Mogotes Metals

Mogotes Metals_300x200

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

“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.
 
Valued at approximately C$30M, the company has multiple exploration prospects, each of which could potentially become a discovery. Nearby peers are valued at C$4.5Bn, and approx C$2Bn each. Mogotes presents a high leverage opportunity for exposure to this new and important Copper district, which has been validated as a future potential mining camp by BHP (one of the largest mining companies in the world).
 
The Company recently welcomed a mining company as a shareholder through a strategic investment, and has had two field seasons of successful exploration in which large and attractive exploration targets have been identified that are to date largely undrilled and under explored.
 
Mogotes Metals recently commenced trading on the TSX Venture Exchange
under the symbol “MOG” in June of 2024.
 

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.