Archive | Abitibi Greenstone Belt

Excerpt from J.P. BICKELL: The Life, the Leafs, and the Legacy – by Jason Wilson, Kevin Shea and Graham MacLachlan

To order a copy of “J.P. BICKELL: The Life, the Leafs, and the Legacy”: https://www.dundurn.com/books/JP-Bickell

Jason Wilson is a bestselling Canadian author, a two-time Juno Awards Nominee, and an Adjunct Professor of History at the University of Guelph. He has performed and recorded with UB40, Ron Sexsmith, Pee Wee Ellis, and Dave Swarbrick. Jason lives in Stouffville, Ontario.

Kevin Shea is a renowned hockey historian and bestselling author of fourteen hockey books. He is the Editor of Publications and Online Features for the Hockey Hall of Fame, a member of the Toronto Maple Leafs Historical Committee, and a founding member of Road Hockey to Conquer Cancer. Kevin lives in Toronto.

Graham MacLachlan is a relative of J.P. Bickell who has an extensive business background in international trade that is equalled by his involvement in hockey in the IIHF, the WHL, Hockey Canada, Hockey Alberta, and Hockey Calgary. Graham lives in Calgary, Alberta.

OVERVIEW

He stayed out of the spotlight, but Leafs fans know J.P. Bickell cast a long shadow.

A self-made mining magnate and the man who kept the Maple Leafs in Toronto and financed Maple Leaf Gardens, J.P. Bickell lived an extraordinary and purposeful life. As one of the most important industrialists in Canadian history, Bickell left his mark on communities across the nation. He was a cornerstone of the Toronto Maple Leafs, which awards the J.P. Bickell Memorial Award to recognize outstanding service to the organization.

Bickell’s story is also tied up with some of the most famous Canadians of his day, including Mitchell Hepburn, Roy Thomson, and Conn Smythe. Through his charitable foundation, he has been a key benefactor of the Hospital for Sick Children, and his legacy continues to transform Toronto. Yet, though Bickell was so important both to Toronto and the Maple Leafs, the story of his incredible life is today largely obscure. This book sets the record straight, presenting the definitive story of his rise to prominence and his lasting legacy — on the ice and off. Continue Reading →

Quebec Snapshot: Nine juniors with active exploration and development projects – by John Cumming (Northern Miner – September 27, 2017)

Global mining news

Quebec has proven to be a hotbed for junior mining company activity and perennially one of the industry’s favourite jurisdictions in which to operate. Gold remains the target of interest, but the province’s rich mineral endowment means juniors are also on the hunt for silver, platinum group metals, copper, lead-zinc, nickel, iron ore, rare earth elements, graphite and lithium.

ALEXANDRIA MINERALS

Toronto-based, Eric Owens-led junior Alexandria Minerals (TSXV: AZX) is in the midst of a 30,000-metre, mid-year drill campaign at its Orenada gold property, situated on the Cadillac Break geological structure, immediately southeast of the city of Val-d’Or, Quebec.

Alexandria’s near-term goal is to expand the deposit to the east and west — especially the deposit’s Zone 1 — with an eye to completing a resource estimate before year-end. As of 2009, Orenada had a near-surface resource of 4.3 million measured tonnes grading 1.36 grams gold per tonne (189,000 contained oz. gold), 6 million indicated tonnes of 1.01 grams gold and 4.7 million inferred tonnes. Continue Reading →

Excerpt from J.P. BICKELL: The Life, the Leafs, and the Legacy – by Jason Wilson, Kevin Shea and Graham MacLachlan

To order a copy of “J.P. BICKELL: The Life, the Leafs, and the Legacy”: https://www.dundurn.com/books/JP-Bickell

Jason Wilson is a bestselling Canadian author, a two-time Juno Awards Nominee, and an Adjunct Professor of History at the University of Guelph. He has performed and recorded with UB40, Ron Sexsmith, Pee Wee Ellis, and Dave Swarbrick. Jason lives in Stouffville, Ontario.

Kevin Shea is a renowned hockey historian and bestselling author of fourteen hockey books. He is the Editor of Publications and Online Features for the Hockey Hall of Fame, a member of the Toronto Maple Leafs Historical Committee, and a founding member of Road Hockey to Conquer Cancer. Kevin lives in Toronto.

