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 Nova Scotia, CANADA December 2013 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 Ressources Appalaches is Canada’s newest
Corporate Objectives Ressources Appalaches is Canada’s newest gold mining company. As of December 2nd 2013 Ressources Appalaches is fully funded and permitted to proceed with gold production at its 100% owned Dufferin Mine project in Nova Scotia. OU3 (FWB) / APP (TSX.V)

4 Become the next Nova Scotian Gold Producer
Corporate Objectives Become the next Nova Scotian Gold Producer while Extending Resources and Increase Production Capacity Phase #1 – Restart gold production at 300 TPD by Q Phase #2 – Initial yearly production rate of 20,000 to 25,000 oz of gold. Phase #3 – Explore the anticline structure towards the East and at depths to double production capacity in 2015 OU3 (FWB) / APP (TSX.V)

5 Corporate Profile Direction & Gestion Experience Company Description
Alain Hupé, Eng. President & 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: 186,328,414 Market Cap $ Year Hi/Low: 0,125 / 0,05 OU3 (FWB) / APP (TSX.V)

6 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)

7 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)

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

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

10 Dufferin Mine Past Operations – Type of Veins

11 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)

12 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)

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

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

15 Potential Resources Defined
Dufferin Mine Plan Dufferin Mine Plan Potential Resources Defined APP-TSX-V

16 Latest Goals Achieved Past 6 months
Milestones Achieved Latest Goals Achieved Past 6 months The following works have been completed since the announcement of the loan financing of US $10M (May 2013): December – Fully funded (gold loan) to resume gold production November – Fully permitted by provincial authorities Fall – Dufferin Mine gold mine plan documents approved by provincial authorities/lender (mine report, mine plan, surface and underground electrical installation plan, ground control procedures and ventilation plan) economic model, operating cost estimates, and capital cost estimates Mine underground dewatering & rehabilitation works Refurbished the primary and secondary underground ventilation Completed plant rehabilitation and testing of all crushing circuit components Started the vetting of more than 950 applications for the remaining approximately 54 staffing positions required to resume mining operations OU3 (FWB) / APP (TSX.V)

17 Portal Flooded – Water Level May 2013

18 Portal Rehabilitation – June 2013

19 Infrastructures Rehabilitation 2013

20 Galleries Rehabilitation – Summer & Fall 2013

21 Mill Refurbishment – Fall 2013

22 Targeting First Gold Dore Q1 2014
Development & Expansion Targets 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 2015: Reinvest profits to increase resources and upgrade plant capacity OU3 (FWB) / APP (TSX.V)


Download ppt "Targeting First Gold Dore Q1 2014"

Similar presentations

Ads by Google