Caeneus Minerals Limited (ASX: CAD) Looking for the next Gold Mine in the Pilbara, Western Australia
Coffee with Samso Episode 110 with Robert Mosig, CEO of Caeneus Minerals Limited (ASX: CAD).
Caeneus Minerals is a nearology play that seems to be showing some signs that they may be tapping into a known mineralised system. The Pilbara may well be finally giving up its long held secret of unknown sources of gold occurrences. The first goldfields of Western Australia may finally be giving up its secret.
I have long said that mineral exploration is where you find the next deposit. I am a big believer that the easiest way to look for a value adding project for shareholders is to find your own. It is well known that a discovery is a combination of science, persistence, excellent management and LUCK.
A combination of all of those points is the key to success. In this episode of Coffee with Samso, I speak to Robert Mosig who is the CEO of Caeneus Minerals Limited (ASX:CAD). Rob is a very experienced geologist who has extensive years of practicing the craft of finding a needle in a haystack. I say this with utmost respect as Robert comes from the brand of diamond exploration geology.
Anyone who has had experience in the world of diamond exploration will tell you that looking for an economic source of diamonds is very expensive and extremely hard. The out of the box thinking, the hours of looking at possibilities is very challenging. To add more merits to Robert, he was also the founder of Helix Resources Limited (ASX: HLX) and Platina Resources Limited (ASX: PGM), which after all these years, are still on the ASX.
Robert shares with us his history and why he feels that there is a great story in Caeneus Minerals' Mallina Basin which is located in the Pilbara Region of Western Australia.
01:14 Robert Mosig Introduction
03:39 The Caeneus projects.
06:08 Exploration is the key to success.
08:31 Sulphides in the drilling at Robert Hill.
10:37 Is the alluvium a good sign for the Pilbara?
13:31 No issue with Refractory Ore.
15:05 Pilbara is well endowed with Gold.
16:01 Are there any similarities in geology with Hemi?
17:53 The significance of the 20,000m drilling program.
20:01 The exploration style reminds me of old school exploration.
21:47 What is the market telling Robert about exploring in the Pilbara?
24:03 Has new information on the Pilbara region helped Robert in his way forward?
26:00 What are the news going forward?
26:57 Last words of wisdom from Robert.
About Robert Mosig
Mr Mosig is a geologist with over 30 years experience in platinum group metals, gold, diamonds and specialty metals. In 1986 he was the founding Managing Director of Helix Resources (ASX:HLX) and in 2006 he was the founding Managing Director of Platina Resources Limited (ASX:PGM).
Mr. Mosig brings to the Caeneus team a strong technical and corporate contribution covering involvement in field programs through to corporate and technical acquisitions and fund raising activities.
About Caeneus Minerals Limited (ASX: CAD)
Caeneus Minerals Ltd (ASX: CAD) is an Australian-based mineral exploration and development company established for the purpose of acquiring a portfolio of highly prospective exploration projects.
The Mallina Province Project
The company’s exploration licences at Roberts Hill and Mt Berghaus cover an area of 170 sq km and 179 sq km respectively and are situated approximately 50 kilometres to the south of Port Hedland. The ground is comprised of structurally and chemically altered granitic, intermediate and ultramafic intrusive rocks which are considered highly prospective for additional gold occurrences to the recent discoveries in the region (De Grey’s Hemi).
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.
Share to Grow: Your Bonus
Samso has just released an eBook: How to Add Value to your Share Portfolio
A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook.
If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on firstname.lastname@example.org.
Samso's compelling ASX stories are also featured on Brilliant-Online.