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Welina mai to the 40th Underwater Mining Institute, UMI 2011 - Marine Minerals: Recent Innovations in Technology. Since the first conference in Milwaukee, Wisconsin in 1970, the UMI Founder Professor Robby Moore always insisted on actively seeking the participation of industry, academia, and government. History has proven the wisdom of this approach, which is probably the key to its survival for so many years. The UMI is very much influenced by the cyclical pressures of the minerals commodity markets. When minerals demand and prices are rising rapidly, industrial participation in the Institute dominates the agenda, and participants share optimistic and aggressive views of the commercial prospects of the day. When metals prices are falling and world economies lethargic, academic experts continue to provide guidance and breakthroughs in the concepts and practices of exploration, technology, and environmental protection. Throughout the ups and downs, government participants provide a stabilizing force with conservative and environmentally sensitive policy statements, patient development efforts with long-term objectives, authoritative resource assessments and, sometimes, much needed regulatory clarity.

Jan 1, 2011

By Manfred Krutein

Ocean mining has a number of problems which are critical to its development: ? Political hurdles on national and international stages ? The worldwide economic situation, with the possibliity of a recession ? Financial difficulties in funding further work ? Technical problems for the development of ocean mining and transport subsystems ? Demands for technology transfer This paper touches the last two points and provides some thoughts for discussion and creative objectification. The many technical problems of ocean mining will be identified and some proposed solutions will be investigated relative to the state-of-the-art technology of ocean mining and nodule transport. An outlook into the future attempts identification of the steps necessary to eventually develop components for workable systems that are not only technically but also economically feasible.

Jan 1, 1978

By Andrea Koschinsky, Sophie Paul

"INTRODUCTIONOnce again deep-sea mining has been receiving a lot of attention in recent years. Industrial and political advancements also call for environmental baseline studies and analyses to aid the development of standards and monitoring protocols. As part of the EU research project “JPI Oceans: Ecological Aspects of Deep-Sea Mining”, the RV Sonne cruise SO242 to the Peru Basin revisited the DISCOL area that had been artificially disturbed in 1989. This offered the unique opportunity to study a deep-sea site 26 years after a disturbance similar to manganese nodule mining had been carried out (Figure 1). A comparison of a variety of undisturbed and disturbed sites shed light on the re-establishment of a geochemical equilibrium and a range of baseline values. This information can help to inform standard development for monitoring and mining purposes.Heavy metal data and its applicationResearch findingsDuring the cruise, disturbed and undisturbed surface sediment was sampled. The pore water analyses show that the 26 years old disturbance is not visible in the metal profiles and that the pore water reaches equilibrium through diffusive fluxes relatively quickly. The sediment, however, shows some differences between disturbed and undisturbed sites in the upper 20 cm, even after 26 years. Lower concentrations in the usually manganese-oxide rich top layer, variations and “unnatural” peaks in the manganese profiles, for example, suggest removal or mixing of the top layer (Figure 2)."

Jan 1, 2017

By NA UMC

Abstract Booklet

Dec 2, 2023

By NA UMC

Abstract Booklet

Dec 1, 2022

By Sofia Martins, Anna Lichtschlag, Sven Petersen, Fernando Barriga, Bramley Murton, Adeline Dutrieux

