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- Decarbonisation: Implementation Issues and Process.
Samso Insight Episode 100: As we progress to a world of clean energy and a No Emission life, the hard path of implementation begins. The hard part of all the conversations about decarbonisation and a perfect world of less carbon, less emission to no carbon and no emission is the implementation of some real world details. In this episode we have Matthew Bowen and Adel van der Walt from Jackson McDonald and Joe Wyder from DMIRS speaking with Tony Goode. Matthew and Adel share with us their experience in a sector which seems to be a world of smoke and mirrors. The average citizen of the world always has an opinion they want to express about the clean world. However, as you take the conversation further, they seem to lack an understanding of how that will work in practice. When we talk about the mining sector, there are so many parameters that need to be considered. Most importantly, we mustn't forget that mining is a business after all, and if there are no profits, then there will be no mining. This discussion is all about how we are going to have clean energy for mining and how all proponents of this industry must work together to have best practice. There are some real working examples of cleaner energy which we discuss in today's Insights, and you can see it in the images below. King Island and Rottnest Island are prime examples of how important hybrid power systems are to the clean energy process. One interesting message that came from this episode is that clean mining will consume more energy. People who want clean mining need to understand that to achieve the clean power world, there is a need for more mining. More clean mining means more energy will be consumed. Source: Hydro Tasmania King Island Renewable Energy Integration Project (link) and Rottnest Island Project (link), 31 August 2022 Make sure you have a good cup of your favorite beverage and tune in to this episode of Samso Insights. As stale as you may think the heading is, as you watch the episode, you will begin to get engrossed with this stimulating concept of implementing the decarbonisation process. Chapters: 00:00 Start 00:20 Introduction 03:05 The state of the clean world status. 07:17 Why do we Decarbonise? 03:18 Changing of mindsets. 14:10 How does the Decarbonisation process look? 15:55 Carbon Consumption - The Business of Mining. 21:41 Clean Mining will consume more power. 22:21 Small Vehicle Fleet on Alternative Fuel. 23:43 NASA testing alternative fuel options. 24:25 Is hydrogen cells for the big trucks? 24:57 The birth of hybrids. 25:32 Difficulties of hydrogen. 26:01 Alternative fuel will determine Mine Design. 27:08 The issue with Lithium ion batteries. 28:06 State Government Hydrogen Committee. 32:02 The coming of the Mineral Revolution. 33:39 The Purchase Agreement. 35:21 DMIRS New Implementation supporting Decarbonisation. 39:29 Resources provided by DMIRS. 40:54 Jackson McDonald contribution to the Power Agreement templates. 43:38 Agreements are made from the miners' perspective. 51:28 The impacts and opportunities for Indigenous communities. 52:36 Challenges of Hybrid vs Conventional power generators. 53:51 Opportunities to help indigenous communities. 54:50 The wealth creation opportunities from the renewable energy space. 57:51 Concluding comments from Matthew Bowen. 01:00:20 Conclusion PODCAST About Adel van der Walt Partner - Jackson McDonald Adel is a senior energy projects and corporate commercial lawyer. She advises on contract preparation, negotiation and interpretation. Her experience spans a wide range of commercial and project documentation in the energy and mining sectors, including project development, corporate structuring and project operational documentation, including service agreements, management agreements, offtake contracts, distribution, marketing and supply contracts. Adel is an experienced transactions lawyer who advises on in and out-bound investments and mergers and acquisitions in the mining and oil and gas sectors. She is a legal due diligence expert and regularly assists companies operating in the mining and oil & gas industries to conduct effective small and large scale due diligence investigations. Adel also advises her clients in respect of a wide range of corporate and regulatory matters. As a leading energy and projects lawyer in our Energy and Regulation team, Adel advises businesses over the entire life cycle of energy projects. Her clients include gas and electricity providers, buyers and sellers, pipeline and network companies, alternative energy companies and energy consumers, including major project and asset owners. Some recent relevant work include assisting a company with the development of a hybrid gas/wind/solar/battery renewable energy power facility and associated construction and power purchase agreements. Prior to 2009, Adel practised in South Africa where she specialised in mining transactions and operational work, and advised clients on transactions and due diligence investigations in respect of projects in South Africa and other parts of Africa. About Matthew Bowen Partner - Jackson McDonald Matthew is a commercial lawyer practicing in energy law, infrastructure access, competition and trade practices law and statutory drafting and interpretation. He advises clients in a range of industries on commercial agreements, energy contracting and statutory compliance. He has helped negotiate and implement large scale and long term contracts, including project implementation under State Agreements and State Development Agreements. Acting for the State government, Matthew has drafted and helped develop statutory and regulatory regimes, including several licensing and third party access regimes in gas and electricity. He is experienced in both government and industry liaison. Matthew’s infrastructure access experience includes advising private and public sector clients regarding third party access to gas pipelines, electricity networks, rail, mining and resource development infrastructure, telecommunication facilities, railways, harbours and water pipelines, and regarding competition law and policy generally. He has advised both asset owners and access seekers. Matthew also advises clients on trade practices matters including misuse of market power, exclusive dealing, price fixing and anti-competitive arrangements. About Joe Wyder Principal Policy Analyst, Energy Industry Development Energy Policy WA Department of Mines, Industry Regulation and Safety 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.
