Presentation is loading. Please wait.

Presentation is loading. Please wait.

Targeting First Gold Dore Q1 2014

Similar presentations

Presentation on theme: "Targeting First Gold Dore Q1 2014"— Presentation transcript:

1 Targeting First Gold Dore Q1 2014
DUFFERIN GOLD MINE Targeting First Gold Dore Q1 2014 Presented by: Alain Hupé – President & CEO Douglas keating – Mine Manager Nova Scotia, CANADA OU3 (FWB) / APP (TSX.V)

2 Forward-Looking Statements
This presentation may contain certain forward-looking statements regarding (i) estimated resources and reserves, (ii) planned production and operating costs profiles, (iii) planned capital requirements and (iv) plans, strategies and corporate objectives. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Ressources Appalaches and Dufferin Resources. The forward-looking statements are inherently uncertain and may therefore differ materially from results ultimately achieved. External and other factors may impact the Company and affect the forward-looking statements in this release since its preparation. Subject to applicable law and stock exchange listing rules, the Company does not intend to publicly update any of the forward-looking statements or any assumptions on which any such forward-looking statement is made. OU3 (FWB) / APP (TSX.V)

3 Become the next Nova Scotian gold producer Extend resources
Corporate Objectives Become the next Nova Scotian gold producer Extend resources Increase production capacity Three phase plan : Phase #1 – Restart gold production at 300 TPD by Q Phase #2 – Production of 20,000 to 25,000 oz of gold per year. Phase #3 – Explore the anticline structure towards the East and at depth to double production capacity in 2015 OU3 (FWB) / APP (TSX.V)

4 Corporate Profile Direction & Gestion Experience Company Description
Alain Hupé, Eng. President, CEO & Cofounder 20 years in exploration Engineer-geologist, specialising in mining exploration geology, President of Gestion LesTrois Inc. Jean-Claude Morel, M.A.DEM Executive Vice-President & COO 25 years of management experience Development and managing of multi-disciplinary teams ranging from engineering to logistics, including administrative, legal, environmental and financial components. John A. Thomas, Eng Ph.D. Director 39 years in mining industry Experienced mining engineer from process development, engineering, Management, construction and operation of mines. Jose Oro, Ph.D. Director 35 years in mining industry Ph.D. in geology, held various Senior Vice-President and Chief Operating Officer position in the mining industry, as well as Director of the Ministry of Basic Industries André Proulx, M.A. Director & Cofounder 30 years in company management Experienced manager of mining and oil exploration companies, President and CEO of Pétrolia Inc. Dominique Doucet, Eng. Director 28 years in exploration Engineer-geologist and has held senior management positions with Dios Exploration Inc., Sirios Inc. and Kalkhos Inc. Company Description Listed FWB: 2013 Listed TSX.V: 1997 Shares Outstanding: 182,661,748 Market Cap $ Year Hi/Low: 0,12 / 0,05 OU3 (FWB) / APP (TSX.V)

5 Dufferin Mine & Surrounding Appalaches Properties
Miller Lake Dufferin East Dufferin North Chocolate Lake Dufferin Mine Ecum Secum Sheet Harbour 25 kilometers (km) radius Halifax 20 kilometres Dufferin Mine Canada OU3 (FWB) / APP (TSX.V)

6 Dufferin Mine Existing Infrastructures
Existing mining infrastructure on site: Mining lease in good standing 300 tonnes per day plant Very short distance from mine to plant (150 m) Gravity and flotation process Tailings pound Acces by decline PORTAL AND DECLINE MILL MILLING OU3 (FWB) / APP (TSX.V)

7 Dufferin Mine Past and Existing Facilities
Ball Mill Shaking Table Flotation System Infrasructure On-site OU3 (FWB) / APP (TSX.V)

8 Dufferin Mine Past Operations
Quartz Vein – Saddle Quartz Vein – Saddle OU3 (FWB) / APP (TSX.V)

9 Dufferin Mine Past Operations – Type of Veins

10 Potential continuity in depth and toward east
Saddle Reef Vein Deposit Anticline Fold Nose Dufferin Mine Gold Quartz Vein meters D km Potential continuity in depth and toward east open structure OU3 (FWB) / APP (TSX.V)

11 Production and Exploration
Dufferin Gold Mine Mining Lease no. 94-2 Ressources Appalaches owns claims covering anticline structure over 8.4 km long Area Drilled 1,400 meters Mined Zone 450 meters Deposit Open Towards East and at Depth Portal Gold Surface Sample Wide Quartz Veins Milling OU3 (FWB) / APP (TSX.V)

12 Drilling Campaigns 1999-2001 2008-2009 2010-2011

13 Dufferin Mine Plan Mine General Layout 700 m APP-TSX-V

14 Dufferin Mine Plan Mine Plan Potential Resources APP-TSX-V

15 Latest Goals Achieved Past 6 months
Milestones Achieved Latest Goals Achieved Past 6 months Mid-2013: The following works have been completed since the announcement of the loan financing of US $10M (May 2013): Mine underground dewatering & rehabilitation works Refurbished the primary and secondary underground ventilation Completed plant rehabilitation and testing of all crushing circuit components Finalised and filed mine plan with provincial authorities & filed production permit (Industrial Approval) application Acquisition and delivery of heavy equipment Started the vetting of 688 applications for the remaining approximately 70 staffing positions required to resume mining operations OU3 (FWB) / APP (TSX.V)

16 Portal Flooded – Water Level May 17, 2013

17 Portal Rehabilitation

18 Infrastructures OU3 (FWB) / APP (TSX.V)

19 Mill Refurbishment OU3 (FWB) / APP (TSX.V)

20 Galleries Rehabilitation

21 Targeting First Gold Dore Q1 2014
Milestones to Achieve Path to Production Targeting First Gold Dore Q1 2014 2013: Complete development works required to restart production at 300 t/d 2014: Start of mining & milling ramp-up operations resume gold production Q1 2014 post-2014: Reinvest profits to increase resources and upgrade plant capacity OU3 (FWB) / APP (TSX.V)

22 Questions DUFFERIN GOLD MINE Presented by:
Alain Hupé – President & CEO Douglas Keating – Mine Manager OU3 (FWB) / APP (TSX.V) October, 2013

Download ppt "Targeting First Gold Dore Q1 2014"

Similar presentations

Ads by Google