BRITISH COLUMBIA – Vancouver-based Chieftain Metals Corp. is moving toward production next year at the Tulsequah Chief zinc-copper-gold project 100 km south of Atlin. Part of the development plan calls for barging materials and supplies up the Taku River to the mine site during construction. Likewise, concentrate will be barged down the river once production begins.
To supply barge services, Chieftain has signed a letter of intent with Lynden Logistics of Anchorage, AK. Lynden president Alex McKallor noted that shallow draft river barging is the historic means of moving freight to the past producing mines at Tulsequah Chief.
Chieftain received the necessary construction permits in 2013. The feasibility study put pre-production capital costs (including contingency) at $198 million to establish underground mining at a rate of 2,000 t/d. The barge landing and airstrip are already in place. The mill will have an annual output of 41,717 tonnes of zinc concentrate, 24,760 tonnes of copper concentrate, and 5,586 tonnes of lead concentrate.
Please see the corporate presentation at ChieftainMetals.com for details of the Tulsequah Chief project.