- Junior and mid-tier resource companies on the ASX
Here's another insight from Samso on Mining HQ Podcasts Ep.24 Noel looks at junior and mid-tier resource companies on the ASX that we may consider including into our superannuation fund. It's always a good time to start thinking about our eventual retirement, and what we can do now to see our nest egg hatch fruitfully. Noel speaks to Chris Le Messurier in today's episode about what people could be doing with their hard-earned dollars from the resource point of view. Noel gives some suggestions about a good space for conservative investors as well, so it's a good place to start your own research. Mid Tier Gold - Northern Star Resources Limited (NST) - Calidus Resources Limited (CAI) Lithium - Pilbara Minerals Limited (PLS) Copper - OZ Minerals (OZL) - Cyprium Minerals Limited (CYM) / Austral Resources Australia Limited (AR1) Nickel - Mincor Resources Limited (MCR) Uranium - Boss Energy Limited ( BOE) - Peninsular Energy Limited (PEN) Junior End Gold - Miramar Resources Limited (M2R) / Aurumin Resources Limited (AUN) Lithium - Red Dirt Metals (RDT) Copper - Rex Minerals Limited (RXM) Nickel - Adavale Resources Limited (ADD) Uranium - Bannerman Energy Limited (BMN) REE - Lanthanein Resoruces Limited (LNR) 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
- Tempest Minerals Limited (ASX: TEM) Acquires Producing Asset - Tolukuma and Mt Penck Projects.
Rooster Talk Episode 64 is with Don Smith, Managing Director, Tempest Minerals Limited (ASX:TEM) and Iain Macpherson, CEO of Lole Mining Limited. Tempest Minerals is now moving into a production space with what looks like a project that I am vaguely familiar with. I came across this project almost 10 years ago during my travels in this industry. It was in private hands at that time, and it definitely had the credentials to perk my interest. The transaction is still far from being complete as there are still several steps to go. Assuming all goes well, the inclusion of Tolukuma will add significant value for shareholders as Tempest moves to become a producer. I don't think that the company is making any proclamations that this will be an easy path. In this episode of Rooster Talk, Don Smith and Iain Macpherson share with us the motivation of Tempest to take on the Tolukuma mine which was historically mined for gold and silver. Iain Macpherson, who is the CEO of Lole Mining Limited has experience in Africa and he accepts the challenging times ahead. Papua New Guinea is not a place for the faint-hearted but it is also a place for that elusive pot of gold if you get all your ducks in a row. The focus now for Tempest is to get the transaction completed and then work on the non-JORC resource in the mine. According to Iain, the establishment of these resources could see the mine back in action and pouring gold within 12 months. Chapters 00:00 Start 00:20 Introduction 01:02 Don updates us on the acquisition story. 01:37 Iain updates on the PNG projects. 03:04 Comparing Tolukuma and other PNG projects. 04:45 Is Tolukuma the main Non-Highland style of mineralisation? 06:46 What are the risks of PNG? 08:10 All about the Non-JORC resource. 10:08 Tolukuma Structures and the Penck projects. 10:29 Tolukuma Mine. 11:17 Mt Penck Projects. 12:35 How do investors look at Tempest Minerals now? 13:51 What are the next steps after the acquisition? 14:32 Iain explains what this means for Tempest. 15:27 When could cashflow happen? 16:33 What is happening at Yalgoo? 17:08 Newsflow. 17:52 Last words. 18:41 Conclusions About Don Smith Managing Director Don is a geologist and entrepreneur with over 20 years in the mining industry. He has worked in operational, development, exploration and consultant roles for junior through to multinational firms spanning over 10 countries and numerous commodities including base and precious metals and energy minerals. Don’s corporate experience includes project acquisition, financing and development and company management. Don has been the founding director of a number of private and public resource companies including the successful listings on the ASX of Platypus Resources and Alderan Resources. He is currently involved with several start-ups and consults to the industry. Don has a Bachelor of Science from Newcastle University and a Master of Business Administration from the Australian Institute of Business. Don is also a member of the Australasian Institute of Mining and Metallurgy and a member of the Australian Institute of Geoscientists. About Tempest Minerals Ltd (ASX:TEM) The Company listed via initial public offering (IPO) in 2017 under the name Lithium Consolidated Mineral Exploration Limited (Li3) with the goal of feeding the rapidly growing battery mineral industry. Li3 went on to acquire multiple lithium projects on 3 continents and had a string of successful exploration and divestment transactions. In 2019, faced with a challenging lithium market, the board decided to expand the strategic focus of the company into a more diversified direction and began looking at other commodities such as copper. At the end of 2019, Li3 acquired private exploration