Episodes
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Interview with Alexandra Woodyer Sherron, President & CEO of Empress Royalty Corp. (TSX-V:EMPR)
Our previous interview: https://youtu.be/B54A_w1C0J4
Recording date: 18th July 2023
Empress Royalty, a company specializing in royalty and streaming creation, presents investors with a well-rounded portfolio of gold and silver investments. Since their public listing in December 2020, the company has shown continuous growth by actively investing in development and production stage projects of mining companies requiring non-dilutive capital, thereby building a solid portfolio of precious metal investments.
The organization prides itself on implementing a financially disciplined approach to invest in cost-effective operations with experienced management teams that exhibit high growth potential. This strategic model allows Empress Royalty to leverage the stable cash flow and long-term capital gains from their streaming and royalty investments, facilitating constant revenue generation and value creation for their shareholders. As part of their strategic partnerships, Empress Royalty is delighted to collaborate with Endeavour Financial and Terra Capital, both of which enhance Empress Royalty's access to global investment opportunities. In addition to broadening the investment horizon, these alliances also infuse unique mining finance expertise, sophisticated deal structuring, and capital market accessibility into Empress Royalty's operations.
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Interview with Darren Townsend, CDO of Neometals (ASX: NMT)
Our previous interview: https://youtu.be/JoAZ_iz8ADM
Recording date: 18th July 2023
Neometals is a pioneering Minerals and Advanced Materials project development company, dedicated to sustainable battery materials production. With a forward-thinking approach to circular economic principles, the company has created an array of green battery materials processing technologies designed to lessen dependence on traditional mining and processing methods. At the heart of the company's innovative strategies are three core battery materials businesses, each of which is commercialising proprietary, low-cost, and low-carbon process technologies through incorporated joint ventures.
Among these businesses, the Lithium-ion Battery ("LIB") Recycling division, a joint venture with global plant builder SMS group, offers a commercial disposal service, producing valuable materials like nickel, cobalt, and lithium from production scrap and end-of-life LIBs. Another venture is the Vanadium Recovery business, aimed at producing high-purity vanadium pentoxide from steelmaking by-product ("Slag"). Lastly, the Lithium Chemicals division focuses on producing battery-quality lithium hydroxide using the patented ELi™ electrolysis process. Additionally, Neometals oversees the Barrambie Titanium and Vanadium Project, boasting one of the world's highest-grade hard-rock titanium-vanadium deposits. In all its ventures, Neometals is reshaping the way the world perceives and uses mineral resources.
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Missing episodes?
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Interview with Aneel Waraich, Exec. VP of Steppe Gold (TSX:STGO)
Steppe Gold, the leading precious metals firm in Mongolia, initiated production in 2020, and it's predicted to generate 160,000oz of gold from the currently active oxide zone in its wholly-owned, principal ATO Gold Mine. The company recently revised its ATO Phase 2 enlargement project to approximately 103,000oz of gold, which includes a 12-year mining lifecycle, leading to a total duration of 14 years until 2036, at an AISC of roughly US $850.
As part of its growth strategies, Steppe Gold has entered into a definitive agreement to purchase Anacortes Mining. This acquisition will catalyze Steppe Gold's evolution into a diverse asset, multi-jurisdictional gold corporation with existing production and developing projects in both Mongolia and Peru - two of the world's most promising yet largely unexplored gold provinces. The newly amalgamated entity is projected to have a potential development profile of over 200,000oz and a gold resource base surpassing 4.5Moz.
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Interview with Philippe Cloutier, President & CEO of Cartier Resources (TSX-V:ECR)
Our previous interview: https://youtu.be/_2_8x8qBsq8
Recording date: 21st July 2023
Established in 2006, Cartier Resources Inc. is a Val-d’Or-based firm that specializes in the exploration of advanced gold projects. All of the company's ventures are situated in Quebec, a location renowned globally as one of the leading mining jurisdictions. Cartier is presently propelling the progression of its primary venture, the Chimo Mine Project. With a cash standing of over $2.5 million, the company enjoys substantial corporate and institutional support, counting among its endorsers Agnico Eagle Mines, O3 Mining, and several Quebec investment funds.
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Interview with Oliver Turner, Executive Vice President of Corporate Development of Karora Resources (TSX: KRR).
Our previous interview: https://youtu.be/9GRXi4LuRi0
Recording date: 20th July 2023
Karora Resources is a diversified mineral resource corporation primarily devoted to securing, scrutinizing, assessing, and enhancing properties rich in precious metals. Its aspiration is to transform into a top-tier, sustainable, and superior mid-level producer.
