holly lalonde portfolio may 2015
TRANSCRIPT
Holly Lalonde2015
PORTFOLIO
Desktop Publishing
About MeBeing employed in the mining industry for over 11 years gave me the opportunity to grow and develop new skills. I transitioned from being the sole person working in the Geospatial Data Services department (the “CAD room”) to leading a small group of up to six employees. These years at KGHM International (QuadraFNX, FNX Mining Company) gave me
the opportunity to developed my skills as a GIS technician, CAD technician and Graphic Designer. I was first employed at KGHMI April 1, 2004 working on various tasks and projects including but not limited to:• Digitizing AutoCAD geological interpretation
plans and sections• Creating ArcGIS maps for all Sudbury
operations, projects and exploration• Designing posters and visual aids for large
events (PDAC, CIM, Roundup, Career Fairs)• Developing advertisements for investor
relations and human resources• Producing PowerPoint presentations and
schematics for technical reports and press releases.
I was responsible for all Corporate, Exploration and Operations graphics and media. My passion for graphics design has grown over the years as I strive to make all clients, returning clients.
I graduated from Laurentian University in Geography and Collège Boréal in the GIS specialist post graduate program. I later advanced my skills in graphic design by taking Adobe courses and getting my certification. My greatest accomplishment at KGHM would have to be the publishing of the CSR-GRI reports which brought great awareness of the company’s responsibility towards the environment, the communities as well as their people. To view the document, please follow the link;h t tp : / / kghm.com/s i tes /kghm2014 / f i l es /documen t -attachments/4.8_csr_raport_kghmi_2013_tylko_wersja_en.pdf
Holly Lalonde | [email protected] | 705-694-9053
PDAC
Through my firsthand experience with rebranding, first with the Quadra and FNX merger and then the KGHM acquisition, I have become familiar with the different strategies and best practices to facilitate a smooth transition. I embrace the associated changes as new challenges and opportunities. My recent projects along with preparing for the desktop publication of
the 2014 Corporate Social Responsibility report, was developing PDAC graphics for the booth, and various advertisement and marketing materials for the company. These projects, like many others required balancing demands and customer needs while integrating the new brand under extremely compressed timelines.
Geology
The Victoria offset mineralization is contained within the Ethel Lake Quartz Diorite segment of the Worthington Offset Dyke and the Sudbury Breccia wallrocks. KGHM International has recognized a mineral zonation, including increasing copper and TPM (Pt+Pd+Au) grades with depth combined with the transition of mineralized host rock from Quartz Diorite to Sudbury Breccia, characteristic of Sudbury South Range Breccia Belt deposits (Ames & Farrow, 2007; Farrow & Lightfoot, 2002; Souch & Podolsky, 1969).
The mineralization appears to transition from an ‘Offset’ Ni-rich environment to a Sudbury South Range Breccia Belt style of mineralization at depth. The classic example of Sudbury South Range Breccia Belt deposits is the historically mined Frood Mine deposit, with smaller examples similar to the Copper Cliff North 138 Orebody, and the high-TPM Vermilion deposit, located adjacent to the Victoria Property.
KGHM International
KGHM is a global company that employees 34,000 people around the world and has been a leader in copper and silver production for more than 50 years. KGHM International Ltd, the wholly owned subsidiary of KGHM Polska Miedź S.A., operates mines in Canada, the USA and Chile and is actively advancing the Victoria project in Sudbury, Ontario, and the Ajax project in Kamloops, British Columbia. The Sierra Gorda mine located in Region II, Chile, commenced production in 2014 marking an important milestone for the company as one of the largest copper and molybdenum mines in the world.
