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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is a Canada-based company. The Company’s focus is on special situation investments in the natural resources sector, precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold, QC Copper and Gold, Mistango, Awale Resources and Cuprum Corp., in addition to owning a broad portfolio of land packages focused on gold, copper and zinc. The Company’s portfolio includes American Eagle Gold, QC Copper and Gold, Mistango River Resources, Awale Resources, and Cuprum Corp. Its American Eagle Gold is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. QC Copper is focused on acquiring and developing copper projects in the Chibougamau region. The Company owns several gold projects: the Mirado project near Kirkland Lake, the Knight project in the Shining Tree District and the McGarry Project near Virginiatown, Ontario.


TSXV:OCI - Post by User

Comment by Zoolooon May 30, 2021 11:52am
119 Views
Post# 33294080

RE:RE:RE:RE:Interview with Stephen Stewart

RE:RE:RE:RE:Interview with Stephen Stewart"they would need it if they built a mill nearby for the pe\roperties"
I suppose that depends on how much ore they find near McGarry (Mirado, McGarry, Barber-Larder and most likely Omega), the volume of tailings that will produce and what the holding capacity of the tailings facility is. It might also depend on whether or not KL wants to take over Golden Candle as they may have a trump card there. Having said that Golden Candle's "ore" is said to be about one gram per ton and six million ozs., so to mine, there would be about 180 million tons of tailings - rather a lot although perhaps some could be disposed of in other ways such as back into mined out portions of the pit. I estimate the Kerr Addison tailings to be about 33 million tons and as previously said there is some talk of putting that back through a mill. Barber Lake right across the road from the McGarry tailings facility may be a possibiity. The last time I was there it looked already like it was pretty heavily contaminated - likely a brownfield of sorts.
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