Northern Star Mining of Val d'Or, QC, will join the ranks of Canadian gold producers in the first week of February, when for the first time it pours a doré bar at its Beacon gold mill. The ore comes from the company's Malartic-Midway underground project.
The Malartic-Midway project includes two former mines (Malartic Goldfields No.1 and No.2) that produced 1.95 million oz of gold from 1939 to 1965. Previous operations were conducted to a depth of 915 metres, but Northern Star has drilled gold mineralization to a depth of 1,600 metres where it encountered material grading 9.41 g/t Au over 21 metres.
Northern Star has been investigating the Malartic-Midway property for a decade. In 2006 the company acquired the 900-t/d Beacon mill to process ore from the Malartic-Midway mine.
As with all mining developments, patience (and a good metal price) is a virtue.
CMJ is pleased to welcome a new gold producer into the Canadian fold. To Northern Star and its strategic partner Dumas Contracting, we say well done!