Who owns Red Lake gold mine?

Who owns Red Lake gold mine?

Evolution is pleased to announce that it has, through a wholly owned Canadian subsidiary, entered into an agreement with Newmont Goldcorp Corporation to acquire 100% of the Red Lake gold complex in western Ontario, Canada.

How deep is the Red Lake mine?

The inferred resource is located along a 1.8 km strike length from surface down to a depth of 550 metres at the location of the historic underground Rowan Mine site.

How many mines are in Red Lake?

Red Lake boasts one of Canada’s top gold mines and has been home to 29 producing mines. Beneath It All: Red Lake’s Mining Story explores the rich history of mining in Red Lake and the people and stories that make it what is.

What do they mine in Red Lake?

The Red Lake operation is an underground gold mine in north western Ontario and is situated in one of the highest grade Archean gold camps in Canada. Acquired in April 2020, an operational transformation plan is underway to restore Red Lake to a premier Canadian gold mine.

What mines are in Red Lake Ontario?

The Red Lake operation is an underground mine, operating in three different historical mining complexes (Red Lake, Campbell and Cochenour) and the recently acquired Bateman Gold Project. The Campbell-Red Lake and Bateman gold deposits are located within the Red Lake greenstone belt of the Superior Tectonic Province.

When was gold discovered in Red Lake?

However, Red Lake’s major discovery in 1995 of the High Grade Zone makes it about 50 years “newer” for exploration potential. Gold was discovered on the shores of Red Lake by L.B. Howey in 1925. Word spread quickly and the town experienced a sudden surge in economic, industrial, and population growth.

What is Red Lake known for?

A large pool of blood coloured the water red, and the hunters named the body of water Misque Sakigon, or Colour of Blood Lake. Over the years it became known as Red Lake. From the mid-1870s to the early 1920s, the quest for furs, then for minerals, brought Europeans to the area.

What type of deposit is Red Lake?

Archean gold deposits
With a total of approximately 840 t of gold (past production + reserves) and an average grade of 21 g/t Au, the Campbell-Red Lake deposit is one of the largest and richest Archean gold deposits in Canada (Fig. 1), and belongs to a world-class (>100 t gold; see Poulsen et al.

Is there gold in Lake Ontario?

The Red Lake mine was one of the largest gold mines in Canada and in the world. The mine is located in northwestern Ontario at Red Lake. The mine had estimated reserves of 3.23 million oz of gold in 2013….Red Lake Mine.

Province Ontario
Country Canada
Coordinates 51°3′40.16″N 93°44′35.34″W

What happened Red Lake?

The Red Lake shootings were a spree killing that occurred on March 21, 2005, in two places on the Red Lake Indian Reservation in Red Lake, Minnesota, United States. That morning, 16-year-old Jeff Weise killed his grandfather (an Ojibwe tribal police sergeant) and his grandfather’s girlfriend at their home.

What is mined in Red Lake Ontario?

West Red Lake Gold Mines Inc. is based in Toronto and focused on gold exploration and development in the prolific Red Lake Gold District of Northwestern Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced 30 million ounces of gold from high grade zones.

What is primarily mined at the Kidd Creek mine?

The mine produces copper, zinc, and several other metals.

Where are gold nuggets in Ontario?

The Ontario Geological Survey reports many places where gold can be found. Recreational prospectors would do well to check out the area around the Lake of the Woods, which is located south of Kenora, Ontario. Also there are lots of streams around Chelmsford, Levak Onaping, and Dowling that are worth a look.

What year was the Red Lake school shooting?

March 21, 2005Red Lake shootings / Start date

Is Red Lake Red?

Like the Aral Sea, Iran’s salty Lake Urmia has shrunk rapidly during the past few decades. As it grows smaller, the lake grows saltier. And as it grows saltier, microscopic organisms are periodically turning the water striking shades of red and orange.

Where is most gold mined in Ontario?

Porcupine Mine The Porcupine Mine, owned by Newmont, is a surface and underground mine located in Ontario. The mine produced an estimated 319 Thousand Ounces of gold in 2020.