• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Silver Market
    Silver News
    Silver Stocks
    Silver Price
    • Silver Market
    • Silver News
    • Silver Stocks
    • Silver Price

    IDM Mining Step-out Drilling Intersects 17.25 meters averaging 7.2 g/t Au and 51.7 g/t Ag at JW Zone, Red Mountain Project

    Written by Melissa Shaw
    |
    Oct. 26, 2017 08:58AM PST

    IDM Mining (TSXV:IDM) (OTCQB:IDMMF) (“IDM” or the “Company”) is pleased to announce continued drilling success at the Red Mountain Gold Project (“Red Mountain” or the “Project”), located 15 km east of Stewart, BC. The Company received assays for an additional 17 underground resource expansion and exploration core holes targeting the Marc, Marc Footwall, NK, AV, …

    IDM Mining (TSXV:IDM) (OTCQB:IDMMF) (“IDM” or the “Company”) is pleased to announce continued drilling success at the Red Mountain Gold Project (“Red Mountain” or the “Project”), located 15 km east of Stewart, BC. The Company received assays for an additional 17 underground resource expansion and exploration core holes targeting the Marc, Marc Footwall, NK, AV, JW, and SF Zones, as well as the newly identified ‘Bray Zone.’ Additionally, results were received from eight surface core holes targeting the 141, NK and new ‘Chicka Zone.’
    These results are from the 2017 surface and underground resource expansion, infill and exploration drilling program. Drilling was recently completed, and the underground workings and surface facilities are currently being winterized at Red Mountain. Assays are pending for an additional 20 underground drill holes. A total of 29,312 meters were completed during 2017, consisting of 104 underground, eight surface and three geotechnical core holes.
    Rob McLeod, IDM’s President and CEO, commented:

    “Our 2017 drill program continues to be successful with systematic step outs from current reserves in the Marc, AV and JW zones and resources in the NK and 141 zones, with the objective of expanding the potential mine life of Red Mountain.
    Additionally, the exploration drilling has identified an extensive disseminated gold system within the newly identified Bray Zone, over 300 meters north of our reserves and resources, as well as in the near-surface, high-grade Chicka zone.”

    Click here to read the full text release. 

    mine lifeidm mining
    The Conversation (0)

    Go Deeper

    AI Powered
    Newcrest Mining Limited – Exploration Update 11 March 2021

    Newcrest Mining Limited – Exploration Update 11 March 2021

    Updated Mineral Resource Estimate Doubles Measured & Indicated Resources at Canada Nickel's Crawford Nickel Sulphide Project

    Updated Mineral Resource Estimate Doubles Measured & Indicated Resources at Canada Nickel's Crawford Nickel Sulphide Project

    Latest News

    Summit Royalties Completes Acquisition of Star Royalties and Provides Corporate Update

    Metalsource Mining Expands Silver Hill District Through Strategic Land Acquisition as Exploration Footprint Continues to Grow

    Metalsource Mining Continues to Define High Grade Polymetallic Core at Silver Hill with 33 Metre down Plunge Step Out

    Brixton Metals Drills 14.75m of 1.25% Copper, 1.71 g/t Gold, 149.0 g/t Silver at the Near Surface Glenfiddich Zone, Camp Creek Corridor

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES