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- VMS System Discovered - The Reward for Believing Management - Tempest Minerals Ltd (ASX: TEM)
Coffee with Samso Episode 133 is with Don Smith, Managing Director, Tempest Minerals Limited (ASX:TEM) Tempest Minerals Limited (formerly known as Lithium Consolidated Limited) has made many ASX companies watch them with envy. The company made this announcement on the 28th March 2022. The 709m drill hole that has come up with massive sulphides cannot be ignored. This is in no doubt a discovery hole. What is for certain is that this is a Volcanogenic Massive Sulphide (VMS) system. What is yet to ascertain is its potential size, the endowment and if this will be an economic system. According to Don Smith, Managing Director of Tempest Minerals Limited, this is an exciting time for the company. The discovery is from a location that was never thought of to be productive. Management discovered that the greenstones that hosted the Golden Grove VMS deposit may have diverted to the tenements that the company holds. The drilling that was announced is proof that this theory is well thought of and could make the difference in creating a new mineralised province. This area has never been pegged and previous explorers have ignored and thought of the place as not mineralised. Chapters 00:00 Start 00:20 Introduction 02:26 Discovery Hole 02:56 How does the core compare to a typical VMS geology? 03:45 What does the geology tell you about the potential? 06:20 Was this a geology drill hole? 08:24 How much confidence do you draw from what you know now to your initial theory? 09:31 Any structural offsets? 10:05 Is depth of mineralisation a concern for you? 10:53 How will this discovery affect your other projects? 12:55 Mount Magnet Projects. 15:43 Where is the focus now? 16:41 Is this a VMS project? 17:08 How big is this system? 17:38 What is the news flow coming for Tempest? 18:25 Patience is paying off for shareholders. Exploration activities will be speeding up. 19:11 Don's sales pitch to Investors. 21:18 Conclusions Watch the interview here or see the video above. For further information about Coffee with Samso and Rooster Talks visit: samso.co.au PODCAST 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. 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. 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 pique investor interest. 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 Our new Brilliant partnership allows us to distribute stories from ASX companies and private businesses to a wider community. As subscribers to Samso, you will find Brilliant stories inspiring.
- Los Cerros Limited (ASX: LCL) - A High-Grade Gold Porphyry Story in Colombia
Coffee With Samso Episode 116 with Jason Stirbinskis, Managing Director, Los Cerros Limited (ASX: LCL) on why he is excited about the prospect of finding a Tier-1 gold porphyry deposit in Columbia. The Los Cerros Limited (ASX: LCL) story is one that I am pretty sure not many ASX investors would look for in the market. In today's Coffee with Samso, we learn about a high-grade gold porphyry that could make Los Cerros a Tier 1 player in the land of giants. There is a significant moment happening now as Los Cerros moves towards drilling a high chargeable target that is between two significant prospects, Miraflores and Tesorito. The moment of truth may be near as drilling continues. We told the market that we may have a potential core of mineralisation between Miraflores and Tesorito. The geophysics is now backing this theory. What I like about Los Cerros is that this is looking like a high-grade gold porphyry which is not that common. Most porphyries that I have come across have been a copper-gold system. Jason tells us that this is looking like gold dominated but there is significant evidence that a polymetallic nature may be present as well. Tune in to find out how Jason Stirbinskis intends to take Los Cerros into the land of giant gold porphyry deposits. Chapters 00:00 Start 00:20 The Los Cerros Story. 01:48 Porphyries in Colombia. 03:43 The Colombian Porphyries. 05:27 Los Cerros is a Gold Porphyry. 06:30 Are the younger rocks easier to explore? 08:06 The Belt is well endowed. 10:22 Is there a major structure defining the mineralisation? 12:10 Clustering of deposits. 14:04 The Tesorito Announcement. 15:49 What is the significance of the geophysical anomaly? 17:09 What if the geophysical highs do not represent mineralisation? 18:14 How big can the project get? 20:20 Looking for elephants. 21:30 Are there any high-grade results from the surface? 23:17 How do you choose which good project to start with? 26:24 Is the structure complicated? 27:37 What is the mineralised width of these porphyries? 28:49 Has there been any metallurgical work done? 29:48 Where are the investors coming from in your latest Capital Raising? 31:10 Are you feeling that Australian Investors don't know the Porphyry story? 32:30 How do you evaluate "Good" intercepts in your drilling, from a Porphyry context? 34:03 Difference between Australian Porphyries and others. 34:56 What are the news for investors? 