Toachi Mining CEO Alain Bureau On High Grade Deposit in Ecuador
“I was born in the mining camps, I’ve seen the ups and downs in the market. Toachi is an asset that is formed by people that have the experience to build the asset. Thus the main focus of Toachi Mining is operating in Ecuador. We are developing a very high grade VMS deposit. It has very easy access, access to water electricity and manpower. It’s very high grade deposit that is composed of gold, silver, copper, zinc and lead. Most of the value of the rock comes from gold and copper. Now we have to find two million tonnes at 13 grams per tonne of gold equivalent. Therefore we discovered that there are many parts of the deposit that hasn’t been touched and discovered. Through the drilling we’ve done, we’ve been able to dramatically increase the tonnage we have. Although we have defined the 42- 101 resource and we’re rolling into a PEA. So, we should be delivering in the first half of this year. At the same time we’re going to be rolling into the second half of the year. Where we’re going to be starting drilling, as we got some great results on the regional exploration. That exposed us to a lot of the metals of which the price is expected to grow during 2019 and 2020.” – Alain Bureau, President & CEO of Toachi Mining
Toachi brought a disciplined team of project managers. Thus, is focused and committed to the development of mineral projects throughout the Americas by using industry best practices combined with a strong social license from local communities. Toachi Mining has 81,166,435 shares issued and outstanding.
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