Red Mountain Underground Gold Project, Stewart

Stage: Proposedreported 30 Sep 2025
Value: C$76Mfrom BC Major Projects Inventory
Capacity: Not published
Owner: Ascot Resources Ltd.
Last checked: 30 Sep 2025

Stage timeline

Proposedreported 30 Sep 2025
ApprovedNot yet
Under constructionNot yet
CompleteNot yet

Proposed underground gold mine located in the Bitter Creek Valley near Stewart. Mine life of 5 yrs is based on production estimate of 55,500 ounces gold and 171,000 ounces silver /yr. Project is certified under the Environmental Assessment Act.

From the project's description in B.C. Major Projects Inventory, Open Government Licence – British Columbia; shortened to whole sentences where long.

Facts

Type: Mines (metal) · Mines in British Columbia
Location: Stewart
Municipality: Stewart
Province or state: British Columbia, Canada · All of Canada

Nearby projects

Premier Gold Project · Mines · Proposed · about 27 km away
Jade Lake Power Project · Dams and power generation · Proposed · about 29 km away (an approximate location)
Treaty Creek Terminal - Transmission Load Interconnection (KSM) Project · Transmission lines · Under construction · about 29 km away (an approximate location)
Avanti Kitsault Mine Project · Mines · On hold · about 63 km away
Kerr - Sulphurets - Mitchell (KSM) Gold/Copper · Mines · Under construction · about 69 km away

Latest updates

30 Sep 2025: first recorded here. BC Major Projects Inventory, 30 Sep 2025 edition.

Stage history

Proposed BC Major Projects Inventory: Proposed: Consultation/Approvals (as of 30 Sep 2025)

Sources

BC Major Projects Inventory: MPI project 3590 (as of 30 Sep 2025)

Licences: Open Government Licence – British Columbia. Full credits: Data sources and licences.

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