Podcasts about jorc

Oriole Resources PLC CEO Martin Rosser talked with Proactive's Stephen Gunnion about the company's updated Mineral Resource Estimate (MRE) for the Bibemi Gold Project in Cameroon. Rosser confirmed a significant uplift in contained gold at Bakassi Zone 1 (BZ1), with the new estimate standing at 460,000oz—comprised of 100,000oz in the Indicated category and 360,000oz in the Inferred category. The average grade is just over two grams per tonne, based on a gold price of US$2,750/oz. The new figure represents a 23% increase compared to the January 2024 MRE and is based on just 7,000m of drilling. Rosser highlighted the strong conversion rate and noted the geometrically unified block's suitability as a starter pit. He also shared a new JORC exploration target across Bakassi Zones 1 and 2, as well as Lawa East and West, estimating an additional 145,000oz to 400,000oz of contained gold. Discussing mineral processing, Rosser said: “It bodes well for the ongoing next steps.” He detailed test work from SGS and CS Solutions, which supported a proposed flow sheet achieving around 85% gold recovery through flotation, pressure oxidation, and cyanide leaching. Looking ahead, the company will begin preliminary economic assessment studies and advance its exploitation license application with the Cameroonian government. Visit Proactive's YouTube channel for more videos, and don't forget to give this video a like, subscribe, and enable notifications for future updates. #OrioleResources #BibemiGoldProject #CameroonMining #GoldExploration #JORCResource #MineralResourceEstimate #GoldInvestment #MiningUpdate #AfricanGold #JuniorMining

Krakatoa Resources Ltd (ASX:KTA) CEO Mark Major talked with Proactive's Stephen Gunnion about the company's strategy to fast-track its advanced exploration-stage Zopkhito antimony-gold project in Georgia. Major described the project as containing “about 26,000 tonnes of antimony in the ground, at a grade of about 11.6%, and over 800,000oz [of gold] predicted there,” under foreign resource classification. The company plans to convert these foreign estimates to JORC-compliant resources this year, as it prepares a major 7,000–10,000m diamond core drilling campaign. According to Major, the project area already contains “over 27km of exploration adits,” which will also be further investigated. He highlighted that Zopkhito holds a mining license, allowing the company to move from advanced exploration into potential production more efficiently. Krakatoa also intends to begin economic studies early next year. Discussing Georgia as a jurisdiction, Major noted, “The sovereign risk is much, much lower than it used to be,” and said European investors understand the region well, making it an attractive funding and offtake market. In addition to Zopkhito, Krakatoa is progressing its rare earths project at Mount Clare in Australia, supported by a government grant. Watch the full interview to hear how the company is positioning itself to capitalise on strong antimony pricing and future European demand. For more exclusive interviews like this, visit Proactive's YouTube channel. Don't forget to like the video, subscribe to the channel and enable notifications for future content. #Antimony #GoldExploration #KrakatoaResources #MiningInGeorgia #JORCResources #CriticalMetals #EuropeanMining #ZopkhitoProject #RareEarths #MountClare #MiningNews #ResourceUpgrade #ProactiveInvestors #DiamondDrilling #CommodityPrices

Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive about the latest drill results from the Mbe Gold Project in Cameroon, which he described as the company's best since his appointment. The ongoing maiden drilling program has returned 125 gold intersections from just eight holes, translating to an intersection every 21 metres drilled. Rosser emphasised the scale and quality of the results, highlighting that “Mbe eight came back with over 85 metres, I think 86.5 to be precise,” including a particularly strong section of 39.4 metres at two grams per tonne. He added that these intersections start close to surface, supporting the potential for open-pit mining. To date, over 60% of the drilling program has been completed, but only one-third of the results have been reported, suggesting more updates to come. Rosser confirmed that 16 more holes remain to be reported, with the JORC exploration target expected in Q3, followed by a maiden mineral resource estimate in Q4. In addition to ongoing analysis at Mbe South, Rosser mentioned plans to launch the first drilling program at Mbe North, indicating further upside potential. For more updates from Oriole Resources and other mining sector news, visit Proactive's YouTube channel. Don't forget to like this video, subscribe, and turn on notifications so you never miss a story. #OrioleResources #GoldExploration #CameroonMining #MbeGoldProject #DrillingResults #JuniorMining #MineralExploration #GoldInvesting #NaturalResources #MiningUpdates

Harena Resources (LSE:HREE) managing director Joe Belladonna talked with Proactive's Stephen Gunnion about the company's Ampasindava Project in Madagascar, a significant ionic clay rare earths resource positioned to meet growing global demand. Harena is advancing a large-scale JORC-compliant project with a focus on magnet metals, including neodymium, praseodymium, dysprosium, and terbium. Belladonna highlighted the project's strategic location, stating, "Madagascar is right on the doorstep of Europe. We can go across to Australia or Asia, or through the canals to the US." The company aims to produce a high-quality carbonate product from Ampasindava, serving markets worldwide. Belladonna noted that Ampasindava stands out due to its independence from China and the US, ensuring flexibility in supplying critical rare earth elements. In discussing market dynamics, Belladonna emphasised the impact of Chinese export restrictions, spotlighting a heightened need for secure supplies of magnet metals essential for applications such as AI-enabled robotics and defence technologies. Harena Resources recently reported that the Ampasindava deposit offers a mine life exceeding 100 years, with simple processing methods leading to high recoveries of rare earths. The company is progressing a pre-feasibility study to transition its current exploration license to a mining licence. Visit Proactive's YouTube channel for more videos. Don't forget to like the video, subscribe to the channel, and enable notifications for future updates! #RareEarths #Mining #AmpasindavaProject #HarenaResources #MagnetMetals #RareEarthSupply #CriticalMinerals #MadagascarMining #ElectricVehicles #CleanEnergy

In this episode of The Sunday Roast, the team welcomes Shaun Day, Managing Director of Greatland Gold, to discuss the company's recent strategic developments, including the surrender of over 497 million share options by directors and senior employees. This move aligns with Greatland's upcoming dual listing on the Australian Securities Exchange (ASX) and the establishment of a new Australian-incorporated parent company, Greatland Resources Limited. The surrender aims to reduce potential shareholder dilution and adhere to ASX corporate governance principles . Additionally, Joe Belladonna, CEO of Harena Resources, joins to provide insights into their 75%-owned Ampasindava rare earths project in Madagascar. The project boasts a JORC-compliant resource estimate of 698.5 million tonnes and has demonstrated high recovery rates for critical magnet metals like neodymium, praseodymium, dysprosium, and terbium through environmentally friendly heap leach processes . The discussion also covers the broader implications of China's export controls on rare earth elements, the week's major news stories including Trump's tariffs and the passing of Pope Benedict, and a roundup of market movers and shakers. Don't miss this comprehensive update on pivotal developments in the mining sector. 00:00 - 00:15:55 Weekly News Roundup  00:15:55 #GGP Interview 00:34:42 #HREE  Interview 00:51:01 #FPP  00:51:54 #CPAI  00:53:33 #BSFA 00:59:04 #PREM   01:01:25 #VAST   01:08:16 #GROC #AMRQ  01:13:06 #ARS  01:13:23 #RMR 01:14:17 #AFP #XTR   01:15:53 TV  Recommendation Disclaimer & Declaration of Interest This podcast may contain paid promotions, including but not limited to sponsorships, endorsements, or affiliate partnerships. The information, investment views, and recommendations provided are for general informational purposes only and should not be construed as a solicitation to buy or sell any financial products related to the companies discussed. Any opinions or comments are made to the best of the knowledge and belief of the commentators; however, no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion. Listeners are encouraged to perform their own research and consult with a licensed professional before making any financial decisions based on the content of this podcast.

Javelin Minerals (ASX: JAV) has two brownfields gold exploration projects near Kalgoorlie in WA. Both have established JORC resources and the company has active drilling programmes at each one. Both projects have been exposed to little or no modern exploration, have opened mineralisation and numerous targets to test. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Krakatoa Resources Ltd chairman Colin Locke talked with Proactive about the company's newly secured Zopkhito Project in Georgia, which he described as a major opportunity for investors. The project contains a JORC resource of 225,000 tonnes of high-grade antimony at 11% for 26,000 tonnes of metal, translating to a back-of-the-envelope valuation of approximately $1.30 billion based on current prices. Additionally, the project includes 7.1 million tonnes grading 3.7g/t gold for 815,000 ounces, estimated to be worth around $2.50 billion. Locke said, “This is touted to be the sixth biggest antimony project in the world.” The mineralisation is close to surface, and the company believes the resource has strong potential for expansion. He also highlighted the project's additional gold content as another value driver. He attributed the company's success in securing the project to its CEO and chief technical officer, Mark Major, whose experience in high-altitude exploration was a key factor for the local vendors. The project's location in Georgia was described as highly investor-friendly, with a 15% corporate tax rate, no native title or land access complications, and strong support for foreign investment. Locke confirmed that a maiden drilling program is scheduled to begin shortly, with Major heading to Georgia next week to prepare. He emphasised the company's past success with international projects and reassured investors of the team's experience. In closing, he noted the company's current market capitalisation of just AUD 5 million, suggesting significant upside.

