Investor Presentation
posted on
Jun 05, 2013 04:42PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Not sure that accurate information is being cited on this board about Tyhee's plans. For example, only production at Clan Lake begins in 2019, the Ormsby site is expected to be producing long before that. Further, financing is expected for Q3 2013 and that is pushed back? Well, Q3 begins in about 3 weeks. I attach the page below which outlines these developments for clarity. Are people taking information from the Stockhouse Bullboard? If so, don't believe any of it. Get the originals direct from source. Ike
WHAT WE’VE ACCOMPLISHED SINCE LAST YEAR • Completed an Independent Feasibility Study (August 2012) • Pushed DAR Process to First Round of Information Requests (IR’s) • Worked with Vendors on Equipment Costs (Finning and SMS) • Began Final Engineering process with Lyntek WHAT WE EXPECT TO DO IN THE NEXT 12 MONTHS • Obtain Short Term Financing and Finalize Route for Overall Project Financing • Finalize DAR (EA) Process and Move into Regulatory Phase • Continue Final Engineering (Lyntek & Knight Piésold) to 50% level or better • Conducting Additional Metallurgical Work on Nicholas Lake Ore • Sign MOU with Deton’Cho and Continue to Pursue Finalizing Agreements and Partnerships with First Nations (Yellowknives). 2014-2016 • Final Engineering Completed in late 2014 • Construction Begins in 2015 • Attract and Hire Construction and Operations Team. • Complete Regulatory Phase in 2014 • Drill & Develop Clan Lake (Production Goal of 2019)