Risk and valuation analysis of the New Afton Project |
Status Risk : Mine development |
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Title(s) of the New Afton Project |
| New Gold Inc. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the New Afton Project |
The New Afton Mine is located only 10km from the centre of Kamloops with a population of approximately 80,000 in south central British Columbia, Canada and it is directly accessible from the Trans-Canada Highway.
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History of the New Afton Project |
In 1999, New Gold acquired an option on the New Afton property and subsequently surrounded it with additional staking. The following year, the Company began exploration work with 9,320 m of surface diamond drilling in 21 NQ sized drill holes in the N more...
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Geology of the New Afton Project |
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The New Afton deposits are copper-gold silica-saturated, alkalic porphyry style deposits. The primary mineralizing event was preceded by development of disseminated magnetite-pyrite.
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