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- Mineral Exploration Investment Secrets
Coffee with Samso Episode 45 with Terry Streeter, Non-Executive Chairman of Moho Resources Ltd (ASX: MOH) Share price movements in the 500% to 1000% range! The Australian Stock Exchange (ASX) has had a very busy 6 months, especially in the mineral exploration industry. There are many stories of share price movements that are in 500% to 1000% range. In fact, it is no longer news to hear of such gains. It is this very reason that I have been telling readers and viewers to be cautious and to seek an understanding of fundamentals rather than the corporate factors of who is in which stock. Wise words from the Nickel Man Terry Streeter is a man with many decades of experience in the industry and many know him for his involvement in Jubilee Mines and Western Areas, which are nickel discoveries. His involvement in these two stories has given him all the notoriety as the nickel man. There are many winners and losers in every story, but I love the perseverance of men like Mr. Streeter. Terry shares with us why you should stick to the fundamentals and the story. Look for good management teams and good strong stories that will give you the confidence to believe. Don't worry about the negative news. Don't let a few bad drilling programs or a downturn in commodity pricing deter you from believing the story. It was indeed a great opportunity to listen to someone who has seen the market from his first investment in the late 1960s until today. At this time, he still believes that it takes time for the projects to mature and there is nothing real about an instant discovery in the mineral exploration industry. 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. PODCAST About Terry Streeter Extensive experience in funding, listing and overseeing junior explorers in all exploration and economic cycles and has served in various roles in the nickel sulphide industry for over 30 years. Previous Director of Jubilee Mines and Non-Executive Director of Western Areas & Fox Resources and additional mining interests. About Moho Resources Limited Moho Resources Limited (ASX: MOH) is a gold exploration company with projects in Western Australia and Queensland, Australia. They have three projects, Empress Springs in Queensland, Burracopin and Silver Swan North in Western Australia. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share this Coffee With Samso If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact Samso. About Samso
- The Next Gold Miner in the Pilbara Goldfields - Calidus Resources Limited (ASX: CAI)
Coffee with Samso Episode 43 with David Reeves, Managing Director of Calidus Resources Limited (ASX: CAI) 2020 is the best year ever for mineral resource companies The year 2020 is turning out to be the best year for mineral resource companies, especially here on the Australian Stock Exchange (ASX). Everything is running and to those uninitiated in this cut-throat sector, I strongly recommend a strong dose of DYOR (do your own research). I have seen many projects in my geological life and it is these times that companies that have strong fundamentals need to be noticed. Why CAI is undervalued Calidus Resources Limited (ASX: CAI) in my opinion deserves some attention. I have liked this story as they have been on the edge of making that leap into production for a while now. The recent gold price movement upwards has given the company all the positive reasons to take the leap of faith and move into the production cycle. In this episode of Coffee with Samso, David Reeves shares with us the progress on the Warrawoona Gold Project. We talked about why CAI is undervalued and the re-rating of the stock value in the coming months. The inevitable first gold pour will stamp this company as a fundamental story for eager investors. We welcome comments Please let us know your thoughts and send us any comment to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. PODCAST About Calidus Resources Limited (ASX: CAI) Calidus Resources Limited is an ASX listed gold exploration and development company which controls the 1.25 million ounce Warrawoona Gold Project located in the East Pilbara district of the Pilbara Goldfield in Western Australia. The Directors believe that the recent consolidation of this goldfield will transform the Company into a new Australian gold development company with significant potential to unlock further resources and new discoveries within the emerging gold belt of the Pilbara Goldfields district, which is a historically proven gold mining region. About David Reeves David Reeves is a Perth-based, qualified mining engineer with 30 years of experience in the mining industry, he is currently a director of Keras Resources Plc (AIM). Mr. Reeves has extensive experience in international capital markets through his involvement with various listed London and Australian companies. Mr. Reeves has a first-class WA Mine Managers ticket and a Graduate Diploma in Finance and Investment. He was managing director of Keras Resources Plc when Keras consolidated the Calidus project area and has over 20 years of experience in gold and precious metal 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 this Coffee With Samso If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact Samso. About Samso
- The Arrival of a Tier 1 Copper-Gold Project in Chile - Hot Chili Limited (ASX: HCH)
