1 / 34

TSXV : ABI

TSXV : ABI. ABCOURT MINES INC AN EMERGING Gold producer.

lotus
Télécharger la présentation

TSXV : ABI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TSXV : ABI ABCOURT MINES INC AN EMERGING Gold producer

  2. Except for statements of historical facts, some statements contained in this PowerPoint presentation, constitute forward looking statements, including, without limitation, anticipated developments in the Company’s operations in future periods and other events or conditions that may occur in the future. These statements are about the future and are inherently uncertain and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors. Management believes that the expectations reflected in those statements are reasonable but no assurance can be given that these expectations will prove to be correct. It is recommended not to place undue reliance on forward-looking statements as the plans, intentions or expectations upon which they are based might not occur. FORWARD LOOKING STATEMENTS

  3. An amazingpotential PRODUCTION TARGET Abcourt Mines Inc, an emerging gold producer with 2 gold mines, 1 zinc-silver mine, several gold and zinc projects At Elder : 15,000 to 18,000 ounces of gold/year At Sleeping Giant: 18,000 to 22,000 ounces of gold/year At Abcourt-Barvue: 0,8 M oz of payable Ag and 19,000 tonnes of zinc/year

  4. General presentation Abcourt Mines Inc. is an emerging junior gold producer with 2 gold mines, 1 zinc-silver mine, several gold and zinc projects in Quebec, Canada Among its many assets all located in Abitibi, Quebec, it has an operating gold mine advantageously located in the mining community of Rouyn-Noranda, a processing plant with a capacity of 750 tonnes / day, an advanced project for zinc and silver mining and a large portfolio of exploration properties. Another under-valued stock Compared to other gold producers in the area. ShareOutstanding 290.9 M 7.8 M Options1 288,7M Warrants2 1.3 M Fullydiluted3 292.3M Market cap 15 M SharePrice, CDN $ 4 0.075 $ 0.04-0.08 $ 52 WeekHight/LowCDN $ 5 18k Oz/yr Actual gold production Business presentation:https://rpm.systeme.io/abcourt * 1, 2are based on Abcourt Mines Inc. balance sheet of 30 sept 2018. 4 and 5 are based on the share info of Jully 19th 2019.

  5. Management team Jean-Guy CourtoisDirector Daniel AdamDirector Renaud HinseDirector,President and ChiefExecutive Officer François Mestrallet*1Director Normand Hinse *1Director Nicole Veilleux*1Director andPresidentAudit Committee Christine Lefebvre, LLB, CPA, CAChief Financial Officer and Chef acountant Charles H. Bélanger, P. Eng., M.B.A.,Consultant, mines Roger JolicoeurConsultant (RWJ Mining Consultants) Julie GodardCorporateSecretary *1 members of the audit committee

  6. ABCOURT’S PROPERTIES (ROUYN-NORANDA / VAL-D’OR AREA) 1- Abcourt-Barvue 2- Vendome 3- Jonpol 4- Elder-Tagami 5- Aldermac

  7. Gold producingAsset The mine is equipped with functional buildings and all of the surface and underground equipment with a 2,600-ft shaft (793 m) and 16 levels. 102 employees (December 2018) THE ELDER GOLD MINE

  8. 2018 ELDER MINE and TAGAMI RESOURCES 43-101 Measured and Indicated Resources 3.45 g/t Au cut off grade 638,083 tonnes @ 6.38 g/t Au 43-101 Mesured and indicated 130,974 ounces 43-101 Inferred Resources 3.8 g/t Au cut off grade 547,746 tonnes@ 5.93 g/t Au 104,400 ounces

  9. Elder mine Plan projection of level 16 Elder mine Plan of cross Section X at the west boundary of the proposed 16 level gallery OPEN IN ALL DIRECTIONS NEXT TARGET DOWN DEEP

  10. Summary of Fiscal 2015, 2016, 2017 and 2018 Start of commercial production in January 2016 Production is growing Ressources are open About 13 years of mine life left with existing resources. Very good exploration potential for additional resources

  11. Properties informations The Elder Mine and TagamiPropertys are 100 % owned. The Elder mine and Tagami Property are conveniently located 10 kilometres northwest of the mining community of Rouyn-Noranda, Quebec, and are 100% owned by Abcourt.  The Property comprises 36 contiguous claims, a mining concession and two mining leases.  There are royalties of 2% to 3% NSR payable on different parts of the Property. This property will produces from 16 000 to 18 000 Oz of gold per year. Check all details: https://abcourt.com/the-elder-mine/ Technical hypothesis *The resourcesindicated are believed to bewith a reasonable expectation of beingextractedeconomically.

  12. ABCOURT’S PROPERTIES (AMOS – MATAGAMI AREA) 6- Vezza (claims) 7- Géant Dormant mine 8- Discovery - Flordin

  13. Pastproducingmine • All the infrastrucure to produce 750 TPD • Mill couldbeupgradedto 1100 TPD • Modest financingrequiredto re-start mine • Positive 43-101 feasibilitystudy • High yeild rate • Our objective is to start preparing the Sleeping Giant mine in 2019 • Mill is already threating eLDER ore since 2016 THE Sleeping giant

  14. Geology of the Sleeping Giant mine and other Gold Properties in the area

  15. SLEEPING GIANT MINE GOOD EXPLORATION POTENTIAL ON EXISTING LEVELS AND AT DEPTH Exploration target area

  16. WE GIVE THE BEST EXPLORATION AREA GOOD VALUES ON 1060m LEVEL

  17. New automat installed in mill; • Good gold recovery (97%) for Elder ore; • Custom milling started in September 2018; • NI 43-101 Economic analysis just released; • Mine laboratory used for outside clients; • Mill expanion being considered. HIGHLIGHTS SLEEPING GIANT

  18. Properties informations • Sleeping Giantis a high grade mine with a great exploration potential! The Sleeping Giant Mine (gold) : 100 % owned. The property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four (4) mining leases covering an area of approximatively 458 hectares and 69 mining cells.  A royalty of $5.00/ton on the first 350,000 tons of ore extracted from the Sleepy Giant property is payable. Among the assets that Abcourt has acquired, there is a mill with a capacity of 700 to 750 tonnes of ore per day, or 250,000 tonnes per year. This capacity is adequate to treat the Elder and the future Sleeping Giant production. The process is carbon in pulp. There are also installations to store the mill tailings, infrastructures includes two shafts and drifts, a mechanical shop, offices, a store, dries and mining equipment, surface installations, an important inventory of parts, five (5) mining leases and forty (40) adjacent cells. The treatment plant was restarted by Abcourt in August 2016 to process ore from the Elder Mine and custom milling , to utilize the full capacity of the mill. The production from the Sleeping Giant is expected to start in 2019. This mine could double the gold production of Abcourt. Check all details: https://abcourt.com/the-sleepy-giant-mine/ SLEEPING GIANT RESOURCES

  19. BARVUE MINESILVER-ZINC PROJECT

  20. ABCOURT-BARVUE RESERVES AND RESOURCES Past producer 1952-1957: 8.87 M oz Ag and 198,850 st Zn in concentrate from Barvue open pit mine 1985-1990: 2.67 M oz Ag and 34,850 st Zn in concentrate from Barvue U/G mine According to 2014, 43-101 Mineral resources report by consultant J.P. Bérubé: Measured & Indicated resources: 8,086,000 t @ 55.38 g/t Ag & 3.06%/t Zn (14,400,000 ounces of silver & 545,000,000 pounds of zinc) Inferred resources: 2,041,150 t @ 114.32 g/t Ag & 2.89%/t Zn (7,500,000 ounces of silver & 130,000,000 pounds of zinc)

  21. EMERGING SILVER-ZINC PRODUCER • Existing infrastructures are evaluated at • 7 M $CA (buildings and equipment)

  22. Mineralreserves(2018) • Two-kilometerlong mineralized zone in major structure • Explored at depth to only about 200 m

  23. TYPICAL SECTION • Barvue Deposit • Showing : • Ore zone • Marginal ore • Mined out areas • Existing open pit • Proposed open pit

  24. Property easily accessible; some buildings available on property. • Project consists of 80% open pit & 20% underground mining at a rate of 615,000 t/yr. • Processing consists of producing a silver-zinc concentrate to recover up to 77% of the silver and 97% Zn, grading56-57 % Zinc in a concentrate ABCOURT-BARVUE ESTIMATED OPERATIONAL HIGHLIGHTS

