Owned by Matsa Resources, Red Dog is part of Matsa's extensive Lake Carey gold project, which includes the Fortitude, Red October and Second Fortune mines.
All equipment has been delivered to site and all site offices established, and blast hole drilling preparations are underway in readiness for this week's first blast.
The mining campaign at Red Dog is scheduled to last just 16 weeks, with total production of 182,000 tonnes of gold at 2.5 grams per tonne gold set to land Matsa 13,400 ounces of gold.
Under an ore treatment agreement with AngloGold Ashanti Australia, all gold ore taken from Red Dog will be treated and processed at AGAA's Sunrise Dam treatment facilities.
Matsa also has a memorandum of understanding with AGAA that gives the global...