IDM Mining is focused on exploring and developing high-grade, low capex precious metal projects in stable jurisdictions. Our flagship Red Mountain Gold Project hosts a high-grade resource, amenable to bulk underground mining. In addition, the company maintains a 100% ownership of its Champion Hills discovery in the Carolina Slate Belt in the southeastern USA.
Oct 10, 2014
IDM Mining Closes Second Tranche of Equity Financing to Fund Exploration at the Red Mountain Gold Project, B.C.
IDM Mining Ltd. (TSX:IDM) (“IDM” or the “Company”) is pleased to announce that it has closed the second tranche of its non-brokered private placement financing announced on September 3 and 23, 2014 (the "Offering").