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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (19702)	9/1/2006 2:15:14 PM
From: E. Charters	Read Replies (2) of 78408

This could be fiction... Many times I wish it were, actually --> I interviewed for a company that used to run a copper mine near Stewart B.C. which gets the greatest snowfall of any city in the world. (60 feet per year.. the rumour of 60 feet per month is baseless).. The company was looking to get out of the copper mining business at the Granduc,as it was making zero dollars or less per ton. They had engineered this 10 mile tram system where the ore was taken from the mine through several mountains to the mill. Neat. Anyway we were looking at at a map on the wall discussing what prospecting work I would do for the company. I had just finished working for Kerr Addison Mine and I had noted that they had chrome mica dolomite rock in their display cases that was highly unusual and only found in 7 places in the world. The mine I had worked at was one of them. I glanced at the map and saw it represented many mineral locations in streams and had the occasional vein drawn on a mountain pass. I asked what placer activity there was in the area, and got the answer that it was variable and some small operations had in the past put through a few tons with mixed results. I asked what the veins' character were in general and got the reply that they were massive sulfides, with some lead, zinc and high pyrite. I volunteered that a helicopter program to pan the streams with some fly camps would lead back to some gold locations and the massive sulphide veins might prove be economic in gold, with some process details to work out. I pointed at one of the creeks on the map. "This one, Eskay Creek, looks promising, as there are several veins and more than one gold occurence.. what do you think about starting there?" I asked. The year was 1980. The company, Esso Minerals allowed that they liked the idea of mining gold but found my exploration idea impractical. They declined to retain me. Murray Pezim was talking to the Esso Minerals exploration honcho later at a mining function, (The Esso Minerals guy was also the president of the Yukon and BC Chamber of Mines at the time), and he (Pezim) did not think the idea was so crazy. Seven mines later it appears that it was not so dad blamed nuts at all. It is one thing to have an idea, and another to profit from it. It takes money to make money. EC<:-}

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