DENVER GOLD:
https://www.goldforumamericas.com/company-session/3610/Thai Government Relations:
- New Prime Minister Srettha Shinawatra (2023), daughter of former PM Thaksin Shinawatra who opened Chatree Mine in 2001. Positive outlook for future government relations.
Exploration and Expansion:
- Exploration License Areas: 1,200 sq km across 17 tenements within 20 km of Chatree.
- Targets: Southeast extensions, including BR Chawan and KPI. Updated resource estimate expected next quarter
- Budget: $4 million USD for exploration in 2024, up from $2.5 million USD in 2023.
Nueva Esperanza (Chile):
- Location: Atacama region, part of the Maricunga Gold-Silver Belt.
- Resource: 0.5 million oz gold, 83 million oz silver.
- Future Potential: Exploring options for spinning off or separate listing to maximize shareholder value.
Sustainability & Community Engagement:
- Workforce: 98% Thai employees at Chatree, 80% from nearby villages.
- Community Programs: Focused on sustainability, health, education, and clean water. Active engagement with local communities, including 28 villages and 14,000 individuals.
Looking Ahead (2024-2025):
- Financial Guidance: Full-year accounts and production/cost guidance to be released later in 2024.
- Exploration Drilling: To recommence after Thailand's wet season in late October-November 2023.
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