Andesite with propylitic alteration at Key.
W I N T E R 2 0 1 4
73
PRECIOUS METALS
New Gold Inc. released its Blackwater
feasibility study in January. The report
describes an open-pit mining operation
with a 60,000-tonne-per-day process-
ing plant and a mine life of 17 years.
Engineering studies were completed as
the project moved toward the mine appli-
cation stage.
Work resumed on New Gold's Black-
water Regional program. In August, two
drills were turning at Key, and ground
geophysics was completed. At Van Tine,
most of the ground geophysics and two drill
holes were completed before the property
was overrun by fire. Following a ban on
fieldwork, drilling continued only at Key.
A technical report with an updated resource
estimate was released for Capoose.
Kootenay Silver Inc. announced the
discovery of two high-level epithermal sys-
tems, Fox and Two Times Fred, resulting
from grassroots work. Venerable Ventures
Ltd. examined new targets at Trout.
Drilling and test pitting at Green
Gold was completed by private company
0902744 B.C. LTD along the Pinchi fault zone.
OMINECA AND NORTHE AST
