CONF

fining Taie 1s 40,000 tons per_

2. The development of the
Pacnic Xorth-west of. British
Columbia, with Terrace as the
natural hub and focus point uf

ihe area, depends vastly upon:

the potential of the mineral beds
inthis area; Aliltle more than a

year ago, the Herald managed .
to ‘obtam a = report. un ‘the >

‘development. potential of . the

. major mineral properties lo the.

north ofhere. Despite problems

in “the «mining. industry and

clashes belween the mine
awiers and developers.and our
NDP government, the north will
develop and with it these mines
will be developed. :

.. Following is the report an the
Properties and their. potential:

. Ther Herald ‘has managed io
obtain this confidential report
and'in the best interest of our
northern citizens we publish the
details in this article.-

DEASE’.LAKE MINES. LI-.

MITED - JUNE &. STIKINE
PROPERTIES
.. These. are lecated 30 miles

south of Dease Lake and have |

“an estimated reserve’ of
20,040,000 tons of ure grading al

0.44 percent capper. The mining |

‘rate polential is 6.0U0 tons per
day with an ouput of 7.500 tons
copper per year [ram 3i,fK") Lons
per year of concentrate grade of

day and the output is 48K LOns
per year of copper contained in

148,600 Lons of concentrate. This -

is a 0 percent copper recavery,
concenicale grade of 25 percent

_copper and 330 operating days.

_per year assumed.

. Silver Standard Mines bolds |

65 percent interest. | Hecla
Operating Company can earn 70
per cent interest by bringing
property into production, Mo-
derale 10. high probabillty of
opening by 1980. |

..Fransportation ix 45 miles to
Stewart-Cesslar Highway (road

‘ gonstructian via Raspberry

Pass would be required}. Cost
via Stewartl.$11.46 per ton via
road while via Prince Rupert
the cost per ton via roa road and
rail would be $10.40 per ton.

NICKEL MOUNTAIN MINES -

“> E & L PROPERTY

.-This mine is focated ap-
proximately 40 miles west of the
Stewart-Uassiar Highway.: FE
has an estimated reserve of
11,200,000 (ons of ore grading 0.80
percent nickel and 0.62 per cent
copper. The mining rate is 1,500
tons per day and the output per
year is 30, 000 tons. of con-

centrate.
..Contrailed by Silver standard
with a development agreement
with Sumiteme probability ol
oderale. Accéss is di-

25 per cenl copper based on a
m30- operating days per year
assumed. « . .

2). Dease: Lake ‘Mines Limited
are owned by Lyliou Minerals
and Mitsui which each hold 44

‘percent The operation is consi- -

dered marginal at copper price
of §.50 per Ib. A probability
opening date by 1988. is con-
.Sidered moderate to low.

:. The mine is locate d on both
the Stewart-Cassiar Highway
and the extension of the B.C.
. Railway.io Dease Lake. The
cost af shipping via Stewart

over 210 miles al six cents per |

ton - mtile is $12.60 a ton. The
cost via Prince Rupert over 30:
miles at.two cents per ton mile
is $7.60 per ‘ton

LIARD COPPER MINES -
SCHAFT. CREEK PROPERTY
.. This mine is:located 36 miles

south of. Telegraph Creek and-

bas an eslimated reserve of
21u,000,000 tons of are grading
6.40 per cent copper and 0.036
percent -molybdenite. = The

* ..Transportation

fficultand market for nickel co-
peer concentrales uncertain.
requires
eanstruction of fifty miles of
road via Iskut River Valley to
join Stewart-Cassiar Highway.
Cost if Japan is destination via
Stewart-Cassiar Highway to
Stewart $11.20 per ton. Via the
highway and by rail to Prince
Rupert the cost would be $9.60
per ian,

aif the SherrittGorden Plantat
Ed ion is the destinadon the
cost via highway and rail to
Prince George would be $20.00
per ton while. by railway to
Terrace and then Prince
George the cost would be $14.30

’ per fon.

PARAMOUNT MINING LI-
MITED ;

-.- This mine is located 36 miles
south of Telegraph Creek and
adjoins the Liard Copper’s
Schaft Property. The esiimated
reserves are 90-100 million tons
of ore grading .337 percent co

Bper and 0.017 per cent moly-

bdenite The mining tale is: ass. :

med to be 15,0 tons per day

wath a ton per year yield of

PARAMOUNT MINING LI-
MITED .

va This mine is located 36 miles
south of Telegraph Creek and

adjoins the Liard © Copper's

_Schaft Property. The estimated

reserves are 50-100 million tons
af ore gradiag 0.437 percent co-

pper bnd 0.047 per. cent moly-

-bdenite The mining rate is assu- ”
med to be 15,000 tons per day
with a-lon per year yield. of |

15,000 tons copper contained in
60,000 fons .per year = ton-

centrale. This is 90 percent co.
‘pper-recovery with concentrate

grading 25 percent copper over
330 working Gays. —-

..Hecla Uperating Company
can earn 70 percent interest by
brining. the property -Into pro-

‘duction. Hecla has until 1876 to

make a production decision mo-
derate probability of going into
production. by. 1980. Tran-

-sportation is essentially the 5a-

me as applies to the Llard Co
pper Mines. —.
STIXENE CUPPER LIMITED -
GALURE CREEK PROPERTY
..Lecated in Coast Mountains.
This property, has estimated
reserves of belween 100,000,000
and 200,000,000. -tons grading
between .1 and 1.4 percent co-
pper. The mining rate is assu-
med al 25,000 tons per day; This
means 74,000 lions per. year
contained in concentrate of
297,000 tons. 30 percent copper.
Recovery - concentrate grade of
25 percent copper - 330 days.
..The owners are Kennco 76

percent, Hudson's Bay Mining -

and Smelting 19 percent Co
mince S percent, Hudson’s Bay

‘can earn up to 45 percent in- ;

teresl by carrying owt an ex-
ploration . program and

detailed feasibility stady. Pro- -

bability of opening moderate to
high. Critical - factor will . be

costs of transportation and,
other infrastructure. Access-

will have to.be by way of the

Stuikine River’ Valley, -cither

north or south: Capital cosis will
be high.

