Member Info for Dreamboatwarrior

AIM ….. that strangely is almost the exact announcement I’m anticipating…. Back to one payment details to follow …. Really hope not though

Cascabel started with a few rock samples

“The Blanca-Nieves Project is strategically positioned approximately 8 km north of the company’s Cascabel Project in northern Ecuador, which features the large Alpala and the Tandayama-America porphyry copper-gold deposits. These Projects are situated on the Northern Andean Copper-Gold Belt.”

Back up and running

Today’s update is just the tip of the iceberg as far as our potential goes. Don’t give it away to those that want it for nothing. Get behind the board or reap what you sow

For anyone (like myself) who didn’t fully understand the meaning/ significance of “boiling zone”

Epithermal refers to mineral deposits that form in association with hot waters. The deposits form within 1 km of the surface and water temperatures are about 50-200 degrees C. Shallow bodies of magma supply heat. The rising hot water carries dissolved gold and other elements. The water boils about 300 m below the surface and hydrogen sulfide gas escapes. This causes the gold to precipitate. The boiling zone is the target for mineral exploration. Veins commonly host the economic minerals

Interview with deputy mining minister

Fenando Benalcazar

Q: In the North of Ecuador where the world class Cascabel project is located, what would be the best transportation logistics solution?

A: A mining train that runs from Imbabura to Esmeraldas port, or a pipeline to transport the ore.

Clearly high on their agenda

https://www.bnamericas.com/en/interviews/addressing-the-logistics-gaps-in-ecuadors-mining-industry

Fort there will be no P45’s …. If Scott is voted off as a director it doesn’t affect his position as CEO so he can see this through

Noboa not wasting much time trying to boost the mining sector

https://www.bnamericas.com/en/news/ecuador-tax-reform-bill-promises-relief-for-mining-companies

Chinese upping interest

https://www.econotimes.com/Solaris-Resources-Warintza-Project-in-Ecuador-Attracts-Global-Attention-Chinese-Investors-in-the-Lead-1667077

“SoldGold and the Cascabel Project

The Cascabel copper-gold project, the country's largest undeveloped mine, has also attracted attention. Owned by SolGold, in which Jiangxi Copper has a stake, the Ecuadorian Government has inked a preliminary agreement with the investor for this project as well. The project has filed an application to enter the mining phase, and the government aims to sign a formal mining agreement before the end of its current term. This would allow the project to secure all necessary construction and mining-related permits, facilitating the start of construction in 2025 with a capital expenditure of up to US$5 billion”

Eloro

Warren won’t be drawn on other directors but thinks Scott is

“Doing a great job” and has said so to several investors

Noboa yesterday

“New Ecuador needs immediate actions to ensure resources that strengthen security, employment and protection of the most vulnerable”

Smickster not sure how anyone could “know” a bid is or isn’t coming ?

I think the hurdles are mostly geopolitical here.

Really interesting article about the challenges facing the mining industry in Ecuador but it’s clear they need to get the stuff out of the ground.

The reserves table illustrated is a nice reminder

https://www.bnamericas.com/en/features/the-logistics-challenges-facing-ecuadors-mining-industry

Paddy do you identify as a boy ?

Same again ….. jumped all over the rise ….. hey Ho

They never seem to let it go but it’ll have to happen sooner or later 2.6m traded ….. not too shoddy

Agreed Sharket …… Fort if you ask Nick he’s fully behind Scott

“ Sack the lot of them”

Mather is one of them ??

Hi Eloro he did elaborate on his answer a short while ago in his reply to China Blue

“Really depends, I would think if there is competitive pressure to move, things can be done quickly. With SolGold I imagine some potential buyers are reworking the mining plan which takes a lot of time. Even once that is done, they will work strategically to determine whether it makes sense for them to bid first or wait for somebody else to start the bidding”

Sid….. exactly what I did