Mineral Exploration

Winter 2014

Mineral Exploration is the official publication of the Association of Mineral Exploration British Columbia.

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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

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