Database name: |
World Fe-oxide+/-Cu-Au-U (IOCG) deposits |
Compilers: |
Sunil S. Gandhi |
Release date: |
2015-03-04 |
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Deposit name(s): |
NICO Deposit; Lou Lake Bowl Zone |
Political location(s): |
Canada; Province or state: Northwest Territories; Nearest community: Yellowknife (160 km 315°) |
NTS map data: |
085N10 (Bea Lake) |
Deposit clan (type): |
Cloncurry-type |
Deposit (sub) types: |
veins and disseminations; hosted mainly by magnetite-bearing metasediments of the Treasure Lake Group; mineralization extends upward across the unconformity into overlying felsic volcanics of the Faber Group; Reference: Goad, R. E.; Mumin, A. H. ; Duke, N. A.; Neale, K. L.; Mulligan, D. L.; Camier, W. J., 2000: The NICO and Sue-Dianne Proterozoic, Iron Oxide-hosted, Polymetallic Deposits, Northwest Territories: Application of the Olympic Dam Model in Exploration; Exploration and Mining Geology, Volume 9, p. 123 - 140 |
Deposit status: |
deposit; Size category: 15 Mt; Status comments: Bowl zone is the principal ore zone of the Lou lake group of deposits. A feasibility study has been released for an open pit and limited undergraound stage followed by open pit. |
Geologic province: |
Wopmay Orogen |
Geologic subprovince: |
Great Bear magmatic zone |
Geologic district: |
Southern Great Bear magmatic zone |
Deposit object located: |
centre-deposit on surface |
Commodities: |
Au; Bi; Co; Fe |
Geological ages: |
Middle Paleoproterozoic (related magmatics) |
References: |
Burgess, H.; Gowans, R. M.; Hennessey, B. T.; Lattanzi, C. R.; Puritch, E., 2014 |
Technical report on the feasibility study for the NICO gold-cobalt-bismuth-copper project, Northwest Territories, Canada |
NI 43-101 Technical Report, Micon International Ltd., Fortune Minerals Ltd., Publication code 2014-05-05, 385 p. |
Gandhi, S. S.; Lentz, D. R., 1990 |
Bi-Co-Cu-Au-As and U Occurrences in the Snare Group Metasediments and Felsic Volcanics of the Southern Great Bear Magmatic Zone, Lou Lake, Northwest Territories |
in Current Research 1990, Part C, Edited by Geological Survey of Canada, Paper, Geological Survey of Canada, 90-1C, p. 239 - 253 |
Gandhi, S. S., 1994 |
Geological Setting and Genetic Aspects of Mineral Occurrences in the Southern Great Bear Magmatic Zone, Northwest Territories |
in Studies of Rare-Metal Deposits in the Northwest Territories, Edited by Sinclair, W. D.; Richardson, D. G., Bulletin, Geological Survey of Canada, 475, 96 p, p. 63 - 96 |
Gandhi, S. S.; Prasad, N.; Charbonneau, B. W., 1996 |
Geological and Geophysical Signatures of a Large Polymetallic Exploration Target at Lou Lake, Southern Great Bear Magmatic Zone, Northwest Territories |
in Current Research 1996 Part E , Edited by Geological Survey of Canada, Paper, Geological Survey of Canada, 1996-E, 286 p, p. 147 - 158 |
Gandhi, S. S.; Mortensen, J. K.; Prasad, N.; van Breemen, O., 2001 |
Magmatic evolution of the southern Great Bear continental arc, northwestern Canadian Shield: geochronological constraints |
Canadian Journal of Earth Sciences, Volume 38, p. 767 - 785 |
Goad, R. E., 1998 |
The NICO and Sue-Dianne Proterozoic Iron Oxide-Hosted Polymetallic Deposits, Southern Great Bear Magmatic Zone, Northwest Territories - A Summary of Current Work and Deposit Model Development in Global Mineral Exploration |
in 26th Yellowknife Geoscience Forum, Program and Abstracts of Talks and Posters, Edited by Anonymous, Department of Indian and Northern Affairs, 121 p, p. 46 - 49 |
Goad, R. E.; Mumin, A. H. ; Duke, N. A.; Neale, K. L.; Mulligan, D. L.; Camier, W. J., 2000 |
The NICO and Sue-Dianne Proterozoic, Iron Oxide-hosted, Polymetallic Deposits, Northwest Territories: Application of the Olympic Dam Model in Exploration |
Exploration and Mining Geology, Volume 9, p. 123 - 140 |
Hetu, R. J.; Holman, P. B.; Charbonneau, B. W.; Prasad, N.; Gandhi, S. S., 1994 |
Multiparameter Airborne Geophysical Survey of the Mazenod Lake Area, Northwest Territories, 1993 (NTS 85N/10 and Parts of 85N/11, 14, 15): Scale 1:100000 |
Open File, Geological Survey of Canada, Geological Survey of Canada, Publication code 2806, 100 p., 12 maps. |
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Resource data: |
Disclaimer - Reserves/Resource Data
Her Majesty the Queen in Right of Canada, represented by the Minister of Natural Resources (NRCan) does not warrant or guarantee the accuracy, completeness or fitness for any purpose of Reserve and Resource information (Data) contained in this database, including whether the Data is compliant with any securities regulations or standards, and NRCan does not assume any liability with respect to any damage or loss incurred as a result of the use made of the Data.
