of the variables (air flowrate, collector concentration, pother concentration) were investigated by Box- Wilson experimental design, and others (magnet speed, grind size, pulp density, flotation time) were examined individually. The process was tested on a Falconbridge nickel ore, assaying 1.92% Ni, and under the best operating conditions, a concentrate was obtained with 13.56% Ni grade and 74.32% recovery in a single step. Further improvements to grade and recovery were possible by cleaning and scavenging. The same ore was also tested with conventional methods for comparison, and results indicated that magnetoflotation performed better.INTRODUCTION“Magnetoflotation” refers to the process of carrying out magnetic separation and flotation simultaneously within the same device, and is intended to prevent magnetic minerals from reporting to the froth products while non-magnetic minerals are being floated. Typical cases where this method might be beneficial include the processing of magnetite and nickel ores. Its use on magnetite ores has been reported elsewhere [Yalcin, 1992; Yalcin, 19931. This paper describes its application to nickel ores, more specifically to the nickel ore of Falconbridge Limited in Sudbury."

Jan 1, 1999

By S. Chung

Mining in highly stressed ground conditions has been an increasing challenge at the Brunswick mine. Over the past 30 years, two large regional pillars were established on the 1000 m Level to support the ground for safe extraction of the surrounding ore. The South Regional Pillar contains about 5 Mt of ore and the North Regional Pillar has about 3 Mt of ore. In the fall of 2000, mining activities were suspended following a series of ground movements around the South Regional Pillar along weak geological structures. After extensive geotechnical investigations, a decision was made to carry out a mass de-stress blast in the West Ore Zone (WOZ) to cut the principal stress across an area of 135 m along strike and 86 m high. At the end of July 2001, the WOZ mass blast was successfully initiated. Following this success, the mine decided to take a similar approach to de-stressing the North Regional Pillar (NRP). The final mass blast was taken in early February 2003. Advanced blasting technologies, including state-of-the-art electronic detonators and blast simulation, played an important role in achieving the successful blasts. The high precision of delay timing and long delay duration of the electronic detonators ensured accurate and reliable initiations of over 800 blastholes in the WOZ mass blast. Orica’s DMC_Blast (Distinct Motion Code) simulation code was used to study different blasting blocks for the desired timing in the initiation sequence. This paper describes the process of applying electronic detonators in complex blasts, and discusses how blast simulation results were interpreted to guide engineering design of the mass blasts.

Jan 1, 2005

By Dale A. Sketchley

The objective of Quality Assurance and Quality Control programs on advanced exploration projects is to ensure that data from sampling, assaying, and recording of geological observations are of high integrity for the purpose of obtaining reliable mineral resource and reserve estimates. National Instrument 43-101 Standards of Disclosure for Mineral Projects states that all scientific and technical reports must be prepared and certified by a Qualified Person in accordance with professional and industry standards following Mineral Exploration Best Practices Guidelines and Definitions, and Guidelines of the CIM Standards on Mineral Resources and Reserves. Additional information is given in Companion Policy 43-101CP and Technical Report Form 43-101F1. Although the Qualified Person must discuss and describe the Sampling Method and Approach; Sample Preparation, Analyses, and Security; and Data Verification; there is little specific information in the guidelines on Quality Assurance and Quality Control programs. Examples from the Oyu Tolgoi Cu-Au Project are given for optimizing sampling protocols, following proper sample preparation procedures, safeguarding sample shipments through chain of custody, ensuring quality of assaying with Round Robin monitoring programs, verifying transcribed data, and validating data with check assays to ensure high integrity for resource and reserve estimation. Oyu Tolgoi, also known as Turquoise Hill, is in the South Gobi desert, Mongolia, about 550 km south of the capital city of Ulaanbaatar, and 875 km northwest of Beijing, China. The project covers a major copper-gold system, which consists of the South West, South, Central, and Far North deposits, comprising high sulphidation and porphyry mineralization with oxide, supergene, and hypogene ore types. Exploration is done by multiple diamond drill rigs, and samples are prepared on-site and shipped to laboratories in Mongolia, Canada, and Australia for further preparation and analysis.

May 1, 2003

By William J. Purdy

Successful design, operation and completion of a surface waste management facility for a diamond mine located in Canada?s northern environment requires careful planning to minimize short and long term environmental impacts. As part of the mine development application process, best practice standards were applied using conventional engineering to reduce the environmental effects of the mine waste facility at the Snap Lake Diamond Project. This paper presents the design criteria, site conditions, material characteristics and engineering management objectives considered for optimization of the development plan. Insight into the engineering analyses, development alternatives, monitoring program and reclamation strategy plan to be undertaken during mine operations to provide opportunity for adaptive management and to minimize environmental impacts is provided.

May 1, 2004

By N. Shi, T. G. Joseph

The design of dippers for cable shovels has essentially remained unchanged for the last 100 years. In the past 10 years, shovel manufacturers have started taking another look at dipper design, resulting in changes that have borne models from major manufacturers that address some of the wear conditions and material retention problems that dominate maintenance and operational costs. However, with the exception of added lateral curvatures to the front and corners of the dipper, the geometry is essentially unchanged. This paper looks at the criteria that have resulted in the first new cutting dipper design in a century. The design is based on kinematic considerations, reflected in a revolutionary geometry that matches the range of motions of the shovel, designed to minimize wear, impact loading and power required to dig, thus maximizing productivity for a minimum energy requirement. The shape configuration is such that the weight of the dipper is reduced through wall thickness, enabling a larger capacity dipper to be conceived for the same shovel. Benefits are reflected in reduced operational and maintenance costs and increased productivity.

