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  • Why does ESG matter to ASX mining companies?

    Samso on Mining HQ Podcasts Ep.26 goes ESG today. What ESG is all about, and why it can help ASX companies move forward. ESG is now really an umbrella word to measure where you are in terms of doing things properly. ESG is more a requirement and not so much a mandatory act. ESG is not new and we as an industry have been fulfilling all these requirements for as long as Noel has been involved, and that is over 30 years. It is now just a title. The average company in the mining industry is already compliant and hence there is no longer an issue. In the case of investors, ESG can be a factor when you have sensitive environments but apart from that, it does not really play a big role. There are funds around that are looking at ESG compliant projects, so in those cases, that is a strong positive. In Australia, the First Nation conversation is always present and in Noel's opinion, it needs to be incorporated in all future paths forward, otherwise, it will never be resolved for corporate and the community. Listen here: Tin, tungsten and REE are key players in the critical and essential sectors. Listen to a conversation with Andrew Radonjic, Managing Director of Venture Minerals Limited (ASX:VMS) about the company's REE story. More stories 2022 is the Year of Green Energy and No Emission in the Mineral Resource Industry Radio Interviews with Mining HQ reaching out to 100,000 audiences per broadcast Noel Ong of Samso and Chris LeMesurier of 1055 TripleM speak fortnightly on Mining HQ about Mineral Exploration, Commodities and Mineral Resources. For the investors: Our interviews with Mining HQ includes topics to help you make good investment decisions. We also share Stock Picks, Stocks to Watch and Weekly Summaries. For Samso's clients: This is an additional opportunity for you to engage with investors directly. Samso works with a number of Media Partners like MiningHQ and Brilliant-Online to widen your reach. Contact Samso

  • A Mineral System Discovery Story with Taiton Resources Limited

    Taiton Resources Limited (ASX: T88) appoints Noel Ong as Managing Director. The Taiton Resources Limited IPO is now live. The search for the mega deposits begins within the new mineral province of the Highway project. As I always say, and it cannot be said often enough, exploration needs the key ingredients of time and patience. You have to get out there and explore, and accept that discoveries don't happen overnight. Taiton Resources Limited is a mineral exploration company focused on projects in Western Australia and South Australia. They were previously listed on the ASX (previous stock code SYS) and are seeking re-listing on the ASX at a suitable time in the future. What Taiton is doing is they are exploring in a mineralising system, or a cooking system. Once you find a system, you'll find your metals. Taiton's Prospectus is now live and ready for download. All Roads Lead to Rome The Taiton Resources story is all about the Highway project. The Highway project is the company's flagship project and it is all about the existence of a Mineral System. This part of the South Australian mineral map has been misunderstood and overlooked as an area of prospectivity. Historical explorers had walked the area, drilled, sampled, used geophysics and left as they did not find any evidence of a IOCG system. Taiton has First Mover Advantage in consolidating a large tenure of over 2,900 square km because of good timing of technical data released by South Australian Mines Department (Figure 2). Work by the company has provided evidence that the region may be more prospective than reported by previous explorers. One of the compelling evidence of prospectivity is zircon age dating carried out by the company. The results showed that the age of the basement rocks is indeed similar to those that are present in Olympic Dam. This inference has given the company a great amount of confidence in looking for porphyry or IOCG type mineralisation. Another part of the lining of the ducks is that published data has also shown that the majority of the tenements has very shallow cover of no more than 50m (Figure 1). In the main Merino prospect, the cover to basement is in the range of 0 to 20m. Figure 1: Residual gravity contours within Highway tenements over depth to basement. CSIRO work has also shown that the area where Highway is located is also the area of interest based on the amount of hydrochemical anomalism. Taiton's Projects Taiton has a number of interesting projects across Australia (Figure 2). And with some exciting characteristics as well. Figure 2: Regional map of all the projects of Taiton Resources Limited (ASX: T88). Highway Project and Challenger West Project (South Australia) Taiton acquired a total of 3,927 km2 of granted tenements in South Australia (Figure 3). The Highway project has potential for polymetallic mineralisation in an environment rich with hydrochemical activities. It has historical drilling results that confirm the presence of mineralisation 2,930 sqkm. Other strong points include having a great infrastructure along the Stuart Highway and strong geophysical indicators. Figure 3: Regional location of South Australian Projects (TMI background). Situated near the Challenger Gold Mine, the Challenger West Gold Project is located in a prospective area with little historical exploration. However, recent exploration in the area is showing that there is potential for interesting discoveries. We are talking about the presence of abundant supergene gold opportunities. Lake Barlee Gold Project (West Australia) This is a Salt Lake story with ready to drill targets which are vectored by deep seated structure with hidden Greenstone Belt (Figure 4). Taiton is chasing a system that is analogous to the 2.6Moz Big Bell deposit in the Cue region. From their study, Taiton concluded that a comparison between the RTP and analytical signal suggests that part of the host sequence is remnant, due to the presence, in the Big Bell analogy, to monoclinic pyrrhotite and mafic units comprising the potential ore host rocks. Gold mineralisation is associated with distinct magnetic highs within a weakly magnetic felsic volcanic host. A high magnetic susceptibility is due to abundant disseminated pyrrhotite at the Big Bell and may be the case with the Lake Barlee UAV magnetic targets. Figure 4: Regional locality of Western Australia Lake Barlee Project (TMI background). Looking to the future Taiton Resources Limited is on the lookout for future proof commodities. Mineral exploration companies are expected to stay on track with developments around the world, and a company that cannot keep up with our current 2020s Industrial Evolution is going to fall behind. Base metals are in, as we undeniably move into the No Emissions world. If one is looking for elephants, one cannot be too modest. Taiton Resources Limited has set its sights on world-class large conceptual targets. It has a fully underwritten IPO of AUD 7M with projects that will be explored to prove New Concepts and Discovery of Tier 1 deposits. Is there going to be an elephant discovery for Taiton? We´re keeping our eyes and ears open for some news. About Taiton Resources Limited Taiton Resources Limited was previously listed on the ASX (previous stock code SYS). Taiton Resources Limited (ASX:T88) has launched an initial public offering of a minimum of 35,000,000 Shares and a maximum of 50,000,000 Shares to be issued at a price of $0.20 per Share to raise a minimum of $7,000,000 under the IPO has been underwritten. They are an early-stage mineral exploration and development company that has a Shallow Mineral System within the Olympic Dam Mineralising Event. Their dominant land holding at the Highway Project will allow them to potentially uncover the Next Elephant Deposit in Australia. The company has projects based in South Australia and Western Australia. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. 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. About Samso 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

  • Riversgold Limited (ASX: RGL) - Vectoring into the next Lithium  Discovery.

