Canadian-based gold exploration company with 100% ownership of a district-scale land position within the Indin Lake Greenstone Belt, located in a Tier 1 jurisdiction (Northwest Territories, Canada). Focused on advancing the Colomac Gold Project with a current inferred resource of 2.6 million ounces of gold as well as advancing its high-grade gold deposits and showings on its Indin Lake Gold Property, within a highly prospective and underexplored Archean gold camp.
The Company has a strong shareholder base anchored by strategic partnerships with Kinross and Osisko Gold Royalties.View Research Report by Pi Financial on 19 February 2019 View Research Report by Pi Financial on 24 July 2019 View Research Report by Haywood on 5 September 2019
Michael Byron, President & CEO
Dr. Byron has +35 of field work, research, and senior management experience in gold, base-metal, magmatic nickel & PGE, diamond, and gemstone exploration, spanning employment within the mineral exploration industry and government. Former VP, Exploration of Aurora Platinum Corp. until its sale to FNX Mining in 2005; former VP, Exploration of Lake Shore Gold growing the Timmins West deposit to more than 1.2 million ounces of gold. In 2008, he joined Nighthawk where he supervised the consolidation of the gold camp, culminating with the acquisition and advancement of the former producing Colomac Gold mine into a new multi-million ounce opportunity. Dr. Byron holds advanced degrees in Geology including a PhD from Carleton University of Ottawa, Ontario.
What is your rationale for attending 121 Mining Investment?
Looking to meet potential new investors and gain broader awareness for the story.
What recent news would you like to highlight to investors attending?
Drilling this year returned the highest-grade intercept to date at Colomac along with additional drilling at the Company’s satellite target, Treasure Island Project.
What are your key goals for the next 3, 6 and 12 months?
Additional drilling results from Colomac and Treasure Island as well as results form ongoing metallurgical test-work.
Working towards a resource update expected by mid-2020 which will include a maiden resource at the Damoti Lake Gold Deposit.
The Company intends to complete an additional sized exploration program and complete an internal scoping study.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Market fluctuations have added pressure to the share price – however we are fully funded into next year.
In a sentence, what do you think makes your company such a compelling investment?
With a growing mulit-million-ounce deposit and additional high-grade opportunities within this large land position, we feel the current price does not reflect the true value, and along with ongoing drilling results, we see tremendous upside.