Toronto’s Orefinders Resources has hired two
contractors to crush and recover surface gold from its Stockpiles
Project near Kirkland Lake.
At its Mirado gold property, the
company has a pile of blasted and mined material on the surface,
known as the Stockpiles, once excavated from the former open-pit mine
during production in the 1980s.
What they’ve discovered through a resource calculation is an inferred resource of 20,742 tonnes at an average grade of 4.41 grams per tonne for a total of 2,939 contained ounces of gold.
They’ve hired SCR Mining and Tunneling L.P. of Sudbury to crush the material to between 4 to 8 inches, and then truck it across the Ontario-Quebec border to IAMGOLD’s Westwood Mill, east of Rouyn-Noranda, where the gold will be recovered.
Orefinders signed a toll milling agreement with Westwood in mid-July to deliver 25,000 tonnes for processing.
Soutex Inc. of Quebec City has been hired as the metallurgical consultants to oversee the milling process and maximize the gold recovery.
Orefinders management views this as an opportunity to both clean up the mine site and generate cash flow for exploration and development on their 5,800-acre land package, 35 kilometres southeast of Kirkland Lake.
The company is planning and evaluating the open pit potential in its next stage of development.
