Exploration & Development company focused on two newly defined gold districts in Djibouti and Egypt. TSR had discovered new epithermal gold mineralization in Djibouti and in doing so defined whole new gold province. In Egypt it is focused on the Arabian Shield of Eastern Desert where it controls the Anbat-Shakoosh gold district with mineralization similar to the world class Sukari mine.
David Hall – CEO
David Hall, CEO, an economic geologist with 35 years worldwide experience, established the AngloGold exploration team in South America in 1999. He took the company into Colombia resulting in the discovery of the giant La Colosa gold deposit (+20Moz). David is responsible for, and led teams in, the discovery of the Romero deposit in the Dominican Republic (2.6Moz), the Zarshuran deposit in Iran (+3Moz) and the Oksut deposit in Turkey (1.25Moz), and has been involved in all levels of exploration and development. He is founder and Chairman of Horizonte Minerals plc, founder of Stratex International, Erris Resources, Medgold, and Rathdowney Resources.
What is your rationale for attending 121 Mining Investment?
TSR will be listing in Q2 2019 by reverse takeover of a TSX-listed shell. We are keen to attract pre-RTO investors who want to see value build through development of two exciting new gold districts with drilled discoveries and pipeline of numerous outcropping gold targets.
What recent news would you like to highlight to investors attending?
New High Grade Intercepts including 1.22m grading 55.4 g/t Au and 1.4m grading 17.31 g/t Au at Pandora: We are now seeing good continuity over 1000m strike and to depths of 150m below current surface. The presence of high grade in holes 25 and 32 are significant. The intercept in 25 is some 130m below the current surface with the entire zone assaying 1.05 g/t Au over 66.5m drill width or an estimated true width of 30 metres. However the 1.4m assaying 17.31 g/t Au shows the important presence of high-grade gold even at these high levels in the epithermal system.
In a sentence, what do you think makes your company such a compelling investment?
The industry is in desperate need of pipeline development stage projects and Djibouti provides BOTH new discoveries and pipeline.