Queenston Mining is
pressing ahead with a gold mine development near Kirkland Lake.
The Toronto-based gold
miner's closure plan for its Upper Beaver property was approved by the Ministryof Northern Development and Mines.
Company president Charles
Page said the closure plan “paves the way” for underground development of the
gold-copper deposit.
The plan is a key to move
the project toward sinking a shaft, beginning underground development and
feasibility.
Construction has started
on a road and power line corridor along with site preparation. The company
expects to start the shaft collar later this year.
Page said detailed
engineering is “well advanced” and two sinking hoists are expected to arrive in
the third quarter of next year.
The Upper Beaver is a past
producing deposit and contains a mineral resource of more than three million
tonnes of gold, grading 7.0 grams per tonne.