Eskay Creek Mine - Minerals North
Eskay Creek Mine - Minerals North
Eskay Creek Mine - Minerals North
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<strong>Eskay</strong> <strong>Creek</strong> <strong>Mine</strong>
OUTLINE<br />
ESKAY CREEK MINE<br />
- Snapshot of <strong>Eskay</strong><br />
<strong>Creek</strong>.<br />
- <strong>Eskay</strong> People<br />
- Major Issues &<br />
Exploration.<br />
– April, 2004
<strong>Eskay</strong> <strong>Creek</strong><br />
<strong>Mine</strong><br />
*
History<br />
To December 26, 2002, the<br />
<strong>Mine</strong> has produced 2.86<br />
million ounces of gold and<br />
129.6 million ounces of<br />
silver.<br />
2002 production averaged<br />
637t/day and is budgeted<br />
at 700t/day in 2003.<br />
Tom MacKay’s Original Cabin.<br />
It is still Intact and was left untouched on<br />
the Rehabilitated Site of the Original<br />
Exploration and Development Camp.
<strong>Mine</strong>site photo showing the<br />
general layout and location of the<br />
ESKAY OREBODIES<br />
orebodies on the hillside.<br />
N
<strong>Eskay</strong> <strong>Creek</strong> <strong>Mine</strong><br />
Ore Reserves at Dec 27, 2002<br />
Production - January 1995 to Dec 27 2003:<br />
1.53 million tonnes grading: 58.1 g/t Au<br />
2635 g/t Ag<br />
Proven and Probable Reserves at Dec 27, 2003:<br />
0.84 million tonnes grading: 34.8 g/t Au<br />
1604 g/t Ag<br />
Indicated Geological Resource:<br />
0.63 million tonnes grading: 12.9 g/t Au<br />
359 g/t Ag
ESKAY CREEK MINE<br />
2004 Budget<br />
2004 Budget Statistics:<br />
DSO tonnes 135,000, 370 tpd.<br />
Mill tonnes, 110,000, 300 tpd.<br />
Grade: 42.1 gpt Au, 2060 gpt Ag.<br />
Payable Au ounces: 310,000.<br />
Payable Ag Ounces: 14,987,000.
2004 Budget Statistics:<br />
ESKAY CREEK MINE<br />
2004 Budget<br />
• Capital Expenditures: $8.4 MM.<br />
• Total Cash Costs: $654/tonne<br />
CDN.<br />
• Total Cash Costs: $110 US/ounce.<br />
• Cash Flow: $66.2 MMUSD.
2004 BUDGET SITE COSTS<br />
Services<br />
9%<br />
Mill<br />
4%<br />
G & A<br />
4%<br />
Other<br />
1%<br />
Roads<br />
1%<br />
Total Smelter<br />
43%<br />
Exploration<br />
DD<br />
5%<br />
Total Mining<br />
21%<br />
Total<br />
Transporation<br />
12%
<strong>Eskay</strong> <strong>Creek</strong> Ore Bodies: 2004 <strong>Mine</strong> Plan<br />
1000m<br />
900m<br />
800m<br />
700m<br />
600m<br />
10000<br />
10200<br />
21C-south pod<br />
10400<br />
Pumphouse<br />
10600<br />
10800<br />
12E<br />
21C-north<br />
21B<br />
11000<br />
109<br />
11200<br />
HW<br />
11400<br />
N<br />
1000m<br />
800m<br />
600m<br />
500m<br />
NEX<br />
400m<br />
300m<br />
160<br />
Resource models<br />
NEX&HW Deep<br />
400m<br />
160.0<br />
Tonnes (000s)<br />
120<br />
80<br />
40<br />
120.0<br />
80.0<br />
40.0<br />
AuE (gpt)<br />
0<br />
109 21B 21C HW NEX PMP<br />
0.0<br />
Tonnes<br />
AuE
- Snapshot of <strong>Eskay</strong><br />
<strong>Creek</strong>.<br />
- <strong>Eskay</strong> People<br />
- Major Issues &<br />
Exploration.<br />
ESKAY CREEK MINE<br />
– April, 2004
ESKAY CREEK MINE<br />
General Manpower<br />
Statistics<br />
Barrick – 155<br />
Contractors – 194<br />
total – 349<br />
Approximately a third<br />
