Polaris Update

"Cominco's Polaris Mine is an underground lead/zinc operation located on Little Cornwallis Island in the Canadian High Arctic. Polaris is the world's most northerly base metal mine, situated at about latitude 75°N and longitude 97°W (Fig. 1). The closest community is Resolute Bay about 100 km to the southeast.During the construction and development phase Cominco adopted a unique scheme to save time and money. Many facilities including concentrator, powerhouse, shops and warehouse were built on a barge in southern Canada. The barge was towed 4800 km to the site in August 1981. Production at Polaris began in November 1981. The current mining rate is 1 million tonnes per year. The mine employs 250 people with about 190 on site at any time.GeologyThe deposit is a Mississippi Valley type orebody and lies near the top of the Ordovician Thumb Mountain Formation. Ore minerals consist of sphalerite and galena with the gangue being predominantly dolomite with calcite and marcasite. The orebody is situated completely within permafrost, consequently the voids frequently found in the ore are filled with ice. The orebody strikes north-south, dips approximately twenty degrees to the east and takes up an area about 400 m wide by 700 m long. The upper portion of the orebody (60 m to 150 m below surface) lies in an area called the Panhandle Zone. The deeper portion of the orebody known as the Keel Zone extends to 300 m below surface (Fig. 2). The deposit is strongly zoned with a high grade zinc/lead and iron-rich tabular core overlain and underlain by vein, stringer and breccia mineralization. The ore reserves at January 1991 were 14.6 million tonnes at 3.6% Pb, 13.7% Zn, 3.2% Fe, after producing 8 million tonnes at 3.9% Pb and 14.2% Zn since November 1981"