Hinterland holds a portfolio of primarily gold projects including 10 properties in Quebec and one property in Ontario. The Company explores for its own account. Hinterland also derives revenue and furthers exploration or development by farming out mineral property interests in whole or in part to other exploration companies for a mix of cash, shares and work expenditure commitments. All of Hinterland’s current properties are available of option, sale or joint venture. Please contact Mark Fekete, President and CEO directly at Mobile 819-354 5244 about acquiring an interest in any of the Company’s projects.
Hinterland is an exploration company and unequivocally not a producer. However its guiding principle when selecting projects is a realistic path to production. Hinterland’s mandate is to develop exploration properties to the point where they are attractive to a mining company that has the administrative, financial, technical and operational capacity to put a gold deposit into production. Val-d’Or where Hinterland is based has surplus milling capacity at a number of facilities, and an extensive road network for hauling ore to these mills. Hinterland does not need to discover and develop a “world-class” gold mine. It only needs to define sufficient gold reserves that are attractive as an acquisition for a mining company with established operational capability in the Abitibi.
Hinterland is currently focused on its “Radius 100” strategy that will also see exploration work carried out at the drill ready Mozart, Guyberry and Tardiff gold projects. These properties all lie within a radius of 100 km and as such are mutually beneficial in terms of operations and logistics. They are all road accessible from Val-d’Or.
In the longer term, Hinterland will continue to generate and explore projects in other areas of Quebec where there is a clear path to production. This work will include the Skyfall Gold project located near Osisko Mining’s advanced Windfall Gold project in the Barry-Urban Greenstone belt. It will also include the four projects in the Eeyou Istchee James Bay area where Goldcorp’s Eleonore gold mine produced 305,000 ounces of gold in 2017 at an all-in sustaining cost of US$1,095 per ounce. With reserves of 7.13 million ounces Eleonore promises to anchor gold production in the Eeyou Istchee James Bay area for many years.