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PRECIOUS METALS (US $)
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Island Gold Project
Island Gold
Country Canada 
Province Ontario
Close to Dubreuilville
Status PRODUCTION 
Latitude / Longitude 48 N 18 / 84 W 26
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Gold -
Develops
Explores for
Risk and valuation analysis of the Island Gold Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 51.00%
In situ value
667,486,178 $
Title(s) of the Island Gold Project
Richmont Mines Inc
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Richmont Mines, the mine operator, holds a 100% interest in the property.
Location of the Island Gold Project
This mine is located near Dubreuilville, 83 km north-east of Wawa in Ontario.
 
History of the Island Gold Project
The initial reserve calculation published in May 2007 estimates gold production of more than four years. Exploration work continues and significant results confirmed a strong gold discovery and mineral reserve and resource increase potential. The Island Gold Mine was brought into commercial production on October 1st, 2007.
 
Geology of the Island Gold Project
In 1985, drilling approximately two kilometres south of the Kremzar mine intersected a series of sub-parallel lenses containing gold mineralization within deformed rocks of the Goudreau Lake Deformation Zone (gldz). These lenses are known as the Lochalsh, Island Gold, Shore, and Goudreau Lake Zones
 
Reserves and resources of the Island Gold Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven354,6986.48 73 897
 Probable463,3685.86 87 300
 Proven and Probable818,0666.13 161 197
 Measured6,6214.52 962
 Indicated789,8547.39 187 665
 Mesured and Indicated796,4757.37 188 627
 Inferred604,7297.14 138 819
 Total 2 219 270 488 643
Definitions
Reserves and resources of the Island Gold Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 488 643 73 897 87 300 161 197 962 187 665 188 627 138 819oz 635 514 274 US$
Production history
Metal2010200920082007
GOLD (oz)45,86538,87938,0377,348
Location
Data last updated on : 12/31/2010
Disclaimer
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources