Red Mountain shows feasibility
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Last updated 3/14/2018 at 8:34pm
IDM Mining Ltd.
IDM Mining is targeting the expansion of the 1.95 million metric tons of reserves that average 7.53 g/t (473,000 oz) gold and 21.86 g/t (1.37 million oz) silver identified so far at its Red Mountain project in northwestern British Columbia.
IDM Mining Ltd. June 26 said the results of a feasibility study for its Red Mountain confirms the positive economics for developing a high-grade underground gold mine at this gold project near Stewart in northwestern British Columbia.
The proposed 1,000-metric-ton-per-day year-round operation is expected to average roughly 78,000 ounces of gold per year over the nearly six year mine-life consi...
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