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Said in central Idaho, this would be one of the largest highest grade low-cost gold projects in the US. Also independent. It's not owned by one of the major gold companies. At this point. We have great project economics with a 15 year reserve life with a three year payback period. Very interestingly, we, we look at this as also a national strategic asset in the United States because of the critical mineral of antimony. And I'll talk some more about that as we go through here too. But we have our revenue will be about 95% gold, 5% antimony. But we have had strong support from the US military in moving the project forward because of their demand and need for antimony and the scarcity of that. We're in a very stable mining jurisdiction in Idaho and all the states that I've worked in in the US. Idaho is probably the most friendly from a mining jurisdictional standpoint. Very, very good to work with. This site is also a brownfield site in World War Two. The US military came in and mined antimony and tungsten supplied about 80 or 90% of the antimony in Tungsten for World War Two and the Korean War. It is a substantial brownfield site. We've incorporated the cleanup of that site into our overall mine plan. So the fact that we build a mine will actually have a net environmental benefit to not building a mine at the site as it stands there today. And we're at a very attractive valuation. We'll talk about that with some very near term catalysts including an announcement from two weeks ago on our draft record decision and final environmental impact statement. So our goal is to transform an area abandoned after 100 years of mining activities into a national strategic asset for critical mineral of antimony and gold production through responsible mining and sustainable responsible mining practices and a sustainable approach that will benefit all of our stakeholders especially the local communities that we have there. So the competitive advantage that we have is we're a very, very low cost gold producer. We're in the bottom end of the lower quartile. We have the site restoration and cleanup activities and then we have the only reserve of antimony in the United States. So let's talk about some of the physical properties of the project. Right here, you can see that gold reserves are, are our reserves are at 4.8 million ounces. We have another M and I were up to 6 million with another 1.2 inferred, sitting on top of that. So as far as the independence go, you can see that we're kind of at the top of the list there. And in terms of a high grade deposit, first four years, we're going to be at about 2.2 ounces sorry grams per ton. And then life of mine would be at 1.4 again at the top of the list for, for the independents that are out there. Looking at the production profile first four years, 463 ounces per year. Life of mine about 300,000 ounces per year. So we produce a lot of gold in the front end and then very, very large amounts over the life of mine. Again being one of the largest, if not the largest independent that would be out there. So all in sustaining costs are feasibility study is a little bit dated. It's from 2020 but you can see from from then. so escalating costs obviously would apply to kind of everybody out there, but less than $450 per ounce during the first four years and less than 650 during the during the life of mine. So very, very low cost part of this is that it's a brownfield site. There's a couple of pits that are already open, very, very low strip ratio over the life of mine, we're also using hydropower from Idaho Power, very low cost, obviously green and very renewable. But that also drives our economics on the operating cost to a very low position there. So currently we're trading at a very steep discount. So this is a look at our gold price in in N PV and kind of where we're trading to our N PV right now. So, obviously, we can't keep updating the chart with the run on the gold prices. But even at 2350 we're still trading at about 20% to our N PV. So we think there's a great investment opportunity here at this point, we're significantly undervalued. And as I'll talk about in the US, obviously, permitting is, is kind of the big thing everyone's looking for and we've had some very, very good news on that, very good progress here in the last couple of weeks. So let me talk about Antimony for a second. I was after I've been in the industry for about 35 years, I was kind of happily retired. perpetuate, a few others came and knocked on the door. The reason I chose to come and work for perpetuate take on this project was obviously, it's a great project from a gold perspective. economics look good. Project is good, great jurisdiction, all of that. But it's the antimony that differentiates this project for me with the only reserve of antimony in the US. And actually producing a very, very high quality of Styn night right out of the ground that we've we can demonstrate we meet military specification on that. Again, this is where the military got their antimony during world war two and where the military specification for antimony tr sulfide was actually developed was at our site. So it's a very, very critical mineral. The military has already put in $75 million in the form of grants into this project specifically to get the project permitted, do basic engineering and then also about $15 million to build a pilot plant to demonstrate that we can still produce the antimony trisulfide to the specification that they need. We'll produce enough antimony. 