Manitou Gold Shareholders To Get Almost 1:1 Shares In Nickel Spinout Just In Time For Christmas

AGORACOM Small Cap CEO Interviews - Podcast autorstwa AGORACOM

Kategorie:

In search of Canada’s next gold discovery, Manitou  Gold ( MTU:TSXV) sees billion dollar deposit potential on their Goudreau  project in Northern Ontario. Manitou controls 100% of the project in  Northern Ont. where they are accelerating exploration in search of  Canada’s next gold discovery, and maybe a mine; and now Nickel has been  added to the discovery list. The Goudreau Project Has 2 Zones, separated through faulting. The Goudreau-Lochalsh  Deformation Zone” has seen multiple discoveries by other companies that  have committed multi-million dollar exploration budgets to explore the  area ( Trillium Mining, Alamos, Argonaut Gold ) The area was recently  confirmed as emerging 'Juggernaut' for gold production with nearly 10  Moz of gold resources and reserves being developed and mined on  Manitou's western flank. The “Baltimore  Deformation Zone” is an offset of Goudreau and is a 17KM trend of highly  prospective gold targets for exploration in an area that is  underexplored. The Baltimore Deformation Zone can be compared to the  Destor -Porcupine faul. The Gold camp it helped create has become  synonymous with gold. This is why management believes they have multiple  shots at finding a billion dollar deposit. The Baltimore Zone has a  10 km trend that has never been systematically explored, it is going to  take allot of drilling and Manitou has demonstrated their commitment  with multiple increases to their drill program in order to define a  discovery. Their commitment to drilling this vastly unexplored area may  have just paid off. They may have made a very significant Nickel discovery. Manitou announced that  they Identified Nickel-Iron alloy in drill core, outlining a 60 km  structural trend highlighting large tonnage Nickel & Gold potential,  identification of three structural trends with over 60 km cumulative  strike length. In doing so they have identified awaruite, a naturally  occurring nickel alloy with high nickel content. The key benefit of  nickel-iron alloys ores over nickel-sulphide ores is that concentrates  do not need smelting prior to further processing and shipping to  refineries. The discovery can be  compared compared to Canada Nickel's Crawford deposit, located in  Timmins, and the Dumont nickel deposit, located in Quebec. Not only does Manitou  control a gold focused company within 366Square km land package, they  now have a Nickel discovery within that same land package and are  creating a whole new Pubco to support Nickel Cobalt and PGE Discoveries  without taking away from the gold focus. A definite Win Win for Manitou  shareholders Meet Western Nickel, a spinout courtesy of the recent nickel discovery on the Goudreau Property. With a potential  discovery area this big, they are going to need help, and boy do they  have it. They aren’t going to be doing this alone. Manitou is supported  by 2 majors in Alamos (AGI) and O3 Mining (OIII ) who are providing  Board Representation, Treasury Support and Technical Guidance for  exploration. Lastly, Manitou isn’t  alone in the area. They are surrounded by Majors, one who also happens  to be Alamos ( operator of the high grade Island Gold Mine and Manitou  partner ) and Argonaut Gold (AR) who are preparing for production in  2023. Sit  back and enjoy this great interview with CEO Richard Murphy as explains  why Manitou is the next Smallcap discovery stock to own in one of  Canada’s largest gold.. and now Nickel camps in the search for Canada’s  next billion dollar deposit.

Visit the podcast's native language site