New life for New Afton
KAMLOOPS — A feasibility study released by New Gold today suggests the New Afton mine just outside Kamloops might have more life in it than first thought.
While the operation is currently extracting ore from the so-called B-zone of its property, the feasibility study looked into going deeper – into the C-zone.
Executive Vice President of Business Development Hannes Portmann says the study found there is plenty of ore in that zone, and the economics make sense for the company as well.