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By Michael B. Cortie

Mesoporous gold sponge has the unique property of being both metallic and highly resistant to oxidation. It has potential application in catalysis, in bio-sensors, in optical coatings, in analytical chemistry and, as we show here, as the basis for a new kind of ultra-capacitor. Due to the cost of gold, the most probable niche for a gold-based ultra-capacitor would be in the high-power/high-energy regime, a region where gold would compete with devices based on RuO2. A high internal resistance limits the power that can be usefully drawn from existing carbon-based ultra-capacitors, and that this problem can potentially be overcome by gold-based devices. A simple proof-of-concept ultra-capacitor based on mesoporous gold is described and its behaviour during charge and discharge cycles examined. In this work a step change in the input or output voltage of the device was used as the controlling parameter. There was also a residual faradaic current resulting from traces of undissolved aluminium left over from the AuAl2 precursor used to make the sponge, and some charge storage due to polarization of the solution. Deconvolution of these three effects was not entirely accomplished, but an ostensible capacitance of about 7 to 14 mF/g Au was demonstrated. Further improvement from these early results seems likely.

Oct 1, 2003

By John D. Godfrey

Geological mapping on the Canadian Shield in northeastern Alberta outlined severalgranitoid rock massespotentially suitable as building stone. A particularly attractive prospect, the Chipewyan Red Granite, was subjected to an aerial survey and ground check. The petrologic and fracture characteristics critical for quarrying and use as a building stone were assessed in the course of detailed mapping at two of the most favourable sites. The extension of good rock was tested to shallow depths at one site by shallow diamond-drill coring. , The Chipewyan Red Granite displays a warm red colour, medium grain size and fairly massive texture, and takes a good polish. Deleterious geologic features studied in outcrop and subjected to structural analysis included regular joint systems, quartz veins, pegmatite dykes, basic shear zones and fault zones. Many of these key geologic features are systematic and hence predictable for stone quarrying purposes; other features, such as irregular fracelM tures, are non-systematic and arefar less predictable. The megascopic structural features studied show similar preferred orientations which appear to be collectively related to the tectonic history.

Jan 1, 1979

By John D. Campbell

"IS YOUR MANAGEMENT CONTROLLOOP FUNCTIONINGMineral processors make use of hundreds of control circuits in their mills, process plants, smelters and refineries, to optimize throughput and recovery and minimize cost. This afternoon, I would like to discuss what is probably the weakest circuit in any mineral processing operation - the management control loop.In their recent book ""The Winning Streak"", Goldsmith and Clutter describe extensive research on unsuccessful companies. They conclude that ineffective control, which does not immediately identify the problems, is one of the main failings of unsuccessful companies.We will look at the three key components of control which, from the manager's point of view, ensure that the loop is complete. These three are:• measuring what's happening,• assessing its significance, Rnd• altering performance.If we compare management control to process control as shown in this first figure, ""We see that parameter sensing by the analyzer in a process circuit is analogous to performance monitoring by management in a responsibility centre. The analyzer senses temperature, pressure, flow, weight or some surrogate indicator such as colour to indicate ion concentration. For manage1nent, the performance to rnonitor is dependent upon the objectives of the responsibility centre, and the key factors which affect these objectives."

