Orion Resource Partners
Overall corporate turnaround in last 12 months: new Board, completed acquisition of White Pine North, paid down all corporate debt. We are in a strong position to advance our development stage copper assets in Michigan. Importantly, we recently announce that we initiated a PEA on a larger, combined scenario of the Copperwood and White Pine North assets, which are only 60km apart.
* Complete combined scenario PEA
* White Pine North drill program
* Partnership with State of Michigan
* Define ESG strategy
* Begin early works and mine construction
The marco environment of short-term copper price and capacity to raise construction capital.
Two advanced US copper assets
Support from State of Michigan, need for US domestic resource independence
Scalable resource and production, low valuation