Coffee with Samso Episode 58 with Brad Underwood, Managing Director of Galileo Mining Limited (ASX: GAL) The process of Exploration is slowly eliminating all the possibilities, and the year of the Mighty Metal Ox in 2021 is set to bring on its strong back a steady, confident outlook. Galileo Mining Limited (ASX: GAL) is slowly creating a make or break situation for itself with the Albany Fraser nickel sulfide project. Blessed with one of the best portfolio of projects in the Fraser Range in Western Australia, Galileo has been bulldozing tirelessly over the last twelve months. One of the key messages that Brad tells us is that Galileo is all about nickel exploration and they take the bull by the horns and drill for it! Not unlike the hardworking, strong and tireless animal, the company is single-minded in its dedication to exploration: They have worked in the Fraser Range for over 10 years now and with this rock solid experience, they know what will work to make a discovery. They are doing four to five drilling programs per year. Since the company has listed, they have already completed 13 drilling programs. That is no mean feat for a company. Brad gives us a good understanding of what the company has done in the last twelve months before outlining the exploration strategies in 2021. Drilling out Lantern East. Continuing the exploration in Lantern South. Initiating the Norseman project. Rising nickel price. Future demand for Nickel Sulfide. EM surveys to identify new targets. Watch the interview: Coffee with Samso Episode 58 I have always liked this company as they take the bull by the horns and go straight for what matters - they are dedicated to exploration, pure and simple. There is no corporate juggernaut, there is no pretence of being anything but a company that raises money and devotes it entirely to exploration. That makes them a reliable and trustworthy entity. The team at Galileo is ultimately a group of technical people who have worked closely with Mark Creasy over the last 10 years and are now in a public company. The projects are prospective as they have been nurtured over the last 10 years. The share price may have taken a roller coaster ride over the last nine months but the prospectivity of the tenements remains at the same level. It is this level of prospectivity that maintains my optimism of the company and the chances of discovery. With the new year, we are all looking for more stability and this is one company I feel a stronger sense of security with. PODCAST About Galileo Mining Limited (ASX:GAL) Galileo Mining is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL and is exploring for base metals in south-east Western Australia. The company has 100% ownership of its Norseman Project and has Joint Ventures with the Creasy Group over highly prospective tenements in the Fraser Range. The Norseman Project is located adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia. A bitumen highway runs parallel to the project area and is less than 10km from the Company’s current JORC cobalt-nickel resources. The Norseman Project includes numerous areas with potential for further cobalt discoveries as well as additional nickel and copper prospects. The Fraser Range Project covers two zones of the extensive Fraser Range geological belt. The Fraser Range is known for the world-class Nova nickel-copper-cobalt mine discovered by Sirius Resources in 2012. Galileo’s northern Fraser Range tenement is 80km from the operating Nova mine while the southern tenements are just 30km from the mine. Galileo is targeting Nova style nickel-copper-cobalt mineralisation in the Fraser Range and has a deep level of experience in the region. The company was originally privately owned by renowned prospector Mr. Mark Creasy, and Galileo Managing Director Mr. Brad Underwood spent eight years as General Manager of the Creasy Group’s exploration at the Fraser Range and Norseman. Galileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. Mr. Creasy continues to be the largest shareholder, controlling approximately 31 percent of the company. ASX-listed miner Independence Group (ASX: IGO) and Mineral Resources’ founder Chris Ellison are included within the Company’s top five largest shareholders. Galileo Key Milestones: 2003 – Registered as a private company wholly owned by Mark Creasy 2004 – Acquired the Norseman project 2006 – Initial drilling conducted at Norseman 2017 – Maiden JORC Resource completed at Norseman 2018 – Acquired interest in the Fraser Range project 2018 – Launched on the ASX as a public company It has been nearly two months since I last spoke with Mr. Underwood, Managing Director of Galileo Mining Limited. Click on the podcast below for an update on nickel exploration. The science and techniques of nickel exploration process is easy but there are potential issues. As we speak, the company is undergoing its first diamond drilling program at its Fraser Range Nickel Belt in Western Australia. About Brad Underwood Brad Underwood is the Chairman and Managing Director of Galileo Mining. Mr. Underwood is a geologist with over 18 years’ experience in exploration, prospecting and mining. He has been involved in copper, gold, nickel and cobalt discoveries and the development of numerous prospects over a variety of commodities. Watch the last Coffee With Samso conversation with Brad here. Galileo's strategic focus on nickel, copper and cobalt in tier-1 mining jurisdiction. Listen to the last Rooster Talk conversation with Brad here. Focusing on the science and techniques of nickel exploration - the easy process and potential issues. Disclaimer 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 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 noel.ong@samso.com.au. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.

Coffee with Samso Episode 152 with Brad Underwood, Executive Chair and Managing Director of Galileo Mining Limited (ASX: GAL) talks about the Callisto PGE/Palladium discovery. The discovery of a PGE system has been made in Norseman, Western Australia. Now it is all about establishing a resource and create a path to production. This episode is a discussion on the potential and the understanding of what Callisto can be and the path to production. The project is blessed with the best access to highway, railway, gas pipeline and access to a deep port in Esperance. Watch the interview: Coffee with Samso Episode 152 As Galileo Mining moves into a new phase of drilling, I ask Brad Underwood how investors understand the PGE story. I ask him what can investors look for to better understand a good result and how to see value creations as more drill results materialize. Galileo has been creating so much value for shareholders lately with the discovery so I asked Brad what he thinks of the mineral resource industry. What are his thoughts about the future market sentiment? This sentiment will also dictate when his potential production path will follow. This is one of the best episodes with Brad Underwood so I urge readers to get a cup of coffee, tea or hot chocolate and settle in for a good half an hour of the Galileo story. Chapters: 00:00 Start 00:20 Introduction 01:28 Updates on the Callisto discovery. 02:10 Understanding the Callisto Project. 05:28 Interpreting the cross sections. 07:00 What is the next drill program testing? 08:48 Is this the biggest drill program in Galileo? 10:21 Lessons learnt from Exploration Results. 12:12 PGE Story - Rhodium. 14:15 PGE Story - Palladium. 15:28 How do Investors understand the PGE Story? 17:25 The Fraser Range Project. 18:10 Investors - Patience in PGE projects. 20:25 Plans on other projects. 21:46 Callisto - Production and cashflow timeline. 23:36 Will the Mineral Resources Boom Continue? 26:30 News flow summary. 28:16 Conclusions. PODCAST About Brad Underwood Executive Chair and Managing Director Brad Underwood is the Chairman and Managing Director of Galileo Mining. Mr. Underwood is a geologist with over 18 years of experience in exploration, prospecting and mining. He has been involved in copper, gold, nickel and cobalt discoveries and the development of numerous prospects over a variety of commodities. Previous conversations with Brad Watch the previous Coffee With Samso conversation with Brad here. Galileo's strategic focus on nickel, copper and cobalt in tier-1 mining jurisdiction. Listen to the Rooster Talk conversation with Brad here. Focusing on the science and techniques of nickel exploration - the easy process and potential issues. Featured on Brilliant-Online Galileo Mining Limited shares Methodical Approach to the Search for Nickel and Palladium About Galileo Mining Limited (ASX:GAL) Galileo Mining is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL and is exploring for base metals in south-east Western Australia. The company has 100% ownership of its Norseman Project and has Joint Ventures with the Creasy Group over highly prospective tenements in the Fraser Range. The Norseman Project is located adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia. A bitumen highway runs parallel to the project area and is less than 10km from the Company’s current JORC cobalt-nickel resources. The Norseman Project includes numerous areas with potential for further cobalt discoveries as well as additional nickel and copper prospects. The Fraser Range Project covers two zones of the extensive Fraser Range geological belt. The Fraser Range is known for the world-class Nova nickel-copper-cobalt mine discovered by Sirius Resources in 2012. Galileo’s northern Fraser Range tenement is 80km from the operating Nova mine while the southern tenements are just 30km from the mine. Galileo is targeting Nova style nickel-copper-cobalt mineralisation in the Fraser Range and has a deep level of experience in the region. The company was originally privately owned by renowned prospector Mr. Mark Creasy, and Galileo Managing Director Mr. Brad Underwood spent eight years as General Manager of the Creasy Group’s exploration at the Fraser Range and Norseman. Galileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. Mr. Creasy continues to be the largest shareholder, controlling approximately 31 percent of the company. ASX-listed miner Independence Group (ASX: IGO) and Mineral Resources’ founder Chris Ellison are included within the Company’s top five largest shareholders. Galileo Key Milestones 2003 – Registered as a private company wholly owned by Mark Creasy 2004 – Acquired the Norseman project 2006 – Initial drilling conducted at Norseman 2017 – Maiden JORC Resource completed at Norseman 2018 – Acquired interest in the Fraser Range project 2018 – Launched on the ASX as a public company 2020 – Nickel Sulphides confirmed at Fraser Range project Disclaimer 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. Download eBook VMS (Volcanogenic Massive Sulfide) Deposits Explained In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment. I suggest you download this eBook which explains the VMS and 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. Share to Grow 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 noel.ong@samso.com.au. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Coffee with Samso Episode 168 with Brad Underwood, Executive Chair and Managing Director of Galileo Mining Limited (ASX: GAL) is about the year of Callisto. The discovery of the Callisto PGE system in Norseman, Western Australia has all but sealed the future paths of the company. Galileo Mining is now at the resource building stage and Brad is calling 2023 the Year of Callisto. This episode is all about where Callisto is headed in the near future. Watch the interview: Coffee with Samso Episode 168 The Galileo story has always been about finding resources. It is a rare company in the small cap mineral resource companies sector that is focused on finding a resource that is meaningful. As we know, the amount of work is directly related to what is in the bank account. And Galileo has a lot of funds in their bank account. The reason why Galileo can sustain the continuous mineral exploration activities is due to the fact that the major shareholder is Mark Creasy. Google him and you'll find out soon enough about the caliber of this shareholder. Galileo will continue to drill, and by all accounts from the recent drilling, the grades are looking to be getting better with depth. I have suspected that the early exploration results were indicating some trend towards the east, and it is nice to see that more drilling has shown this to be true. Brad Underwood gives us a great review of the results and what investors should take away from this Coffee with Samso. The Callisto Story is a classic successful mineral exploration story of perseverance, having the faith in the science and a great management team. DYOR is the key here for investors and shareholders. I encourage viewers to reach out to Brad Underwood and get him to explain any questions you may have from today's Coffee with Samso. Get comfortable, and enjoy this episode of Coffee with Samso. Chapters: 00:00 Start 00:20 Introduction 01:28 Brad Underwood introduces Galileo Mining Limited. 02:04 Is 2023 All about Callisto? 03:33 Brad narrates the mineralisation at Callisto. 07:41 Is the grade increasing with depth? 09:21 Galileo is All In on Callisto. 11:08 Proving the geological model. 11:52 What is Callisto? 13:41 How much of Callisto is still not understood? 15:41 Galileo is all about finding resources. 17:56 How are recent results adding to the value of Callisto? 20:30 News Flow. 22:17 How should Investors view Galileo Mining Limited now? 24:18 Can Callisto get bigger? 25:34 Why buy Galileo Mining Limited? 26:36 The exciting part of Galileo Mining Limited. 26:59 Conclusion PODCAST About Brad Underwood Executive Chair and Managing Director Brad Underwood is the Chairman and Managing Director of Galileo Mining. Mr. Underwood is a geologist with over 18 years of experience in exploration, prospecting and mining. He has been involved in copper, gold, nickel and cobalt discoveries and the development of numerous prospects over a variety of commodities. Previous conversations with Brad Watch the previous Coffee With Samso conversation with Brad here. Galileo's strategic focus on nickel, copper and cobalt in tier-1 mining jurisdiction. Listen to the Rooster Talk conversation with Brad here. Focusing on the science and techniques of nickel exploration - the easy process and potential issues. Featured on Brilliant-Online Galileo Mining Limited shares Methodical Approach to the Search for Nickel and Palladium About Galileo Mining Limited (ASX:GAL) Galileo Mining is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL and is exploring for base metals in south-east Western Australia. The company has 100% ownership of its Norseman Project and has Joint Ventures with the Creasy Group over highly prospective tenements in the Fraser Range. The Norseman Project is located adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia. A bitumen highway runs parallel to the project area and is less than 10km from the Company’s current JORC cobalt-nickel resources. The Norseman Project includes numerous areas with potential for further cobalt discoveries as well as additional nickel and copper prospects. The Fraser Range Project covers two zones of the extensive Fraser Range geological belt. The Fraser Range is known for the world-class Nova nickel-copper-cobalt mine discovered by Sirius Resources in 2012. Galileo’s northern Fraser Range tenement is 80km from the operating Nova mine while the southern tenements are just 30km from the mine. Galileo is targeting Nova style nickel-copper-cobalt mineralisation in the Fraser Range and has a deep level of experience in the region. The company was originally privately owned by renowned prospector Mr. Mark Creasy, and Galileo Managing Director Mr. Brad Underwood spent eight years as General Manager of the Creasy Group’s exploration at the Fraser Range and Norseman. Galileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. Mr. Creasy continues to be the largest shareholder, controlling approximately 31 percent of the company. ASX-listed miner Independence Group (ASX: IGO) and Mineral Resources’ founder Chris Ellison are included within the Company’s top five largest shareholders. Galileo Key Milestones 2003 – Registered as a private company wholly owned by Mark Creasy 2004 – Acquired the Norseman project 2006 – Initial drilling conducted at Norseman 2017 – Maiden JORC Resource completed at Norseman 2018 – Acquired interest in the Fraser Range project 2018 – Launched on the ASX as a public company 2020 – Nickel Sulphides confirmed at Fraser Range project Disclaimer 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. Download eBook VMS (Volcanogenic Massive Sulfide) Deposits Explained In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment. I suggest you download this eBook which explains the VMS and 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. Share to Grow 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 noel.ong@samso.com.au. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Another Samso Insight for the Metals and Mining sector Here's what I learnt from Rick Rule on what drives rapid market reaction and finding those Warren Buffet moments. Is this market sustainable or is it a bubble waiting to explode? Read on to find those golden nuggets. Was 1987 the mother of all crashes? In my nearly 30 years in the mineral resource industry, I have never seen or participated in a rush like the last five months. Prior to the stock market crash of 1987 when I was sitting in the Reid Library (University of Western Australia) counting what percentage of the Porsche 911 I had, I thought this was the easiest thing. Investing in equities was simple. The crash came and that car was no longer in the picture. Just as well it was in theory. As it turns out, for me, that crash would turn out to be one of many "crashes" for me to experience over the last three decades. As a geologist, there would be even more ups and downs. If we had thought that the 1987 crash was a mother of all crashes, the chart below will tell a different story. The 2008 drop would have to be the biggest and that was due to naughty bankers. Rightfully too as they are the masterminds of the world financial system. The recovery was pretty fast for the bigger companies. For the rest of the small-cap sector, and the mineral resources sector, it was literally being dragged through the desert and then the thorny bushes and then through the salt fields. And when we resurfaced, we found that the water source was not working and those that worked were leaking. For those people who were in the corporate sector, raising money was a hard slog. I remember listing my company in 2009 and then wondering how we were going to raise more money in the future. Equity markets - 2020 Today, August 2020, for me, in terms of investing in shares this is a surreal feeling of Deja Vu for me. I have seen stocks take off from $0.005 to $0.072 on not much news and activity. The company has not announced anything so how is one to make an informed decision. This is not to say that the company is bad, it is what the market, in general, has been doing since that faithful last week in March. The company I am referring to is, of course, Kairos Minerals Limited (ASX: KAI) . The Pilbara has this history of sparking a rush lately with the Conglomerate Gold rush in late 2017 and now what I call the Hemi Goldrush. The Hemi Goldrush is all about the discovery of the Hemi gold deposit by De Grey Mining Limited (ASX: DEG) . De Grey made an announcement on 17 December 2019 and it was on for the young and old. Anyone that had something that was close by and had some essence of similarity would attract the attention of eager punters. You would have thought that was the case but, punters were still few and far between. As you can see the share price of Kairos was pretty much underwater until that last week of March The share price for De Grey did not really start to move until February and took off around the same time as the whole market in the last week of March 2020. Hemi was touted as the next gold mine in the Pilbara and that may still be the case. It was a brand new discovery that made De Grey the darling of the market. Not too long before the discovery, when the company was trying to raise money, they were being shunned and how fortunes favour the brave. On another chapter, Calidus Resources Limited (ASX: CAI) which was completing a Feasibility Study on its Warrawoona Gold Project seemed to be on hiatus. Everyone was waiting for the completion of the study. Hence this meant that they were not attracting too many suitors but again, sprang to life on the last week of March. I am starting to feel that there is something different about this market. The market factors were looking different and investors are doing things differently. Rapid Market Reaction Uncertainty crept in and the wonderful four-letter word FEAR was driving the price of gold up. As the gold price started to move up and the reality of COVID became clear, for some reason, the market went into overdrive. Companies that had just an inkling of money being raised, potential projects being acquired was driving share prices in multiples of 10x and 20x. Everything was on the move. Investment decisions were being made not on technical merit but that fact the stock was going to "fly". When I looked at some of these projects on its technical merit, I was puzzled at what was so good and why on earth would anyone want to put money in them. It became clear that the market was no longer reacting to substance but rather on the power of a driving market. There were conversations about money being raised everywhere. There are too many examples to list and too many names to mention that were influencing the rising sentiment. During this time, I had a couple of conversations with Rick Rule and we had a couple of Coffee with Samso to talk some sense of this market. Rick Rule is the Senior Managing Director of Sprott Inc . and the President & CEO of Sprott US Holdings. Check out these episodes of Coffee with Samso with Rick Rule Gold, Equities, Sprott Management and Australian Gold Exploration (Not the best of recording) Markets and Commodities with Rick Rule Rick shares some great points and the one that sticks to my mind are the following: People buy GOLD when they FEAR They buy Silver when they are GREEDY. If the price of gold is at a level that is considered more than a demand vs Supply vs Insurance, there is something drastically wrong in our world. In the beginning, Invest first and Speculate later. I have taken on board these comments and I am looking at this market and thinking that one should now start to Invest and Speculate later. All the first three statements are now in play. This is not to say that the market is about to blow up, but rather to say that it is time to look at the substance rather than the speculative "plays". What is Substance? Let us look at some of the ones that are pretty obvious in the market now. One would ask the obvious question. Have they peaked? Is the gold price going to come back? Are we going to see a major pullback? The answer to this question is simple. DYOR (Do Your Own Research) and don't let FOMO (Fear Of Missing Out) drive your thinking. I would look for near producers that are undervalued and have lots of upside for growth. I agree that there are very little left in this category but I have two that I feel will do well (Hint: Don't stop reading now :-)...). If you look hard enough, you will find them. Warren Buffet finds them so you can as well. As he says, he only needs to find one or two a year and that will do him well. When he finds them, he goes in big. After many years of "speculating", I am now a practitioner of this method. This is a sign of old age and preparing for a slower pace of life :-) I am now in the school of "trying" to find those Warren Buffet moments and then backing the truck into it. There are many opportunities to "punt" but there are only one or two that you will "invest". Which Commodity? In terms of Gold, I think that the government stimulus which is happening all over the world now will keep gold price buoyant and most likely go up depending on how COVID plays out. Remember that prior to COVID, the inflationary issues associated with printing too much money was already rearing it head out of the pack. As for the base metals, I think all major and minor economies are just entering the next phase of rebuilding and so base metals will attract strong demand. I believe that copper will be the star of this batch. Dr. Copper is never wrong! There is the transition to EV (Electric Vehicles) and Renewable Energy, so the likes of Nickel, Lithium, Cobalt (?), REE and Uranium will be in strong demand. I just had an interesting conversation with an associate who is heavily into the trading of Spodumane (Li) . He has some good reasons that point to a Lithium recovery. Hard rock lithium recovery. What do I like? I like Blackstone Minerals Limited (ASX: BSX) because they have a very good project in Vietnam. This is a mine waiting to happen. This is a mine within the market for Nickel Sulphide. This is a mine with a great partner in EcoPro. So what is there not to like? My only regret is that I had to sell my holdings way too early. Looking at Figure 6, I am sure they are going to be a shining nickel company. Let us hope management still remembers how to spell Samso. I have been a great sideline supporter of this project from late last year. I am pretty sure the share price was around $0.15. Currently sitting over $0.40 is a true testament to the hard work from the management of the company. One that I have a holding in and I am happy shareholder is Hot Chili Limited (ASX: HCH) . Again, from my DYOR article on porphyry deposit in Chile - Copper Porphyry Districts - Chile & Associates - I have learnt that this is well managed and is a giant waiting to come out of the woods. There have been a couple of Coffee with Samso with Christian Easterday and I remember our discussion was on how the public never really understood the potential of the adjacent porphyries in El Fuego. If you watch the Coffee with Samso and the Rooster Talk I have done with Christian, you will slowly understand that this is one of those Warren Buffet moments. Even at the $0.039, the market capitalisation is only AUD77M. Go figure that. Conversations with Christian Easterday Coffee With Samso A Giant Copper - Gold Porphyry Story, Chile Tier-1 Copper-Gold Porphyry Deposits Rooster Talk Unveiling the Giant Copper Deposit - Hot Chili Limited (ASX: HCH) The beauty of HCH is that the market is still unaware of the value creation. The persistence of management to keep delivering milestones is commendable . it is not easy to stick to this task for ten years and work through some tough times. Conclusion I don't think this market is going to burst. However, I do feel that the small-cap market is now so speculative, the safest way is to look for value. I know this last statement goes against everything that a small-cap "investor" would do. My thoughts are based on the fact that this market is the best I have seen. In fact, if you look around the world, almost every exchange that I have some insight to is up and is as active as the ASX . The advice from Rick Rule is resonating in my mind as I write this. Invest first and speculate later. Gold is rising so FEAR is in the air. Silver is rising so GREED is near. The best way for me to create some form of insurance is to find those Warren Buffet moments. Disclaimer 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 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 noel.ong@samso.com.au . About Samso

Coffee with Samso Episode 70 is with Rick Rule, Senior Managing Director, Sprott Inc., and President & CEO, Sprott U.S. Holdings Learning is best done when you actually listen. In this episode of Coffee with Samso, I recommend listening well. Just over twelve months ago, I was browsing through LinkedIn and saw Rick Rule giving an interview and wondered if he would be interested to have a Coffee with Samso. I was thrilled he readily agreed. Rick Rule is on his third Coffee with Samso and the timing is impeccable as this is almost twelve months since our first conversation. That was when the pandemic had just started and everyone was thinking it would perhaps be chaotic for a while. As most investors know, this was followed by an equity rise not seen for many decades. The chaos was far from short-term. It has already been a year. Check out our Insight on The Best Equity Investment Since the 1980s for more insights on this. In this Coffee with Samso, Rick shares with us some pointed topics as we work through some of the issues that we have faced and will face in the coming months. As precious metals take a step backward recently, the anticipation of the EV Revolution has sparked a race where investors were seen rushing to expose themselves to the Lithium market. We also discuss this rush as well as the recent interest in the REE and Silver. Rick reminds investors that Rare Earths Elements (REE) and Lithium are not rare. Where you want to position yourself is at the processing end of this sector. Do not chase the market noise/narrative but instead understand and believe the story of the company. And that's why Samso is proud to bring you stories direct from ASX companies! The recent "hot news" on REE and Silver which have captivated the market sentiment is not really making Rick excited. Make sure you tune in to understand why this is the case. Rick offers to review your resource share portfolio here Look out for the part where Rick offers to review your resource share portfolio. All you need to do is go to the link below and list your resource stocks and he will personally rank them from 1 to 10 (1 = best and 10 = worst). He will personally make comments on stocks that he knows as well. If you include charts in the question line, he will include Barron's gold mining chart which is a 50-year gold equities chart and a 100-year chart on commodities chart. https://sprottusa.com/brokerage-services/rankings/ PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Rick Rule Senior Managing Director, Sprott Inc. President & CEO, Sprott U.S. Holdings Rick Rule began his career in the securities business in 1974 and has been principally involved in natural resource security investments ever since. He is a leading resource investor specialising in mining, energy, water utilities, forest products and agriculture, and has originated and participated in hundreds of debt and equity transactions with private, pre-public and public companies. Mr. Rule is also the Founder of Global Resource Investments, President and CEO of Sprott U.S. Holdings, Inc. and a member of the Sprott Inc. Board of Directors. He is a frequent speaker at industry conferences and has been interviewed for numerous radio, television, print and online media outlets concerning natural resource investment and industry topics. Mr. Rule is frequently quoted by prominent natural resource oriented newsletters and advisories. About Sprott Sprott is a global asset manager providing investors with access to highly-differentiated precious metals strategies. Sprott's in-depth knowledge, experience and relationships separate them from the generalists. Sprott’s specialised investment products include innovative physical bullion trusts, managed equities, mining ETFs, as well as private equity and debt strategies. They also partner with natural resource companies to help meet their capital needs through brokerage and resource lending activities. Sprott is a global asset manager with offices in Toronto, New York and London. Sprott’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “SII”. Sprott today serves over 200,000 global clients and has approximately $16.3 billion in assets under management. A Rich History The company was founded in 1981 by Eric Sprott, an early champion of precious metals investing. Sprott has grown steadily over the past four decades through organic initiatives and acquisitions and has expanded its role far beyond its original focus as an institutional brokerage serving mostly small- to mid-cap Canadian natural resources companies. Today, their reach is global, and they are proud of their deep roots in the sector. Sprott’s unique expertise benefits both the investors and issuers. Their disciplined approach to investing, their focus on risk management and their ability to quickly assess and complete projects is built on more than 35 years of experience working with management teams across different project types and geographies. Their unique capabilities allow them to provide flexible financing solutions across the mining life cycle and to match global investor demand with a strong pipeline of investment opportunities. Contrarian Sprott goes against the grain when investing. Precious metals offer low correlation to other assets and can serve as natural hedges. In a time of increasing uncertainty about global markets and geopolitics, they are committed to providing investors with access to these assets and supporting the companies that produce them. Innovative Although precious metals have been coveted for thousands of years, Sprott believes there are significant new opportunities for investors and issuers in the sector. They continue to demonstrate this through investment innovations such as physical bullion trusts, factor-based ETFs, managed equities, and private equity and debt strategies. Aligned Sprott is committed to aligning the interests of their clients, shareholders and employees. This is demonstrated by their high level of employee share ownership, as well as by significant participation by Sprott and employees in their strategies. Disclaimer 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. 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The Gawler Craton is best known for the discovery of Olympic Dam in 1975, which was the culmination of nearly a decade of exploration. Olympic Dam is a monster in the world class category so this discovery is not something you find often. Not long after, several smaller mines were discovered such as Prominent Hill, Cairn HiIl and Carrapateena proving that the Gawler Craton is a very fertile place. The Olympic Dam mine is a large poly-metallic underground mine located in South Australia, 550 km NNW of Adelaide. It is the fourth largest copper deposit and the largest known single deposit of uranium in the world. Copper is the largest contributor to total revenue, accounting for approximately 70% of the mine's revenue, with the remaining 25% from uranium, and around 5% from silver and gold. BHP has owned and operated the mine since 2005. The mine was previously owned by Western Mining Corporation. - Wikipedia The discovery of Olympic Dam by Western Mining Corporation Resources Limited (Now part of BHP) sparked a rush for land around the discovery. Olympic Dam was a major discovery in an area that had little work at that time. Figure 1: Olympic Dam copper-uranium mines and pant is situated in South Australia, 560km north-west of Adelaide. (source: Mining Technology) In the mid 1990s, a small exploration company, Dominion Mining Limited discovered the Challenger Gold Mine (Figure 2). It was a blind discovery that came from regional calcrete sampling. Have a read of the Samso Insight that I published in November 2019 - Challenger Gold Mine - Calcrete Anomaly Exploration Success. The discovery of Challenger brought about a hive of activity that resulted in companies like Helix Resources Limited (ASX: HLX) who announced news of drill holes hitting a 150 metre wide zone of gold mineralisation along the Yarlbrinda Shera Zone at Tunkillia (Source: AFR - Nov 19, 1996). The excitement that amplified the activities was due to Helix returning assays including 35m at 4.4 grams per tonne and 112m at 1g/t beneath a sand cover of between 60 metres and 100 metres (Source: AFR - Nov 19, 1996). Figure 2: The Challenger Gold Mine was discovered by Dominion Mining Limited in 1995. (Source: Microsoft News) The significance of Challenger is that it produced a resource of over 1.2 Moz of gold but there are no cousins, brothers or sisters in the immediate area. There are small deposits like those in the Jumbuck project that was formerly in Tyranna Resources Limited (ASX: TYX) and now sold to Marmota Limited (ASX: MEU). Marmota have themselves found the Aurora Tank deposit which has yet to have resources but is definitely showing the same kind of mineralising signals as those discovered in the Jumbuck Project. There are no significant deposits within a couple hundred kilometres. The closest significant deposit is the Tunkillia and Tarcoola to the south east or Cairn Hill to the north east. When you compare this to Kalgoorlie, there are hundreds of mines of all sizes and major exploration projects within that space. Currently, the market space has changed and I see there have been a lot more attention on the Gawler Craton. Where is the Gawler Craton? Most investors in the ASX think of the Yilgarn Craton as the Mecca of the Australian Goldfields. When you mention Kalgoorlie, most people think of the Goldfields. When you move up the levels of understanding, names such as the Pilbara, Ballarat, and maybe Cloncurry begin to appear. However, names such as Cadia (New South Wales) and Olympic Dam, which are the world-class deposits, are lesser known to virtually being unheard of in many cases. I think it is lesser known because they are not in the realms of your average investors' playing space. And if you mention the Gawler Craton, I will safely say that the average Joe will have no idea of its significance. Some parts of the brokering fraternity do not even pay attention to this area. The Gawler Craton is the oldest and largest geological province in South Australia, preserving a complex tectonic history spanning from c. 3200 Ma to 1450 Ma. The craton comprises a Meso- to Neoarchaean core enclosed by Palaeoproterozoic to Mesoproterozoic rocks. The Mesoarchaean history of the Gawler Craton is dominated by felsic magmatism, the Neoarchaean to Palaeoproterozoic history by sedimentation and bimodal volcanism, and the Mesoproterozoic history by felsic volcanism. - Source: South Australian Department of Energy and Mining. Figure 3: The Gawler Craton. (Source: Gum, Justine 2019. Gold mineral systems and exploration, Gawler Craton, South Australia, MESA Journal 91, Issue 3) What all the geological jargon means is that the Gawler Craton is old and has had a lot of structural deformations, reheating, deposition and redepositing of mineralisation. In summary, it is a damn good place to be looking for minerals as it is a large cooking pot with everything thrown into it. According to the department, the Gawler Craton is prospective for the following commodities: Metals: Cu, Au Fe, Ag, Pb, Zn, Co, Ni, Cr, Mn Ti, V, PGE, Mo, W, Sn, REE Industrial minerals: graphite, kaolin, talc, magnesite, limestone, dolomite, barite, vein-silica, manganese oxide Gem: jade, diamonds, chalcedony/agate Construction materials: vast resources of road making material (limestone, dolomite, quartzite, sandstone, gneiss), dimension stone (granite) and regolith clay (brickmaking & refractory) Energy minerals: U3O8, thorium As for what else could be in the area, the following list that is straight out of the website gives a good idea of what is already there and what could be there: Demonstrated: FeO-Cu-Au-Ag±U (haematite- and magnetite-dominated styles) (Olympic Cu-Au Province, e.g. Olympic Dam, Prominent Hill, Hillside, Moonta, Carapateena Prospect) Iron ore as massive hematite deposits by supergene enrichment, (e.g. Iron Monarch, Iron Duke, Wilgerup) Iron ore as magnetite-bearing banded iron formation (e.g. Middleback Range, Bungalow Prospect, Hawks Nest, Skylark), to magnetite-rich metasediment (e.g. Warramboo) Iron ore as magnetite and hematite skarn/replacement styles (e.g. Peculiar Knob, Snaefell, Wilcherry Hill) Intrusion-related Au (Central Gawler Gold Province, e.g. Tarcoola, Tunkilla Prospect, Barns Prospect, Weednanna Prospect) Shear-hosted Cu, Au, U (e.g. Cairn Hill) Shear to unconformity-related U (e.g. Driver River in central Eyre Peninsula) Regolith deposits, including kaolin (e.g. Poochera), supergene copper (e.g. Hillside, Alford West) and regolith manganese oxide (e.g. Hercules West, Jamieson Tank, Pier Dam) Orogenic Au (e.g. Challenger) Volcanogenic Pb-Zn-Ag (e.g. Menninnie Central and Telaphone Dam Prospect) and Cu-Fe (e.g. West Doora) Epithermal-style Ag-Pb-Zn (e.g. Paris) and Au-Ag-Pb-Zn (e.g. Parkinson Dam) Sedimentary-hosted Pb-Zn (Hutchison Group, e.g. Miltalie Mine, Mangalo Mine, Atkinson’s Find, Smithams) Graphite (e.g. Uley Graphite Mine, Kookaburra Gully, Koppio, Wilclo South) Metasomatic talc, magnesite and jade (Katunga Dolomite) Possible: VHMS deposits (Hall Bay Volcanics, Oakdale prospect southern Eyre Peninsula) Late Archaean komatiitic and magmatic intrusive-hosted Ni-Cr-PGE (Lake Harris Greenstone Belt, Aristarchus) Magmatic Ni-Cr-Cu sulphides and PGE (Fowler and Christie Domains) Unconformity and Palaeochannel U and Au (e.g. Corunna Conglomerate) Diamondiferous kimberlite Intrusion-related W and Sn (e.g. Moonbi W prospect, Zealous Sn prospect) Fe-Ti-V styles (e.g. Malbooma Anorthosite Complex, Wigetty prospect) Why Should Investors be Interested? As I have been getting acquainted with the South Australian mineral scene, I have come to learn that there is indeed a lot of things happening. Like many participants in the mineral exploration industry, the focus has overwhelmingly been West Australian centred over the last two years. Due to the pandemic, the mineral resource industry has been West Australia first and the rest of Australia second. Anything outside of Australia is just too hard. I have had a couple of clients with projects in Arizona, USA, South Korea, Thailand and Chile. They are still viable as they have established crews that are based in the country, otherwise, these kinds of projects just seem to fester away. Anything new is way too hard, or at least that's how it seems anyway. I have noticed an increasing list of South Australian projects coming into the spotlight. Something else I have learnt is that there are a few interesting companies that are based in Adelaide. Here are just a few that I know: Andromeda Metals Limited Thor Mining PLC Leigh Creek Energy Ltd Southern Gold Limited Rex Minerals Ltd Iron Road Ltd OZ Minerals Ltd Santos Ltd Cooper Energy Ltd Strike Energy Limited Minotaur Exploration Limited Terramin Australia Limited Barton Gold Limited Havilah Resources NL Petratherm Limited Marmota Limited Indiana Resources Limited (based in Perth but the project is in South Australia) These are the ones that I know are active but I am pretty sure I have left some out. I have included the energy companies just for completion. What I like About the Gawler Craton In my humble opinion, the Gawler Craton due to its remoteness and lack of exploration activities for the last twenty years is literally the last frontier. When you look at the size of the area, you can start to appreciate the remoteness and the potential cost of exploring in this area. When we talk about remoteness we think of Australia, so it is not that big a statement. What makes this a great project location is that the remoteness is coupled by the lack of interest by the capital markets to fund any exploration for the last twenty years. What this lack of interest means for an optimistic exploration geologist, is the thought of a blank canvas to discover new deposits. What do I mean by a blank canvas? The volume of discoveries in the Yilgarn (Figure 4) has made many participants in the industry question - what else can be found? Comments are supported with the thousands of deposits being uncovered over the many decades of exploration with the numerous metalliferous provinces that exist within the Yilgarn Craton. In contrast, the Gawler Craton is no competition with the number of discoveries that could rival those in the Yilgarn (Figure 3). The location of good discoveries have been few and far between for decades. In addition to the difficulty of finding mineral deposits, the lack of infrastructure has meant that the size of discoveries need to be at a significant size to be economically viable. Figure 4: Map of the Yilgarn Craton showing the locations of komatiite-hosted nickel, orogenic gold and BIF-hosted iron deposits. Modified after Mole et al (2013). [1] So to me, the Gawler Craton is just a blank canvas and where you discover something is entirely up to the participants who have the "Who Dares Win" strategy. We all know that this simply means the size of your pocket and that gut instinct. Shear hosted Mineralisation: Challenger - Tarcoola - Tunkillia Province. My experience in this region lies in my recent research into areas in Australia that would make me want to go explore and find potential giant deposits. I look from the view point of a junior company with limited funding and time to discovery. This means that one would rule out Porphyry Copper or any IOCG - Iron Oxide Copper Gold style deposits. My criteria is that the project has to be cost effective. IOCH and Porphyry projects tend to be costly and that would not be practical for the average junior. Hence, for the purposes of this Insight, we will not entertain the part of the Gawler Craton where these styles are present, such as the Olympic Dam Province. There are three main players in the immediate area, Marmota Limited, Barton Gold Limited and Indiana Resources Limited (Figure 6). Barton and Indiana are new players to the region, having done work within the last 12 months. On the other hand, Marmota has been working on their ground since 2016. Their focus has been primarily on the Aurora Tank project. The other company that has been working in this region for about the same time frame is Tyranna Resources Limited. However, Tyranna has since sold their package to Marmota. Figure 5: Tenement map of the major players in the Challenger - Tarcoola - Tunkillia Province. Companies such as Indiana Resources Limited have picked up over 5,000 square km, a big acreage of land within the Turnkillia mineral field (Figure 6). Their package makes good sense as they are adjacent to the Tarcoola and Turnkillia gold mines. Figure 6: Tenement holdings for Indiana Resources Limited in the South Australian Gawler Craton. (Source Indiana Resources Limited) The proximity to the two existing mines creates a good exit strategy. This exit strategy is one that is all about infrastructure and the need for current players to work together for the mutual benefits of all. One of the issues with remote projects is that your discovery at most times, needs to be of a significant size for monetisation. Having the two mines present and a motivated neighbour to build infrastructure will help Indiana create value from smaller discoveries. I think that the neighbours will work well together as their mutual benefits are sealed in a good working relationship. Indiana is working on the Lake Labyrinth Shear Zone which has been highlighted as the probable source of all the previous drilling results. Their work currently is in delineating the existing mineralisation and building the case for more extensions to the current results. Current work is focused on the Minos prospect (Figure 8) and that makes sense as they have been getting some very good numbers. The numbers coming back are consistent with those that Challenger, Tyranna and Marmota have reported in the past. The latest results from Indiana is proof of my thoughts on this region. Announced on the 13th July, Indiana released the following numbers: 21m @ 8.43 g/t Au from 176m including 1m @159 g/t Au 2m @ 18.4 g/t Au from 162m including 1m @ 35.6 g/t Au 23m @ 6.44 g/t Au from 186m including 1m @ 118 g/t Au 10m @ 8.83 g/t from 39m including 3m @ 26.03 g/t Au Figure 7: The main exploration activity of Indiana Resources Limited. (Source: Indiana Resources Limited). When you look at Figure 7, and you look at the individual prospects such as Minos and compare to the entire tenement package of Indiana (Figure 5 and Figure 6), you get an appreciation of the potential of the province. Minos is a mere speck in the overall scheme of things. Like all of these projects, funding is the key. The good news for Indiana is that they are most likely onto something at their Minos prospect. Minos (Figure 8) is proving to be a growing beast as the current results are supporting historical works. The potential scale and the probable continuation of strike for the mineralising system looks promising as well. The exploration geologist blood in me can't help but be optimistic of the potential. If optimism is the thought, then I am thinking of elephant scale. I am thinking World Class system in the hands of a junior. If scepticism is in the thought, then I am thinking, big area, need lots of money, hard to find, looking for a needle in the hay stack. Both views are valid but what is common is the fact that the opportunity arises due to the fact that there is a need for money and the challenge to cover a large land tenure. Figure 8: Drilling results from the Minos Prospect. (Source: Indiana Resources Limited) Barton Gold Limited holds the most prominent position as they have the Challenger, Tunkilliana and the Tarcoola gold mines (Figure 9). The combined resources come up to around 1.1 Moz Au and is JORC 2012 compliant with a tenement coverage of just over 4,600 square km. Figure 9: Barton Gold Limited Tenement map. (Source: Edited from Barton Gold) I have not looked at Barton in great detail. I know that trying to make old mines work is very challenging but if they have good funding behind them, it will work. As an exploration geologist, I am always in favour of finding your own deposit. I will look into them at a later date because they will be a force, if funding is not an issue for them. If all the inflationary issues take hold, the assets which are most advanced will become more economical. Marmota Limited will be the biggest player in terms of tenement coverage (Figure 10) as it has just picked up the Jumbuck project from Tyranna Resources Limited. When the transaction is completed (within two months of writing), they will hold over 10,000 square km of land in the area. How they will handle the exploration commitments will be interesting. Marmota has had some good success in defining the Aurora Tank project (Not JORC) over the years and that has shown that supergene oxide gold deposits are abundant. Figure 10: Tenement map for Marmota Limited excluding Jumbuck. (Source: Marmota Limited) Historical drilling from Marmota and Tyranna (Jumbuck Project) has also indicated that Challenger type mineralisation (primary mineralisation) exists in the area. This is also something that is now becoming more obvious in the Indiana projects (e.g Minos). Conclusions This is a rather lengthy Insight but I felt the need to put things in context. The Gawler Craton is a large place. The three companies I talked about have thousands of sqkm. Most companies play with hundreds of sqkm and that is considered big. One of the most important aspects of mineral exploration is to get access to the land, so that you can do work. The key aspect of my Insight is the lack of intense exploration in the Gawler Craton, the lack of interest for a good part of two decades and the lack of capital that encourages exploration in this part of the world. I think I have mentioned this numerous times in this insight and I cant stress this enough. If you have ever tried to look for stories in this industry and you are asking the question "Where can i find good tenements", you will agree that it is a pretty well populated space. What is even more compelling is that there are world class deposits that have been discovered and mined in the Gawler Craton for over three decades. However, only about two thirds of the area have been touched extensively. The focus in the Gawler has always been the IOCH style and there have been many endeavours over the years, but I have not seen much news on discoveries. I highlight Indiana Resources because of the Minos prospect. What you need to look at is where Minos (Figure 8) is at the scale of the Lake Labyrinth Shear (Figure 11). Then you take a step back and look at where that Lake Labyrinth Shear is in relation to one of the tenements in the area (Figure 7). * I have not mentioned any other projects from Barton or Marmota for the sake of unfamiliarity and not because I do not think that they are prospective. I have not had time to look at them for this Insight. Figure 11: Location of the Lake Labyrinth Shear Zone (LLSZ). Note the location of the Minos prospect in relation to the regional aspect of the LLSZ. To get a good handle of why I am bullish on the Gawler Craton stems from this article that I wrote in 2019 - Challenger Gold Mine - Calcrete Anomaly Exploration Success. You can understand that since that discovery in the 1990s, there have only been two major discoveries in Tunkillia and Tarcoola in this area. Tyranna Resources came and followed up on the findings left behind since the discovery came up with some good signs. Marmota explored and discovered Aura Tank. However, they have not come up with resources. I am assuming that it is only a matter of time before they come up with a JORC statement. What they do with Jumbuck will be interesting. The commitments on that area alone is nearly AUD3M. Maybe some M&A action will be happening. It will be interesting in the coming twelve months to see how my optimism will pan out. References: [1] Choi, Eunjoo. 