Quick Facts Location Sudbury, Ontario, Canada Ownership 100% Type of ore body ‘Frood-style’ South Range Breccia Metals Ni, Cu, Pt, Pd & Au Infrastructure Road access Status Engineering and permitting Inferred Resource 14.2 Mt @ 2.5% Cu, 2.6% Ni, 8.0 g/t TPM
Project History
In 2002, KGHM International acquired the mineral rights to the Victoria property and initiated an exploration program on the property. Environmental and engineering work, and consultation with First Nation communities have progressed, and project permitting is almost complete. The Closure Plan was filed with the Ontario government in October 2013 and all environmental permits required to commence shaft sinking are in place.
The project will commence development of surface infrastructure critical to shaft sinking. Planned work includes construction of the headframe and sinking hoist house as well as the waste water treatment, water ponds, waste pad and temporary offices. It is anticipated that shaft sinking will commence in 2016.
OttawaSudbury
Toronto
Ontario
Victoria Project
Victoria Project
KGHM InternationalSuite 500 – 200 Burrard Street
Vancouver, BC V6C 3L6 CanadaT 604 689 8550 | F 604 689 8556
Geology
Carlota is located in the west end of the Globe-Miami mining district of Arizona. The Carlota project is interpreted to represent a fault-controlled hydrothermal system related to an underlying intrusive. While no intrusive has been identified, the style of mineralization is definitely porphyry-related. Hydrothermal fluids emanating from the Kelly Fault created the Cactus oxide/supergene deposit in the Pinal Schist and the oxide orebody within the fault. Exotic copper mineralization is found in younger sedimentary and volcanic rocks. Low-grade primary sulfides exist in the footwall of the Kelly Fault. Two small exotic oxide deposits in the Pinal Schist exist on the far west side of the property.
KGHM International
KGHM is a global company that employees 34,000 people around the world and has been a leader in copper and silver production for more than 50 years. KGHM International Ltd, the wholly owned subsidiary of KGHM Polska Miedź S.A., operates mines in Canada, the USA and Chile and is actively advancing the Victoria project in Sudbury, Ontario, and the Ajax project in Kamloops, British Columbia. The Sierra Gorda mine located in Region II, Chile, commenced production in 2014 marking an important milestone for the company as one of the largest copper and molybdenum mines in the world.
Quick Facts Location Globe-Miami, Arizona, USA Ownership 100% Type of mine Open pit Type of ore body Cu oxide Primary metal Cu Processing Heap leach with SX/EW End product Cathode Production 2014 Cu: 23 Mlbs
About Carlota Mine
Carlota was discovered in the 1900’s and came to be one of the first copper mines designed and permitted under modern environmental legislation in the USA. Owned entirely by KGHM International Ltd., the mine was commissioned in late 2008 and produced 23 million pounds of cathode copper in 2014. Carlota is focused on optimizing cash flow while advancing activities related to the winding down of mining operations. Surface and sub-surface leaching will continue followed by residual leaching along with concurrent reclamation activities.
Paci
fic
Oce
an
Carlota MinePhoenix
Arizona
Tucson
Mexico
Carlota Mine
KGHM InternationalSuite 500 – 200 Burrard Street
Vancouver, BC V6C 3L6 CanadaT 604 689 8550 | F 604 689 8556
PDAC booth designs, Postcards, Fact Sheets, e-invitations
Technical Report and Press Release Figures
5
PODOLSKY
McCREEDY WEST
NORTHWEST FOY
FOY
NORTH RANGE
VICTORIA
KIRKWOODFALCONBRIDGE
LEVACK
Current and Former MinesOther FNX Properties
FNX Mining Company Inc.Chelmsford FormationOnaping & Onwatin Formations
Sudbury Igneous Complex
Diabase Dyke
(Properties from Vale Inco)
Sudbury BasinLocation Map
Figure 1
FNX Mining Company Inc.May, 2010
0 10
Kilometers
6 7
Surface
Zone 2
Zone 1
Zone 3
2000 L
5000 L
2000
Feet
0
Zone 4
Victoria’s SecretWorthington Offset (Looking North)
Figure 3
FNX Mining Company Inc.May, 2010
??
