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8:50 mining executives with nearly 250 years of collective leadership experience in the mining sector. We're also very lucky because we control the entire gold district, the Castor gold district, that comes with a wealth of infrastructure. We have a fully owned and permanent 300 ton per day mill. We have 2 mines that are permanent, 1 at Torres and 1 at Cassier South at Table Mountain. We have access to power. We have 25 kilometers of underground development, access to water, you name it. On top of that, we already have a foundational resource of 1.4 million ounces at 1.14 grams per ton right at surface and open in most directions laterally and at depth. We have resources from early 2022. Since then we have drilled nearly 40,000 meters, successfully hitting mineralization across many areas of our project.
9:41 And just yesterday we released another press release from the main mine where we had 237 meters of 0.69 grams per ton from 139 meters down hole. It's very, very hard to ignore results like this. And we still have, In addition to all the results we've been releasing since the last resource update we still have nearly 8,000 meters of drilling in 21 drill holes So do stay tuned for that some of them are in our Priority regional targets like new coast and lucky We still have some results coming from TORS West and Southwest just on the margins of our TORS deposit. So I invite everyone to have a look at both the press release we released this week as well as all the results we put out in the last year and a half or so since our resource updates.
10:35 So I invite everyone to come and check what we have and how attractive our project is. So check out casciargould.com and I'm available to answer any questions that you may have. So thank you very much. My name is Spiros Kakos. I'm the Vice President of Agricultural Relations for Century Lithium. Century Lithium is working on developing the Clayton Valley Lithium Project, which is the fourth largest lithium deposit in the United States. Our project is situated in Nevada, directly adjacent to Albemarle Silver Peak Mine, which is just over these crops. The Albemarle Silver Peak Mine, for those who don't know what that is, it's the only producing lithium project in all of North America. So our project is a claystone project, sedimentary deposits, where the lithium is right at surface, goes down to about 150 meters.
11:24 Our company has been working and developing this project for the last, since 2015, and we're at a critical stage right now. We're about months away from putting out our feasibility study, which is key because once that comes out, we're able to officially apply for federal government grants and loans and commence our permitting and bring in a strategic partner. The Clayton Valley Lithium Project is the third most advanced project in the state of Nevada. The number 1 would be, at least in my opinion, would be Thacker Pass by Lithium America, which completed a feasibility study, is fully permitted, and General Motors came in for $650 million investment. Then you have Ioneer, right, has a project called Violet Ridge. They completed their feasibility study last year and they were granted $700 million in US on their project to help them bring it to production, subject to successful permitting. And then there's us. Our project is, like I said, months away from putting out their feasibility study, which gives us an opportunity to apply for federal grants and loans, commence our permitting process, and be able to bring a strategic partner. And when it comes to permitting, the Institute has named Nevada the best place in the world to permit a project. We have, as you can see here, there's nothing but clear cut deserts, projects directly adjacent to the only producing lithium project in North America.
12:48 So not to say that permitting is going to be a piece of cake. You have to take it very seriously. But we have no red flags. And the process should take about 15 to 18 months. Let's call it 2 years to play it safe. 2 years to commence or complete our permitting process. And once that's done, move to production. Hello, I'm Rick Fenuwena. I'm the President and CEO of Contango Ore. We're here at the New Orleans Investment Conference in New Orleans. Always good to be back here with Brian Lundin and the group. Excited to be here because we're, Contango's just about on the cusp of production here. We're actually mining today. As I've said before, we're fully permitted, we're fully financed. We had the groundbreaking ceremony for the mine opening a few months ago. So we've been mining and stockpiling more at Montchaux.
13:37 And just recently, we started transporting that over to the Fort Knox Mill, where we're building a stockpile up there, about 250,000 ton stockpile. And we'll start processing in 2024. So pretty exciting times for Contango and for our shareholders who've stayed with us for quite a while now from discovery all the way now to production here and producing gold next year. So with our low share count we've got about 10 million, less than 10 million shares outstanding. We're traded on the NYC American, ticker symbol is CTGO. Check it out. We'll be generating a significant amount of cash flow starting in 2024. So We'll look forward to seeing you here at the show, if you're here, and visit our website at www.kentangleward.com. Thank you. Hi, I'm Alexandra Whittier-Sharon, President and CEO of Empress Royalty.