Coffee with Samso Episode 46 with Christian Easterday, Managing Director of Hot Chili Limited (ASX: HCH) Why the market did not like the latest Mineral Resource Estimate (MRE) The anxious wait for shareholders of Hot Chili Limited (ASX:HCH) for the latest Mineral Resource Estimate (MRE) on the Cortadera Copper-Gold Project is over. What resulted was an anticlimax and the much-praised rising of the share price did not eventuate. The MRE was actually pretty good, however, the retail market just did not like it. I speak to Christian Easterday about the lack of interest in the share price and what the numbers mean for the future of the company. As a shareholder of the company, I must admit that there was a sense of disappointment but I cannot see how this company can stay at a market capitalisation so far from what it has in asset value. This episode of Coffee with Samso delves into all these questions. At the conclusion of the conversation, I cannot help but think that this company has so much more value than what the market is valuing it at the moment. Christian shares with us what is happening in the background and the potential corporate activities that may happen in the coming months. Watch the interview: Coffee with Samso Episode 46 PODCAST Please let us know your thoughts and send us any comment to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. About Hot Chili Limited (ASX:HCH) Hot Chili is an ASX listed copper explorer and developer with an exciting portfolio of projects at low altitude in Region III on the coastal range of Chile. The Company is developing a central copper hub named Costa Fuego, which combines all three of its projects (Cortadera, Productora and San Antonio) into what is considered to be one of the most desirable copper development locations in the world. With a combined Mineral Resource base of 2.9Mt copper, 2.7Moz gold, 9.9Moz silver and 64Kt molybdenum, the addition of the maiden Cortadera mineral resource ranks Costa Fuego amongst the largest copper Mineral Resources along the Chilean coastal range. Cortadera Copper Project Cortadera’s maiden Mineral Resource positions Hot Chili with the largest copper Mineral Resource and one of the largest gold Mineral Resources for an ASX-listed emerging company. The Cortadera maiden Mineral Resource of 451Mt at 0.46% copper equivalent (CuEq) takes the total Mineral Resource estimate for Costa Fuego (Cortadera, Productora & El Fuego) to 724Mt at 0.48% CuEq for 2.9Mt copper, 2.7Moz gold, 9.9Moz Silver and 64kt molybdenum. Cortadera also contains a higher grade component of 104Mt at 0.74% CuEq, and this has strong potential to continue growing rapidly with further drilling. For further information on the Cortadera Maiden Resource please click on this link ASX Release- Maiden Resource at Cortadera Hot Chili’s combined Costa Fuego project now ranks as one of the world’s largest low-altitude, clean concentrate (no arsenic), copper-gold Mineral Resources not controlled by a major mining company, in what is considered to be one of the most desirable copper development locations in the world. Importantly, Cortadera lies 14km from the Company’s large-scale Productora copper development and adjacent to the high-grade El Fuego satellite copper projects. In February 2019, Hot Chili announced the execution of a formal Option Agreement to acquire a 100% interest in Cortadera. Since announcing the deal, Hot Chili has delivered six of the world’s best copper-gold porphyry drill results from Cuerpo 3 (the largest of the four porphyries discovered to date), confirming Cortadera as one of the most significant copper-gold discoveries of the past decade in Chile. Productora Copper Project Productora is one of the best located large-scale copper developments globally- (coastal range of Chile, low altitude, infrastructure rich, low capital intensity). Mineral Resources already stand at 1.5Mt copper and 1Moz gold, with an Ore Reserve of 167Mt established which underpins long life, bulk open-pit production, over a 10-year mine life, with first 8 years production averaging 66kt copper and 25koz gold annually. Productora is 100% owned by a Chilean incorporated company Sociedad Minera El Aguila SpA (SMEA). SMEA is a Joint Venture company, 80% owned by Sociedad Minera El Corazón Limitada (a 100% subsidiary of Hot Chili Limited), and 20% owned by CMP Productora (a 100% subsidiary of Compañía Minera del Pacífico S.A (CMP). El Fuego Copper Project To achieve the Company’s expanded growth strategy, Hot Chili has executed agreements to secure majority interest in two of the regions’ highest grade and most substantial underground mines- San Antonio and Valentina, collectively known as El Fuego. El Fuego is located 20km east of Productora, where the Company has completed a first-pass 5,000m drilling programme across two consolidated high grade copper mines (San Antonio and Valentina), which had seen little previous modern exploration owing to their private ownership for over 50 years. The majority of drilling was directed towards San Antonio which had reportedly produced approximately 2M tonnes grading 2% copper and 0.3g/t gold and 17g/t silver from shallow depths since mining commenced in 1964. Selected significant results 9m grading 2.0% copper from 132m down-hole depth, 6m grading 2.1% copper from 65m down-hole depth, 19m grading 2.0% copper from 61m down-hole depth (including 11m grading 2.4% copper), 15m grading 1.7% copper from 80m down-hole depth, 10m grading 1.6% copper from 58m down-hole depth (including 4m grading 2.7% copper), 5m grading 2.5% copper from 31m down-hole depth (including 2m grading 4.3% copper), Successful first-pass drilling at El Fuego has highlighted a shallow copper deposit which will add further scale to Hot Chili’s targeted high-grade resource inventory. About Christian Easterday Mr. Easterday is a geologist with over 20 years of experience in the mineral exploration and mining industry. He holds an honours degree in geology from the University of Western Australia, a masters degree in Mineral Economics from Curtin University of Technology and a masters degree in Business Administration from Curtin’s Graduate School of Business. Mr. Easterday has held several senior positions and exploration management roles with top-tier gold companies including Placer Dome, Hill 50 Gold and Harmony Gold, specialising in structural geology, resource development and mineral economic valuation. For the past eight years, Mr. Easterday has been involved in various aspects of project negotiation. This work has involved negotiations and valuations covering gold, copper, uranium, iron ore, nickel, and tantalum resource projects in Australia and overseas. Mr Easterday is a member of The Australian Institute of Geoscientists. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso
- The First Step in Creating a Green Nickel Mine - Blackstone Minerals Ltd (ASX: BSX)
Coffee with Samso Episode 47 with Scott Williamson, Managing Director of Blackstone Minerals Ltd (ASX: BSX) Blackstone Minerals Limited (ASX: BSX) has just released its scoping study for the Ta Khoa nickel project in Vietnam. The Blackstone story has always been about mining and not discovering. The release of the Scoping Study is all about drawing a line in the sand to put numbers to all the talk over the last twelve months. The release of the study finally puts numbers to the question on investors' thoughts? How much will it cost to build? What will the revenue number be? How big will the mine be? How much bigger can it get? Scott Williamson explains these numbers I speak to Scott Williamson about all these numbers and what they mean to the company and investors. One of the issues with such a document for retail investors is that there are so many numbers. Scott shares with us the steps that the company will take going forward to create a Green Nickel Mine. He tells us that the company is still growing its resource and making discoveries in there other nearby deposits. The company is discovering massive sulfides every drill hole and the geology is unveiling itself to be a Tier-1 district. In his own words, We will find a significant amount of nickel, that is a given. We are now trading at a significant discount to NPV and as we derisk the project, that gap will close. Is this company suffering from the speculator's curse in a bull market? This episode of Coffee with Samso delves into all these questions. At the conclusion of the conversation, I cannot help but think that this company is suffering from the speculator's curse in a bull market. This bull market is swayed by a mass amount of speculators. As the company moves into the production stage, the smart money will be holding and they will be rewarded over time as Ta Khoa becomes a Green Nickel Mine that is completely ESG compliant. PODCAST About Blackstone Minerals Limited Blackstone Minerals Limited (ASX: BSX) is developing the district scale Ta Khoa Project in Northern Vietnam where the company is drilling out the large-scale Ban Phuc Nickel-PGE deposit. The Ta Khoa Nickel-PGE Project has existing modern mine infrastructure built to International Standards including a 450ktpa processing plant and permitted mine facilities. Blackstone also owns a large landholding at the Gold Bridge project within the BC porphyry belt in British Columbia, Canada with large scale drill targets prospective for high-grade gold-cobalt-copper mineralisation. In Australia, Blackstone is exploring for nickel and gold in the Eastern Goldfields and gold in the Pilbara region of Western Australia. Blackstone has a board and management team with a proven track record of mineral discovery and corporate success. The Ta Khoa Nickel-Copper-PGE Project The Ta Khoa Nickel-Copper-PGE Project is located 160 km west of Hanoi in the Son La Province of Vietnam and includes an existing modern nickel mine built to Australian standards, which is currently under care and maintenance. The Ban Phuc nickel mine successfully operated as a mechanised underground nickel mine from 2013 to 2016. The Ta Khoa Nickel-Copper-PGE Project Previous project owners invested more than US$136m in capital and generated US$213m in revenue during a 3.5-year period of falling nickel prices. The project was placed into care and maintenance in mid-2016 during some of the lowest nickel prices in the past 10 years. Existing infrastructure associated with the project includes an internationally-designed 450 ktpa processing plant connected to local hydro grid power with a fully-permitted tailings facility and a modern 250-person camp. Since commencing maiden drilling in August 2019, Blackstone has made significant progress at Ta Khoa, drilling over 9,000 m of diamond core in more than 47 holes into the Ban Phuc DSS deposit and the highly prospective King Cobra discovery zone. An initial scoping study evaluating mining and processing options is well advanced, including potential in-country downstream processing to deliver high-value nickel sulfate into Asia’s rapidly expanding electric vehicle (EV) industry. The recently announced MOU with Asia’s largest and the world’s second-largest EV battery cathode manufacturer, Ecopro BM Co Limited represents a significant step toward making this a reality. About Scott Williamson Managing Director Blackstone Minerals Limited Qualifications: BEng (Mining), BCom, MAusIMM Scott Williamson is an experienced Managing Director with a demonstrated history of working in the mining & metals industry. Skilled in Open Pit & Underground Mining, Corporate Finance, Investor Relations and Project Planning. A strong business development professional with equity capital markets experience graduated from West Australian School of Mines and Curtin University of Technology. Scott holds a WA First Class Mine Manager’s Certificate and is a member of the Australasian Institute of Mining and Metallurgy. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso
- A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS)
Coffee with Samso Episode 49 with Andrew Radonjic, Managing Director of Venture Minerals Ltd (ASX: VMS) is an uncommon story Venture Minerals Limited (ASX: VMS) is a diversified mineral with advanced prospective projects in key mineral commodities. The Venture story is not one that is common, compared to many of its peers on the Australian Stock Exchange (ASX). I followed this company for at least 10 years and they have impressed me with both the quality of the projects and the successes that the management have been able to create over time. Well executed, I thought One of the most important aspects of any mineral explorer is the quality of management and the history of success they have been able to achieve in their time. The other is the quality of projects and it is in this space that Venture Minerals, in my opinion, has executed very well. I spoke to Andrew Radonjic, the Managing Director of Venture Minerals Limited. Andrew shares with us the history and the prospectivity of the projects. What Andrew has that many have not is the history of how exploration was when things were this hot in the market. Andrew shares some insights with us, Exploration is all about perseverance and being able to understand good geology. Open your blinkers and look at things that may not be obvious and do your research and understand the information you are being given. At this point, I must introduce you to Samso's eBook, designed to add value to your share portfolio as it helps you understand Geology Models. Have you seen a Diversified Mineral Explorer with projects this good? This episode of Coffee with Samso delves into all these questions. At the conclusion of the conversation, I cannot help but think that this company is a few drill holes from a major discovery of any of their projects. If you listen carefully, the projects within the Venture Minerals portfolio are highly prospective and are close to value-adding. Each project has its own unique "wow" factor that makes it an attractive exploration target. PODCAST About Andrew Radonjic Managing Director Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAusIMM Mr. Radonjic is a geologist and mineral economist with over 25 years of experience in mining and exploration, with a specific focus on gold and nickel in the Eastern Goldfields of Western Australia. Mr. Radonjic began his career at the Agnew Nickel Mine before spending over 15 years in the Paddington, Mount Pleasant and Lady Bountiful Extended operations north of Kalgoorlie. He has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and the development of over 1 million ounces. About Venture Minerals Limited (ASX:VMS) Venture Minerals is striving to discover and develop world-class mineral deposits. The Company is currently exploring in Western Australia for Copper-Lead-Zinc at the Thor Prospect, Nickel-Cobalt at the Pingaring Project (adjacent and along strike to the Quicksilver Nickel-Cobalt discovery), Nickel-Copper (new target) at the Odin Prospect and Nickel-Copper-Cobalt at the Caesar Project. Recently the maiden drilling program at Thor intersected massive sulfides confirming that the Copper-Lead-Zinc target is a 20 a kilometre VMS style system. Thor is now a top priority target for Venture moving forward. Venture Mineral's initial focus was realising the full economic potential of the Mount Lindsay Tin-Tungsten Deposit in North-West Tasmania. The Company has already defined one of the world's largest undeveloped tin deposits and has completed a Feasibility Study on Mount Lindsay. The emergence of tin as the metal was most impacted by new technology through its use in Electric Vehicles which refocused Venture’s approach to developing this asset and an underground scoping study is currently underway. 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
- Applying Scientific Sampling Methods into Mineral Exploration - CSIRO
Coffee with Samso Episode 48 with Dr. Ryan Noble, Principal Research Scientist with CSIRO who works in the Discovery Program that brings value and applied sciences to industries to discover more resources for Australia Why understanding the weathering profile or regolith is key to mineral exploration? Exploration geologists are often faced with a situation where they are asked to find the Holy Grail with a small budget. In the past, potential deposits are often missed due to a lack of funding or poor targeting techniques. CSIRO has been providing solutions to the mineral exploration industry for many decades. The whole concept of understanding the weathering profile or regolith is the key to many discoveries. In this episode of Coffee with Samso, I speak to Dr. Ryan Noble who is the Principal Research Scientist for CSIRO. He works for the mineral resource business unit. Ryan shares with us the concept of using bore water to vector into potential mineralisation geology. This technique is being used with Moho Resources Limited (ASX: MOH). Ryan is working with Moho Resources on the Emperor Springs Gold Project in Queensland, Australia. PODCAST About Dr. Ryan Noble Ryan is a Principal Research Scientist and the Group Leader of Predictive Mineral Systems Science with CSIRO. He has a BSc and MSc in Soil Science from the University of Tennessee and a PhD in Applied Geology from Curtin University. Following his PhD, Ryan joined CSIRO 15 years ago and has worked on numerous regolith and groundwater geochemistry projects related to gold, base metal, Ni and U mineral exploration. Ryan is the Past-President and a Fellow of the Association of Applied Geochemists. He is a Board member of the Australian Geoscience Council and Earth Science Western Australia. Current project: Commercialised UltraFine+ soil analysis and integrated interpretation of results. Adding critical parameters and algorithms to UltraFine+ to compute regolith setting, slope/weathering influence, uncertainty and more; all based on cloud computing. Current management: Group Leader - Predictive Mineral Systems Science. Four teams and ~25 researchers. Ongoing activities: Use of ultrafine fractions for Au, Cu, Zn and critical metal exploration, integrating machine learning for exploration, rapid field sampling and analysis, gas geochemistry for exploration through cover, hydrogeochemistry, chemical and microbial monitoring for CCS, manage CSIRO wet chemistry laboratories and other related equipment. Other activities: Past President of the Association of Applied Geochemists, Executive and Board member of Earth Science Western Australia (ESWA)/Australian Earth Science Education (AusEarthEd), Board member of the Australian Geoscience Council, Executive Committee for journal "Elements", Editorial Board member for the journal "Geochemistry: Exploration, Environment, Analysis" Member of Geoconferences WA subcommittee. Fellow of the Association of Applied Geochemists. Member of AIG, GCA, IAGC. 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
- Consistent Gold Mineralisation - Menzies Goldfields
Coffee with Samso Episode 50 with Ed Turner, CEO of Kingwest Resources Ltd (ASX: KWR) Prophecy come true :) The Menzies Goldfields is finally finding its time in the limelight as Kingwest Resources Limited (ASX: KWR) delivers good results on every drilling program. When Kingwest first appeared in their first Coffee with Samso - Episode 025 - The Menzies Goldfields in October 2019, I have said that given that the management is genuine and funding is readily available, this is going to be Goldfield. I am happy to see that this is slowly unravelling my prophecy. Ed Turner has shared with us this journey since it is fantastic to see the relationship continuing over time. Business confidence Ed shares with us his confidence in the strategy of the company. The buoyant market has allowed the company to explore and developed the near-surface resource. The current resource has increased from 170,000 ounces to 320,000 ounces with a 1g cut-off. The current drilling program is being extended because the results are demanding the continued presence of the drillers. Positive results are driving exploration activities. We have drilled down to 730m and we are still getting 25 g/t. - We are pushing to be in production in two years time. PODCAST About Ed Turner Ed is a geologist with 30 years of experience throughout Europe, South America, Africa and Australia in a range of roles encompassing base, precious and speciality metals for leading mining companies. Technical strengths include exploration, underground mining, resource estimation, feasibility studies and development level work. Ed was previously engaged as the CEO and General Manager of Exploration of Geology for Galena Mining Limited where he delineated the high-grade Abra lead-silver deposit that is shaping up to be a highly profitable mine development. About Kingwest Resources Limited (ASX: KWR) Kingwest Resources Limited (“Kingwest”) is a mining and exploration company focused primarily on gold exploration in the Eastern Gold Fields Region of Western Australia. It will aggressively explore for and extract gold in a mix of advanced, intermediate, and greenfield projects within this highly prospective district. Focus on the Menzies Gold Project - MGP With a new team on board and new projects, Kingwest is redirecting its focus on developing the highly prospective Menzies Gold Project. The Menzies Gold Project contains some of the highest-grade historic production in the Eastern Goldfields with the five underground mines producing between 16g/t and 32g/t Au over their respective life of mine for a total of 650,000 oz @ 22.5g/t. The last underground mining ceased in 1943 and there has been limited drilling beneath the historic workings since then. Open Pit mining during the 1990s before the collapse of the gold price in 1999 also produced 145,000 oz at a high-grade average of 2.6g/t Au. A relatively shallow resource comprising 2.42Mt at 2.2g/t Au for 171,300 oz (using 1g/t cut off) has been estimated in recent years however the best future economic potential is in targeting the high-grade mineralisation that remains open at depth beneath every deposit. 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
- The Need To Understand the Booming Market with Davide Bosio, Shaw and Partners Limited
Coffee with Samso Episode 51 with Davide Bosio, State Manager WA - Director of Corporate Finance with Shaw and Partners is all about the Equity Markets. Every investor in the stock market has these questions. How do we UNDERSTAND this current buoyant market? Where should we FOCUS our MONEY? In this episode of Coffee with Samso, I spoke to Davide Bosio, State Manager WA, Shaw and Partners to see what is ticking in the mind of a broker. With all the talk of the market being overly buoyant and "hot", Davide is the perfect person to give that perspective of the market as a broker. I wanted to see if we can balance the perception of the market with a proponent of the current state of affairs on the stock market. Davide shares with us the sectors that are doing well and how the extra funding that exploration companies are getting are going into discoveries. About Davide Bosio Mr. Bosio is the WA State Manager and Director of Corporate Finance of Shaw and Partners, a national Wealth Management firm managing over $20 Billion of FUM and majority-owned by EFG, a global investment bank headquartered in Switzerland. He previously held the position of Managing Director, Chief Executive Officer and Head of Corporate Finance of DJ Carmichael, which was successfully acquired by Shaw and Partners in 2019 as part of the firms national expansion. Mr. Bosio is a well regarded Corporate Adviser specialising in offering strategic advice to private and public companies, specifically in relation to recapitalisations, capital raisings and M&A. He has over 19 years’ experience in the finance industry as an Adviser, Responsible Manager, as well as serving as a Non-Executive Director Roles for various public companies. Mr. Bosio is a Fellow member of the Financial Services Institute of Australia (Finsia) and a Graduate Member of the Australian Institute of Company Directors (GAICD). Davide holds a Bachelor of Commerce (Marketing) degree and a Graduate Diploma in Applied Finance and Investment. PODCAST About Shaw and Partners Shaw and Partners is one of Australia’s preeminent investment and wealth management firms. With a national presence and over $19 billion of assets under advice, Shaw and Partners offer the intimacy of a boutique investment firm, backed by the resources and scale of a major financial group, EFG International. Shaw and Partners offers tailored advice and investment solutions, financial planning and corporate advisory services. We act for and on behalf of individuals, institutions, corporates and charities. They are client-focused, having helped clients manage and grow their financial assets for over 30 years. Their emphasis on integrity has enabled them to achieve very high levels of client satisfaction while unlocking opportunities of significant value. Backed by fresh thinking, robust research and some of the nation’s best investment and wealth experts, their business has been designed to meet the growing needs of their clients. Shaw and Partners offers access to an extensive team of private client advisers, institutional sales and trading specialists, market-leading research analysts and strategic corporate financiers. By working closely with clients and targeting their needs, they have forged strong long-term relationships. So, whether you are an ordinary investor, high net worth individual, charity, institution or corporate, their goal is simple: to listen to you, then act according to your needs alone. 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
- The Son or Father of Golden Grove?
Rooster Talk Episode 32 The first in-person Rooster Talk with Andrew Radonjic, Managing Director - Venture Minerals Limited (ASX: VMS) is about the latest announcements on the Golden Grove north project. What a way to celebrate this occasion. The latest results from Venture Minerals are showing clear signs that the current drilling program is on track to identify the next Golden Grove- styled VMS deposit. The first time I looked at Venture Minerals, I was immediately drawn upon the Golden Grove North deposit. The first Coffee with Samso - A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS) was published on 26th October 2020. In this episode of Rooster Talk, Andrew Radonjic shares with us, the significance of the numbers and how it relates to the bigger picture for the project. the exploration process and how it was planned and is being executed. the geophysical exploration techniques and how they help in identifying targets. how to understand the meaning of the geophysical interpretation. why the company is excited and why shareholders should be excited as well. This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). PODCAST About Andrew Radonjic Mr Radonjic is a geologist and mineral economist with over 25 years of experience in mining and exploration, with a specific focus on gold and nickel in the Eastern Goldfields of Western Australia. Mr Radonjic began his career at the Agnew Nickel Mine before spending over 15 years in the Paddington, Mount Pleasant and Lady Bountiful Extended operations north of Kalgoorlie. He has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and the development of over 1 million ounces. About Venture Minerals Limited Venture Minerals Limited is currently exploring in Western Australia for Copper-Lead-Zinc at the Thor Prospect, Nickel-Cobalt at the Pingaring Project (adjacent and along strike to the Quicksilver Nickel-Cobalt discovery), Nickel-Copper (new target) at the Odin Prospect and Nickel-Copper-Cobalt at the Caesar Project. Recently the maiden drilling program at Thor intersected massive sulfides confirming the Copper-Lead-Zinc target is a 20 a kilometre VMS style system. Thor is now a top priority target for Venture moving forward. The Company's initial focus was on realising the full economic potential of the Mount Lindsay Tin-Tungsten Deposit in North-West Tasmania. The Company has already defined one of the world's largest undeveloped tin deposits and has completed a Feasibility Study on Mount Lindsay. The emergence of tin as the metal most impacted by new technology through its use in Electric Vehicles has refocused Venture’s approach to developing this asset and an underground scoping study is currently underway. 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. About Rooster Talk Rooster Talks are conversations with industry experts about market insights, trends and learnings that benefit businesses across all sectors in the Australian Stock Exchange. If you find this Rooster Talk 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
- Another Giant Gold Discovery!
