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Canada

Akasaba West Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Gold
  • Copper
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotThe Akasaba West property is located approximately 30 kilometres from Goldex.

The Akasaba West project remains on schedule and budget with work on upgrading the Goldex mill that is used to process the Akasaba West ore completed in the fourth quarter of 2023. The first ore from the project was processed in November 2023.

Commercial production from the Akasaba West property is expected to be achieved in the first quarter of 2024.
Related AssetGoldex

Owners

SourceSource
CompanyInterestOwnership
Agnico Eagle Mines Ltd. 100 % Indirect
The Agnico Eagle acquired the Akasaba West gold-copper deposit in January 2014.

Deposit type

  • Hydrothermal
  • Breccia pipe / Stockwork
  • Vein / narrow vein

Summary:

The mineralization zone on the Akasaba West property consists of a low-grade mineralized envelope characterized by the widespread presence of finely disseminated chalcopyrite; the mineralization is primarily contained within the quartz diorite unit.

The gold was thought to be associated with stratiformed disseminated to semi-massive lenses of pyrrhotite-chalcopyrite hosted in mafic lapilli tuffs and brecciated basalt altered with epidote- hornblend-actinolite related to contact metamorphism. The genesis of the deposit remains very controversial. Two master thesis present two different hypothesis. One of those masters (Lev Vorobiev, 1998) supports the hypothesis that the mineralization is emplaced during skarn development whereas the other the (Jeanne Lebel, 1987) was in favor a VMS genesis hypothesis. It is possible that the actual Akasaba deposit characteristics and geometry is a result of an overprinting of several gold mineralization events (hydrothermal, orogenic and skarn).

Goldex is a large, relatively low-grade orebody defined by the intensity of stockwork veins and gold grades rather than by individual veins. Most of the gold occurs as microscopic particles associated with pyrite, while the rest occurs as coarse native gold grains. There are several zones of gold mineralization with isolated ore-grade intercepts over mineable widths on the property, and all of them except the South Zone are hosted by the Goldex Granodiorite.

The satellite Akasaba West property located 30 km from Goldex hosts a low-grade, gold-mineralized envelope characterized by the widespread presence of finely disseminated chalcopyrite; the mineralization is primarily contained within the quartz diorite unit.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits2024
Gold oz  ....  Subscribe
Copper t  ....  Subscribe
All production numbers are expressed as payable metal. ^ Guidance / Forecast.

Production Costs

Commodity production costs have not been reported.

Financials

Units2023
Capital expenditures M USD  ....  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Apr 1, 2024
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EmployeesYear
...... Subscription required 2022

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