Cap-Oeste has been on care and maintenance since February 2019 though residual leaching continues.
On March 9, 2021, the Company announced that it had obtained definitive permits for the development of the Cap-Oeste Property.
The Company has initiated a pre-feasibility study to assess the potential technical and economic extraction of mineral resources. The Company is now focused on evaluating the development of these mineral resources by underground mining.
Company has commenced extraction of minerals at the Cap-Oeste, the Company does not have defined mineral reserves as defined under Regulation S-K, subpart 1300 and therefore all of the mining properties are considered to be in the exploration stage. |