"Sediments in the vicinity of the hydrothermal seafloor massive sulphide (SMS) mounds are characterized by high concentration of metallic particles. They result from a long process of weathering of the primary mineral deposits and have been accumulated in depressions by mass wasting and hydrothermal plume fall-out. We present here the first results obtained on pore waters analyses of such sediments in distinct geological seafloor environments (in low-temperature hydrothermally active zones, on extinct hydrothermal mounds and in a remote depositional channel). Vertical concentration profiles suggest that the pore fluid composition is affected more by seawater circulation compared with hydrothermal fluid flow in all environments. The composition of pore fluids is affected by diagenesis and redox processes in the distal depositional channel where Mn2+ is released at depth with Cu2+.IntroductionMarine hydrothermal fields, hosting seafloor massive sulphides, are potential resources for future deep-sea mining and might become economic reserves for the industries. They are widespread at mid-oceanic ridges, arcs and back-arc spreading centers (Hannington et al., 2011; German et al., 2016). Sediments in the vicinity of these fields can contain unusually high concentration of Fe, Mn, Zn and Cu among other metal elements (Shearme et al., 1983). These hydrothermal, or metalliferous, sediments result from a combination of processes such as collapsing and weathering of chimney material, filling of the channels by turbidite-like mass wasting, in situ authigenic mineralization and hydrothermal plume fall-out (Goulding et al., 1998; German et al., 1990). The sediments contain important indicators reflecting the development of the hydrothermal systems. Because of their widespread distribution and metal content, they themselves can be considered potential mineral resources. Circulation of seawater through these deposits, however, often modifies the sediment composition by oxidizing the sulphides into oxyhydroxides and clays causing mobilization of the metals. To address the importance of alteration and diagenesis of these hydrothermal sediments, including the result of seawater circulation, we investigated the post-depositional processes occurring in the hydrothermal sediments at the TAG Hydrothermal Field (Mid-Atlantic Ridge, 26°N), focusing on the mobility of metallic cations in a number of different seafloor environments."

Jan 1, 2017

By Carsten Rühlemann, David Friedmann, Bernd Friedrich, Thomas Kuhn

"This paper explores the option of direct reduction smelting of the nodules from the German license area in the equatorial NE Pacific in a submerged arc furnace (SAF). An optimized slag design is proposed to separate the larger Mn-bearing stream from the valuable metals (i.e. Ni, Cu, Co, Mo). The slag optimization allows a maximum of Mn to be retained in the manganese-silicate slag on the one hand and a maximized metal recovery in a FeNiCuCo alloy on the other. This way, the goal is to make use of the complete nodules (“zero-waste”) instead of extracting only the metals Ni, Cu, and Co, which make up about 3 wt%. The process closely relates to the “Inco Process” by the Ocean Management Inc. (OMI) of the late 1970s, which was a consortium of INCO (International Nickel Company, CAN; today Vale Canada), Preussag AG & Metallgesellschaft AG (GER), DOMCO (JPN), and Sedco (USA). However, the manganese containing slag is investigated in more detail to recover FeMn, FeMnSi and/or SiMn. To optimize the process modern tools such as thermo-chemical modeling in FactSage™ have been used. [1,2]Polymetallic deep-sea manganese nodules may offer a decreased dependency of raw material imports for Germany and the EU. Currently, four European countries (United Kingdom, Belgium, Germany, and France and an Eastern European consortium (InterOcean Metal)) hold exploration licences for these nodules in international waters in the equatorial NE-Pacific. The license areas each cover 75 000 km2 of the seafloor and are located in the Clarion Clipperton Fracture Zone (CCZ) south east off Hawaii at water-depths between 4000 and 6000 m. The nodules may be used as a resource for industrially important metals such as Cu, Ni, Mn as well as for technology metals like Co, Mo, V and Zn. The average chemical composition of nodules from the German license area is presented in Table 1. [3,4]"

Jan 1, 2017

By Carlos Almeida, Bruno Matias, Stef Kapuskiak, Eduardo Silva, José Miguel Almeida, Alfredo Martins

