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Interview with Patrick Cruickshank, Director & CEO of Nine Miles Metals Ltd.
Recording date: 20th May 2024
Nine Mile Metals (CSE:NINE) is a junior exploration company focused on discovering copper-rich volcanogenic massive sulfide (VMS) deposits in the world-class Bathurst Mining Camp (BMC) of New Brunswick, Canada. With a dominant 100 square kilometer land position, a target-rich environment, an aggressive exploration program, and a management team with significant skin in the game, Nine Mile offers investors a compelling opportunity for outsized returns through discovery.
The BMC is a premier jurisdiction for VMS deposits, hosting 45 deposits with an estimated 70% of the district's potential remaining to be unlocked. Nine Mile has consolidated key ground in this camp and identified 11 high-priority VMS targets to date using a combination of advanced geophysics, artificial intelligence, and boots-on-the-ground fieldwork.
Nine Mile's flagship Wedge project is the most advanced, where ongoing drilling is demonstrating expansion potential along strike and at depth. Highlights include upper zone 15.50m assaying Cu-Eq of 1.98% and lower zone 3.12m assaying Cu-Eq of 2.29%. Upcoming catalysts include borehole EM results to refine follow-up targets and an updated geological model incorporating 183 historical drill holes.
Proof-of-concept drilling at the nearby California Lake project hit visible VMS mineralization in 8 out of 11 holes, confirming the potential of Nine Mile's exploration methodology. The No.6 target at California Lake is a high-priority target for 2024 which may represent the source of this mineralization.
New Brunswick is a top-tier mining jurisdiction and confers significant advantages for VMS exploration. Drilling costs are very low at less than C$100/meter, enabling rapid and cost-effective advancement. Management is aligned with shareholders, with insiders owning approximately 34% of the company. Nine Mile is well-funded following a $1.5M flow-through financing in early 2024.
The macroeconomic picture is also highly favorable for copper explorers like Nine Mile. Copper demand is expected to surge due to electrification and the global energy transition, while supply faces structural deficits from years of underinvestment, declining grades, and scarcity of new development projects.
In a world desperate for new copper supply, Nine Mile Metals offers investors excellent exposure to a company making exciting discoveries in a Tier 1 jurisdiction. With a proven exploration model, a skilled management team, and multiple shots on goal across a district-scale land package, Nine Mile is well positioned to deliver significant shareholder value in the near to medium term. Near-term catalysts will be ongoing drill results from Wedge and California Lake, as well as geophysical survey results to refine additional targets in the portfolio. Investors can look forward to a high-impact exploration program over the balance of 2024 as this compelling story continues to unfold.
View Nine Mile Metals' company profile: https://www.cruxinvestor.com/companies/nine-mile-metals
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Mark Selby, CEO of Canada Nickel.
Our previous interview: https://www.cruxinvestor.com/posts/canada-nickel-tsxvcnc-advancing-a-world-class-nickel-sulfide-project-5048
Recording date: 16th May 2024
Canada Nickel is advancing the Crawford nickel sulfide project, which is already the world's second largest nickel sulfide resource and reserve. They are also unlocking the potential of the Timmins nickel district in Ontario, Canada which could become the world's largest nickel sulfide district.
With $35 million in funding secured in early 2024, Canada Nickel is executing on plans to grow the resource. Recent drilling at their Reid property suggests it has potential for a much larger, lower-strip ratio resource than their flagship Crawford deposit. Over the next 12 months, the company aims to publish 7 additional resources (totalling 8, including Crawford) with the potential for 6 additional discoveries in the district.
Preliminary metallurgical testing at two other properties (Reid and MacDiarmid) using the same flowsheet as Crawford achieved the targeted 58-59% nickel recoveries and concentrate grades. This suggests the company can replicate the Crawford process at other deposits. From initial resource to full feasibility study at Crawford, it took just over three years—this timeline could be reduced for their other projects.
Canada Nickel expects to have the Crawford project fully permitted and financed by the end of 2024. A feasibility study showed a robust 18% after-tax IRR for Crawford inclusive of carbon capture credits. Although the nickel grade is relatively low, the scale (40+ year mine life), location and existing infrastructure make it highly economic. The after-tax NPV was US$2.5B (C$3.5B) compared to the company's C$250M market cap.
Anglo American, Glencore and Samsung SDI are cornerstone investors in Canada Nickel, validating the company and project. Canada Nickel is partnered with Ausenco, who have a strong track record of delivering base metal projects on time and budget, significantly de-risking the project.
The Timmins region has significant infrastructure advantages (skilled labor, low-carbon grid power, highway and rail access) that enable development of large, lower-grade nickel deposits. Selby believes the district could produce the equivalent of 5 Crawford-sized mines over the next 10-15 years to meet the explosive growth in nickel demand from EVs.
With the U.S. and Europe looking to secure domestic critical mineral supply chains and reduce reliance on China and Indonesia, Selby sees bifurcation of the nickel market, with consumers demanding "green" nickel. Canada Nickel is well positioned to help fill the supply gap for clean, ethical nickel in the coming years.
The nickel price has performed well, reaching near $20,000/t - Selby sees potential for further gains as most analysts are underestimating demand growth which has been over 10% annually so far this decade.
In summary, Canada Nickel offers compelling exposure to rising nickel demand, with a large, scalable and well-located nickel sulfide resource in a Tier 1 jurisdiction. Near-term catalysts include financing/permitting of Crawford, resource growth, and new discoveries.
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Learn more: https://cruxinvestor.com/companies/canada-nickel
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Nic Earner, Managing Director of Alkane Resources Ltd.
Our previous interview: https://www.cruxinvestor.com/posts/alkane-resources-asxalk-growing-gold-production-and-advancing-copper-gold-project-3936
Recording date: 15th May 2024
Alkane Resources (ASX:ALK) presents a compelling investment case as an established Australian gold producer with a robust growth pipeline. The company's flagship Tomingley Gold Operations in New South Wales has been producing for nearly a decade, with a clear path to grow production to over 100,000 ounces per year at all-in sustaining costs below A$2,000/oz.
Alkane is nearing the end of a significant investment phase at Tomingley, with key expansion projects including a paste fill plant and flotation circuit due for completion in Q4 2024. As Managing Director Nic Earner explains, this positions the company for a step-change in production and profitability: "December quarter for us should be the inflection point of spending versus cash build again"
The potential for near-term cash generation and shareholder returns is complemented by Alkane's exceptional exploration upside. The company's Boda prospect at the Northern Molong Porphyry Project in NSW has delivered some of the world's best porphyry gold-copper drilling results in recent years. With a maiden resource of over 10 million gold equivalent ounces, Boda is shaping up as a globally significant discovery with potential for large-scale, low-cost development.
While Alkane has the technical capabilities to develop Boda independently, the scale of the opportunity may require a larger balance sheet. Alkane is completing a scoping study to assess throughput options and is open to strategic partnerships to help fund and develop the project. As Earner notes, the company will pursue transactions that recognize the value of exploration work to date and maintain an achievable development timeline.
Alkane's management and technical teams have a strong track record of discovery and development in NSW. The company has delivered several projects from exploration through to production over the past decade and has secured more mining approvals in the state than any of its peers. This in-house expertise reduces execution risk for Alkane's growth projects.
From a macro perspective, the outlook for gold is constructive with a weaker Australian dollar and persistent inflation concerns likely to support the gold price. Australian gold producers are trading at attractive valuations relative to their North American peers, with Alkane's enterprise value around A$350 million or just 0.7x its consensus net present value (P/NAV).
In summary, Alkane Resources offers a rare combination of near-term production growth, world-class exploration upside, and a proven management team. With a market capitalization of just A$359 million, the company is undervalued relative to its peers and the quality of its underlying assets. As Alkane delivers on its growth objectives and advances its exploration pipeline, there is potential for significant share price appreciation.
View Alkane Resources' company profile: https://www.cruxinvestor.com/companies/alkane-resources
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Michael Hodgson, CEO of Serabi Gold PLC
Our previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lse-srb-advancing-brazilian-gold-assets-towards-60000-ounce-potential-5221
Recording date: 16th May 2024
Serabi Gold is positioned to deliver significant production growth over the next two to three years while minimizing capital requirements by utilizing an innovative development approach at its Coringa project in Brazil. In a recent interview, CEO Mike Hodgson outlined the company's plan to leverage ore sorting technology to produce a high-grade concentrate at Coringa which can then be trucked to Serabi's existing Palito processing plant. This approach eliminates the need to construct a new plant at Coringa, greatly reducing capex and accelerating the timeline to production.
The ore sorting and trucking strategy is expected to yield a step-change in production, nearly doubling output from 38,000 ounces this year to 60,000 ounces within the next 2-3 years. Importantly, this growth will be entirely funded by internal cash flow. As Hodgson stated, "We're not looking for money. We can fund it ourselves - we're just better utilizing the Palito plant. That's the beauty of it - it's a really cheap, capital-light way of literally nearly doubling our production."
Several key catalysts are on the horizon as Serabi moves to implement the Coringa plan. A new preliminary economic assessment (PEA) is underway incorporating the ore sorting and trucking scenario, with results expected in July or August. Additionally, the ore sorter has already been shipped, the crushing plant for Coringa is being renovated, and civil works are underway. Hodgson expects the ore sorter to be commissioned and operational by the end of September, setting the stage for a significant grade and production increase beginning in Q4 2024.
Beyond the near-term growth from Coringa, Serabi sees substantial exploration potential at both Coringa and its Palito mine. The company is investing $2 million in brownfields exploration this year, funded by operating cash flow, with the goal of expanding resources. Coringa, which currently hosts 500,000 ounces of gold, is seen as particularly prospective. "Coringa is a completely undrilled deposit," noted Hodgson. "The resource can be doubled. When you double that resource, you can increase the production rate even more."
Longer-term, Serabi has outlined a pathway to grow production organically to the 100,000 ounce per year level through a combination of resource expansion and incremental plant optimizations. With multiple production growth drivers and a proven management team at the helm, Serabi appears well-positioned to deliver shareholder value in a rising gold price environment. As Hodgson summarized, "When people see the PEA coming in, they see that ore sorter working, they see Q4 and what it's really doing to the grades...We are going to go from our current plan this year of 38,000 ounces to 60,000 ounces in the next 2.5 years."
For investors, Serabi offers a compelling mix of near-term catalysts, fully-funded organic growth, and significant exploration upside. With a market capitalization of just £55 million, the company's shares appear attractively valued relative to the growth potential. As the Coringa development plan advances and the company continues to derisk and expand its production profile, Serabi has the potential to re-rate significantly higher.
View Serabi Gold's company profile: https://www.cruxinvestor.com/companies/serabi-gold
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.
Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-restarting-high-grade-gold-mine-in-guayana-5015
Recording date: 14th May 2024
Omai Gold Mines Corp. (TSXV:OMG) presents a compelling investment opportunity as it advances the past-producing Omai gold mine in Guyana towards renewed production. With a substantial 4.3 million ounce resource, a positive preliminary economic assessment (PEA), and significant exploration upside, Omai is well-positioned to create value in a rising gold price environment.
The company's flagship asset is the Omai gold project, a past-producing mine with existing infrastructure and a large resource base. The project hosts 4.3 million ounces of gold across two deposits – the open-pittable Wenot deposit and the Fennell underground deposit. Omai's recent exploration efforts have focused on the Wenot deposit, which contains 2.4 million ounces and forms the basis for the recent PEA.
The PEA demonstrates the Omai project's robust economics and provides a blueprint for restarting production. The study outlines a 13-year open pit operation producing an average of 142,000 ounces of gold per year at all-in sustaining costs of US$1,009 per ounce. At a gold price of $1950, the project generates an after-tax NPV5% of US$556 million and an IRR of 19.8%. Importantly, the PEA only considers the Wenot open pit deposit, with the Fennell underground deposit and other exploration targets providing additional upside.
Omai's large resource base provides the foundation for a long-life mining operation, with significant potential to expand the resource through exploration. Infill drilling below the Wenot PEA pit is expected to upgrade a further 500,000 ounces for inclusion in future economic studies, while step-out drilling aims to extend mineralization to the south. The Fennell underground deposit adds a further 1.8 million ounces not considered in the PEA, with thick zones of mineralization and a relatively shallow depth providing an attractive underground mining target. Several near-surface targets around the Wenot pit could also add higher-grade feed in the early years of mining to enhance economics.
Omai benefits from its history as a past-producing mine, with existing infrastructure and a wealth of historical data providing a head start on development. The company is taking a dual-track approach, conducting infill and expansion drilling to grow the resource base while concurrently advancing engineering and permitting to fast-track the project to production. Management aims to move directly from the PEA to a pre-feasibility study, targeting a streamlined path to production.
The Omai project is led by an experienced management team with a track record of successfully advancing projects. CEO Elaine Ellingham, a geologist with over 30 years of industry experience, has assembled a strong technical team including a country manager who previously worked at the Omai mine. The Guyanese government is also highly supportive, eager to see the economic benefits of restarting production.
Omai represents a unique opportunity in the junior gold space, combining a large resource base, robust economics, and a clear path to production in a mining-friendly jurisdiction. With a rising gold price driving increased M&A activity, the company's 4.3 million ounce resource and potential for further growth make it an attractive acquisition target. Yet Omai trades at a significant discount to peers and the project's NPV, providing a compelling entry point for investors. As the company advances the Omai project and grows its resource base, it is well-positioned to re-rate and create significant shareholder value.
View Omai Gold Mines' company profile: https://www.cruxinvestor.com/companies/omai-gold-mines
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Jon Bey, CEO of Standard Uranium Ltd.
Our previous interview: https://www.cruxinvestor.com/posts/standard-uranium-tsxvstnd-project-generator-model-with-extensive-exploration-5128
Recording date: 16th May 2024
Standard Uranium is an attractive opportunity for uranium investors, with a prospective project portfolio in Saskatchewan's Athabasca Basin, a top global jurisdiction for high-grade uranium discoveries. The Canadian junior explorer has assembled an enviable land package, headlined by its flagship Davidson River project, and recently shifted to a savvy project generator model which minimizes dilution while allowing for steady news flow from a pipeline of partner-funded projects.
CEO John Doe has positioned Standard Uranium for an active and catalyst-rich 2024. With $1.4 million in the treasury and an ongoing $3 million capital raise, the company is well funded to execute on its ambitious plans. Out of 11 total projects, 7 will see exploration this year including 4-5 drill programs. The key focus will be on Davidson River, where Standard sees potential for a basement-hosted deposit analogous to NexGen Energy's Arrow discovery. A 5,000-6,000m summer drill program is planned to vector in on that Tier 1 potential.
Meanwhile, the project generator portfolio provides multiple shots on goal via partner-funded drill programs. Previous drilling at Atlantis hit uranium mineralization in 5 out of 5 holes, an impressive hit rate, while the Canary and Sun Dog projects will also see first-pass drilling funded by JV partners. These partners can earn a 75% stake by spending $6-7 million over 3 years, with Standard receiving cash and shares plus a 10-12% operator fee for managing the projects.
This unique model allows Standard to focus its own raise dollars on Davidson River while bringing in $100,000-$200,000 per month in partner payments to cover overhead. It's a smart strategy for weathering the junior resource bear market and provides a platform for growth as the uranium market heats up. With the global push for carbon-free energy accelerating post-COVID, uranium prices look poised for a significant run as demand outstrips supply.
For investors, Standard Uranium offers a compelling combination of discovery potential, a savvy business model, strong funding, and a tight share structure. Speculative resource investors can initiate a position ahead of first-pass drill results from Atlantis, Canary and Sun Dog as well as a potential major discovery at Davidson River. Any one of these could serve as a significant catalyst against a backdrop of rising uranium prices as nuclear energy sees a global renaissance.
The key risks relate to the early-stage nature of the projects and the possibility of disappointing drill results. However, these are mitigated by the multiple projects being advanced simultaneously, the proven uranium endowment of the Athabasca Basin, and management's strong technical acumen. With a market capitalization of just C$8.5 million, Standard Uranium is an attractive, well-rounded way to play the unfolding uranium bull market with significant upside potential.
View Standard Uranium's company profile: https://www.cruxinvestor.com/companies/standard-uranium
Sign up for Crux Investor: https://cruxinvestor.com
Interview with John Cash, CEO of Ur-Energy Inc. and Mark Chalmers, President & CEO of Energy Fuels Inc.
Recording date: 13th May 2024
The uranium market is in the early stages of a powerful resurgence that is capturing the attention of investors globally. The bullish investment thesis is underpinned by two key factors: accelerating demand for carbon-free nuclear energy, and intensifying challenges to scaling up uranium supply. The collision of these two forces sets the stage for a sustained period of higher uranium prices, creating a compelling opportunity for investors to gain exposure to the space.
On the demand side, the growth outlook for nuclear power has rarely been stronger. Governments worldwide are increasingly turning to nuclear energy as a critical tool for meeting ambitious decarbonization targets. The urgency of the climate crisis is overriding longstanding public and political opposition to nuclear power, resulting in a wave of new reactor construction and life extensions for existing fleets.
China is leading the charge, with plans to expand its nuclear capacity from around 50 GW to 120 GW by 2030. India, Russia, and South Korea also have ambitious buildout plans. Even in the U.S. and Europe, where nuclear growth has long been stagnant, there is a growing recognition that reactors will be needed to displace coal and gas generation.
All told the International Atomic Energy Agency expects global nuclear-generating capacity to nearly double by 2050 in its high-case scenario. This translates into substantial demand growth for uranium, which fuels the nuclear reaction process. The World Nuclear Association forecasts annual uranium demand rising from 79.6k tonnes in 2021 to 112.3k tonnes by 2035, a 41% increase.
However, the uranium industry faces daunting challenges in scaling up supply to meet this projected demand growth. The bear market of the past decade saw exploration and development spending plummet as low prices made new projects uneconomic. Now, companies are grappling with chronic labor shortages, cost inflation, heightened regulatory scrutiny, and exorbitant capital requirements that make it exceedingly difficult to bring new production online.
As Ur-Energy CEO John Cash explains, "Everyone's facing challenges post-COVID with manpower shortages, shortages of supplies, that just really tend to draw out the time it takes to get into production. We're seeing them virtually with every producer around the world. Ultimately, that is going to affect price going forward."
Energy Fuels CEO Mark Chalmers echoes this sentiment, noting, "It's a new gear here and unfortunately, in the mining business as a whole, it is hard to deliver projects on time, at capacity, and at costs where you're profitable."
Indeed, most industry estimates suggest the uranium price needs to at least double to incentivize enough new mine supply to close the impending deficit. And even then, permitting and construction timelines stretching out 5-10 years or more mean it will be a long time before those new pounds hit the market in meaningful quantities. The recent U.S. ban on Russian nuclear fuel imports after the Ukraine invasion has only exacerbated the tightening supply picture.
This widening disconnect between rising demand and stagnant supply will likely force utilities to more aggressively compete for the limited uranium available in the market. Ultimately, the clearing price will need to rise to levels that incentivize new production, a process that could take years to play out.
In the meantime, investors will likely reap the benefits as uranium equities rerate higher to reflect the strengthening fundamentals. The key is to focus on companies with proven, low-cost production capacity that can be scaled up quickly. Firms with strong balance sheets, permitted projects, and exposure to rising long-term contract prices are particularly well-positioned.
While risks around global growth, capital availability, and the pace of nuclear energy adoption remain, it's hard to ignore the potency of the uranium bull case. The world needs more carbon-free baseload power, and nuclear is the only answer at scale. As the uranium supply-demand imbalance comes to a head, investors who are along for the ride stand to generate substantial returns in the years to come.
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Learn more: https://cruxinvestor.com/companies/energy-fuels
https://cruxinvestor.com/companies-ur-energy
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Lindsay Reed, CEO of Minbos Resources (ASX:MNB)
Our previous interview: https://www.cruxinvestor.com/posts/minbos-resources-mnb-taking-advantage-of-rising-phosphate-prices-2011
Recording date: 14th May 2024
Minbos Resources, an Australian company listed on the ASX, is developing Angola's promising Cabinda phosphate project. The project offers an attractive investment opportunity in the growing African agricultural sector with a large, high-grade resource, low projected costs, and strong domestic demand.
The Cabinda project boasts a JORC resource of 8 million tonnes at 30% P2O5 content. Minbos plans to produce a phosphate rock concentrate well-suited for direct application as fertiliser in the Angolan market. CEO Lindsay Reed highlights the product's high citrate solubility, ideal for Angola's phosphate-deficient soils.
The project's initial capex is estimated at just US$24 million, with a quick projected payback of 2 years. Operating costs are forecast at a competitive $117/tonne, providing strong margins at current phosphate prices. Minbos aims to start construction in July 2024 and achieve first production for the 2025/26 cropping season.
Minbos is uniquely focused on supplying the domestic Angolan market. Despite vast agricultural potential, Angola currently imports nearly all of its fertiliser. The government has prioritised food security and incentivised local fertiliser production. Minbos has signed an offtake MOU with Grupo Carrinho, a major Angolan food producer, for approximately 80% of the project's initial 200,000 tonne per annum output.
The company has conducted extensive field trials in Angola, demonstrating yield increases of up to 300% using its phosphate product. With millions of smallholder farmers and significant undeveloped arable land, Angola's fertiliser demand is set to grow substantially.
