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 B lb of copper and 3.2 M oz 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.
