Foxpoint Resources (FPR-V) has resumed gold production at the Macassa mill in Kirkland Lake, Ont.
On a daily basis, the mill is running through 1,100 tons of processing tailings from the Lakeshore property. The tailings, about 40,000-60,000 tons in all, have a projected average grade of 0.13 oz. of gold per ton.
The mill will treat ore from known surface deposits, including the Lakeshore crown pillar. Near-surface ore from the existing ramp on the Lakeshore and Wright-Hargreaves properties will also be treated — until September, when underground production from the Macassa mine’s 3835 and 4250 levels gets under way.
Foxpoint plans to produce 50,000-70,000 oz. gold from May 1, 2002, to May 1, 2003.The company acquired the Macassa mine and its 2,000-ton-per-day mill from Kinross Gold (K-T) in late 2001, along with four contiguous properties that used to produce gold. Included were the Kirkland Lake Gold, Teck-Hughes, Lake Shore and Wright-Hargreaves properties, which, combined, have churned out 22 million oz. gold.Macassa stopped producing in 1999 as a result of labour problems.
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