Search Documents

By Julie Hunt

Rimfire Minerals Corporation: early stage precious metal exploration specialists with discovery opportunities in partnership with major and mid-tier gold producers or prominent junior exploration firms. Mike Roberts, Senior Geologist

May 1, 2006

By Julia Pflieger, Manfred Russ, Johannes Gediga

This paper shall show an economic feasible approach to implement Greenhouse Gas (GHG) reduction measures into the mining and metallurgy industry. The goal to improve energy consumption is directly linked to the reduction of GHG emissions and therefore directly in correlation with the economic viability. A baseline scenario of the considered reference system and of the respective reference year has to be defined, mapped and analysed. In a second step an analysis of the same operation using available and prospected Best Available Technology (BAT) processes is carried out to generate a basis for a benchmark system. The identified reduction potentials are reported and the GHG emission reductions are put into relation to the investment cost of the new process technologies / process adaption to be implemented. This economic feasibility calculation is necessary to realise a cost efficient GHG reduction roadmap implementation into the company's business operations. The GHG reduction roadmap is developed using ratios between GHG reduction and investment / operating cost to get an indication for a sequence for implementing carbon emission reductions measures.

Jan 1, 2010

By T. D. Brown

"A review of the current status of gasification technology shows that many engineering systems are immediately available for use in the gasification of coal. Widespread international experience can be brought to bear on the atmospheric pressure gasification of all Canadian coals.Unless a high ash content dictates the use of a fluid-bed gasifier, it appears that bituminous coals can be used in gravitating (fixed] bed systems and that the strongly caking coals are most suited to the high-pressure entrained-bed systems . Existing and developing technologies in fluid-bed gasification are attractive for reactive lignites and subbituminous coals.The Fischer-Tropsch based process is the only commercial embodiment of coal liquefaction; the use of Canadian coals in this process depends only on their gasification characteristics. Current developments in hydroliquefaction are directed toward carboniferous coals of medium or high rank. It is not clear that cretaceous coals of the same rank will give similar process yields and economics.IntroductionThe twin coal conversion processes of gasification and liquefaction have a history which dates back beyond the current energy shortages of the western world. Indeed, liquids and gas from coal were produced before this century.Coal gas produced from a coal carbonization process was originated before 1800, and the development of gasification of non-coking coals was patented by Siemens in 1860.This patent represented the first use of air and steam together in the gasmaking process. The pioneering development of coal gasification Using oxygen and steam was demonstrated by Lurgi in the late 1920s. This historical sequence was all carried out at atmospheric pressure, and it was not until the immediate pre-war (1939/45) years that operation of the coal gasification process at elevated pressure became a reality."

Jan 1, 1981

By Qing-Xun Low

Ni current collector has excellent electronic conductivity and mechanica, properties. However, nicke, cannot be used in H2S-containing syngas SOFCs due to sulfur poisoning and coking. Copper coated nicke, is prepared by electrochemica, deposition. XRD, SEM, and EDX techniques are used to characterize the samples. After high temperature treatment in syngas containing, the coated samples exhibit high resistance of coke formation and sulfur corrosion compared to pure nickel. Therefore, copper coated nicke, is a promising anode current collector for H2S-containing syngas SOFCs.

Jan 1, 2010

By V. Polotski

This paper describes a platform for autonomous operations in open pit mining environments. A typical operation consists of: (1) Initial locomotion toward a remote worksite; (2) Pattern navigation within the worksite; (3) Worksite manipulations and (4) Return locomotion to the start location. The platform includes precise localization module based upon the fusion of odometry, inertial and GPS measurements. The guidance module starts from a set of way points specified on a GPSreferenced map and plans and executes the mission. A typical mission includes specified manipulative tasks along the navigation path. During motion execution the on-board system continuously verifies that the path is free of obstacles and that the hardware is not overloaded. Momentary losses of external positioning measurements does not adversely affect the performance, owing to the redundancy in position and heading estimation. A rehearsal phase follows planning and allows the supervisor to examine the kinematic behavior of the platform during motion, thus reducing the need for continuous monitoring during execution and providing protection against potential losses of communication.

May 1, 2003

By Ji Wang

Reflective in-seam wave detection has the advantages of a far detection range and wide applicability. It has been successfully used in detection of many abnormal geological structures in work-faces, such as faults and collapse columns. However, a reflective in-seam wave is a dispersion wave. It has weak energy and is always covered by the direct in-seam wave. In the past, underground seismic explorations were not able to image the opposite roadway using reflective in-seam waves. To solve this problem, we propose a new method of reflective in-seam wave imaging based on adaptive dispersion filtering. This method processes the reflective in-seam wave using a filter with the parameter of transmission distance. The degree of similarity of the filtered and the explosion signal is used to estimate the transmission distance and image the reflective objects. We test and verify this method using real underground seismic data. This research is helpful for the detection of coal mine goafs and abandoned roadways in work-faces or in front of tunneling ends.

Aug 1, 2013

By H. Fujihara, K. Uesugi, H. Toda, A. Takeuchi, K. Shimizu

"Hydrogen is trapped at a variety of microstructures, for example grain boundaries, dislocations and particles. It is thought that hydrogen trapped at trapping sites is redistributed to the other sites under loading and then brittle fracture occurs with hydrogen accumulation. In order to understand hydrogen embrittlement behavior, it is necessary to investigate the time evolution behavior of hydrogen accumulation at each trap site. In the present study, changes in hydrogen distribution are observed under stress using Kelvin force microscopy (KFM) that can visualize hydrogen concentration distribution on material surface at high resolution. Spot-like hydrogen enriched regions are observed on the surface of a material. In addition, hydrogen depleted regions are observed around those enriched regions, and the appearance of hydrogen trap due to particles existing near the material surface is revealed. On the other hand, hydrogen trapped at grain boundary can be visualized. From in this result, it was suggested that crystallographic factors influence hydrogen accumulation. The relationship between initiation and propagation of intergranular crack and hydrogen accumulation under stress will be discussed.INTRODUCTIONHydrogen present in a metal sometimes has significant effects on various properties. Hydrogen in a metal is trapped at a variety of microstructure, for example dislocations and grain boundaries. Grain boundaries, dislocations and micro pores are the major trap sites in aluminum alloys. Some researchers considered that hydrogen redistribution and accumulation between these trap sites in a material with loading plays an important role in the brittle fracture behavior. In general, in intergranular fracture and quasi-cleavage fracture, the hydrogen trapped at grain boundaries and dislocations contributes to fracture behavior, respectively. Recently some researchers have shown that the ductile fracture in aluminum alloys is resulted from growth and coalescence of hydrogen micro pores. Analysis using first principles calculation indicates that intergranular fracture occurs when hydrogen concentration reaches 20 atom H/nm2ongrain boundary. From this report, it is considered that hydrogen redistributed during deformation accumulates locally in order to cause hydrogen brittle fracture. In order to understand hydrogen embrittlement, it is necessary to investigate the time evolution behavior of hydrogen accumulation at each trap site. In the present study, we evaluate the relationship between hydrogen accumulation behavior and fracture behavior in Al-Zn-Mg based alloys. In-situ observation was made by combining the tensile test with Kelvin force microscope (KFM) that can visualize the hydrogen concentration distribution on the material surface with high resolution. We also investigate the relationship between hydrogen distribution behavior and crystal orientation."

Jan 1, 2018

By Jehan Rondot

Des quartzites très pars ont été dêcouverts au cours de la cartographie de la region du lac des Martres, étape de l'étude géologique de la region de Charlevoix. On distingue quatre groupes métasédimentaires, tons con tenant des niveaux de quartzite dans an moins deux domaines géologiques différents, c'est à l'ouest, clans le domaine gneisso-charnockitique que se situent les quartzites du groupe des Martres. Quartzite et gneiss à grenat et sillimanite, en banes épais, constituent la formation de La Galette. A Pest, dans un environnement gneisso-granitique, les deux groupes métasédimentaires de Saint-Siméon, et de La Malbaie comprennent, par contraste, des bancs pen épais et de compositions variées. Les niveaux de quartzite dépassent rarement 50 m d'épaisseur. L'autre groupe metasédimentaire, celui de Saint-Tite des Caps, recoupé de nombreuses intrusions charnockitiques et granitiques, ne possède que de minces niveaux de quartzite. La pureté et la grande épaisseur des quartzites de La Galette suppose une histoire complexe qui se termine par des depots continentaux de climat aride, par opposition aux depots marins des autres groupes. D'autre part, la presence de ces quartzites an sein de roches Presque anhy¬dres et de haute temperature que sont les charnockites leur confère des caractéristiques de fusion sans decrepitation. Parmi la multitude de depots de quartzite qui existe clans le monde, peu sont de qualité supérieure. Or, de par sa composition chimique, le quartzite de La Galette se compare avantageusement à ceux des meilleurs gisements des Etats-Unis, de l'Europe de l'Ouest et de l'Afrique du Sud. D'accès facile pour l'exploitation, les gisements ne sont qu'à une trentaine de milles de Baie Saint-Paul ou de La Malbaie, sur le Saint-Laurent. L'utilisation en metallurgic prévue pour le quartzite de La Galette comprend la production de silicium, de ferro¬silicium et d'autres alliages de silicium. La composition du quartzite est en outre appropriée pour la production de carbure de silicium et de silicate de sodium. Les fines peu¬vent être utilisées pour la fabrication du verre et comme matière de charge.

Jan 1, 1977

By David Morrison

Our present longwall problems in Cape Breton can be grouped under five main classifications. These are: (1) Roof control on the face and on the main roadways leading thereto. (2) Transportation of coal along face and levels. (3) Mechanical loading at the face. (4) Safe method of conducting and applying power at the working faces. (5) Dust nuisance. The usual layout for longwall operation in Cape Breton is to have three, and sometimes four, faces in line with each other, the length of face being from 400 feet to 500 feet (see Figure 1), and producing between 425 and 500 tons per face. Each wall is serviced by a well constructed roadway for transportation of coal, men, and materials, and is operated as an independent unit. Each wall works under a regular cycle of operations: first, cutting and boring; second, drawing hardwood chocks, building midwalls, and shifting panlines; and third, loading. The present method of roof control and operation of longwall faces has developed through trial and error since the commencement of longwall miring in Cape Breton. The basic method of roof control in all longwalls in Cape Breton is: rigid support of the roof in the immediate vicinity of the working faces by hardwood blocks, as shown in Figure 2, accompanied by a cushion support furnished by continuous midwalls, 12 feet wide, constructed of stone obtained from the waste and spaced at 50-foot centres. These midwalls are kept forward to within 4 feet to 10 feet of the working face and allow a gradual subsidence of overhead strata, thus preventing any sudden break at the working face.

Jan 1, 1947

By J F. Davies

A review is presented of the fundamental differences between the Superior and Churchill geologic provinces. Structure, lithology, grade of metamorphism and a single recent age determination suggest that the Flin Flon -Snow Lake and Lynn Lake belts are remnant blocks of originally Superior rocks lying within the Churchill province. Major mineral belts occur along the main boundary between the Superior and Churchill provinces (the Thompson -Moak Lake nickel belt) and within the remnant Superior blocks inside the Churchill province (Fiin Flon -Snow Lake and Lynn Lake). During the Hudsonian orogeny, metamorphic gradients must have existed across the Churchill-Superior boundary and between the remnants of Superior rocks and the enclosing gneisses of the Churchill province. It is possible that not only the unusual nickel deposits of the Thompson belt but also the base metal deposits of the Flin Flon -Snow Lake and Lynn Lake districts are due to redistribution, or diffusion and migration of metals to areas of lower-grade metamorphism during the Hudsonian orogeny.

