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By G. S. Hume

FOR MANY YEARS Canada lived in the hope of attaining a substantial production of petroleum and natural gas that, to geologists familiar with the sedimentary basins of this country, seemed an entirely reasonable expectation. There have been surges of exploration activity stimulated by oil and gas discoveries and development such as occurred in Turner Valley. However, it was not until the Leduc field in Alberta was found in 1947, and the significance of that discovery was realized, that the search became really intensive and continuons. Expansion now has become a matter-of-fact attitude based on results which would have been considered impossible of achievement a few years ago.

Jan 1, 1957

By Pravin Mathur

"Praxair's CoJet® technology was introduced in 1997 to effectively inject chemical energy in electric arc furnaces. Coherent jets were invented as a revolutionary means of injecting oxygen and other gases into the EAF and into converters. Today, steel makers have widely accepted this concept in over 70 EAFs worldwide. Indeed, the whole industry has shifted to this new standard for chemical energy input in EAFs. CoJet® technology has also been implemented successfully in BOF converters.This paper will review the principles of coherent jets as applied to steelmaking. The key learnings garnered from several furnaces are also reviewed. In addition, while the CoJet® program has been widely accepted worldwide, based on steady feedback received from customers and the market place, several programs are underway in development and commercialization. These enhancements and new applications of CoJet® technology are also overviewed in the paper."

Jan 1, 2004

By E. M. Cameron

Reconnaissance radiometric and geochemical data have been obtained for an area on the western shore of Wollaston Lake that includes the Rabbit Lake uranium deposit. The study area is extensively drift cover ed. The geochemical data were obtained by analysis of center-lake sediments and surface waters for a variety of elements and other constituents. The airborne radiometric data comprise measurements of eU, eTh and K obtained with a .50,000-cc NaI (Tl) detector at a mean terrain clearance of 120 m and 5-km flight-line spacing. Uranium in lake sediments and uranium in waters are the most effective geochemical indicators of uranium mineralization; the other elements measured are not notably anomalous. A sample site density of one per 1 8 km 2 is more than adequate for identification of the mineralized area. Because many water samples contain close to or below the current analytical detection limit of 0.05 ppb U, the use of sediments is generally favoured. for broad-scale reconnaissance in the region. Uranium in these lake sediments appears to be little influenced by variations in the organic or iron and manganese content. The most effective radiometric indicator of the mineralization is the eU/eTh ratio. This parameter is less influenced by environmental variation on the ground beneath the flight line than eU alone . The eTh/K ratio is anomalous under the Athabasca Formation unconformity where, in places, the uranium mineralization is localized.

Jan 1, 1977

By D. Hu, L. Matzar, J. Hampton, M. Gutierrez

Nanodarcy permeability is common in many oil- and gas-bearing formations requiring unconventional stimulation technologies, such as hydraulic fracturing (HF), which can connect the isolated hydrocarbon-rich pores with a wellbore through induced fracture networks. Even though a dense induced fracture network is capable of accessing economic amounts of hydrocarbons, much of the rock between and very close to the fracture network is still un-accessed and contains extremely low permeability. Inducing fracture networks into brittle rock can create large amounts of micro failures in surrounding regions that are not connected to the wellbore, as can be seen in Fig. 1(a) from the very wide acoustic emissions (AEs) cloud associated with a narrow fracture generation. It is possible in certain types of rock to increase the effective matrix permeability in localized regions based on the damage associated with the surrounding hydraulic fractures and subsequent high stress concentrations along localized pre-existing potential failure zones. To study this problem, laboratory HF tests were performed at true-triaxial stress state in brittle crystalline rock while monitoring AEs. The AE associated with HF was analyzed for source parameters using the moment tensor inversion method called Simplified Green’s Functions for Moment Tensor Analysis (SiGMA). Using the moment tensor for each individual AE event, the mode of failure was determined. Crack slip directions and crack face normal directions were also found, along with the relative volume of individual micro failures as well as a damage parameter. The associated source parameters were used to classify differing regions of damage in the sample induced from HF and correlate these regions of differing damage to the effective drainage region. Shown in Fig. 1(b) is a near-wellbore (NWB) region that contained three times larger average relative volumetric deformation of individual tensile AE events than the average tensile AE event volume from the entire sample. Because of the large difference in micro fracture volumetric deformation for the NWB region compared to the entire sample, predictions of HF induced damage must be included in reservoir drainage predictions.

