High-Grade Gold in Nevada, But Can They Define a Large Continuous System? | 49 Metals CEO Interview

❗49 METALS HAS NOT PAID FOR THIS VIDEO. Terrahutton doesn't only make the invisible, investable, they also sponsored this video, making it free of ads: https://www.terrahutton.io/.By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.caTimestamps:00:00:00 Chapters00:00:12 Very Important Warning00:01:04 49 Metals Company Overview00:03:54 What really is the business plan here?00:05:30 Is this the right CEO for 49M?00:09:29 Does the CEO have real skin in the game?00:10:35 Did anyone get cheap paper?00:12:20 Does the board own a royalty?00:12:42 Who owns the project now?00:14:15 Any change-of-control fees on a sale?00:14:44 What KPIs will judge management?00:15:17 What is the history of this asset?00:19:41 Did prior operators leave any liabilities?00:22:50 Does 49 Metals have the historical data?00:24:13 Why did Centerra walk away?00:26:43 Does the historic resource help the strategy?00:28:23 Step-outs or just a desktop study?00:29:20 Will they redrill historical holes?00:29:47 What is the thesis' biggest unknown?00:33:18 Which target is the focus now?00:33:55 What drill spacing is needed?00:35:07 Where are the pending holes drilled?00:35:41 Has the system been overprinted?00:36:09 Same epithermal system as the neighbor?00:36:52 What would success look like?00:37:58 How high-risk is this program?00:39:02 How big must the deposit be?00:40:12 What if the program fails?00:42:25 Any path to full ownership?00:43:09 When will all assays be released?00:44:08 How far away is a resource?00:45:13 What permits are needed?00:45:51 When will follow-up drilling happen?00:46:35 Will 49 Metals do met work first?00:47:15 How much money do they have?00:49:07 Raising capital before the earn-in?00:49:47 What is the plan for Sinter and Buffalo?00:51:14 What are the biggest risks?00:54:09 What are the biggest geological risks?00:57:58 What is the marketing plan and budget?00:59:28 Catalyst Calendar01:02:33 Very Important Warning - DO NOT SKIPThis is a 49 Metals Interview with CEO, Phil Carter.