Company Profile
TSX listed Canadian-based dynamic gold and silver mineral exploration company. Owner of two gold deposits.
Mineral Classification: Gold, Silver.
Gold Project Profile:
Ø Location: Sonoro State, Mexico.
Ø Mining Method: Open pit heap leach.
Ø Mineral Resource: NI 43-101 inferred resource 201,000 oz AuEq at 0.545g/t.
Ø Exploration Status:
ü NI-43-101 Technical Report Completed in July, 2019.
ü Phase III drilling program targeting approximately 10,000 meters of drilling is supposed to commence in March 2020.
Ø Financial Performance
Share Price | C$ 0.125 |
Market CAP | C$ 5.30 M |
Shares Outstanding | 42.47 M |
Warrants | 7.66 M |
Stock Options | 4.22 M |
Shares Fully Diluted | 54.46 M |
Ø Investment Highlights
Pilot Heap Leach Gold Operation | |
ü First 5 years: 24,000 oz Au, 236,580 oz Ag per annum. | ü Payback in 1.51 years. |
ü Total: 86,400 oz Au, 354,865 oz Ag. | ü NPV @ 6% US$ 26,673,428. |
ü Initial Capital cost of US$ 13,657,017. | ü IRR (DCFROR) 62% |
Company Requirement: Seek for EPC cooperation / finance investment.
Contact Information: Platform
Attachment Download: Company Presentation