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Orford Mining Identifies Significant Lithium Potential on Land Package

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Wed, February 8, 2023 at 2:00 PMendedReplay
Orford Mining Identifies Significant Lithium Potential on Land Package

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Meeting Overview The meeting focused on Orford Mining's recent exploration activities, particularly in the lithium sector, alongside their ongoing projects in gold and nickel. David Christie, the president and CEO, presented the company's strategic direction and the potential for growth in critical minerals, emphasizing the importance of lithium and nickel in the context of electric vehicle batteries. Key Discussion Points - Introduction of Orford Mining's exploration focus in Quebec. - Recent announcement of lithium exploration alongside existing gold and nickel projects. - Overview of key project areas: Kigovic, West Raglan, Nunavik lithium projects, and Châtelle Regional. - Current market position, including stock price and market cap. - Discussion of lithium and nickel market trends and future demand. - Details on land acquisitions for lithium exploration and geological potential. - Overview of the company's partnerships and relationships with First Nations. - Upcoming events an...

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Speaker 1: Hello everyone and welcome to Orford Mining's live summit today hosted by 6. I'm pleased to introduce their president and CEO, David Christie, who's going to be walking us through a presentation and afterwards taking your questions live. So to join the Q&A, make sure that you submit your questions in the Q&A chat on the right hand side of your screen at any time during today's talk. But without further ado, I'd like to hand things over to David so that we can get started. Speaker 2: Thank you, Cameron. Speaker 2: As you all know, Orford Mining is a exploration company focused on Quebec. Speaker 2: This week, we announced that we are exploring for lithium in the area where we're already exploring for gold and nickel. So I'm going to walk through the reasoning for that and our critical minerals exploration package. Speaker 2: I will be making some forward-looking statements, have you read those at your leisure. Speaker 2: Just to remind you, we have basically 4 key project areas now. The Kigovic project, Speaker 2: which is gold and copper, actually has some lithium potential. West Raglan, which is a nickel copper PGM project. Speaker 2: The Nunavik lithium projects, which there is about 6 properties plus a number of smaller ones. Speaker 2: And the Châtelle Regional Speaker 2: Gold and Copper project, which we are currently drilling. We have about Speaker 2: 1, 700 square kilometers of land now in these projects across Quebec. Speaker 2: Our stock price is around 12.5 cents right now, sitting about a $20 million market cap. We've had quite a boost in the past week from about an $8 million market cap. So it's been good to see the market reaction to our investment into the lithium space. Alamos Gold holds just shy of 25% in the company. Speaker 2: And we had ...

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