“This is a key milestone for the project,” chief executive officer Richard Williams said in a statement, adding that rephasing shaft refurbishment would significantly improve the functionality of NCK shaft.
Williams also said the strategic move would enable larger equipment to access the mine at an earlier stage in its re-development as the company re-gains access to the underground mine section.
The Vancouver-based company, formerly known as Strongbow Explorations, said the process of dewatering the mine is expected to be done by the third quarter of 2025.
Cornish has said the project will have a positive impact on water quality in the Red river, as it presently receives untreated water from the mine as a legacy of past mining operations.
Water discharged from South Crofty will serve a dual purpose, the company said, as it will power a hydro-turbine, generating around 15% of the energy required by the water treatment…
