Armex plans to develop multiple mining projects in British Columbia through to production while expanding resources through exploration, starting with our Goldstream Mine, followed by our Yankee Dundee gold project.  Since this Goldstream has an existing mill and tailings facility, an existing underground resource which is already developed, and existing permits, we expect the mine can be  returned to production very quickly.   The exploration targets on  which have been identified at Goldstream also offer an excellent opportunity for expansion and discovery of new mineralization .   

 

Our Yankee Dundee project offers the potential of near-term cash flow from its gold-bearing stockpiles  at surface as well as the  opportunity to delineate and underground resource from mineralization identified through prior drilling.  Both projects offer the prospect of very high grade and the benefit of extensive existing underground workings.

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We expect  revenue from these projects will allow us to to acquire additional properties to expand our resource base and provide additional feed for our mill,  generating additional revenue for further growth and expansion.

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Armex expects these projects will allow it to rapidly expand its asset and revenue base, generating significant long term growth and employment in British Columbia while making a substantial contribution to the BC economy and beyond.