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Update on San Jose Project - 5,000 m. Drilling Program
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Meeting Overview The meeting was a live investment summit for Monarcha Minerals, featuring presentations by the company's President, Carlos Espinosa, and Executive Vice President of Exploration, Mike Smith. The discussion focused on the company's three mineral exploration projects in Mexico, with a particular emphasis on the upcoming drilling program at the San Jose project. Key Discussion Points - Introduction of Monarcha Minerals and its assets in Mexico. - Overview of the three projects: San Jose, Tehamin, and San Lucas. - Details on the San Jose project, including its location, size, and mineralization potential. - Announcement of a 5,000-meter drilling program set to begin shortly at the San Jose project. - Discussion of the historical context and geological similarities with the Bismarck mine. - Overview of the capital structure and market conditions affecting the mining industry. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Begin...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Hello everyone and welcome to Monarcha Minerals live investment summit day hosted by 6. I'm joined today by Carlos Espinosa, President, [00:15] Speaker 1: CEO and Director of the company, as well as Mike Smith, their Executive Vice President of Exploration and Qualified Person. The team's gonna walk us through a company presentation and after our presenters will be accepting questions in a live Q&A. You can submit any questions you have using the panel found on the right hand side of your screen at any time. And as always, the summit is being recorded and it will be available to watch afterwards on SIX.com. So without further ado, I'm going to hand it over to Carlos to kick things off. [00:40] Speaker 2: Thank you Cameron and good afternoon everybody and thank you for taking the time [00:47] Speaker 2: to learn a little bit more about Monarca minerals. [00:50] Speaker 2: For those who are new [00:53] Speaker 2: to our story, [00:54] Speaker 2: Monarca is a junior exploration company with assets in Mexico. We have 3 assets, [00:59] Speaker 2: 2 in the state of Durango, 1 in the state of Chihuahua [01:03] Speaker 2: called San Jose. [01:04] Speaker 2: Today we're going to talk about the 3 projects but we want [01:09] Speaker 2: to really [01:10] Speaker 2: spend time [01:12] Speaker 2: updating [01:13] Speaker 2: of what is happening on the San Jose project where we are about to start a 5, 000 meters drilling program. [01:20] Speaker 2: And we're going to also review quickly the other 2 projects. [01:24] Speaker 2: So [01:26] Speaker 2: this is light, you know, [01:28] Speaker 2: lawyer's eyes goes to present it all the time, so there is it. [01:33] Speaker 2: But here [01:34] Speaker 2:...