  25. The mine and mill will be in production in about 24 months after adequate financing • Close to 80% of milling and underground mining equipment is on the property • Qualified manpower and mining services are readily available in the area • Tailing disposal area already approved and certificate of authorisation has been issued for water treatment facilities and the dewatering of the the mine ABCOURT-BARVUE ESTIMATED OPERATIONAL HIGHLIGHTS

  26. An update of the 2007 feasibility study was release in January 2019; • Pre-production project cost is in the order of $40-45 M; • Operating costs are in the $40 / tonne range; • Value of mineralization with conservative metal prices and rate of US$/CAN exchange rate is about $67.86 / tonne. • Average annual cash flow $20 M. • Abcourt-Barvue • Summary of project CAPEX and OPEX2008 estimate • HIGHLIGHTS

  27. Other resources are found in our Satelite & zinc properties ZINC Satellite properties (for additional mill feed) Zn – Ag – Au – Cu Properties Vendôme (15 km S of mine site) Jonpol-Paramount (35 km NW of mine site) Aldermac (150 km SW of mine site) Most analyst are verybullish on the price of Zinc. Inventories are continuallygettinglower.

  28. Discovery property with substantial gold mineralization. Thirteen holes drilled recently. Resources calculations to be updated; • Flordin property with significant gold mineralization. Recent drilling done. Good values intersected. • Vezza, Dormex, Cameron Shear, Laflamme properties with favourable geology for gold. OTHER GOLD PROJECTS

  29. Time line production projection • Fixing some productions issues • on the actual production property • Construction of facilities. • Extensive drilling program Active production at Sleeping Giant and AbcourtBarvue Development of Sleeping Giant 43-101 Update on Elder & Sleeping Giant 2018 2019 2021 2022 2020 Add title here 3 active mines in production Funding for Sleeping Giant and AbcourtBarvue • Development of Abcourt-Barvue • Several funding options are explored to develop both project. Considering the information that we get, some options could be release shortly.

  30. Production target 18 000 Oz of Gold production at the Elder mine. 18 000 18k Oz Au 20 000 Oz of gold per year at Elder Oz of gold per year at Sleeping Giant 20k Oz Au • Financing the Sleeping Giant project to produce approximately 20 000 Oz of Gold per year 800 000 Oz of Silver 19 000 Tonnes or Zn per year • Financing AbcourtBarvueto produce approximately 0,8 M oz of Ag and 19,000tonnes of zinc/year 800k Oz Ag

  31. Production targets* Sleeping giant Silver production in OZ Abcourt-Barvue: Zinc production in tonnes Elder’s GOLD production in OZ 40 000 30 000 Sleeping Giant Sleeping Giant S-Giant 20 000 Goal of 19 000 t Zinc Goal of 800 000 oz Silver 10 000 Elder Elder Elder Zinc production start 2015 2016 2018 2019 2020 2017 2021 2022 *NB: The dates are related to fiscal period.

  32. Valuation of Gold Companies Enterprise value / M, I & Inferred resources (USD/Oz1) Febuary 2019 100 50 0 Alio gold: 0.93$ /Share Atlantic Gold : 2.03 $ /Share Wesdome Gold: 4.15 $ /Share Treasury metals: 0.27$ /Share Abcourt mine : 0.055 $ /Share Maritime resources: 0.09 $ /Share Gowest Gold: 0.03$ /Share Anaconda mining: 0.35$ /Share Serabi Gold: 0.65 $ /Share Monarque: 0.24 $ /Share Superior Gold: 0.61 $ /Share Marathon Gold: 0.86 $ /Share Northern vertex: 0.20 $ /Share Jaguar mining: 0.115 $ /Share

  33. Why to invest: elevator pitch Near TERM funding to start Sleeping Giant production 5 000 000$ ACTUAL 15 – 20k Oz GOLD PRODUCTION per year High potential at Discovery and Flordin drilling planned near TERM funding to start AbcourtBarvue production 40 000 000$

  34. ABCOURT MINES INC AN EMERGINGgold producer Thank you Renaud Hinse President, Director and CEO AbcourtMines Inc. 475 Avenue de l’Eglise Rouyn-Noranda, Québec J0Z 1Y1 • Dany Cenac Robert • Relation Investisseurs • Tel.: 514.730.5680 • dany@reseaupromarket.com TSXV : ABI

More Related