14:28 At Empress we offer a strategic approach to investing in gold and silver. We create new royalties and or straight, which means we help get mines into production or expand them to production capacity. We have a diversified portfolio of assets that the 3 of our investments now generating revenue brings significant value to Emirates. We're looking forward to expand that portfolio out with some new investments and continue to grow the company. We're forecasting about $50 million in revenue over the next 5 years. Our net asset value is $47 million and our market cap right now is about $25 million. For more information, please go to our website at mplusworldtea.com and we'll be happy to jump the call and go through any questions with you. Thank you so much. Hey, I'm Brandon McDonald, CEO of Fireweed Metals. Good to see you here in New Orleans at the investment conference.
15:15 You might have been following, you know, that's been a pretty big year for us. Biggest ever drill program, 3 times the size of our next lyrist, about 20% of the assays out, so a huge amount coming this year to definitely be tracking. And then into next year, resource update, you know, economic study on MacTongue. So pretty, pretty massive 12 months coming up for us. I hope you stick around, I hope you follow us. Hi, I'm Caleb Stroop, the President and CEO of Headwater Gold. We're a gold exploration company working in the western US with a focus on Nevada. We have a big portfolio of projects, about a dozen projects in the portfolio, and of those we're actively drilling about 4 of them this year with 18 to 20,000 meters of drilling currently underway.
16:03 We kicked off all that drilling late summer of this year and we're just getting our first assay results in and just have announced the first batch earlier this week actually from our Spring Peak project where we continue to hit high-grade gold. All of these projects are operating concurrently and 3 of the 4 of them are being funded by Newcrest Mining, a big Australian producer. As a result, we're operating these on their behalf and collecting a management fee, So we have a low burn rate and I've actually been cash flow neutral over the last year or so, which positions us quite well to have an active portfolio of projects, preserve our treasury. We have about 3 million dollars in the bank right now and await our exciting new assay results to come. So it's a great opportunity right now.
16:53 It's great to be in the New Orleans Conference and telling the story to prospective investors. And yeah, please keep an eye on the story. You can see us at headwatergold.com. Hey my name is Carl, I'm back here at the New Orleans Investment Conference and happy to be helping out the show with Junior Mining Hub here. What we do is we basically break down the information that's going on in the market and tie it into our system and into our map and effectively have an open access platform for investors to kind of come in and learn about different options that are out there, find opportunities and also help support these mining companies and help them have better tools to tell their story and get it out there to market. The system is open to anyone, we have a great daily email that summarizes everything that comes out every day, it breaks out by opportunity, but you know what's unique about it is that it links it into project locations. So by doing that there's a lot that we can learn about these companies, the jurisdictions, is there road access, who's their neighbors, what's happening in this area jurisdictionally is a big big part right and that's where we come in. The team here we're all industry guys, we're here to support and help and we've been having a really great reception towards what we're doing and we're happy to help help the investment community and really these mining companies out there really update the sector, let's put it that way.
18:06 Hi my name is Keith Henderson, I'm founder and CEO of Latin Metals and we're here at the New Orleans Investment Conference. Latin Metals is an exploration company, mineral exploration focused in South America, in Peru and Argentina specifically. We do a lot of things that exploration companies do, but one thing we do completely differently is how we finance the companies. We basically acquire projects that we think are going to be the right projects to attract investment from major mining companies. We do the initial surface exploration, which is relatively inexpensive. But then when it gets to the point where that exploration is going to become expensive and very dilutive to shareholders, we go and seek a partner. And those partners come in and spend all the money, take on all the exploration risk and from that point on Latin Metal shareholders are not getting diluted at all.
18:55 In terms of how it looks with success, if those companies are successful in finding something, Latin Metal shareholders get to participate through a retained ownership in the project or through a royalty interest at the end of the process. So very big returns, you still get to participate in the really big discoveries but you're not getting deleted all the way And that's fundamentally what's different about Latin Metal. Hi, I'm Luke Alexander, President and CEO of Nucor Gold, Nucor trades on the TSX Venture under the ticker NCAU and on the OTCQX NCAUF. I'm standing here at the New Orleans Investment Conference. Our ENCHI project in Ghana is a district-scale exploration project that's fundamentally underpinned by robust economics that we put out in a 2021 PEA, which We're in the process of updating now to incorporate a larger resource that we put out earlier in 2023.
