Dome West is a 56-hectare land holding that is adjacent to the former Paymaster Mine property and separated by some 800 metres from Goldcorp’s open-pit Dome Mine.
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The new business, yet to be named, is set to be the world’s largest gold producing complex.
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The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.
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The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.
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RNC recently made a high grade discovery at its Beta Hunt gold mine in Western Australia.
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The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.
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Three British Columbia properties are seeing some action in 2019.
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Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed in the S&P 500 Index.
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The Opemiska complex lies within the Abitibi Greenstone Belt and Quebec’s Plan Nord lands.
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Separately, the company was granted two-year extensions to existing land use permits for the Goodwin Lake and Clan Lake properties.
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