New Gold Inc.

Rainy River

Overview

May 15, 2020
Status: Production (Commercial Production commenced November 2017)
Location: 65 km northwest of Fort Frances, Ontario, in the southern half of Richardson Township
Ownership: 100% New Gold
Reserves1: Gold 2.6 million ounces
 
Silver 6.3 million ounces
Resources2: Gold 1.9 million ounces
 
Silver 5.1 million ounces
1 Proven and Probable Mineral Reserves as of December 31, 2019
2 Measured and Indicated Resources are exclusive of Mineral Reserves (Excludes Inferred Resources) as of December 31, 2019
 
Annual Production:
 
Rainy River Mine 2018 2019
Gold
(thousand ounces) 227 257
 
Site History
 
Rainy River commenced processing ore on September 14, 2017 and completed its first gold pour on October 5, 2017. Commercial production followed on October 19, 2017. Development of the underground mine began in the second half of 2018.
 
The mine occupies approximately 6,050 hectares, comprising 87 patented mining rights and surface rights claims (including eight leasehold interest mining rights and/or surface rights claims). In addition, New Gold has a land package of approximately 17,240 hectares surrounding the mine site, including patented mining rights and/or surface rights and unpatented claims. All unpatented claims are in good standing and assessment work credits are sufficient to maintain that standing for several years.
 
Geology, Exploration, Technical Reports
 
Rainy River - Geology, Exploration, & Technical Reports
Geology & Mineralization
The Rainy River district comprises multiple volcanogenic-style gold deposits situated within the Late Archean Wabigoon Subprovince of Ontario. Local stratigraphy comprises a series of tholeiitic mafic volcanic rocks structurally overlain by calc-alkalic dacitic metavolcanic rocks that host the bulk of gold mineralization in the district.
 
Mineralized zones generally follow the regional northwesterly strike and southerly dip of stratigraphy. The largest of these, the ODM/17 Zone, extends 1,600 metres along strike, 975 metres down dip (open at depth), and has a true width of 200 metres. Three principal styles of gold mineralization have been identified at Rainy River: gold-bearing sulphide ± quartz stringers and veins in felsic quartz-phyric rocks, (ODM/17, Beaver Pond, 433 and HS Zones), quartz-ankerite-pyrite shear veins in mafic volcanic rocks (CAP/South Zone), and sulphide-bearing silver-enriched quartz veinlets in dacitic tuffs and breccias (Intrepid Zone). Most of the gold mineralization identified to date occurs in the sulphide bearing stringers and veins within the felsic quartz-phyric rocks. A fourth style of mineralization characterized by copper-nickel-platinum minerals occurs within a small, younger mafic-ultramafic intrusion (34 Zone) situated within the main cluster of gold and silver deposits. All deposits show some degree of deformation, excepting the copper-nickel-platinum-bearing type.

Exploration Potential
 
The Rainy River project represents one of Canada’s newest emerging gold districts. The Rainy River district was first explored for nickel sulphide style mineralization in the mid-1960s. The eventual recognition of the district’s gold potential in 1988 led to the discovery of gold mineralization in what has become a large system of stratiform gold-rich volcanogenic style sulphide deposits. To date, exploration efforts have delineated 3.8 million ounces of gold reserves plus an additional 2.7 million ounces of measured and indicated resources. As the project advances toward its mid-2017 target for the start of commercial production, New Gold continues to focus on the discovery of additional gold resources with the potential to enhance and extend the commercial life of the project.
 

Source: https://www.newgold.com/assets/rainy-river/default.aspx

Project Buyer (Temp)

As an integral part of New Gold’s Project Procurement team, the Project Buyer will provide support to the Capital Projects group. 

Major Materials Warehouse Technician - 7/7 Rotation

The role of the Major Material Warehouse Technician is responsible for the managing of all the major materials (fuel, oils, mill reagents, tires, drilling materials etc.) to support the mine operations. 

Senior Inventory Management Analyst - Relocation Required

The Senior Inventory Management Analyst leads the management of Rainy River Mine Inventory to sustain site operations. 

Warehouse Technician - 7/7 Rotation - No Camp - Relocation Required

The role of Warehouse Technician is to ensure the efficient operation of all warehouse activities. 

Lead Environment Technician - Relocation Required

As a member of the New Gold Rainy River team, the Lead Environmental Technician demonstrates commitment and compliance with company Health & Safety, Environment and Social Responsibility policies and procedures. 

Mine Superintendent - 14/14 Rotation - Camp & Travel

The role of Mine operations Superintendent is to oversee the safe and efficient extraction of ore through the supervision and control of mining department activities such as budgeting, planning staffing and cost control.  

Senior Underground Mine Engineer - Relocation Required

The Senior Mine Engineer will provide clarity and focus for the engineering group to achieve and surpass the mine’s safety and production targets and to add value to the operation. 

Construction & Engineering Superintendent

The Engineering & Construction Superintendent is expected to be a safety leader on site and thus will be required to demonstrate experience in executing work with a safety focus and an emphasis on human performance.

Senior Hydrogeologist/Water Resource Engineer

Groundwater monitoring, management and modeling is a critical component in Environmental management at New Afton. 

Red Seal Millwrights

Red Seal Industrial Mechanic (Millwright) provides skilled expertise, executing world class maintenance practices and lubrication techniques.