FNX1186F
FNX1190
Mineralized Intervals
20
4 LOCATION, PROPERTY DESCRIPTION & ADJACENT PROPERTIES
4.1 Location The properties covered by this report are located in close proximity (less than 40 km) to the downtown core of the City of Greater Sudbury, in northeastern Ontario, and approximately 400 km north of Toronto. The main map feature of the Sudbury area, the Sudbury Igneous Complex (SIC) and the superimposed location of the FNX Sudbury properties is shown in Figure 4-1. Also shown are the locations of non-FNX current and former mines. Figure 4-1: Figure showing the location of the FNX properties in the Sudbury area and the generalized geology of the Sudbury Igneous Complex.
4.2 Patented Parcels, Mining Leases & Mining Licences of Occupation Appendix A provides a listing of both patented parcels and unpatented claims relevant to the FNX property position in Sudbury. The Levack Complex properties (McCreedy West and Levack) occur at the western limit of an extensively sulphide mineralized 8.5 km long portion of the North Range of the SIC. This general area encompasses all of the major Vale Inco and Xstrata Nickel past and currently producing mines of the Sudbury North Range (Longvack, Strathcona, Coleman, McCreedy East, Fraser, Fecunis, Craig, Levack, Onaping, McCreedy West –
21
formerly Levack West, Boundary and Hardy). FNX’s McCreedy West and Levack mines are connected by the 1600 Level haulage drift. The McCreedy West Mine property, comprising 804.23 acres (325 ha) of mining rights contained in nine patented parcels, is located 34 km northwest of the downtown core of the City of Greater Sudbury (within city limits) in Levack Township (Figure 4-2). Figure 4-2: McCreedy West property location, showing local surface infrastructure including road and railroad access.
28
year mining leases; 39.5 acres in one staked claim. The Foy JV has a 50% beneficial interest in 1551.8 acres of patented mining claims, comprising the “Canhorn Property” which is a 50/50 joint venture between Xstrata Nickel and Vale Inco. At December 31, 2008 FNX had earned an interest of approximately 80% in the Foy JV thus giving it a 40% interest in the Canhorn Property (Figure 4-7). The Canhorn JV properties are also subject to an underlying 1% net smelter return royalty of 0.5% payable to Canhorn Mining Corp. and 0.5% payable to United Reef Petroleum Limited. FNX is the operator on all Falconbridge Footwall-Foy JV projects. Figure 4-7: Foy Offset Properties showing location of different property interests.
The Nickel Lake Joint Venture (Nickel Lake JV) was formed early in 2005, when Aurora earned a 60% interest in the property from Inco by incurring exploration expenditures totaling $2,000,000 over a four-year period. FNX did not incur exploration expenditures on the property in 2006, 2007 or 2008.
109
Approximately 62,000ft in 105 holes, at 50 ft centred spacing, in 16 oblique sections of 5 holes per section, were drilled into the 4000 Level resource area (Figure 10-1). In total, over 16,000 assay samples were taken that cover a volume of approximately 750 ft in strike length, 350 ft in thickness (hangingwall to footwall) and 250 ft in vertical extent. All samples were assayed for Cu, Ni, Pt, Pd, Au, Co, Fe, S, Ag, As, Pb, and Zn, of which 72% were measured for specific gravity by pycnometer and 81% were analyzed for MgO. In addition to the drilling, approximately 400 ft of development through the principal trunk vein on the level allowed for detailed geological mapping and interpretation of vein continuity and extent (Figure 17-3). Development ore in the form of a 15,207 ton ‘Bulk Sample’ was extracted from the trunk vein environment, of which 10,683 tons grading 8.24% Cu, 1.40% Ni, 0.06 oz/ton Pt, 0.15 oz/ton Pd, 0.05 oz/ton Au and 0.46 oz/ton Ag was shipped to Vale Inco for processing. Figure 17-3: Illustration of Levack Footwall Deposit mapping on the 4000 Level exploration drift, the diamond drill platforms, borehole traces in the 50 foot vertical clipping, and the outline of the mineral envelope. The detailed mapping is shown in Figure 9-7.
