Canada's mining industry outlook 2020 pdf

So, let's start here.

Please note that this is part of a discussion documented about the mining sector, going beyond just the Canadian outlook. You will notice much information about the 2019 and 2020 projections but some that even forecast the 2021 and 2022 years.

If you prefer to quickly have access to a copy offline, you can download the PDF here:

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or

https://drive.google.com/file/d/13gybWrIP9Y5LeN4HNRRo1uxxKcoi84_9/view

In 2020 - Quebec was ranked the fourth

best money jurisdiction in the world by

the fraser institute in 2019

and here are all the positive benefits

of investing in this region

i'm joined today by rahul paul president

of radisson mining resources rahul

welcome to kitco it's a pleasure to

speak with you today

thanks david for having me before we

talk about your company

and why investors should be interested

let's talk about the investment

landscape

what is your sentiment right now on the

mining industry and in particular

the junior mining sector

uh extremely positive particularly for

gold mining

and gold has come off from two thousand

dollars an ounce but

ninety eight hundred is still extremely

healthy uh with all of the government

spending

to avoid a recession and that's not just

in the us but globally as well i would

say conditions are extremely favorable

for gold and

and better than i've seen in the last 20

years so for several years money was not

available to exploration companies but

we're seeing that change now

uh with investors becoming more positive

on gold

and because of the the lack of spending

on exploration in the last several years

we haven't seen as many new discoveries

so we're now beginning to see

a scarcity premium uh we're essentially

running out of gold reserves and which

is why i think investors

and for that matter larger producers are

now looking at

uh and paying more attention to

exploration companies like radisson so

in general i think this is a great time

to be in the gold business

and in gold exploration as well and why

the inflow and capital this year in

particular is it mainly due to the

higher gold price

or are miners doing something

differently this year

i would say it's a combination of things

it's the higher gold price

and the fact that this remains one of

the uh

shining stars in in what has been a

pretty tough year for the

uh the investment uh community and

uh i guess it's the outlook in general

for gold right and

you know i've seen more people that are

positive than gold positive on gold than

i've seen in the past

of course now do you think this

positivity and this bullishness can be

sustained we've already seen two

thousand dollars announced

that's the highest price ever recorded

in nominal terms

where can we go from here rahul i think

so

interest rates are close to zero where

we are so the opportunity cost of

holding

gold is is low and

you know when you talk about the

government stimulus and when you try to

think about when that might

end uh it's really difficult to say and

with everything that has happened in the

last year

um it's just there's a feeling that

uh this stimulus spending could go on

for a long time

and and that's really positive on goals

so so i think what we have is the

uh the beginning of what could be a

sustained rally

right okay let's talk about uh your

company in particular

radisson give us an overview what is

your company all about tell us about

your

project in quebec sure um

so we trade on the tsx venture under the

tikka rds our primary asset

is the high grade o'brien gold project

in quebec canada so this is one of the

highest grade undeveloped gold projects

out there not

already owned by a producer uh the

property is located in one of the

richest and most coveted mining camps on

the planet

the the busquet cadillac mining camp

this camp is along the cadillac break

and that's a structure that has hosted

the majority of gold deposits

in the uh the world's largest gold belt

so our property

includes more than five kilometers of

strike length along the break

that includes more than two and a half

kilometers to the east and two and a

half kilometers to the west of the past

producing o'brien mine

which historically was the richest mine

by create in quebec

so this is a mine that was a consistent

high-grade producer for 20 years

producing almost 600 000 ounces at

average grades in excess of 15 grams

from 1926 to 1957. and so

where we are right now we've got a

resource right next to that that

includes 289 000 ounces in the indicated

category

145 000 ounces in the infrared category

and

all of that 434 000 ounces are mostly

within the upper 500 meters from surface

and keep in mind this is a camp where

mines typically

go down to more than a kilometer in

depth our defined resources are also

within a one kilometer strike length to

the east of the old o'brien mine

and we have more than five times that

strike extent to work with including as

i said two and a half kilometers to the

east

and west of what used to be the richest

mine richest gold mine in quebec

and we're dealing with the same rocks

the same structural setting so you can

see

why we're so excited about the upside

here yeah

so let's talk about uh you know what

makes you unique because there's close

to 2000

junior mining companies around the world

publicly tradeable

why radisson sure

a few things first of all high grades

o'brien has an indicated grade of nine

and a half grams

that makes it one of the highest gold

highest grade gold deposits in north

america

not owned by a producer second a

great location i don't think you could

find a better place to build a mine you

have access to power

infrastructure services skilled labor

even spare milling capacity

three they say the best place to find

gold is next to a gold mine

in this case we're exploring for gold

right next to what was the highest grade

gold mine in quebec

and to make things better we have 75

years of data to guide us so we're not

starting from scratch

and the fourth point i'd like to

highlight is

is the team and we also have the money

we've put together the right team we

have the money to execute on what i

believe

is the largest drill program in the

history of the company

and last but not the least

our team is well aligned with

shareholders with insider ownership at

over 15 percent our largest shareholders

include the chairman

ceo our strategic advisor and directors

as well and

uh we're we've participated in every

financing we continue to be buyers in

the open market as well

okay now let's talk about the region as

a whole the epitippi

region of quebec is really rich with

ores isn't it

tell us about this region yes yes so

so starting with with quebec quebec is a

great place to be in and

it's a great place to operate as a

mining company geopolitical risk is as

low as it gets

um you know this is this is a province

located in canada

and uh it's a democracy so so no

geopolitical risk is something that you

commonly see

with a number of deposits in west africa

and other parts of the world

you have a government here that is very

supportive of mining

you have extremely straightforward

permitting procedures

you've got government institutions such

as cedex

investment quebec ftq and the case all

very supportive of gold mining and

exploration to a gold exploration

company that is a big deal

and the abbatibi region in quebec is one

of the most established mining districts

out there

so you have access to power

infrastructure skilled labor and support

services

so to give you an idea we're located

right off the trans-canada highway

next to the town of cadillac less than a

45-minute drive from rowan miranda

and valdor which are major cities in the

region

so that means people can drive in to

work every morning and drive home at

night

and that's unusual to see in the mining

business and something i've rarely seen

in the many many mines i've been to over

the last uh

10 50. do you think the government of

quebec has been supportive of

infrastructure projects around the

mining sector

in general i think yes

they have and and more than that i think

what it boils down to is the conditions

for companies to operate in i mean it's

it's

it's a it's a government that has been

open for business and supportive of

mining companies

and and along the way mining companies

have stepped up as well i mean

they're some of the biggest taxpayers in

the uh in the province

and and they've done a good job in terms

of uh

partaking and infrastructure from

infrastructure projects and uh you know

creating jobs in the region as well

so it's a win-win situation and uh you

know the government has done everything

that it can to

to support uh what is a healthy mining

industry

in the province so tell us about the

risks then in investing in quebec

because there are

jurisdictional risks for every region

but the risks are different

depending on where you are the risks for

quebec are not necessarily going to be

the same as those

in west africa for example or south

america so tell us about what investors

should be watching out for

yes and and and again i think it's it's

a good problem to have

uh you know just because of the uh

the conditions that we operate in the

favorable uh

conditions to operate and as a mining or

a gold exploration company you've seen

we've seen a boom in activity in quebec

and in the abitibi region so which means

there's more competition for

for labor you know technical services

and um you know other support

uh facilities so that standpoint

uh it gets a little difficult to uh to

plan ahead and

you know we tend to deal every day with

what i would call capacity constraints

which i would say you know

longer term it's an easier it's an

easier problem to handle than

geopolitical risk

okay finally let's talk about your

recent transaction that you made with

renforth resources tell us about this

deal

and why you made this transaction

sure so so we recently entered into a

transaction with

renford's resources and that's rfr

uh the ticker on the canadian securities

exchange to acquire the new algae

project adjacent to us so that

increases our land holdings nine fold to

5800

hectares and one of the most coveted

mining camps out there

so in addition to five kilometers along

the uh the prolific cadillac break

we also control a sizable land position

in the pontiac sediments to the south of

the break

and in this district the pontiac

sediments have known to host some large

bulk mineable deposits the best known

example being

the canadian melatic mine which is less

than 50 kilometers to the east of where

we are

so ultimately this is a transaction that

has

significant synergies it adds scale and

it makes radisson and the o'brien

project attractive to a broader range of

investors and even better

i'm happy that we were able to complete

the transaction using our balance sheet

without having to go out there and raise

more money

perfect rojo was a pleasure to speak

with you today thanks for coming on kiko

and uh i wish you continued success

thanks david thanks for having me and

thank you for watching kikko news stay

tuned for much more coverage