WHY INVEST IN MARGAUX RESOURCES
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
We see quicker rewards for our shareholders by attention to the bulk-tonnage gold potential of our projects, and by the prospect of early cash-flow through gold recovery from the historical Cassiar tailings.
- 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.