$IGO.V - INDEPENDENCE GOLD
+ Exploration with projects in BC and Yukon
+ Add value through systematic project advancement
+ Evaluate additional projects for possible acquisition
👇🧵
+ Exploration with projects in BC and Yukon
+ Add value through systematic project advancement
+ Evaluate additional projects for possible acquisition
👇🧵
+ 2 main assets:
1/ 3TS asset in British Columbia
2/ BOULEVARD asset in Yukon
1/ 3TS asset in British Columbia
2/ BOULEVARD asset in Yukon
3TS asset in British Columbia
+ 11 different zones
+ Only 2 zones explored: Tommy and Ted-Mint veins
+ 2 zones contain 522KOZ AU and 14MOZ AG
+ At high-grade 3.64GT AU and 96.26GT AG
+ Drilling to infill between Tommy and Ted-Mint veins
+ Adding OZ AU and AG at almost no cost
+ 11 different zones
+ Only 2 zones explored: Tommy and Ted-Mint veins
+ 2 zones contain 522KOZ AU and 14MOZ AG
+ At high-grade 3.64GT AU and 96.26GT AG
+ Drilling to infill between Tommy and Ted-Mint veins
+ Adding OZ AU and AG at almost no cost
+ Many holes only 50-75m from surface
+ Good for cheap open pit mining
+ Easy access to highway and roads
+ Good metallurgy: 97.3% AU & 94.9% AG recovery
+ Consistent results over 3TS
+ Yellow = faults and Red = gold veins
+ Good for cheap open pit mining
+ Easy access to highway and roads
+ Good metallurgy: 97.3% AU & 94.9% AG recovery
+ Consistent results over 3TS
+ Yellow = faults and Red = gold veins
+ Situated 16km from Blackwater
+ Blackwater is Artemis Gold Project
+ Is monster deposit: 11.7MOZ AU, 122MOZ AG
+ Artemis is a $800M company
+ Blackwater is in construction phase
+ BUT IGO has higher grade, and is very close
+ Backwater could benefit from IGO's high grade
+ Blackwater is Artemis Gold Project
+ Is monster deposit: 11.7MOZ AU, 122MOZ AG
+ Artemis is a $800M company
+ Blackwater is in construction phase
+ BUT IGO has higher grade, and is very close
+ Backwater could benefit from IGO's high grade
+ As only 2 of 11 zones have been explored
+ Likely that IGO resources will top 1MOZ AU
+ Would make it a BUY-OUT candidate for Artemis
+ Artemis $800M, IGO $10M
+ Likely that IGO resources will top 1MOZ AU
+ Would make it a BUY-OUT candidate for Artemis
+ Artemis $800M, IGO $10M
BOULEVARD asset in Yukon
+ Adjacent to Coffee project of Newmont
+ Newmont invested $401M in project in Dec 2022
+ Coffee holding 1.15MOZ AU
+ If they buy Boulevard they can expand project
+ Newmont holds 16% of IGO shares
+ IGO CEO staked the Coffee project
+ Adjacent to Coffee project of Newmont
+ Newmont invested $401M in project in Dec 2022
+ Coffee holding 1.15MOZ AU
+ If they buy Boulevard they can expand project
+ Newmont holds 16% of IGO shares
+ IGO CEO staked the Coffee project
+ Would make it a BUY-OUT candidate for Newmont
+ Artemis $37600M, IGO $10M
+ Boulevard is also 35km South of Golden Saddle project of Kinross
+ Artemis $37600M, IGO $10M
+ Boulevard is also 35km South of Golden Saddle project of Kinross
+ Significant drill intercepts at Boulevard:
- 7.23GT AU over 12.2m,
- 26.27GT AU over 3.1m,
- 27.90GT AU over 1.5m
- 7.23GT AU over 12.2m,
- 26.27GT AU over 3.1m,
- 27.90GT AU over 1.5m
What are the Catalysts ?
+ News coming via drilling assays
+ Cheap OZ added ($1.3M for 5000m drill)
+ New 5000m drill program in 2023 Q1
+ Drilling possible all year (accessible)
+ Buyout target for Artemis, Newmont, Kinross
+ If resources top 1MOZ AU then buy-out is likely
+ News coming via drilling assays
+ Cheap OZ added ($1.3M for 5000m drill)
+ New 5000m drill program in 2023 Q1
+ Drilling possible all year (accessible)
+ Buyout target for Artemis, Newmont, Kinross
+ If resources top 1MOZ AU then buy-out is likely
+ CEO: Randy Turner
+ Veteran geologist with 50 years experience
+ Very familiar with both BC and Yukon areas
+ Numerous past successes under his belt
+ Smart money: Newmont 16.2%, New Gold 5%, Dan Oliver
+ Management holds 7% of the shares
+ Veteran geologist with 50 years experience
+ Very familiar with both BC and Yukon areas
+ Numerous past successes under his belt
+ Smart money: Newmont 16.2%, New Gold 5%, Dan Oliver
+ Management holds 7% of the shares
+ Extremely undervalued at MC $10M.
+ Many peers trading at 5X-7X
+ MC is backed by resources
+ CEO believes IGO has MOZ AU deposit
+ Adding cheap OZ via cheap drilling
+ Top-notch management
+ Artemis, Newmont, Kinros can all be interested
+ Likely to go much higher
/END
+ Many peers trading at 5X-7X
+ MC is backed by resources
+ CEO believes IGO has MOZ AU deposit
+ Adding cheap OZ via cheap drilling
+ Top-notch management
+ Artemis, Newmont, Kinros can all be interested
+ Likely to go much higher
/END
Correction: Newmont $37600M, IGO $10M
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