company Warrigal Mining and have subsequently continued developing an exciting portfolio of precious and base metals projects in Western Australia to complement the existing energy metal projects. In August 2020, shareholders elected to rebrand the company to Tempest Minerals Ltd to better reflect the evolved business and its more diverse commodity focus. About Lole Mining Ltd Lole Mining Limited is an unlisted public Papua New Guinea company registered in Australia with a number of emerging mineral exploration and development opportunities. Lole has rights to three significant gold (+ silver and copper) projects in PNG. These comprise: the historically operated Tolukuma Mine with existing resources and short-term production potential; The Tolukuma Exploration Project comprising a number of exploration licences across the broader Tolukuma mineralized structure covering some 2,000 km2; and the Mt Penck gold/copper project, with substantial historic exploration. About Iain Macpherson Iain has +30 years’ experience in senior management and executive roles in junior and major companies with a track record of developing, operating and financing mining projects on multiple stock exchanges. 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
- A Discussion on Mining and Politics: Implications from State, Federal and International.
Samso Insight Episode 97: This episode is a general discussion on how politics and mining are interbedded in conversations. One of the most important factors about investing in the mineral resource sector is understanding what the macro instruments are doing and how they will affect your investments. For example, Tony Goode, Founder of Tonash Global gave us a good (long) discussion of what will ultimately be the cost that the industry will take on with the onset of policies that will create bureaucracy hurdles which ultimately mean more cost and headaches to the industry. This episode is a good change of pace from our technical discussions. This is a discussion which will invariably create more questions than answers. This is the very reason I invited Tony to come and share his thoughts. As we all know, when investing in any sector or industry, we have to look at all aspects that will affect the earning and capital appreciation of the product. This episode gives viewers a good understanding of what those factors may be in reality. Chapters 00:00 Start 00:20 Introduction 01:12 All about Tony Goode. 03:08 The factors affecting mining investments. 10:03 The cost of ESG. 22:30 How can investors digest the need to go the way of clean energy? 26:19 How much influence do politicians have on investments when they speak? 28:49 Can Australia play the Nationalism card to protect our critical metals? 32:15 The changing geopolitical boundary could be positive for the mining industry. 33:48 Last words from Tony Goode. 36:21 Conclusion PODCAST Discover more on our Exploration Discovery series. About Tony Goode Tonash Global founder Tony Goode is an experienced consultant and management generalist with expertise in a number of sectors; most notably mining, technology and agriculture. Tony has worked closely with small to large companies and has collaborated productively with all tiers of government. Tonash Global is about adding value to existing businesses and is especially effective at helping to establish new enterprises. His extensive experience over 30 years has included working initially in the public sector before pursuing opportunities in private enterprise at the corporate level through to working in and with small to medium businesses. He has managed farm machinery companies and a telecommunications company, and he has owned a rural supplies business and supermarket. In more recent times Tony has been a managing director of a company bringing new mining technology into the market, he has assisted in putting together a gold mining and iron ore venture and he has undertaken a number of property developments. Tony has a particular enthusiasm for emerging start-ups in niche areas of the resources sector and his company focuses on the provision of advisory services and investing in and acquiring interests and assets in mining projects, especially those in the critical battery minerals space. Tony is now also working with Samso Media as an interviewer, commentator and content provider, covering a wide range of matters such as mining, geo political issues, economics and various other topics. In terms of community involvement, Tony has been involved in the Liberal Party since the 1990’s and has held numerous positions such as Branch and Division President, as well as State Councillor and has written policy papers and contributed policy motions to the Liberal Party State Conference. Additionally, Tony has been active in various other community roles including serving as a Shire Councillor, acting as a Board Member of Regional Development Australia and as Chairman of the Warren Blackwood Small Business Development Centre. Tony has been, over many years, a passionate advocate of regional development. 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.
- How an IPO works
Listen to Samso on Mining HQ Podcasts Ep.23 Noel explains the process of how an IPO works for a start-up mining company to eventually listing on the ASX. We are seeing a busy period for IPOs (Initial Public Offering). Noel talks about what makes a good IPO, and the factors involved. He also shares about how important pre-IPO investors are. It has been two very busy years for IPO. Noel thinks there has been nearly 100 IPOs in 2021 and we are now at 62 (September 2022). Noel personally has been involved with two, one currently and several indirectly. It is never a simple process and always hard work. Factors to discuss Good projects Market Sentiment Commodity Strong conceptual Exploration strategy Not over priced projects Cornerstone investor You need an investor group or an investor who believes you. The strength of the IPO usually comes out of this group of investors. The strength of the company post listing comes out of this group of investors as well. Supportive Pre IPO Investors A pre-IPO group of investors that support the story of the company is the next critical step. Good story telling process The concept or the story of the IPO is something that is going to drive the reasons for all investors. The story will be a combination of the project, as in how good it is etc and backing the management. They are proven players, they have the incentive, they have the skill to do it. Market sentiment helps. This will be obvious factor. Although Noel does find that there is support for IPOs that look at upcoming trends. Market sentiment or flavour helps immensely. Noel is currently involved in an IPO, getting their prospectus live, with projects in South Australia and WA, and they are looking at a mineral system in South Australia that is unknown and could be very big. Exciting times are ahead. 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
- Miramar Resources Limited (ASX: M2R) Discovery at Gidji, Glandore and Whaleshark.
Rooster Talk Episode 63 with Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R) is an update on Gidji, Glandore and Whaleshark. Every episode I do with Allan Kelly is full of information. This episode is no different. It is insightful and clearly lays out why Miramar Resources Limited has an enormous potential. The timing of this discussion cannot be more perfect. In the last conversation with Allan, we spoke about why Gidji must be considered as a new mining camp. Imagine being only 5 minutes drive from the town of Kalgoorlie. To top that off, it is bounded to the surroundings by Kundana, Mount Pleasant-Paddington, Kanowna Belle, Bardoc Shear to the north and the super pit to the south (Figure 1). Figure 1: Regional Map of the Miramar Eastern Goldfields projects. (Source: Miramar Resources Limited) Allan is not professing that he has a million ounce project in Gidji. However, what he can say is that the potential for Gidji is growing, going by the drilling program. When you look at the geological data, one has to agree with Allan's interpretation. As a geologist, what I can sense is a growing level of frustration of no assays. For an exploration company, the most frustrating part is lack of money and a lack of drilling success. In the case of Miramar Resources, it appears that the funding part has been ticked. The exploration success is abundant but the lack of assays is at critical level. I can see that Allan is almost drilling blind but fortunately for Miramar, the previous consistent success may be the light to follow. This is the critical conversation in today´s episode. Take time to listen to how Allan breaks down the projects, and what they are doing at Gidji. The Gidji potential story mirrors what Kalgoorlie was before gold was discovered. The focus may have been on Gidji but the discussion then moves onto Glandore and Whaleshark. The conversation is almost fifty minutes and packed with noteworthy insights. I encourage viewers to make a nice brew and take some notes. Chapters 00:00 Start 00:20 Introduction 01:16 Allan updates. 02:22 Good results in bedrock geology. 04:27 What are the challenges from the bedrock geology? 07:09 How close is M2R vectoring to the primary source? 09:55 Raglan talks about Dolerites. 10:37 Where could the lagging results sit in the scheme of your project? 11:07 Consistent mineralisation results at the supergene level. 11:24 An important Ingredient is Competency Contrast in Geology - A Lesson. 12:32 Discussion on Blackfriars prospect. 13:17 Discussion on Highway prospect. 14:13 Blackfriars may be the better prospect. 15:01 Blackfriars and Highway are awaiting assays. 15:54 How is the lack ofcompete assays affecting the geological models? 17:18 Discussion on the Boorara North prospect. 19:09 Discussion on Lake prospect. 19:55 Discussion on Gidji Dam. 20:51 How much understanding does M2R have on the geology and structure? 23:51 The amazing thought that Gidji is unexplored. 25:50 The positives of Gidji. 27:06 Could 8th Mile be a "Red Herring" ? 29:41 Nickel Prospectivity. 32:25 The other Miramar projects. 32:52 Discussion on the Glandore project. 36:07 Discussion on Whaleshark project. 37:26 The model for Whaleshark - Ernest Henry. 38:46 How should investors look at M2R now? 39:23 The target for Gidji. 39:59 The target for Glandore. 41:08 The target for Whaleshark. 41:44 Miramar is undervalued. 43:09 Gidji as a blank canvas. 45:04 Conclusions. PODCAST About Allan Kelly Executive Chairman Mr. Kelly is a geologist and manager with over 25 years’ experience in mineral exploration, development and production throughout Australia and the Americas. Mr. Kelly graduated in 1994 with a Bachelor of Science (with honours) in Applied Geology from Curtin University. He has been involved in targeting early-stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada and has previously held senior exploration positions within Western Mining Corporation and Avoca Resources Limited. He has also served as an Executive Director of Riversgold Ltd and a non-executive director of Alloy Resources Ltd. In 2009, Mr. Kelly founded Doray Minerals Limited, which listed on the ASX in early 2010. Under Mr. Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years, and subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold Limited in 2014. In 2014, Mr. Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Mr. Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits. Mr. Kelly is a Fellow and Former Councillor of the Association of Applied Geochemistry (AAG), a Member of the Australian Institute of Geoscientists (AIG) and a Member of the Institute of Brewing and Distilling (IBD). About Miramar Resources Limited (ASX:M2R) Miramar Resources Limited is a Western Australian focused mineral exploration company with projects in the Eastern Goldfields, the Murchison and Gascoyne regions. The portfolio of exploration projects has high potential for new gold discoveries within trucking distance of existing operations and for the discovery of nickel-copper-platinum group element (PGE) mineralisation. Miramar aims to create shareholder value through discovery and the Board has a proven track record of successful discovery, development and production. 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-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
