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home / articles / GOLD - EXCLUSIVE: Veteran Gold Hunter Keeps The Discoveries Coming After 50 Years | Benzinga


GOLD - EXCLUSIVE: Veteran Gold Hunter Keeps The Discoveries Coming After 50 Years | Benzinga

Stuart Averill, chairman of Overburden Drilling Management (ODM) was celebrating 50 years in the mining exploration business at this year’s Prospectors And Developers Association of Canada (PDAC) conference in Toronto.

Averill, also a board member of Canada’s Tower Resources Ltd (TSXV:TWR) told Melanie Schaffer at Benzinga that he started out at the age of 28 in 1974 with an idea for a new exploration technique.

When geologists at the Kidd Creek mine at Timmins, Ontario, Canada, saw boulders of ore in glacial deposits, they deduced that there must be further ground deposits.

“We’re looking for mineral signatures of ore bodies dispersed during glaciation. We know which way the ice flows, so we’re able to look for low concentrations of minerals that are very specific to ore bodies,” ...

Full story available on Benzinga.com

Stock Information

Company Name: Barrick Gold Corporation
Stock Symbol: GOLD
Market: NYSE
Website: barrick.com

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