The James Connor interview“We may be looking at the source of the Keno Hill district.”
“Porphyry systems at depth make very large deposits.”
“Mineral potential of Alexco.”
"This is going to be a major target for the larger producers."
"Alexco has made it clear we can JV or merge."
"A bigger discovery means a major may acquire the district."
Greg Johnson
Metallic Minerals
Keno Hill:Potential of a CDE style district-a billion oz district.
La Plata:Earlier stage asset but a lot of value will be added over the next years.
Similiar to Keno Hill and Cripple Creek.
48 DH's -high grade targets with bulk tonnage targets.
Can advance quickly.
Has attracted interest from majors,already.
Modest DP this spring.
Many of the Nova Gold personnel are with me.
Historic district (Keno)-a lot more to be found.
Eight past-producing deposits.
Six advanced-stage assets to move quickly to resources.
12 new multi-kilometre targets(East Keno).Never been drilled.
Having existing infrastructure-Alexco- means quick advancement of resources.
Keno silver is the most advanced of our projects.
Our discovery is similar in size to Bermingham.
Potential of 50m-150m oz deposits-what majors are looking for.
More structural potential in the East.
Our work has id'd 12,separate large-scale targets.
The future in the west is to go-drill- deeper.
In the east discovery at surface is excellent.
We have done magnetic surveys.As we go east we see source or porphory systems.
This is the potential of bulk tonnage systems.
Soil samples are excellent indicators.
These are big! : 5 x 2 kms.
Very significant. To have a dozen of these in a world-class district is what majors go looking for.
Initial drilling confirms that we have doubled the size of the Keno district.
26 out of 30 holes is really encouraging.
Signatures suggest potential of bulk tonnage.
Penasquito is the big one-high grade veins and structures that are bulk tonnage.
Porphory systems at depth make very large deposits.
Buried intrusion.
Scale,occurances.
*We may be looking at the source of the Keno Hill district.*
Keno East: Broad silver mineralization we see potential of structural corridors
Average grade with widths -that is 25-30 million oz
We have the potential to build these targets quickly
Potential at Fox-one of 12- we've got room for tens of millions of oz at Fox,alone.
Mineral potential of Alexco.
We believe there's more Berminghams-50 million oz-in size
Drilling 10,000 m at Keno,for sure.
Then drilling other projects(La Plata).
Made discoveries.We are well funded and better recognised(within the industry).
Keno West news coming.
Drill program early this year.
Eric Sprott was an early investor at Nova Gold.
We are happy to have him on board (with MMG).
This was his foray into Keno Hill.
Advanced stage,scale and probability of discovery.
Swing for the fences opportunity.
We are not a well understood name but will become one of the better performers in the silver space.
We like scale and grade-what majors are looking for.
Low-risk jurisdiction.
Grow our discoveries into a resource.
Canadian address into a producing mine.
Large silver producers want 50 million oz plus.
We may have more Berminghams plus bulk tonnage.
Alexco has made it clear we can JV or merge.
A bigger discovery means a major may acquire the district.
Why wouldn't a major buy all of Keno?
This is our business model that is absolutely warming up.
Potential to be a top-ten producer(ALEXCO).
This is going to be a major target for the larger producers.
Edited version on our youtube channel.