- Sustainable Mining and the Impact to the Environment
Samso on Mining HQ Podcasts Ep.22 - start 00:26 The whole meaning of sustainable mining is kind of contradictory as what we take out of the ground is not going to be generated and all mining has an environmental impact. We all know that the statement I have just made is merely a statement of the obvious. As a mining community, it has always been about having the least amount of footprint and the least amount of environmental impact. The concept of lowering environmental impact has been around for decades. This is not a new phenomenon and listeners should take note that proponents of the mining industry are always looking for ways to mine in a compliant manner. It is now good for business to be known as a master of green mining. In my opinion, the measure of being sustainable and being environmentally compliant is the hard path. As I described earlier, it is difficult to get all those ducks in a row and keep them in that row. Go to 00:26 Or go to 00:26 - https://open.spotify.com/episode/7j27xIsXWVLDvpAgWtC8BJ 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
- Tempest Minerals Limited (ASX:TEM) - New Findings for Meleya.
Coffee with Samso 149 is with Don Smith, Managing Director of Tempest Minerals Limited (ASX:TEM) and it is all about the new findings for the Meleya project. Mineral Exploration is all about patience. Tempest has a very interesting project in Meleya. In my opinion, the discovery is a proof of concept. The geology looks fertile, the structure is observed in the core and the geology is consistent with mineralisation. What I like about the whole concept is that the desktop observation now has two drill holes. The assays may not have been mind boggling but when has mineral exploration been one that hits the mark on the very first go? Investors need to remember that this is a grassroots project. This is why they got the funding from the government. I feel the injustice is that the market in all its buoyancy has created expectations that are hard to meet. The market is looking for big numbers but what the market has missed is that the geology has shown that their interpretation was spot on. What the market sees as a negative is, in fact, a big positive. This is the classic case of missing the King in the peasant clothing and admiring the nobleman in the golden robe. As an exploration geologist, our goals are never aligned with the aspirations of the share price. When I saw the core in the core shed, what I saw was alteration and lots of geology that could host mineralisation. In this episode of Coffee with Samso, we hear the frustration of a Managing Director and that of a geologist. That is also coupled with the optimism that they have now proven their concept and that the mineralising fluids do exist. Chapters: 00:00 Start 00:20 Introduction 00:50 Don updates. 01:31 Mineral Exploration is a long game. 02:02 Visual Estimate mandate. 02:22 The Meleya Story - Lessons learnt. 04:10 Molybdenum and the potential of Meleya. 06:26 What is Tempest thinking about now? 08:30 Have the current lessons helped the regional exploration strategy? 09:21 How can investors consume current exploration strategy? 11:19 Exploration is about search and discovery. 11:44 Other projects. 13:02 How has the market been treating Tempest? 14:12 Placement was done with good timing. 14:27 News Flow. 14:56 Exploration is status quo. Why TEM? 16:06 Last words from Don. 16:19 Conclusion About Don Smith Managing Director Don is a geologist and entrepreneur with over 20 years in the mining industry. He has worked in operational, development, exploration and consultant roles for junior through to multinational firms spanning over 10 countries and numerous commodities including base and precious metals and energy minerals. Don’s corporate experience includes project acquisition, financing and development and company management. Don has been the founding director of a number of private and public resource companies including the successful listings on the ASX of Platypus Resources and Alderan Resources. He is currently involved with several start-ups and consults to the industry. Don has a Bachelor of Science from Newcastle University and a Master of Business Administration from the Australian Institute of Business. Don is also a member of the Australasian Institute of Mining and Metallurgy and a member of the Australian Institute of Geoscientists. About Tempest Minerals Ltd (ASX:TEM) The Company listed via initial public offering (IPO) in 2017 under the name Lithium Consolidated Mineral Exploration Limited (Li3) with the goal of feeding the rapidly growing battery mineral industry. Li3 went on to acquire multiple lithium projects on 3 continents and had a string of successful exploration and divestment transactions. In 2019, faced with a challenging lithium market, the board decided to expand the strategic focus of the company into a more diversified direction and began looking at other commodities such as copper. At the end of 2019, Li3 acquired private exploration company Warrigal Mining and have subsequently continued developing an exciting portfolio of precious and base metals projects in Western Australia to complement the existing energy metal projects. In August 2020, shareholders elected to rebrand the company to Tempest Minerals Ltd to better reflect the evolved business and its more diverse commodity focus. 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
- Red Dirt Metals Limited (ASX:RDT) - Mt Ida - A Lithium and Gold Mine.
