Luminex is drilling and advancing its 90% owned Au-Cu Condor project, which has a 4Moz gold resource. The Company also has two separate partnerships with BHP and Anglo American on base metal properties. The partners are earning in on different properties and in aggregate have commitments of ~US$100M between 2018 and 2025.
Marshall Koval – CEO
Experienced mining executive who has worked at all of the Lumina Group’s companies since the early 2000’s. Mr. Koval holds a BSc. in Geology from the University of Missouri and is a registered professional geologist.
Scott Hicks – VP Corp. Dev.
10 years of investment banking experience at BMO and RBC. Has been with the Lumina Group since 2017.
What is your rationale for attending 121 Mining Investment?
Market support and awareness of Luminex as a standalone entity post its spin-out in 2018.
What recent news would you like to highlight to investors attending?
March 10, 2019 – Luminex Brings in Third World Class Venture Partner, Signs US$82M Non-Binding LOI with BHP
June 18, 2019 – Luminex Discovers High-Grade Gold and Silver Zone at the Condor Project; Highlights Include: 6.73 g/t Au Over 11.0 Metres and 4.77 g/t Au Over 40.1 Metres
June 24, 2019 – Luminex Upsizes Private Placement to C$7.0 Million
What are your key goals for the next 3, 6 and 12 months?
Drill results for the Condor Camp Zone.
Maiden resource for the Camp zone. Be close to commencing drilling with BHP and Anglo American on separate projects.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Working to educate people on political risk in Ecuador and delineate specific areas of the country.
In a sentence, what do you think makes your company such a compelling investment?
Two world class partners focusing on base metal exploration in a non-dilutive way to Luminex shareholders. A new high grade discovery at the company’s 90% owned Condor project.