We interview Greg Kuenzel, Managing Director, and Martyn Churchouse, Executive Director at Noricum Gold regarding their recent acquisition interest in a mining development project in Georgia.
Key points from the interview:
Acquisition of 50% interest in a Copper-Gold project in Georgia
Transformational transaction from company, moving form grassroot exploration to significant development
Path of moving from resource development to production easy because of existing infrastructure support and partnerships
Mining sector view: Gold and base metals might be bottoming out; and the diversification/shutting down seen in mining majors provides an opportunity for small players.
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