Guide to Mineral Deposits in the Northwest Territories

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Guide to Mineral Deposits in the Northwest Territories A GUIDE TO MINERAL DEPOSITS NORTHWEST TERRITORIES 2016 1 TABLE OF CONTENTS INTRODUCTION 2 SELWYN PROJECT 104 SUE-DIANNE 107 GOLD PROPERTIES 6 SUNRISE 109 BBB Claims 8 TERRA 111 BEAULIEU 10 THYE LAKE (NICKEL KING) 113 BUGOW 12 TURNBACK LAKE 115 BURNT ISLAND DEPOSIT 14 WRIGLEY PROJECT 117 CAMLAREN 16 CAMP LAKE 18 STRATEGIC MINERAL PROPERTIES 119 COLOMAC 20 BIG (MURPHY) 121 CON MINE 22 CANTUNG MINE 122 COURAGEOUS LAKE (formerly TUNDRA (FAT deposit)) 25 LENED 125 CRESTAURUM 28 MACTUNG 127 DAF 30 NECHALACHO 130 DAMOTI LAKE 32 RAYROCK MINE 134 DISCOVERY MINE 34 GAB 36 DIAMOND PROPERTIES 136 GIANT MINE 38 DIAVIK MINE 138 INDIN LAKE 41 EKATI DIAMOND MINE 141 JAX LAKE 44 GAHCHO KUÉ MINE 145 KIM AND CASS 46 AFRIDI LAKE 149 MAHE 48 BLUE ICE / VICTORIA ISLAND 151 MON GOLD MINE 50 CL 25 (CAMSELL LAKE) 153 MOSHER LAKE 52 CROSS PROPERTY 155 NICHOLAS LAKE 54 DARNLEY BAY 157 ORMSBY ZONE 57 DOYLE LAKE PROPERTIES 159 PTARMIGAN MINE 59 DRYBONES BAY / MUD LAKE KIMBERLITES 161 REN 61 HOAM Project 164 RUTH 63 KENNADY NORTH 166 SLEMON 65 MUNN LAKE / MACKAY LAKE 168 SUNSET LAKE 67 NICHOLAS BAY 170 TREASURE ISLAND 69 ROUNDROCK 172 WT 71 SNAP LAKE 174 WO Property and DO-27 177 SILVER AND BASE METAL PROPERTIES 73 YAMBA LAKE / TORRIE / TRICERATOPs 179 BEAR 75 BEAR-TWIT 77 APPENDICES COATES LAKE / REDSTONE 78 OTHER MINERAL DEPOSITS OF THE NWT 182 CREST 80 GLOSSARY OF ACRONYMS 183 DEB 82 LIST OF GOVERNMENT CONTACTS 184 ECHO BAY (PORT RADIUM) 83 SETTLEMENT AREAS AND ASSERTED TERRITORIES 185 GAYNA RIVER 85 GREAT SLAVE REEF 87 INDIAN MOUNTAIN LAKE (KENNEDY LAKE AND BB ZONE) 89 LIST OF MAPS IN THE NWT JAY 91 MAP OF GOLD PROPERTIES 7 NICO 92 MAP OF BASE METAL AND SILVER PROPERTIES 74 PINE POINT 95 MAP OF STRATEGIC MINERAL PROPERTIES 120 PRAIRIE CREEK 98 MAP OF DIAMOND PROPERTIES 137 SALKEL 102 A GUIDE TO THE MINERAL DEPOSITS OF THE NORTHWEST TERRITORIES 2 INTRODUCTION The Northwest Territories (NWT) constitutes 13.5% of October 14, 1998. During its first full year of production, the Canada’s total landmass1 and the geology of the NWT total diamond output reached 2.5 million carats. Northwest spans over four billion years of the earth’s geologic history. Territories’ second diamond mine, Diavik Diamond Mine, Diamond production became the driving force of the NWT commenced production in December 2002. Snap Lake Mine economy following the discovery of mineable reserves in the commenced commercial production in January, 2008 and was early 1990’s. Prior to that gold and base metal production lead placed on care and maintenance in December, 2015. The official the economy. Canada ranks third in the world for diamond Gahcho Kué Mine opening is scheduled for September 20, 2016. production (by value) and the great majority of that production is from the NWT. Employment at the NWT’s operating mines in 2014 totaled about 3,250 person-years (complete data for 2015 has Diamonds, gold and base metals are the primary focus of not yet been made public). These direct positions induced exploration in the NWT. Numerous advanced precious and indirect spin-off jobs as well as procurement opportunities. base metal projects are currently in the permitting and Additional jobs were also created from exploration activities financing phases of mine development. and mine construction. As of July 2016, there are four operating diamond mines at The current diamond mining industry plays a significant role various stages of operation in the NWT, namely Ekati, Diavik, in the economic success of the NWT. It accounts for nearly Gahcho Kué and Snap Lake mines. The Gahcho Kué Diamond 40% of the territory’s Growth Domestic Product. Diamond Mine has commenced commissioning and is set to begin full mines have spent over $11 billion to date, procuring goods commercial production in the first quarter of 2017. Snap Lake and services from NWT businesses, many of which are Mine ceased full production in 2015 and has been relegated to aboriginal and northern-owned. Over 22,000 person-years a status of care and maintenance, and a sales process is under- of employment have been created by diamond extraction, way. The NWT has one tungsten mine, Cantung Mine, which is and half of that has been held by aboriginal residents of the on care and maintenance since the fall of 2015. NWT. Diamond mining companies have contributed over $100 million to NWT communities through scholarships, benefit The NWT’s mining history began in earnest with the Eldorado participation agreements, and donations. Mine, which opened in 1933. It produced radium, then uranium, and many years later, silver. The Con and Giant gold Historically, deposits located within the present geographic mines in Yellowknife began gold production in 1938 and 1948 boundaries of the NWT have produced 579,717 kg gold, respectively. Gold mining in the Yellowknife area