Moose River

MMX Interest:  3.0% net smelter return (NSR) royalty on the Touquoy deposit (1)
MMX Metal Exposure:  Gold (Au)
Location:  Nova Scotia, Canada
Operator:  Atlantic Gold Corporation
Status:  Producing
2018E Production:  82,000 - 90,000 koz Au (2)

Asset Information

  • First gold pour achieved in October 2017
  • Commercial production commenced March 1, 2018
  • Mill throughput and recoveries have exeeded design criteria 
  • Gold resources: 557 koz at 1.5 g/t (3)

For more information on Moose River, please visit www.atlanticgoldcorporation.com.

 

Source: Atlantic Gold Corporation public disclosure.
(1) Subject to a 2.0% buyback option for C$2.5M.
(2) 2018 fiscal year production guidance provided in the Atlantic Gold press release dated January 19, 2018.

(3) Resources include measured, indicated & inferred and are inclusive of reserves  - see Atlantic Gold press release dated July 2, 2015.


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