are from the Tahltan<br />
First Nation
Involvement of Tahltan<br />
First Nations<br />
Percentage of Employment 34%<br />
Joint Ventures (Arrow-Tahltan Trucking, Spatsizi Remote Site<br />
Services, Procon-proposed also Tahltan Nation Development Corporation)<br />
Income and donations (to date -LOM):<br />
C$93M<br />
Apprenticeships (Mechanics, electricians, chefs, warehouse)<br />
Quarterly Meeting Updates – Opportunites for<br />
Increased Involvement and Increased Capacity
ESKAY CREEK MINE<br />
Joint Ventures<br />
1. Arrow – TNDC<br />
Transportation<br />
Systems<br />
2. Spatsizi Remote<br />
Services
ESKAY CREEK MINE<br />
Road maintenance and<br />
material handling<br />
contract with Tahltan<br />
Nation Development<br />
Corporation (TNDC)
- Snapshot of <strong>Eskay</strong><br />
<strong>Creek</strong>.<br />
- <strong>Eskay</strong> People<br />
- Major Issues &<br />
Exploration.<br />
ESKAY CREEK MINE<br />
– April, 2004
MILL & DSO ORE (350tpd)<br />
300,000<br />
250,000<br />
Mill Tonnes<br />
DSO Tonnes<br />
200,000<br />
Tonnes<br />
150,000<br />
100,000<br />
50,000<br />
0<br />
2003 2004 2005 2006 2007 2008<br />
Mill Tonnes 120,450 120,780 122,230 127,750 127,750 67,586<br />
DSO Tonnes 135,050 135,050 109,506
Major Issues<br />
- Exploration: Three main areas of focus.<br />
- <strong>Mine</strong> & Mill throughput optimization.<br />
- Effective and respectful transition to a mill only<br />
operation at reduced production rates.
2004 DIAMOND DRILLING<br />
Definition<br />
Exploration<br />
Underground (m) 16,500 16,500<br />
Surface (m) 3,000 2,000<br />
Development req'd (m) - 300<br />
Total $ ($US millions) $ 0.85 $ 1.42
RESERVES & RESOURCES<br />
21A & 21C<br />
Resource<br />
Pumphouse<br />
Zone<br />
21B Zone<br />
21E<br />
Zone<br />
109<br />
Zone<br />
N<br />
21C South<br />
70 Stope<br />
21C South<br />
76 Stope<br />
21C ‘Mid’<br />
Resource<br />
21C <strong>North</strong><br />
Water Tower<br />
Resource<br />
NEX<br />
Zone<br />
Deep Adrian<br />
Resource<br />
HW<br />
Zone
N<br />
5 Ramp Extension<br />
“Deep Adrian”<br />
and NEX targets<br />
Planned extension<br />
for 2004<br />
“44 Zone”<br />
NEX
Longitudinal Section Looking West Across The Deposit<br />
1000m<br />
Contact<br />
Mudstone<br />
Basalt<br />
sequence<br />
21B Zone<br />
HW Zones<br />
Deep Adrian<br />
N<br />
800m<br />
600m<br />
Bowser<br />
Sediments<br />
400m<br />
109 Zone<br />
NEX Zone<br />
200m<br />
msl<br />
0m<br />
500m
22 Zone – Location Map<br />
><br />
53<br />
><br />
58<br />
6<br />
8<br />
*<br />
><br />
54<br />
><br />
57<br />
21 Zone<br />
Deposits<br />
><br />
56<br />
><br />
55<br />
22 Zone<br />
0<br />
500<br />
metres<br />
1,000
22 Zone Access – 72 Ramp
Major Issues<br />
- Exploration: Three main areas of focus.<br />
- <strong>Mine</strong> & Mill throughput optimization.<br />
- Effective and respectful transition to a mill only<br />
operation at reduced production rates.
Major Issues<br />
- Exploration: Three main areas of focus.<br />
- <strong>Mine</strong> & Mill throughput optimization.<br />
- Effective and respectful transition to a mill only<br />
operation at reduced production rates.
Thank You.