Coffee with Samso Episode 52 with Rob Longley, Managing Director of Ardiden Limited (ASX: ADV) Hollywood Results Canadian Geology and Giant Mines are synonymous when you talk mining in the North American Mining Industry. Having a large exploration package within the Land of the Giants is what I called stacking your bets. When I first came across Ardiden Limited (ASX: ADV), I was immediately drawn to the large land holding at Pickle Lake. A small cap exploration company on the Australian Stock Exchange (ASX) with a land package over 800 square kilometres in an area of known mineralisation and working mines is not something ordinary. I do not know of one place that is easy to work in, so granting that this is not the easiest of places to work in and taking into consideration all the "other issues", Rob Longley and his team are taking the best approach in the search for the "holy grail" and that is to systematically work through the information and not rush into chasing "Hollywood Results". In this episode of Coffee with Samso, Rob Longley shares with us the significance of the geology, the potential of the land package and how the company slowly works through the numerous targets that have already presented themselves. About Rob Longley Rob Longley is a Geologist with extensive experience in global resources across gold, nickel, cobalt, lithium and iron ore sectors. Rob was Managing Director of Helios Gold Limited and prior to that was General Manager Geology for Sundance Resources in Africa from 2007 to 2015. Rob has an impressive track record of successfully managing and executing exploration programs in difficult and remote locations while delivering progressive results with Mineral Resources that bring shareholder value, underpinning the developments of mineral projects. Rob is well-respected in the industry for his professional integrity, his resource growth achievements and commercial leadership. PODCAST About Ardiden Limited Ardiden Limited (ASX: ADV) is an ASX-listed exploration company focused on building compelling gold resources at its 100%-owned Pickle Lake Gold Project in one of Canada’s most prolific gold mining districts in Northwest Ontario, Canada. The project consists of over 664km2 of highly prospective landholding across three Deposits, Kasagiminnis (Kas), Dorothy and Dobie Gold Deposit. Ardiden has a maiden Inferred 110,000oz high-grade gold resource (790,000t @ 4.3g/t Au) at the Kasagiminnis Gold Deposit and in May 2020 defined an exploration target of 500,000oz to 1.2Moz @ 3.9 – 6.6g/t Au. The Deposit represents only a small section (600m) of a continuous 120km strike length at the flagship Pickle Lake Gold Project. During 2020, Ardiden aims to build on this Resource at Kasagiminnis with definition drilling as well as applying modern exploration technique to unlock value at its highly prospective numerous prospects, identified in June 2020 through interpretation of various geological and geophysical data sets. Initial exploration of these targets has been very encouraging. Ontario is a tier-one mining jurisdiction and produced 2.5Moz gold in 2018, nearly half of Canada’s total annual gold production. The Province hosts 18 active gold mining projects. Ardiden also has 100% ownership of the Seymour Lake Lithium Project in Ontario, where it is seeking a partner or alliance to draw value from the project, as well as other lithium interests in Ontario including the Root Lake and Wisa Lake Lithium 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 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
- Mt Dimer - A Path to Self-Funding?
Coffee with Samso Episode 53 with Ian Warland, CEO of Twenty Seven Co. Limited (ASX: TSC) What is Ian Warland thinking behind the acquisition of Mt Dimer Project? Management is making moves that will support shareholder value in what is a volatile market. When I looked at Twenty Seven Co. earlier this year, I got interested in the extensive greenstone belt that made up the Rover Project. Everyone knows that the exploration sector is all about being in a marathon as opposed to being in a sprint. The acquisition of Mt. Dimer is a piece of the puzzle that tells me that management is thinking in the right space. To me, Mt. Dimer is all about the potential of creating a path to production. If this was achieved, the company would be almost self-funding. The exploration upside that exist in the other projects would compliment each other very well. In this episode of Coffee with Samso, we have Ian Warland sharing with us the strategy of the company. He tells us about the thinking behind the acquisition of the Mt Dimer project and the exciting exploration results from Harmonic and Creasy 1 prospects within the Rover Project. Rover’s footprint has expanded form a single tenement to three, covering a total of 461 square kilometres and 140 kilometres of prospective greenstone belt. Read between the lines of what is at play with the spread of projects within Twenty Seven Co., and you can tell that management is cooking up a good story. The gold market will remain buoyant and go through its ups and downs. What is important for investors is to understand what companies like TSC is doing and creating value for shareholders. PODCAST About Twenty Seven Co. Limited (ASX: TSC) Twenty Seven Co. Ltd (ASX:TSC) is an Australian company exploring for economic deposits containing base and precious metals in highly prospective areas within stable jurisdictions. Formed in August 2018, after acquiring Nomad Exploration Ltd along with several highly prospective exploration projects in Australia, the company changed its name from Uranium SA to Twenty Seven Co. Limited. TSC's CEO Ian Warland, and along with the board of directors makes an experienced team with a proven track record from exploration discovery, through to development and mining operations. Twenty Seven Co’s has several highly prospective projects in Australia. In Western Australia, TSC is exploring for Archean Gold, Volcanic Massive Sulphide mineralisation (VMS) and nickel sulphides at its Rover Project in the Archean Greenstone Belt. The world famous Broken Hill Block in New South Wales is host to the massive Broken Hill Lead, Zinc deposit and the Thackaringa Cobalt deposit (ASX:COB). Twenty Seven Co. (TSC) has two 100% owned NSW projects – Midas and Perseus, which are targeting the prospective Thackaringa Group Rocks for copper/cobalt mineralisation. About Ian Warland Chief Executive Officer Ian is a highly experienced and successful geologist with 25 years’ experience in Australia and overseas. This includes recent experience as Site Supervisor for Cobalt Blue’s Thackaringa Joint Venture, at Broken Hill in NSW. This role has given Ian an excellent understanding of the cobalt endowment of the Broken Hill region, where Twenty Seven Co. (the Company) has secured two large cobalt-prospective Exploration Licences via the acquisition of Nomad Explorations Pty Ltd (Nomad). Shareholder approvals relating to the Nomad acquisition are being sought at the Company’s Extraordinary General Meeting tomorrow, 27 July 2018. Ian was joint recipient for Explorer of the Year in 2006 for the discovery of the Jacinth and Ambrosia zircon-rich mineral sand deposits for Iluka Resources Ltd, and subsequently led the team at Iluka which discovered over 20 million tonnes of heavy mineral sands within the Eucla Basin in South Australia. Ian was also an integral part of the development team that resulted in the Jacinth Ambrosia mine commencing within five years of discovery. Ian has also worked in open pit and underground base metals mining, and explored domestically and internationally for cobalt, copper, gold, uranium, base metals, lithium and industrial minerals. Ian completed a Bachelor of Applied Science Geology with First Class Honours from the University of Technology Sydney, and won the University Medal for his outstanding academic efforts. He also has an Associate Diploma in Environmental Control from Charles Sturt University, and a Graduate Diploma in Applied Finance and Investment from the Securities Institute in WA. 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
- Exploring 120 km of Gold Mineralisation
Coffee with Samso Episode 54 with Warren Potma, Exploration Manager of Matador Mining Limited (ASX: MZZ) How do you define 120 km of Gold Mineralisation? When I look at what Matador Mining has in terms of geology, I struggle to understand how we are going to define the "motherlode". They have mineralisation all along the length of their project. The company has defined 32 target already. This is definitely a good problem to have and this is what is intriguing about the whole project. In Coffee with Samso Episode 54, Warren Potma shares how the company is systematically working on the project. One of the imposing features of this project is the 120 km of strike (length), where the company is continuously finding gold mineralisation. Sometimes, this is an issue as you cannot focus on a single potential prize. However, as Warren points out, this is a good problem. Exploration in the North American shield is not a walk in the park. The main concern is the weather. The cold and the limited working window makes life that little bit harder. This is something that is always on the top of my list when deciding if a project is going to work or not, so we discussed this extensively. In addition to the weather, the geology and the infrastructure are the most critical in project evaluation. This is a great conversation as I really was able to get a great understanding of the project from all aspects of making the project work for Matador Mining. PODCAST About Warren Potma Warren is a structural geologist with 25 years of global experience across gold and base metals exploration, mining and geometallurgy including: five years as Principal Consultant with CSA Global Mining Industry Consultants; eight years leading mineral exploration R&D initiatives for CSIRO (Australia's Commonwealth Scientific and Industrial Research Organisation); several years as exploration manager for Hot Chili Ltd. and Silver Swan Group (both ASX listed explorers), and five years working for Anglogold across gold exploration and mining in Western Australia. Warren joined Matador Mining as Exploration Manager in August 2020 with a mandate to deliver company-making new discoveries on the under-explored Cape Ray project. He brings to Matador a wealth of knowledge on new exploration technologies from his time with the CSIRO delivered through a systematic, quantitative, integrated mineral systems targeting approach to exploration incorporating geochemistry, geophysics, structural geology and spectral mineralogy. 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 Projects hosts a current resource of approximately 840koz at 2g/t, with 96% of the resource less than 200m from the surface. The Project is supported by excellent existing infrastructure including roads (15 km from site), water, skilled workforce (drive in drive out) as well as World-class, low-cost grid power access (6c/KwH). The Company released a positive Scoping Study in 2020 proposed a 1.2 Mtpa standalone mining and processing operation, the Scoping Study has demonstrated potentially strong financial metrics for the Cape Ray Gold Project. The preliminary economics indicate the Project has positive financial metrics over an initial mine life of 7 years with capital payback during the first 1.75 years of the Project’s life 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