Geological interpretation and subsequent 3-D modeling of mineralized zones were based on detailed geological interpretation on 24 N-S sections and 5 level maps (50ft spacings), and resulted in the creation of 3-D trunk vein trends (1st order wireframes) and hosting mineralized envelopes (2nd order wireframes). Envelopes were defined by snapping to drill hole intersections, applying a $37 in-situ value cutoff (~ 0.5 % Ni or 1% Cu equivalent) and a minimum 8 ft horizontal composite length. One main envelope of significant mineralization defined a volume filled by the main massive sulphide veins (trunk veins), associated second order veins (typically physically connected to the trunk veining), and proximal stockwork veins, with 3 other significantly large zones of semi-
130
• Permit to Take Water, No. 3137-6SKPCM issued on August 11, 2006 (for the water taking from Moose Creek for the Levack Mine).
The annual Public Information Session regarding the McCreedy West/Levack mine (Levack Complex) operations was held in November, 2008 in the community of Levack to update the community regarding the FNX’s activities at both McCreedy West and the immediately adjacent Levack property. Over 30 local residents and other interested community members attended the meeting. 19.4 Podolsky Mine Operations
19.4.1 General Mine Infrastructure FNX declared the Podolsky Mine in commercial production as of January 1, 2008. The underground mining operation is accessed via the main shaft on both the 1750 and 2450 levels. Commissioning of the loading pockets and skips in 2007 provided the infrastructure required to support the lateral development necessary to reach the 2000 Deposit on 2450 Level. The 2000 Deposit, a high grade, Cu-Ni-PGE massive sulphide concentration was intersected from the 2450 Level on July 30, 2007. Figure 19-3: Plan view of 1925 Level geological mapping against backdrop of geological interpretation for the Level based upon mapping and drillhole data
Lateral development from the 1750 Level shaft station progressed and intersected the 2000 Deposit on the 1925 Level in August 2008 (Figure 19-3). The internal ramp between 1925 and 2000 Levels was completed. Access to the 2000 Deposit on the 1925
Holly Lalonde | [email protected] | 705-694-9053
Annual Report Figures and graphics
16 FNX ANNUAL REPORT 2007
Development and Advanced ExplorationIn 2007, the focus remained on the Podolsky mine and the LFD,
development and advanced exploration stage projects, respectively
(see Figure 6).
Podolsky Mine – DevelopmentThe Podolsky mine is in final stages of development. In 2007,
the focus was on developing access, underground and surface
infrastructure and definition drilling, primarily on the breccia-hosted
2000 deposit. Access to the mineralization was driven from two
horizons; the 2450 and 1750 Levels. The breccia-hosted 2000
deposit orebody is a footwall type Cu-Ni-TPM deposit with a near
vertical dip and a massive structure. A second deposit on the
property, the North deposit is a vein-like, footwall deposit with an
overall dip of 40° (see Figure 7).
Development of the 2000 deposit continued throughout the year
and 18,129 tons of 8.5% Cu and 0.6% Ni pre-production ore was
hoisted and shipped to the mill and 182,000 tons of waste rocks
were skipped to surface.
A total of 1,785 feet of Alimak raise development was completed
from the 2450 Level to the 1750 level in 2007. This vertical
development included two separate raises that connected the 1750
Level to the 2450 Level. One raise is for ventilation and means of
second egress, while the other is a waste pass raise intersecting
the pass system previously established on the 2450 Level. These
two raises were the key requirements prior to initiating full lateral
advance to the mineralization zone on the 1750 Level.
With these two raises completed from 2450 Level, 1750 Level
development advanced to establish connections to required
infrastructure, such as the exhaust raise to surface, the second
egress raise to surface and the new backfill raise. Development on
1750 Level in 2007 totaled 2,642 feet, including completing the
priorities and advancing to within 500 feet of the 2000 deposit.
