QUEBEC - FIRST METALS of Toronto has prepared a stockpile from its Fabie Bay copper deposit for processing at Xstrata Copper's Horne mill at Rouyn-Noranda, Que. Two thousand five hundred tonnes of ore have been crushed and await shipment. Processing is to begin in mid-November.
The ore was mined from the underground 75-m level where it averaged 3.47% Cu, and from the 60-m level where it averaged 5.00% Cu. First Metals has identified a further 100,000 tonnes of ore in the pit design, and it plans to begin mining that material in early November.
Installation of all the electrical distribution substations down to the 105-m level of the Fabie deposit has been completed, according to First Metals. Both compressor units, the primary ventilation system and the surface crusher are now fully operational. The new mine water sumps have been excavated. Excavation of the new 90-m level access ramp/scram drift is in process. Cable bolting of the hanging wall from the 75-m level is in progress.
First Metals is commissioning an independent technical report documenting the economic viability of the Fabie Bay project. A copy of this report will be filed at www.Sedar.com.
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