Jan 1, 2015

By José L. Carvalho

"Time-dependent swelling deformation of several shaley rock formations in Ontario is a wellknown phenomenon. In shales and mudstones with a higher salt concentration in the pore fluid than the ambient fluid, the outward gradient generates an osmotic pressure which acts as the driving force for swelling. The swelling phenomenon appears to be related to ion exchange between the rock porewater and the surrounding water.The swelling potential is expressed as the percent swelling strain that occurs per log cycle of time, in either the vertical (perpendicular to bedding) or horizontal (parallel to bedding) directions. In addition, the swelling potential is also noted to be stress dependent. In practice, therefore, the conditions required for swelling are (i) the accessibility to water, and (ii) an outward salt concentration gradient from pore fluid of the rock to the ambient fluid. The relief of in-situ rock stress during excavation serves an initiating mechanism (Lo and Micic, 2010).INTRODUCTIONTime-dependent swelling deformation of several shaley rock formations in Ontario is a well-known phenomenon. In shales and mudstones with a higher salt concentration in the pore fluid than the ambient fluid, the outward gradient generates an osmotic pressure which acts as the driving force for swelling. Swelling is also controlled by the inter-particle bonding; if the bond strength exceeds the osmotic pressure, swelling will not occur, and vice-versa. The bond strength can be reflected by the calcite content which forms cementation bond between rock particles."

Jan 1, 2015

By W. S. Szolga, M. Moser, M. D. Soderstrom, L. Cohen

"CYANEX® 272 is a phosphinic acid-based solvent extraction reagent used commercially since the early 80’s to recover and purify cobalt from sulfate solutions. Historically, the design of CYANEX 272 circuits has involved the selection of an optimal pH profile during pilot-scale testing using mixbox pH control. The desired pH profile is required to be carefully controlled in the same manner during commercial operation. To assist operators in the design and optimization of their circuits, Solvay developed CYANEX 272-specific solvent extraction modeling software, which has enabled determination of the ideal pH profile and staging configuration. Solvay’s recent advances in modeling capabilities have allowed the simulation of circuits without direct mixbox pH control. Modeling has indicated that circuits operated without direct pH control can achieve the desired metal separation while simplifying the commercial operation significantly. This paper reviews a number of potential circuit configurations for the use of CYANEX 272 and demonstrates the separations achievable under the right design and operational conditions, some of which have historically been considered too difficult.INTRODUCTION CYANEX® 272 is a phosphinic-acid based reagent designed specifically for the separation of cobalt from nickel by solvent extraction from weakly acidic sulfate solutions (Rickelton, Robertson, & Burley, 1982; Rickelton, Flett, & West, 1984; Rickelton & Nucciarone, 1997). Following commercial introduction in the 1980’s, CYANEX 272 has been used in a number of hydrometallurgical flowsheets for cobalt purification and/or recovery. CYANEX 272 metal extraction occurs by means of a cation exchange mechanism. Extraction of a divalent metal ion M2+ is represented by the following equation where RH represents the CYANEX 272 ligand and MR2 represents the ligand-metal complex."

