The Louvicourt deposit is proving to be a very large one. Reserves now stand at approximately 30 million tons and, more importantly, the deposit contains some impressive widths of exceptionally high grade Cu-Zn-Ag-Au mineralization that should ensure its profitability in virtually any future metal price scenario.
The Louvicourt deposit is located approximately 15 miles east of Val d’Or, and just one-half mile north of provincial highway 117 that links Val d’Or with Montreal. The deposit lies within a one-mile wide unit of felsic volcanic rocks that strikes east-west over a distance of at least 25 miles. This unit hosts numerous important copper-zinc massive sulphide occurrences, including four past-producing mines; the East Sullivan, Golden Manitou, Dunraine and Louvem mines. These four mines collectively produced over 30 million tons of Cu-Zn massive sulphide ore at the average grades listed in Table 1. However, despite these significant production figures, Val d’Or has generally not been recognized as an important base metal camp, and the announcement of the new discovery at Louvicourt came as a surprise to many industry observers who regarded Val d’Or strictly as a gold producing camp. (Of course, this was not without good reason as Val d’Or has