RE:Kidd Property Tom Semadani GM-Kidd Creek Mine: Testing the Theory of a Mirrored Ore Deposit
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During his presentation Semadeni explained that Kidd Creek geologists are testing a theory the Kidd orebody goes deep and then curves back up again. Semadeni said the exploration drilling rig was set up at the 7900 foot level to seek the mirror extension of the orebody on the other side of the current mining zone. The exploratory hole was 1.4 kilometre horizontal hole and Semadeni speculated that this is probably the deepest ever drilling anywhere in the world.
Semadeni said he was in part addressing rumours that have been circulating recently around Timmins about the potential unlimited orebody held at Kidd Creek
He said that it is widely known that the ore zone does extend well below the 10,000 fee limit of the current shaft, but the cost of mining ore at the level would be too expensive when considering the cost of bringing the minerals to surface and refining them.
Uncovering a new horizontal extension of the current ore body would be less expensive, more economical and could extend the life of Kidd mine for many years.
"So we wanted to test that theory. If that theory is true then the rocks you see on this side of the orebody should see a mirror image," he explained.
"We have tested that theory. We drilled the hole. We've run geophysics down the hole. We've run some geochemistry testing," Semadeni explained.
Semadeni added that though they did not find the minerals they wanted, the company scientists believe the theory might still be good. He also added it would more exploratory drilling to confirm the theory.