Derek Macpherson

Mining Executive, Investor, Reformed Mining Analyst and was once a metallurgist. I also grow tomato's and like to cook meat so you may see some of that as well.

[Derek Macpherson @MacphersonDerek]

Here is the most recent episode of the Compass recorded April 21. We talk about $AU.v's takeout by $AEM.TO and the associated transactions with $BTO.TO and $RUP.TO. We also chat about what we had been buying in March during the downturn $PPP.v and $GSKR.v.

This was a big win for the $OC.v portfolio.

https://t.co/sjwc39SECA

[Derek Macpherson @MacphersonDerek]

@YukonBrandon Would say Western Australia in the first world and Guyana appears to be pretty quick in the developing world.

[Derek Macpherson @MacphersonDerek]

@tyronsmining_b The funny part is, that unless you have been an analyst, you can’t have a true appreciation as to how hard great titles like this are to come up with

[Derek Macpherson @MacphersonDerek]

I am pleased that @Gold79Mines is merging with @AMMOExploration to create a stronger SW US Gold Explorer. The focus of the combined entity will be to deliver a maiden resource at Gold Chain in 2025 while exploring Jefferson North (acquired as part of the transaction) and working with Kinross to get Jefferson Canyon drilling underway. In connection with the transaction, the companies plan to raise C$4M.

In my view, this marks a major step forward for $AUU.v and with the planned raise, should allow us to create meaningful value for shareholders of both companies as we advance Gold Chain towards a maiden resource.

For more details see the press release here: https://t.co/sfzzoWxoV6

$AUU $AUU.v $AUSVF $AMMO.v

[Derek Macpherson @MacphersonDerek]

@PeterNBell @cynical_met No but it would be a good handle.

[Derek Macpherson @MacphersonDerek]

This permitting process has taken much longer than anticipated and has been frustrating for both our shareholders and management. We appreciate everyone's patience and hope to see this process wrap up in 2024.
$AUU $AUU.v $AUSVF
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[Derek Macpherson @MacphersonDerek]

@Gold79Mines has been continuing to progress permitting at its Jefferson Canyon project in Nevada & now anticipates drill permits being received in time for the 2024 exploration season.
$AUU $AUU.v $AUSVF

See the full press release here: https://t.co/COD863f5VT
1/

[Derek Macpherson @MacphersonDerek]

Recall that once permits are received, Kinross needs to spend US$600k in exploration, and then has the option to buy 70% of the project for US$5M or 80% of the project for US$10M.
$AUU $AUU.v $AUSVF
3/

[Derek Macpherson @MacphersonDerek]

@LegendsOfLUKIAH @LegendsOfLUKIAH very cool. If you have any other photos or information, we would definitely be interested.

[Derek Macpherson @MacphersonDerek]

Thanks to Brian and the team at MSE for having me on to talk about the markets and share a little about @oliveresource & @Gold79Mines

[Derek Macpherson @MacphersonDerek]

I sat down with @Junior_Stock & @MiningStockEdu to discuss my views on resource stocks and my impressions from the recently held Precious Metals Summitt and Gold Forum Americas.

I would love to hear your feedback on my comments. $OC.v $AUU.v $AUU $AUSVF

https://t.co/Am7TddTFwO

[Derek Macpherson @MacphersonDerek]

An interesting interview from @JayantBhandari5 by @ProvenProbable. I agree with his view on @Gold79Mines as evidenced by my & management's investment in $AUU.v $AUSVF via the first tranche of our ongoing private placement. I am easy to find if you want to learn more.

[Jayant Bhandari @JayantBhandari5]

Here is a discussion with @ProvenProbable on how I invest, my thoughts on the coal sector, ESG, @montagegoldcorp @AztecMinerals @Gold79Mines @newhopecorp @WhitehavenCoal $YAL $CRN @peabodyenergy and @WarriorMetCoal
https://t.co/9lSi351bDl

[Derek Macpherson @MacphersonDerek]

If anyone has any questions, wants to dig deeper into Tyro or the path to a maiden resource, or wishes to participate in the financing please do not hesitate to call me or reach out to me via this platform.
$AUU.v $AUSVF
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[Derek Macpherson @MacphersonDerek]

@Gold79Mines has put out 2 press releases in the last 2 days. The first on the potential of Gold Chain & the path to an initial resource. The second a financing to fund that path.
The 3 key takeaways are below:
$AUU.v $AUSVF

https://t.co/jYkYWFbh6h

https://t.co/jYkYWFbh6h

1/

[Derek Macpherson @MacphersonDerek]

Third, to fund the planned exploration program above, we have announced a financing for C$2M, at $0.04/unit (1 unit = 1 share plus 1 whole warrant at $0.06 for 24 months). There is some room in the financing, and we will make room for existing shareholders.
$AUU.v $AUSVF
4/

[Derek Macpherson @MacphersonDerek]

Pleased that @Gold79Mines has appointed Peter Mercer as a director. This adds some recent development & operations experience at a time when we are approaching the stage of “advanced exploration”.

I am looking forward to working with Peter.
$AUU.v $AUSVF

https://t.co/wqFzWmSpSo

[Derek Macpherson @MacphersonDerek]

@MiningCatalyst @VukasinPekovic @MiningCatalyst that is good feedback, we used to have the patented claims (project core) shown on the larger maps (see attached) but removed it when we updated the maps. We'll add it back it in with the next iteration.