Ray's Corner
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Gold
Is Where You Find It
It was
early Friday morning after a long Thursday night. One of my intentions that
morning in my second summer as an underground geologist at Monday
morning when I arrived at the drill site the drillers were on the last ten feet
or so of the inclined hole. As I approached the drill location something
appeared to be wrong with the picture, but I couldn’t quite put my finger on
it. The paint on the drift from my Friday efforts indicated they were on the
right set up on the right level. When I asked how they had made out the driller
responded, “Really good, lots of high grade!” That the drillers knew this
was not surprising as Madsen had a fair amount of arsenic in its ore, and it was
common to smell the ore before seeing it. And sure enough, they were right. The
level hole had encountered some 30 plus feet of ore grade material and the
inclined hole had a slightly longer intersection. In the
office after lunch I pulled out the maps and started to plot up the initial
results. And then it happened! My unease of that morning had been more than a
quirk of the mind - I had unintentionally spotted the two drill holes on the
north side rather than the south side of the drift. The results of those errant
paint marks were quite spectacular however. I had uncovered 60,000 tons of
previously unknown ore grading around 0.30 oz. ton, or carrying about 18,000
ounces of gold! The value of that gold then was about $630,000; today about
$10.8 million. Three days later I had the drill back on site drilling off the
originally intentioned intersection. Again we struck pay dirt, another 60,000
tons of about the same grade. There are
numerous stories told in the bars across the north about drill discoveries that
were more luck than good management. There was a time very early in my career
when I chalked those stories up simply as tall tales. This experience gave them
a whole new sense of credibility. And to this day I can’t remember what I’d
been doing on that Thursday night. |