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Flor de Cobre Copper Project - Exploring in the Land of Giants

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Thu, February 3, 2022 at 12:00 PMendedReplay
Flor de Cobre Copper Project - Exploring in the Land of Giants

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Meeting Overview The meeting focused on Element 29's copper exploration projects in Peru, particularly the Florida Cobre and Elida projects. Richard Osman, the Chairman and Interim CEO, and Paul Johnson, the Vice President of Exploration, presented the company's strategic focus, project details, and upcoming drilling plans. Key Discussion Points - Overview of Element 29 as a copper-focused junior resource company with assets in Peru. - Importance of Peru as the second-largest copper producer and its favorable mining conditions. - Description of the Florida Cobre project, including its historical resource data and upcoming drilling plans. - Details about the two porphyry targets within the Florida Cobre project: Candelaria and Atrafizado. - Discussion of the strategic focus on low-cost, low-risk copper production opportunities and the goal to build a resource base of over 4 million tons of contained copper. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - ...

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[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Hello everyone and welcome to Element 29's live summit today hosted by 6. Today I'm joined by Richard Osman, Element 29's Chairman and Interim CEO, [00:15] Speaker 1: and Paul Johnson, the company's Vice President of Exploration. Today's team is going to take us through their presentation and after they'll be accepting questions during the live Q&A session. You can submit your questions using the Q&A panel found on the right-hand side of your screen at any time today. As always, the summit is being recorded and will be available to watch afterwards on Six.com. [00:34] Speaker 1: Without further ado, Richard, I'm going to hand things over to you to get us started. Okay, thank you, Cam. [00:39] Speaker 2: Ellen29 [00:41] Speaker 2: is a copper-focused [00:43] Speaker 2: junior resource company with assets in Peru. [00:46] Speaker 2: The company is actually listed on the TSX Venture Exchange and also on the OTCQB [00:51] Speaker 2: Exchange in the US [00:53] Speaker 2: and the Frankfurt Exchange. [00:55] Speaker 2: The company gets its name originally from [00:58] Speaker 2: the periodic table of elements where copper is actually element 29. [01:03] Speaker 2: Here's a disclaimer. If you want to go to our website, you can read this in full, but I'm going to sort of pass over it at this point. [01:10] Speaker 2: So just getting into why Peru a little bit. [01:14] Speaker 2: Let's take a look at Peru. Peru is essentially the 2nd largest copper producing country in the world. It produces close to 2 and a half million tons of copper a year. [01:23] Speaker 2: The slide on the right sort of shows the endowment for Peru. [01:26] Speaker 2: And you can see our Florida Cobre project, which we'll ...