Junior Resource Investing

"We Want to Become a Producer": CEO Brodie Sutherland What Sets TOCVAN Apart From Other Juniors

(Reuploaded with improved audio)
Make sure to use the time stamps below to navigate this longform interview.
@tocvanventures
New Resource Exploration Discord: https://discord.gg/X9mmUMtU
Written Summary and Companion Article:
This is a good one. TOCVAN is pursuing an aggressive growth strategy to get to production within a couple years. Very cheap exploration looks to be leading to very cheap production, giving TOCVAN a huge advantage over junior explorers and developers. If TOCVAN is able to execute over the coming 24-30 months, this will very quickly become a market darling. CEO Brodie Sutherland joins me to discuss his vision, his execution, and the potential and future of TOCVAN.
Time Stamps
01:00 Elevator Pitch
02:00 Discussion of float
04:00 Brodie’s Path to becoming TOC’s CEO and TOCVAN’s Team
06:45 What has Brodie had to learn on the fly to succeed as a CEO of a junior resource company
09:30 Overview of Picacho
14:45 Overview of Pilar
20:00 What are you working on to develop your targets in the expanded Pilar package? + geophys discussion
27:00 Relationships with artisanal miners
32:00 Cost of exploration
33:45 Vision of accelerated pathway to production – why it could work.
38:45 Mexico’s stance/perceived reluctance towards open pit mining
44:30 Explanation of skipping economic studies
49:30 Bulk Sample and heap leaching
53:00 Dore Bar Appearance
54:30 What is the size of the prize? Goal for ounces and tonnage from initial Pilar
57:30 Cost to get to production?
1:00:30 Financing options
1:05:30 Option Agreements for various concessions
1:06:30 Final thoughts
 
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Alaska Energy Metals: Company and Update and Intro to their High-Grade Canwell Prospect

 @AlaskaEnergyMetals 
New Resource Exploration Discord: https://discord.gg/X9mmUMtU
CEO Greg Beischer of AEMC.V sat down with me again to discuss some of the headlines his company has produced since we last spoke, including impressive drill results and initial MRE, an interesting BoD appointment, and the activity of their neighbours. We close into a bit of a deep dive into their side project the Canwell prospects which - if the current drill campaign planned for 2024 comes good - could completely alter the economics of the project.
Time Stamps
01:00 Headlines Discussion – Drilling Results Were there ever any concerns on your end that things might not come up the way you thought.
04:00 Maiden Resource Estimate
05:00 Next Drill Campaign, next MRE target size? Metallurgical Work 09:30 When will the next drill campaign begin
10:20 Mark Begitch Board Appointment
12:30 KoBold Data Sale and Company Discussion
16:00 Canwell Property Intro
18:55 How deep was historical exploration and how deep do you plan to go and geophysics discussion
25:15 Drilling on Canwell in 2024?
27:00 Final Thoughts
28:20 Vancouver Conference Season
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

FPX Announces a New Strategic Partner and CEO Martin Turenne Reflects on the Future of Mining

My first sit down with CEO Martin Turenne of FPX was a busy one. The morning of our interview, news came out that FPX had acquired another strategic partner, bringing on Japanese company Sumitomo in another major derisking event for the company. Designed with the idea in mind that FPX is already well known, topics were more involved than your typical introductory company interview. The wide-ranging interview centers on a discussion of the new partnership, conversations around ongoing First Nations negotiations, updates on FPX’s many partnerships, and a reflection on what Martin believes needs to change most for the mining industry to be able to continue to grow and meet the needs of an evolving society in a sustainable fashion.
Time Stamps:
01:00 Introducing FPX and its Baptiste Project
03:23 Sumitomo Partnership Introduction
06:30 How long was this deal in the works, where does it fit in the current cycle?
09:00 What sort of negotiation was it? Other interested parties? Strength of FPX’s dealmaking
13:40 How do you balance bringing in partners and preserving value for would-be buyers? How much of your offtake have you sold?
16:30 Update on Jogmec deal
19:15 Canada/US Federal Funding application update
21:00 First Nations Sovereignty and Negotiatons – What do they look like
29:00 Discussing the two nations FPX does not have an agreement with
30:00 How involved is the provincial and federal government in the Tl’azt’en negotiations?
34:20 Tl’azt’en Election petition to accelerate their 2025 election to 2024 of this year
35:20: BC Critical Mineral Strategy – overview
38:30 What changes would Martin like to see in our approach to how we manage our minerals?
39:30 How has your relationship with these nations evolved over time in your time as CEO?
44:10 Does the delay of the critical mineral strategy delay your environmental permitting process?
46:00 How do we get to the point where clean mining is valued in a way that priortises it over dirty mining?
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Searching for Mother Rottenstone: Previewing Fathom Nickel's High Impact Albert Lake Drill Campaign

