Manitoba Mining Review 2020/21 issue

Page 8

Nickel and copper:

Manitoba’s comeback team By Susan Michaels Contributors: Chris Coueslan, Marc Rinne, Manitoba Geological Survey On the heels of a decade-long worldwide

belts). Continued exploration successes

and blue-sky opportunities in the southern

commodities slump, the impact of a 2020

and favourable, yet underexplored

Snow Lake mining camp and anticipates

global pandemic put exploration and

geology, indicate high potential for new

over 70,000 metres of exploration drilling

mining to the test. Challenges aside, two

nickel discoveries.

to due for completion by the end of 2020.

Not to be outdone, copper (copper-zinc)

Corazon Mining Limited, a battery and

production from volcanogenic massive

base-metals explorer-developer based in

sulphide (VMS) deposits, first discovered

Australia, has a strong commitment to

at Flin Flon in 1914, attracts ongoing

exploration in the Lynn Lake belt, one of

exploration. Manitoba’s world-class

Canada’s prime nickel producing regions.

polymetallic (base and precious-metal)

With improved nickel prices, Corazon

VMS deposits are clustered in several

anticipates significant re-development

significant mining districts around the

potential in their Lynn Lake Ni-Cu-Co

margins of the Kisseynew domain in

Mining Centre. Corazon’s efforts also

the Trans-Hudson Orogen, providing

led to the discovery of a large magmatic

considerable scope for both regional and

sulphide system (Fraser Lake Complex),

district-scale exploration.

an intrusive mafic body situated just

of Manitoba’s base metal “stars” – nickel and copper – may score a win as one of the best comeback stories in recent years. InvestingNews.com reported in early August that some nickel companies performed exceptionally well, rebounding from a low of US$11,055 per tonne in March to US$13,888. Elon Musk called for more mining of the base metal, with similar results for copper and a promising “upside” on pricing for the remainder of the year. Both nickel and copper are critical components of today’s cleaner, greener energy demands for hybrid cars, wind turbines, solar cells, energy-efficient

south of the Lynn Lake Mining Centre with potential to host significant Ni-Cu sulphide deposits.

Tracking exploration activities in

Another active company in the Snow

Manitoba, several companies continue to

Lake-Flin Flon greenstone belt, Wolfden

make inroads. In early 2020, successful

Resources Corporation, remains focused

assays by Rockcliff Metals at several

on advancing its 100 per cent interest

Nickel and copper have a long and

properties in the Flin Flon and Snow Lake

in the Rice Island Ni-Cu-Co deposit.

important history in Manitoba. The

greenstone belt area showed potential.

Comprising 2,611 hectares, including

discovery of nickel sulphides started

Home to deposits of copper, zinc, gold,

the flagship Rice Island deposit, the

before 1920 in the Bird River area and

and silver, the renowned Paleoproterozoic

project is at the southwest end of Rice

culminated with the discovery of the

VMS district has attracted Rockcliff’s

Island, five kilometres from Hudbay’s

world-class Thompson deposit in

efforts through an extensive portfolio of

Snow Lake concentrator and associated

northern Manitoba in 1956.

properties including eight of the highest-

mining infrastructure. Following recent

grade, undeveloped VMS deposits and

drilling results, the company confirmed

five lode-gold properties held by Goldpath

the grade and nature of Ni-Cu-Co

Resources Corp., a wholly owned

mineralization of the Main Zone. Wolfden

subsidiary of Rockcliff.

was also successful in the discovery of an

appliances, and modern communications devices from cellphones, computers, TVs, and tablets.

In Manitoba, nickel sulphide deposits are associated with mafic–ultramafic intrusions and ultramafic lava flows (komatiite). Major deposits of this type

8

Hitting the grade: Rockcliff, Corazon, Wolfden, CanAlaska, Fjordland

underlying feeder zone (New Lower Zone)

exist along the Paleoproterozoic rifted

“We continue to work hard to find

margin of the Superior province (defined

economic mining and processing

in Manitoba by the Thompson nickel belt,

methods to turn the success of

Fox River belt and Winnipegosis komatiite

our exploration efforts into a viable

belt). Other occurrences link to greenstone

construction decision for the Board to

belts of the Archean Superior province

review in 2021,” says Alistair Ross, CEO,

(Bird River and Island Lake belts) and the

president and director. The company is

In the Thompson Nickel Belt, CanAlaska

Paleoproterozoic Trans-Hudson Orogen

continuing exploration on advanced stage

Uranium Ltd.’s three properties (Strong,

(Lynn Lake and Flin Flon–Snow Lake

properties as well as emerging projects

Hunter, and North Manibridge) are

Manitoba Mining Review 2020-2021

containing high-grade nickel sulphide mineralization. Future exploration efforts are aiming at additional drilling of the mineralizing system to enlarge the known deposit and find additional deposits.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.