1 00:00:00,080 --> 00:00:01,240 Speaker 1: Heather do see. 2 00:00:01,320 --> 00:00:03,640 Speaker 2: A Canadian mining company is planning to make a fast 3 00:00:03,640 --> 00:00:06,680 Speaker 2: track application for a new gold and antimony mine near Reefton. 4 00:00:06,960 --> 00:00:09,760 Speaker 2: Urua Gold is hoping to start mining by twenty twenty eight. 5 00:00:09,800 --> 00:00:12,000 Speaker 2: Also looking at cross listing on the INSIDEX and Simon 6 00:00:12,000 --> 00:00:14,200 Speaker 2: DeLanda is the gold vice is the vice president there 7 00:00:14,240 --> 00:00:15,000 Speaker 2: high Simon. 8 00:00:15,720 --> 00:00:17,040 Speaker 1: Hey, Heather, how are you good? 9 00:00:17,040 --> 00:00:17,279 Speaker 2: Thank you? 10 00:00:17,320 --> 00:00:17,440 Speaker 1: Now? 11 00:00:17,480 --> 00:00:19,599 Speaker 2: It sounds to me like sefair amount of gold in there? 12 00:00:20,000 --> 00:00:22,439 Speaker 2: Is it? How does it rate internationally in terms of 13 00:00:22,440 --> 00:00:22,960 Speaker 2: a deposit. 14 00:00:24,720 --> 00:00:28,840 Speaker 1: This is a significant deposit for US organization. So we've 15 00:00:29,080 --> 00:00:32,280 Speaker 1: been exploring the last five years and we've now got 16 00:00:32,320 --> 00:00:35,800 Speaker 1: sufficient gold and we're tigging around three hundred thousand ounces 17 00:00:35,920 --> 00:00:39,519 Speaker 1: to start to move into the fast track process. So 18 00:00:39,640 --> 00:00:42,320 Speaker 1: this is exciting for our investors, exciting for the local 19 00:00:42,360 --> 00:00:44,920 Speaker 1: community and police have their print to talk to you 20 00:00:44,920 --> 00:00:45,480 Speaker 1: about it today. 21 00:00:45,720 --> 00:00:47,240 Speaker 2: You're going after the antimony as well? 22 00:00:48,120 --> 00:00:51,959 Speaker 1: Absolutely, well. Yeah, so that's a strategic mineral and there's 23 00:00:52,000 --> 00:00:54,800 Speaker 1: a lot of interest, particularly in the central government and 24 00:00:55,400 --> 00:00:58,840 Speaker 1: overseas Japan and the US in antimony's supply and security 25 00:00:58,880 --> 00:00:59,320 Speaker 1: that supply. 26 00:00:59,560 --> 00:01:01,880 Speaker 2: Yeah, I'll tell you what I'm fascinated by is I 27 00:01:01,920 --> 00:01:04,400 Speaker 2: can't seem to get across. I can't seem to find 28 00:01:04,440 --> 00:01:06,720 Speaker 2: anything on how much of these critical minerals we have 29 00:01:06,760 --> 00:01:08,759 Speaker 2: in the ground in New Zealand. Do you have any idea? 30 00:01:10,000 --> 00:01:12,160 Speaker 1: Look, I couldn't speak for the whole of New Zealand, 31 00:01:12,200 --> 00:01:16,400 Speaker 1: but certainly we've got a significant depositive antimony and there's 32 00:01:16,400 --> 00:01:18,480 Speaker 1: a lot of antimony around the reefed and golf. 33 00:01:18,959 --> 00:01:20,039 Speaker 2: How much West Coast? 34 00:01:20,280 --> 00:01:25,600 Speaker 1: So yeah, So we're talking about mining around about twelve 35 00:01:25,680 --> 00:01:28,200 Speaker 1: thousand tons per year over an eight year period, and 36 00:01:28,560 --> 00:01:32,160 Speaker 1: that's probably half a billion dollars worth of antimoity in 37 00:01:32,200 --> 00:01:32,960 Speaker 1: that range. 38 00:01:33,319 --> 00:01:36,000 Speaker 2: How do you feel about Trumpy's Critical Minerals trading block? 39 00:01:36,040 --> 00:01:41,240 Speaker 1: Then? I look for us, we've been working on this 40 00:01:41,280 --> 00:01:45,399 Speaker 1: for a period of time and the minerals it's a 41 00:01:45,560 --> 00:01:47,319 Speaker 1: free market if you will, so that they'll pick that 42 00:01:47,440 --> 00:01:50,919 Speaker 1: up and likely want to talk to the central government 43 00:01:50,920 --> 00:01:53,120 Speaker 1: around getting access to those minerals. We've been talking to 44 00:01:53,160 --> 00:01:56,200 Speaker 1: a number of potential off take partners who are interested 45 00:01:56,200 --> 00:01:58,639 Speaker 1: in that antimony, a lot of interest in antimoity, probably 46 00:01:58,640 --> 00:02:01,960 Speaker 1: more so than the goal mus but obviously golds at 47 00:02:01,960 --> 00:02:03,560 Speaker 1: a high record high at the moment as well. 48 00:02:03,600 --> 00:02:05,120 Speaker 2: Good stuff, mate, Beasts of luck, with it in the 49 00:02:05,120 --> 00:02:09,000 Speaker 2: fast tracking that Simon DeLanda Ruer, Gold Vice President. For 50 00:02:09,120 --> 00:02:12,399 Speaker 2: more from Hither Duplessy Allen Drive, listen live to news 51 00:02:12,440 --> 00:02:15,360 Speaker 2: talks it'd be from four pm weekdays, or follow the 52 00:02:15,400 --> 00:02:17,040 Speaker 2: podcast on iHeartRadio