Copper and gold focus – four separate high-grade deposits: Corner Bay, Cedar Bay, Copper Rand and Devlin. The former three which remain open for expansion.
43-101 Resources at Corner Bay, Cedar Bay and Devlin. Significant historic reserves and resources at Copper Rand. Other known deposits.
First time all four assets are in one vehicle – potential for new discoveries.
Excellent land package
Located in the prolific Lac Doré (Chibougamau) mining camp that has produced 1.6 Blb of copper and 3.2 Moz of gold with significant exploration potential.
Excellent infrastructure
Past-permitted 2,700-tpd mill and tailings facility.
Quebec is one of the most favourable mining jurisdictions
Strong redevelopment support.
Experienced contractors and workers.
Attractive flow-through financing structure.
Strong management team and financial partners (Ocean Partners, Orion and RCF)
Provide the potential for future financing for development operations through offtake/advanced sales.
