Coffee With Samso: TNT Mines And The Remaking Of The Eureka Gold Mine
In September 2020, TNT announced the acquisition of Warriedar Mining Pty Ltd, owner of the Eureka and Warriedar Gold Projects in Western Australia.
TNT Mines Ltd (ASX:TIN) is drilling and looking at increasing the value of an old historical gold mine. The last time the mine was operated was in the 1990s so with the rising gold price and sentiment, this would make an interesting project.
The company has been very active in putting money into the ground and it is interesting to watch the slow value adding process. As we all know, exploration is a marathon and this is something investors need to understand.
In this episode of Coffee with Samso, Matt Boyes tells us frankly about the ins and outs of mineral exploration. The company has drilled up to 11,000m at the Eureka project so this will make some interesting resource in the near future.
About Matt Boyes
CEO
BSc (Hons) Geol, MAIG, MAusIMM, MSEG
Mr. Boyes is a qualified geologist and fellow of the Australasian Institute of Mining and Metallurgy with 25 years’ industry experience and a strong background in mineral resource estimation, project development and operations management. He recently served as Chief Operating Officer for AIM-listed Patagonia Gold, successfully overseeing the construction of two stand-alone gold-silver heap leach projects in southern Argentina.
About TNT Mines Limited
TNT Mines is focused on the evaluation and development of undervalued, large-scale mining and brownfields exploration assets in tier one jurisdictions of Australia and North America.
In September 2020, TNT announced the acquisition of Warriedar Mining Pty Ltd, owner of the Eureka and Warriedar Gold Projects in Western Australia.
Both Eureka and Warriedar have a history of gold production, are located close to established infrastructure including operating gold mills and demonstrate the potential for the rapid delineation of shallow high-grade gold resources.
In May 2020, TNT acquired 100% of the East Canyon uranium-vanadium project in San Juan County, Utah.
East Canyon is located 50km north via a major highway from the only conventional fully permitted and operating uranium mill in the US and the project claims contain multiple historic workings with visible mineralisation.
TNT also owns the Pelley Ridge zinc project in Montana and a greenfields exploration project in Western Australia’s Yilgarn gold district.
In progressing all its projects, the Company prioritises responsible environmental management and genuine consultation with local communities.
VMS (Volcanogenic Massive Sulfide) Deposits Explained
In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment.
About Samso
Samso is a renowned resource among the investment community for keen market analysis and insights into the companies and business trends that matter.
Investors seek out Samso for knowledgeable evaluations of current industry developments across a variety of business sectors and considered forecasts of future performances.
With a compelling format of relaxed online video interviews, Samso provides clear answers to questions they may not have the opportunity to ask and lays out the big picture to help them complete their investment research.
And in doing so, Samso also enables companies featured in interviews to build valuable engagement with their investment communities and customers.
Headed by industry veteran Noel Ong and based in Perth, Western Australia, Samso’s Coffee with Samso and Rooster Talk interviews both feature friendly conversations with business figures that give insights into Australian Stock Exchange (ASX) companies, related concepts and industry trends.
Noel Ong is a geologist with nearly 30 years of industry experience and a strong background in capital markets, corporate finance and the mineral resource sector. He was founder and managing director of ASX-listed company Siburan Resources Limited from 2009-2017 and has also been involved in several other ASX listings, providing advice, procuring projects and helping to raise capital.
He brings all this experience and expertise to the Samso interviews, where his engaging conversation style creates a relaxed dialogue, revealing insights that can pique investor interest.
Noel Ong travels across Australia to record the interviews, only requiring a coffee shop environment where they can be set up. The interviews are posted on Samso’s website and podcasts, YouTube and other relevant online environments where they can be shared among investment communities.
Samso also has a track record of developing successful business concepts in the Australasia region and provides bespoke research and counsel to businesses seeking to raise capital and procuring projects for ASX listings.
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