Overview
Status | Closing / Closed |
Mine Type | Underground |
Commodities |
|
Mining Method |
- Alimak
- Longitudinal stoping
|
The Company suspended production at Lac Herbin during the third quarter of 2016, and therefore, no revenues were earned during Q4 2016, 2017 and 2018. |
Source:
April 07, 2021 -- Eldorado Gold Corporation (TSX: ELD; NYSE: EGO) (“Eldorado” or “the Company”) and QMX Gold Corporation (TSX-V: QMX) (“QMX”) are pleased to announce the successful acquisition by Eldorado of all of the outstanding common shares (the “QMX Shares”) in the capital of QMX not already owned by Eldorado, by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the “Arrangement”). The Arrangement became effective at 12:01 a.m. (Eastern Time) on April 7, 2021 (the “Effective Time”) resulting in QMX becoming a wholly-owned subsidiary of Eldorado.
Contractors
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Summary:
The Lac Herbin deposit is a narrow veins deposit type. The mineralization is contained within 12 shear zones.
A total of 12 shear zones are observed at the Lac Herbin mine, namely LH (Lac Herbin), WE, S1, S2, S3, S4, HW, HW2, HW2 Br, HW6, Bonanza (BZ), FL and several very localized flat veins.
Many of these shear zones contain quartz tourmaline veins, sometimes mineralized with pyrite, chalcopyrite and gold, and locally faulted. The dyke-controlled auriferous shear zones are recording a north-south shortening. The ore shoots generally plunges west but locally the plunge is controlled by intersection between two shear zones. Alterations associated with shear zones are variable. Hematization is strong and often observed in S1, S3 and LH structures. Widespread carbonatization occurs in shears. Chloritization or sericitization is present in shear when a mafic dyke or a felsic dyke is associated with the shear. A blurred texture marked by the disappearance of feldspar in favour of silica and chlorite is common at the Lac Herbin deposit. At the Lac Herbin deposit, correlation between blurred diorite and sub horizontal quartz tourmaline veins is observed on cross section; but becomes less obvious for vertical shears. The economic mineralization occurs in lenses where sulphides are present and there appears to be a strong relation between pyrite content and gold values. Also, coarse-grained pyrite is particularly associated with high gold values.
Mining Methods
- Alimak
- Longitudinal stoping
Summary:
The longitudinal long hole mining method and a variance of it, called “Selective Short Hole” (SSH), will be mostly used to mine the reserves. The classification of the rock mass is adequate and with limited stope dimensions, good mining practice, these mining methods can be productive with a minimised percentage of dilution.
Generally, the mining blocks will be of a maximum dimension of 60 m in length and 60 m in height. The principal access, located at the base of these blocks, will be developed from the main ramp. In certain cases, a secondary ramp will be excavated to reach mineralized zones. These 3.6 m X 3.8 m drifts are excavated with mechanized equipments. These drifts are also for ore and waste transportation between the zones and the main ramp. Thereafter, the ore charged in trucks and hauled to surface.
Either conventional or Alimak raise are driven from the main access to give access to the sub levels. The lateral ore development (sub levels) will generally proceed on both side of the vein to the limits of the mineralization. Most of lateral development will be accomplished by conventional method. Conventional rock support will be installed in various developments.
Production drilling will be performed by long hole drills mounted on a 4 wheel autonomous carrier. The diameter of drilling will be 2.5 inches and length of hole limited to 15 m. Typical performance for that type of drill is about 75 m per shift. The same equipment will ........

Source:
Summary:

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Production:
Commodity | Units | 2016 | 2015 | 2014 | 2013 |
Gold
|
oz
| 2,293 | 6,897 | 20,503 | 22,225 |
Operational Metrics:
Metrics | 2015 | 2014 | 2013 |
Ore tonnes mined
| 51,773 t | 224,963 t | 179,212 t |
Tonnes milled
| 69,700 t | 209,758 t | 173,727 t |
Reserves at March 2, 2015:
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
43,000 t
|
Gold
|
7.45 g/t
|
10,300 oz
|
Probable
|
96,000 t
|
Gold
|
6.45 g/t
|
19,900 oz
|
Proven & Probable
|
138,000 t
|
Gold
|
6.81 g/t
|
30,200 oz
|
Measured
|
67,000 t
|
Gold
|
9.2 g/t
|
19,900 oz
|
Indicated
|
117,600 t
|
Gold
|
7.6 g/t
|
28,800 oz
|
Inferred
|
283,500 t
|
Gold
|
7.4 g/t
|
67,300 oz
|
Commodity Production Costs:
| Commodity | Units | 2015 |
Cash costs (sold)
|
Gold
|
CAD
|
1,247 / oz
|
Financials:
| Units | 2016 |
Revenue
|
M CAD
|
3.8
|
Operating Income
|
M CAD
|
|
After-tax Income
|
M CAD
|
|
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Corporate Filings & Presentations:
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