gold-market commentary from a mining-company perspective
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gold-market commentary from a mining-company perspective
27 transcript-backed statements from 2 appearances, covering milestone, country, deposit type and other company claims. These reflect management's own framing and have not been independently verified.
It was mined in 88 to 94. We're taking it back into production.
Our Santa Fe mine was in production from 88 to 94. heat bleach open pit style mining so lowcost operations.
We have 2 million ounces on paper right now with a new update to that next month.
We have a current resource in PA out on it with 2 million ounces in the ground.
We have 28.6 square kilometers. Uh, I have a map with stars all over it from my lovely geos. I want to drill 25 different targets.
We have the third highest grade of gold and silver uh in the Nevada uh Great Basin region right now.
To build this thing, it's it's not a big ask. It's about $120 million and we'll be looking at taking mostly debt because the payback is such a short timeline.
Our last model was done at 1950 gold. So even when we reunits down to $2,500 gold, for example, you're capturing a lot more ounces.
We have a PA update in September. That is the final document we need to go into our application so we can get our mind permit.
Well, that's why we're bringing out or bringing out Sonic rig in March, April
Once we redo our pea um over the summer months after we get all the drilling back people are going to see significant change in numbers
So, we're going to have three rigs um out the property between now and April.
And then we have uh our resource report will be coming out this year uh hopefully in the next 12 weeks
we'll anticipate having our full permit to build it next year, early next year.
We anticipate to have our permits by Q1 in 2027.
the buildout is only six months, four to six months. We're using contract miners.
We'll pouring gold on site um Q3 Q4.
Yeah, look, we're Nevada focused. We've got a historic mine, past producer.
We have amazing projects in the Walkerland, Nevada, best jurisdiction in the world.
We'll have our permit to build it next year, early next year. We have a PA update in September. That is the final document we need to go into our application so we can get our mind permit.
We're in the middle of our permitting right now. Um last year um before the holidays, we received our plan of operations, which is the big drill permit that allows us to drill projectwide.
We have amazing projects in the Walkerland, Nevada, best jurisdiction in the world.
I'm fortunate enough to be able to find money in any market because I do have um a pretty decent track record.
We're fortunate in that we've been working in Nevada for 25 years. I had a company for 24 months, sold it for 18fold
but all of a sudden you start thinking about like okay well how much is left there because the cutoff grade was 0.54 so we think there's a lot there and it's already crushed sitting right next to where the new one's going to go
heat bleach open pit style mining so lowcost operations. Uh they managed to make money at $350 gold
We have 2 million ounces on paper right now with a new update to that next month.
Every claim above was said by Kimberly Ann in the interview it is dated to, and carries their own words. Nothing is added from filings, and nothing has been checked against them. Transcripts are automated — clearly mis-heard words are corrected for readability, never figures, dates or the speaker's own hedges. Not financial advice: an executive discussing their own company has an interest in it.
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