Tuesday, March 9, 2010

The early ``thaw`` this year should be very beneficial to us

A) For much of Canada, the winter has vanished already (amazing warm weather already). This is great news for getting our Bedard Dyke bulk mining permit very soon, thus authorizing the 15,000 tonne bulk mining start up (fyi, full scale long-hole stooping of the Sigma West and the North Wall regions is an additional permit, which is currently being worked on also). Best I can tell, we were essentially waiting for the ``thaw`` before completing one last item (highlighted below), before being granted our Bedard Dyke bulk mining permit. From the detailed DB document on SEDAR (Jan 14`10):

``PART II, Material Permits to be Obtained

1. Lamaque Exploration CofA authorizing the bulk sample mining of the Sigma West
region, better known as the Bedard Dyke.

• Allows the bulk sample mining of the Sigma West region better known as the Bedard
Dyke (15,000 tonnes).

• Noise survey - Completed November 2008

• Crown pillar stability certification - Completed January 2009

• Submission to Ministry Completed

• Ministry reviewed and is prepared to issue permit upon completion of the following
items:

o Waste oil removal from mine site - Completed April 21 st, 2009
o Used tire removal from mine site - Completed May 5 th, 2009
o General Site Cleanup - Completed May 5 th, 2009
o B2 tailings dam exposed too much water - Completed March-May 2009
o Re-seeding of B2 slopes - Completed
o Tailings Dam's water mark benchmarks - Completed
o Re-slope, spread topsoil & seed Waste dump. West slope followed by North &
South slopes - Ongoing waste removal, topsoil and seeding following winter
o Complete B I tailings lift and install spillway - Proposals received, work to commence upon thaw

• Issuance of permit expected upon completion of above.``


B) Fyi, we have already been permitted to extract 1,200 tpd from the underground at Lamaque. In the March Corporate Presentation, Century has (now) given a target of 1200 - 1400 tpd average for 2010. It means they will need to go over 1,200 in some months in order to average in that range. It further means either that they are planning to increase the permit in 2010 to above 1200 tpd (perhaps 1,600 or 2,000 tpd) or they are planning to combined the Bedard Dyke/Sigma West permit with the 1,200 permit in order to mine well above 1,200 in certain months (on a combined basis).

From the Jan 14`10 SEDAR report:

``PART I, Material Permits Held

2. CofA for the Exploitation of the Lamaque Mine (7610-08-01-70071-26) authorizing the company to sink a 200 meters long ramp from the Sigma mine open pit to the Lamaque mine; Underground extraction of 400 mt of gold ore per day from the Lamaque mine and transport to the Sigma mine ore treatment plant. The last modification to this CofA was on February 15, 2008 to increase the extraction capacity from 400 mt to 1,200 mt. per day, to authorize the pumping of a maximum of 13,000m3 of mine drainage water, and to relocate the compressors building near the gate house.``

3 comments:

rhump said...

Certainly exciting Spring lining up for CMM. Now if we could just raise the eyebrows of some institutions enough to promote some buying during these exciting times that would put the last nail in the coffin of our good friend Dec3. :)

rick said...

Si vous voulez faire cela, siècle aura besoin de certains mineurs bon (mineurs top gun) et de l'aider à les a embauchés, ils faut payer cash supplémentaire pour mineurs Thos venus de loin de Val dOr, le problème n'est pas bon mineurs wont de venir travailler pour cuz siècle, ils ont le salaire pour un travail, je veux dire qu'ils ont à y est utilisé pour les disponibilités propres de location de la salle, la nourriture et les gaz en cas siècle payer Thos gars comme moi de 45 $ par jour, vous pouvez être sûr qu'ils vont avoir nécessite un certain nombre de mineurs bon.
Oyu faire de l'argent de l'argent de Pentecôte

rick said...
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