NEW GOLD – BLACKWATER

New Gold Inc is a gold mining company based in Toronto, Ontario. It has two operational mines, New Afton in Kamloops, B.C. and Rainy River near Emo, Ontario. Its Blackwater Project is located in Central B.C.

TMG Provided:

Management and Oversight for the Trade Off Study, including:

  • Evaluation of alternate tailings and waste rock handling
  • Evaluation of alternate crushing and grinding processes
  • Evaluation of several gold recovery alternatives

Vital Statistics:

Location: Prince George, British Columbia

Commodity: Gold

Project Phases: PFS/FS

Results:

  • Novel modular approach significantly reduced up front capital while greatly improving Free Cash Flow