The mine ceased production briefly in August 2003, but was restarted in early 2004 to recover old stope pillars with a reduced crew.[citation needed] The mine closed again in February 2005 and, in 2006, the assets were sold to Wolfden Resources Limited (later MMG, Ltd.) and subsequently to Elgin Mining, Inc. of Canada in July 2011.[3] Elgin states that the mine is currently on care and maintenance due to the low price of gold, and that "The mill and all associated infrastructure was properly decommissioned and are in good condition for re-commencement of operations" should market conditions prove favorable.[3]
In January 2015 WPC Resources of Vancouver optioned the property from Toronto-based Mandalay Resources who had purchased Elgin Assets.[4]
Climate
Lupin has a subarctic climate (Köppen: Dfc; Trewartha: Ecld) dominated by the cold and prolonged winter. Summers are short, but mild enough to bring it above a polar classification.