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By Brian W. Mackenzie

The paper addresses five questions concerning the economic of gold exploration in the western Canadian shield. Can historical footprints be used to project future gold prices for exploration planning? Experience suggests that gold price forecast are too clo ely tied to current market events to provide meaningful guidelines. What range of breakeven gold price will typically be required to ju tify gold exploration in Canada? Minimum price requirements. initially asses ed at $540 to $1080 per ounce, probably lie in the range of $480 to $760 per ounce (expressed in 1985 Canadian dollar). Within Canada, what role do regional conditions and taxation policies play in determining the viability of prospective gold exploration targets? Striking interprovincial differences are found to exist, given the same geological circum tance -Nova Scotia, ew Brunswick, and Quebec rank towards the top in term of motivating exploration, Briti h Columbia provides the least investment incentive, while Saskatchewan and Manitoba place around the middle of the Canadian league. How can minimum acceptable tonnage-grade conditions for gold targets in the western shield be established and, then, constructively applied to provide exploration planning guidelines? Minimum target conditions, realis tically defined in terms of a broad band of doubt, can be used judiciously to help balance the direct costs of uneconomic exploration with the opportunity costs associated with rejecting economic deposits. How does the average cost per ounce of gold discovered in the western shield compare with the overall Canadian experience? Average discovery costs for the we tern shield, apprai ed at $100 per ounce, are shown to compare favourably with the Canada-wide record.

Jan 1, 1986

By M. Palfreyman

"Most of the minerals employed in Canadian refractory production are imported; in fact, most of the refractories consumed in Canada are imported. Whereas this situation is partly due to a definite shortage of suitable raw materials, e.g., fire clays, it is possible that the potential of certain mineral deposits which could be usefully exploited has not been recognized. There are exceptions, notably magnesite and dolomite, from which refractories are produced in Canada.In many cases, known mineral deposits are located either in inaccessible areas or in areas where transportation would be a major economic factor. This paper lists some minerals and their respective known deposits which could be employed in the production of refractories, irrespective of economics."

Jan 1, 1973

By K. J. G Hedges

"Once a health based guidance limits for exposure to diesel exhaust have been established, and as part of a multi-disciplinary team, the program for exposure reduction should incorporate the plan-do-check-adjust cycle. Setting a suitably protective (health based) occupational exposure limit (OEL) for diesel particulate matter (DPM) and nitrogen dioxide is a key driver to reduce exposure. It is important to go beyond regulations and reduce exposure to diesel exhaust, DPM, as low as reasonably achievable (ALARA) such as that prescribed under the Australia, Queensland Mining and Quarrying Safety and Health Regulation 2017 where under section 135 Limiting workers exposure, the workers exposure must not exceed the exposure limit applying to the worker for the hazard; and is ALARA. It appears that previously acceptable OELs are no longer safe. Therefore it is important that the internal responsibility system be implemented and the precautionary principle approach be followed, especially as it may be some time before a suitably protective OEL specifically for DPM is in place. One leading multi-national mining company BHP Billiton has acknowledged a significant lag that exists between regulatory action and the level of science that informs health risk. This company is managing exposure to diesel exhaust to as low as technically feasible. This same company that has set an interim target for managing diesel exhaust to 0.03 mg/m3 is achieving these levels which paves the way for other mining companies and general industry including construction. The Occupational Cancer Research Centre 2017 recommends reducing personal exposure to within 0.02 mg/m3 (EC) for underground mining and 0.005 mg/m3 for other workplaces. Controlling DPM is important to prevent cancer however it is also important that that nitrogen dioxide (NO2) be reduced (ALARA) and that careful selection of control technology be considered such as the proper selection of a diesel oxidation catalyst so that the level of NO2 does not in fact increase. The example from BHP Billiton provides a leading practice including using a multi-disciplinary approach and the importance of controlling emission at source and having an auditable diesel emissions based monitoring program in place."

