Page 32 Contd on pg 33 The main building is 100 smoke free however smoking rooms are available in a separate annex The KL Inn Suites is the only full service hotel in the Kirkland Lake area where the road ends and relaxation begins Located in the heart of our community our property is within walking distance to a variety of downtown shops restaurants offices and convenience stores Pappys Restaurant is now open daily effective October 1 2013 50 Government Road E Kirkland Lake ON P2N1A5 8668352352 By Gregory Reynolds A junior gold producer has faith in the role of the yellow metal as a store of value for investors and has devised a strategy to ride out the present storm of uncertainty buf feting its price W ade K Dawe chairman and CEO of Brigus Gold Corp took the unusual step in August of writing sharehold ers to share his perspective on what s occurred in the gold sector while re viewing progress at Brigus and out lining its strate gy and outlook for the quarters ahead Dawe said regardless of the short term volatility over the past few months we at Brigus remain steadfast in our belief that gold will continue to play a very important role as a store of value for investors W e believe high quality gold mining companies will prove to be a worth while investment for years to come During a time when the world s major paper currencies are being systemati cally debased as a result of unprec edented central bank policies gold will continue to be accumula ted as a hard asset of choice by many of the world s smartest investors and gold mining companies with a prudent strategy will be major benefciaries At Brigus our underlying fundamen tals are strengthening and we are intently focused on positioning the company to deliver strong operating results and positive shareholder re turns in the current gold price envi ronment he said The company operates the wholly owned Black Fox Mine and Mill in the T immins Gold District of Ontario The Black Fox Complex encompass es the Black Fox Mine and adjoining properties in the T ownship of Black River Matheson Brigus also owns the Goldfelds Proj ect loca ted near Uranium City Sas katchewan In the Dominican Repub lic Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects In Mex ico Brigus owns the Ixhuatan Project located in the state of Chiapas On Oct 16 Brigus announced the deepest intersection drilled to date at Black Fox Hole GF 45401W in tersected 4071 grams per tonne gold over 2675 metres including 10320 grams per tonne gold over 835 me tres This test hole was drilled from un der ground and intersected Black Fox mineralization at approximately 700 metres vertical from surface extend ing the west zone by an additional 300m at depth Recently the company engaged in a limited drilling program to test the down dip exten sion of the Black Fox orebody Orebodies in the region along the Destor Porcupine Fault often extend to depths of more than 1000 metres The Black Fox orebody remains open for expansion both laterally and at depth This high grade test hole along with under ground exploration holes drilled earlier this year indicate the continuity of the Black Fox deposit both down dip and along strike said Howard Bird Brigus senior vice president of exploration W e are very encouraged by the high grades and thic kness of ore intersect ed in 2013 In 2014 our exploration team will focus on infll and expan sion drilling from under ground to increase the gold reserves and life of mine at Black Fox Brigus is increasing production guid ance from 90000 100000 to 95000 105000 ounces of gold at a per ounce cash cost between 650 700 for 2013 T otal net income for the frst six months of 2013 was 9 million Second Quarter 2013 Financial High lights were Brigus develops a 5 point plan to handle gold fuctuations