2020. Alkaline magmatism as a probe into the evolution of the lithospheric mantle in the Yilgarn Craton, Western Australia MSc Thesis. Gratitude Patreon: This is a platform for supporting creators like me. Please consider helping out and pick your reward here: If you would spend some time and support Samso Insights, I would be totally appreciative. 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In May 2021, I had a Coffee With Samso with Paul Lock, the Managing Director of Pan Asia Metals Limited (ASX: PAM), entitled - Pan Asia Metals Limited (ASX: PAM) banks on a Lithium Project with a Low Cost Structure Strategy. This was one of the few occasions when I was surprised by something I heard during a Coffee with Samso. I learnt that Lepidolite actually has a place to play in the Lithium space. The thing is, I have always thought that Lepidolite, as a mica lithium mineral, was inferior and has difficulties in the production of lithium. During my conversation with Paul, I started to realise that things may have changed over the years and if this were true, then the whole Pan Asia Metals strategy would make total sense. This new understanding made me think about how the combination of Lithium and Tungsten could make the perfect storm. So What is Lepidolite? Lepidolite is a lilac-grey or rose-coloured member of the mica group of minerals with chemical formula K(Li,Al)3(Al,Si,Rb)4O10(F,OH)2. Mica is a flaky mineral and is extremely soft. Figure 1: Lepidolite in its natural form. Source: (Geology.com) What lepidolite has is that it is the most abundant lithium-bearing mineral and is commonly associated with rubidium and cesium as by-products. Whether this is a good thing or not, I will have to wait for them to tell me :-). The Tungsten Factor Tungsten or Wolfram is a chemical element with the symbol W and atomic number 74. According to Wikipedia, Tungsten is a rare metal found naturally on Earth almost exclusively as compounds with other elements. It was identified as a new element in 1781 and first isolated as a metal in 1783. Its important ores include tungsten, scheelite, and wolframite, the last lending the element its alternate name. Over the years, Tungsten has been one of the commodities that I have an understanding about the rise and fall of its market. A summary outlook to 2030 by Roskill has painted a moderate to low key projection for the pricing of Tungsten. According to the report, the price of tungsten is deeply affected by the transition to electric vehicles and the US/China trade disputes. The good news is that the Chinese and Russian mines are reaching their mine life which will take some of the supply out. The Pan Asia Metals Limited Story Pan Asia has Lithium and Tungsten projects in southern Thailand. The project lies within the Southeast Asian Tin Belt (SEATB) that stretches from Myanmar towards the Indonesian island of Belitung. The island of Belitung is the birth of the Billiton in BHP Billiton. Billiton’s roots trace back to 1851 and to a tin mine on the Indonesian island of Billiton (Belitung). Figure 2: Pan Asia Metals Limited projects in southern Thailand. (Source: Pan Asia Metals Limited) It is reported that over 50% of the world's tin production is derived from the SEATB region. This region is basically a large granitoid and those that have biotite are where the action starts. The significance of granitoids is that they are synonymous with pegmatites. Pegmatites are where you find the minerals that host incompatible elements that are of interest, such as Lithium, tungsten and tin. The Case for a Lithium Story In April 2021, it was reported that a 8GWh lithium battery plant will be built with a joint venture agreement between zero emission vehicle pioneer Evlomo Incorporated and Rojana Industrial Park Public Co., Limited. (Source: Green Car Progress) Bestmag.co.uk says companies will invest up to $1.06 billion through a new joint venture company with Rojana — a joint venture between Japan’s Nippon Steel and Sumikin Bussan Corporation, and Thailand’s Vinichbutr’s Group — owning 55% shares with the remaining owned by Evlomo. A 1GWH plant at a cost of USD$143 million is expected to start in 2021. An investment of this scale is just the beginning of things to come. Readers should remember that Thailand is a car manufacturer. In my opinion, this is just the start of things to come. The density of Asian countries will mean that the adoption of EVs will be at a faster rate than Europe. I am sure that with these kinds of development, the projects being talked about by Pan Asia will be greatly welcomed. Which country would not want to be able to source their own lithium? It is a no brainer. You can argue if they will be able to mine economically what is in the ground, but you cannot argue the business case. Thailand and Indonesia aim to be regional EV (electric vehicle) production hubs as well as build manufacturing facilities for EV batteries. The Thai government has set a target for electrified vehicles to reach 30% of total domestic vehicle production by 2030 as part of its 3030 EV Production Policy. - Marklines.com Thailand is not a minnow when it comes to car manufacturing in both combustion (Figure 3) and future EVs (Figure 5). I have read that even the Chinese car manufacturer, Great Wall is manufacturing in Thailand. The strength of the car manufacturing industry is made more apparent with a very mature car part producing industry (Figure 4). Figure 3: Passenger car production volume APAC 2020, by country. (Source: Statista) In 1963, the Thai government imposed "local content requirement" (LCR) that sets a minimum number of parts to be included in vehicles in Thailand. LCR is still 60-80% of Thai made parts. LCR can reach 90% for eco-cars and pickups, and is close to 100% for motorcycles (Krungsri.com). Figure 4: The Thailand car manufacturing sector is doing very well. (Source: Asean Briefing) As China becomes more expensive to work in, the influx of companies setting up operations in South East Asia is evidence of the migration of value creation. The established nature of the manufacturing industry in the Indo-China region serves to show that a developed source of lithium would be strongly encouraged by government and capital markets. Figure 4: Number of publicly accessible electric vehicle chargers in Asia Pacific in 2020, by country. (Source: Statista) Corporate (Pan Asia Metals Limited) Current market Capitalisation: 20.8M @ AUD$ 0.155c/share (19th August 2021) Shares on Issue : 126,010,288 (7th July 2021) Key Shareholders: Paul Lock 33.4% | Thai Goldfields NL 16.1 % | Board & Management (55.6%) Figure 5: The share price chart for Pan Asia Metals Limited (PAM), (Source: Commsec) Projects There are four main projects in the portfolio: The Reung Kiet Lithium Project – SEASnW Belt , Southern Thailand – 100% held; The Khao Soon Tungsten Project – SEASnW Belt , Southern Thailand – 100% held; Bang Now Lithium Project – SEASnW Belt , Southern Thailand – 100% held; and Minter Tungsten Project – Lachlan Fold Belt, NSW, Australia – 100% held. These projects are selected based on the following parameters listed below: At or near surface mineralisation, with depth potential; Extensive mineralised strikes; Industry leading grades; Positive metallurgy; Proximity to required infrastructure; Well educated workforce; and Potential for downstream value adding There is a good amount of information on the Pan Asia Metals website. Click Here. Conclusion Over the last couple of months, the world of lithium has taken a leaf out of the crypto trading phrase of " Gone to the Moon" as they would say... Currently, I will admit that I do not understand the underlying demand for lithium. What I do know is that we are in a world of electrification and the rise of the Electric Vehicle and the use of Renewable Energy is just gaining pace. What I don't understand is the apparent depletion of supply. Surely, the ginormous resources of Brine Lithium is more than sufficient for any surge in lithium demand? As the market is making my thoughts amateurish everyday, I now look at projects such as this one with Pan Asia Metals with a different set of glasses. In my conversation with Paul Lock, it appears that the extraction of lithium from lepidolite may have improved. There may be arguments about the validity of the last sentence but what we all have to agree is that a potential of a lithium resources in Thailand's backyard is a big deal. The exit strategy is guaranteed for Pan Asia. From an investment perspective, a company with a market capitalisation of AUD20M with a potential lithium resource has got be of good value. The market for lithium is super hot at the moment and if the current market narrative is correct, this will get larger. Technically, the projects appear to be workable. A series of pegmatites which are bringing in Li at the low 1% grades is perfect. What the company needs is to drill extensively and get a resource out soon to give the market some assurance. Once this has been established, the company will present itself differently. Looking at the maps produced in the presentations and the websites, the geology looks good. The projection of the prospective resource is not overly marketed and I think being in this Tin Belt is very important. The belt runs for a long way and the presence of large granitoids indicate to me that mineralisation is abundant and consistent. No story has a clear run to the finish but I like those that have good entry and exit strategies clearly mapped out. Gratitude Patreon: This is a platform for supporting creators like me. Please consider helping out and pick your reward here: If you would spend some time and support Samso Insights, I would be totally appreciative. So please feel free to pick a reward, or simply chip in any amount that tickles your fancy :-) https://patreon.com/samsomedia Brilliant-Online: Our investment articles are also shared across Brilliant-Online magazine. Check out their investment column. Disclaimer 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 If you find this article informative and useful, please help me share the information. I try to write 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 noel.ong@samso.com.au. Download our 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. Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.

