S7 Ep24: Sunday Roast featuring Rupert Verco, CEO of Cobra Resources and Shaun Day, MD of Greatland Gold #COBR #GGP # PHE #ICON #HUI #GLR #POW #SVML #FCM #BEN #PREM #MAST

The Sunday Roast

Phil Carroll and Kevin Hornsby Welcome Ruper Verco, CEO of Cobra, a dynamic exploration company defining a unique multi-mineral resource at the Wudinna Project in South Australia's Gawler Craton, a renowned mining and exploration jurisdiction hosting several world-class mines. With expansive Wudinna tenements totaling 1,832 km2, and nearby tenement rights of 2,941 km2, Cobra is positioned at the forefront of highly desirable and ionic rare earth mineralisation, crucial for global decarbonisation efforts. Six months ago Cobra pioneered a new exploration concept for rare earths that resulted in the discovery of the Boland rare earths deposit - Australia’s only rare earth project with “In Situ Recovery” potential. Rupert brings over 15 years of extensive experience in the mining industry, both in Australia and internationally. His expertise spans resource definition, reserve optimization, mine planning, and operational management across various commodities such as gold, copper, uranium, tin, and iron ore. As a fellow of the Australasian Institute of Mining and Metallurgy, Rupert's leadership and insights are invaluable in driving Cobra's strategic vision forward. With his background in geology and a commitment to excellence, Rupert is poised to navigate Cobra towards further success in the dynamic mining landscape.
Shaun Day, MD of Greatland Gold also guests and talks about the company acknowledging the reserve estimate for the Havieron gold-copper project announced by Newmont noting it aligns closely with your own indicated resource figures. Despite differences in the inferred mineral resource category—attributable to the distinct reporting standards of the JORC Australian code used by Greatland and the US code used by Newmont—Newmont's indicated resources show a significant 35% increase from June 2023, totaling 4.9 million ounces of gold equivalent, slightly below Greatland’s 5 million ounces estimate. The inferred estimate by Newmont stands at 900,000 ounces, in contrast to Greatland's 3.4 million ounces. Shaun highlighted this as a testament to the asset's world-class status and the quality of Greatland's technical team.
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