Graham MacLachlan is a relative of J.P. Bickell who has an extensive business background in international trade that is equalled by his involvement in hockey in the IIHF, the WHL, Hockey Canada, Hockey Alberta, and Hockey Calgary. Graham lives in Calgary, Alberta.

OVERVIEW

He stayed out of the spotlight, but Leafs fans know J.P. Bickell cast a long shadow.

A self-made mining magnate and the man who kept the Maple Leafs in Toronto and financed Maple Leaf Gardens, J.P. Bickell lived an extraordinary and purposeful life. As one of the most important industrialists in Canadian history, Bickell left his mark on communities across the nation. He was a cornerstone of the Toronto Maple Leafs, which awards the J.P. Bickell Memorial Award to recognize outstanding service to the organization.

Bickell’s story is also tied up with some of the most famous Canadians of his day, including Mitchell Hepburn, Roy Thomson, and Conn Smythe. Through his charitable foundation, he has been a key benefactor of the Hospital for Sick Children, and his legacy continues to transform Toronto. Continue Reading →

OPINION: The Richmont gold deal: A sign of things to come? – by Andrew Willis (Globe and Mail – September 18, 2017)

https://beta.theglobeandmail.com

In mining circles, the Ontario town of Wawa on the shores of Lake Superior is suddenly a hot place to do business.

Wawa, home to 3,000 souls and an enormous Canada Goose sculpture, is the closest place to buy groceries if you work at the Island Gold mine, a property that has yielded 430,000 ounces of gold for owner Richmont Mines Inc. and holds something like another 1.7 million ounces of the precious metal.

Proven reserves in politically stable jurisdictions are near the top of the shopping list for acquisitive mining companies. And Wawa is the model of stability in comparison to many of the places Canadian mining companies do business, such as Tanzania, which recently hit a Barrick Gold Corp. subsidiary with an absurd $190-billion (U.S.) tax bill – that’s billion with a “B” – as part of an ongoing dispute over three mines, or even Greece, where the government in dragging its feet on permits for properties owned by Eldorado Gold Corp. Continue Reading →

Alamos Gold acquiring Wawa gold operation: Richmont’s Island Gold Mine was a prized target of Toronto miner – by Staff (Northern Ontario Business – September 11, 2017)

https://www.northernontariobusiness.com/

Alamos Gold is proposing a friendly acquisition of Richmont Mines’ flagship Island Gold Mine in a $933-million all-stock deal. The Wawa-area mine is touted by Alamos as a high-grade, low-cost producer with plenty of upside to add ounces over the next few years.

“We’re adding a high-quality asset in a great jurisdiction,” said Alamos Gold president-CEO John McCluskey in a Sept. 11 conference calls with analysts. If the transaction is finalized this fall, he places Island Gold as a top-three operating asset that would propel Alamos among the top 10 North American gold miners, capable of producing more than 500,000 ounces a year.

“The addition of Island Gold elevates Alamos to a new level, solidifying its position as a leading intermediate gold producer,” said McCluskey in his remarks. Shareholder meetings at both companies to approve the transaction will take place in mid-November. Continue Reading →

Sudbury gold explorer ready to take a chunk out of Quebec: Wallbridge Mining chases permit for bulk sample at high-grade gold project – by Staff (Northern Ontario Business – August 17, 2017)

https://www.northernontariobusiness.com/

A Sudbury junior miner is making preparations to extract a large bulk sample at an advanced gold project in northwestern Quebec. Wallbridge Mining announced that it has received a Certificate of Non-Liability from the Government of Quebec for the dewatering of the pit and ramp at its Fenelon Gold Project, and to take a 35,000-tonne bulk sample at the property, located 75 kilometres north of Mattagami.

The company said this allows them to proceed with an application for a certificate of authorization from the regional authority responsible for issuing permits. This review process is underway and typically takes 60 to 75 days.

