New zone at Campbell Red Lake

Already a highly profitable and important young gold producer, Dome-directed Campbell Red Lake Mines has been opening up an entirely new type of deposit that could well establish it as one of the ranking mines in Canada.

The new deposit has extremely healthy tonnage possibilities and a grade of more than $20 per ton. It extends from surface right through to the seventh level to 1,000 ft.

The property, in the Red Lake district of northern Ontario, contains an orebody of at least 200 ft. established on all levels.

Last year’s production record of nearly $2.25 million, which resulted in a net profit of 14 per share, will likely fall by the wayside. The daily milling rate is up from 400 tons to well over the 500-ton-per-day mark. The Northern Miner calculates that, with a recovery of roughly $15 per ton, this year’s production will exceed $2.5 million.

BC asbestos mill design submitted

The design phase of a British Columbia mill that would put Cassiar Asbestos Corp. into production at about 250 tons per day is now well-advanced. Within a week, the board of directors at Conwest, the mine’s owner, is expected to render its final decision.

Mill feed in the first 3-4 years will be drawn from natural surface accumulations; it will not be necessary to go underground. The end product will be long fibre, which should fetch $300-400 per ton.

Sales arrangements are under discussion.

Inco’s expansion continues

The International Nickel Company’s is changing over to completely underground mining.

The big open pit at Frood, near Sudbury, Ont., which supplied up to 30,000 tons of ore daily during the war years, is gradually being replaced by ore from expanded and new mines. By the time the pit is exhausted, in 1953, underground mining capacity will exceed 65,000 tons per day, or 13 million tons annually.

Capital expenditures in connection with the transition have reached $100 million since the Second World War.

Despite the shortage of labour, slow deliveries of material, a shorter work week and unexpected demand for nickel for defence purposes, the program is ahead of schedule.

Bralorne goes deeper

Bralorne Mines, long considered the biggest and best of British Columbia’s gold mines, is going just as strong as ever. The Northern Miner recently visited the property, which is in Bridge River district, roughly 200 miles north of Vancouver.

Preliminary work to open up a block of six levels to a depth of 900 ft. below the developed horizons has been completed.

On Level 26, now the bottom, drifting has not yet reached the known ore areas of upper levels. However, from the little that can be witnessed, the prospects for doing so are distinctly promising.

For example, the easterly end of the 77 vein carries an encouraging amount of gold.