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Contango ORE: Interview with President & CEO, Rick Van Nieuwenhuyse
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Meeting Overview The meeting focused on discussing the progress and plans for the joint venture between Core Management and Kinross, including insights on shareholder relationships, operational logistics, and the impact of external factors such as weather and COVID-19 on mining operations. Key Discussion Points - Overview of Core Management's track record and past projects. - Discussion of key institutional shareholders and their involvement. - Update on the listing process for the New York Stock Exchange. - Division of responsibilities between Core and Kinross in the joint venture. - Budget approval for upcoming projects and drilling programs. - Assessment of the Fort Knox facility's capacity for processing ore. - Considerations regarding Alaskan winter weather and its impact on operations. - Update on the In-Field Geotechnical and Metallurgical Drilling Program. - Relationship with the Tetlin tribe and job training initiatives. - COVID-19 measures and their impact on exploration p...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:05] Speaker 1: Can you talk about [00:07] Speaker 1: Core Management's track record? [00:12] Speaker 2: My background is exploration. I've been an exploration geologist my entire career. [00:16] Speaker 2: I started companies like NovaGold. It's close to a $4 billion market cap. [00:22] Speaker 2: We developed the Donlan Creek project and brought in our joint venture partner Baric on that on a 50 50. We did similar thing with trilogy. She started about 10 years ago. [00:31] Speaker 2: Developing the amber Mining District and bringing in South 32, an Australian diversified company there [00:37] Speaker 2: to advance the Arctic and Boronite projects. So [00:41] Speaker 2: we've done this before. [00:43] Speaker 2: I liked the idea [00:44] Speaker 2: of developing resources and advancing them to pre-feasibility [00:48] Speaker 2: level of stage and then bringing in the major company [00:51] Speaker 2: to go the distance. [00:53] Speaker 2: So it's a model that's worked for us. We've had a lot of shareholder value with that approach over the years and over a variety of companies. [01:03] Speaker 2: Can you talk about your key institutional shareholders? Sorry, just before we do that, how long was that? [01:09] Speaker 1: It was under a minute. [01:13] Speaker 1: Let me time the next 1 exactly. I'm going to get my phone real quick. [01:23] Speaker 2: Okay. I should have a timer here. [01:26] Speaker 1: Yeah, maybe do you have your cell phone on you? You can kind of like put on the, in front of like against your monitor or something. [01:36] Speaker 2: But my stopwatch on. [01:40] Speaker 2: OK, go ahead. [01:42] Speaker 1: All right. [01:43] Speaker 1: So the 2nd question is, Can you talk about your key i...
