How a Strong Gold Market May Impact Juniors in 2024
Join Trevor Hall of Mining Stock Daily, alongside three gold exploration executives, to discuss the recent upward move in the gold price and the potential impacts of a surging gold market. Discover what opportunities may be presented by the growing gold market strength in 2024, and how that growth may translate to the junior gold equities segment of the mining sector.
Trevor Hall is the President of Clear Creek Digital. With over twelve years experience in video production, content marketing and social media management, along with 5 years of working with mining and exploration companies, he can apply a wide range of digital marketing strategies to optimize stakeholder engagement and lead generation. Trevor classifies himself as a millennial with a mining problem. He strives to utilize current communications trends for mining companies, mineral exploration companies and resource service providers to help build awareness of the industry and create more value for all of the industry. Over the years he was been fortunate to work with a great array of clients, including Khoemacau Copper, Rio Tinto, Newtrax, AddOns, Cupric Canyon Capital and Resolution Copper. Trevor received a Bachelor and Masters degree from the College of Journalism and Mass Communication at the University of Nebraska - Lincoln. Trevor is a proud father and husband. In his recreational time, he enjoys flyfishing, biking, skiing, camping and supporting a number of different sports teams from around the globe.
Luke Alexander brings over 20 years of natural resource sector experience, knowledge and contacts to Newcore Gold, particularly in West Africa. He has raised billions of dollars and structured deals for major mining companies while advising some of the world’s top institutional investment funds. Mr. Alexander began his investment banking career in the private client group at BMO Nesbitt Burns in Toronto, then started up an institutional equity trading desk for Toronto Dominion in London before doing the same for National Bank. In 2008, he became a senior partner at GMP Securities in London focused on advising ASX, TSX and London listed mining companies. Throughout his investment banking career, he has helped fund many major resource projects in West Africa. In 2018, Mr. Alexander founded Park Road Capital, a Vancouver-based, natural resource focused consulting firm where he continued to leverage his extensive capital markets experience.
Mr. Skanderbeg was most recently President and CEO of Claude Resources Inc. since November 2014 – which was acquired by Silver Standard Resources Inc. for $337 million. He previously worked for Goldcorp, Inco Ltd. and Helio Resources, holding positions in both exploration and operations. Mr. Skanderbeg is also a director of Wesdome Mines. He holds a B.Sc. from the University of Manitoba and an M.Sc. from Rhodes University, South Africa. He brings extensive experience in the exploration and evaluation of gold systems, operational management, cost and asset optimization and strategic analysis.
Since 2018, Mr. Atkinson has been the President and CEO of Talisker Gold, a wholly-owned subsidiary of Advance United. An experienced exploration geologist and project manager with over 45 years of experience, Mr. Atkinson has spent his career in both mineral exploration and mining and the environmental field as Vice President, Exploration Manager and Regional Manager with junior and major mining companies such as Newmont, Billiton and Agnico Eagle. He has reviewed, evaluated and acquired projects around the world and recently was part of the team responsible for mergers and acquisitions at American Silver. He has worked with investors to form and manage junior exploration companies. In the area of mineral exploration, James has designed and managed multimillion-dollar programs searching for and discovering various commodities including industrial minerals. These projects, comprised of up to 100 staff, involved geophysical, geochemical and drilling programs as well as prospecting and geological mapping. He has also negotiated option and purchase deals for mineral properties.
Replay transcript excerpt
All right, everybody, let's get started here. My name is Trevor Hall. I'm the CEO of the Clear Commodity Network and also host of the Mining Stock Daily podcast. Been going at it for a number of years. You can find all of our content, which we publish almost daily, anywhere you get your podcast feed at. And I'm really grateful to be asked to host this 6 presentation on how a strong gold market may impact the junior sector in 2024. We've got 3 great individuals here from 3 different companies working in 3 mostly different parts of the world. Luke Alexander of Nucor Gold, Jim Atkinson of Advanced Gold Exploration and Brian Skanderberg of GFG Resources, excuse me. So just for pleasantries, we're gonna make sure each of these individuals gets about 2 minutes of a quick introduction to their companies, and then we will start in on the discussion at hand. But before we get there, just a quick housekeeping note. If you do look at the platform here in the webinar, you are allowed to kind of raise your hand and ask questions. We will try to get to those questions towards the end of the presentation. All right, everybody. Luke, why don't you go first since you're right next to me on the screen. Yeah, sure. Thanks, Trevor, and thanks everyone for joining. Yeah, so my name's Luke Alexander, President and CEO of Nucor Gold. Nucor Gold is advancing the Enchi project in Ghana. Last week, we put out a PEA, which outlined very robust economics for the project at an 1850 gold price, after tax NPV of US 371 million, after tax IRR of 58%. So fundamentally underpinned by a very robust PEA that we think will ultimately re-rate the stock as the market starts to recognize the fundamental value that this project has. But then we've also got huge district scale exploration upside across our p...
