Nova Copper, Mi’kmaw Chiefs ink deal in Cape Breton
Dubbed the Sydney Copper project, Nova Copper (unlisted) and the Assembly of Nova Scotia Mi’kmaw Chiefs signed an agreement last week covering […]
New Afton C zone on track for production beginning second half 2023
Production from the New Afton C zone started in the second half of 2023. Credit: New Gold
New Gold (TSX: NGD; NYSE: NGD) has received the amended mining permit for the C zone at the New Afton gold-copper mine 100 km west of Kamloops, B.C. That means the initial production date remains the second half of next year.
The C zone has probable reserves of 29.5 million tonnes grading 0.68 g/t gold, 1.8 g/t silver, and 0.74% copper. The reserves contain 649,000 oz. gold, 1.7 million oz. silver, and 485 million lb. copper.
