Caribou zinc mine explained

Caribou zinc mine
Pushpin Map:New Brunswick
Pushpin Label:Caribou zinc mine
Pushpin Map Caption:Location in New Brunswick
Coordinates:47.565°N -66.293°W
Place:Restigouche County
Subdivision Type:Province
State/Province:New Brunswick
Country:Canada
Owner:Trevali Mining
Acquisition Year:2009
Products:Lead, Zinc, Copper
Opening Year:1970
Discovery Year:1955

The Caribou Mine is a copper-lead-zinc mine in the Bathurst Mining Camp of northern New Brunswick, Canada. It was discovered in 1955 and has seen several stages of development and production. The mine has changed ownership four times in the past 20 years.

Geology

The Caribou deposit is a volcanogenic massive sulphide (VMS) deposit rich in lead, zinc, copper, silver and gold.

History

Changing Ownership

Breakwater Resources owned the Caribou mine from 1995 until 2006, when the operation was taken over by Blue Note Metals Inc.[1]

Blue Note Caribou Mines Inc. filed for bankruptcy in the summer of 2009. An Ontario-based company purchased the mine in September 2009 with the intent to reopen it.[2]

Caribou mine is currently owned by Trevali Mining Corporation and is on care and maintenance. Receiver appointed January 2023 under terms of the CCAA.

External links

Notes and References

  1. Web site: Caribou Mines to re-open mining operation. Government of New Brunswick. August 9, 2006. 2009-10-09.
  2. Web site: Back from the brink: Caribou Mine sold New owners want to reopen it. The Northern Light. October 6, 2009. 2009-10-09.