100 and 43 million pounds over the 15 year life of the mine, we can produce about 35% of the US demand for antimony and 10% of that would would go to the military. But antimony is used in a lot of things, flame retardants. A lot of the renewable energy solar panels, ceramics, glass, night vision goggles, stealth coatings on sub submarines and air planes, nuclear reactors. It's prevalent in a lot of things. And two weeks ago China announced a ban on antimony exports from their country and they control about 50% of the world's antimony supply between China Russia and Tajikistan. They control 90% of the world's antimony supply. Once we're up and going, we can supply about 35% of the US demand, as I mentioned before. So I already talked about this, but you can see over the first six years kind of what that Antimony production profile would look like in terms of us demand. One of the things that we really like to talk about is the whole government approach for our project. We have had like I've mentioned, if you haven't picked this up already, a lot of support from the Department of Defense, they've already put $75 million into this. They introduced us to US XM, the US Export Import Bank. Back in April, we received a letter of interest from us XM for up to $1.8 billion for the capital financing of our project. that we've, we've been meeting with them, continue to meet with them. They have a new program called made in America where traditionally they have deployed capital overseas to help us companies compete overseas. But after several years of offshoring manufacturing and, and critical minerals offshore, they have this new program to reinvest in the United States. And we're the flagship program under make more in America as well as the CEP program, which is a sub program, a Chinese transformational export program which is specifically designed for us companies to compete directly with China. So we tick tick both of those boxes and we're in the process of finalizing that loan with them. Then also after seven plus years of permitting with the US federal government, two weeks ago, they issued what's our, our final environmental impact statement as well as a draft record of decision for those that aren't familiar with the draft record of decision. And I'm quoting almost verbatim from the Forest Services news release. They said that the draft record of decision documents their decision to authorize this project. So this is the in my view and having done a few of these, this is where the government makes their big decision. They've decided to approve the project. What happens from here is we go into a 90 day objection and resolution period and then we have a final record of decision at the end of this year. We also have a handful of state permits already in hand. The rest will be done in the first quarter. And then we'll be working on wrapping up the project finance with the construction decision second quarter next year. In order to meet the obligations we need for the military, we need to have a shovel in the ground next summer. So, just a quick piece on the brownfield site that we'll be restoring up there. A lot of historic mining activity, We have already spent $17 million removing waste rock and tails from some of the creeks and rivers. There's an existing tailings pile that's there on site. So when they're mining the antimony in Tungsten before they mined that they left some gold. I think there's about 3 g per ton in sitting there in that tailings pile. We'll reprocess that put that into a new tailings facility. So we're removing sedimentation, we're reprocessing old waste on site, putting it in state of the art design facilities and then fish migration on the site, there's salmon that go through the site that's been blocked for nearly 100 years. We're going to be re restoring that fish migration as well as about 20 miles of, of fish habitat. So, as I was mentioning before kind of the schedule where we're at on this right now, We just got the final or excuse me, the draft record of decision. The final rod will be out at the end of the year, end of the first quarter. We should have any of the ancillary or state permits that are still outstanding. Like I said, we've got a couple of those in hand already construction decision. Second quarter next year, if not earlier. And then we'd be looking to begin construction next summer with commercial production commencing in 2028. So I'm not going to read all these to you. But basically, some of the near term catalysts where we've been gaining some momentum, share price has been reacting very positively to this. The, you know, all in the $75 million we received from the federal government in the form of grants, not loans but grants. China's announced their export ban on antimony and that draft Rod we got two weeks ago is just huge. That's what's really kind of put us on the path to having confidence that we're going to be able to go next summer. The next catalysts that are coming up to look for are obviously that final record of decision, the ancillary permits and the financing and construction next year and then we should be off to the races. So we also expect the share price to rerate as we get closer and we get that final Rod here at the end of the year as well as the the other state permits that, that we have coming again, you can see that we are trading at about 0.2 0.3 price to nav right now where some of the peers and competitors are closer to one So we expect that rerate to to look pretty good as we move forward over the next several months. So, in in conclusion, I've I intentionally have some time for some questions here at the end. You know, this is a very unique American opportunity. redeveloping one of the largest, high grade low costs gold produce projects in the US that it'll be the largest one that's not currently owned by one of the major gold companies. Great projects life of mines. 15 years. payback period is less than three years on this. It is a national strategic asset because of that antimony. Again, 95% of our revenue will be derived from the gold, only 5% from the antimony. But it's the antimony that's enabling this project to move forward very quickly with the support of the Department of Defense, Idaho is a very stable mining jurisdiction. They've been mining there for over 100 years. It's part of their culture and history. We have some 3rd and 4th generation miners that that have been working in the area again, very very mining friendly jurisdiction. When we got our draft record of decision here a few weeks ago, the two US senators, the congressman and the governor all put out press releases, congratulating us and talking about how Idaho is the solution to to antimony as well as getting the the gold industry really ramped up in, in the state of Idaho. We're also taking that sustainable approach and the fact and that as an environmental engineer by training, I really like the aspect that we have incorporated the cleanup of a brownfield site into our mine plan. Such that by building the mine, the site will actually end up in a better environmental condition than it is if we don't build a mine at all today. So we're very proud of that. And then as I just finished up with a very attractive valuation right now, we're very undervalued, but we have some big catalysts coming up here in the very near future. So with that, I'd be happy to take any any questions. OK. Thank you, John. Is there any questions in the audience? So there's 11 back here, sir. Thanks John. one question, could you go over what the end product from the site will be? And then in terms of me, meeting military spec is that, you know, the product that you're gonna be sending or is there additional refining? And who would those potential, you know, third party partners be to get it to be the end product for the military? So, so great question. So we'll be producing a couple of different antimony products. So the first one will be an Antimony trisulfide from the site. We'll be upgrading that and that'll be shipped off to some military suppliers or, or the military directly to get that antimony into their munitions program. Of the 35% of the US demand that I mentioned that we can cover the military only needs about 10% of that. So the second product that will produce is a bulk concentrated, an 20 sulfide bulk concentrate that would then be shipped into the, into the world market. And then the third product we'll produce from the side is a gold silver. Do ok. Thanks John and, and just on, on the, the debt from the US Export Development Bank, are there any conditions precedent to that like other than the record of decision or like how is that facility structured? So, so we're, we're in the middle of negotiating that working on that with, with us, but the biggest condition precedent is having permits in hand. And so we're, we're making very good progress on that. updating our capital and operating costs from the 2020 feasibility study. We're not going to update the feasibility study because we're not changing the design, but we will be updating costs by the end of the year. But the the the major the major requirement is making sure that we have permits in hand. Ok. And that was my second question just on, you know, 2020 costs capital and operating. What is your expectation for costs when you update those numbers by the end of this year. So,, because we are in the middle of doing that, I can't give you an exact number. But if you take the 1.3 that was in the 2020 feasibility study and just apply CP I to that, you're probably in the 1.8 to $2 billion range. OK. OK. And, and then the gap, then if you get 1.8 from the bank and in terms of the loans, how would you fill the rest of the cap X because there be a cost overrun facility, would you raise equity? Would you find some other way? Would you maybe do some kind of a stream or what, what is your plan? We, we are open to and looking at all of those options right now. The, the, the key is that with the US XM commitment, we can it opens up the world to us to look at all of those different opportunities, everything from doing it ourselves to, to partnering to what other, what other financing opportunities are out there. So we're, we're not locked into anything yet. Ok. And, and to get to a final documentation on the, on the debt, is that going to happen? You're talking about starting construction next year, would that would have to be in place by then? So you're thinking the next nine months, maybe our, our goal is to have that by mid year next year. And so we're working on that application with UXM right now. We're working with Endeavor Financial out of London, that's helping us through that process. But our goal is to have that all wrapped up and done by next year's construction season. Ok. And, and you gave the 1.8 to 2 billion kind of expected Capex. What would the ASIC look like once you update those costs at the end of the year? Roughly? So if you just inflate those by, by inflation, you'd have about that same proportional increase. With the exception of the, the, the power, which is one of our largest consumables, that's Idaho hydropower, which obviously doesn't increase like the everything else has increased in the rate. So we would think that the, the Opex should should be coming in lower than what the general inflation would be. But we, we've got to do the work to, to show the numbers on that. OK. And that's coming out at year end, then those updated costs. OK? OK. Is there anybody else that, that has a question? We do have time here. Go ahead, Mike just with that update. Will you be thinking of redoing the pricing of Antimony? Because I believe you're quite a bit lower than spot. Yeah, that'll be included in the in the update. So in the 2020 feasibility study, excuse me, we we did that at 1650 gold in $3.50 antimony. Today's antimony price is over $10 a pound. And the antimony trisulfide would actually get 3 to 5 X premium or more for, for the military specification on the antimony tri sulfide. So, yes, we, we expect some really good movement on the pricing side of, of the metals. OK. And, and how much cash do you have today then? So, we, we have enough cash on hand to get to the to the construction decision next summer. So we're, we're in pretty good shape that way. I think our last quarterly statement we had, we had a few million out there. We also have an ATM in place that we can tap along the way if and when as needed. Ok. Ok. If there's no, any other questions and perhaps we can call it there and