POTENTIAL COPPER MINES '

IN BABINE-OOTSA AREA.
GRANISLE
MITED . :
..Located on Copper Inland on

Terrace Equipment Sales

Votre Centre Recreatif Estival

Your Summer Recreation Centre ..

4539 GREIG AVE. -

iciaieaiieiniisil P

. 635-6284

‘COPPER — LI."

‘The 1973 permit value for

/* Trade. .. and
’ Magazine, ‘there are 60 “‘in-
: dustrial plants in Terrace on 590.
> aeres. A further: 258 acres are
.. unoceupied., ~

. - Transportation facilities here

THE HERALD, PROGRESS EDITION, 1974

Babine ‘Lake, This mine has an
estimaled reserve of 87,600,000
tons of.ore grading 0.44 percent
cepper on September uo, 197t.
The actual mine capacity is

. 14,000 tons per day. The outppt

is 14,000 tons per year of copper
eontained in 23,000 tons con-
centrate.

_..This mine is in operation with.
, capacity being expanded to

14.000 tons per day in 1972, Shi-
pment takes place via CNA to

Prince Rupert where con.

centrate is shipped to Japan.

KENNCO EXPLORATIONS
LIMITED - BERG PROPERTY
.-Lacated near Kidprice Lake.
approximately 50 miles south-
west of Houston. The estimated
reserves are 200,000,000 tons of
ore grading 0.5 percent copper

‘and the mining rate is assumed

to be 20,000 tons per day. The
annual rate is 42,000 tons of co-
pper contained in 168,000 lons-
ate. The of this
operation is unknown,

KENNCO EXPLORATIONS
LIMITED - GOOSLY LAKE
PROPERTY

. Located about 25 miles south-
easl of Houston. The estimated
reserve Is come tens of millions
mf tons of ore grading 0.7 per-
cenl copper. 0.01 ot gold and 4

‘to & of silver, The assumed

daily mining rate is 10,000 tons.
The oupul is 21,0) Lons per year
of copper’ coniained in 84.000
tons of concentrate. The status
of this operation is unknown.

IDENTIAL MINING REPORT —

NORANDA MINES LIMITED -
BELL COPPER MINE ~

.-This mine is-localed .on Ne-~
wman Peninsula, -Habine Lake .

and has an estimated reserve of
40 ,CiH),000 tons of ore grading 0.5

percent copper The actual -
mining rate is 10,000 tons per :
day and the yearly outpul is

15,000 (on per year of copper
contained in 64,006 tons of con-
centrate. The mine started up in

1872 . Transportalion is via. the :

CNR io Noranda P.q.

NORANDA MINES LIMITED ye

MORRISON PROPERTY

.. This mine is located on the
west side of Morrison Lake,
north of Babine Lake, The esti-
mated reserves are more than

50,000,000 ions. grading s0- -

mething less than 0.5 percent
copper. .The assumed mining
rate is.10,000 tons per day and

the yearly output is 13,000 (ons .
per year of copper contained in .

52,40 tons concentrate. The
status of this firm is unknown.:

SILVER STANDARD - ASAR-
€0O- OX LAKE PROPERTY

.-This mine is located about 60
miles south of Housten and has
an estimated

de” copper and Molybdenum.

The assumed mining rale is -

10,uhu tons per day with a yearly
‘oulput of 12,000 > tons. copper

contained in 44,000 tans of cén-_
centrate involving ‘a copper re-

covery of 90 percenl recovery.

concentrate grade of 25 percent.
copper based en a v0 day year.’-
-The status of (his firm is unkno- :

Terrace

. Terrace is (he twenty second
largest population centre in the
province, and, if you count the
trading area, rates even higher.
somewhere in the neigh-
bourhood of sixteenth.

” According to figures released -

in April this year there are
15,300 in-Greater Terrace -and
83,500 in this (rading area. The
Gross Income of-the population

. is’ 367,900,000, wuile the- same,
figure for the” trading - area ~:

population is. an .impressive
$368,000,000.

Terrace is growing as con- -

struction value figure show.
construction in this area was
$8,495,463 as compared with a
mere $2,385,409 ten years ago.

Assessment for property in the:
area reached $53,400,000 last -
year. uN :
. According |. to!

released in the April "74 issue of

statistics.

_ Commerce...

incliide the C.N.R.- Railway,

Highway’s 16, 25 and road links. -

with the Stewart-Cassiar High-

way, the Terrace-Kitimal,
airport, a sea plane base on: -

-Lakelse Lake. and . service
through four trucking lines.

’ Eleatricity- is provided. by:

“B.C. Hydro Power & Authorily.

gas by Pacific Northern” Gas.
Campany (Limited. . Raw:
‘Materials in this area include’ :

lumber,. minerals,: agricultural
“products, gravel, limestone, oil
arid gas.

Communications -inelude - a
domiciled radio station and. a.’

domiciled television station
(CFTK) and

Terrace Herald. -» As. weli

newspapers from. throughout Ls
most of B.C: are available’ in-:,

many Terrace retail- outlets.

The Vancouver © Province’ -is-.

available. on.‘ the. day*:.of
publication . in» “most”; Terrace
stores.

- Recreational - facilitie:

dude 8 parks in the area, on golf.

“course, and three beaches:‘and

reserve — of
30,000,000 Cons of “near are gra--

the’, weekly.

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