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Journey Through the Lassonde Curve With Contango ORE

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Fri, November 18, 2022 at 12:00 PMendedReplay
Journey Through the Lassonde Curve With Contango ORE

Investor webinar replay

Meeting Overview The meeting primarily focused on the progress and developments of mining projects by B Metals and Orford Mining Corp. Derek Iwanaka from B Metals discussed their Kazan project in Japan, while David Christie from Orford Mining highlighted their discoveries in Quebec and the Abitibi region. Key Discussion Points - B Metals Overview : Derek Iwanaka presented the current status of the Kazan project, emphasizing its position on the Lassonde curve and the ongoing drilling efforts. - Historical Context : Discussion of previous drilling by Japanese state agency MMAJ and Kazan Resources, which laid the groundwork for current exploration. - Drilling Results : B Metals has discovered two veins in their drilling efforts, with promising results indicating potential for significant mineral deposits. - Orford Mining Overview : David Christie shared insights into Orford's projects, including the Ragland Belt and Jatel project, highlighting their progress towards economic discovery....

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Speaker profile Rick Van Nieuwenhuyse

Rick Van Nieuwenhuyse

President, CEO, & Director at Contango ORE

Rick has more than 40 years of experience in the natural resource sector. Before joining Contango Ore in January 2020, he was President and Chief Executive Officer of Trilogy Metals, who are currently developing the high- grade Upper Kobuk Mineral Projects located in the Ambler Mining District of Alaska. Trilogy is a company which was created in 2012 as a spin-out from NOVAGOLD, a well-known company he founded over 20 years ago. NOVAGOLD is currently finalizing permits for the 40 million ounce Donlin Gold Project in Southwest Alaska with partner Barrick Gold, the world’s largest gold company. Previous to his role as Founder, President, and CEO of NOVAGOLD, he held the position of Vice President of Exploration for Placer Dome Inc. from 1990 to 1997. In addition to his international exploration perspective, Rick brings years of working experience in and knowledge of Alaska to Contango. Rick has managed projects from grassroots discovery through to advanced feasibility, production and closure. He has played a key role in setting up several other corporate entities including: Alexco - where he remains a Director - which is rejuvenating the Keno Hill Silver District in the Yukon; Tintina Resource (now Sandfire Resources America), which discovered and is now completing a feasibility study + permitting the high grade Black Butte copper project in Montana; and SolidusGold, where he is Chairman. Rick holds a Candidature degree in Science from the Université de Louvain, Belgium, and a Master of Science degree in Geology from the University of Arizona. He received the Thayer Lindsley award in 2009 for his role in the Donlin Gold discovery and the Colin Spence Award in 2016 for his role in the Bornite Discovery.

Replay transcript excerpt

Speaker 1: Hello, everybody. My name is Derek Iwanaka, I'm Vice President Speaker 1: of Investor Relations and Corporate Development for B Metals. Speaker 1: And today I feel like I'm a bit of a professor here. I get to talk to the Lassonde curve that Speaker 1: I grew up with when I started in mining. Speaker 1: That's actually how I was Speaker 1: educated or introduced to the mining world, Speaker 1: they kind of told me that, you know, this is where we start Speaker 1: on the far left hand side where you have very early stage concept, exploration themes or ideas. Speaker 1: And then you eventually get to a point where you're Speaker 1: at the Speaker 1: drill steady or drill ready stage and then you actually start drilling. Speaker 1: And I would say that's about where we are right now with our main project, which is called Kazan. Speaker 1: Kazan, Speaker 1: I would say, fits on the curve right around here. So it's pretty convenient. Obviously, Speaker 1: it's a point where there's the biggest inflection Speaker 1: in the curve and the biggest value creation Speaker 1: if you make a discovery. Speaker 1: And for us, Speaker 1: our project has been drilled in the past. This is the main 1 is actually called Kato, Speaker 1: which is in Speaker 1: Northern Japan Speaker 1: on the island of Hokkaido. Speaker 1: And Kato has been drilled in the past. In the 1990s, Speaker 1: it was drilled by Speaker 1: the Japanese state agency, which we now refer to as MMAJ. Speaker 1: It's actually Speaker 1: morphed out, and it has actually Speaker 1: reached out to Speaker 1: international boundaries now. So it's now known as Jogmech. But Speaker 1: essentially, they were doing the exploration Speaker 1: back in the 1990s. Speaker 1: They hit some really wonderful holes Speaker ...

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