- Belo Sun Mining Corp is developing the Volta Grande gold project in Brazil, the largest gold project under development in Brazil containing 5.1 million ounces of gold in the measured and indicated categories.
- A PEA showed the project is economically viable with an after-tax NPV of $418 million using a 5% discount rate and an IRR of 16.1% at a gold price of $1300/ounce.
- The staged development approach involves an initial investment of $328.7 million for the project's pre-production phase to mine 3 million tonnes per year initially before expanding to 4.9 million tonnes per year.
Belo Sun Corporate Presentation Aug 2014 belosunhelia
Belo Sun Mining Corporation presented a corporate overview and update on its Volta Grande gold project in Brazil. Key highlights included:
- Measured and indicated resources at Volta Grande total 5.1 million ounces of gold. Inferred resources are 2.5 million ounces.
- A preliminary economic assessment shows the project can generate average annual production of 167,000 ounces of gold over its 21-year mine life.
- Initial capital costs are estimated at $329 million with an after-tax IRR of 16.1% and 4.2 year payback at $1,300 per ounce gold price.
- Future goals include expanding resources through drilling, completing a definitive feasibility study, and obtaining
Belo Sun Corporate Presentation Aug 2014 belosunhelia
Belo Sun Mining Corporation presented a corporate presentation in August 2014 that outlined key details about their Volta Grande gold project in Brazil. The presentation highlighted that Volta Grande has measured and indicated resources of 5.1 million ounces of gold and inferred resources of 2.5 million ounces. It also summarized the project's infrastructure advantages and experienced management team. Belo Sun believes there are opportunities to expand resources through further exploration of target areas around the existing deposits.
Belo Sun Corporate Presentation April 2014belosunhelia
This corporate presentation from Belo Sun Mining Corporation provides information on its Volta Grande gold project in Brazil. Key points include:
- Volta Grande is the largest developing gold project in Brazil, with measured and indicated resources of 5.1 million ounces of gold.
- A preliminary feasibility study showed average annual production of 313,100 ounces of gold over a 21-year mine life at an operating cost of $711.50 per ounce.
- The project received approval of its environmental impact assessment and a preliminary installation license.
- Goals for 2014 include releasing a preliminary economic assessment using a staged development approach, expanding resources through drilling, and advancing permits.
Belo Sun Corporate Presentation June 2015Helia Bento
- Belo Sun is developing the Volta Grande gold project in Brazil which has over 3.8 million ounces of proven and probable reserves.
- The feasibility study shows strong economics including average annual production of 205,000 ounces over a 17 year mine life at low costs.
- Permitting is well advanced with environmental licensing received and construction permitting submitted.
- The project has significant exploration upside as only a small portion of the large 120km land package has been drilled to date.
Belo Sun Corporate Presentation Oct 2014Helia Bento
This corporate presentation by Belo Sun Mining Corp discusses its Volta Grande gold project in Brazil. Key points include:
- The project is located in a prolific mining district in northern Brazil and has seen significant resource growth since 2011.
- As of 2013, measured and indicated resources total 93.8 million tonnes at 1.69 g/t gold for 5.1 million ounces, with additional inferred resources of 45.5 million tonnes at 1.75 g/t gold for 2.5 million ounces.
- Engineering studies have been conducted for an open-pit mine and processing plant capable of processing 3 million tonnes per year using a conventional carbon-in-leach flowsheet to produce
- Belo Sun Mining Corp presented details on their largest gold project in Brazil, the Volta Grande Project.
- Key highlights included updated mineral resource estimates showing increases in measured, indicated, and inferred ounces, completion of a pre-feasibility study showing positive economics, and plans for continued expansion and exploration drilling.
- The presentation outlined the project's geology and mineralization, provided block model cross sections of the deposits, and reviewed the positive preliminary economic assessment including production estimates, costs, and financial sensitivities to the gold price.
Belo Sun Corporate Presentation March 2014 Websitebelosunhelia
This corporate presentation from Belo Sun Mining Corporation provides information on its Volta Grande gold project in Brazil. Key points include:
- Volta Grande is described as the largest developing gold project in Brazil, with over 5 million ounces of gold in the measured and indicated resource categories.
- A preliminary economic assessment is underway and will be released in stages, evaluating opportunities for expanding production and reducing costs over the 21-year mine life.
- Belo Sun has an experienced management team and board with decades of experience developing mining projects in Brazil.
- The project is located near infrastructure in a mining-friendly jurisdiction, and has potential for further resource expansion on additional targets on the large land package.
Ramping Up Brucejack – Presented at the Scotiabank Mining ConferencePretiumR
Pretium Resources is ramping up production at its high-grade Brucejack gold mine in British Columbia, Canada. In the third quarter of 2017, Brucejack produced over 82,000 ounces of gold and achieved commercial production rates. Pretium aims to further increase production and explore regional targets to expand reserves.
Belo Sun Corporate Presentation Aug 2014 belosunhelia
Belo Sun Mining Corporation presented a corporate overview and update on its Volta Grande gold project in Brazil. Key highlights included:
- Measured and indicated resources at Volta Grande total 5.1 million ounces of gold. Inferred resources are 2.5 million ounces.
- A preliminary economic assessment shows the project can generate average annual production of 167,000 ounces of gold over its 21-year mine life.
- Initial capital costs are estimated at $329 million with an after-tax IRR of 16.1% and 4.2 year payback at $1,300 per ounce gold price.
- Future goals include expanding resources through drilling, completing a definitive feasibility study, and obtaining
Belo Sun Corporate Presentation Aug 2014 belosunhelia
Belo Sun Mining Corporation presented a corporate presentation in August 2014 that outlined key details about their Volta Grande gold project in Brazil. The presentation highlighted that Volta Grande has measured and indicated resources of 5.1 million ounces of gold and inferred resources of 2.5 million ounces. It also summarized the project's infrastructure advantages and experienced management team. Belo Sun believes there are opportunities to expand resources through further exploration of target areas around the existing deposits.
Belo Sun Corporate Presentation April 2014belosunhelia
This corporate presentation from Belo Sun Mining Corporation provides information on its Volta Grande gold project in Brazil. Key points include:
- Volta Grande is the largest developing gold project in Brazil, with measured and indicated resources of 5.1 million ounces of gold.
- A preliminary feasibility study showed average annual production of 313,100 ounces of gold over a 21-year mine life at an operating cost of $711.50 per ounce.
- The project received approval of its environmental impact assessment and a preliminary installation license.
- Goals for 2014 include releasing a preliminary economic assessment using a staged development approach, expanding resources through drilling, and advancing permits.
Belo Sun Corporate Presentation June 2015Helia Bento
- Belo Sun is developing the Volta Grande gold project in Brazil which has over 3.8 million ounces of proven and probable reserves.
- The feasibility study shows strong economics including average annual production of 205,000 ounces over a 17 year mine life at low costs.
- Permitting is well advanced with environmental licensing received and construction permitting submitted.
- The project has significant exploration upside as only a small portion of the large 120km land package has been drilled to date.
Belo Sun Corporate Presentation Oct 2014Helia Bento
This corporate presentation by Belo Sun Mining Corp discusses its Volta Grande gold project in Brazil. Key points include:
- The project is located in a prolific mining district in northern Brazil and has seen significant resource growth since 2011.
