Company works on plan to extract gold from mine tailings near Kirkland Lake, Ont.
Two former mine sites near Kirkland Lake, Ont., could soon be producing gold again – and the sites could be cleaned up in the process.
U.K.-based Fulcrum Metals is hoping to extract gold from tailings piles leftover from two former gold mines: the Teck-Hughes mine, which produced from 1917 to 1968, and the Sylvanite mine, which produced from 1927-1961.
Using Extrakt's non-toxic technology would allow Fulcrum to extract gold without the use of cyanide.
"Our recent site visits to Teck-Hughes and Sylvanite allowed us to examine the significant tailing bodies at both sites, which run for kilometres and contain considerable quantities of gold," Fulcrum CEO Ryan Mee said in a news release earlier this month.
Initial testing has shown that using technology from Extrakt would allow a gold recovery rate from the tailings of 59.4 per cent, compared with 30 per cent using cyanide leaching.
"We are, therefore, continuing discussions with Extrakt about the application of its technology and look forward to finalizing terms for exclusive licensing of Extrakt's gold tailings technology in Timmins and Kirkland (Lake), in due course," Mee said.
Out of 6,531,300 tonnes of tailings at the Teck-Hughes tailings site, located 2.6 kilometres from Kirkland Lake, there is an estimated 138,460 ounces of gold.
At the Sylvanite tailings site, five kilometres from Kirkland Lake, 4.14 million tonnes of tailings contain an estimated 67,051 ounces of gold. (Photo courtesy of Fulcrum Metals)
At the Sylvanite tailings site, five kilometres from Kirkland Lake, 4.14 million tonnes of tailings contain an estimated 67,051 ounces of gold.
- Download our app to get local alerts on your device
- Get the latest local updates right to your inbox
Both estimates are based on historic and recent data and still have to be verified, Fulcrum said, and more recent samples are being tested and analyzed to firm up the estimates.
"A primary focus is on determining the amount of gold in the projects through various development work streams so that investors and the market can appreciate better the scale and in-situ value of our first projects," Mee said.
"An important outcome from reprocessing tailings is the removal of heavy metals and the cleaning up and reclamation of the tailings areas to provide positive opportunities for land to be repurposed."
Mee and other officials met with representatives from Matachewan First Nation and Beaverhouse First Nation during a August site visit to consult them on their plans.
"I am hugely grateful for the welcome we received during consultation and engagement meetings with local stakeholders prior and during our recent visit," Mee said.
Fulcrum Metals CEO Ryan Mee visited the Kirkland Lake sites in August, and also met with respresentatives from Matachewan First Nation and Beaverhouse First Nation. (Photo courtesy of Fulcrum Metals)
"It was a pleasure to meet the chiefs and people from the First Nation groups and I would like to thank everyone for their hospitality, interest and positivity towards what Fulcrum is seeking to achieve."
Fulcrum said it discussed its plans for the Teck-Hughes and Sylvanite tailing sites, "which will involve removing heavy metals and cleaning up and reclaiming the tailings areas to provide positive opportunities for land to be repurposed."
In addition to core samples, the company is considering deploying drones with ground-penetrating radar to help survey the site and getting permits to take bulk samples to get a better idea of how much gold could be extracted.
"Our focus has been on how we bring these legacy assets into the modern world of sustainable extraction though our work with Extrakt and its non-toxic technology," Mee said.
Read the full news release at Fulcrum's website.
CTVNews.ca Top Stories
Liberal, Conservative MPs to speak at Oct. 7 march to Parliament Hill
A Liberal MP and a Conservative MP will be part of a team delivering speeches at an event in Ottawa commemorating the one year anniversary of the attacks on Oct. 7.
Auto thefts down from 2023, but remain high, new data shows
New data from the Insurance Bureau of Canada (IBC) shows that even though claims for auto theft dropped in the first half of 2024 compared to their 2023 peak, the rates of reported theft remain well above those of years prior.
Officer arrested after allegedly stealing alcohol from store: TPS
A Toronto police officer has been arrested after allegedly stealing three bottles of alcohol from a store.
Three injured, including child, in rural south Ottawa crash
Three people were taken to hospital after a crash between a pickup truck and a car in a rural part of Ottawa's south end on Saturday afternoon.
Son charged with mother's murder on Vancouver Island
Police on Vancouver Island have made an arrest in the case of a 78-year-old woman found dead in her home almost two years ago.
'Sober curious': Younger Canadians turning away from alcohol, data says
According to a survey on recent alcohol consumption, younger Canadians are more likely to have not had a drink in the past week. For those interested in slowing or stopping their alcohol consumption, there's a phrase: 'sober curious.'
Looking for cheap flights for the holidays? Here are some tips to remember
Travelling on a budget can be stressful, but there are ways you can ensure you're getting the best deal on flights as the holiday season approaches.
Car flies into B.C. backyard, lands upside down
A driver suffered only minor injuries after going airborne in a residential neighbourhood in Maple Ridge, B.C., on Friday, the car eventually landing on its roof in someone’s backyard.
'We will never be the same': Oct. 7 killing of Montreal native leaves gaping hole
Alexandre Look, a 33-year-old Montreal native, was among the concertgoers who were murdered a year ago Monday at the Supernova music festival during a brutal assault on Israel carried out by Hamas militants. He is among at least eight people, either Canadian citizens or with ties to Canada, who died during the Oct. 7 attacks.