Jan 1, 1964

By Heidi Fauser

The aim of the project was the development of an electroforming process for the production of medical implants out of gold. To prove the applicability of this technology, tympanostomy tubes were chosen as demonstrators. These barbell-shaped tubes are usually produced mechanically; of silicone or, for higher therapeutic demands, of metal ? gilded silver or gilded stainless steel. Gold electroforming of the tubes as an alternative manufacturing process would reduce the expenditures for the mechanical preparation and lower the corrosion susceptibility significantly. To obtain electroformed gold tubes of the desired shape, the following steps are necessary: fabrication of a negative template by drilling holes with countersinks in an insulated aluminium sheet, electroforming process, removal of the aluminium by using a sodiumhydroxide solution. For the optimisation of the shape and surface quality of the tubes respectively the simplification of the manufacturing process, various parameters were tested, e.g. aluminium quality and sheet thickness, type of insulation layer, substrate processing, hydrodynamic conditions, type of electroforming electrolyte, electrodes position, etc. The manufactured tubes were characterised in view of thickness distribution, hardness, surface roughness and purity in comparison to mechanically produced reference tubes. From the results obtained during the project it can be concluded that electroforming processes can be easily adopted for the manufacture of medical implants. The time-consuming electroforming process is by far compensated by the simultaneous production of an arbitrary number of implants.

Oct 1, 2003

By J. Holder

"A key barrier to vertical mineshaft construction is the construction access required for workers. A suspended work stage is used to provide this access for the mechanical, electrical and structural applications and other tasks. Work stage design is complicated considering the numerous types of construction activities that are executed simultaneously, the confined environment in which the work stage operates, the significant corrosion attack that is present, the weight limitations imposed by the mechanical hoist systems, and the risks associated with worker safety. Also complicating the design, these structures and their construction environment can vary with time. Hence, they can be described as 4D structures. The author has discovered significant synergies and advantages with integrating engineering design with detailed three-dimensional (3D) fabrication design. The significant reduction of minor design errors needing field correction will be underscored. The tender process is also accelerated since the design output is fabrication shop drawings including a detailed quantity takeoff output which lists each component required and its specific quantity. The paper presented will document the numerous advantages to the project using this approach. INTRODUCTION A key barrier to vertical mineshaft construction lies in the access for the workers to execute the construction. Suspended work stages are used to provide this access for the mechanical, electrical and structural applications as well as other tasks. The design of such work stages is complicated considering the numerous types of construction functions that need to be executed simultaneously, the confined environment in which it operates , the significant corrosion attack that is present, the weight limitation imposed by the mechanical systems for suspension, and the risks associated with worker safety. Also complicating the design, these structures and their construction environments can vary with time. They can be described as 4D structures with the fourth dimension being time. This design is a time consuming process. The post tender award is meticulous and requires strong teamwork between the steel fabricator and the consulting engineer. This teamwork may or may not be present and is dependant on the experience and relationship the team members have working together as well as other factors."

Jan 1, 2019

By S. Kodama, G. Sasaki, K. Matsugi, K. Sugio, Y. B. Choi

"Pure aluminum (Al) matrix composites with changing the volume fraction of TiB2 particle content from 10 to 30% was fabricated by spark plasma sintering (SPS) process. Then the microstructure, density, dispersibility and thermal conductivity of the composites was estimated. As increasing TiB2 content, the dispersibility of particles and the density of the composites degraded slightly. And, the effect of the dispersibility of TiB2 particles on the thermal conductivity was quite little. The thermal conductivity of the composites was less than the theoretical value calculated by Maxwell-Eucken equation considering the effect of the density. It is due the influence of the interface heat transfer rate, because these composites have many small sized particles and have high interface density.INTRODUCTION Recently, metal matrix composites (MMCs) have been used widely in electric / electronic components, architectural materials, transportation equipment, aerospace and a precision instruments, because it’s superior properties have been greatly watched. Demand of MMC for industrial use has been increasing gradually. Furthermore, multifunction properties are required for the composites strongly. By integrating the dissimilar materials, the composites have various properties that we cannot get from monolithic materials. On the other hand, the response to the thermal management is required for materials, recently, and the need for the structural material controlling the thermal conductivity has been increasing. Especially, superior thermal conductivity and good mechanical properties from room temperature to high temperature are required for heat sink and heat exchanger at the same time. In late years, a study on the composites combining carbon materials and aluminum and copper has been developing, and actually the composites with high thermal conductivity which is not provided in the conventional materials is developed. On the other hand, non-oxide ceramics particles such as SiC and AlN, TiB2 have good thermal conductivity. Particularly, as TiB2 has good electrical conductivity, TiB2 containing MMCs is expected as innovative materials used as electric/ electronic components. Furthermore, as TiB2 has low density, high melting point, low thermal expansion and good deformation resistance, the development of high performance composites with multi-functional properties is expected. As thermal conductivity of pure Al and TiB2 are 225 and 66.4 W/mK, respectively, it is expected that the degradation of thermal conductivity by adding dispersant in Al matrix is suppressed. The authors have carried out a thermal conductivity, electrical conductivity, mechanical properties of 20 vol.% TiB2 dispersed Al composites (Sugio, 2016, Sasaki, 2016). In this study, the influence of quantity of addition of TiB2 on microstructure, thermal conductivity was studied minutely."

Jan 1, 2018

By Himmelman. Nicholas P.

In this paper, the hardware foundations and data collection methods of a real time collision avoidance system for electric surface mining rope shovels are described. The primary goal of the system is to help a shovel operator avoid accidentally colliding the shovel?s dipper with either a nearby haul truck or the shovel?s tracks. To achieve this goal, the system requires complete and precise knowledge of the shovel?s geometry and movement, as well as the location of any nearby haul trucks. This paper describes the subsystems created to acquire this necessary information. This system is unique in that all of its components are mounted solely on the shovel and that it is designed to be easily retrofitted to a shovel without significant modifications.

Oct 1, 2009

By T. Patching

"MINING operations at the Star Key Mine provided an example of a small-scale prairie-type coal mine that employed several interesting procedures and achieved good productivity with low capital expenditures. The mine was located about 11 miles north of the city of Edmonton, on the north side of the Sturgeon River valley. It opened in 1945 and operated until 1979. Output in the winters reached about 500 tons a day in the late 1940s, but in the spring and summer periods activity was usually limited to only servicing and development work. In the later years of the mine's life sales fell to less than 100 tons per day. Most of its output was bought for domestic use in furnaces and stoves so production of large sizes was desired. A modest market for stoker coal did exist for a time. Screenings (-5 / 8 in.) were sold to the city's power plant until it converted to natural gas and were also used for thawing frozen ground for work on pipelines. These markets were comparatively small and the small sizes did not command as high a price as did the larger sizes. However the extension of natural gas services to rural markets cut into the domestic heating market and finally led to closure of the mine. The coal was strong when freshly mined, but because of its high inherent moisture content, about 25%, it did not store well on surface but tended to disintegrate. It was of subbituminous Crank with a heating value of about 8000 Btu per pound and burned with a clean flame. The seam mined was in the Edmonton Formation, of Upper Cretaceous age, at a depth of 60 to 80 ft below the surface. The seam in the mine area was about 11 feet in thickness but thinned gradually to the north and south and split to the west (1). It was approximately horizontal but gentle rolls in the floor of several feet in height necessitated brushing in places to produce suitable haulage grades. The floor material was of bone and clay, overlying a thin layer of coal. Above the seam there were only a few feet of mudstones and weak sandy shales while the remainder of the overburden was clay and unconsolidated glacial till and surface soil. Because of the soft floor and weak roof material the miners usually left about a foot of coal in the floor to provide a firm working surface and about a foot of coal above the rooms and two feet of coal above the entries to provide a competent roof."

