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By K. Turgeon, J. -F. Boulanger, L. Whitty-Léveille, C. Bazin

"Several companies targeting Rare Earth Elements (REE) around the world have completed a Preliminary Economic Assessment showing positive project financial results. Although REE ores may contain high REE value, financing these projects remains difficult in part due to the number of processes required to valorize the elements and the relatively low yield of these processes. Direct ore leaching without the production of a concentrate may reduce the capital and some operating expenditures through process simplification, and increase revenues because of REE recovery improvement.A silicate REE ore is used to test various hypotheses regarding whole ore processing and to develop a simplified flowsheet. An atmospheric leach (200 kg/t H2SO4) of crushed whole-ore containing 0,6% REE, followed by impurity removal and REE precipitation recovers 80% of the REEs in a solution containing REE and Th. The high value contained in most REE deposits makes whole-ore approaches worth considering for most projects, given the losses of valuable species typically associated with the production of a REE mineral concentrate from the ore. INTRODUCTIONRare Earth Elements (REE) find applications in modern and clean technologies, whether civil, industrial or military. With China producing more than 90% of the world’s REE, the embargo imposed by this country in early 2010 increased REE prices for a three year period. With prices having shrunk back many-fold from their peak value, projects put forward during the hike are struggling to secure financing. Owing in part to unconventional processes such as acid-baking and solvent extraction, REE plants are high capital cost and high operating-cost units, and present technological risks (Verbaan et al., 2014)."

Jan 1, 2016

By Lawrence D. Meinert

Most large skarn deposits are zoned in both space and time relative to associated intrusions. Zonation occurs on scales from kilometers to micrometers, and re?ects in?ltrative ?uid ?ow, wall rock reaction, temperature variations, and ?uid mixing. The most spectacular examples of skarn zonationusually occur at the skarn-marble contact, where transitions between monomineralic bands can be knifesharp. Other small-scale examples occur in zoned veins and individual mineral crystals. Although,visually striking and scienti?cally interesting, in mineral exploration these small-scale variations areless useful than deposit- or district-scale zonation. In most skarn systems there is a general zonationpattern of proximal garnet, distal pyroxene, and vesuvianite (or a pyroxenoid such as wollastonite, bustamite, or rhodonite) at the marble front. As well, individual skarn minerals may display systematic color or compositional variations within the larger zonation pattern. Such patterns are reviewed for 14well-studied examples of Cu, W, Sn, Au, and Zn-Pb skarns. In addition, many deposits have endoskarnor other alteration of the associated intrusion, and recrystallization or other subtle changes have occurred in the surrounding wall rocks. Copper skarns, such as Mines Gaspé in Quebec and Big Gos-san in Irian Jaya, have high ratios of garnet:pyroxene and are zoned outward from the intrusion, to gar-net, to pyroxene, to massive-sul?de replacement and vein deposits. Garnets in Cu skarn are Fe-rich and change from dark red-brown near the intrusive contact to paler brown, green, or yellow in distal loca-tions. Pyroxenes in Cu skarns are pale and diopsidic near the intrusion, and become darker and more Fe- and Mn-rich away from the intrusion. Tungsten skarns, such as Salau and Costabonne in France and Pine Creek and Garnet Dike in California, have intermediate ratios of garnet: pyroxene, are more extensive vertically and along strike than perpendicular to the intrusive contact, and have zonation pat-terns commonly complicated by overprinting of metamorphic lithologies. In W skarns, garnet is com-monly subcalcic and the pyroxene is Fe-rich, re?ecting particularly reducing wall rocks or great depth of formation. Tin skarns, such as Dachang in China and Moina in Australia, also can have subcalcicgarnet and Fe-rich pyroxene, but this reduced mineral assemblage typically is due to an association with reduced S-type granites. Tin skarns differ from most other skarn types in having a late greisens stage that may replace earlier Sn-bearing calc-silicate minerals, thus liberating Sn to form cassiterite.Many high-grade Au skarns, such as Hedley in British Columbia and Fortitude in Nevada, have low ratios of garnet: pyroxene and are associated both with reduced plutons and reduced wall rocks. Gold-rich zones occur in Fe-rich, pyroxene-dominant, distal skarn. Zn-Pb skarns, such as the Yeonhwa-Ulchin district in Korea and Groundhog in New Mexico, have low ratios of garnet: pyroxene and generally form distal to associated intrusions. These skarns also are zoned from proximal garnet to distal pyroxene and pyroxenoid (bustamite-rhodonite), with signi?cant zones of massive sul?des within and beyond skarn. Manganese enrichment of most mineral phases, particularly pyroxene, is characteristic of distal zones. Fundamental controls on skarn zonation include temperature, depth of formation, composition and oxidation state of associated plutons and wall rocks, and tectonic setting. Most W skarns form at relatively great depth, 5 km to 20 km, with extensive high-temperature metamorphic and meta-somatic mineral assemblages. In contrast, most other skarn types are relatively shallow, <10 km and mostly <5 km, with limited, lower temperature metamorphic aureoles. Differences in oxidation state correlate well with different skarn zonation patterns, particularly garnet: pyroxene ratios and compositions, and can be used in both classi?cation of and exploration for skarn deposits

