Fox wins prospector award from BC Chamber

Peter FoxPeter Fox

Peter Fox, who discovered the QR gold mine near Quesnel, B.C., will be presented with the British Columbia Chamber of Mines’ H.H. “Spud” Huestis Award, honouring excellence in prospecting.

The award will be presented at a banquet on Jan. 28 during the 21st annual Mineral Exploration Roundup, at the Westin Bayshore Resort in Vancouver.

Fox, who is president and owner of Fox Geological Consultants, helped shape the geological understanding of porphyry copper-gold deposits, platinum group element mineralization and epithermal gold systems throughout British Columbia, the Yukon and Alaska.

At the QR mine, an induced-polarization survey flown by Cross Lake Minerals has outlined what may be a new gold zone. Cross Lake can buy QR from Kinross Gold for $800,000 by May 2004.

Another winner was Barrick Gold’s Eskay Creek team (1995-2002), which received the Chamber’s E.A. Scholz Award for mine development.

Eskay Creek, an underground gold-silver mine in northern British Columbia, about 80 km north of Stewart, has a reserve of 1.4 million oz. gold and 64.4 million oz. silver. Production began in 1995, and Barrick acquired its 100% interest in the mine through its merger with Homestake in December 2001. In 2002, Eskay Creek produced a record 358,718 oz. gold and 17.8 million oz. silver, at a total cash cost of US$40 per oz. gold (with silver credits).

The Murray Pezim Award, which recognizes achievements in mineral exploration finance, was given to John Tognetti, president and CEO of Vancouver-based Haywood Securities.

Banquet tickets can be purchased for $75 from Colleen Giroux at (604) 689-5271, ext. 23.

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