vom 30.3.21 mit Dr. Webb, CEO:
"Initially, it was financed by a small junior company and later on it went into a private company, and we ended up mining 15,000 tonnes of rock under the ground from 45 feet of elevation," said Dr. Webb. "We got 15,000 ounces of gold from the 15,000 tonnes," he shared. Dr. Webb then explained that despite the project's drilling success, the value of gold was too low during this time.
"Today, we have the same vein and the same grades," said Dr. Webb. "Rather than bringing in the drills and spending millions of dollars drilling it off, for the same cost we could get the mining equipment in, dig it out, and put it on a big pile on the surface," he continued. "It could be one, two, or three ounces per tonne; we just know that historically it will average one ounce per tonne and that's what we expect to bring up," he shared. "With that in hand, we will have accomplished for the same price what it would have cost to complete a preliminary feasibility study."
"What's the long-term potential of the Mon Gold property?", asked Jolly. "Well, because we're in the Greenstone Belt, it typically has great depth," said Dr. Webb, before discussing the production of other successful mines in the area. "The Con Mine that took out 6 million ounces of gold went down over 7,000 feet and the Giant Mine with 8 million ounces of gold went down about 3,000 feet," shared Dr. Webb. "With our mine going down only 45 feet, I think we have great potential."
"What support do you have to execute your plan going forward?", asked Jolly. "We have a team that has been there and done that," said Dr. Webb. "The group that we have includes all of the operators from when we mined it in the past," he shared. "We know that our costs should be in the range of $450 to mine and process a tonne of rock," explained Dr. Webb, adding that the Company believes this will allow for a comfortable margin. "We're going to be operating at 100 tonnes per day initially, which is the same rate that the Con Mine started at for its 6 million ounces."
"You're doing everything in house, is that correct?", asked Jolly. "It started off with two separate entities and as we go forward Sixty North is acquiring 100% interest in the entire project," explained Dr. Webb. "It's all in house," he shared. "I am a registered, professional geologist, I'm a registered, professional engineer, and I've got over 40 years' experience doing this in the Northwest Territories and worldwide," said Dr. Webb. "With a little assistance from people here and there, we can make this work."
"This is an incredible entry point," shared Dr. Webb. "We are all about derisking the project," he added. "We are the only permitted gold mine and mill in the Northwest Territories," said Dr. Webb, adding that the Company has also completed its winter road and has all of the necessary equipment onsite. "We are all set to go, we're just waiting for the opportune time to start it up and that will be when the weather is a little bit warmer," closed Dr. Webb.
Die gesamte Ausrüstung ist an der Mine und wird dort zusammengebaut, man wird loslegen sobald das Wetter es zuläßt. 100t/T mit 1oz Gold bei 450$ Kosten.... und einem sharepreis von nur -,06$ in den USA und einer MC von 58Mio$ - Dabei ist man erst bis 45 ft. "Tiefe" angekommen. Die Nachbarminen haben 3 - 8Mio oz gefördert ..... |