Jan 1, 2006

By L. D. Smith

"Those who submit competing proposals for projects seek to present senior management with complete and fully supported material that will not fail under questioning. Hopefully, misleading notions and omissions will have been minimized and there will have been testing of the assumptions regarding the economic, social and political environments. A capital project evaluation team can do management and itself a service by including a sound approach to the impact of inflation (and its twin problem, interest) on a project and a great disservice with an inappropriate approach to inflation.InflationHandled deftly, inflation can alter a project evaluation to show almost any result the handler desires. It must be a constant source of frustration for design people and cost estimators to spend weeks perfecting the technical aspects of a project in order to minimize costs, only to have all of their efforts set awash in a sea of financial and economic assumptions that submerge all of the detail. In all of this, inflation is perhaps the largest offender, with inflation criteria often being brought to bear at the last minute, almost as an afterthought. Perhaps this tardiness reflects the difficulty of the subject and the belief that senior management will take its own approach to the problems of inflation. Such a belief is unfair to senior management, for it is entitled to not being misled by omission. It is entitled to the full use of the skills of the evaluating team, including respectable assumptions of the impact of inflation.Working in a consulting context, one has the opportunity to participate in the evaluation of a large number of projects. Reflecting the observation of a wide range of views regarding the subject of inflation, this paper will-address the impact of five different approaches to inflation on the evaluation of a single Canadian mining project."

Jan 1, 1987

By M. J. McLeod, S. Watters, G. G. Lutes, S. Castonguay

"Gold-bearing mineralization at Anomaly A occurs in polydeformed Ordovician turbidites of the Kendall Mountain Formation of the St. Croix belt in southwestern New Brunswick, and is hosted by WSWtrending, shallow-dipping, brittle-ductile high-strain zones associated with the latest stage of the second of four regional deformation events. Gold-bearing syn-deformational stockwork, massive, and multiply brecciated quartz-sulfide veined zones form irregular pods and sheets up to several meters thick, which contain arsenopyrite, pyrrhotite, pyrite, stibnite, and a variety of rare minerals that are gold-bearing. Mineralized zones are enveloped by locally auriferous, weakly to intensely altered wall rock. Vein paragenesis includes: (1) early (pre- to syn-D2) quartz-chlorite veins that are largely the product of migration of quartz by pressure solution; (2) crosscutting, multiphase, vuggy quartz-sulfide veins that contain most of the gold and are interpreted to be structurally controlled; (3) late, crosscutting, nondeformed, non-gold-bearing veins containing laumontite, chlorite, muscovite, quartz, fluorite, and base metal sulfides. Carbonate-poor alteration associated with zones of gold mineralization is lithology-specific, and appears to reflect overprinting of multiple events. Major elements removed during alteration include Si, Na, Mn, and Mg. The minor and trace elements removed include Co, Li, Sc, and possibly Sr, Ni, and Zn. Minor and trace elements added include Au, Ag, As, Sb, S, and possibly F, Cu, Pb, and Zr. On the basis of proximity, time constraints, and a similar ore mineral assemblage, gold mineralization at Anomaly A is interpreted to be a distal equivalent of the intrusion-related gold mineralization at the nearby Clarence Stream Main zone deposit. La minéralisation aurifère de l’Anomalie A se trouve dans des turbidites Ordoviciennes polydéformées de la Formation de Kendall Mountain, dans la ceinture de Ste-Croix du sud-ouest du Nouveau Brunswick, où elle est contenue dans des zones de déformation fragile-ductile à faible pendage de direction OSO associées au dernier stade du second de quatre épisodes de déformation régionale. Les zones aurifères syn-déformationelles se présentent en forme massive, de stockwork, ou de veines de quartz-sulfure bréchifiées à répétition formant des lentilles irrégulières et des couches de plusieurs mètres d’épaisseur contenant de l’arsénopyrite, de la pyrrhotite, de la pyrite, de la stibine, ainsi que divers minéraux aurifères rares. Les zones minéralisées sont entourées d’une enveloppe de roches faiblement à intensément altérées, localement aurifères. La paragénèse des veines comprend : (1) des veines précoces de quartz-chlorite (pré- à syn-D2) qui sont principalement le produit de la migration du quartz par solution-pression; (2) des veines polyphasées de quartz drusique et de sulfures contenant la plus grande partie de l’or, celles-ci sont considérées comme étant sujettes à un contrôle structural; (3) des veines tardives stériles, sécantes et non déformées contenant de la laumontite, de la chlorite, de la muscovite, du quartz, de la fluorite et des sulfures de métaux usuels. Les zones de minéralisation aurifère sont associées à une faible altération en carbonate contrôlée par la lithologie et semble résulter de la superposition d’événements multiples. Les éléments majeurs perdus durant l’altération sont le Si, le Na, le Mn et le Mg. Les éléments mineurs et traces perdus durant l’altération sont le Co, le Li, le Sc et possiblement le Sr, le Ni et le Zn. Les éléments mineurs et traces enrichis comprennent l’Au, l’Ag, l’As, le Sb, le S et possiblement le F, le Cu, le Pb et le Zr. Étant donné sa proximité géographique, les contraintes temporelles et les similitudes de leurs assemblages minéraux, la minéralisation aurifère de l’Anomalie A est interprétée comme un équivalent distal de la minéralisation aurifère associée aux intrusions du gisement avoisinant de la zone principale (Main"

Jan 1, 2008