9 unchanged sentences
The Company would need to see higher gold prices over a sustained period for the Project to be commercially viable.
−Removed: While management is exploring opportunities identified in the Technical Report Summary for optimization and reducing Project costs, there can be no assurance that any such efforts will be successful, that any of the optimization opportunities or cost savings will in fact be realized or that the price of gold will increase sufficiently, and be sustained for a sufficient period, to warrant a decision to develop the Project.
+Added: While management is exploring opportunities identified in the TRS for optimization and reducing Project costs, there can be no assurance that any such efforts will be successful, that any of the optimization opportunities or cost savings will in fact be realized or that the price of gold will increase sufficiently, and be sustained for a sufficient period, to warrant a decision to develop the Project.
No assurance can be given that any level of recovery of ore reserves will be realized or that any identified mineral deposit will ever qualify as a commercial mineable ore body which can be legally and economically exploited.
5 unchanged sentences
We will continue to incur operating losses until the Livengood Gold Project begins to generate sufficient revenues to fund continuing operations, which cannot be assured.
−Removed: The Project is currently in the development stage and, as contemplated in the Technical Report Summary, would generate a minimal positive return at a gold price of $1,680 per ounce.
+Added: The Project is currently in the development stage and, as contemplated in the TRS, would generate a minimal positive return at a gold price of $1,680 per ounce.
Our activities may not result in profitable mining operations and we may not succeed in establishing mining operations or profitably producing metals at the Livengood Gold Project.
−Removed: We face various risks related to health epidemics, pandemics and similar outbreaks, which may have material adverse effects on our business, financial position, results of operations and/or cash flows.
−Removed: We face various risks related to health epidemics, pandemics and similar outbreaks, including the global outbreak of COVID-19.
−Removed: The continued spread of COVID-19 has led to disruption and volatility in the global capital markets, which increases the cost of capital and adversely impacts access to capital.
−Removed: If significant portions of the population are unable to work effectively, including because of illness, quarantines, government actions, facility closures or other restrictions in connection with the COVID-19 pandemic, our operations will likely be impacted.
−Removed: In addition, our costs may increase as a result of the COVID-19 outbreak.
−Removed: These cost increases may not be fully recoverable or adequately covered by insurance.
−Removed: It is possible that the continued spread of COVID-19 could also adversely affect our business partners, delay our plans to advance the Livengood Gold Project or cause other unpredictable events.
−Removed: We continue to work with our stakeholders to address this global pandemic responsibly.
−Removed: In addition, we continue to monitor the situation, to assess further possible implications to our business, and to take actions in an effort to mitigate adverse consequences.
−Removed: We cannot at this time predict the impact of the COVID-19 pandemic, but it could have material adverse effects on our business, financial position, results of operations and/or cash flows.
We are a development stage company and have no history producing metals from our properties.
13 unchanged sentences
Our ability to obtain additional financing in the future will depend upon a number of factors, including prevailing capital market conditions, the status of the national and worldwide economy, our business performance and the price of gold and other precious metals.
−Removed: Capital markets worldwide have been adversely affected during the past few years, including in 2021, by substantial losses by financial institutions and market volatility due to the onset of the COVID-19 pandemic, among other things.
−Removed: Failure to obtain such additional financing on favorable terms or at all could result in delay or indefinite postponement of further mining operations or exploration and development and the possible partial or total loss of our interests in the Livengood Gold Project.
+Added: Capital markets worldwide have been adversely affected during the past few years, including in 2022, by substantial losses by financial institutions and market volatility due to the COVID-19 pandemic, among other things.
+Added: Failure to obtain such additional financing on
+Added: favorable terms or at all could result in delay or indefinite postponement of further mining operations or exploration and development and the possible partial or total loss of our interests in the Livengood Gold Project.
Resource exploration is a highly speculative business, and certain inherent exploration risks could have a negative effect on our business.
8 unchanged sentences
Any material changes in these estimates will affect the economic viability of placing a property into production.
−Removed: The mineral resource estimates included in our reports are estimates only and no assurance can be given that any particular level of recovery of minerals will in fact be realized or that an identified reserve or resource will ever qualify as a commercially mineable (or viable) deposit which can be legally and economically exploited.
+Added: The mineral resource and reserves estimates included in our reports are estimates only and no assurance can be given that any particular level of recovery of minerals will in fact be realized or that an identified reserve or resource will ever qualify as a commercially mineable (or viable) deposit which can be legally and economically exploited.
The estimating of mineral resources and mineral reserves is a subjective process and the accuracy of mineral resource and mineral reserve estimates is a function of the quantity and quality of available data, the accuracy of statistical computations, and the assumptions used and judgments made in interpreting available engineering and geological information.
15 unchanged sentences
There may be differences in U.S.
−Removed: and Canadian practices for reporting reserves and resources.
+Added: and Canadian practices for reporting mineral reserves and resources.
We currently file resource and reserve estimates with Canadian securities regulators in accordance with NI 43-101 and with the SEC in accordance with subpart 1300 of Regulation S-K.
24 unchanged sentences
The Livengood Gold Project is located in the United States, with most costs associated with the Project paid in U.S.
−Removed: dollars, and the Company maintains its accounts in Canadian and U.S.
+Added: dollars, and the Company maintains accounts in Canadian and U.S.
dollars, making it subject to foreign currency fluctuations.
173 unchanged sentences
The Company may issue securities on less than favorable terms to raise sufficient capital to fund its business plan.
−Removed: Any transaction involving the issuance of equity securities or securities convertible into common shares would result in dilution, possibly substantial, to present and prospective holders of common shares, could adversely affect the trading prices of our common shares and could impair our ability to raise capital through future offerings of securities.
+Added: Any transaction involving the issuance of common shares or securities convertible into common shares would result in dilution, possibly substantial, to present and prospective holders of common shares, could adversely affect the trading prices of our common shares and could impair our ability to raise capital through future offerings of securities.
We have never paid dividends on our common shares .
17 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.