Dredging Applications of High Density Polyethylene Pipe

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Dredging Applications of High Density Polyethylene Pipe ( dredging-applications-high-density-polyethylene-pipe )

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MatachewaCnanadianGoldLtd.outlinedin 1968approximatel2y8x 10~m'ofgold-bearinsgediments offshorCeountrHyarboirnwatedrepthosflessthan30mS.eabrighRtesourceLstd.reinvestigatehdetarget sitesin 1980andlocatedadditionaaluriferousedimentsT.hegoldconcentratiointhesampledsediments werereportedtooccurmostlyinthe-63micronsfractionFigure5!.Thehighesctontentattainedwas4250 ppb..981oz/m'!andthelowestlessthan30ppb,,014oz/m!goldHopkins1,985;Coughlan1,985!. Exploratioonfa smallesrcalewasconductedinthesameareabyCitiesServicesMineralsCorp.in1968 atWineHarborandbyBarrett 981! at Isaac'sHarbor.CitiesServicesMineralsCorp.estimateda volume of approxlinately8 x 106m of auriferoussedimentsin the wine Harter Basinaveraging0.079oz/m gold Samson, 1984!. The limited commercial offshore exploration suggests that individual deposits offshore Country Harbor couldcontainasmuchas30x 106m'of gold-bearingsediments.Manyoftheoutlineddepositsareinrelatively shallowwater and would permit recoveryby presentdredgingtechnology.Assuminga minimumaverage gradeof0.015oz/mgold,a deposiotf30x10 m wouldyield450,000ozofgold.Ata priceof$400US/oz, theexpectedgrossrevenuewouldbe$180millionA. dredgeoperationof13,000m'/daycouldrecovetrhe depositin 10years,assuminganapproximate6.5months/yeawrorkingtime,owingtotheEastcoast's unfavorable sea and weather conditions from late fall to late spring. '~ Fyure 5. Gold concentrationinthe -63 micronsedimenttrac5on Hopkins, 1985! 22

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