Investors

In the News

Show printable version of 'British Columbia Home to quality copper-gold porph...' in a New Window
 June 30, 2015
British Columbia Home to quality copper-gold porphyry deposits

 The British Columbia Geological Survey believes WestKam Gold's Bonaparte property may contain the upper level of a large buried porphyry copper-gold system, as outlined in the 2012 report entitled "Bonaparte gold: another 195 Ma porphyry Au-Cu deposit in southern British Columbia?" Exploration at Bonaparte in 2013 and 2014 located a large intrusive structure and related anomalies that reinforce the property's bulk-tonnage, porphyry copper-gold potential.

This month, the Red Chris Mine, a large copper-gold porphyry deposit in British Columbia, received permitting for full production from the B.C. Ministry of Energy and Mines. The operation will include conventional shovel, truck and open mining with a maximum mining rate of about 40 million tonnes per annum.

With 300 million tonnes of minable reserves and a 30-year projected mine life, Red Chris is being hailed as a prime example that good deposits can still be found and mined in B.C. The mine's opening was the subject of a recent story in the Vancouver Sun.
 
 

You can view the Next In the News item: Fri Feb 20, 2015, New Afton's copper resources help lower costs with "byproduct accounting"

You can return to the main In the News page, or press the Back button on your browser.