Mining Stock Daily Introduction to Val-d'or Mining Corp
Oct 2, 2025
Glenn Mullan, President and CEO of Val-d'Or Mining Corp, has a wealth of experience in the prospect-generator model. He discusses the company's current partnership with Eldorado Gold, highlighting the $36.5M commitment and promising drill results from the Perestroika Prospect. Mullan explains why this site remained overlooked until now, due to factors like swamp cover and limited outcrops. He also shares insights on future drilling programs and other projects in their pipeline, showcasing a bright trajectory for Val-d'Or Mining.
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Prospect Generator Business Model
- Val-d'Or Mining operates as a classic prospect generator, acquiring properties then finding partners to fund exploration.
- This lets them hold many properties without diluting shareholders by raising capital themselves.
Proven Management Track Record
- Management has run this model three prior times with successful transactions and produced mines.
- They view Val-d'Or Mining as their fourth iteration using the same proven approach.
Past Company Success Stories
- Management recounts past companies turning discoveries into operating mines and acquisitions.
- Examples include Canadian Royalties and Golden Valley leading to production and corporate exits.