St George Mining Ltd executive chairman John Prineas talked with Proactive about the company's newly announced maiden JORC resource, which he says could be among the world's most significant niobium and rare earth deposits. Prineas said the deposit features over 500 intercepts of high-grade mineralisation and boasts a rare combination of high grades and shallow mineralisation starting at surface, supporting an open pit development. “We think, possibly the second highest niobium deposit in terms of grade and, probably one of the highest rare earth deposits,” he told Proactive. He confirmed the company has already seen interest from industry players, with some expressing interest in potential partnerships and even mergers. The resource was released following St George's acquisition of the project in late February, and the company has committed to a drill program starting in the coming weeks. According to Prineas, this program could potentially double the existing resource. In Brazil, St George has assembled an experienced in-country team and engaged a global EPC contractor to progress mine development. The company has also begun metallurgical and downstream processing studies and believes the project will deliver a commercial-grade product, supported by decades of similar production by neighbours CBMM.

Interview with Shaun Bunn, Managing Director, Empire MetalsOur previous interview: https://www.cruxinvestor.com/posts/empire-metals-loneee-massive-titanium-exploration-target-with-150-year-supply-potential-5528Recording date: 27th of March 2025Empire Metals has discovered what it claims is the world's largest titanium deposit in Western Australia, with an exploration target of approximately 26-32 billion tons of ore. The company is positioning itself as an emerging player in the global titanium market with this strategic discovery in a tier-one mining jurisdiction.A key advantage of the deposit is its weathered surface cap extending 60-80m deep, representing 4-5 billion tons of easily accessible, friable ore that requires no drilling or blasting. This natural feature significantly reduces potential mining costs as there is no overburden or waste to remove.The company has already achieved early success in metallurgical testing, producing a 92% titanium dioxide product that contains none of the deleterious elements such as uranium, thorium, chromium, or heavy metals that typically plague other titanium sources. This gives Empire's product a significant competitive advantage in the market.Unlike traditional titanium sources that rely on ilmenite processing, Empire's deposit contains titanium dioxide minerals that require approximately half the acid for processing – about one ton of acid per ton of mineral versus two tons for ilmenite. The company aims to produce high-value, pigment-grade titanium dioxide rather than intermediate concentrates.Empire Metals is currently working toward a JORC-compliant mineral resource estimate, focusing initially on a smaller high-grade area of the massive deposit. The company recently completed a drilling program in February 2025 with 84 holes on a 100x100 meter grid, which will be expanded in the coming months.The project benefits from a favorable permitting environment as it's located on private farmland in Western Australia's wheat belt, avoiding native title issues or crown land complications. This location, combined with the strategic importance of titanium for defense and aerospace applications, could enable fast-tracking through the approvals process.With £4.8 million in cash, Empire Metals is well-funded to advance its development plans. The company expects to move toward production relatively quickly by industry standards, with potential revenue generation possibly beginning by 2026.As Managing Director Shaun Bunn summarized: "If you wanted to find the perfect source to go and change and disrupt the industry and be able to produce titanium at a lower cost and a higher quality, this is the ore body that you needed to find."Learn more: https://www.cruxinvestor.com/companies/empire-metalsSign up for Crux Investor: https://cruxinvestor.com

St George Mining Ltd executive chairman John Prineas talked with Kerry Stevenson at Proactive about the company's recent acquisition of the Araxá niobium and rare earths project in Brazil. The deal, completed in February, provides St George with an advanced-stage project with high-grade niobium and rare earth elements. Prineas highlighted niobium's strategic importance, noting that it is primarily used to strengthen steel, with additional applications in medical technology, batteries, and defence. He emphasised the commodity's stable pricing due to limited global supply. The company secured A$20 million in funding to advance the project and is preparing a JORC-compliant mineral resource estimate, expected in the coming weeks. The existing data, based on historical drilling, indicates a 20-year mine life and a US$956 million NPV under a previous non-JORC study. St George aims to optimise the project for niobium, conduct further drilling, and expand the resource. Prineas also addressed Brazil's mining jurisdiction, highlighting strong government support and agreements to expedite approvals. The company is pursuing a dual-track strategy, progressing toward development while ramping up exploration drilling to expand the resource base. Stay tuned for more updates! Visit Proactive's YouTube channel for more interviews, and don't forget to like, subscribe, and turn on notifications. #StGeorgeMining #ASXSGQ #Niobium #RareEarths #MiningStocks #JORC #BrazilMining #CriticalMetals #ResourceInvestment #BatteryMetals

Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive's Stephen Gunnion about the latest results from the final seven holes of the Phase 5 drilling programme at the Bibemi Gold Project in Cameroon. Rosser highlighted that all drill holes were in the Bakassi Zone 1 mineral resource estimate (MRE) area, with multiple gold intersections identified. Notably, six of the seven holes were on new drilling fence lines, reducing spacing to 50m. He explained that this additional data strengthens confidence in the JORC resource calculation and suggests potential for MRE expansion. “We're expecting scope for an increase in the MRE and also an enhancement to the JORC categorisation,” he stated. Oriole Resources is now integrating geological and structural data into a revised MRE, expected in Q2. The company also continues metallurgical testing and has submitted an environmental and social impact assessment to the ministry. These studies will support Oriole's engagement with the government regarding an exploitation license. For more updates on Oriole Resources and the Bibemi project, visit Proactive's YouTube channel. Don't forget to like, subscribe, and turn on notifications for the latest insights. #OrioleResources #GoldMining #MiningNews #GoldExploration #CameroonMining #InvestmentNews #JORC #MRE #DrillingResults #MiningIndustry #NaturalResources #GoldStocks

  In this episode, I speak with Chris Gerteisen, CEO of Nova Minerals (ASX:NVA - NASDAQ:NVA - FRA:QM3), for a deep dive into the company's Estelle Gold and Critical Minerals Project in Alaska's Tintina Gold Belt.   Chris provides an overview of the project's 9.9-million-ounce JORC gold resource, detailing the Korbel and RPM deposits, their respective grades, and expansion plans.   Beyond gold, we discuss the project's significant antimony opportunity, including the potential for government funding to support resource definition, production, and even a refinery build-out.   Nova Minerals is pursuing an aggressive development timeline, targeting gold production by 2028 and potential antimony production as early as 2026, contingent on grant funding from the U.S. Department of Defense.   Chris also shares insights into his background and the experienced team driving the project forward.   Please email me with any follow up questions for Chris - Fleck@kereport.com    Click here to visit the Nova Minerals website.

Pantera Lithium (ASX:PFE) executive chairman and CEO Barnaby Egerton-Warburton talked with Proactive's Stephen Gunnion about the company's latest progress in the Smackover lithium brine play in southwest Arkansas. He discussed the company's drilling plans for three wells, which will contribute to a JORC resource, a pre-feasibility study (PFS), and a pilot plant—steps that move Pantera closer to production. Egerton-Warburton highlighted that Pantera has secured an exclusive abstract over 50,000 acres, leasing 26,000 acres so far. The company has also identified optimal locations for drilling, expecting to begin spudding the first well in the next few months. “We are in the hot spot, surrounded by majors like Exxon, Equinor, and Albemarle. Their presence validates the play,” he explained. Discussing lithium market conditions, he dismissed concerns over weak electric vehicle (EV) demand and pointed to strong sales, particularly in China. He expects a lithium price recovery by 2027 as demand outstrips supply. Pantera Lithium sees North America developing a localised lithium supply chain, reducing reliance on Chinese market dynamics. For investors, Egerton-Warburton emphasised Pantera's unique positioning as the only junior lithium explorer in this area, offering potential upside compared to larger players. He noted that success in drilling could significantly de-risk the project and enhance shareholder value. Stay tuned for more updates on Pantera Lithium's progress. Don't forget to like this video, subscribe to our channel, and turn on notifications for future updates! #Lithium #PanteraLithium #EV #BatteryMetals #Mining #Investing #Arkansas #LithiumBrine #Energy #Commodities

St George Mining Ltd (ASX:SGQ) has completed the 100% acquisition of the Araxá Niobium-REE Project in Minas Gerais, Brazil, and has immediately moved to begin mine development studies. The project is within the same carbonatite complex as CBMM's niobium mine, which supplies approximately 80% of the world's niobium. The company has secured A$20 million in funding to support a fully funded 5,000-metre drilling program starting in March. Additional plans include a maiden JORC-compliant mineral resource estimate, metallurgical test work, production of sample niobium and REE products, and environmental, heritage and geotechnical studies. A feasibility study is also scheduled to commence. Historical drill results confirm high-grade niobium and rare earth element mineralisation from the surface, with grades reaching up to 8% Nb₂O₅ and 33% TREO. St George aims to expand the mineralised footprint through further drilling. The acquisition includes an initial payment of US$6.97 million, with deferred payments of US$6 million and US$5 million due within nine and eighteen months, respectively. Vendor Itafos Inc., a global fertiliser company, has become a 10% shareholder in St George. St George describes this acquisition as a major step in positioning itself as a significant player in the niobium sector, supported by a highly experienced in-country management team. #StGeorgeMining, #Mining, #Niobium, #RareEarthElements, #BrazilMining, #AraxáProject, #REE, #ExplorationDrilling, #MineralExploration

