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Overview

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oMineral Resource And Reserve Projects

 Roscoe Postle Associates Inc. has worked on a variety of mineral resource and reserve projects. Examples of reserve estimates and audits are given below with a brief description of the type of work involved.

  • Bank of Montreal, Canadian Imperial Bank of Commerce, and a group of international banks: Independent Engineer, monitoring construction and auditing of the resource and reserve estimates of the Louvicourt Copper Mine in northwestern Québec. The project is owned by Aur Resources, Teck Corporation, and Novicourt Inc., a subsidiary of Noranda.

  • Bank of Montreal: Independent engineer and auditing of reserves of oxide copper ore reserves at El Abra, northern Chile.

  • Bank of Nova Scotia: Independent Engineer, monitoring construction of the Sä Dena Hes Zinc-Lead Mine in the Yukon. This assignment involved monthly site visits, an initial technical review, annual reserve reviews, and issuance of project certificates. The project was owned by Curragh Resources and Hillsborough Resources.

  • Bank of Nova Scotia: Technical due diligence review of the Bullfrog Gold Project in Nevada prior to startup of operations. The assignment covered ore reserves, mining and processing aspects.

  • Bankers Trust, Bank of Montreal, and Union Bank of Switzerland: Technical due diligence review of the gold operations of Royal Oak Mines in connection with financing of Royal Oak's attempted takeover bid for Lac Minerals. The review covered ore reserves, mining, processing, and environmental aspects of four mining operations across Canada.
  • BT Bank of Canada: Audit of ore reserves at four gold mines in Nevada and two major gold mines in Ontario.

  • Buryatzoloto Gold Mines: Technical review of the Zun-Holba Mine and Irokinda Mine gold reserves and mining operations in southern Siberia, for the Russian Project Finance Bank. RPA's report was part of a technical due diligence for bank financing.

  • Campbell Resources: Review of reserves and operations at the Joe Mann Gold Mine in northwestern Québec.

  • Dickenson Mines: Review of reserves and operations at the Arthur W. White Gold Mine at Red Lake, Ontario. Freewest Resources: Audit of ore reserves and feasibility study prepared by Hemlo Gold Mines on the Holloway Gold Project in northeastern Ontario.

  • Kilborn Engineering: Audit of reserves at the Omai Gold Project, Guyana, as part of the Kilborn feasibility study for bank financing. Omai is a large open pit gold mine developed by Cambior and Golden Star.

  • Kinross Gold Corporation: Reserve estimates for the 1060 Zone, adjacent to its Hoyle Pond Gold Mine near Timmins, Ontario.

  • Major General Resources Inc.: Estimate of geological reserves of the Hammer Down Zone and the Rumbullion Zone of the Rendell-Jackman Gold Project, western Newfoundland.

  • Prime Resources: Independent reserve estimate of the Eskay Creek Gold-Silver Project, northern British Columbia.

  • Rayrock Yellowknife Resources: Technical review of the Marigold Gold Mine ore reserves and operations in Nevada.
 
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