Dig Deep Unlocking Stranded Assets in Mining - with Alastair Goodship
In today’s episode, we're joined by Alastair Goodship, COO of Mila Resources, a mining company that targets stranded assets with robust geological potential, by leveraging existing infrastructure and geological data, and then applying their team's multi-disciplinary experience, they are able to identify key value opportunities where they can advance to tangible production-stage studies.
We discuss Mila’s strategy and portfolio, then zero in on the Yarrol project in Queensland and what exploration has shown so far, what the next phase is targeting, and the key milestones on the horizon. We’ll finish with the outlook for the wider Queensland portfolio and what shareholders should watch next.
KEY TAKEAWAYS
- Mila Resources' strategy is to find de-risked assets that are stranded due to lack of funding or being lost in a larger portfolio, but which possess clear potential for scalability.
- Personal career development should include gaining broad experience across various disciplines and dedicated time to up-skill in areas like data set management and remote sensing to improve exploration efficiency.
- The Yarrol project is compelling because it has a historical resource, significant drill intercepts to depth, and satellite targets that all indicate gold mineralisation but has been largely overlooked for 20-30 years.
- The near-term focus is on aggressively drilling to expand the mineralised footprint, with a key milestone being the announcement of a new, updated resource for Yarrol to drive future development strategy.
BEST MOMENTS
"Mila’s aim is to find assets that have already been de-risked and progressed along the development curve, but are stranded due to lack of funds or being stuck in a larger portfolio of projects."
"I had the space then to actually spend some kind of dedicated time actually getting understanding how the data works, how these processes work... and build my own skill set at the same time."
"The first thing for us was to get some validation drilling in there... Every hole we put in hit, which gave us confidence to really move forward and be a bit more aggressive with Yarrol."
"We've got a really prospective ground and we feel we're on to something, as do most juniors obviously, but we think we're backing it up with the data we have."
GUEST RESOURCES
Website - https://milaresources.com/
LinkedIn - https://www.linkedin.com/company/mila-resources/
X - https://x.com/MilaResources
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/