Jan 1, 1985

By J. E. Sepulveda, R. Morrow

"In full scale mineral grinding operations, the steel balls normally utilized as auxiliary grinding media get to be consumed at different specific rates, as determined by 3 basic mechanisms: abrasion/corrosion (wear), impact ball breakage and impact surface spalling, the latter relating to the removal of rather small pieces of steel coming off the exposed surface of the balls due to repetitive impact with other balls in the charge or the surrounding mill liners. In conventional ball milling applications, the clearly predominant mechanism is gradual wear by abrasion/corrosion. In the case of SAG mills, where the make-up balls may be as large as 6”f diameter, breakage and spalling mechanisms are significant contributors to total ball consumption, although not to the extent of overriding wear mechanisms.Ball wear has been well characterized by the Linear Wear Theory, as presented at the last CMP 2014. Impact breakage has been customarily monitored, at the ball manufacturing site, via Drop Ball Tests (DBT) consisting of repeatedly dropping balls from a standard height and accounting for the number of broken balls and the weight loss (spalling) of the remaining unbroken balls. When properly conducted, DBT’s should provide meaningful indications of the breakage and spalling resistance of large diameter balls. The current publication is focused on the interpretation and projection of DBT results to full industrial scale, taking into account all 3 mechanisms of grinding media consumption in SAG mills.INTRODUCTIONA thorough, quantitative understanding of the independent contribution of all active grinding media consumption mechanisms is of the highest practical relevance, particularly in semiautogenous (SAG) milling operations where ball breakage and spalling can not be ignored or neglected, as it has been normally acceptable for conventional ball milling processes. The high severity impact conditions currently imposed in typical SAG mill environments create serious challenges to the manufacturers and suppliers of large diameter (5”–6”) SAG balls, whose products must be capable of surviving such harsh operational conditions with minimum breakage or spalling."

Jan 1, 2015

By M. P. Amsden

"Ecstall Mining Limited, a subsidiary of Texas Gulf Incorporated operates the Kidd Creek Mine, a 10,000 tons per day base metal producer, near Timmins, Ontario. Two different ore types are mined and milled: copper-zinc and silver-lead-zinc. At the highly automated Ecstall Concentrator the ores are processed by selective flotation in threes individual circuits. One of the most important metallurgical tools for process control is a sample system incorporating continuous on-stream x-ray analysis. Recently this system was further automated by adding computer control of reagents for two copper-zinc flotation circuits. The computer programs, utilizing optimum seeking methods and smelter contract terms, have increased copper recovery 0.8%, zinc recovery 1.6%, and reduced reagent costs by 12%. Although not anticipated, copper and zinc concentrate grades were improved modestly as well.INTRODUCTIONSEcstall Mining Limited, a wholly owned subsidiary of the Texas Gulf Incorporated operates the Kidd Creek Mine, one of the world's major base metal producers, near the old gold mining centre of Timmins, Ontario. Discovered in 1964, the property was brought into production in November, 1966. Originally designed for 9,000 tons per day, the operation now treats 10,000 tons per day of two different ore types mined from a single open pit. In the near future, open pit ore will be supplemented by ore from an underground operation now being readied for productionAt the Ecstall Concentrator the ores are processed by selective flotation in three individual circuits. The whole plant is highly automated and control is coordinated from a central control room. The treatment process follows conventional practices although fine grinding is required for optimum flotation recoveries. Normally, two circuits treat copper-zinc ore at a combined rate of 6,500 tons per day while the third circuit treats 3,500 tons per day of silver-lead-zinc ore. Special production averages 2,400 tons per day."

Jan 1, 1973

By M. Kinne

Catalyst preparation/ characterization Slightly modified DP (~Schumacher et al. Catal. Lett. 89, 109, 2003) CeO2 HAS 15 from Rhodia calcined in air for~ 2h BET: ~188m2/g, particles size: 5.7nm (TEM, XRD) + HAuCl4 at pH of 6.5-7, (>95% of the Au was deposited) ? Au/CeO2 (2.6wt% Au, ICP-AES) A new conditioning procedure was applied, including heating at low temperature in N2 and H2/N2 mixtures) Patent DE 10205873A1. Very small Au particles <2nm, for CO oxidation catalyst as Au/TiO2, Au/Fe2O3, and Au/Co2O3 Here Au particles size <3.5nm (XRD) Summary ? CO is nearly exclusively adsorbed on the Au particles ? Positive reaction orders of 0.5 are found for CO and H2O ? Ea= 40kJ/mol ? The catalyst is very active and stable ? During WGS reaction huge amounts of formates are formed and cover the surface ? The activity of the catalyst seems to be correlated with the formate species.

Oct 1, 2003

By James A. Finch, Stéphanie Somot

"The self-heating facility developed at the Noranda Technology Centre [Rosenblum and coworkers, 2001; 1995] has now been established in the Department of Mining, Metals and Materials Engineering at McGill University. A research program into mechanisms has been initiated (with support now from four industrial partners under Camiro). The first investigation is into the role of pyrrhotite (Po), the most commonly suspected mineral to trigger self-heating. Following a standard experimental protocol, self-heating was assessed on samples of Po mixed with sand as an inert material. With increasing Po content, self heating progressively increased but, interestingly, the samples visually appeared less and less oxidized. A high Po content, it was hypothesized, may give a more reducing environment favouring formation of H2S. The presence of this gas could be significant as it has a high exothermic heat of reaction with oxygen. The system was modified to test the hypothesis by including copper pieces and copper sulphate to react with (and therefore reveal) the gas as copper sulphide. Evidence is presented in support of H2S production, which to our knowledge has not been shown before and introduces a potentially important avenue of investigation into self-heating mechanisms.INTRODUCTIONSelf-heating of sulphide minerals poses potential environmental and safety hazards in mining of ores, and storage and transport of concentrates. While some conditions are known to be critical, the reactions remain poorly understood making self-heating difficult to predict and control.A major advance in measurement was introduced by Rosenblum and co-workers [Rosenblum et al., 2001; Rosenblum and Spira 1995]. A self-heating assessment method was developed and applied to various sulphide-bearing materials The method is based upon automated calorimetric cells with data acquisition, now available to McGill researchers and which have been used for the study reported here."

Jan 1, 2006

By W. J. Dick, K. G. Kress

A pipeline syphon can be a simple and reliable alternative for water conveyance as compared to otherwise more complex pumping systems or low-level outlet conduits through earthfill dams. In a simple form, it consists of a pipeline constructed over the top of a dam or other high topographic feature, connecting a source pond to a receiving pond or channel (Fig. 1). The syphon action is initiated by removing air from the pipeline (priming) using water pumps, vacuum trucks, or simple devices that can be purchased “off-the-shelf.” Once primed, the syphon flow rate can be controlled or stopped using conventional gate, valve, orifice plate, or other devices. Repriming is not required even if the flow is stopped, provided the syphon was not drained. A limiting factor in considering a pipeline syphon as a design option is the maximum lift (i.e. vertical distance from source pond water level to summit of pipeline syphon) which is approximately 9 m or less, depending on pipeline syphon features and site conditions. A pipeline syphon can be quickly constructed from readily available materials including steel, concrete, polyethylene, or PVC pipe. It is particularly well suited to many of the unique conditions often encountered at mine sites. This paper identifies situations that can sometimes be best resolved using a pipeline syphon. It provides basic principles for pipeline syphon design and includes case histories of their successful application.

Jan 1, 2005

By G. A. Mallory

"The South Bay Division of Selco Mining is located fifty-four miles northeast of Ear Falls Ontario on Confederation Lake. The concentrator operates five days a week and processes six hundred tons per day of copper zinc silver sulphide ore. The concentrator is comprised of crushing, grinding, differential flotation, thickening and drying circuits. The major constituents of the concentrator feed are: chalcopyrite 7%, sphalerite 20%, pyrrhotite 3%, pyrite 25 - 30% and felsitic volcanics 40 - 50%. The mine went into production in March 1971 with an anticipated three year life and is now scheduled for closure in the summer of 1981. Recent mine production has been limited to three cut and fill stopes which have widely varying ore grades, therefore mill feeds vary from 0.25 to 4% copper, 3.5 to 27% zinc, 0 to 0.4% lead and 15 to 30% iron.In mid 1977 Selco negotiated a six month rental purchase agreement with Outokumpu Instruments Canada Limited for a five stream analyser system. The Minexan 202 probes were the first Outokumpu probe type analysers installed in Canada although Outokumpus' Courier systems are well known. Installation of the system took place in April 1978 and after numerous hardware faults the six month evaluation began in August. By December it was obvious that the Minexan 202 probes with proportional detectors did not have adequate resolution to determine low copper values in either of the tailings streams. Outokumpu offered to replace the tailings analysers with a new prototype solid state detector probe the following summer. The evaluation on the five Minexan 202 probes continued until August 1979 when the new solid probe was installed. The Minexan S (solid state) probe was evaluated with the three remaining Minexan 202 probes until December 1979 when Selco elected to purchase the system."

