The Last Hope

Project Overview

LOCATION

Located in one of the top 20 mining jurisdictions in the world (2017 Fraser Institute Mining Survey).

INFRASTRUCTURE

Lynn Lake, Manitoba is a developed town with strong mining history; Alamos currently advancing the Lynn Lake Project.

MANAGEMENT

Extensive experience in Manitoba (Carlisle Goldfields Ltd. and Satori Resources Inc.)

The Last Hope Property is located approximately 23 km south-east of the town of Lynn Lake in northern Manitoba, Canada.  The Property is approximately centered at latitude 387,000 E and longitude 6,283,000 N and is located approximately 810 km northwest of Manitoba’s capital and largest city, Winnipeg. The Last Hope Property is adjacent to Alamos Gold’s Burnt Timber Property.

The Last Hope Property comprises 15 claims covering an area of 3,513 ha. The Company has an option agreement in place to acquire 100% of the Last Hope Property, subject to a 2% NSR royalty. The fifteen Last Hope claims (3,513 ha) have an annual total of $87,825 ($25/ha) due at various anniversary dates throughout the year. All claims are in good standing.

The Last Hope

Documents

Gold was first discovered at Last Hope in 1937. The Mineral Resource Estimate is based on 219 drill holes of which 15 holes were drilled in 2012 and 204 holes were historical diamond drill holes. Core from most of the historical 204 diamond drill holes is available at the Property. The company’s most recent technical report and presentation are referred to below:

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