SRK began its relationship with Minto Exploration Ltd. (a 100%-owned subsidiary of Capstone Mining Corp.) in 2006, when it conducted a due diligence review of the Minto copper-gold-silver mine project for a major bank. At that time, the company had just completed a feasibility study and was fast-tracking construction at the mine. SRK’s favorable review assisted the bank in making a decision to invest in the project and, with funding in place, Minto was constructed and commissioned within a very aggressive timeline and budget.
Upon startup, SRK assisted the mine with operational support and has continued to provide on-going technical assistance ever since. SRK performs geochemistry, rock mechanics, hydrogeology and resource/reserve estimation for the operation and has provided mine planning services on an as-needed basis. Exploration success at Minto has led to SRK’s involvement in estimating new mineral resources and reserves and providing 43-101 compliant technical reports and preliminary feasibility studies for new resource areas.
Minto’s aggressive “can-do” attitude has led to significant improvements in copper production since start-up, and more opportunities are still available. SRK is currently reviewing the underground mining potential of the deeper and high-grade zones, where extraction using open pits is not economical.
As the Yukon’s only copper mine continues to expand and evolve, SRK is fully committed to provide technical and operational support to help mine personnel make informed decisions and continue to exceed expectations.
