Atlantic's history in Nova Scotia dates back to 2003 when its predecessor company, Diamond Ventures NL acquired an option to earn a controlling interest in the Touquoy Property.
Atlantic's two main development projects are the Touquoy Gold Project, and the Cochrane Hill Gold Project.
Touquoy and Cochrane Hill
The Touquoy Gold Project, which is at an advanced stage of development with all major permits in place, represents an attractive potential open pit mine development:
- Low waste:ore ratio of 2.6:1
- Rock is soft and relatively easy to grind
- Good gravity gold recoveries of over 60%
- Low reagent consumption (0.4 kg/t cyanide) at coarse grind (150 microns)
- Excellent metallurgical recoveries 93%
- Coarse grind permitted (150μm), hence reduced power consumption
- Short residence time (16-24 hours)
- Close to grid power
- Access to excellent infrastructure and services
- Keen local and homecoming workforce
- No on-site accommodation required
- No sovereign risk
The Cochrane Hill Gold Project is at an earlier stage of development, but has a total of approximately 15,200 metres of drilling and a substantial mineral resource established.
Atlantic also operates regional exploration programs throughout the Nova Scotia goldfields in Canada in an area known as the ‘Meguma Terrane’, a sequence of folded Cambro-Ordovician sediments. The Meguma Terrane in Nova Scotia is a goldfield defined by an extraordinarily high concentration of gold occurrences yet it remains relatively unexplored for shale-hosted disseminated gold deposits, the type of gold deposit represented by the Touquoy and Cochrane Hill deposits. Gold mining in the Meguma Terrane has historically focused on narrow, discontinuous gold-bearing quartz veins located on or near the hinge zones of regional anticlines. In contrast, most of the gold mineralization at the Touquoy Gold Project is disseminated throughout grey shales which are largely devoid of quartz veins, although still located on a regional anticlinal axis.
Nov 29, 2005
Vancouver, Canada – Spur Ventures Inc. (TSX Venture-SVU, NASDAQ OTC BB-SPVEF) today gave an update on its various projects in China.
Nov 29, 2005
Vancouver, Canada – Spur Ventures Inc. (TSX Venture-SVU, NASDAQ OTC BB-SPVEF) today announced the results of its third quarter ended September 30, 2005. The following is a summary of key aspects ...
Nov 28, 2005
VANCOUVER, BRITISH COLUMBIA -- Nov. 28, 2005 /CNW/ - Spur Ventures Inc. (TSX Venture:SVU) reports that 8,571,430 warrants to purchase the Company's common shares have been accepted for trading on t...
Sep 16, 2005
Vancouver, Canada – SPUR VENTURES INC. is pleased to announce that Michael J. Kuta has accepted an appointment as General Counsel and Corporate Secretary of Spur Ventures Inc. Mr. Kuta has more t...
Sep 8, 2005
We have moved to our new corporate offices effective September 6, 2005.
Aug 29, 2005
Vancouver, BC, Canada – Spur Ventures Inc. (TSX Venture - SVU, NASDAQ OTC BB - SPVEF) today announced the results of second quarter ended June 30, 2005. The following is a summary of key aspects ...
Jul 29, 2005
Vancouver, Canada – SPUR VENTURES INC., is pleased to announce the closing of a private placement through its agents, Raymond James Ltd. and Dundee Securities Corporation, of 17,142,858 units for...
Jul 7, 2005
Vancouver, Canada – SPUR VENTURES INC. is pleased to announce that a financing has been arranged with a syndicate of investment dealers led by Raymond James Ltd. and including Dundee Securities C...
Jul 6, 2005
Vancouver, B.C., Canada- Spur Ventures Inc. (TSX Venture – SVU, NASDAQ OTC BBSPVEF) is pleased to announce that the Board of Directors has approved its plans to fast track expansion of its Yichan...
Jun 29, 2005
Vancouver, B.C., Canada-Spur Ventures Inc. (TSX Venture –SVU, NASDAQ OTC BB-SPVEF) today announced in Beijing, China that it has signed a binding agreement to acquire the fertilizer related busin...
May 30, 2005
Vancouver, BC, Canada – Spur Ventures Inc. (TSX Venture - SVU, NASDAQ OTC BB - SPVEF) today announced the results of first quarter ended March 31, 2005.
May 2, 2005
Vancouver, BC, Canada – Spur Ventures Inc. (TSX Venture - SVU, NASDAQ OTC BB - SPVEF) today announced the results of the year ended December 31, 2004.
Mar 3, 2005
Vancouver, Canada-SPUR VENTURES INC. Steven Dean, Chairman of Spur Ventures Inc. is pleased to announce the appointment of Robert J. Rennie to the position of Chief Executive Officer.
Feb 17, 2005
Vancouver, Canada – SPUR VENTURES INC. is pleased to announce that the construction of a phosphoric acid plant in Yichang, China is substantially complete and the Company is now preparing for com...