Jan 1, 1997

By A. K. Chetin, W. W. Fitkin

"The reservoirs of Mississippian Mi-dale beds and Frobisher beds found in the Weyburn field lie at the north-western termination of a broad productive belt extending 120 miles along the northeastern rim of the Williston basin. These carbonates, and inter-bedded evaporites, originated during cycles of marine transgression and regression, and were deposited as rock types characteristic of shoal, lagoon, and basinward shelf environments. The Frobisher-Alida Beds, which form a secondary reservoir to the main Midale Beds of producing zone are composed of oolit1c, fragmental-bioclastic, vugular limestone capped by an impervious dolomitic mudstone. Production is controlled by localized structural features resulting from de-positional build-up. Excellent reservoir conditions are accompanied by an active water drive. The Frobisher Evaporite, consisting of massive primary anhydrite with dolomitic veinlets, forms the floor seal for the Midale beds oil accumulation. A significant facies transition into an oolitic, bioclastic, vugular limestone characterizes this unit. Beyond the depositional margin of the evaporitic facies, marked increases in porosity and permeability of the en-tire reservoir are noted. Carbonate units overlying the areal extent of the Frobisher Evaporite exhibit a greater degree of metasomatism, dolomitization, and more abundant secondary anhydrite.Porous carbonates comprising the producing zone of the Midale beds are divided into an oolitic, fragmental bioclastic, vugular limestone, and an overlying granular marly lime-stone unit, capped, by the Midale Evaporite. Oil is accumulated in a stratigraphic trap bounded above and be-low by primary anhydrite and truncated by the post-Mississippian erosional surface. Mississippian strata dip basinward from this erosional surface in a broad homocline exhibiting only minor irregularities. Rapid lateral and vertical porosity and permeability variations are common. Localized, separated, porous lenticles contain interstitial water in areas where the Midale beds are underlain by the Frobisher Evaporite. The major portion of the field, however, is capable of water-free production. Bottom and edge waters are found in certain portions of the field. Productive limits are tentatively defined around most of the present field perimeter. A large area along foe southern edge of the field remains open to future development. Probable ultimate remaining recoverable crude oil reserves, as of September 30th, 1958, were estimated by Mc-Daniel Consultants Ltd. to be in excess of 330 million barrels."

Jan 1, 1959

By R. Drozd

"The Bui/moose Mine is in the northeast coal area of British Columbia, and less than $300 million was spent to bring this 2.3 million-tonnes-per-year metallurgical and thermal coal mine into production by November 1, 1983, one month ahead of schedule. The project is an unincorporated joint venture undertaking, with Teck-Bullmoose Coal Inc., a wholly-owned subsidiary of Teck Corporation, holding 51%, Lornex Mining Corporation holding 39%, and Nissho-lwai (Canada) Ltd. holding 10%. Bullmoose Operating Corporation will be the manager and operator of the project. This paper will broadly cover the history and exploration work on the property, the geology, open-pit mining plans and equipment, the preparation plant flowsheet from breaker station to clean coal silo, the 35 km highway truck haul, the railroad loadout system, manpower requirements, approvals and permits, and general financial arrangements. Introduction The Bullmoose Mine Project is located about 87 km by road south of Chetwynd, B.C. and consists of an open-pit coal mine, a plant facility in the Bullmoose Creek valley below the mine, and a separate rail loadout facility on the British Columbia Railway Branchline near the new town of Tumbler Ridge some 35 km by road to the east. The plant will be capable of producing a total of 2.3 million tonnes per year (mty) of washed metallurgical and thermal coal. Long-term metallurgical coal contracts for high-quality, medium-volatile, bituminous coal have been signed with nine Japanese buyers for 1.7 mty, and the balance of0.6 mty will be for thermal coal production. Plant construction began in the spring of 1982, and in May 1983, preproduction waste and overburden removal in the mine was started. The plant began tuning up in October and was fully operational by December 1983. Metallurgical coal began moving to the coast in unit trains during November, and first vessel loading at the Ridley Island port began in late December 1983."