Rooster Talk Episode 37 with Ralph Winter, Director of Moho Resources Limited (ASX:MOH) Moho Resources Limited (ASX: MOH) updates us on the East Samson Dam. The journey to mining at East Samson Dam is now getting closer to fruition as the company works towards their first JORC resource. With the gold pricing repositioning for another move upwards, timing for Moho could not be better. In this Rooster Talk Episode 37, Ralph Winter shares with us what the company is doing on the exploration front and how they are focusing on making the mining of East Samson Dam a reality. The takeaway from this episode is that Moho is now valued at $8M and the company is about to make mining and hence self-funding a reality. With things looking positive here, this may be the time for investors to do some DYOR and consider MOH as a potential investment opportunity. Chapters 00:00 Introduction - What has been happening 01:47 Update on the JORC Resource 04:10 What Empress Spring means to Moho 05:39 When could you be mining at East Samson Dam 07:45 Investors like Moho even more as a low market cap explorer 08:38 How is the Burracoppin project? 11:35 Why the management is quality 12:32 New flow 16:36 The Nickel Chairman factor 18:00 Conclusion PODCAST About Ralph Winter Commercial Director, Moho Resources Limited Specialising in corporate affairs & finance, marketing & promotion and business development in both exploration and development companies, Ralph was involved in the listing of Trafford Resources Limited, Ironclad Mining Limited, Robust Resources Limited, Mineral Products. He is also currently a Director of Breast Cancer Care WA and Owner of Australian Remote Assistance. About Moho Resources Limited Silver Swan North The Silver Swan North project is located about 50km northeast of the regional mining centre of Kalgoorlie in Western Australia. The project covers approximately 55km2 and encompasses granted tenements within the Kalgoorlie terrane. Moho believes that the Silver Swan North project area is considerably underexplored and highly prospective for gold and nickel mineralization. Moho will focus on shear hosted and porphyry related gold mineralization and identifying komatiite-hosted nickel sulphide deposits. The Silver Swan North project sits on the eastern flank of the Kanowna/Scotia dome within the Boorara domain. The regional Mount Monger-Moriarty fault runs through the middle of the project area, which effectively straddles two major tectonic domains, the Kurnalpi terrane to the east, and the Kalgoorlie terrane to the west. Burracoppin The Burracoppin project is located within the Southwest terrane, the southwestern element of the Archean aged Yilgarn Craton in Western Australia. The project tenements consist of five granted exploration licenses and two exploration licenses under application covering approximately 480 sq. km. The Burracoppin project is located close to two regional shears and in particular on the aero-magnetic well defined north-south regional shear which is also associated with Tampia gold mine mineralization to the south. The operating Edna May mine is located approximately 22km east of the Burracoppin project area, in the Westonia Greenstone Belt. Empress Springs The Empress Springs Project is located 50 km to the south of the town of Croydon and comprises thirteen adjacent exploration permits with a total area of 2,889 km². The project is located about 25km due south of the town of Croydon and 700km west-northwest of Townsville in North Queensland. The Croydon Goldfield, which extends from north of the town, contained over 300 gold occurrences with historical production estimated at 1.2Moz of Au. The Empress Springs project is a joint venture with IGO Limited (IGO). Moho considers Empress Springs has the potential to host large Tier 1 gold deposits due to the presence of the intersection of significant interpreted structures within the tenements, some of which penetrate down to the earth’s mantle and are potential fluid flow paths and traps for mineralization, mafic dyke swarms reflecting major melting episodes, and coherent gold, antimony and bismuth anomalies coincident with the regional structures and gravity anomalies. Disclaimer 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. 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 noel.ong@samso.com.au. About Samso

Coffee with Samso Episode 42 with Ralph Winter, Commercial Director of Moho Resources Limited (ASX: MOH) The success of an exploration program is directly related to the courage of the money and the skills of the technical team. What do you think? Moho Resources Limited (ASX: MOH) is a gold exploration company with projects in Western Australia and Queensland, Australia. They have three projects, Empress Springs in Queensland, Burracopin and Silver Swan North in Western Australia. Silver Swan North: The Silver Swan North project is located about 50km northeast of the regional mining centre of Kalgoorlie in Western Australia. The project covers approximately km2 and encompasses X granted tenements within the Kalgoorlie terrane. Moho believes that the Silver Swan North project area is considerably underexplored and highly prospective for gold and nickel mineralization. Moho will focus on shear hosted and porphyry related gold mineralization and identifying komatiite-hosted nickel sulphide deposits. The Silver Swan North project sits on the eastern flank of the Kanowna/Scotia dome within the Boorara domain. The regional Mount Monger-Moriarty fault runs through the middle of the project area, which effectively straddles two major tectonic domains, the Kurnalpi terrane to the east, and the Kalgoorlie terrane to the west. Burracoppin: The Burracoppin project is located within the Southwest terrane, the southwestern element of the Archean aged Yilgarn Craton in Western Australia. The project tenements consist of five granted exploration licenses and two exploration licenses under application covering approximately 480 sq. km. The Burracoppin project is located close to two regional shears and in particular on the aero-magnetic well defined north-south regional shear which is also associated with Tampia gold mine mineralization to the south. The operating Edna May mine is located approximately 22km east of the Burracoppin project area, in the Westonia Greenstone Belt. Empress Springs: The Empress Springs Project is located 50 km to the south of the town of Croydon and comprises thirteen adjacent exploration permits with a total area of 2,889 km². The project is located about 25km due south of the town of Croydon and 700km west-northwest of Townsville in North Queensland. The Croydon Goldfield, which extends from north of the town, contained over 300 gold occurrences with historical production estimated at 1.2Moz of Au. The Empress Springs project is a joint venture with IGO Limited (IGO). Moho considers Empress Springs has the potential to host large Tier 1 gold deposits due to the presence of the intersection of significant interpreted structures within the tenements, some of which penetrate down to the earth’s mantle and are potential fluid flow paths and traps for mineralization, mafic dyke swarms reflecting major melting episodes, and coherent gold, antimony and bismuth anomalies coincident with the regional structures and gravity anomalies. I find Moho Resources interesting because they have a market capitalisation of just over AUD8M with projects that are grassroots but yet prospective. The nature of exploration has always been to seek projects and drill and create value for shareholders many times their investment. I like the management content on both the corporate and technical aspects. As many exploration geologists will agree, the level of success an exploration program will have is directly related to the courage of the money and the skills of the technical team. The fact that the company is lead by Terry Streeter, who has been the cornerstone of many success stories in this sector, is a good endorsement. Having the likes of Dr John Hronsky advising on high-level concepts are good cheat notes in this game. Dr Hronsky has been in this sector for a long time and I have had a few discussions on concepts and the ins and outs of exploration. I find his thinking very practical and again, he is from that famous exploration company called Western Mining Corporation Resources Limited (now part of BHP). Let me know what you think of the conversation. About Ralph Winter: Specialising in corporate affairs & finance, marketing & promotion and business development in both exploration and development companies. Ralph was involved in the listing of Trafford Resources Limited, Ironclad Mining Limited, Robust Resources Limited, Mineral Products. He is also currently a Director of Breast Cancer Care WA and Owner of Australian Remote Assistance. Disclaimer 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. www.samso.com.au 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 write to me through our contact page. About Samso

