FEATURING PROJECTS BY A LEGENDARY PROSPECTOR
About Ron Netolitzky
Ron Netolitzky is a well-known and respected Canadian geologist with an impressive track record of gold discoveries. So impressive that he received the Bill Dennis Prospector of the Year Award in 1990, the E.A. Scholtz Award in 1996 and has been inducted into the Canadian Mining Hall of Fame.
To date, he has been at the helm of about 17 junior exploration companies – but let’s start at the beginning. Netolitzky graduated from the University of Alberta with a B.Sc. in geology in 1964 and received a M.Sc. from the University of Calgary in 1967. As a young geologist he worked in Saskatchewan and now, 50 years later, he is back in the prairie province exploring the La Ronge Gold Belt.
Two of his most successful projects were what became the Snip gold mine and the Eskay Creek gold-silver mine located in the Golden Triangle region of northwestern British Columbia. Discovered in 1988, the Eskay Creek Mine produced some 3.3 million ounces of gold and 160 million ounces of silver at average grades of 45 g/t gold and 2,224 g/t silver. It was once the world’s highest grade gold mine and the fifth largest silver mine by volume. Between 1991 and 1999, the Snip Mine produced approximately 1 million ounces of gold at an average gold grade of 27.5 g/t.
Today, both the Eskay Creek and Snip properties are held by Skeena Resources Ltd. [SKE-TSXV; SKREFOTCQX] where Netolitzky was a Non-Executive Chairman until March 2019. He then went on to be President of Loki Gold and transformed the Brewery Creek gold project located 55 km east of Dawson City, Yukon into an open-pit, heap leach operation.
This was considered quite the technical accomplishment as heap leaching depends on liquid flowing despite the location above the Arctic Circle. Brewery Creek poured it first gold bar in 1996. The Brewery Creek Mine operated from 1997 to 2001 and was the largest lode gold mine ever constructed in the Yukon.
It was a year-round operation with a seasonal open-pit mining capacity of 11,000 tonnes of ore per day. It closed due to low gold prices and not because ore ran out. The property is now held by Golden Predator Mining Corp. [GPY-TSXV; NTGSF-OTCQX] and has a positive PEA at US $1,250/oz gold.
Netolitzky was also involved with the Galore Creek copper-gold-silver project in northern British Columbia, the Hammond Reef gold project in Ontario and the Segala gold project in Mali, West Africa as well as the Onca-Puma nickel deposit in Brazil
Excerpt from Resource World Magazine February/March 2020 Issue
Current project Ron Netolitzky is WORKING ON:
Eros Resources Corp. is a Canadian public company listed on the Toronto Venture Exchange. The Company’s business objective is the identification, acquisition and exploration of advanced-stage projects with a North American focus.
The current key project is Bell Mountain - Permitting Stage Gold Mine Development Project with a cash flow positive Preliminary Economic Assessment.
In addition, the Company makes strategic investments with a global focus on a diverse commodity base. Eros managements’ expertise supports this strategy.
MAS Gold Corp. is a Canadian mineral exploration company focused on exploration projects in Saskatchewan along the La Ronge Greenstone Belt.
The initial goal is to develop over a million ounces of gold resource, by consolidating resources of our portfolio properties located in a geologically potent La Ronge Gold Belt, Saskatchewan, Canada.
The road accessible projects are located approximately 60 km west of producing Seabee and Santoy gold mines operated by SSR Mining Inc.
In the belt, MAS Gold Corp. operates the Greywacke and Preview North Properties that include North Lake and Point advanced gold projects, each hosting drill-intercepted zones of gold mineralization.
The Greywacke North deposit, which hosts several known stratabound, high-grade gold-bearing zones, has 255,500 tonnes at 9.92 g/t Au (cut-off grade of 5 grams gold/tonne) plus an Inferred Mineral Resource of 59,130 tonnes at 7.42 g/t Au (NI 43-101 Technical Report, June 1, 2016).
The North Lake deposit located at Preview North Properties is estimated to contain an Inferred Mineral Resource of 14,110,000 tons grading 0.92 g/t Au, hence 417,000 contained ounces of gold
With addition of the Elizabeth Lake VMS deposit and Henry Lake , MAS controls four properties totaling 33,835 hectares along geologically prospective sections of La Ronge, Kisseynew and Glennie Domains of the La Ronge Gold Belt.
Southern Empire TSXV:SMP is targeting a million-plus ounce oxide gold deposit at its Oro Cruz Gold Project located in the Caborca Orogenic Gold Belt; the same geology that hosts Equinox Gold's Mesquite mine and Fresnillo's Herradura mine, which together will produce over 500,000 oz in 2020.
Being well-financed and having an award-winning team focussed on the former gold producing Oro Cruz property, which hosts a historical resource of 341,800 oz gold, Southern Empire is well on its way to achieving its goals.