Fathom Nickel is just 2 weeks out from spudding its hotly-anticipated 2024 winter exploration campaign at its Albert Lake property in northern Saskatchewan. For the first time, they will be drilling out their primary target (permitting issues - simple and solved - had prevented it previously). The size of this first target is truly massive and would transform the company as we know it if successful. CEO Ian Fraser joins me to discuss his plans and Albert Lake's potential. With results just a few short months away, Fathom Nickel has the chance to be one of the great discovery stories of the year.
Time Stamps:
01:18 Introduction to Albert Lake Targets
13:30 How many holes are budgeted for the primary target? How do you decide when to keep drilling or not if you find success
16:40 Other Albert Lake Targets?
22:00 Top 3 targets at Albert Lake
22:50 How big is your priority target?
26:40 Use of BHEM
28:55 Use of XRF
33:40 Core photos?
35:20 Will we see a Gochager camp this campaign?
36:18 Financing update?
37:30 Speed of Drilling
38:30 Lab turnaround
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Thesis Gold 2023 Drill Campaign Review, Part 1: Drilling out a Better mine Design at Lawyers.

Time Stamps Below
Thesis Gold (TAU.V) CEO Ewan Webster and COO Ian Harris join me to discuss the final results of their 20,000 meter drill campaign at Lawyers in 2023. Lawyers has a preexisting PEA from merged Benchmark Metals and Thesis is looking to improve the economics of it by adding a starter underground mine. Ewan and Ian to discuss how this was confirmed - or not - by 2023, how the projects are looking from a met work perspective, and what investors can look forward to in 2024 from Thesis.
02:00 How did Lawyers evolve with the 20,000 meters drilled into it this year.
04:20 Improving Economics With a Redesigned Mine
06:10 Where do Lawyers results fit into pre-drill expectations?
10:50 Any Surprises?
11:40 Are there more discoveries to be made at Lawyers?
13:40 Did you get what you came for? Are you happy with what happened?
15:50 Did you get the grade you need to make an underground starter mine viable?
22:05 Non-Drilling Chat. Discussion of Optimisation Studies – Have your plans for the UG mine changed based on these numbers?
24:50 Met works and flow sheets – how simple is it and how does Ranch and Lawyers work together
29:10 What can we expect from 2024 – timeline of catalysts
30:40 What do conferences like the upcoming VRIC offer you?
33:40 Final thoughts from Ewan and Ian
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Work to be the Best: FWZ.V’s Brandon Macdonald Long Form on Success, Infrastructure & Social License

Time Stamps Below
Companion Article and Interview Written Summary: https://juniorresourceinvesting.subst...
Join the community:   / discord  
 
I sat down with Fireweed Metals (FWZ.V) CEO Brandon Macdonald for a far-reaching discussion on Thursday, December 22. Building off implied general knowledge of Fireweed, the focus of this conversation was not so much meant to be an overview of the company as it was an opportunity to dig deeper into specific topics and concepts related to it. Brandon reflects on his own time as CEO of FWZ, the strength of his team and its teamwork, the importance of geological originality and expertise, infrastructure developments related to mining in Yukon, and more. Companion article and Written Summary on Discord.
 
