Rock Talk: Mining Demystified

Karl Woll

Curious about the inner workings of the mining industry but don't have a background in geology or engineering? Rock Talk is a weekly interview show that takes you behind the scenes with industry experts. Each episode, host, Karl Woll of VRIFY Technology, sits down with an expert from the mining world to discuss the latest trends, technologies, and challenges facing the sector. From exploration and extraction to processing and sustainability, we cover the full mining lifecycle in an engaging, jargon-free way. Whether you're an executive, investor, policymaker, or simply have a general interest in natural resources, Rock Talk will help you better understand this vital global industry. === Disclaimer === This podcast is for informational purposes only and does not constitute financial advice. Investing in stocks involves risks, including the loss of principal. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Rock Talk does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. Rock Talk is not liable for representations, warranties, or omissions in its content. By accessing our content, users agree that Rock Talk bears no liability related to the information provided or the investment decisions you make. read less

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The Ins and Outs of PEAs (Guest Luke Alexander, Newcore Gold)

The Ins and Outs of PEAs (Guest Luke Alexander, Newcore Gold)

In this interview, Luke Alexander, CEO & President of Newcorew Gold, discusses importance of Preliminary Economic Assessments, and the key differences in Newcore's recently released 2024 PEA vs their 2021 PEA.Here's what you will learn:Luke's background on the banking and financing side before joining Newcore Gold. What Luke enjoys about the corporate side of the industryWhat is the importance of a PEA?The key takeaways and economics of Newcore Gold's updated PEA. Further upside potential at Enchi, and considerations for mine site design.Luke's closing thoughts on the mining sector.About Newcore GoldThis interview with Luke Alexander was recorded on April 26, 2024.Newcore Gold (TSX.V:NCAU) owns 100% of their flagship Enchi Gold Project in Ghana, located along one of West Africa’s most prolific and developed gold trends.Links and Resources from this EpisodeYouTube Interview with Luke AlexanderNewcore Gold's websiteNewcore Gold is listed on the TSX.V under ticker NCAU and the OTCQX under ticker NCAUFFollow Rock Talk and Provide FeedbackVisit our website at www.rocktalkpod.comSubscribe on YouTube for the video format with visualsSubscribe on Apple Podcasts, Spotify, or your favourite podcast appFollow @karlwoll on X-TwitterDo you have feedback or want to suggest a guest? Fill out this form. Jargon in Today's EpisodePEA: a "PEA" or Preliminary Economic Assessment is an initial study to determine the potential viability and profitability of a mining project before more detailed and expensive evaluations are undertaken.NPV: "NPV" or Net Present Value is a financial metric used to assess the profitability of a project by calculating the difference between the present value of cash inflows and outflows over the life of the project.IRR: "IRR" or Internal Rate of Return is a financial measure used to evaluate the profitability of a project, representing the annualized effective compounded return rate at which all the project's net cash flows (both incoming and outgoing) are equal to zero.AISC: "AISC" or All-In Sustaining Cost is a comprehensive measure that captures the total expenses associated with producing metals from a mine, including operating costs and additional expenses necessary to maintain production.Along strike: refers to the direction parallel to the length of a geological feature, such as a layer of rock or a vein of ore, following its natural horizontal extension.Long section: a vertical slice through the ore body or geological structure, providing a side view that helps in understanding the depth and distribution of the minerals within.High-grade chutes: refer to areas within a mineral deposit where the concentration of valuable minerals is significantly higher than the surrounding ore, often leading to more profitable extraction.Timestamps(00:00) Episode introduction(01:44) Luke's background in the industry(03:26) Playing the long game and the cyclical nature of mining(06:48) What is a...

Episodes

The Ins and Outs of PEAs (Guest Luke Alexander, Newcore Gold)

The Ins and Outs of PEAs (Guest Luke Alexander, Newcore Gold)

In this interview, Luke Alexander, CEO & President of Newcorew Gold, discusses importance of Preliminary Economic Assessments, and the key differences in Newcore's recently released 2024 PEA vs their 2021 PEA.Here's what you will learn:Luke's background on the banking and financing side before joining Newcore Gold. What Luke enjoys about the corporate side of the industryWhat is the importance of a PEA?The key takeaways and economics of Newcore Gold's updated PEA. Further upside potential at Enchi, and considerations for mine site design.Luke's closing thoughts on the mining sector.About Newcore GoldThis interview with Luke Alexander was recorded on April 26, 2024.Newcore Gold (TSX.V:NCAU) owns 100% of their flagship Enchi Gold Project in Ghana, located along one of West Africa’s most prolific and developed gold trends.Links and Resources from this EpisodeYouTube Interview with Luke AlexanderNewcore Gold's websiteNewcore Gold is listed on the TSX.V under ticker NCAU and the OTCQX under ticker NCAUFFollow Rock Talk and Provide FeedbackVisit our website at www.rocktalkpod.comSubscribe on YouTube for the video format with visualsSubscribe on Apple Podcasts, Spotify, or your favourite podcast appFollow @karlwoll on X-TwitterDo you have feedback or want to suggest a guest? Fill out this form. Jargon in Today's EpisodePEA: a "PEA" or Preliminary Economic Assessment is an initial study to determine the potential viability and profitability of a mining project before more detailed and expensive evaluations are undertaken.NPV: "NPV" or Net Present Value is a financial metric used to assess the profitability of a project by calculating the difference between the present value of cash inflows and outflows over the life of the project.IRR: "IRR" or Internal Rate of Return is a financial measure used to evaluate the profitability of a project, representing the annualized effective compounded return rate at which all the project's net cash flows (both incoming and outgoing) are equal to zero.AISC: "AISC" or All-In Sustaining Cost is a comprehensive measure that captures the total expenses associated with producing metals from a mine, including operating costs and additional expenses necessary to maintain production.Along strike: refers to the direction parallel to the length of a geological feature, such as a layer of rock or a vein of ore, following its natural horizontal extension.Long section: a vertical slice through the ore body or geological structure, providing a side view that helps in understanding the depth and distribution of the minerals within.High-grade chutes: refer to areas within a mineral deposit where the concentration of valuable minerals is significantly higher than the surrounding ore, often leading to more profitable extraction.Timestamps(00:00) Episode introduction(01:44) Luke's background in the industry(03:26) Playing the long game and the cyclical nature of mining(06:48) What is a...

The World of Technical Reports Explained (Guest Josh Serfass, Integra Resources)

The World of Technical Reports Explained (Guest Josh Serfass, Integra Resources)

In this interview, Josh Serfass, Investor Relations at Integra Resources, provides a fascinating look at the often complex world of technical reports - PEAs, PFSs, and FSs.Here's what you will learn:Josh's unique journey into the industry through a batch of baked goodies.A simplified explanation of the critical technical reports junior exploration companies need to navigate.The upside potential at Integra Resources’ DeLamar project and the upcoming Feasibility Study.Josh’s top tips for anyone new to the industry.About Integra ResourcesThis interview with Josh Serfass was recorded on April 15, 2024.Integra Resources (TSX.V:ITR) owns the DeLamar Project, a development-stage gold and silver project, in southwestern Idaho. The project has a large resource base, significant exploration potential, and the ability to leverage existing infrastructure and historical mining facilities.Links and Resources from this EpisodeYouTube Interview with Josh SerfassIntegra Resources websiteIntegra's PFS Deck (VRIFY 3D Model) Integra Resources is listed on the TSX.V under ticker ITRFollow Rock Talk and Provide FeedbackVisit our website at www.rocktalkpod.comSubscribe on YouTube for the video format with visualsSubscribe on Apple Podcasts, Spotify, or your favourite podcast appFollow @karlwoll on X-TwitterDo you have feedback or want to suggest a guest? Fill out this form. Jargon in Today's EpisodeGIS: Geographic Information Systems is a technology used to analyze and visualize geographic data to help locate mineral deposits and plan mining operations.IR: Investor Relations, which involves managing communications and relationships between the mining company and its investors to provide updates and information about the company’s performance and prospects.Deposit: a natural concentration of minerals within the Earth that can be economically extracted and used.Ore body: a concentrated accumulation of minerals within the Earth's crust that contains enough metal to be economically extracted and processed.Metallurgy: refers to the science and technology of extracting metals from their ores, refining them, and preparing them for use.Heap leach pad: a large, lined area where piles of crushed ore are placed and irrigated with a chemical solution to extract valuable metals like gold and copper.Flotation plant: a facility where the flotation process is used to separate valuable minerals from ore by mixing crushed rock with water and chemicals, causing the minerals to float to the surface for collection.(Non) Oxides: "oxide" refers to minerals containing oxygen that are often easier to process, while "non-oxide" refers to minerals without oxygen, typically requiring more complex extraction methods.Timestamps(00:00) Introduction(02:09) How did Josh get into mining?(04:55) Josh's approach to learning the industry(07:28) An overview of...

Using AI for Gold Exploration (Guest Michael Hudson, Southern Cross Gold)

Using AI for Gold Exploration (Guest Michael Hudson, Southern Cross Gold)

In this interview, Michael Hudson, Managing Director of Southern Cross Gold, discusses how SXG is approaching exploration and leveraging VRIFY AI.Here's what you will learn:Michael Hudson's 30+ year career in geology and mining explorationWhy Michael Hudson decided to revisit some of his old projectsHow Southern Cross Gold is using a new AI tool to aid their exploration effortsHow to become a more informed investor in the mining industryAbout Southern Cross GoldThis interview with Michael Hudson was recorded on April 2, 2024.Southern Cross Gold owns 100% of their flagship project at Sunday Creek, one of Australia's most exciting grassroots gold discoveries in recent times.Jargon in Today's EpisodePorphyry: Refers to a type of ore deposit that forms from mineral-rich fluids associated with magma, containing valuable metals like copper, often found in large, low-grade concentrations.Staking: Refers to the process of marking off a piece of land where you have the rights to explore for minerals.Links and ResourcesYouTube Interview with MichaelSouthern Cross' website Southern Cross is listed on the ASX under ticker SXGFollow Rock Talk or Provide FeedbackVisit our website at www.rocktalkpod.comSubscribe on YouTube for the video format with visualsSubscribe on Apple Podcasts, Spotify, or your favourite podcast appFollow @karlwoll on X-TwitterDo you have feedback or want to suggest a guest? Fill out this form. Timestamps(00:00) Introductions (01:40) What is Rock Talk?(04:02) How did Michael get into mining?(05:30) Michael's career leading up to SXG(07:36) Where things are with SXG currently(09:53) How do companies decide where to drill?(13:59) Using AI for gold exploration(22:07) Michael's best advice for new investors in miningDisclaimerThis podcast is for informational purposes only and does not constitute financial advice. Investing in stocks involves risks, including the loss of principal. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.Rock Talk does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. Rock Talk is not liable for representations, warranties, or omissions in its content. By accessing our content, users agree that Rock Talk bears no liability related to the information provided or the investment decisions you make.