Jan 1, 1985

By D. A. Jacobson

Mining operations, whether new or existing, are constantly looking for ways to maximize production and improve energy efficiency, while keeping the footprint required to a minimum. The Nordberg MP1250 cone crusher was designed with these three goals in mind. A series of side-by-side evaluations comparing an MP1250 to an MP1000 were completed at two Freeport-McMoRan operations. The first evaluation began October 2009 in a tertiary position and the second began March 2010 in a secondary position, where it remains in full production today. Utilizing 25% higher power capacity than the existing MP1000 tertiary crushers, the MP1250 had 29% higher capacity and 17% lower specific energy, adjusted for differences in feed and product size. The MP1250 compared to the existing MP1000 secondary crushers achieved 30% higher capacity at a slightly reduced specific energy, while achieving a finer product. The MP1250?s higher capacity and energy efficiency may have application in many crushing plants. Depending on site specific economic factors, greenfield projects may benefit from a smaller footprint and less ancillary equipment, whereas brownfield projects may benefit from higher capacity or a finer product within the same footprint.

Jan 1, 2012

By H. C. Horwood

INTRODUCTION THE Argosy Gold Mines, Limited, which joined the ranks of active Ontario gold producers during the summer of 1936, holds a group of 21 claims on Casummit lake, in the Patricia portion, district of Kenora, northwestern Ontario. The Company is developing and mining goldbearing quartz veins that occur in a series of greywackes and slates of probable Keewatin age. The writer made a geological examination of the property and the surrounding area for the Ontario Department of Mines during the early part of the field season of 1936. This paper is a report on the general geology, structure, and ore deposits at the mine and is based almost entirely on data compiled during the examination. HISTORY Mineralization was first discovered on the property in May, 1929, by A. F. Hewitt, who, with J. A. Borthwick, decided that the country had prospecting possibilities and commenced work in April. Mr. Hewitt staked, and with his partner, J. Ziyone, still holds the group of claims lying immediately east of the present Argosy holdings. Mr. Borthwick staked six claims, K.R.L. 9,681 to 9,686, inclusive, adjoining Hewitt&apos;s on the west and later added claims K.R.L. 9,733 to 9,740, inclusive, to his holdings. F. Fiskness, who was also prospecting in the region, discoveted No. 1 vein on Borthwick&apos;s claims, and with his two partners, L. Parth and H. Jones, staked claims K.R.L. 9,758 to 9,763, inclusive, to the northwest of Borthwick&apos;s and Hewitt&apos;s ground. In July, 1929, the Casey Mountain Operating Syndicate, which held ground to the northwest, secured an option on Borthwick&apos;s claims. The Fiskness-Parth-Jones property was added in January, 1930, to protect the west dip of the veins. During the winter of 1930-31, the veins were explored by diamond drilling, No. 2 for a length ?of 900 feet and a vertical depth of from 51 to. 375 feet? and No. 3 .t~ a slope depth of 175 feet. I~ August, 1.931, after the msrallat10n of a miming plant, the Casey Summit Gold Mmes, limited, was incorporated to take over the property from the Syndicate. The Maple leaf Mines optioned a controlling interest in the stock in August, 1933, and on September 17th, 1934, brought a 50-ton amalgamation mill into production. From early in October to December 27th, 1934, when the mill was closed down, 4,094 tons of ore were treated to yield 887.89 ounces of gold and 87 .26 ounces of silver( ! ).