    Coffee with Samso Episode 157 is with Julian Ford, CEO of Riversgold Limited (ASX: RGL). The lithium sector has been red hot the last two years and all evidence are pointing to another long bull run. The narrative of the supply shortage of lithium is gathering pace and even I am on the band wagon now. One of the most important point that readers need to understand is that lithium in an economic deposit is not easy to locate. In my opinion, in the immediate short to medium term, two things will happen. First is that the price of lithium will go significantly higher. The second is that the demand and the pricing will drive more exploration for lithium. The need to find more will be a driver for more exploration activities in Western Australia and Australia. Canada and the United States will see more activity as well, but I sense that the activity here in Australia will be the major player. Hence, there is a need for investors to understand how this will happen. What the oncoming results mean will be critical. Check out the previous Coffee with Samso on Lithium: Red Dirt Metals Limited (ASX:RDT) - A Lithium Gem within a Gold Mine. Pan Asia Metals Limited (ASX: PAM) - An Economical Lithium Story in Thailand. Critical Resources Limited (ASX: CRR) has both critical metals - Lithium and Zinc. Is Mining Zinnwaldite an Overlooked Lithium Source? Pan Asia Metals Limited (ASX: PAM) banks on a Lithium Project with a Low Cost Structure Strategy In this episode of Coffee with Samso, I have Julian Ford sharing with us his take on the industry. I wanted Julian to give us a good understanding of what the companies are doing, how they are doing it and what the results mean in the scheme of finding the motherlode or the Holy Grail. As you watch the episode, I hope you take what Julian is sharing as a way to view the landscape of the business. Julian gives us a good review of how Riversgold is exploring and why they have high hopes for their Pilbara projects. I mentioned that there is not much knowledge about how to find and where to find the infamous LCT pegmatites as the search for these pegmatites has only been two to three years old. As an exploration geologist, I used to wander the wilderness in search for boring things like alteration in rocks, sharing, quartz veins...etc. That was my favourite past time. Exploring was an exciting activity for me. You just never know what you may find. Sometimes you see lots of pegmatites and they are famous as pretty crystals of tourmaline. Who would have thought that these pegmatites will one day have more value than just being pretty tourmaline crystals? Take some time, listen to the episode and use the information as part of your DYOR process. Chapters: 00:00 Start 00:20 Introduction 01:14 About Julian and Riversgold. 02:55 Is West Australia the place to be for lithium? 04:51 Rundown on Riversgold projects. 07:49 The business of lithium. 16:31 Are pegmatites the beneficiating system? 20:06 The effectiveness of geophysics. 22:17 LCT model. 23:50 Looking for pegmatites. 25:32 Percentage of pegmatites that are LCTs. 27:38 How to evaluate a project? 30:56 Are pegmatites normally shallow? 32:04 More underground mines as time progresses? 33:36 Riversgold Board. 34:45 The lithium market. 37:10 News flow. 39:33 Why Riversgold? 40:48 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Julian Ford Chief Executive Officer Mr Ford has 30+ years experience in the mining industry with global experience including Australia, Africa, South East Asia and South America. Mr Ford has held senior positions within several major resource companies including Alcoa, British Gas, Western Metals Limited. Since 2004, Mr Ford has focused on managing a number of successful start-ups, including transitioning a number of these from concept/exploration to production. Mr Ford holds a degree in Chemical Engineering from the University of Natal, a Bachelor of Commerce from the University of South Africa and a Graduate Diploma in Business Management from the University of Western Australia. He has been a member of the AusIMM for 20 years. About Riversgold Limited (ASX: RGL) Riversgold Ltd is an ASX-listed exploration company focused on discovering and developing large lithium systems in the world-renowned Pilbara and Yilgarn cratons of Western Australia. In early 2022, the Company acquired a suite of four lithium-prospective exploration tenement applications covering 164km2 in the Pilbara region. The key Tambourah Project is underexplored and has the potential to host a major lithium-caesium-tantalum system much like the nearby Pilgangoora and Wodgina deposits. Further, the Company has acquired a tenement package of 292km2 prospective for lithium in the Southern Cross-Marvel Loch region of Western Australia as well as securing an option to acquire 80% of tenement E77/2784 immediately to the east of the globally significant Mt Holland lithium project in the same region. The Riversgold portfolio also offers strong exposure to gold and nickel through its large landholding at the Kurnalpi Project in the Yilgarn. 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. 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.

  • OD6 Metals Limited (ASX: OD6) - The Rare Earth Elements Story.

