Post by
gnote1 on Sep 15, 2017 8:08am
Corporate Presentation - Highlights
Highlights- Dont be distracted by the Lowlifes!
Production of 35,000 oz. of gold from the Bachelor Mine over the last 12 months
Cash costs of ~US$940/oz.* at Bachelor
Cash-flow positive from Bachelor mine Exploration potential on Bachelor, Coniagas, Moroy, Moss, and Barry properties
* Gold stream included
Three largest shareholders Shares Part. dil.
Wexford Capital LP 13.11% 18.62%
Kirkland Lake Gold 12.68% 17.89%
E. Sprott 14.85% 17.19%
Excellent infrastructure, efficient and expandable mill • Stable political environment • Within promising mining camp (Urban-Barry) adjacent to the Osisko’s Windfall project
BACHELOR 9 GOLD MINE AND MILL • CIP Mill with a recovery > 96% and availability > 95% • Mill capacity of 800 tpd • Hoisting capacity of 1,500 tpd down to 1,200 metres • Current shaft depth: 700 metres • Existing camp for 260 on site • Power availability > 7 MVA (66% used)
PARALLEL VEIN SYSTEM ZONE **CURRENTLY EXPLORING** NEW GOLD ZONE 250 M BELOW LOWEST LEVEL
BACHELOR - MOROY POTENTIAL FOR BOTH ZONES TO CONNECT AT DEPTH WITHIN CURRENT UNDERGROUND DEVELOPMENT--drilling started Sept 2017
BARRY UG PROJECT 18 RAPID ADVANCEMENT OF PERMITS PERMITTING & CONSTRUCTION Q4 2017 RAMP DEV. BULK SAMPLE & PRE-FEASIBILITY 2018 RESOURCE UPGRADE 2017
BACHELOR MILL --Expandable to 1,200 tpd for < $ 4M
BACHELOR MILL THE ONLY MILL IN THE HEART OF THE URBAN-BARRY CAMP
CONCLUSIONS Proven assets, experienced team, safe political jurisdiction, low technical risk Bachelor generates positive cash-flow
Large land position in the attractive UrbanBarry camp
Exploration potential at Bachelor, Moroy, Moss, Barry and Coniagas
Comment by
heystupider on Sep 15, 2017 8:40am
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