Earlier this week we issued an alert about a team that is making all sorts of moves in Nevada.
They’re run by two young, passionate, extremely hardworking people: Max Sali and Brad Telfer.
In 2018, they tried to get a check from legendary resource investor Rob Sali.
They decided not to go after just any asset. No, they went after one that big names had been trying to acquire for a decade: the Bolo project.
Max and Brad’s pedigree is incredible: Their dads are highly regarded names in the finance and mining industries.
Using those connections and a few personal friendships, they signed an option agreement for the Bolo project. No easy feat.
In short, this team got it done. And then added a second remarkable project – AND consulting team.
This is called walking the walk.
They’re the next generation of world-class gold junior leadership.
The Gold Mining A-Team with Incredible Exploration Upside
Since last fall, the company completed a 1,832m drill program at its former flagship Bolo project. They’re still drilling there, and recently completed an additional 2,301 meters.
The drilling delivered some of the most significant gold intercepts in the entire year of exploration in Nevada.
It showed both high-grade oxide from the surface and new high-grade oxide discovery at depth.
They also signed an option agreement to acquire the Kinsley project from Liberty Gold (which soared from 32 cents in 2019 to over $2.30).
The Kinsley gold project would EASILY be the lone flagship asset of ANY other junior miner.
This was a grand slam deal for Sali and Telfer.
That project already has a National Instrument 43-101 Indicated resource containing 418,000 ounces of gold grading 2.63 g/t Au (4.95 million tonnes) and Inferred resource containing 117,000 ounces of gold averaging 1.51 g/t Au (2.44 million tonnes).
More than 80% of the Kinsley property remains untested by drilling.
The company has locked in CAD$12M in equity financing in a bad market.
That will provide at least double the funds they need for all planned drilling and exploration on their current projects:
| Kinsley Consideration
| Kinsley Exploration
||Up to USD$4.15M
| Bolo Exploration
| Troy Canyon Consideration