Register for Instructions and Zoom Meeting Link
Date: December 3rd, 12:00 pm
Program Presenters: Ernest Mast – President & CEO and Laurie Gaborit – VP Investor Relations
Ernest Mast, President and CEO
Ernest Mast has 30 years of experience in various technical and executive roles in the mining industry, across a wide range of commodities, geographies and development stages. Currently the President and Chief Operating Officer of AmAuCu, Mr. Mast previously held the positions of President and Chief Executive Officer at Primero Mining Corp., Vice President of Corporate Development at Copper Mountain Mining Corporation, Vice President of Operations at New Gold Inc. and President and CEO of Minera Panama S.A., Inmet Mining Corporation’s subsidiary, developing the $6B Cobre Panama project. Mr. Mast began his career with Noranda Inc. and its affiliates, where he took on roles of increasing responsibility over a 20-year timeframe. Mr. Mast is a member of l’Ordre des ingénieurs du Québec and has a Bachelors’ and Masters’ degree in metallurgical engineering from McGill University. Mr. Mast also received post-secondary business training at Henley College in the UK and at the Universidad Catolica in Chile.
Laurie Gaborit, Vice President Investor Relations
Laurie Gaborit has over 20 years of investor relations and corporate communications experience in the mining industry. She recently held the position of Vice President Investor Relations at Detour Gold Corporation. As a key member of Detour Gold’s management team, she participated in the company’s initial public offering in 2007 and its transformation from exploration company to intermediate gold producer within a seven-year period, during which time Detour Gold’s market capitalization increased from $120 million to over $3 billion. Prior roles included Vice President Investor Relations and Corporate Secretary for High River Gold Mines and Manager Investor Relations for Rio Narcea Gold Mines.
Ms. Gaborit holds a Bachelor of Science in geology (Hons.) and is a member of the Canadian Investor Relations Institute (CIRI) Board. In 2019, she was the recipient of the CIRI Belle Mulligan Award for Leadership in Investor Relations.
In 2017 AmAuCu Mining Corp., a private company, acquired an option on the former Campbell Resources assets, which included the Copper Rand mine, mill and tailings area, the Cedar Bay mine, Lac Doré mine, Jaculet mine, Shaft 3, Portage Island and mine, Henderson I&II mines, Devlin deposit, 50% JV in the Gwillim mine and the Corner Bay mine.
VERY RARE, HIGH-GRADE COPPER – GOLD ASSETS IN AN EXCELLENT JURISDICTION
Starting in autumn 2017 and continuing through the first half of 2018, over 19,000 m of diamond drilling was completed on the Cedar Bay and Corner Bay projects, producing outstanding results.
A NEAR-TERM RE-DEVELOPMENT OPPORTUNITY
Several copper/gold deposits
Copper and gold focus – four separate high-grade deposits: Corner Bay, Cedar Bay, Copper Rand and Devlin. The former three which remain open for expansion.
Resources of Corner Bay, Cedar Bay and Devlin: Measured – 108 kt @ 2.90% Cu & 0.30 g/t Au; Indicated – 1.791 Mt @ 2.78% Cu & 0.95 g/t Au; and Inferred – 2.7 Mt @ 3.44% Cu & 1.09 g/t Au. Significant historic reserves and resources at Copper Rand.
First time all four assets are in one vehicle – potential for new discoveries.
Excellent land package
Located in the prolific Lac Doré (Chibougamau) mining camp that has produced 1.6 Blb of copper and 3.2 Moz of gold with significant exploration potential.
Past-permitted 2,700-tpd mill and tailings facility.
Quebec is one of the most favourable mining jurisdictions
Strong redevelopment support.
Experienced contractors and workers.
Attractive flow-through structure.
Strong management team and financial partners (Ocean Partners, Orion and RCF)
Provide the potential for future financing for development operations through offtake/advanced sales.