1 00:00:00,200 --> 00:00:03,200 Each time we showed this to a major minor, you know, it was 2 00:00:03,439 --> 00:00:07,080 was a very very consistent response. This is a tenet of ten on an 3 00:00:07,120 --> 00:00:12,359 opportunity, a big opportunity for grade from surface and scale that would measure in. 4 00:00:12,519 --> 00:00:15,880 You know, in our view that the top ten potential global discoveries for 5 00:00:15,919 --> 00:00:20,440 Coffer, that constant narrative kept coming back from the majors, which is what 6 00:00:20,519 --> 00:00:24,480 drove me and gave me that confidence that we were chasing the right thing. 7 00:00:24,679 --> 00:00:28,600 We did consider looking at other assets at one point just to mitigate the risk 8 00:00:28,640 --> 00:00:32,000 of this, but the team pulled really strong in Peru and you know, 9 00:00:32,039 --> 00:00:36,679 time spent in the community doing great things socially and environmentally, and with with 10 00:00:36,759 --> 00:00:40,640 the farming and agriculture we brought in, it paid its dividends and so far, 11 00:00:41,000 --> 00:00:43,799 you know, we've been lucky twice out of three times on this project. 12 00:00:44,200 --> 00:00:55,320 The Financial Survival Network now more than ever the Financial Survival Network. And 13 00:00:55,479 --> 00:00:59,719 welcome. This is Financial Survival Network. I'm your minist Carry Letz, and 14 00:01:00,200 --> 00:01:03,200 we have an update on a project that has been going on for so long, 15 00:01:03,719 --> 00:01:10,439 finally reaching fruition, talking about particle Metals. Find it at partico metals 16 00:01:10,439 --> 00:01:15,319 dot com. CEO, Ivan Bewick is with us now. Ivan, the 17 00:01:15,359 --> 00:01:22,079 things are actually starting to happen with Copardico and well some thought it couldn't be 18 00:01:22,120 --> 00:01:26,760 done. But with a copper price at four dollars and sixty three cents firm 19 00:01:26,079 --> 00:01:33,040 community backing, you've you've actually pulled off the impossible here. Well thanks, 20 00:01:33,280 --> 00:01:37,359 Kerry. Look it's it's been some time and a lot of promises were made 21 00:01:37,400 --> 00:01:42,200 back in the twenty fifteen to twenty twenty effort where we raise the spent over 22 00:01:42,200 --> 00:01:46,159 one hundred million dollars looking for some of the world's largest discoveries, and we 23 00:01:46,200 --> 00:01:52,680 came on this Sombrero project, which advertised as an incredible asset by expiration potential, 24 00:01:53,079 --> 00:01:57,079 but came with a price which which unfortunately for investors who are extremely thankful 25 00:01:57,120 --> 00:02:01,760 for has been time. You know where we're sitting at a threshold here of 26 00:02:01,799 --> 00:02:07,079 a major threshold. We crossed with the communities where we've had a chance to 27 00:02:07,120 --> 00:02:10,319 live in the community, spend eight years learning about their needs and bring in 28 00:02:10,639 --> 00:02:15,520 predominantly agriculture programs to help them, you know, benefit with their nutrition in 29 00:02:15,560 --> 00:02:20,840 the Andes, an area that doesn't see much agriculture. These programs it's led 30 00:02:20,879 --> 00:02:25,080 to a really strong sustainable relationship between us and them, and it's giving us 31 00:02:25,159 --> 00:02:29,759 the ability to drill our first holes here in the coming month or so. 32 00:02:30,159 --> 00:02:32,840 We'll be hoping to drill here in June on one of the most coveted copper 33 00:02:32,879 --> 00:02:38,840 assets I'm aware of that's available to drill globally at the moment, right And 34 00:02:38,319 --> 00:02:42,759 you know, you kind of went through a lot of obstacles to get here, 35 00:02:43,000 --> 00:02:46,039 not the least of which was getting the community support, full community support 36 00:02:46,439 --> 00:02:51,879 and getting your permits. Yeah, so these obstacles. You know, there's 37 00:02:51,680 --> 00:02:55,319 there's two major things we faced