Jan 1, 2019

By Oliver B. Hopkins

"WE HAVE patterned our lives on the things we take from under the earth's surface. Our civilization is built upon the ore from which we obtain our metals and the fuels which power the world as we know it.Today I should like to discuss with you a newcomer to the ancient mining industry. This lusty infant of which I speak is just a century old - the oil industry.While one doesn't commonly think of oil men as delvers in the earth, It was by sinking a shaft that the first oil was obtained commercially in Canada. Men sank a shaft in a ‘gum bed' in southwestern Ontario's Lambton county, not far from Petroilia, and distilled from the gum a burning oil That was just a hundred years ago. The gum was originally liquid petroleum which had seeped to the surface and lost most of its volatile components.Later, the miners dug down to •bed-rock and soon after they were not digging but were drilling wells, as they have been ever since. From the wells they obtained erode oil.What is crude oil? It is not an element like gold, silver or lead, •but a complex mixture of compounds. These compounds are made basically from two elements, carbon and hydrogen, and are called hydrocarbons (Figure 1).The remarkable ability of these. Two elements to combine in different ways gives crude oil its physical and chemical character. The lighter hydrocarbon compounds in it are gases, at normal temperature and pressure, and these are dissolved in the other, heavier compounds."

Jan 1, 1952

By Sylvie Poirier

This paper focuses on new developments regarding thermal rock fragmentation applications. The technology consists in a strong burner powered by diesel fuel and air. The thermal reaction, which is created, allows for the enlargement of 125-mm to 450-mm holes by breaking the rock in a spalling effect. It has been used for over 30 years in Russian open pit mining. Following an agreement between Dynamitage T.C.G. Inc. and the owner of the technology, major improvements have been brought to this technology, allowing for the fabrication of a prototype suitable for the Canadian industry. In Russia and Ukraine, thermal rock fragmentation is actually used to drill large diameter holes in surface mining. Upon having acquired a better knowledge of this technology, it seems that it presents a great potential for selective mining in narrow-vein operations, for either surface or underground mining. Rocmec International Inc., a subsidiary of Dynamitage T.C.G. Inc., and Natural Resources Canada are technical partners in the evaluation of the operational parameters and environmental aspects, such as gas, heat, dust and fog emissions. Furthermore, Canada Economic Development is a financial partner in this project. This paper presents the technology and its history. It also reports on the changes brought to the equipment to adapt it to North American environments. A summary of the tests realized since 1995 is provided, along with the main conclusions obtained. The anticipated applications for the use of this technology in both surface and underground environments are described, such as open pit mining, bulk sampling and narrow-vein ore extraction. An estimate showing a comparison between the thermal fragmentation mining concept and the long-hole mining method is presented and, finally, the future developments planned are listed.

May 1, 2002

By Thomas Clark

This report presents a review of the distribution and exploration potential of platinum-group elements (PGE) in Québec; it is based on published and unpublished analytical data. This qualitative evaluation of the PGE potential, whether in PGE-dominant deposits or in Ni-Cu-dominant deposits with co-product PGE, is based on interelement ratios such as Ni/Pd, Cu/Ir, Cu/Pt, and Cu/Pd. Good PGE targets, i.e., deposits associated with magmas fertile in PGE, are identified. Less favorable PGE targets, i.e., deposits associated with PGE-depleted magmas, are also mentioned. The importance of exploring for deposits similar to those at lac des Îles and East Bull Lake (Ontario) is emphasized.

May 1, 2001

By V. L. Gravitis

Radioisotope X -ray techniques of analysis for nickel have been tested in laboratory and plant trials. In the laboratory tests. a comparison was made of radioisotope and conventional analyses for nickel in solid s samples taken from streams of a nickel concentrator. Coefficients of variation of 1.7% for feed and concentrate samples , and equal to 10% for final tailing samples, were obtained. Continuous determination of nickel in final tailing slurries was demonstrated in a trial lasting 20 days at a nickel concentrator (Western Mining Corporation), nickel being determined with a standard error of 0.036% Ni in the slurry solids within the range of 0.24 to 0.68% Ni. This error, obtained by comparison of on-stream probe analyses with assays of samples taken from the stream, includes errors in sampling and assay by conventional techniques.

Jan 1, 1977

By P. Cheung, J. Gulyas, R. Clary

Over the past 50 years, the use of autoclaves in the metallurgical industry has evolved from final metal recovery (hydrogen reduction) and purification (sulphide precipitate oxidation) to treating whole ores and concentrates. Recent process developments, such as the use of autoclaves for laterite leaching, have necessitated higher temperature and pressure operations, which in turn have seen marked advancements in technology and manufacturing capabilities to keep in step with process demands. This paper will discuss the advances in technology in terms of design, materials and construction of autoclaves and liners, typical dip tube design and geometric layout. This paper will also address specific auxiliary equipment, such as acid and steam injection systems, and components, such as agitator seal systems.