Jan 1, 2017

"AbstractThe Sedimentary Basin area of Western Canada, which lies between the Precambrian Shield and the Cordilleran mountain area, covers approximately 800,000 square miles. Sediments ranging in age from Cambrian to Tertiary are present and, of these, horizons in the Upper and Lower Cretaceous, Jurassic, Mississippian, and Devonian have yielded commercial oil and gas flows. Producing horizons in the Cretaceous and Jurassic are sandstone, while all those of the Palaeozoic are carbonate rocks such as red limestone or dolomite (bioherms). Shows of oil and gas have been encountered also in the Cambrian and Triassic sediments.The broad structural features of this vast expanse of sedimentary rocks are the Moose Jaw syncline, the Sweet Grass-Battle River arch, the Alberta syncline, the Foothills belt, the Rocky and Mackenzie mountains, the Great Bear-Slave Lake basin, and the Mackenzie Delta Basin area.This contribution outlines the .stratigraphy and structure of the Basin area, and gives examples of present producing oilfield structures and stratigraphic traps.Part 1.-Regional StratigraphyIntroductionThe vast expanse of relatively undisturbed sedimentary rocks of western Canada has long been recognized as prospective territory to search for oil and/ or gas. This search in western Canada dates back before the turn of the century, but, considering the size of area to be explored and tested, the effort an<l money expended upon it, which, before the recent discovery of oil at Leduc, Alberta, appeared large and fruitless, now seems almost ridiculously small. A check-up of effort and money expended prior to and since the Leduc discovery would undoubtedly reveal that more wildcatting and development has taken place during the last two and a half years than during all previous years combined. The figures would astound not only the average citizen, but many within the industry itself."

Jan 1, 1950

By J. A. Morgan, W. A. Barclay, J. C. Pedersen, I. C. Campbell, D. S. Bubar, R. P. Taylor

"Abstract - The Lilypad Lakes property is host to a group of Ta-mineralized dikes that occur over an area of at least 10 km2. Field relationships are consistent with a syn- to late syn-tectonic timing for their emplacement (with respect to the major regional D1 episode of deformation), with several of the dikes exhibiting a steeply dipping, open, S- to M- to Z-shaped fold geometry. Individual dikes range up to 30 m wide (Rubellite Dyke, Pollucite Dyke), have strike lengths of up to 750 m (e.g., JJ Dyke), and are continuous to depths of greater than 250 m (e.g., Rubellite Dyke, Pollucite Dyke). Typically, they display sharp intrusive contacts characterized by the development of thin, holmquistite-rich haloes. The Tamineralized dikes are comprised of silica- and alumina-rich, sodic, granitic pegmatites that display extreme levels of geochemical fractionation (K/Rb typically < 10.0, as low as 2.2; Nb/Ta typically < 0.20, as low as 0.03), and enrichments in an economically important group of lithophile elements, most notably Li, Rb, Cs, and Ta. Geochemical assays of individual surface grab and drill core samples have yielded values as high as 1.51 wt.% Li2O, 1.25 wt.% Rb2O, 6.21 wt.% Cs2O, and 0.108 wt.% Ta2O5. Diamond drilling has established the presence of wide (~20 m), potentially ore-grade intersections of Ta mineralization (>0.045 wt.% Ta2O5) in both the Rubellite and the Pollucite Dykes.Three Ta-oxide minerals (microlite, wodginite, manganotantalite) of primary origin predominate in the Ta-mineralized dikes, where they occur as fine, disseminated grains in the albite-rich pegmatite matrix. The sequence of crystallization is typically manganotantalite wodginite microlite, which conforms to a well-established paragenetic sequence for rare-element granitic pegmatites in general. All three of the primary Ta oxides are characterized by a high degree of chemical purity (e.g., average Ta concentrations in microlite from 77-79 wt.% Ta2O5), a compositional feature consistent with the extreme levels of geochemical fractionation characteristic of the host granitic pegmatites, and one that indicates that the Lilypad Lakes pegmatites are likely to produce Ta mineral concentrates of the very highest quality.Locally, a second generation of Ta minerals is present, restricted to small vugs in the pegmatite matrix that are surrounded by fine aggregates of K-rich mica or clay. The secondary Ta minerals are dominated by microlite, which is typically intergrown with fluorite and Fe-sulphides, and is distinguished from its primary counterpart by its lower Ta content (around 70 wt.% Ta2O5) and much higher concentration of uranium (up to 9 wt.% UO2). Also, secondary microlite consistently yields low analytical totals from electron microprobe analysis, suggesting that it is H2O-rich. The presence of this second, vug-related generation of microlite, together with the occurrence of localized networks of crosscutting fractures that host high concentrations of Cs and Rb (in the minerals pollucite and Rb-Kfeldspar), suggests that a late-stage, fluid-dominated metasomatic/hydrothermal event may have been important in certain sections of the dikes, and has effected a redistribution of the economically important elements Ta and Cs."

