STEWART, B.C. — An aura of history surrounds IDM Mining‘s (TSXV: IDM; US-OTC: RVRCF) Red Mountain gold property, 18 km northeast of the town of Stewart, British Columbia.
That history is especially acute for president and CEO Robert McLeod, who has long-standing family ties to the local community and cut his teeth as an exploration geologist at the project with Lac Minerals back in the early 1990s.
Red Mountain has near-term production potential and exploration upside across a 170 sq. km land package that has seen limited systematic work. The region was abuzz with helicopter activity during The Northern Miner’s visit in September 2016, due to renewed interest in B.C.’s Golden Triangle near the western margin of the Stikine terrain.
The region hosts a number of deposits — including the Eskay Creek and Snip — but it is likely Pretium Resources‘ (TSX: PVM; NYSE: PVM) Valley of the Kings discovery at its Brucejack gold property that catalyzed more investment in the region.
The flight into IDM’s exploration camp is picturesque, with the sun glinting sharply across the vast, white blanket that marks the Cambria Ice Field. Orderly rows of tents that mark the company’s base camp sit in the shadow of a stark, mountain peak that glows rust-red at sunset.
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