Meeting Overview The meeting featured presentations from executives of Western Copper and Gold and North Arrow Minerals, focusing on the development of their respective mining projects. Key highlights included updates on the Casino Copper Gold Project and the Nauja diamond project, along with insights into market conditions and future plans. Key Discussion Points - Overview of the Casino Copper Gold Project by Paul Wessels, including resource estimates and economic viability. - Discussion of the recent feasibility study results, highlighting a strong IRR and net present value. - Strategic partnership with Rio Tinto and its implications for the project's future. - Ken Armstrong's presentation on North Arrow Minerals, emphasizing the diamond market's current state and the Nauja project. - Insights into the declining diamond production and increasing demand for jewelry. - Details on the evaluation of fancy colored diamonds from the Nauja project and their potential impact on valuation....
Bianca Pisciola is a co-founder and CRO of 6ix, a capital markets technology platform. Through 6ix, she has deployed data-driven investor relations technology for more than 100 public mining companies, including Endeavour Mining and McEwen Mining.
Bianca is on the founding team of Save Canadian Mining, an advocacy group dedicated to reinstating the tick test within Canadian capital markets. Other members of the founding team include Eric Sprott, Rob McEwen, Keith Neumeyer, Sean Roosen, and other leaders of the industry.
She also sits on the board of One Silver Lining, a Canadian non-profit organization she founded, supporting youth through conferences, benefit concerts, TEDx talks, and scholarships.
Replay transcript excerpt
Speaker 1: Hi everyone, my Speaker 1: name Speaker 1: is Speaker 2: Paul Wessels. I'm the President and CEO of Western Copper and gold. Western Copper and Gold is a single asset development company. We're developing the Casino Copper Gold Project located up in the Yukon. Speaker 2: The Casino Project is 1 of the largest copper gold projects in Canada and actually 1 of the largest copper gold projects in the world. The project contains close to 11 billion pounds of copper, 21 million ounces of gold, and significant mol of denim and silver. When you actually benchmark this project, Speaker 2: this is the 5th largest undeveloped Speaker 2: copper gold project controlled by a junior mining company in the world. Speaker 2: This is a project that we've been developing for a number of years, but really the past 3 years have been by far the most exciting years in the development of the company. Speaker 2: In 2020, we essentially doubled the overall resource. Speaker 2: We go to 2021, Speaker 2: we bring Speaker 2: out a PEA on the project, Speaker 2: looks very, very good. Speaker 2: Jump to 2022, Speaker 2: 2022 here, we have a feasibility study that we just came out. The other key development Speaker 2: with the company Speaker 2: is that we brought in Rio Tinto as a strategic partner. Speaker 2: But 1st let's talk about that feasibility study. So this is a feasibility study up to date, came out in June of this year, includes all of the escalation, all of the inflation that we've seen over the year or over this past 12 months. Speaker 2: 18.1% Speaker 2: IRR, Speaker 2: 2.3 Speaker 2: billion net present value at 360 copper and $1, 700 gold. Speaker 2: Absolutely Speaker 2: after tax numbers. Speaker 2: Very very strong economics on the project. Why are the economics as st...