    Coffee with Samso Episode 158 is with Brett Hazelden, Managing Director and CEO of OD6 Metals Limited (ASX: OD6). The recent rise in Rare Earth companies has thrown attention into a sector that was largely ignored for over a decade. There were some movement in the station but largely a sector that had no excitement for investors. The geopolitical instability has created what could be a lucrative business for Australia. There is a lot of narration about Australia creating a more value added resource sector. If this were to materialise, this would add fuel to the coming bull market. The is no secret that the world is moving to a future that requires a clean energy path. It is also widely accepted now that to achieve the clean energy that is demanded, there is a need for a lot more minerals. Investors who take stock of the increasing demand and hear about the dwindling stocks will agree that there must be another bull run. In this episode, Brett Hazelden gives us a good lesson about the REE market. I believe that the market does not actually understand the ins and outs of the sector. The results in the announcements are all just numbers. Brett agrees with my comments and hence he has delivered a great episode of Coffee with Samso as he slowly unravels the mystery of the REE market. We have covered a large aspect of the sector you must take time and watch this episode if you want to know about the Rare Earth market. Check out the previous Coffee with Samso on REE: Mt Ridley Mines Limited (ASX: MRD) - Why Invest in this REE company? Northern Minerals Limited on the latest on the Rare Earth Market Northern Minerals Ltd (ASX: NTU) and Rare Earths Industry Chapters: 00:00 Start 00:20 Introduction 01:06 About Brett and OD6 Limited 02:42 What caused the rare minerals rush? 04:54 Rundown of the project 07:22 What is the "Holy Grail" number that will be an economic grade ? 09:22 Are neodymium and praseodymium still the market for rare earths? 10:44 Trends in the geology 13:41 Chemistry and relative comparison of conductivity? 14:50 Possibility of relationship with China? 17:18 The Ionic clays 18:51 Relationship between granites 22:58 What is the difference between Splinter Rock and Grass Patch? 23:54 What other possibilities are there? 24:59 Pegmatites in the granites? 27:01 Marketing the project 29:20 Has there been any initiatives to go and talk to the government? 35:01 What is causing the increase in demand of rare earth minerals? 36:35 News flow 37:37 Why invest in OD6? 38:08 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). Download our eBook now About Brett Hazelden Managing Director & Chief Executive Officer BSc, MBA, AICD Mr Hazelden is a Metallurgist who brings over 25 years’ experience serving the Australasian resources industry. His experience includes being a Company Director, Managing Director, CEO, Project Manager, Study Manager and originally a Metallurgist in an operating environment. Mr Hazelden brings a diverse range of capabilities from exploration, project development studies, research and development, project approvals, offtake agreements, equity raising, debt financing plus mergers and acquisitions. He has worked across multiple commodities including potash, gold, copper, zinc, lead, iron ore, tungsten, salt, diamond and now rare earth sectors. Most recently, Brett was the Co-founder and Managing Director/CEO of Kalium Lakes (ASX:KLL). Mr Hazelden was appointed as a Director on 1 April 2022. Mr Hazelden is not considered to be an independent Director as he is engaged in an executive capacity. About OD6 Metals Limited (ASX: OD6) OD6 Metals is an Australian public company with a purpose to pursue exploration and development opportunities within the resources sector. The Company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are located in the Goldfields-Esperance region of Western Australia, about 30 to 150km north of the major port and town of Esperance. The projects are considered prospective for clay rare earth elements (REEs), with the Company’s aim of delineating and defining economic resources and reserves to develop into a future revenue generating operational mine. Clay REE deposits are currently economically extracted in China who is the dominant world producer. Rare earth elements (in particular, Nd and Pr), are becoming increasingly important in the global economy, with uses including advanced electronics, permanent magnets in electric motors and electricity generators (such as wind turbines) and consumer electronics. Why OD6 Metals? Emerging REE major new clay province in WA, potentially competitive with China’s deposits. Dominant land position with over 4,800 km2 Located close to Esperance port, sealed roads and renewable energy infrastructure. Extensive Clay REE in 10 to 37m thick blanket over very large areas . Wide intersections of TREO with excellent Nd-Pr concentrations of 20% Multiple targets for potentially globally significant REE resources. Excellent regional metallurgy. Clay REE’S are typically low capital intensity and high margin product. Significant supply shortage forecast due to rapid demand increase for renewable power, electric vehicles and electronics. Critical metals being prioritised by Governments around the world (need for diversity of supply away from China). Samso's investment stories are also featured on Brilliant-Online 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. 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.

  • Matador Mining Limited (ASX: MZZ) - A Story About A Mega Gold Exploration Project.

    Coffee with Samso Episode 156 is with William Potma, Chief Geologist and Crispin Pike, VP, Discovery of Matador Mining Limited (ASX: MZZ) Matador Mining has changed their strategy to be more exploration focused. I can see this as a very calculated approach. A focus to look for the "Holy Grail" is a smart move. This is a technical episode where we discuss what makes Cape Ray tick and how management will tackle the concept of discovery. Warren and Crispin brings a lively discussion on the How, the Why, the Where and the With What. This is a must have discussion as the size of the project is hard to conceptualize for the average investor. The magnitude of 120km of strike length may be big but it's the location of the secondary and tertiary structural points that will make discoveries. Many geoscientists in this area will agree that there are many big deposits, and big economic deposits that have come from these secondary and tertiary points. For those that want to understand the technical aspects of the Matador story, this is a great time to make a coffee or tea, sit back and enjoy this Coffee with Samso. Chapters: 00:00 Start 00:20 Introduction 01:45 Warren Potma and Matador Mining. 04:27 Crispin Pike and the progress of exploration activities. 07:40 Geophysics as a dominant tool used by exploration. 08:49 Discussion about big projects. 12:33 Shallow drilling at Cape Ray. 13:16 Is Cape Ray geologically unique? 14:57 What is the market sentiment for Matador and the Gold sector? 16:45 Thoughts on the project as the Exploration Manager. 19:24 Challenges of the project. 22:24 Jurisdiction matters. 25:19 The Hermitage Project. 28:44 Could Hermitage be a first tier project? 29:30 Are regional structure controls dominating the Mineralisation? 31:13 Finding the next bigger deposits. 32:10 How big can the Matador projects end up? 33:41 News flow. 35:51 Takeaway from Coffee with Samso. 38:17 Conclusion PODCAST About Warren Potma Chief Geologist Mr Potma is a highly experienced exploration manager, with a successful career spanning over 25 years. He was most recently Principal Geologist for CSA Global, where he provided specialist consulting services to exploration and mining companies. Prior to his time at CSA Global, Warren was Exploration Manager for Hot Chili, an ASX listed company with a portfolio of projects in Chile. Warren’s geology team also delivered a maiden Ore Reserve and provided all the geological and geometallurgical inputs required for the Productora Pre-Feasibility Study. Prior to this, Warren held the position of Exploration Manager for Silver Swan Group/Caravel Minerals following his departure from a very successful eight years with the CSIRO where he led the Mineral Systems and Targeting applied research stream which focused on developing and applying exploration technologies and methodologies across the Australian exploration and mining sector. Warren holds a Master’s degree in structural geology from Monash University, and is a member of both the AIG and AUSIMM. About Crispin Pike VP, Discovery Crispin Pike has come on as Exploration Manager having worked for the Geological Survey of Newfoundland and Labrador for six years, and prior to that with 9 years with INCO/Vale on projects across North and South America. About Matador Mining Limited (ASX: MZZ) Matador Mining Limited is an exploration company that is listed on the Australian Stock Exchange (ASX). The company has its main project in the south-western area of Newfoundland, Canada. The Project is about 25 km northeast of the coastal town of Port aux Basques and is located on the Cape Ray shear, one of the most prospective, yet under-explored gold regions in North America. The Company is the largest holder of ground along the Cape Ray shear, with approximately 120 km of continuous strike along the shear. The Company’s tenement boundary is located approximately 50 km along strike from Marathon Gold’s (MOZ.TSX) 4.2Moz Valentine Lake Gold Project. The Cape Ray Gold Project The Cape Ray Gold Project (Cape Ray or the Project) covers approximately 120km of strike along the highly prospective, yet under explored Cape Ray Shear located in Newfoundland, Canada. The Project hosts a current resource of 837,000oz Au at 2g/t Au, across four deposits, all of which are within 15km of strike. A 2020 Scoping Study (ASX announcement 6 May 2020) highlighted that Cape Ray has the makings of an excellent gold project, with low estimated All In Sustaining Operating costs (US$776/oz Au), strong IRR (51% post Tax) and rapid payback (1.75 year). These strong outputs were driven by the Project’s high grade, yet shallow gold mineralisation, (average head grade of 2.6g/t au during the first four years of production – 88,000oz Au per annum) that ranks the Project as one of the highest grade, undeveloped open pit projects globally. However, prior to commencing a Pre-Feasibility Study, the Company identified the requirement to grow the Resource further to ensure the initial 7 years mine life assumed in the Scoping Study is increased. To achieve this, the Company believes a blend of expansion drilling around known deposits as well greenfield exploration to test the vast, yet under explored Project area as the optimal strategy. The Company therefore outlined the most expansive exploration program for the 2021/22 season, including: 45,000 metres of diamond drilling; Five power auger drill rigs; 80 kilometre Heli-Mag program; and Inaugural winter exploration program. 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: 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 Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

