Issue link: http://resourceworld.uberflip.com/i/937377
F E B R U A R Y / M A R C H 2 0 1 8 www.resourceworld.com 17 IDM Mining Ltd.'s [IDM-TSXV; RVRCF-OTC] 17,125-hectare Red Mountain Gold Project is located 15 km northeast of Stewart and in Nisga'a traditional terri- tory. Discovered in 1989, the property was explored extensively until 1996 by Lac Minerals and Royal Oak Mines, with 466 diamond drill holes and over 2,000 metres of underground development completed along with extensive engineering and environmental baseline work. Additional studies were completed over the past 12 years by Seabridge, North American Metals and Banks Island Gold. IDM optioned the property from Seabridge Gold Inc. [SEA-TSX; SA-NYSE] in April 2014 and completed the acquisition of the Red Mountain Project in May 2017. In June 2017, the company announced the results of a Feasibility Study that confirmed the positive eco- nomics for a near-term, high-grade, bulk mineable, underground operation at Red Mountain. Red Mountain is currently advancing through the provincial and federal envi- ronmental assessment processes, with comprehensive, thorough, and ongoing consultation with Nisga'a Nation. It is cur- rently in the formal review phase from the BC Environmental Assessment Office and the Canadian Environmental Assessment Agency. In December 2017, IDM reported underground intersections of 25.0 metres grading 13.7 g/t gold and 30.9 g/t silver and 3.8 metres averaging 38.27 g/t gold and 59.4 g/t silver at Red Mountain. Seabridge Gold has been advancing the huge KSM Project 65 km northwest of Stewart where additions to resources since 2013 total 14.5 million ounces of gold and 12.7 billion pounds of copper at grades 50+% higher than existing reserves. Among the base metals, nickel has struggled to compete with its high flying counterparts including copper and zinc. Production from laterite deposits, which are cheap to mine but expensive to pro- cess, has flooded the market with nickel, rendering production uneconomic for many producers. However, there is one truism in the minerals industry that will never change that being: "there is no substitute for grade." Indeed, that's something that Garibaldi Resources Corp. [GGI-TSXV; GGIFF-OTC; RGM-FSE] appears to have in spades at its Nickel Mountain Project in the Golden Triangle where it's drilling off what appears to be an exceedingly high- grade polymetallic deposit that not only contains nickel but copper and platinum group metals as well. The area is known for its high-grade mineral occurrences includ- ing the Eskay Creek Mine which produced from autumn 1994 to spring 2008 and was the highest grade gold mine in Canada during that period. In early December, Garibaldi announced the discovery at Nickel Mountain of a 40.4- metre mineralized zone featuring a massive sulphide intersection with rich grades of