With an ambitious growth blueprint in motion, Karora intends to augment its predicted yearly gold output to roughly 200,000 ounces by 2024, marking a significant increase from the 2020 production levels. Concurrently, it aims to lower expenses at its interconnected Beta Hunt Gold Mine and Higginsville Gold Operations, both located in Western Australia. The Higginsville processing facility, a cost-effective plant with a capacity of 1.6 Mtpa, receives full-capacity feed from both Karora's subterranean Beta Hunt mine and the Higginsville mines.
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Join Joanne Jobin, known as the Queen of the North, as she reflects on the recent success and growth of a mining event in Quebec City. Discover how the conference experienced a remarkable 100% increase in attendance within a year, leading to the announcement of new dates and a larger venue. Joanne shares insights on the upcoming conference, which aims to attract global companies and investors, and discusses her vision for expanding the event's reach while giving back to the industry and supporting women in developing countries. Tune in to learn more about the exciting developments and plans for the future
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Interview with Sapan Ghai, Chief Commercial Officer of Sovereign Metals (ASX: SVM)
Our previous interview: https://youtu.be/zUs0Pzn0bRk
Recording date: 19th July 2023
Sovereign Metals, a company dedicated to mineral exploration and development, owns and operates a highly prospective rutile deposit in Malawi, situated near the capital city, Lilongwe. The company has successfully identified a rutile province of global significance within its extensive Malawian land holdings.
In the heart of Malawi lies Kasiya, known for being the world's largest natural rutile deposit and one of the most substantial flake graphite deposits. Sovereign Metals is on a mission to establish a sustainable operation that can supply the high-demand natural rutile and graphite to international markets.
In June 2022, an Expanded Scoping Study (ESS) validated Kasiya's potential to become one of the world’s largest and most cost-effective producers of natural rutile and natural graphite. The study also highlighted that the global warming potential is significantly lower than other existing and planned operations.
Sovereign Metals is currently progressing with an advanced Pre-feasibility Study (PFS) for Kasiya, which will augment the initial findings of the ESS. The results of the PFS are expected to be announced in the coming months.
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Recording date: 13th July 2023
What’s been happening
We will soon have two US-listed SMR developers. Oklo, an Advanced Fission Technology Company announced they will Go Public via a Merger with AltC Acquisition Corp. a special purpose acquisition company chaired by Sam Altman. The combined company will operate as Oklo and is expected to be listed on the New York Stock Exchange under the ticker “OKLO.”
The West has received its first boost in enrichment capacity after Urenco approved an investment to expand enrichment capacity by 0.7M SWU at their US site in New Mexico.
Closer to home (for Bannerman, at least) Rossing Uranium mine in Namibia announced that they would be switching to contract mining rather than owner operator, as part of its plan to extend production out to 2036. Beifang Mining Technology Services Namibia, will start mining Rossing Phase 4 in 2027. Approximately 400 employees will need to find work with the new mining contractor or other mines.
Winner of the week
Lotus Resources & A-Cap Energy have agreed to merge via a Scheme of Arrangement, under which Lotus will acquire 100% of A-Cap Shares. A-Cap shareholders will receive 1 new Lotus Share for every 3.54 A-Cap shares held on the Scheme record date. The merger combines two uranium projects both located in Africa – a production-ready asset, Kayelekera, with future large-scale growth asset, Letlhakane.
Bungle of the week
The Bungle this week is a collective award to the various parties around the world who are gaining leverage by serving up anti-science fear about the release of Tritium water from Fukushima. This ranges from the usual tired old suspects (anti-nuclear types who long ago forewent any respect for science) to Korean trade unionists.
This is despite an IAEA safety review concluding that Japan’s plan to release treated water stored at the Fukushima Daiichi nuclear power station into the sea are consistent with IAEA Safety Standards.
However, there is a serious side to this bungle as the hysteria may be used as a diplomatic tool by the Chinese, who are not terribly comfortable with the warming of diplomatic relations between Seoul and Tokyo.
Question of the week
‘What do you make of CNUC going back into Niger?’
