Kootenay mining project gears up

Margaux Resources hopes to re-open the tungsten and lead-zinc mine near Salmo.

Tuesday night, the company’s presidcent and CFO, Tyler Rice, and Ed Lawrence, a board member, held a meeting at the Miners’ Hall to explain some details of the project.

The underground mine closed down in 1973 when commodity prices dipped too low to keep the operation going.

The new project will make use of the heavy lime deposits on the property to produce concrete, which will be mixed with the tailings. The concrete mixture will then be used to fill the mine. While the operation will have four small tailings ponds on the surface next to the mill, the ponds will be used only for temporary storage.

Rice and Lawrence project that the project will offer 120 full-time jobs over the life of the mine, which is currently estimated at 10 years for the tungsten, and four to five years for the lead-zinc. The mine is also expected to generate a number of jobs in construction, trucking, and the hospitality industry. Hiring for the mine will have a local focus, but Rice wasn’t yet ready to define what that will mean.

The project is still in the very early stages, and has yet to go through the BC permitting and environmental review process. The purpose of the meeting was to start informing the public about the project, and for Rice and Lawrence to get a sense of the public’s concerns before they reach the public engagement periods necessary for the review.

 

Just Posted

Third cannabis store in Greater Trail opens next week

The City of Trail has had six applications from non-medical pot retailers to date

Last stop: The inside story of Queen City Shuttle and Charters’ closure

Former employees open up about the Nelson company’s final days

How the Queen City Shuttle and Charters’ closure affected you

Here’s what readers had to say about the company’s shutdown

Craft cannabis development planned for Castlegar

Plans are underway for one of the first craft cannabis industrial parks in the province.

Annual Columbia Basin Culture tour coming up Aug 10 and 11

There are locations across the region participating

Feds lowered poverty line, reducing the number of seniors in need: documents

Liberals introduced a poverty line that was below the prior low-income cutoff

BCHL: Alberni Valley Bulldogs have been sold

Victoria company has purchased BCHL team, but will keep it in Port Alberni

“Does Kirby care?” B.C. First Nation’s group using geo-targeted ads in Houston, Texas for justice

The Heiltsuk Tribal Council has called out Kirby Corporation for the Nathan E. Stewart oil spill

Trudeau announces $79M investment for 118 more public transit buses across B.C.

Contributions from municipal to federal level to fund more buses in a bid to cut commutes

B.C. woman wins record $2.1 million on casino slot machine

‘That night was so surreal … I wasn’t able to sleep or eat for the first two days,’ she said

West Kootenay U16 Rebels take home provincial gold

West Kootenay Rebels fastball team battle hard to win the BC U16C Fastball Championship

After B.C. dad’s death, Technical Safety BC wants changes to trampoline park rules

Jay Greenwood, 46, did ‘a series of acrobatic manoeuvres prior to a fall that caused serious injury and cardiac arrest’

$900M settlement reached in class action on sexual misconduct in Canadian military

After facing criticism, the government moved to begin settlement proceedings in early 2018

Tax take stays ahead of increased B.C. government spending

Tax revenue $2.1 billion higher than budget in 2018-19

Most Read