DETOUR LAKE, Ontario Phase I has begun of the pilot mining plan at the Fenelon project, 50 km from the former Detour Lake gold mine, say the owners FAIRSTAR EXPLORATIONS of Montreal (38%) and INTERNATIONAL TAURUS RESOURCES of Vancouver (62% and the operator). The $500,000 program will access the upper 50 metres of this high-grade deposit. Work is being carried out by ROSS-FINLAY of Val d’Or, Que., and will be complete later this fall. Phase I includes surface development plus construction of a portal and the upper portion of an access ramp.
Phase II, test mining and drilling, includes plans for construction of 262 metres of main decline, 484 metres of spiral decline and stations, 223 metres of vein accesses, and 185 metres of drill lateral, from which is scheduled 5,000 metres of drilling for reserve definition and expansion. Drilling is also planned from the surface to outline additional gold resources for future development. It is estimated to cost $11.5 million, and will commence after Fairstar and Taurus have arranged financing.
The Discovery zone at Fenelon was outlined in 1994-95. It is estimated to contain a resource of 252,000 tonnes averaging 14.2 g/t Au. Ore recovered during Phase I will be treated at Richmont’s Camflo mill in Val d’Or, Que.
Contact Fairstar president Karl Glackmeyer or VP George Tooley at 514-626-1787 for the latest news.