Whoomph red chris gains world class statusNo wonder all the blue chip world class majors are congregating around the golden triangle.. The real estate boom in the golden triangle is just beginning. Dino is definitely onto something with his thoughts-plan to spin out the company into three units... Who knows with all the various properties in the golden triangle he may be able to split off some individual properties and spin them out somewhere further down the line as well...
from the mining news article
East Ridge is shaping up to be a larger and higher-grade zone than Cave Block 2, the second zone that is currently slated for block cave mining. Because of this, Newcrest is considering the possibility of mining East Ridge before Cave Block 2, or even advancing a second production front in parallel to the main underground development at Red Chris.
"We might get an entire macro block cave just out of East Ridge that could change the whole sequence of the block cave that we're developing," said Duhe.
The interim CEO said this will likely result in "decades of production" from block cave mining at Red Chris.
And the company continues to find gold and copper mineralization even further east.