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Confirms Red Chris potential to become a world class, long life mineEstimated 17% IRR and C$2.3 billion NPV over an initial 31 year mine life1,2,3Projected average 316kozpa gold and 80ktpa copper production
Newcrest Mining Limited - Quarterly Exploration Report for the Three Months Ended 30 June 2021 Highlights At Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge, with the new discovery adjacent to the East Zone returning the highest grade intercept to date (at East Ridge), supporting the potential for resource growth: RC700 returned 366m @ 1.1g/t Au & 0.93% Cu from 738m, incl. 146m @ 2.1g/t Au & 1.6% Cu from 780m. This hole is the highest grade intercept to date (at East Ridge) and located 100m above RC688 (previously reported). East Ridge is loc...
HighlightsAt Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and in the Main Zone:At East Ridge, the new discovery adjacent to the East Zone, drilling
Newcrest Mining Limited - Quarterly Exploration Report for the Three Months Ended 31 March 2021 Highlights At Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and at Main Zone: At East Ridge, drilling continues to demonstrate the continuity of higher grade mineralisation with RC684, returning a partial intercept of 238m** @ 0.45g/t Au & 0.52% Cu from 814m, incl. 90m** @ 0.85g/t Au & 0.85% Cu from 962m. This hole is 100m down dip from RC678^^ which returned 198m @ 0.89g/t Au & 0.83% Cu from 800m, including 76m @ 1.8g/t Au and 1.5% Cu from 908m....
Highlights At Red Chris, new zones of higher grade mineralisation intersected at East Ridge and south of the South Boundary Fault:At East Ridge, hole RC678, returned 198m @ 0.89gt Au & 0.83% Cu from 800m, including 76m @ 1.8gt Au and 1.5% Cu from 908m. East Ridge is located 300m east of East Zone and the new intercept is open in all directions. Drilling at East Zone has intersected higher grade mineralisation south … Highlights At Red Chris, new zones of higher grade mineralisation intersected at East Ridge and south of the South Boundary Fault: At East Ridge, hole RC678, returned 198m @ 0....