To become BC’s next Orogoenic Gold Bulk Company with High-Grade Upside.

Option and Definitive Agreement in place on 2 BC Orogenic Projects. Targeting acquisition of 1 – 3 more, based on exacting criteria.

Simple, shallow drilling, step & repeat, in a favourable terrain

Advanced Stage Gold Property, 1Moz historic gold resource to be validated in 2019

Diamond drilling c.6 holes in May  / June 2019 in Cassiar with the objective of updating / validating the 2009 Taurus Resource Report. Upon definition of an expanded Mineral Resource (1Moz),we aim to generate new exploration targets with continued drilling for a second resource report YE20. Margaux’s ultimate goal is to target +3-5Moz Resource within 5 years.

Key to the success of any venture is the skill of the incumbent team to foresee, understand and mitigate the challenges and risks posed by the operating environment. The Margaux operational team has been expressly assembled with this in mind, and all of its members have a proven track record of exploration and operational success.

Seasoned and successful management team including Chris Stewart (Director), President and COO, McEwan Mining and Steve Letwin (Advisor), President and CEO, IamGold

Commercial Goals

Raise C$500k
Q1 | 2019
Fund Cassiar Project work program including permitting, deposit modelling, and initial exploration.
Follow-up raise of C$2.5M for exploration program
Q2 | 2019
To fund whole 2019 field program – the majority of which will be at Cassiar
Initiate Mining License for Tailings Processing
Q3 | 2019
Upon completion of tailings operation design, application will be submitted for the mining license.
Prove Maiden Resource to 1Moz
YE | 2019
Estimate will be completed for the Taurus deposit, once results from the 2019 confirmation drill program are available
Evaluate other BC Gold properties with goal to strategic acquisitions
YE | 2019
Using a defined set of criteria, we continue to seek projects that are complementary to our existing assets.


Crux Investor – Interview with Steve Letwin

Crux Investor – Margaux IMHO Review Q1 2019

Our first drill campaign of 2018 is starting this week so this was a good opportunity to give an update of our exploration activities

  • In Canada, over 80% of Gold comes from orogenic deposits, with the Abitibi region alone contributing over 180Moz Au.
  • Orogenic Gold deposits can produce high grade veins as well as low grade bulk tonnage deposits.
  • We would expect 90+% recovery rates (both by gravity and flotation concentrate methods)
  • Highly analogous to Canadian examples including Abitibi region (Campbell-Red Lake, Kirkland Lake, Hemlo, Dome, McIntyre-Hollinger, Malartic), Barkerville/Cariboo, Klondike, and Bralorne. Global analogies include IAMGOLD’s Rosebel & Sarimaka operations (Suriname), Muruntau (Uzkekistan) and many others.


Summary of Ownership

Summary of Ownership


Financial Reports

August 22, 2019 Q3 Financial Statement – 2019
May 29, 2019 Q2 Financial Statement – 2019
March 2, 2019 Q1 Financial Statements – 2019
January 28, 2019 2018 Year End Financial Statement
August 24, 2018 Q3 Financial Statements – 2018
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August 22, 2019 Q3 MD&A – 2019
May 29, 2019 Q2 MD&A – 2019
March 2, 2019 Q1 MD&A – 2019
January 28, 2019 2018 Year End MD&A
August 24, 2018 Q3 MD&A – 2018
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