QMX Gold Corporation owns mining properties in Manitoba and Quebec, Canada. Its flagship project is the Snow Lake gold mine in Manitoba, which has 451,900 ounces of proven and probable reserves. QMX also owns the producing Lac Herbin gold mine in Quebec, with 30,200 ounces of proven and probable reserves. The company aims to ramp up production at both mines while continuing exploration to expand resources. Recent changes to assumptions for the Snow Lake mine feasibility study could increase cash costs to $825 per ounce.
QMX Gold Corporation owns mining properties in Manitoba and Quebec, Canada. Its flagship project is the Snow Lake gold mine in Manitoba, which has a feasibility study outlining average annual production of 83,000 ounces of gold over 5 years at cash costs of US$640/ounce. QMX also owns the producing Lac Herbin gold mine in Quebec with 2012 production guidance of 18,500-20,500 ounces at cash costs of $1,300-1,500 per ounce. QMX has additional exploration properties containing gold and VMS resources near its operating mines.
QMX Gold Corporation operates gold mines in Manitoba and Quebec, Canada. It is focused on growing production at its Snow Lake Mine in Manitoba to over 80,000 ounces annually by restarting mining operations and through exploration. QMX is also working to increase production at its Lac Herbin Mine in Quebec to between 18,500 to 20,500 ounces in 2012. The company recently secured a $10 million bridge loan to fund working capital and retire debt as it works to finalize longer term financing.
The document discusses QMX Gold Corporation's Snow Lake Mine in Manitoba, Canada. The Snow Lake Mine was previously operated from 1995-2005, producing over 800,000 ounces of gold. A 2010 feasibility study outlined plans to restart mining operations with average annual production of 83,000 ounces of gold over a 5 year mine life. The study estimated pre-production capital costs of $39.7 million, average cash costs of $640 per ounce, and an after-tax internal rate of return of over 30%. Resources at the mine include proven and probable reserves of 451,900 ounces of gold along with measured, indicated, and inferred resources totaling over 1.1 million ounces.
QMX Gold Corporation owns the Snow Lake gold mine in Manitoba, Canada. A 2010 feasibility study outlined a 5-year mine plan to produce 83,000 ounces of gold per year at a cash cost of $640/ounce with total proven and probable reserves of 451,900 ounces. The mine was previously operated until 2005 and all necessary infrastructure is in place. Exploration is also underway at other properties in Manitoba and Quebec that have the potential to contain gold and volcanic massive sulfide deposits.
QMX Gold Corporation is a gold mining company with projects in Manitoba and Quebec, Canada. It operates the Snow Lake Mine in Manitoba and the Lac Herbin Mine in Quebec. The company is seeking financing to fund operations and projects. It recently received a $10 million bridge loan and is working on longer term financing for its Snow Lake Project. QMX aims to increase production at both mines through exploration and turnaround plans.
QMX Gold Corporation is a gold mining company with operations in Manitoba and Quebec, Canada. It owns the producing Lac Herbin gold mine in Val-d'Or, Quebec and the past producing Snow Lake gold mine in Manitoba. The presentation provides details on QMX's properties and projects, including feasibility studies, reserves and resources, exploration plans, and production profiles. It also outlines QMX's recent and upcoming financing plans.
QMX Gold Corporation provides a summary of its operations in Manitoba and Quebec, Canada. The company owns the Snow Lake Mine in Manitoba which recently had a feasibility study completed showing potential production of 83,000 ounces of gold per year over a 5 year mine life. QMX also owns the Lac Herbin gold mine in Quebec which produced over 10,000 ounces in 2011 and is forecast to produce between 18,500-20,500 ounces in 2012. The company is also exploring additional projects near its existing mines to expand resources. QMX recently secured a $17.5 million bridge financing to fund its operations.
This document discusses Alexis Minerals Corporation's strategy to grow a balanced gold mining company. It provides details on Alexis' three main mining assets - the Snow Lake Mine in Manitoba, and the Lac Herbin and Lac Pelletier mines in Quebec. It outlines plans to restart and expand production at Snow Lake to over 80,000 ounces annually by focusing on reserves in the Main Mine and No. 3 Zone. Production is also expected to ramp up at Lac Herbin to 18,500-20,500 ounces in 2012. Exploration drilling aims to grow resources around all three mines.
QMX Gold Corporation owns mining properties in Manitoba and Quebec, Canada. Its flagship project is the Snow Lake gold mine in Manitoba, which has a feasibility study outlining average annual production of 83,000 ounces of gold over 5 years at cash costs of US$640/ounce. QMX also owns the producing Lac Herbin gold mine in Quebec with 2012 production guidance of 18,500-20,500 ounces at cash costs of $1,300-1,500 per ounce. QMX has additional exploration properties containing gold and VMS resources near its operating mines.
QMX Gold Corporation operates gold mines in Manitoba and Quebec, Canada. It is focused on growing production at its Snow Lake Mine in Manitoba to over 80,000 ounces annually by restarting mining operations and through exploration. QMX is also working to increase production at its Lac Herbin Mine in Quebec to between 18,500 to 20,500 ounces in 2012. The company recently secured a $10 million bridge loan to fund working capital and retire debt as it works to finalize longer term financing.
The document discusses QMX Gold Corporation's Snow Lake Mine in Manitoba, Canada. The Snow Lake Mine was previously operated from 1995-2005, producing over 800,000 ounces of gold. A 2010 feasibility study outlined plans to restart mining operations with average annual production of 83,000 ounces of gold over a 5 year mine life. The study estimated pre-production capital costs of $39.7 million, average cash costs of $640 per ounce, and an after-tax internal rate of return of over 30%. Resources at the mine include proven and probable reserves of 451,900 ounces of gold along with measured, indicated, and inferred resources totaling over 1.1 million ounces.
QMX Gold Corporation owns the Snow Lake gold mine in Manitoba, Canada. A 2010 feasibility study outlined a 5-year mine plan to produce 83,000 ounces of gold per year at a cash cost of $640/ounce with total proven and probable reserves of 451,900 ounces. The mine was previously operated until 2005 and all necessary infrastructure is in place. Exploration is also underway at other properties in Manitoba and Quebec that have the potential to contain gold and volcanic massive sulfide deposits.
QMX Gold Corporation is a gold mining company with projects in Manitoba and Quebec, Canada. It operates the Snow Lake Mine in Manitoba and the Lac Herbin Mine in Quebec. The company is seeking financing to fund operations and projects. It recently received a $10 million bridge loan and is working on longer term financing for its Snow Lake Project. QMX aims to increase production at both mines through exploration and turnaround plans.
QMX Gold Corporation is a gold mining company with operations in Manitoba and Quebec, Canada. It owns the producing Lac Herbin gold mine in Val-d'Or, Quebec and the past producing Snow Lake gold mine in Manitoba. The presentation provides details on QMX's properties and projects, including feasibility studies, reserves and resources, exploration plans, and production profiles. It also outlines QMX's recent and upcoming financing plans.
QMX Gold Corporation provides a summary of its operations in Manitoba and Quebec, Canada. The company owns the Snow Lake Mine in Manitoba which recently had a feasibility study completed showing potential production of 83,000 ounces of gold per year over a 5 year mine life. QMX also owns the Lac Herbin gold mine in Quebec which produced over 10,000 ounces in 2011 and is forecast to produce between 18,500-20,500 ounces in 2012. The company is also exploring additional projects near its existing mines to expand resources. QMX recently secured a $17.5 million bridge financing to fund its operations.
This document discusses Alexis Minerals Corporation's strategy to grow a balanced gold mining company. It provides details on Alexis' three main mining assets - the Snow Lake Mine in Manitoba, and the Lac Herbin and Lac Pelletier mines in Quebec. It outlines plans to restart and expand production at Snow Lake to over 80,000 ounces annually by focusing on reserves in the Main Mine and No. 3 Zone. Production is also expected to ramp up at Lac Herbin to 18,500-20,500 ounces in 2012. Exploration drilling aims to grow resources around all three mines.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's goal of growing a balanced gold mining company. It provides details on Alexis' three main projects: the Snow Lake Mine in Manitoba, the Lac Herbin Mine in Quebec, and the Lac Pelletier project in Quebec. The document outlines plans to restart mining operations at Snow Lake and increase production at Lac Herbin, as well as exploration efforts to expand resources at all three projects. Reserve and resource estimates are provided for each project, demonstrating the company's aim to increase its mineral holdings.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's Snow Lake gold mine in Manitoba. The mine was recently operated until 2005 and produced over 1.4 million ounces of gold historically. Alexis plans to restart mining operations at Snow Lake based on a feasibility study. The study outlines 5 years of production of 83,000 ounces of gold annually at cash costs below $650 per ounce. Reserves are estimated to contain over 450,000 ounces with additional resources identified. Alexis aims to rebuild the Snow Lake mine and resume gold production.
QMX Gold Corporation owns the Snow Lake Mine and Lac Herbin Mine gold properties in Manitoba and Quebec, Canada. A 2010 feasibility study outlined plans to restart production at Snow Lake Mine based on proven and probable reserves of 451,900 ounces of gold over a 5-year mine life. A recent internal review identified potential changes to the feasibility study assumptions that could increase cash costs to US$825 per ounce from the original estimate of US$640 per ounce.
QMX Gold Corporation owns the Snow Lake gold mine and Lac Herbin gold mine. A feasibility study for the Snow Lake mine outlined an after-tax IRR of 79% and payback period of 1.7 years producing an average of 83,000 ounces of gold per year over a 5 year mine life. QMX also announced a planned $45 million debt facility to finance the Snow Lake project with an interest rate of LIBOR + 5.5% before commercial production. Mineral reserves for Snow Lake are estimated at 451,900 ounces of gold and resources are estimated at 728,000 ounces measured and indicated and 336,700 ounces inferred.
- QMX Gold Corporation owns the Snow Lake Mine gold production and exploration property located in Manitoba's Snow Lake mining district.
- A 2010 feasibility study outlined average annual gold production of 83,000 ounces over a 5-year mine life at cash costs of US$640/ounce.
- A recent internal review identified potential changes that could increase cash costs to US$825/ounce, including expanding the man-camp and operating equipment via leases rather than purchases.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's Snow Lake Mine in Manitoba. The mine was recently operated until 2005 and produced over 1.4 million ounces of gold historically. It contains proven infrastructure and permits. A 2010 feasibility study outlined an average annual production of 83,000 ounces of gold over a 5 year mine life with low cash costs and strong economics. The mine hosts 451,900 ounces of proven and probable reserves along with over 1 billion ounces of measured, indicated, and inferred resources.
Rainy River Resources Ltd. Corporate Presentation - April 2013RainyRiver
Rainy River Resources presented information on its Rainy River Gold Project including:
1) The project has 4 million ounces of reserves and an intermediate production profile with low cash costs.
2) A feasibility study showed strong economics including a 23.7% IRR and $931 million NPV.
3) The project has exploration upside and is in a mining-friendly jurisdiction in Ontario, Canada.
Rainy River Resources Ltd. Analyst Day - April 2013RainyRiver
The feasibility study summarizes the key parameters for the proposed Rainy River Gold Project, including:
- Open pit and underground reserves totaling 4.0 million ounces of gold.
- Average annual production of 326,000 ounces of gold and 494,000 ounces of silver over the first 10 years.
- Initial capital costs of C$713 million and cash costs of US$468 per ounce of gold over the first 10 years.
- A 16-year mine life utilizing both open pit and underground mining.
Rainy River Resources Ltd. Corporate Presentation - October 2012RainyRiver
The document discusses a preliminary economic assessment (PEA) conducted by Rainy River Resources Ltd. for its Rainy River gold project in Ontario, Canada. The PEA evaluated various development options and selected an initial 20,000 tonne per day open pit mine with potential for expansion. The selected option has the highest grade, lowest risk and costs, and could produce over 300,000 ounces of gold annually for the first 10 years of mine life. Compared to a previous PEA, the new assessment shows improved economics including higher head grades, lower costs, and increased net present value and internal rate of return.
1) Lake Shore Gold produced 18,833 ounces of gold in Q3 and is on track to meet its 2011 target of 85,000 ounces.
2) Cost performance was strong in Q3 with cash costs of $94 per tonne or $884 per ounce.
3) The company continues to advance five deposits that could each contain over one million ounces of gold: Timmins, Thunder Creek, Bell Creek, Thorne, and Fenn-Gib.
4) Lake Shore Gold expects to significantly grow its resource base by the end of 2011 with initial resource estimates from Thunder Creek and Fenn-Gib.
Alamos Gold Inc. is a gold mining company focused on organic growth and low-cost production. It currently operates the Mulatos gold mine in Mexico, which has seen record production and financial performance in recent years. The company aims to double its gold production to over 300,000 ounces per year by 2012 through continued improvements at Mulatos, including processing high-grade ore through a new mill. Alamos also plans to grow its reserves and resources through ongoing exploration drilling at Mulatos and advancing new projects in its pipeline towards production.
Crocodile Gold Corporate Presentation August 15, 2011Crocodile Gold
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. The company's production is expanding throughout 2021 from open pit mines and the new Cosmo underground mine. Cosmo is expected to contribute 50% of ounces at full production and provide higher grade mill feed. Exploration is also focusing on targets near existing mills that have the potential for near term, low cost production such as at Union Reefs. Crocodile Gold's infrastructure and multiple deposits provide leverage to increasing production and decreasing costs over 2021.
Lake Shore Gold provided an operational and financial update for Q4 and full year 2011. Key highlights included doubling gold production to 86,565 ounces and doubling resources for a second consecutive year. The company is focused on ramping up mining and milling capacity to 3,000 tonnes per day by late 2012 through development work at Timmins West Mine and Bell Creek. Guidance for 2012 is 85,000 to 100,000 ounces of gold production.
Rainy River Resources Ltd. Corporate Presentation - May 2012RainyRiver
The document summarizes Rainy River Resources' Rainy River gold project in northwest Ontario. It highlights that a preliminary economic assessment estimates annual gold production of 329,000 ounces over a 13-year mine life. It also notes that exploration success has increased measured and indicated resources by 30% to over 5.6 million ounces of gold. The management team is experienced in mine development and project financing.
The presentation summarizes Sage Gold's plans to develop the near-term production potential of its Clavos gold deposit in Timmins, Ontario through 2023. Key points include:
1) Sage Gold aims to begin initial production at Clavos in 2013 to generate cash flow, utilizing existing infrastructure from a partnership with St. Andrew Goldfields.
2) A new NI 43-101 resource estimate and preliminary economic assessment is planned for Q4 2012 to advance the project.
3) The deposit remains open along strike and at depth, representing potential to significantly increase resources through further drilling.
4) Strategic partnerships provide low-cost access to mining and milling facilities near the project.
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. The company is focused on expanding production through open pit mining at existing operations and developing its underground Cosmo deposit. Crocodile Gold provided production guidance of 85,000 to 100,000 ounces for 2011 and highlighted several catalysts for growth during the year, including initial production from Cosmo in the third quarter and potential production from Pine Creek upon permit approval. The company also discussed its exploration potential from both brownfield and greenfield targets throughout its land package.
- Production of 15,073 ounces of gold in Q3 2012. The L62 Zone has been accessed on three levels and production from this zone is scheduled for Q4 2012.
- Occupancy of the newly upgraded Seabee camp facilities occurred in Q3. Exploration at Santoy Gap extended the mineralized system.
- Claude recorded a net profit of $3.0 million in Q3 2012, with cash flow from operations of $8.6 million. Gold sales were 14,088 ounces at an average price of $1,663 per ounce.
- The outlook is to continue increasing production and reducing costs at Seabee, sustain reserves through exploration, and advance the Madsen and Am
Torex Gold is developing the Morelos Gold Project in Mexico. The feasibility study shows it will be a robust project producing an average of 375,000 ounces of gold per year over its mine life of 10.5 years. Torex is focusing exploration efforts on expanding resources at the nearby Media Luna Area, which has returned promising drill results indicating potential to increase the project's mine life and annual production. The project has strong economics even at lower gold prices, but Torex will need to manage risks such as permitting, financing, and construction to bring the mine into production as planned in 2015.
Torex Gold is developing the Morelos Gold Project in Mexico. The company has completed a feasibility study showing robust economics for an initial open pit mine with annual production of 375,000 ounces of gold on average. Exploration is ongoing to expand resources at the project, with a new discovery south of the river showing potential to provide additional mineralization. Torex has the management experience to execute project construction and overcome any risks through careful planning and risk mitigation.
Lake Shore Gold Corp reported strong second quarter 2012 results, including gold production of 24,426 ounces at cash costs of $849 per ounce. They have funded their development plans through the end of 2012 with $140.8 million in sources of cash, including operating cash flow of an estimated $37.5 million in the second half of 2012. Lake Shore Gold executed effectively in the first half of 2012, meeting or exceeding production targets and advancing their development program on schedule.
Presentation given by Tommaso Venturini, professeur at Sciences Po Paris and research coordinator of the médialab Sciences Po. During a workshop being held in Paris with the researchers of open university.
An overview of the key findings from the 2011 Portfolio, along with recommendations presented by Cultural Alliance President Tom Kaiden at the Cultural Alliance 2011 Annual Meeting. Visit the main Portfolio page for a full transcript of Mr. Kaiden’s speech. http://www.philaculture.org/research/2011-portfolio
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's goal of growing a balanced gold mining company. It provides details on Alexis' three main projects: the Snow Lake Mine in Manitoba, the Lac Herbin Mine in Quebec, and the Lac Pelletier project in Quebec. The document outlines plans to restart mining operations at Snow Lake and increase production at Lac Herbin, as well as exploration efforts to expand resources at all three projects. Reserve and resource estimates are provided for each project, demonstrating the company's aim to increase its mineral holdings.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's Snow Lake gold mine in Manitoba. The mine was recently operated until 2005 and produced over 1.4 million ounces of gold historically. Alexis plans to restart mining operations at Snow Lake based on a feasibility study. The study outlines 5 years of production of 83,000 ounces of gold annually at cash costs below $650 per ounce. Reserves are estimated to contain over 450,000 ounces with additional resources identified. Alexis aims to rebuild the Snow Lake mine and resume gold production.
QMX Gold Corporation owns the Snow Lake Mine and Lac Herbin Mine gold properties in Manitoba and Quebec, Canada. A 2010 feasibility study outlined plans to restart production at Snow Lake Mine based on proven and probable reserves of 451,900 ounces of gold over a 5-year mine life. A recent internal review identified potential changes to the feasibility study assumptions that could increase cash costs to US$825 per ounce from the original estimate of US$640 per ounce.
QMX Gold Corporation owns the Snow Lake gold mine and Lac Herbin gold mine. A feasibility study for the Snow Lake mine outlined an after-tax IRR of 79% and payback period of 1.7 years producing an average of 83,000 ounces of gold per year over a 5 year mine life. QMX also announced a planned $45 million debt facility to finance the Snow Lake project with an interest rate of LIBOR + 5.5% before commercial production. Mineral reserves for Snow Lake are estimated at 451,900 ounces of gold and resources are estimated at 728,000 ounces measured and indicated and 336,700 ounces inferred.
- QMX Gold Corporation owns the Snow Lake Mine gold production and exploration property located in Manitoba's Snow Lake mining district.
- A 2010 feasibility study outlined average annual gold production of 83,000 ounces over a 5-year mine life at cash costs of US$640/ounce.
- A recent internal review identified potential changes that could increase cash costs to US$825/ounce, including expanding the man-camp and operating equipment via leases rather than purchases.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's Snow Lake Mine in Manitoba. The mine was recently operated until 2005 and produced over 1.4 million ounces of gold historically. It contains proven infrastructure and permits. A 2010 feasibility study outlined an average annual production of 83,000 ounces of gold over a 5 year mine life with low cash costs and strong economics. The mine hosts 451,900 ounces of proven and probable reserves along with over 1 billion ounces of measured, indicated, and inferred resources.
Rainy River Resources Ltd. Corporate Presentation - April 2013RainyRiver
Rainy River Resources presented information on its Rainy River Gold Project including:
1) The project has 4 million ounces of reserves and an intermediate production profile with low cash costs.
2) A feasibility study showed strong economics including a 23.7% IRR and $931 million NPV.
3) The project has exploration upside and is in a mining-friendly jurisdiction in Ontario, Canada.
Rainy River Resources Ltd. Analyst Day - April 2013RainyRiver
The feasibility study summarizes the key parameters for the proposed Rainy River Gold Project, including:
- Open pit and underground reserves totaling 4.0 million ounces of gold.
- Average annual production of 326,000 ounces of gold and 494,000 ounces of silver over the first 10 years.
- Initial capital costs of C$713 million and cash costs of US$468 per ounce of gold over the first 10 years.
- A 16-year mine life utilizing both open pit and underground mining.
Rainy River Resources Ltd. Corporate Presentation - October 2012RainyRiver
The document discusses a preliminary economic assessment (PEA) conducted by Rainy River Resources Ltd. for its Rainy River gold project in Ontario, Canada. The PEA evaluated various development options and selected an initial 20,000 tonne per day open pit mine with potential for expansion. The selected option has the highest grade, lowest risk and costs, and could produce over 300,000 ounces of gold annually for the first 10 years of mine life. Compared to a previous PEA, the new assessment shows improved economics including higher head grades, lower costs, and increased net present value and internal rate of return.
1) Lake Shore Gold produced 18,833 ounces of gold in Q3 and is on track to meet its 2011 target of 85,000 ounces.
2) Cost performance was strong in Q3 with cash costs of $94 per tonne or $884 per ounce.
3) The company continues to advance five deposits that could each contain over one million ounces of gold: Timmins, Thunder Creek, Bell Creek, Thorne, and Fenn-Gib.
4) Lake Shore Gold expects to significantly grow its resource base by the end of 2011 with initial resource estimates from Thunder Creek and Fenn-Gib.
Alamos Gold Inc. is a gold mining company focused on organic growth and low-cost production. It currently operates the Mulatos gold mine in Mexico, which has seen record production and financial performance in recent years. The company aims to double its gold production to over 300,000 ounces per year by 2012 through continued improvements at Mulatos, including processing high-grade ore through a new mill. Alamos also plans to grow its reserves and resources through ongoing exploration drilling at Mulatos and advancing new projects in its pipeline towards production.
Crocodile Gold Corporate Presentation August 15, 2011Crocodile Gold
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. The company's production is expanding throughout 2021 from open pit mines and the new Cosmo underground mine. Cosmo is expected to contribute 50% of ounces at full production and provide higher grade mill feed. Exploration is also focusing on targets near existing mills that have the potential for near term, low cost production such as at Union Reefs. Crocodile Gold's infrastructure and multiple deposits provide leverage to increasing production and decreasing costs over 2021.
Lake Shore Gold provided an operational and financial update for Q4 and full year 2011. Key highlights included doubling gold production to 86,565 ounces and doubling resources for a second consecutive year. The company is focused on ramping up mining and milling capacity to 3,000 tonnes per day by late 2012 through development work at Timmins West Mine and Bell Creek. Guidance for 2012 is 85,000 to 100,000 ounces of gold production.
Rainy River Resources Ltd. Corporate Presentation - May 2012RainyRiver
The document summarizes Rainy River Resources' Rainy River gold project in northwest Ontario. It highlights that a preliminary economic assessment estimates annual gold production of 329,000 ounces over a 13-year mine life. It also notes that exploration success has increased measured and indicated resources by 30% to over 5.6 million ounces of gold. The management team is experienced in mine development and project financing.
The presentation summarizes Sage Gold's plans to develop the near-term production potential of its Clavos gold deposit in Timmins, Ontario through 2023. Key points include:
1) Sage Gold aims to begin initial production at Clavos in 2013 to generate cash flow, utilizing existing infrastructure from a partnership with St. Andrew Goldfields.
2) A new NI 43-101 resource estimate and preliminary economic assessment is planned for Q4 2012 to advance the project.
3) The deposit remains open along strike and at depth, representing potential to significantly increase resources through further drilling.
4) Strategic partnerships provide low-cost access to mining and milling facilities near the project.
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. The company is focused on expanding production through open pit mining at existing operations and developing its underground Cosmo deposit. Crocodile Gold provided production guidance of 85,000 to 100,000 ounces for 2011 and highlighted several catalysts for growth during the year, including initial production from Cosmo in the third quarter and potential production from Pine Creek upon permit approval. The company also discussed its exploration potential from both brownfield and greenfield targets throughout its land package.
- Production of 15,073 ounces of gold in Q3 2012. The L62 Zone has been accessed on three levels and production from this zone is scheduled for Q4 2012.
- Occupancy of the newly upgraded Seabee camp facilities occurred in Q3. Exploration at Santoy Gap extended the mineralized system.
- Claude recorded a net profit of $3.0 million in Q3 2012, with cash flow from operations of $8.6 million. Gold sales were 14,088 ounces at an average price of $1,663 per ounce.
