Cashed-up IDM Mining takes gold hunt to Red Mountain

Rob McLeod’s IDM Mining has closed its financing, raising about $3.3 million to drill for high-grade gold at its Red Mountain project, near Stewart in northwestern B.C. The area has been home to some of Canada’s highest-grade gold mines, including Premier, and is where Bob Quartermain’s Pretium is delineating its high-grade Brucejack gold project.

I wrote about McLeod and the return to his hometown neighbourhood in this Vancouver Sun feature. IDM Mining stands for Ian and Don McLeod, Rob’s father and uncle, respectively, both of them well-known B.C. miners and mine builders.

No positions at present in IDM Mining or Pretium.

UPDATE: Tommy Humphreys at CEO.ca published a good video excerpt with Rob McLeod this week. Check it out.

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