Hope Bay

MMX Interest:  2.5% + 0.25%(1) NSR royalty
MMX Metal Exposure:  Gold (Au)
Location:  Nunavut, Canada
Operator:  TMAC Resources Inc.
Status:  Producing
2019E Production:  160 - 170 koz Au (2)

Asset Information

  • New long life and high grade cornerstone asset
  • Made up of 3 main deposits (Doris, Madrid and Boston) defined on a large 1,101km2 prospective land package
  • Q2 2019 was TMAC’s second consecutive quarter of positive earnings
  • Ramping up to deliver 2,000 tpd
  • Pre-Feasibility study in 2015 averaged production of 185,000 for first five years

For more information on Hope Bay, please visit www.tmacresources.com.

Source: TMAC Resources Inc. public disclosure.
(1) Until certain conditions are met.
(2) Production guidance provided in the TMAC Resources Inc. news releases dated February 21, 2019 and August 14, 2019.

 

 


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