Junior Resource Investing JRI

CEO Claudia Tornquist and Chair Chris Taylor join me once again to talk recent news from their company Kodiak Copper. Kodiak continues to eat their elephant one bite at a time as they progress their massive MPD porphyry project in southern BC. We discuss 2023 results and the impact of VRIFY's powerful new tool to be used in 2024, wherein Kodiak will use AI to help collect, collate, and analyzing their above and below ground exploration data to help in their quest for BC's next great porphyry. Two parts to this one - part 1 is dedicated to 2023 and part 2 is dedicated to 2024.
Time Stamps:
Part 1: 2023
02:00 General Overview of 2023 Drill Program
03:55 Successes and Struggles
07:55 Why did some holes fail to get assays
11:15 With hole 18 (525m at .09% CuEq) – what clues do you have that it is the edge of a porphyry and not the center?
17:10 What evidence do you have that MPD South is a single complex?
21:30 Hole 15 at the South (13m @ 0.43% Cu and 659 g/t Ag) – Explain how it fits in your model Part 2: 2024
26:10 2024 Exploration Plans Overview
28:30 VRIFY – How much is proprietary black box and how much can you see behind the curtain?
33:05 How much human input goes into the modelling system
39:30 What is 2024 priority region for drilling?
42:35 How do you balance drilling aggressively while copper is hot while being defensive when the share price is suppressed?
44:15 How do you split up meterage – spread things out or concentrate?
47:05 Which 2024 targets are Kodiak-generated vs. VRIFY-generated?
48:30 Resource estimate at Gate Zone to be expected?
51:15 When can we expect VRIFY details from the south?
51:50 How is your relationship with Teck?
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Sendero Resources (SEND.V) released 3 more holes from its La Ollita target today. The results were not barn burners, but were still successful, particularly as part of a first drill campaign, as they delineated hundreds of meters of economic (at scale) mineralisation. Nevertheless, the market was unimpressed and SEND.V is now off its recent highs considerably. MD Michael Wood joins me again to discuss these results, SEND's future plans, and reflect on the market's response.
Time Stamps
01:00 Overview of Results
05:00 Lithocap Model and further exploration
09:30 Market Response
11:00 Mineralisation types and drilling locations
17:15 Magnetotelluric Survey Discussion
20:00 Eldorado exploration vs. Sendero
26:00 Why is the stock price down so badly
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Thesis Gold (TAU.V) CEO Ewan Webster returns to discuss the final results from their 18,000 meter 2023 drill campaign at their 100% owned Ranch project in the Toodoggone region of BC. There was a lot of success to be found this year - areas of long intercepts of high grade gold buried within even longer intercepts of disseminated mineralization. With a new, universal, MRE just a few weeks away, and a PEA due in Q3, Thesis looks like it will continue to build on its strengths.
Time Stamps
1:20 Overview of Targets to be Discussed
1:50 General Overview of Ranch Project for Context
07:30 Thesis Structural Corridor
14:00 Bingo Zone
20:00 JK Zone
28:00 Bonanza-Ridge Zone
30:20 What is coming in 2024
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Sendero Resources (SEND.V) released the first batch of results from its Peñas Negras project today (April 3, 2024). The headline is the discovery they are currently working to uncover at their La Ollita target, that came up with Au+Cu+Mo to the tune of 0.53 gpt AuEq over 256 meters starting from 83 meters down. While the grade isn't going to turn any heads, for a first hole into a target, this seems like a strong start to exploration at La Ollita. Now, with 4 - and even 5 - more holes drilled into it and due to the market over the coming weeks, the hope is that SEND can build on its success and demonstrate that there is a true discovery to be had, even if the market was unimpressed and sold off on the news today.
Time Stamps
1:20 Michael shares his initial thoughts on results
6:30 Brief overview of what SEND is doing different than previously operators
10:30 Assay Tables – Was it being a gold dominant system a surprise?
14:20 Why does Michael think there was a sell off?
17:30 Are there more holes left to be drilled and when can we expect results from the lab
20:00 Accusations of smearing – Michael’s Response
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

March 25, 2024 Fireside Chat with Scott Macmillan detailing Invictus Energy’s plans for 2024 and more.

Time Stamps below.
Companion Article and Written Summary:
Managing Director of iTech Michael Schwarz joins me today to provide an update on iTech's Lacroma Project. The project hit a rough spot a few months back with some questionable drill results as graphite sentiment bottomed out. However, as Mike demonstrates, iTech has found success enough to overcome those weaker results, and that their initial plans and goals remain on target. After a brief recap of iTech so far, Mike uses a 3D leapfrog model to walk us through his Lacroma drill results and points us to the fact that they will likely hit their 40Mt goal from this drill campaign. Mike then takes us further, walking us through their confidence in becoming a lowest-quartile cost producer, as well as the potential for future discoveries, ending with a discussion on how iTech plans to become a producer itself and the costs associated to get its own modular plant. I believe strongly that graphite is in the pendulum downswing overreaction any good contrarian investor needs. Graphite's needs in a green future are inescapable. Project's like iTech's Lacroma - cheap, strong jurisdiction, and low-carbon output - are exactly what the industry needs.
Time Stamps:
00:06 Intro to Interview
2:00 Brief Recap of Drill Campaign
06:00 What did iTech Accomplish Last Year?
9:20 Sugarloaf
10:30 Going Over Lacroma Drill Results
14:00 3D Leapfrog Drill Results Presentation
17:25 Cutoff grade, Met work, and General economics
24:20 Sugarloaf Discussion and Update on Met Work
28:30 Lacroma North - Meterage, Met Work, etc.
33:00 Upcoming Catalysts
36:00 Pilot Plant Production
46:00 Non-China Graphite Premiums
47:00 New Land Acquisition
51:00 Concluding Thoughts
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.