Sunday, January 20, 2019 4:18:06 PM
http://www.canadiangoldminer.com/images/support/CGM-Corporate-Presentation.pdf
Proximity to new KLG shaft
The northern boundary of the Atacama holdings is almost exactly four miles from the the new KLG (Kirkland Lake Gold, Inc.) shaft being drilled at a cost exceeding $100 million. The new shaft, which rises over 200 feet above the ground will ultimately be over two miles deep is being constructed at a cost that will exceed $100 million dollars because the expected gold value to be recovered over a period of several years will provide an enormous return on the company’s investment.
The land mass of Atacama 1, 2, and 3 is approximately 40% of the size of the KLG holdings surrounding the new KLG shaft. With the ACRL holdings four miles from the new KLG shaft, the gold concentrations of the ACRL holdings should be approximately the same of the KLG holdings. Limited assays over the last 75 years indicate significant gold concentrations that are consistent with KLG estimates.
https://acrlintl.com/blog/2018/11/23/ceo-ramblings-november-23-2018
$ACRL
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