Jan 1, 1981

By G. Taylor

"The Iron Ore Company Of Canada's Carol Project is located in Labrador City, Newfoundland. Labrador City is some 912 air kilometers northeast of Montreal, and 417 ratl kilometers north of Sept-Iles, Quebec.Over 2,800 employees work at the Carol Project to produce some 20.0 million tonnes of concentrate and 10.5 million tonnes of pellets annually.In 1979 our Training Department started to develop the DACUM System of training for our Concentrator Operations Department.DACUM is an individualized, self-learning, training program. It is both a curriculum plan and an evaluation instrument.To date, the DACUM System has been completed for all occupations in the concentrator and work will commence shortly to develop DACUM for our Pellet Plant and Mine Operations Departments."

Jan 1, 1982

By Eric Bain Wasmund, Lance Christodoulou, Julio Jairo Carmona Franco, María Fernanda Castillo, Jose Concha

"A number of technologies are in practice for selectively removing coarse gold from conventional grinding circuits. These circuits are often designed so that the grinding mill output is size classified, with large (or high density) particles being removed before the tails are returned to the mill. Because of the high relative SG of gold, and the fact that some forms of gold such as free gold do not break apart during conventional grinding, coarse gold can accumulate in the circulating load, and eventually be lost.Eriez has developed a flotation cell that uses fluidized water to enhance flotation of coarse particles. More than 40 units have been sold in industrial minerals, and we are now exploring applications for the HydroFloat® in the gold industry.Mineros S.A currently produces approximately 120,000 oz of gold per year by gravity concentrating alluvial gold ore with a mean particle size of 330 microns, followed by further concentration using a Falcon separator. A 400 mm diameter pilot-scale HydroFloat® was added to the tails of the Falcon to test whether additional gold could be captured. Enrichments of 50-600 times and recoveries normally in excess of 95% were achieved. This allowed direct smelting of the gold concentrate. Metallurgical results and operating parameters such as water addition and power will be discussed during the presentation.This result opens the possibility that the HydroFloat® could be used directly in the grinding circuit, for removing coarse gold in the circulating load. This work also shows the possibility that the HydroFloat® can produce a throwaway tail, which will reduce the size of the circulating load stream and the grinding requirements of the circuit."

Jan 1, 2015

By J. Yue

"Mount Milligan mine is located in northern British Columbia. The concentrator employs conventional SABC grinding circuit with bulk sulphide flotation processes. Commissioning started in September of 2013 and nameplate production of 60,000 TPD was reached in the fourth quarter of 2015. As is typical with many mill ramp ups, bottlenecks developed as throughput increased. Since then, plant modifications and new control philosophies in the comminution and flotation circuits have been implemented and evaluated. The mine-to-mill collaboration played a key role in reaching target throughput rates by improving blast fragmentation and implementing temporary pre-crushing. Results of the projects as well as ongoing challenges/bottlenecks and solutions will be discussed.IntroductionMount Milligan Mine is a copper-gold producer located approximately 253 km northwest of Prince George in British Columbia. Production commenced in September 2013 and reached nameplate capacity of 60,000 TPD in December 2015. Average head grades for the mine life average 0.18% Cu and 0.39 g/t Au.Circuit DesignOriginal process design began with run-of-mine ore from the pit crushed through a 60-110 gyratory crusher, conveyed to a live ore stockpile and fed to the mill via four variable apron feeders. The concentrator circuit employs SAG mill - Ball mill - Pebble Crusher (SABC) grinding configuration to grind the ore down to a target P80 of ~200µm. It is then fed to two parallel trains of flotation tanks, each consisting of five 200 m3 tank cells with the first two being roughers and last three being scavengers. Concentrate streams from roughers and scavengers are separately reground with a closed circuit Tower mill and two open circuit ISA mills operating in parallel, respectively.Three stages of cleaners upgrade roughers/scavenger products to 25% Cu followed by a cleaner scavenger stage. The final concentrate is then thickened and filtered to approximately 9% moisture and shipped off site (Figure 1)."

