Mogotes Metals

Primary ticker: TSXV:MOG
Stage of development: Exploration
Primary minerals: Copper, Gold, Silver ,Molybdenum
Project to promote: Filo Sur Project
Project location: Argentina
Website: www.mogotesmetals.com
Corporate presentation: Click here

Mogotes Metals is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties in Argentina and Chile. The principal property interest of the Company is the
Filo Sur Project.

The company’s flagship project, Filo Sur, is strategically located immediately south of Filo Mining’s flagship Filo del Sol project, and on strike with its world class new sulphide discovery, in the Vicuña Copper District of Chile and Argentina. NGEx Minerals’ recent discovery at Lunahuasi and its Los Helados exploration projects are nearby and in the same district, positioning Mogotes
Metals at the heart of a prolific mining region.

The Company has put together an experienced board of directors and management team to lead it through the planned exploration of the Filo Sur Project. The Company has been successful in raising sufficient capital to set up a field camp and complete initial exploration and analysis on the Filo Sur Project and to complete a technical report on the Filo Sur Project and commence a preliminary exploration program on the Filo Sur Project.

Mogotes Metals recently commenced trading on the TSX Venture Exchange under the symbols “MOG” and “MOG.WT”, marking a significant milestone in its growth trajectory. The company’s management, led by President and CEO Allen Sabet, is dedicated to advancing its projects and delivering value to shareholders through diligent exploration and resource development.

Cash: CAD10M
Debt: /

Major shareholders:
Insitutional (37%) including Euro Pacific Asset management, Earthlabs, Konwave AG, Crescat Capital, Fourth Sail Capital, Sprott Funds, Lowell Resources Funds Management
Management Ownership – 22%

Financials

Management Profile

Allen Sabet- CEO and Director of Mogotes Metals
Former operator at private prospecting group Syndicate Minerals. He Previously served as a technology entrepreneur and consultant with McKinsey & Company to top tier mining and resource companies including Woodside, South32 and Shell, where he participated in turnarounds and transformations with value gain in excess of US $2B

What is your rationale for taking part in 121 Mining Investment?

Raise awareness

What recent news would you like to highlight to investors attending?

20240926: Mogotes Metals announces closing of second and final tranche of private placement of units
20240920: Mogotes Metals announces closing of first tranche of private placement of units
20240913: Mogotes Metals announces upsize to private placement of units
20240909: Windfall of historic geophysical data advances exploration and targeting at the Filo Sur project in the Vicuña District Argentina
20240904: Strategic mining investor subscribes for private placement
20240903: Mogotes Announces Drill Hole Assays from Initial 3 Hole Program at the Filo Sur Project
20240731: Mogotes Metals Rock Chip and Trench Channel Assay Extend New Rincon Copper – Gold – Silver Prospect at the Filo Sur Project in the Vicuna District Argentina.
20240708: Vicuña Exploration Update: Filo Sur Project – positive initial results from the New Filon Alunita and Rincon prospects
20240611: Mogotes Metals Inc. announces commencement of trading on TSX venture exchange
20240604: Mogotes Metals Inc. receives receipt for final prospectus and conditional approval for listing on the TSX venture exchange

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Continued exploration at the Filo Sur project between October and May, to advance towards a discovery

What do you think makes your company such a compelling investment?

We have a large exploration project occupying a significant position in an area with the most compelling Copper discoveries of the last decade. BHP just bid $C4.5bn for the neighbouring project in a joint bid with Lundin Mining. Multiple other deposits have also been found worth over $1 billion each. Our project has the potential to host several discoveries and their exploration work to date has shown a large mineral system operating.

What are the top 3 key investor takeaways?

1. Large project adjacent to Filo del Sol, potential for multiple Copper/Gold/Silver/Moly discoveries.
2. Largest mining company in the world buying into neighbouring projects for valuations of C$4.5bn (Filo) and C$1.8bn (Josemaria).
3. Exploration has found multiple new and untested areas of significant mineralization that the company is exploring.