Creating a New High-Growth Gold Producer
Stratabound Announces Positive PEA for Fremont Gold Project; 11 Year Mine Life with Average Annual Production of 118,000 Gold Ounces at an AISC of US$1,162/oz and an After-Tax NPV5% of US$217M
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Stratabound Minerals Corp. is a Canadian mineral development company developing its recently acquired advanced-stage Fremont Gold Project in the Mother Lode Gold Belt of California. The Project features an NI 43- 101 Mineral Resource estimate of 526,000 ounces at an average grade of 1.60 g/t gold in the Indicated plus 452,000 ounces at an average grade of 1.29 g/t gold in the Inferred Mineral Resource categories encompassing two historic high-grade U/G gold mines. It also hosts 3 additional undeveloped gold occurrences across 4-km of strike along the prolific Mother Lode Gold Belt.
The Company has acquired the option rights to the Golden Culvert Project, Yukon located approximately 20 kilometres northeast of Seabridge Gold Inc.’s 3 Aces and Aben Resources Justin high grade gold projects in the southeast Yukon Territory.
The company has an option to acquire 100% of the McIntyre Brook Project, New Brunswick, an exciting new iron oxide-copper-gold (IOCG) exploration project in another new developing Maritime Gold District that has been overlooked for such targets despite mounting evidence of similar geological opportunity for such world class deposit types as Olympic Dam, Australia and Candelaria, Chile.
The Company also holds 100% ownership of the Captain Copper-Cobalt-Gold-Silver Deposit in the prolific Bathurst base metal district of New Brunswick, Canada for which an NI 43-101 resource estimate remains open along strike and dip.
The management team and Board is well experienced in mineral exploration world-wide and has a strong background of successfully developing, building and operating small through large scale mining operations.
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