- Joint Venture Restructuring: In December 2024, the Company acquired full ownership and legal title to the Douay property following a joint venture restructuring with Agnico Eagle Mines.
- Premier Mining Jurisdiction: Located in Québec, Canada, one of the world’s most favorable mining jurisdictions.
- Established Gold Resource: Defined by SLR in March 2022.
- Encouraging Metallurgy: Past studies (2005 & 2017) show >89% gold recoveries from combined gravity-flotation-leach process.
- Minimal Royalties: Project is virtually royalty-free, with only a 1% NSR to IAMGOLD covering 11.9 km² and 2% NSR each to Agnico Eagle and Maple Gold.
- Excellent Infrastructure: Located in a well-developed mining region with access to essential infrastructure. Existing surface infrastructure on the property constructed by Aurizon in the late 90’s including a mine headframe and mine hoist.
- District-Scale Potential: A ~357 km² land package offering significant resource expansion and discovery opportunities.
