An international group of scientists say digging may not be necessary for the mining industry of the future.

Porphyries produce 80% of all copper but “the industry's ability to increase its reserve base by lowering cut-off grades is nearing an end” says new study.

Consideration includes $23 million cash and two million common share purchase warrants.

The Canadian miner churned out 104,137 ounces of gold in Q1, which marked a year since it began commercial operations.