Tweet of the week
https://twitter.com/fuecks/status/1678349409157775360?s=20
The English translation of his thread follows:
Dear people, I was a (rather active) nuclear opponent for decades. Now it's time to take note of a few facts: No other country shut down its nuclear power plants prematurely in the middle of the climate and energy crisis. The trend is towards extending the term./2
Numerous industrialized countries see nuclear power & renewables as complementary. Massive investments are again being made in R&D for the further development of nuclear energy. Whether this will lead to a new wave of investment remains to be seen. /3
There are still good reasons to decide against nuclear power. But this path is also associated with high costs and risks. Instead of praying down old certainties, we should re-evaluate things. The head is round so that thinking can change direction. /4
Addendum: I am well aware that the share of nuclear power in global electricity production is falling while the expansion of renewable energy is growing exponentially. Nevertheless, in view of climate change, we chose the wrong order with "nuclear phase-out first". /5
The primary goal must be to phase out coal, oil and natural gas. What complementary role nuclear energy will play in a climate-neutral energy system is an open question. In the EU + other industrialized countries, a combination of sun, wind, hydropower + nuclear power is emerging. /6
Moonshots & Fizzers
Will Canada become global leaders in Nuclear Energy?
In the latest pro-nuclear development in Canada, the Ontario government announced support to advance the long-term planning and consultation work required to explore nuclear expansion options on the Bruce Power site. It intends to create the largest nuclear power plant in the world with the addition of up to 4.8GWe to the plant’s already installed 6.2GWe capacity.
For the record, Canada is already a leader in many respects. The only risk of a fizzer is from a relatively similar country and economy that seems to be going in precisely the opposite direction: Australia.
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Recording date: 12th July 2023
Nickel prices hanging in similar $20,500 - $21,000 range. LME Inventories after bump up showing decline again at very low levels - 40,000 tonnes
Indonesia Investment Minister Bahlil Lahadalia on Friday gave the latest updates on Indonesia’s proposal for a global nickel cartel, saying that it has had intense talks with some unnamed countries. Resource-rich Indonesia has been proposing a group of nickel-producing countries that operates in a similar manner to the Organization of the Petroleum Exporting Countries (Opec). The Opec says it aims to coordinate the petroleum policies of its member states and keep the oil markets stable. And Indonesia wants to see a similar group for nickel, which is a key ingredient for electric vehicle (EV) batteries. "There are three countries whom we already have been intensely communicating with," Bahlil told reporters in Jakarta on Friday, commenting on the progress of the Opec-style nickel group. The minister, however, refused to disclose the name of the said countries. When asked about their initial response to the plan, Bahlil said: "[they thought] it was a great idea, but we still need to work on the details of the proposal." The Corruption Eradication Commission (KPK) recently revealed that about 5.3 million tonnes of nickel ore from Indonesia were sent illegally to China from January 2020 to June 2022.
Big couple of weeks for Ardea Resources
Non-binding MOU signed with a Japanese Consortium consisting of Sumitomo Metal Mining, Mitsubishi Corporation and Mitsui & Co. to develop the Kalgoorlie Nickel Project - Goongarrie Hub. SMM strength is HPAL processing so logical partner for this project and best positioned for success outside of Indonesia
Ardea Resources Kalgoorlie Nickel Project global Mineral Resource Estimate (using a 0.5% Ni cut-off grade) now stands at 854Mt at 0.71% Ni and 0.045% Co for 6.1Mt of contained nickel and 386kt of contained cobalt. Total resource contains over 6 million tonnes of nickel. This is Australian laterite different than what you see in tropical areas like Indonesia.
Mining optimisation studies have projected production of approximately 30,000t of nickel and 2,000t of cobalt per year for more than 40 years. Capital cost is A$3.1 billion. The project generates Post-tax NPV7 of A$4,980M and IRR of 23%, Average Annual EBITA of A$800M, Project pay back within 3.1 years Direct cash cost after Co by products of US$5,763/t Ni in MHP over life of mine. Metal Prices were $US25,000 for nickel, $60,000 for cobalt. Nice to see but a little on high side – cobalt will be challenged by all of the HPAL capacity coming online before nickel as ratio of production (roughly 10:1 is less than half total supply of c.20:1
A well-known former Sudbury mining executive is back in the news and is taking on a new role as chair of the newly formed Energy Transition Metals Board with Vale Base Metals, which calls itself one of the world's largest producers of responsibly-sourced nickel, copper, cobalt and platinum group metals. Mark Cutifani was previously chief operating officer (COO) at CVRD Inco, but he left Sudbury in 2007 to become chief executive officer (CEO) of AngloGold Ashanti, and then became CEO of mining giant Anglo American, one of the largest mining companies on the planet.