  • Cyprium Metals Limited (ASX: CYM) - The Copper Producer: Primed and Ready.

    Coffee with Samso Episode 159 is with Barry Cahill, Executive Director of Cyprium Metals Limited (ASX:CYM) In this episode with Cyprium Metals Limited we are recapping on the journey since we last spoke earlier this year. I have Barry Cahill sharing with us all aspects of the company's activities and its continued struggle to finance the Nifty Copper mine. Barry focusses on the reasons why Cyprium Metals Limited is the leader of the pack in terms of upcoming Copper producers. When we look around the ASX, there is a large gap between the large producers such as BHP (ASX: BHP) and the recently bought Oz Minerals. There is a big gap in between, and the current breed of mid cap producers is largely missing. There was Austral Resources Limited which was doing some ore moving but that has gone a bit quiet. There is no doubt that the quest to be the next producer is not easy. One topic that has largely gone unnoticed about the Copper miners is the difference between a producer who goes to Copper sheet (Cyprium Method) and the tradition refinery route. The diagram below, which is taken straight out of the Cyprium's presentation, shows why Cyprium is different. The Cyprium Nifty project has a lot of benefits in reducing cost and carbon emissions as it is a brownfield refurbishment project with extensive assets already in place. Get yourself comfortable and listen to Barry telling us the journey, good and bad, since we last spoke to him in March 2022. Listen to previous conversations with Cyprium Metals Limited. Chapters 00:00 Start 00:20 Introduction 01:14 Recap of Cyprium Metals Limited. 04:23 Other projects: Maroochydore Copper Project. 05:44 Murchison Copper Project. 08:24 Nifty Copper Project. 11:22 Financing the project. 13:14 Project approvals. 14:11 Current stage: Finance process. 17:13 Explaining to investors about the resource base. 20:47 Knowledge from past experiences. 26:03 The ESG component of copper. 28:35 Discussion about ESG funds. 33:51 Are there any issues faced? 36:54 Importance of inventory. 45:19 What is the step forward? 53:13 Any last words? 56:34 Conclusion PODCAST About Barry Cahill Executive Director Mr. Cahill is a mining engineer with over 30 years’ experience in exploration, operational mining and management. In particular, his experience covers management of project development and construction from exploration drilling through project funding, commissioning and development. He was the Managing Director of Finders Resources Limited from 2013 until its takeover in 2018. Mr. Cahill has previously been Executive Director of a number of public companies including Operations Director at Perilya Limited and Managing Director of Australian Mines Limited and Norseman Gold Plc. About Cyprium Metals Limited (ASX:CYM) Cyprium Metals Limited (ASX: CYM) is an ASX listed company with copper projects in Australia. The Company has a highly credentialed management team that is experienced in successfully developing sulphide heap leach copper projects in challenging locations. The Company’s strategy is to acquire, develop and operate mineral resource projects in Australia which are optimised by innovative processing solutions to produce copper metal on-site to maximise value. The Company has projects in the Murchison and Paterson regions of Western Australia that is host to a number of base metals deposits with copper and gold mineralisation. Paterson Copper Projects This portfolio of copper projects comprises the Nifty Copper Mine, Maroochydore Copper Project and Paterson Exploration Project. The Nifty Copper Mine (“Nifty”) is located on the western edge of the Great Sandy Desert in the north-eastern Pilbara region of Western Australia, approximately 330km southeast of Port Hedland. Nifty contains a 2012 JORC Mineral Resource of 732,200 tonnes of contained copper (i). Cyprium is focussed on a heap leach SX-EW operation to retreat the current heap leach pads as well as open pit oxide and transitional material. Studies will investigate the potential restart of the copper concentrator to treat open pit sulphide material. The Maroochydore deposit is located ~85km southeast of Nifty and includes a shallow 2012 JORC Mineral Resource of 486,000 tonnes of contained copper (ii). Aeris Resources Limited (ASX: AIS, formerly Straits Resources Limited) holds certain rights to “buy back up to 50%” into any proposed mine development in respect of the Maroochydore Project, subject to a payment of 3 times the exploration expenditure contribution that would have been required to maintain its interest in the project. An exploration earn-in joint venture has been entered into with IGO Limited on ~2,400km2 of the Paterson Exploration Project. Under the agreement, IGO is to sole fund $32 million of exploration activities over 6.5 years to earn a 70% interest in the Paterson Exploration Project, including a minimum expenditure of $11 million over the first 3.5 years. Upon earning a 70% interest, the Joint Venture will form and IGO will free-carry Paterson Copper to the completion of a pre-feasibility study (PFS) on a new mineral discovery. Murchison Copper-Gold Projects Cyprium has an 80% attributable interest in a joint venture with Musgrave Minerals Limited (ASX: MGV) at the Cue Copper-Gold Project, which is located ~20km to the east of Cue in Western Australia. Cyprium will free-carry the Cue Copper Project to the completion of a definitive feasibility study (DFS). The Cue Copper-Gold Project includes the Hollandaire Copper-Gold Mineral Resources of 51,500 tonnes contained copper (iii), which is open at depth. Metallurgical test-work has been undertaken to determine the optimal copper extraction methodology, which resulted in rapid leaching times (refer to 9 March 2020 CYM announcement, “Copper Metal Plated”, https://cypriummetals.com/copper-metal-plated/). The Nanadie Well Project is located ~650km northeast of Perth and ~75km southeast of Meekatharra in the Murchison District of Western Australia, within mining lease M51/887. The Cue and Nanadie Well Copper-Gold projects are included in an ongoing scoping study, to determine the parameters required to develop a copper project in the region, which provides direction for resource expansion work. (i) Refer to CYM ASX announcement dated 17 November 2021 “Updated Nifty Copper Mineral Resource Estimate” (ii) Refer to MLX ASX announcements: 10 March 2020, “Nifty Copper Mine Resource Update” and 18 August 2016, “Annual Update of Mineral Resources and Ore Reserves” (iii) Refer to CYM ASX announcement: 29 September 2020, “Hollandaire Copper-gold Mineral Resource Estimate” 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: 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 Click on image above for Coffee With Samso investment column featured on Brilliant-Online. Our new Brilliant partnership allows us to distribute stories from ASX companies and private businesses to a wider community. As subscribers to Samso, you will find Brilliant stories inspiring.

  • How ASX companies do marketing and promotions and what should investors be looking at

    There are two parts to today's podcast on Samso on Mining HQ Podcasts Ep.27 Part 1: Noel was on air with Chris Le Messurier of Mining HQ to discuss marketing and promotions for ASX companies or companies soon to be on ASX. Some of the questions that Chris asked. Should companies continue to promote themselves when the market is not reactive? When is the best time to promote yourself? How can you promote yourself? Why should we promote when we think no one is listening? Noel believes that the best time to promote yourselves is now when everyone has gone in hibernation so you should be singing the loudest. Good story telling is the best way to get the message across. In the modern digital world, impressions are how many times your content is spotted. Using short form information is the best way to test the market on your content and then use that as the best gauge to do long form campaigns. Part 2: What should investors be looking at with so much marketing noise? Ignore the emotions on Fear of Missing Out. Noel says it is back to basics to doing your own research and due diligence. There's lots of noise out there especially with short form information and it is necessary to sieve through long form information in order to make sound decisions. Listen here: Radio Interviews with Mining HQ reaching out to 100,000 audiences per broadcast Noel Ong of Samso and Chris LeMesurier of 1055 TripleM speak fortnightly on Mining HQ about Mineral Exploration, Commodities and Mineral Resources. For the investors: Our interviews with Mining HQ includes topics to help you make good investment decisions. We also share Stock Picks, Stocks to Watch and Weekly Summaries. For Samso's clients: This is an additional opportunity for you to engage with investors directly. Samso works with a number of Media Partners like MiningHQ and Brilliant-Online to widen your reach. Contact Samso

  • Riversgold Limited (ASX: RGL) - Significant Lithium Mineralisation at Tambourah Project.

    Rooster Talk Episode 66 is with Julian Ford, CEO of Riversgold Limited (ASX: RGL). The exploration for lithium is now expanding to all corners of the Australian continent. The obvious places are now covered. The understanding of LCT pegmatites are now a common language. Check out the previous Coffee with Samso with Riversgold At today's Rooster Talk, Julian updates us on the mineralisation at Tambourah and discusses what the results mean for Riversgold and where management is taking the company. There are some great notes on the LCT pegmatite science and the methods that are being employed by Riversgold in their search for discovery. The geological understanding of where more pegmatites can be found now lies in understanding the geological science that produces these geological bodies. Take some time, listen to the episode and use the information as part of your DYOR process. Chapters: 00:00 Start 00:20 Introduction 00:56 The announcement. 03:45 The relationship between Lepidolite and Spodumene. 06:18 Lithium Exploration is still early. 07:41 The Lessons from the results. 09:36 What is your Exploration Strategy Now? 11:31 How should Investors look at Riversgold Now? 12:54 Conclusions PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Julian Ford Chief Executive Officer Mr Ford has 30+ years experience in the mining industry with global experience including Australia, Africa, South East Asia and South America. Mr Ford has held senior positions within several major resource companies including Alcoa, British Gas, Western Metals Limited. Since 2004, Mr Ford has focused on managing a number of successful start-ups, including transitioning a number of these from concept/exploration to production. Mr Ford holds a degree in Chemical Engineering from the University of Natal, a Bachelor of Commerce from the University of South Africa and a Graduate Diploma in Business Management from the University of Western Australia. He has been a member of the AusIMM for 20 years. About Riversgold Limited (ASX: RGL) Riversgold Ltd is an ASX-listed exploration company focused on discovering and developing large lithium systems in the world-renowned Pilbara and Yilgarn cratons of Western Australia. In early 2022, the Company acquired a suite of four lithium-prospective exploration tenement applications covering 164km2 in the Pilbara region. The key Tambourah Project is underexplored and has the potential to host a major lithium-caesium-tantalum system much like the nearby Pilgangoora and Wodgina deposits. Further, the Company has acquired a tenement package of 292km2 prospective for lithium in the Southern Cross-Marvel Loch region of Western Australia as well as securing an option to acquire 80% of tenement E77/2784 immediately to the east of the globally significant Mt Holland lithium project in the same region. The Riversgold portfolio also offers strong exposure to gold and nickel through its large landholding at the Kurnalpi Project in the Yilgarn. 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. 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.

  • Aurumin Limited (ASX: AUN) - Central Sandstone Resource Update.

