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Operating CIP/CIL gold recovery plants in the arid regions of Western Australia face unique challenges due to water and ore quality issues. The presence of cations of Mg, Fe and Cu metals in water supplies and leached sulphide ores can have considerable effect on plant consumption of lime and cyanide, due to pH buffering and complexation effects. Reagent costs are critical to many of these operations. In this paper, computational modelling is used to analyse a number of process options to mitigate such issues. This requires careful consideration of the chemistry of the process system, and the ability to predict accurately the response of speciation and precipitation reactions to changing process conditions. The Mg-Fe-Cu-CN-H20 system is specifically modelled in this application. The Gibbs Free Energy Minimisation thermodynamic framework has been selected to model equilibrium phenomena. Furthermore, this approach has been extended to the process flowsheet level, incorporating multiple unit operations and recycle streams in a steady-state mass balance model. The Gibbs equilibrium composition module of HSC Chemistry software has been successfully integrated into the commercial flowsheeting package SysCAD. Consideration of the Gibbs Energy Minimisation capabilities of other flowsheeting packages has also been given. This approach has been successful in simulating the aqueous process chemistry typical of such plants. It has resulted in a predictive capability where equilibrium states respond appropriately to process changes. Potential cost savings may be identified by examining alternative process conditions to minimise overall reagent consumption.This methodology may be extended to other hydrometallurgical plants where issues of solution ideality, temperature and other equilibrium processes are sufficiently understood.

Jan 1, 2005

By J. Asfahani

"The inverse slope method (ISM) was applied to reinterpret vertical electrical soundings (VES) data from pits at the Al-Sharquieh phosphate mine, in order to demonstrate applicability and suitability of the ISM for interpreting VES data from sedimentary phosphatic environments. The ISM overcomes limitations of the curve matching method and the complexity of lithological sections. The ISM geo-electrical interpretation results correlated well with lithologies of the pits. This method characterized resistivity and thickness of the phosphatic layer, and identified favourable phosphate-prospecting areas using the newly developed thickness/depth parameter. The ISM is recommended for interpreting VES measurements in similar sedimentary phosphatic regions.RÉSUMÉ La méthode d’inversion de la pente (ISM) a été utilisée pour réinterpréter les données de sondages électriques verticaux (VES) effectués dans des puits de la mine de phosphate Al-Sharquieh, afin de démontrer l’applicabilité et la pertinence de cette méthode pour interpréter les données VES dans des environnements de sédimentation de phosphates. Cette méthode (ISM) surmonte les limitations de la méthode de comparaison de courbes et la complexité des sections lithologiques. Les résultats de l’interprétation géoélectrique ISM correspondaient bien aux lithologies des puits. Elle a permis de caractériser la résistivité et l’épaisseur de la couche phosphatique et d’identifier les secteurs favorables à la prospection pour le phosphate en utilisant le paramètre nouvellement développé épaisseur/profondeur. ISM est recommandée pour l’interprétation des mesures VES dans des régions semblables où se trouve du phosphate sédimentaire."

Jan 1, 2016

By A. D. Yell

"Recovery of water is always a major factor in the Beneficiation process. As Preparation Plants become larger the recovery of water for reuse, is a critical cost consideration. Tema Isenmann Inc in conjunction with our sister Company Multotec Manufacturing, has over the years, developed numerous different Screen Panels, Sieve Bends and Static Screens for dewatering. This paper will focus on a new innovation, the TeePee™ Panel which has double the open area of conventional Screen Panels. This results in efficient dewatering (reduced filter cake moistures) which allows for the use of smaller Vibrating Screens or increased capacity on existing Vibrating Screens. A major factor in the efficiency of any Screen Panel, including TeePee™ Panels, is the performance of the Vibrating Screen. If the Vibrating Screen does not have the required gravitational force or screen area to drain it will not dewater efficiently. Therefore a holistic approach has to be taken where the Vibrating Screen needs to operate at an optimal level, in conjunction with the correct Screen Panels, to achieve efficient dewatering. Key performance areas for Vibrating Screens are therefore detailed in this paper with an emphasis on important dewatering criteria. Case studies of different dewatering applications are included, where the use of TeePee™ Panels, has shown a marked improvement over conventional flat Screen Panels in reduction of filter cake moisture content.INTRODUCTION Dewatering can be done in a number of different ways and is largely dependent on the ore type, the particle size distribution and to what extent one needs to dewater will determine the method used. There are a number of different dewatering methods that can be used for particles above 200 micron, including Screen Bowl Centrifuges, Filter Presses, Static Screens, Static Sieve Bends and Vibrating Screens. This paper will focus primarily on Vibrating Dewatering Screens showing improved drainage and a reduction in the filter cake moisture content. KEY PERFORMANCE CRITERIAL FOR VIBRATING DEWATERING SCREENS For clarification the critical key performance criteria for Vibrating Dewatering Screens are set out in this paper. Dewatering Screens Vibrating Dewatering Screens are normally linear motion, either horizontal or inclined at 5 to 7° upwards with a vertical or back sloped plate at 45° to the rest of the screen deck. The back plate will often have screen panels in them to increase the dewatering capability, as shown in Figure 2 below."

Jan 1, 2017

By J. W. Merks

"Simulation is the process of designing a computerized model, of a system or procedure, for the purpose of understanding its behaviour and developing strategies to control its operation. Simulation models are rapidly becoming an effective tool for mineral processing plants. Powerful software and fast hardware are more readily available than a basic understanding of the theory of mathematical probability and applied statistics that process simulation models demand.Simple spreadsheet software can be used to develop simulation models that take into account any set of conditions at a mineral processing plant. In addition to an unbiased estimate for each variable in the set on which two-and three-product formulas are based, reliable variance estimates for all variables are required. How to estimate variances, effectively and at the lowest possible cost, and how to compute variances for simple functions such as the metal content of a quantity of ore or concentrate, or more complex functions such as the percentage recovery at a mineral processing plant, are the key to useful simulation models.IntroductionSimulation models for systems and procedures have become one of the most powerful and effective applications for computers( 2.6). Simulations are applied to a wide range of scientific and engineering disciplines. Generally, a model is designed to investigate the effects of changes in and interactions between a set of variables before a system is in operation or a procedure is implemented, by simulating weeks, months, and even years of operation, in a few minutes of computer time. Along with practical and useful applications always comeabuse and misuse. For a simulation process cannot be more reliable than the methodology that was applied to design the model, to estimate variables and variances, to check performance, and to verify validity. A mineral processing plant is a dynamic system that changes continuously as a function of time but within probabilistic constraints that can be estimated by applying statistical tools and techniques to the variables and variances that interact in the system.A model should be designed to simulate not only the set of variables but also the variance for each variable. Models in which constant variances are used to generate normally distributed random numbers, are less realistic than models in which the variances are simulated first, and then used to simulate the variables."

Jan 1, 1991

By J. M. Réjean Gagnon

"Quebec Cartier Mining Company is currently mining a low-grade iron ore deposit in northeastern Quebec. The Company is producing some 8,000,000 dry gross tons of concentrates per year, grading about 66 per cent iron. The pit, which is located on the keel or hinge line of a fold, will eventually be about 1,000 feet deep with a surface area of 8,000 by 2,600 feet. The most significant structural discontinuities in the mine are the natural bedding planes and secondary perpendicular joints. The exposed walls are subjected to a sub-Arctic climate and heavy blasting occurs approximately six times a month.QCM utilizes design and operating techniques to control rock fall. Steps are also being taken to analyze the ultimate over-all pit slope stability."

Jan 1, 1968

By D. A. Beattie

Three novel dextrin polymers of varying functional group chemistry but similar molecular weight have been used to depress talc in single and mixed mineral studies. The mixed mineral system was a model sulphide ore consisting of talc, pentlandite, and chalcopyrite. Adsorption isotherms for the three polymers on both valuable and gangue mineral phases were determined to give initial clues as to the ability of the polymers to depress talc. Flotation testing revealed a distinct hierarchy of effectiveness of the polymers in the depression of talc in the single mineral system (MP Dextrin > CM Dextrin > Dextrin TYM), reflecting the observed adsorption affinity and adsorbed amount of the polymers on talc. However, a different order of effectiveness was observed for talc depression in the mixed mineral system (CM Dextrin > MP Dextrin > Dextrin TYM). Competition between the valuable and gangue mineral phases for uptake of MP Dextrin is responsible for its observed decrease in efficiency in mixed mineral flotation. All three polymers were found to be reasonably selective in their action, although at high dosages the polymers began to affect the flotation of the valuable minerals.

Jan 1, 2006

By K. Huang, L. Pan

"Darcy’s law has been used extensively to model cake filtration. It is a macroscopic model, in which particle size dominates the kinetics and cake moisture. In the present work, a capillary flow model has been developed from first principles to study the effects of microscopic parameters such as capillary radius, boundary layer slip, disjoining pressure, and surface tension that may be important for dewatering ultrafine particles. Laboratory-scale pressure filtration tests show that dewatering kinetics is strongly dependent on capillary radius, which in turn is influenced by surface hydrophobicity, surface charge, and length scales of particles. The model parameters determined from laboratory-scale filtration tests show that use of a hydrophobizing reagent can greatly improve fine particle filtration due to increased slip and decreased capillary pressure. The kinetics of dewatering kaolin clay is fastest at a pH where the layer-structured particles coagulate with a face-to-edge orientation. The capillary flow model developed in the present work may be useful for designing filters and optimizing operating conditions.INTRODUCTIONIn 2014, Canada produced 2.2 million barrels per day of crude oil from the oil sands resources in Alberta, which is expected to grow to 3.2–4.0 million barrels per day by 2030 (CAPP, 2013). One of the challenges to meeting these projections is the tailings management. At present, the industry uses ?77 km2 of the lands to construct tailings ponds. Significant amounts of the tailings disposed to the ponds are silts and clays that are slow to settle and consolidate, creating problems for reclamation. It is, therefore, the objective of the present work to develop a filtration model that may be useful for developing advanced dewatering technologies that can address the tailings management issues.Darcy’s equation is the governing law for filtration. It was derived as an empirical model by H. Darcy in 1856 while he was studying fluid flow in sand filters (Hall, 1956). Since then, many investigators derived it from first principles. It relates superficial fluid velocity to the pressure drop across a porous medium of known permeability. In filtration, the latter can be related empirically to particle size using the Kozney equation (Yoon, 2005)."

Jan 1, 2016

By Robert B. Parsons

"A t last the legal red tape which has tied up flow-through share financing has been cut. New rules effective for deals signed after 1986 simplify flow-through financing by removing the necessity f or cumbersome agency relationships. But there is no free lunch-the new rules require increased government reporting. And beware federal tax reform promises to have a good look at the new flow-through share rules. IntroductionFlow-through shares have always worked better in theory then reality as an effective financing tool. The concept is straightforward: a transfer of risks, tax deductions, and potential returns. But the mechanics of the old flow-through rules made the transfer of risk impractical to impossible by placing the responsibility for incurring Canadian exploration expense (CEE) on investors. The new rules are significantly more realistic, shifting that responsibility to the issuing corporation. However, every silver lining must have a few clouds around it. In the case of the new flow-through rules, the more obvious negatives are increased reporting requirements and reductions in CEE eligible for flow-through by amounts of assistance received. The new rules are effective for deals signed after 1986, however, so a few old-style deals are still around. Practical Difficulties with Old RulesThe old rules which applied to investments in flow-through shares were structured so as to make it the responsibility of the investor, rather than the issuing corporation, to perform the Canadian exploration expense for flow-through. Since most investors had neither the expertise nor the inclination to incur the CEE, this requirement necessitated the use of cumbersome arrangements whereby the investors would appoint an agent (usually the issuing corporation) to incur CEE on their behalf. Although the issuing corporation might consequently be the party which actually spends the flow-through share funds on CEE, the awkward legal structure of such an arrangement made the investor the ""principal"" incurring the CEE. As such, the requirements of the old rules were met and the investors could receive their flow-through share s."

Jan 1, 1987

By Thomas Mütze, Frank van der Meer, Gunnar Kretschmar

"The air classification of moist bulk materials is addressed in the literature insufficiently. Therefore a feasibility study investigated the influence of feed moisture on the separation efficiency expecting a reduction with higher moisture content in the feed. Two iron ore samples were characterized in terms of the nature of bonding of moisture as well as its effect on the agglomerate strength. The classification tests themselves were conducted with two dynamic laboratory air classifiers at cut sizes from 45 to 110 µm and a moisture of the feed material between 0 to 10 wt.-%. The quality of classification was assessed by split factor, cut size, separation efficiency, moisture of both products, as well as the yield of the fines as product fraction in a corresponding processing plant. An initial approach was found for a technological implementation: A sufficient drying of a moist feed can be realized simultaneously to the pneumatic transport inside the classifiers. In the present case the drying effect and dispersion intensity was sufficient to provide good separation results up to 3 wt.-% feed moisture. An additional drying step was necessary beyond 3 wt.-%.INTRODUCTIONSpecific information about the influence of moisture in air classifiers is very rare. Mostly only dry products are processed and/or drying prior to classification is recommended. Apart from the specific influence of the feed moisture a lot of literature can be found regarding air classification itself. Altogether air classification can be divided into several sub-process (Leschonski, 1977):- dosage of the feed material,- dispersing the solid feed material into a gas stream,- feeding the dispersed material into the classification zone by pneumatic conveying,- separation of coarse and fine particles, and- separation of fine particles from gas.For wet feed particles also drying plays an important role. Interesting for the present investigation are the humidity of the feed and its influence on the single sub-processes."

