ROVER CRITICAL MINERALS - IS ADDING "SILICON METAL" | Judson Culter

WEBSITE: https://provenandprobable.com/ 🥇🥈Get Your Online Gold/ Silver Here 🥇🥈 Call Me Directly at 855.505.1900 or Email: Maurice@MilesFranklin.com In this interview, Maurice Jackson of Proven and Probable talks with Judson Coulter from Rover Critical Minerals about their recent Letter of Intent (LOI) to acquire a high purity silica asset, the Silicon Valley Silica Project near Golden, British Columbia. Coulter provides an overview of Rover Critical Minerals, a publicly traded junior mining company listed on the Toronto Venture Exchange (ticker RV) and co-listed on the OTCQB (ticker ROVMF). The discussion primarily focuses on the significance of high purity silica, its applications, and Rover’s strategic plans. Importance of Silicon Metal: Coulter explains that high purity silica, also known as silicon metal, is crucial for various industries, including computer chips, semiconductors, mobile screens, and solar panels. He highlights the escalating demand for silicon metal driven by technological advancements and the shift towards renewable energy. The project aligns with the future energy landscape, positioning Rover for the next 10 to 15 years. Globally, silicon metal is mined in regions like Sri Lanka, East Asia, and Western Australia, although the latter typically produces lower-grade silica. High purity silica commands a significantly higher price, reflecting its value and rarity. The Silicon Valley Silica Project: Rover’s project, adjacent to the Sova Quartz Project, is poised to benefit from its high purity and strategic location. Coulter emphasizes the geopolitical importance of securing a domestic supply of critical minerals, especially considering military applications for computer chips and potential geopolitical risks, such as tensions over Taiwan. The proximity to the US, specifically the massive Intel chip manufacturing facility in Ohio, underscores the project's strategic value. Rover’s project could supply Intel via rail, mitigating reliance on international shipping. Geopolitical Context and Future Prospects: The discussion delves into the broader geopolitical landscape, noting the importance of having secure, domestic supplies of critical minerals like silicon metal. The Intel facility in Ohio, set to be the world’s largest chip manufacturing site, exemplifies the shift towards domestic production. Coulter suggests that this facility’s scale and the anticipated demand for AI and mobile applications highlight the need for reliable silicon metal sources. Permitting and Development Cycle: Coulter outlines the permitting process in Canada, noting exemptions for industrial mineral projects like Rover’s, which streamline the path to production. The project’s location, near the rail line in Golden, BC, offers logistical advantages. He discusses the project development cycle, including securing financing, initiating drilling, and the potential for government support. The timeline to permitting is estimated at six months, with resource definition drilling expected to follow, positioning the project for rapid advancement. Comparative Analysis with Nevada Project: The conversation shifts to Rover’s lithium project in Nevada, highlighting the challenges and long-term horizon for lithium development. Environmental considerations and regulatory compliance are emphasized, with ongoing baseline studies to ensure responsible development. Coulter notes the slower-than-expected adoption of electric vehicles but remains optimistic about lithium’s future, particularly for hybrid vehicles. Strategic Positioning: Coulter concludes by emphasizing the strategic value of the Silicon Valley Silica Project, its proximity to his home in Kelowna, BC, and the broader portfolio of Rover Critical Minerals. The project’s potential to secure a domestic supply of high purity silica aligns with national and geopolitical interests, positioning Rover as a key player in the critical minerals sector.