- As of 2013, measured and indicated resources total 93.8 million tonnes at 1.69 g/t gold for 5.1 million ounces, with additional inferred resources of 45.5 million tonnes at 1.75 g/t gold for 2.5 million ounces.
- Engineering studies have been conducted for an open-pit mine and processing plant capable of processing 3 million tonnes per year using a conventional carbon-in-leach flowsheet to produce
- Belo Sun Mining Corp presented details on their largest gold project in Brazil, the Volta Grande Project.
- Key highlights included updated mineral resource estimates showing increases in measured, indicated, and inferred ounces, completion of a pre-feasibility study showing positive economics, and plans for continued expansion and exploration drilling.
- The presentation outlined the project's geology and mineralization, provided block model cross sections of the deposits, and reviewed the positive preliminary economic assessment including production estimates, costs, and financial sensitivities to the gold price.
Belo Sun Corporate Presentation March 2014 Websitebelosunhelia
This corporate presentation from Belo Sun Mining Corporation provides information on its Volta Grande gold project in Brazil. Key points include:
- Volta Grande is described as the largest developing gold project in Brazil, with over 5 million ounces of gold in the measured and indicated resource categories.
- A preliminary economic assessment is underway and will be released in stages, evaluating opportunities for expanding production and reducing costs over the 21-year mine life.
- Belo Sun has an experienced management team and board with decades of experience developing mining projects in Brazil.
- The project is located near infrastructure in a mining-friendly jurisdiction, and has potential for further resource expansion on additional targets on the large land package.
Ramping Up Brucejack – Presented at the Scotiabank Mining ConferencePretiumR
Pretium Resources is ramping up production at its high-grade Brucejack gold mine in British Columbia, Canada. In the third quarter of 2017, Brucejack produced over 82,000 ounces of gold and achieved commercial production rates. Pretium aims to further increase production and explore regional targets to expand reserves.
Belo Sun Corporate Presentation June 2015Helia Bento
- Belo Sun is developing the Volta Grande gold project in Brazil which has proven and probable reserves of 3.8 million ounces of gold.
- A feasibility study shows the project can produce an average of 205,000 ounces of gold per year over a 17 year mine life at low costs of $618 per ounce.
- The study estimates an after-tax IRR of 26% and NPV of $640 million using a gold price of $1,200 per ounce.
- Belo Sun Mining Corp is developing the Volta Grande gold project in Brazil, the largest gold project currently under development in the country.
- The project contains over 5 million ounces of gold in the measured and indicated categories and over 2.5 million ounces in the inferred category.
- A prefeasibility study showed the project would produce an average of over 313,000 ounces of gold per year over a 10 year mine life at an operating cost of $711.50 per ounce and require an initial investment of $749 million.
Donlin Gold is a large-scale gold project located in Alaska that is a joint venture between NOVAGOLD (50%) and Barrick Gold (50%). The project is expected to be one of the largest gold mines in the world, with an estimated 27-year mine life and average annual production of over 1 million ounces of gold per year during its first five full years of operation. Donlin Gold has significant exploration potential along an 8km mineralized trend and its high-grade ore of 2.24 g/t is double the industry average grade of 1.12 g/t. The project's economics are highly sensitive to gold price, with its after-tax NPV increasing over 20 times from $6.
The largest developing gold project in Brazil is the Volta Grande project owned by Belo Sun Mining Corp. The Volta Grande project contains over 5 million ounces of gold in the measured and indicated categories and over 2.5 million ounces in the inferred category, making it the largest gold project under development in Brazil. Belo Sun has expanded resources at Volta Grande significantly since 2009 through additional drilling programs and now aims to advance the project towards production.
- Belo Sun is developing the Volta Grande gold project in Brazil, the largest gold project under development in Brazil containing over 5 million ounces of gold.
- A prefeasibility study showed an after-tax NPV of $1.1 billion and IRR of 23% at $1,300/oz gold price with average annual production of over 300,000 oz of gold over a 10 year mine life.
- Exploration is ongoing to expand resources around the main deposits through 100,000m of drilling with potential to increase mine life.
This document provides forward-looking statements and notes to investors regarding Agnico Eagle's corporate update presentation at the Scotiabank Mining Conference in December 2017. It outlines key assumptions and risk factors for Agnico Eagle's projections, including commodity prices, production estimates, costs estimates, currency fluctuations, and permitting/development timelines. It also notes that certain terms used in the presentation, such as total cash costs per ounce and all-in sustaining costs per ounce, are non-GAAP measures and provides reconciliations to IFRS measures.
This document is a corporate presentation from SSR Mining Inc. that contains forward-looking statements regarding future production, costs, exploration and development plans. It cautions readers that actual results may differ due to risks and uncertainties. It also provides qualifications for the scientific and technical information presented.
This document provides an overview of NovaGold Resources Inc., which is focused on developing two major gold and copper assets, Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the largest gold development projects in the world with over 39 million ounces of gold in measured and indicated mineral resources. It has the potential to be a long-life, high-margin operation producing over 1 million ounces of gold per year in its first five full years of production. The project is located in Alaska, which is considered one of the best mining jurisdictions. The document highlights Donlin Gold's large scale, high grade, and strong exploration potential compared to other development projects in North and South America. Caution
Probe Metals is a well-funded Canadian gold explorer advancing its Val-d'Or East project in Quebec. The Preliminary Economic Assessment shows an after-tax NPV of C$598M and IRR of 32.8% at a gold price of US$1,500/oz over a 12.5 year mine life producing an average of 207,000 ounces of gold per year. The project has over 1.8M ounces of gold in the measured and indicated categories and 2.3M ounces in inferred.
The document provides an overview of the Castelo de Sonhos gold project in Brazil. Key highlights from the preliminary feasibility study include estimated life of mine gold production of 1.3 million ounces over 11 years at an average annual production of 121,000 ounces. The study estimates an after-tax internal rate of return of 28% and NPV of $321 million using a gold price of $1,550 per ounce. Initial capital costs are estimated at $261 million and average operating costs are estimated at $900 per ounce. The project is expected to have a payback period of less than 3 years.
The document provides an overview of the Castelo de Sonhos gold project in Brazil being developed by TriStar Gold Inc. Key highlights from a preliminary feasibility study include projected gold production of 1.3 million ounces over 11 years at an average rate of 121,000 ounces per year. The study estimates an after-tax NPV of $321 million using a gold price of $1,550 per ounce and an internal rate of return of 28%. Initial capital costs are estimated at $261 million and operating costs are estimated at $900 per ounce on an all-in sustaining basis. Mining will use conventional open pit methods to extract ore from three deposits - Esperança South, East and Center - over two phases.
The document summarizes a tour of New Gold's New Afton mine project in Kamloops, British Columbia on September 22-23, 2010. It includes cautionary statements regarding the use of forward-looking information and non-GAAP measures in the document. Key details provided include that the document contains forward-looking information about New Gold's future financial and operating performance, defines how New Gold calculates total cash costs per ounce, and notes that the technical information was prepared under the supervision of a qualified person.
This corporate presentation from Black Iron Inc. outlines an investment opportunity in an iron ore project located in Ukraine. Key points include:
- Black Iron's flagship Shymanivske project has large mineral resources, positive feasibility study economics, and access to existing infrastructure for rail, port and utilities.
- The project benefits from proximity to markets in Europe and Asia and a location in a major iron ore district of Ukraine.
- Black Iron has the required permits and is advancing the project, highlighting potential for resource expansion and low development risks relative to other geographies.
- Ukraine provides a mining-friendly jurisdiction with potential for closer European integration and a skilled workforce for the industry.
The document discusses Goldquest Corp's Romero gold-copper project in the Dominican Republic. It highlights results from a 2016 pre-feasibility study that showed the project has an after-tax NPV of $203 million and IRR of 28% at $1,300/oz gold price. The study outlined probable mineral reserves of 7 million tonnes grading 3.72 g/t gold and 0.88% copper containing 1.12 million ounces of gold equivalent. The project is planned as an underground mine producing over 100,000 ounces of gold equivalent annually at average all-in sustaining costs of $595/oz over a 7 year mine life. Goldquest also discusses exploration potential from the surrounding 50km
Lion One Metals provided an exploration update on its Tuvatu Gold Project in Fiji. Key points include:
1) Ongoing near-surface drilling is expanding and upgrading resources for a proposed starter mine, with notable intercepts including 8.48m at 10.24 g/t Au.
2) Deep drilling continues to encounter high grades hundreds of meters below the current resource, such as 55.44 g/t Au over 2.3m from 575.5m.
3) Regional targets on the large license area show anomalous high grades from rock chips, with ongoing drilling at targets like Banana Creek.
The document is a corporate presentation for Probe Metals Inc., a well-funded Canadian gold explorer. Some key points:
- Probe Metals is advancing its Val-d'Or East gold project in Quebec which has over 1.8Moz in M&I and 2.3Moz in inferred resources. A preliminary economic assessment showed strong economics.
- The project has potential for further resource growth along multiple mineralized trends on its large land package in the prolific Abitibi gold belt.
- The company is well positioned for development with a strong cash position, experienced management team, and supportive shareholders. Upcoming catalysts include an updated resource estimate and continued permitting.
This document provides an overview of Crocodile Gold Corp, a mid-tier Australian gold producer. It discusses Crocodile Gold's growing gold production and cash flow generation, decreasing costs, sizable gold resources, and focus on advancing growth projects like the Big Hill project. The document also summarizes Crocodile Gold's 2013-2014 operational performance and milestones, production across its three main mines, and its strategy of divesting non-core assets.
Lion One Metals is a Canadian mining company exploring for gold in Fiji. It owns the Tuvatu gold project, which hosts a resource of over 650,000 ounces of gold. The company is conducting near-surface drilling to expand and upgrade the resource, as well as deeper drilling to test for extensions at depth. Lion One has also identified several regional exploration targets on its licenses that show high-grade gold potential. Its development plans envision an initial starter mine and pilot plant producing 300-500 tonnes per day.
Belo Sun Corporate Presentation March 2014belosunhelia
This corporate presentation from Belo Sun Mining Corporation provides information on its Volta Grande gold project in Brazil. Key points include:
- Volta Grande is described as the largest developing gold project in Brazil, containing over 5 million ounces of gold in the measured and indicated categories.
- A preliminary feasibility study from 2013 estimated average annual production of 313,000 ounces of gold over the life of the 21-year mine at an operating cost of $711.50 per ounce.
- Goals for 2014 include releasing a preliminary economic assessment, expanding resources through drilling, and advancing permits and licenses for the project.
The largest developing gold project in Brazil is the Volta Grande Project owned by Belo Sun Mining Corp. The Volta Grande Project contains over 5 million ounces of gold in the measured and indicated categories and over 2.5 million ounces in the inferred category, making it the largest gold project under development in Brazil. Belo Sun has an experienced management team and board with extensive experience in the region. An initial prefeasibility study shows the Volta Grande Project could have strong economics with an after-tax IRR of over 17% and NPV of $474 million at a 5% discount rate. Belo Sun continues exploration and development activities to expand resources and advance the project towards production.
The document summarizes the Volta Grande gold project in Brazil, which is described as the largest undeveloped gold deposit in the country. It provides an overview of the project, including notes on mineral resource and reserve estimates. Key details include that the technical report was prepared in accordance with NI 43-101 standards, and that inferred resources are considered too speculative to apply economic parameters for public disclosure.
The document discusses developing the Open Pit Volta Grande Gold Project in Brazil. It is the largest undeveloped gold deposit in Brazil. Key points include:
- Measured and indicated resources of 5Moz at 0.98 g/t gold and inferred resources of 1.1Moz at 0.90 g/t gold.
- Average annual production of 205,000oz of gold over a 17 year mine life.
- Post-tax NPV of $665M and IRR of 26% at $1,200/oz gold based on the 2015 feasibility study.
- Permitting progress including an environmental license granted in 2012 and construction license granted in 2017, though subject to legal appeals.
Belo Sun Corporate Presentation June 2015Helia Bento
- Belo Sun is developing the Volta Grande gold project in Brazil which has proven and probable reserves of 3.8 million ounces of gold.
- A feasibility study shows the project can produce an average of 205,000 ounces of gold per year over a 17 year mine life at low costs of $618 per ounce.
- The study estimates an after-tax IRR of 26% and NPV of $640 million using a gold price of $1,200 per ounce.
- Belo Sun Mining Corp is developing the Volta Grande gold project in Brazil, the largest gold project currently under development in the country.
- The project contains over 5 million ounces of gold in the measured and indicated categories and over 2.5 million ounces in the inferred category.
- A prefeasibility study showed the project would produce an average of over 313,000 ounces of gold per year over a 10 year mine life at an operating cost of $711.50 per ounce and require an initial investment of $749 million.
Donlin Gold is a large-scale gold project located in Alaska that is a joint venture between NOVAGOLD (50%) and Barrick Gold (50%). The project is expected to be one of the largest gold mines in the world, with an estimated 27-year mine life and average annual production of over 1 million ounces of gold per year during its first five full years of operation. Donlin Gold has significant exploration potential along an 8km mineralized trend and its high-grade ore of 2.24 g/t is double the industry average grade of 1.12 g/t. The project's economics are highly sensitive to gold price, with its after-tax NPV increasing over 20 times from $6.
The largest developing gold project in Brazil is the Volta Grande project owned by Belo Sun Mining Corp. The Volta Grande project contains over 5 million ounces of gold in the measured and indicated categories and over 2.5 million ounces in the inferred category, making it the largest gold project under development in Brazil. Belo Sun has expanded resources at Volta Grande significantly since 2009 through additional drilling programs and now aims to advance the project towards production.
- Belo Sun is developing the Volta Grande gold project in Brazil, the largest gold project under development in Brazil containing over 5 million ounces of gold.
- A prefeasibility study showed an after-tax NPV of $1.1 billion and IRR of 23% at $1,300/oz gold price with average annual production of over 300,000 oz of gold over a 10 year mine life.
- Exploration is ongoing to expand resources around the main deposits through 100,000m of drilling with potential to increase mine life.
