Nuvau Minerals CEO: Thundermine Gold Adds Upside to Matagami Restart

**Nuvau Minerals (TSXV:NMC,OTCPL:NMCPF) is working to restart base metals production in Québec's Matagami camp. It has owned the camp outright since March after closing its acquisition of the property from Glencore (LSE:GLEN,OTCPL:GLCNF), and that has opened the 1,380 square kilometer property to gold exploration for the first time. **

Speaking at the Precious Metals Summit in Beaver Creek, CEO Christina McCarthy highlighted recent results from the Thundermine target area. Hole TH-26-08 returned 138.87 grams per tonne (g/t) gold over 4.45 meters. TH-26-11, a 50 meter step out, intersected 17.37 g/t gold over 2.4 meters.

Nuvau holds the fully permitted Bracemac-McLeod mine, also on the property, and an option to buy a fully permitted mill for $5 million. That purchase can't go ahead until Glencore submits its closure study to the government. In the meantime, the company is permitting a new tailings facility, which McCarthy said typically takes about two years

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"I believe it'll be somewhere around in 2029 that we're actually … producing and cashflowing," she said.

Watch the full interview with Nuvau Minerals CEO Christina McCarthy above.