• To develop BC’s next orogenic gold bulk-tonnage property with high-grade upside.
  • Option and Definitive Agreement in place on 2 BC orogenic gold projects.
  • Targeting acquisition of 1 – 3 more, based upon exacting criteria.
  • Simple, shallow drilling in favourable terrain
  • Cassier Advanced Stage Gold Property:
    • Taurus bulk-tonnage deposit 1 Moz  gold inferred resource (September 2019)
  • Validated and updated historic resource at Taurus (Cassiar Property)
  • Upgrade resource confidence and test extension targets with 2020 drilling
  • Develop exploration targets for drill testing in 2020
  • 5 year goal: build a 3-5 Moz resource at Cassiar

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.

Latest News


  • 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

Current share price as of April 28 – $0.07

Shares Outstanding – 137.29M

Market Cap – CAD – $9.61M

Enterprise – CAD – $9.61M

Summary of Ownership


Financial Reports