Amex hits new vein at Perron

Amex Exploration has released drill results from the Eastern Gold zone (EGZ) and Grey Cat zone (GCZ) at its wholly owned Perron property in Quebec.

At the EGZ, Amex drilled a wedge hole off of a prior intercept; this drillhole returned 19.7 metres of 5.36 g/t gold starting at 805 metres downhole and includes higher-grade intervals.

According to the company, this is the widest intercept to date from a higher-grade portion of the EGZ – the HGZ, which intersected a new gold-bearing vein within this area.

GCZ intercepts include 2 metres of 11.41 g/t gold, 15.4 metres of 1.18 g/t gold as well as 18 metres of 1.04 g/t gold. This drilling, completed at 25 metre sections, was aimed at defining a near-surface portion of this gold zone.

“We are excited at the prospect of an increased width at the HGZ and look forward to continuing to test this hypothesis going forward as we drill deeper on the system,” Jacques Trottier, the company’s executive chairman, said in a release.

“In addition, our Grey Cat zone continues to deliver, with several broad near-surface intercepts reported that help to define a continuous lens of gold mineralization.”

The company has traced gold mineralization over a 3-km-long corridor at Perron with over 15 km of structural prospective strike still unexplored.

(This article first appeared in the Canadian Mining Journal)

Fiore updates resource for Golden Eagle

Fiore Gold (CVE: F) has released an updated resource estimate for its wholly owned Golden Eagle project in Washington, within the past-producing Republic/Eureka mining district.

Measured and indicated resources are now at 45.4 million tonnes grading 1.38 g/t gold and 6.44 g/t silver for a total of 2 million oz. of contained gold with a further 9.4 million oz. of silver.

Additional inferred resources stand at 5.4 million tonnes at 0.9 g/t gold and 4.43 g/t silver, containing 154,650 gold oz. and 764,990 silver oz.

The above resource figures are pit-constrained and based on historical drill data. The prior, non-NI 43-101 resource statement for this property featured 28.5 million indicated tonnes at 1.89 g/t gold with a further 4.6 million tonnes grading 1.3 g/t gold inferred.

These latest resource figures are pit-constrained and all of the associated mineralization is within grounds held by Fiore.

The south and north walls associated pit shell extend onto lands held by Hecla Mining.

Fiore estimates that approximately 30% of the resource is dependent on an agreement with Hecla and plans to seek an arrangement

Fiore estimates that approximately 30% of the resource is dependent on an agreement with Hecla and plans to seek an arrangement, which would allow the extraction of its full resource inventory.

“We’re very pleased with the new resource update for Golden Eagle, a project that we think has been largely overlooked by the market,” Tim Warman, the company’s CEO, said in a release.

“Golden Eagle is now positioned squarely in the top ten undeveloped United States gold deposits, outside the larger producers.”

Golden Eagle is 16 km from Kinross’s past-producing 1,800 t/d Kettle River mill.

The deposit covers approximately 762 metres of strike, with a width of up to 305 metres and depth of around 610 metres.

In addition to Golden Eagle, Fiore holds the producing Pan heap leach mine in Nevada as well as the Gold Rock development asset on the state’s Battle Mountain – Eureka trend.

Fiore’s stock was trading up 5.5% at Tuesday’s close on the TSXV. The company has a C$92 million market capitalization.

(A version of this article first appeared in the Canadian Mining Journal)

Sandvik testing Stage V-compliant underground trucks in Ireland

As part of its long-term commitment to sustainability, Sandvik continues with its program to develop Stage V-compliant underground loaders and trucks for the mining industry.

The company is now testing the first truck with this new engine technology at the Tara mine in Ireland. This follows the launch of its first Stage V loaders in December of 2019.

Sandvik’s flagship truck – the TH663i – is now equipped with brand new Stage V engine technology and is undergoing an extensive field trial period at Boliden’s Tara mine in Ireland.

Trials of the unit, coupled with first-hand customer feedback on technical and operational performance, are an integral part of Sandvik’s customer-focused mindset.

The Stage V engine in the 63-tonne truck is expected to generate lower emissions, for reduced mine ventilation requirements

The Stage V engine in the 63-tonne truck is expected to generate lower emissions, for reduced mine ventilation requirements.

