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McBride Project

From Wikipedia, the free encyclopedia

The McBride Project is a 880 hectare plot of land located near Limerick, Ontario, Canada. It contains an estimated 5.1 million tons of nickel-cobalt-copper mineralization near the earth's surface.

Location, geology, and mineral assets

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The location is near Limerick, Ontario, south of Ontario Highway 620, west of Old Hastings Road, and extends east to Ontario Highway 62.[1] The location lacks road access and can only be accessed by crossing over private land.[2] It is located within the Crowe Valley Watershed, near Bancroft.[3][1]

Geology

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The mineral occurrence contains an estimated 5.1 million tons of nickel-cobalt-copper mineralization near the land's surface.[1] Pyrrhotite, pentlandite, chalcopyrite and pyrite are contained within metapyroxenite.[4]

Ownership and history

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The project is owned by engineer Derek McBride.[1] The location was previously known as Macassa's nickel-copper anomaly[5] or Limerick/Macassa[6] and with extraction rights held by Macassa Gold Mines Ltd. who drilled the site in 1961, 1962, and 1963.[7] The mineral claim is numbered 4209871.[2]

Limerick Mines purchased the claim in 2003, but went bankrupt before anything was mined.[2] Hastings Highlands Resources bought the mining rights in 2010.[8]

2018 news of an option agreement being stuck between the Hastings Highlands Resources and Pancontinental Resources Corporation (Pancon) was met with resistance from the local community, the Limerick Area Conservation Coalition, Steenburg Lake Community Association, Limerick Waterways Ratepayers Association, and Alderville First Nation.[1][9][3] Pancon later exited the partnership.[9][10]

McBride later spoke on local radio station Moose FM about his aspirations to find a new business partner.[9] In 2019, McBridge stated that a new investor was interested in the project.[11]

See also

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References

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  1. ^ a b c d e Meeks, Timothy (29 Aug 2018). "Battle brewing over mine south of Bancroft". intelligencer. Retrieved 2022-11-12.
  2. ^ a b c Report on the Geological Definition of Historical Geochemical Anomaly on Claim 4209871, Limerick Twp, Derek McBride, 2017
  3. ^ a b "First Nation, citizens oppose mining project". intelligencer. 12 Sep 2018. Retrieved 2022-11-12.
  4. ^ Ontario Geological Survey Open File Report 6329 Report of Activities, 2016 Resident Geologist Program Southern Ontario Regional Resident Geologist Report: Southeastern Ontario and Southwestern Ontario Districts and Petroleum Operations, Ontario Geological Survey, 2017
  5. ^ "Assessment File / Technical Report 20000015407 - Township or Area: Limerick; Year: 2017 to 2017; Work Type: Geological Survey / Mapping,". www.geologyontario.mndm.gov.on.ca. Retrieved 2022-11-12.
  6. ^ Year-to-Date Mineral-Related Activity in the Resident Geologist Districts, Activity in the Southern Ontario District updated December 2019, Ontario Geological Survey
  7. ^ "Drill Hole Summary for Assessment File: 31C13SE0003 (9 drill holes) - Township or Area: Limerick; Years Drilled: 1961, 1962, 1963; Company: Macassa Gold Mines Ltd". www.geologyontario.mndm.gov.on.ca. Retrieved 2022-11-12.
  8. ^ Report on the Geological Mapping of Claim 1500808 and Parts of Claim 4209871, Limerick Twp. South-Eastern, Ontario, Derek McBride, 2015
  9. ^ a b c Smelle, Nate (2019-12-20). "Lake associations fight to end mining in NH". Bancroft this Week. Retrieved 2022-11-12.
  10. ^ Reisler, Mathew (2019-04-02). "Pancontinental Resources Out of McBride Mining Project in Limerick". My Bancroft Now. Retrieved 2022-11-12.
  11. ^ Reisler, Mathew (2019-04-11). "Former Proposed Limerick Mine Project Manager McBride Says New Investor is Interested". My Bancroft Now. Retrieved 2022-11-12.
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