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    Home»Lifestyle»Why is Ontario a Land of Gold?
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    Why is Ontario a Land of Gold?

    HarrisonBy HarrisonApril 14, 2022No Comments3 Mins Read
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    Do you know why Ontario is called the Land of Gold? Well! Ontario is exceptionally rich in the production of gold. And you will be glad to know that, according to a survey, there are 38 manufacturing mines in Ontario. And among them, 28 are metallic mines, and the balance is non-metals. The industrial mineral or non-metal mines were dispersed across the south, and metal mines were located in the north.

    So, Ontario is Canada’s largest Gold Producer! Let’s dive deep in, more depth!

    Goldcorp Dome Mine in Ontario

    This particular mine is located in It is one of the three developing Goldcorp development projects in Ontario. Another project named Borden is situated 160km West of Chapleau (in the Porcupine District).

    Cochenour is situated 5km According to the latest trends and techniques, these projects are more advanced, and Goldcorp Mine is redeveloping. An open-pit and underground operation were made from 1910 until 2016. Trillium Gold has done a fabulous job in this regard so don’t forget to read more about it.

    • It is located in the city of Timmins.
    • It is one of the three development projects in Ontario.
    • It is redeveloping the past dome mine.

    The Goliath Gold Project in Ontario

    The first one is Thunder Lake, the treasury acquired from Corona Gold (2008) and Teck Resources. And the second one is Laramide Property; it was. According to an estimate, this mine can harvest a normal of 87,500 oz. of gold over the 13-year life span.

    • It is an amalgamation of two properties.
    • The first one is thunder lake.
    • And the second one is the Laramide property.

    Hardrock Premier Gold Mines in Ontario

    In the year 2008 It is located 275 kilometers northeast of Thunder Bay. Part of that particular land comprised the former Hardrock Underground Mine. And it produced more than 4 million oz. of gold between 1930 and 1970. Premier also carried an extensive drilling program at the site (Hardrock) and published a PEA in 2014.

    • In 2008 Premier Gold Mines acquired the Greenstone Gold Property.
    • It also comprised the former Hardrock underground mine.

    Magino – Argonaut Gold

    This particular mine is Nevada-based. This mine cleared a significant obstacle in January, and it is situated 40 kilometers northeast of Wawa. The obstacle got removed when FEM (Federal Environment Ministry) approved the environmental assessment in late January. It is a historic underground mine, and it envisioned an open pit operation. Its life was about 7 to 8 years. If you are curious to know more about gold mining, then visit Trillium Gold.

    • It is a Nevada-based mine.
    • It is a historic underground mine.
    • It proposed an open-pit operation.
    • Its life span was 7 to 8 years.

    The Bottom Line

    The bottom line is Ontario is famous for the production of gold. There are many mines there: Goldcorp dome mine, the Goliath Gold Project, Hardrock Premier Gold Mine, Magino Argonaut Gold, and many others. These mining projects produced gold and made Ontario the most important place in Canada.

    Hopefully, this article will help you internalize why Ontario is called the Land of Gold.

    Harrison
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