36:00 How is Los Cerros doing ESG? 37:51 Lucky Find. 38:56 What is the jurisdiction question for Colombia? 41:07 Conclusion PODCAST About Jason Stirbinskis Managing Director BSc, MBA Jason was appointed Managing Director on 16 August 2019 as part of Los Cerros merger with Andes Resources where he also held the role of Managing Director. Originally a Geologist, Jason Stirbinskis is a Corporate Executive with 12+ years’ experience leading both private and public companies in the mining and mining services space. He is experienced across a number of commodities including gold, zinc, lead, copper, and nickel and has managed projects ranging from greenfield to DFS/Development in West Africa, Scandinavia, Australia and Central Asia. Jason is well networked across international and Australian capital markets and skilled in leading multidisciplinary, international teams. About Los Cerros Limited Los Cerros Limited (ASX: LCL), incorporated in Australia, is an ASX listed exploration and mining company. In August 2019 Metminco Ltd merged with Andes Resources Limited to form Los Cerros Limited and resulting in a dominant position within the Andes and Quinchia regions of the Mid-Cauca Gold belt. Across the ~100,000ha portfolio of applications and granted titles, projects range from multiple early-stage exploration, through to advanced projects including feasibility. Los Cerros primary focus is the Quinchia Gold Portfolio, which is located in Colombia’s Mid- Cauca Belt, and has a JORC compliant Resource 1.3Moz made up of 0.84Moz of gold (Measured+Indicated) and Reserve of 0.547Moz of gold at the Miraflores site and ~0.46Moz of Inferred Resource at the Dosquebradas site. The 10,500ha Quinchia Project contains a number of gold deposits and significant exploration and development targets including Miraflores, Tesorito, Chuscal and Dosquebrada. Los Cerros Andes Gold Portfolio consists of a 90% interest in ~85,000ha of tenements also within the Mid-Cauca belt and including 3 granted titles. Only ~10% of the expansive portfolio has been systemically explored but already delivered 12 vein-type gold/silver targets and multiple gold/copper porphyry targets. 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
- Kingwest Resources Limited (KWR) - Mining Menzies and Raising Capital for Discovery.
Rooster Talk Episode 49: Ed Turner, CEO, Kingwest Resources Limited (ASX:KWR) shares with us the commercialisation of Menzies and raising further capital to consolidate the Sir Laurence Discovery. Kingwest has pulled off a great deal in getting cash flow from their Yandaga asset. Ed mentions that the company has completed a $4M capital raise which will go into solidifying the recent Sir Laurence discovery. The JV announcement recently means that the company can now look forward to creating future cash flow while they continue to create discoveries. The terms of the JV means that Kingwest does not need to find capital to deal with the mining. To add sweetness to the deal, they are paid a fee of AUD1M for the right to do the work (Mining and Processing JV to see Gold Production Recommence at Menzies). Now that is a good deal. Watch this Rooster Talk with Ed Turner below. Chapters 00:00 Start 00:20 Introduction 00:54 Ed Turner Updates 01:51 Update on the Mining JV. 03:21 The Good News of monetising Menzies. 04:20 What is the Capital Market telling Ed? 05:22 The outlook for Gold is still good. 05:50 The margin of mining Gold is still good. 06:14 Update on the current drilling activities. 07:52 Conclusion About Kingwest Resources Limited and its Menzies Gold Project 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. 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. Ed has been a constant participant on Coffee with Samso and Rooster Talk and I felt that it is a good time to get some updates on Kingwest. Recent results on the drilling are shaping the Menzies Project into a real winner for shareholders. Listen to the podcast below as Ed shares the significance of the recent drilling and how the gold resources have doubled since they took on the project. The recent capital raising and the selling of non-core assets have really boosted the bank balance, allowing the company to take on further drilling and making mining of the resource a reality. Podcast About Ed Turner BSc (Hons), MAusIMM 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. Tune in for more Menzies Goldfields updates The recent M&A activity within the Eastern Goldfield gold producers is proof that if you cannot find more resources, you just buy them. It's true, play the video below to find out more. Ed Turner from Kingwest Resources Limited (ASX: KWR), returns to talk about the progress of the company at the Menzies Gold Mining District. Kingwest's recent drilling has increased the gold resources and confirmed extensions to the existing orebodies raising capital of AUD3.5M. COVID-19 has not affected Kingwest's fieldwork and Ed announced high grade of gold deposits. 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 Rooster Talk 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
- Miramar Resources Limited (ASX: M2R) - Mineral Exploration Success - Discovery at Marylebone.