The engine system is designed specifically for underground use and includes built-in fire prevention solutions, increased wiring protection with a shrink mesh wiring harness and electric hardware designed for demanding conditions, with corrosion, heat and water resistance.

Based on the studies conducted, the optional sintered metal DPF reduces particle mass by approximately 99%

The new Stage V engine, which requires ultra-low sulphur fuel and low-ash engine oil to operate, will be an optional feature for the TH663i.

To reduce particle emissions in the lower stages, standard engines on both in TH663i and TH551i trucks can be equipped with a diesel particulate filter (DPF). Based on the studies conducted, the optional sintered metal DPF reduces particle mass by approximately 99%.

From a reliability and maintenance viewpoint, the DPF is well protected but designed for easy cleaning to reduce downtime and operating costs and is also available as a retrofit kit.

Pia Sundberg, product line manager for trucks at Sandvik Mining and Rock Technology, explained that thorough field tests are of the utmost value for both the original equipment manufacturer and customer.

“We want to allow enough time for sufficient testing of new technology, since it is of benefit to both sides,” Sundberg said.

“Possible hiccups that can often occur when developing something new are identified prior to the product being fully commercialized, which enables us to serve our customers better in the long run. Based on the feedback that we receive, we are still able to do some modifications if necessary and thereby make sure that the TH663i meets expectations when it is released to the market with the latest engine technology at a later stage. Of course, there is also some additional new technology on the test truck that we are testing at the same time.”

The TH663i also benefits from recent improvements to Sandvik’s AutoMine offering, with AutoMine for Trucks now allowing autonomous truck haulage underground as well as on surface, which is often part of an underground truck’s normal duty cycle.

In addition, Sandvik’s Artisan Z50 battery truck did an extensive tour earlier this year in Australia and gathered customer feedback for the upcoming new generation of battery-powered vehicles.

Sandvik is a high-tech, global engineering group offering products and services that enhance customer productivity, profitability and safety.

Sandvik Mining and Rock Technology is a business area within the Sandvik Group and a global leading supplier of equipment and tools, service and technical solutions for the mining and construction industries.

(This article first appeared in the Canadian Mining Journal)

MINING PEOPLE: Central Timmins Exploration, Kinross Gold, Marathon

Key moves in the mining sector

Michael Luzich has joined Amerigo Resources as a director. Mr. Luzich is the founder of Luzich Partners LLC, a multi-strategy investment firm formed in 2013 and a significant shareholder in the company.

Bill Harper, director and chairman of the audit committee of Benton Resources has passed away.

Rita Adiani has been appointed to the board of Brixton Metals. Ms. Adiani is currently executive VP of Xiana Mining Inc. Dr. Carl Hering was not nominated for re-election to the board, but will remain as an advisor.

Joseph Ovsenek has been appointed president and CEO and chairman of the board of directors of Central Timmins ExplorationRon MacDonald has also joined the board, with Wes Roberts stepping down as a director. Neville Dastoor will remain on the board but will no longer be chairman.

Defense Metals Corp. has appointed Karl T. Wagner, a former U.S. intelligence senior executive who served with the CIA, as a strategic advisor.

Dale Verran has been appointed CEO of Fortune Bay Corp., effective June 15. Wade Dawe will step down as CEO, but continue as chairman.

John Dyer has resigned as CFO and a director of Gold Rush Cariboo Corp. Aleem Nathwani has been appointed to the board of directors.

Glenn A. Ives has joined the board of Kinross Gold as a director.

James (Jim) Gowans has been appointed as a director of Marathon Gold.

Jim Wiesenberg and Neil Foran have joined the board of Margaret Lake DiamondsDarryl Sittler and Buddy Doyle have resigned as directors.

Nevada Copper Corp. has made changes to its senior management team, including the departure of Matt Gili as president, CEO and a director. Evan Spencer has been appointed interim president and CEO. Mr. Spencer is also chairman at Kasbah Resources.

Richard Gillard, has resigned from the board of directors of New Carolin Gold for personal reasons.

