The Eagle River Complex, located 50 kilometres due west of Wawa, Ontario, consists of two operating gold mines which have been developed using common infrastructure and feeding the same mill. The Complex consists of two claim groups totaling over 11,000 hectares and includes the Eagle River Underground Mine (producing since 1995), the Mishi Open Pit Mine (started production in 2002) and common mineral processing facilities located adjacent to the Mishi Open Pit and permitted at 1,200 tonnes per day.

Eagle River Figure 1

The Eagle River Mine and the Mishi Mine, which are located 15 km apart in the Mishibishu Lake area. The mill site is at the former Magnacon Mine located 17 km by road north of the Eagle River Mine site.  The Mishi Mine site is located 2 km due west of the mill site. The two mines, total 11,013 hectares of staked claims, patented claims and mining leases.

The Eagle River Mill started processing ore in October 1995.  To December 31, 2019, a total of 4.2 million tonnes of ore averaging 9.6 g/t Au from the Eagle River Mine totalling approximately 1.3 million oz Au.  This includes bulk sampling by the Eagle River joint venture in 1990 which yielded 9,600 oz Au. Additional mill feed has been supplied from two satellite operations.  The Edwards Mine produced 140,000 oz Au from 390,000 t at a grade of 11.2 g/t Au from 1997-2002. The Mishi Mine yielded 59,700 oz Au from 831,000 t at a grade of 2.2 g/t Au from 2002-2019. 

Access to the Eagle River Complex is via road – travelling northwest on Highway 17 for 50 km from Wawa then southward 70 km along the Paint Lake Road.  The access road is a secondary gravel road and the trip from Wawa takes about 1.5 hours. The property is situated in the Algoma Highlands, a rugged plateau steeply incised by north-south drainages fed by SE and SW flowing tributaries.  The mine site is situated approximately 320 m above Lake Superior.

The local power supply is provided from the provincial grid via a 70 km power line owned by the Company.  Standby diesel generators provide a backup source at the mine site and mill site.  A 183-man camp kitchen and recreation facilities houses workers and is located at Cameron Lake, 3.5 km north of the mine.  A smaller camp with kitchen facilities is located at the mill and Mishi site (55 and 30-man camps, respectively).

Eagle River Area Regional Geology

 

Qualified Person

The contents of this page have been verified and approved by the Company’s VP Exploration, Michael Michaud, P. Geo. a “Qualified Person” for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects. Please refer to Company AIF available on the Company’s website and sedar.com