Name of the Mine
Hoyle Pond mine.

Location  
Archean Abitibi greenstone belt about 20 km north-east of downtown Timmins, Ontario, Canada.

Mine Owner/s  
North American precious metals company Discovery Silver Corp.

Brief Description  
Hoyle Pond is considered to be among the highest-grade gold mines in North America with a strong track record for reserve replacement.

Brief History  
The mine started operations in 1985. During its history, Hoyle Pond has been recognised as being among the highest-grade gold mines in North America with a strong track record for reserve replacement.

Primary Metals/Minerals  
Gold.

Secondary Metals/Minerals  
None stated.

Geology/Mineralisation  
Gold mineralisation at Hoyle Pond generally occurs as coarse free gold in white to grey-white quartz shear veins with a variable ankerite, tourmaline and pyrite. Mining zones generally comprise north-east-striking, subvertical quartz veins that are folded on a small scale.

Reserves  
Not stated.

Resources  
Total proven and probable reserves as at January 13, 2025, were estimated at 1.17-million tonnes grading at 12.9 g/t gold. Inferred resources were estimated at 578 000 t grading 15.24 g/t gold.

Type of Mine
Underground.

Mining Method  
Current mining methods at Hoyle Pond are primarily longhole mining with some mechanised cut-and-fill mining also being used. The mine is transitioning to using underhand cut-and-fill mining in the Lower S Zone below depths of 1 900 m.

Major Infrastructure/Equipment  
Underground infrastructure includes two decline ramps and one four compartment shaft; underground production is either trucked or hoisted via winze to a tramming level reporting to the shaft. 

Prospects  
There remain multiple high-potential exploration targets, near the mine and regionally. 

Contact Details 
Discovery Silver Corp
Tel +1 416 613 9410
Email info@discoverysilver.com
Website https://discoverysilver.com/