Constantia hopes to start phase 2

But first they have to raise the money to fund the next stage.

  • Jan. 28, 2015 7:00 p.m.

Constantia has purchased more property for its Maggie Mine Project near 16 Mile, and plan to continue with Phase 2, but first they have to raise the capital to proceed.

“If we can, we’d like to start up in April or May,” Jason Quigley, Executive Vice President for Constantia HDI told Cache Creek Council at their Jan. 26 meeting. If that doesn’t happen, it might be Fall.

“Based on the first phase, which confirmed the historic results, we’d like to continue on,” he said.

He said once they know when phase 2 will begin, they hope to hold a contractor open house to find out what is available. Most of their materials and half of their labourers are sourced locally, he said, but they are having difficulty finding some items.

Last Fall, said Quigley, they were able to partner with the Northwest Community College School of Exploration & Mining to offer a two-week course in Drill Core Technician Training out of their Cache Creek Office.

Quigley said they had an overwhelming number of applicants and as a result, 10 local residents “learned new skills that made them employable to us and to others.”

During phase 1, the company hired more than 19 local residents, many of them from the Bonaparte Band. They have signed for agreements with First Nations, including a land use agreement with the Bonaparte.