Harmony Gold Corp. is one of the newest companies to list on the TSX Venture Exchange. Harmony Gold was created by some of the top mining people in the industry with a combined experience of over 150 years. Harmony Gold has assembled a diversified board of directors capable of discovery, development and operations. Harmony Gold will expose shareholders to near-term cash flow and also provide growth through M&A.
Over the next twelve months, Harmony Gold will focus 100% on the Lucky Shot Gold Mine just 60 miles north of Anchorage, Alaska. With all infrastructures in place, Harmony intends to be in production within the next 13 months. The underground nature of the mine allows Harmony to produce year-round. The mine will produce 250 TPD and our intent would be to reach commercial operations with no debt. The average grade of past production was one OPT.
Once operations commence at the Lucky Shot, Harmony will then leverage its' cash flow to access larger mines to increase production. Over the next 24 months, Harmony Gold will become a premier gold producer.