• 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 Market
    • Silver News
    • Silver Stocks
    market news

    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

    Melissa Shaw
    Oct. 26, 2017 08:58AM PST
    Silver Investing
    Market News

    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 lifemarket newsidm mining
    The Conversation (0)

    Go Deeper

    AI Powered
    Silver47 Announces Trading on the TSX-V  and Provides Project Summaries

    Silver47 Announces Trading on the TSX-V and Provides Project Summaries

    Sitka Gold (TSXV:SIG)

    Sitka Gold Intersects 108.9 Metres of 3.27 g/t Gold Including 45.0 Metres of 4.52 g/t Gold Within 352.8 Metres of 1.55 g/t Gold at Its RC Gold Project, Yukon

    Latest News

    LaFleur Minerals Closes $1.66 Million Flow-Through Offering to Advance Drilling and PEA-Related Work at its Swanson Gold Deposit

    LaFleur Minerals Inc. Emerging Among Peers as Attractive, Resilient Investment Play

    Quarterly Activities/Appendix 5B Cash Flow Report

    Locksley Resources Limited High Resolution Heli-Mag and Radiometrics Survey Commence

    Kerrie Matthews Appointed Managing Director & CEO

    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