Poseidon Nickel – focus has been at Silver Swan / Black Swan – now on its way. They also had past producing mines at another location Emily Ann / Maggie Hays.New target At Maggie Hays West, Nickel has been intersected at the base of the WUU.
Best results include:
PLJA075 28m @ 0.66% Ni, 187 ppm Cu from 20m including 4m @ 1.32% Ni, 134ppm Cu from 40m
PLJA076 8m @ 1.18% Ni, 143 ppm Cu from 40m
PLJA078 24m @ 0.88% Ni, 220 ppm Cu from 12m including 12m @ 1.16% Ni, 256ppm Cu from 20m
PLJA080 4m @ 0.52% Ni, 744 ppm Cu from 36m
PLJA081 7m @ 0.70% Ni, 588 ppm Cu from 40m (EOH). -
Recording date: 12th July 2023
In this insightful discussion, Cory Belyk delves into the current state of the Uranium market and its implications for investors. We examine the factors affecting the market, such as the lack of contracting, geopolitical risks in uranium-producing regions like Kazakhstan, and the growing need for secure supply outside of Russia and China. We also explore the potential for a future uranium boom, with contrarian investors eyeing the market's dynamics. The conversation touches on the challenges faced by utilities in securing long-term supply and the critical role of enrichment and conversion in the fuel cycle. Furthermore, we discuss the potential for investment from oil companies and the importance of a holistic approach to the uranium sector. With insights into the opportunities and potential catalysts for change, this video should provide valuable perspectives for anyone interested in the future of uranium and its role in the global energy transition.
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Interview with Hugh Agro, President & CEO of Revival Gold (TSX-V: RVG)
Our previous interview: https://youtu.be/Yd2aald8D30
Recording date: 12th July 2023
Revival Gold, a company focused on gold exploration and development, is making headway on the Beartrack-Arnett Gold Project situated in Idaho, USA.
Previously known as the biggest past-producing gold mine in Idaho, Beartrack-Arnett is set to potentially restart open pit heap leach gold production operations as suggested by a recent Preliminary Feasibility Study. The project enjoys the advantage of comprehensive existing infrastructure.
Since taking over the Beartrack-Arnett property in 2017, Revival Gold has recorded one of the most significant new gold discoveries in the United States in the past ten years. The vein of minerals at Beartrack stretches for more than five kilometers and remains unexplored both laterally and at greater depths. Additionally, the Arnett site also presents potential for further exploration in all directions.
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Hayden Locke, CEO of Marimaca Copper, joins Merlin Marr-Johnson for a discussion on how long it takes to build a copper mine post-discovery. Chapeau to Ivanhoe Mines and the great Kamoa-Kakula developed in a mere 14 years, with longer timelines much more common. Factors such as capex, infrastructure, complexity, and margin are covered. Hayden touches on the differences between how a major or a mid-tier company might approach a development decision.
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Interview with Max Porterfield, President & CEO of Callinex Mines (TSX-V: CNX)
Our previous interview: https://youtu.be/CyQkM3ZVgWM
Recording date: 12th July 2023
Callinex Mines Inc. (CNX on TSXV and CLLXF on OTCQX) is making significant progress with its diverse portfolio of deposits rich in base and precious metals, situated in well-established Canadian mining regions. The company's attention is particularly on the Rainbow and Alchemist deposits within the Pine Bay Project in the Flin Flon Mining District, due to their rapid expansion. These deposits are advantageously located near existing infrastructure.
Another important asset within Callinex's portfolio is the Nash Creek Project in New Brunswick's Bathurst Mining District, known for its VMS richness. Based on a 2018 PEA, this project shows robust economic potential with a pre-tax IRR of 34.1% (25.2% after tax) and an NPV8% of $230 million ($128 million post-tax), assuming $1.25 Zinc.
In Newfoundland, Callinex owns 100% of the Point Leamington Deposit, which lies in one of Canada's most lucrative VMS and Gold Districts. The company has prepared a pit-constrained Indicated Mineral Resource of 5.0 Mt at 2.5 g/t AuEq, translating to 402 koz AuEq (which includes 145.7 koz gold, 60.0 Mlb copper, 153.5 Mlb zinc, 2.0 Moz silver, 1.5 Mlb lead). Additionally, it has an inferred pit-constrained Mineral Resource of 13.7 Mt at 2.24 g/t AuEq, equating to 986.5 koz AuEq (composed of 354.8 koz gold, 110.2 Mlb copper, 527.3 Mlb zinc, 6.2 Moz silver, 7.0 Mlb lead), and an out-of-pit Inferred Mineral Resource of 1.7 Mt at 3.06 g/t AuEq for 168.5 koz AuEq (65.4 koz gold, 13.3 Mlb copper, 102.9 Mlb zinc, 1.4 Moz Ag, 2.6 Mlb lead).