Jan 1, 2004

By A. Lloyd, Montgomery, J. Jorgesen, W. J.

"Coals are ranked according to their degree of metamorphism or progressive change in the natural series from lignite to anthracite. The reader is referred to ASTM Standard D-388, ""Standard Classification of Coals by Rank"" for a detailed description of the system in use throughout North America including Canada.Fixed carbon and calorific value (expressed in Btu/ lb) calculated to the mineral-matter-free basis have been chosen as the main characteristics from which rank is established. Higher rank coals are classified according to fixed carbon content, lower rank coals according to the calorific value on a ""moist"" mineral-matter-free basis. Certain adjacent groups are differentiated according to their agglomerating (caking) properties. ""Moist"" refers to inherent moisture. Referring to Table 1, coals having calorific values greater than 14,000 Btu/lb on a moist mineral-matter-free basis and fixed carbon of 69% or more on a dry mineral-matter-free basis are classified according to fixed carbon. Coals having calorific values of less than 14,000 Btu/lb on a moist mineralmatter-free basis are classified according to calorific value on a moist mineral-matter-free basis. Agglomerating coals having 69 to 86% fixed carbon on the dry mineral-matter-free basis are classified in the low or medium volatile group of the bituminous class according to their volatile matter content. Agglomerating coals having calorific values between 10,500 and 11,500 Btu/lb are classified in the high volatile C bituminous coal group; nonagglomerating coals in the same calorific value range are classified in the sub-bituminous A coal group."

Jan 1, 1985

By H. A. Oaks

FROM 1921 to 1939, the aeroplane played an increasingly important role in Canadian prospecting and mine development. This service has been interrupted by the war, but undoubtedly it will be accelerated in the postwar years, if suitable aircraft are available. The purpose of this paper will be to review the uses to which the aeroplane has been put in prospecting and development in the past, and its future possibilities as an aid in prospecting. If by review, and deduction, we get a clear picture of what we expect the prospecting plane to do, we may be able to arrive at a very close approximation of its required characteristics and, from this, an idea of costs. 'Function' is defined as the mode of action by which it (the aeroplane) fulfills its purpose. We will endeavour, therefore, first to find what this purpose is, or should be, so that our expectations will not be too limited nor too great-and then find, by analysis, what performance we require in an aeroplane to meet our reasonable expectations at an economic price.

Jan 1, 1945

By E. Latorre, T. S. Golosinski

ABSTRACT; his paper proposes new methodology to define the pit limits that yield the maximum net present value (NPV) for a deposit, under a given economic scenario and for a given discount rate. The method uses an algorithm that combines dynamic programming and heuristics. It was tested for evaluating deposits with different sizes and various grade distributions. For the discount rate of zero, the results confirm that the economic pit limits are the same as that defined using Lerchs Grossman method. However, when discount rates higher than zero are used, the pit limits differ, yielding a higher NPV.

Jan 1, 2011

By P. D. Waters

"Mineral deposits are where you find them; they have no allegiance to territorial boundaries. Over the past decade much of the new investment in mining has been outside of continental North America, let alone Canada. The larger Canadian Banks have pursued this offshore business through their multi-national organizations; this reflects both the increasingly international orientation of today's business environment, and to a degree, the competitive advantage of these offshore developments.The current oversupply situation in mineral markets and the increasing maturity of the Developed World Economy reduces the need for new mining projects relative to growth' in GNP. Those that are brought on stream in the future due to their competitive advantage, will continue to be pursued by lenders and equity investors alike. IntroductionProspects facing those who search for mineral wealth were described rather well more than 200 years ago by a Scottish professor of moral philosophy, who also happens to be the father of modern economics.In search for new mines, Adam Smith wrote in The Wealth of Nations, ""there seems to be no certain limits either to the possible success or to the possible disappointment of human industry"".How true that statement remains today, where we are seeing economic cyclical problems compounded by basic fundamental structural change within the mining industry.Despite the enormous advances in earth sciences during the past two centuries, the rewards of mineral exploration still remain uncertain. Even though a promising orebody is found, ultimate profitability may still depend on the vagaries of the marketplace, where large and unanticipated changes in supply, demand and prices can play havoc with the best of calculations.The Canadian mining industry has had its share of disappointment during the past few years, with savage competition, shrinking demand, declining prices, and disappearing profits. But it has also had some share of success, such as at Hernlo, which now seems certain to provide some of the lowest cost gold production in the world"

