Journey Through the Lassonde Curve With CoTec Holdings

Investor webinar replay

Meeting Overview The meeting primarily focused on the progress and potential of mining projects by B Metals and Orford Mining Corp. Derek Iwanaka discussed the current status of the Kazan project in Japan, while David Christie provided insights into Orford's various projects, including the Kegavik and Jatel projects in Quebec. Key Discussion Points - Derek Iwanaka introduced the Lassonde curve and its relevance to the Kazan project. - The Kazan project is currently at the drill stage, with significant investments and promising early results. - Historical drilling by previous companies on the Kato property and the challenges faced. - Orford Mining's discoveries in the Ragland Belt and the potential for a new gold district. - The distinction between pre-discovery and discovery phases in mining projects. - Updates on various projects under Orford, including the Jatel Eagle project and the West Raglan Nickel project. - Discussion of the potential for economic deposits in both companies'...

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[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...