- The outlook is to continue increasing production and reducing costs at Seabee, sustain reserves through exploration, and advance the Madsen and Am
Torex Gold is developing the Morelos Gold Project in Mexico. The feasibility study shows it will be a robust project producing an average of 375,000 ounces of gold per year over its mine life of 10.5 years. Torex is focusing exploration efforts on expanding resources at the nearby Media Luna Area, which has returned promising drill results indicating potential to increase the project's mine life and annual production. The project has strong economics even at lower gold prices, but Torex will need to manage risks such as permitting, financing, and construction to bring the mine into production as planned in 2015.
Torex Gold is developing the Morelos Gold Project in Mexico. The company has completed a feasibility study showing robust economics for an initial open pit mine with annual production of 375,000 ounces of gold on average. Exploration is ongoing to expand resources at the project, with a new discovery south of the river showing potential to provide additional mineralization. Torex has the management experience to execute project construction and overcome any risks through careful planning and risk mitigation.
Lake Shore Gold Corp reported strong second quarter 2012 results, including gold production of 24,426 ounces at cash costs of $849 per ounce. They have funded their development plans through the end of 2012 with $140.8 million in sources of cash, including operating cash flow of an estimated $37.5 million in the second half of 2012. Lake Shore Gold executed effectively in the first half of 2012, meeting or exceeding production targets and advancing their development program on schedule.
Presentation given by Tommaso Venturini, professeur at Sciences Po Paris and research coordinator of the médialab Sciences Po. During a workshop being held in Paris with the researchers of open university.
An overview of the key findings from the 2011 Portfolio, along with recommendations presented by Cultural Alliance President Tom Kaiden at the Cultural Alliance 2011 Annual Meeting. Visit the main Portfolio page for a full transcript of Mr. Kaiden’s speech. http://www.philaculture.org/research/2011-portfolio
Latest Report: Coal Mining Industry in Australia to 2020David2591
The report provides historical and forecast data on Australia's coal mining industry through 2020. Australia is one of the world's largest coal producers and exporters, with production projected to reach 635.9Mt by 2020, driven by capacity expansions and new projects. New South Wales and Queensland dominate black coal production. The country has abundant coal reserves of around 76.4Bt, representing 9% of global proven reserves. The report covers production, prices, reserves, consumption, trade, and the fiscal regime governing the industry.
El documento define varios términos clave relacionados con la tecnología y su uso en contextos educativos. Explica brevemente el sistema operativo, disco duro, escritorio, netiqueta, carpeta, hardware, software, habilidades para el siglo XXI, rutinas de pensamiento y archivo, y proporciona enlaces a fuentes adicionales para cada término.
This talk introduces the features of MongoDB by demonstrating how one can build a simple library application. The talk will cover the basics of MongoDB's document model, query language, and API.
This document is a dictionary of human resources terms contributed by Salman Hafeez. It defines key terms related to human resource management over multiple chapters. The terms defined include those related to strategic HR, job analysis, recruitment, selection, training, performance management, compensation, and other HR functions. The document provides concise definitions for specialized HR terminology to serve as a reference for HR concepts.
presentazione usata dal Luca Toschi il 5 dicembre 2014, nel suo intervento al convegno "The European Pilgrimage Routes for Promoting Sustainable and Quality Tourism in Rural Areas"
Jon Payne lobbies for an increased focus on conversion when prioritizing keywords in your SEO campaign. Also provides a background on the history of evaluating SEO efforts. Presented at Search Exchange 2011 in Charlotte, NC.
Building links with content even when you're cluelessJon Payne
A few tips on how to leverage content marketing to build links for clients when you aren't a Subject Matter Expert (SME) in their field and they can't offer you much assistance.
The document describes a study on program exploration conducted by Z ́phyrin Soh et al. It introduces program exploration and how developers' navigation between program entities can be represented as exploration graphs. It then presents two extreme exploration strategies: referenced exploration, where developers revisit a set of referenced entities, and unreferenced exploration. A user study is conducted to investigate which strategy developers follow during maintenance tasks. Developer exploration histories from four Eclipse projects are collected and randomly sampled to build an oracle to classify instances as referenced or unreferenced exploration. The goal is to understand how differences in exploration strategies may affect maintenance tasks.
XPLODIV: An Exploitation-Exploration Aware Diversification Approach for Recom...Andrea Barraza-Urbina
Recommender Systems (RS) have emerged to guide users in the task of efficiently browsing/exploring a large product space, helping users to quickly identify interesting products. However, suggestions generated with traditional RS usually do not produce diverse results though it has been argued that diversity is a desirable feature. The study of diversity-aware RS has become an important research challenge in recent years, drawing inspiration from diversification solutions for Information Retrieval (IR). However, we argue it is not enough to adapt IR techniques to RS as they do not place the necessary importance to factors such as serendipity, novelty and discovery which are imperative to RS. In this work, we propose a diversification technique for RS that generates a diversified list of results which not only balances the tradeoff between quality (in terms of accuracy) and diversity, but also considers the trade-off between exploitation of the user profile and exploration of novel products. Our experimental evaluation shows that the proposed approach has comparable results to state of the art approaches. Moreover, through control parameters, our approach can be tuned towards more explorative or exploitative recommendations.
The document discusses augmented reality and how it can be used to enhance social networks. It notes that augmented reality overlays digital information and symbols onto the real world. The document suggests that augmented reality could allow users to share additional virtual layers of information with friends in physical spaces using social networks. It asks if augmented reality may change how we interact and communicate in the future.
QMX Gold Corporation is a gold mining company with operations in Manitoba and Quebec, Canada. It owns the producing Lac Herbin gold mine in Val-d'Or, Quebec and the past producing Snow Lake gold mine in Manitoba. The presentation provides details on QMX's properties and projects, including a feasibility study outlining a 5-year mine plan to restart the Snow Lake mine with an average annual production of 83,000 ounces of gold and an internal rate of return of over 30%. It also discusses QMX's plans to finance the $45 million Snow Lake project restart through debt facilities.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's plans to grow its gold mining operations in a balanced way. It owns the Snow Lake Mine in Manitoba, which recently had an updated feasibility study showing potential average annual production of 83,000 ounces of gold over a 5 year mine life at cash costs of $640/ounce. It also owns other gold and base metals exploration properties in Quebec. The document provides details on Alexis' existing mining infrastructure at Snow Lake and the positive economics demonstrated in the feasibility study, outlining its path to restarting production.
Third Quater 10 November 2011 Conferance CallLake Shore Gold
1) Lake Shore Gold produced 18,833 ounces of gold in Q3 and is on track to meet its 2011 target of 85,000 ounces.
2) Cost performance was strong in Q3 with cash costs of $94 per tonne or $884 per ounce.
3) The company continues to advance five deposits that could each contain over one million ounces of gold: Timmins, Thunder Creek, Bell Creek, Thorne, and Fenn-Gib.
4) Lake Shore Gold expects to significantly grow its resource base by the end of 2011 with initial resource estimates from Thunder Creek and Fenn-Gib.
The document describes the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It outlines a proposed multi-phase open pit mine development plan to extract 5.4 million ounces of gold equivalent from an average grade of 1.08 g/t over a 13-year mine life. The plan includes establishing the necessary infrastructure and permitting to bring the project into production by 2015. Exploration will continue to expand resources along strike and at satellite targets on the concession.
The document discusses the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It notes that the project contains an estimated 9.8 million ounces of gold equivalent in measured and indicated resources. Infrastructure at the site includes a 225 km road to tidewater, a 2500 foot airstrip, a 120 person camp, 40 km of exploration roads, and a 300 KVa generator. Drilling and exploration continue to expand resources and identify new targets at the site.
Crocodile Gold Corporate Presentation September 2011 Crocodile Gold
Crocodile Gold is an Australian gold mining company that is seeking to accelerate its growth and exploration. It has over 3 million ounces of gold reserves across its 3,300 square kilometer land package. The company plans to increase production to over 500,000 ounces per year through expanding its existing mines and developing new projects. Key goals include replacing reserves, increasing resources, and making new discoveries through its $10-12 million annual exploration budget.
Primero Mining Corporation is focused on production and growth. At its San Dimas gold-silver mine in Mexico, the company aims to maximize throughput, control costs, optimize grade, and accelerate mine development. Its goal is to expand San Dimas production to approximately 200,000 gold equivalent ounces annually and become an intermediate gold producer. Primero will pursue this objective through organic growth at San Dimas and expansion through acquisitions in the Americas.
VMS Ventures has discovered high-grade copper deposits in Manitoba, Canada through exploration of its land package in the prolific Flin Flon-Snow Lake Greenstone Belt. The company's flagship Reed Copper deposit contains over 2 million tonnes of 3.83% copper and is moving towards production through a joint venture with Hudbay Minerals, with VMS carrying 30% interest to production. VMS also holds additional exploration properties in the region through option agreements with Hudbay. The high-grade nature of the Reed deposit provides strong leverage for the project's economics at current copper prices.
Primero Mining Corporation held a presentation at the Precious Metals Summit in Geneva in April 2012 focused on production growth and exploration at its San Dimas gold-silver mine in Mexico. The presentation highlighted that Primero is a long-life, high-grade gold-silver producer generating significant cash flow, with exploration upside and expansion potential at San Dimas. It also emphasized the company's balanced capital structure and modest market capitalization.
National Bank Financial London Gold Conference Corporate PresentationDetourGold
- Detour Gold Corporation aims to become Canada's next intermediate gold producer through its Detour Lake Project in Ontario.
- Detour Lake is an open pit mine with proven and probable reserves of 15.6 million ounces of gold and an estimated mine life of over 20 years. Commercial production is expected to begin in Q1 2013.
- The presentation provides details on Detour Gold's vision, share structure, project timeline and achievements, operating costs, production plan, and opportunities for organic growth through exploration of additional targets on its large land package near Detour Lake.
Detour Gold Corporation is Canada's next intermediate gold producer. It owns the Detour Lake open pit mine in northern Ontario, which began gold processing in January 2013. Detour Lake has 15.6 million ounces of gold reserves and is expected to have an average annual production of 657,000 ounces over its 21.5 year mine life. Detour Gold plans to focus on organic growth by exploring its large land position around Detour Lake to expand resources and reserves.
Kula Gold is developing the Woodlark Island Gold Project in Papua New Guinea. A feasibility study has confirmed the project is economically viable, with a reserve base of 766,000 ounces of gold. The project has potential for further resource growth. Kula Gold is now pursuing permits and financing to begin construction in 2013 with first production targeted for 2015.
Primero Mining Corporation provided a corporate update in May 2012 with the following key points:
1) The company is focused on increasing production and reducing costs at its San Dimas gold-silver mine in Mexico while also pursuing growth through exploration and acquisitions.
2) Exploration drilling at San Dimas has led to a new discovery in the Sinaloa Graben area that validates the district's exploration potential from existing mining blocks.
3) The company has a strong balance sheet with $86 million in cash and a conservative level of debt that will be reduced through scheduled repayments over the next few years.
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. The company's production is expanding throughout 2021 from open pit mines and the new Cosmo underground mine. Cosmo is expected to contribute 50% of ounces at full production and provide higher grade mill feed. Exploration is also focusing on targets near existing mills that have the potential for near term, low cost production such as at Union Reefs.
Crocodile Gold: Up and Coming Australian Gold ProducerCrocodile Gold
Crocodile Gold is an Australian gold producer that began trading on the TSX in 2009. In 2010, it achieved its first full quarter of commercial gold production and net earnings of $2.4 million. Key milestones in 2011 include reaching production at the Cosmo underground mine and Pine Creek open pit mine. Crocodile Gold has over 2,500 square kilometers of exploration ground and an expanding production profile with decreasing cash costs.
Crk marketing pres european gold forum 2011Crocodile Gold
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. In 2011, the company expects to increase production to between 85,000 and 100,000 ounces of gold from multiple open pit and underground mines. Key catalysts for production growth include the expected start of mining at the high grade Cosmo underground mine in mid-2011 and the potential start of production at the Pine Creek open pit mine later in 2011. This production growth is expected to lower the company's cash costs per ounce throughout the year.
Held after the markets close in Sydney and over lunch in Melbourne listen to presentations by ASX listed companies followed by complimentary networking drinks. These events provide attendees with one of Australia's best opportunities to network with high-level representatives from both the resources industry, and the finance and investment communities. www.symposium.net.au
Similar to November 2012 Corporate Presentation (17)
2. Disclaimers
FORWARD-LOOKING INFORMATION:
This presentation contains certain “forward-looking information” under applicable securities laws concerning the business, operations and financial performance and condition of QMX Gold Corporation.
Forward-looking information includes, but is not limited to, statements with respect to estimated production and mine life of the various mineral projects of QMX Gold Corporation; the benefits and the
development potential of the properties of QMX Gold Corporation; the future price of gold; the estimation of mineral reserves and resources; the realization of mineral reserve estimates; the timing and
amount of estimated future production; costs of production; success of exploration activities; and currency exchange rate fluctuations. Forward-looking information may be characterized by words such as
“plan,” “expect,” “project,” “intend,” “believe,” “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information is based
on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward-looking information. Assumptions upon which such forward-looking information is based on the successful
completion of new development projects, planned expansions or other projects within the timelines anticipated and at anticipated production levels; the accuracy of mineral reserve and resource
estimates, grades, mine life and cash cost estimates; whether mineral resources can be developed; title to mineral properties; financing requirements; and general economic conditions. Many of these
assumptions are based on factors and events that are not within the control of QMX Gold and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially
from results anticipated by such forward-looking information includes changes in market conditions, variations in ore grade or recovery rates, fluctuating metal prices and currency exchange rates, changes
in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate
as anticipated, the business of the companies not being integrated successfully or such integration proving more difficult, time consuming or costly than expected as well as those risk factors discussed or
referred to in the annual Management’s Discussion and Analysis and Annual Information Form for QMX Gold Corporation filed with the securities regulatory authorities in Canada and available at under the
corporations profile on SEDAR at www.sedar.com. Although QMX Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described
in forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information
will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. QMX Gold undertakes no obligation to update forward-looking information if
circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.
Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking information to the extent they involve estimates of the mineralization that will be
encountered if the property is developed. Comparative market information is as of a date prior to the date of this presentation.
IMPORTANT NOTICE:
This presentation does not constitute an offer to buy or an invitation to sell, any of the securities of QMX Gold Corporation. Such an offer may only be made pursuant to a registration statement and
prospectus filed with the U.S. Securities and Exchange Commission and an offer to purchase and circular filed with Canadian securities regulatory authorities.
CAUTIONARY NOTE TO U.S. INVESTORS CONCERNING ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES:
This presentation uses the terms “Measured, “Indicated” and “Inferred” Resources. U.S. investors are advised that while such terms are recognized and required by Canadian regulations, the Securities and
Exchange Commission does not recognize them. “Inferred Resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be
assumed that all or any part of an inferred resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility or other economic
studies. U.S. investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.
NATIONAL INSTRUMENT 43-101:
David Rigg, the Chairman of the Company and a Qualified Person under NI 43-101, has supervised the preparation of and approved the scientific and technical information in this presentation. This
presentation contains information relating to a feasibility study that includes Inferred mineral resources which are considered too speculative geologically to have economic considerations applied to them
that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary assessment will be realized.
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 2
3. MANITOBA
Snow Lake Mine
Exploration:
Snow Lake Camp
- Gold
Snow Lake Mining Camp
Rouyn-Noranda & QUEBEC
Val-d’Or Mining Camps
Lac Herbin Mine
Lac Pelletier Project
Winnipeg
Exploration:
Toronto Val d’Or Camp
Corporate Office
- Gold & VMS
Rouyn-Noranda Camp
- Gold & VMS
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 3
4. Snow Lake Mine – Growth
Recently operated by Kinross/High River Gold from
1995-2005, producing 822,550 ounces gold
Total historic production of 1.44 M ounces gold
from Main Mine, No. 3 Zone, and Birch deposits
— Mined: 12.1 M tons @ 4.67 g/t Au
All surface installations in place
— Mine rebuilt in 1995 under TVX-High River JV
— Crushing, milling and mine infrastructure in
excellent condition
Permitting and environmental licenses maintained
Existing access to ore zone in Main Mine plus ramp
access to ore zone in #3 Zone
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 4
5. Snow Lake Mine – Feasibility
Feasibility Study of Main Mine & #3 Zone – October 2010
Pre-Production Capital Expenditures $40.8 million
Sustaining Capital Cost $36.1 million
Payback Period 1.7 years
Recoveries 93.3 %
Average Annual Production 83,000 oz.Au
Mine Life 5 years
Cash Cost (LOM) US$ 640/oz.Au
Cash Cost (LOM) CDN$ 81.41/ tonne
Accumulated Cash Flow (Pre Tax) $140.7 million ¹
Reserves / Resources:
Proven and Probable Reserve (4.04 g/t) 451,900 oz.Au
Measured and Indicated Resources (4.14 g/t) ² 728,000 oz.Au
Inferred Resources (4.43 g/t) ² 336,700 oz.Au
¹ Bloomberg average consensus modelled gold price deck of 2011 – $1,277, 2012 – $1,303, 2013 – $1,276, 2014 onwards – $1,051;
¹ Canadian/US foreign exchange at 2011 – 1.04, 2012 at 1.04, 2013 at 1.04 and 1.06 onwards.
² Cut off grade of 1.95 g/t
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 5
6. Snow Lake Mine – Feasibility
Recent internal review identified potential alternatives to the original
estimates set forth in the Snow Lake Mine Feasibility Study
Key potential changes include:
Enlarging the man-camp from a 50-person camp to a 100-person camp
to reflect the potential need to recruit additional workers from outside
the local area
Operating leases for equipment throughout life of mine vs. purchase
after reaching commercial production
Impact expected to increase cash costs to US$825/oz
(additional US$185/oz of cash costs or US$75mm over life of mine)
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 6
8. Snow Lake Mine – Schedule
Main Mine Boundary Zone Kim Zone No.3 Zone
1 1
2
2
3
1780L
Snow Lake
Production Begins
4
Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
3 Zone Dewatering + Reconditioning
3 Zone Pre-Production from ramp
1 Commercial Production
3 Zone Production from ramp 2
2,000 TPD in Q7
Shaft & Mine Reconditioning
Main Mine Pre-Production
Main Mine Production 1 2 3 4
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 8
9. Snow Lake Mine - Exploration
Birch Zone No. 3 Zone
Location and
Snow Lake Mine
Geology
Mining Camp
with 16 known
#3 Zone
mineral deposits
Kim Zone
Boundary Zone
East Zone
Caper Zone Snow Lake
Snow Lake Mine
Lalor
Bounter Zone
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 9
10. Snow Lake Mine - Exploration
Upper Main Mine Area
2011 exploration identified additional extensions to mining areas on the upper mine levels
Exploration effort increased our confidence in the mineralized structures within the zone and around the mine area
Additional areas of potential will be delineated when they can be accessed from the underground
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 10
11. Lac Herbin – Production
Lac Herbin Average Cash Cost
LAC HERBIN—Turnaround and Beyond
$3,000.00 Turnaround
$2,500.00 Commences
2011
$2,000.00
Review of Mineral Resources
$1,500.00 $1,500
Review of life of mine plan (and reserve) $1,300
$1,000.00
Increasing mine exploration to bolster current 2012 Cash Cost
$500.00 Guidance
outlook
$-
Launched turnaround plan in June, intensive Q1 Q2 Q3 Q4 Q1 Q2 Q3
development to give production flexibility
2011 2012
Recruitment Phase—hiring skilled miners over the
third quarter
Production of 10,197 oz in 2011, with 3,724 in Q4 Lac Herbin Production
10,000.00
9,000.00
8,000.00
2012 Quarterly
Ounces Recovered
2012 7,000.00 Production Goal
Mineral Resource update part of year end exercises 6,000.00
5,000.00
Production guidance 18,500 oz to 20,500 oz 4,000.00
3,000.00
Cost guidance of $1,300 - $1,500 per oz 2,000.00
1,000.00
Continue to replace and grow resources 0.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2009 2010 2011 2012
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 11
12. Mineral Reserves and Resources
Mineral Reserves
LAC HERBIN(1) SNOW LAKE(2)
(Cut-off 5.0 g/t ) (Cut-off 1.95 g/t )
Tonnes g /t Oz Au Tonnes g /t Oz Au
Proven 43,000 7.45 (3)
10,300 7,000 3.81 900
Probable 96,000 6.45 19,900 3,470,000 4.04 451,000
TOTAL 138,000 6.81 30,200 3,477,000 3.9 451,900
*Mineral reserves are also included in Mineral resource values
(1) 43-101 Technical Report on Mineral Reserve Estimate at the Lac Herbin Mine, April 18, 2011 prepared by Austin Hitchins, B.Sc., P. Geo., Audrey Lapointe, B.Sc., P. Geo.
and Patrick Sévigny, Ing.,
(2) Snow Lake Mine Re-activation Project Technical Report NI 43-101 , December 10. 2010 prepared by Mr. Andre Roy Eng.
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 12
13. Mineral Reserves and Resources
Mineral Resources
LAC HERBIN(1) SNOW LAKE(2)
Tonnes g /t Oz Au Tonnes g/t Oz Au
MEASURED 67,000 9.2 19,900 7,000 4.76 1,000
INDICATED 117,600 7.6 28,800 5,464,000 4.14 727,000
INFERRED 283,500 7.4 67,300 2,367,000 4.43 336,700
*Mineral Reserves are also included in Resource values
(1) 43-101 Technical Report on Mineral Reserve Estimate at the Lac Herbin Mine, April 18, 2011 prepared by Austin Hitchins, B.Sc., P. Geo., Audrey Lapointe, B.Sc., P. Geo. and Patrick
Sévigny, Ing.,
(2) Snow Lake Mine Re-activation Project Technical Report NI 43-101 , December 10. 2010 prepared by Mr. Andre Roy Eng.
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 13
14. Production Profile
100,000 Snow Lake
80-90,000
(est.)
Production
Production OUTLOOK
(oz)
2009
2010
20,000 33,000
23,000
2011 18-20,000 Lac Herbin
7-12,000 (est.)
(est.)
Production
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 14
16. Current Financing Plans
$17,500,000 Bridge Financing – Closed November 28, 2012
Fully secured bridge financing provided by Third Eye Capital
Loan Terms:
1 year with interest payments starting 7 months from closing at
$250,000 per month
In consideration of the Bridge Financing, Third Eye will receive 2.9
million warrants at $0.2525, the 10 day VWAP on closing
First tranche was used to pay out previous bridge of $10.3 million
Second tranche will be used for general company administration and
expenses
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 16
17. Upcoming Financing Plans
Snow Lake Project Financing – Announced on May 29, 2012
US $45 million debt facility
Term of 4.5 years
Interest rate of LIBOR + 5.5 % before commercial production and
LIBOR + 4.5% after commercial production
Hedging requirement from 40 to 50% of the 4.5 year production
profile
Technical due diligence complete
Other conditions will be negotiated in the course of settling a
definitive agreement
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 17
18. Restructuring Exploration Assets
Sale of Rouyn-Noranda Exploration Properties to Falco Pacific
Resources (previously Druk Capital)
Closed September 24, 2012
Aggregate gross proceeds of $5 million in cash and
approximately 18% ownership of Falco post-financing
Exploration on properties to continue without dilution at the
QMX level
Exploration team to be transferred to Falco
Exposure to exploration success will be experienced through
equity participation
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 18
19. Capital Structure
Outstanding: Issued 30.8 Million
Warrants 03.7 Million Average Price $6.67
Options 00.8 Million Average Price $4.42
Fully Diluted 35.3 Million
Share Price (as of Oct. 30, 2012) C$ 0.30
Market Cap: Basic C$ 9.0 Million
Avg. trading volume (30 day average) 83,000 shares/day
Debt Outstanding Convertible Debt C$4.21 Million Conversion price $8.00
Bridge Loan C$17.5 Million
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 19
20. *Source: NBF and company listings.
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 20
21. 2012 Objectives
Lac Herbin
production 18,500 to 20,500
Resource update as part of 2012 year end exercises
Snow Lake Project to Production decisions
Resource update as part of 2012 year end exercises
Financing decisions
Exploration (Ongoing)
Regional compilation for next round of targets
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 21
22. Management Team
Directors and Officers
David Rigg, Chairman
Maurice Colson, Director
Robert Bryce, Director
Mark Eaton, Director
Chantal Lavoie, Director
Senior Management
Franҫois Perron, President and CEO
Deb Battiston, CFO
Gerald Thornton, VP Manitoba Operations
Patrick Sévigny, VP Quebec Operations
Jean Girard, Exploration Manager, Quebec
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 22
23. Contact Information
QMX Gold Corporation
TSX: QMX
OTCQX: QMXGF
Investor Relations
Rob Hopkins (Toronto) Louis Baribeau(Montreal) info@qmxgold.ca
+1 416 861 5899 +1 514 667-2304 www.qmxgold.ca
Find us on
NOVEMBER 2012 TSX: QMX OTCQX: QMXGF 23