Rooster Talk Episode 61 is with Matthew Boyes, Managing Director of Red Dirt Metals Limited (ASX: RDT). The Mt Ida project is fast becoming a double bonus for Red Dirt Metals as exploration is unveiling the gold credits. When we were first introduced to the Mt. Ida project (Red Dirt Metals Limited (ASX:RDT) - A Lithium Gem within a Gold Mine.) in April 2022, we were just trying to understand the lithium potential. As the market was having a lithium boom, it would be foolish not to discuss what the flavour of the last two years has been. As we were talking through that Coffee with Samso with Matt Boyes, I was really interested in the gold potential. The Mt Ida story is very similar to what occurred at Mt. Holland a few years ago. For those that have not heard the story, Mt Holland was all about the discovery of a lithium bonanza because of a phone call. Mt. Holland was a legitimate gold mining project but was later discovered to be an even greater lithium project. When you hear Matt talk about the lithium prospectivity in Mt. Ida, you can hear the frustration of not being able to rush into the gold project. The potential is yet to be finalised. In saying that, you can also feel the frustration of not being able to unwrap the potential of the lithium prospectivity. The fact that there is still a large package of landholding that the company has not explored is definitely high on the list of things to do. Matt is certain that there will be a resource coming out for the lithium and in time, there will be a gold resource to be released as well. When that will be is the million dollar question. Check out this video - this is definitely a good story to follow. Chapters: 00:00 Start. 00:20 Introduction. 01:07 Matthew updates. 02:38 Relationship between Gold and Lithium. 03:56 Mineralisation of Lithium and Gold. 06:41 Announcement key points for investors. 08:18 Understanding the geology from the announcement. 10:35 Future plans for the project. 11:59 Lithium market discussion. 15:24 Updates on covering the entire tenement package. 16:57 Potential focus on Gold. 19:49 Exploration potential. 21:32 Matthew summarises the news flow. 22:54 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 Matthew Boyes Managing Director Mr Boyes is a qualified Geologist and Fellow of the Australasian Institute of Mining and Metallurgy with 25 years industry experience and a strong background in minerals resources, project development, construction and operations management. Mr Boyes has recently served as COO for AIM listed Patagonia Gold successfully overseeing the development and construction of two standalone Gold-Silver heap leach projects in southern Argentina. Mr Boyes has significant experience in product evaluations and financing with a focus on the junior market sector. About Red Dirt Metals Limited (ASX: RDT) Red Dirt is focused on the development and evaluation of underexplored brownfields exploration assets in Western Australia. Mt Ida Gold Pty Ltd is the holding company of the Mt Ida Gold Project, comprising 19 tenements in the historical Mt Ida gold mining district, located approximately 100km north-west of Menzies in the WA goldfields. The project tenements cover an area of 155km2 and include the historic Timoni Gold Mine and others, which have produced greater than 300,000 oz gold at 17.2 g/t head grade. Highlights: Acquired from Ora Banda Mining in September 2021 for $11M cash A current gold resource of 318,000 t @13.8g/t gold for 141koz calculated under the JORC 2004 guidelines Evidence of occurrences of Lithium-bearing pegmatites with Tantalum Exploration activities to commence immediately October 2021 The Mt Ida project has total resources of 318,000 t @13.8g/t of gold for 141koz, Indicated resources total 136,000t @ 18.6 g/t gold for 81koz with 182,000t @ 10.3 g/t gold for 60koz in Inferred category. All resource currently stated at Mt Ida are calculated under the JORC 2004 guidelines with no material change to the existing resources since estimation. Lithium Review: Whilst undertaking the technical due diligence of the Mt Ida Project, it was noted that multiple high-grade lithium intervals had been intersected within pegmatite bodies on the western contact of the main Mt Ida granite intrusive, known as the Copperfield Granite. Initial investigations from available data shows pegmatite outcropping in 5 separate locations proximal to the main granitic intrusive, and along the contact with the western bounding mafic amphibolite units which host the high-grade Mt Ida gold copper lodes. A preliminary target corridor has been interpreted and extends for up to 5 km in strike from the most southern-identified outcrop parallel to the granite and north into the Company’s adjacent exploration tenement, with potential to extend further in both directions. Of significance is that no historic exploration has been carried out with the intention of targeting these Lithium bearing pegmatite intrusives. This opens up large areas on both the eastern and western limbs of the granitic intrusive contacts for future exploration and will complement the Company’s aggressive gold/copper exploration program at the Mt Ida 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. 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.
