Fabled Copper Uses Underground Drones and LIDAR To Deliver Spectacular Copper Video - Be Prepared To Be Blown Away
AGORACOM Small Cap CEO Interviews - Een podcast door AGORACOM
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Fabled Copper’s mandate is to explore and define high level and high-grade copper resources on its flagship Muskwa Property in Northern BC, which contains a minimum of 22 documented copper occurrences, of which 4 are defined deposits with historical reserves and resources. And the world is going to need a lot of Copper. Why? Global consumption is outstripping supply. “A new electric vehicle (EV) needs 80kg of Copper compared with just 23kg in an internal combustion engine vehicle” (Kitco) Demand for Copper is projected to rise by 5% yearly, outstripping supply which is projected to increase byjust 2.3% yearly. As a result, Copper prices are up 75% to $3.50/lb and Goldman Sachs is calling for $5.50 in 2023 EXCEPTIONAL RESULTS Fabled have released a tremendous amount of exploration results from their 2021 exploration program and the copper values are fantastic, beginning with a sample of 14.30 % Copper over 4.60 meters at the Lady Luck showing with a total of 16 surface samples over a vertical distance of 444 meters. Of the 16 samples collected, 10 were greater than 1%, copper, 5 greater than 5% copper, 5 greater than 10% copper and 2 greater than 20% copper. But it doesn't stop there, recent press releases have identified 7.69% copper at Belcher Creek, Keays South occurrence demonstrated 28.30% copper, the 8A Occurrence showed 25.60%, and the Mac Occurrence showed 19.60% These are exceptional numbers for a first year exploration program. The Muskwa property has a high grade mining history containing a minimum of 22 documented copper occurrences of which 3 are defined deposits with historical reserves and resources. 200 YEARS OF MANAGEMENT EXPERIENCE If a key element of junior exploration companies is their management, have a look at the combined experience amongst the management team with over 200 years combined exploration experience and all the knowledge that comes with it. COMBINING 2 CENTURIES OF EXPERIENCE WITH UNDERGROUND DRONES AND LIDAR In case you’re picturing a bunch of old school geologists - and they are LOL - you should also know this crew is smart enough to incorporate cutting edge technologies to exploit the significant exploration upside. The use of drones was prevalent throughout the 2021 exploration program and combined with the use of LIDAR and modern geophysics, the team plans on using the information gained to lead a very aggressive 2023 program to deliver a 43-101 by Q1 2024.. SEEING IS BELIEVING - BE PREPARED TO BE BLOWN AWAY Rather than trying to explain what the combination of a great project, great exploration team and cutting edge technology can deliver, be prepared to be blown away in the first 3 minutes of this interview with something you have never seen before. Sit back and enjoy this fantastic interview with CEO Peter Hawley!