The Canadian company STLLR Gold has taken an important step in its strategy to reuse gold materials from its gold-bearing materials by presenting the first mineral resource estimate for the Hollinger Tailings Project, located at the historic Timmins Mining Camp in Timmins, Ontario. This technical estimate, based on over 11,000 meters of sonic drilling, classified 82% of the mineral content in the indicated resource category, providing a solid basis for operational planning.
More than 400,000 ounces of gold in classified tailings
In numbers, the tailings contain approximately 412,000 ounces of gold in the indicated category and 93,000 ounces in the inferred category, with consistent average grades ranging around 0.35-0.37 g/t Au. This uniformity observed in the shafts is one of the strengths of the deposit, which is also located in an area with existing mining infrastructure, significantly reducing initial capital requirements.
On the other hand, the company noted that the project falls under Ontario’s new Minerals Reclamation Regime, designed to streamline permitting for the reuse of mining waste. This regulatory framework offers a more expeditious pathway for exploitation, especially in the context of environmental reclamation and use of previously disturbed land.
Phase 1: technical and operational starting point
Phase 1 of the project has been identified as the logical starting point for future operations, as it has the highest grades within the tailings. STLLR is already working on technical simulations and metallurgical analysis, which includes leaching processes with an initial recovery of 61.3%, with potential for improvement through flotation, reaching up to 82.5% recovery.
From a commercial perspective, Hollinger offers a rare opportunity: access to surface mineralization with viable technical reclamation, under a favorable regulatory environment and with active municipal participation. The Mayor of Timmins, Michelle Boileau, has publicly endorsed the project, highlighting its value for local sustainable development and remediation of historic environmental liabilities.
Source: STLLR Gold
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