Strength Minerals (CSE: CUAU) Financier Summary

The group at Strength Minerals boasts ingrained roots within Peru’s mining and expedition neighborhood. With a combined experience surpassing 215 years in expedition and mining throughout the Americas, the business’s standing is anchored by its extensive neighborhood relationships and constant performance history of expedition successes.

Amongst the business’s prestigious mate is a previous primary geologist and basic supervisor for Teck Resources in Peru, Manuel Montoya, who now champs Strength Minerals’ tasks, making sure every phase lines up with the greatest requirements. This addition strengthens the business’s dedication to mixing global competence with regional understanding.

Comprehending the intricacies of expedition, Strength Minerals likewise included a full-time internal social group. This group is more than simply a nod to business obligation– it’s a testimony to the business’s fundamental belief that neighborhood ties are as essential as geological potential customers and expedition.

In pursuing holistic development and sustainability, Strength Minerals just recently teamed up with Social Suite, signifying the beginning of an informative ESG (ecological, social and governance) reporting journey. This collaboration highlights Strength’s vision to set market standards, particularly in neighborhood engagement, ecological stewardship and its wider social commitments.

Strength Minerals isn’t simply checking out surfaces; it’s likewise pioneering a future where its objective magnifies ESG efforts. The business’s pledge stays unshaken: to enhance neighborhood bonds, champion ecological preservation, and support social dedications with unequaled vitality.

The business intends to make the most of near-surface and underexplored metal endowments that are abundant in copper and gold in Peru. Strength Minerals prepares to utilize special targeting techniques and a reliable change recognition procedure. The business likewise intends to advance its tasks with the anticipation of drilling licenses and extra expedition and countless meters of drilling on its homes.

Business Emphasizes.

• Strength Minerals has a strong land position of 12,000 hectares in Peru, consisting of the Pucarini, Don Gregorio and Esperanza tasks.
  • Pucarini is a high-sulfidation epithermal gold task in Puno, Peru with an NI 43-101 Technical Report from February 2021.
  • Don Gregorio is a copper and gold porphyry task with a traditionally found and drilled porphyry system.
  • The 100-percent-owned Esperanza task is a copper and molybdenum porphyry property situated in the respected and mining-friendly Paleocene belt of Southern Peru.
• Strength Minerals has a strong history of engagement with regional neighborhoods. The business’s group has a combined 215 years of experience in expedition and mining in the Americas and a combined 60 years of effectively handling public business.
• The business is settling drilling licenses and getting ready for a drilling project.

The Don Gregorio task is a 900-hectare copper and gold porphyry property situated in Peru.

The home includes the historical expedition of 13 reasonably shallow diamond drill holes finished on one area passage given that 1977. Both copper and gold mineralization was discovered in all 13 historic holes. The Don Gregorio task includes enrichment grades of approximately 0.8 percent copper and main grades of approximately 0.04 percent copper and 0.15 grams per heap (g/t) of gold.

The home is under choice by Strength Minerals from Candente Copper Corp. Strength can get a 60-percent interest in Don Gregorio topic to money payments of $US500,000 over 3 years and an overall of 10,000 meters of diamond drilling over 3 years upon invoice of drill licenses.

In 2021, the business started allowing and neighborhood engagement on the home. Moving forward, Strength Minerals prepares to start stage 1 of a target examination drilling program including 5,000 meters in addition to initial metallurgical research studies. The business thinks the Don Gregorio task hosts outstanding expedition capacity to become a first-rate porphyry copper-gold deposit.

The Esperanza task is a 5,000-hectare copper and molybdenum porphyry task found in the respected and mining-friendly Paleocene belt of Southern Peru. The Paleocene belt hosts existing porphyry copper mines and current discoveries.

The task is totally owned by Strength Minerals. It is presently untried by drilling however stays potential for copper sulfide mineralization. In 2021, the business carried out allowing and target advancement, consisting of geophysics. Moving forward, the business prepares to start stage 1 of its drilling program including 2,000 meters in 2023.

The Pucarini task is a gold task found in Puno, Peru. The home includes 1,000 hectares of claim and 6,100 hectares of local concessions. The Pucarini task is available by airport and roadway with distance to a highway network and electrical power. The task includes numerous gold-bearing advanced argillic change zones within a 3.6 by 1.8-kilometer argillic change footprint. The task likewise includes a Miocene high sulfidation epithermal gold target.

• The task has an NI 43-101 Technical Report from February 2021. To date, the targets on the home have actually not been evaluated by drilling. In 2021, Strength Mineral started drill allowing, neighborhood engagement and drill licenses are anticipated quickly. The first drill program will check a remarkable coincident geophysical and geochemical abnormality that improves remarkable high sulphidation change. In 2022, a comprehensive local follow-up program around Pucarini recognized 3 brand-new discoveries of epithermal mineralization in the Miocene Arc comparable to Pucarini. More surface area work and geophysics are being carried out in 2022-23 to even more comprehend these potential customers.

Board of Directors and Management Group.

Patrick Elliott – President, CEO and Director

Patrick Elliott has more than 18 years of experience in the mining market. Elliott has a Master of Science in mineral economics and an MBA in mining financing from the Curtin University of Innovation in Perth, Australia. He is presently the President & & CEO of Lexore Capital Corp., the vice-president of technique for World travelers Resource Group and a director of E29 Resources and MLK Gold. He finished his undergraduate Bachelor’s degree in geology at the University of Western Ontario. Elliott has actually invested over ten years in copper and gold expedition in South America and the United States of America.

Richard Osmond– Chairman

Richard Osmond has more than 25 years of experience in the mining sector, consisting of experience with INCO (VBNC), Falconbridge and Anglo American. He was associated with expedition discoveries at Vale’s Voisey’s Bay deposit and Glencore’s Raglan mine. He was later on employed as a senior technical leader with Anglo American. At Anglo American, Osmond was accountable for nickel expedition in Northern Canada, Alaska and Scandinavia in addition to IOCG and porphyry Cu-Mo expedition in Mexico and Alaska. Osmond is presently the president and CEO of World travelers. Osmond holds a Formality Bachelor’s degree from Memorial University.

Stephanie Ashton – Director

Stephanie Ashton has more than 25 years of experience in the mining market and natural deposits sector. Particularly, Ashton’s experience remains in the expedition and advancement of mining tasks. In Latin America, she served on the boards of junior mining business and as an officer in the capability of CFO and the vice president of business advancement. Ashton holds a Bachelor’s degree in global service from California Polytechnic State University, a master’s in service from the HEC School of Management and a master’s in mineral economics from the Universidad de Chile.

Douglas Turnbull – Director

Douglas Turnbull is a consulting geologist with over thirty years of experience in diamond, valuable and base metal expedition. He holds a Formality Bachelor’s degree degree in geology and is a Certified Expert Geoscientist acknowledged by the Engineers and Geoscientists of British Columbia. Turnbull has actually handled or served on the boards of a variety of junior expedition and mining business with properties varying from early- to advanced-stage tasks worldwide. Turnbull holds a Formality Bachelor’s degree in geology from Lakehead University.

Richard Leveille – Director

Richard Leveille has an accomplished profession that covers over 40 years. He went to the University of Utah, finished with a B.Sc. in geology, and later on finished his master’s in geology from the University of Alaska. His work experience advanced through business such as AMAX, Kennecott, Rio Tinto and Phelps Dodge. Leveille was likewise the senior vice-president of expedition for Freeport Copper & & Gold, where he handled the group that assisted include considerable copper to reserves and made the Chukarui Peki discovery in Serbia, which shared the 2016 PDAC Thayer Lindsley International Mineral Discovery Award. Because his retirement at Freeport in 2017, Leveille has actually been working as a consulting geologist concentrating on mineral expedition tasks in Australia, South America and the United States.

Jasmine Lau – Chief Financial Officer

Jasmine Lau has a comprehensive background in the resource sector and has actually functioned as CFO of numerous public expedition business with global tasks. Lau formerly operated at Teck Resources and Deloitte & & Touche LLP’s Vancouver Guarantee & & Advisory group, where she concentrated on audits of public mining business. She holds a Bachelor of Commerce from the University of British Columbia.

Manuel Montoya – Expedition Supervisor and General Supervisor of Peru

Manuel Montoya is a creator and basic supervisor of World travelers, Aspect 29 and Strength Minerals. Montoya is an extremely appreciated expedition expert with more than 43 years of experience in the mining and petroleum markets of Peru. He found the Zafranal Cu-Mo porphyry deposit in Peru for Teck. He has actually likewise effectively developed and led groups checking out for copper, gold and zinc in a variety of deposit types throughout the Andes of South America for Teck.

Anna Dalaire – VP of Corporate Advancement and Corporate Secretary

Anna Dalaire has 15 years of capital markets experience concentrating on compliance and business interactions. Throughout her profession, she has actually worked thoroughly with junior expedition business in different business capabilities. Dalaire’s background remains in marketing with a concentrate on digital interactions. Dalaire got her executive assistant and paralegal certificates.

Mike Carter – Lead Energy Consultant

Mike Carter has actually been a considerable figure in renewable resource for over 25 years. As a founding partner initially Green Energy, Carter assisted press forward brand-new advancements in renewable resource. He has actually led necessary mineral expedition tasks in Chile and Peru and has actually organized considerable efforts in solar power, energy storage and hydroelectric tasks. His strong management initially Green Energy and experience in sectors like mining, production, farming and the automobile market promote themselves. Carter highlighted the advantages of integrating renewable resource with conventional mining at the World Bank’s Environment Smart Mining conference. He’s understood for dealing with leading mining business offering competence in including solar power to their operations. He assisted establish and protect over $15 million in grant financing to show brand-new feasible innovations at a considerable revenue. This functioned as a design template leading to effective exits from follow-on tasks which bid Canadian record-breaking rates into the Province of Alberta’s require power. His operate in agrivoltaics– integrating solar tasks with farming– is an outstanding example of his continuous ingenious technique towards energy advancement.

Tom Henricksen – Technical Consultant

Tom Henricksen has more than 35 years of experience in the mining market. Henricksen is an expedition geologist with numerous discoveries, consisting of Constancia, Corani and Ollachea while seeking advice from Rio Tinto. He contributed in the resource advancement of Zafranal for AQM Copper and the discovery of Franke in Chile for Centenario Copper (Quadra) and Hot Maden in Turkey. Henricksen is a recipient of the 2018 Colin Spence Award.

Ricardo Labó – Mineral Financial Expert Consultant

Ricardo Labó is a Peruvian mineral economic expert with more than 22 years of market experience in Peru, Latin America and Africa, both in the general public and economic sectors. He is presently the nation supervisor in Peru for Aspect 29 (TSXV: ECU), a partner at LQG Energy and Mining Consulting, General Supervisor of LQG Ambiental and Executive Director of the Australia Peru Chamber of Commerce.

He has actually held numerous top-level positions in the Ministry of Energy and Mines of Peru consisting of Vice Minister of Mines, consultant to the Minister of Energy and Mines in addition to director of mining promo and advancement where he effectively promoted accountable mining expedition and advancement financial investment in the nation. In the economic sector, he held numerous senior positions at Rio Tinto, Roche, Phelps Dodge and Grupo Apoyo, supplied tactical advisory and consultancy services to numerous global mining business and organizations, and was a board member of numerous personal and state-owned mining and energy business.

Peter Espig – Financial Consultant

Given That November 2013, Peter Espig has actually been the president and CEO of Nicola Mining (TSX-V: NIM). He has actually been active in the turn-around of mining tasks and has actually operated in management and director functions for various mining business. He is experienced in the analysis of financial investment chances, raising capital, offer sourcing, monetary structuring, and business turn-around.

Espig functioned as vice-president of the Principal Financing and Securitization Group and Asia Unique Situations Group for Goldman Sachs Japan. Prior to signing up with Goldman Sachs, Espig was vice-president of Olympus Capital, a New york city personal equity company, where he took part in business restructurings, financial investment analysis and funding settlements for both domestic and global financial investments.