Tony George, a mining engineer with 35 years of experience, has been appointed chief project officer at NexGen Energy, beginning in mid-June for its Rook 1 project.

Quinton Hennigh has joined NuLegacy Gold as an advisor. Dr. Hennigh, one of NuLegacy’s founding shareholders, will provide technical and strategic corporate expertise.

Anthony Milewski has been appointed a director of NxGold Ltd. To accommodate Mr. Milewski’s appointment, Richard Patricio has resigned from the board but will remain as an advisor.

Otso Gold has appointed Mark Gelmon as its new CFO, replacing Daryl Midgley.

Pacific Iron Ore Corp. has announced the resignation of Joel Freudman as president and CEO and Carlyn Dahl as CFO. Binyomin Posen has been appointed CEO and CFO.

Gary Nassif and Jonathan Hill have been appointed to the board of Stratabound MineralsMichael Page has resigned as an independent director.

Galen McNamara has been appointed chief executive officer of Summa Silver Corp., replacing Hani Zabaneh, who will remain a director.

Henri Gélinas and Jérôme Gendron have been appointed as directors of Yorbeau Resources, with Mr. Gélinas also being appointed chairman of the board. Pierre Éloi Talbot has resigned as a director. 

Gérald Riverin, director and former president of the company, and Amit Gupta, director and former chairman, will not be standing for re-election at the company’s AGM in June.

Kenny Choi has been appointed CEO of Yukoterre Resources, following the resignation of Rene Bharti as CEO and a director.

(This article first appeared in the Canadian Mining Journal)

Superior expands modular plant offerings

Superior Industries, a manufacturer and global supplier of bulk material processing and handling systems, is offering a new series of modular plants for aggregate crushing, sorting, sizing and washing applications.

Known as Fusion Modular Platforms, these pre-engineered, ready-to-build systems still allow customization to achieve best performance at each jobsite.

“Our plant designs are scalable and easily expand with a developing customer site,” says Mark Crooks, product manager at Superior Industries.

“Producers can quickly expand capabilities as finances allow, application needs change and as their market develops.”

Today, Superior has pre-engineered a series of plant packages and is working to design more for its catalog.

Some examples include jaw, cone and impact crushing platforms, horizontal screening platforms with two, three and four deck models, plus a group of traditional washing and modern low water washing platforms.

“Overwhelmingly, our customers said they want scalability and flexibility in these modular offerings,” says Crooks.

“Therefore, as we developed our strategy, we ensured flexibility from top to bottom, convenient installation or dismantling and seamless integration with superior crushing, screening, washing and conveying machinery.”

Fusion Modular Platform systems are pre-engineered for earlier commissioning, more cost-effective than design-build plants, incorporate well into existing plants and utilize creative packaging to limit the number of flatbeds or shipping containers needed for transportation.

(This article first appeared in the Canadian Mining Journal)

Moneta Porcupine grows Windjammer South

Stepout drilling is expanding Moneta Porcupine Mines‘ Windjammer South deposit, part of its Golden Highway project, 110 km east of Timmins, Ontario.

The company released four drill holes totalling 2,115 metres from the project that extended gold mineralization over 500 metres west and 200 metres east of the current resource.

Drilling now also confirmed the existence of continuous mineralization between Windjammer South and the South West deposit over a distance of 1 km.

South West is the largest of five deposits at Golden Highway; a preliminary economic assessment (PEA) on the deposit is under way and expected to be completed later this year.

Drilling now also confirmed the existence of continuous mineralization between Windjammer South and the South West deposit

The western stepouts hit highlights of 9.3 metres grading 1.05 g/t gold; 46 metres of 0.95 g/t gold, and 12 metres of 1.15 g/t gold.

The eastern holes hit up to 22 metres of 1.02 g/t gold and 4 metres of 2.46 g/t gold.

“We are pleased to continue to intersect gold mineralization in large step-outs at Windjammer South, extending the system by 500 metres to the west and 200 metres to the east,” said Gary O’Conner, the company’s CEO and chief geologist.