Jan 1, 1985

By Libao Zhu, David J. Williams, Nazife Erarslan

"Statistics show that the drawbell in underground mines is usually subjected to significant damage by impact loading due to falling ore. Drawbell damage causes a large quantity of residual ore to remain on the drawbell, thus leading to a huge waste of ore resources. In this study, the Cavity Monitoring System (CMS) and Surpac software were employed to visualize the 3-D damage. Also, the Discrete Element Method (DEM) was employed to perform simulations of the falling ore to investigate the damage evolution of drawbells under repeated ore impact and obtain the dynamic damage accumulation mechanism. The reason of drawbell damage was found due to the micro-shear cracks. The numerical simulations of a drawbell damage process under repeated impact loading showed the main failure type was shear failure and this type damage was found increasing with more ore falling. INTRODUCTIONDrawbells are an important part of underground mines and play a significant role in ore recovery in terms of safety, economy and efficiency (Brunton et al., 2010; Hustrulid & Bullock, 2001; Trueman et al., 2002). In most cases, blasted ore is gravitated along the drawbell and finally arrives at the footwall of the drawpoint. However, some of the blasted oversize ore blocks clog the drawbell road and those ore pieces are called hang ups (Penswick, 1997). However, any damage on a drawbell is believed to be the reason for these hang-ups. In the literature, researchers have reported that the stability of the draw-point is influenced by the stress distribution above and near the drawbell (Butcher, 1999; Neverov & Neverov, 2013). Much research in the literature has been done on draw-points in underground mines. In fact, rockfalls cause very serious damage on a small impact area in a very short time (Volkwein et al., 2011). Hoek (2000) pointed out that the blasted ore causes progressive ravelling and even collapse of the drawpoint, thus the ore in the stope is abandoned. In this paper, the Cavity Monitoring System (CMS) was employed to obtain the damage profile of a drawbell due to the impact of rockfalls and to confirm the residual blocking ore on the damaged drawbell. Then, the drawbell damage evolution due to repeated falling ore was simulated by the Discrete Element Method (DEM)."

Jan 1, 2015

By John Porritt, Alain Dorval

"TioMin Resources Inc. is evaluating the feasibility of exploiting the heavy mineral sands deposit at Natashquan on the north shore of the Gulf of St-Lawrence, Quebec. TioMin holds the exploration rights to 180 square kilometres, on which 1.6 billion tonnes of sands grading approximately 6% heavy minerals were outlined. The heavy minerals of value include magnetite, ilmenite/hematite, garnet, and zircon. An important part of this evaluation is the development and testing of a mineral separation flowsheet. Under a comprehensive mandate from TioMin, the Centre de recherches minerales (CRM) provided technical assistance to build and operate an on site primary concentrator pilot plant. This plant produced a 93 tonne concentrate, providing over 60 % heavy minerals. This concentrate was shipped to the CRM pilot plant in Quebec City. It was used for further flowsheet testing and for preparation of products and concentrates of heavy minerals with regard to marketing possibilities. This paper presents the flowsheet developed to produce these concentrates.IntroductionIn late 1992, an 11 tonne bulk sample of sand was collected from within the mineralized zone of the Natashquan deposit. This sample was processed over conventional spirals and wet tables at the pilot plant facilities of the Centre de recherches minerales (CRM) in Quebec City. A primary concentrate was produced, from which several 20 kg samples were forwarded to five research laboratories in North America and in Australia. Their tasks were to determine the mineralogical composition of this concentrate and the potential for recovery of marketable minerals from the heavy mineral sands. Satisfactory results obtained from this approach encouraged TioMin to proceed with a more detailed pilot plant program."

Jan 1, 1995

By DAVID C. MILLER

Barite deposits occur worldwide and in a variety of geological environments. In recent years, several deposits of barite and barite-lead-zinc have been discovered in northern British Columbia, Yukon Territory and Alaska. Most are associated with Devonian-Mississippian age sediments, and many are syngenetic, bedded-type deposits. The Mel is a barite-lead-zinc deposit; it lies within Lower Cambrian strata and appears to be of epigenetic replacement origin. Figure I is an aerial view of the property from the south. Observations herein described are based largely upon field work, megascopic studies and two recent B.A.Sc. theses (Biasucci 1979, Rennie 1979).

Jan 1, 1984

By A. Jafarnia

Aluminum alloys are frequently grain refined during solidification in order to promote the formation of an equiaxed grain structure in the casting. The application of Ti-based grain refiners and/or Ti containing master alloys for improving mechanical properties may result in formation of Al-Ti based intermetallics. Although the grain refinement produces many desirable qualities in aluminum castings such as improved castability and mechanical properties, the addition of Ti to Al-Si foundry alloys may lead to the formation of some undesirable intermetallic particles such as AlTiSi and cause a number of operational problems such as nozzle blockage due to segregation and agglomeration of aluminide particles within the nozzle. There are several questions to be clarified when minor amount of Ti is added to Al-Si alloys. They include nucleation and growth of AlTiSi particles, their morphologies and orientation relationships with aluminum matrix and the dissolution of these intermetallics during the course of solidification and/or post solidification treatments. The current study was initiated to study the process and possible mechanism of aluminide dissolution and the related phenomena such as segregation and agglomeration. It reports the results found during reheating of laboratory prepared Ti-added A356 alloy at three temperature ranges of below solidus, mushy zone and above liquidus.

Jan 1, 2004

A Joint Venture between Hope Bay Gold Corporation and Miramar Mining Corporation recently acquired the Hope Bay project in Nunavut, which represents the first discovery of a major new Archean greenstone gold belt in Canada since the discovery of Hemlo in 1982 and the Yellowknife belt in 1938. Located some 685 km North of Yellowknife, the Hope Bay Belt is geologically comparable to the other major gold producing regions of Canada. The initial discovery of gold mineralization in 1992 led BHP to acquire virtually all of the Hope Bay belt. Over the subsequent 6 years, BHP expended C$85 million on exploration, including 180,000 meters of drilling, 2.3km of underground workings and a 27,000 tonne bulk sample, as well as extensive environmental and economic studies. Hope Bay Gold and Miramar acquired the Hope Bay property in December 1999 for a cost of C$27 million, considerably less than the C$85 million spent by BHP in exploring the property. They both hold 50% of the project, and share expenses equally. Hope Bay Gold is the manager of all exploration phases and Miramar will manage feasibility, construction and operations. The Hope Bay Joint Venture controls 1,117 sq. km., covering virtually the entire 80 km long Hope Bay and adjacent Elu greenstone belts. We believe that Hope Bay is one of the best-undeveloped gold projects in Canada. Work to date has defined a global resource in excess of three million ounces of gold in three principal deposits, each of which is open to extension along strike and to depth. A C$17 million work program for year 2000 focused on advancing a significant portion of the gold resource to a measured and indicated category. This will provide the basis for initiation of a feasibility study in 2001. The 2000 drill program was one of the largest undertaken in Canada last year, and is a clear indication of our confidence that Hope Bay will develop into a major gold producing district. The majority of the potential mineable areas known to date lie within 350m of surface and would be accessed through a combination of open pit and declines. Currently, development of a 1,800 to 2,000 tpd gold mine producing in excess of 300,000 ounces of gold per year at cash costs below $US200 per ounce is envisioned. In addition, the exploration potential on the 80 km gold belt at Hope Bay is clearly tremendous.

May 1, 2001