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Journey Through the Lassonde Curve With Orford Mining

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

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Meeting Overview The meeting focused on updates from B Metals and Orford Mining Corp regarding their respective projects and positions on the Lassonde curve, which illustrates the stages of exploration and discovery in mining. Both companies shared insights on their drilling results, potential discoveries, and future strategies. Key Discussion Points - B Metals Overview : Derek Iwanaka discussed the Kazan project in Japan, its current drilling status, and historical drilling efforts by previous companies. - Kazan Project Details : The project is at the drill stage with promising results from recent drilling, including the discovery of two veins. - Orford Mining Overview : David Christie presented updates on Orford's projects, including the Kegavik gold district and the West Raglan nickel project, emphasizing their positions on the Lassonde curve. - Drilling Results : Both companies reported positive drilling results and ongoing exploration efforts, with a focus on identifying econom...

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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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