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"Industry Guide 7 contains the Securities and Exchange Commission’s basic mining disclosure policy. It provides guidance for Registrants on various matters including the definition and disclosure of proven and probable reserves and the definitions of exploration, development and production stages. The definitions and disclosure instructions contained in this Guide apply to all public mining entities and their public disclosures. As NI 43-101 is law in Canada, the SEC allows mineral resources and mineral reserves prepared under CIM Definition Standards for issuers that are reporting in Canada but are also registered with the SEC. The SEC places conditions on the disclosure of these estimates. US shareholders are cautioned that the requirements under NI 43-101 and the CIM Definition Standards differ significantly from those of Industry Guide 7.Note: this Guide contains the Commission's basic mining disclosure policy. The definitions and disclosure instructions contained in this Guide apply to all public mining entities and their public disclosures pursuant to the rules of Regulation S-K. Questions regarding the application of these definitions and rules to specific situations should be asked of the Commission's mining engineers or geologists at either the Office of Engineering, Division of Corporation Finance, 202-272-3252, or the Branch of Geology, Central Regional Office, 303-844-1000.(a) Definitions. The following definitions apply to registrants engaged or to be engaged in significant mining operations:(1) Reserve. That part of a mineral deposit which could be economically and legally extracted or produced at the time of the reserve determination.Note: Reserves are customarily stated in terms of DoreD when dealing with metalliferous minerals; when other materials such as coal, oil shale, tar, sands, limestone, etc. are involved, an appropriate term such as Drecoverable coalD may be substituted.(2) Proven (Measured) Reserves. Reserves for which (a) quantity is computed from dimensions revealed in outcrops, trenches, workings or drill holes, grade and/or quality are computed from the results of detailed sampling and (b) the sites for inspection, sampling and measurement are spaced so closely and the geologic character is so well defined that size, shape, depth and mineral content of reserves are well- established.(3) Probable (Indicated) Reserves. Reserves for which quantity and grade and/or quality are computed from information similar to that used for proven (measured) reserves, but the sites for inspection, sampling, and measurement are farther apart or are otherwise less adequately spaced. The degree of assurance, although lower than that for proven (measured) reserves, is high enough to assume continuity between points of observation.(4)(i) Exploration StageDincludes all issuers engaged in the search for mineral deposit (reserves) which are not in either the development or production stage."

Jan 1, 2003

Innovation ? In economics a change must increase overall value, customer value, or producer value. ? Innovations are intended to make someone better off, and the succession of many innovations adds growth to the whole economy. ? Innovation may refer to both radical and incremental changes to either products, processes or services.

Feb 1, 2008

By E. H. Henderson

MR. R. V. NEILY stated that he had at one time operated at Goldenville. The practice and results are much the same now as in the olden days. Inside plates were then found to be a source of trouble and had been removed. At the Libbey mine, Queen's county, the sulphides carried considerable gold, and $45.00 to $60.00 per ton had been recovered from the concentrates by roasting and chlorinating. Later, concentrates were treated with bromocyanide. Following that practice, a cyanide leaching plant was installed, which did not require concentration of the tailings. Cyanidation brought a recovery of around 95 per cent, with but $300 worth of plant. In Nova Scotia, the ore of each locality presents an individual problem of its own as to treatment required. Ma. W. B. Timm stated that, in the majority of Nova Scotia gold ores, more than 75 per cent of the gold content is free-milling and, naturally, stamps are most efficient for collecting and amalgamating this gold. In Ontario and the West, they had got away from stamps, and perhaps the main reason was that the supply of battery-men, who came from Nova Scotia, had died off. Ball-mills had been installed, which required smaller space and handled large tonnage, even though, as far as amalgamation goes, the stamps were probably more efficient. If concentration is to be done, ore from stamps is usually in better shape for recovery in passing over the tables, as there is no slime. With the ball-mill, flotation is necessary. The better practice, undoubtedly, is to take out what gold is possible before it is all smashed up, as in the ball-mill, though recent developments in the ball-mill make it possible to trap and take coarse gold directly from the mill. In this way, cyanidation is speeded-up, due to saving of the time the coarse gold would take before going into solution. PROFESSOR A. E. FLYNN found it unusual in these days to read anything in favour of the stamp mill, and thanked Mr. Henderson for the excellent paper in which he upholds the stamps and backs his opinion with facts from actual operations. For the typical Nova Scotia ore, containing coarse gold, stamps are un¬excelled. It used to be said that the virtue of stamps is that they brighten the gold for amalgamation. Although this saying is almost classical, it is not true, for gold is never brighter than in the native, untouched state. Any hammering that gold gets makes it more difficult to amalgamate.