After acquiring the old mine property last October, Wallbridge announced a positive prefeasibility study at Fenelon last February. Located in the gold-rich Abitibi region, it’s roughly on the same latitude – and just over the Quebec border – from the Detour Lake open-pit mine in northeastern Ontario. Continue Reading →

[Northern Superior Resources] Sudbury junior miner breathes life into Far North, Quebec projects – by Ian Ross (Northern Ontario Business – August 15, 2017)

https://www.northernontariobusiness.com/

Measuring 20 kilometres by 30 kilometres, Morris believes TPK has district-scale
mining possibilities, comparable to the Hollinger Mine complex in Timmins or
the Red Lake district. “I’ve been in this business for 35 years. I’ve never
seen anything like this.”

Tom Morris is excited to be finally returning to his roots. The president-CEO of Northern Superior Resources has two projects on the go this summer as his Sudbury exploration outfit advances a promising Quebec gold project while simultaneously blowing the dust off a mothballed gold and base metals property in Ontario’s Far North.

“When it comes to doing what we’re supposed to be doing, which is exploration, we’ve been pretty dormant,” Morris admits. During the downturn, it was all about survivability for many junior miners who tightened their belts as exploration dollars dried up.

After weathering that period in reasonably good shape, and with market interest in commodities looking favourable, it’s now time to get back to work with exploration dollars in hand and new company leadership in place. “Timing was everything,” said Morris. “I kept the company going for this opportunity that we knew was coming at some point.” Continue Reading →

George Salamis: Executive Chairman of Integra Gold Corp. – Mining Disruption: An Overview

 

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Last year he challenged the industry to “get off the sidelines and into the innovation game.” Get ready to be astounded by what that means.

With over 25 years of experience in the mining industry, George Salamis understands the opportunities. He issued his challenge at Integra’s 2016 Gold Rush Challenge, the industry’s largest ever crowdsourcing campaign. Now new technologies such as machine learning, artificial intelligence and virtual reality are being applied to mineral exploration, and George is in demand as a speaker who can explain what’s happening now, and what’s coming next. Continue Reading →

Eldorado finishes Integra Gold acquisition, expands operations in Canada – by Cecilia Jamasmie (Mining.com – July 10, 2017)

http://www.mining.com/

Canada’s miner Eldorado Gold (TSX:ELD) (NYSE:EGO) has taken over Integra Gold (TSX-V:ICG) in a move that helps it strengthen its position in the home country, particularly around the gold-rich Eastern Abitibi region, in Quebec.

The deal, worth about Cdn$590 million (US$457 at today’s rates), was approved by Integra shareholders and the Supreme Court of British Columbia last week.

The transaction gives Integra shareholders about Cdn$129 million cash and 77 million common shares of Eldorado, for all the issued common shares of Integra that the company did not already own. That represents roughly 10% of the total issued common shares of Eldorado, post-completion of the arrangement, the company said in the statement. Continue Reading →

Kirkland Lake and the Amazing World-Class Abitibi Gold Mining Belt – Orefinders CEO Stephen Stewart Interviews RepublicOfMining.com’s Stan Sudol (July 10, 2017)


The Abitibi is the largest Archean greenstone belt in the world. It’s roughly 150 km wide and starts just west of Timmins in Ontario – some say it starts in the Wawa camp – stretches for about 650 kms. in an east/west direction to Chibougamau, Quebec.

Since the first gold discovery in Timmins in 1909, the Abitibi has been the source of about 200 million ounces of gold and at least 35 billion pounds of zinc and 15 billion pounds of copper.

Both Ontario and Quebec have a number of significant mining camps. Continue Reading →

Drilling proves productive for Kirkland Lake Gold – by Staff (Northern Ontario Business – June 30, 2017)

https://www.northernontariobusiness.com/

Exploration program yields new gold systems at Macassa, Taylor Mines

An aggressive exploration program by Kirkland Lake Gold is producing positive results at its two cornerstone mines in northeastern Ontario. The company reported making some high-grade drill intercepts during its exploration campaign at the South Mine Complex (SMC) of the Macassa Mine in Kirkland Lake.

An underground drill program at the mine’s 5300 Level intersected some new gold mineralization to the east with the discovery of a hanging wall system that could expand the mine’s resources.

