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IDM Mining Ltd.
Summary
| Project: | Red Mountain | |
|---|---|---|
| Deposit: | Red Mountain | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 12/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 7-12-2017: IDM Mining Ltd. announces an Exploration/Drilling Update report for its Red Mountain deposit at the Red Mountain project. Drilling results incl. 85.21m @ 1.89g/t Au, 13.69g/t Ag from 170.79m. December 7th, 2017, Vancouver, BC – IDM Mining Ltd. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Mcleod (Internal) | |
| ABSTRACT: | December 7th, 2017, Vancouver, BC – IDM Mining Ltd. (TSX.V:IDM) (OTCQB:IDMMF) (“IDM” or the “Company”) is pleased to announce the final underground drilling results from the 2017 season at the Red Mountain Gold Project (“Red Mountain” or the “Project”), located 15 km east of Stewart, BC. The Company received assays for an additional 20 underground resource expansion, metallurgical, infill and exploration core holes that targeted the 141, Marc, Marc Footwall, Marc Tail, AV, JW, and SF Zones. A total of 29,312 meters were completed during 2017, consisting of 104 underground, eight surface and three geotechnical core holes. “Our 2017 drill program at Red Mountain was successful in expanding the known extents of all mineralized zones up and down-dip from current reserves and remains open in multiple directions,” said Rob McLeod, President and CEO of IDM Mining Ltd. “Additionally, we continue to advance through the 180-day Application Review phase of the provincial environmental assessment process, including recent open houses in northwest BC communities. Finally, our engineering and mining team continues to progress the pre-development design required for Mines Act permitting and a potential construction decision in 2018.” | |
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