Global warming uncovers biggest Canadian gold deposit

Section:

By Anna Golubova
Kitco News, Montreal
Tuesday, October 17, 2017

Miners could not even see Canada's biggest gold deposit until a glacier receded and uncovered what lay beneath, according to one mining executive with operations in northern British Columbia.

Rudi Fronk, CEO of gold explorer Seabridge Gold, told Kitco News that the company acquired the KSM project back in June 2000 from Placer Dome, which had spent approximately $25 million at KSM, focusing on the Kerr and Suphurets deposits that were visible from the surface.

But one area the previous owner ignored was the Mitchell Zone, as it was covered by a glacier when Placer conducted its activities.

"Since Placer Dome worked at KSM, the Mitchell glacier has retreated by almost 3 kilometers, exposing the Mitchell deposit, and allowing us to ascertain what’s there," Fronk said in a phone interview today. ...

... For the remainder of the report:

http://www.kitco.com/news/2017-10-17/Global-Warming-Uncovers-Biggest-Can...



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