Ivanhoe Starts Underground Exploration at Kipushi

Ivanhoe Mines announced in mid-December that the company’s ongoing dewatering program at the previously mined Kipushi mine near Lumbumbashi in the Democratic Republic of the Congo is expected to complete dewatering to the bottom of the mine’s lowest level, at 1,270 m below surface, during the first quarter of 2014. 

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Seabridge Seeing Major Copper Potential at Deep Kerr

Results from Seabridge Gold’s 2013 drilling on the Deep Kerr zone at its 100% owned KSM project in northwest British Columbia, Canada, have dramatically changed the company’s thinking about the economic profile of the project. A year ago, Seabridge viewed KSM as an attractive, large-scale gold project with a robust copper credit. With the addition of 2013 Deep Kerr drill results, the company now believes KSM is equally a top-tier copper project, with grades that potentially invite comparison with the world’s largest and most profitable operating copper-gold mines.

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Brigus Extends Black Fox Orebody at Depth

The deepest intersection drilled to date at Brigus Gold’s Black Fox mine 75 km east of Timmins, Ontario, Canada, has intersected 40.71 g/mt gold over 26.75 m, including 103.20 g/mt gold over 8.35 m. The test hole was drilled from underground and intersected Black Fox mineralization at approximately 700 m vertical from surface, extending the mine’s west zone by an additional 300 m at depth. The orebody remains open for expansion laterally and at depth.

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October 2013

Polar Star Mining reported that BHP Billiton has completed a preliminary assessment of the 172,800 ha of exploration land held by Polar Star in northern Chile and has informed the company of its decision to proceed with four of the five blocks offered. In terms of acreage, this means that BHP Billiton will further its exploration efforts on approximately 130,900 ha of exploration ground owned by Polar Star.

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