Management of Redfern Resources (RFR-T) expects a project approval certificate to be issued early next year for its Tulsequah Chief massive sulphide project in northwestern British Columbia.
The company has spent more than $5 million on environmental studies for the past-producing property and describes them as “the most comprehensive ever carried out for a new mine proposal” under the province’s environmental legislation.
The project proposal has been met with some opposition by conservation associations, which argue that it threatens the local ecosystem — notably
the area’s caribou, grizzly bear and salmon populations.
Redfern Chairman John Greig says the proposed mine has been designed to the highest standards and will have no significant impact on fisheries or wildlife.
Once up and running, Tulsequah Chief is expected to produce 52,620 tonnes of zinc, 10,450 tonnes of copper, 4,940 tonnes of lead, 61,400 oz. gold and 2.6 million oz. silver per year.
Greig notes that reserves at Tulsequah Chief are high in grade “and the project economics, based on a $3-million feasibility study, are sound even at current metal prices.”
Be the first to comment on "Redfern awaits mine approval"