Jan 1, 2017

By Kimiz Dalkir

Some things to keep in mind? ! What is your role in knowledge management? ! What knowledge-related challenges are you facing today? ! How does important knowledge get shared in your organization? ! Can you name factors that enable/block innovation and organizational learning in your work context? A brief history of KM? ! Top-down / imposed ! Rigid / bureaucratic ! Slow deployments ! Expensive ! Unpopular: empty libraries, info-junkyards, low adoption rates ! Problems measuring success ! The result: traditional KM is not the answer

May 1, 2003

By Martin Nevens

"In 1998, the Iron Ore Company of Canada initiated an aggressive program to improve the performance of its Carol Lake Concentrator located in Labrador City, Newfoundland. This program was termed the Concentrator Upgrade Program. The Concentrator Upgrade Program was a group of initiatives developed with the common goal of improving the overall process and operations of the IOCC Carol Lake Concentrator. The main goal of the program was to increase the annual production capacity of the concentrator from 18.0 million tomes to 21.6 million tomes. This gain in capacity was to be done mainly through improvements in process iron recovery. The target iron recovery value was 80+% versus a historical value of 70%. This improvement in iron recovery would translate to a natural weight recovery improvement from 44% to 50%.The Concentrator Upgrade Program provided the first opportunity in 30 years to make fimdamental changes to the concentrator flowsheet. To accomplish this, several pilot plants were built to evaluate new circuits. AAer 2 years, a new flowsheet was selected for the primary gravity separation circuit and the magnetite circuit. The centrepiece of the new flowsheet was the introduction of Hindered Settling Separators to the metallurgical process.The Concentrator Upgrade Program has since proceeded into detailed engineering and, as of February 2001, construction. The first one of IOCC’s 3 primary AG Mills (Mill 11) has been converted to the new flowsheet at the time of writing and is in the throes of commissioning. This paper will review the flowsheet development program in the pilot plant for the gravity separation circuit and examine the overall benefits to the operation of the IOCC Carol Lake Concentrator."

Jan 1, 2002

By Goutam H. Shahani

Today, the mining and mineral sectors are being impacted by highly fluctuating supply ? demand, extreme price volatility and tremendous market uncertainty on a world-wide basis. This pattern is expected to continue for the foreseeable future. In particular, large consumers of tonnage quantities of industrial gases (oxygen, nitrogen) all have to make informed investment decisions in this uncertain economic environment. Plant owners ? operators need to carefully examine their current and future industrial gas needs in order to develop the most cost-effective industrial gas plant configuration. This can be done by partnering with an experienced engineering company that offers a complete technology portfolio for producing industrial gases. Ideally, the mineral and engineering companies have to work together as a single team to identify the most efficient and economic plant design. This includes an in-depth assessment of capital and operating costs, in order to deliver an optimal solution, taking plant reliability and process safety into account. It is important to consider all the industrial gas needs at a given manufacturing complex, in conjunction with available utilities and infrastructure to develop the best possible long term solution. Oxygen (O2) requirements include: oxygen enriched and oxy-fuel combustion, smelting and hydrometallurgical operations. Nitrogen (N2) is used for annealing. All of these industrial gas requirements have to be examined at a given site over a long term horizon in a holistic manner. Cryogenic air separation was first practiced at a commercial scale in 1902. Since then, the technology has been constantly refined to reduce cost; and improve reliability and flexibility. Today, using advanced engineering techniques, including proprietary process simulation, and modern fabrication techniques, it is possible to build air separation plants that are both low cost and high quality at the same time. It is important to work with an engineering company that owns a complete portfolio of industrial gas technologies, functional engineering capabilities and a variety of plant solutions. Such a partnership can quickly identify a ?sweet spot? for a given situation. By drawing on experience gained from hundreds of projects, it is possible to quickly optimize a given requirement. In situations where a customer wants a complete solution it may be appropriate to provide an air separation plant on a turn-key basis. This will enable the mining and mineral processor to focus on their core business. By using global procurement and construction capabilities it is possible reduce cost and improve project execution, thereby making industrial gas plant procurement simpler and cheaper for the mining and mineral sector.

Nov 1, 2011

By O. Rabeau, M. Legault, A. Cheilletz, L. Z. Cheng, J. J. Royer, M. Jébrak

"By compiling geological, structural, geophysical, and geochemical information into a 3D geological model, we evaluated the orogenic gold potential in the vicinity of a hidden segment of an important Archean fault zone, the Cadillac-Larder Lake fault (CLLF) in the region of Rouyn-Noranda. The segment of CLLF in the present study is partly covered by Proterozoic sedimentary rocks. Because more than 2000 t Au have been extracted along the CLLF to date, our objective is to evaluate the gold potential at depth along a poorly known segment of this fault. A 3D geological model (50 km × 9 km × 1.5 km) including the covered segment was built through the compilation and homogenization of available geological data and the construction of 23 cross sections. The geology under the Proterozoic cover was evaluated using geophysical inversions, drill holes (42 in total), and surrounding geology. All available assays were filtered and upscaled to a 250 m × 250 m × 250 m regular cell grid to determine and quantify spatial relationships between geological features and mineralized occurrences using the weights of evidence method. Structural features, such as E-W-trending faults and fault intersections, and certain lithologies with a high primary porosity such as volcanoclastic rocks of the Blake River Group and Timiskaming sedimentary rocks, proved to be very prospective, yielding favourable factors with a weight of evidence index W+ > 0.24. These salient features were then assigned a combination index for ultimately evaluating the orogenic gold potential under the sedimentary cover. The zones resulting in an optimization of exploration targeting were attributed the highest probability, representing ~1% of the initial volume. La compilation des données géologiques, géophysiques, structurales, et géochimiques et leur intégration au sein d’un modèle géologique 3D a permis d’évaluer le potentiel aurifère dans les environs d’une importante zone de faille archéenne sous couverture protérozoïque. Cette méthodologie a été développée en utilisant le cas de la Faille Cadillac-Larder Lake (FCLL) dans la région de Rouyn-Noranda. Puisque plus de 2000 t d’Or ont été extrait à proximité de la FCLL, l’objectifs des travaux est l’évaluation du potentiel aurifère en profondeur de ce segment. Un modèle géologique 3D (50 km × 9 km × 1.5 km) incluant le segment sous couverture de la FCLL a été construit en utilisant l’ensemble des données géologiques disponibles et 23 coupes géologiques. La géologie du socle archéen sous la couverture protérozoïque a été interprétée avec des inversions géophysiques, des forages (42 au total) et les contacts géologiques exposés. Les teneurs aurifères dans le secteur ont été filtrées et ajusté à une grille régulière de 250 m × 250 m × 250 m afin d’évaluer et de quantifier les relations spatiales existantes entre certaines entités géologiques et les emplacements minéralisés en utilisant la méthode du poids de la preuve. Les failles de direction Est-Ouest, les intersections de failles ainsi que certaines lithologies possédant une porosité primaire importantes comme les certains tuf du Groupe de Blake River et les sédiments du Timiskaming se sont montrés très prospectifs avec des valeurs de W+ > 0.24. Ces entités géologiques ont ensuite été utilisées par le biais d’un indice de combinaison pour évaluer le potentiel en or de type orogénique sous le couvert sédimentaire. Cette méthodologie permet une optimisation des campagnes d’exploration puisque les zones pour lesquelles la probabilité de minéralisations a été évaluée à la plus haute valeur représentent 1% du volume initial."

