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echo resources - Initiation Report

9 Videos - Jun 2017


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Summary - Initiation Report

Echo Resources is an ASX listed gold exploration and development company that has commenced an aggressive exploration program across their holdings in the highly prospective Yandal greenstone belt in Western Australia. Echo also owns the Bronzewing facility, including a 2 Mtpa processing facility, enabling a significant reduction in future capital expenditure when a decision to commence production is made.  This analysis includes:

  • Valuation, investment & risk assessment;
  • Virtual site trip - Bronzewing project; and
  • Exploration analysis.

TSI Analysis - Valuation Analysis

Valuation for Echo Resources of $0.34 / share, with a focus on:

  • Production & mine life assumptions;
  • Capital and operating cost assumptions; and
  • Gold price.

TSI Analysis - Investment Analysis

Examining Echo as an investment opportunity and highlighting key aspects we believe will underpin the companies long-term success.  This includes:

  • The three pronged exploration strategy
  • Existing Infrastructure
    •   Low capex
    • Short payback
  • Gold price

TSI Analysis - Risk Analysis

The key risks we currently associate with a potential investment in Echo Resources, including:

  • Historical legacy
  • Funding

Operations - Virtual Site Trip

Echo is the dominant tenement holder in the highly prospective Yandal greenstone belt in Western Australia, as well as owner of the Bronzewing 2Mtpa processing facility and associated infrastructure. This video examines: 

  • The advanced deposits in the Echo portfolio of gold asset; 
  • The three pronged exploration strategy; and
  • The Bronzewing processing facility and associated infrastructure at site.

Operations - Bronzewing – History & strategy towards production

  • The Bronzewing project is a historical gold operation.
  • Management provided us with reasons why the operation closed and how Echo’s strategy towards gold production is different.

Exploration and Development - Julius deposit – History, geology & exploration strategy

Interview with Echo to discuss the geology, exploration strategy & highlight recent drill results:

  • The Julius deposit is located 80km from the Bronzewing facility and has a reserve and resource of 68,000 and 335,000oz Au respectively.
  • The project is a shallow, high grade deposit and will form part of Echo’s initial production strategy.

Exploration and Development - Orelia deposit – History, geology & exp strategy

Interview with Echo to discuss the geology, exploration strategy & highlight recent results:

  • The Orelia deposit is located 8km from the Bronzewing facility and has historical operation produced just under 400,000oz Au.
  • The deposit has a current resource of 349,000 oz Au.
  • Also discuss the potential change in strategy for mining the deposit compared to the historical operation.

Exploration and Development - Empire District – History, geology & exp strategy

Interview with Echo to discuss the geology, exploration strategy & highlight recent results

  • The Empire district is 30km South of the Julius deposits.
  • The region was originally identified by Newmont before 2004, however no limited follow up work has been completed since.

All Videos for echo resources - Initiation Report

Summary

Initiation Report

Echo Resources is an ASX listed gold exploration and development company that has commenced an aggressive exploration program across their holdings in the highly prospective Yandal greenstone belt in Western Australia. Echo also owns the Bronzewing facility, including a 2 Mtpa processing facility, enabling a significant reduction in future capital expenditure when a decision to commence production is made.  This analysis includes:

  • Valuation, investment & risk assessment;
  • Virtual site trip - Bronzewing project; and
  • Exploration analysis.

TSI Analysis

Valuation Analysis

Valuation for Echo Resources of $0.34 / share, with a focus on:

  • Production & mine life assumptions;
  • Capital and operating cost assumptions; and
  • Gold price.

Investment Analysis

Examining Echo as an investment opportunity and highlighting key aspects we believe will underpin the companies long-term success.  This includes:

  • The three pronged exploration strategy
  • Existing Infrastructure
    •   Low capex
    • Short payback
  • Gold price

Risk Analysis

The key risks we currently associate with a potential investment in Echo Resources, including:

  • Historical legacy
  • Funding

Operations

Virtual Site Trip

Echo is the dominant tenement holder in the highly prospective Yandal greenstone belt in Western Australia, as well as owner of the Bronzewing 2Mtpa processing facility and associated infrastructure. This video examines: 

  • The advanced deposits in the Echo portfolio of gold asset; 
  • The three pronged exploration strategy; and
  • The Bronzewing processing facility and associated infrastructure at site.

Bronzewing – History & strategy towards production

  • The Bronzewing project is a historical gold operation.
  • Management provided us with reasons why the operation closed and how Echo’s strategy towards gold production is different.

Exploration and Development

Julius deposit – History, geology & exploration strategy

Interview with Echo to discuss the geology, exploration strategy & highlight recent drill results:

  • The Julius deposit is located 80km from the Bronzewing facility and has a reserve and resource of 68,000 and 335,000oz Au respectively.
  • The project is a shallow, high grade deposit and will form part of Echo’s initial production strategy.

Orelia deposit – History, geology & exp strategy

Interview with Echo to discuss the geology, exploration strategy & highlight recent results:

  • The Orelia deposit is located 8km from the Bronzewing facility and has historical operation produced just under 400,000oz Au.
  • The deposit has a current resource of 349,000 oz Au.
  • Also discuss the potential change in strategy for mining the deposit compared to the historical operation.

Empire District – History, geology & exp strategy

Interview with Echo to discuss the geology, exploration strategy & highlight recent results

  • The Empire district is 30km South of the Julius deposits.
  • The region was originally identified by Newmont before 2004, however no limited follow up work has been completed since.
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