Resource and reserve figures are historical in nature. The Data source provided with each set of figures should be cited if the Data are re-reported. |
Estimate date: 2014-04-02; Component: Open pit; 29,894,000 metric ton ore; Combined with production?: no; Provisional entry?: no; Resource category: measured-indicated resourceGrade-commodity information: | Au: 1.1 grams/metric ton Bi: 0.15 percent Co: 0.12 percent | Reference: Burgess, H.; Gowans, R. M.; Hennessey, B. T.; Lattanzi, C. R.; Puritch, E., 2014: Technical report on the feasibility study for the NICO gold-cobalt-bismuth-copper project, Northwest Territories, Canada; NI 43-101 Technical Report, Micon International Ltd., Fortune Minerals Ltd., Publication code 2014-05-05, 385 p. Percent weights allocated to deposit: 100.0%
Estimate date: 2014-04-02; Component: Open pit; 2,000 metric ton ore; Combined with production?: no; Provisional entry?: no; Resource category: inferred resourceGrade-commodity information: | Au: 0.3 grams/metric ton Bi: 0.07 percent Co: 0.08 percent | Cutoff grade-commodity: | $: 46 $/t | Reference: Burgess, H.; Gowans, R. M.; Hennessey, B. T.; Lattanzi, C. R.; Puritch, E., 2014: Technical report on the feasibility study for the NICO gold-cobalt-bismuth-copper project, Northwest Territories, Canada; NI 43-101 Technical Report, Micon International Ltd., Fortune Minerals Ltd., Publication code 2014-05-05, 385 p. Percent weights allocated to deposit: 100.0%
Estimate date: 2014-04-02; Component: underground operation; 995,000 metric ton ore; Combined with production?: no; Provisional entry?: no; Resource category: measured-indicated resourceGrade-commodity information: | Au: 1.85 grams/metric ton Bi: 0.07 percent Co: 0.16 percent | Cutoff grade-commodity: | $: 80 $/t | Reference: Burgess, H.; Gowans, R. M.; Hennessey, B. T.; Lattanzi, C. R.; Puritch, E., 2014: Technical report on the feasibility study for the NICO gold-cobalt-bismuth-copper project, Northwest Territories, Canada; NI 43-101 Technical Report, Micon International Ltd., Fortune Minerals Ltd., Publication code 2014-05-05, 385 p. Percent weights allocated to deposit: 100.0%
Estimate date: 2014-04-02; Component: underground operation; 31,000 metric ton ore; Combined with production?: no; Provisional entry?: no; Resource category: inferred resourceGrade-commodity information: | Au: 0.65 grams/metric ton Bi: 0.11 percent Co: 0.25 percent | Cutoff grade-commodity: | $: 80 $/t | Reference: Burgess, H.; Gowans, R. M.; Hennessey, B. T.; Lattanzi, C. R.; Puritch, E., 2014: Technical report on the feasibility study for the NICO gold-cobalt-bismuth-copper project, Northwest Territories, Canada; NI 43-101 Technical Report, Micon International Ltd., Fortune Minerals Ltd., Publication code 2014-05-05, 385 p. Percent weights allocated to deposit: 100.0% |
Associated group(s): |
Lou Lake (6) |