Open Pit Mining Deep Placer Deposits Valdez Creek Mining Company

Valdez Creek Mining Co. properties consist of multiple intersecting paleo-placer channels containing appreciable quantities of coarse gold. Reverse circulation drilling, combined with geophysics, is used for both exploration and development reserve determination. Classical drill-blast-load-haul open pit mining techniques used for the 22,000 cubic yard per day production schedule required modification to compensate for arctic winter operating conditions. High wall stability problems within the glacial sediment overburden necessitated developing multiple dewatering methods and variable pit slope designs to eliminate unstable pit wall conditions. Processing mine run fluvial gravels utilized a classical winter protected screening plant-sluice box recovery system enjoying high metallurgical recoveries and zero discharge tailings disposal.