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October 18, 2018

IDM starts underground drilling at Red Mountain project in Canada

IDM Mining has started underground drilling using two core rigs at the 17,125ha Red Mountain Underground Gold Project, which is located west of Stewart, British Columbia, Canada.

IDM Mining has started underground drilling using two core rigs at the 17,125ha Red Mountain Underground Gold Project, which is located west of Stewart, British Columbia, Canada.

The company has planned an estimated 7,600m in more than 30 holes at the advanced-stage project and winterised camp and shop facility.

During exploration drilling, four areas will be tested, which include a near-surface synform between the Marc and 141 Zones, as well as the northern and western extensions to the Smit and JW Zones.

Other areas to be tested include a projected high-grade connection between the Smit and 141 Zones, in addition to the northern and eastern extensions to the SF Zone antiform.

Drilling will also target the conversion of inferred resources to measured and indicated classification within the Smit and SF Zones in particular.

IDM Mining president and CEO Robert McLeod said: “With our EA Certificate recently received from BC’s Provincial Government, we are excited to be back drilling at Red Mountain, particularly to target areas identified by our geological team’s new interpretation of untested high-amplitude fold closures and limbs.

“Each drilling programme to date has systematically added high-grade measured and indicated resources that are amenable to underground bulk-mining methods.”

“Each drilling programme to date has systematically added high-grade measured and indicated resources that are amenable to underground bulk-mining methods.”

The exploration drill programme is expected to be completed by December.

Exploration and development company IDM Mining focuses on advancing the Red Mountain Gold Project towards production.

This year, a 20.7% increase in high-grade, near-surface measured and indicated resources were announced at Red Mountain.

The project recently secured its Provincial Environmental Assessment Certificate and A Federal Environmental Assessment Decision is expected by January.

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