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Recording date: 6th July 2023
Nickel popped back up away from $20,000 level to $20,500 to $21,000 level. Again, still expect some near-term weakness and break below $20,000, but nickel continues to be resilient.
Good news is earlier drop in nickel prices have continued to lead to “Great Compression” – sulphate discount dropped by more than half as sulphate prices increased as LME prices dropped and NPI discounts also shrank despite less than stellar stainless market with NPI prices dropping slightly and not following larger drop in nickel prices.
Grab bag of items
Clean Air Metals doing reset after having to restate resource. Updated metallurgical test program consisted of locked cycle tests on a variety of composite samples with a range of head grades from both the Current and Escape deposits and delivered recoveries of 70.2% to 80.9% Platinum (Pt) and 74.0% to 86.9% Palladium (Pd) and copper recoveries from 89.9% to 96.3% and nickel recoveries from 55 to 57%. Testing ability to produce separate nickel-PGE and copper concentrates
Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining it does not already own for about $71 million. The Swiss commodity trader already owns 82.26% of PolyMet. In June, The U.S. Army Corps of Engineers announced they are revoking NewRange's permit to develop its NorthMet copper-nickel mine, formerly known as PolyMet, near Hoyt Lakes. The Corps claims NewRange failed to meet EPA clean water standards.
Toyota discussed solid state battery by 2027: its “technological breakthrough” will resolve durability issues, allowing an EV powered by a solid-state battery to have a range of 1,200km and a charging time of 10 minutes or less. People get worried that a new battery - Solid state just refers to form of electrolyte doesn’t change which anode or cathode you would use.
Queensland State announced that it would invest A$245M (US$164M) into helping expand its critical minerals sector. The amount includes a fund of A$100M that will support new investment into mining projects in the region alone. The new announcement states that the Queensland government will help mining companies in a multitude of ways. First, the state will allocate A$55M for investments to reduce rent for new and existing exploration minerals permits to A$0 for the next five years. One of the main highlights of the announcement was that there will be a A$100M Critical Minerals and Battery Technology Fund, which will support new project investment. Additionally, Queensland will also spend approximately A$75M to establish critical mineral zones, initially in the cities of Julia Creek, Richmond, and around Mount Isa, to help advance critical minerals projects. Along with these initial investments, Queensland will also establish an integrated office to oversee the critical mineral sector development and help attract international investment. The state government will also invest A$5M for critical minerals mining waste and tailings, as well as A$8M to fund scientific research including circular economy initiatives, with A$1M to be used for advance research and ESG.
Stellantis battery plant which had halted construction in Ontario, Canada as felt that government hadn’t lived up to matching IRA benefits. Province of Ontario agreed would provide up to $5 billion in tax breaks based on production over a 10-year term. He said the other $10-billion in tax breaks would come from the federal government. Ontario minister Vic Fedeli - "It's not like the incentive money that the province and the feds delivered to the battery company," he said. "We invested $500 million in capital. This is like a performance incentive or a tax break. It's not a cheque per se.
Horizonte Minerals Plc (AIM/TSX: HZM) (“Horizonte” or the “Company”), a nickel company developing two Tier 1 assets in Brazil, is pleased to announce that it has received its mining approval permits allowing it to commence mining. Araguaia Nickel Project Line 1 remains on-schedule for production in Q1 2024 with over 50% of the construction programme completed to date. FS for doubling production to 29ktpa on track for 2nd half 2023.
Posco Holdings announced earlier this week its plans to invest $93bn into battery materials, hydrogen and its green steel business by 2030.
Wyloo reached 90% ownership of Mincor and can now mandatory close to 100%. Also made clear that not done doing nickel acquisitions.
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Interview with David Kelley, CEO of Chakana Copper Corp. (TSX-V: PERU)
Our previous interview: https://youtu.be/41ekYMnHDsM
Recording date: 11th September 2023
Chakana Copper is a company focused on the exploration and development of the Soledad project, which encompasses copper-gold-silver mineralization in Peru. Led by President and CEO David Kelly, Chakana Copper aims to uncover a significant deposit of high-grade minerals in the region.
The Soledad project stands out due to its exceptional grade, with an initial resource containing approximately 1.8% copper equivalent. Notably, the deposit also contains substantial amounts of precious metals alongside the copper, adding to its value.
