Rick Van Nieuwenhuyse, President & CEO of Contango ORE, presents this year's program for Johnson Tract. Following the presentation, he is available to answer questions.
Mr. Van Nieuwenhuyse was appointed to serve as President, Chief Executive Officer, and director of the Company effective January 6, 2020. He previously served as President and Chief Executive Officer of Trilogy Metals Inc. from January 2012 until December 2019. Between May 1999 and January of 2012, he served as the President and Chief Executive Officer of NOVAGOLD, Inc, a company that he founded. He served as the Vice President of Exploration for Placer Dome from 1990 to 1997. Mr. Van Nieuwenhuyse holds a Candidature degree in Science from Université de Louvain, Belgium and a Master of Science degree in Geology from the University of Arizona. Mr. Van Nieuwenhuyse currently serves on the board of directors of Alexco Resource Corp. He served on the board of directors of Sandfire Resources America, Inc. (formerly, Tintina Resources Inc.) from 2008 until 2016. Mr. Van Nieuwenhuyse has over forty years of experience in the minerals mining industry and brings significant industry and technical knowledge to the Company.
Replay transcript excerpt
Good morning, good afternoon, good evening, depending on where in the world you're tuning in from. Today's event features Katango Ores, President and CEO Rick Van Nuenhuysen going through a deep dive on the Johnson Track project. Rick, it's great to have you on today. Romeo, it's good to see you. We'll go ahead and get started and share the screen here. Now, as you said, we'll take a deep dive into Johnson Track. It's our latest acquisition. Obviously we'll be making forward-looking statements and Just by way of a quick review, our Moncho project has been our flagship. It's now in production. We're just closing out a little bit more than a month of processing there. We want to get on to developing our other 2 projects, Johnson Track and Lucky Shot. Let's take a deep dive into Johnson Track. Location-wise, Johnson Track is located just off of Cook Inlet, southwest of Anchorage. You can see the location of our Montreux project. And then the red star is of course the Fort Knox Millet, just here in Fairbanks where I'm located. So Johnson track, a nice ore body, a million ounces, 9 grams, good grade, thick ore body averaging 40 meters wide, will be underground mined. A lot of exploration up site in this district. We'll talk about that. And of course, it's located right on the water. So it's fairly easy access to get this ore transported to a location where it can be processed. So a very good fit for our direct ship ore model. And I just want to talk about that just briefly before we dive into Johnson Tract. This, what we're calling our hybrid royalty model, we think we're more like a royalty company in that we have a small amount of people producing a fair bit of Gold on a Gold production per share basis. We want to go about this by selecting high-quality projects that fi...