Nova Scotia, CANADA DUFFERIN GOLD MINE Targeting First Gold Dore Q1 2014 OU3 (FWB) / APP (TSX.V)...

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Nova Scotia, CANADA DUFFERIN GOLD MINE Targeting First Gold Dore Q1 2014 OU3 (FWB) / APP (TSX.V) December 2013

Transcript of Nova Scotia, CANADA DUFFERIN GOLD MINE Targeting First Gold Dore Q1 2014 OU3 (FWB) / APP (TSX.V)...

Page 1: Nova Scotia, CANADA DUFFERIN GOLD MINE Targeting First Gold Dore Q1 2014 OU3 (FWB) / APP (TSX.V) December 2013.

Nova Scotia, CANADA

DUFFERIN GOLD MINE

Targeting First Gold Dore Q1 2014

OU3 (FWB) / APP (TSX.V)

December 2013

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Forward-Looking Statements

This presentation may contain certain forward-looking statements regarding (i) estimated resources and reserves, (ii) planned production and operating costs profiles, (iii) planned capital requirements and (iv) plans, strategies and corporate objectives.

Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Ressources Appalaches and Dufferin Resources. The forward-looking statements are inherently uncertain and may therefore differ materially from results ultimately achieved.

External and other factors may impact the Company and affect the forward-looking statements in this release since its preparation. Subject to applicable law and stock exchange listing rules, the Company does not intend to publicly update any of the forward-looking statements or any assumptions on which any such forward-looking statement is made.

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Corporate Objectives

Ressources Appalaches is Canada’s newestgold mining company.

As of December 2nd 2013 Ressources Appalaches is fully funded and permitted to proceed with gold

production at its 100% owned Dufferin Mine project in Nova Scotia.

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Corporate Objectives

Become the next Nova Scotian Gold Producer while Extending Resources andIncrease Production Capacity

Phase #1 – Restart gold production at 300 TPD by Q1-2014.

Phase #2 – Initial yearly production rate of 20,000 to 25,000 oz of gold.

Phase #3 – Explore the anticline structure towards the East and at depthsto double production capacity in 2015

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Corporate Profile

Direction & Gestion Experience

Alain Hupé, Eng.President & Cofounder

20 years in explorationEngineer-geologist, specialising in mining exploration geology, President of Gestion LesTrois Inc.

Jean-Claude Morel, M.A.DEMExecutive Vice-President & COO

25 years of management experienceDevelopment and managing of multi-disciplinary teams ranging from engineeringto logistics, including administrative, legal, environmental and financial components.

John A. Thomas, Eng Ph.D. Director

39 years in mining industryExperienced mining engineer from process development, engineering,Management, construction and operation of mines.

Jose Oro, Ph.D. Director

35 years in mining industryPh.D. in geology, held various Senior Vice-President and Chief Operating Officer position in the mining industry, as well as Director of the Ministry of Basic Industries

André Proulx, M.A. Director & Cofounder

30 years in company managementExperienced manager of mining and oil exploration companies, President andCEO of Pétrolia Inc.

Dominique Doucet, Eng.Director

28 years in explorationEngineer-geologist and has held senior management positions with Dios Exploration Inc., Sirios Inc. and Kalkhos Inc.

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Company Description

Listed FWB: 2013Listed TSX.V: 1997

Shares Outstanding: 186,328,414 Market Cap 18 600 000 $Year Hi/Low: 0,125 / 0,05

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Canada

Halifax

Sheet Harbour

0 20

kilometres

Miller Lake

Dufferin Mine

Dufferin Mine & Surrounding Appalaches Properties

Chocolate Lake

Ecum Secum

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25 kilometers (km) radius

Dufferin EastDufferin North

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Dufferin Mine

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Dufferin Mine Existing Infrastructures

Existing mining infrastructure on site:

• Mining lease in good standing• 300 tonnes per day plant• Very short distance from mine to plant (150 m) • Gravity and flotation process• Tailings pound• Acces by decline

PORTAL AND DECLINE MILL

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MILLING

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Dufferin Mine Past and Existing Facilities

Ball Mill Shaking Table

Flotation System Infrasructure On-site

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Dufferin Mine Past Operations

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Quartz Vein – Saddle Quartz Vein – Saddle

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Dufferin Mine Past Operations – Type of Veins

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Page 11: Nova Scotia, CANADA DUFFERIN GOLD MINE Targeting First Gold Dore Q1 2014 OU3 (FWB) / APP (TSX.V) December 2013.

Saddle Reef Vein Deposit

AnticlineFold Nose

D

Dufferin Mine Gold Quartz Vein

20-100 meters

1.4 - 8.4 km

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Potential continuity in depth and toward east open structure

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Production and Exploration

Gold Surface Sample Wide Quartz Veins Milling

Dufferin Gold MineMining Lease no. 94-2

Area Drilled1,400 meters

Portal

Mined Zone450 metersMined Zone450 meters

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Deposit OpenTowards East and at Depth

Ressources Appalaches owns claims covering anticline structure over

8.4 km long

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Drilling Campaigns

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1999-2001 2008-2009 2010-2011

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Dufferin Mine PlanDufferin Mine Plan

Dufferin Mine General Layout

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700 m

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Dufferin Mine PlanDufferin Mine Plan

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Potential Resources Defined

Dufferin Mine Plan

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Milestones Achieved

Latest Goals Achieved Past 6 months

The following works have been completed since the announcement of the loan financing of US $10M (May 2013):

• December – Fully funded (gold loan) to resume gold production

• November – Fully permitted by provincial authorities

• Fall – Dufferin Mine gold mine plan documents approved by provincial authorities/lender (mine report, mine plan, surface and underground electrical installation plan, ground control procedures and ventilation plan) economic model, operating cost estimates, and capital cost estimates

• Mine underground dewatering & rehabilitation works

• Refurbished the primary and secondary underground ventilation

• Completed plant rehabilitation and testing of all crushing circuit components

• Started the vetting of more than 950 applications for the remaining approximately 54 staffing positions required to resume mining operations

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Portal Flooded – Water Level May 2013

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Portal Rehabilitation – June 2013

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Infrastructures Rehabilitation 2013

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Galleries Rehabilitation – Summer & Fall 2013

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Mill Refurbishment – Fall 2013

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Development & Expansion Targets

Path to Production

Targeting First Gold Dore Q1 2014

2013: Complete development works required to restart production at 300 t/d

2014: Start of mining & milling ramp-up operationsresume gold production Q1 2014

2015: Reinvest profits to increase resources and upgrade plant capacity

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DUFFERIN GOLD MINE

OU3 (FWB) / APP (TSX.V)