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Journey Through the Lassonde Curve With Bunker Hill
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Meeting Overview The meeting focused on the current status and future prospects of mining projects by B Metals and Orford Mining Corp. Key discussions included the exploration progress on the Kazan and Kato projects by B Metals, as well as the developments in the Ragland Belt and Jatel projects by Orford Mining. Both companies are at critical stages in their exploration efforts, with potential for significant discoveries. Key Discussion Points - Overview of the Lassonde curve and its relevance to mining exploration stages. - B Metals' Kato project in Japan, including historical drilling and current exploration results. - The discovery of two veins at the Kato project and ongoing drilling efforts. - Orford Mining's projects in the Ragland Belt and Abitibi, including discoveries of gold and nickel. - The distinction between pre-discovery and discovery phases in mining projects. - Future drilling plans and strategies for both companies to enhance exploration efforts. Decisions Made - N...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hello, everybody. My name is Derek Iwanaka, I'm Vice President [00:12] Speaker 1: of Investor Relations and Corporate Development for B Metals. [00:17] Speaker 1: And today I feel like I'm a bit of a professor here. I get to talk to the Lassonde curve that [00:23] Speaker 1: I grew up with when I started in mining. [00:27] Speaker 1: That's actually how I was [00:30] Speaker 1: educated or introduced to the mining world, [00:32] Speaker 1: they kind of told me that, you know, this is where we start [00:36] Speaker 1: on the far left hand side where you have very early stage concept, exploration themes or ideas. [00:43] Speaker 1: And then you eventually get to a point where you're [00:47] Speaker 1: at the [00:49] Speaker 1: drill steady or drill ready stage and then you actually start drilling. [00:53] Speaker 1: And I would say that's about where we are right now with our main project, which is called Kazan. [01:01] Speaker 1: Kazan, [01:02] Speaker 1: I would say, fits on the curve right around here. So it's pretty convenient. Obviously, [01:08] Speaker 1: it's a point where there's the biggest inflection [01:12] Speaker 1: in the curve and the biggest value creation [01:15] Speaker 1: if you make a discovery. [01:17] Speaker 1: And for us, [01:19] Speaker 1: our project has been drilled in the past. This is the main 1 is actually called Kato, [01:25] Speaker 1: which is in [01:26] Speaker 1: Northern Japan [01:28] Speaker 1: on the island of Hokkaido. [01:30] Speaker 1: And Kato has been drilled in the past. In the 1990s, [01:34] Speaker 1: it was drilled by [01:36] Speaker 1: the Japanese state agency, which we now refer to as MMAJ. [01:41] Speaker 1: It's actually [01:42] Speaker...