Desert Hawk Gold is a Utah Gold producer, currently on track to produce 15,000 ounces per annum from a fully permitted open pit heap leach gold mine. The company controls an entire geologic trend which begs for further exploration to expand the current resource. Potential exists for over 1,000,000 ounces along the Kiewit trend, and the near term objective is to expand the resource and increase the annual production rate to 30,000 ounces or more.
Rick Havenstrite – CEO
Rick has over 35 years of experience as a mine operator of similar type deposits across the western United States. Rick is a mining engineer as well as a senior company executive for Desert Hawk.
What is your rationale for attending 121 Mining Investment?
Desert Hawk is seeking the right kind of qualified investor to make an equity investment in the company to allow for our project expansion
What recent news would you like to highlight to investors attending?
Desert Hawk resumed production in May, 2019 after a two year suspension of operations.
What are your key goals for the next 3, 6 and 12 months?
Stabilize production at an annual rate of 15,000 ounces
Expand the total contained resource with an aggressive drilling campaign along our highly prospective trend.
Increase the production output to an annual rate of 20,000 to 25,000 ounces per annum.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Dramatic drop in the gold price is our major risk
In a sentence, what do you think makes your company such a compelling investment?
We are an unusual story, an existing gold producer with a big exploration upside