An 8 ft diameter surface exhaust raise was raise bored to surface
from the 1750 Level from a depth of 1,779 feet. An additional 790
ft of raise boring was completed on a 6 ft diameter backfill raise to
surface. The 8 ft diameter exhaust raise was equipped with the
proper equipment to serve as a second means of egress from
the mine. The completion of the 8 ft exhaust raise provided the
necessary additional ventilation flow required for ramping up
the pre-production development of the mine. A main 12 ft full
production ventilation exhaust raise was started with the pilot hole
being completed by the end of the year.
Sudbury
10 KmVictoria
LevackMcCreedyWest
KirkwoodFalconbridge
North Range
FoyPodolsky
FNX PropertiesAurora Properties(100% FNX)Mines and Deposits
The shaft changeover from sinking to production was completed
in 2006. The ore passes at the shaft, loading pockets and skips
were commissioned late in 2006 to allow the access drive across
2450 Level to start early in 2007, completing 5,899 ft of lateral
development during the year. A high grade massive Cu-Ni-TPM
mineralized zone measuring 82 ft wide was intersected on the
2450 Level drive on July 30, 2007 (see Figure 8).
Underground diamond drilling completed in 2007 totaled 31,849 ft,
all from 2450 Level to delineate and further define the 2000 deposit
in preparation for production.
A ramp from surface to the North deposit was commenced late in
2007 and had driven 600 ft by the end of the year.
Figure 6: Podolsky and LFD Location Map
Figure 8: 2450 Level Massive Sulphide Zone
Figure 7: Longitudinal Section of Podolsky Site
Annual Report 2008 FNX Mining Company Inc.12
extensive network of secondary and tertiary veins (see
Figure 5), which will require more detailed drilling to be
included in the mineral resource estimate.
LFD AND ROB’S DEPOSIT
nickel Rob’s Deposit were the focus of extensive exploration
activities in 2008. An advanced exploration access heading
was driven into the LFD from Xstrata Nickel’s Craig Mine in
2007 and a 15,027 ton bulk sample was removed from the
LFD early in 2008. For the balance of the year, detailed
drilling of the LFD continued from underground drill stations
on the Craig Mine 4000 Level crosscut. Most of the 98,181
ft of LFD drilling consisted of detailed drilling from 4000
Level platforms to support an initial resource estimate for
a 250-ft vertical slice of the LFD hinged on the 4000 Level
access (see Figure 4). The initial resource estimate for
only this limited portion of the LFD yielded 687,000 tons of
indicated mineral resource grading 8.8% Cu, 1.4% Ni and
7.8 g/t TPM. The detailed drilling also expanded the original
mineral envelope in this part of the LFD indicating an
Figure 4: Indicated Mineral Resource at LFD
9000
7000
500 feet
Indicated Mineral Resource =687,000t @ 8.8% Cu, 1.4% Ni,7.8 g/t Pt+Pd+Au
Ore Grade Intersection
Completed Development
ll Deposit
ample
ed Mineral Resource
Figure 5: Plan of Detailed 4000 Level Drilling at LFD
4000
L Cr
7325
7322 73
19
7313
308
307 7
7300
341
7344
7347
7351 73
53
30128
7700 NNN0
7600 NN
7500 N
7400 N
7000
E707070
00 E
9000
E
1100
0 100 feet
Envelope
Resourcee
Drill hole
Massive Sulphide
LFD Massive Sulphide VeinD
In addition, during 2008, underground drill holes were
completed from the Craig 4300 Level designed to expand
the LFD. All these holes were targeted to test the LFD
extension at least 400 ft down-dip and to the west of the
known lower limits of the Deposit. All holes intersected
mineralization with the best results from hole FNX 7156,
which cut 16.0 ft grading 4.2% Cu, 1.0% Ni and 2.8 g/t
TPM and hole FNX 7160 averaging 5.1% Cu, 8.0% Ni and
13.2 g/t over 4.3 ft.
