The project has total probable reserves of 11.3 million oxide tonnes grading 0.63 g/t gold, 7.9 million transition tonnes at 0.63 g/t gold, and 155.1 million fresh tonnes at 0.73 g/t gold.
New £18 million Centre for Doctoral Training in Digital Transformation of Metals Industry has been funded by the Engineering and Physical Sciences Research Council.
The initial agreement is for New Gold to purchase up to 350,000 tonnes of ore mined at Bralorne and process it at their mill located at the New Afton mine.