IDM Mining Ltd. announces that it has closed the first tranche of its previously announced private placement raising gross proceeds of approximately $1,921,010 and has increased the size of the Offering to raise gross proceeds of up to $5.23 million. Also, the Company is pleased to announced that it has appointed Maryse Bélanger and Jim [...]
IDM Mining Ltd. announces that underground drilling has commenced using two core rigs at the advanced-stage Red Mountain Underground Gold Project , located west of Stewart, BC. An estimated 7,600 meters in over 30 holes are planned. The Company has a winterized camp and shop facility to support the program. Exploration drilling during this [...]
IDM Mining Ltd. announces that on Friday October 5th, 2018 British Columbia Provincial Government Ministers: George Heyman, Minister of Environment and Climate Change Strategy and Michelle Mungall, Minister of Energy, Mines and Petroleum Resources issued an environmental assessment certificate to the Company for the Red Mountain Underground Gold [...]
IDM Mining Ltd. announces a non-brokered private placement financing to sell flow-through shares at a price of $0.07 per Flow-Through Share and non-flow-through units at a price of $0.06 per Common Unit, for aggregate gross proceeds of up to $4.1 million. Each Common Unit will consist of one common share of the Company and one-half of one [...]
IDM Mining Ltd. announces that the Canadian Environmental Assessment Agency has initiated the final stage of the Red Mountain Gold Project environmental assessment process. Specifically, the CEA Agency has invited the public, Nisga'a Nation and interested stakeholders to comment on the draft Environmental Assessment Report and the Potential [...]
IDM Mining Ltd. is pleased to announce that the British Columbia Environmental Assessment Office has completed the Application Review phase for the proposed Red Mountain Gold Project . The EAO has referred the Company's Application for an Environmental Assessment Certificate to the Minister of Environment and Climate Change Strategy and the [...]
VANCOUVER, Aug. 1, 2018 /CNW/ - IDM Mining Ltd. announces that the NI 43-101 Technical Report titled "Mineral Resource Update for the Red Mountain Gold Project, Northwestern BC, Canada" has been filed on SEDAR as per the Company's News Release issued on July 19th, 2018. Qualified Persons The Independent Technical Report was prepared by Dr. Gilles [...]
VANCOUVER, July 24, 2018 /CNW/ - IDM Mining Ltd. is pleased to announce additional surface sampling results from trenching at the Money Rock zone at the Lost Valley target, within the 100%-owned Red Mountain Gold Project , located in the Golden Triangle of northwestern British Columbia, near the town of Stewart, BC. 2018 Money Rock Sampling, Lost [...]
IDM Mining is pleased to announce that the temporary voluntary suspension of the 180-day time limit for the application review of the Red Mountain Gold Project has been lifted by the BC Environmental Assessment Office and the Project is now entering the final stage of the Environmental Assessment review. "We are very pleased that all material [...]
VANCOUVER, July 11, 2018 /CNW/ - IDM Mining Ltd. is pleased to announce initial surface sampling results from trenching at the Money Rock zone at the Lost Valley target, within the 100%-owned Red Mountain Gold Project , located in the Golden Triangle of northwestern British Columbia, near the town of Stewart, BC. "These new high-grade samples and [...]
VANCOUVER, June 19, 2018 /CNW/ - IDM Mining Ltd. is pleased to announce the results of an updated mineral resource estimate for its 100%-owned Red Mountain Gold Project , located in the Golden Triangle of northwestern British Columbia, near the town of Stewart, BC. The updated mineral resource estimate includes the results from additional drilling [...]
VANCOUVER, June 4, 2018 /CNW/ - IDM Mining Ltd. is pleased to announce that the Company and Sunvest Minerals have signed a Letter of Intent whereby IDM would provide Sunvest with technical and geological consultation work, as well as logistical and community guidance for their Clone Gold Property. It is located south of IDM's Red Mountain [...]