    Rooster Talk Episode 65 is with Brad Valiukas, Managing Director of Aurumin Limited (ASX: AUN) This episode of Rooster Talk with Aurumin Limited (ASX:AUN) is about the latest announcement on the upgrading of the Sandstone resource. This has been a developing story since our previous Coffees. Listen to our previous conversations with Aurumin Limited here: Today, we bring a brief discussion of the resource upgrade and what it means in the overall scheme of the project. Chapters: 00:00 Start 00:20 Introduction 01:21 Update from Brad. 01:45 Two Mile Hill Resource Upgrade. 03:37 What is required from here? 06:33 What is the Sandstone Story Now? 07:24 The Two-Prong Approach to Sandstone. 08:23 Are there any "Spanners" in the works? 09:04 News flow. 10:01 Brad's Last Words. 10:27 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Brad Valiukas - Managing Director BEng (Mining), GradCert (Econ), Member AusIMM Mining Engineer and experienced executive with over 20 years operational, management and executive experience covering underground and open pit operations across multiple commodities around Australia and internationally. Brad's most recent position is that of Manager – Technical Services for Northern Star Resources. He was previously COO at Focus Minerals, COO at ABM Resources and held senior roles at Mincor Resources. About Aurumin Limited (ASX: AUN) Aurumin Limited (ACN 639 427 099) (Aurumin or Company) is an Australian company incorporated on 28 February 2020 in Western Australia as a mineral exploration company to allow the reorganisation of projects held by Aurumin Mt Dimer Pty Ltd (formerly Acertim Resources Pty Ltd) (Aurumin Mt Dimer). In particular, the Company was established to enable the restructure of the Mt Dimer, Mt Palmer and Johnson Range projects into separate project entities and further consolidate additional tenements, and to progress these gold exploration projects in the Southern Cross and Kalgoorlie regions. Since incorporation, the Company has acquired 100% legal and beneficial ownership of Aurumin Mt Dimer and Aurumin Mt Palmer Pty Ltd (formerly Mt Palmer Gold Pty Ltd), and has entered into a further 3 tenement acquisition agreements and applied for further tenements such that it now has an interest in 29 tenements across 4 projects. 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: Your Bonus Samso has 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 Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

  • St George Mining Limited (ASX: SGQ) - Discovering a Major Prize within a New Lithium Province.

    Coffee with Samso Episode 160 is with John Prineas, Executive Chair of St George Mining Limited (ASX: SGQ). In this episode with St George Mining Limited , we have John Prineas telling us all about the lithium discovery within their Mt Alexander project. I recently had a few conversations about lithium and I feel that the investing market has not realised that the lithium exploration timeline has just started. The lithium euphoria has only been happening for the last two years. The discovery has been all the easy pickings and more commentary is now in the public domain about the discovery of pegmatites that are basically under cover. Like all the previous commodity boom, the strong demand vs. supply equation will carry the rest of the lithium sector further. My view of the sector is that the demand for lithium will definitely outstrip what the work can provide, literally. The mining of lithium will never catch up with the need for the metal. There is no doubt about this statement. St George Mining is now on the verge of joining the ranks of all the potential players out there with one pointed advantage. It is just 10km and along strike (within the potential mineralisation trend) of the Mt Ida Lithium project which is owned by Red Dirt Metals Limited (ASX: RDT). In this episode, viewers should take note of the potential of the current drilling program. There have been rock chip results showing mineralisation but the drilling results will be the conclusive point. The width mapped on the surface and the rock chip assays should give some indication of the potential. It does not take a genius to realise that there will be pegmatite drilled and there will be number. Where the results will take the project is the unknown. I would start asking the company some serious questions and keep an eye on announcements from the company. Watch this conversation and make a decision to do some serious DYOR. Chapters 00:00 Start 00:20 Introduction 01:27 About St George Mining. 01:58 Discovery having similar geology with Mt Ida. 03:32 How encouraging is the width of pegmatites? 05:13 The drilling program. 05:47 Lithium Exploration is still Young. 07:17 How much of the tenement has been looked at? 08:12 Is it advantageous to be close to Mt Ida? 09:26 Discovering the use of lithium. 11:10 How is your experience with the lithium trend? 13:07 St George Mining’s nickel projects. 15:20 Sharing the funding between two projects. 16:45 What are your thoughts on the market? 18:00 Do you see WA being the dominant player in the lithium space? 21:05 News flow. 22:01 Why St George Mining? 22:41 Conclusion PODCAST Listen to previous Coffee with Samso conversations on Lithium. About John Prineas B.Ec LL.B F Fin Executive Chair John is a founding shareholder and director of the Company. He has over 25 years experience in the banking and legal sectors, including a period as the head of a financial institution in Australia. He commenced his career as a lawyer at Allen, Allen & Hemsley, gaining extensive experience in commercial transactions and corporate advice in both Australia and Asia-Pacific. In 1994, he joined Dresdner Bank AG in Sydney and over the next 10 years occupied the roles of General Counsel, Chief Operating Officer and Country Head with a focus on project and acquisition finance for resources and infrastructure projects as well as associated capital markets and treasury products, including commodities trading. John has a diverse range of high level experience in finance, mining and corporate governance. About St George Mining Limited (ASX:SGQ) St George Mining Limited is a mining exploration company focused on creating shareholder value through the discovery of world class deposits. At its flagship Mt Alexander Project in Western Australia, St George boasts Australia’s latest nickel-copper sulphide discovery. High-grade nickel-copper-sulphide-PGE mineralisation occurs from just 30m below surface and over a 4.5km strike of the Cathedrals Belt. The discovery continues to grow with ongoing definition drilling delivering further significant intersections of high grade mineralisation including: MAD71 (Stricklands Prospect): 17.45m @ 3.01%Ni, 1.31%Cu, 0.13%Co and 1.68g/t total PGEs from 37.45m including the massive sulphide zones of: 5.3m @ 4.39%Ni, 1.45%Cu, 0.21%Co and 2.09g/t total PGEs from 39.3m; 2.02m @ 5.05%Ni, 2.01%Cu, 0.21%Co and 3.31g/t total PGEs from 50.6m; and 0.5m @ 3.68%Ni, 3.9%Cu, 0.17%Co and 2.68g/t total PGEs from 54.4m. MAD56 (Cathedrals Prospect): 7.5m @ 3.90%Ni, 1.74%Cu, 0.12%Co and 3.32g/t total PGEs from 57.8m including 3.15m @ 6.36%Ni, 2.92%Cu, 0.20%Co and 5.03g/t total PGEs from 61.81m MAD60 (Investigators Prospect): 5.3m @ 4.95%Ni, 2.75%Cu, 0.16%Co and 4.55g/t total PGEs from 157.9m including 3m @ 6.40%Ni, 3.55%Cu, 0.21%Co and 5.25g/t total PGEs from 159.38m This major discovery comes at a time when the electric vehicle (EV) revolution and trend to alternative energy storage systems is gaining momentum. Demand for nickel sulphide – a critical battery metal – is forecast to surge with an upswing in the nickel price already underway. Preliminary metallurgical tests of the massive sulphides at Mt Alexander produced concentrate with 18% nickel and 32% copper with high values for cobalt and PGEs. The excellent exploration results at Mt Alexander build confidence in the resource potential at the Project and support Mt Alexander emerging as a major new nickel sulphide camp in Western Australia. Our other projects – the Paterson and Broadview Projects - are located in exploration hotspots in Western Australia and provide additional value for the Company. Drill core from MAD177 (photo below) which returned assays of: 10.5m @ 4.82% Ni, 1.67% Cu, 0.15% Co and 2.87 g/t total PGEs from 182.5m, including 4m @ 7.53% Ni, 2.47% Cu, 0.23% Co and 3.92 g/t total PGEs from 186m. 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: 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 Click on image above for Coffee With Samso investment column featured on Brilliant-Online. Our new Brilliant partnership allows us to distribute stories from ASX companies and private businesses to a wider community. As subscribers to Samso, you will find Brilliant stories inspiring.