Jan 1, 2016

By Herbert D. Drechsler, James B. Stephenson

"AbstractThe paper identifies the major components of price change which affect the determination of the internal rate of return of a mining project. It illustrates several price indexes which may be used to measure general price increases, identifying techniques which might incorporate them into mine valuation procedures. The ""hurdle rate"" for new investment is discussed.IntroductionDECISIONS regarding the value of an orebody and whether or when to mine an orebody are based on an estimate of the cash flows which would be associated with its exploitation. These pro-forma cash flows represent cash in or out of a possible mineable deposit and include exploration and construction costs, sales revenues, operating expenses, taxes, debt borrowings, interest and debt repayment. It has long been recognized that when combining the cash flows occurring over the life of the mine, dollars received or paid out early have greater value than those received or paid out later. This time value of money has been incorporated into mine evaluation calculations through the use of present-value or discounting techniques. Another factor affecting mine valuation, inflation, is not accounted for by valuation techniques now in use. In recent years, price changes have become more volatile. In the past, price change could easily be ignored when evaluating potential mines. Today, the combination of larger investments and greater price volatility leads to great concern about the effects of price change on mine valuation."

Jan 1, 1977

By Andrew Kerr

Overview of Presentation ? Introduction ? An historical context: From 1866 to the 21st century. ? Geological framework for iron ore in the region known as the ?Labrador Trough?. ? Producing iron-ore deposits of the Labrador City ? Wabush area, and near-future production from the Schefferville area. ? Exploration projects representing potential future production?.or expansion of the district. ? Some concluding remarks???

May 1, 2011

By D. J. MacKinnon, Kazi E. Haque

Ammonia present in a variety of mine/mill waste waters was almost completely oxidized to nitrogen by chloride mediated electro-oxidation. A closed circuit operation of preconcentration of ammonia on a suitable adsorbent (e.g. zeolite or a resin) followed by brine stripping of ammonia and electrolysis of the strip liquor seems to have sound technical, economic and environmental merits. The removal of ammonia, cyanide, cyanate or thiocyanate from a mine/mill waste water (e.g. gold mill), either individually or collectively, is also feasible by chloride mediated electro-oxidation technique. Further R&D investigations are necessary for the development of a closed circuit operation for the removal of ammonia, cyanide and thiocyanate; and also to obtain technical data for process cost estimates

Jan 1, 1996

By J. R. Levin, E. J. Schelter

"We present some of our recent efforts in the development of predictive, directed oxidation chemistry of cerium(III) complexes under non-aqueous conditions. The electrochemistry of cerium(III)- alkali metal heterobimetallic aryloxide complexes is reported and compared with cerium aryloxide complexes that are kinetically stabilized by hydrogen bonding cations that span between the complexed aryloxide ligands. Comparative electrochemical measurements reveal differences between the heterobimetallic complexes and the hydrogen-bonded complexes.INTRODUCTIONThe rare earth elements comprise the lanthanides, La–Lu, and the element yttrium (Aspinall, 2001). Rare earth ores such as monazite, LnPO4, and bastnäsite, LnFCO3, typically bear mixtures of light rare earths: La–Sm while monazite, LnPO4, contains mixtures of heavy rare earths (Eu–Lu) (Cotton, 2006). Pure rare earth elements typically are isolated using a liquid-liquid separations process.(Bautista, 1995) The hydrometallurgy of these elements is a difficult problem because the separation factors between neighboring rare earths, which are predicated on the small differences in the sizes of the trivalent ions, are quite small (Cox, 1992). The element cerium, with its 4f1 electronic configuration in the trivalent state, is unique among the rare earth elements due to a relatively accessible 4f0 electronic configuration. The accessibility of the 4f0 configuration underlies the chemistry of cerium(IV), the only rare earth ion with molecular chemistry in the tetravalent oxidation state (Cotton, 2006). Cerium is trivially separated from mixtures of light rare earths by making use of its unique oxidation chemistry. In an effort to extend separations chemistry by oxidation reactions to other rare earth elements such as terbium and praseodymium, the solution electrochemistry of well-defined cerium complexes is of interest."

