IDM Mining is focused on exploring and developing high-grade, low capex precious metal projects in stable jurisdictions. Our flagship Red Mountain Gold Project hosts a high-grade resource, amenable to bulk underground mining.
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 1,641,800 tonnes in the Measured and Indicated Category averaging 8.36 g/t Au and 26 g/t Ag, for 441,500 oz. Au and 1,379,800 oz. Ag, with an additional 548,100 tonnes in the Inferred Category, averaging 6.1 g/t Au and 9.0 g/t Ag, for 107,500 oz. Au and 153,700 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.