High-Grade Gold and Copper on the Pathway to Production with Doré Copper Mining CEO Ernest Mast
Mining Stock Education - Podcast autorstwa Mining Stock Education
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Doré Copper Mining’s (TSXV:DCMC - OTCQB:DRCMF) assets contain some of the highest-grade undeveloped copper and gold deposits in North America. The company’s projects are located just 14 km from the town of Chibougamau in mine-friendly Quebec and are one of Canada’s premier near-term redevelopment opportunities. Doré Copper is debt-free and owns a 2,700 tpd mill with a 8.0Mt tailings facility. There is already power to site and it is accessible by paved highway and rail. The goal is to produce a profitable hub-and-spoke operation of +100,000 oz/yr AuEq or +60 M lbs CuEq by 2023/2024. Because of the existing infrastructure and location, a low capex is anticipated to recommence production. In this interview, Doré Copper Mining’s president and CEO Ernest Mast provides an overview of the company’s investment value proposition, describes why the company is undervalued and explains the plans for 2021. 0:00 Introduction 1:18 History of Dore Copper Mining 3:11 Hub-and-spoke high-grade gold and copper redevelopment opportunity 4:29 Current historic and NI43-101 gold and copper resource 5:35 Any fatal flaws or legacy issues with projects? 6:18 Any royalties or financial encumbrances on projects? 7:11 Capex needed to restart Copper Rand mill 8:30 Tailings facility has 8.0 Mt capacity left 9:28 Capex need to recommence production 11:02 Copper Rand Deposit 11:44 Corner Bay Deposit 13:11 Cedar Bay Deposit 15:40 Low-cost drilling year-round 16:38 Joe Mann Deposit 19:14 Current drill program and catalysts 20:28 Possible expedited PFS and FS 21:07 Production goal 2023/2024 21:33 Share structure and key investors 23:23 Key investors might provide needed capex 23:52 Treasury, burn rate and financing TSXV:DCMC - OTCQB:DRCMF https://www.dorecopper.com/en/ Most-recent presentation: https://www.dorecopper.com/wp-content/uploads/2020/12/DCMC-CP_12-2020.pdf Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Doré Copper Mining is a sponsor of Mining Stock Education. Doré Copper Mining’s forward-looking statement found in the company’s presentation applies to the content of this podcast. 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 and/or be compensated by 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.