here. One is is it expiration? Is 38 00:02:55,360 --> 00:02:59,560 it probable enough to be a major shot? You know, is that is 39 00:02:59,639 --> 00:03:04,520 that put potential for multiple big discoveries is at present or not? And we 40 00:03:04,599 --> 00:03:08,240 got through that through multiple areas of work that we've done, not only demonstrating 41 00:03:08,240 --> 00:03:13,479 considerable mineralization on surface we see it in the third dimension with some previous role 42 00:03:13,520 --> 00:03:16,360 holes, but we also were challenged with the age of when this mineralization was 43 00:03:16,400 --> 00:03:22,120 formed. We and several major mining companies confirmed that it was all formed at 44 00:03:22,120 --> 00:03:25,199 the same age as all the major minds nearby on the same mining trend. 45 00:03:27,319 --> 00:03:30,919 This is an event in our careers to possibly extend a world class mining trend 46 00:03:31,159 --> 00:03:35,199 which would go well beyond a big discovery, would give us the chance to 47 00:03:35,240 --> 00:03:38,840 have multiple potential major discoveries. And going back to Orrin in twenty twenty, 48 00:03:39,039 --> 00:03:44,960 right before COVID when we decided to do the split, the actual whole spirit 49 00:03:45,000 --> 00:03:49,639 of that transaction came from a gentleman that was the head of expiration for BHP, 50 00:03:50,080 --> 00:03:53,840 the largest mining companies in the world. This name is Keenan Jennings and 51 00:03:53,080 --> 00:03:57,240 if you watch in recent news that Keenan has recently joined our board and he 52 00:03:57,319 --> 00:04:00,759 became a shareholder in the company. But he pulled me a side back in 53 00:04:00,759 --> 00:04:03,120 twenty eighteen and said to me, Ivan, look, this is at the 54 00:04:03,120 --> 00:04:09,400 top of our list for a coveted exploration projects and my favorite one. And 55 00:04:09,439 --> 00:04:13,919 if you want an investment from us, or if you want us to eventually 56 00:04:14,000 --> 00:04:16,240 consider buying this from you, which is our end business goal to sell to 57 00:04:16,279 --> 00:04:21,000 a major once we'd monetize and de risked a lot of the discovery, we 58 00:04:21,040 --> 00:04:25,399 would like it separated from your gold and silver assets. So that was the 59 00:04:25,439 --> 00:04:30,759 spirit, and we took that forefront where we stumbled first was in twenty twenty 60 00:04:30,079 --> 00:04:34,360 one, once COVID was in full effect. We were not able to have 61 00:04:34,560 --> 00:04:40,160 community meetings or assemblies, nor did we push them. When people's well being 62 00:04:40,199 --> 00:04:44,120 and health was of serious concern and it was at the forefront of everyone's mind. 63 00:04:44,519 --> 00:04:48,240 We actually had a chance to step in when governments were burdened with constant 64 00:04:48,600 --> 00:04:53,720 issues around their country and we were able to step in into these world communities 65 00:04:53,759 --> 00:04:57,279 and help out where the governments weren't quite able to get there, and then 66 00:04:57,360 --> 00:05:01,639 further on continue building incredible relations. Bringing in the agricultural programs to help with 67 00:05:01,680 --> 00:05:06,720 the nutrition in the region as our first major commitment to these towns. We've 68 00:05:06,759 --> 00:05:12,560 now expanded that and now we're actually creating jobs and everything we're doing carry is 69 00:05:12,600 --> 00:05:15,560 going to last well beyond whether we find a mine or not. Expiration is 70 00:05:15,600 --> 00:05:19,560 a risky business. It comes and goes, but the communities we're impacting with 71 00:05:19,639 --> 00:05:25,360 our social efforts are going to be enjoying these positive, sustainable benefits for many 72 00:05:25,439 --> 00:05:29,480 decades to come, and that's something we're extremely proud of. The weights to 73 00:05:29,519 --> 00:05:32,000 get to being listed, or to the stage of now where we're financing ourselves 74 00:05:32,040 --> 00:05:35,600 to drill and list the company. This weight's been tough because it endured that 75 00:05:35,639 --> 00:05:39,959 the worst two years that I've seen in my twenty five years being in the 76 00:05:40,000 --> 00:05:45,519 business, and probably the same for every mining billionaire entrepreneur I've spoken too well 77 00:05:45,560 --> 00:05:49,480 before my time, it was challenging. The cliff that Metals fell off of 78 00:05:49,639 --> 00:05:53,720 in twenty one twenty two, in a bit of twenty three, it was 79 00:05:53,800 --> 00:05:58,000 quite severe, and I had never seen sentiment lowers, so it pushed a 80 00:05:58,040 --> 00:06:00,720 lot of a lot of perseverance, and even at the board level there was 81 00:06:00,759 --> 00:06:04,439 concern a year ago. The board wasn't sure we'd make it through. And 82 00:06:04,839 --> 00:06:09,519 at the same time, you know, shareholders were frustrated, and it took 83 00:06:09,759 --> 00:06:13,560 you know, some check writing for myself and many great shareholders and some new, 84 00:06:13,639 --> 00:06:16,319 very big supporters to come online to get us through. And I held 85 00:06:16,360 --> 00:06:19,439 on. And you know a lot of people ask me, what was your 86 00:06:19,639 --> 00:06:24,160 main ingredient to persevere through all of this. Well, there was three things. 87 00:06:24,519 --> 00:06:28,279 There was the opportunity, no question, because it starts there. There 88 00:06:28,399 --> 00:06:32,079 was the constant improvement in our relations with the communities that are affected by this 89 00:06:32,160 --> 00:06:36,720 project, which was very enticing. And Thirdly, it was the outside interest 90 00:06:36,839 --> 00:06:41,680 of major mining companies, and I think we've checked the box of five or 91 00:06:41,720 --> 00:06:45,000 six of some of the larger ones in the world, and we kept getting 92 00:06:45,000 --> 00:06:48,920 a ten out of ten report card on the expiration opportunity. This certainly doesn't 93 00:06:48,959 --> 00:06:54,560 guarantee our discovery. But the way we're looking at this project right now is 94 00:06:54,600 --> 00:06:58,439 we view three to or four holes to confirm the thesis that we might have 95 00:06:59,000 --> 00:07:02,600 the next potential bombas in the world, and probably it'll take us three to 96 00:07:02,639 --> 00:07:06,879 three years minimum to find out it's not there. And that's the longevity that 97 00:07:06,959 --> 00:07:12,319 you want to have as an expiration investor behind your investment. You know, 98 00:07:12,360 --> 00:07:15,199 we're raising capital right now, and I'm sure we'll get into that in a 99 00:07:15,240 --> 00:07:17,279 moment, but we're going to get a couple of years of working capital and 100 00:07:17,399 --> 00:07:21,160 four different phases of drilling funded. That's our goal here, so that we 101 00:07:21,199 --> 00:07:25,680 can keep testing and testing, and if we get it right early, the 102 00:07:25,800 --> 00:07:29,040 chance to perform for a share price is going to be substantial. If it 103 00:07:29,079 --> 00:07:30,720 takes a bit more time to get it right, we at least won't have 104 00:07:30,839 --> 00:07:34,240 to go back to market to keep raising. So we're at a very very 105 00:07:34,480 --> 00:07:39,560 very pivotal flection point with Joe permits in hand that came in about two weeks 106 00:07:39,600 --> 00:07:43,439 ago, and getting our capital to go drilling here, which will start in 107 00:07:43,439 --> 00:07:47,079 about a month's time after the financing closes in May fifteenth. All right, 108 00:07:47,120 --> 00:07:51,680 so let's talk a little bit about the team of how it stands right now. 109 00:07:53,279 --> 00:07:56,240 Yeah, that's a great topic. You know, we started with some 110 00:07:56,360 --> 00:08:00,759 great geologists from Numont and you know it's rare to see this, but in 111 00:08:00,800 --> 00:08:03,439 the case here, you know, I have to say it did. The 112 00:08:03,480 --> 00:08:07,879 project