The project's primary attraction lies in the vast footprint of the mineral system. This attracted the attention of Goldfields, a strategic investor, who has invested $12 million in the project since 2019. Goldfields recognizes the immense upside potential of the large mineral system, indicating the prospects of a significant discovery.
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Interview with Louis-Pierre Gignac, President & CEO of G Mining Ventures (TSX-V: GMIN)
Our previous interview: https://youtu.be/ug4Sfg1oxts
Recording date: 10th July 2023
G Mining Ventures Corp. (TSXV: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition, exploration and development of precious metal projects, to capitalize on the value uplift from successful mine development. GMIN is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. GMIN is currently anchored by its flagship Tocantinzinho Gold Project in mining friendly and prospective State of Pará, Brazil.
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Interview with Neil Young, MD & CEO of Elixir Energy (ASX:EXR).
Our previous interview: https://youtu.be/hPh1SNucXfA
Recording date: 10th July 2023
Elixir Energy Limited (ASX: EXR) is an ASX listed gas exploration and development company. It is currently primarily focused on an exploration and appraisal program targeting natural gas in the form of coal-bed methane (CBM – known as coal seam gas – CSG -in Australia) in the South Gobi, Mongolia and Queensland, Australia. Elixir Energy has been developing the Gobi H2 green hydrogen project and solar project in Mongolia.
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Interview with Joe Hebert, President & CEO of OutCrop Silver & Gold (TSX-V: OCG)
Outcrop Silver is rapidly advancing the Santa Ana high-grade silver deposit with ongoing expansion drilling. Outcrop Silver is also progressing exploration on four gold projects with world-class discovery potential in Colombia. These assets are being advanced by a highly disciplined and seasoned professional team with decades of experience in Colombia.
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Interview with Tom Meyer, President & CEO of Archer Exploration (CSE: RCHR)
Recording date: 6th July 2023
Archer Exploration (RCHR) is a leading nickel exploration and development company with a strong emphasis on the Canadian market. Headed by Tom Meyer, the company's President and CEO, Archer Exploration focuses on two key projects in their portfolio. One of these projects is the Grasset project, situated in Quebec, while the other comprises a large land package of nickel exploration projects in the Sudbury Camp.
Tom Meyer brings a wealth of experience to the company, having worked as a metallurgist and mining analyst in the past. His background includes working for prominent consulting firms, as well as renowned mining companies like Inco (now Vale) and Falconbridge (now Glencore). With his expertise, Tom Meyer possesses a deep understanding of mineral processing and nickel minerals in Canada.
Archer Exploration's flagship asset is the Grasset project, located in the Abitibi region of Quebec. This project gained significant attention in 2012 when nickel was accidentally discovered during gold exploration activities. Previously owned by Balmoral, the project became non-core when it was acquired by Walbridge, which focused primarily on gold assets. Recognizing the potential value of the Grasset project, Archer Exploration seized the opportunity to acquire it from Walbridge.
The Grasset project stands out due to its high-grade nickel sulfides and exceptionally low carbon footprint. It offers a cleaner and more stable source of nickel compared to laterite deposits in Southeast Asia, which often present environmental challenges. Archer Exploration aims to expand the resource base at Grasset by drilling deeper and defining additional nickel units. The company plans to double the intersection depth below the existing resource, potentially reaching depths of 1,200 to 1,500 meters.
Despite temporary pauses in operations due to forest fires in Quebec, Archer remains committed to advancing its exploration efforts at Grasset. Over the next six months, the company aims to complete its drilling program, incorporate data from various drilling techniques, and refine the geological model. Archer Exploration's comprehensive approach positions it as a promising player in the Canadian nickel market, with significant potential for resource growth and value creation.
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Interview with Tim Moody, CEO of Pan Global Resources (TSX-V: PGZ)
Our previous interview: https://youtu.be/DywHWoLRKA4
Recording date: 6th July 2023
Pan Global is an exploration company primarily focused on discovering copper, tin, and other metal deposits in southern Spain. Their flagship project, the Escacena Copper Project, is located in the Iberian Pyrite Belt near Seville, an internationally recognized volcanic-hosted massive sulphide district. Spanning approximately 5,800 hectares, Escacena is the centerpiece of their operations.
Additionally, Pan Global is actively engaged in exploration activities at the Aguilas Project, situated near Cordoba in northern Andalucia. Covering an area of around 16,000 hectares, Aguilas represents another significant area of interest for the company.
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