Jan 1, 1986

By John Starkey

This paper examines 5 years of SAGDesign testing data with particular emphasis on the grinding test results from two recent projects, the Fortune Minerals Limited NICO project, and the Aurora Energy Resources Inc., Michelin deposits, located in the Northwest Territories and in Labrador respectively. The context is to compare these results with the SAGDesign database. The required SAG mill pinion energy for these two ores showed vast differences, even though both ores had similar average Bond Ball Mill Work Index values - about 13 kWh/t each for the two deposits respectively. Bond Rod Mill Work Index values for NICO ranged up to 19.7 kWh/t for the hardest ore, confirming the harder nature of the coarse material. SAG mill pinion energy to grind the NICO cobalt-gold-bismuth-copper ore from F80 152 mm to T80 1.7mm varied from 16 to 35 kWh/t, while for Michelin uranium ore, it varied from 2 to 9 kWh/t. NICO ore is harder than any other material encountered to date using SAGDesign testing. SAG pinion energy is more than double the ball mill pinion energy using a transfer size T80 of 1.7mm and a final grind P80 of 74 microns. For NICO, the ore is ?off the charts? for simulation design techniques because there is no comparable operating SAG mill treating ore that is this macro-competent. For Aurora, the relationship between SAG and ball mill pinion energy is reversed in that the SAG mill requires less than half of the ball mill pinion energy using a transfer size T80 of 1.7mm and a final grind P80 of 90?. Because these discoveries are so important for grinding mill design, their impact will be dealt with in future papers, at the August METSOC Conference in Sudbury, and at the September SME Workshop in Tucson. It has now been concluded that the ratio of SAG pinion energy to Bond Ball Mill Work Index, is valuable data to use in designing a SAG/ball mill grinding circuit, to help choose the power split needed.

May 1, 2009

By J. C. Gathje

Newmont&apos;s Phoenix Project is located near Battle Mountain, Nevada and is scheduled to produce copper concentrates containing high precious metal values. High temperature pressure oxidation (PDX) of the concentrates was considered as a treatment option during process development. The metals content in Phoenix concentrates range from: 15-25% for Cu, 1-10% for Zn, 0-2% for Pb and ?27% Fe. The precious metals content of the Phoenix concentrates can range up to ?300 g/t Au and >3,000 g/t Ag. As a consequence it was necessary that any process for consideration should have the capability of recovering both the copper and precious metal values. Typically, gold can easily be leached from the autoclave discharge solids, but silver is chemically bound with the jarosite formed and cannot be directly leached. Laboratory investigations led to the development of a patented PDX process that minimizes the formation of jarosite so that the silver can be leached easily along with the gold. The process was confirmed with extensive pilot plant testing. Excellent solution extraction of copper and zinc was achieved, and both iron and lead were precipitated in the PDX residue. The process produces clean PDX discharge liquors with very low iron concentrations. As an example, conventional PDX techniques resulted in pregnant liquors containing ?5 g/L Fe. However, the Newmont process, which controls the iron and sulfate species, achieved high iron precipitation in the PDX solids and pregnant liquors containing <0.5 g/L Fe. High gold and silver recoveries were achieved by direct cyanidation of the PDX solids. This process has the added benefit of producing PDX solids that demonstrate superior settling and filtration characteristics.

Jan 1, 2006

By K. J. K. Weglo, M. U. Savich

"At the Falconbridge Limited, Canadian Nickel Division, Sudbury Operations, we investigated the ""NO NOISE"" ear muffs model NN3-F which is a Swedish product with foam-filled sealing rings (the Hellberg Standard Volume Hearing Protector). It is used extensively at Falconbridge mines in Sudbury.The research which was carried out in the four Falconbridge mines was conducted under three different headings: manufacturer&apos;s attenuation data (psychophysical method), clamping force and head size (bizygomatic diameter), and attenuation tests (physical methods) under working conditions.Manufacturers of hearing protectors claim their products offer noise reductions of 23 decibels (NRR) or more, but they fail to point out that this reduction is obtainable only under ideal conditions. The reality of attenuation under working conditions, as several studies have found, is quite different.Methods for using short measurements to determine the noise exposure index, and for controlling muff-wearing habits, were developed at the Elliot Lake Laboratory. Measurements taken at Falconbridge on ""NO NOISE"" ear muffs revealed that they have a practical attenuation of some IO to 13 decibels. It is important to note here that measurements also revealed that clamping force (thus attenuation) was in an inverse relationship with ear muff comfort. Measuring attenuation using noise dosimeters was a difficult job. Not a single surveyor would accept these measurements (physical method) for absolute accuracy. Apart from that, it was impossible to measure, in one shift, more than two work stations. Because of this, we sought a solution: measuring head size and clamping force in relation to actual attenuations.A detailed analysis of the relationship between attenuation and head size/clamping force was done at four mines. Standard deviation ellipses (standard error ellipses) for head size versus clamping force are in close agreement with measurements that were carried out. In order to measure clamping force an apparatus was constructed and a method for measuring suspension system durability is described in Appendices Band C of this report. At the same time we sought to reduce deterioration of ear muffs in mines as well as to put in place a system whereby attenuation can be controlled and improved. The clamping force apparatus can be operated automatically. The proposed control system is quick, simple and efficient . This system is equally applicable in small and large mining operations, and it can be totally automated and the data computerized for audit of the results. This control system is a new step in controlling ear muff attenuation in working environments.From these measurements of NN3-F ""NO NOISE"" muffs it can be concluded that ear muffs are not the total solution to protect the worker from noise.As the results were evaluated folio wing measurement, Falconbridge switched from the NN3-F ""NO NOISE"" muffs to approximately 90% Mark V ""NO NOISE"" muffs and 10% Mark V MSA muffs. These new muffs showed much better head size versus clamping force relationship and can be expected to produce 14 dBA or better attenuation of noise. RESUMEUne étude des casques antibruit ""NO NOISE"" modèle NN3-F, de fabrication suédoise, avec anneaux d&apos;étanchéité en mousse (dispositif de protection contre le bruit ""Hellberg "" pour volume ordinaire)a été effectuée Ii la Falconbridge Ltd. , Division canadienne du nickel aux installations de Sudbury . Ces casques sont largement utilisés dans les mines de la Falconbridge Ii Sudbury.Cette étude aeu lieuen milieu de travail dans les quatre mines de la Falconbridge sous trois rubriques différentes soit: les données d&apos;atténuation du bruit du fabricant (méthode psychophysique), la force de serrage et la taille de la tète (diamètre bizygomatique), et les essais d’atténuation de bruit (méthodes physiques). Les fabricants de dispositifs de protection contre le bruit prétendent que leurs produits offrent une réduction du bruit s&apos;élevant Ii"

Jan 1, 1986

By K. D. Card, K. Howard Poulsen

Abstract - The Archean Superior Province craton and the Paleoproterozoic Penokean Orogen are major geological sub-divisions of the southern Canadian Shield and account for much of the metallic mineral production of North America. The Superior Province experienced a mainly Archean history involving several cycles of volcanism, plutonism, and tectonism, primarily in the Neo-archean but also including Meso-archean and Paleo-archean cycles as well. Superior Province consists of northern and southern high-grade gneiss sub-provinces and a broad central region of alternating greenstone-granite and metasedimentary belts. The sub-provinces may represent tectonic terranes assembled in the Archean by accretion processes similar to those of some Phanerozoic orogens. Most of the mineral deposits, including VMS, intrusion-related, and lode gold deposits occur in the greenstone- granite sub-provinces where they were formed in an interval of 100 million years or less around 2.7 Ga. The Paleoproterozoic Penokean Orogen comprises supracrustal sequences deposited in fault-controlled epicratonic and rifted margin settings developed on and about the Superior craton. Deposition of the ~2.4 Ga Huronian Supergroup and its paleoplacer uranium deposits in the eastern Penokean Orogen, and their pre-2.2 Ga deformation, were probably unrelated to the deposition of the ~2.1 Ga Marquette Range and Animikie groups and their major taconite iron formations in the west. However, these sequences were deformed together during the ~1.85 Ga Penokean Orogeny which resulted when an assembly of island arcs containing VMS deposits, the Wisconsin magmatic terrane, collided with the Superior block and its Paleoproterozoic cover. The Sudbury structure with its world class Ni-Cu-PGE ores was also formed at this time, possibly triggered by meteorite impact. Metallogenic patterns in the Paleoproterozoic rocks were controlled by a complex interplay of factors including tectonically controlled variations in deposition and deformation, distribution of mineralization in the Archean basement, and oxyatmoversion, the transition from anoxic to oxygenic atmospheric conditions that occurred during the deposition of these sequences.