contin- 1,640,212 kg silver, 1,819,476 tonnes lead, 4,717,259 ued for 66 years and ceased in late November 2003. The tonnes zinc, 7,846 tonnes copper, 5,886,672 MTUs tungsten Yellowknife area gold mines, including the Discovery Mine, (to the end of June 2015), and 6,434,400 kg uranium. Since produced approximately 15 million ounces of gold. the start of diamond production in 1998, to the end of 2015 the NWT has produced over 165 million carats of diamonds. With the commencement of operations at Cantung Mine Diavik alone reached a production milestone of 100 million and Pine Point Mine in 1962 and 1964, respectively, the NWT carats in May 2016. became a significant exporter of tungsten and base metals. Cantung Mine has seen discontinuous production over its The majority of the deposits in this publication host undevel- mine-life due to various factors (predominant amongst those oped mineral resources. Most deposits have had advanced are tungsten price fluctuations). Pine Point Mine closed in exploration programs performed on them. Several sites were 1987 however significant deposits still remain in the area. mined and the remaining resources, if reported, are listed. An exhaustive study of abandoned mine sites in the Yellowknife The NWT, and Canada, entered a new era of mining with area is available for viewing at the Government of the Northwest the opening of the Ekati Diamond Mine near Lac De Gras on Territories’ Northwest Territories Geological Survey (NTGS). A GUIDE TO THE MINERAL DEPOSITS OF THE NORTHWEST TERRITORIES 3 Mineral Deposit Types in the Northwest Territories This report examines 75 selected deposits of note that host significant mineralization, which are distributed throughout the NWT. This selection is not comprehensive of all the mineral deposits or mineral occurrences in the NWT. The majority of these host undeveloped mineral resources, which have been located from public documents. It is important to note that the vast majority of these property resources are not National Instrument 43-101 compliant (i.e., would not stand up to the economic term “reserves” within the terms of reserves and resources). The variety and style of metallic deposits and showings found in the NWT is as vast as the territory itself. Not included in this publication are the extensive deposits of oil and gas found along the Mackenzie River and Delta area, or the coal deposits and showings along the Grizzly Bear Mountains in the Great Bear Lake area. Discussion of these depos- its is beyond the scope of this publication, and information on these can be obtained from the NTGS (website www.nwtgeoscience.ca), Department of Industry, Tourism and Investment (ITI) of the Government of the Northwest Territories (GNWT). About This Publication This publication has been divided into four sections: gold; silver and base metals; stra- tegic minerals (i.e. lithium, tungsten, rare earth elements and uranium); and diamonds. Each deposit is described by location, current ownership, a brief history of the deposit, and geology, along with documented exploration or production details. Information for each deposit is referenced, and is publicly available. Any dollar amounts quoted are Canadian dollars unless otherwise stated. For the sake of clarity, and precision this publi- cation has an effective date of July 31, 2016. Corrections and Updates Corrections, updates, and comments for the mineral deposits listed are welcomed by the Mineral Resources Division (MRD) of ITI (GNWT). The accuracy of the corporate information listed with each deposit is as current as could be reasonably obtained during the editing of this publication and has been verified as of July, 2016. Deposits for which no current ownership could be found are listed as such, but this does not mean that the area surrounding such deposits is open for staking. Such information can only be obtained by contacting the Mining Recorder’s Office. This information, along with other contact information, is found in Annex 3. Electronic Information and Disclaimer Some of the information in this publication is from company websites (listed with each deposit). To the best of the editor’s ability these links have been checked for validity, content, and information. The website www.sedar.com has also been used to research public securities documents and information filed by public companies. However, no responsibility is taken or accepted by the editor, publisher, or Mineral Resources Division of ITI, for the content, information, or accuracy, of these web sites. 1 http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/phys01-eng.htm A GUIDE TO THE MINERAL DEPOSITS OF THE NORTHWEST TERRITORIES 4 INTRODUCTION Les Territoires du Nord-Ouest (T.N-O.) couvrent 13.5 % de la Avec l’ouverture des mines Cantung et Pine Point en 1962 et superficie entière (incluant de l’eau et de la terre) du Canada 1964 respectivement, les T.N-O.
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