Time Stamps
01:20: Brandon’s Elevator Pitch
4:00: What does 2024 look like for Fireweed?
09:35: Logic/rationale behind acquiring Gayna River
13:10: Reflections on success of Fireweed -What do you credit it to?
21:00: What is Brandon’s attitude towards watching the share price
24:00: What have you had to learn to succeed as an executive
27:20: Brandon’s attitude towards using social media to connect with shareholders
33:30: Closer Discussion of the geological model – What exactly did they do differently that is producing results?
40:00: What does Fireweed have earlier explorers didn’t 44:00: Inclusion in Silver Miner Index SILJ
50:30: Infrastructure – Skagway Port
59:00: Does critical minerals trends factor into Trail vs Skagway?
1:02:00: Yukon Resource Gateway Program
 
Disclaimer
 
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Drilling Among Giants: Sendero Resources’ Search for The Next Big Copper Porphyry Discovery

Time Stamps Below
Companion Article and Interview Written Summary: https://open.substack.com/pub/juniorr...
Join the community:   / discord  
Sendero Resources (SEND.V) has mobilised its drill rig and is just weeks away from its mid-January inaugural 4500m drill campaign on its Peñas Negras project. Staked before The Lundins made the surrounding Vicuña copper porphyry belt world famous and historically almost entirely undrilled, Sendero has a rare real shot at a potentially massive discovery over the next couple months. Executive Chairman Michael Wood joins me to discuss some of the details that makes this high-risk, high-reward opportunity uniquely powerful.
Time Stamps
01:12: Brief overview of Sendero and their Property
03:53: Strength of Sendero Team and Hernan Vera
08:03: Why has historical exploration been so limited?
11:18 Discussion of La Rioja as a Jurisdiction
15:03: How has SEND’s relationship with its larger neighbours been?
16:55: Current overhang, shares in escrow, how the stock has been trading
20:20: Geological discussion with slideshow
32:45: How does the size of your target at La Pena compare to neighbours?
37:10: Drill campaign - # of holes, # of meters
40:30: Turnaround time for labs in their area.
42:00 Final Thoughts
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Abra Silver’s Updated MRE: Better grade, better ounces, better project.

Time Stamps Below Companion Article and Summary Content: https://open.substack.com/pub/juniorr...
Join my Discord:   / discord  
Sometimes it is just obvious that a project will eventually become a mine. Abra Silver's Diablillos project is one of these. High grade, shallow, ongoing expansion, and new discoveries still lurking - it has all the trademark characteristics of a successfully exploited deposit. Even from such a strong foundation, Abra Silver improved in a material way from their recent MRE. Ignoring the resource growth, increased grade, and exciting new JAC zone being added to the mine plan for the first time, the part that caught my eye was the impressive improvements at silver recovery - improving a full 11% or more from ~73%-~84%. Their newly refined block model has also allowed Abra to better delineate their high quality ore. With a PFS due by PDAC, I am sure that it is going to have some very impressive numbers in it. This is one of those plays where, sure, you've missed out on the share price multiples that happens along the way to become such a powerful deposit, but it is very high confidence to still net you market-beating returns whenever the inevitable M&A transaction occurs, and will doubtless be a star if and when the bulls return.
Time Stamps
01:00 Brief walkthrough of the MRE Improvements
02:30 Explanation of where the new ounces are coming from
04:40 JAC starter pit grade and grade in general
07:35: Drill hole spacing for the different categories.
08:35: What is John’s Target
11:20: Further potential of other targets
12:05: Phase 4 Drilling (what’s next)
13:35: What is their plan with the copper/sulphides
20:15: What made you change your cut-off grade/block model discussion
24:00: Increased recoveries: Discussion
29:00: Strip Ratio and Depth of the Pit
32:00: Discussion on $ per oz Ag discovery ($0.17)
36:20: Final Thoughts

”We have a very nice discovery on our hands.” Why the Future is so Bright for Invictus Energy

