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5. CBay Minerals: Steps To Value Reali
2013
Feasibility study on first mine (most likely Corner Bay) to
production (500 TPD-1,000 TPD) during year
Develop sufficient resources to feed, partially or fully, 3,
Initially custom milling to increase to 1,000-1,500 TPD
Raise debt/equity to put first mine back into production
TSX:NWI
2014
First mine in production for full year (Corner Bay)
Feasibility on second mine to put back into production (
Cedar Bay)
Raise debt/equity for second mine to be in production
Production level 1,000 TPD from CBay mines