Jan 1, 2005

By F. M. Doyle, G. Sidhu, A. J. Dussault, A. Raygani

There is a growing demand for rare earth metals for use in high strength permanent magnets, most notably Nd2Fe14B. Rare earth metals are extremely reactive, with reduction potentials around -2.5V SHE, and are conventionally produced by molten salt electrolysis. The current work was done to investigate an earlier report of electrodeposition of a neodymium ferroalloy from aqueous solution, to determine whether this approach could be an environmentally and economically competitive commercial approach for producing feedstock for permanent magnets. Such a process would be analogous thermodynamically to the Castner- Kellner process, in which aqueous sodium chloride brine is electrolyzed in cells with mercury cathodes. Metallic sodium forms an alloy (amalgam) at the cathode, thereby lowering the activity of the metallic sodium significantly below unity and making the reduction potential of sodium significantly less negative than the standard reduction potential. Here we report the effects of Nd/Fe ratio in the electrolyte, current density, temperature and two different complexing agents, glycine and cysteine, on the composition and morphology of the electrodeposits, along with current efficiency. The energy needed to produce neodymium as Nd:Fe alloys by aqueous electrodeposition was compared with values estimated for production by molten salt electrolysis and the thermodynamic energy requirement.

Jan 1, 2014

By G. M. Behrend

"The mining and processing of mineral ores is a very old industry which is steeped in tradition. Rising demand for metals has recently forced the exploitation of lower-grade orebodies which require extensive beneficiation. The high capital expenditures involved, together with market pressures for high-quality concentrates and pellets, have forced the development of new process technologies which are heavily dependent on automatic process control. Development of suitable instrumentation has been rapid and it is being applied to mining processes today with a high degree of sophistication. The drive for higher efficiency and profitability goes on and has reached a level at which modern digital computers appear to be the only answer. However, the efficient application of a digital process computer is extremely complicated and is therefore approached by the mining industry with considerable hesitation.Some of the benefits promised by the digital computer can be obtained today by other means, which are more manageable and can provide immediate payoff. The result would be a building-block system which would utilize the digital process computer as its final component, to perform true plant optimization, free from routine chores."

Jan 1, 1971

By S. Mohammadnejad, M. Olizadeh, B. Mehrabi

A new method using a combination of comprehensive mineralogical and analytical approach which includes optical and electrical microscopy and several analytical techniques with diagnostic leaching has been used to characterize the associations and distribution of gold in a variety of minerals from the Zarshuran refractory gold ore, NW Iran. Zarshuran ore with an average of 7.9 g/t Au-grade and about 8% arsenic with gold recovery less than 20% in direct cyanidation is considered as high arsenic, high au-grade refractory gold ore. In most of the refractory ores, gold is associated with arsenopyrite and co-para genetic ore minerals, while in Zarshuran ore; gold is associated with orpiment, realgar and arsenian-pyrite. Considering its mineralogy and As content, it can be considered as the most difficult refractory ore for characterization and processing. Results from the mineralogical examination and diagnostic leaches indicate that there is only a small amount of free gold (17-19%) that is present in cyanide-soluble sulfo-arsenides compounds, predominantly orpiment and realgar. Diagnostic leaches also indicate that little gold is occluded within the silicate structure (14%). Overall, the gold is mostly included in sulfides, arsenic sulfides and sulfo-arsenides (50%). The results also have shown how the technique can be used to gain a good initial understanding of potential metallurgical problems for a refractory gold ore.