Coffee with Samso Episode 66 with Ralph Winter, Director of Moho Resources Limited (ASX:MOH) Moho Resources Limited (ASX: MOH) is another step closer to realising its ambition to mine East Samson Dam. As the junior mineral resource sector continues to blossom in the sunshine of happy investors, Moho Resources is gearing up to be a self-funded explorer. Work continues at the East Samson Dam project to provide technical guidance for their upcoming JORC resource. In this current episode of Coffee with Samso, Ralph Winter fills us in on what is happening with the company since our last Coffee With Samso Episode 42. Our conversation touched on: Drilling confirms consistency at East Samson Dam. Exploration work at Burracoppin has started and there appears to be some early success in vectoring mineralisation. Water samples form Empress Springs have shown to be effective in delineating mineralisation models. Ongoing exploration planning for the projects. “Moho’s exploration team continue to make excellent progress at East Sampson Dam. The initial phase 2 RC drill results extend gold mineralisation down plunge at the southern end of the prospect and highlight the potential to discover additional gold mineralisation at the prospect” - Mr Shane Sadleir, Moho Managing Director PODCAST About Ralph Winter: Specialising in corporate affairs & finance, marketing & promotion and business development in both exploration and development companies, Ralph was involved in the listing of Trafford Resources Limited, Ironclad Mining Limited, Robust Resources Limited, Mineral Products. He is also currently a Director of Breast Cancer Care WA and Owner of Australian Remote Assistance. About Moho Resources Limited Silver Swan North: The Silver Swan North project is located about 50km northeast of the regional mining centre of Kalgoorlie in Western Australia. The project covers approximately 55km2 and encompasses granted tenements within the Kalgoorlie terrane. Moho believes that the Silver Swan North project area is considerably underexplored and highly prospective for gold and nickel mineralization. Moho will focus on shear hosted and porphyry related gold mineralization and identifying komatiite-hosted nickel sulphide deposits. The Silver Swan North project sits on the eastern flank of the Kanowna/Scotia dome within the Boorara domain. The regional Mount Monger-Moriarty fault runs through the middle of the project area, which effectively straddles two major tectonic domains, the Kurnalpi terrane to the east, and the Kalgoorlie terrane to the west. Burracoppin: The Burracoppin project is located within the Southwest terrane, the southwestern element of the Archean aged Yilgarn Craton in Western Australia. The project tenements consist of five granted exploration licenses and two exploration licenses under application covering approximately 480 sq. km. The Burracoppin project is located close to two regional shears and in particular on the aero-magnetic well defined north-south regional shear which is also associated with Tampia gold mine mineralization to the south. The operating Edna May mine is located approximately 22km east of the Burracoppin project area, in the Westonia Greenstone Belt. Empress Springs: The Empress Springs Project is located 50 km to the south of the town of Croydon and comprises thirteen adjacent exploration permits with a total area of 2,889 km². The project is located about 25km due south of the town of Croydon and 700km west-northwest of Townsville in North Queensland. The Croydon Goldfield, which extends from north of the town, contained over 300 gold occurrences with historical production estimated at 1.2Moz of Au. The Empress Springs project is a joint venture with IGO Limited (IGO). Moho considers Empress Springs has the potential to host large Tier 1 gold deposits due to the presence of the intersection of significant interpreted structures within the tenements, some of which penetrate down to the earth’s mantle and are potential fluid flow paths and traps for mineralization, mafic dyke swarms reflecting major melting episodes, and coherent gold, antimony and bismuth anomalies coincident with the regional structures and gravity anomalies. Disclaimer 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. 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 noel.ong@samso.com.au. About Samso

Coffee with Samso Episode 44 with Sebastian Chang, Non-Executive Director, VIP Gloves Limited (ASX:VIP) Glove manufacturing is making many companies profitable and it is not just because of the COVID-19 pandemic The glove-making business is one of those sectors that does not call out for attention. The recent pandemic with COVID-19 has brought them out out of hiding and into the limelight. It is a simple business that is making many companies very profitable. This is not a common business in Australia, in fact, there is no other company on the Australian Stock Exchange that can call themselves glove makers. Malaysia is the market leader in the glove-making industry. The big four major producers, Top Glove Corporation Berhad, Hartalega Holdings Berhad, Supermax Corporation Berhad and Kossan Rubber Industries Berhad are world market leaders in this sector. In this episode of Coffee with Samso, Sebastian Chang, Non-Executive Director of the company shares with us the story of VIP and the business of Gloves Makers. Sebastian shows us that the business is not about the COVID-19 Pandemic but it is all about Occupational Health and Safety factors that are driving the business. Sebastian also highlights why he thinks the glove business will keep its course of high demand and growing sales. Profit margins will be sustained and the ASP (Average Selling Price) will continue to increase, but at a slower rate for the next 12 to 24 months. Please let us know your thoughts and send us any comment to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media, and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. About VIP Gloves Limited (ASX: VIP) VIP Gloves Ltd (“VIP”) is a public company whose shares are traded on the Australian Securities Exchange (ASX). Malaysia is the home to many of the world's largest rubber and nitrile glove producers. Over the past 10 years, Malaysia has grown to become the world's largest producer of rubber and nitrile gloves, accounting for over 60% of global glove production. VIP Gloves Limited was established in 2016 to manufacture nitrile disposable gloves from its plant located in Selangor, Malaysia. Currently, its products are sold to local and overseas distributors under original equipment manufacturer (OEM) basis. Holding strong to the Company’s core values, we ensure every continuous improvement efforts are undertaken beginning with research and development through to manufacturing and delivering the best quality gloves for our customers, hence best quality and smart choice. About How Weng (Sebastian) CHANG Non-Executive Director Member, Executive Committee (EXCO) Mr How Weng (Sebastian) Chang has over 25 years’ experience in the regional investment environment in Malaysia, in the areas of stockbroking, corporate finance, fund management and venture capital investments in Malaysia as well as in the Asian region. He also served as Chief Operating Officer and held directorships in several public listed companies and their subsidiaries. Sebastian is currently the principal and Chief Executive Officer of a boutique financial consulting firm which provides services to clients in the areas of public flotation, mergers and acquisitions, and corporate restructuring exercises. He was educated in Malaysia and USA and holds a Bachelor of Business Administration (cum laude) degree majoring in Finance & Banking, and Management. PODCAST Disclaimer 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 this Coffee With Samso 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 Samso. About Samso

Rooster Talk Episode 55 is with Nicole Galloway Warland, Managing Director - Thor Mining Plc (ASX: THR) Thor Mining is updating us on the Ragged Range and the Uranium projects. The scene is set for exploration to begin. Our first encounter with Thor Mining was in February 2021 at a Coffee with Samso - A Potential ESG compliant Copper-Gold Producer: Thor Mining Plc (ASX:THR) At that time, the current Managing Director, Nicole Galloway Warland was the company's Exploration Manager. The projects that were just being worked on then had just as much potential as the story. In this episode of Rooster Talk, Nicole gives us an update on the Ragged Range project which has a Lithium, Copper and Gold flair. The project is intriguing as it appears to have all three commodities in play. As Nicole begins to explain, the Ragged Range is very underexplored with potentials that have yet to be realised or sterilised. As the exploration work begins to take hold, news will be flowing and we'll be looking at a time for some serious work to be completed. Chapters 00:00 Start 00:20 Introduction 01:19 Update from Nicole. 02:10 Ragged Range 04:52 What has the historical information taught you about Ragged Range. 06:17 The Uranium and Vanadium update. 08:16 A well known Uranium and Vanadium area. 09:15 The acceptance of Uranium and Implications. 10:35 Uranium and the "No Emission" world. 11:24 Conclusions PODCAST Download this eBook This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Nicole Galloway Warland Managing Director, Thor Mining Plc (ASX:THR) Geologist Nicole Galloway Warland has worked in the mining and exploration industry for more than a quarter of a century in Australia, Eastern Europe and South America since graduating from Sydney’s University of Technology. Nicole's experience spans grassroots exploration through to project evaluation, encompassing both open cut and underground mining, with a focus predominantly on gold, copper-gold, base metals, nickel, uranium, and lithium. About Thor Mining Plc (LON:THR and ASX:THR) Thor Mining PLC is an exploration and development company with an advanced tungsten/molybdenum project poised for development, and exciting copper and gold projects, both advanced and early stages, with the potential to generate significant investor value. Thor also holds an advanced tungsten/molybdenum project ready for development. Thor has projects in Australia in the Northern Territory, Western Australia, and South Australia. Thor also owns the Pilot Mountain tungsten project in Nevada USA, and uranium and vanadium exploration claims in Colorado and Utah. Disclaimer 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. www.samso.com.au Samso creates compelling stories and content giving real insights from business leaders of ASX companies and private businesses that matter to the investment community. 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 noel.ong@samso.com.au. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Partnership Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments