Canada’s Imperial Metals has announced it is plan-ning to release a new pre-feasibility study (PFS) this September to update the mineral resources of the Red Chris mine in the country’s north-west British Columbia region. In the first quarter of 2021, the mine produced some 15.9 million lb of copper and 15,580 oz of gold.
“It is expected that an ore reserve estimate, that for the first time will include a block cave operation at Red Chris, will be released within the same timeframe as the PFS,” the miner said in a statement.
“The construction of the portal site and surface infrastructure for the exploration decline into the East Zone is progressing well and an un-derground contractor has been selected and is mobilizing to the site,” according to Imperial Metals.
The company says it owns a 30 percent interest in the Red Chris mine through its subsidiaries, and a 100 percent interest in the Mount Pol-ley and Huckleberry copper mines in British Columbia.