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Lac Gold ltd

Lac Gold ltd Email Formats

Oil, Gas, and MiningFlag of AUPerth, Western Australia, Australia1-10 Employees

Key Contact at Lac Gold ltd

Flag of AU

Andrew Stocks

Founder and Director

Company overview

HeadquartersPerth, Western Australia, Australia
Website
NAICS21
Founded2024
Employees1-10

About Lac Gold ltd

Lac Gold Limited (LAC) has acquired the Rouyn gold project (100%), a high-grade development asset located on the prolific Cadillac Break in southwestern Quebec – one of the world’s Tier 1 gold mining districts. The region hosts multi-million-ounce gold mines, with major neighbours including Agnico Eagle, IAMGOLD, and Eldorado Gold. Following our planned IPO in H1 2025, we will launch a significant Resource expansion and in-fill drilling program to build on the extensive 400,000+ metres of drilling already completed while advancing environmental, social, and mining permitting. Project Highlights and Strategic Advantage • Prime Location: Situated just four kilometres south of Rouyn-Noranda (population: 45,000), the project benefits from proximity to numerous gold processing plants, an experienced mining workforce, and established infrastructure – including access to the electrical grid, sealed roads (200m from sealed access to the Trans-Canada Highway), and full support services. • Strong Resource Base: Four contiguous deposits along a 6 km gold mineralisation strike (12 km total), each hosting bonanza-grade gold. • Substantial Resource Estimate: The current NI 43-101 Mineral Resource Estimate (April 2023) defines 1.53Moz Au at 3.35 g/t, modelled at US$1,750/oz (compared to a current spot price exceeding US$2,900/oz). • JORC Conversion Underway: ERM is finalising a JORC Mineral Resource Estimate. • Immediate Upside Potential: Our A$16.72 per Resource gold ounce acquisition cost underscores the project's value, with a strong foundation for further growth. We are preparing to commence a substantial drilling program and initiate economic and social studies shortly after the IPO, driving the project toward the next phase of development.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Funding Data

Lac Gold ltd has never raised funding before.

Frequently asked questions

Lac Gold ltd is located in Perth, Western Australia, AU.
Lac Gold ltd was founded in 2024, making it 2 years old. The company has established itself as a significant player in its industry over this time.
Lac Gold ltd has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

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