IDM Mining is focused on exploring and developing the high-grade Red Mountain Gold project, location in the famous Golden Triangle of Northwestern B.C., located 15 km east of the port community of Stewart.
Red Mountain hosts a well-drilled, high-grade resource, accessed by a production-sized underground decline. At an average potential mining width of 16 meters, the deposit is amenable to low-cost bulk mining techniques such as longhole stoping. Additionally, the 17,000 hectare property has excellent exploration potential for further discoveries, along a 12 km trend of numerous prospects and favorable geology. A NI 43-101 compliant resource of 2,074700 tonnes in the Measured and Indicated Category averaging 8.75 g/t Au and 24.82 g/t Ag, for 583,700 oz. Au and 1,655,700 oz. Ag, with an additional 324,700 tonnes in the Inferred Category, averaging 6.21 g/t Au and 10.11 g/t Ag, for 64,800 oz. Au and 105,500 oz. Ag.
IDM is led by a management team with deep roots in Northwestern British Columbia, with talented professionals having significant exploration, engineering, project finance and permitting experience. The Red Mountain Underground Gold Project is currently in the B.C. Provincial and Federal Environmental Assessment Process; additionally, a feasibility study is currently underway. IDM’s primary goal is to be positioned to make a construction decision at Red Mountain during 2017.