10 www.resourceworld.com
F E B R U A R Y / M A R C H 2 0 1 7
Advancing 2 Projects in Canada
• CLARENCE STREAM – The next major
gold district in New Brunswick
• ESTRADES – The former producing,
high-grade VMS mine in Quebec
TSX-V: GWM
MAKING NEW DISCOVERIES
www.galwaymetalsinc.com
life-of-mine gold production and annual
production could be significantly
increased at MRC.
Exploration at Cochrane Hill is encour-
aging with recent drill results that
included 31 metres of 2.29 g/t gold.
The feasibility study estimates an
8.5-year life-of-mine gold production of
714,000 ounces at an annual production
rate of 87,000 ounces. Mine and plant com
-
missioning is expected in Q3 2017 with
ramp-up to full production in Q4 2017.
Atlantic Gold has other gold pros-
pects in the Meguma Gold Belt that could
develop into ore reserves that could be
processed at the MRC facility.
PRETIUM RESOURCES INC.
Pretium Resources Inc. [PVG-TSX,
NYSE] is well along with construction
at its 100%-owned Brucejack Mine in
northwest British Columbia. Proven and
probable mineral reserves in the Valley of
the Kings deposit is 8.1 million oz gold
(15.6 million tonnes grading 16.1 g/t).
The mill building is enclosed and over
45% of the internal structural steel is now
complete; concrete is over 80% complete.
Major equipment is arriving on sched
-
ule including the flotation concentrator.
Electric and piping installation is under
way in the mill and underground.
The 330-person camp is substantially
complete and operational. Transmission
line construction continues and is
expected to be energized early 2017.
The main portal access for the Valley of
the Kings has broken through to surface
The TMAC Resources underground Doris gold mine at the 100%-owned Hope Bay Project
located 65 km east of Bathurst Inlet, Nunavut, northern Canada. Photo courtesy TMAC
Resources Inc.
