Gold Mines in Ontario Map
Gold Mines in Ontario Map
Gold Mines in Ontario Map
William Teddy, found the yellow metal on the shores of Wawa Lake in but by the time he had a binge in Montreal, was broke and relied on others
to pay his way back to Lake Superior. You see although the Croesus is only distinguished today by a hole in the ground, 75 years ago it was the
richest gold mine in the province. However more was to come. Mining uncovers Ontario's full potential by powering regional development,
creating opportunities and driving prosperity. Mining Builds Communities Infographic: The Croesus was a mining fluke. Now if half the car was
solid gold, you get an idea of the riches of this long gone Matheson area mine. Ontario lies on the Precambrian rock that is rich in a variety of
mineral deposits. Mining is an industry which is active in all parts of the province. Long ago, glaciers spreading southward would grind up gold
bearing ores and transport them, grinded up to a fine texture, and deposit them as the glaciers receded. Ontario Mining and Exploration Directory
The often quoted saying by prospectors, that you can only find gold where gold has been discovered has been proven to be true over and over
again in the region. Most people in the business will recognize the name of the long dormant property. When it comes to panning the waterways of
Ontario, it is always important to have an idea of where the gold deposits are found before you pick spot and get to work. Detour mine sits on
over 15 million ounces of gold with annual production being pegged at , ounces for each of the 20 years the mine will be in operation. Renewed
Gold Rush With technological advancements making gold mining cheaper and more convenient, coupled with the large increase in gold prices over
the last few years as fears over holding currencies mount has provided more than enough motivation to bring back mining operations that had been
disbanded after it proved too expensive to continue operations. Gold Mining Around the World! A few years ago, an up and coming Junior mining
company with a Scots name, Pentland Firth, announced that it was taking another look at the Munro Croesus property off highway east of
Matheson. This is where most of the gold in the Midwestern United States comes from. As the largest private sector employer of Aboriginals in
Canada, mining makes a significant contribution to the well-being and development of remote communities. Michael Barnes is a published
Canadian author who has written extensively on Northern Ontario. Trouble was that it was almost all in the shaft and by , four years after
productions started, the place was played out. This was the Kerr Addison mine, the home of present day Virginiatown. In , a larger deposit which
still produces gold up to date was discovered close to Porcupine Lake. After the discovery, there was a small gold rush of sorts but the mine
established at the location proved to be too costly to maintain and was therefore closed only after two years of operation. They called it that
because one year before Confederation in , gold was found there. Gold was found in the Larder Lake area in but although thousands of men
staked claims and talked grandly of a city being built there, the first viable mine did not occur until thirty years later. It is this rock that houses the
mineral deposits that are being prospected and mined currently in a bid to make the next big find in a region where gold deposits seem to be
unlimited. The story of precious metals mining in the north is replete with stories of people who found gold but never gained much from it. The
Ophir Mine opened in and worked on and off until but only 1, ounces were gained in its lifetime. With technological advancements making gold
mining cheaper and more convenient, coupled with the large increase in gold prices over the last few years as fears over holding currencies mount
has provided more than enough motivation to bring back mining operations that had been disbanded after it proved too expensive to continue
operations. Find Gold in Arid Regions with a Drywasher. This area received a lot of attention from prospectors and more claims were made
around it including a site which was home to Hollinger mine which produced over 19 million ounces of gold between and Gold certainly can be
found in the most unexpected places. Another discovery was made in near Kirkland Lake. In major urban centres like Toronto, the industry
provides a major boost to the supply, services and financial sector. Interactive Map of Aboriginal Mining Agreements. Home Ontario Mining Map.
Gold was discovered in Ontario back in Search This Site by State or Topic: The strike at Eldorado was the first time the elusive metal was found
in quantity worth mining and it only lasted a short while. This sounds like double talk to the uninitiated but actually the seemingly obvious statement
makes a lot of sense. The rich gold deposit assayed close to six hundred ounces to the ton. Since then numerous claims were registered and
several gold rushes to the province witnessed at different periods in history.