Slide 1: Dufferin Gold Mine Preliminary StrikePoint Presentation
DUFFERIN GOLD MINE Preliminary StrikePoint Presentation Courtesy of Ressources Appalaches Inc. Saddle Reef Vein deposit NOVA SCOTIA, CANADA June, 2010
Slide 2: Forward-looking statements
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-looki
Slide 3: Dufferin Mine Location
Dufferin Mine Location Miller Lake Dufferin Mine Chocolate Lake Ecum Secum Sheet Harbour 25km Halifax 0 20 kilometres Dufferin Mine Halifax Dufferin Properties Dufferin Mine Mining Rights Canada Nova Scotia
Slide 4: Mining Lease
Mining Lease Tailings pond Mill Portal GOLD MINING MILLING
Slide 5: History
History 1881-1935 SMALL-SCALE PRODUCTION Four small-scale production near by the mine Shallow pits (< 60 m) and few drifts Production of 41 805 oz gold 1986-1989 CORNER BAY MINERALS (Seabright) 1881 Discovery of the first two saddles by drilling 215 m long and to a depth of 50 m No production 1993-2
Slide 6: Infrastructures
Infrastructures National road within 10 km Powerline on site Mining infrastructures on site Tailings pond Permits PORTAL AND DECLINE MILL RAFINERY
Slide 7: Underground Development
Underground Development Plan Projection 0m 100m 200m 300m 400m W E -10m Longitudinal Projection -35m -60m -85m -110m Actual underground development 450 metres long by 110 metres deep
Slide 8: Saddle Reef Vein Deposit
Saddle Reef Vein Deposit Fold Nose Dufferin Mine A Gold Quartz Vein B Goldboro Mine C Beaver Dam Mine Tangier Mine Goldenville Mine 20-100m D Type of Gold Quartz Veins A B C D
Slide 9: Compared to Bendigo Mining - Australia
Compared to Bendigo Mining - Australia Bendigo is Australia’s second largest goldfield having produced some 22 million ounces of gold, to an average depth of 750 metres. Bendigo Mining Limited is exploring for gold beneath and along from historic mines on the richest lines of mineralisation within t
Slide 10: Depth Extension of the Gold Quartz Veins
Depth Extension of the Gold Quartz Veins Surface Surface N F99-24 F08-07 S Saddle S1 Partly mined zone S2 S3 Results Results -100m -100m 125.5 g/t Au over 1m 6.8 g/t Au over 0.5m S4 11.1 g/t Au over 1m 1.1 g/t Au over 1.4m SADDLE 1 S5 62.8 g/t Au over 0.5m 19.1 g/t Au over 1.7m 6.8 g/t Au over 0.6m
Slide 11: Lateral Extension of the Gold Quartz Veins
Lateral Extension of the Gold Quartz Veins Recent mining A 27 g/t 22 g/t S1 70 g/t Surface B 70 g/t 25 g/t 75 g/t Old mining 21 g/t 48 g/t S2 110 g/t 22 g/t S3 49 g/t 45 g/t -100m 126 g/t 47 g/t 51 g/t S4 81 g/t 31 g/t 116 g/t S5 70 g/t 339 g/t 63 g/t 70 g/t S6 34 g/t 135 g/t S7 26 g/t -200m 45 g/t
Slide 12: Longitudinal section
Longitudinal section
Slide 13: Cross section
Cross section
Slide 14: Results Pending
Preliminary resource estimate, 6 saddles Results Pending Preliminary Resource Estimate Schematic, 6 0f 15 known saddles
Slide 15: Appalaches Resources
Gold Results in Drilling Program Results > 20 g/t Au Forage De À Long. Au TeneurGold en or Results in de des forages Drilling Program Ressources Appalaches # (m) (m) (m) (g/t) F08-01 84.9 85.1 0.2 110.0 Appalaches Resources 150 F08-02 52.6 53.1 0.5 38.3 F08-03 15.0 15.3 0.3 27.2 F08-07 124.0 128.0 4
Slide 16: Ore Processing @ 300 mtpd vs 600 mtpd
Ore Processing @ 300 mtpd vs 600 mtpd Option A – Flotation – 300 mtpd Option B – Cyanidation – 600 mtpd Ore 95% recovery 99.4% recovery Investment : $300 00 Investment : $4 000 000 Grinding Free Gold Free Gold Gravimetric Gravimetric table 80-85% 80-85% tables Grinding Grinding Flotation Cell Cyanid
Slide 17: Mill
Mill Simulation of the mill expansion Actual Option B Capacity Cyanidation Tonnes/day 300 600 Grade Au g/t 10 g/t 10 g/t Recovery 95% 99.4% Annual Gold Production 36 744 oz 63 902 oz Investment $300 000 $4 000 000
Slide 18: Dufferin Mine pictures
Dufferin Mine pictures