Underwater intervention operations have been supported by robotic systems such as remotely operated vehicles (ROV) for a long time. In particular challenging scenarios such as the deep sea, the use of ROV systems for environment awareness is in fact the main tool of choice. With the technical advances in autonomous robotics, there is an increased effort in substitute ROVs whenever possible for autonomous underwater vehicles (AUV). These systems don't have tether and thus provide large advantages from the operations and logistic point of view. However the limited options for underwater communications render them impracticable for many tasks were real time environment awareness and direct human control is needed. Emerging applications in underwater mining, both at sea [1] and in inland flooded mines [2] pose additional requirements in terms of operation support needs and environment restrictions. Two main tasks are to be addressed by assisting robots in these underwater mining operations: providing adequate environment awareness for human operators and obtain precise realtime 3D environment modelling (particularly relevant for the mining planning). The use of ROVs with umbilical cable, has in this case large limitations due to the nature of the mining cutting (performed by dedicated systems) that limit manoeuvrability and pose high risk of cutting the cable or damaging the vehicle. In this paper we present EVA (Exploration VAMOS AUV) an innovative hybrid ROV/AUV system developed for operations support in inland underwater mining operations. This robot is always operated without tether, and the can be used in a wireless ROV tele-operation mode using very short range high bandwidth underwater communication systems and in autonomous AUV mode.

Jan 1, 2018

By Charles L. Morgan

In June 1996, the United Nations International Seabed Authority opened shop in Kingston, Jamaica as an autonomous international organization charged with the administration of seabed mineral developments in all areas beyond national jurisdictions. The Authority is a consequence of the 16 November, 1994 entry into force of the 1982 United Nations Convention on the Law of the Sea (UNCLOS) and the 1994 Agreement relating to the Implementation of Part XI of UNCLOS. The total seabed area included within the Authority?s purview has yet to be assessed accurately, but clearly constitutes the largest single jurisdiction on the planet. The Authority is governed by legislative bodies called the Assembly and the Council and an administration called the Secretariat. The Assembly includes representatives of the 132 member states which are currently parties both to UNCLOS and to the 1994 Agreement. These member states directly fund the operations of the Secretariat. They include most of the world?s developed nations, island nations, and others among the 188 independent countries which are members of the United Nations. Notably absent are the United States and Canada, which are the only developed coastal states not represented. The Council is a 36-member subset of the Assembly representatives selected through a somewhat involved process designed to achieve a balanced representation of the specific interests of the members. Ultimate responsibility for the Authority?s actions resides in the Assembly, but most initiatives originate in the Council. Also included in the Authority are two subsidiary advisory bodies, the Finance Committee, which reviews the Secretariat?s budget, and the Legal and Technical Commission, which evaluates claims and drafts technical regulations. The Secretariat itself includes a staff of about 30, including 15 highly qualified and competent attorneys, accountants, engineers, and scientists. Details describing the composition and activities of these bodies can be found at the Authority?s website (http://www.isa.org.jm).

Jan 1, 2000

By Leonhard Weixler

The Bauer company was founded in 1790 by coppersmith Sebastian Bauer in Schrobenhausen, a small town north-west of Munich. The original workshop business carried out works including repairs to church roofs and brew kettles. Later the company expanded its operations to encompass water pipe installation, which it continued through to the 1980s. In addition to installing water pipes it then also began drilling wells, which were sometimes constructed using very simple methods, such as tripod frames (Figure 1).

Jan 1, 2011

By Matthew Kowalczyk, Steve Bloomer, Peter Kowalczyk

"Mineral deposits found near seafloor hydrothermal venting are of great economic interest. Valuable metals such as gold, copper, zinc, and other polymetallic sulfides are found in appreciable grades in seafloor massive sulfide (SMS) deposits associated with these vents. For mapping these deposits, electromagnetic prospecting is one geophysical method that is very useful because copper/gold rich deposits are highly conductive.Ocean Floor Geophysics (OFG) in 2008 developed the first EM system to successfully map the limits of conductive mineralization in a survey at the Solwara 1 deposit (Kowalczyk, 2008). Since then, towed coincident loop time domain systems have been developed by Waseda University (Nakayama and Saito, 2016) and have successfully detected known mineralization buried at 30m depth. Using a deep tow controlled source electromagnetic (CSEM) array, very clear anomalies have been measured (Murton, 2017) over known mineralization at the TAG field on the mid-Atlantic ridge.In 2014 and 2015, OFG partnered with Fukada Salvage and Marine Co. Ltd. and the Scripps Institution of Oceanography to map methane hydrate deposits off the coast of Japan using a towed controlled source electromagnetic (CSEM) system developed by Scripps. These hydrate deposits are resistive targets, and the Scripps system successfully mapped subsurface electrical resistivity distributions to depths of several 100 metres below the seafloor. OFG is attempting to extend the Scripps CSEM technology to map subsurface conductive SMS deposits to a similar range of depths below the seafloor."

