Symbol: TSXV-NMDShares Outstanding: 33,367,579 St. Vincent Bay Aggregate Property Sunshine Coast, British Columbia
Executive Summary • Large construction grade aggregate deposit located in an area with multiple aggregate production mines • 43-101 rock estimate report and Notice of Work permitting well underway • Property ideally located on the Jervis Inlet, Sunshine Coast • 80 tonne ramp and heavy equipment on site for barge loading and transport • Strategy is to complete 43-101 rock estimate, finalize Notice of Work Permit, and begin phase one of mine planning for aggregate production in 2014 • $750,000 financing announced at $.05, with a $.05 full warrant for 5 years.
Aggregate Overview • West Coast of North America is the #1 market for construction aggregates • Sunshine Coast, BC is a major producer and supplier of construction aggregate including Lehigh Hanson, Lafarge, Jack Cewe Ltd. and Polaris Minerals • Market for high quality aggregate is growing substantially, known resources beginning to dwindle • Prices have soared from $9 to $18 per tonne since 2012 • Transportation capabilities for Aggregate production are crucial in determining economic viability of quarry operation
St. Vincent Bay Aggregate PropertyOverview • In 2001, BC Ministry of Mines identified the property as a natural aggregate deposit • Permitted landfill site ideally located on the Jervis Inlet, Sunshine Coast, BC • 84.8 Acres in size with 3000 feet of oceanfront access, includes foreshore lease. • 40 KM’s from Powell River, accessible by road and water year round, key for mine operation requirements • Property was previously operated as a log sort, all necessary heavy equipment on site (excavators, loaders, rock truck) • 80 tonne ramp installed, suitable for loading aggregate onto barges up to 10,000 tonnes. • Initial sample results from GolderAssosciates Ltd, confirm high quality aggregate at St. Vincent Bay
St. Vincent Bay Aggregate PropertyBC Mines Aggregate Potential Map (Sunshine Coast) St. Vincent Bay Property
Transportation and Production • Jervis Inlet deep water location ideal for barge and/or ship transportation of aggregates • Low bank ocean front access suitable for aggregate stockpiling and production equipment • 80 tonne barge loading ramp and heavy equipment located on site • Vancouver, lower mainland based yard and ocean ramp under negotiation for barge unloading and storage. • Future reclamation material contracts in negotiation for shipment back to St. Vincent Bay
Growth Strategy • Continue to build agreements with well established Vancouver construction companies to sell contracts to buy all aggregate produced at St. Vincent Bay • Growth through acquisition of neighboring primary aggregate properties • Offers in place now to acquire a new primary aggregate property on the Sunshine Coast
Conclusion • Jim Place, a highly experienced P.Geo in aggregate mine development, planning and permitting has been hired to manage all aspects of development planning for the property • 43-101 report underway to determine a rock volume estimate • Notice of Work permit has been submitted • Barge loading ramp and heavy equipment in place for transport to West Coast markets • Once permits are completed, St Vincent bay aggregate property is scheduled to begin production in 2014 • $750,000 financing announced at $.05, with a $.05 full warrant for 5 years. • 10% cash and 10% broker warrants finders fee offered