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Saturday, 07/02/2016 3:38:07 PM

Saturday, July 02, 2016 3:38:07 PM

Post# of 1856
"...The Rice Lake Mine was formerly known as the San Antonio Mine or Bissett Mine and was earlier in production for one period lasting 36 years, during which 1.35 million ounces of gold was produced, and a second period lasting two years, during which 210,000 ounces of gold was produced. The Rice Lake Mine resumed operations under San Gold Corporation during 2006. Its A-shaft penetrates 4,050 feet below ground and connects via a 5,000-foot crosscut to D-shaft and a spiral ramp, which penetrate another 900 feet and 760 feet of depth respectively.

The Mine is situated within the Rice Lake greenstone belt at the western end of the Archean Uchi Volcanic-Plutonic Subprovince, which stretches from Lake Winnipeg to James Bay and also contains the prolific Red Lake and Pickle Lake gold producing belts. The bedrock in the area of the Mine consists of the Bidou Lake Subgroup, which is made up of felsic to intermediate volcanic flows and dacitic crystal tuffs and breccias overlain by carbonate-sericite schist. The sequence is intruded by diabase sills and dykes, and porphyritic felsic dykes. The Bidou Lake Subgroup is unconformably overlain by feldspathic sandstone of the San Antonio Formation. Mineralization at the Mine is confined to a layered, sill-like gabbroic unit which intrudes the Townsite Unit of the Bidou Lake Subgroup and is known as the San Antonio Mine Unit. At San Gold #1 gold mineralization is confined to a sericite schist and quartz-carbonate unit which forms part of the volcanic stratigraphy of the Bidou Lake Subgroup...."

http://www.cbr.ca/CompanyProfile.aspx?CompanyID=23993