actually outlasted some geologists, even though it has all the potential. And 113 00:08:07,920 --> 00:08:11,000 this is no fault to them. Is everyone loves the asset, but it's 114 00:08:11,040 --> 00:08:15,319 just time and pressure and concerns with industry. What we've been able to do, 115 00:08:15,399 --> 00:08:18,279 though, is bring in some new people to the team. Christian Rios 116 00:08:18,360 --> 00:08:22,639 or SVP of Corporate Development, who's based out of Lima. He's not new, 117 00:08:22,680 --> 00:08:26,519 he's been there from the beginning and he's been our key person, not 118 00:08:26,720 --> 00:08:30,279 just with communities arranging all of the great things we've done, but with the 119 00:08:30,319 --> 00:08:33,720 government in Peru to get us through the permitting process and give us some really 120 00:08:33,720 --> 00:08:37,600 good footing in country. Tim Kingsley's new he's been with us for about a 121 00:08:37,679 --> 00:08:41,120 year and a half. He's our VP of Exploration. He's got about nineteen 122 00:08:41,200 --> 00:08:46,200 years in the business. He's very prudent. I would say he's an understated, 123 00:08:46,399 --> 00:08:50,960 underspoken geologist. And the first thing when I showed him sombrero, when 124 00:08:50,960 --> 00:08:54,559 we showed him with our technical team, first thing I asked him was what 125 00:08:54,639 --> 00:08:58,240 do you think you know all these majors love the asset, the previous geologists 126 00:08:58,240 --> 00:09:01,320 love the asset. And he said, Ivan, I'm not going to tell 127 00:09:01,320 --> 00:09:05,440 you until I go see it myself. And he had to go to the 128 00:09:05,480 --> 00:09:09,559 project twice before he came back and finally gave me the big thumbs up on 129 00:09:09,559 --> 00:09:13,600 the project. And that's important because the more you look at the project, 130 00:09:13,799 --> 00:09:18,080 even the rock over my shoulder here in the video here, the more you 131 00:09:18,080 --> 00:09:20,679 look at the rock, the more you like it, and you get a 132 00:09:20,720 --> 00:09:24,840 bias that develops over time. And bringing somebody in new at the forefront of 133 00:09:24,879 --> 00:09:28,960 the project was fresh eyes and fresh perspective. Tim was the first person we 134 00:09:30,039 --> 00:09:33,159 added. The second one was Keenan Jennings, who I'd met back when he 135 00:09:33,200 --> 00:09:37,120 was with PHP and obviously there was interest in the project. Keenan comes from 136 00:09:37,320 --> 00:09:43,120 a very very impressive geological background. He had worked on Outogo for Rio Tinto, 137 00:09:43,480 --> 00:09:46,720 he had subsequently worked on had been to Sombrero and worked with a BHP 138 00:09:46,799 --> 00:09:52,279 as head of exploration. He actually had a familiarity with lost Bombas that supersedes 139 00:09:52,320 --> 00:09:56,799 all of us, where he was mapping lost Bombas back in two thousand with 140 00:09:56,879 --> 00:10:01,559 Anglo before that discovery was made. So he came on at the board level. 141 00:10:03,320 --> 00:10:07,480 His background has also got an MBA and he's a very very commercial minded 142 00:10:07,000 --> 00:10:11,320 economic geologist, so he actually thinks about the monetization part just the same as 143 00:10:11,360 --> 00:10:16,879 we do. And the combination with him Tim Kingsley, Christian Rios and Antonio 144 00:10:16,000 --> 00:10:22,919 Reebis was formerly the VP of Geosciences for BHP. Having those two executives really 145 00:10:22,000 --> 00:10:26,440 gives us the ability to punch well above our belt in terms of technical ability 146 00:10:26,600 --> 00:10:31,200 and to measure it a quality that you would hope to see at a major 147 00:10:31,240 --> 00:10:35,159 mining company. So that's how we've set ourselves up here as we're about to 148 00:10:35,200 --> 00:10:39,960 take on this exciting multi year exploration effort to go find the big One. 149 00:10:39,360 --> 00:10:43,840 I couldn't be more happier at the board level