KGHM International - Ajax Project

The Ajax Project is expected to provide approximately 500 full-time jobs during operations and will employ state-of-the-art mining and environmental protection-monitoring technologies.

About This Project

The Ajax Mine proposal consists of an open-pit mine located on the historic Ajax - Afton mine site which has seen a range of copper and gold exploration and extraction from small scale mine operations to the development of an open-pit operation under Teck Resources Ltd. and the Afton Operating Corporation between 1989 and 1997. The project is located on traditional Secwépemc territory, near, and partially within the city limits of Kamloops; the project sits entirely within the Thompson-Nicola Regional District (TNRD). Currently proposed infrastructure would include a mill facility, repair / maintenance / operations shops, tailings facility, haul roads, water lines, secured explosives storage compound, and administrative buildings.

According to the company's 2011 Feasibility Study, the Ajax mine is expected to produce 109 million pounds of copper and 99,000 ounces of gold annually over its 23-year mine life.

Over its two-year construction phase and 23-year mine life, the proposed Ajax project will provide a significant economic boost to the City of Kamloops in the form of jobs, local spending and tax revenues. The project is expected to provide lasting economic benefits even after the project is completed.

If approved, approximately 500 full-time positions ranging from technical, to mining services, health and safety, and administrative will be required over the 23 year mine life. The project will require a considerably larger workforce during construction. Additionally, there would be significant tax revenue, royalties and benefits for all levels of government, the local communities and First Nations.

The Environmental Assessment process for the proposed Ajax mine is currently underway. KGHM International, operator of the Ajax Project, is currently undertaking comprehensive project evaluation, design, baseline information collection and assessment leading up to its upcoming Environmental Assessment application submission.

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