- $2.3B Revenue3
- $1.2B Pre-Tax Free Cash Flow3
- $787/oz All in Sustaining Costs (USD)
PureGold is a Growth Company
Our Mandate is pure and simple. To dream big. To colour outside the lines. To use smart science and disciplined creativity to achieve exponential transformative growth, in both size and scale of our multi-million-ounce gold deposit.
Our Growth Strategy is also pure and simple, and financially solid.
Our Phase One Mine is expected to deliver $1.2 billion in pre-tax cash flow to fund (without dilution) our aggressive and highly-successful exploration drilling program along our 7-kilometer-long Gold Corridor.1 More than one million metres of drill results confirm that this Gold Corridor has similar rock, structure, and geology as the famous Red Lake Mine Complex right next door – mines that have produced over 25 million ounces of high grade gold, valued at over USD $50 billion dollars in today’s market.1,3,8
Our World View?
3Based on current metal price of US$1800/oz and US$1 = C$1.33. Free cash flow is pre-tax. This is a non-GAAP performance measure. See “Non-GAAP” Measures and other Financial Measures cautionary language Under ‘Legal Notice’.
8Geological similarities to Evolution Red Lake Mine are not necessarily indicative of the mineralization at the PureGold Mine.