QUEBEC – Toronto-based QMX Gold Corp. may have suspended production at the Lac Herbin gold mine near Val d’Or, but the company remains very active there. It is taking this time to focus exploration on new discoveries and potential acquisitions or partnerships in the area.
QMX has identified an area with short term potential for new production at Lac Herbin. The FL3 zone near the ramp is a possibility. Engineering is complete and a mining contract has been tendered for the quartz-tourmaline-pyrite vein. Mining is scheduled to begin there in October and continue for two months. Four thousand metres of delineation and exploration drilling will be done in the upper part of the mine on targets with potential for mining in 2016. Two of the targets that lie on the S1 shear already have inferred resources. Another 2,000 metres of drilling will be done during mining on the FL zone this year.
QMX has also identified potential to develop the Ferdeber open pit 200 metres from the Aurbel mill. It is probably the crown pillar of the shaft zone at the historic Ferdeber gold mine. If further drilling warrants, more advanced engineering studies will be done. Several other open pit targets are also to be investigated on the company’s land package in the area.
The Aurbel mill is undergoing a three-month clean-up and maintenance program. It will reopen and continue to operate as a toll mill for the region. Slag from the last three years of operation is being shipped to a refinery in the United States. QMX says revenue from the clean-up and slag treatment will provide a short term source of cash flow for the company.
Additional information is posted at QMXgold.ca.