Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Production Start | ...  |
Mine Life | 5 years (as of Jan 1, 2020) |
Fiore Gold reported a two year mine life extension for the Pan mine in 2021. |
Source:
p. 1
The Pan Mine is owned by GRP Pan, LLC d/b/a Fiore Gold Pan Mine (GRP), a Nevada limited liability company and Fiore’s wholly owned subsidiary.
Jan. 12, 2022 - Calibre Mining Corp. and Fiore Gold Ltd. (“Fiore”) are pleased to announce the successful completion of the previously announced transaction pursuant to which, among other things, Calibre acquired all of the issued and outstanding common shares of Fiore pursuant to a court-approved plan of arrangement.
As a result of the Arrangement, Calibre acquired a 100% interest in Fiore’s operating Pan Gold Mine.
Contractors
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Deposit Type
- Breccia pipe / Stockwork
- Carlin-type
- Sediment-hosted
- Epithermal
Summary:
Local and Property Geology
Geology in the Project area is dominated by Middle to Late Paleozoic stratigraphy overlain by minor Tertiary-aged volcanic units. Quaternary-aged detrital deposits are limited to drainage channels. Consequently, there is good bedrock exposure in most of the Project area.
Significant Mineralized Zones
Pan has three main mineralized zones; North, Central, and South. Gold mineralization spatially follows the Devils Gate Limestone – Pilot Shale contact in all three and is also controlled by steeplydipping faults that trend north-south and secondarily by west-northwest (WNW) open fold axes. North Pan is dominated by: 1) near-vertical pipes and bodies of silicified solution breccia localized at the Pilot Shale–Devils Gate Limestone contact adjacent to the BFZ, and 2) stratiform-like modestly dipping breccia bodies and zones west of the BFZ focused near the locally folded Pilot Shale–Devils Gate contact. Central and South Pan have more argillic alteration than silicic. Mineralization in Central Pan is at the Pilot–Devils Gate contact and secondarily controlled by WNW trending open folds, and likely other subtle structures which have not been clearly identified. These open folds were not recognized from exploration drilling, and have only become apparent after exposure in the pit walls. Their significance in controlling mineralization is also subtle but has been confirmed by examination of blast hole assays. South Pan mi ........

Summary:
Currently, conventional open pit mining methods are implemented at Pan. A contract miner is conducting the mining activities. Ore and waste are drilled and blasted, then loaded into CAT 777 haul trucks with CAT 992 wheel loaders. The loading and haulage fleet is supported by track dozers, motor graders, and water trucks. Waste is hauled to waste rock storage facilities near each pit. Ore is hauled and placed directly at the crusher feed stockpile and overflow ore is placed directly on the heap leach pad. The ore placed at the crusher feed stockpile is rehandled into the crusher with one CAT 988 wheel loader operated by GRP. The crushed ore is then rehandled from the crushed ore stockpile into CAT 777 haul trucks with CAT 992 wheel loaders and placed on the heap leach pad.
The Pan Mine uses a mining contractor for all mining activities with the exception of crushing the ore and placement of ore into the crusher. The Pan Mine owns, operates, and maintains all other equipment on the site.
Ore production is planned at a nominal rate of 14,000 t/d, equivalent to 5.1 Mt/y with an expected 5- year mine life. Mining is planned on a 7 day per week schedule on a double 12-hour shift per day Monday through Thursday and single 12-hour day shift Friday through Sunday 365 days per annum. Peak ore and waste production is estimated at 50,000 t/d. The average LOM stripping ratio is 1.70:1 waste-to-ore, using a 0.003 oz/ton internal cut-off for the argillic sitewide ........

Source:

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Flow Sheet:
Summary:

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Production:
Commodity | Units | 2021 | 2020 | 2019 | 2018 | 2017 |
Gold
|
oz
| ......  | ......  | ......  | 34,297 | 10,064 |
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2021 | 2020 | 2019 | 2018 | 2017 |
Stripping / waste ratio
| ......  | ......  | 1.8 | 1.2 | 0.74 |
Daily ore mining rate
| ......  | ......  | 13,923 tons | 14,228 tons | |
Total tonnes mined
| ......  | ......  | 14,046,689 tons | 11,486,541 tons | 3,964,119 tons |
Ore tonnes mined
| ......  | ......  | 5,081,729 tons | 5,193,397 tons | 2,283,960 tons |
Waste
| ......  | ......  | 8,964,960 tons | 6,293,144 tons | 1,680,159 tons |
Daily mining rate
| ......  | ......  | | 31,470 tons | |
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Reserves at June 30, 2020:
Reserves for Argillic (soft) ore are based upon a minimum 0.003 oz/st Au internal cut off grade (“CoG”), using a US$1,575/oz-Au sales price and an Au Recovery of 80%; Reserves for Silicic (hard) ore are based upon a minimum 0.004 oz/st Au Internal CoG, using a US$1,575/oz-Au sales price and an Au Recovery of 60%;
Resources are reported using an internal gold cut off grade of of 0.003 oz/st Au for blocks flagged as Argillic altered or as unaltered and a cutoff of 0.004 oz/st Au for blocks flagged as Silicic altered.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
11,426 k tons
|
Gold
|
0.014 oz/ton
|
158.3 koz
|
Probable
|
12,031 k tons
|
Gold
|
0.011 oz/ton
|
132.2 koz
|
Proven & Probable
|
23,457 k tons
|
Gold
|
0.012 oz/ton
|
290.5 koz
|
Measured
|
11,416 k tons
|
Gold
|
0.015 oz/ton
|
175 koz
|
Indicated
|
19,714 k tons
|
Gold
|
0.013 oz/ton
|
252 koz
|
Measured & Indicated
|
31,130 k tons
|
Gold
|
0.014 oz/ton
|
427 koz
|
Inferred
|
3,726 k tons
|
Gold
|
0.016 oz/ton
|
61 koz
|
Corporate Filings & Presentations:
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