THE CONFERENCE CALLER: The Resources Roadhouse will be out and about soon, this time attending the 2021 Gold Coast Investment Showcase.
It will be a perfect opportunity for us to catch up with some old chums, however a quick look at the lie up tells us that there will also be the opportunity to make new chums with a sag of companies attending that have yet to sweep across The Roadhouse radar screen.
Aurumin (ASX: AUN)
Aurumin is a gold exploration company with two advanced high-grade projects in the Southern Cross region of Western Australia.
The company listed on the ASX in December 2020 raising $7 million to fund exploration and to grow the Mt Dimer and Mt Palmer gold projects as well as leverage the skills of the well credentialled board and management team into acquisitions.
The Mt Dimer and Mt Palmer gold projects have historically produced over 125,000 ounces of gold at 6.4 grams per tonne gold and 158,000 ounces 15.9g/t of gold respectively from open pit/s and underground.
The company has built substantial tenure positions around these historical production centres and is pursuing an aggressive exploration program with the objective of identifying multiple replications of historical and remnant mineralisation.
Mayur Resources (ASX: MRL)
Mayur Resources is focused on the development of natural resources in Papua New Guinea where it has systematically progressed a diversified asset portfolio spanning cement and lime, industrial minerals and iron, and energy and power generation.
This platform has provided the foundation to drive long term shareholder value while contributing to nation-building and job creation in a country starting on the path of meaningful growth.
The company’s Central Cement and Lime project is fully permitted and shovel ready with Mayur currently undertaking offtake and funding discussions to support a staged development.
Mayur is now progressing a disaggregation strategy to unlock the full value of its portfolio.
This commenced with the spin out of its copper and gold assets into Adyton Resources, listed on the TSX Venture Exchange.
The company continues to deliver on its stated strategy as witnessed by the recent announcement of executive appointments to lead the spin out of its attractive iron and industrial sands focussed business.
QMines (ASX: QML)
QMines is seeking to become Australia’s first zero carbon copper and gold developer.
The company’s Mount Chalmers project is a high-grade historic copper and gold producer located north east of Rockhampton in Central Queensland with an existing JORC 2012 inferred resource of 73,000 tonnes copper equivalent, three Exploration Targets (JORC 2012) and a large drilling program designed to provide shareholders with leverage to a number of pricing catalysts.
Three additional projects located near Warwick and Stanthorpe in Southern Queensland include the historic Warroo Gold Mine.
Bastion Minerals (ASX: BMO)
Bastion Minerals is focused on discovering high-grade precious and base metals deposits within the mineral-rich Atacama Region of Chile.
Bastion’s strategy is to apply cutting-edge exploration techniques to make multiple discoveries on its highly prospective Capote Gold, Cometa copper and Garin gold-silver projects, which have had no modern exploration.
Exploration work is now well underway following the company’s IPO in March 2021 on its vision of becoming a mid-tier company via the development of its a quality portfolio of assets, which surround mines producing high-grade gold and copper.
Oklo Resources (ASX: OKU)
Oklo Resources has a total landholding of 1,405 square kilometres covering highly prospective greenstone belts in Mali, West Africa.
The company’s current focus is its West Mali landholding, encompassing its Dandoko project located east of the prolific Senegal-Mali Shear Zone near numerous world-class gold operations.
In April 2021, Oklo delivered an initial Measured, Indicated and Inferred JORC 2012 compliant resource of 11.3 million tonnes at 1.83g/t gold for approx. 6.68 million ounces contained gold encompassing the Seko, Koko, Disse and Diabarou deposits, which all remain open and are expected to grow with ongoing drilling either along strike or at depth.
The company has a corporate office in Sydney, Australia and an expert technical team based in Bamako, Mali, led by Dr Madani Diallo who has previously been involved in several discoveries totalling circa 30 million ounces gold.
Tambourah Metals (ASX: TMB)
Tambourah has issued a prospectus to raise a minimum of a $5 million to a maximum of $8 million to list on the ASX.
Projects in the Pilbara include the advanced Tambourah and Cheela gold projects and the Julimar North and Achilles nickel-PGE exploration projects.
The company intends to commence magnetic surveys at Julimar North shortly after listing.
The details of the proposed fund raising is on the company website.
Renegade Exploration (ASX: RNX)
Renegade Exploration is focused on projects in Tier One jurisdictions, including a base metal deposit in the Yukon Canada, a gold exploration project located in the Yandal region of Western Australia and has recently acquired an interest in the MIM/Glencore managed Carpentaria Joint Venture, which has advanced copper projects in the prolific Cloncurry region of North Queensland.
Renegade is poised for an exciting period as it focuses on the advanced copper projects in Queensland and the Yandal East project which has drill ready targets.
Elementos (ASX: ELT)
Elementos hopes to become a major tin producer through the development of its two world class tin projects.
The company’s Oropesa tin project in Spain is one of the world’s highest grade, lowest cost tin projects.
Resource drilling and feasibility work programs are currently underway to increase the confidence of Oropesa’s Mineral Resource and prepare the understanding of the asset for a Feasibility Study.
The company is also progressing opportunities to further unlock value from the Cleveland tin project in Tasmania.
The Cleveland project contains a large Mineral Resource of tin-copper amenable to both open cut and underground mining techniques, located in a world-class mining district with excellent infrastructure.
As tin prices reach 10-year highs and as tin’s critical requirements are better known, Elementos is well-positioned to help fill the significant supply shortfall in coming years.
Thomson Resources (ASX: TMZ)
Thomson Resources holds a diverse portfolio of minerals tenements across gold, silver and tin in New South Wales and Queensland.
The company is implementing an aggressive “Fold Belt Hub and Spoke” consolidation strategy in the NSW and Qld border region on key projects, including the Webbs and Conrad silver projects, Mt Carrington silver-gold project, Texas silver project – including the Silver Spur mine, as well as the Hortons gold project.
Thomson’s strategy has been designed and executed in order to create a large precious (silver – gold), base and technology metal (zinc, lead, copper, tin) resource hub, with a targeted, aggregate, in ground material available of 100 million ounces of silver equivalent, that could be developed and potentially centrally processed.
Thomson is also progressing exploration activities across its Yalgogrin and Harry Smith gold projects and the Bygoo tin project in central NSW, as well as the Chillagoe gold and Cannington silver projects located in Queensland.
Queensland Pacific Metals (ASX: QPM)
Queensland Pacific Metals aims re-energising Australia with critical battery metals production through construction of its Townsville Energy Chemicals Hub – the TECH project.
The TECH project will sustainably process high-grade nickel-cobalt laterite ore sourced from New Caledonia into nickel sulphate, cobalt sulphate and high purity alumina (HPA), all of which are key components for batteries within the high growth EV sector.
The company has already attracted the attention of word class, bankable offtake partners with MoUs in place with market leaders LG Chem and Samsung SDI.
QPM is currently undertaking a Definitive Feasibility Study for the TECH project and is aiming to commence construction in 2022.
Medallion Metals (ASX: MM8)
Medallion Metals is focused on increasing the established resources at its 100 per cent-owned Ravensthorpe gold project (RGP), 550 kilometres south-east of Perth.
Located in an historically proven mineral field, the RGP hosts a high-grade resource of 674,000 ounces gold at 2.4g/t gold with the deposits open at depth and along strike.
In addition to the near mine potential, Medallion’s ground holding represents an exciting belt scale advanced exploration opportunity, which the company is confident will grow to one day support a long life, low-cost gold mine.