“Gold mineralization has been intersected in multiple wide near surface zones totalling over 200 metres in combined thickness and steep high-grade mineralized structures extending to depth. Significantly, the drill program has confirmed that gold mineralization at Windjammer South connects with our main South West deposit, spanning more than 1 km in distance.”

The four holes are part of a 36 hole winter drill program completed in April that testing the resource extensions of the Windjammer South, West Block and 55 deposits as well as intersecting new mineralization at the Westaway and Halfway targets.

Resource updates for the Windjammer South, South West and 55 deposits are underway, in addition to an initial mineral resource estimate at Westaway.

Earlier in May, the company reported assays from five holes drilled at the Westaway target, 1.2 km west of the South West deposit.

Drilling intersected the extensions of 13 new gold veins at Westaway, confirming extensions of new veins 100 metres to the north and south of the discovery holes, and extending gold mineralized veins by up to 200 metres at depth and 200 metres west.

Assay highlights included 1.9 metres of 9.73 g/t gold and 4.2 metres of 4.49 g/t gold.

The South West deposit has a resource, last updated in November 2019, of 3.2 million indicated tonnes grading 4.53 g/t gold for 472,000 oz., plus 7.3 million tonnes grading 4.37 g/t gold for 1.1 million oz.

Windjammer South hosts 364,000 tonnes grading 4.19 g/t gold for 49,100 oz. in the indicated category and 173,000 tonnes grading 4.59 g/t gold for 25,500 oz. in the inferred category.

Total indicated resources at Golden Highway stand at 556,500 oz. gold contained within 3.8 million tonnes 4.53 g/t gold; inferred resources add 1.2 million oz. gold contained within 8.5 million tonnes grading 4.31 g/t gold at a cutoff grade of 3 g/t Au gold.

The Golden Highway Project covers 12 km of prospective ground along the Destor-Porcupine Fault zone in the Timmins gold camp; current resources are contained along 4 km of strike.

(This article first appeared in the Canadian Mining Journal)

Arianne Phosphate uses RPMGlobal’s HAULSIM at Lac à Paul

Arianne Phosphate is using RPMGlobal’s leading mining simulation product, HAULSIM, to optimize key haulage routes for the development of its Lac à Paul phosphate project in Quebec.

Using HAULSIM during the critical engineering study phase allows the company to evaluate several haulage scenarios and effectively link the Lac à Paul project in the Saguenay-Lac-St-Jean region to port facilities 240 km away.

HAULSIM is a 4-D Discrete Event Simulation (DES) tool which enables the user to build a digital twin of any mining operation to evaluate different scenarios, fleet options, haulage routes, stockpile and dump placement.

The solution delivers an accurate representation of haulage operations within a mine site and provides capability to quantify the impact of changes.

The model reflects the complex and dynamic nature of a mine site in its entirety, including the variability, interactions and dependencies that occur in these systems.

Using HAULSIM, Arianne was able to gather critical insights on the optimal operating conditions for the haulage routes within the Lac à Paul project.

By modelling, analyzing and enhancing different ‘what if’ scenarios for the ideal haulage network, the company now has confidence in its recommendation to invest capital in its mine to port haulage route with a clear view of predicted outcomes.

Arianne Phosphate was able to take out the guesswork and rely on calculated insights to assist in understanding the optimal haul routes.

“Partnering with a global leader in the development of leading mining and haulage systems enabled us to demonstrate the attractive returns that the Lac à Paul project is set to generate,” said Jean-Sébastien David, chief operating officer of Arianne Phosphate.

Sandeep Sandhu, RPMGlobal Americas general manager, added that “the positive outcomes HAULSIM generated for Arianne Phosphate were very satisfying.”

In operation, the Lac à Paul project will produce 3 million tonnes of phosphate concentrate per year, making it one of the world’s largest phosphate rock projects.

Once development is complete, the project is set to consist of an open pit mine, a concentration plant and deep-water port facilities.

Arianne completed a feasibility study on the project and filed an environmental impact assessment in 2013; it received approval to develop it from the Quebec government in late 2015.

(This article first appeared in the Canadian Mining Journal)

Inmarsat offers new tool for miners to assess IoT

Inmarsat, a leader in global, mobile satellite communications, has released a new research study that confirms the global mining industry is going through an IoT revolution, with significant increases in adoption of Internet of Things (IoT) technology.

