16 Ont ari O Mining and expl O ra ti O n direct O r y and res O urce guide 20 20 The dominant pla y er in the ar ea is Wesdome G old Mines with the 3000000plus ounce Au Moss Lak e deposit In 2016 Wesdome consolida t ed pr oper ties adjacent to the Moss Lak e deposit incr easing their f o otprint in the ar ea Curr ently T ashota Resour ces Inc along with associa ted companies thr ough joint dir ec tors is in v olv ed in a pr olifc gold copper zinc pla y a t She bando w an T ashota and par tners con tr ol o v er 44000 acr es in the Sheband o w an Gr eenstone Belt r epr esenting the most signifcant land position in the gold camp C harles Elb ourne pr esident dir ec tor and CEO of T ashota Resour ces Inc sa ys his appr oach to acquiring She bando w an among other pr oper ties such as Hemlo is lo wk e y Its tak en o v er eight y ears to acquir e all these pr oper ties in the Shebando w an Gr eenstone b elt and Hemlo G old C amp By sta ying priva te and not going public T ashota sa v ed a lot of mone y f or our shar eholders Elb ourne sa ys According to Ernst Y oungs la test stud y 49 mining and metals companies delisted fr om the TSX and TSX V in 2014 and a fur ther 172 companies del isted in 2015 Y ou ha v e to acquir e the right pr op er ties the right people then pr o vide the right str uc tur e on each deal he sa ys Elb ourne r ecalls w aiting f or pr op er ties to come open or option a t She bando w an and Hemlo sta ting his phi losoph y is TEO targeted e xplor a tion oppor tunit ies seeking out oppor tuni ties wher e others ga v e up due to bad mark et conditions mismanagement or lack of ongoing fnancing He uses the triangle metho d which f ocuses on thr ee points pr oper t y peo ple and str uc tur e Man y will argue tha t the most crit ical par t of the triangle metho d is peo ple frst then pr oper t y and str uc tur e Elb ourne disagr ees with this appr oach wh y w ould kno wledgea ble geologists and pr ospec tors b e inter ested in w ork ing claims without an y merit or a t least some history unless the y ar e just lo ok ing f or w ork Instead the appr oach should b e to acquir e a pr oper t y with a go o d history go o d r esults and pr ef er a bly right b e side an e xisting deposit this will dr a w e xperienced geologists and pr ospec tors and tak e a w a y some of the risks The b ear mark et in gold o v er the past eight y ears has pr o vided this oppor tunit y Ne xt get pr ospec tors and geolo gist s tha t ar e specifcally r ela ted to the immedia te ar ea of acquisition In this case T ashota has b een v ery f or tuna te in acquiring tw o nota ble pr ospec tors Russell K wia tk o wski original disco v er er of Lar ose and Sungold pr oper ties in Shebando w an and Rud y Wahl w ell kno wn f or signifcant disco v eries and v ery f amiliar with the Hemlo G old C amp and surr ounding ar eas Both gentlemen ha v e r eceiv ed man y a w ards fr om Pr ospec tor of the Y ear to Lif etime Achie v ement Aw ards in Mining Wahl w as a w arded an honor