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Donner Metals: Bracemac-Mcleod Ramp Moves Past 660 Metres |
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Monday, 14 March 2011 15:51 |
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Donner Metals Ltd. (TSXV-DON) reports that the Bracemac-McLeod ramp is currently at 660 metres enroute to the Bracemac-McLeod deposit where initial production from the mine is scheduled to start in January, 2013.Â
In addition to ramp advancement, the installation of mine ventilation facilities and the construction of support infrastructure at the ramp portal are in progress. The existing 4.3 kilometres of haulage road from the portal to the Matagami Mill is also currently being refurbished to accommodate haulage of ore from Bracemac- McLeod. The development of the Bracemac-McLeod deposit is operated by Xstrata Canada Corporation – Xstrata Zinc Canada Division with 12 contractor companies on site currently employing approximately 30 people in addition to Xstrata Zinc personnel. In addition, exploration drilling has been conducted in the Radiore area, located 11.8 kilometres north of the Bracemac- McLeod deposit, and in the New Hosco area located 18.4 kilometres northwest of the Bracemac-McLeod deposit. Three diamond drillholes were completed on the near-surface, southeastern extension of the historical Radiore Mine (historical production of 0.14 million tons 1.34% zinc, 1.57% copper). Drillhole DR-11-04 targeted a geophysical response 450 metres east of the deposit. It intersected 51.6m of stringer and disseminated pyrite and pyrrhotite. A stepout drillhole from the same set-up (drillhole DR-11-05) intersected 1.8 metres of massive pyrrhotite with traces of chalcopyrite. Drillhole DR-11-06 was drilled 65 metres to the west of this mineralization and it intersected 49.3 metres of stringer and disseminated pyrite and pyrrhotite. All holes intersected stratigraphy consistent with the Radiore deposit. Two stratigraphic drillholes were completed 1.3 kilometres southwest of the historical New Hosco Mine (historical production of 1.83 million tonnes grading 1.73% zinc and 1.73% copper). Both drillholes stayed in rocks considered to be the hanging wall to the deposit and they did not intersect mineralization. On the PD1 deposit, Xstrata Zinc is seeking bids from independent engineering firms for the feasibility study described in the news release dated February 10, 2011. The technical report on the resource calculation has been posted on SEDAR. |