Some of the results include intercepts of 65.8 grams per tonne (g/t) over 2.1 metres and 160.3 g/t over 0.3 metres. Follow-up drilling is planned for later this year. Drill platforms have been set up on both the east and west ends of the 5300 Level to expand the resource laterally and at depth. Early results are suggesting there is a strong potential to do just that. Continue Reading →

[Abitibi and James Bay Regions] Quebec’s golden pockets – by Virginia Heffernan (CIM Magazine – December 15, 2016)

http://magazine.cim.org/

Exploration spending is down across the board, but budgets for gold exploration have suffered less than other metals. And in two particular regions of Quebec – the established Abitibi gold belt and the emerging James Bay region – exploration drills are busily biting the rock.

The latest map of exploration drilling in Canada resembles a nighttime satellite image of the country: vast expanses of monochrome punctuated by clusters of brightness. If the clusters represented urban areas, the Abitibi greenstone belt straddling the Quebec-Ontario border would be a bustling metropolis and the James Bay region a small but growing municipality.

Despite a global slowdown in exploration spending that S&P Global Market Intelligence expects to continue into 2017, pockets of Quebec could be on the cusp of an upswing. The province’s share of Canadian drilling activity averaged about 30 per cent in the first nine months of 2016, reaching almost 40 per cent in August, according to analysis by S&P Global. Continue Reading →

Osisko Mining expects winnings from Windfall – by Trish Saywell (Northern Miner – May 23, 2017)

Global mining news

Osisko Mining’s (TSX: OSK) 400,000-metre drill program at its Windfall project in Quebec should lead to a resource update before year-end, a feasibility study and permitting in 2018, and construction in 2019, president and CEO John Burzynski announced at The Northern Miner’s Canadian Mining Symposium in London.

“We could pour gold as early as 2020,” Burzynski said during a presentation at the one-day mining event at Canada House on May 9. “It’s an aggressive time frame … we’ve got an aggressive program, with lots of drills and more drills coming.”

Twenty-two drill rigs are turning at the project and Osisko will have 25 rigs by the start of June, in what is easily the largest drill program on any one deposit in Canada, and arguably the largest anywhere in the world. Continue Reading →

Eldorado to acquire Integra as gold miners play it safe – by Nicole Mordant (Reuters U.S. – May 15, 2017)

http://www.reuters.com/

Eldorado Gold Corp agreed on Monday to purchase fellow Canadian mining company Integra Gold Corp for C$590 million ($432.4 million) in the latest move by gold miners to opt for less risky geopolitical regions in a lackluster gold market.

Canada’s stable legal and taxation system, clear way of getting mining permits and government support for the industry are drawing cards for miners as bullion stays rangebound between $1,100 and $1,300 an ounce, analysts and mining executives said.

The Eldorado cash-and-stock deal values Integra at C$1.21 a share, a 52 percent premium to Friday’s closing price. The deal sent Integra’s shares soaring 39 percent to C$1.12 on the TSX Venture Exchange on Monday. Eldorado’s stock dropped 7.8 percent to C$4.61. Continue Reading →

Algonquins say pact with mining company vital for community’s future – by Christopher Curtis (Montreal Gazette – May 2, 2017)

http://montrealgazette.com/

For as far back as he can remember, Chief David Kistabish says there were mines on Algonquin territory. Workers came and went, companies plundered gold from the earth and, in the very worst cases, dumped their waste into the rivers that had sustained life on the territory for millennia. At no point, throughout this process, did they consult with the people whose livelihood still depended on the land, Kistabish says.

“Elders in our community tell us that, historically, the gold mine up river dumped its tailings into the water,” said Kistabish, Chief of the Abitibiwinni First Nation — a community about 600 kilometres northwest of Montreal. “They spoke about seeing beavers and other animal corpses floating along the river. It poisoned an important food source for us. That’s what mining means to them.”

Despite the history of distrust between his community and the mining industry, Kistabish announced an agreement Tuesday with RNC Minerals (formerly called Royal Nickel Corporation). Under the deal, the Algonquins of Abitibiwinni will oversee a study about the impact a nickel mine could have on their hunting and fishing grounds. Continue Reading →