- Imperial acquired Red Chris project in 2007
- mine construction May 2012-Nov 2014
- hydro transmission line completed 4Q2014
- mine commissioning commenced 4Q2014
- construction cost $661.9 million (Dec 31/14)
- 30,000 tpd open pit conventional milling operation
- current mine life to 2043
Red Chris is a copper/gold mine in northwest British Columbia, 80 kilometres south of Dease Lake. The property is comprised of the main and south claim groups, consisting of 77 mineral tenures covering a total area of 23,142 hectares. Five of the tenures (5,141 hectares) are mining leases. The Red Chris mine is owned and operated by Red Chris Development Company Ltd. (RCDC), a subsidiary of Imperial.
RCDC was issued a Provincial Mines Act permit and commenced mine construction in May 2012. Commissioning of the mine was initiated in late 2014. Commercial production was achieved July 1, 2015. In July 2015 RCDC and the Tahltan Nation signed an Impact, Benefit and Co-Management Agreement which provides the basis for a working partnership between the Tahltan people and Red Chris for the life of the mine.
Open pit mining activities are focused in the East and Main zones, with the bulk of the mill feed currently derived from the Main zone. The 2017 production target is 85-92 million pounds copper and 40-45,000 ounces gold.
| Years Ended
|Copper - 000’s pounds
|Gold - ounces
|Silver - ounces
(1)production for February 17-December 31
For current and/or additional information, refer to the Company’s Press Releases
, Quarter Reports & Annual Information Form
Forward Looking Information