Jan 1, 2012

By J. Beddoes

Many high strength aerospace alloys undergo solution heat treatment (SHT) and aging to develop precipitate strengthening. Most simply, SHT involves an isothermal hold in a single phase region followed by relatively rapid cooling to develop a super-saturated solid solution from which precipitates form during aging. However, subsequent properties are sensitively dependent on the details of the SHT, which frequently also serves a homogenization function. Altering the details of the thermal cycle during SHT significantly improves the properties attained during aging, as presented by examples of SHT design for titanium aluminide intermetallics, polycrystalline and single crystal superalloys, and 7075 aluminum.

Jan 1, 2010

By Veronique Falmagne

"In 1987 the only knowledge available of the Ansil orebody was that it was high grade, deep and relatively small . High stresses were also anticipated because there had been rockbursts during shaft sinking and destress blasting had been necessary (Fig. 1). From the design, through the development and now in the mining stage, rock mechanics and microseismic monitoring have been used to maximize recovery and safety and minimize dilution. Examples are given of the use of a microseismic monitoring system in the early stages o f mining. This paper also presents a review of the mine's in situ stress measurement campaign, cable bolting practice and backfill procedure.The Design PhaseAfter the initial mapping and classification work, preIiminary numerical modelling was performed using assumed stresses of ov = oH and oH = 3ov• The empirical Mathew's analysis was then used to optimize stope dimensions based on geomechanics data available at the time (Bawden et 01., 1988; Falmagne, 1987; Potvin et 01., 1988). Because of high stresses predicted by numerical modelling and a brittle, strong and relatively unfractured host rock which was believed to be rockburst prone, it was decided to mine without temporary or permanent pillars. However, in order to satisfy production rates, the orebody had to be broken up into two horiwns separated by a triangular pillar (Fig. 2). The final mining sequence is shown in Figure 3.The Development PhaseAt this point, based on work accomplished to date, including mapping and observations from drifting and modelling, the following problems were identified: (1) flat backs in the hangingwall andesite were thought to be highly stressed; (2) flat backs in weak massive sulphide ore would also be subjected to high stress and be difficult to support; (3) the felsic dyke was noted as a "" stress raiser"" , because activity increased as drifts approached it; and (4) chlorite coating of joints in the hangingwall was thought to be an important factor in reducing their stability."

Jan 1, 1991

By S. Jayasekera, A. M. T. S. Bandara, J. Kyle, E. Koenigsberger, L. Koenigsberger

The extraction of rare earth oxides from fluoroapatite rich phosphate concentrates often involves a weak acid leach of fluoroapatite and a sulphuric acid bake of the leach residue followed by water leach and precipitation to obtain an intermediate product. The main aim of this study was to determine and rationalize the solubility of rare earth metal ions in synthetic solutions representing various process liquors at the temperatures 40, 60 and 80oC. The liquors contained different acid and metal ion concentrations with respect to sulphuric acid, phosphoric acid and sulphate salts of sodium, magnesium, aluminium, potassium, calcium and iron(III). A solid of mixed rare earth carbonates was used as the source of rare earth metal ions. The solubility tests and characterization of solids using XRD were conducted at Murdoch University laboratories as part of the process development for the Arafura Resources Nolans rare earth project. The composition of initial carbonate solids and the solids and solutions formed after saturation were analysed for rare earth and other elements at TSW Analytical Laboratories in Perth using ICP-MS and ICP-OES. The precipitated solid in sodium-rich acidic sulphate solutions is the double salt NaRE(SO4)2 based on the solid assays. However, in acidic solutions free of sodium or of low concentrations of sodium the precipitated solid appears to be RE2(SO4)3.

Jan 1, 2014

By M. E. Wilson

"The property of McWatters Gold Mines, Limited, is in the east-central part of Rouyn township and about 6 miles east-southeast of the town of Rouyn. It includes 35 claims, the group of 5, staked originally, and 30 claims acquired in later years. The Rouyn-Val d'Or road and the Noranda Senneterre branch of the Canadian National railway both pass within a few hundred feet of the mine.The group of claims in which the mine occurs was first staked in 1922, but gold was not discovered until August 1932 when a schistose zone including veins of quartz carrying considerable free gold was laid bare in a stripped area in the northeastern part of claim R.11604. Diamond drilling undertaken in 1932, and continued into 1933, shouwd that the gold extended for at least 1,000 feet along the strike. A 3-compartment shaft was sunk to 418 feet in 1933. A mill having a capacity of 50 tons a day was constructed in 1934, and enlarged to 150 tons in 1935. Production began in 1934 and continued without interruption to June 1944. Except for a few diamond drill holes, there have been no operations on the property since that time. The maximum depth of the mine workings is 1,50) feet. A total of 368,013 tons of ore having a value of $3,946,752 and an average grade of $11.04 was mined during the years of operation.GEOLOGYThe ore mined from the property occurred within the south limb of an eastward plunging syncline of volcanics and sediments cut off on the north by the Cadillac-Bouzan Lake fault. Because the rock formations within the syncline have been severed from those outside with which they were originally continuous, their correlation is based almost wholly on lithological similarity. They include an irregular middle zone of conglomerate and greywacke underlain by north and south bands of andesite agglomerate and andesite tuff, in which lenticular bands of pillowed andesite are included."

Jan 1, 1954

By Wignall. T. K., J. De Geoffroy

Statistical models are fitted to the observed distributions of eighteen characteristics of the population of commercial porphyry deposits of North and South America. The statistical base required for the formulation of the statistical models includes 58 commercial porphyry-copper-molybdenum deposits of the Cordilleran Belt from which geological, geometric and economic data were collected. Predictive and composite models are derived from the statistical study to assist explorat10n. planning, engineering studies and fmanc1al analyses as required for the development of new porphyry deposits in the Cordilleran Belt.

Jan 1, 1973

By Unkown

To the Membership of the Institute Gentlemen: The Mineral Industry of Canada in 1948 The preliminary estimate issued by the Dominion Bureau of Statistics and tabulated in the Bulletin of January, 1949, indicated that the value of Canada's mineral production in 1948 reached an all-time high of $808,180,216, showing an increase of 25 per cent over the previous record of $644,696,007 established in the preceding year. The output value of metallics was increased by 22.4 per cent; of fuels, by 43.7 percent of other non-metallics, by 19 per 'cent; and of structural materials, by 16.8 per cent. The value of metals produced in 1948 at $483,770,759, was about $87,000,000 more than in the previous year. There were substantial increases in the tonnages of copper, lead zinc nickel, and other base metals produced, but the rises in market prices for such metals accounted for most of the gains in output values. Production of gold at 3,495,403 ounces valued at $122,339,105 indicated an increase in volume of approximately 500,000 ounces and an increase in value of 14 per cent. Despite the benefits provided under the Emergency Gold Mining Assistance Act 1948 the volume of gold produced in the year was still nearly 2,000,000 ounces less than the record of 5,300,000 ounces established in 1941. The value of mineral fuels produced in 1948, at $158,787,255, was 44 per cent above the 1947 total. Coal production at 18,431,250 tons valued at $107,298,757, while substantially higher than in the preceding year was still half a million tons below the record reached in 1942. Striking developments in the Leduc field in Alberta were responsible for bringing the output of crude petroleum in the year to a new high of 12,098,166 barrels, valued at $36,858,959.

Jan 1, 1949

By Brian W. Mackenzie

The paper addresses five questions concerning the economic of gold exploration in the western Canadian shield. Can historical footprints be used to project future gold prices for exploration planning? Experience suggests that gold price forecast are too clo ely tied to current market events to provide meaningful guidelines. What range of breakeven gold price will typically be required to ju tify gold exploration in Canada? Minimum price requirements. initially asses ed at $540 to $1080 per ounce, probably lie in the range of $480 to $760 per ounce (expressed in 1985 Canadian dollar). Within Canada, what role do regional conditions and taxation policies play in determining the viability of prospective gold exploration targets? Striking interprovincial differences are found to exist, given the same geological circum tance -Nova Scotia, ew Brunswick, and Quebec rank towards the top in term of motivating exploration, Briti h Columbia provides the least investment incentive, while Saskatchewan and Manitoba place around the middle of the Canadian league. How can minimum acceptable tonnage-grade conditions for gold targets in the western shield be established and, then, constructively applied to provide exploration planning guidelines? Minimum target conditions, realis tically defined in terms of a broad band of doubt, can be used judiciously to help balance the direct costs of uneconomic exploration with the opportunity costs associated with rejecting economic deposits. How does the average cost per ounce of gold discovered in the western shield compare with the overall Canadian experience? Average discovery costs for the we tern shield, apprai ed at $100 per ounce, are shown to compare favourably with the Canada-wide record.

Jan 1, 1986