CANADIAN GOLD

Waipa Post, Volume 43, Issue 3353, 24 September 1931, Page 2

CANADIAN GOLD

PROSPECTING STIMULATED. The production of gold in Canada in 1930, according to returns compiled by the Dominion Bureau of Statistics, was 2,102,068 fine ounces, valued at nearly £9,000,000. This established a new record and placed Canada second in the list of the world's gold producing countries. Since 1924 gold production has been increasing year by year, and economic conditions have recently stimulated activity in mining and prospecting. During the past year encouraging gold discoveries were made in the Matachewan area of Northern Ontario and in the Pascilis-Lovincourt district of Quebec. In the province of Ontario, where the principal production takes place, 1,736,012 fine ounces, valued at £7,400,000, were secured last year. The output from the Porcupine Camp totalled 859,084 fine ounces, and in Kirkland Lake area a production of 830,733 ounces was attained. British Columbia, with an output of 164,331 fine ounces, realised a substantial gain over the previous year. The Quebec production of 141,747 fine ounces included gold contained in blister copper made at the Noranda smelter and gold in bullion produced from ores mined at the Eiscoe, O'Brien and Granada gold mines. Pine gold recovered from alluvial mining in the Yukon was less at 35,160 fine ounces, as compared with 35,679 ounces during 1929. Gold in Manitoba was derived from both sulphide and auriferous quartz ores, and at 23,189 fine ounces showed an increase.