Jan 1, 1937

By J. H. Crocket, J. Andy Fyon

"All gold deposits within the Tisdale Group are spatially associated with carbonate alteration zones; however, not all carbonate alteration zones are host to gold mineralization.Within the komatiitic and magnesium tholeiitic volcanic rocks at the base of the Tisdale Group, discordant and stratabound carbonate alteration zones occur throughout. The alteration zones consist of a ferroan dolomite - quartz inner assemblage which is enveloped by calcite-quartz and an outer chlorite-rich subzone. Factors which control the distribution of carbonate alteration include joint systems, flow contacts, synvolcanic faults and bulk composition of the host rock.Two environments of carbonate alteration can be recognized: 1) The subsea-floor alteration zones developed within the volcanic rock succession where hydrothermal fluids did not discharge directly onto the sea floor. Insignificant gold production has come from this alteration environment. 2) Seafloor zones, which represent points of hydrothermal fluid discharge into the hydrosphere, are spatially associated with felsic volcanic rock complexes and are host to syngenetic, auriferous cherty dolomite.Carbonatized, magnesium tholeiitic basalts, which are host to the auriferous, cherty dolomite, are enriched in antimony (>0.35 ppm), boron (>30 ppm), gold (>5 ppb) and lithium (> 35 ppm), but are depleted in copper ( < 70 ppm), with respect to carbonatized basalts not associated with gold. Orerelated, altered komatiitic flows can be screened using gold (>5 ppb), lead(> 10 ppm), arsenic(> 70 ppm) and antimony (>1 ppm).The habit, petrographic characteristics and certain geochemical characteristics of the altered volcanic rocks suggest that the hydrothermal fluid was of sea-water origin."

Jan 1, 1982

By J. F. Archibald

This paper reviews the formation of the Canadian Mining Education Council (CMEC) and its terms of reference. CMEC considers that Canada?s mining schools represent a distinct competitive advantage to the Canadian Mining Industry. The core objective of CMEC is to reinforce the links between the constituent schools and their individual Industry Advisory Committees. The latter traditionally provide the schools with a great deal of guidance on a range of planning issues, including recruitment, curriculum, research and infrastructure. Beyond those bounds CMEC intends to improve its ability to network with the industry and government. It is concerned overall with the objective to raise the quality and level of its educational and research contributions to meet the needs of industry and society.

May 1, 2002

By S. G. Hardcastle, C. K. Kocsis

"Worldwide, metal mines are going deeper. For example, in Canada there are six such mechanized mines planning production at 3000 m (10 000 ft). Working at such depths challenges all aspects of mining including the provision of ventilation to supply an equitable working climate for personnel and machinery.This paper explores the overall challenges of supplying ventilation in Canada’s deepest mines and how the volumes required could be minimized. This is essential because it must be remembered that ventilation and refrigeration are not only costly items to supply, but the magnitude of their cost is also very sensitive to the volume supplied. For the primary ventilation system this is obvious because of the cubic relationship between volume and cost.In deep mines, the main function of ventilation is the removal of heat transferred from the strata and generated by the mining machinery, and the air volumes supplied are designed accordingly. The second consideration is the removal of other pollutants that could be harmful to humans such as diesel and explosive fumes. However, the need for ventilation at its present design levels could be reduced. This paper discusses the implications of such technologies as: tele-remote mining and alternatives to diesel equipment on the magnitude of the volume supplied; ventilationon- demand which recognizes ventilation as a costly and limited resource; plus other aspects, such as the benefits of controlled recirculation, local cooling, and possibly heat rejection back to the strata to gain further advantage from new developments.Furthermore, this paper advances the need to be able to design ventilation systems more cost effectively and how such new advances as process simulators can be used in conjunction with ventilation simulators to explore the diverse options that could affect the air volumes required and provide more realistic economic data upon which to base design decisions."

Jan 1, 2004

By C. C. Walden, A. Bruynesteyn

"Chemical and biological aspects of the formation of acidic effluents from sulfide waste materials are discussed. Test procedures to determine the acid producing potential of waste materials, as well as the characteristics of such acidic effluents, are presented. Practical applications of the test procedures are discussed with reference to predictior of environmentally unacceptable drainage and to estimation of metal recovery by dump leaching.INTRODUCTIONNatural leaching of sulfide minerals, exposed to the atmosphere, has been occurring for geological time. For centuries, man has been aware of the acid drainage originating from coal workings, copper mines and waste dumps. With the advent of the technical sciences, the processes involved in acid mine drainage production were considered to be solely chemical in nature. However, in 1947, it was shown (1) that a specific microorganism, called Thiobacillus ferrooxidans, was responsible for acid mine drainage from coal workings. It was demonstrated that under suitable conditions - this bacterium oxidized pyrite and marcosite in the coal to ferric sulfate and sulfuric acid. Numerous studies have subsequently demonstrated that - under suitable conditions - Thiobacillus ferrooxidans can attack most sulfide minerals, producing weak sulfuric acid, oxidizing ferrous to ferric iron and solubilizing other metals present (notably copper and zinc) as their sulfate salts."

