AuRico Recieves Approval for Kemess Underground
The Kemess underground project is a large gold-copper development project located in north-central British Columbia. The Kemess South open-pit mine operated successfully between 1998 and 2011 and produced approximately 3 million oz of gold and 750 million pounds (lb) of copper. Production ceased when the open pit was depleted.
The Kemess underground deposit is located approximately 6 kilometers (km) north of the existing Kemess South processing plant. The Kemess underground feasibility study completed in March 2016 contemplates the development of a lowcost panel caving operation with an initial 12-year mine life. Ore would be transported by conveyor to the existing processing facilities, with concentrate transported to a wholly owned concentrate load-out facility located in Mackenzie, British Columbia.
The $452 million project is expected to produce 1.4 million oz of gold, 573 million lb of copper and 4.5 million oz of silver over the course of its mine life.