  • OD6 Metals Limited (ASX: OD6) - Outstanding High-Grade Rare Earth Results

    Rooster Talk Episode 67 is with Brett Hazelden, Managing Director and CEO of OD6 Metals Limited (ASX: OD6). When we last spoke on Coffee with Samso Episode 158, Brett gave us a lesson on Rare Earth Elements and how investors should look at this sector. Brett is now showing the proof in the pudding. The recent results are showing the market that OD6 Metals has the asset to make the company a future REE producer. The recent announcement on 10 November 2022 entitled "Outstanding High-Grade Clay Rare Earths with Extensive Areas Confirmed at Splinter Rock" has not set up the company for a lot of attention from investors in the ASX. Brett is narrating this episode to help us understand what all the numbers mean. It is not easy to understand what makes the Rare Earth project tick. However, if you are looking to invest in this sector and you are not playing the "selling dreams" message, then it is best you take notice. "These initial rare earth assay results are outstanding and represent some of the highest grades and thickest clay-hosted rare earth intersections seen in Australia. The extent and consistency of these shallow, high-grade clays have resulted in four significant prospects being identified that are between four and seven kilometers in width which are open in length, on our 2,579km2 Splinter Rock project. More importantly, these drill results validate historic assays, plus they extend the discovery of clay-hosted rare earths across a new drill line perpendicular to the original line. This bodes well for future drilling, which we anticipate will significantly grow the known mineralised area. The Splinter Rock Project, with its proximity to port and renewable energy generation potential, now has the very real potential to be a globally significant, world class group of mineral systems that could be a multigenerational asset as the world transitions to the decarbonised economy. The scale of these clays is hard to comprehend when you start talking multiple kilometers in one direction at a thickness of between 10 to 30m. The potential is massive." Comments by Brett Hazelden 10th November 2022 In a fast moving REE business, there is merit in putting your money into the best option. I always tell people that if you want to take great photos, use a proper camera. The problem with that statement now is that smartphones take great photos too. The difference will then boil down to the photographer's skills. OD6 appears to have great management and the projects are looking to be bulky and substantial. Do Your Own Research and check out this Rooster Talk. Check out the previous Coffee with Samso on REE: OD6 Metals Limited (ASX: OD6) - The Rare Earth Elements Story. Mt Ridley Mines Limited (ASX: MRD) - Why Invest in this REE company? Northern Minerals Limited on the latest on the Rare Earth Market Northern Minerals Ltd (ASX: NTU) and Rare Earths Industry Chapters: 00:00 Start 00:20 Introduction 01:07 Brett updates on the announcement. 01:54 What do your grades mean? 02:56 How does the basement topography affect your project? 03:55 All about the reservoir. 04:18 Has the strike of the project recently been confirmed? 05:19 30km strike is a large prospect. 05:43 Magnetic REO and Critical REO. 07:42 What has OD6 learnt from the recent drilling? 09:19 Is there research on the other REE members? 10:21 Have any "Spanners' or Hurdles" come out of the recent drilling? 11:26 News Flow. 14:05 Is OD6 more attractive now? 14:56 Volume is Important in REE. 15:38 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). Download our eBook now About Brett Hazelden Managing Director & Chief Executive Officer BSc, MBA, AICD Mr Hazelden is a Metallurgist who brings over 25 years’ experience serving the Australasian resources industry. His experience includes being a Company Director, Managing Director, CEO, Project Manager, Study Manager and originally a Metallurgist in an operating environment. Mr Hazelden brings a diverse range of capabilities from exploration, project development studies, research and development, project approvals, offtake agreements, equity raising, debt financing plus mergers and acquisitions. He has worked across multiple commodities including potash, gold, copper, zinc, lead, iron ore, tungsten, salt, diamond and now rare earth sectors. Most recently, Brett was the Co-founder and Managing Director/CEO of Kalium Lakes (ASX:KLL). Mr Hazelden was appointed as a Director on 1 April 2022. Mr Hazelden is not considered to be an independent Director as he is engaged in an executive capacity. About OD6 Metals Limited (ASX: OD6) OD6 Metals is an Australian public company with a purpose to pursue exploration and development opportunities within the resources sector. The Company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are located in the Goldfields-Esperance region of Western Australia, about 30 to150km north of the major port and town of Esperance. The projects are considered prospective for clay rare earth elements (REEs), with the Company’s aim of delineating and defining economic resources and reserves to develop into a future revenue generating operational mine. Clay REE deposits are currently economically extracted in China who is the dominant world producer. Rare earth elements (in particular, Nd and Pr), are becoming increasingly important in the global economy, with uses including advanced electronics, permanent magnets in electric motors and electricity generators (such as wind turbines) and consumer electronics. Why OD6 Metals? Emerging REE major new clay province in WA, potentially competitive with China’s deposits. Dominant land position with over 4,800 km2. Located close to Esperance port, sealed roads and renewable energy infrastructure. Extensive Clay REE in 10 to 37m thick blanket over very large areas. Wide intersections of TREO with excellent Nd-Pr concentrations of 20%. Multiple targets for potentially globally significant REE resources. Excellent regional metallurgy. Clay REEs are typically low capital intensity and high margin product. Significant supply shortage forecast due to rapid demand increase for renewable power, electric vehicles and electronics. Critical metals being prioritised by Governments around the world (need for diversity of supply away from China). OD6 Metals as featured on Brilliant-Online Magazine 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. 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.

