Business, Canada, News, North America, Research and Development

Braveheart Resources to use hydropower to reactivate Bull River Mine operations

Braveheart Resources Inc. is advancing plans to upgrade the hydroelectric capacity at its recently acquired Bull River Mine project by reconnecting to an existing 66-kV power line immediately adjacent to the property.

Braveheart received a positive System Impact Study from British Columbia Hydro and Power Authority in May 2020 and further engaged BC Hydro in August 2020 to complete a Facilities Study for reconnecting to the power line, which supplied hydroelectric power to the site up until 2013.

The study determined that it is technically feasible to interconnect the proposed mine load of 7.5 MVA to the BC Hydro transmission system. The Facilities Study is required to further define interconnection requirements and establish a timetable for BC Hydro’s ability to meet the company’s proposed service date. BC Hydro is on schedule to deliver a draft report by late January 2021 and has assigned a connection queue position for Braveheart’s facility in June 2021.

BC Hydro’s estimate for system reinforcements and revenue metering associated with the reconnection is $300,000.

The Bull River Mine is currently connected to grid power, which is sufficient to continue with care and maintenance activities including dewatering of the underground mining infrastructure. Once the connection to the 66-kV power line is completed, Braveheart will have sufficient power to operate the 700-tonne-per-day conventional crushing and milling circuit and advance underground mining activities.

In August 2019, the company secured a 10 MVA replacement transformer for the surface substation. The Company plans to move the transformer from Manitoba to the mine site near Cranbrook, B.C., in the second quarter of 2021.

“Once reconnected to the 66 kV power line, the BRM will be de-risked from the perspective of power supply,” said Ian Berzins, president and chief executive officer.

The hydroelectric reconnection project is one of four key upgrades that are required to make the mill facility operational. In addition to commissioning of the new substation and reconnection to the 66-kV power line, the company plans to complete in parallel the installation of a flotation circuit and a filtration circuit in the mill and civil works associated with the development of a dry stack tailings storage facility.

Braveheart is a Canadian-based junior mining company focused on building shareholder value through exploration and development in favorable and proven Canadian mining jurisdictions. Braveheart’s main asset is the Bull River Mine project, which has a mineral resource containing copper, gold and silver.