Mineral Exploration

Winter 2016

Mineral Exploration is the official publication of the Association of Mineral Exploration British Columbia.

Issue link: http://digital.canadawide.com/i/756078

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Page 57 of 71

58 Mineral Exploration | amebc.ca delineate high-grade ore shoots and subparallel mineralized structures related to the Main zone. Ximen also started grassroots exploration for silver at the Treasure Mountain North project. Porphyry (copper-gold, copper-molybdenum, molybdenum) projects The south central region hosts three major copper-gold mines: Imperial Metals Corporation's Mount Polley mine, near Likely; New Gold Inc.'s New Afton mine, near Kamloops; and Copper Mountain Mining Corporation's Copper Mountain mine, near Princeton. The region also hosts the province's two largest copper-molybdenum producers: the Gibraltar mine, owned by Taseko Mines Limited, and the Highland Valley Copper mine near Logan Lake, operated by Teck Highland Valley Copper Partnership. Teck submitted plans to reopen the past-producing Bethlehem mine, two kilometres east of its Valley and Lornex operations. Teck has defined 100 million tonnes of ore at Bethlehem. If approved, the ore would feed its 140,000-tonne- per-day mill. Formal review of the proposal commenced in September. Taseko Mines Limited drilled near existing operations at the Gibraltar North project; one hole intersected about 150 metres of approximately 0.4 per cent copper. KGHM Ajax Mining Inc. continued formal review of its Ajax project by the B.C. Environmental Assessment Office and the Canadian Environmental Assessment Agency. Because Ajax is on the outskirts of Kamloops, KGHM has funded independent reviews of its application by the city and local First Nations. Ajax is a proposed 60,000-tonne-per-day open-pit mine with a projected 20-year life. The company is an 80/20 joint venture between KGHM Polska Miedź S.A. (KGHM SA) and Abacus Mining and Exploration Corporation. Nicola Mining Inc. (formerly Huldra Silver Inc.) reopened its 200-tonne-per- day Merritt mill and tailings facility at the former Craigmont mine site. The mill is processing test material from the Dome Mountain gold-silver deposit, the Elk gold prospect and the company's Treasure Mountain silver-lead mine. The company hopes the mill and tailings facility will support smaller gold and silver mining operations in the Pacific Northwest. The company also explored the Thule copper property that surrounds the Craigmont pit. One hole drilled on the Embayment zone skarn intersected about 86 metres of approximately 1.1 per cent copper; other skarn and porphyry targets on Thule are being pursued. The SOUTH CENTRAL REGION (THOMPSON OKANAGAN AND CAR

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