Excellent Red Chris and Mount Polley news!News from Newcrest and Imperial is very positive - 2023 is going to be a huge year!
At Red Chris, drilling at East Ridge continues to confirm continuity and expand the footprint of higher grade mineralisation and strengthen the potential for resource growth.
East Ridge is outside of Newcrest's Mineral Resource estimate. Diamond drilling continues to define the extent and continuity of this higher grade mineralisation. A further 25 diamond drill holes at minimum are planned to test and close out the target mineralisation. This program is expected to be completed by the second quarter of calendar year 2023.
The Feasibility Study is now expected to be completed in the second half of 2023
The 2023 production target for Mount Polley is 30 – 33 million pounds copper and 35-40 thousand ounces gold.