Company Interviews

Arafura Resources is a rare earths producer. The Company's principal activities consist of Nolans Project Environmental Impact Statement; mining and associated infrastructure, social and environmental feasibility evaluations, and mineral exploration, definition and development. Its segments include Project evaluation and development segment; Exploration segment, and Corporate segment.

Bonterra is a Canadian gold exploration company with a large balanced portfolio of exploration and mining assets including the Gladiator, Barry and Moroy deposits, Urban-Barry Mill and multiple highly prospective exploration prospects. Bonterra controls the only permitted gold mill in the region with a large land position of over 38,000 hectares in the Urban Barry Camp. Bonterra is located in the mining-friendly province of Quebec, within the Abitibi Greenstone Belt.

Unigold Inc. is a Canadian-based junior natural resource company focused on exploring and developing its gold project in the Dominican Republic- a country highly prospective for gold and polymetallic mineralization.  The 21,031 hectare Neita concession is the largest single project within the 75km-wide Cretaceous-age Tireo-formation volcano-sedimentary rocks, known for hosting major gold-copper-silver deposits.  Unigold has over 20 prospective targets within the concession, and is concentrating its activities on the Candelones deposits – a series of early VMS and disseminated deposits overprinted by epithermal feeders in acid volcaniclastic rocks.

Tesoro Resources is an Australian public company with exploration stage gold assets in Chile. Founded in 2017 by the members of the Board, Tesoro is focused on acquiring and developing high grade gold assets that have potential to be district scale mining projects.

Tesoro is managed by experienced mining professionals with strong geological and finance backgrounds as well as significant in-country expertise. Tesoro executed an earn-in agreement over the El Zorro Gold Project in 2017 from a local Chilean vendor and is currently undertaking exploration programs. The company is currently drilling at the El Zorro gold asset and they are looking to produce a maiden resource estimate shortly.

Tesoro recently had some good drill results and they are continuing to grow the deposit. They now need to produce some numbers to get the permit applications through and they see a pathway to a deposit that produces 100,000oz a year over a 10 year mine life from an open pit mine.

The resource has a boundary and a lot of drilling is planned outside that boundary which has had some big hits. There will then be in-fill drilling going forward and a scoping study will start to show the scale of the potential mine. Tesoro is budgeted and scheduled to drill right through to the end of the year to continue to grow the resource.  

The investment market is currently nervous of Chilean projects due to the forthcoming elections and this in addition to the subdued gold sector has resulted in a low share price for the company but as Tesoro moves from an exploration project to a resource definition and development project, they hope to see some value return to the stock.

Andromeda Metals is an Australian company looking to supply the world with superior quality industrial minerals. Andromeda is an emerging producer of halloysite-kaolin and they are the world leader in that sector.

Andromeda has an exciting new project in South Australia and since we last spoke to the company in November the share price has had quite a ride on the back of some good news releases. Andromeda has progressed their plant designs and they have confirmed the first binding off-take agreement and have also expanded and upgraded their resources.

Andromeda has over 11,000 retail shareholders and are now looking towards the institutional side of investors now that they have a major binding off-take agreement which underwrites the business to become significantly de-risked and so will interest these investors.

Andromeda will be looking to raise some money soon so that the project timeline doesn’t get delayed as it moves towards production. The amount of money and the timing will be confirmed by the numbers in the DFS.

During the next 6 months Andromeda plans to lock up the first 2 years of output from the Great White plant with binding off-take agreements. There are about 30,000 tonnes left to be signed up which will further de-risk the project. They are looking to complete the DFS which will produce new numbers to incorporate the paint product and could also incorporate the direct shipping ore and the concrete product and potentially the HPA too.

Andromeda applied for the mining approval application in February and this has now gone for public submission. The next stage for the company is to put in for the environmental plan for the mine. By the end of the year they expect to have the DFS and the mining approvals complete and all the binding off-takes fully locked in. There are some pretty exciting things happening for the company in the next couple of years.

Element 25, formerly Montezuma Mining Company, is a mineral exploration company. The Company is engaged in carrying out exploration on its tenements and also applies for or acquired additional tenements. Its segments include Australia and France. Its segments are engaged in the determination and assessment of the existence of commercial economic reserves, from the Company's mineral assets in its geographic location. It holds various multi-commodity exploration and mining tenements in Western Australia.

Canada Silver Cobalt Works Inc., formerly Canada Cobalt Works Inc., is a Canada-based silver-cobalt focused company. The Company is focused on exploring the Northern Ontario Silver-Cobalt Camp. Its projects include Castle Cobalt Silver Property, Beaver Cobalt Silver Property, Violet Cobalt Silver Property and Golden Corridor Zone. Castle Silver Cobalt Mine property is located approximately 85 kilometers (km) northwest of the Cobalt silver mining camp. 

Treasury Metals Inc. is a gold focused exploration and development company with assets in Canada and is listed on the Toronto Stock Exchange (“TSX”) under the symbol “TML” and on the OTCQX® Best Market under the symbol TSRMF. Treasury Metals Inc.’s 100% owned Goliath Gold Complex in northwestern Ontario has received federal government permission to proceed on final authorizations and permits, following successful completion of the environmental assessment process. Goliath Gold Complex is slated to become one of Canada’s next producing gold mines.

In addition, Treasury Metals Inc. holds a 100% interest in certain mineral claims that constitute the Lara Project, located approximately 25 kilometres west of the Village of Chemainus, Vancouver Island, British Columbia. The project hosts the Lara copper-lead-zinc-gold-silver deposit.

GoGold's Management Team are veterans of successful mine development and operation in Mexico. In addition to their extensive business and government relationships, they have the knowledge, experience and financial acumen required to turn properties into profitable producing mines.

Brad Langille, GoGold's President and CEO, is a successful mine builder. He, along with Board Chairman John Turner and other members of the senior executive have raised hundreds of millions of dollars in capital markets to bring mines into production. The founders and senior management have a proven history of strategically building ounces, forming long-term financial alliances, and creating thousands of jobs.

Utilizing their international list of institutional and retail contacts, writer's coverage, and strategic media placement, GoGold continues to aggressively market the company.

Aldebaran is a mineral exploration company that was spun out of Regulus Resources Inc. in 2018 and has the same core management team. Aldebaran acquired the Rio Grande copper-gold project located in Salta Province, Argentina from Regulus along with several other early-stage projects in Argentina. Aldebaran also has the right to earn up to an 80% interest in the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater.