Mount Polley Mine
Mount Polley is an open pit copper/gold mine producing an average of 20,000 tonnes per day. In 2011 virtually all mill feed will be obtained from the Springer pit. In 2010, 77% of the mill feed was supplied by the Springer pit, with the balance from the Southeast and Pond zone pits (which were completed in 2010).
The current reserve estimate, updated as of January 1, 2011, incorporates open pit mining of the Springer, Boundary, C2 and WX zones, and reflects twelve months of mine production since the January 1, 2010 estimate.
The current reserve estimate* contains 309.1 million pounds copper (2010-284 million lbs Cu) and 386,000 ounces gold (2010-367,000 oz Au) and provides for a mine life to the 2016 third quarter.
Proven/Probable Mineral Reserve* as at January 1, 2011
45.8 million tonnes grading 0.306% copper, 0.262 g/t gold and 0.471 g/t silver
Compared to Proven/Probable Mineral Reserve as at January 1, 2010
40.5 million tonnes grading 0.318% copper, 0.282 g/t gold and 0.606 g/t silver
Mineral Resource Measured and Indicated as at January 1, 2010
167.7 million tonnes grading 0.317% copper and 0.293 g/t gold
Mount Polley mine is located eight kilometres southwest of Likely and 100 kilometres (by road) northeast of Williams Lake, British Columbia. The property covers 18,321 hectares, which consists of five mining leases totaling 1,867 hectares, and 43 mineral claims encompassing 16,455 hectares. Mount Polley concentrates are trucked to facilities at the Port of Vancouver, and shipped to overseas smelters or transported by rail to smelters in North America.
Mount Polley Exploration
The current reserve estimate, updated as of January 1, 2011, incorporates open pit mining of the Springer, Boundary, C2 and WX zones, and reflects twelve months of mine production since the January 1, 2010 estimate.
The current reserve estimate* contains 309.1 million pounds copper (2010-284 million lbs Cu) and 386,000 ounces gold (2010-367,000 oz Au) and provides for a mine life to the 2016 third quarter.
Proven/Probable Mineral Reserve* as at January 1, 2011
45.8 million tonnes grading 0.306% copper, 0.262 g/t gold and 0.471 g/t silver
Compared to Proven/Probable Mineral Reserve as at January 1, 2010
40.5 million tonnes grading 0.318% copper, 0.282 g/t gold and 0.606 g/t silver
Mineral Resource Measured and Indicated as at January 1, 2010
167.7 million tonnes grading 0.317% copper and 0.293 g/t gold
| Mount Polley Production | Planned 2011* | 2010 | 2009 |
| Copper (lbs) | 32,000,000 | 34,842,611 | 33,860,500 |
| Gold (oz) | 44,000 | 46,771 | 49,412 |
| Silver (oz) | 55,000 | 206,812 | 202,992 |
Mount Polley mine is located eight kilometres southwest of Likely and 100 kilometres (by road) northeast of Williams Lake, British Columbia. The property covers 18,321 hectares, which consists of five mining leases totaling 1,867 hectares, and 43 mineral claims encompassing 16,455 hectares. Mount Polley concentrates are trucked to facilities at the Port of Vancouver, and shipped to overseas smelters or transported by rail to smelters in North America.
Mount Polley Exploration