Rice Lake Gold Belt in Manitob,a Canada2 million ounces produced historically.2.5 million ounces discovered since 2006.Structural analysis revealing multiple new horizons within Company mining lease.400 sq km land package with multiple high-grade (10-26 gpt) past producers. Two Mines and On-Site MillRice Lake shaft mine vertical access: 1,675 m (5,500')Hinge and 007 ramps vertical access: 500 m (1,600')Mill upgrades completed, capacity increased to 2,500 tpd.Surface support infrastructure in place. Zone Extensions Accessed by New Infrastructure16 Level extension in close proximity to L10, 08, 6163 and L13 deposits.26 Level operations accessing 710 lens.Shoreline Basalt remains open for exploration along strike and to depth.
The main exploration projects and growth are based in Canada, a stable and favorable to mining country. Production from Canadian Malartic is not subject to any hedging programs on gold, and experienced construction team that built the Canadian Malartic is ready to engage in other major projects.