- Great Boulder Resources Limited (ASX: GBR) - Discovery of a New Mineralised System - Ironbark
Rooster Talk Episode 59 is with Andrew Paterson, Managing Director of Great Boulder Resources Limited (ASX: GBR) This is an update on the Side Well Project which is about the recent drilling results with the discovery of new mineralisation at Ironbark. Great Boulder Resources appear to have a mineralised province with Side Well as the system that is producing metals in Ironbark, which is distinctly different to what is happening at Mulga Bill. Andrew shares with us why this appears to be the case. Ironbark is 1.4km to the east of Mulga Bill. The drilling results may be showing that there is a series of potential pods of mineralisation which will help the overall picture of potential for Side Well. An intercept of 20m @ 3.05 g/t of gold should not be ignored. In any project, this is a clear indication of mineralisation that is not isolated. In my opinion, the discovery of these kinds of drill intercepts may be an early indication of a level of gold endowment which would excite any company. The excitement stems from the fact that it is within a province that has already shown continuous mineralisation at Mulga Bill. If you are isolated without Mulga Bill, it would make sense to question the potential. However, if you are in a decent system, you would expect numerous deposits nearby. What is interesting with the results coming out from the announcements is that there is a clear horizon where the gold is being identified. It is still early to make a decision of the future potential, but it is looking promising. The presence of copper at Mulga Bill and the lack of copper (currently) at Ironbark is determining the perception of difference at Side Well. It is this that should be noted for audiences. Chapters: 00:00 Start 00:20 Introduction 00:55 Andrew updates on Great Boulder Resources Limited. 01:24 Is Ironbark similar to Mulga Bill? 02:50 Will the Ironbark mineralisation be a similar system to Mulga Bill? 03:24 Geologically, can multi systems exist in a similar area? 05:44 Is multi system a good thing for Side Well? 07:00 Is the copper in Mulga Bill significant? 08:40 Is Great Boulder Resources feeling like Side Well will be a Mine? 10:28 Will Mulga Bill be a series of pits along strike? 11:29 Is the copper a good or a bad thing for the project? 13:32 Mineralisation seems to happen in the same horizon. 14:31 Is IP the holy grail for Great Boulder? 16:27 Is geophysics being used more today than 20 years ago? 17:34 News flow for Great Boulder Resources Limited. 19:45 What does Andrew think of the current market sentiment? 22:37 Why this is a good time to look at good companies. 23:24 Andrew's last words. 23:46 Conclusions PODCAST About Andrew Paterson Andrew is a geologist with over 25 years’ experience in mining and exploration in Australia and PNG. After graduating from WASM in 1993, he spent several years in surface and underground gold and nickel mining operations around the WA Goldfields before moving into a management role with Harmony Gold. Since then, Andrew has managed diverse programs exploring for gold, nickel, iron ore and lithium for companies including Atlas Iron and Focus Minerals. In 2016 Andrew was part of the management team that recapitalised Kingston Resources, leading to Kingston’s successful acquisition of the 2.8Moz Misima Gold Project in PNG. About Great Boulder Resources Limited (ASX: GBR) Great Boulder is a mineral exploration company looking for gold and base metals in Western Australia. With over 1,000km2 of tenements spread across its key projects at Kalgoorlie, Meekatharra and Yamarna the Company is leveraged for exploration success. Having made two large-scale copper-nickel sulphide discoveries at Yamarna within two years of listing, GBR has a track record of exploration success backed by a strong technical team. Early-stage exploration success on the gold projects in recent months have now set the Company up for an exciting year ahead. 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 Also featured on Brilliant-Online
- Drilling into details and a genuine interest in Cooper Metals Limited (ASX:CPM)
Client Testimonial from Ian Warland, Managing Director of Cooper Metals Limited (ASX:CPM) Ian Warland shares his experience of his coffee chats with Samso, and the value is in the details and Noel's genuine interest in the development of the company, even after the recording has finished. Ian Warland: "Noel is an experienced geologist, so his questions are relevant and his comments are insightful and from an informed standpoint. The experience of doing a Coffee with Samso was casual and open, so Samso is able to drill down on details of the project and the people involved, therefore giving the audience a broader insight into the Company and Projects. I also had some good comments back from investors that enjoyed the videos. The concept of Coffee with Samso was unique and interesting. Also, I was impressed with the time Noel gave after the interview to talk about a range of information including how to best engage your market audience. And yes, I would recommend my associates to have a coffee conversation with Noel." About Ian Warland Managing Director A highly experienced and successful geologist with 25 years’ experience in Australia and internationally over a wide range of commodities. Notably, a career highlight was being joint recipient for “Explorer of the Year” in 2006 for the discovery of the Jacinth and Ambrosia zircon-rich mineral sand deposits. Ian holds a Bachelor of Applied Science Geology with First Class Honours and university medal from the University of Technology Sydney. He also has a Graduate Diploma of Applied Finance and Investment and an Associate Diploma in Environmental Control. In the last ten years Ian has worked primarily in the junior exploration sector as a geological consultant and in senior management positions for Musgrave Minerals and Marmota. After leading Twenty Seven Co Ltd as their CEO for the last three years, Ian is now Managing Director of Cooper Metals. About Cooper Metals Limited Cooper Metal’s flagship Mt Isa East Cu-Au Project covers over 1300 sq km of tenure with numerous historical Cu-Au workings and prospects already identified for immediate follow up exploration. The Mt Isa Inlier is highly prospective for iron oxide copper gold (IOCG) and shear hosted Cu +/- Au deposits. Mt Isa East is complemented by two early stage Projects in WA within proven well mineralised districts. The Yamarna Gold Project located along strike from Gold Roads 6.16 Moz world class Gruyere Gold Deposit (ASX: GOR) has an extensive length of untested Dorothy Hills Shear Zone that was important in the formation of Gruyere < 10 km to the southeast. Lastly the Gooroo Cu and Au Project covers newly identified greenstone belt ~20 km from Silver Lakes Deflector mine. The 26 km expanse of covered greenstone belt has had almost no exploration and was only added to government geology maps in 2020 after reinterpretation of geophysical data. 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
- Samso's long-form format helps Critical Resources Limited (ASX:CRR) go in depth
Client Testimonial from Alex Biggs, Managing Director of Critical Resources Limited (ASX:CRR) For Alex Biggs, having the time to ease into an in-depth conversation on Coffee with Samso allows shareholders to gain a proper understanding of the company. Alex Biggs: "I decided to do Coffee with Samso because Noel's technical background provides relevant questions that really allow viewers to get a technical behind-the-scenes view of the company and projects in a long-form format. It was a very enjoyable, relaxing environment, and that means there is time to discuss the company and projects in depth. It also allowed us to clearly tell the company's narrative and strategy in depth. I feel that it allowed our shareholders and potential shareholders to gain a real understanding of the business and get to know me a bit more as well. I think the Coffee with Samso concept is very relevant because social media and media content is getting shorter so a long-form format is the exception, that's why it stands out. Coffee with Samso is something I would 100% recommend to my associates." About Alex Biggs Managing Director Alex Biggs is a qualified Mining Engineer, educated at the Western Australian School of Mines. He has experience in operations, consulting and finance with a focus on feasibility studies, financial modelling, project evaluation and project management. He also has experience in capital raising, both equity and debt as well as deal structuring and significant commercial expertise. Alex has a strong focus on underground and open-pit hard rock mining in multiple commodities. He has held various positions at companies including Venturex Resources, Palisade Capital Corporation, Barrick Gold as well as Principal positions in consultancy and advisory capacities. Alex joins Critical Resources as Chief Executive Officer to further the company’s assets and build a strong, sustainable future for the company and its shareholders. About Critical Resources Limited (ASX: CRR) Critical Resources Limited is a base metals exploration and development focused company headquartered in Perth, Western Australia and is listed on the Australian Securities Exchange (ASX: CRR). The Company has the Halls Peak Base Metal Project in NSW and has recently acquired the Mavis Lake Lithium Project in Canada. Mavis Lake Lithium Project The Mavis Lake Lithium Project is 19 kilometres east of the town of Dryden, Ontario. The Project is in close vicinity to the Trans-Canada highway and railway major transportation arteries linking larger cities such as Thunder Bay, Ontario, to the southeast and Winnipeg, Manitoba, to the west. The region boasts excellent infrastructure with hydro-power located a few kilometres to the southwest of the project. The region is a well-established lithium province with multiple projects located within the vicinity. Previous drill programs have yielded high-grade Li2O intercepts including 55.25m at 1.04% Li2O from 80.75m in drill hole MF18-531,4 and 26.30m at 1.70% Li2O from 111.9m inc. 7.70m at 2.97% Li2O from 130.5m in drill hole MF17‐491,3 presenting significant exploration potential. Latest ASX Announcements - Lithium Project Acquisition ESS: Sale of Mavis Lake Lithium JV Interest Canadian High Grade Lithium Asset Binding Terms Sheet Signed Airborne Survey to Start Immediately at Mavis Lake Lithium 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












