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Historic Discovery Along Porcupine Destor Fault

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Message: 43-101 Intepretations section

43-101 Intepretations section

posted on Aug 16, 2008 10:05AM

From the July 8, 2008 43-101... many more holes yet to be assayed.



Interpretation and Conclusions
The Beattie Mine, which operated during the years 1933-1956, produced
10,614,421 tons grading 0.126 oz.Au/ton. Due to the collapse of pillars in the Glory
Hole, the shortage of labour and supplies together with increasing costs and a fixed
gold price, the mine struggled to stay open over the last half of its life.
Many of the mine records, plans and sections were lost or destroyed over the
years and the latest longitudinal found was for January 1, 1954, showing reserve blocks
at the time. As production was almost twice as much as reserves over the last two
years and four months of the mine’s life, it is assumed that most, if not all, of these
reserves were mined out. At the time of the pillar collapse, it was estimated that
450,000 tons of broken ore remained in the Glory Hole. Records show that 129,000
tons were drawn from this area during the years 1952 - 1956. If future exploration
proves to be successful and the underground workings are de-watered and
rehabilitated, examination of the Glory Hole area would be warranted.
Exploration since 1987, largely in the form of diamond drilling, has been successful
in delineating or partially delineating a number of areas of mineralization. Some of these
areas are direct extensions of known zones while others are virtually new. While further
definition drilling is required, a resource inventory has been estimated for these
near-surface zones, as well as known areas underground, largely beneath the 9th level.
The resource inventory of all categories is as follows:
near surface blocks: 1,057,500 tonnes averaging 3.99 g.Au/t - measured and indicated
1,216,900 tonnes averaging 3.63 g.Au/t - inferred
underground blocks: 479,500 tonnes averaging 3.70 g.Au/t - measured and indicated
400,700 tonnes averaging 3.77 g.Au/t - inferred
In addition, there are 9,629,244 tonnes grading 0.92 g.Au/t with an 84.7%
recoverability from the large tailings area.

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