Ark Mines Executive Director Ben Emery joined Steve Darling from Proactive's OTC studio in New York City to discuss the company's progress at its Sandy Mitchell project, a flagship mineral sands and rare earth venture. The project boasts a maiden resource of 71.8 million tons and an exploration target of 1.3 to 1.5 billion tons, making it a potentially globally significant asset. Sandy Mitchell contains a diverse mix of valuable minerals, including zircon, ilmenite, and garnet, as well as rare earth elements such as monazite, which hosts 15 of the 17 known rare earths. A scoping study last year projected the project could generate $25–$30 million in free cash annually. Ark Mines is now advancing towards a Pre-Feasibility Study (PFS) in 2025, with a goal of expanding the JORC resource to 350 million tons and extending the mine life to 15 years. The company is also strengthening its US partnerships to support a domestic supply chain from Australia to the United States for critical minerals. With a mining license application underway, Ark Mines anticipates transitioning into mine planning within 12 months, positioning itself as a key player in the global rare earth and mineral sands market. #proactiveinvestors #otcqb #ahkmf #asx #ahk RareEarths #SandyMitchellProject #MineralSands #MiningNews #AustraliaMining #PreFeasibilityStudy #JORCResource #OTCMarkets #ProactiveInvestors

In this episode, we chat with Marc Sale, CEO of First Class Metals, a junior miner focused on gold and critical exploration in Ontario, Canada. They are dedicated to unlocking the potential of untapped resources, providing innovative solutions to the supply shortage, and making a lasting impact in the mining industry. A geologist by background and a competent person for JORC and NI-43 101, Marc is an experienced explorer working in exploration and development across Africa, Americas, Europe, and Australasia during his career. He gives us an overview of First Class Metals and what they have been up to, talks about a recent partnership with the 79th Group they have secured, and an overview of the current exploration market. KEY TAKEAWAYS Marc has a diverse career in geology and corporate management, having worked in various regions including Australia, Africa, and South America. He transitioned from being an exploration geologist to holding several management roles, ultimately becoming the CEO of First Class Metals. First Class Metals is a junior mining company focused on gold and critical mineral exploration in Ontario, Canada. The company aims to unlock untapped resources and has a business model centred around developing properties to either joint venture or sell them. The company has two flagship projects, North Hemlo and Sunbeam, both of which are district-scale plays with significant potential. North Hemlo features the Dead Otter Trend, which has shown promising gold and molybdenum results, while Sunbeam has historical production and mineralization. A strategic partnership with the 79th Group is expected to provide First Class Metals with funding for exploration activities. This partnership will allow the company to pursue its exploration goals without the typical funding challenges faced by many small-cap explorers. First Class Metals emphasises responsible exploration and environmental stewardship. The company actively engages with local First Nations communities to maintain transparency and build trust, ensuring that their exploration activities are conducted ethically and responsibly. BEST MOMENTS "I would really like to find one more decent multimillion ounce gold deposit. I've been very fortunate in my career in that I've been associated with three multi-million ounce discoveries." "I think it's important to re-mention zigzag, the hard rock lithium target, which again has multimeter plus one percent lithium values and associated gallium, niobium and cesium on it." "I have to say one of the hardest billets I had was in Sardinia, where the landowners were equally as passionate, but they might only own two fields." "In these challenging markets, we can negotiate on properties at, shall we say, bargain basement prices." VALUABLE RESOURCES Mail: rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast Web: http://www.mining-international.org This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer: Insurance risk surveys recognised as an industry standard Construction risk reviews Asset criticality assessments and more Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com GUEST SOCIALS https://firstclassmetalsplc.com/ https://www.linkedin.com/company/first-class-metals-plc/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) has successfully demonstrated a tenfold upgrade in rare earths concentration at its Halleck Creek Rare Earths Project in Wyoming, USA. Large-scale metallurgical test work, conducted in collaboration with Mineral Technologies, confirmed that conventional, low-cost processing methods can efficiently upgrade the ore. Testing upgraded mineralised feedstock from 3,438 ppm (0.34%) TREO to approximately 37,200 ppm (3.72%) TREO. This process removes 93.5% of non-rare earth material early, leaving only 6.5% of mined ore for further refining, which is expected to reduce operating costs. The test work utilised MG12 Spirals and Induced Roll Magnetic Separation, both commercially proven technologies. These results validate the assumptions in the company's scoping study and provide critical inputs for the pre-feasibility study (PFS). Initial recovery rates were 62%, lower than the 78% outlined in the scoping study, however further test work is ongoing to optimise the flowsheet and improve efficiency. An updated scoping study, incorporating the recent JORC resource increase, will be issued soon. The company states that successfully demonstrating this upgrade at production scale is a key milestone that further de-risks the project as it moves toward development. #AmericanRareEarths, #RareEarths, #HalleckCreek, #Mining, #CriticalMinerals, #Metallurgy, #MineralProcessing, #Beneficiation, #MiningTechnology, #PreFeasibilityStudy, #ScopingStudy,

Greatland Gold PLC CEO Shaun Day talked with Proactive's Stephen Gunnion about the latest exploration update at the West Dome underground project. This marks the first-ever drilling campaign into this section of the Telfer gold-copper operation, yielding positive initial results. Day highlighted that the underground beneath the Main Dome at Telfer has been operating for nearly two decades, producing over 3.0 million ounces of gold. The newly drilled West Dome underground area has shown high-grade intercepts, with some reaching over 19 grams per tonne gold equivalent. He emphasised the importance of this discovery, as it provides potential for extending the mine life at Telfer while leveraging existing infrastructure for efficient ore processing. The company has planned a follow-up drilling campaign to further assess the deposit and move toward a JORC resource estimate. Additionally, mine planning and geotechnical studies will support future development. Greatland Gold also has a substantial stockpile, including 500,000 ounces of gold and 20,000 tonnes of copper, reinforcing its resource base. Day noted that their approach mirrors past successful strategies in extending mine life through reinvestment in drilling. For more updates, visit Proactive's YouTube channel. Don't forget to like, subscribe, and turn on notifications for future content. #GreatlandGold #GoldMining #WestDome #Telfer #MiningUpdate #Copper #Exploration #ResourceDevelopment #GoldInvesting #ProactiveInvestors

Excellon Resources CEO Shawn Howarth joined Steve Darling from Proactive to discuss the company's latest developments, including the acquisition of a past-producing silver mine in Peru, Mallay. Previously operated by Buenaventura between 2012 and 2018, the mine has benefited from an estimated $115 million investment in infrastructure and features 50 km of underground development. Howarth highlighted that the mine is fully permitted for restart, with existing tailings capacity and an initial JORC-compliant mineral resource. Excellon plans to upgrade this to a 43-101 resource following the transaction's closure, anticipated in early-to-mid 2025. The company aims to restart operations within three to six months, targeting silver production as early as Q3 or Q4 2025. In addition to its Peruvian operations, Howarth discussed exploration plans for the Kilgore Project in Idaho. He noted that cash flow from the Peruvian mine will help fund further development, particularly in Idaho, where Excellon is investigating deeper high-grade mineralization. Howarth also pointed out that Idaho's government is actively working to streamline resource development processes, providing a favorable environment for the company's exploration efforts. Looking ahead, Howarth reaffirmed Excellon's focus on leveraging its operational expertise to develop assets efficiently and explore potential expansion in the silver sector. #proactiveinvestors #tsx #exn #shawnhowarth #mining #mallaysilverming SilverMining #MiningStocks #ShawnHowarth #PeruMining #IdahoMining #PreciousMetals #SilverProduction #MiningInvestment #ProactiveInvestors

American Rare Earths CEO Chris Gibbs joined Steve Darling from Proactive to share a major milestone update on the Halleck Creek Rare Earth Project in Wyoming. The latest JORC-compliant Mineral Resource Estimate confirms Halleck Creek as one of North America's largest rare earth deposits, reinforcing the company's progress in unlocking its potential as a strategic U.S. asset. Gibbs announced that the Halleck Creek resource has now surpassed 2.63 billion tonnes, marking a significant 12.2% increase over the previous estimate. This expansion underscores the project's transformational scalability, with mineralization still open at depth and along strike. The Cowboy State Mine, situated in the Red Mountain area on Wyoming State land, benefits from a streamlined permitting process, accelerating the project's development timeline. With favorable geology and near-surface mineralization, the site presents strong potential for a low-cost open-pit mining operation. Concurrently, ongoing metallurgical test work continues to demonstrate the project's ability to process rare earth elements efficiently. These advancements further align ARR with U.S. government efforts to secure domestic critical mineral independence, reducing reliance on imports while fostering economic growth and strengthening national security. The company is now integrating the latest resource estimates and high-grade data into its Scoping Study, which is on track for completion and release in February 2025. #proactiveinvestors #americanrareearthslimited #asx #arr #otcqx #arrnf #adr #amrry #wyomingrareinc

Arrow Minerals (ASX: AMD) has the rapidly growing Niagara Bauxite Project in Guinea on its hands. The first drilling programme is just being completed, the main JORC resource is coming in the next couple of months and that will be followed by a scoping study. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Proactive's Tylah Tully gives an outlook for gold in 2025. Gold has always been a safe-haven investment amidst geopolitical and economic uncertainty, and with ongoing conflicts in Ukraine and the Middle East, inflation, and unstable currencies, it's poised to continue its strong performance. After a 39.96% average price increase in 2024 from 2023, gold is set to continue its bullish run. Australian resource companies are actively exploring opportunities to capitalise on this favourable market. Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) advanced its Bankan Gold Project in Guinea, reporting significant drilling results and preparing multiple maiden resource estimates for early 2025. Yandal Resources Ltd (ASX:YRL) progressed its Siona Gold Discovery in Western Australia, confirming high-grade mineralisation over a 300-metre strike. Tolu Minerals Ltd (ASX:TOK) achieved high-grade gold and silver results at its Tolukuma Gold Project in Papua New Guinea and is preparing a maiden JORC-compliant resource estimate. Riversgold Ltd (ASX:RGL) expanded exploration at its Northern Zone Gold Project near Kalgoorlie, submitting a mining lease application while targeting growth in its oxide zone resource footprint. Ora Banda Mining Ltd (ASX:OBM) intersected its first ore at the Sand King Underground mine, with steady-state production planned for mid-2025 as part of its ‘Drive to 150' initiative. With a strong 2024 foundation, these companies are well-positioned for growth in 2025. #ProactiveInvestors #PredictiveDiscovery, #YandalResources, #ToluMinerals, #Riversgold, #OraBandaMining, #Gold2025, #SafeHaven, #GoldMining, #GoldExploration, #MiningUpdates, #AustralianGold, #GlobalMarkets, #GoldPrices, #GoldInvesting, #WestAfricaGold, #KalgoorlieGold, #HighGradeGold, #GoldProduction

Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF). The company has secured approval to drill 24 exploration holes, totalling approximately 1,000 metres, at its Yellow Cat Uranium and Vanadium Project in Utah, USA. Permits were granted by the US Bureau of Land Management (BLM) and the Utah Division of Oil, Gas and Mining (UDOGM). The drilling will target a 2-kilometre mineralised trend between the Windy Point Mine and the Mineral Treasure Mine, where samples have shown up to 10.33% uranium (U₃O₈) and 25.6% vanadium (V₂O₅). Fifteen holes will be drilled on the eastern side near Windy Point Mine, with the remainder on the western side near Mineral Treasure Mine. The program aims to develop a JORC-compliant resource using new and historical data. Shallow drilling depths of 12 to 40 metres will minimise costs and environmental impact. Located in the Colorado Plateau region, Yellow Cat has garnered interest due to rising uranium prices and US support for domestic production. While the company's primary focus is on lithium projects, it continues to advance Yellow Cat and plans to commence drilling in the coming months, contingent on local conditions and equipment availability. #ProactiveInvestors #AnsonResources #ASX #OTCQB #UraniumMining #Vanadium #YellowCatProject #MineralExploration #USMining #SustainableEnergy #EnergyTransition #NuclearEnergy #UraniumPrices #JORCResource #MiningApproval #UtahMining #BLMApproval #WhiteMesaMill #NuclearPower #RenewableEnergy #CriticalMinerals #LowCostDrilling #Mineralisation

Caprice Resources Ltd (ASX:CRS) CEO Luke Cox talked with Proactive's Tylah Tully about the company's ongoing exploration and development activities at its Murchison Gold Project in Western Australia. Cox shared updates on key pillars of the company's work: mapping quartz reefs at Cuddingwarra, resource extension drilling at the Island Gold Project, and upgrading resources at the New Orient Gold Line to JORC 2012 standards. “We've identified visible gold in quartz reefs during mapping at Cuddingwarra, and we're targeting deeper mineralisation at Island Gold using modern techniques,” Cox explained. The Island Gold Project, which historically produced 50,000 ounces of shallow high-grade gold, holds promise for further discoveries. Meanwhile, the New Orient Gold Line resource upgrade aims to enhance its commercial potential. In addition to the focus on gold, Caprice plans to explore its expansive West Arunta landholding in 2025, targeting rare earths, gold and copper in this underexplored region. A geophysical survey is scheduled for March or April to kick start exploration there. #ProactiveInvestors #CapriceResources #ASX #MurchisonGold #GoldExploration #ASXCRS #MiningUpdates #WesternAustraliaMining #RareEarths #ProactiveInvestors

Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Cobre Ltd (ASX: CBE). The company has provided an update on its 2024 exploration program at the Ngami Copper Project (NCP) in Botswana's Kalahari Copper Belt. Drill hole NCP56, located 2 kilometres from NCP55 and 7.5 kilometres from the Comet target, intersected widespread chalcocite mineralisation between 159 and 192 metres downhole, with grades ranging from 0.1% to 4% based on visual estimates and pXRF readings. Laboratory assay results are expected in February 2025. These findings from the new Cosmos target suggest that copper mineralisation identified in NCP42 (15 metres at 0.5% copper and 13 g/t silver) may extend over 4 kilometres. The mineralisation is hosted in fine-grained cleavage and fractures, making it suitable for acid leaching and in-situ copper recovery (ISCR). Cobre has completed 4,500 metres of infill drilling at the Comet Target, progressing towards refining the exploration target and establishing a JORC-compliant resource. The company sees these results as validating the continuity of mineralisation along the strike, reinforcing the significant potential of the Cosmos target area within NCP. #ProactiveInvestors #CobreLimited, #ASX #JTF #NgamiCopperProject, #KalahariCopperBelt, #CopperExploration, #BotswanaMining, #Chalcocite, #ISCR, #ExplorationDrilling, #JORCResource, #Mineralisation, #CopperSilver, #SustainableMining, #CopperPotential, #EnergyTransition, #AcidLeaching, #MiningInnovation, #MineralDiscovery, #ExplorationTargets, #CopperGrades, #ResourceDevelopment

Far East Gold Ltd (ASX:FEG, OTC:FEGDF) CEO Shane Menere talks with Proactive's Tylah Tully about the company's latest milestone. The Foreign Investment Review Board (FIRB) has approved the second and third tranches of a funding agreement with strategic partner Xingye Gold (Hong Kong) Mining Company. Menere explained the significance of Xingye, a global leader in precious metals and tin production, holding a 19.9% placement position in the company. He highlighted how the partnership aligned with Far East Gold's transition from exploration to production. The Idenburg Project, Menere confirmed, has a JORC resource estimate of 540,000 ounces at 4.1 grams per tonne. Menere emphasised that only 30% of the tenement had been explored, suggesting strong potential for future resource growth. Far East Gold expects drilling to commence in early 2025, focusing on unlocking the project's full value. Additionally, Menere updated on the Trenggalek and Wonogiri projects, noting advancements in exploration and the potential for partnerships to bring them into production. #ProactiveInvestors #FarEastGold #ASX #MiningNews #XingyeGold #IdenburgProject #GoldExploration #ASX #PreciousMetals #MiningInvestments #TrenggalekProject #WonogiriProject #ProactiveInterviews

Far East Gold Ltd (ASX:FEG, OTC:FEGDF). CEO Shane Menere joins Proactive's Tylah Tully to discuss the company's latest milestone. It has delivered an initial JORC 2012 inferred mineral resource estimate of 540,000 ounces of gold at 4.1 g/t and 468,000 ounces of silver at 3.6 g/t at its Idenburg Project in Papua, Indonesia. This estimate, based on just three prospects within the Idenburg Contract of Work was developed by SMG Consulting using historical drill hole data and new topographic survey information without additional drilling. The prospects contributing to this estimate — Sua, Bermol and Mafi — are three of the 14 targets identified, covering only 30% of the project area, leaving substantial potential for future exploration. SMGC conducted a comprehensive review, modelling mineralisation based on geological continuity and grade using inverse distance weighting (IDW) for Sua and Mafi. FEG aims to expand the initial resource through surface mapping, sampling and a phase 1 drilling program. Future exploration will include infill and step-out drilling, metallurgical sampling and geophysical surveys to enhance resource delineation. The Idenburg Project benefits from good infrastructure and access via the Trans Irian Highway, offering efficient logistical support. More information can be found in a video discussing the update on FEG's investor hub. #ProactiveInvestors #FarEastGold #ASX #GoldExploration, #IdenburgProject, #PapuaGold, #Mining, #MineralResources, #JORCCode, #InferredResources, #SilverMining, #ExplorationTargets, #SuaProspect, #BermolProspect, #MafiProspect, #Phase1Drilling, #TopographicSurvey, #SMGConsulting, #PapuaIndonesia, #MiningUpdates, #ResourceEstimate, #Gold

Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Far East Gold Ltd (ASX:FEG, OTC:FEGDF). FEG has reported an initial JORC 2012 inferred mineral resource estimate of 540,000 ounces of gold at 4.1 g/t and 468,000 ounces of silver at 3.6 g/t at its Idenburg Project in Indonesia. The estimate, covering the Sua, Bermol and Mafi prospects, utilises historical drill hole data, enhanced with recent topographic surveys and revised 3D deposit modelling by SMG Consulting. These three prospects represent only 30% of the Idenburg Project's identified targets, indicating further exploration potential. FEG intends to expand its initial resource base through detailed surface mapping, sampling and a phase 1 drilling program. The Idenburg Project benefits from strong infrastructure, supported by the Trans Irian Highway, which aids in logistics and cost-effective operations. The report highlights minimal work in Mafi's current estimates, suggesting additional exploration is planned. Future efforts will include infill and step-out drilling, metallurgical sampling and geophysical surveys to refine resource estimates. The company underscored the cost efficiency achieved by advancing this estimate without further drilling, a significant milestone detailed in a video available on FEG's investor hub: https://investorhub.fareast.gold/announcements/6629145?fromLink=true& #ProactiveInvestors #FarEastGold #ASX #JusttheFacts #GoldExploration, #IdenburgProject, #PapuaGold, #Mining, #MineralResources, #JORCCode, #InferredResources, #SilverMining, #ExplorationTargets, #SuaProspect, #BermolProspect, #MafiProspect, #Phase1Drilling, #TopographicSurvey, #SMGConsulting, #PapuaIndonesia, #MiningUpdates, #ResourceEstimate, #Gold

Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Olympio Metals Ltd (ASX:OLY, OTC:COPGF). The company has signed a three-month option agreement with Orminex West, a subsidiary of Labyrinth Resources, to divest its non-core Mulwarrie Gold Project. This agreement enables a potential total payment of A$1.375 million. The terms include an initial cash payment of A$50,000, with an additional A$100,000 due if the option is exercised, along with A$225,000 in Labyrinth shares. A final payment of A$1 million will apply if Labyrinth defines a JORC-compliant gold resource exceeding 250,000 ounces at a minimum grade of 1.40 grams per tonne. Olympio states that this transaction will allow it to concentrate on core assets while keeping potential returns linked to Mulwarrie's exploration. Labyrinth aims to consolidate its land in the Menzies area, focusing on expanding gold exploration. Aside from Mulwarrie, Olympio continues its exploration projects, which include rare earths in South Australia, lithium near Kalgoorlie and gold in the eastern Kimberley in Australia, as well as the Cadillac Lithium Project in Quebec, Canada. #ProactiveInvestors #OlympioMetals, #ASX #JusttheFacts #GoldMining, #MulwarrieProject, #MiningDeal, #LabyrinthResources, #AustralianMining, #MineralExploration, #GoldExploration, #ASXNews, #MiningIndustry, #MiningInvesting, #LithiumMining, #RareEarths, #CanadaMining, #MineralResources, #MiningAustralia, #ResourceExploration, #GoldMarket, #MiningProjects, #MineralTenements

Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Corazon Mining Ltd (ASX:CZN, OTC:CRZNF). It has identified multiple geophysical conductors at its MacBride Project in Manitoba, Canada, and initial exploration indicates potential for a significant standalone project within the Lynn Lake district. The MacBride Project is near Corazon's Lynn Lake Project, which holds a JORC nickel-copper-cobalt resource. Mining in the area dates back to the 1940s, with a history of magmatic nickel sulphide, VMS deposits, and orogenic gold. Corazon used data from a 2008 aerial VTEM survey, identifying nine high-priority electromagnetic targets along a seven-kilometre horizon. One of these targets aligns with the MacBride zinc-copper-gold-silver deposit, while the others, which are yet to be drilled, are near-surface and comparable in size. These targets are a priority for further exploration, with ground EM surveys planned to refine and confirm drill sites. Corazon also intends to finalise the acquisition of the MacBride Project and two other areas by paying C$153,600 before December 2024. #ProactiveInvestors #CorazonMining #ASX #JusttheFacts #MacBrideProject #GeophysicalSurvey #Exploration #LynnLake #MiningCanada #VTEMSurvey #EMConductors #ZincCopperGold #PreciousMetals #MiningNews #ResourceExploration #CanadaMining #DrillTargets #NickelCobalt #VMSDeposits #GroundEM #MiningUpdates #BaseMetals #ExplorationNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

American Rare Earths CEO Chris Gibbs joined Steve Darling from Proactive to discuss the latest assay results from the company's 2024 drilling campaign at the Cowboy State Mine area in Wyoming. This drilling is the first phase of a larger multi-stage development plan for the Halleck Creek deposit, which boasts an estimated 2.34 billion tonnes of JORC resource containing 7.48 million tonnes of total rare earth oxides (TREO). Gibbs highlighted that the assay results for 12 core and reverse circulation (RC) holes confirmed high-grade ore in the western portion of the deposit. Key intercepts include HC24-RM044, with 172.4 meters at 3,716 ppm TRE, and HC24-RM036, which showed 51.0 meters at 3,390 ppm TREO. These findings have defined the eastern extent of the deposit, and upcoming drilling will target higher-grade zones near Red Mountain. One notable result from this area, HC24-RM035, reported an impressive 4,393 ppm TREO over 299.1 meters. The campaign was completed under budget, allowing for the drilling of an additional four RC holes, totaling approximately 730 meters. These are expected to be finished within the next week, further advancing the company's plans for rare earth element development in Wyoming. #proactiveinvestors #americanrareearthslimited #asx #arr #otcqx #arrnf #adr #amrry #wyomingrareinc #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) managing director Nicole Galloway Warland speaks with Proactive's Stephen Gunnion about the company's upcoming drilling plans for its Wedding Bell and Radium Mountain Projects in Colorado. Galloway Warland shared that drilling will commence in early October, with preparations already underway at the Rim Rock and Groundhog sites. The program aims to follow up on successful drilling results from 2022 and 2023. Notably, the company is focusing on infill drilling at Groundhog around a previous find of five meters at 0.1% uranium and 0.6% vanadium, with plans to step out 300 meters to explore the potential extension of the mineralization. Galloway Warland emphasised that Thor Energy aims to gather enough data from this campaign to move forward with a resource estimate that complies with both JORC and NI 43-101 standards. The necessary approvals for the project are already in place, and results from the downhole geophysics are expected to come through shortly after the first two holes are drilled. Stay tuned for more updates as Thor Energy progresses with this exciting project. Don't forget to like this video, subscribe to Proactive's YouTube channel, and enable notifications for future updates. #ThorEnergy #UraniumDrilling #ColoradoMining #ResourceEstimation #Vanadium #WeddingBellProject #GroundhogProject #MiningUpdates #ExplorationResults #ProactiveInvestors #MiningNews #EnergyExploration#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Torque Metals Ltd (ASX:TOR) managing director Cristian Moreno joins Proactive's Tylah Tully to discuss the company's maiden mineral resource estimate (MRE) of 250,000 ounces of gold at its Paris Gold Project in Western Australia's Goldfields. The MRE totals 2.518 million tonnes at a grade of 3.1 grams per tonne (g/t) gold and includes resources from the Paris, HHH and Observation deposits. Notably, 22% of the Paris deposit resources are classified as "Indicated" under the JORC classification, with high recoveries exceeding 96%. The resource includes both open-pit potential (190,000 ounces at 2.9 g/t gold) and underground potential (60,000 ounces at 3.8 g/t gold), supported by the near all-time high gold price of US$2,599 per ounce. To date, only 2.5 square kilometres of the project's large 57-kilometre strike length have been explored. Moreno highlighted the potential for expansion, with gold already identified outside the current MRE area. The company plans to further explore untested targets within the resource area and assess the project's toll-treat value proposition through a scoping study. Torque Metals also aims to continue drilling within its tenements near world-class deposits like Invincible and Beta Hunt. #ProactiveInvestors #ASX #TorqueMetals #ParisGoldProject #MineralResourceEstimate #GoldMining #WesternAustraliaGold #GoldfieldsExploration #JORCCompliant #GoldExpansion #OpenPitMining #UndergroundMining #GoldPrice #CristianMoreno #GoldExploration #ASXTOR #GreenstoneBelt #TollTreating #MiningNews #GoldResource #AustralianMining #ExplorationPotential #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

In this episode, our Executive Consultants Ian Glacken and Michael Andrew discuss the proposed JORC Code changes to the competent person's regulation. This podcast episode at a glance: 00:05 Introduction 02:11 Overview of changes 05:35 Pros and cons of the CV scheme 07:05 Validation of the CV of record and responsibility 09:10 Commodity experience for CP 10:40 Need for declaring sampling, QC, and analytical techniques in CV 11:30 Updates to CVs for each sign-off 13:10 Alternatives to resumes 15:00 Regulation and Requirements for CPD (Continues Professional Development) 17:33 Prevention of mining disasters and regulatory responses Join our experts as they explore the topic "Draft JORC Code Update: Competent Person Changes" in the episode 77 of the Fresh Thinking podcast. If you'd like to connect with Ian and Mike, please reach out to them at contact@snowdenoptiro.com. This podcast episode is also available as an audio podcast on @Libsyn, @Spotify, @Apple Podcasts, @Google Podcasts.  Please look for Fresh Thinking by Snowden Optiro. These podcasts are for those working in the mining industry. Snowden Optiro - Mining Advisory, Consulting and Professional Development.

Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) CEO George Bennett talked with Proactive about the company's updated JORC-compliant mineral resource estimate for the Phalaborwa project. The update extended the mine's life from 14 years to 16 years, with the resource increasing from 32 million tonnes to 35 million tonnes. Bennett emphasised the high confidence level of the resource, thanks to improvements in categorisation under JORC standards. He explained that with a cut-off grade of 2.2%, the project will be able to process nearly all the resource, extracting maximum value. Furthermore, Bennett highlighted four critical rare earth elements—neodymium, praseodymium, dysprosium, and terbium—used in consumer electronics, electric vehicles, and wind turbines. Bennett also underscored Rainbow Rare Earths' competitive advantage as a low-cost producer. According to him, even in a lower pricing environment, the company expects profitability due to its efficient cost structure. He mentioned that the project's in-situ rare earth oxide value stands at $3.7 billion, with recovery rates of 66%. Looking ahead, Bennett noted that the company plans to release a Definitive Feasibility Study (DFS) by early 2025, with a preliminary update expected in November 2024. These milestones will offer further insights into the project's profitability and value potential. For more updates and interviews like this, visit Proactive's YouTube channel. Don't forget to like the video, subscribe, and enable notifications for future content. #RainbowRareEarths #RareEarthMetals #PhalaborwaProject #GeorgeBennett #ElectricVehicles #WindTurbines #MineralResource #MiningNews #DFS #JORCCompliance #ProactiveInvestors #LowCostProducer #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

QEM Ltd (ASX:QEM) managing director Gavin Loyden joins Proactive's Tylah Tully to discuss the outcomes of a scoping study for the Julia Creek Project in northwest Queensland, which demonstrates robust economic viability and no significant barriers to advance towards a pre-feasibility. The post-tax NPV (8%) is estimated at A$1.106 billion with an internal rate of return (IRR) of 16.3%. Julia Creek is projected to generate a total revenue of A$21.7 billion over its 30-year mine life, primarily from vanadium pentoxide (A$11.5 billion) and transport fuel sales (A$10.1 billion). Pre-production capital expenditure is estimated at A$791 million, with a payback period of approximately five years from the start of mining operations. The mine will target annual production of 10,571 tonnes of 99.5% pure vanadium pentoxide and 313 million litres of transport fuel. Mineralisation is to be sourced from a shallow open-cut pit, with an average strip ratio of 5:1. The project has a significant JORC mineral resource of 2.87 billion tonnes at 0.31% V₂O₅ and includes substantial oil resources. QEM aims to supply high-purity vanadium pentoxide for energy storage applications, particularly Vanadium Flow Batteries. Additionally, the project aims to enhance Australia's fuel security by producing transport fuel domestically. #Proactiveinvestors #QEMLimited #ASX #JuliaCreekProject, #VanadiumPentoxide, #TransportFuel, #EnergyStorage, #ScopingStudy, #CriticalMinerals, #VanadiumFlowBatteries, #MiningIndustry, #VanadiumResource, #BatteryStorage, #RenewableEnergy, #PreFeasibilityStudy, #VanadiumMarket, #MineralResource, #OilShale, #MiningProjects, #EnergyTransition, #AustraliaMining, #VanadiumProduction #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Riversgold Ltd (ASX:RGL) chairman David Lenigas discusses the latest assay results from the Northern Zone Intrusive Hosted Gold Project, located 25 kilometres east-south-east of the Kalgoorlie Super Pit in Western Australia. Lenigas expressed enthusiasm about the recent drilling results, which exceeded the company's expectations. He highlighted the discovery of a high-grade supergene zone with grades ranging from 2 to 5 grams of gold per tonne, starting at about 30 meters in depth. Lenigas also discussed the project's strategic location near Kalgoorlie, emphasising its excellent logistics, access to third-party processing plants, and proximity to other active operations like Black Cat Syndicate. He shared that Riversgold is planning further drilling, targeting additional JORC resources, with the goal of commencing a high-grade open pit operation. "With the Aussie dollar gold price now at $3,700 an ounce, we're very excited about the potential of this project," Lenigas said, reinforcing the company's positive outlook on the gold market. Don't miss out on more updates and insights—visit Proactive's YouTube channel for additional videos. Don't forget to like this video, subscribe to the channel, and enable notifications for future content. #Riversgold #GoldMining #Kalgoorlie #NorthernZone #DavidLenigas #GoldExploration #GoldPrice #MiningInvesting #JORC #ProactiveInvestors #GoldAssay #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Far East Gold Ltd (ASX:FEG) CEO Shane Menere joins Proactive's Tylah Tully to discuss plans for a maiden JORC 2012-compliant resource estimate for the Idenburg gold concession in Indonesia. As part of this work, the company has engaged SMG Consulting to conduct a full audit of the site, including drill core and previous assays. This process aims to identify the drilling and assay work necessary to expedite the completion of a JORC resource. The company has significant historical data from previous exploration efforts, including an Exploration Target of more than 7.2 million ounces. The project covers a 95,280 hectare Contract of Work in the Papua province, an area known for significant gold and copper deposits. The Idenburg project has been bolstered by recent forestry restrictions being downgraded to Production Forest, aiding in its development. The full report titled ‘PT Iriana Mutiara Idenburg Exploration Target Report June 2024' is now available on the company's website. #Proactiveinvestors #FarEastGold #ASX #Idenburg #JORCResource #GoldExploration #MiningNews #PapuaGold #ExplorationTarget #GoldAssay #SMGConsulting #ResourceDevelopment #GoldProject #MineralExploration #IndonesianMining #MiningIndustry #GoldDeposits #ResourceAudit #GoldReserves #ASXNews #MiningUpdate #MineralResource #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

In this episode, our Executive Consultant Ian Glacken and Reconcilor Product Owner and Principal Consultant Rayleen Hargreaves discuss the Draft JORC Code with a focus on Reconciliation. This podcast episode at a glance: 00:05 Introduction and overview of Draft JORC Code 01:40 Stakeholders involved in the 2025 JORC Code 03:30 Definition of Reconciliation in the Draft JORC Code 04:30 Clarifications needed with Reconciliation terminology 05:45 Public consultation process and feedback 08:50 Historical vs. Production Reconciliation 15:30 Impact on Public Reporting Practices 16:40 Need for standardisation in Reconciliation Reporting 18:00 Importance of transparent terminology in Reporting 20:00 Potential for Global Reconciliation Standard  21:00 Addressing any ambiguities in the Draft JORC Code 24:00 Final thoughts and call for feedback Join our experts as they explore the topic "Reconciliation Insights: Navigating the Draft JORC Code" in the episode 73 of the Fresh Thinking podcast. If you'd like to connect with Ian and Rayleen, please reach out to them at contact@snowdenoptiro.com. This podcast episode is also available as an audio podcast on @Libsyn, @Spotify, @Apple Podcasts, @Google Podcasts.  Please look for Fresh Thinking by Snowden Optiro. These podcasts are for those working in the mining industry. Snowden Optiro - Mining Advisory, Consulting and Professional Development.

Alex Scanlon, Managing Director and CEO of Barton Gold (ASX: BGD) (OTCQB: BGDFF), joins us to review multiple exploration and development news releases over the last few months, along with updates to the resource estimates at both the Tunkillia and Tarcoola Projects in South Australia.   We start off reviewing the updated Tunkillia Gold Project JORC Resources that have grown earlier this year to 1.5Moz Au, and that the company has just released a Scoping Study to wrap some preliminary life-of-mine metrics and economics around the Project.    Key Highlights from the Tunkillia Scoping Study:    Initial 6.4 year life-of-mine (LOM)  and total ~8 year project life (including construction), with a total of 30.7Mt processed materials grading an avg 0.93 g/t gold (Au) and 2.52 g/t silver (Ag) Initial LoM estimates include: total payable metal of ~833koz Au and ~1,993koz Ag avg annual production of ~130koz Au and ~311koz Ag avg operating cashflow of ~A$1,626 / oz Au (net of by-product Ag credits), and avg All-in Sustaining Cost (AISC) ~A$1,917 / oz Au (net of by-product Ag credits), would currently rank Tunkillia #17 of 47 Australian gold operations reporting AISC / oz Au produced. Higher-grade ‘Starter' pit during first ~18 months of mining and processing: 4.9Mt mill feed averaging 1.26 g/t Au and 3.32 g/t Ag total production of ~181koz Au and ~420koz Ag, and avg operating cashflow of ~A$2,265 / oz Au (~A$396m total) (net of Ag credits). ~A$374m initial capital cost (incl. ~A$70m EPC), before owner costs, pre-strip and contingencies Initial Net Present Value (NPV)7.5% ~A$512m, 40% IRR and 1.9 year payback (unlevered, pre-tax)   Next we transitioned over to the Tarcoola Project, and the resource updates there where the the JORC (2012) Mineral Resources were increased to ~20,00oz @ ~2 g/t Au at the Perseverance Mine area. These resources within 60 - 80 meters of open pit floor, with potential depth / strike extensions.   There is ongoing drilling at Tarcoola to keep expanding the resources, with more drill news to come to market over the next few months.     Alex points out that Tarcoola gives the company optionality in that it is a higher-grade open pit that could be trucked up to their 100% owned Central Gawler Mill to bring in revenues and augment the development funds needed down at Tunkillia.  The Central Gawler Mill has now been reported to have a replacement cost of $100Millon (about double their current market cap), and was just cleaned out and optimized, resulting in gold being recovered and sold for $4.25Million.   If you have any questions for Alex about Barton Gold, then please email us at Fleck@kereport.com or Shad@kereport.com.   Click here to see the latest news from Barton Gold