The 15,027 ton LFD bulk sample was brought to surface.
Approximately two-thirds of the bulk sample were crushed
and sampled, confirming an average grade of 8.3% Cu,
1.4% Ni and 8.8 g/t TPM. Later in 2008, 10,683 tons of
Both the copper-nickel precious metal LFD and the copper-nickel Rob’s Deposit were the focus of extensive exploration activities in 2008.
Annual Report 2008 FNX Mining Company Inc.14
PODOLSKY PROJECT
Figure 7: Plan of new Sudbury Breccia Trend at Podolsky
Sudbury Breccia
SublayerNorite
WhistlePit
Sudbury Breccia trend of interest
Mafic Gneiss/Metagabbro
Headframe
Granite
GraniteGneiss
Intermediate Gneiss
Whistle Offset
North
Late in 2007, FNX initiated a surface drill program to test
the extent of the Nickel Ramp Deposit, a nickel contact
deposit located below the Whistle Pit at Podolsky Property.
This drill program continued into 2008 and consisted of an
additional 21 holes totaling 23,517 ft. No further drilling at
Nickel Ramp is scheduled for 2009; however, a geological
compilation and resource estimate will be completed
incorporating data from the 2008 holes.
The drilling encountered an unanticipated footwall section of the Metabreccia and Quartz Diorite, the same rock types which host the 2000 and North deposits.
A second surface drill program began in early spring of
2008 to identify the potential for footwall/offset style
mineralization to the east of the Whistle Pit. This second
program consisted of 23,366 ft in seven holes and was
completed in the late fall. This program was designed to
better understand a SUBX unit trending parallel to the SICX
contact east of the Whistle Pit. The drilling encountered an
unanticipated footwall section of the Metabreccia and
Quartz Diorite, the same rock types which host the 2000
and North deposits. This intersection opened up a whole
new prospective geological environment along a 5,000-ft
section of the SIC and follow-up drilling will be completed
on this target in 2009 as well as testing for a similar
environment west of the Whistle Pit (see Figure 7).
VICTORIA PROJECT
The 2008 exploration program was the first field explora-
tion activity in five years at the Victoria Property. The focus
of last year’s program was to test Quartz Diorite dykes for
offset type mineralization, specifically down-plunge and
east of the Power Line Deposit. Three holes totaling
9,401 ft were drilled, two down-plunge of Power Line
Deposit and the third located 500 ft east of the first two
holes. The focus then shifted to the No. 4 Orebody Quartz
Diorite and its down-plunge extension. Three holes were
completed for a total of 6,175 ft, which intersected shallow
stringer sulphides. Finally, drilling efforts at Victoria moved
to an untested pinched Quartz Diorite. The initial test hole
and a wedge hole intersected five distinct intervals of min-
eralization from 1,700 ft to 3,800 ft. The first four intersec-
tions were hosted by Quartz Diorite and the last interval by
Metabreccia. Selected assays from holes FNX 1172 and
FNX 1172B include 75 ft of 1.8% Ni, 0.5% Cu and 0.7 g/t
TPM and 20.1 ft of 1.1% Ni, 1.8% Cu and 17.4 g/t TPM.
Additional stepout holes were drilled on the discovery with
variable results however, the UTEM downhole geophysical
survey identified multiple conductors. In total, the Com-
pany completed 26,762 ft of drilling in 10 holes at Victoria
in 2008 (see Figure 8).
Figure 6: Section of Gray Gabbro Drill Intersections at Podolsky
FNX4FNX4FNX4
2300 Lev
el
at
FNX4007
Gray Gabbro Dep
Length Cu Ni TPMBorehole ft % % g/t
FNX4003 23.5 8.3 0.5 9.8
FNX4004 15.9 10.9 1.4 6.6
FNX4007 24.5 21.7 3.0 14.7
FNX4086 10.1 12.4 0.6 16.6
FNX4312 18.5 9.5 0.1 5.6
~100 feet
Annual Report 2008 FNX Mining Company Inc.15
No further drilling on the Quartz Diorite target is planned
for 2009, however, a geological and geophysical compila-
tion of the 2008 results will be completed and targets
prioritized for future follow up.
