Artemis Gold Inc. is planning an upgrade for the current Blackwater Mine processing plant.
"The Phase 1A plans announced today will deliver a 33 per cent increase in plant capacity, at an industry leading capital intensity of less than $55 per annual tonne of throughput. The project will be funded out of operating cash flows, and the payback period is expected to be less than six months," said Artemis Gold CEO Dale Andres.
Operations being audited are within approximately 100 kilometres of Prince George, extending from Bear Lake in the north to Penny in the east, Hixon in the south and the Stuart River to the west. The licence has an allowable annual cut of approximately 187,000 cubic metres.
B.C. NDP Leader David Eby is facing criticism after confirming his family benefited from a $10-a-day child care program his government froze to new providers.
The Prince George Spruce Kings came out empty handed at the BCHL Showcase in Nisku, Alberta, after a 4-1 loss to the Salmon Arm Silverbacks yesterday (Monday).
Cariboo is 5-2-1-0 in the seven-team U18 league and is in Langley this weekend to play the Valley West Giants (2-5-0-0). Puck drop is 6pm on Saturday and Noon on Sunday.