Terry MacGibbon, executive chairman of TMAC Resources Inc., will speak at Laurentian University in Sudbury on Nov. 2.
MacGibbon will deliver a talk entitled ‘A Historical Review and Case Study of Four Successful Mining Companies from Startup Through Production’ as part of the Goodman School of Mines Lecture Series.
Free to attend, the lecture will take place at Laurentian’s Fraser Auditorium at 7 p.m.
Toronto-based TMAC Resources owns property, totalling 1,101 square kilometres, in the Hope Bay Greenstone Belt in the Kitikmeot region of Nunavut.
It acquired the Doris, Boston and Madrid gold deposits from Newmont Mining in 2013, and signed land tenure agreements with the Kitikmeot Inuit Association and Nunavut Tunngavik Inc. in March 2015.
The deposit has established measured and indicated mineral resources totaling approximately 4.91 million ounces of gold at an average grade of 8.6 g/t gold, and inferred mineral resources totaling approximately 1.694 million ounces of gold at an average grade of 7.1 g/t gold, and with recently established proven and probable mineral reserves totaling approximately 3.6 million ounces of gold at an average grade of 7.7 g/t gold.
TMAC poured its first gold from the Doris property in February and went into commercial production in May.