In this episode, we discuss the latest updates from Bezant Resources. IDM International Limited, to which Bezant sold its interest in the Mankayan Copper Gold project in the Philippines, recently provided a shareholder update and launched a new corporate website. Bezant currently holds approximately 22.96% of IDM's share capital. Colin expresses satisfaction with IDM's progress on the Mankayan project, highlighting its significance as a Tier 1 asset amidst the global copper shortfall. IDM's updates included the renewal of the Mankayan mining license, completion of prefeasibility drilling, and advancements in securing a life of mine social license. With substantial drilling data and JORC-compliant resources, the Mankayan project is pivotal for future copper supply. Tune in to hear more about these exciting developments and what they mean for the future of Bezant Resources. Disclaimer & Declaration of Interest The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.

In this episode of Sunday Roast, hosts Phil Carroll and Kevin Hornsby are joined by Metals One CEO Jonathan Owen to discuss the latest developments from the Finland Black Schist Ni-Zn-Cu-Co Project. They delve into the recent assay results from the P5 JORC Exploration Target in the Paltamo area, highlighting the opportunity to convert P5 into a mineral resource. Metals One has engaged Mining Plus to undertake the new mineral resource estimate, adhering to JORC 2012 standards, with results expected in July 2024. Additionally, Sapan Ghai, CCO of Sovereign Metals, joins the discussion to talk about the Kasiya project in Malawi advancing to the pilot phase. As always, the episode covers the latest news stories and analyses the movers and shakers of the week on the stock market. Tune in for detailed insights and expert opinions on these exciting developments in the strategic metals and mining sector. Disclaimer & Declaration of Interest The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.

Interview with Gregory Martyr, Executive Chairman of Capital Markets PLCOur previous interview: https://www.cruxinvestor.com/posts/capital-metals-aimcmet-high-grade-long-life-mineral-sands-resource-5310Recording date: 16th May 2024Capital Metals (AIM:CMET) presents a compelling investment opportunity in the high-growth mineral sands sector. The company's flagship Eastern Minerals Project (EMP) boasts a large, high-grade resource in Sri Lanka with substantial expansion potential. With a strategic partnership with experienced developer Sheffield Resources and a clear path to production, Capital Metals is well-positioned to create significant value for shareholders.The key attraction of Capital Metals is the quality and scale of the Eastern Minerals Project. EMP hosts a 17 million tonne JORC resource at a high grade, outcropping from surface along a 60km strike. Remarkably, the current resource only covers 10-20% of the company's total tenement holdings, highlighting the immense upside potential. Executive Chairman Gregory Martyr believes the resource could easily triple in size with further drilling, making it a district-scale mineral sands opportunity.Capital Metals is fast-tracking EMP towards production, with a Pre-Feasibility Study (PFS) underway and targeted for completion in early 2025. The company aims to make a Final Investment Decision shortly after, putting it on track for first production in 2026 at an initial rate of 650ktpa. EMP benefits from a low cost, simple mining and processing route, with a plan to produce a heavy mineral concentrate from surface mining and mobile wet concentration plants.The project is strategically located near the Oluvil Port in eastern Sri Lanka, providing a simple logistics pathway to market. While the port requires dredging to accommodate larger vessels, it provides a low-capex solution for the early years of operation. Capital Metals is also evaluating other potential logistics options as production grows, including access to larger ports by road or rail.A significant recent development is the strategic partnership with ASX-listed mineral sands developer Sheffield Resources. Sheffield has taken a 10% stake in Capital Metals with an option to increase to 14%, and is in discussions to potentially fund 50% of the project capex to earn a 50% interest in EMP. Sheffield's involvement provides a strong endorsement of the project and adds significant mineral sands development expertise. It also opens up the potential for an accelerated development timeline and expanded production scenario.The mineral sands market is experiencing strong tailwinds, driven by rising demand for titanium dioxide pigment, zircon and high-grade titanium feedstocks. With limited new supply in development globally, projects like EMP are well-positioned to benefit from the constructive commodity price outlook. Sri Lanka is a proven mineral sands mining jurisdiction, with several operations in production since the 1960s.Capital Metals is led by a highly experienced management team with a strong track record in mineral sands development. Executive Chairman Greg Martyr has over 20 years of experience in the sector, including as CEO of Mineral Deposits Limited where he oversaw the development of the Sabodala gold mine in Senegal.With a district-scale, high-grade mineral sands project, a strategic partnership with Sheffield Resources, and a clear path to production, Capital Metals presents a compelling investment opportunity. The company's current £18.8m market capitalization provides an attractive entry point, with significant potential for re-rate as it advances EMP through the development pipeline. For investors looking for exposure to the high-growth mineral sands thematic, Capital Metals is a company to watch closely.View Capital Metals' company profile: https://www.cruxinvestor.com/companies/capital-metalsSign up for Crux Investor: https://cruxinvestor.com

Interview with Lindsay Reed, CEO of Minbos Resources (ASX:MNB)Our previous interview: https://www.cruxinvestor.com/posts/minbos-resources-mnb-taking-advantage-of-rising-phosphate-prices-2011Recording date: 14th May 2024Minbos Resources, an Australian company listed on the ASX, is developing Angola's promising Cabinda phosphate project. The project offers an attractive investment opportunity in the growing African agricultural sector with a large, high-grade resource, low projected costs, and strong domestic demand.The Cabinda project boasts a JORC resource of 8 million tonnes at 30% P2O5 content. Minbos plans to produce a phosphate rock concentrate well-suited for direct application as fertiliser in the Angolan market. CEO Lindsay Reed highlights the product's high citrate solubility, ideal for Angola's phosphate-deficient soils.The project's initial capex is estimated at just US$24 million, with a quick projected payback of 2 years. Operating costs are forecast at a competitive $117/tonne, providing strong margins at current phosphate prices. Minbos aims to start construction in July 2024 and achieve first production for the 2025/26 cropping season.Minbos is uniquely focused on supplying the domestic Angolan market. Despite vast agricultural potential, Angola currently imports nearly all of its fertiliser. The government has prioritised food security and incentivised local fertiliser production. Minbos has signed an offtake MOU with Grupo Carrinho, a major Angolan food producer, for approximately 80% of the project's initial 200,000 tonne per annum output.The company has conducted extensive field trials in Angola, demonstrating yield increases of up to 300% using its phosphate product. With millions of smallholder farmers and significant undeveloped arable land, Angola's fertiliser demand is set to grow substantially.The Angolan government strongly supports the Cabinda project, granting Minbos a preferential 6.1% tax rate. The company has also secured $14 million in debt financing from the South African IDC, which sees the project as aligning with regional development goals.While the initial project scope targets 200,000 tpa of production, the facilities are designed to enable a low-cost expansion to 400,000 tpa. Minbos is exploring opportunities to serve export markets beyond Angola. Additionally, the company is studying green ammonia production in Angola, leveraging the country's low-cost hydroelectric power to potentially offer a more complete fertiliser product range.Minbos stands out among the few junior companies with African phosphate projects. Peers include Avenira, Kropz Plc, and Ikwezi Mining. Minbos differentiates itself through its Angola focus, low costs, strategic partnerships, and low capex requirements.The investment thesis for Minbos centers on its exposure to the expected growth in fertiliser demand across sub-Saharan Africa, its low-cost and high-margin project, binding off-take agreement, strong government support, expansion and diversification potential, and valuation upside as it transitions to production.—View Minbos Resources' company profile: https://www.cruxinvestor.com/companies/minbos-resources-limitedSign up for Crux Investor: https://cruxinvestor.com