I declared that Marylebone is a Discovery during Coffee with Samso Episode 118 with Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R) You will hear that Allan Kelly has actually made a discovery. This could be a fantastic time to take a position and await more results. Allan Kelly is an exploration geologist who has a proven record of discovering and taking the project to production with Doray Minerals Limited (ASX: DRM). Doray has merged with Silverlake Resources Limited (ASX: SLR) which adds more evidence to the value of Allan's work. While speaking with Allan, I believe that Miramar is the most prospective mineral explorer currently on the ASX. In our conversation, I declared that Marylebone is a Discovery. The results we discussed, in my opinion, leave no doubt in my mind that Allan has discovered a project which will deliver a potential economic discovery. Chapters 00:00 Start 00:15 Introduction 01:23 Allan updates. 05:43 Why has Gidjie not been noticed? 10:47 Early signs of a Discovery. 14:04 Repetition of results is the Key. 15:12 Reasons why Marylebone is the Real Deal. 21:07 This is the time and place to be meticulous in Exploration. 22:45 Drilling testing negatives is an important part of Exploration. 24:52 The significance of Hole 96. 30:37 All the factors that make a Discovery. 31:20 This is a Discovery. 32:26 This is more than Smoke, you can see Flames. 34:20 Understanding the profile of the bedrock. 36:46 Upcoming drilling activities. 38:04 Marylebone is the place to chase an Economic Discovery. 38:46 The prospects of Glandore. 44:30 Market Cap is poised for uplift. 45:57 How Funds have been used. 49:02 Allan shares his last words. 51:12 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. Latest ASX Announcements 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
- Critical Resources Limited (ASX: CRR) has both critical metals - Lithium and Zinc
Coffee with Samso Episode 119 with Alex Biggs, CEO of Critical Resources Ltd (ASX: CRR). The value that shareholders get exposed to from Critical Resources Limited is that the company has both critical metals - Lithium and Zinc. As our world move toward Zero Emission, the need for taking positions in these metals become essential. In this episode of Coffee with Samso Alex Biggs gives us a rundown on the new Mavis Lake Lithium project and the Halls Peak Base Metal project. When I first looked at Critical Resources Limited, I was interested in the Halls Peak project as there is some good indication of zinc mineralisation. I like the fact that there is a lot of good historical indication of a zone of mineralisation. The addition of a high-grade lithium project to the portfolio is a smart move. I hear that there is a surge of lithium plants to a point that there are insufficient resources to build these plants. Engineering firms tell me that it is almost impossible to build at the required speed. If the demand for lithium follows the market narrative, the acquisition of a lithium project in Canada is perfect. Chapters 00:00 Start 00:15 Introduction 00:54 We hear from Alex Biggs. 02:04 What is the story of Mavis Lake? 03:51 Good project. 05:23 How do you evaluate projects? 07:16 What is the thought on the Lithium market? 09:11 Good to have a Chairman that builds a business. 11:07 What is next for the Mavis Lake Project. 13:30 Feedback from the DD about the Lithium project. 15:00 The wonders of Zinc. 17:13 Potential of Halls Peak. 19:44 Discovery will create value for Critical Resources. 21:11 Potential of NSW projects? 22:29 Supply and Demand news for Zinc. 25:23 Why base metals will be the real flavour. 27:50 No Emission is driving the mineral resource market. 30:30 Potential upcoming news. 32:04 Last Words 33:42 Conclusion PODCAST About Alex Biggs Chief Executive Officer 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 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 stories are also featured on Brilliant-Online. Read their investment column and subscribe to Brilliant-Online so you don't miss a beat.
- The Blackstone Sustainability Report - What is it and What Does it Mean?
Coffee With Samso Episode 112 with Blackstone Minerals Limited (ASX: BSX). The release of the Sustainability Report by Blackstone Minerals Limited (ASX:BSX) should indicate to investors that the end is near. The company is putting on the table the transparency of their activities and its intent on making this an industry-leading business. In today's Coffee with Samso, Anna Cranney, who is the Social Performance Lead for Blackstone Minerals Limited (ASX: BSX) returns to give us an insight into what this report is all about. The content of the report may put many to sleep, but when you hear the context of the report as investors, this gives me a great deal of confidence that the company is looking to make a statement. "Blackstone is looking to lead the industry and show through its transparency its intent on creating an ESG relevant, ESG leading business that creates a truly sustainable investment which has a World leading responsible nature for all stakeholders of the business." - Samso Tune in to find out how Anna Cranney and the Blackstone team will deliver the ESG platform from theory to practice. Chapters 00:00 Start 00:20 Introduction 02:16 The Sustainability Report 03:32 Is this Report a New Concept? 04:41 Is this report a Standard Operating Procedure document? 09:39 A brief of the content of the report. 14:56 How is Blackstone backing up with their claim to be an ESG champion? 16:11 Was ESG already in the marketplace? 19:20 Is it hard to get all stakeholders to conform to the Report? 23:20 Balancing the needs of local Vietnamese community against corporate. 26:35 Is the implementation of the report harder in Reality? 27:37 Are we overdoing ESG? 27:14 What is the cost of ESG? 33:43 What is the perception of the cost of ESG? 36:10 Sustainable Responsible Investments is ESG. 37:49 Conclusion PODCAST About Anna Cranney Social Performance Lead with Blackstone Minerals Limited Education: Bachelor of Education/Arts from the University of QLD; Graduate Certificate in International Education from the University of Sydney; Certificate IV in Training and Assessment; Diploma of Training Design and Development, RMIT; Graduate Certificate in Social Impact from UWA and the Centre for Social Impact. Anna Cranney hails from Goondiwindi in Queensland but moved to Perth a number of years ago to work within the extractives sector. She has over 13 years of experience working social performance, capacity building and community development programs. A decade of this has been time spent working regularly in Timor-Leste. Ms Cranney has worked across industries and sectors including oil and gas, construction, education, not-for-profits, and in the aid and development sector. Her passion is in embedding impact-focussed ESG programs across technical teams and operations on major projects, and helping the extractives sector use a partnership approach with communities and not-for-profits to deliver long-term outcomes. Anna has recently joined the Blackstone Minerals team to continue to develop their ‘green nickel’ strategy and embed ESG across the business, with a particular focus on their Ta-Khoa project in Northern Vietnam. 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 infrastructures built to International Standards including a 450ktpa processing plant and permitted mine facilities. Blackstone Minerals 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 Minerals is exploring for nickel and gold in the Eastern Goldfields and gold in the Pilbara region of Western Australia. Blackstone Minerals 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. In 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 Minerals 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 towards making this a reality. 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 Samso stories are also featured on Brilliant-Online. Read their investment column and subscribe to Brilliant-Online so you don't miss a beat.
