Karl Springer the mine founder of - The Leitch Gold Mines -
Karl Springer
1899 - 1991
Karl Springer Karl Springer,
a highly successful mine-finder, has amply proved in his career
as a prospector that not only could he find the mines
but that he could provide the inspirational leadership
and drive to make them pay.
As well, he has done pioneer work, particularly with the helicopter,
in the use of aviation in exploration and mine development.
Springer's name today is closely associated with such notable
Canadian mining ventures as Mattagami Lake Mines,
Granduc Mines, Barymin Limited, Canada Tungsten Mining Corp.,
and Newfoundland Zinc.
He was, too, one of the founding members, in 1932,
of the Prospectors and Developers Association of Canada
and in 1935 was one of the Association's first presidents.
Springer's outlook did not appear all that promising back
in the 1920's, when, with his brother Leo, he barely made
a living tending traplines in northern Quebec.
But in 1934, having turned from traplines to claim staking,
he formed Karl Springer Exploration Company,
resulting in the formation of Springer Sturgeon Gold Mines.
That company later became Barymin Limited, following discovery
and development of one of the largest barite mines in the world.
Leitch Gold Mines,
a highly profitable gold producer at Beardmore, Ontario,
was another example of Springer's ability, not only to find mines
but to provide excellent management for their dividend-paying
operations.
roxmark.com
Another long flow of dividends, for instance streamed
from Highland-Bell Mines, a silver producer in British Columbia
in which Springer and Associates bought control in 1949.
Also located in B.C. was another important Springer-inspired mining
company, Granduc Mines, a copper producer, found as the result
of exploration work by Springer's privately-funded
Helicopter Exploration company.
He was always aware of the value of aircraft in prospecting
and exploration work, and it was under his direction too,
that Central British Columbia Airways grew from a small
bush-flying air service into what at one time was Canada's
third largest airline, Pacific Western Airlines.
(As a footnote, Pacific Western not long ago acquired CP Air,
now re-organized as Canadian Airlines International).
Then, utilizing his knowledge of both air service and prospecting,
Springer organized, first, the Mattagami Syndicate in which his
Leitch and Highland-Bell companies participated to discover
the massive zinc-copper-gold-silver orebody of
Mattagami Lake Mines in northwestern Quebec, and second
the McKenzie Syndicate, which resulted in the discovery,
(via a 1957 airborne survey), of
Canada Tungsten Mining Corp.'s exceptional tungsten deposit
in the Northwest Territories.
In another Leitch/Highland-Bell joint venture,
For example, the Leitch Mine (now on Roxmark land) was one
of Ontario’s highest grade and most profitable gold mines,
producing 860,648 ounces from 906,395 tons of ore at an
average recovered grade of 0.91 oz.Au/ton.
Even more impressively, the average recovered grade over
the last ten years of the mine’s operation was 1.15 oz.Au/ton.
One of the richest Gold mines in the world -
roxmark.com
Springer was
responsible for the formation of Newfoundland Zinc,
a private company.
Discovered in 1963 and put into production in 1975 by
Teck Corp., (after Teck had acquired both Leitch and Highland-Bell),
Newfoundland Zinc is still in production.
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RMK Gold report -
RMK add the richest Gold Mine in Canada to RMK Gold mines holdings
at least a billion$fiatz peanutz -
RMK with Record # 1 in Au Richest grades per tonnage -
will still be mined 100 yrs after we gone -
RMK add min. another billion$fiatz + in value for the
some of the other rich old gold mines RMK owns -
roxmark.com
Northern Empire Gold Mine - made Newmont NEM lots of Gold -
NEM become very rich - richest in US Gold mining -
Its plenty of new rich Gold ore found -
roxmark.com
it was a very rich Gold mine in the first case -
and the oldtimers only got a sniff of
the Au treasures bellow -
its no bottom in sight - its gets richer and richer -
the further done we go -
Canadian Roxmark Mines -
bought Northern Empire Gold Mine back into Canadian RMK -
but do the Canadians know the value GOLD or how buy RMK? -
Got RMK Roxmark Northern Empire Gold Long Term Safety -
The eating me today - will RMK be eaten to?
Greenstone area looking forward to mining resurgence -
Tb News Source
Web Posted: 11/21/2007 4:42:06 PM
It was known as the Greenstone Gold belt and if recent
announcements are any indication, that title may still
ring true.
This week Roxmark Mines Limited announced the company
is planning to re-open the Northern Empire Mine -
in Beardmore next year.
In the coming months, the company proceed with all
the necessary steps, including mine planning, permitting
and employee training.
Roxmark President Monir Younan says it is difficult at
this time to determine how many jobs would become
available but he estimates up to 125 positions at the
revived site.
Younan says the Northern Empire mine is unique because
it has existing infrastructure.
Because of that he is estimating $8-10 million in capital
upgrades before the mine can re-open.
Roxmark's currently owns at least ten gold properities in
the Geraldton- Beardmore area but they are not alone.
More than a handful of companies are in the exploration
stages in the municipality.
Premier Gold Mines Limited in a joint venture with Roxmark
is spending 2.5 million dollars to explore the former
Little Long Lac Mine.
And both Kodiak Exploration, a BC based company and
Sage Gold are also active in the municipality.
This is all positive news says Greenstone Mayor Michael
Power, who adds that this is just the beginning,
with more announcements expected shortly.
tbsource.com
siliconinvestor.com
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