Interview with Chris Stevens, CEO of Coda Minerals Ltd.Our previous interview: https://www.cruxinvestor.com/posts/coda-minerals-cod-robust-npv-in-south-australia-copper-scoping-study-3044Recording date: 16th April 2024Coda Minerals (ASX:COD) is an emerging copper-cobalt developer focused on the Elizabeth Creek project in the heart of South Australia's copper country. With a large resource base, compelling project economics, and multiple avenues for value creation, Coda offers investors a unique opportunity to gain exposure to the strong long-term fundamentals of the copper and cobalt markets.Elizabeth Creek is a significant copper-cobalt deposit, with a JORC resource of over 500,000 tonnes of contained copper and 23,000 tonnes of contained cobalt. A recent Scoping Study outlined an 11-year mine life operation producing 25,000-27,000 tonnes of copper and 1,300 tonnes of cobalt per annum, with robust economics including a pre-tax NPV of A$735 million and IRR of 31%.Importantly, the study results are considered conservative, with multiple opportunities identified to further optimize and enhance returns. Since the initial study, Coda has undertaken optimization work focused on the underground portion of the mine plan, delivering an impressive 30% increase in NPV. CEO Chris Stevens sees significant potential for additional improvements through resource growth, metallurgical optimization, and mine scheduling.A key point of differentiation for Elizabeth Creek is the unique nature of its cobalt endowment. The cobalt is hosted in a rare mineral called Carrollite, which is amenable to conventional processing through flotation and pressure oxidation, with recoveries of over 90%. This is a major advantage over other Australian cobalt projects, which typically face technical challenges in extracting the cobalt. The cobalt component of Elizabeth Creek could therefore command a strategic premium, particularly given concerns around security of cobalt supply.As a junior company, the key challenge for Coda is funding the development of Elizabeth Creek. Management's preferred pathway is to secure a strategic partner to finance the project through to production. Discussions are ongoing with a range of potential counterparties, and the company has prepared a comprehensive data room. Alternative funding options, such as a partial asset sale or joint venture, are also being evaluated. Importantly, Coda is not currently contemplating a highly dilutive equity raise.In the near term, Coda will continue to focus on optimization work to enhance the project economics and further de-risk the development. Key upcoming catalysts include drill results, updated resource estimates, metallurgical test work, and release of the Pre-Feasibility Study. As these milestones are delivered, Coda should be well positioned to secure an attractive funding package and advance Elizabeth Creek towards development.With a market capitalization of just A$20 million, Coda trades at a deep discount to the NPV of its flagship asset and to comparable peers in the copper space. As the company continues to systematically derisk and add value to Elizabeth Creek, there is potential for significant share price upside. For investors looking for exposure to the compelling long-term fundamentals of copper and cobalt, Coda Minerals presents a unique opportunity.View Coda Minerals' company profile: https://www.cruxinvestor.com/companies/coda-minerals-ltdSign up for Crux Investor: https://cruxinvestor.com

Interview with Shaun Bunn, Managing Director of Empire Metals Ltd.Our previous interview: https://www.cruxinvestor.com/posts/empire-metals-loneee-titanium-discovery-could-deliver-10x-returns-4641Recording date: 6th February 2024Junior explorer Empire Metals has made waves with its recent discovery of high-grade titanium mineralization at the Pitfield project in Western Australia. Initial drill results reveal extensive near-surface deposits that could be amenable to simple and low-cost processing methods.As Empire Managing Director Shaun Bunn stated recently, “We're not a low-grade sand mineral operation or a complex hard rock mine. I think we can define a fairly simple processing route now.”This combination of scale, grade, and potential cost profile makes Pitfield a prime takeover target for titanium developers looking to secure supply. For investors, it also provides leveraged upside to rising titanium demand and prices.Last December's 40-hole, 5,718m drill campaign intercepted broad mineralized zones. Significantly, Bunn notes, “every hole from top to bottom [was] in titanium mineral.”High-grade intercepts begin at surface and extend beyond 400m depths. Three diamond holes encountered over 300m of continuous mineralization grading up to 26% titanium dioxide.With the immense mineral system confirmed, Empire has moved to metallurgical testwork and flowsheet development under newly appointed Process Development Manager Naurel Marriott.The goal is to devise a simple beneficiation process leveraging the high natural density of titanium minerals found. This may involve low-cost gravity and magnetic separation before final upgrading.To lead these efforts, Empire has recruited two industry experts with over 72 years of cumulative experience specific to titanium. Initial lab and pilot testing over the next 6-12 months will pinpoint the optimal recovery process.Rather than expend effort on a formal resource estimate at this stage, Bunn's priority is to demonstrate commercial viability. Within 18-24 months, he hopes to have an on-site pilot plant operating.As Bunn explains, “let's not try and drill this thing out and have a JORC resource because that doesn't answer the fundamental question - how do we get the titanium out and what do you make once you understand that?"With positive metallurgy results, the timeline from demonstration plant to development could be compressed. The recent $3 million financing provides a runway through these studies.For investors, Pitfield represents a unique entry point to the titanium space, just as supply shortages are forecast. As the world moves aggressively toward decarbonization, titanium will be one of the metals most critically in demand across green energy and EV applications.In Pitfield, Empire controls what may shape up as the most significant undeveloped titanium deposit globally. The next 6-12 months will go a long way in quantifying just how significant.—View Empire Metals' company profile: https://www.cruxinvestor.com/companies/empire-metalsSign up for Crux Investor: https://cruxinvestor.com

Mike Spreadborough, Executive Co-Chairman of Novo Resources (TSX:NVO - OTCQX:NSRPF - ASX:NVO) ("Novo" or the "Company") joins me to highlight the most recent, December 18th, news release reporting the forming of a strategic Joint Venture with SQM Australia ("SQM") for 5 of Novo's lihtium-nickel tenements in West Pilbara. SQM will pay Novo A$10million for a 75% interest in the 5 tenements. Novo will have a 25% free carried interest until a decision to mine has been made.    Mike and I discuss the terms of the deal, including the possibility of more tenements being added to the Joint Venture within 12 months and a possible contingent success payment to Novo based on a JORC compliant ore reserve report. I also have Mike update us on other lithium deals that SQM has entered into in Australia.   To wrap up I have Mike provide an update on Novo's ongoing gold exploration in Australia. He highlights 3 Projects that the Company either has ongoing drilling, just wrapped up drilling or is going to be drilling early next year.   Please email me with any further questions you have for Mike at Novo. My email address is Fleck@kereport.com.   Click here to visit the Novo website and read over the full news release.   Discloser - Cory is a shareholder of Novo Resources.

Interview with Wayne Heili, CEO of Peninsula Energy (ASX: PEN)Our previous interview: https://youtu.be/GRL-D7iE9jURecording date: 6th September 2023Peninsula Energy is an evolving uranium developer focused on advancing its significant Lance Project into a long-lasting, sustainable uranium enterprise. Located in Wyoming, a top-tier mining and uranium jurisdiction, the Lance Project is one of the most expansive US uranium endeavors, boasting a JORC (2012) Resource of 53.7Mlbs¹ U3O8, encompassing the Ross, Kendrick, and Baber regions. Uniquely, Lance is the sole US-based uranium project sanctioned to utilize the cutting-edge low-pH ISR process, a trusted and efficient method for uranium production. As a testament to its capacity, over 60% of the world's uranium produced in 2021 used this method. Moreover, Lance's production capabilities are notable, with an existing plant output of 0.82Mlbs U3O8 annually, licensed potentials of up to 3Mlbs U3O8 per year, and Peninsula anticipates restarting commercial activities by mid-2023.Peninsula prides itself on its seasoned team, skilled in uranium technology, development, and operations, and has already achieved significant milestones in staffing, technicality, regulation, and pre-operation preparations. The company also possesses a well-established contract portfolio, ensuring sales for up to 5.25 million lbs U3O8 until 2033, catering to major utilities both in the US and Europe. With the global emphasis on uranium as an eco-friendly energy source, propelled by worldwide decarbonization initiatives, once Lance becomes operational, Peninsula is set to play a pivotal role in powering a more sustainable future.

Interview with Chris Stevens, CEO & Executive Director of Coda Minerals (ASX: COD)Coda Minerals is an exploration company focused on the exploration, discovery and development of minerals in the base metals, precious metals and battery minerals sector. Coda owns a 100% interest in the Elizabeth Creek Copper Project in South Australia. The Elizabeth Creek Copper Project has a long history of Cu production, established JORC 2012 compliant Resources and excellent exploration upside potential. The Company listed on the ASX in October 2020, following a heavily oversubscribed IPO and is actively progressing exploration at its flagship Emmie Bluff Copper-Cobalt-Silver prospect.

Coda Minerals is an exploration company focused on the exploration, discovery and development of minerals in the base metals, precious metals and battery minerals sector. Coda owns a 100% interest in the Elizabeth Creek Copper Project in South Australia. The Elizabeth Creek Copper Project has a long history of Cu production, established JORC 2012 compliant Resources and excellent exploration upside potential. The Company listed on the ASX in October 2020, following a heavily oversubscribed IPO and is actively progressing exploration at its flagship Emmie Bluff Copper-Cobalt-Silver prospect.In June 2022, Coda completed an off-market takeover offer to acquire all of the ordinary shares in Torrens Mining Limited (ASX code: TRN) (Torrens) to consolidate 100% ownership of the Elizabeth Creek Copper Project.