The Angolan government strongly supports the Cabinda project, granting Minbos a preferential 6.1% tax rate. The company has also secured $14 million in debt financing from the South African IDC, which sees the project as aligning with regional development goals.
While the initial project scope targets 200,000 tpa of production, the facilities are designed to enable a low-cost expansion to 400,000 tpa. Minbos is exploring opportunities to serve export markets beyond Angola. Additionally, the company is studying green ammonia production in Angola, leveraging the country's low-cost hydroelectric power to potentially offer a more complete fertiliser product range.
Minbos stands out among the few junior companies with African phosphate projects. Peers include Avenira, Kropz Plc, and Ikwezi Mining. Minbos differentiates itself through its Angola focus, low costs, strategic partnerships, and low capex requirements.
The investment thesis for Minbos centers on its exposure to the expected growth in fertiliser demand across sub-Saharan Africa, its low-cost and high-margin project, binding off-take agreement, strong government support, expansion and diversification potential, and valuation upside as it transitions to production.
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View Minbos Resources' company profile: https://www.cruxinvestor.com/companies/minbos-resources-limited
Sign up for Crux Investor: https://cruxinvestor.com
Interview with David Kelley, President & CEO of Chakana Copper
Our previous interview: https://www.cruxinvestor.com/posts/chakana-copper-tsx-v-peru-pivotal-3000m-drill-program-for-tier-one-potential-in-peru-5047
Recording date: 10th May 2024
Chakana Copper (TSX-V: PERU) is a Canadian mineral exploration company that is making significant strides in advancing its flagship Soledad project, located in the prolific Ancash mining district of Peru. The company's focus on high-grade copper, gold, and silver mineralization has positioned it as an attractive investment opportunity for those seeking exposure to the growing global demand for these metals.
Since 2017, Chakana Copper has been systematically exploring the Soledad project, which now encompasses a impressive 4,200 hectares of highly prospective land. The company's efforts have been rewarded with the discovery of numerous high-grade, outcropping tourmaline breccia pipes, which have consistently delivered strong copper, gold, and silver grades.
Recent drilling at the Estremadoyro breccia pipe has further highlighted the potential of the project, with intercepts of 1% copper, 0.6 g/t gold, and 26 g/t silver, equating to an impressive 1.65% copper equivalent grade. The presence of high-grade copper minerals such as bornite intergrown with chalcopyrite suggests the potential for even higher grades as exploration continues.
In addition to the high-grade breccias, Chakana Copper is also excited about the potential of its Mega Gold porphyry target. Porphyry deposits are known for their large size potential, and early indications from drilling at Mega Gold are encouraging. Visual observations of alteration and the presence of key minerals such as chalcopyrite and molybdenite suggest that the company may be onto a significant discovery.
Chakana Copper is currently in the midst of a 3,000-meter drill program, which is now being expanded based on the positive results received to date. This expansion is being supported by Gold Fields, a major shareholder in the company, which is a strong endorsement of the project's potential.
For investors, Chakana Copper offers a unique opportunity to gain exposure to a major new copper-gold-silver discovery in a well-established mining jurisdiction. The company's strong technical team, backed by supportive shareholders and a tight share structure, is well-positioned to unlock the value of the Soledad project as exploration continues.
With the global demand for copper, gold, and silver expected to remain strong in the coming years, driven by the growth of renewable energy, electric vehicles, and infrastructure development, Chakana Copper is poised to benefit from its strategic position in the market.
As the company continues to advance the Soledad project, investors can look forward to a steady stream of news flow, including drill results and resource updates, which have the potential to re-rate the stock as the true scale of the discovery becomes apparent.
In summary, Chakana Copper represents a compelling investment opportunity for those seeking exposure to the next major copper-gold-silver discovery in Peru. With a large, prospective land package, high-grade results, and a promising porphyry target, the company is well-positioned to deliver significant value to shareholders in the near term and beyond.
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Learn more: https://cruxinvestor.com/companies/chakana-copper
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Victor Cantore, President & CEO of Amex Exploration Inc. and Ian Stalker, Strategic Advisor of Pasofino Gold Ltd.
Recording date: 2nd May 2024
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Learn more: https://cruxinvestor.com/companies/amex-exploration
https://cruxinvestor.com/companies/pasofino-gold
Sign up for Crux Investor: https://cruxinvestor.com
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