Premium Resources – Advancing 2 Past Producing High-Grade Copper-Nickel-Cobalt Projects in Botswana
Morgan Lekstrom, CEO of Premium Resources (TSX.V:PREM), outlines how the company is unlocking value from two past-producing, high-grade critical metal assets in Botswana.
In this KE Report company introduction, we feature Premium Resources as it advances the Selkirk open-pit and Selebi underground Projects, both with a history of production.
Morgan highlights why Botswana is a top-tier jurisdiction for mining, detailing the company’s aggressive strategy to scale up both assets through expansion drilling, re-assays, metallurgy, and parallel economic studies.
The Selebi Project hosts 30Mt @ 3.35% CuEq underground, while Selkirk is undergoing a low-cost re-assay campaign aimed at validating a historic 130Mt+ resource.
With over $46M recently raised and debt eliminated via equity conversion with major shareholder EdgePoint, Premium is fully funded to aggressively advance both projects in tandem.
Morgan also discusses the company’s upcoming uplisting to the Nasdaq, a key strategic move to broaden institutional access and increase liquidity. He introduces members of the team and board, including recent additions with experience at BlackRock, Gatos Silver, and Freeport-McMoRan.
Upcoming news flow includes drilling, resource updates, metallurgical work, and early-stage economics through 2025.
Any follow up questions for Morgan? Please comment below or email me directly at Fleck@kereport.com.
I’d say it was a nice reversal since gold finished the day $114 off this morning’s low after testing the 50 day MA for the first time since leaving it behind on January 8th (more than 4 months ago). I don’t know if it can get through $3500 as many would view such a print as a second chance to sell the top but if it does, I think at least $3,900 would be in play.
https://schrts.co/JEJuvWUX
SILJ:GDX has now completely filled Monday’s gap (which has added importance since Monday gaps are weekly gaps). Silver and especially the silver stocks have been impressive this week. If the following chart had obtained its current bullish looks during an UP week for the sector it would be bullish but it did so during a down week for the sector which is much more impressive. We all know that silver and the silver stocks typically underperform all things gold when the whole sector is selling off but this time we saw positioning for upside leverage rather than safety. No, that doesn’t guarantee anything, especially short term, but it is definitely a good sign.
https://schrts.co/rnekFGVc
The POG is up $45 today if you went back 5 months ago that was a big deal, now for me it is a real YAWNER! Wake me up when it next goes over $100 again. ZZZZZZZZZZZZZZZZZZZZZZ LOL! DT 🤣😜