FALCONBRIDGE FOOTWALL PROJECT
The 2008 exploration program at the Falconbridge Foot-
wall Property consisted primarily of surface drilling in
three holes. One hole tested the SIC contact for nickel
mineralization west of the historic Falconbridge Mine and
two holes were drilled in the footwall rocks further to the
east. The first hole did not encounter any mineralization
however, the downhole UTEM survey confirmed a poten-
tial highly conductive zone in the area. The two footwall
holes encountered only minor SUBX and no significant
mineralization, although UTEM downhole surveys remain
to be completed. No exploration program is planned for
the Falconbridge Footwall Property in 2009.
MCCREEDY WY EST PROPERTY
Exploration for additional nickel contact mineralization
was the primary focus at the McCreedy West Property
during 2008, including drilling proximal and within both
the Boundary and Canoe deposits. The Boundary Deposit,
located along the southern and eastern boundary of the
McCreedy West Property, covers a 1,500 ft section of the
SIC contact. A total of 28,738 ft in 34 holes was completed
on the Boundary Deposit during the year and several of
these holes were driven through the SIC contact and into
the footwall package. Mineralization occurs as a series of
mineralized pods located in traps similar to the up-dip
Inter Main Deposit, for example hole FNX 3232 cut 63.4 ft
of 1.0% Ni and 0.1% Cu.
The nickel-rich Pod 37 (formerly known as the Canoe
Deposit) is located approximately 500 ft east of the
known mineralized pods of the Inter Main Deposit
between the 900 and 1300 Levels. Four holes totaling
7,945 ft confirmed the previous limits of mineralization
and additional holes completed in 2008 by production
staff added to the confidence in the resources. Pod 37
was intersected by development drifting in November
2008. Further development of Pod 37 will await higher
nickel prices.
Footwall copper-precious metal exploration at McCreedy
West in 2008 was limited to a seven hole program from
the 1550 Level and two holes from the 1490 Level. The
former holes tested the footwall to the historic Middle
Main Deposit, while the latter holes tested for possible
down-dip extensions to the PM Deposit. Both sets of holes
encountered no significant mineralization.
No further drilling is planned in 2009 at the McCreedy
West Property. Exploration activities will be limited to
compiling the 2008 drill results and developing auditable
mineral resource estimates.
Selected assays from holes FNX 1172 and FNX 1172B include 75 ft of 1.8% Ni, 0.5% Cu and 0.7 g/t TPM and 20.1 ft of 1.1% Ni, 1.8% Cu and 17.4 g/t TPM.
East
0 Elev
-2000 Elev
33110
00E
3311
33130
00E
3313
33131
base
Massive Sulphide
Quartz Diorite
Ultramafic
Metabreccia
Metasediment
Metabasalt
Metagabbro
NX1178FNN 88
1001100
Figure 8: Section of Drill Intersections at Victoria Property
1000 feet
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KGHM International builds and operates copper mines in the Americas. Our history and success is matched with our vision to grow. The power of our people will, along with our values of Zero Harm, Results Oriented, Success through Teamwork, Being Courageous, position us well to be the international growth arm of our parent company KGHM Polska Miedź S.A.
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KGHM International Ltd. operates mines in Canada, the USA and Chile and is currently constructing the Sierra Gorda copper-molybdenum project in Chile. We are advancing the Ajax project in British Columbia as well as the Victoria project, our newest discovery in Sudbury, Ontario, Canada. We are a wholly owned subsidiary of KGHM Polska Miedź S.A., focused on growth in copper and other metals.
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