as well as on the team, 150 00:10:43,320 --> 00:10:48,919 having hungry geologists in their mid forties as well as a senior geologist you 151 00:10:48,960 --> 00:10:52,120 know, approaching sixty and early sixties. You got a combination of experience and 152 00:10:52,200 --> 00:10:56,399 knowledge with hungary and mature geologist on the team, which is this is one 153 00:10:56,399 --> 00:11:01,080 of the best teams I'm aware of globally right now. So this is multi 154 00:11:01,200 --> 00:11:05,679 year efforts. Year. It really has been a roller coaster. It's had 155 00:11:05,679 --> 00:11:11,039 its ups and downs, but yet you persevered. Yeah, the perseverance it 156 00:11:11,080 --> 00:11:13,159 came from the majors. You know, each time we showed this to a 157 00:11:13,200 --> 00:11:16,679 major minor, you know, it was was a very very consistent response. 158 00:11:18,120 --> 00:11:22,360 This is a tenet of ten on an opportunity, a big opportunity for grade 159 00:11:22,399 --> 00:11:26,759 from surface and scale that would measure you know, in our view that the 160 00:11:26,799 --> 00:11:31,879 top ten potential global discoveries for copper. That constant narrative kept coming back from 161 00:11:31,879 --> 00:11:37,440 the majors, which is what drove me and gave me that confidence that we 162 00:11:37,440 --> 00:11:41,159 were chasing the right thing. We did consider looking at other assets at one 163 00:11:41,200 --> 00:11:45,360 point just to mitigate the risk of this, but the team pulled really strong 164 00:11:45,399 --> 00:11:50,039 in Peru and you know, time spent in the community doing great things socially 165 00:11:50,080 --> 00:11:54,600 and environmentally and with the farming and agriculture we brought in, it paid its 166 00:11:54,600 --> 00:11:58,039 dividends. And so far, you know, we've been lucky twice out of 167 00:11:58,080 --> 00:12:01,639 three times on this project, lucky to find the project and have the opportunity. 168 00:12:01,679 --> 00:12:05,639 We've been lucky with the communities to get the access with them, and 169 00:12:05,679 --> 00:12:09,919 we can't wait to do more with them and provide additional jobs as we go 170 00:12:09,000 --> 00:12:11,600 forward. And the third luck we're going to look for us is at the 171 00:12:11,679 --> 00:12:16,159 drill bit to see if we can find something of substantial scale in this rising 172 00:12:16,200 --> 00:12:20,080 copper environment. And it is truly a remarkable time. And I wish Kerrie 173 00:12:20,120 --> 00:12:24,200 that I could take credit for planning it this well, but the copper market 174 00:12:24,240 --> 00:12:28,879 has certainly planned us as we see copper at around four to sixty three a 175 00:12:28,879 --> 00:12:33,279 pounds US as we're talking today, and we're just entering copper deficit here, 176 00:12:33,440 --> 00:12:37,600 which will be a lot more serious in the next years to come as electrification 177 00:12:37,720 --> 00:12:41,480 and the modernization of the planet with the new electric vehicles as well as AI 178 00:12:41,559 --> 00:12:46,480 initiatives are really pushing forward on the technical innovation demand. And I think copper 179 00:12:46,519 --> 00:12:52,240 as itself, it sits in a very tough spot for quality copper deposits. 180 00:12:52,399 --> 00:12:54,519 And then the last part about copper, which is really important and no one's 181 00:12:54,559 --> 00:12:58,279 talking about. This is three of the top ten copper minds in the world 182 00:12:58,519 --> 00:13:01,919 our schedule to shut down in the next ten years, to be at the 183 00:13:03,000 --> 00:13:07,480 end of their mind lives. And this just adds way more to already a 184 00:13:07,519 --> 00:13:11,480 really good copper market here of consequence, that's just starting to get started. 185 00:13:11,480 --> 00:13:13,960 And you know, the view we had back at Oran was that all commodities 186 00:13:15,000 --> 00:13:18,600 would pick up as we're going out to make these world class discoveries, and 187 00:13:18,639 --> 00:13:22,559 we certainly see gold and silver are starting to participate. The copper's kind of 188 00:13:22,600 --> 00:13:26,080 been the big, the bull leading one that's that's got everyone's attention. It's 189 00:13:26,159 --> 00:13:31,879 very easy to understand anybody with an electronic device or an electric vehicle or is 190 00:13:31,879 --> 00:13:35,360 building or renovating their house can understand the amount of copper that's needed. But 191 00:13:35,440 --> 00:13:39,679 a lot of things that I've said this before, the world got it wrong 192 00:13:39,000 --> 00:13:43,320 on the supply side. You know, we saw one minor disruption with the 193 00:13:43,360 --> 00:13:48,120 mine in Panama Cobre Panama versus Quantum's mind, and the impact of that is 194 00:13:48,240 --> 00:13:52,000 serious. You know, there could be more disruptions. You don't know. 195 00:13:52,360 --> 00:13:54,960 But at the same time, on the exploration side, which is what we 196 00:13:54,039 --> 00:13:58,759 do, it's even harder to find these things hard enough that will spend half 197 00:13:58,799 --> 00:14:05,360 my career chasing a big swing like Sombrero and our Copernicle main flagship asset has. 198 00:14:05,759 --> 00:14:07,919 And that's where we are today. We're about to get our financing complete 199 00:14:09,279 --> 00:14:11,720 and start with our first drill permits to start drilling in the next thirty to 200 00:14:11,720 --> 00:14:16,639 forty days. Amazing, amazing because I've been following the story for the better 201 00:14:16,679 --> 00:14:22,480 part of plus to five years now, and I to admit there are times 202 00:14:22,480 --> 00:14:26,080 I was scratching my head, thinking can you pull the rabbit out of the 203 00:14:26,120 --> 00:14:28,960 hat? Can this really be done? Or is he'd just taken on too 204 00:14:30,000 --> 00:14:35,559 big a challenge that no mere mortal can really overcome. Yeah. Well, 205 00:14:35,840 --> 00:14:39,720 I'm a shareholder first, Carrie, and i'm a coe second. And you 206 00:14:39,799 --> 00:14:43,759 know, from my original position at Oran, I bought over five and a 207 00:14:43,799 --> 00:14:46,000 half million dollars of Oran in the open market, up to as high as 208 00:14:46,000 --> 00:14:50,919 three seventy five per share. And I didn't buy that for any other reason 209 00:14:50,960 --> 00:14:54,480 than personal greed, and I thought we had it. The first half of 210 00:14:54,519 --> 00:14:58,159 that was buying because of Committee Bay. The second half of that position was 211 00:14:58,279 --> 00:15:01,039 because of the opportunity as Sombrero, and I've added more since then to keep 212 00:15:01,080 --> 00:15:05,360 the company going and get to this flection point where we are. I mean, 213 00:15:05,600 --> 00:15:09,039 you know, when I look at these companies that I'm involved in any 214 00:15:09,039 --> 00:15:11,279 aspect, I always look at as a shareholder first, and that's where the 215 00:15:11,279 --> 00:15:16,039 benefit has to come at the end of the day, secondary to the communities. 216 00:15:16,360 --> 00:15:18,320 And I learned on the social part with Keegan, our first company in 217 00:15:18,360 --> 00:15:22,399 Ghana, West Africa. We impacted eight thousand people with that discovery of fine 218 00:15:22,399 --> 00:15:28,600 million ounces, and those people today are continually benefiting from that footprint in terms 219 00:15:28,600 --> 00:15:31,720 of what we're doing here, whether we find a mine or not. But 220 00:15:31,799 --> 00:15:35,000 even if we do find one, long after the mind's gone or the money's 221 00:15:35,000 --> 00:15:39,720 made, this community is still going to be benefiting from all these agricultural programs 222 00:15:39,759 --> 00:15:41,919 and many different things that we're going to do with them over the years as 223 00:15:41,919 --> 00:15:46,000 we go on this adventure. So that's a really big gratification part. It's 224 00:15:46,000 --> 00:15:50,279 not just about the money. It's also about the people. But if you're 225 00:15:50,279 --> 00:15:54,200 an investor into our company and you've been able to wait this long and you 226 00:15:54,240 --> 00:15:58,120 still have your position. You're very lucky, and if you're new to the 227 00:15:58,559 --> 00:16:03,120 story right now, you're even lucky here because you're paying for nine years and 228 00:16:03,159 --> 00:16:07,399 you're paying for some perseverance and tenacity that is uncommon, especially in volatile, 229 00:16:07,799 --> 00:16:12,279 tough times. But the asset, the background, the feedback from third parties 230 00:16:12,639 --> 00:16:17,399 has been strong enough to give us that third party validation that we really have 231 00:16:17,480 --> 00:16:19,679 a shot here, and that points to me to the next point we're raising. 232 00:16:19,960 --> 00:16:25,039 We announced we're raising fifteen million dollars. We announced that a major mining 233 00:16:25,080 --> 00:16:29,639 company is buying nine point nine percent of Copernico, the entire company. This 234 00:16:29,720 --> 00:16:33,559 is a significant mote of confidence. Once again. Numont does own eight percent 235 00:16:33,600 --> 00:16:37,519 of the company and their most recent position was we want to see what happens 236 00:16:37,559 --> 00:16:41,039 with the drill bit. The new company coming in won't be named until the 237 00:16:41,039 --> 00:16:45,799 closing of the financing, but they jump that. They jumped the line on 238 00:16:45,039 --> 00:16:48,799 four others that we're looking at. It very serious, and the big challenge 239 00:16:48,840 --> 00:16:53,159 we had with some of these negotiations was a lot of the bigger miners wanted 240 00:16:53,480 --> 00:16:57,559 books to production or ways to invest at the project level, and we felt 241 00:16:57,559 --> 00:17:02,399 that would really limit our upside as what we've set out to do for shareholders, 242 00:17:02,799 --> 00:17:04,799 so weed it. We picked one of them that fits best with what 243 00:17:04,839 --> 00:17:10,119 we were looking for, and we're already developing an excellent relationship with them, 244 00:17:10,599 --> 00:17:12,880 and I think they're the right partner right now to drive this thing ahead. 245 00:17:12,920 --> 00:17:18,480 And we're going to be in a very very strong financial position here shortly as 246 00:17:18,519 --> 00:17:22,240 we close this financing in the coming weeks, and we're above interest on what 247 00:17:22,279 --> 00:17:25,119 we went out to raise, which was fifteen million. So we'll just be 248 00:17:25,200 --> 00:17:29,200 intelligent on a case by case basis to take the best shareholders and looks to 249 00:17:29,240 --> 00:17:32,960 go drill some of the best holes we can in this copper environment. And 250 00:17:33,039 --> 00:17:37,039 then I guess that's the next major step for us, and then the question 251 00:17:37,079 --> 00:17:40,319 will come down to how do we know if we've got it or not? 252 00:17:41,079 --> 00:17:44,960 And that's the next step. So in our presentation you can go to the 253 00:17:45,000 --> 00:17:48,079 back of the deck in the appendix, we've got a couple of slides from 254 00:17:48,119 --> 00:17:52,359 Los Bambus and if anyone's wondering if we already have holes that indicate that that 255 00:17:52,640 --> 00:17:56,200 thesis is in place or if it's going to continue, and if we're on 256 00:17:56,240 --> 00:18:02,079 to this big potential thesis that we might have major mind. I'd encourage you 257 00:18:02,200 --> 00:18:04,200 when you wait for a draw results to go look at those holes drill that 258 00:18:04,240 --> 00:18:10,640 lost Bombus and they range from forty meters to one hundred and fifty meters of 259 00:18:10,799 --> 00:18:15,519 point four to one point five percent copper. But they they're right from surface 260 00:18:15,559 --> 00:18:19,039 or near surface. They're continuous to a point where Lost Bombus has about one 261 00:18:19,039 --> 00:18:23,759 point six billion tons a point six percent copper. And to translate this to 262 00:18:23,799 --> 00:18:27,599 gold, that's about fifty million ounces of gold five zero million ounces of gold 263 00:18:27,880 --> 00:18:32,519 in gold numbers. And that's what we're looking for in copper scale. To 264 00:18:32,559 --> 00:18:36,720 give you kind of the gravity of how great this opportunity really is. Right, 265 00:18:36,799 --> 00:18:40,519 and then I guess once the financing is completed, you're moving ahead. 