 Want to learn about stocks, cryptocurrencies, NFTs, and the metaverse? Join RichTV.io. Hi, how are you doing today? I'm your host, Rich. Here we have RichTV Live with a very special guest, the CEO of LeoCore Gold, Alex Klenman. How are you doing today, Alex? Good, Rich, how are you? Thanks for having me on. I'm very excited. And I have a whole bunch of different things I want to talk about today regarding LeoCore Gold. And obviously, Gold is doing really well. Now, first and foremost, you guys have a massive Gold exploration portfolio, over 150,000 hectares, almost 600 square miles, in the best mining jurisdiction in North America, Newfoundland, and a technical team led by award-winning prospector, Sean Ryan, the man behind some of the largest Gold discoveries in the past 15 years. And you're starting in an active field season with multiple drill programs in the coming months with a $4 million cash position. So the company, in my opinion, is very undervalued, underappreciated, underexposed. You're also trading at a 52-week low, despite the fact that Gold is at $2,000, and we're heading into a bullish commodity supercycle. And the last time you guys had financing, it was at 50 cents. So we are literally trading at three to four times lower than where you guys did your initial fundraising, despite the fact that you guys have advanced the project for two years, and you had constant work done to delineate drill targets, and the opportunity to acquire shares is so cheap. Two years ahead of the last raise is a tremendous value proposition, in my opinion. So love to know what you think about this right now, and where you believe this is going. The CEO, Alex Klendman, of LeoCorp Gold, you guys also raised $8 million at that 50-cent price, and we're at a $2,000 Gold, two years advanced, and a much cheaper entry point for LeoCorp Gold today. So my first question today, Alex, is why do you think this is the time to introduce our community to LeoCorp Gold? Yeah, you said it perfectly. You hit all the major points. Look, two years ago, or a little over two years ago, we did that big raise. We had a lot of institutional support in that raise, some well-known funds. And despite the fact that we knew utilizing, you mentioned the world-renowned prospector, Sean Ryan, he's our technical guy. He's made some big discoveries. He's all over the place. He really came into Newfoundland five, six, seven years ago. Started scooping up ground because it was so underexplored compared to the rest of Canada. And so we're real lucky. And unfortunately, look, our market cap has evaporated. We're sitting at a $6 million market cap today and 4 million of that's in cash. So I can tell you that the projects themselves are worth a lot more than that. And so obviously, when the market turns, the value that's being buried right now by various factors, we've got a sketchy market, we've got lots of macro issues, we've got war, we've got the recession, we've got inflation, we've got bank failures, we've got all these issues. And it's not surprising, there's a lot of money on the sidelines, but that always changes. We know there's always light at the end of the tunnel. For every down, there's an up. So coming out of this, as you mentioned, we could have a really strong commodities market. And when you look at Leacore's situation, massive land packages, great anomalies, two years advanced on all of these projects and still a strong treasury and the drill season. I mean, this is when things happen. We're going into drill different properties in Newfoundland this summer and we're gonna be, the news flow will be strong. So as an entry point, what's not to like? Yeah, and like I said, I find it very undervalued, under-appreciated, under-exposed. The opportunity to be able to invest in a company that raised money, $8 million at 50 cents, two years ago, you guys have continued to move forward in your plans and now you're getting a chance to get in at let's say 12 cents in Canada as opposed to 50 cents. I think it's a great value proposition, like I said. And why do you think Newfoundland is the place to find gold? Yeah, that's a great question. You know, places like Ontario, Quebec, even British Columbia have had a lot of exploration over the last 30, 40, 50 years and even further back. Newfoundland hasn't, you know, 20, 25 years ago it was Noranda that basically had the entire island and they were just sampling for different things and looking around, but nobody really, Newfoundland came back on the radar really, I think with Newfound gold in their generational find to an extremely high grade big deposit and that really brought a lot of attention to Newfoundland. And that is because there's been minimal exploration done and the data is there. So you've got Verge and Ground. It's one of the reasons why we did 150,000 a hectare package there with Sean, the Western exploits package that is what we call it. And we're casting the net out real wide. Now we don't expect all 150,000 hectares to be given but there will be hotspots that have previously been unknown within those large packages. So our plan is to reduce the size of those packages, cut the obligations in terms of holding that ground over a long period of time. And we're there now after two years of soil sampling. We've done well over 100,000 soil samples and that's massive. And this really builds out, you know, this is essentially Sean's exploration philosophy and you start with that, you go and you do some rap drilling and then you really get into the hotspots with the diamond drills. So we're still doing rap drilling this summer but what I like is, you know, obviously that ground, new found gold is not going to be the only massive discovery or major discovery that that would be in and of itself quite a geological story if that was the case. But we know where there's gold, there's gold. So just because no one has found it yet doesn't mean it isn't there. And you don't want to go into a pin cushion. You know, I mean, people talk about Nevada a lot and you know, the battle mountain trend and all those, the big trends in Nevada. And those things have been poked for, you know, 75 years. So, you know, you wonder where, if something has 30, 40, 50, 100 drill holes on it where the gold is hiding? Well, we don't have that in Newfoundland. We've got all of the geological anomalies, all of the positive structure, all of the positive things you need to see that the boxes are checked but they haven't really been explored in any great detail. And so we're in that right now. It's almost like a new rush, gold rush. And we're excited and we think there's gonna be some big discoveries over the next couple of years. I think so too. And with gold at $2,000, this is the right time for investors to be looking into gold and junior gold miners. Now, Alex, can you share your exploration philosophy? Similarly, Sean