Jan 1, 2005

By M. Yavuz

As a branch of Operations Research, decision making is a widely used application in both science and social sciences. There are many different methods developed to solve decision making problems in the literature. In this study, Fuzzy Analytic Hierarchy Process (AHP) method is performed for the selection of reclamation project selection in an open pit mine and the optimal solution of the problem is investigated. Different reclamation project alternatives are prepared for an open pit mine, which continues to its production activities in magnesite sector in Turkey. The data obtained from Magnesite Cooperation is used in the application of the method. A decision-making process is prepared as considering the project alternatives for the purpose of selecting the most suitable reclamation project. The entire criteria that affect the decision-making process are identified and transformed into a hierarchical structure. The problem is solved by using Fuzzy AHP method developed according to this structure. It is found that Fuzzy AHP is a method that may help decision-makers in solving different decision-making problems in mining.

Aug 1, 2013

By M. Maldonado

This work details the application of a decentralized control strategy to a pilot flotation column working with a two-phase system (water-air). The process is represented by a multivariable system composed of three inputs and three outputs. The selected control variables are the froth depth, the air hold-up and the bias rate, whereas the corresponding manipulated variables are the set-points of the local flow controllers of tailings, air and wash water. All controlled variables are estimated using electrical conductivity based techniques. In particular, the results of a new method for estimating the bias rate, based on the measurement of the volumetric fraction of wash water under the interface, is presented. This method reduces the coupling problem associated to the bias estimation as a difference between feed and tailing water rates. Moreover, the nominal system transfer matrix can be represented by an upper triangular matrix, in such a way that the closed-loop system stability reduces to the stability of the independent control loops. The experimental results show that the closed-loop system performance, particularly that of the bias rate loop, is strongly dependent on the air flow rate, reaching in some cases the saturation point of the controller.

Jan 1, 2007

By G. O. Prickett, P. Somasundaran

An application of the statistical and computer techniques in basic mineral processing research is illustrated by means of a case history involving the study of starch adsorption on calcite. Multi-factorial experimental designs and computer techniques were used for determining the effect of different system variables, such as solution pH, sodium oleate concentration and starch concentration, and to obtain a mathematical model of the response. Response maps enabled the investigators to see the effects clearly and to predict the results of changes in factor levels within the design region. Use of time-shared computers and plotters made data processing and analysis efficient and relatively inexpensive.

Jan 1, 1973

By K. S. Coley, G. A. Irons, T. Kaneyasu

"It is very important to reveal the lime dissolution mechanism in steelmaking slag, to promote its dissolution without calcium fluoride, which is now almost forbidden for use in most industrialized countries. In this research, the purpose was focused on the development of an experimental method to measure the mutual diffusivity of Ca2+ under the condition of lime dissolution into slag. By forming diffusion couples using a ""vacuum slag aspirating technique"", the method was established. The following mutual diffusivities of Ca2+, in CaO-SiO2-FeO slag systems, imitating oxygen steelmaking slag, were determined using this method:4.1*10-10 m2/s at 1400°C for 27wt.%CaO-53wt.%SiO2-20wt.%FeO slag,4.3* 10-10 m2/s and at 1400°C for 20wt.%CaO-40wt.%SiO2-40wt.%FeO slag, and 1.3*10-10 m2/s at 1250°C for 20wt.%CaO-40wt.%SiO2-40wt.%FeO slag.It was also verified that, if the basicity and ferrite content of the bulk slag are low, then a calcium silicate film forms on the lime surface, and drastically deters the lime dissolution."

Jan 1, 2004

By A. R. Sorta, D. C. Sego

ABSTRACT The settling, shear strength, and index properties of oil sands fines-sand mixture tailings (FSMT) for a wide range of solids and fines content are investigated. Results indicate that the liquid limit of FSMT obeys a linear mixture law. The fines-water ratio (FWR) governs the permeability of composite tailings (CT) and CT with comparable geotechnical behaviour can be produced from the same initial FWR mixtures. A phosphogypsum (PG) dosage > 900 mg/kg does not improve the dewatering behaviour of CT. The undrained shear strength of FSMT at the liquid limit is approximately 2.4 kPa, but is dependent on fines content at the plastic limit.

