The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.
Golden Triangle Mining News
BC's Golden Triangle is now hot again after many years of neglect.
IDM Mining to commence resource expansion underground drilling at Red Mountain Gold Project and appoints project and mine managers
IDM Mining Ltd. is pleased to announce that crews have mobilized to its Red Mountain Project near Stewart, B.C. to initiate its spring 2017 phase I underground drilling program.
Skeena Resources Limited is pleased to report the commencement of a National Instrument 43-101 (“NI 43-101”) Preliminary Economic Assessment and the release of final 2016 drilling results on the newly expanded Spectrum-GJ gold-copper property in the Golden Triangle of northwest British Columbia, Canada.
The company's targets are high-grade gold veins similar to the Snip Mine and Pretivm Resources Valley of the King deposit, as well as bulk tonnage copper-gold mineralization similar to Seabridge Resources KSM Project.
"Our objective over the next few months is to complete the acquisition of the mine and to prepare for an aggressive underground drill program in 2017."
"We like small. Small is good."
Eric Sprott backed the company with a $20 million financing in August.