- Singular Health Group Ltd (ASX: SHG) - The Business of Scan To Surgery.
Coffee with Samso Episode 117 is with James Hill, Chief Operating Officer of Singular Health Group Limited (ASX: SHG) This episode is about the building of a vertically integrated medical business by Singular Health Group Limited (ASX: SHG). The Scan To Surgery Business is the future of affordable Tier 1 medical solutions for everyone that needs it, and not just for those who can afford them. Singular Health is a medical technology story which utilises artificial intelligence to allow precision surgeries at a more efficient timeline. In our very first Coffee with Samso, 3D Medical Imaging - Taking Health Care to the next Dimension: Singular Health Group Ltd (ASX: SHG), we learnt that the company was bringing 3D imaging to the market. Since then, as we learn in this episode, that model has changed. In my opinion, this change is a stroke of genius as it is now a business that allows existing practitioners to create more value for themselves and their patients. Using the Scan To Surgery concept is the way to go as it means all stakeholders within the industry will have value added to their position in the chain. Practitioners will be more efficient and can provide better service for their patients. Patients will be able to have more information, have a better understanding and be exposed to more cost-efficient processes. Chapters 00:00 Start 00:20 Introduction 01:28 James updates on Singular Health. 02:44 The Vertical Integration Process. 07:30 Who is the market? 08:38 The Scan To Surgery Story. 09:46 The Sequence of Scan To Surgery. 12:50 It is all about Patient Specific Implants and Medicine. 13:02 The Vertical Integration Story. 14:24 What Stage is the Business? How accurate is the Precision? 17:32 Is Singular Health at proof of reliability? 18:10 SHG wants software to be accessible worldwide. 18:24 Large Market for Business. 19:43 The Scan To Surgery process is not common practice. 21:29 SHG is all about Reducing Time from The Scan to the Surgery. 22:16 APPROVALS is for SOFTWARE not medical/biotechnical products that need lengthy Clinical Trials. 22:56 The Singular Health Business seems EASY. 26:07 What's the Competition and Who are your Peers? 30:50 The Osteopore Relationship. 34:25 Osteopore will use SHG software. 35:42 Reconfirmation that the SHG software, AI is not a common feature in the marketplace. 36:22 The process of acceleration in the Scan To Surgery procedure is unique to Singular Health. 37:20 The benefits of Patient Specific Medicine. 40:25 Potential Investors Exit could be an M&A process. 41:33 Last Words from James Hill. 42:26 Conclusion PODCAST About Singular Health Group Limited (ASX: SHG) Singular Health develops better health literacy with the ability to access, understand and use information to make medical decisions, and take action about health and healthcare. With the help of its core proprietary technology, the Volumetric Rendering Platform (VRP), 2D medical imagery can be converted into volumetric 3D models which can be visualised, manipulated, modified and reviewed using a standard monitor or by utilising virtual reality. As an example, the VRP can convert a standard 2D axial view of a thorax into a 3D volume rendered thorax that can be viewed and manipulated in virtual reality. 2D images can be stacked to provide depth and can therefore be viewed in 3D. The core value proposition of the VRP is that it: (i) allows for the real-time conversion of medical imaging data (allowing end-users to volume render 2D data, typically within 120 seconds from the time the imaging file is available); (ii) possesses in-situ processing capabilities and does not rely upon any internet connectivity and/or external code libraries or processing to convert images from 2D to 3D, which acts to both protect patient confidentiality and enable off-line usage of the technology in remote and rural locations; (iii) assists in the integration of Singular Health’s technology into the medical and education markets and workflows, any alterations, measurements, screenshots or videos (derivatives of the main scan) are saved in industry standard file formats (.obj, .stl, .json, .jpeg, .mp4). This not only makes derivative information much more transferable and viewable on traditional 2D DICOM viewers but also permits the usage of files in third party computer-aided design packages and media viewers whilst still preserving the proprietary nature of the rapid volumetric rendering; (iv) allows end-users to experience a fully-immersive viewing experience with 360° viewing and in some instances the inclusion of a 4th dimension, which is the time taken to perform a virtual surgical action and/or review 4D scans (such as functional MRIs); (v) is designed to operate using the graphics processing capabilities of high-end yet retail grade hardware, including Alienware laptops, thin-client desktops and Oculus Rift S virtual reality headsets. The combined cost of the hardware is approximately $5,000 resulting in a low capital expenditure by end-users; and (vi) can be integrated with picture archiving and communications systems within hospital and clinical environments to provide easy, industry-standard access to the medical imagery used as inputs for the software. The Directors believe that the VRP provides multiple opportunities for growth through the development of surgical visualisation and planning products, patient education products and geological and resources focused products. About James Hill James is an experienced professional in the commercial technology sector, having held directorships with a number of private companies. James graduated from the University of Western Australia with a Bachelor of Commerce (Marketing and Management) and has since worked on a number of projects across the fields of finance, engineering and marketing. Previously the Managing Director of a digital marketing agency for 3.5 years and with corporate experience, he provides key and strategic advice on digital marketing, investor relations and go-to-market strategy. James has also worked with corporate advisory firms in Perth providing business planning and financial modelling services. Over the past decade, he has produced one of Australia's most efficient manned electric vehicle and has a broad technical background with hardware and software that he applies in his role within Singular Health liaising between the development, management, and sales teams. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso stories are also featured on Brilliant-Online. Read their investment column and subscribe to Brilliant-Online so you don't miss a beat.
- Blackstone Minerals Limited (ASX: BSX) - The Arrival of Green Nickel.
Scott Williamson, Managing Director of Blackstone Minerals Ltd (ASX:BSX) returns today on Coffee with Samso Episode 120 with insights about the release of their inaugural Sustainability Report The Blackstone Story is no stranger to making bold statements, but I would say that the biggest of them all is the release of their Sustainability Report. Blackstone is not shy of telling the market that they are going to produce Green Nickel. Yes, you heard it right. Blackstone is going to produce nickel products that adhere to world class ESG standards. That is a bold endeavour and it really makes you sit up and want to know more. Clearly, there is no room for second place with this statement. One would be doing this with Tier 1 standards, world leading practices and with total transparency. This is the statement from Scott and the Blackstone team. Scott shares with us his thoughts and passion on making sure that the process of completing the Blackstone business in Vietnam is all about the people and the environment. The business will be complete only if there is participation and rewards from and for all stakeholders in the business model. As you look into the story, the creation of a totally responsible and sustainable business is going to reap rewards beyond your typical mining nickel through to production model. What this means is that this Green Nickel story by Blackstone Minerals will be at a level that will have a significant barrier to entry for competitors. The first mover advantage will create a near impossible competitor edge which will be hard to overcome. There is a metal use revolution storm coming and what is felt now is nothing compared to this tsunami just outside the shores of the EV Revolution. Tune in to find out if we are overdoing ESG. Chapters 00:00 Start 00:20 Introduction 00:59 Scott introduces the Sustainability Report. 02:25 Inspiration for Green Nickel process. 05:26 What was the feedback to understand Green Nickel? 07:13 How has the transparency of the story helped corporately? 10:48 Blockchain of Green Nickel Story. 13:21 How will pricing of Green Nickel work? 14:40 Will mining Green Nickel be cheaper in the future? 16:06 A major problem for No-Emission story. 19:42 Where is the strict No-Emission on the Blackstone Story coming from? 20:58 Are we over doing all this ESG - No Emission story? 22:41 How fast is the transformation to an Electric Mining Fleet? 24:44 Is the capital still favouring Green? 26:15 What are people saying about this report? 29:24 Scott's last words on the Sustainability Report. 30:58 Conclusion PODCAST 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 and metals industry. He is skilled in Open Pit and Underground Mining, Corporate Finance, Investor Relations and Project Planning. A strong business development professional with equity capital markets experience, Scott 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. 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 infrastructures built to International Standards including a 450ktpa processing plant and permitted mine facilities. Blackstone Minerals 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 Minerals is exploring for nickel and gold in the Eastern Goldfields and gold in the Pilbara region of Western Australia. Blackstone Minerals 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. In 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 Minerals 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 towards making this a reality. 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 Samso stories are also featured on Brilliant-Online. Read their investment column and subscribe to Brilliant-Online so you don't miss a beat.
- Cooper Metals' Copper-Gold in Prime Location, Mt. Isa, Queensland.
Coffee with Samso Episode 122 Today's mineral exploration story is about Cooper Metals Limited (ASX: CPM) chasing for Copper and Gold. Ian Warland, Cooper's Managing Director, an exploration geologist with more than three decades of experience shares the concepts of the Cooper Metals story. When I first looked at Cooper Metals I was surprised at the location of their tenure in Mt. Isa which is right in the heart of the Mt. Isa Inlier. It is very much like the Miramar Resources story with the Gidji JV in Kalgoorlie. The Mt. Isa East project is literally within stones throw from major deposits. There are deposits with world class numbers that are within the same region. I am not saying that there is a like for like resemblance in the geology but it tells me that the region is a melt of mineralisation. A nearology story that has proven success and the fruits are well endowed. There is no doubt that Cooper Metals will find smoke in their exploration as they recently announced some great rock chips from existing trenches (Mt Isa East rock chip assays up to 35.3% Cu and 7.96g/t Au). "Copper is where you see it on the surface", says Ian Warland. My thoughts are that the Queensland project is the one to watch for now. As Ian mentioned, their next step is to fly a new geophysical survey which will give them more detailed understanding on where the potential mineralisation can be found. The next targets for the company is the Yarmana Gold project and the Gooroo Gold project in Western Australia. These are more early stage projects but their potential is not to be ignored. I like the Yarmana Gold project as there are tenements that are adjacent to the world class Gruyere Gold mine which is owned by Gold Road Resources Limited (ASX: GOR). The Gooroo Gold project may be my third choice but the recent change in understanding of the greenstone presence within the Gullewa Greenstone belt may be more than interesting. The Project area is located within the Archaean Gullewa Greenstone belt in the Murchison Province of the Archaean Yilgarn Craton. The area is prospective for Archean gold and Volcanic Massive Sulphide deposits. Silver Lakes (ASX: SLR) Deflector Cu-Au deposit is located ~ 26km north of the Gooroo Project. Let's listen to these chapters 00:00 Start 00:20 Introduction 01:05 Ian Warland introduces Cooper Metals Limited. 01:58 How did Cooper Metals get the projects? 05:14 How much of a correlation does surface mineralisation have with discovery? 08:00 Why did Cooper get the opportunity of these projects? 10:28 Neighbours in Mt. Isa are finding great results. 11:43 Comments on the recent announcement. 11:59 Copper is where you see in on the surface. 13:41 Was there a model of chasing nearby projects prior to listing on the ASX? 15:59 Geophysics have come a long way. 16:18 Reasons why Geophysics today, can change the prospectivity of a project. 17:21 The other projects. 18:12 The Gooroo Project. 19:45 Chasing concepts is how to find new deposits. 21:04 The Yarmana Project. 21:53 The Endless possibilities of Mineral Exploration. 23:35 Why the discoveries are being made from projects not loved/unloved. 25:20 What is the plan going forward? 27:32 Is there a labour issue for the company? 28:44 How long will this resource boom continue? 31:38 What is Ian's last words to investors? 33:21 The positives of the Cooper Metal story? 34:40 Uranium potential 35:47 Concluding comments from Samso. 36:49 Ian's concluding comments. 37:23 Potential for Copper Metals. 37:59 Conclusions Podcast 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 complimented 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. 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
- Andromeda Metals Limited (ASX:ADN) - The Real Story.
James E Marsh clears the air about Andromeda Metals Limited (ASX:ADN) over Coffee with Samso Episode 124 Over the past two years, the Andromeda Metals story has taken many twists and turns. Today, there is a lot of misconception, misunderstanding and a lack of understanding of what the company really does. Let's clear the air. When I first spoke to Andromeda Metals Limited (ASX: ADN) in late 2019, the company felt like it had such a simple business. A simple business that was going to make a lot of money. After talking with James Marsh and learning more about the business, I was convinced that this was better than an AUD$0.04 stock. Andromeda Metals did not prove me wrong. In fact, the shares went to a high of AUD$0.45, putting their market capitalisation at over AUD$1B. I was an early shareholder and left the register many times before the AUD$1B valuation. I have to admit that the story of the business was changing at a pace that I did not keep up with. This is nothing new in a developing company, but talking to associates and existing shareholders, I realised that there is a lot of misunderstanding. Harking back to our very first conversation in 2019 - Coffee with Samso - Ep 27 - The myth and facts about the Halloysite and Kaolinite Industry - ADN - there was the question of what exactly is the company mining? Back then, I was hearing from people that Andromeda was mining Halloysite and not Kaolinite...etc The result after our chat on Coffee with Samso was that we got some clarity to the issues. In today's episode, James shares with us insights that I feel are good in helping to address some of the comments that have been flying around in the marketplace. The people I had spoken to about the ins and outs of Andromeda have been telling me that they don't really know and understand what is happening. Hopefully, in today's episode of Coffee With Samso, we gain some clarity on some of the uncertain narratives that in the community. Chapters 00:00 Start 00:20 Introduction 01:57 The Minatour -Andromeda Metals Merger. 04:42 What is the Nanotube Business? 08:31 How realistic is this Carbon Capture Idea? 10:47 Is the Carbon Capture a Practical Reality? 12:46 How is the mine going? 