Porcupine Project |
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Porcupine |
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Country |
Canada
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Province |
Ontario |
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Close to |
Timmins |
Status |
PRODUCTION
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Surface |
27 km² / 6,771 acres |
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Latitude / Longitude |
48 N 30 / 81 W 14 |
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Legends
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Risk and valuation analysis of the Porcupine Project |
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Title(s) of the Porcupine Project |
| VanEck Vectors Global Alternative Energy ETF Joint venture: 51% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Goldcorp acquired the Porcupine Joint Venture from Placer Dome in May 2006. |
| VanEck Vectors Global Alternative Energy ETF Joint venture: 49% |
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Title | Company Profile | All Projects | Company website | Company project page |
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On July 1, 2002, Kinross formed a joint venture with a wholly-owned subsidiary of Placer Dome Inc. In May 2006, Goldcorp acquired Placer Dome’s 51% interest and became the operator. |
| VanEck Vectors Global Alternative Energy ETF |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Porcupine Project |
The Porcupine mine, located in Timmins, Ontario consists of three operations; Hoyle Pond underground, Parmour open pit and Dome underground as well as a central milling facility.
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History of the Porcupine Project |
The properties have produced more than 16 million ounces of gold since production began in 1910.
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Geology of the Porcupine Project |
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The Porcupine mines are situated in the Porcupine Camp in Archean rocks of the western Abitibi Greenstone belt of the Superior Province in the Canadian Shield. These consist of ultramafic and mafic volcanic rocks of the Keewatin subgroup overlain by sedimentary rocks of the Timiskaming group. The lands lie adjacent and to the north of the regionally significant Porcupine Destor Fault.
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Production history |
Metal | 2010 | 2008 | 2007 | 2006 | 2005 | 2004 |
GOLD (oz) | 265,900 | 291,000 | 310,000 | 320,000 | 375,000 | 395,500 |
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Discoveries and Drilling Results | |
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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