Rainy River, Ontario• Burns Block Property • "B" Block Property • "C" Block Property Red Lake, Ontario • The Red Lake Gold Camp • Baird Gold Property
The Red Lake, Ontario, Gold Camp
The Red Lake area is one of the most prolific gold regions in Canada. The area hosts several gold mines, where the combined production and remaining proven resources are more than 30 million ounces of gold. Initial gold production occurred at the Howey Mine in 1930, and two mines (Campbell and Red Lake) remain in operation today. The largest mines historically are Placer Dome's Campbell Mine (cumulative production and remaining resources of 13 million ounces) (acquired by Goldcorp in 2006), Goldcorp's Red Lake Mine (10 million ounces) and the Madsen Mine (2.5 million ounces). Goldcorp's Red Lake Mine lies immediately adjacent to the Campbell Mine, and the deposit mined at each is interpreted to be portions of the same ore body. However, the deep high-grade zone of the Goldcorp Red Lake Mine continues to be one of the highest-grade deposits in the world, averaging more than 2.0 ounces of gold per ton.
The Red Lake gold bearing ore zones occur on the border of a major archaen tholelitic volcanic complex and are hosted by basalt flows and partially by komatiite flows. The ore occurs in gold bearing quartz-carbonate veins and in sulphide replacement zones. The gold occurs as either free gold or is encapsulated with sulphide materials, mainly arsenopyrite, pyrite and pyrrhotite.
As a result of the proven potential of this gold camp and the continued excitement being generated by Goldcorp's Red Lake Mine, the Red Lake and Birch-Uchi greenstone belts have attracted many firms, from senior producers to junior exploration companies, to stake and explore the district. The active major company exploring Red Lake is Goldcorp. In addition, there are many junior and mid tier gold exploration and development companies including Cypress Development, Skyharbour Resources, Premier Gold, and Rubicon Minerals, etc., actively involved in the camp.