The Eldorado Operation at Great Bear Lake

Canadian Institute of Mining, Metallurgy and Petroleum
The Staff
Organization:
Canadian Institute of Mining, Metallurgy and Petroleum
Pages:
16
File Size:
5574 KB
Publication Date:
Jan 1, 1938

Abstract

Development of the Eldorado Mine THE pitchblende-silver deposits of Great Bear lake, Northwest Territories, were discovered by Gilbert LaBine in 1930. The property owned by Eldorado Gold Mines, Limited, consists of 53 claims situated, for the most part, on LaBine point, on the northeast shore of the lake. The Company also holds a group of 10 claims on Dowdell point, 7 miles to the southeast of the main group and across Echo bay. The fractures traversing the ridge on LaBine point can be readily seen from the air. Lack of overburden and the scantiness of vegetation leave rock exposures which are visible for miles. The years 1931 and 1932 were spent largely in staking, prospecting, and examination of the outcrops. A small Diesel plant was shipped to the property in 1932 and underground operations were started. Entry was made into the ore-body by means of an adit. A 20-ton mill was completed in the winter of 1933-34, and since then operations have been continuous, except for temporary shut-downs for additions to the mill. TRANSPORTATION The mine is situated 28 miles south of the Arctic Circle and is reached by an air route of 1,140 miles from Edmonton. The water route follows the course of the Mackenzie River system from Waterways, Alberta, the end of steel, and is approximately 1,450 miles in length. Two portages, at Fort Smith and on the Bear river, respectively, are necessitated by the occurrence of fast water. Transportation was one of the major problems to be solved, and Eldorado Gold Mines, Limited, found it necessary to embark upon both water and air freighting on its own account. The Company now operates a Bellanca 'plane with a payload of 4,400 pounds, and a complete water transportation system. The latter was established some years ago by the Northern Transportation Company and it is still operated under that name, but the Company is now a subsidiary of Eldorado. Modern steel boats, oil tankers, and barges were added to the fleet this season. The greater part of the ore shipments are made by water, aircraft being used for this purpose only when occasion demands. Freight rates have been greatly reduced by direct ownership of carriers. For example, water-borne freight is now quoted 'to the mine at $ll0 per ton, as compared with $240 per tan four years ago.
Citation

APA: The Staff  (1938)  The Eldorado Operation at Great Bear Lake

MLA: The Staff The Eldorado Operation at Great Bear Lake. Canadian Institute of Mining, Metallurgy and Petroleum, 1938.

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