Missed the Munich Mining Conference? Get the full experience by wandering booth to booth with 6ix and learning about select companies who were in attendance.
Jim Mackay is currently the Manager of Corporate Development at Lithium Ionic. He is a mining engineer with over a decade of experience that includes technical roles at development-stage and operating mining companies as well as experience in metals and min...
Meeting Overview The meeting featured discussions among various mining company representatives at the Munich Mining Conference. Key topics included project updates, drilling programs, and future exploration plans, with a focus on lithium, gold, and copper resources. Key Discussion Points - Jim McKay from Lithium Ionic highlighted the upcoming production of Brazil's next lithium mine, Bandera, with significant projected returns. - Mark Roos of Spanish Mountain Gold discussed impressive drill results and plans for ore sorting and a feasibility study. - David Stein from Creosilver shared updates on production ramp-up and upcoming drilling at the Bethania project. - Frank Callahan of Golden Caribou Resources provided insights into their open-pit model and ongoing drilling activities in British Columbia. - Rick Redfern from Fairchild Gold Corporation presented their gold and copper properties in Nevada and the potential for significant stock price increases. - Brian Boss from Capani Meta...
[Speaker identities could not be resolved; generic labels used] [00:00] Speaker 1: My name is Jim McKay and I'm the manager of corporate development for Lithium Ionic. We are a TSX-V listed [00:05] Speaker 1: Toronto headquartered lithium development company with 2 very high quality assets in Brazil. [00:10] Speaker 1: 1 of the things I'm most excited about in this upcoming [00:13] Speaker 1: next few months is our flagship project Bandera, [00:16] Speaker 1: which is poised to be Brazil's [00:18] Speaker 1: next [00:20] Speaker 1: producing lithium mine. So it's going to produce at a scale of 180, 000 tons per year of SC 5.2 concentrate. [00:26] Speaker 1: We're currently waiting on our permits in the next few months here and following that construction will begin in the 2nd half of next year. With that schedule in mind, we're scheduled to start production in 2027. [00:37] Speaker 1: High level numbers, we have a $1.5 billion NPV, [00:41] Speaker 1: IRR of 61%, [00:42] Speaker 1: all for the low, low price of $191 million US of initial capital. So it's very low CapEx and very, very juicy returns in terms of IRR and NPV. I would encourage all investors to check out our website, lithiumionic.com, [00:55] Speaker 1: to check the corporate deck or reach out to me and the investor relations team. Awesome. I'm here with Mark Roos of Spanish Mountain Gold. [01:03] Speaker 2: Mark, how are you at the Munich Mining Conference? What have you been excited to tell investors about? [01:07] Speaker 3: Well, I'm totally excited about the fact that we're drilling, following up some [01:12] Speaker 3: monumental holes that happened in the spring of this year. A winter drill program, we had 719 grams per ton in 1 of the holes, [01:20] Speaker 3: 139 [01:22] Speaker 3: meters, I think...