Mining Stock Education

High-Grade Gold in a Premier Mining District with Trillium Gold Mine’s CEO Russell Starr


Listen Later

Trillium Gold Mines has previously seen bonanza gold grades up to an astonishing 139 g/t at its 100% owned flagship Newman Todd project in the premier Red Lake mining district in Canada. Of the project’s historic 109 drill holes 41% intersected >10 g/t gold. The most-recent drill results (January 12, 2021) saw visible gold in three out of five holes and had drilling intersects of 16.1 g/t gold over 3.9m, 124.66 g/t gold over 0.24m, and 49.56 g/t gold over 0.3m. There are still four holes from 2020 drilling that remain at the assay labs and the company is embarking upon a massive 25,000 – 35,000 metre drilling program. Newman Todd has only been drilled to depth of 400m, while high grade gold resources in the Red Lake Camp extend well beyond 2,000 metres. Therefore, Trillium expects the exploration success they have experienced thus far at Newman Todd to continue and become even more impressive.
Trillium Gold is also targeting a 2,000-metre drill program at its 80% owned Gold Centre project. This close-ology play is just 300 metres from Evolution Mining’s Campbell-Red Lake Mine, which has produced 23.8M oz of gold at greater than 16 g/t. The upcoming Gold Centre drill program seeks to show that the Red Lake Mine’s gold mineralization continues onto Trillium’s property. If successful this would immediately add tremendous value and the project would become the envy of Evolution Mining. CEO Russell Starr believes a suitable comparable to the Gold Centre project is Gold Eagle Mines which sold for C$1.5B to Goldcorp over a decade ago. Trillium’s market cap is under C$60 currently.
Although cashed-up after raising over C$13M in October 2020, Trillium Gold also is seeking to acquire a cash-flowing gold producer within the next three to six months to further fund its aggressive exploration. CEO Russell Starr stated: “I want to run a business. I want it to be profitable. And clearly exploration is not profitable. It's a consumer. So, we want to get to a point where we can have these world-class properties, plus some production to finance the exploration. And then, you get a really appealing investment opportunity for retail and institutional, because quite bluntly, it hasn't been done in decades.”
In this interview, CEO Russell Star sets forth Trillium Gold Mines’ investment value proposition. Russell Starr is an entrepreneur and financial professional, focused on private and public mining & exploration, corporate advisory, corporate development, and M&A. Mr. Starr has over 20 years of corporate finance, M&A, investment and business development experience. Mr. Starr held senior positions and advisory roles with financial institutions including RBC Capital Markets, Scotia Capital, Orion Securities, Blackmont, Lawrence and Company, where he helped raise over a billion dollars for junior and mid-tier companies. Mr. Starr is also a co-founder and part owner of Echelon Wealth Partners, a large Canadian investment dealer. After leaving Bay Street, he held executive positions at Cayden Resources and Auryn Resources. As Senior Vice President with Cayden Resources, and board member, Russell was integral in the marketing, financing, development and ultimate sale of Cayden for CAD$205 million to Agnico Eagle.
https://trilliumgold.com/ TSX.V:TGM -- OTCQX:TGLDF
0:00 Introduction
1:44 CEO Russell Starr’s background
4:45 Technical Team with 100 yrs combined experience in Red Lake
7:03 Flagship Newman Todd high-grade gold project
8:34 100% owned Newman Todd Southwest Extension (formerly Rivard)
11:21 Gold Centre project adjacent to Evolution’s Red Lake mine
13:18 Cashed up treasury & engaged in massive drill program
14:55 Recent & coming drill results
17:40 Business plan and Trillium’s current valuation
20:00 Pursuing near-term cashflow via acquisition
23:50 “You need to hold management accountable”
24:30 Russell’s “skin in the game”
25:25 Management & insiders’ ownership
TGM is an MSE sponsor. https://www.miningstockeducation.com/disclaimer/
...more
View all episodesView all episodes
Download on the App Store

Mining Stock EducationBy Bill Powers

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

134 ratings


More shows like Mining Stock Education

View all
The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,686 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,067 Listeners

Sprott Money News by Sprott Money

Sprott Money News

149 Listeners

Mining Stock Daily by Trevor Hall

Mining Stock Daily

96 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

262 Listeners

Money of Mine by Mineral Media

Money of Mine

23 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,031 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

468 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,339 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

114 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

75 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

374 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

72 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

414 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

46 Listeners