Jan 1, 1980

By K B. Bowley

This paper covers the application of a systematic maintenance plan by the Plant Engineering Department of Rio Algom Mines Limited, Milliken Division. The plan established the function of work study, developed and installed formal work planning and labour cost control procedures, and extended the existing preventive maintenance routines. In June, 1961, assisted by management consultants, a more scientific approach to maintenance was instituted. The emphasis was placed on the control of labour. The development and application of the primary control system was established with-in six months. Since then, the Department has operated for a year, consolidating the system. The procedure of the installation, the results achieved and the results to be expected will be discussed. JNTRODUCTION THE Milliken Division of Rio Algom Mines Limited operates a 3,000-ton-per-day uranium mine, in the Elliot Lake district of Ontario, which went into production in April of 1958. The lowest operating level is 3,000 feet below surface. Mining is carried out by open stopping, with planned pillar support and footwall haulage on rail.

Jan 1, 1963

By D D. Deacon

A brief description is given of the requirements which No. 4 Shaft has been designed to meet and of the methods by which two-stage winding of rock has been accommodated in a single shaft sunk to a depth of 7,421 ft. This is followed by a consideration of the factors which led to the decision to sink the shaft as rapidly as possible. Introduction T HE No. 4 Shaft of Hartebeest-fontein Gold Mining Company, Ltd., has been sited to serve the deep southern area of the mine, some 1,500 claims in extent, between the elevations of 6,250 and 7,300 ft. below surface. From this area, some two-thirds of the mine production will ultimately be obtained. Above the 6,-250-ft. elevation, an existing shaft hoisting system, situated adjacent to the reduction plant, is of adequate capacity to cater for all ore hoisted to surface for milling. No. 4 Shaft will therefore be required to provide downcast ventilation of 1,000,000 c.f.m., together with surface hoisting facilities for men, material and development rock and underground hoisting

Jan 1, 1965

By Martin Grenon

This paper presents two case studies where fracture set orientation was quantified using three methods: a simple fracture pole grouping, a Fisher distribution and a Kent distribution. The three fracture orientation representations were then used as inputs for kinematic slope stability analysis. Differences showed up in the probability of sliding for all instability modes considered.

Aug 1, 2013

By Silvana Costa

The quality of life in remote mining communities is a significant factor that impacts the mining industry?s ability to attract and retain high quality workers in remote areas. The rapid growth of mining development, along with the shortage of skills and training globally are reflected in an increasing need to identify the ideal conditions for employee wellbeing and investigate ways to improve quality of life of miners and their families in remote locations.

May 1, 2007

By A. G. Mattes

This paper presents an overview of passive, engineered, biologically-based anaerobic bioreactor (ABR) treatment systems of the sort that can be used to remove dissolved copper from mine wastewaters. The paper begins with a brief history of the origins of this treatment technology and continues with a discussion of principles of engineered wetlands (EWs, advanced kinds of constructed wetlands, CWs) and the use of vertical sub-surface flow (VSSF) varieties that contain pulp & paper biosolids as the reactive medium for EW cells. A brief outline of a procedural methodology used in evaluating the potential for biological treatment on a site-specific basis is also included. An introduction to the microbiology of passive biologically-based treatment systems is followed by some recent research results in the general area of wetlands and ABR research. The paper concludes with a brief discussion of several sites known by the authors to have successfully (or not) demonstrated the potential of this treatment option.

Jan 1, 2007

By A. Mazhary

"Although sensor-based ore sorting has gained significant attention recently, sorting gold deposits still face a high level of skepticism by gold mining companies. In order to shed some light on the matter, this article looks at two different gold deposits that were examined using X-ray Fluorescence, Electromagnetic and X-ray Transmission sensors. The heterogeneity of each sample is measured based on the assay results of each particle and is related to its sortability. Multivariate linear regression analysis was also performed on the XRF results to find potential proxy elements for detecting gold. The results from these deposits were varied and each sample showed different levels of sortability. While both X-ray sensors proved efficient for different deposits, the electromagnetic sensor failed to produce any promising results. Despite unsatisfactory result for one sample, this technology can have significant advantages in terms of lowering the operational costs and improving head grades and recoveries providing that the deposit is amenable to such separation methods. Therefore, it is important to mention that sensor-based ore sorting is ore and sensor dependent, and as a result, it cannot be applied and be beneficial to all deposits. Therefore, amenability tests are required in order to examine the potential for sensor-based ore sorting before one can reject the idea.INTRODUCTION Although sensor-based ore sorting has gained significant attention recently, sorting gold deposits still face a high level of skepticism by gold mining companies. Except for a few cases presented previously, no new case studies have been published. Previously, mines such as Kloof Gold Mine in South Africa used an optical sorter to sort their waste stockpile in 2003–2004 (Von Ketelhodt, 2009) and then again in 2009 (Von Ketelhodt, Falcon, & Falcon, 2011). More recently, Coeur Operations utilized an XRT sorter for their Kensington Mine in Alaska (Lasley, 2014) and also Anglo-American Platinum used an XRF sorter to pre-concentrate Platinum Group Metals through an algorithm that used chrome, copper and nickel as proxies (Rule, Fouchee, & Swart, 2015)."

