On the Ground at Blue Lake: Geos & Gravity Surveys Are Elephant Hunting
Brian Bosse, CEO & Director, and Douglas MacQuarrie, Geoscientist & Director, of Capitalight take you through the groundbreaking exploration techniques used at Blue Lake. They also walk you through the adit pile, discuss the geo team’s rock reports and interview the teams handling the gravity surveying technique and laser radar to reveal how these technologies are unlocking this project's secrets. Brian and Douglas discuss how the company is uniquely positioned to make significant discoveries in this largely unexplored region and address this idea: “If the pods are 2 kilometres apart on the surface, why can’t there be pods below these as far as 2 kilometres down?”
Mr. Bosse is an investor with three decades of experience in commodities, as well as both private and public equity. Brian has served as a business turnaround specialist for several Canadian investment firms. He spent a decade restructuring equity sales and trading departments, as well as proprietary investment divisions. Brian began his career as a Toronto Stock Exchange floor trader in 1995 following an Honours Bachelor of Arts in Economics from Wilfrid Laurier University’s School of Business and Economics. He became a CFA charter holder in 2001. From 2012 until 2016 Brian ran the Goodman Bluespring mutual fund. From 2018 until 2024 Mr. Bosse was integral to the very successful restructuring of Zenyatta Ventures into both Zentek Ltd. (Nasdaq: ZTEK) plus Albany Graphite Corporation. He is the largest shareholder of IC Capitalight Corp.
Mr. MacQuarrie is a consulting geologist / geophysicist specializing in exploration. He received a combined Honours degree in Geology and Geophysics from the University of British Columbia in 1975. He has worked continuously in mineral exploration for 41 years, the last 23 years exploring for new gold deposits in West Africa. He is responsible for acquisition and or discovery of significant gold deposits in Canada and in Ghana including, as former CEO of PMI Gold Corporation, the +5 million ounce Asanko (Obotan) gold mine in Ghana. Until April 2024 Mr. MacQuarrie served Asante Gold Corporation (C:ASE) as President, CEO and Director; which grew to over a billion dollars of market value . He is Managing Director of Goknet Mining Company Ltd, which he founded with Mr. Godfried Opong Kesse (the former Director of the Ghana Geological Survey, 1973 to 1993), and with Canadian Prospector Eric Ewen. Douglas is a meaningful shareholder of IC Capitalight Corp.
Replay transcript excerpt
Hello everyone and thank you for joining this live Capital Light event. We are joined by their CEO and Director, Brian Boss, and their Geoscientist and Fellow Director, Douglas Macquarie. Today we have another exciting event with a similar format as last event if you participated. I'm going to play a 16 minute recording of some on-site footage and following the video Brian and Douglas will be available for questions if you have any. So please feel free to submit your questions at any point during the conversation, it's just that little text box in the bottom right corner of your screen. I also want to remind you that this event is being recorded and the replay will be available a few hours after the event concludes. So with that being said I'm just gonna share my screen here and we can start the video. So here we are again at the mouth of the decline or the mouth of the adit. We just want to point out what we're learning here about the rocks. So you can see the rocks are not horizontal, they're dipping. I'll turn the camera to line up with the rocks. And that's maybe a 60% decline. So now the rocks are in a straight line heading down into the earth. I'll bring the camera back here. And so that's telling us, obviously that the rocks were not created at that angle. They were created at flat lying and they've been thrust upwards. We think that's from the action of the Labrador trough when what is now Labrador bumped into the largest piece of North America called the Superior Craton. Bumped is a word that describes a hundred million years of activity. And the mouth of the decline here is right where that really soft rock in small pieces meets the larger rock, and then as we get deeper in it's large rock only. Let's see if I can turn on the light. Okay, so we're standing ...