Discord: https://discord.gg/WbPaeEjWHD
Substack: https://juniorresourceinvesting.subst...
Interview Transcript: https://docs.google.com/document/d/1H...
Overview: Scott Macmillan stopped by for another live conversation built around investor questions. Invictus is currently drilling out the sidetrack on the M-2 well in search of an agonisingly-elusive fluid sample to confirm discovery and allow Invictus to declare net pay etc. While the road thus far has been rocky, the destination remains as bright as ever. Scott shares openly on challenges and lessons learned so far during exploration, the potential Invictus' land holds, and his vision for the future after what appears to be imminent, successful, discovery announcements. No one ever accused frontier wildcat drilling of being easy, but the potential for blue sky valuation remains as compelling as ever.
Time Stamps:
00:03:12 Discussion of Mukuyu-1 Data: When will it be released? What will be released? Concerns over useability of the swc?
00:10:22 Scott’s philosophy when it comes to news releases and public sharing of data and would he change anything in hindsight.
00:18:15 M-2 Data; Seismic – calibrated?; Logs acquired in M-2
00:24:00 Pressure data
00:27:30 Thermogenic vs. Biogenic and fluid contacts and source rocks
00:34:00 Can you determine salinity on-site? On-site testing in general.
41:54 M-2 Sidetrack Discussion
52:10 Borehole conditions, discussion around drilling into differently-pressured Lower Angua
54:00 M-2ST contingency plan
1:00:00 Steps taken to reduce tool wear and damage
1:07:15 Use of LWD in case of failure? Cased Hole Testing
1:10:00 Petrophysics Discussion (salinities, on-site analysis, etc)
1:19:45 Net pay numbers – when to expect, flow-testing M-2
1:24:00 Philosophy behind farmouts and JVs – when is the right time? Followed by data room discussion
1:34:00 Forward-looking plans, what does the medium and long term future look like
1:39:45 Near-term events: Completion of side track, 6” hole extension, flow testing etc. Rig retention, well planning
1:49:20 Financial situation, cost of their various potential steps, funding opportunities moving forward, bigger, multi-well, campaigns planned, bank financing etc
 
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

”This Thing is Wide Open”: CEO Ian Fraser Discusses Fathom Nickel’s 2023 Drill Campaign Results

https://discord.gg/fa8WtMq78R
CEO Ian Fraser sat down with me again to discuss the results from Fathom's 2023 drill campaign on its Gochager Lake project. The market responded with disappointment as it was expecting ultra high-grade (and this market is swift to punish these days), but I believe there remains a lot of positives to be found in this campaign. Most importantly, it doesn't shut the door on Gochager's potential, but rather has provided Fathom with more critical data points to finetune their exploration process. Mineral exploration is a deeply iterative process, and Ian demonstrates that mindset well in this interview. Ian discusses important additions to his dataset garnered from this campaign: 1. They are increasing their understanding of the fault system that intersected the ultra high-grade mineralisation they drilled this past spring. This will allow them to chase that high grade along the footwall during their next Gochager drill campaign. 2. Ian also discussed that the directional trend of the zone was more straight north than they had anticipated. With the high-grade zone of these steep, vertical lenses just a couple hundred meters in length, missing even by a few dozen meters means you've missed by a lot. 3. BHEM has again been used effectively to identify and fine-tune targets off-hole, giving Fathom confidence that there remains high-grade zones lurking at Gochager waiting to be found. 4. Geochem work continues to be cross-referenced with their geophys and BHEM work. This again creates narrower, more specific understandings of what they are looking at - and looking for. In my thoughts, the market is punishing Fathom for two things primarily, unrelated to the actual drill results: 1. Needing money 2. No more news flow for a few months Add on the merciless nature of this market where anything less than exceptional results gets crushed, and the market response comes into focus. But the future remains remarkably bright for Fathom. Now they just need to raise money and get after it once more.
Time Stamps:
01:30 Ian Discusses How Results Matched his Expectations, including any surprised good, bad, or indifferent.
05:46 Discussion of how these results still confirm Fathom's working model, with more potential at depth
09:51 Discussion of the two extremes - large bands of low-grade mineralisation, and small, ultra-high grade vein intersects, and what that means for their exploration model. 16:28 The significance of those veins, chasing deeper, winter drill campaign plans
20:24 Importance of BHEM and Fathom's continued, growing master of this land. Further targets have already been identified.
 
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.