AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bret Richards, Co-Director of Gold Shore Resources, discusses their major historical gold project in Ontario, Canada. The project presents a multi-million-ounce gold opportunity in Ontario. Richard's wealth of experience in the mining industry spans over 30 years, including work with companies like Kinross and Katanga Mining. The discussion delves into the details of Gold Shore Resources and highlights the potential value of the Ontario project.
Richards details the swift transaction process and the acquisition of the Moss Lake project that aligned with their long-term view of the gold market. The project's economic viability increased as gold prices rose, making previously uneconomic projects feasible. The strategic partnership with Westome facilitated the acquisition, demonstrating a methodical and purposeful approach to project development.
Following a successful fundraising round of $25 million, Gold Shore Resources aims to channel the proceeds into extensive drilling, aiming for a hundred thousand meters. The operational focus includes consolidating historical data, identifying high-quality drilling targets, and conducting a vertical time domain electromagnetic survey over the property. The meticulous resource management strategy involves thorough re-logging and building a comprehensive rock library.
Gold Shore Resources intends to validate the Moss Lake project's economic potential and capitalize on its estimated NPV of $650 million. The company's listing on the TSX Venture Exchange under the ticker symbol GSHR is imminent, targeting a $65 million initial market cap. The strategic vision encompasses developing Moss Lake to a significant value, paving the way for potential future projects in Canada and beyond, aligning with the projected bullish trend in precious and base metals.
Richards shares insights on the African mining sector, highlighting its rich mineral potential and unique challenges. Despite infrastructure and governance issues, Africa stands as a hub of mineral wealth. With a strong belief in the gold market's trajectory, Richards emphasizes Africa's opportunities for high-grade deposits coupled with the global economic landscape's impact on precious metal prices. The podcast concludes by outlining Gold Shore Resources' trajectory, future goals, and prospects for investors in the evolving mining industry.
For those interested in connecting with Bret Richards or learning more about Gold Shore Resources, the company is reachable through social media platforms such as Facebook, Twitter, Instagram, and LinkedIn. The engagement strategy focuses on effective communication and accessibility for stakeholders and interested parties. Richards highlights the importance of sharing project details and welcomes inquiries, signaling a transparent and approachable stance in their outreach and communication efforts.
In this episode we chat to Brett Richards, CEO & Director of Goldshore Resources who are working in a major historical multi-million oz gold opportunity in Ontario, Canada. Brett has a wealth of mining experience and knowledge over a 30 year period working for the likes of Banro, Roxgold, Katanga Mining and Kinross and his expertise lies in financing mines, developing operations and M&A.
Brett gives a details overview of the companies outlook and talks about the transaction with Wesdome to acquire Moss Lake and why they were interested in partnering with Goldshore Resources. They recently raised $25M and Brett discusses their plans and what they are looking to do with this in the ground. Brett also speaks about mining in Africa having spent a considerable amount of time there and what lies ahead along with the future of the mining industry.
KEY TAKEAWAYS
BEST MOMENTS
'We've been where Goldshore needs to be'
'There are attractions everywhere'
'We're spending money on things that junior mining companies wouldn't spend money on'
'We get a nice footprint of the geological context'
VALUABLE RESOURCES
Dig Deep – The Mining Podcast on iTunes
Brett Richards LinkedIn - https://uk.linkedin.com/in/brett-richards-494a0313
ABOUT THE HOST
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 to peoples experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients organisation in any mining discipline or level. Mining International provides a transparent, informative and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
https://twitter.com/MiningConsult
https://www.facebook.com/MiningInternational.org
https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode