Investment Highlights
01. Agnico Eagle - Partner & Shareholder
- Currently operating and funding exploration at Carscallen
- $110 million in potential exploration commitment
- 5.9% shareholder interest
02. Tight Capital Structure
- 27.1 million shares outstanding with 25%+ owned by
Management & Family - $2.6M in working capital
03. Aligned Management Team
- Large insider ownership and industry low G&A
- Over 80% of annual budget spent on exploration
04. Exceptional Assets
- All projects located in Ontario or Quebec; established & strong
mining jurisdictions - Genex Project (Timmins,ON): Melkior lead flagship with historical
copper production and gold VMS potential - Carscallen Project (Timmins,ON): Under option/JV to Agnico
Eagle to explore a high-grade gold system amongst 8 established
zones/targets