Jan 1, 2009

By T. B. Williams

A SEARCH of the records indicates that evidences of accumulations of petroleum and natural gas within the boundaries of British Columbia were discovered at approximately the same time as were those of Alberta. They probably would have been developed as soon bad it not been for the fact that they are in such uninhabited parts of the Province. Even today, the seeps of the Flathead area, and the later discovered extensive seeps of the Peace River area, have been seen by very few people. From the geological evidence, there is reason for believing that British Columbia soon will be a petroleum producing Province. Fifty-eight operators, both companies and individuals, are now backing the money and the effort which they have invested with us, for the most part within the last three years, in a belief that this is so. The promulgation of the Petroleum and Natural Gas Act in 1947 marked the beginning of a new phase with regard to the exploration and the development of our petroleum and natural gas resources. Since August 15th, 1947, the date on which the Act came into force, the area under exploration bas increased from a few thousand acres, held by lease under the Goal and Petroleum Act, 1986, to 10,460,115 acres, including all active permits, licences, and leases. In addition there are 192,720 acres under application, bringing the total under issue and application to 10,652,835 acres. The total area is comprised of 105 permits, 20 licences, and 26 leases under the 1986 Act. The permits and licences, which ?represent active exploration and development, are held by a total of 82 companies and 26 individuals.

Jan 1, 1951

By Lawrence Devon Smith

"What is Due Diligence?Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith ... and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith upon financial statements of the corporation represented … by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.” (OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies"

Jan 1, 1997

By Lawrence Devon Smith

"Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith up on financial statements of the corporation represented by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.”(OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies."

Jan 1, 1996

By G. R. Dunning, M. R. Wilson

"Abstract - The early Paleozoic accretionary tectonic regime that was established along the Laurentian margin of the Newfoundland Appalachians provided a favorable setting for shear-hosted gold mineralization along a major terrane suture, the Baie Verte-Brompton Line. The Stog’er Tight prospect is one of several mesothermal-style gold occurrences hosted by shear zones within accreted ophiolites and oceanic arc terranes on the Baie Verte Peninsula. It is an epigenetic, stratabound deposit that is confined to shallow-level gabbro sills within the volcanic cover sequence of the allochthonous Point Rousse ophiolite complex. Gold mineralization at Stog’er Tight is associated with hydrothermal mineral assemblages represented by chlorite-calcite, sericite-ankerite, red albitepyrite (±Au) and chlorite-magnetite alteration zones. Gold occurs with pyrite within the intensely altered gabbro, along the margins of syn- to late-shear, quartz-rich, replacement veins.The Stog’er Tight gabbro served as a rigid body conducive to shear deformation and fluid penetration, whereas, its high Fe-Ti oxide content induced fluid oxidation and gold-pyrite precipitation. Hydrothermal alteration involved progressive CO2, S, Na, and LILE metasomatism, along with significant enrichments in the REE, HFSE, and Th in the high-grade ore zone. Temperatures of vein formation and alteration are constrained by oxygen isotope thermometry to be between 250°C and 480°C. Isotopic compositions of vein quartz from the Stog’er Tight prospect are uniform (??O = +12.5 ± 1‰) and fall within the range cited for many shear-hosted, auriferous quartz veins.A U-Pb zircon igneous age of 483 +3/-2 Ma for the Stog’er Tight gabbro is consistent with its stratigraphic correlation with other Ordovician ophiolitic and volcanic arc/back-arc assemblages in Newfoundland. The U-Pb age of a rare variety of hydrothermal zircon recovered from the high-grade ore zone directly constrains the timing of gold mineralization to 420 ±5 Ma, in accord with a major orogenic episode of Silurian age that produced many of the magmatic and metamorphic rock suites in north-central Newfoundland. Our results are consistent with a post-peak metamorphic, late-magmatic model for gold mineralization that occurred during the waning stages of Silurian orogenesis, driven by emplacement of I-type granitoid intrusions into the crust."

Jan 1, 2000