Canzinco Ltd. - Nanisivik Mine

"HistoryThe Nanisivik mine began operation in October 1976 as the world's most northerly metal mine and the first permanent industrial project in the Canadian High Arctic. Located 700 km north of the Arctic Circle on Baffin Island's Strathcona Sound, exploration by Texasgulf Inc. between 1957 and 1970 had outlined the ore deposit. In 1974, Nanisivik Mines Ltd. was formed with Mineral Resources International, the Government of Canada, Metallgesellschaft and Billiton being shareholders, and Strathcona Mineral Services Ltd. providing project management. In 1996, Breakwater Resources purchased the mine from Alberta Energy Corporation Limited which had recently acquired the assets of then owners Conwest Exploration Ltd.Ore DepositThe main ore deposit is very flat, approximately 80 m in width and varying in thickness from 3 m to 16 m. The length of the deposit is approximately 3000 m with satellite zones located on the perimeter of the main zone. The economic mineralization is sphalerite with minor galena and silver. The sphalerite and galena are coarse grained and associated with pyrite as the main gangue component with minor inclusions pf dolomite and calcite within the deposit. The deposit being hosted in a permafi·ost environment creates a number of challenges. Dry drilling is employed in room and pillar production drilling. The permafrost aids in the stability of both the pillars and the back."