Entitled The Rise of IoT in Mining, the report is the third IoT-focused research project undertaken by Inmarsat and focuses on the use of, attitude towards and predictions for IoT across the global mining sector.

As part of the initiative, Inmarsat is also offering mining companies the opportunity to measure their IoT readiness versus its survey respondents, using its free online IoT maturity tool.

Specialist market research company Vanson Bourne was employed by Inmarsat to interview 200 respondents with either decision-making or influencing responsibilities for IoT-related initiatives at organizations with over 500 personnel.

Most organizations (65%) have fully deployed at least one IoT project, while 33% are testing or have testing a project, with only 2% of respondents not having begun an IoT project

Mining organizations reported successes in implementing projects to safeguard workers via remote tracking, monitor drilling, and observe acid mine drainage remotely. However, despite this progress, a range of challenges are hindering the sector’s ability to reap the rewards that IoT has to offer.

According to the research, most organizations (65%) have fully deployed at least one IoT project, while 33% are testing or have testing a project, with only 2% of respondents not having begun an IoT project.

These findings echo the predictions reported in Inmarsat’s 2018 mining research, where only 2% had fully deployed an IoT solution, 29% were testing one and 69% were planning on beginning IoT projects within the next two years.

Noticeably, there is a considerable geographical variance in IoT adoption and maturity across different regions, with 98% of North American respondents having successfully deployed IoT-enabled projects, compared with only 50% in Africa and 38% in South America.

While this increase in full deployments represents progress, the use cases and data management are on the simple side and there are many challenges to overcome if the mining industry is to fully realize the potential of IoT, particularly in regard to using it as driver for organizational change.

A lack of skills, investment and cultural challenges, as well as unreliable connectivity, patchy cybersecurity processes and underdeveloped data management processes were also highlighted in the report and will all need to be remedied in the coming years.

“Two years on from our last research, Inmarsat wanted to get a measure of what had changed in the mining industry,” said Joe Carr, Global Mining Director at Inmarsat.

“IoT has begun to take a foothold in the sector with increased rates of adoption across the board. What we discovered was an industry that, historically slow to adopt radical ideas, is now beginning to embrace the use of IoT, but still working out how to make the most of it.”

The mining industry faces significant challenges around skills, security, connectivity, investment and data management and these will need to be addressed for the industry to progress past a point of using IoT in a simple, siloed capacity.

Despite the challenges being faced, mining organizations are looking to increase their investment in IoT and are overwhelmingly positive about the value that IoT can bring to their operations and the benefits it is either already delivering or will deliver in the future.

Inmarsat’s IoT maturity tool is intended to help miners “plot a route to IoT success,” Carr noted in the release.

“The tool allows miners to understand their progress in IoT adoption across a number of areas and to compare this with the 200 respondents who contributed to our research,” he said.

“Using these findings, miners can start to develop a roadmap for improvement and provide a tangible proof point for influencing internal conversations.”

(This article first appeared in the Canadian Mining Journal)

Wesdome drills high grades at Kiena Deep A zone

Wesdome Gold Mines has released drill results from the past-producing Kiena mine complex in Val d’Or in Quebec. The drill highlights include 3 metres of 108.2 g/t gold, 5.2 metres of 47.8 g/t gold and 12.4 metres of 41.3 g/t gold.

As reported in February, the ‘A’ zone has been traced for over 830 metres down plunge with additional assays pending.

Prior to a province-wide exploration suspension in March due to the covid-19 pandemic – now lifted – seven drills were completing infill and extension drilling at the site.

Wesdome has drilled 47,800 metres in 164 holes since a September resource update for Kiena with a further resource update expected mid-year

Wesdome has drilled 47,800 metres in 164 holes since a September resource update for Kiena with a further resource update expected mid-year.

A 576-metre underground exploration ramp with drill platforms was completed earlier this year, the company intends to use this new development to target up-plunge extensions of the ‘A’ zone and down-dip extensions of the ‘VC’ zones – Wesdome suspects that these two zones may connect.

