AI
The Abitibi Greenstone Belt: One of the World’s Richest Gold Regions
For investors who like to participate in the mining sector,
and junior mining in particular, familiarity with the Abitibi
Greenstone Belt in Canada is essential.
The Abitibi is the world’s largest mineral-rich greenstone geological
belt, hosting many major gold and base metal deposits.
It is a 450 km long by 150 km wide geological structure that runs
through the Canadian Shield, from west of Timmins, Ontario, then
eastward to Chibougamau, Quebec.
Gold was found in the area in the late 1800’s, but significant gold
mining activity accelerated with
the discovery of the Dome, Hollinger and McIntyre mines near what is
now Timmins, Ontario,
around 1909.
Since that time, more than 100 mines have produced in excess of
170 million ounces of gold.
While the belt is known primarily for its prolific gold mining history,
base metals mines in the region have produced over 400 million ounces
of silver, 15 billion tons of copper, and 35 billion tons of zinc.
Close to The Old Moneta Mine's large property
on the South part is Dome Gold Mine:
Ex....
Goldcorp/Newmont makes headway with plan to give Dome mine a new life
Cecilia Jamasmie
| July 4, 2017
(Image courtesy of Goldcorp via Flickr)
Gold Debate: Is A New Gold Standard Coming? (Steve Forbes) -
August 23, 2020
https://www.youtube.com/watch?time_continue=157&v=rs1PH_GLi98&feature=emb_logo
Goldcorp/Newmont makes headway with plan to give Dome mine a new life
Porcupine’s Dome started as an open pit and then went underground.
Newmont’s Goldcorp (TSX:NGT) (NYSE:NEM), the world’s number one bullion
miner in terms of output, is moving forward with its Century project,
which aims to extend the life its century-old Dome mine in Ontario.
The Dome mine received a negative sentence in January 2016, when
Goldcorp announced it was closing the operation in the summer due to
weak bullion prices that nearly half the company’s share price over the
previous year.
A few months later, however, the company literally stroke gold as it
found indicated mineral resource of 4.5 million ounces and a gold
inferred mineral resource of 0.9 million ounces (for a total of 5.4
million ounces) at what is now being called the Dome Century Project.
Dome Mine
From Wikipedia, the free encyclopedia -
https://en.wikipedia.org/wiki/Dome_Mine
GOLDCORP MAY BE ABLE TO BEGIN DEVELOPING THE OPEN-PIT CENTURY PROJECT -
Goldcorp kicked off then a conceptual study to expand the open-pit mine,
which has just completed, and the project is entering its
prefeasibility stage, expected to take about 18 months.
“If we want to be economically viable and continue to contribute to
Timmins, we need projects like this to make that happen (…) this is
just an example of some of the ideas we have to take
PGM (Porcupine Gold Mines) into a second century,”
Marc Lauzier, general manager at PGM-Goldcorp told Timmins Today.
Dome is one of the oldest operating gold mines in North America
and one of the other two assets —
Hoyle Pond and Hollinger open pit —
that are part of the Porcupine operation.
While Dome has been what Goldcorp calls a “prolific” gold producer since
it began production in 1910, reserves are declining fast.
That leaves Porcupine with the Hollinger open pit, set to shut down by
2019, the Hoyle Pond underground operations and the processing
facility, which is fed by all three mines.
The potential large-scale open pit Century mine is expected to be
close to its development stage by the time Dome approaches the end of
its life, Lauzier said.
Despite having sold quite a few mines recently, Goldcorp expects to
produce approximately 2.5 million ounces of gold in 2017 and has set
itself some ambitious targets for the next five years.
The Vancouver-based miner expects gold production to increase 20% to
approximately 3 million ounces, excluding potential production from its
Canadian projects and its NuevaUnión joint venture in Chile.
Beside Moneta Gold Mine property is
Hollinger Gold Mines.
Lord Conrad Black has been the major owner of Hollinger Mines
for many years.
The large Hollinger Mines underground workings butt right up to
Moneta Porcupine Mine border -
Recently Lord Conrad Black was at Gold Show in Vancouver
and questioned by Kitco
about what he was thinking about that the dollar again
be backed by:
A Gold Standard return?
Here’s how
Lord Conrad Black sees it -
27,421 views • Jan 21, 2020
https://www.youtube.com/watch?v=wkbF50_NgRE
Click on image of Hollinger Gold Mine -
Lord Conrad Black used to be owner to Hollinger Mines -
Hollinger Mines (one of the richest Mother Load of Au-ore in
the world - and it butt right up to Moneta Gold Mine large virgine
AuMother loads,
imo!
https://en.wikipedia.org/wiki/Hollinger_Mines
Kirkland Lake & Newmont Goldcorp makes headway with plan to give Holt Mine & Dome mines, Hollinger Mines etc. a new life -
https://stockhouse.com/companies/bullboard?symbol=t.kl&postid=31440991
https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31423217
https://investorshub.advfn.com/Moneta-Porcupine-Mines-Inc-TSX-ME-5495/
Gold & Silver bulls starting to break out > ^ > ^ > ^
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
For investors who like to participate in the mining sector,
and junior mining in particular, familiarity with the Abitibi
Greenstone Belt in Canada is essential.
The Abitibi is the world’s largest mineral-rich greenstone geological
belt, hosting many major gold and base metal deposits.
It is a 450 km long by 150 km wide geological structure that runs
through the Canadian Shield, from west of Timmins, Ontario, then
eastward to Chibougamau, Quebec.
Gold was found in the area in the late 1800’s, but significant gold
mining activity accelerated with
the discovery of the Dome, Hollinger and McIntyre mines near what is
now Timmins, Ontario,
around 1909.
Since that time, more than 100 mines have produced in excess of
170 million ounces of gold.
While the belt is known primarily for its prolific gold mining history,
base metals mines in the region have produced over 400 million ounces
of silver, 15 billion tons of copper, and 35 billion tons of zinc.
Close to The Old Moneta Mine's large property
on the South part is Dome Gold Mine:
Ex....
Goldcorp/Newmont makes headway with plan to give Dome mine a new life
Cecilia Jamasmie
| July 4, 2017
(Image courtesy of Goldcorp via Flickr)
Gold Debate: Is A New Gold Standard Coming? (Steve Forbes) -
August 23, 2020
https://www.youtube.com/watch?time_continue=157&v=rs1PH_GLi98&feature=emb_logo
Goldcorp/Newmont makes headway with plan to give Dome mine a new life
Porcupine’s Dome started as an open pit and then went underground.
Newmont’s Goldcorp (TSX:NGT) (NYSE:NEM), the world’s number one bullion
miner in terms of output, is moving forward with its Century project,
which aims to extend the life its century-old Dome mine in Ontario.
The Dome mine received a negative sentence in January 2016, when
Goldcorp announced it was closing the operation in the summer due to
weak bullion prices that nearly half the company’s share price over the
previous year.
A few months later, however, the company literally stroke gold as it
found indicated mineral resource of 4.5 million ounces and a gold
inferred mineral resource of 0.9 million ounces (for a total of 5.4
million ounces) at what is now being called the Dome Century Project.
Dome Mine
From Wikipedia, the free encyclopedia -
https://en.wikipedia.org/wiki/Dome_Mine
GOLDCORP MAY BE ABLE TO BEGIN DEVELOPING THE OPEN-PIT CENTURY PROJECT -
Goldcorp kicked off then a conceptual study to expand the open-pit mine,
which has just completed, and the project is entering its
prefeasibility stage, expected to take about 18 months.
“If we want to be economically viable and continue to contribute to
Timmins, we need projects like this to make that happen (…) this is
just an example of some of the ideas we have to take
PGM (Porcupine Gold Mines) into a second century,”
Marc Lauzier, general manager at PGM-Goldcorp told Timmins Today.
Dome is one of the oldest operating gold mines in North America
and one of the other two assets —
Hoyle Pond and Hollinger open pit —
that are part of the Porcupine operation.
While Dome has been what Goldcorp calls a “prolific” gold producer since
it began production in 1910, reserves are declining fast.
That leaves Porcupine with the Hollinger open pit, set to shut down by
2019, the Hoyle Pond underground operations and the processing
facility, which is fed by all three mines.
The potential large-scale open pit Century mine is expected to be
close to its development stage by the time Dome approaches the end of
its life, Lauzier said.
Despite having sold quite a few mines recently, Goldcorp expects to
produce approximately 2.5 million ounces of gold in 2017 and has set
itself some ambitious targets for the next five years.
The Vancouver-based miner expects gold production to increase 20% to
approximately 3 million ounces, excluding potential production from its
Canadian projects and its NuevaUnión joint venture in Chile.
Beside Moneta Gold Mine property is
Hollinger Gold Mines.
Lord Conrad Black has been the major owner of Hollinger Mines
for many years.
The large Hollinger Mines underground workings butt right up to
Moneta Porcupine Mine border -
Recently Lord Conrad Black was at Gold Show in Vancouver
and questioned by Kitco
about what he was thinking about that the dollar again
be backed by:
A Gold Standard return?
Here’s how
Lord Conrad Black sees it -
27,421 views • Jan 21, 2020
https://www.youtube.com/watch?v=wkbF50_NgRE
Click on image of Hollinger Gold Mine -
Lord Conrad Black used to be owner to Hollinger Mines -
Hollinger Mines (one of the richest Mother Load of Au-ore in
the world - and it butt right up to Moneta Gold Mine large virgine
AuMother loads,
imo!
https://en.wikipedia.org/wiki/Hollinger_Mines
Kirkland Lake & Newmont Goldcorp makes headway with plan to give Holt Mine & Dome mines, Hollinger Mines etc. a new life -
https://stockhouse.com/companies/bullboard?symbol=t.kl&postid=31440991
https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31423217
https://investorshub.advfn.com/Moneta-Porcupine-Mines-Inc-TSX-ME-5495/
Gold & Silver bulls starting to break out > ^ > ^ > ^
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
My opinions are my own and and DD I post should be confirmed as unbiased
