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Exploring Canada




          the Australian way                                                                          Ian Murray






                                                   by Fraser Palamara


             xploration in Newfoundland has rapidly snowballed in   have the capabilities to detect fine traces of gold.
          Erecent years and, like elsewhere in Canada, there is a   “That’s why the historic work done on the belt could have a
          distinctly Australian flavour to the trend.          lot of false negatives,” Murray said. “A lot of people may not
          Flying the Aussie flag on the island province off Canada’s   have got the numbers they wanted and walked away.”
          east  coast  is  Matador  Mining  Ltd.  Executive  chairman   Instead, Matador is taking multi-element assays from the
          Ian  Murray  believes  some  unique  Australian  ingenuity  is   known gold systems, and testing for pathfinder elements –
          providing the company a competitive edge at the Cape Ray   including zinc, arsenic, copper, and tungsten.
          gold project.
                                                               “These [elements]  can be found up to 200m  away  from
          “We’re  saving  costs,  but  more  importantly,  we’re  testing   where  the  gold  system  is,”  Murray  explained.  “As  you
          bigger areas quicker,” he told GMJ.                  get closer, you start to find lead, bismuth, sulphur, silver,
          Cape Ray boasts a mining history dating back to the 1970s   antimony, and tellurium.
          when gold was generally found at very shallow depths.   “The  Canadian  companies  before  us  would  only  find  the
          According  to  Murray,  previous  explorers  only  followed   gold by drilling it directly for success but where we drill, we
          where they knew the gold already was – causing blind spots   will pick up the pathfinder elements.”
          in the prospective land’s spoils.
                                                               Matador recently made a new geologist hire, Kerry Sparkes,
          “[There are] tools that we are bringing to this area that have   who worked in the Newfoundland area in the early 2000s.
          never been used before,” Murray explained. “We had guys
                                                               “We brought him on because firstly, he’s a bloody good geo
          conducting magnetic surveys by walking up and down with
                                                               and secondly, he lives on the island,” Murray said. “Thirdly,
          backpacks. That survey clearly identified…potential sites of
                                                               all  the  institutional  investors  in  the  area  ask  him  about
          gold systems.”
                                                               Newfoundland. He’s a big believer in the Cape Ray belt and
          So far Matador has defined 837,000oz gold @ 2 g/t across   really likes our structured approach, rather than rushing in
          a 7.5km strike.                                      and diamond drilling.”
          At the time of print, the company was approaching the   As Murray speaks of Newfoundland, his wanderlust to be
          end of first phase aeromagnetic surveys (results expected   on the ground there is obvious. Having joined the company
          in early August) with a second phase to start later in the   in  May  2020,  he  has  fingers  firmly  crossed  for  the  first
          summer exploration season at the earliest.           opportunity to fly over soon.
          The magnetics are combined with auger drilling, an   “Warren just returned and finished hotel quarantine,” Murray
          approach that is common in Australia but perhaps rarer   said. “He spent over a month on site with the ramp up of
          in  Canada.  Murray  attributes  Matador’s  approach  to   operations.”
          exploration manager Warren Potma.
                                                               And while Matador may be teaching Canada a thing or two
          “[Canadian  explorers]  usually  go  straight  into  diamond   about  finding  gold,  Murray  admits  there  is  something  the
          drilling which is very, very expensive,” Murray said. “This   snowy land could teach Australia in return.
          way we’re saving costs, but more importantly, we’re testing
                                                               Power for Newfoundland comes from the mainland,
          bigger  areas  quicker.  We’ve  now  got  an  additional  eight
                                                               travelling via undersea cables.
          magnetic targets identified that have never been tested.”
                                                               “The power is generated from a big hydro plant, 98% of the
          Using the approach led to drilling of the Big Pond deposit
                                                               energy is renewable,” Murray said.
          and the first discovery in over 20 years in the area.
                                                               “Australia is still coal and gas reliant. What alternatives do
          Meanwhile, logistical limitations on the island have caused
                                                               we have? We have to put a lot of money into infrastructure
          the company to get a little creative.
                                                               to build wind and solar whereas Canada already has the
          The laboratory for testing assays at Newfoundland doesn’t   infrastructure spent…it’s a head start.”




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