The company is on track to announce the results of a preliminary economic assessment (PEA) on Kiena later this month.

This study will examine the mining of existing near-mine resources within five zones.

These currently contain a total of 970,000 indicated tonnes at 14.5 g/t gold for a total of 450,000 gold oz. and a further 1.1 million inferred tonnes at 11 g/t gold for a total of 397,000 oz.

The mid-year resource update would then form the basis of a preliminary feasibility study on a restart of the mine.

Wesdome said it intends to make a production decision based on the near-mine resources.

Metallurgical and environmental studies are underway. A recent geophysical survey over the site has also generated new targets for drill testing.

On care and maintenance since 2013, the Kiena complex contains a permitted, 2,000 t/d mill, a 930-metre shaft, and a ramp system that extends to 1,050 metres depth.

Wesdome’s stock was up 1.5% on the TSX Tuesday afternoon. The company has a C$1.59 billion market capitalization.

(This article first appeared in the Canadian Mining Journal)

RNC solidifies focus on gold, name change

RNC Minerals is making its status as a gold-focused company official, announcing the acquisition of a third gold project in Australia, and proposing a name change to Karora Resources.

RNC already operates the Beta Hunt and Higginsville gold operations in Western Australia, and holds a 28% stake in the advanced Dumont nickel project in Quebec.

Now, it’s signed an agreement to purchase the Spargos Reward gold project, which lies 65 km north of its 1.4-million t/y Higginsville processing plant – within trucking distance.

RNC is treating the resource as historical, and has not done enough work to classify them as current resources

RNC is paying Perth-based Corona Resources A$25,000 upfront for a three-month exclusive period in which to complete due diligence on Spargos Reward.

After that, RNC will pay A$4 million in cash or shares or a combination of both. RNC would be required to spend at least A$2.5 million on exploration and development during a two-year period after the deal is closed, and pay the vendor A$1.5 million in shares on the start of production, plus A$1 million in shares if another 165,000 oz. gold in indicated resources is outlined at the project.

“The potential addition of a near term high-grade open-pit gold project such as Spargos Reward, which is located close to our Higginsville treatment plant, is a very compelling opportunity,” said RNC CEO Paul Andre Huet in a release.

“In our view, Spargos Reward has the potential to be fast tracked into our growing production pipeline and generate substantial cash flow with little risk to RNC and its shareholders.”

Huet added that the historical grades at Spargos Reward exceed those at both of RNC’s existing operations and could provide a higher margin source of feed to the company’s Higginsville treatment facility.

“This should also allow us to be more selective in our mining at Beta Hunt and Higginsville,” he said.

The Spargos Reward project has a resource of 785,800 tonnes grading 4.4 g/t gold for 112,000 oz. in the indicated category and 151,000 tonnes grading 4 g/t gold for 19,000 oz. in the inferred.

RNC is treating the resource as historical, and has not done enough work to classify them as current resources. Current owner Corona Resources completed a positive scoping study for the project in November 2018.

The historic Spargos Reward mine produced 105,387 tonnes at grades averaging 8.56 g/t gold in the 1930s and ’40s.

Exploration since the mid-1980s has extended high-grade mineralization to an area of 250 metres long by 500 metres depth, where it remains open.

Between its Beta Hunt and Higginsville operations, RNC expects to produce 90-95,000 oz. gold this year, and is targeting an all-in sustaining cost (AISC) of $1,000 per oz. by year-end. (It produced 24,816 oz. gold at AISCs of $1,101 per oz. in the first quarter.)

Solidifying RNC’s identity as a gold-focused company, the miner has proposed a name change to Karora Resources, to be voted on at the company’s AGM in June. (Before September 2016, the company was known as Royal Nickel Corp.)

RNC also announced it has eliminated net smelter return (NSR) royalties held by Morgan Stanley on its Higginsville gold operations.

The company is paying a total of $9 million over 30 months, with $2.7 million paid upfront, to eliminate a 1.75% NSR on the first 10,000 oz. gold sold each year and a 2% NSR on additional ounces sold.

A Western Australia state royalty of 2.5% on the property remains.

(This article first appeared in the Canadian Mining Journal)