Porcupine Project
Porcupine
Country Canada 
Province Ontario
Close to Timmins
Status PRODUCTION 
Surface 27 km² / 6,771 acres
Latitude / Longitude 48 N 30 / 81 W 14
Legends
Valorisation
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Produces Gold -
Develops
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Last updated on 1/11/2011 - Terms of Use
Risk and valuation analysis of the Porcupine Project
Status Risk : Production
Country Risk : Very Low
Title(s) of the Porcupine Project
Goldcorp Inc.
Joint venture: 51%
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Goldcorp acquired the Porcupine Joint Venture from Placer Dome in May 2006.
Kinross Gold Corporation
Joint venture: 49%
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On July 1, 2002, Kinross formed a joint venture with a wholly-owned subsidiary of Placer Dome Inc. In May 2006, Goldcorp acquired Placer Dome’s 51% interest and became the operator.
IAMGOLD Corporation
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Location of the Porcupine Project
The Porcupine mine, located in Timmins, Ontario consists of three operations; Hoyle Pond underground, Parmour open pit and Dome underground as well as a central milling facility.
 
History of the Porcupine Project
The properties have produced more than 16 million ounces of gold since production began in 1910.
 
Geology of the Porcupine Project
The Porcupine mines are situated in the Porcupine Camp in Archean rocks of the western Abitibi Greenstone belt of the Superior Province in the Canadian Shield. These consist of ultramafic and mafic volcanic rocks of the Keewatin subgroup overlain by sedimentary rocks of the Timiskaming group. The lands lie adjacent and to the north of the regionally significant Porcupine Destor Fault.
 
Production history
Metal201020082007200620052004
GOLD (oz)265,900291,000310,000320,000375,000395,500
Discoveries and Drilling Results
1/11/2011Achieves Record Gold Production At Estimated Cash Costs Of $...
Location
Data last updated on : 12/31/2008
Disclaimer
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