Issue link: http://resourceworld.uberflip.com/i/712968
8 www.resourceworld.com a u g u s t / s e p t e m b e r 2 0 1 6 Resources at their Brucejack Project, scheduled for production in 2017. As well, the installation of a 344 km-287 kilovolt power line to the nearby Red Chris pro- ducing copper-gold mine provides power to this part of the province. The adage that you find mines where there are mines has again proven to be true and the Triangle is now where the action is with dozens of companies on the ground performing all phases of explora- tion – many fairly advanced. Supporting the favourable geology containing a wide range of mineral deposits comprising high-grade gold veins, porphyries and vol- canogenic massive sulphides is the town of Stewart with its year-round, ice-free, ocean port at the head of the Portland Canal. HISTORy Of GOLDEN TRIANGLE Some of the fame of the Triangle goes back over 100 years but its glory days were in the mid-1980s with the discovery of the Snip deposit that produced over a million ounces of gold grading of 25 g/t which was followed by the Eskay Creek discovery that produced 3.27 million ounces of gold grading 49 g/t and 158 million ounces of silver grading 2,406 g/t. The earlier fame to the Triangle started with the discovery of the Premier or Silback Premier Mine in 1910 which oper- ated with a few interruptions between 1918 and 1953. Exploration and a lim- ited amount of production occurred since it closure in 1953 and it is now under active exploration by Ascot Resources. Production to date is 42.85 million oz Ag; 1.99 million oz. Au; 547 million pounds Pb; 17.55 million lbs Zn; 4.09 million lbs Cu and 178,000 lbs Cd. Additional fame ascribable to the Triangle, although with a tragic element to it with the death of 28 miners in an under- ground disaster triggered by an avalanche in 1965, is the Granduc Mine. Discovered in 1931 it operated between 1971 and 1984 and produced 420,000,000 lbs cop- per and is now being explored by Castle Resources Inc. [CRI-CSE]. A third operat- ing mine was operated by Scottie Gold and produced 105,000 ounces of gold between 1981 and 1985. A number of small high- grade silver mines, notably the Prosperity Porter-Idaho, operated adjacent to Alice Arm south of Stewart during the 1930s; it was investigated later with limited success. Located at the northern edge of the Triangle is the operating Red Chris Mine of Imperial Metals Corp. [III-TSX; IPMLF-OTC] that commenced production in 2014 with a 2016 annual production tar- get of 90-100 million lbs Cu and 60-70,000 oz gold. ACTIvE TRIANGLE ExpLORERS Spearheading the Golden Triangle rush is the Pretium Resources Inc.'s [PVG-TSX, NYSE] Brucejack Project at the Valley of