Jan 1, 1935

By A. B. Irwin

"Discussion at MeetingDR. D. DERRY (Ventures Limited) referring to the diagram (Figure 15) which shows a transverse structure section across the Central Slocan area, asked what the assumed structure at depth was, remarking that dips are steeper and more uniform at depth and that the contortions with gently-dipping axial planes are at higher elevations. He wondered whether the section represented ,part of a very large fold with steeply-dipping axial plane.MR. J. D. LITTLE (Canadian Exploration, Limited) replied that E. B. Mayo (Kelowna Exploration Company) and others had considered that the entire section illustrated faces to the southwest and represents part of the lower limb of a great overturned •syncline which is concave toward the southwest.DR. R. DEWIT (Geological Survey) remarked that the photograph of a ripple mark (Figure 7) showed internal lamination conformable to the ripple mark and wondered if the structure was not due to slumping during consolidation, since the normal mode of formation of ripple mark would seem to preclude the possibility of such internal stratification.MR. LITTLE remarked that in his opinion such structures should not be depended upon alone with-out other confirmatory evidence of the direction of tops of beds."

Jan 1, 1952

By S. H. Logan

The present discussions throughout the civilized world on the subject of gold for monetary purposes may seem due to general economic conditions during the past year. But for some years previously a small group of authorities had warned the world against the continued disregard of an equitable distribution of existing gold reserves, and had urged the necessity of keeping the supply of new gold equal to the monetary demand, which, according to world production and trade figures, increases on the average about 3 per cent per annum. In 1927, Sir John Aird, the President of The Canadian Bank of Commerce, stated that the United States could spare a billion dollars of the supply it then held, 4 ½ billion dollars. About a year and a half ago the Professor of Banking and Currency in the University of London, Mr. T. E. Gregory, said, "If the world finds it impossible to modify its habits so far as to make an organized effort to economize gold seem less Utopian, it must be prepared to pay for its bad habits, in this and other respects, by a possible loss of material welfare." These clear-cut statements were not heeded, perhaps for one reason because most countries were in the flush of prosperity, and making such great demands upon the mining fraternity for industrial materials as to distract attention, at least to some degree, from gold mining. Now the world knows it faces serious problems, first, of making? fully effective its present monetary reserves, which, although badly distributed, are as a whole ample for the needs of the present, and secondly, of preventing a shortage in the supply of new gold, one that may come within the next few years if the present sources of supply are not enlarged, and if there is no marked change in the technique of gold production.

Jan 1, 1931

By Y. O. Fortier

"ForewordTHE Arctic Archipelago and northern Greenland contain an orogenic region that is as much as 300 miles wide and over 1,400 miles long. It occupies much of what was formerly classified with the Arctic Plains and grouped with other plains and lowlands of Canada as one main geological division. It is proposed that this folded region be designated the Innuitian Region and be recognized as one of the main geological divisions of Canada.Canada's main geological divisions (see Geological Survey of Canada, 1947) have been considered as consisting of a central shield, largely surrounded by plains that separate it from eastern and western mountains. The plains include the Interior Plains, the St. Lawrence Lowlands, the Arctic Plains or Low-lands, and the Hudson Bay Lowland, which is in the central part of the Shield. Plains and mountains are, strictly speaking, physiographic terms, but because mountains are generally folded regions and plains are generally made of undisturbed strata, such terms are useful vehicles to express the fundamental make-up of the land. Nevertheless, it is preferable to use the terms Appalachian and Cordilleran 'Regions' rather than 'Mountains', as those geological divisions are not exclusively made of mountains.Because of the lack of more definite information, the 'Arctic Plains' have included, in the past, regions with plateaux two to four thousand feet above the nearby sea, mountain ranges reaching approximately 10,000 feet above sea level, and regions of folded strata."

