Overview
Stage | Preliminary Economic Assessment |
Mine Type | Underground |
Commodities |
|
Mining Method |
- Longitudinal retreat
- Transverse stoping
- Longhole stoping
- Cemented rockfill
- Unconsolidated rockfill
|
Production Start | ... |
Mine Life | 9.7 years (as of Jan 1, 2023) |
The Chimo Mine Project comprises the Chimo Mine and East Cadillac properties.
November 21st , 2023 - Cartier Resources Inc. presents the potential of gold-bearing intersections for future discoveries over 15 km favorable Gold Strike on Chimo Mine Project. |
Latest News | Cartier cuts 13.2 g/t Au over 2.3 m in the VG Zone of the Chimo Mine Project March 12, 2024 |
Source:
p. 55
On April 7, 2022, Cartier acquired all issued and outstanding shares of Chalice Gold Mines Inc. that held a 100% interest in the Chimo mine (East Cadillac Property).
On May 6, 2022, Chalice Gold Mines Inc., which became a wholly-owned subsidiary of Cartier, changed its name to Chimex Resources Inc.
Contractors
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Deposit Type
- Banded iron formation hosted
- Vein / narrow vein
- Breccia pipe / Stockwork
Summary:
Two gold deposits and several occurrences are known on the Properties: the historic Chimo mine and the West Nordeau Deposit.
The Chimo Mine and East Cadillac properties have geological potential for two main types of orogenic gold deposits: Type I: greenstone-hosted quartz-carbonate vein type (Dubé and Gosselin, 2007); and Type II: BIF-hosted gold mineralization type (Robert et al., 2007).
Gold mineralization in the area is typically concentrated along the Larder Lake Cadillac Fault Zone and related secondary structures. This is evident at the closed Chimo Mine and the West Nordeau Deposit, where gold occurs with quartz and arsenopyrite in longitudinal high-strain (“shear”) zones within the mafic volcanic rocks and in bands of semi-massive arsenopyrite and pyrrhotite associated, in the north part of the Chimo Mine Property with banded magnetite iron formation units (Sauvé et al., 1987).
Gold mineralization on the Properties occurs epigenetically in silicified lodes with disseminated sulphides, spatially related to banded iron formations and altered shear zones with temporally related quartz ± carbonate veins. When related to shear zones, gold typically occurs in volcanic units with disseminated arsenopyrite, pyrite and chalcopyrite. Graphite horizons are also common with this type of mineralization.
Chimo Mine Deposit
Mineralization at the Chimo Mine Deposit consists of five main mineralized structures.
Zone 1 gene ........
Mining Methods
- Longitudinal retreat
- Transverse stoping
- Longhole stoping
- Cemented rockfill
- Unconsolidated rockfill
Summary:
The Chimo Mine Project will involve an underground operation with a mining method optimized to the deposit geometry, with longitudinal long-hole retreat as a preferred mining method. Mining will take place around the historic Chimo mine in the renamed Chimo Mine Main zone, in addition to three new mining sectors to the east and in-depth: East Chimo Mine, Chimo Mine Extension and West Nordeau. The current mine plan will sustain production of 4,500 tpd while in production, with a three-year pre-production period.
The different sectors of the mine will be accessed via ramps and drifts to allow the efficient circulation of mobile mining equipment and to satisfy ventilation requirements. The historic threecompartment mineshaft of 914m depth will be rehabilitated to accommodate the installation of a vertical conveyor. Mined mineralized material from the upper portions of the mine will be sent down to the base of the vertical conveyor using material passes and mined material from the lower portions of the mine will be hauled using underground diesel trucks to the same level.
Mineralized material will then be crushed using a jaw crusher and transported to the surface via the vertical conveyor before being sorted using sensor-based sorting technology. Sorted waste will be returned from surface using a network of waste passes and mixed with cement to be used as backfill.
The mine will be owner-operated, and the mining fleet will be purchased via a lease ........
Source:
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Flow Sheet:
Summary:
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Source:
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Projected Production:
Commodity | Units | Avg. Annual | LOM |
Gold
|
oz
| 116,900 | 1,157,710 |
All production numbers are expressed as metal in doré.
Operational Metrics:
Metrics | |
Daily mining rate
| ...... |
Daily processing rate
| ...... |
Daily processing capacity
| ...... |
Annual production capacity
| ...... |
Waste tonnes, LOM
| ...... |
Total tonnes mined, LOM
| ...... |
Tonnes processed, LOM
| ...... |
* According to 2023 study.
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Reserves at August 22, 2022:
The estimate is reported for a potential underground scenario at a cut-off grade of 1.5 g/t Au for the Central Corridor and 2.0 g/t Au for the North and South corridors.
Category | Tonnage | Commodity | Grade | Contained Metal |
Indicated
|
7,128,000 t
|
Gold
|
3.14 g/t
|
720,000 oz
|
Inferred
|
18,475,000 t
|
Gold
|
2.75 g/t
|
1,633,000 oz
|
Corporate Filings & Presentations:
Document | Year |
...................................
|
2023
|
...................................
|
2023
|
...................................
|
2023
|
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News:
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