Investor Relations

2019 Guidance

Q4’19 gold production is expected to improve over Q3’19 as mining moves back into the primary ore zone within Rory’s Knoll, however, full year production is expected to be below previously released guidance. Full year unit costs are expected to be in line with Q3 YTD actual costs. In order to create more reliable operating plans, management initiated a comprehensive mine, production and cost savings plan review in Q3’19 to make the necessary changes and improvements to increase productivity and profitability. Management does not consider it appropriate to provide updated guidance ranges or any forward projections until the review is completed.

why invest?

A Scarce Asset

  • High-grade multi-million ounce reserve with resource upside potential in a mining-friendly jurisdiction

100% Pure Gold

  • No by-products
  • Minimal currency Exposure
  • Oil price hedged for the near term up to 2020

In Millions

Strong Cash Balance

  • Cash position of US$25M vs. debt position of US$0M as at Sept 30, 2019

district potential

  • Land, prospective land package


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