Benz Mining CEO:The results we have seen have given us a high level of confidence

TL;DR

Junior mining company, Vance Mining Corp, acquired the Mills Inc project in Yukon for $2.7 million and is well-positioned for further development.

Transcript

my name is Millicent II which from been smiling Corp tickety's busy Vance Mining Corp is a junior mining company started operation a few years ago it was funded by a few experienced mine and geological professionals company acquired the Mills Inc project in Yukon last March for 2.7 million dollars current structure is a 25 million shares outstandin... Read More

Key Insights

• 🚨 Yukon is emerging as a promising mining destination, with government support and increased investments from large mining companies.
• 💪 Vance Mining Corp's acquisition of the Mills Inc project in Yukon provides a strong foundation for further development.
• ✋ The exploration program yielded positive results, including a higher zinc grade than initially expected, enhancing confidence in potential deposits.
• 🤒 The next season's goal is to drill 14,000 meters, aiming to minimize exploration costs and expand resources for future development.
• 🥺 The team at Vance Mining Corp, led by Michael Guru, the Vice President of Geology and Exploration, has played a crucial role in the project's success.

Questions & Answers

Q: How is Vance Mining Corp positioned for further development?

Vance Mining Corp has 25 million shares outstanding and $1.9 million in cash, which provides a solid foundation for the next phase of project development.

Q: Why is Yukon an exciting place for mining?

Yukon offers a favorable mining atmosphere, government support, and increasing investments from large mining companies, making it an attractive destination for mining projects.

Q: What were the results of Vance Mining Corp's exploration program?

Vance Mining Corp's exploration program yielded positive results, with a significantly higher zinc grade than the historical data indicated. This outcome has increased confidence in the project's potential.

Q: What are Vance Mining Corp's goals for the next season?

Vance Mining Corp aims to drill 14,000 meters in the next season. This will help achieve their goal of minimizing exploration costs, securing high-grade ore, and expanding the project's resources.

Summary & Key Takeaways

• Vance Mining Corp, a junior mining company, recently acquired the Mills Inc project in Yukon for $2.7 million.

• The company has 25 million shares outstanding and $1.9 million in cash, making it well-positioned for further development.

• Yukon is becoming an attractive mining destination, with government support and increased investment from large mining companies.