This document provides forward-looking statements and notes to investors regarding Agnico Eagle's corporate update presentation at the Scotiabank Mining Conference in December 2017. It outlines key assumptions and risk factors for Agnico Eagle's projections, including commodity prices, production estimates, costs estimates, currency fluctuations, and permitting/development timelines. It also notes that certain terms used in the presentation, such as total cash costs per ounce and all-in sustaining costs per ounce, are non-GAAP measures and provides reconciliations to IFRS measures.
This document is a corporate presentation from SSR Mining Inc. that contains forward-looking statements regarding future production, costs, exploration and development plans. It cautions readers that actual results may differ due to risks and uncertainties. It also provides qualifications for the scientific and technical information presented.
This document provides an overview of NovaGold Resources Inc., which is focused on developing two major gold and copper assets, Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the largest gold development projects in the world with over 39 million ounces of gold in measured and indicated mineral resources. It has the potential to be a long-life, high-margin operation producing over 1 million ounces of gold per year in its first five full years of production. The project is located in Alaska, which is considered one of the best mining jurisdictions. The document highlights Donlin Gold's large scale, high grade, and strong exploration potential compared to other development projects in North and South America. Caution
Probe Metals is a well-funded Canadian gold explorer advancing its Val-d'Or East project in Quebec. The Preliminary Economic Assessment shows an after-tax NPV of C$598M and IRR of 32.8% at a gold price of US$1,500/oz over a 12.5 year mine life producing an average of 207,000 ounces of gold per year. The project has over 1.8M ounces of gold in the measured and indicated categories and 2.3M ounces in inferred.
The document provides an overview of the Castelo de Sonhos gold project in Brazil. Key highlights from the preliminary feasibility study include estimated life of mine gold production of 1.3 million ounces over 11 years at an average annual production of 121,000 ounces. The study estimates an after-tax internal rate of return of 28% and NPV of $321 million using a gold price of $1,550 per ounce. Initial capital costs are estimated at $261 million and average operating costs are estimated at $900 per ounce. The project is expected to have a payback period of less than 3 years.
The document provides an overview of the Castelo de Sonhos gold project in Brazil being developed by TriStar Gold Inc. Key highlights from a preliminary feasibility study include projected gold production of 1.3 million ounces over 11 years at an average rate of 121,000 ounces per year. The study estimates an after-tax NPV of $321 million using a gold price of $1,550 per ounce and an internal rate of return of 28%. Initial capital costs are estimated at $261 million and operating costs are estimated at $900 per ounce on an all-in sustaining basis. Mining will use conventional open pit methods to extract ore from three deposits - Esperança South, East and Center - over two phases.
The document summarizes a tour of New Gold's New Afton mine project in Kamloops, British Columbia on September 22-23, 2010. It includes cautionary statements regarding the use of forward-looking information and non-GAAP measures in the document. Key details provided include that the document contains forward-looking information about New Gold's future financial and operating performance, defines how New Gold calculates total cash costs per ounce, and notes that the technical information was prepared under the supervision of a qualified person.
This corporate presentation from Black Iron Inc. outlines an investment opportunity in an iron ore project located in Ukraine. Key points include:
- Black Iron's flagship Shymanivske project has large mineral resources, positive feasibility study economics, and access to existing infrastructure for rail, port and utilities.
- The project benefits from proximity to markets in Europe and Asia and a location in a major iron ore district of Ukraine.
- Black Iron has the required permits and is advancing the project, highlighting potential for resource expansion and low development risks relative to other geographies.
- Ukraine provides a mining-friendly jurisdiction with potential for closer European integration and a skilled workforce for the industry.
The document discusses Goldquest Corp's Romero gold-copper project in the Dominican Republic. It highlights results from a 2016 pre-feasibility study that showed the project has an after-tax NPV of $203 million and IRR of 28% at $1,300/oz gold price. The study outlined probable mineral reserves of 7 million tonnes grading 3.72 g/t gold and 0.88% copper containing 1.12 million ounces of gold equivalent. The project is planned as an underground mine producing over 100,000 ounces of gold equivalent annually at average all-in sustaining costs of $595/oz over a 7 year mine life. Goldquest also discusses exploration potential from the surrounding 50km
Lion One Metals provided an exploration update on its Tuvatu Gold Project in Fiji. Key points include:
1) Ongoing near-surface drilling is expanding and upgrading resources for a proposed starter mine, with notable intercepts including 8.48m at 10.24 g/t Au.
2) Deep drilling continues to encounter high grades hundreds of meters below the current resource, such as 55.44 g/t Au over 2.3m from 575.5m.
3) Regional targets on the large license area show anomalous high grades from rock chips, with ongoing drilling at targets like Banana Creek.
The document is a corporate presentation for Probe Metals Inc., a well-funded Canadian gold explorer. Some key points:
- Probe Metals is advancing its Val-d'Or East gold project in Quebec which has over 1.8Moz in M&I and 2.3Moz in inferred resources. A preliminary economic assessment showed strong economics.
- The project has potential for further resource growth along multiple mineralized trends on its large land package in the prolific Abitibi gold belt.
- The company is well positioned for development with a strong cash position, experienced management team, and supportive shareholders. Upcoming catalysts include an updated resource estimate and continued permitting.
This document provides an overview of Crocodile Gold Corp, a mid-tier Australian gold producer. It discusses Crocodile Gold's growing gold production and cash flow generation, decreasing costs, sizable gold resources, and focus on advancing growth projects like the Big Hill project. The document also summarizes Crocodile Gold's 2013-2014 operational performance and milestones, production across its three main mines, and its strategy of divesting non-core assets.
Lion One Metals is a Canadian mining company exploring for gold in Fiji. It owns the Tuvatu gold project, which hosts a resource of over 650,000 ounces of gold. The company is conducting near-surface drilling to expand and upgrade the resource, as well as deeper drilling to test for extensions at depth. Lion One has also identified several regional exploration targets on its licenses that show high-grade gold potential. Its development plans envision an initial starter mine and pilot plant producing 300-500 tonnes per day.
Belo Sun Corporate Presentation March 2014belosunhelia
This corporate presentation from Belo Sun Mining Corporation provides information on its Volta Grande gold project in Brazil. Key points include:
- Volta Grande is described as the largest developing gold project in Brazil, containing over 5 million ounces of gold in the measured and indicated categories.
- A preliminary feasibility study from 2013 estimated average annual production of 313,000 ounces of gold over the life of the 21-year mine at an operating cost of $711.50 per ounce.
- Goals for 2014 include releasing a preliminary economic assessment, expanding resources through drilling, and advancing permits and licenses for the project.
The largest developing gold project in Brazil is the Volta Grande Project owned by Belo Sun Mining Corp. The Volta Grande Project contains over 5 million ounces of gold in the measured and indicated categories and over 2.5 million ounces in the inferred category, making it the largest gold project under development in Brazil. Belo Sun has an experienced management team and board with extensive experience in the region. An initial prefeasibility study shows the Volta Grande Project could have strong economics with an after-tax IRR of over 17% and NPV of $474 million at a 5% discount rate. Belo Sun continues exploration and development activities to expand resources and advance the project towards production.
The document summarizes the Volta Grande gold project in Brazil, which is described as the largest undeveloped gold deposit in the country. It provides an overview of the project, including notes on mineral resource and reserve estimates. Key details include that the technical report was prepared in accordance with NI 43-101 standards, and that inferred resources are considered too speculative to apply economic parameters for public disclosure.
The document discusses developing the Open Pit Volta Grande Gold Project in Brazil. It is the largest undeveloped gold deposit in Brazil. Key points include:
- Measured and indicated resources of 5Moz at 0.98 g/t gold and inferred resources of 1.1Moz at 0.90 g/t gold.
- Average annual production of 205,000oz of gold over a 17 year mine life.
- Post-tax NPV of $665M and IRR of 26% at $1,200/oz gold based on the 2015 feasibility study.
- Permitting progress including an environmental license granted in 2012 and construction license granted in 2017, though subject to legal appeals.
The document discusses the development of the Open Pit Volta Grande Gold Project in Brazil. It describes the project as having the largest undeveloped gold deposit in Brazil located in Para state. Key details include measured and indicated resources of 5 million ounces of gold and inferred resources of 1.1 million ounces. The feasibility study outlines average annual production of 205,000 ounces of gold over a 17 year mine life with average operating costs of $618 per ounce.
- Extensive land package on 120km greenstone belt in northeastern Brazil
- Large mineral resource with excellent blue sky growth potential
- Positive Feasibility Study completed in March 2015
- Construction licence (“Licenca de Instalacao” or “LI”) received in February 2017
- Company led by a strong team with a track record of successfully permitting, building and operating mines in Latin America; particularly in Brazil
Belo Sun is a Canadian-based mining company focused on generating long-term sustainable value for its shareholders by developing the Volta Grande Gold Project. A feasibility study completed in March 2015, demonstrates a straightforward open-pit heap leach mine with a long life, strong production profile, bottom quartile operating costs and robust economics.
On February 2, 2017, Belo Sun received the “Licenca de Instalacao” (“LI” or “Construction Licence”) for the Volta Grande Gold Project from the Brazilian State Government of Pará under the environmental authority, SEMAS.
Belo Sun’s executive management team has a long history of working together, and have earned a track-record of successfully advancing and developing mine projects, particularly in central and South America.
Belo Sun Mining trades on the Toronto Stock Exchange under the symbol "BSX".
For further information, please visit www.belosun.com.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
The Troilus Gold Project is a former gold and copper mine in Quebec, Canada that was believed to be fully exploited after closing in 2010. Recent exploration over the past two years has grown the mineral resource by 129% to 4.71 million ounces of gold equivalent in the indicated category and 1.76 million ounces in the inferred category. The expanded deposit remains open along strike and at depth. Existing infrastructure from the previous mining operations such as roads, power, and a permitted tailings facility are expected to reduce capital costs and timelines for any future development.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
KORE Mining - Corporate Presentation (Oct 2019)KORE_Mining
Kore Mining explores and develops gold projects in North America. It has multi-million ounce gold resources across three projects - Imperial, Long Valley, and Fraser Gold. Kore is undervalued compared to its peers based on its enterprise value per ounce of gold resources. It has an experienced management team and board. The company represents an opportunity for investment in the gold sector.
This document provides an overview of BeMetals Corp., a base and precious metals exploration and development company. Key points include:
- BeMetals is led by an experienced management team with a proven track record of mine discoveries and operations.
- The company is well financed with over $31 million raised to date, including $14 million from strategic investor B2Gold Corp.
- BeMetals' project portfolio includes the Kazan Gold Project in Japan, the Pangeni Copper Project in Zambia, and the South Mountain Zinc Project in Idaho.
- Exploration is ongoing at all projects with catalysts expected from drilling results at the Kazan and Pangeni projects in 2022
Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property is located near Chibougamau, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1997 to 2010, Inmet Mining Corporation operated the Troilus project as an open-pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper.
Detour Gold Corporation presents information on its Detour Lake gold mine in Ontario, Canada. Key points include:
- Detour Lake is projected to become a leading intermediate gold producer with average annual production of 657,000 ounces over a 21.5 year mine life.
- Commercial production is targeted for Q3 2013, with gold production guidance of 260,000-320,000 ounces for 2013.
- The mine has 15.6 million ounces of gold reserves at an average grade of 1.03 g/t. Detour Gold plans to grow reserves to over 20 million ounces through exploration and expansion.
- Total cash costs are estimated at $749 per ounce on average over the life of
Troilus Gold Corp. is a Toronto-based, Quebec-focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property is located near Chibougamau, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1997 to 2010, Inmet Mining Corporation operated the Troilus project as an open-pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper.
Visit www.troilusgold.com to find out more.
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. Key points:
- Producing gold from open pit mines at Howley Trends and North Point, with underground mine Cosmo expected to start contributing mid-2011.
- Guidance for 2011 is 85,000-100,000 ounces of gold production at a cash cost of $875-$975/ounce.
- Exploration potential on over 2,700 sq km of tenements, with indicated resources of over 3 million ounces and inferred resources of over 2 million ounces.
- Key catalysts in 2011 include production from the Cosmo underground mine and potential production from Pine Creek with permits. An aggressive exploration program
A 29 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 23 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
This document provides an overview of Avion Gold Corporation, a gold producer in Mali, West Africa. It summarizes the company's assets and growth plans. Avion produced 51,000 ounces of gold in 2009 and expects production of 75,000-85,000 ounces in 2010. Through exploration and acquisitions, the company aims to increase its resource base and ramp up production to 200,000 ounces per year by 2012. Avion has a large land package in Mali with exploration potential and low-cost production. The company trades at a significant discount to its peers and aims to generate value for shareholders through organic growth.