Jan 1, 2017

By Michael Stuart Parsons

The haulage cycle is the sequence which a haulage vehicle must first arrive at the loading area, then turn around and reverse into position. Once it is loaded, the vehicle leaves and travels to the unloading area, where again it must turn around and back up to unload. The cycle is repeated over and over again. The Vector Neutral truck is a rubbertired, self-propelled hauling vehicle designed such that it eliminates the requirement to turn around and back-up to either load or unload. Vector Neutral Truck Cycle: 1.) Travel from the load station to the dump station. 2.) Stop and dump load. 3.) Travel from the dump station to the load station. 4.) Stop and load. The Advantage is in the Difference: 1.) Shorter distance traveled. 2.) Fewer brake and steering actuations. 3.) Easier to automate. 4.) Easier to adapt for remote control operation.

May 1, 2003

By A. Broussaud

The paper describes the advanced grinding control system implemented at Newmont Ahafo gold mine, Ghana in 2009 and 2010. It shows how the different components of the Advanced Process Control (APC) system cooperate for increasing plant performance. The SABC circuit processes hard rock from different pits mixed with a variable proportion of oxides. The control strategy is designed to address specific disturbances, including start/stops of pebble crushers, unavailability of oxides, changes in rock size distribution resulting from segregation in the stockpile, and changes in ore type and hardness. The system consists of an expert system per se with extensive use of fuzzy logic, supplemented by an online dynamic model of the process used as a soft sensor, a VisioRock? rock size measurement system over SAG mill feed before addition of recycled pebbles, and an AudioMill? system to analyze the SAG mill sound and detect impacts on liners. All these components are embedded in the same OCS© software platform, which, among other benefits, makes it easy to support the entire system remotely. The paper details the physical constraints and the variables that are manipulated. It describes the control strategy and the contribution of each component of the system. It also describes the project implementation and the performance of the system. In addition to a strong involvement and support of management, the very good acceptance of the operators has been facilitated by the remote access system that made it possible to immediately modify the system each time it was needed during the baby sitting phase. The system made it possible to increase gold production significantly through increases in tonnage and recovery thanks to a better control of the grind size through a stabilization of the secondary ball milling circuit and an improvement of the operating conditions of the classifying cyclones.

Jan 1, 2012

By François Robert

The rate of new mineral discoveries in Canada has been declining in the last two decades. In response to the challenge and to stagnating investments in mining-related R&D, twenty Industry partners, supported by PDAC and Natural Resources Canada, established in 2010 the Exploration Innovation Consortium (EIC). This Consortium seeks to promote the discovery of new resources in Canada through coordination and sponsorship of industry-focused innovative and collaborative research and technology development, as well as training and education in mineral exploration. The two main themes of the integrated R&D program focus on exploration targeting in Deep and Mature Environments and in Remote and Covered Terranes.

May 1, 2011

By P. R. Stephenson

"The Australasian Code for Reporting of Mineral Resources and Ore Reserves (JORC Code) has been operating successfully for 14 years, and has an ancestry dating back over 30 years. Together with complementary developments in stock exchange listing rules, the Code has brought about substantially improved standards of public reporting by Australasian mining and exploration companies. The Code is regarded as a world leader in its field, and has been used as a basis for the development of resource/reserve reporting standards in other countries. The reasons for its success are varied, foremost among them being its adoption in full by the Australian and New Zealand stock exchanges, and the ability and willingness of mining industry organizations to bring Competent Persons to account when necessary.The latest revision of the JORC Code was undertaken in 2002-2003, based in part on releases of upgraded reporting standards in Canada, the United Kingdom/Western Europe, and South Africa, and the 2003 edition is expected to be released mid-year. Two of the more significant changes are: the introduction of a requirement for a Competent Person to be responsible for the documentation upon which Exploration Results are reported; and inclusion in the definition of a Competent Person of a reference to “Recognized Overseas Professional Organizations” being overseas professional organizations to which Competent Persons may belong for the purpose of preparing documentation for the submission of reports to the Australian Stock Exchange."

Jan 1, 2004