Jan 1, 2013

By R. E. Whitehead

"Abstract - Alkali-alumina and MgO-alumina plots are an effective instrument for displaying chemical and mineralogical compositions of altered and unaltered rhyolites and rhyodacites. They reveal that most supposedly unaltered rhyolites, apart from those of Cenozoic age, have undergone losses in Na2O and gains in K2O. The extreme loss of Na2O from highly altered rhyolites immediately adjacent to VMS deposits is strikingly illustrated by alkali-alumina plots. MgO/Al2O3 vs. K2O/Al2O3 diagrams display a strong negative correlation between MgO and K2O that results from the conversion of sericite to chlorite. A similar negative correlation between MgO and whole-rock d18O is apparent on plots of these two parameters. Alkali-alumina plots underscore problems in selecting appropriate precursor compositions required for mass-balance calculations. Molar ratio plots are a viable alternative to such calculations. Sommaire -Les diagrammes alcali-alumine et MgO-alumine constituent un instrument efficace pour la représentation des compositions chimiques et minéralogiques des rhyolites et rhyodacites altérées et fraîches.Ces diagrammes révèlent qu’à l&apos;exception de celles d’âge Cénozoïque, la plupart des rhyolites qualifiées de fraîches ont subi une perte de Na2O et un gain de K2O. L’intense perte en Na2O que l’on note dans les rhyolites fortement altérées associées aux gîtes de type SMV est particulièrement bien mise en évidence par le diagramme alcali-alumine. Le diagramme MgO/Al2O3 vs. K2O/Al2O3 montre une forte corrélation inverse entre le MgO et le K2O due à la conversion de la séricite en chlorite. Une corrélation inverse analogue entre le MgO et le d18O de la roche totale s’observe sur un graphe comparant ces deux paramètres. L’usage du diagramme alcali-alumine fait ressortir combien il peut être difficile de choisir un précurseur de composition appropriée pour des calculs de balance de masse. Les diagrammes de rapport molaire constituent une alternative à de tels calculs."

Jan 1, 2006

By K. Morin, C. -Y. Hon, G. Lachapelle

"Air-sampling results suggest drill operators working inside environmental drilling cabs at an open-pit gold mine in Nunavut, Canada, are at risk of exposure to asbestos and silica (quartz). The authors installed RESPA® CF Vortex HyperFLOW® units, which showed promising results under laboratory conditions. The goal was to evaluate the effectiveness of these units under actual working conditions. Personal and area air sampling was conducted in drilling cabs with and without the unit and a Wilcoxon rank-sum test was performed to compare the results. Particulate concentrations were significantly lower in drill cabs with a unit installed than in those without.RÉSUMÉ Selon les résultats d’une campagne d’échantillonnage de l’air, les foreurs travaillant dans des cabines de forage environnemental dans une mine d’or à ciel ouvert du Nunavut, au Canada, risquent d’être exposés à l’amiante et la silice (sous forme de quartz). Les auteurs ont installé des unités RESPA® CF Vortex HyperFLOW®, lesquelles of frent des résultats prometteurs en laboratoire. L’objectif est d’évaluer l’efficacité de ces unités dans des conditions de travail réelles. Des échantillons de l’air inhalé par le personnel et dans les aires de travail ont été évalués dans des cabines de foreuses équipées ou non de cette unité ; un test de Wilcoxon (également appelé test de la somme des rangs de Wilcoxon) a été mené afin de comparer les résultats. Les concentrations particulaires étaient considérablement plus faibles dans les cabines de foreuses équipées d’une unité que dans celles en étant dépourvues.INTRODUCTIONGenerally, mining operations are associated with a variety of occupational hazards. In an open-pit gold mine in Nunavut, Canada, drill operators are routinely exposed to asbestos (primarily amosite) and silica (quartz)—two naturally occurring substances in the ore that is to be drilled (Table 1). Inhalation is the primary route of exposure for these two hazards, which are associated with respiratory health effects such as asbestosis and silicosis, respectively. In addition, asbestos and silica are classified as human carcinogens by the International Agency for Research in Cancer (2001, 2011). Given the toxicity of these two agents, it is imperative that precautions be taken to minimize the risk of exposure of the mine’s workforce. To address this matter, the mine has an exposure-control plan, which includes the provision of personal protective equipment, personal hygiene facilities, training, and a medical surveillance program. Furthermore, the mine performs occupational exposure assessments or air sampling on a regular basis because the morphology of the ore changes rapidly with respect to asbestos and silica content."