19:52 Right now is a great time to be looking at New Core Gold. We've been caught up in the sell-off that we've seen in the broader exploration market. We're currently trading at $8 per ounce in the ground, less than 0.1 times the NPV of the project. This is again for a district-scale exploration project that sits in Ghana, which is a Tier 1 jurisdiction, has 3 of the top 10 largest gold producers on the planet operating in Ghana, Newmont being the largest who are investing another billion dollars in the country. We've drilled on 9 of the 25 targets that we've identified to date, so very large exploration upside. And importantly, you know, we as a management team and board are putting our money where our mouths are. We own 20% of the business and this is money that we've invested alongside investors over the last number of years. And if you're buying Nucor today, you're most likely buying it at or below what any of our cost bases are. So again, it's a district scale exploration company that's very well backed by a strong management and board with a proven track record that's trading at very attractive valuations today. Hi, my name is Blaine Monaghan. I'm the President and CEO of Pacific Ridge Exploration Limited. We are focused on copper gold porphyry projects in British Columbia and our goal is to become BC's leading
21:22 copper gold exploration company. This year or 2023 was our busiest exploration season ever. We completed more than 10,000 meters of drilling at our flagship Clayul and our partner Antofagasta funded a 1500m drill program at RDP. We've released 8 holes to date from Cliool, we have 11 more holes to report from Cliool, 3 more holes to report from Cliool, so we have a lot more news to report by the year end. We're very happy to be here this week at the New Orleans Investment Conference and we're here to meet with investors and talk about our goals, all of the news and what we can expect in the future and our future plans are to make a discovery and ultimately outline a deposit that will attract M&A from a senior copper or gold miner.
22:07 To learn more about Pacific Ridge, go to our website www.pacificridgeexploration.com. We trade on the Toronto Venture, under the symbol PEX, Papa Echo X-Ray, on the OTCQB, and more recently on the Frankfurt Exchange. Don't hesitate to reach out. Look forward to hearing from you. Thank you. Hi, I'm Jason Mercier. I'm the Vice President of Investor Relations with Pan Global Resources. We're developing a project in southern Spain, just north of Seville. It's a copper, tin, silver deposit, La Romana. That's our main focus at this point in time. We're expecting in 2024 to have our first maiden resource on that project. Just in September, we actually had a release on Kenyatta Honda, which is just to the north, about 5, 3 kilometers, all on our property.
22:53 And it's a gold and copper deposit, or what looks like it could be a deposit. And so what we want to do is be able to drill that out in 2024 as well. So those are our 2 main projects. The attributes of La Romana are pretty incredible. It's a near surface project which is really rare in the copper world today. It's also in a very good jurisdiction. Spain and southern Spain has a history of mining for the last 2,000 years and plus. So it's an area that's well adapted for mining. We have neighbours, our 1st Quantum, Atalaya and Grupo Mexico is just getting their environmental permits that was announced last week. So they'll be doing construction in 2024.
23:40 Altogether a very exciting prospect for investors and something that anyone who's interested in copper or tin should take a look at. Hi, I'm Chris Fogg and I lead Investor Relations for Perpetua Resources. Perpetua is focused on advancing a 100% owned Stipnite Gold Project located in central Idaho. Our vision is to develop one of the largest, lowest cost gold mines in the country, provide the U.S. With a critical mineral called antimony, essential for the clean energy transition and for national defense, and to restore an abandoned brownfield site. Our project has great economics with a 15-year reserve life, a production profile of about 300,000 ounces per year, and all in sustaining costs under $650 per ounce, based on our feasibility study.
24:25 Our project is located in one of the best mining jurisdictions in the world, and we have strong community support. And we have a valuable byproduct in Antimony, positioning the Stivney Gold Project as an emerging national strategic asset. Over the last 15 months, we've secured critical Minerals Awards through the Department of Defense, representing over $40 million to further analyze the antimony from our site, advance construction readiness, permitting and engineering for our project. And despite all of our recent achievements, we continue to be significantly undervalued, I think, in the market and relative to our peer group. And I think this represents a great opportunity for new investors.
