The Moose River Project comprises the Touquoy and Beaver Dam deposits. Touquoy West is located 60km east-northeast of Halifax, Central Nova Scotia while Beaver Dam comprises 76 claims across approximately 569 hectares, located 22km east of Touquoy.
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This Gold Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.
Gold producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.
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The Moose River project is planned as an open pit mining operation with conventional drill, blast and haul mining methods. Life of mine (LOM) is estimated at 9 years with initial production from Touquoy and then from Beaver Dam once Touquoy pit reserves are exhausted in year 5. The life of mine (LOM) stripping ratio is estimated at 3.73:1.
Based on the 2010 Definitive Feasibility study (DFS), total capital cost was estimated at C$$228 million, including C$123 million and C$81 million pre-production capital for Touquoy and Cochrane Hill respectively.
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Asset report | Jun 2017
Moose River gold mine project
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