17:58 What are the thoughts about a shift in demand of "unknown" metals? 21:56 How we investors see Andromeda now and in future? 25:47 What drives the Concrete business requirement? 26:20 Not all halloysite are the same. 28:59 How does Andromeda be seen as? 31:02 The ISR Story? 34:20 The Potential of being a Copper Producer. 36:25 The up and downs of Andromeda share price. 40:03 James thoughts on Andromeda as an Investment. 41:26 Concluding comments 42:22 James Last Words PODCAST Andromeda Metals Limited (ASX: ADN) Andromeda Metals Limited is an Australian Securities Exchange-listed company (ADN) with a focus on developing the Carey’s Well halloysite-kaolin deposit in South Australia. The company has built a highly prospective exploration portfolio of projects covering 5,374 sq km within 19 exploration licences located in South Australia, Queensland and Western Australia. Andromeda Metals (previously Adelaide Resources) was incorporated on 23 December 1993 and subsequently listed on the ASX on 11 September 1996. The Company’s head office is in Adelaide, South Australia. The vision of Andromeda Metals is to be a sustainable industrial minerals producer of high-quality halloysite-kaolin and high purity alumina material, thus providing shareholders with a sustainable financial return on their investment in the Company. James E Marsh BSc (Hons), MAusIMM James Marsh is an industrial chemist and holds tertiary qualifications in chemistry and physics. He has extensive experience across a wide range of industrial minerals spanning a 25 year period, including senior technical and marketing roles with two global market leaders. He previously worked for 7 years as Business Development Manager for Active Minerals Australia, part of the Active Minerals International group, a worldwide leader in the production and marketing of kaolin and gel quality attapulgite clay minerals. Mr Marsh has been instrumental in developing and launching industrial minerals products into established and new applications globally and has a successful track record in general management and sales. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. www.samso.com.au Samso creates compelling stories and content giving real insights from business leaders of ASX companies and private businesses that matter to the investment community. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso 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 Green Copper Story? - Thor Mining Plc (ASX: THR)
Coffee with Samso Episode 123 is with Nicole Galloway Warland, Managing Director - Thor Mining Plc (ASX: THR) Thor Mining is a very special diversified mineral exploration company. Special in that there are three highly prospective projects and one of them could make this minnow a serious copper producer. Our first encounter with Thor Mining was in February 2021 at a Coffee with Samso - A Potential ESG compliant Copper-Gold Producer: Thor Mining Plc (ASX:THR) - and the current Managing Director, Nicole Galloway Warland was the company's Exploration Manager then. The projects that were just being worked on then had just as much potential as the story. I liked the projects at that time and felt that if work was done and the results were favourable, any of their projects could achieve a flagship status. Sure enough, work has indeed been done and it looks like my gut feel was on the money. In this episode of Coffee with Samso, Nicole tells us about the huge amount of work done in 2021. I feel that the maturity of the projects over the past 10 months has been profound and it has shifted my thinking on the direction of the company. I remember Nicole telling me that Ragged Range was going to surprise people. Well, it definitely surprised me. The potential of the area is really only limited to the funding capacity of the company. The Pilbara is just showing its potential and those working in the region will continue to unearth the hidden metal endowment that lies beneath this craton. As for the Copper projects in South Australia, I am greatly relieved that the recent results have made great progress. The ISR potential of the Alford projects is going to make Thor Mining stand out and be seen. I have always liked the potential and I talked about it in the first Coffee with Samso with Nicole and also with the previous Chairman, Mick Billing. I believe that the ISR potential should be the company's main focus and the creation of a Green Copper story is achievable. My take on the Green Metal story, the Green Mining story is one that can only be happy if you have naturally occurring infrastructure. What I mean in terms of infrastructure is the Green Power + Green Minable Economical Resource + Governance/Jurisdiction. In my opinion, Thor has these three components available. They just need to make it work. The Molyhil project is the third part of the story (at this stage). The recent discovery of a skarn source for the Tungsten and Molybdenum mineralisation may change the whole economics of the project. This is now partnered with a rising Molybdenum price in 2021. A rise appears to have some holding power that is going to tilt the game in favour towards Thor Mining. Chapters 00:00 Start 00:20 Introduction 01:38 Ragged Range 02:54 Prospectivity of the Pilbara Craton. 05:30 The Nickel in Ragged Range. 06:54 Copper in South Australia and potential to being a Copper Producer. 08:19 ISR Use 08:55 How do you explain the Environmental Issues? 11:19 73m of 1% Cu is a significant number. 12:35 The Copper project in South Australia is heading towards development. 13:28 NO infrastructure will not be an issue. 13:44 Looking very much like a Green Copper Story. 15:17 Molyhil Project 17:46 Molybdenum is getting new uses and demand. 18:55 Is Molyhill bigger than first thought? 20:10 The Uranium and Vanadium project. 21:42 How will Thor prioritise the projects? 24:50 What's the news flow? 25:58 How does Thor see Ragged Range? 27:35 Nicole's words of wisdom. 28:28 How will Thor manage the variety of projects? 29:26 Concluding comments PODCAST Download this eBook This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Nicole Galloway Warland, Managing Director Thor Mining Plc (ASX:THR) Geologist Nicole Galloway Warland has worked in the mining and exploration industry for more than a quarter of a century in Australia, Eastern Europe and South America since graduating from Sydney’s University of Technology. Nicole's experience spans grassroots exploration through to project evaluation, encompassing both open cut and underground mining, with a focus predominantly on gold, copper-gold, base metals, nickel, uranium, and lithium. About Thor Mining Plc (LON:THR and ASX:THR) Thor Mining PLC is an exploration and development company with an advanced tungsten/molybdenum project poised for development, and exciting copper and gold projects, both advanced and early stages, with the potential to generate significant investor value. Thor also holds an advanced tungsten/molybdenum project ready for development. Thor has projects in Australia in the Northern Territory, Western Australia, and South Australia. Thor also owns the Pilot Mountain tungsten project in Nevada USA, and uranium and vanadium exploration claims in Colorado and Utah. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. www.samso.com.au Samso creates compelling stories and content giving real insights from business leaders of ASX companies and private businesses that matter to the investment community. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Partnership Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments
- All Eyes on Diversity, Equity and Inclusivity
2020 was an unprecedented year for many reasons. One of which, was the rapid return of business practices Environmental, Social and Governance (ESG) and Diversity, Equity and Inclusivity (DE&I). Society’s response to multiple polarising social and political events has spilled over into the place we spend the most time at – work. If ESG was running for office, DE&I would be its running mate. Diversity, Equity and Inclusivity is now a defining aspect of the overarching framework of ESG. As its name suggests, it refers to a company’s human resources. It’s not a new concept, it’s existed since 1968 but its progress has been until recent years, slow. Recently I attended a Perth networking panel event that focused on diversity, equity and inclusivity called ‘Moving Forward in a Diverse Community’ that was held at the Flour Factory on October 27th, 2021. The panel featured: Host Toto Boutdara, a designer and non-executive director of four companies. Whadjuk Ballardong Nyoongar lady, Lorraine Pryor, a mining industry employee. Economist and workplace consultant Conrad Liveris. Workplace consultant Ali Local. All are Western Australians who had insights to share about where Perth, WA and Australia stand in the quest for true DE&I progression. Each spoke of their personal experiences and observations with DE&I. Being part of Perth’s local workforce enabled them to share their opinions and advice on implementing DE&I with true relevance. The key takeaways I gleaned from the event are featured below in the form of an infographic ebook PDF available for download, for both management and employees’ point of view. These are the crucial steps to tearing down your old structures and building them back up again in favour of your employees and businesses long-term future. This event was created in response to all the promises we’ve heard made by the C-Suite at large who wax lyrical about the changes they intend to make in respective workplaces. So that begs the question, Just how much change has been made? What has been successful? What methods turned out to be duds? The event was timely, as it comes on the heels of last year’s Mercer report. Below are two key infographics that break down the statistics from the report on the website Consultancy. Both Mercer and Consultancy provide a comparison breakdown of Australia’s statistics on ESG and more specifically DE&I to the rest of the world as of October 2020. The above facts and figures illustrate why the fires of ESG and DE&I must be stoked. This is why ESG and DE&I need to become part of boardroom conversations globally. For ASX listed companies, implementing both ESG and DE&I are imperative measures as part of a business’s operations. For discerning investors, it’s an essential metric for their investing strategies. Companies that incorporate both practices into businesses are proving to be better investment performers than their competitors who refrain. Committing to and being an outcome focused company rates a higher ESG score allocated by credit analysts than those who perform superficial checkbox ticking exercises. Credit analysts use a variety of research methods to compile their score and recommendations including investing into companies themselves. Creating a façade of introducing the ‘right’ policies in a business, short-changes workers by avoiding the forming of real commitments to them and the environment and short-changes you as an investor. How do investors feel about ESG/DE&I focused investments? The Schroders investor information website conducted research (which I have chosen some key insights from) about how investors worldwide currently view ESG in ASX companies. Schroders sampled 23,000 investors living in 32 different locations and these statistics show a cross-section of the investment space. The sentiment is positive, and it will be interesting to see an update next year. For more expert advice on creating an ESG and DE&I positive workplace, please check out these websites: Australian Workplace Equality Index Diversity Council Australia Workplace and Gender Equality Agency The business practices of ESG and DE&I are sure to evolve, affecting the investing space, stay abreast of changes as they happen on Samso Insights. 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.












