Dave Mathewson | Eighty-Percent of a Junior Explorer's Budget Must Be Spent Directly on Exploration

In this interview, Dave Mathewson shares regarding the process of gold discovery, his specific approach to gold discovery and many insights on what the mining investor should look for to determine if an exploration company is potentially a good investment opportunity. Dave Mathewson is a geologist-explorer with 35 years of exploration experience in Nevada alone. Notable discoveries made while Head of Newmont Nevada's Exploration team from 1989 through 2001 include: Tess, Northwest Rain, Saddle and South Emigrant in the Rain mining district. From 1999-2001 the Mathewson-led team made important deposit extension discoveries at Newmont's Gold Quarry and Mike deposits. Most recently his work at Gold Standard Ventures led to the consolidation of the Railroad-Pinion district and the North Bullion & Bald Mountain discoveries. Currently he is the Head of Exploration at US Gold Corp where they are currently drilling their Copper King project in Wyoming and their Keystone project in Nevada. 0:05 Introductions of Topic and Guest 1:06 Dave’s background and success as an exploration geologist 7:33 What are key things Dave looks for to determine if an exploration project is worth pursuing 8:57 Using geophysics in gold exploration 10:40 How important is it for a geologist to actually walk the property they are exploring? 11:51 Differences between older geologists and the newest generation of geologists 13:31 Key current-day trends in gold exploration 16:22 Key drivers of value in gold exploration companies 18:10 How should a junior gold explorer budget its spending? 19:30 Dave’s insights on analyzing exploration company press releases 21:51 US Gold Corp’s current projects and exploration program The content found on MiningStockEducation.com is for informational 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. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com 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 MiningStockEducation.com 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. MiningStockEducation.com 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 MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, 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.