Val d'Or Division

"The Val d'Or Division now comprises the Lucien C. Beliveau Mine and Concentrator (formerly the Pascalis, described below) and the Chimo Mine. Cambior acquired an initial 50% interest in the Chimo Mine in May 1989 and the remaining 50% in April 1990. Cambior's share of 1989 production was 2121 ounces; the company expects to net 23 750 ounces from Chimo in 1990. Pascalis MineUPDATERenamed the Lucien C. Beliveau Mine at its official inauguration in September 1989, the mine is exceeding forecasts, producing over 11 500 ounces of gold in the first half of 1990. Cambior expects 1990 production to total 34 000 ounces.IntroductionThe Pascalis Mine is located 16 miles east o f Val d'Or, Quebec, and is accessible by a three mile gravel road off highway 117 (Fig. I).The property is wholly owned by Cambior.The Pascalis gold deposit consists o f a sub-vertical diorite dyke 1000 ft long by 30 ft wide containing quartz and tourmaline veins with inclusions of pyrite and native gold . Three vein systems ca n be seen in the deposit , the most important being tensile veins oriented at a right angle to the direction of the dyke and inclined at 40 degrees. These overlapping veins vary in thickness from 4 in. to 40 in. and occur at intervals of six to ten ft. The deposit is, therefore, very difficult to evaluate; a complete evaluation would require drifts over the whole width of the dyke combined with relatively short drill holes (Fig . 2)."