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A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
2. All statements, other than statements of historical fact, contained or incorporated by reference in this presentation, but not limited to, any information as to the future financial or operating
performance of Belo Sun, constitute ‘‘forward-looking information’’ or ‘‘forward-looking statements’’ within the meaning of certain securities laws, including the provisions of the Securities Act
(Ontario) and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, without limitation, statements with respect to: possible
events, the future price of gold, the estimation of mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, the timing and amount of estimated
future production, costs of production, capital expenditures, costs and timing of the development of projects and new deposits, success of exploration, development and mining activities,
permitting timelines, currency fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes
or claims and limitations on insurance coverage. The words “anticipates”, ‘‘plans’’, ‘‘expects’’, “indicative”, “intend”, ‘‘scheduled’’, “timeline”, ‘‘estimates’’, ‘‘forecasts”, “guidance”, “opportunity”,
“outlook”, “potential”, “projected”, “schedule”, “seek”, “strategy”, “study” (including, without limitation, as may be qualified by “feasibility” and “pre-feasibility”), “targets”, “models”, or ‘‘believes’’, or
variations of or similar such words and phrases or statements that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, or ‘‘should’’, ‘‘might’’, or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’ and
similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Belo
Sun as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates, models and assumptions of Belo
Sun referenced, contained or incorporated by reference in this news release, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in our
most recently filed Annual Information Form and our Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2013 as well as: (1) there being no
significant disruptions affecting the operations of Belo Sun or any entity in which it now or hereafter directly or indirectly holds an investment, whether due to labour disruptions, supply disruptions,
power disruptions, damage to equipment or otherwise; (2) political and legal developments in Brazil being consistent with Belo Sun’s current expectations; (3) the exchange rate between the
Canadian dollar, Brazil Real and the U.S. dollar being approximately consistent with current levels; (4) certain price assumptions for gold; (5) prices for diesel, natural gas, fuel oil, electricity and
other key supplies being approximately consistent with current levels; (6) production and cost of sales forecasts for Belo Sun, and entities in which it now or hereafter directly or indirectly holds an
investment, meeting expectations; (7) the accuracy of the current mineral reserve and mineral resource estimates of Belo Sun (including but not limited to ore tonnage and ore grade estimates)
and any entity in which it now or hereafter directly or indirectly holds an investment; (8) labour and materials costs increasing on a basis consistent with Belo Sun’s current expectations; (9) the
viability of the Volta Grande Project (including but not limited to the impact of ore tonnage and grade variability reconciliation analysis) as well as permitting, development and expansion being
consistent with Belo Sun’s current expectations; and (10); access to capital markets. Known and unknown factors could cause actual results to differ materially from those projected in the forward-
looking statements. Such factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities (such as diesel
fuel and electricity); increases in the discount rates applied to present value net future cash flows based on country-specific real weighted average cost of capital; declines in the market valuations
of peer group gold producers and Belo Sun, and the resulting impact on market price to net asset value multiples; changes in interest rates or gold rates; changes
For the Preliminary Economic Assessment (PEA), the scientific and technical information contained in this news release pertaining to the Project has been reviewed and approved by the following
Qualified Persons under NI 43-101 who consent to the inclusion of their names in this release: Dr. Jean-Francois Couture, PGeo and Dr. Oy Leuangthong, P.Eng (Mineral Resource), of SRK
Consulting (Canada) Inc., Gordon Zurowski, P.Eng (Mining and Author Technical Report), and Lyn Jones P. Eng (Metallurgy and Process), of AGP Mining Consultants Inc, each of whom are
independent of Belo Sun. Belo Sun used the October 2013 mineral resource estimate. The PEA is preliminary in nature, and there is no certainty that the PEA will be realized. Mineral resources
that are not mineral reserves do not have demonstrated economic viability. External mining dilution is calculated at 12.3% at zero grade. The diluted life of mine mill feed grade is expected
to average 1.14 g/t gold with an average cut-off of 0.48 g/t gold. Based on current metallurgical testing, the average gold recovery is expected to be 92.8% overall for the life of mine. The ultimate
pit design was based on an optimised pit shell using a US$ 1020 /oz gold price. Internal phases were designed within that ultimate shell. For the purposes of the PEA, only measured and
indicated resources were included in the PEA mine design.
Carlos Costa, P.Geo, an employee of the Company and a qualified person under NI43-101, has reviewed and approved the scientific and technical information herein.
2TSX: BSX
Cautionary Notes
3. Volta Grande
(5.1 Moz M&I)
(2.5 Moz Inf)
3TSX: BSX
Key Projects
* For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design.
Mineral resources that are not mineral reserves do not have demonstrated economic viability.
4. 4TSX: BSX
Resource Expansion (2009 to 2013)
* For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design. Mineral resources that are
not mineral reserves do not have demonstrated economic viability.
5. 5TSX: BSX
Experienced Board & Management
BOARD OF DIRECTORS
Peter Tagliamonte (Chairman)
Mining Engineer
Stan Bharti
Engineer
Jay Hodgson
Geologist
Clay Hoes
Geologist
Rui Santos
Lawyer
Catherine Stretch
Director
MANAGEMENT
BRAZIL OPERATIONS
Carlos Costa
Geologist (30 years experience)
Ricardo Lopes
Geologist (27 years experience)
Omar Antunes
Chemical Engineer
(30 years experience)
Octavio Guimaraes
Engineer (20 years experience)
TORONTO OFFICE
Ian Pritchard
Chief Operating Officer
Ryan Ptolemy
Chief Financial Officer
Pat Gleeson
Corporate Secretary
Mike Hoffman
VP Engineering
Simon Marcotte
VP Corporate Development
Helia Bento
Marketing Manager
Mark Eaton
Director, President & CEO (25 years Capital Markets experience)
Helio Diniz
Director, VP Exploration (30 years Mining/Exploration experience)
6. Shares Outstanding No. 265.9 million
Fully Diluted No. 285.9 million
Share Price C$ $0.21*
Market Capitalization C$ $56 million
52 Week High & Low C$ $0.93- $0.19
Average Daily Volume
(3 month average)
No. 1,000,000
Cash & Cash Equivalents C$ $13 million **
6TSX: BSX
Capital Structure
*As at May 30th, 2014
**As at Dec 31st, 2013
9. 9
Volta Grande Main Deposits (Oct 2013)
TSX: BSX
Ouro Verde
Measured &
Indicated:
44.1 Mt (2.4M oz) @
1.70 g/t Au
Inferred:
22.6 Mt (1.1M oz) @
1.48 g/t Au
Grota Seca
Measured &
Indicated:
47.1 Mt (2.4M oz) @
1.59 g/t Au
Inferred:
18.3 Mt (1M oz) @
1.59 g/t Au
Volta Grande
Total
Measured &
Indicated:
93.8 Mt (5.1M oz) @
1.69 g/t Au
Inferred:
45.5 Mt (2.5M oz) @
1.75 g/t Au
•Details regarding the mineral resource estimate can be found in the Press Release dated Oct 3rd, 2013 and the Technical Report filed March 31st 2014 that have been filed under the profile of the Company
on SEDAR. For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design. Mineral resources that are not mineral reserves do not have demonstrated economic
viability.
•Volta Grande Total includes Ouro Verde, Grota Seca and South Block, underground and pit constrained mineral resources.
11. Grota Seca
South Block
Ouro Verde
Exploration Camp
11
Opportunities Going Forward
TSX: BSX
GRANDE
*South Block Inferred Resource Estimate
-Indicated Pit Constrained – 2.5M tonnes
@ 3.06 g/t Au containing 246k oz Au
-Inferred Pit Constrained – 2.9M tonnes
@ 3.94 g/t Au containing 370k oz Au
-Indicated Underground – 24k tonnes
@ 4.24 g/t Au containing 3k oz Au
- Inferred Underground – 193k tonnes
@ 4.05 g/t Au containing 25k oz Au
Target Areas for future
resource expansion
* Details regarding the mineral resource estimate can be found in the Press Release dated Oct 3rd, 2013 and the Technical Report filed March 31st,
2014 that have been filed under the profile of the Company on SEDAR. Please refer to the Cautionary Notes.
15. OURO VERDE
- Central portion of Domain-2
270m
HG zone inside of D2
Sec 975NW
Sec 475NW
15
16. GROTA SECA
- Central portion of Domain-1
- HG zone related to the general trend presented in slide 15
Sec 2050W Sec 1725W
Notes
- Cut-off: aprox. 1.50 ppm
- Num. drill holes: 41
- Num. samples: 487
- Thickness: max=16m, min=2m,
aver=8m
- HG zone near surface
325m
190m
HG zone inside of D1
16
17. GROTA SECA
- Portion along “Galo” area
- HG zone related to the “galo” trend presented in the slide 15
Sec 800W Sec 525W
Notes
- Cut-off: approx. 1.50 ppm
- Num. drill holes: 42
- Num. samples: 377
- Thickness: need to be
modeled
- HG zones near surface
Main structural controls
TSX: BSX
17
22. Two
Resource
Updates
2013 Highlights
22
Measured & Indicated from:
4.1M oz @ 1.73 g/t Au (Dec 2012) 5.1M oz @ 1.69 g/t Au (Oct 2013)
Inferred from:
2.8M oz @ 1.96 g/t Au (Dec 2012) 2.5M oz @ 1.75 g/t Au (Oct 2013)
Including high grade domain in Measured & Indicated (Oct 2013) of 424,000 oz @ 3.09 g/t Au
Released
PFS
May 2013
Released PFS May 2013
Received approval of Environmental Impact Assessment
Received Preliminary License (LP) (February 2014)
TSX: BSX
* For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design.
Mineral resources that are not mineral reserves do not have demonstrated economic viability.
23. 23TSX: BSX
2014 Goals
Released PEA – staged approach
Drill program on high grade Galo target
Complete DFS, using expanded resource
Complete Indigenous study
Apply for Installation License
24. 24TSX: BSX
Benefit from Lower Brazilian Real
BrazilianReais
1.9
2
2.1
2.2
2.3
2.4
2.5
2.6
Source: Bloomberg April 1st, 2014
25. 25TSX: BSX
PEA – Staged Approach
Project Performance after Tax
Project Data Units Years 1-6 L.O.M
Life of Mine Years 21
Average Annual Mining Rate Mtpa 24.8 27.3
Annual Mill Throughput Mtpa 3.0 4.9
Metallurgical Recovery % 94.1% 92.8%
Average Annual Gold Production oz recovered 147,900 167,309
Average Waste to Mill Feed Strip Ratio Waste:Feed 6.32 4.30
Average Waste to Mill Feed Strip Ratio Waste:(Feed+Stockpile) 3.31 4.30
Average Feed Grade (diluted) grams/tonne 1.66 1.14
Mine Operating Costs
Per Feed Tonne
Mining US$/tonne feed 19.27 13.25
Process US$/tonne feed 9.13 8.64
General and Administration US$/tonne feed 3.49 2.22
Total Operating Cost US$/tonne feed 31.89 24.11
Total Operating Cost including Royalties US$/tonne feed 32.53 24.55
Per Gold Ounce
Mining US$/oz gold recovered 383 373
Process US$/oz gold recovered 182 279
General and Administration US$/oz gold recovered 69 63
Total Operating Cost US$/oz gold recovered 634 715
Total Operating Cost including Royalties US$/oz gold recovered 647 727
CAPITAL COST (including tax) Pre-Production LOM
Initial CAPEX US$ ('000's) 328.7
Sustaining CAPEX US$ ('000's) 104.8
Expansion CAPEX US$ ('000's) 203.6
Preliminary Economic Assessment
* The PEA is preliminary in nature, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. External mining dilution is calculated at 12.3% at zero grade.
The diluted life of mine mill feed grade is expected to average 1.14 g/t gold with an average cut-off of 0.48 g/t gold. Based on current metallurgical testing, the average gold recovery is expected to be 92.8% overall for the life of mine. The ultimate pit
design was based on an optimised pit shell using a US$ 1020 /oz gold price. Internal phases were designed within that ultimate shell. For the purposes of the PEA, only measured and indicated resources were included in the PEA mine design.
26. 26TSX: BSX
PEA – Staged Approach
Project Performance after Tax
Post Tax Evaluation Units Base Case Sensitivity
Gold Price US$ Ounce 1300 1450
NPV 0% US$ Million 1,062 1,472
NPV 5% US$ Million 418 637
IRR % 16.1 21.1
Payback years 4.2 3.3
Capital Cost
Pre Production Costs (US$ millions)
Open Pit $12.6
Processing $114.4
Infrastructure $76.0
Indirects, Contingency, Owners Costs $97.3
Subtotal $300.3
Tax $28.4
Total $328.7
* The PEA is preliminary in nature, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. External
mining dilution is calculated at 12.3% at zero grade. The diluted life of mine mill feed grade is expected to average 1.14 g/t gold with an average cut-off of 0.48 g/t gold. Based on current metallurgical
testing, the average gold recovery is expected to be 92.8% overall for the life of mine. The ultimate pit design was based on an optimised pit shell using a US$ 1020 /oz gold price. Internal phases were
designed within that ultimate shell. For the purposes of the PEA, only measured and indicated resources were included in the PEA mine design.
27. 27TSX: BSX
Open Pit Gold Deposits
Source: Canaccord Genuity, Feb 10th , 2014
Criteria used: (1) Predominantly gold by in-situ value. (2) Greater than 5 Moz Au resource. (3) Politically stable jurisdictions.
(4) Owned by developers/small scale producers.
Global Resources (M&I plus Inferred)
Project Name Country State/Province Owner/Operator Tonnes (Mt) Au Grade (g/t)
Contained Au
(Moz)
Morelos Mexico Guerrero Torex Gold Resources Inc 104.4 2.63 8.8
Courageous Lake Canada
Northwest
Territories
Seabridge Gold Inc 156.3 2.27 11.4
Volta Grande Brazil Para Belo Sun Mining Corp 139.3 1.71 7.6
Esaase Ghana Ashanti Region Asanko Gold Inc 194.9 1.66 10.4
Golden Meadows United States Idaho Midas Gold Corp 134.3 1.65 7.1
Marmato Colombia Caldas Gran Colombia Gold Corp 488.8 0.91 14.4
Mt Todd Australia
Northern
Territory
Vista Gold Corp 352.0 0.81 9.1
Eagle Canada Yukon Victoria Gold Corp 300.1 0.65 6.3
Livengood United States Alaska
International Tower Hill
Mines Ltd
1,068.0 0.59 20.1
Converse United States Nevada Chaparral Gold Corp 351.5 0.50 5.7
Metates Mexico Durango Chesapeake Gold Corp 1,246.9 0.49 19.8
Spanish Mountain Canada British Columbia Spanish Mountain Gold Ltd 533.0 0.40 6.8
Batero-Quinchia Colombia Risaralda Batero Gold Corp 490.9 0.39 6.1
31. 31TSX: BSX
Regional Geology & BSX
Sampling/Geophysics
Garimpinho
79.5 g/t Au in diorite
Javae
120.9 g/t quartz vein colluvium/alluvium
Surubim
Buma *
28 km road access from Itata to BUMA
BSX airborne survey limit
BSX airborne Mag/Rad Survey – covered 130km strike (pending data processing)
Eastern part of the greenstone was not covered in previous work
7 DDH = 1,100m + auger drilling
700,000t @ 0.8 g/t Au (oxide)
grab sample 60 g/t Au (VQz)
Jatoba
11 DDH = 2,389m + auger drilling
11m @ 0.3 % Cu (up to 1.38% Cu)
Geotem-mag airborne survey
grid soil sampling: up to 189 ppb Au
(1km line spacing)
* Historical Resource - Non NI 43-101 Compliant and should not be relied upon.
33. More than one million ounces of historical
gold production at Patrocinio
3.0 km by 1.5 km soil geochemical
anomaly defined
Grab samples have returned gold values up
to 37 g/t in granite and up to 67 g/t in veins
IP geophysical survey completed
1,500 meter drill program completed
One hole returned 23.35m of 1.35 g/t Au
2013 drill program – 5000 meters
16m of 5.2 g/t Au and 15m of 2.66 g/t Au
33TSX: BSX
Patrocinio
Tapajos District
35. 35TSX: BSX
Independent Research Coverage
Firm Analyst
TD Securities Dan Earle
CIBC Jeff Killeen
BMO Capital Markets Brian Quast
National Bank Financial Shane Nagle
Cormark Securities Richard Gray
Canaccord Genuity Rahul Paul
Dundee Capital Markets Joseph Fazzini
Macquarie Capital Markets Michael Gray
Scotiabank Global Banking& Markets Ovais Habib
THE FOREGOING LIST INCLUDES THE NAMES OF ALL FIRMS CURRENTLY KNOWN BY THE COMPANY TO HAVE ANALYSTS COVERING THE COMPANY. THIS LIST MAY NOT BE COMPLETE AND IS SUBJECT TO CHANGE BY FIRMS' CHANGING OF
COVERAGE. PLEASE NOTE THAT ANY OPINIONS, ESTIMATES OR FORECASTS REGARDING THE COMPANY MADE BY THESE ANALYSTS ARE THEIRS ALONE AND MAY NOT REPRESENT THOSE OF THE COMPANY. THE COMPANY IS PROVIDING
THIS LISTING AS A SERVICE TO ITS SHAREHOLDERS AND, BY LISTING, IS NOT IMPLYING ITS ENDORSEMENT OF OR CONCURRENCE WITH SUCH ANALYST REPORTS. THOSE INTERESTED IN SUCH REPORTS SHOULD OBTAIN THEIR OWN
COPIES AND CONTACT THEIR BROKERS OR THE RESPECTIVE FIRMS.
Independent Research – Full Coverage
36. 36TSX: BSX
Belo Sun vs. Peers
1.1x
0.8x
0.8x
0.7x 0.7x 0.7x
0.6x
0.5x 0.5x
0.5x
0.7x
0.4x
1.1x
Midas Probe Romarco Rubicon Lydian Sulliden Sabina Guyana Pretium Torex Peer Median Belo Sun Int. Producer
Peer Median
Source: BMO Capital Markets - Bloomberg and select Street Research, March 20th, 2014
Note: Intermediate Producer peer set includes: African Barrick, Alacer, Allied Nevada, AuRico, B2Gold, Centamin, Centerra, Detour Gold, Eldorado, Harmony, IAMGOLD, New Gold, Petropavlovsk,
Randgold, SEMAFO
40. 0m
-200m 190m 50m
70m
SW NE
-400m
Block Size: 12.5 X 5.0 X 10.0 m
MR Open Pit
g/t Au
Mining - Saprolite US$/t 1.06
Mining - Fresh rock Open Pit US$/t 1.41
Processing US$/t 11.98
G & A US$/t 2.89
Au recovery - Saprolite % 94
Au recovery - Fresh Rock % 94
Selling cost US$ / Oz 13.82
Au Price US$ / Oz 1,400.00
40
Ouro Verde – Block Model Cross Section 900 NW
TSX: BSX
41. 0m
-200m
150m
120m
SW NE
60m
-400m
Block Size: 12.5 X 5.0 X 10.0 m
MR Open Pit g/t Au
Mining - Saprolite US$/t 1.06
Mining - Fresh rock Open Pit US$/t 1.41
Processing US$/t 11.98
G & A US$/t 2.89
Au recovery - Saprolite % 94
Au recovery - Fresh Rock % 94
Selling cost US$ / Oz 13.82
Au Price US$ / Oz 1,400.00
41
Ouro Verde – Block Model Cross Section 525 NW
TSX: BSX
42. 120m25m
SW NE
70m
0m
-400m
-200m
Block Size: 12.5 X 5.0 X 10.0 m
MR Open Pit g/t Au
Mining - Saprolite US$/t 1.06
Mining - Fresh rock Open Pit US$/t 1.41
Processing US$/t 11.98
G & A US$/t 2.89
Au recovery - Saprolite % 94
Au recovery - Fresh Rock % 94
Selling cost US$ / Oz 13.82
Au Price US$ / Oz 1,400.00
42
Ouro Verde – Block Model Cross Section 300 NW
TSX: BSX
43. 43
Grota Seca – Block Model Cross Section 2575 W
0m
-200m
30m 20m
25m
SSW NNE
MR Open Pit
Block Size: 12.5 X 5.0 X 10.0 m
g/t Au
Mining - Saprolite US$/t 1.06
Mining - Fresh rock Open Pit US$/t 1.41
Processing US$/t 11.98
G & A US$/t 2.89
Au recovery - Saprolite % 94
Au recovery - Fresh Rock % 94
Selling cost US$ / Oz 13.82
Au Price US$ / Oz 1,400.00
TSX: BSX
43
44. 44
Grota Seca – Block Model Cross Section 1875 W
0m
-200m
90m
30m
75m
SSW NNE
MR Open Pit
Block Size: 12.5 X 5.0 X 10.0 m
g/t Au
Mining - Saprolite US$/t 1.06
Mining - Fresh rock Open Pit US$/t 1.41
Processing US$/t 11.98
G & A US$/t 2.89
Au recovery - Saprolite % 94
Au recovery - Fresh Rock % 94
Selling cost US$ / Oz 13.82
Au Price US$ / Oz 1,400.00
TSX: BSX
44
45. 0m
-400m
-200m
190m
60m
130m
SSW NNE
Block Size: 12.5 X 5.0 X 10.0 m
MR Open Pit
g/t Au
Mining - Saprolite US$/t 1.06
Mining - Fresh rock Open Pit US$/t 1.41
Processing US$/t 11.98
G & A US$/t 2.89
Au recovery - Saprolite % 94
Au recovery - Fresh Rock % 94
Selling cost US$ / Oz 13.82
Au Price US$ / Oz 1,400.00
45
Grota Seca – Block Model Cross Section 825 W
TSX: BSX
51. 51TSX: BSX
Appendix
Volta Grande Process Plant Parameters
Annual Processing Rate 3,000,000 t/y
Daily throughput 8,220 t/d
Design feed rate for crusher circuit 457 t/h
Design feed rate for Mill/Leach circuit 376 t/h
Overall Plant recovery avg. 94 %
Primary Jaw Crusher 1 unit
Product P80 150 mm
SAG Mill 30 ft diam. X 15 ft 1 unit
SAG Mill installed power 7,500 kW
Ball Mill 18 ft diam. X 30 ft 1 unit
Ball Mill installed power 4,750 kW
Bond ball mill work index 16 kWh/t
Average Gravity Gold Recovery 45 %
Pre-Leach Thickener 30 M
CIL Circuit 6 stage
CIL Circuit residence time 24 hours
52. Corporate Headquarters
65 Queen Street West
Suite 815, P.O. Box 75
Toronto, Ontario M5H 2M5
The LARGEST developing
GOLD PROJECT in BRAZIL
TSX: BSX
Helia Bento
Investor Relations
416-309-2137
hbento@belosun.com