USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
Ximen Mining (TSX-V:XIM) announced that it received an exploration permit for its Providence claim located in southern British Columbia.
The Greenwood mining camp is located in southern British Columbia and has produced 1.4 million ounces of gold, 10 million ounces of silver and 0.7 billion pounds of copper
In a press release, Ximen said that the approval allows it to carry out its plans for additional exploratory work on the property, which include detailed rock sampling, trenching and diamond drilling. The targets include gold-silver in quartz veins and copper-gold-silver skarn deposits.
According to the Vancouver-based miner, the Providence claim covers 190 hectares in the Greenwood Mining Camp and adjoins the Gold Drop property currently optioned and being drilled by GGX Gold (TSX.V: GGX).
“The Providence property covers five historic past-producing mines for silver, gold, lead and zinc. The most significant of these is the Providence mine, which operated intermittently from 1893 to 1973, and produced a total of 183 kilograms of gold (5,884 ounces), 42,552 kilograms of silver (1,368,079 ounces), 183 tonnes of lead, 118 tonnes of zinc from 10,426 Metric tonnes of material,” Ximen said.
