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Re: hitman558 post# 12

Wednesday, 03/22/2017 9:06:54 AM

Wednesday, March 22, 2017 9:06:54 AM

Post# of 146
hitman558 thank you for your opinions -
( # 2 following mark to you ) -
well, said its great assets -
very undervalued @ current price -
I hope its a turn around the corner -
its a shame for Kemess to not be
producing as they did before =
with cost below $300/oz -
but China, India etc. soon
will need all Cu they can
get hold of so better days
will come - $$smile) -
- God Bless -

OT.
“The Clavos gold deposit is one of the few gold deposits in Canada which is permitted and is situated in one of the most prolific and active gold camps in Canada. The improved investment environment for precious metal companies and the relatively low capital costs required to place Clavos into production has greatly facilitated the Company’s ability to move the project ahead.”
— NIGEL LEES, CEO
HIGHLIGHTS

PEA REPORT
Located in the prolific Timmins Mining camp and very close geographically (20kms) to Goldcorp’s (TSX-G) Hoyle Pond mine which has produced more than 2.4 Mozs since 1985 and is still in operation.
NI43-101 NEW resource estimate in October 2012 includes Indicated mineral resources of 1,258,400 tonnes at 4.81 g/t Au totalling 194,600 ounces of gold and Inferred mineral resources of 796,000 tonnes at 4.7 g/t Au representing 120,000 ounces. These resources are reported at a base case cut-off grade of2.75 g/t Au and individual assays have been capped at 60g/t.
One of the lowest CAPEX in the industry, $70+ million historically invested by St. Andrew Goldfields and Sage
Existing infrastructure in place, including underground ramp access to the 300 metre level, underground levels developed every 25 metres, power to site, surface ventilation system, water management system
Existing mining permit up to 2019.
Clavos is also located 10 kilometres from the Primero Gold mill in Stock Township.

http://www.sagegoldinc.com/clavos

AuRico may should get a net smelter royalty -
in Clavos Gold Mine -








- God Bless -


My opinions are my own and and DD I post should be confirmed as unbiased

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