Exploration began in 1962 and first gold intercepts were found between 1962 and 1964 as a result of testing coincident magnetic and electromagnetic anomalies.
The project eventually hosted the past-producing Eagle-Telbel mining camp with total historical production of 1.15Moz @ 6.5 g/t Au from 1974 to 1993
- Historical mining at the Telbel mine had focused on exploitation of a single zone between the 600- to 1,000-m levels.
- Having identified the potential for remaining gold mineralization and exploration upside beyond the previously mined-out areas at Telbel, the JV initiated a major digitization program to convert approximately 250,000 metres of historical drill data into an electronic format to support 3D modeling and drill targeting. The main components of the program are summarized below:
- Phase I: Digitization of historical analog drill data. This was complete in Q2/2021 with over 2,600 diamond drill holes covering approximately 247,000 metres digitized.
- Phase II: Construction of new 3D model. Completion expected towards end of Q2/2021.
- Phase III: Priority drill targeting and permitting. Completion expected in Q3/2021.
- Initial results and figures generated from the digitization and 3D modelling work are expected to be released towards the end of Q2/2021, with a more comprehensive model and corresponding exploration plans to be announced later in 2021.