© Copyright – Canyon Gold & Gravel Inc. | Branding by NextPhase Strategy Marketing
© Copyright – Canyon Gold & Gravel Inc. | Branding by NextPhase Strategy Marketing
Located in the municipality of Hope, British Columbia, the mine site covers 160 project acres. It has an estimated project life expectancy of 100+ years based on historic and recent exploration program data removing 250,000 tonnes of gravel per year. Canyon has received its production operating permits from the BC Government, Department of Mines.
Analysts have determined the project has a high probability of success due to the following factors:
Union Bar Gravel Project
Hope, BC
Metro Vancouver
& Fraser Valley
Construction Hub
HWY 1 – 152 km
Hope to Vancouver
along the
Fraser Valley corridor
Union Bar
Gravel Project
Metro Vancouver &
Fraser Valley
Construction Hub
HWY 1 – 152 km
Hope to Vancouver
along the
Fraser Valley corridor
Union Bar
Gravel Project
The City of Hope’s amenities are a 5-minute drive from the property and include: restaurants, shopping, motels, hotels, and a hospital. Local services include fuel, equipment supply and repair, abundant labour pool, as well as BC Hydro at site. Hope is located only 90 minutes from Metro Vancouver and the cities in the Fraser Valley are within 30 minutes.
Transportation is available by truck onsite with access to the Trans Canada Hwy #1, and Highways #3, #5 and #7. And by CP Rail onsite, CN Rail across the river, and by barge facilities within 40 minutes of the site.
These costs are derived by using Blue Book Equipment Rates (All Found Hourly Rates). Production is based on an 8-month season; 20 days per month, 10 hours per day. To meet the production quota of 250,000 MT (metric tonnes), the company will acquire equipment capable of processing 200 cubic yards per hour. The company will assist the Contractor to run an eight-month season avoiding winter conditions, which will reduce labor costs and allow for annual repairs and maintenance. With the proposed production rate, CANYON will stockpile material to ensure year-round sales, 12 months per year.
The Target Market gravel prices range from $15 to $50 plus per metric tonne depending on product and market. Canyon’s sand and gravel are a higher yield river gravel and sand product preferred by cement, construction, and landscaping companies. We are expecting the price for our gravel to be in the $25/metric tonne range.
Gold revenue will be determined by using the Canadian Spot Price as at January 2025, at $3,500 CDN. Gold is projected to maintain value through 2025 at USD 2,900+ or Canadian Spot $4,100 CDN. The January 2025 CDN Gold Spot Price was near $4,000 per ounce. From previous and recent test results management estimates that one tonne of gravel and sand may yield $15 of gold per MT – based on our recent exploration testing by the independent SEPRO Labs.
GOLD INCOME STREAM
GRAVEL INCOME STREAM
TIPPING FEES INCOME STREAM
ADDITIONAL REVENUE
© Copyright – Canyon Gold & Gravel Inc. | Branding by NextPhase Strategy Marketing
© Copyright – Canyon Gold & Gravel Inc. | Branding by NextPhase Strategy Marketing