The Company is actively pursuing mine permits for its Golden Mile and Scarlet North properties. Golden Mile was added to the government’s Fast-41 Transparency Project’s dashboard with a listed permit target date in 2027. The Company engineered a modular processing plant designed for the project and has taken delivery of the plant along with other related equipment to support project development post permit acquisition. The modular plant is designed to take gold to the carbon stage, whereby the gold infused carbon is then trucked to the Company’s Isabella Pearl facility for final processing.
Scarlet North is located approximately 700 meters from the Isabella Pearl processing facility. The Company is delineating and designing an initial open-pit at Scarlet North, from which to haul direct shipped mineralization and leverage the Isabella Pearl facilities for doré production.
