Newfoundland mining show draws a crowd

The exhibition, called Mineralex 89, brought together a wide cross- section of groups involved in Newfoundland’s extremely active mineral exploration sector.

Attending the province’s first official exploration show were a host of senior and junior mining company geologists and engineers, service contractors, government departments and associations.

The 3-day show capped months of preparation by organizers which included the Green Bay Economic Development Association, Atlantic Expositions, and the Springdale Chamber of Commerce.

Six well-attended technical sessions given by industry geologists described the geology and history of some of the province’s main mineral discoveries and mines. Highlighting the technical talks were slide presentations covering the Duck Pond and Ming West massive sulphide deposits, and the Hope Brook, Cape Ray, and Stoger Tight gold deposits.

The show was the first official function attended by the Honorable Rex Gibbons, Newfoundland’s new minister of mines and energy.

In his speech to the delegates, Gibbons said Newfoundland is looking ahead to another active year in mineral exploration, although he admitted the declining gold price is not encouraging.

Gold has been the driving force behind much of the renewed mineral exploration activity in Newfoundland. The number of mineral claims currently in good standing is the highest ever for the province.

Gibbons said his department will continue to do all in its power to foster and advance the interests of the mineral exploration sector. He noted that a vibrant exploration sector is one of the fundamental prerequisites for a healthy and sustained mining industry.

Regarding the numerous exploration projects currently under way in Newfoundland he said, “I’d like to see a positive production decision soon.”

Industry sources agree that a positive production decision for a new mine this year would stimulate the industry and aid in sustaining momentum in the exploration sector.

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