Fabled Copper is Using Today's Advanced Drone Technology to Deliver the Copper Supply of Tomorrow

AGORACOM Small Cap CEO Interviews - Podcast tekijän mukaan AGORACOM

Kategoriat:

The World Needs Copper. Global consumption is outstripping supply. “A  new energy vehicle (EV) needs 80kg of Copper compared with 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 by 2.3% yearly and prices are at all-time highs of $4.75/lb  & Goldman Sachs calling for $5.50 in 2023 This is why Fabled  Copper’s mandate is to explore and define high level and high-grade  copper resources in on the Muskwa Property in Northern BC. ( which also  happens to be a tier one exploration jurisdiction). Fabled have  released 11 sets 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 showed19.60% These  are fantastic 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. The documented copper  occurrences are in 3 separate claim blocks (Neil, Toro, Bronson) and you  can see why Fabled is intent on taking a aggressive approach to  exploration and development. The project boast high-grade copper and  lots of it. And if that doesn’t help identify the discovery  opportunity, have a look at the combined experience amongst the  management team, over 200 years' combined exploration experience; and  with that comes knowledge, lots of it. They are using their experience  with 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  2022 program that will include drilling. At a time when Copper is  breaking out and trending within the 4.20 to 4.80 price range; up over  100% since early 2020 and the demand for critical metals required to  meet a growing demand for electric vehicles, the future for increased  copper demand is obvious. Sit back and enjoy this fantastic  interview with Peter as walks us through Fabled's use of drones to  deliver exploration results on this emerging Smallcap Copper growth  story of 2022 and beyond.

Visit the podcast's native language site