Placer Minerals Group




News and Ongoing

 

3 Apr 2013
Another placer project in the Yukon
PMG has received funding from the Yukon Geological Survey to evaluate 'alternative mineals' in the Indian River placer gold minng area

The Indian River gold placers are expanding to become a major producer in the Yukon Territory. However the mineralogy of the heavy minerals co-collected with the gold is unique in the region. The presence of cassiterite and ilmenite has been confirmed and concentrations of  4 and 2%, respectively, have been recorded at one locality on the Indian River, downstream of the mouth of Quartz Creek. At present, the lithological source of these minerals remains unclear and it is not possible to predict the range of distribution of these minerals in the placers or their potential dispersion pattern. Recent studies of placer –lode gold relationships in the southern Klondike and Indian River mining areas have suggested that gold is being liberated from in situ occurrences at the present erosional level. This raises the possibility any very fine gold present in the source remains in the proximal placers. This project will also evaluate the potential for fine gold in the Indian River placers using a methodology designed to eradicate the nugget effect and to generate reliable grade data according to size ranges relevant for the subsequent design of processing routes.

 
  

bsg logo