Major Precious Metals
Financials:
Primary ticker: NEO:SIZE, OTC:SIZYF, FRANKFURT:3EZ
Stage of development: Exploration, Development
Primary minerals: Gold, Palladium
Project to promote: Skaergaard Project
Project location: Greenland
Website: majorprecious.com
Major Precious Metals is well positioned to become one of the largest gold and palladium producers in the world.
Major Precious Metals owns 100% of the Skaergaard Project, located on the Eastern Coast of Greenland, with a total Indicated and Inferred Mineral Resource of 19.9Moz PdEq. The Skaergaard Project is one of the largest palladium and gold deposits outside the major PGM producing areas of South Africa and Russia, leveraging Greenland’s pro-mining legislation and public sentiment.
Greenland has several historical and currently operating mines including gold, lead, zinc and other industrial minerals. Skaergaard contains mostly palladium and gold, as well as copper, iron, titanium and vanadium. The deposit has near 100% surface exposure due to recent ice melting, which exposed new areas to mapping.
With strong ESG strategies in place, Major Precious Metals’ is currently working with SLR Consulting to complete an updated MRE following the 8,195m drill campaign completed September 2021. The most recent summer drilling programme uplifts the total metres drilled to over 43,000m.
The company is progressing towards a PEA to examine project economics at current high metal prices & cut-off grades
Past metallurgical testing has demonstrated gold & palladium may be recovered through floatation with high recoveries.
Management Profile
Anthony (Tony) Williams – Chairman and CEO, Director
Mr. Williams has over 35 years’ experience as a mining geologist and investment banker. Tony is Chairman of Dragon Group, an internationally recognized mining finance and project management firm based in London and Moscow. Prior to founding Dragon Group, Tony spent nine years in investment banking where he co‐founded and led the natural resource group at Yorkton Securities. Tony has raised over US$10 billion in equity and debt financing for mineral development projects worldwide. Earlier in his career, Tony held several appointments in the mining industry and specialized in mineral valuation and acquisition and qualified as a Mining Geologist in 1972 from the Royal School of Mines in London.
What is your rationale for taking part 121 Mining Investment?
Upcoming raise
What recent news would you like to highlight to investors attending?
MAJOR PRECIOUS METALS COMPLETES OVER 8,400M RESOURCE DEFINITION PROGRAM AT SKAERGAARD: https://majorprecious.com/major-precious-metals-completes-over-8400m-resource-definition-program-at-skaergaard/
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Updated MRE increasing measured and indicated Au & Pd resource substantially
6 Months:
PEA and London Dual Listing
12 Months:
Another drill season and PFS
Updated MRE increasing measured and indicated Au & Pd resource substantially
6 Months:
PEA and London Dual Listing
12 Months:
Another drill season and PFS
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Like all companies, commodity cycles face a challenge. We look to overcome this by keeping operating costs low and cut of grades high.
What do you think makes your company such a compelling investment?
Total Indicated and Inferred Mineral Resource of 19.9Moz PdEq.
Experienced management team with a proven track record of moving projects through the development cycle.
Strong ESG principles in place aligned with SLR
The company is progressing towards a PEA to examine project economics at current high metal prices & cut-off grades.
Past metallurgical testing has demonstrated gold & palladium may be recovered through floatation with high recoveries.
What are the top 3 key investor takeaways?
One of the largest gold and palladium resources outside of Russia & South Africa
Greenland is a safe pro mining jurisdiction
Fast tracking Skaergaard into development