Eastport Ventures


Primary ticker: TSXV:ASTN
Stage of development: Exploration
Primary minerals: Copper, Nickel, Uranium, Diamonds
Project to promote: Matsitama Copper, Selebe Nickel
Project location: Botswana
Website: www.eastportventures.com

Eastport Ventures Inc is a uniquely Botswana focussed explorer & developer with a strong in country presence. Our flagship Matsitama Copper Project has up to 4.42% Cu with a large footprint from legacy drilling. The Selebi project holds 2,100km2 around Premium Nickel’s (PNRL-TSX-V) high grade nickel/copper/cobalt Selkirk mine. We will soon start aggressive exploration programs on Matsitama & Selebi. We also have secondary uranium & diamond projects and have a core freely traded shareholding in PNRL valued at roughly C$4m.

Cash: CAD$$4M
Debt: NIL

Management Profile

Burns Singh Tennent-Bhohi – Founder, Chairman & CEO
Burns Singh Tennent-Bhohi has restructured, recapitalised, and led the turnaround of over twenty private and public companies, and served on the board of directors of several London and Canadian quoted businesses. His current directorships include Evrima plc, Global Capital Ltd, and Advanced Hydrogen Technologies Ltd.

In 2020, Burns led a seed investment round in Premium Nickel Resources Corp (PNR), which generated a return of over 11,250% at the point at which PNR went public in August 2022. He has overseen the completion of transactions with tier one mining blue chips including Rio Tinto. Burns earned his MA in Social Sciences from the University of Glasgow.

Rick G. Bonner has over forty years of mineral exploration experience on four continents exploring for copper, gold, uranium, and diamonds. His explorations have taken him across the world including the former Soviet Union, western and southern Africa and Arctic Canada for major mining groups including BHP and Rio Tinto.

As co-founder of Westport Resources Namibia, Rick built a significant exploration company for Forsys Metals Corp (FSY-TSX-V) including advancing their key project, the Valencia uranium deposit, from exploration to a measured resource when the project was delivered for development consideration.

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

Meeting investors, JV Partners and industry operators. Increasing profile & raising funds as we embark on the RTO.

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

3 Months:
Close Pre RTO (Q2/Q3 2023) Funding Round of C$1.5m
Matsitama core drilling, geochermistry & analysis
Selebi Airborne Radiometric Surveying @ Selebi

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Commodity prices.

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

Dedicated Botswana play makes us a strong low political risk jurisdiction – & robust projects

What are the top 3 key investor takeaways?

1. Strength of Botswana Country play – safe political jurisdiction with copper/nickel/uranium.
2. Huge potential of Matsitama (size/grade) & Selebi (size/grade) & closeology surrounding Premium Nickel’s Selkirk & Selebi mines
3. RTO with Auston Capital Corp Q23/Q3 2023