Jan 1, 1998

By Steven Hart

In September 2009, Newmont began the commissioning of a 3 stage crushing and milling circuit at its Boddington Gold Operation in Western Australia. The Boddington ore has been recognized as one of the hardest and most abrasive ores treated to date and this played a pivotal role in the selection of crushing and HPGR technology for this operation as opposed to the more conventional SABC circuit. This paper will examine the scale up from laboratory to pilot plant and full scale operation of the crushing circuit. There have been many challenges to overcome in the first 18 months of operation; however, the HPGRs have in general met design expectations and performance is expected to improve further with ongoing design changes

Jan 1, 2012

By T. H. Patching

This paper provides a review of the available information on the origin and mechanisms of the release of gas from coal seams. With the opening up of new mines in Western Canada and the increased mechanization of underground coal mines, the study of gas emissions is of increasing importance in providing safe working places underground.

Jan 1, 1970

By J. Lapointe, S. Leger, D. Proulx

"Une méthode non-électrolytique est utilisée pour plaquer au cuivre la fibre d&apos;amiante chrysotite. En variant les paramètres de placage du bain, on détermine les conditions optimales du taux de deposition du cuivre . Une analyse par diffraction aux rayons-X permet une comp araison relative des résultats de placage et de précipitation d&apos;oxyde cuivreux dans Ie bain. Le traitement de placage a pour but d&apos;assurer une adhésion suffisante de la fibre dans une matrice métallique Iors de la fabrication éventuelle de materiaux composites.IntroductionCette communication se veut un compte-rendu de nos travaux sur Ie placage au cuivre de la fibre d&apos;amiante chrysotile, en vue de I&apos;incorporer éventuellernent dans une matrice métallique. La fibre d&apos;amiante est constituée de fib rilles élementaires d&apos;un diamètre d&apos;environ 0.02 um qui ont une résistance en tension de I&apos;ordre de celie de la fibre de verre ou de carbone(1). Pour être efficace, la fibre de renf&apos;ort d&apos;un matériau composite doit d&apos;une part, avo ir des propriétés mécaniques intrinsèques élevées, et d&apos;autre part, adhérer solidement â la matrice pour que Ie transfert de charge s&apos;effectue sans qu&apos;il y ait décohésion entre les composantes du matériau.La fibre d&apos;amiante étant naturellement soyeuse, il faut la traiter superficiellement pour que l&apos;adhésion avec la matrice soit suffisante. Ainsi, on recouvre la fibre de phénol-formaldéhyde(2) ou de silane(3) lorsqu&apos;elle est employée avec une matrice polymere. Dans Ie cas d&apos;une matrice métallique, ces dépôts organiques ne peuvent resister aux températures de mise en oeuvre, d&apos;où l&apos;intérêt de plaquer les fibres par un dépôt métallique.Dans cette étude, nous rapportons les résultats relatifs à la methode utilisée pour plaquer au cuivre la fibre d&apos;amiante chrysotile. Une analyse par diffraction aux rayons-X permet de comparer les différentes conditions de placage non-électrolytique."

Jan 1, 1985

By R. H. Watson

A paper read by J. A. H. Church before the Northern Alberta Branch last February described a method of working thick inclined coal-seams from the dip upwards, with the view to preventing fire risk by using water for the stowage of waste workings, and extinguishing a conflagration should such break out, was favorably received; but there was some doubt as to the cost of such a method, as it involves a retreating system, which might prove too expensive for practical adoption. Let us consider a typical leasehold such as we are familiar with in the Rocky Mountains. The leasehold is crossed at one end by a mountain river, which is cut by the outcrop of a seam of coal, 30 feet in thickness, pitching as shown on the drawing herewith, which also shows the general line of the outcrop in elevation through the leasehold, which is two and a half miles long and contains 1,500 acres. The average lift is about 600 feet above river level and drilling has proved that the coalseam can be tapped at a depth of 1,500 feet, 2,000 feet down the pitch from the outcrop in the river, all as shown in the illustration, which is typical enough of our mountain conditions to serve the purposes of comparison of methods. We take up the leasehold and invest $30,000 to pay for drilling and prospecting; $30,000 more for the price of the lease to locator or holder, and say $100,000 to pay for a railway spur (it might cost twice this sum, but we are only comparing two methods in the same location) and "now we are ready to consider equipment and the cost of development.

Jan 1, 1924