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Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.


ASX:NCM - Post by User

Post by sailor8on May 25, 2021 9:04pm
285 Views
Post# 33265304

New Theory about bonanza grade gold veins

New Theory about bonanza grade gold veinsThe studies were made at the Brucejack example...
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McGill researchers solve puzzle of hyper-rich gold veins
May 25, 2021
by Canadian Mining Journal Staff

For decades scientists have been puzzled by the formation of rare hyper-enriched gold deposits in places like Ballarat in Australia, Serra Palada in Brazil, and Red Lake in Ontario. While such deposits typically form over tens to hundreds of thousands of years, these ultrahigh grade deposits can form in years, month, or even days. So how do they form so quickly?
 
Studying examples of these deposits from Pretium Resources’ (TSX: PVG; NYSE: PVG) Brucejack gold mine in northwestern British Columbia, McGill professor Anthony Williams-Jones of the Department of Earth and Planetary Sciences and PhD student Duncan McLeish have discovered that these gold deposits form much like soured milk. When milk goes sour, the butterfat particles clump together to form a jelly.
 
The researchers believe they have solved the paradox of how quickly bonanza grade deposits can form. For a century geologists thought there was not enough time to epithermal deposits to reach such high grades, but they do. With very low gold content in the migrating hot water, it should take millions of years to concentrate a single centimetre-wide crack with gold. However, such veins are known to grow in days, months or years.
 
Williams-Jones and McLeish used an electron microscope to produce the first evidence for gold colloid formation and flocculation in nature on a nano-scale. They then scaled up the images by integrating millions of the nano-veins to reveal how bonanza veins are formed.
 
Their findings will help geologists improve their understanding of how such deposits form and help them develop more effective ways of finding them.
 
The article was published in Proceedings of the National Academy of Sciences.
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source: https://www.canadianminingjournal.com/news/mcgill-researchers-solve-puzzle-of-hyper-rich-gold-veins/

For specialists is seems to be worth to have a look on the original  article in the Proceedings of the National Academy of Sciences.

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