Hunter Dickinson
Hunter Dickinson September 10, 2010 Show printable version of 'Historical Performance' item in a New WindowEmail 'Historical Performance' item to a friend
A A A
Hunter Dickinson



Historical Performance
Over the years, the outstanding success of the Hunter Dickinson group has enabled it to raise funds to acquire and develop projects, even during times when the market was at a downturn. Our enviable track record also enables us to acquire projects not available to other exploration and development groups.

Established in 1985, the predecessor to the Hunter Dickinson that we know today was formed by Robert Hunter and Robert Dickinson. The two principals founded North American Metals, which partnered with Chevron Canada in the development of the Golden Bear mine near Dease Lake, British Columbia. Three years after North American Metals was forged, the company's shareholders decided to sell to Homestake Canada in 1988. The takeover provided shareholders with a return of 900% in less than three years.

In the same year, Continental Gold Corp. began operations. The company found and explored the Mount Milligan gold-copper porphyry deposit near Mackenzie, in central British Columbia and advanced the project to the permitting stage when major mining company Placer Dome Inc. offered to buy the company. Continental Gold shareholders accepted an offer of C$20 per share in 1990, an increase of 1,800% over two years.

The Hunter Dickinson group was instrumental in the development of the Kemess gold-copper porphyry deposit located in northern British Columbia. Under the aegis of El Condor Resources, the Kemess project reached the permitting stage when Royal Oak purchased the company in 1996. Sold at C$7 a share, investors earned a substantial return -- more than 1,450%.

Some companies have established management groups and become independent of the Hunter Dickinson group.

Detour Gold Corporation is focused on advancing the development of its flagship Detour Lake Project. The Detour Lake Project is at the feasibility stage. In December 2007, Detour Gold reported an open pit resource containing 4.8 million ounces of gold in the measured and indicated categories (89.9 million tonnes grading 1.67 g/t) and 3.0 million ounces of gold in the inferred category (63.3 million tonnes grading 1.49 g/t), using a gold price of US$575 per ounce (equivalent to a cut-off grade of 0.64 g/t gold). Detour Gold was listed on the Toronto Stock Exchange in February 2007, and to January 31, 2008 it delivered a return of 521% to shareholders.

Great Basin Gold Ltd. is developing mining assets in two of the world's richest gold environments -- the Witwatersrand Basin of South Africa and the Carlin Trend of Nevada, USA. The company is advancing toward low-cost mid-tier gold production in the near term. Its Hollister Gold Project on the Carlin Trend in Nevada is set to produce in 2008 and the Burnstone Gold Project in South Africa is expected to begin production in 2009. Great Basin Gold was listed on the Toronto and American Stock Exchanges in 2003. Great Basin's market value increased from C$10 million in 1997 to C$416 million in 2007 when it formally became independent of the Hunter Dickinson group.


 
Disclaimer