Key Takeaways from latest Ewan Interview in ZurichIAU interest in Ruby Hill arose as a result of them assisting Paycore in their due diligence in accquistion of FAD from Waterton.
Other companies showing interest in acquiring Paycore forced IAU to make decision to take over Paycore.
Target is 500,000 ounces per year on gold equivalent basis with the two processing facilities. 250k each
2024 production should be close to 100k ounces.
Ruby Hill floatation should be running by end of 2025.
Both exploration and development sucess on the Lassonde Curve. Two sweet spots.