Jan 1, 2017

By Jiahua Pan, Yanxiong Mei, Shuqin Liu, Rongfu Pei

Growth characteristics of Co-rich crusts from the Western Pacific have been approached. The thick crust shows 3 structural layers: compact upper layer, porous middle layer, and compact lower layer. The middle and lower layers have obviously different microscopic structure, color, and luster. Preliminary study of Calcareous nanofossils in one crust shows that the crust began to grow since Paleogene. The porous middle layer was formed from late Miocene to late Pliocene (Ca. 0.5 ~ 11.9Ma) and the compact lower layer was formed from late Paleocene to late Oligocene (Ca. 56.3 ~ 23.2Ma). The sedimentary hiatus of a 14.26Ma was observed between the middle and lower layers. The boundary between them to be Oligocene/Miocene (O/M) shows an important message on growth age.

By Eric J. Foell

The Offshore Technology Conference (OTC) was founded in 1969 when a group of scientific and technical societies organized an annual conference and exhibition dedicated to technologies used in the offshore oil, gas and mining industries. Currently, OTC is sponsored by 12 industry organizations and societies. These include: American Association of Petroleum Geologists (AAPG); American Institute of Chemical Engineers (AIChE); American Institute of Mining, Metallurgical, and Petroleum Engineers (AIME); American Society of Civil Engineers (ASCE); ASME International Petroleum Technology Institute; Institute of Electrical and Electronics Engineers/Oceanic Society (IEEE-OES); Marine Technology Society (MTS); Society of Exploration Geophysicists (SEG); Society for Mining, Metallurgy, and Exploration (SME); Society of Naval Architects and Marine Engineers (SNAME); Society of Petroleum Engineers (SPE); and The Minerals, Metals, and Materials Society (TMS). OTC also has two endorsing organizations, the International Association of Drilling Contractors (IADC) and the Petroleum Equipment Suppliers Association (PESA), as well as 6 supporting organizations that include the American Petroleum Institute (API), the Independent Petroleum Association of America (IPAA), the Institute of Marine Engineering, Science, and Technology (IMEST), the International Association of Geophysical Contractors (IAGC), the National Ocean Industries Association (NOIA), and the United Kingdom Offshore Operators Association (UKOOA). From its earliest years, the OTC has been held during the first week of May in Houston, TX, initially at the Albert Thomas Convention Center where OTC?69 drew 4200 attendees and 200 exhibitors. As the conference grew and became established as the world?s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection, the venue was changed to the Astrodomain Complex, with technical paper sessions and most exhibits taking place in the Astro Hall. The numbers of attendees and exhibitors varied somewhat over the years, primarily in accordance with the fortunes of the international oil and gas industry. At its height in the early 1980s, OTC registered attendance exceeded 100,000 with more than 2500 exhibitors forcing expansion into the Astro Arena and even the Astrodome.

