Canadian Mining Journal

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GOLD: Klondex wastes no time at Rice Lake



MANITOBA – Since completing the acquisition of the former Rice Lake high grade gold mine in Bissett last January, new owner Klondex Mines of Vancouver is wasting no time as it gets ready to reopen it. The provincial government approved the resumption of mining and milling in March.

Several projects are underway at the mine site. All of the shaft guides have been replaced. About 1,500 metres of track on the 2600 level has been repaired; that’s about 55% of the job completed. The new underground shop and gear storage cut-outs are 80% complete.

Successful testing will also play an important part in reopening. Klondex is testing narrow vein long hole stoping to control dilution. Metallurgical tests are also underway to determine whether the existing tailings can be reprocessed through the existing mill flowsheet.

Former owner San Gold had drill results with very high grades at Rice Lake, and perhaps the best assay was 64.7 g/t Au over 4.3 metres in the footwall. The drilling done before the end of last year identified the potential for a new vein in the footwall of the 91 vein adjacent to the 24 level incline, according to Klondex. There is additional mineralization in the hanging wall of the 91 vein. The new owner will drill later this year to follow up on the earlier results.

Follow the progress of exploration at Rice Lake at www.KlondexMines.com.