| ISLAND COPPER Project |
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ISLAND COPPER |
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Country |
Canada
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Province |
Ontario |
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Close to |
Sault ste. marie |
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Status |
PAST PRODUCER
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Latitude / Longitude |
50 N 36 / 127 W 28 |
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Legends
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| Risk and valuation analysis of the ISLAND COPPER Project |
| Status Risk : Past producer |
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| Title(s) of the ISLAND COPPER Project |
 | Nikos Explorations Ltd.
Joint venture: 55% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| During 2005, Nikos fulfilled all requirements to earn a 55% interest in the property from Falconbridge Limited. The project is now a joint venture with Nikos as the operator. |
 | Xstrata plc
Joint venture: 45% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the ISLAND COPPER Project |
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The Island Copper property is situated approximately 20 kilometres northeast of Sault Ste. Marie, Ontario and is connected to the port city by a paved highway and a railroad line that cross the southern part of the property. Access to the interior of the property is by means of skidder trails.
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| History of the ISLAND COPPER Project |
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The Island Copper Mine was a 50,000 tonnes/day open-pit copper/gold/molybdenum/silver mine that opened in 1971 and closed in 1995. It was the first mine in the world to use "engineered" submarine tailings disposal. Nearly 360 million tonnes of finely ground tailings were placed on the seafloor of nearby Rupert and Holberg Inlets without significant long-term effects on benthic life
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| Geology of the ISLAND COPPER Project |
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The Island Copper Property covers Archean granitic and mafic gneisses that have undergone deformation that produced microbreccias and minor schist. These rocks occupy a wedge formed by east and northeast trending crustal structures that allowed access to deep-sourced mineralizing fluids.
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Data last updated on : 1/9/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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