Ryan, huge, huge, huge, huge person to be working with is your technical star. Can you tell us a bit more about his methodology? Yeah, well, he does these, really does, he'll mine government data first. And there's a treasure trove of data that's sort of sitting there unused. So he goes in, does his due diligence in that respect, takes historical numbers and historical work, and then pieces off areas where he feels there's gonna be some luck. So you go in first with these, with these wide swaths of soil grids and then when you're really just sampling a surface and you look for indicator materials. And once you sort of determine that, you go in with RAB drilling. RAB is a cheap alternative to diamond drilling. RAB is more of a crush and it'll go down 30, 40, 50 meters at most. And you can almost sample in real time what you're bringing up. And now what you're doing there is you're really furthering your drill targets for the diamond programs. And diamond drilling has to be precise and you really wanna know where your targets are. You don't wanna just willy-nilly diamond holes. They're expensive and you need to know where you're going. So Sean's method really gets you to a point where you've de-risked those holes to a great degree. And that's kind of where we're at now. We've had two years of the soil sampling. Now we have one package in Bay Verk, which is a well-known mining district in Newfoundland. And we did some RAB drilling there last fall and came up with some really good numbers. And Sean is the perfect guy to talk to. In fact, we should have him on Rich for an additional interview where he can speak to the anomaly that we've generated up at our door set package, which is within this Bay Verk project. The anomaly, he thinks, quote unquote, is one of the best, if not the best on the island. So it's really, really interesting. It's just lit up like a Christmas tree. And I did, in fact, I did a Zoom yesterday with several geologists. I'm like the fly on the wall. I let the technical guys do their thing. But they were basically all saying the same thing like, wow, that looks phenomenal. Now we put out some news. It's out there. You can go to our website and read the news releases from late last year. And you can see that we do mention this anomaly, but we're gonna get back in there and drill a little more. And we think there's something special going on there at that door set package. That's exciting. I can't wait to see the results. And I'd love to have Sean on the show. Let's set it up anytime you like. Now you're entering your busy drill season ahead. What are your goals for this year's work programs? I'm glad you asked because there's one thing to say you have 150,000 hackers. But how sustainable is that over a long period of time? Especially for a junior. You need to reduce the size of those claims to the hotspots where you think your best love is gonna be found. So that's where we're going now. And I hope to be able to really reduce over 2023 large portions of that ground which was simply, was not gonna be the priority areas. So we reduce our obligations and our costs moving forward. We hone in on the hotspots that we think are gonna give us discovery. And so that's really the goal this year with the Western Exploits package, our Bay Vert package. We wanna get in, we wanna do a few more rabbit holes to really define where the best drill targets are. And then we'll go in with Diamond, probably Lake Q2 or sometime in Q3 we'll get into Diamond drilling. And that's gonna be exciting too. But it's an impactful drill season coming up. We've got a lot of decisions to make. And again, when you talk about timing, I mean, two years ago at 50 cents, this was a solid enough deal to raise eight million in institutional money and lots of participants. Here we are a few years later, we're at 12 cents. We still have a strong treasury, but the data, the advancement of the projects is two years ahead. We have $2,000 gold. Now, admittedly, we haven't had, nothing's really caught fire despite the fact that we have $2,000 gold. But there's nothing to suggest that we don't see 22, 23, even $2,500 gold sometime in the near future. And if we can get a little bit of that, yeah, I think it's game on. And the 12 cent Leo Core price, the six million market capital no longer be sitting there for all to see it. It should get a nice bump. Look, sentiment is the driver in this business. Everybody takes credit for sentiment-driven success. It's no more, no different than putting up a sale on a sailboat on a windy day. The power's in the wind. So the power in our business is in the sentiment. And when sentiment comes, boom, all of a sudden overnight, everybody's up 25, 30, 35% for no real reason at all other than sentiment. So that sideline money will come roaring in like a tsunami. And I really do believe that Leo Core is gonna see quite a bump. I agree with you. And you mentioned the door set project within your Bay Verde package. Is your flagship at the moment, what's ahead for this exciting project? Yeah, like I mentioned, we really want to get in there. We want to get diamond drills in the ground. So some of us and the management team and on the board want to see those diamond holes tomorrow, Sean is, he's the patient guy who wants to do things his way. So we're gonna listen to Sean. We're gonna go pop a few more rab holes just to find, define further where the best spots to put the diamond holes are. You know, I mean, we had 10 meters of two and a half grams last year. We got another five meters of six grams and some really interesting hits. And, you know, for an area, and these were in areas that had never previously been drilled. So these were, these were bonafide discovery holes. And so we're, you know, we're excited. We think that's gonna be a big find. But what's ahead at Dorset is wrap drilling in the near term and then we'll jump into the diamond in Q3. Fantastic. We are speaking with the CEO of LeoCorp Gold, Alex Klendman. I must remind everyone that Rich TV Live is strictly for information and education purposes. Please do your due diligence, do your research before you invest in anything we talk about or discuss here on Rich TV Live. I want to bring your attention to the symbols. In Canada, the symbol is L-E-C-R. In America, the symbol is L-E-C-R-F. You're not winning, you're probably not watching. We bring you the winners, we bring you CO interviews, we bring the news and we bring it to you first. Thank you for joining us today, Alex. Appreciate it, Rich. Thanks for having me. I look forward to coming back. Always a pleasure. And we feel that LeoCorp Gold is undervalued, under-appreciated, under-exposed. Put it on your radar, put it on your watch list. This is your host with the most. Your boy Rich from Rich TV Live bring you LeoCorp Gold with the CEO, Alex Klendman. Thank you very much for your time today and have a great day.