  • Orpheus Minerals Limited (ASX: ORP) on Nuclear Energy: Uranium as a Cleaner Energy Source

    Coffee with Samso Episode 161 is all about uranium. Orpheus Minerals Limited (ASX: ORP) is currently completing their Initial Public Offer which closes on the 25th November 2022. Download Prospectus: www.orpheusminerals.com.au/IPO Closure date of the offer: 5PM AEST Friday 25 November 2022 Simon Mitchell, the Managing Director of Orpheus Minerals Limited (ASX: ORP) shares his thoughts on a sector that rarely makes an appearance in recent media coverage. Simon has extensive experience in the uranium sector and he gives a great summary of why Orpheus is on a path that is now getting some attention. Uranium has been a dirty word for awhile and the last major market interest of substance was as far back as 2006. There was some interest a couple of years back, but that was very short lived. In this episode we focused on the Orpheus projects and what the market sentiments will be for uranium. We had a discussion of the two major styles of uranium geology. This is a great episode for new investors to get some sort of an understanding on the roll-front and unconformity style uranium deposits. Listen to Simon here We also talked about the market and why the future for uranium looks bright. Orpheus has also selected projects in two Australian states that have good uranium mining policies. Those that are looking for exposure in this sector should take a good look at Orpheus Minerals as they have two of the main points I always look for in a company i.e. a good project, and an even better management. Check out the management team and you will find that there is a great wealth of experience in the uranium space. This is very rare. There are not many uranium exploration companies that have a staple of uranium experience like Orpheus Minerals Limited. The key to the uranium industry, from an investor's point of view is the global wave of acceptance to build more nuclear reactors. According to Simon, this has already happened. This gives me the greatest confidence that the investor's position is near. Do Your Own Research but don't let this slip. Chapters 00:00 Start 00:20 Introduction 01:23 Introduction to Simon Mitchell. 02:38 Why Australia for Uranium? 03:37 Australian Uranium Province. 05:47 The Orpheus Paleo-Channel Projects. 06:15 The Orpheus Northern Territory Projects. 06:43 The Frome Project. 07:53 The Two Major Styles of Uranium Geology. 08:56 The Paleo-Channel / Roll-Front Uranium Style. 10:51 Do Paleo-Channel Uranium Projects occur together? 12:53 The Cooking Pot - Mineral System of Uranium Mineralisation. 13:56 Phosphate as a Uranium Pathfinder Mineral. 15:17 The Unconformity Uranium Geology. 20:08 Geological Unconformity Explained. 21:06 The Covid Unconformity Example. 21:25 Why is Uranium going to be in Focus? 26:33 Where is the Uranium Discussion Now? 27:44 What's the Global Nuclear Point of View? 32:34 What is the progress of Nuclear Safety? 34:46 Great Advancement of Safety in the Nuclear sector. 37:09 The Orpheus IPO Progress. 38:04 Key takeaway from Simon Mitchell. 38:39 Key management of Orpheus Minerals Limited. 40:26 Conclusion Simon Mitchell Managing Director BSC (HONS) GEOL, GRAD.DIP. APPLIED FINANCE, MAUSIMM, GAICD, MSEG Simon Mitchell was appointed Managing Director of Orpheus on 1 November 2021. Mr. Mitchell is a geologist and corporate executive with 31 years of resources industry experience in both technical and finance roles. From 2015 to 2021, Mr Mitchell was CEO and Managing Director of Southern Gold Limited, an ASX listed gold exploration company with a focus on Australia and South Korea. Mr Mitchell was General Manager of Business Development with ASX listed uranium exploration and mine development company Toro Energy Limited from 2006 until 2013 where he was responsible for managing the raising of more than US$80m. Mr Mitchell was also the lead executive for Toro in the A$280m takeover of ASX listed Nova Energy, then owner of the Lake Way-Centipede uranium project, near the town of Wiluna. Subsequent to the Nova acquisition, Mr Mitchell also negotiated a series of deals to consolidate the broader Wiluna Uranium project, doubling the resource base from 24mlb uranium oxide to more than 50mlb uranium oxide. Prior to Toro Energy, Mr Mitchell had 10 years gold exploration and mine development experience with Normandy NFM, RGC, Goldfields and Aurora Gold in Australia, Bolivia, Chile, Papua New Guinea and Indonesia, and worked for six years at the Commonwealth Bank of Australia, predominantly in Project Finance. Orpheus Minerals Limited Orpheus Minerals Limited was established to explore and discover greenfield uranium deposits in South Australia and the Northern Territory at economic grade and scale. The focus is on sandstone/sediment hosted (paleochannel roll front or structurally controlled) and unconformity (hard rock) uranium deposit types as these are typically higher grade or more simply extracted. Orpheus’s exploration focus is on the Australian jurisdictions that presently include approved and operating (or recently operating) uranium mines – South Australia and the Northern Territory. These are also the jurisdictions considered to have high prospectivity for economic uranium deposits and have the regulatory systems at both state and federal level supportive of the development of new uranium mines. Orpheus Minerals is an Australian unlisted public company, incorporated on 21 August 2020 by its current parent company, Argonaut Resources NL (ASX:ARE) (Argonaut). Following a strategic review by Argonaut of its assets, Argonaut decided to demerge its uranium exploration projects via the Offer, which is considered to be a partial, non-standard spin-out. Argonaut shareholder approval for the demerger for the purposes of ASX Listing Rule 11.4 was received on 30 September, 2022. 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. 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.

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