266 00:18:41,119 --> 00:18:44,759 Listing is going to occur at some point in the not too distant future. 267 00:18:45,319 --> 00:18:49,119 That's that's now the most asked question by shareholders. Everyone's wondering when we're going 268 00:18:49,200 --> 00:18:53,799 to list. Where we sit there is. We're filing our last documents. 269 00:18:53,799 --> 00:18:59,319 It's an A AIF and an independent technical report called the forty three to one 270 00:19:00,039 --> 00:19:04,039 filing those with the completion of this financing with the TSX, and we're looking 271 00:19:04,039 --> 00:19:10,240 to apply to list there and we hope to have a listing trading symbol within 272 00:19:10,480 --> 00:19:14,039 three to six weeks after that application is filed. It will be up to 273 00:19:14,039 --> 00:19:17,680 the exchange and how quick or long that takes, but we've done our best 274 00:19:17,759 --> 00:19:21,640 to have all documents in order, so stay tuned for further updates. Will 275 00:19:21,640 --> 00:19:25,880 be very, very very formal with our updates as they come, so we 276 00:19:25,920 --> 00:19:29,640 can give everybody a price there. Sorry, I'm in a symbol to look 277 00:19:29,680 --> 00:19:33,839 forward to for when this company might trade. And the recent financing was done 278 00:19:33,880 --> 00:19:37,480 at fifty cents with a half of warrant at seventy five cents. That's good 279 00:19:37,480 --> 00:19:41,279 for two years. Just to let everybody know what where we've recently valued the 280 00:19:41,319 --> 00:19:45,839 company. That's about a seventy million dollar valuation pre money, and this gives 281 00:19:45,920 --> 00:19:48,119 us, you know, I think a very fair opportunity based on the thirty 282 00:19:48,160 --> 00:19:52,480 five million we've spent and the nine years of time that we've put in to 283 00:19:52,519 --> 00:19:56,000 get to this point. So very exciting four to six weeks ahead from this 284 00:19:56,279 --> 00:20:00,440 interview that we're doing here, Carrie can't wait to trade. A very excited 285 00:20:00,440 --> 00:20:04,920 to turn the drills and see what we've got, all right, exciting times. 286 00:20:06,079 --> 00:20:11,319 I'm really happy you on shares as well in the comparticle and looking forward 287 00:20:11,359 --> 00:20:18,000 to when they become free trading on the market. But for sure it was 288 00:20:18,079 --> 00:20:22,039 worth holding out just for the story, the excitement and the future potential in 289 00:20:22,119 --> 00:20:27,400 any event to go over to coparticometals dot com sign up for email alerts so 290 00:20:27,440 --> 00:20:33,640 you will find out when the financing is completed and as well as when the 291 00:20:33,759 --> 00:20:37,359 inevitable listing will take place ed If you have any questions, just direct them 292 00:20:37,400 --> 00:20:41,880 to me, Carrie Let's k el at Carrie Lutz dot com Ada. Thanks 293 00:20:41,920 --> 00:20:45,160 for stopping by giving us this update and we'll look forward to more. Thank 294 00:20:45,200 --> 00:20:48,960 you so much, and thanks for your patience and everyone else who had patients 295 00:20:49,000 --> 00:20:52,680 with us and those who've written checks to help us get through. Thank you 296 00:20:52,759 --> 00:20:56,039 very much for your support. And it's gone to a great place and some 297 00:20:56,119 --> 00:21:00,119 great things are finally happening, so look forward to it and thanks again and 298 00:21:00,160 --> 00:21:08,920 carry the Financial Survival Network