Jan 1, 1955

By H. E. T. Haultain

Research is a much over-overworked word, sometimes a much abused word; the result of this has been that many who really need the word avoid it, shy away from it just as we do from that most useful word camouflage. We have not been altogether happy in our substitutes. Some years ago I spoilt a very good proposition by using the word investigation. There were those who thought that men and methods were to be investigated instead of simply processes. They expected disruption instead of co-ordination. The bad psychology up-set the scheme. The word experiment is even worse in its psychology. To the mind of the "practical" business man experiment denotes ignorance, waste of time and money and presupposes failure. It is not so long ago that the recognized way of improving the methods about a mine was to get a new manager. Until comparatively recently the average life of a boss in a mine in the West was under, rather than over, two years. Certainly was this the case in the smaller mines. Directors did not recognize that a cock-sure new boss was a greater experiment than a certain amount of feeling-his-way on the part of the old one. We always say that no two mines are the same but we are only now realizing to what extent the fine points of the game can and must be learnt on the job itself. One of the main differences between a small property and a large one lies in this study of the fine points of the game. In the early stages operation is the main point-get her going and keep her going.

Jan 1, 1924

By G. H. K. Pearse

Sulphur is derived from both 'voluntary' and 'involuntary' production. The former category includes sulphur obtained from elemental sulphur deposits and from pyrite and gypsumanhydrite deposits. Sulphur in the latter category is produced by pollution abatement at fossil Juel plants and from treatment of metallic sulphides. Canada is the world's largest sulphur exporter and third largest producer. Main resources of Canadian sulphur are sulphurous fossil fuels, metallic sulphides and native sulphur. Only the first two sources have produced sulphur in Canada 10 date; the first source accounts for over 85% of total Canadian production. Future sulphur sources will be derived increasingly through pollution abatement and decreasingly through voluntary production.

Jan 1, 1984

By John Lamb

"The French Mine (formerly the Oregon) is 4 miles by road south of the Nickel Plate Mine. It lies on the steep eastern slope of the Similkameen River valley at elevation 4,000 feet, between Cahill and Winters Creeks.The property was discovered in .1901 and bought 4 years later by Messrs. French and Deardorf. It was developed in a modest way by the owners and by several companies until 1947, without success. The spectacular showings of bornite and chalcopyrite in the outcrop drew attention to its possibilities for copper rather than gold. Diamond drilling by the owners in 1947 yielded several high-grade gold intersections and created new interest. In 1949 the property was purchased by Kelowna Mines Hedley Limited. Exploration drilling and geological mapping outlined sufficient ore to commence production in 1950. Except for a few months each winter the operation has been continuous, and to the end of 1954 had produced almost 30,000 tons of high grade ore. The ore is crushed at the mine and hauled 8 miles by truck to the Company mill at Hedley, where it is treated together with the ore from Nickel Plate.Regional GeologyThe country rock consists of brown tuff, flows, limestone, and cherty formations belonging to the Nicola group (Rice 1947) of Triassic age. West of and just below the mine is a large mass of granodiorite which is part of the same body that underlies Nickel Plate Mountain. Bedding attitudes in the mine area are locally complicated, but dips are generally less than 45 degrees. To the south and below the mine the beds stand almost vertical, continuing downward with this attitude for 2,000 feet to Winters Creek. The main granodiorite contact is also steep, conforming to the sedimentary formations, whereas northward towards Nickel Plate it dips gently to the northwest, slightly flattter than the thick westerly dipping pile of sediments above it. The interpretation of this structure by Billingsley (1936) is that the French mine lies near the crest of the large northeasterly trending asymmetrical anticline which contains in its gently dipping western limb the Nickel Plate orebodies. The granodiorite body conforming roughly to this shape seems to occupy the core of the anticline. Sill-like prongs of granodiorite extend upward to the east from the main mass, outcropping over wide areas at the head of Winters Creek (Figure 1). There is a possibility that overthrusting from the west, similar to that on Nickel Plate Mountain, occurs not far below the French mine.An interesting feature of the granodiorite-sediment contact is that where it dips gently westward no alteration exists in the sediments, but where it has a steep front pronounced heat effects are indicated by the presence of a thousand-foot-wide zone of reddish garnet skarn."

Jan 1, 1949

By W. P. Corking

"The purpose of this paper is to describe the relationship of the goldbearing ore to structure at the Pickle Crow mfoe. Information beyond this scope may be found in the reports and papers of Hurst( l), Bothwell(2), Thomson(3) , and Monette( 4).The property lies on Crow river, in Patricia district, 80 miles northeast of Allanwater, and about 125 miles northeast of Sioux Lookout on the Canadian National railway. From April of 1935, when the mill began operation, to the end of 1944, a total of 564,890 oz. gold and 49,275 oz. silver were recovered from 958,416 tons of ore.Mining on the property is at present carried on in two separate orebodies, the Howell and the No. 2 vein. Stoping has been carried on from every level on the Howell vein to a depth ot 2,450 feet below the surface and from several levels on the No. 2 vein through a mile long cross-cut on the 750-foot level to the Howell vein workings. A steadily increasing volume of ore is being obtained from the No. 2 vein.Each of the two orebodies consists of vein quartz with small amounts of other gangue minerals either in a single vein or a stockwork of veins. Both lie within sheared walls and carry gold in the free state. Fig. 1 shows the position of the veins with respect to the surrounding rocks. It will be noted that the delineation of the beds of iron formation shows that the lava flows and minor, interbedded sediments that make up most of the country rocks are areally folded and contorted.STRUCTURENearly all gold found to date in sufficient quantity and concentration to make ore in the Pickle Crow area is confined to these major quartz veins . Both strike a little north of east and dip north, and in both cases the attitude of the enclosing rocks is somewhat more north of east in strike and more steeply north in dip than that of the veins. As a result of this disposition both veins migrate across their enclosing rocks at a moderate angle in both dip and strike. (In this connection it should be noted that No. 2 vein dips at a considerably flatter angle than its host rock, but has a very pronounced rake to the northeast, effecting the same result as in the Howell vein.)"

Jan 1, 1954

By R. A. Elliott

This paper describes the development of an infra-red ore dryer at the Mines Branch. The dryer utilizes an infra-red heat source mounted over a stainless-steel belt to dry ores and concentrates of varying particle size and moisture content. It has been found to ?be successful in meeting Mines Branch requirements of minimum dusting loss and ease of cleaning to decrease ,contamination between various batches of dried products. It is described with the hope that it might .prove useful in other laboratories where there are similar problems. It might have an application in the drying of concentrates containing high values where dust losses would result in a considerable loss of revenue; also for small batches of material or an intermittent drying problem.

Jan 1, 1958

By H. G. Ames

"The property of Perron Gold Mines, Limited, lies in the southwest corner of Pascalis township, northwestern Quebec. It is approximately 12 miles northeast of the town of Val d'Or.This ground was originally staked by Jack Mathews of Amos in the spring of 1931. Shortly after staking, a quartz vein containing visible gold was uncovered on the south boundary of the property, about 400 feet south of the present shaft. With further prospecting, another spectacular goldbearing vein was found 3,000 feet northwest of the original showing. Subsequently, several programmes of exploration were carried out in search of the main ore zone. By 1933 sufficient ore was outlined to warrant sinking a shaft. The first ore was milled in 1934.Total production from the Perron mine from commencement in 1935 to 1944 has been 317,900 oz. gold having a value of $11,935,106. The average recovery a ton for 1944 was $9.01."

Jan 1, 1954

By J. Olaf Sund

"THE November issue of the Bulletin carried in it ""Origin of the New Bruns1viclc Gypsum Deposits"" by J. Olaf Sund. This paper was a digested account of a Master's thesis at the University of New Brunswick which was a very useful compendium of information of gyp-sum in New Brunswick. It was a warded the President' s Gold .Medal and the First Prize in the Graduates' Section of the Students' Essay Competition. The present writer presents his congratulations to the winner of the competition. At the same time he must comment on the use of certain terms and on certain conclusions presented in the paper.The term ""unconformable"" has been used in several places in the paper to describe the relationship of gypsum to anhydrite in various deposits in New Brunswick in a sense which is quite alien to the accepted meaning. It has long been known tl1at the gypsum at the surface or near the surface in deposits in the Atlantic Provinces has come from hydration of anhydrite by surface and ground waters. The gyp-sum must be looked upon then as an alteration or even a weathering product. It cannot in this sense be called ""unconformable"" and thus arguments using the word in the accepted sense are invalid."

Jan 1, 1960

By Forrest A. Kerr

The subject of the Coast Range batholith and its eastern contact zone needs no introduction to British Columbia mining men. Because of its reputed potentialities, this zone has aroused much interest. Because it has touched the pockets of the people by actually producing dividend-paying mines, it has been able, more particularly in certain isolated sections, to retain and accentuate that interest. However, the Stikine River section of the zone has never had the good fortune to have a mine developed, which, through profits or lack of profits, could create such interest. The Cassiar district, beyond the Stikine River area, has been a lure to the prospector for over half a century and was still strong enough in the last few years to attract close to a million dollars in capital and labour. All of this has passed through the Stikine river area, has looked at it, and ignored it. Sufficient interest has never been aroused in the area to bring forth an effort to see what is there, in spite of the fact that it belongs to the same zone in which some of our richest mining camps are located. Because the contact zone of the Coast Range batholith has long been recognized as an ore producer of considerable potentiality, the Geological Survey some years ago formulated a plan to map as much of this area as possible in order to assist in promoting its development. This plan has been furthered during the last fifteen years whenever opportunity presented itself, until today a fairly large part of the area has been covered. The work which has been done on the Stikine during the last two years is the beginning on what is the largest remaining gap in the general plan.

Jan 1, 1928

By G. Vibert Douglas

It has long been recognized that there are considerable difficulties connected with the physical and chemical explanation of shoots of ore. The literature of Mining Geology has frequent references to this subject; but the reasons given for the actual location of primary ore-shoots have been very tentative. In practice, the geologist or miner depends to a great extent on sampling and assaying to determine the boundaries of profitable ore within the mineralized zone. An ore-shoot is a portion of a mineralized zone which has a sufficient concentration of valuable minerals to make it ore. Ore deposits have been classified according to many schemes. There are classifications based on morphology and on genesis. However, it is also possible to classify hypo-gene hydrothermal ore-bodies in terms of ore-shoots or vice versa. A.-Ore-deposits in which the whole of the mineralized zone is ore, which is the same as saying that the ore-shoot extends throughout the mineralized zone. An example of this type of deposit would be the pyritic mineralization of Rio Tinto. B.-The second type would comprise those deposits in which the ore-shoots bear some relation to the geological structure of the area: all deposits in which 'bonanzas' occur in folds in the zone, at the intersection of veins along certain fault (or joint) features and other such controls. There are a great many examples of this type: (a) The Rhodesian copper lodes, where Bancroft and Gray have pointed out the association of the shoots of ore with drag folds. (b) A similar association has been pointed out by Faribault for some of the gold veins of Nova Scotia, e.g., Mount Uniacke. (c) The great bonanza of the Comstock lode in Nevada. C.-Deposits in which the localization of ore has been effected by the chemical character of the wall-rock. Examples of this type are the Fahlbands of Scandinavia, and the 'indicator' deposits of Ballarat, Australia. D.-Lastly, deposits in which there is apparently no structural and no chemical control.

Jan 1, 1934

By George Booth

In mining operations the cost of timber is an item of much importance, because the life of mine timbers is, in many cases, very short and, as the supply of the better grades becomes depleted, less durable kinds must be used. This, of course, tends to shorten still further the period of service-ability. While it is possible that concrete and steel may, to some extent, take the place of timber in mines, their high initial cost and the difficulty in installation will greatly restrict their use. Moreover, wood, besides being comparatively cheap to handle, possesses other desirable qualities, and for many purposes a satisfactory substitute is hard to find. Both the decreasing supply and the increasing price of timber make its more efficient utilization imperative. AGENCIES DESTRUCTIVE TO MINE TIMBERS Timber used in mines is exposed to destruction from many sources. Wear, breakage, and waste are responsible for much loss. Wood rollers and drum laggings must be frequently replaced on account of the constant wear by ropes. Unprotected timber in chutes and mills is also rapidly worn by abrasion, and track ties in main haulage ways get worn by the feet of mules, cut by ropes, etc. Large amounts of timber are broken by 'crush' and 'squeeze,' and much temporary timber is buried beyond all recovery in pillar workings and in those mines which resort to back filling. Decay and insect attack, however, cause the greatest damage. If not totally destroyed by one or both of these, the timbers frequently become so weakened that they break under the pressure upon them.

Jan 1, 1926

By Russell Spry

THE cyanide plant of the Cariboo Gold Quartz Mining Company, Limited, at Wells, B.C:, in the Barkerville section of the Cariboo mining division, was erected during the latter part of 1932 and placed in operation in January, 1933. The initial capacity of the plant was about 50 tons daily. This was increased to 100 tons at the end of 1934 and stepped-up to 150 tons in September, 1935. It is expected that further plant extensions, for milling a total of 200 tons daily, will be required during the early part of 1936. Recent additions to the mill have been so planned as to permit ready expansion to 275 tons daily when underground development warrants the milling of this tonnage. It is the purpose of this paper to outline briefly the steps taken to bring the plant to its present capacity and to comment on possibilities for further plant expansion. The gold in Cariboo Gold Quartz ore occurs as free gold in the quartz and on pyrite surfaces. Some of it is very finely divided, specks l/10,000 inch having been observed microscopically, according to Dr. G. Hanson. In addition to pyrite, which comprises probably 15 to 20 per cent of the mill feed, galena and sphalerite are present, with small amounts of arseno-pyrite and chalcopyrite. Sulphobismuthites-chiviatite, galenobismutite, cosalite, etc.-occur more or less frequently in certain sections of the mine. Following tests on Cariboo ore by the Mines Branch, Department of Mines, at Ottawa, treatment of the ore by straigh t cyanidation was recommended and a 50-ton plant employing continuous counter-current decantation was erected. This plant was built as a pilot mill, the intention being to erect a larger mill after metallurgical treatment had proved successful over an extended period. This original installation, however, has been enlarged and retained as an operating unit, additional equipment being added to it as capacity increases have been required.

Jan 1, 1936

By John S. Stevenson

The Twin ''J' mine is on mount Sicker; 8 miles by road northwest from Duncan; on Vancouver island. It includes the old Lenora; Tyee; and Richard III mines; formerly under separate ownership but now under the single ownership of Twin "J' Mines; Limited.

Jan 1, 1954

By P. J. Mackey, Elsie Kossatz

The small town of Bruce Mines lies a few miles east of Sault Ste. Marie, Ontario on the north shore of Lake Huron. This was the site of the first copper mine. This copper smelter used a reverberatory furnace, based on the Welsh process, and operated in the period of 1849 to 1850, when the plant was destroyed by fire. During the period of 1850 to about 1869, crushed and sorted ore was shipped to England and later to the United States. In 1869, a roastleach plant, based on the Henderson Process, was constructed at Bruce Mines and was operated until about 1872. This short article describes the early development of this historic operation. Although the rich copper ore found in the vicinity of Bruce Mines was known to the Indians, its discovery in or about 184 7 was credited to Mr. Keating, who named the area Bruce in honour of Lord Elgin (James Bruce), Canada's Governor General. In 1848, the property was acquired by the Montreal Mining Company for 40 000 pounds sterling and the company immediately sent a small party to investigate the deposit. The party sank a shaft on a lode within a hundred yards of the lake and also reported two adjacent lodes farther inland, which were left undeveloped until the turn of the century. Initially, the foundation of the headframe and hoist was built above the frost line and when the machinery was set in motion it collapsed. Eventually, the shaft was to reach a depth of 300 feet. By 1849, the property was well established and the small settlement consisted of 77 miners, 65 labourers, 4 boys, 11 tradesmen, including blacksmiths and carpenters, 2 mining captains, 1 engineer, 2 clerks and 1 superintendent. The community, including the workers' families, numbered about 250.

Jan 1, 1999

By W. H. Hastings

Introductory In the amount of her coal reserves, Saskatchewan ranks third among the provinces of the Dominion, with a total, as estimated by D. B. Dowling, of 59,812,000,000 tons. All the coal so far discovered in the Province is lignite, and it would appear unlikely that bituminous or higher grade coals exist. General Occurrence of the Coal The location of the coal-bearing formations in Saskatchewan is shown on the accompanying map. It will be seen that the areas lie principally in the southern part of the Province. The more darkly shaded areas indicate locations where development is taking place, or where coal-seams are known to occur, either through outcrops in valley-sides or through having been encountered during boring operations. The coal-seams are not necessarily continuous throughout the shaded areas, but in all pans of these there are coal possibilities. It is quite possible that small outliers of the coal-bearing formations may occur further north in the Province, but, generally speaking, coal is not likely to be found outside the shaded areas.

Jan 1, 1929