Located 30 km north of White River, the Sugar Zone underground mine has been in production since 2019 and is one of Ontario’s most recent and highest grade gold mines. Its mineral reserve is estimated at 797,000 oz. grading 7.18 g/t, which is similar in nature to the Rothsay and Mt Monger mines that Silver Lake operates in Australia. In 2021, the Sugar Zone mine produced 257,281 tonnes at 6.5 g/t for 51,453 oz., which was consistent with Harte Gold’s revised guidance range.
Starting this year, Silver Lake is seeking to enhance the mine’s long-term performance and profitability through a series of investments, which will include the latest generation drilling, loading and haulage fleet to replace the existing fleet, which, in many cases, exceed 10 years of operational service. These are expected to increase mine capacity, improve operating efficiency, increase productivity and reduce unit mining costs. The new mining fleet…
