Mining Intelligence and News
Canada

Victoria Project

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Overview

Mine TypeUnderground
StageConstruction
Commodities
  • Copper
  • Nickel
  • Gold
  • Silver
  • Cobalt
  • Platinum
  • Palladium
Mining Method
  • Mechanized Cut & Fill
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Mine Life... Lock
SnapshotVictoria project is construction of an underground copper and nickel mine.

The development scenario for the project calls for the sinking of two shafts to access the deposit (a production shaft and a ventilation shaft).

In 2023, work continued on project terrain connected with preparing selected elements of the infrastructure for further development of the project.

The construction of a shaft headframe, the lifting machinery shaft tower system, the social facilities buildings and the water treatment station were completed, and the sinking of the exploration shaft began as part of the so-called Advanced Exploration phase, aimed at specifying the level of assessment of mineral resources. Surface work is also carried out, associated, among others, with earthworks and the construction of workshop and warehouse facilities. Engineering work also continued, as well as actions related to cooperation with key stakeholders in the project.

Owners

SourceSource
CompanyInterestOwnership
KGHM Polska Miedz S.A. 100 % Indirect

Deposit type

  • Footwall hosted
  • VMS

Summary:

The Victoria property is situated at the junction of the SIC and the Worthington quartz diorite Offset Dyke, approximately 6.5 km northeast of Totten property. Other mineralized locations are known along the Worthington Offset between the Victoria property and the Totten Deposit. Two of these, the adjacent McIntyre deposit and the AER/Kidd Copper property, located 3 km further southwest from the Victoria property, were the objects of small mining operations.

Within the property, both the footwall contact of the SIC and the Worthington Offset Dyke dip steeply. Both intrude sheared and metamorphosed mafic volcanic and sedimentary rocks of the Stobie Formation. Zones of Sudbury Breccia occur throughout the property as discontinuous lenses. Late quartz diabase and olivine diabase dykes cross-cut all lithologies. Two dominant structural shear directions, one set trending northwest-southeast and the other trending northeast- southwest, have been defined and these control the distribution of mineralization on the property.

The Cu-Ni-PGM sulphide mineralization at the Victoria property is characterized by a complex assemblage of irregular lenses of chalcopyrite, pentlandite and pyrrhotite. The lenses dip and plunge steeply and are typically pipe-like.. The complex structural features of the property have caused remobilization of the sulphides and control the lateral extent and dimensions of the mineralization.

Targets.
Numerous zones of Cu-Ni-PGM mineralization are present on the Victoria property and four of these, the No. 4 Zone; West Zone; No. 1 West and No. 2 West Zones, have been mined. In addition to the above, there are several other known mineralized zones on the property which have not been the focus of historical production. These include the Far West Zone, the East Zone, the Dyke Zone, and the newly discovered Powerline Zone.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnitsAvg. Annual
Copper kt 17
Nickel kt 14
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics
Daily ore mining rate 3,500 t *
Daily mining capacity 5,500 t *
* According to 2019 study.

Production Costs

Commodity production costs have not been reported.

Project Costs

MetricsUnitsLOM Total
Total CapEx $M USD  ......  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Sep 4, 2024

EmployeesYear
...... Subscription required 2019

Aerial view:

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