juillet 9, 2024
1 min de lecture
Coniagas Presentation: Join Our Zoom Call on July 16, 10 AM EDT/ 3 PM London / 4 PM CEST
Publié dans 2024
During the presentation, Geologist Matt Halliday, P.Geo., and Metallurgist/CEO Frank Basa, P.Eng., will outline the next steps in our plans to develop the Graal high-grade copper-nickel deposit into a major open-pit operating mine supplying the metals needed for the energy transition.
Here is the Zoom link to the 30 minute presentation (20-minute presentation + 10 minutes Q&A). https://us02web.zoom.us/j/88338418770?pwd=G2Y5Q7j3Lh8es3lfzc0wpAMx13O8Y1.1 For local phone numbers to access the call https://us02web.zoom.us/u/kk5ZQTAa2
Meeting ID: 883 3841 8770
Passcode: 077197
Past exploration has led to a target estimate of 30-60 million tonnes of mineralized material in just one small area of the 6 km strike length. Drilling has intersected up to 2.28% copper equivalent or 1.10% nickel equivalent over a wide 28.9 meters (The deposit also has cobalt, platinum and palladium.)
Drilling results and a formal 43-101 resource estimate are expected to upgrade Coniagas' market cap from its extreme undervaluation of $4.5 million. Similar deposits in the area are trading at much higher valuations. In addition to next steps, the call will discuss plans for financing the project, including a private placement currently underway at below-market pricing.
Let us know if you want details on the private placement and how the money will be spent before the call.
We look forward to having you on the call.
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