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Re: bigone post# 669

Monday, 09/21/2020 2:26:41 PM

Monday, September 21, 2020 2:26:41 PM

Post# of 673
The Sudbury Basin: Ontario’s trillion dollar mining camp
Last month, I had the pleasure of participating in the 16th Annual
Sudbury Mining Week -


It was appropriate to celebrate Mining Week in Canada, and especially
in Sudbury –

one of the most prolific mining camps in the world. In Canada,
mining contributes $40 billion dollars or 5 per cent of
Canada’s GDP every year and pays $4.7 billion in corporate taxes
alone.
This industry directly employs 370,000 Canadians and
is the largest private sector employer of Aboriginals.
Canada remains the leading source of new capital for
the global mining industry accounting for 36 per cent
of the $53 billion raised in 2007 or net $19 billion.


As a mining engineer who has spent his career in Africa,
the United Sates and Latin America, I can confirm that there
are few places in the world where mining is embraced and
supported as it is in Sudbury.

However, even in Sudbury, it is important that the mining industry
support events such as Mining Week to communicate with local
communities and, perhaps, persuade some young people to consider this
industry as a future career choice.

The Sudbury area is a 1.85 billion year old meteorite impact crater
and the first mineral discoveries were made here in 1883.
Let me give you a few numbers about;

Sudbury which may
surprise even local residents.


The total ore mined to date in Sudbury is
approximately 1.7 billion tonnes with
40 billion pounds of nickel,
36 billion pounds of copper,
70 million ounces of platinum, palladium and
gold and 283 million ounces of silver recovered.

At today’s commodity prices, total historic production
and current known reserves in Sudbury represent a
one trillion dollar value.


The community is the richest mining district in
North America and among the top ten most important
globally.
Sudbury accounts for about half the mining activity in Ontario,
Canada’s largest mineral producing province.
The value of Ontario’s mining sector is about
$10 billion annually (2007 figures).


I think these numbers give you some idea of what an
incredible mining area Sudbury is and the impact
it has had on the wealth, not only of the City of
Greater Sudbury, but of Ontario and Canada.

In addition to exploration for gold at

The Golden Rose Gold Mine project site,

Click on image and find The Golden Rose Gold Mine - with shallow mining
I see it as virgin -





Conquest said two other styles of economic mineral deposits have
been identified
within the enlarged Sudbury land package....



Golden Rose Mine- Contains a reserve
2.4 million tonnes at 0.26 ounces of gold a tonne that
contains 619,000 ounces of gold.
10/5/20160 Comments






https://www.ontarioexplorations101.com/temagami-ontario-mines/golden-rose-mine-owned-by-temagami-gold-inc-contains-a-reserve-24-million-tonnes-at-026-ounces-of-a-tonne-that-contains-619000-ounces-of-gold

Company Conquest Resources Limited
Address Suite 700, 220 Bay Street, Toronto, ON M5J 2W4 Canada
Phone 416-362-8243
Fax 416-368-5344
Email Address terence_mckillen@conquestresources.net

Website
http://www.conquestresources.net






Mining Companies Flock To Stake Claims
In Red Lake After Recent Gold Strikes In That Area
Conquest's Alexander Property comprises 27 patented claims
acres adjoining
Goldcorp's Red Lake mine.

Published: July 28, 2020 at 8:32 a.m. ET

https://www.marketwatch.com/press-release/mining-companies-flock-to-stake-claims-in-red-lake-after-recent-gold-strikes-in-that-area-2020-07-28-81973250


Alexander Gold Project
Red Lake, Ontario
is claimed by Goldcorp to be
the richest gold mine in the world




The Alexander Property is situated within 2 kilometres of more than
28 million ounces of gold from past production and current resources
and within 400 metres of Goldcorp’s Far East Zone gold discovery.


The Alexander Property is of ample size to accommodate a high-grade
gold deposit at depth as repetition of the adjacent deposits at
Goldcorp’s Red Lake gold mine.

The stratigraphy under the property remains essentially untested
below 700 metres depth.

The richest gold bearing ore zones exist below a vertical depth of
1,300 metres in the High Grade Zone at
the Goldcorp Red Lake gold mine which is less
than 800 metres from the property boundary.


Conquest's target on the Alexander claims is an extension,
or repetition, of the mineralization at the Red Lake mine.

The Red Lake mine is claimed by Goldcorp to be
the richest gold mine in the world with
approximately 28,000,000 ounces of historic
production and current reserves.


https://www.conquestresources.com/project/alexander-gold/

Location and Property Description
Conquest's Alexander Property comprises 27 patented claims
covering 448 hectares (1,107 acres) adjoining
Goldcorp's Red Lake mine.

Conquest’s land is situated just beyond the security gate at
Goldcorp’s Red Lake gold mine and is almost completely
surrounded by Goldcorp's Red Lake mine property.


The Alexander claim holdings are patented and do not
require any annual minimum expenditures, other than
nominal property taxes.

https://www.conquestresources.com/project/alexander-gold/

https://www.conquestresources.com

$15,000 gold price? Jim Rickards and Peter Schiff give forecasts (Part 1/3)
48,024 views •Jul 30, 2020

https://www.youtube.com/watch?v=TnOcRRJHTmk

The chart attached is a forecast for gold based upon that technique.

The data suggests that this current rally could easily surpass
$2000 per ounce, and is most likely to reach $2100 or higher
by the conclusion of this rally.

Gold & Silver bulls starting to break out > ^ > ^ > ^




https://www.youtube.com/watch?time_continue=3&v=RDZQoQ61RrY&feature=emb_logo

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