New Dunnedin Ventures President Highlights Kahuna Project Potential | Summary and Q&A

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November 28, 2017
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Investing News
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New Dunnedin Ventures President Highlights Kahuna Project Potential

TL;DR

Claudia Tørnquist, President of Dunedin Ventures, discusses the potential of the Kahuna diamond project in Canada and their plans for 2018.

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Key Insights

  • 👥 Claudia Tørnquist's previous experience with Rio Tinto and the Diamonds group emphasizes her expertise in the diamond mining industry.
  • 😤 The presence of influential figures like Chuck Fipke and John Robbins on the Dunedin Ventures team adds value to the company.
  • ✋ Dunedin Ventures has made significant progress at the Kahuna project, achieving higher diamond grades and gaining local community support.
  • 👶 Their plans for 2018 focus on resource expansion and drilling new pipe targets for potential major discoveries.

Transcript

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Questions & Answers

Q: What attracted Claudia Tørnquist to the Kahuna diamond project?

Claudia was drawn to the potential of the Kahuna project, especially after hearing Chuck Fipke's comment that it was the best diamond project he had seen since his discovery at Ekati.

Q: Who are some key members of the Dunedin Ventures team?

Chuck Fipke, one of the largest shareholders, brings extensive experience in Canadian diamonds. John Robbins, with 20 years of experience in Nunavut, provides valuable insights as a mining entrepreneur and company builder.

Q: What progress has Dunedin Ventures made at the Kahuna project this year?

They have achieved higher diamond grades in their recoveries and conducted an extensive sampling program. They have also gained endorsements from local communities, an important milestone for the project.

Q: What are Dunedin Ventures' plans for 2018?

Their plans include expanding the existing resource, aiming to increase it from four million to approximately ten million carats. They will also drill new pipe targets for potential transformative discoveries.

Summary & Key Takeaways

  • Claudia Tørnquist has extensive experience in diamond mining, previously working with Rio Tinto and their Diamonds group.

  • The team at Dunedin Ventures includes influential figures in the diamond industry, such as Chuck Fipke and John Robbins.

  • Dunedin Ventures has made progress in diamond recoveries, with higher grades and endorsements from local communities. Their plans for 2018 include expanding their resource and drilling new pipe targets.

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