Jan 1, 2017

By George F. Crocker

Introduction The Helen mine and the Victoria mine of Algoma Ore Properties, Limited, in the Michipicoten district, Ontario, are 120 miles north of Sault Ste. Marie, on the north shore of lake Superior. They are on the Algoma Central railway between Hawk Junction and Michipicoten Harbour. Between them, these mines have produced 10,757,113 tons of iron ore. From 1900 to 1918, 2,823,369 gross tons of brown ore was shipped, and from 1939 to the end of 1949, 7,933,744 tons of siderite was produced from the open-pit operations and underground development. The finished product, known as &apos;Algoma sinter&apos;, is shipped to blast furnaces both in Canada and the United States. The iron-ore bodies are a part of a tabular shaped area of iron formation that extends over a length of more than 10,000 feet and has maximum width of 1,000 feet. The two siderite orebodies, known as the Helen and Victoria, are separated by two diabase dykes. The Helen orebody is 1,600 feet long with a maximum width of 250 feet and the Victoria is 1,200 feet long with a width comparable to the Helen. These orebodies are considered to be a replacement of the original rock by iron carbonate. The introduction of the iron-1bearing material probably occurred after the development of the major folded structures. The open-pit mining of siderite started in the Helen ore body in 1939 and continued until 1945. During this period, 3,853,395 tons of ore was mined. Open-pit mining started in the Victoria body in 1946 and is still being carried on. Underground development commenced in September, 1947. Diamond drilling and surface sampling had shown the Helen deposit to average 35.61 per cent Fe and 7.28 per cent SiO2, and the Vi.otoria deposit 33.73 per cent Fe and 10347 per cent SiO2?

Jan 1, 1950

By Rodney A. Cooper

The Mary River iron ore deposits were discovered in the 1960?s. The high quality of the deposits was immediately evident, and drilling programs were successful in defining a resource adequate for supporting a feasibility study. Through a combination of ownership, market and political forces, the deposits were not developed. Having missed the window of opportunity, the project remained dormant for over three decades. Baffinland Iron Mines Corporation, with its 100% ownership of the Mary River deposits, began trading publicly in 2004. Modern exploration and metallurgical test work began in 2004 and has continued in 2005 and 2006, resulting in total expenditures during this period of almost C$60 million. In May 2006, an engineering team lead by Aker Kvaerner E&C, a division of Aker Kvaerner Canada Inc., completed a scoping study based on the first of five identified deposits. Highlights of that study include direct shipping of high quality lump ore to Europe over a 34 year mine life at a production rate of 10 million tonnes per annum, based on an indicated resource of 309 million tonnes at 66.1% Fe and an inferred resource of 28 million tonnes at 65.9% Fe. Capital costs were estimated at C$1.5 billion. Using iron ore prices approximately 36% below that of the 2006 market, a pre-tax internal rate of return of 15% was estimated assuming equity financing. Payback on initial capital was 5.9 years. The pre-tax life-of-mine cash flow was estimated to be C$6.3 billion. As a result of this study, Baffinland initiated a Definitive Feasibility Study, under the management of Aker Kvaerner, which is scheduled for completion in December 2007. This paper touches on the geology of the deposits, the current resource and the outlook for expansion. Project permitting, construction planning, logistical challenges and ocean shipping considerations are discussed, providing a current perspective on the project scale, scope and timeline for commercial production. In addition, an overview of the Company?s bulk sampling program will be provided.

May 1, 2007