Meadowbank Gold Mine

The Meadowbank Gold Mine is a gold mine in the Kivalliq district of the Nunavut of Canada.

Contents

Discovery

Discovery of gold-containing Archean greenstone in the Baker Lake region were made in the 1980s. Asamera Minterals and Comaplex set out as partners in the project. The Third Portage deposit was discovered in 1987; this was followed by the discovery of the Goose Island deposit, and the North Portage deposit. Cumberland completed their acquisition of Complex's share in the discovery in 1997 taking sole ownership of the project. Since then three further discoveries have been made including the Vault deposit (October 2000), the PDF deposit (October 2002) and the Cannu zone (September 2005).

The entire area has probable gold reserves of 3.5 million ounces (29.3 million tonnes at 3.7 g/t) and is open on strike and at depth.

Construction

Construction of the mine was completed in June 2010.

See also

Sources and external links