The system remains open in all directions and shows strong similarities to high grade mineralization presently being mined at Goldcorp’s Red Lake Complex as well as Rubicon’s F2 system.
The historic Madsen mine was in production from 1938 until 1976. It produced over 2.4 million ounces of gold during that time period. The mine production exceeded 100,000 ounces per year and averaged 0.29oz per ton during its history.
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