25:12 Looking ahead, we're focused on securing a final record decision for our project and securing all ancillary permits. And with the final stage of permitting set we expect a final record decision next year and a construction decision in 2024. Thank you and to learn more about Perpetual Resources, please visit our website perpetualresources.com. Thank you. Hi, I'm Chris Ritchie, President of Silvercrest Metals. I'm joining the conference down in New Orleans, an amazing city to spend good time in. Some really interesting aspects of Silvercrest are important to share with everybody. We are in production at Las Chispas. We've been in commercial production since November of 22. Since that time, we've paid back all 90 million of our debt. We've accumulated 80 million of cash.
26:00 We're buying back our shares. We're drilling for more ounces. And as far as I know, we're the only company starting to employ the use of precious metals on our own balance sheet. We think gold and silver are a better store of value. We want to give our investors more exposure to the gold and silver. We want to hold back that metal and support the price and we're hoping that everybody else can jump on board and see if we can support the price of the metal and become a lot healthier as an industry and really educate people on the benefits of protecting their purchasing power. Silver Crown Royalties is the only silver royalty company that's investable right now in the market. All other royalty companies have all other kinds of metals in them, we're the only ones that we sold. We have built this vehicle to be a fully diversified, investor-friendly vehicle that ends up being a dividend and targets a 10% return on invested capital. Again, this is a very unique approach in the industry. We started this company with a view to be the one-stop shop for investing in precious metals with a focus on silver. Hi, I'm Will Ansley from Silver Storm Mining and I'm pleased to tell you about our wonderful assets.
27:07 We have 2 assets located in Durango State, Mexico that are about 2 hours approximately between the 2 assets. The La Parilla project is a silver mine complex that we acquired in August of this year, 2023, from 1st Majestic Silver. We're very proud to acquire what was their 1st silver mine that they put into production. This was the founding jewel asset of the company and we're pleased to partner with 1st Majestic on putting that mine back into production. We are hopeful and targeting production out of the asset in 2025 and we expect that it will do approximately 3 million ounces of silver equivalent per year. In the past that's been the run rate of it or as high as 4.5 million ounces in some years.
27:59 The asset was always always profitable not for a cup of coffee but the whole time that it was in production from 2004 until 2019, when they put it on care and maintenance. It currently has a resource and a mine plan that is sufficient for 3 years of operating, but we'd like to see that closer to 5 years before we turn it on. And that's the focus of the company today. We're drilling the 5 underground mines and hope to come up with a new resource for investors in 2024. And then a technical study that will be the foundation for a restart of the asset in 2025. We also have the original exploration asset is called the San Diego project.
28:46 Again it's about 2 hours away. It has a very large robust Endowment of silver very significant size very significant widths Silver over continuous hundreds of meters. However, it starts the mineralization starts approximately 450 meters below surface so it's it's deep exploration but hundreds of meters of continuous intercepts on on the zone down there anyway thank you for your time SilverStorm Mining. Morning my name is Bonnie Broman I'm the Vice President of Exploration for Valhalla Metals. We're a pretty brand new company, we IPO'd about this time last year. We're very excited to be exploring in Alaska in the Ambler District. It's a very prolific district, Our neighbors next door are Ambler Metals, which is a 50-50 joint venture with South 32 and Trilogy Metals.
29:39 They have one of the largest VMS deposits out there, the Arctic deposit. The second largest deposit in the district is our deposit, the Sun deposit. It's 11 million tons of about 4.5 percent copper equivalent. And this VMS has not been explored for over 10 years. We've recently, through our IPO, we raised 10 million dollars with our strategic investment partner, Moorabini. And over the last summer, we drilled an 1100-meter drill program. We built a brand-new 24-band camp. We did a ground gravity survey, orthophoto and lidar survey. We just recently released our assay results earlier this week.
30:24 We intersected pretty thick multi-element mineralization in all 4 of our vehicles. One of our greatest intercepts was 21 meters of 6.84% copper equivalent so we're really excited about that. That was a 75 meter step off from the known resources so we're very excited to see the system continue at depth, down dip, and along the strike. So keep paying attention to us. We'll be excited to get some more news coming out over the next few months. We're also hoping to be uplisting to the NYSC in the near term, so we should have lots of news flow coming. So if you're here at the show, stop by the booth. We also have a luncheon on Friday, so we'll have our presentation recorded so you can listen to that at your convenience later.
31:17 And then if you would like more information, join our website at SwapolaMetals.com
