York Harbour Metals


Primary ticker: TSXV:YORK
Stage of development: Exploration
Primary minerals: Copper-Zinc-Silver

Project to promote: YORK HARBOUR
Project location: Canada
Website: www.yorkharbourmetals.com

Corporate presentation: Click here

York Harbour Metals Inc. is an exploration company focused on the York Harbour Copper-Zinc-Silver Project, a past producing mine located approximately 27 km from Corner Brook, Newfoundland. The Company plans to continue drilling the 11 known mineralized zones and test other new massive sulphide targets, like the No 4 Brook showing, while focusing on gaining access to the 400-level and sea level adits.


Cash: CA~$3M

Debt: NIL


Major shareholders:

Blair Naughty – 12.5%
Sean Choi – 7.5%
Eric Sprott – 5.8%
Andrew Lee – 3.7%
Management Ownership – 12%

Management Profile

Andrew Lee – Managing Director


Andrew has also been involved in the junior mining industry for the past 15 years. During that time, Andrew has served on the board of several companies both listed on the TSX Venture and the CSE and held an executive role as VP of Megastar Development Corp. Andrew holds a Bachelor of Science degree from the University of British Columbia and continues to be an active entrepreneur, being involved in several private ventures.

What is your rationale for taking part 121 Mining Investment?

Gain exposure for the Company and project with all investors. In particular, family offices, funds, and other mining companies. We will need to raise money again in 2023. I feel the share price has fallen as a sector, but once sentiment improves we should see a stronger share price. We are fully funded for Phase 4 exploration and will have good news flow over the next few quarters.

What recent news would you like to highlight to investors attending?

May 4, 2023 – York Harbour Metals Announces Proposed Spin-Out of Phoenix Gold Project for Shareholder Approval at Upcoming AGSM
April 21, 2023 – York Harbour Metals Drills 44.93m of 1.292% Copper, Confirms High-Grade Copper-Zinc Mineralization in Phase 4 Drilling Program
April 3, 2023 – York Harbour Metals Announces Start of First-Ever Drilling at Pinnacle Target, Newfoundland
March 28, 2023 – York Harbour Metals’ Delivers Engaging Webinar Presentation on its Critical Element Projects
March 21, 2023 – York Harbour Metals Begins Mobilization to the Pinnacle Lake Drill Target Outside Main Mine Area
March 10, 2023 – York Harbour Metals Engages Firm for Investor Relations Services in North America
February 23, 2023 – York Harbour Metals Commences Phase 5 Drilling Campaign at High-Grade Copper-Zinc-Silver Project in Newfoundland, Canada
February 15, 2023 – Diamond Drill Mobilization Commences at York Harbour Metals’ High-Grade Copper-Zinc-Silver Project in Newfoundland

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

3 Months:
Phase 4 Drilling, IP Survey Results, Continue with permitting and develop access to the Level 4 adit.
6 Months:
Continue exploration and drilling on the York Harbour property, as well as drill test other targets away from the main mine zone. Complete the plan of arrangement to spin-off the Nevada assets as its own listing.
12 Months:
Financing and begin Phase 5 Exploration.

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

Biggest challenges are market weakness (leading to weaker share price), weaker copper prices, and cost of drilling. Although we have had good success raising funds in the past, market headwinds can always be a risk in the future.

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

Current Drilling Yielding High Grade Copper and Zinc Intersections
• Mineralization Intersected in 75% of the Drill Holes
• Permitted for an Additional 200 Drill Holes
• #4 Brook Adit Approved for Underground Drilling and Exploration
• Induced Polarization Program (IP) almost completed with interpretation
• Significant Upcoming Drill Program Based on New Geological Understanding
• Open Along Strike and Downdip – and other targets not on the main mine zone
• Close to Tide Water, Roads, Power and Workforce

What are the top 3 key investor takeaways?

1) High-grade copper-zinc project in Newfoundland, Canada with access to water, power, labour, highway and full community support, where recent drilling intersected 5.25% copper over 29 metres;
2) YORK is fully funded and has started Phase 4 exploration and expects strong news flow for the next few quarters; and 
3) Plan of arrangement to spin-off Nevada assets as separate listing.