Jan 1, 2005

By Peter Halbach

The two HYFIFLUX cruises of the German RV SONNE (SO 99/1995 and SO 134/1998) were organized in the framework of a co-operation between several German universities and two European marine research partners. It is a multidisciplinary program for the study of hydrothermalism with its associated geological, mineralogical, and biological processes in the North Fiji Basin (NFB) in the SW-Pacific. The main achievements of the HYFIFLUX cruises were detailed multibeam Hydrosweep mapping in order to identify the detailed tectonic setting, water sampling at hydrothermally active vents, mineral sampling at inactive sites with sulfide, sulfate, and silica mineralizations, and sampling of basaltic rocks, (Halbach et al. 1999). Oceanic accretion in the NFB is characterized by a double spreading system (Auzende et al. 1994),with one spreading axis located in the median part of the basin (Central Fiji Ridge, CFR) and the second one located immediately west of the Fiji platform (West Fiji Ridge). Most of our investigations were done in the northern part of the N 15° segment of the CFR, which corresponds to area A of our program, area D is located farther south in the NFB and corresponds to the N-S segment of the CFR (Fig. 1). During previous works under the French-Japanese STARMER project, the active ?White Lady? mound and the extinct Père Lachaiseí site were sampled; these samples were studied by Bendel et al. 1993. Here an inactive hydrothermal field was studied, where there were many sediment-covered chimneys in various stages of disintegration, (Bendel et al. 1993). However, the area immediately southwest of the nodal circular basin, which is the triple point junction of the medium-spreading Central Fiji Ridge (about 6 cm/yr spreading rate

Jan 1, 2000

By James R. Hein

Rodriguez Seamount, located 150 km off the central California coast at the base of the continental slope, was studied using the ROV Tiburon aboard MBARI?s R/V Western Flyer, October 13-16, 2003. Fe-Mn crust and rock samples were collected along the SW flank of the seamount at water depths from 700 to 2100 m; bottom-water dissolved oxygen content (O2) and temperature were determined at each sample site. Fifty-three samples of bulk crusts, crust layers, and surface scrapes (~0.5 mm) were analyzed for 59 elements. Data allow for the correlation of crust compositions with precisely known water depths and seawater O2 measured at the actual site of sample collection. This is the first detailed study of Fe-Mn crust compositions in a region of strong continental-margin upwelling. Compared to open-ocean seamount Fe-Mn crusts, Rodriguez crusts have significantly higher (2-6 fold) mean concentrations of Fe (26.9%), Al (1.65%), Si (13.0%), Cr (82 ppm), Th (64 ppm), and Ag (1.7 ppm); and significantly lower (2-8 fold) mean concentrations of Ca, P, Bi, Co, Cu, Ni, Tl, and especially Te (8.2 times lower). All but one Fe/Mn ratio are >1 compared to <1 ratios for open-ocean crusts. O2 contents (0.35-2.03 ml/L) are nearly perfectly corrected with water depth and elements correlated with one are correlated with the other. The Fe-Mn surface scrapes represent 60-450 ka (mean 150 ka) of growth, whereas the dissolved oxygen contents of seawater represent an instant in time. Assuming that the entire sample set was affected uniformly by oceanographic changes, we suggest that correlation of elements with O2 may reflect oceanographic processes. O2 has a negative correlation with P, V, As, Fe, U, Be, Pb, Cr, Mg, Y, Bi, Te, and REEs (except Ce) and a positive correlation with aluminosilicate-hosted elements (Al, K, Rb, Cs). This later relationship is related solely to water depth, indicating that detritus shed down the seamount slopes accumulates in greater abundances in deeper-water crusts. Si/Al ratios indicate that the detritus includes a large component of biosilica produced by upwelling-mediated high productivity. These observations are supported by positive correlations of aluminosilicate-hosted elements with crust growth rates (range 1.2-13.0 mm/Myr). In contrast, other elements (Sr, Co, Mn, Mg, Te, As, Mo, V, W, U, Ti, Ni, REEs, etc.) are negatively correlated with growth rates. Growth rate has a weak positive correlation with O2. These compositional characteristics indicate that even though low-O2 seawater acts as a reservoir for Mn and associated elements and produces slow growth rates, which would allow for the concentration of elements and surface oxidation processes to occur, the high rate of input of detritus and high bioproductivity ameliorate the strong concentration of most metals. This dilution is significantly enhanced by the doubling of FeOOH in the crusts--the main cause of the generally high growth rates compared to open-ocean crusts. The high growth rates limit the oxidation of Co, Tl, and especially Te on the crust surface, which is reflected by their relatively low concentrations. Within the range of oxygen contents measured, O2 has less of an influence on crust chemistry than does the availability and incorporation of FeOOH and detritus.

Jan 1, 2004

By Samantha Smith

Nautilus Minerals (Nautilus) is following the lead of the petroleum industry as it strives to tap vast offshore resources. Planning is well underway for the Solwara 1 Project in the Bismarck Sea, Papua New Guinea (PNG) to recover high-grade seafloor massive sulphide deposits in 1600 m water depth. The deposit contains an average copper grade >10 times higher than a typical land-based porphyry copper mine. The high grades combined with a relatively small amount of overburden ensure the Solwara 1 Project will have a significantly smaller physical footprint than its land-based counterparts. Offshore minerals production also has the advantage of minimal social disturbance. Nautilus is dedicated to setting a high environmental and social responsibility standard. Nautilus recognises the importance of transparent and inclusive stakeholder engagement and has taken a proactive approach to involve as many key stakeholders as possible. One of the first steps in the permitting process in PNG is the preparation of the Environmental Inception Report, which describes the project, its envisaged impacts and the proposed studies for the Environmental Impact Assessment (EIA). Local (PNG-based) and international environmental scientists, anthropologists, NGOs and other experts were involved in the definition of studies conducted for the Solwara 1 EIA and a team of world-leading experts was involved with carrying out the studies, culminating in the preparation of the Environmental Impact Statement (EIS). To ensure transparency, collaborating researchers are free to publish their findings. Following its submission, the EIS was made available for public review and public hearings were held at several locations. The EIS has also undergone a rigorous independent review by PNG government-engaged consultants. Outside the permitting process, Nautilus works alongside government officials to carry out ongoing community consultations. Information dissemination and feedback acquisition has also occurred through the Nautilus website and attendance at a number of international conferences, workshops, and meetings. This paper will outline the leading edge approach Nautilus has taken in completing the environmental impact statement for the world?s first deep seafloor copper-gold mine. In addition, this paper will review the permitting process and the government and stakeholder engagement undertaken as part of Nautilus? desire to ?do it right? in this exciting new industry.

Jan 1, 2010

By Fernando JAS Barriga

The world-class Neves-Corvo deposits were intersected by drilling in 1977. They occur in the (Carboniferous) Iberian Pyrite Belt (IPB), Western Europe&apos;s largest stock of base metals (see Bamga, 1990, in Dallmeyer RD, & Martinez E, eds, Pre-Mesozoic Geology of Iberia, Springer-Verlag). Massive and stringer sulfides in the area sum up to about 200 Mt (109 kg), in five main orebodies (Neves, Corvo, Graca, Zambujal and Lombador). They include unique, extremely high grade copper and tin ores ( - 33 Mt Cu ores, -7.5% Cu, and -4 Mt Sn ores, -2.6% Sn, - 12.5% Cu). Also present are -50 Mt polimetallic ores (-6% Zn, 1.2% Pb, 64 ppm Ag). The remaining are relatively low grade pyritic massive and stringer sulfides (Cu < 2%. Sn < 1%, Zn equivalent < 4%). The geological setting is one of bymodal submarine volcanism, with predominant felsic, explosive volcanism and associated sedimentation (detrital and chemical), which took place on a shelf-facies, quartzite-phyllite basement (of Upper Devonian age). The plate tectonic setting has been the object of much debate. Current interpretations favour that the IPB volcanism took place in a tensional fore-arc region, associated with oblique subduction and collision (Silva et al., 1990, same volume as above). At Neves-Corvo there are many different ores, that may be grouped in four main types: fissural (at the base), breccia, massive (intermediate) and "ruban6 " (at the top). Fissural ores seem to correspond to stockworks in contrasting types of host rocks (gray to black shale, sericitic, chloritic and graphitic, and light gray volcanic rock). Massive ore may contain significant shaly gangue, at the base of individual orebodies, and silica-rich (cherty) varieties towards the top. The more sulfide-rich varieties predominate, and are usually well banded.

Jan 1, 1993

By Akira Usui

The details in small-scale variability of the geological occurrence and chemical composition of ferromanganese crusts are not yet well understood, although the northwestern Pacific seamounts are believed to be among the most promising areas for rare metal resources. Our belief is that geological observations and geochemical analyses are still insufficient for economic evaluation or for discussion of depositional processes and environments. Our team, composed of geologists, mineralogists, geochemists, physical engineers, and microbiologists has attempted to utilize an ROV for in-situ measurement and for sampling of undisturbed and uncontaminated ferromanganese crusts at three typical seamounts in the NW Pacific near the Japanese Exclusive Economic Zone. The first ROV geological survey of ferromanganese crusts was successfully completed, and the ROV proved to be the most powerful, efficient and elegant method to date. The collected samples (more than total 1 ton of crusts, at more than 100 sites along a total of approximately 10 km of survey lines) were most suitable to analyze water-depth dependency and secular variation of their composition. The intact surfaces of crusts, collected without the usual abrasion caused by dredging, were also valuable for microbial study of Mn oxidizing bacteria. The ROV sampling devices, however, can be improved with further sophisticated drills or rock saw blades in the future.

Jan 1, 2011

By Julian Malnic

Various natural, commercial, engineering and operational factors govern the evolution of approaches taken in the exploration for Seafloor Massive Sulphides (SMS) and in delineating the resource. These stages are prerequisites to the proposed mining of SMS deposits. This paper presents and analyses these factors from the view of an SMS exploration company that is pioneering the exploration of this rich alternative source of zinc, copper and gold. Current exploration practices developed by Marine Scientific Research (MSR) workers for SMS deposits are expected to give way to industry-generated methods as the SMS exploration industry gathers momentum. The exploration process falls into three phases that are described below: Prospecting (locating targets), Indicating Resources, and Measuring Mineral Resources Considerable streamlining of the SMS exploration process will accelerate the rate of discovery. The economics of SMS mining are projected to be superior to comparable terrestrial mining operations in both operating cash cost and capital terms.

Jan 1, 2001

By Stephen J. Juras

The Myra Falls deposits comprise a complexly metal-zoned polymetallic volcanogenic massive sulfide district located 90 km from Campbell River in central Vancouver Island, British Columbia, Canada. The massive sulfide deposits are hosted by subaqueously-deposited rocks of the Devonian age Myra Formation of the Sicker Group volcanic assemblage. The deposits comprise many individual massive sulfide lenses grouped into several major zones within two main felsic volcanic stratigraphic intervals - the upper Lynx-Myra-Price Horizon and the lower H-W Horizon. The largest of these zones, the H-W and Battle, occur within the H-W Horizon. The first claims in the area of what is now Boliden-Westmin?s Myra Falls Operations were staked in 1917. Early prospecting resulted in the discovery of three massive sulfide showings which eventually became the Lynx, Myra and Price mines. Sporadic exploration was carried out until 1961 when Western Mines Ltd. (now Boliden-Westmin Ltd.) acquired the claims. Subsequent ore definition outlined 1.9 million tonnes of ore (approximately 5 years of mine life) in the Lynx deposit, and mining began in 1966. Pre-mining geological reserves (to January 1, 1997) comprised 6.7 million tonnes grading 3.3 g/t Au, 130.6 g/t Ag, 2.0 % Cu, 1.4 % Pb and 10.2 % Zn for the Lynx-Myra-Price deposits, 17.1 million tonnes grading 2.3 g/t Au, 32.7 g/t Ag, 2.3 % Cu, 0.3 % Pb and 4.2 % Zn for the H-W deposits and 4.2 million tonnes grading 1.1 g/t Au, 27.0 g/t Ag, 2.2 % Cu, 0.5 % Pb and 12.0 % Zn for the Battle deposits. Property-wide production to January, 1996 has been 15.7 million tonnes grading 2.1 g/t Au, 58.7 g/t Ag, 1.9 % Cu, and 5.2 % Zn.

Jan 1, 1998