New Gold is a 30% joint venture partner in the project, with Goldcorp being the project developer, holding 70%.
The environmental approval allows Goldcorp to begin construction on copper-gold project.
The company said that specific permits will be obtained during the course of project implementation.
Goldcorp will now conduct condemnation drilling, and subsequent exploration drilling will concentrate on in-fill drilling and sampling for metallurgical and geo-technical data.
New Gold’s share of proven and probable reserves is 2.5 million ounces of gold and 1.8 billion pounds of copper with an additional 1.3 million ounces of gold and 0.6 billion pounds of copper in the inferred resource category.
