1911 Gold not too long ago introduced it was consolidating its landholdings close to Bissett, Manitoba, with the acquisition of the Palomar Lake and Pleiades properties. Each are about 20 km east of the corporate’s True North mill and former mine. The corporate now controls greater than 58,000 hectares inside and adjoining to the Archean Rice Lake greenstone belt.
The True North complicated features a fashionable, totally permitted 1,300 t/d mill, a tailings administration space and reprocessing operation, a suspended underground gold mine, and the True North deposit. The deposit produced over 2 million oz. of gold over a mine life that spanned near 100 years, together with steady manufacturing from 1932 to 1968 from the historic San Antonio gold mine.
The prefeasibility examine ready in 2016 for the True North mine put measured and indicated sources at 1.4 million tonnes grading 7.26 g/t gold, containing 294,000 oz., and inferred sources at 2.8 million tonnes grading 5.65 g/t gold, containing 460,000 oz. of gold.
Manitoba launched its MMDF in August 2020 with the aim of leap beginning mineral and financial growth tasks within the province.
(This text first appeared within the Canadian Mining Journal)