(Energy Analytics Institute, 16.Sep.2024) — New Gold Inc. provided an update on its ongoing exploration program at its New Afton mine in British Columbia, Canada.
Following successful exploration results at K-Zone earlier this year, exploration drilling in the eastern part of the mine continues to intersect high-grade copper-gold porphyry mineralization, New Gold said 16 Sep. 2024 in an official statement.
“These exceptional results further highlight the exploration upside around the New Afton mine. The eastern sector of the mine, which includes the spectacular grades of K-Zone, new high-grade mineralization at HW Zone, and the existing East Extension mineral resource, is developing into a promising opportunity for a new high-grade mining area.” Patrick Godin, President and CEO of New Gold said in the statement.
“Additionally, the location of these zones above the elevation of the C-Zone extraction level and close to existing infrastructure, could minimize the capital and time required to bring these zones into production,” Godin said.
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By Energy Analytics Institute staff. © Energy Analytics Institute (EAI). All Rights Reserved.
