Mid-Tier Copper Producer in the Making with Doré Copper CEO Ernest Mast
Doré Copper Mining’s (TSXV: DCMC – OTCQB:DRCMF) assets contain some of the highest-grade undeveloped copper and gold deposits in North America. The company’s projects are located just 14 km from the town of Chibougamau in mine-friendly Quebec and are one of Canada’s premier near-term redevelopment opportunities. Doré Copper is debt-free and owns a 2,700 tpd mill with a 8.0Mt tailings facility. There is already power to site and it is accessible by paved highway and rail. The goal is to produce a profitable hub-and-spoke operation of +100,000 oz/yr AuEq or +60 M lbs CuEq by 2023/2024. Because of the existing infrastructure and location, a low capex is anticipated to recommence production. In this interview, Doré Copper Mining’s president and CEO Ernest Mast provides an update on the company’s recent financing, project acquisitions, and 2021 exploration plans.
0:00 Introduction
0:48 Peter Marrone, Executive Chairman of Yamana Gold, invested in DCMC
2:23 New project acquisitions
4:02 Hub and spoke model
6:11 Exploration Plans for 2021
9:22 New analyst coverage
10:15 Key questions from investors
15:22 Treasury and burn rate
RECENT PRESS RELEASES DISCUSSED IN THIS INTERVIEW:
