 Bruce Durham is the president CEO and a director of Nevada's Inc. Corp. Bruce, welcome to the investor Intel studio Good afternoon Fred. Thanks for having me on. You're a professional geologist and in in the street parlance They're really in my business lifetime. There hasn't been all that much found really We've been very few finds and your name is associated with quite a number of Spectacular finds two of the three minds in the Hemlo camp for example It can't be just luck What's your methodology? Well, I think Fred some days I'd rather be lucky than smart and I don't think it's that we're particularly smart I just think You know you have you have to go out and really identify a series of characteristics that you're going to look for and Then try to be very diligent about knowing when to stop looking in one area and go to another area so we go through a whole process of Identifying projects tearing them apart seeing whether we think they've really got the potential or not and then moving on to the next one Or really sticking with the good ones. What are some of the other names that you've been involved with? I was involved in the early days in Timmins that's where I'm from Timmins, Ontario and We did the early work on a project called the Timmins nickel project where we found a nickel deposit Bob Middleton and myself found the Belle Creek mine in Timmins, which is now part of Tahoe resources We put all of the land together in the west end of Timmins when no one thought there was any gold out at the west end of the Timmins belt under a company called Bandor resources, which is now part of Tahoe resources as well And then we did a big project up in the northern tip of Quebec Called Canadian Royalties where we went up and we actually found about eight nickel deposits up there in a series of about Five years and eventually sold that project to the Chinese So lots of different metals lots of different areas that I've worked across Canada and through the US and in South America and across Africa as well. So lots of lots of time spent in the field Your stocks up 115 plus percent this year to date your investors must be very happy Let's talk a little bit about Nevada and what you were looking for initially when you went to Nevada We were looking for a for a project for the company was called Gold spike exploration at the time and we were looking for a keynote project that we could work on a year round or in The off-season to the Yukon where our key projects were at the time and I was always looking for something that had those special Characteristics that we could go down and actually start on something You know that was located in a good jurisdiction that had good infrastructure and where someone had actually done a fair bit of the initial Groundwork for us and where we could You'll work on a project that didn't cost a fortune to get into so this project came across my desk It was a project where some guys had gone down there looking for zinc or sorry looking for gold And it actually found zinc and then through the crash in 2007 and 8 lost title to the property And it was sitting there available when we showed up at the door I think a number of companies that that I've talked to over the years look at a handful of projects Was that your modus in Nevada? No, I probably looked at 200 projects You know in addition to everything that I know about the belts that we've worked in over the years And I've been at this for 40 years now and primarily with junior companies You know seeing share prices go from ten cents to a hundred dollars kind of gets your attention And that's really what's driven me to to stay active in the industry is I really like the discovery portion of phase of these exploration projects Long Mountain Looks to be exciting because of the drill results you've posted in the last couple of months You've also had some leaching news, I believe when we take on a project We know that there are going to be a series of stages where we're going to have to get ahead of the curve I think that's one of the ways that you Avoid falling into some of the pitfalls that a lot of junior companies fall into so what we did initially is we did some drill testing We've already started on some metallurgy. We've worked on the specific gravity. We've done some geophysics We're doing all kinds of projects at the same time that we're doing the drilling part of which is going to really help us when We're going to do a resource estimate so To that line of thinking we've already started on some metallurgy some initial test work to show that We can concentrate the mineralization. It's a little bit different. It's zinc oxide as opposed to zinc sulfide Some of which can be a problem and some of which are a very good benefit. I mean this material Dissolves very easily. We've done some extraction tests on that And so we think we're really pushing the envelope on this so that when we Continue to come out with good results and get a resource estimate We'll have a lot of other things already started so it's very leachable material very leachable We don't see that as being a problem what what you need to do when you've got Zinc oxide mineralization is sitting in carbonate rich rocks You need to get the carbonate content down because that absorbs your acid And so we've done some dense media testing on that to show that that's very viable as well Bruce Nevada is exciting, but so is your Yukon property. You've got a portfolio of properties They're in good company Kamenak has a big property, which was of course just acquired by Gold Corp This is a placer area that you're on I believe Well, there are placer districts in the Yukon and so in a back in around 2010 We started putting together land packages before Kamenak had drilled its first drill hole and in fact some of the the people in our group who Identified the various projects that we acquired and we acquired 44 different properties in the Yukon Part of that team was a former resident geologist for the entire Yukon by the name of Trevor Bremner Myself some guys who had actually had the coffee project, which Kamenak Was founded on and they had actually had that ground previously So these were very experienced Yukoners and people who knew how to go about putting together projects So we put together 44 projects. We've done a first pass on everything We've actually identified I would call it maybe five or six projects that we still very much like and out Of that three key projects one of which is the large land position We have west of where Kamenak was has been working We acquired that ground before they drill their first drill holes. So that ground has been there for a long time We've got in excess of 800 claims. So covers about 15 or 6 15 to 17 kilometers depending on how you measure But completely unexplored very we've got some geochem targets. We've got to go and evaluate So we're really excited about that one most investors are a little bit leery when they hear placer mining It's great for small scale miners over over the history Certainly the gold rush was largely placer stuff But have you had any sense of where the source of the material is? Well, that was one of the things that we used to identify a number of these targets If you go around to the various placer districts if you want to call them that in the Yukon There are actually about ten of them several of them are clustered together and almost without Exception with the exception of one project that we have they've found a bedrock source for where that gold was coming from I mean, I may not have found every source, but they've identified a source Most of them not very far away from the placer gravels And so we use that as one of the criteria for acquiring some of our properties and one that we're really excited about is called Livingston Livingston there were there's been placer operations there for almost a hundred years and You know, they've been finding nuggets there even up to this day some of the largest nuggets that have been found since the original gold rush the One placer miner found an eight ounce nugget a 12 ounce nugget nugget in one day a couple of years ago And so there's still very large nuggets coming off the side hill And we have all of the upstream portions of the bedrock actually as our property all of the significant ground up stream So we think we've actually now identified gold Well, we know we've identified gold and bedrock and we think that this gold and bedrock that we've identified It actually has matching geochemistry for the gold in the nuggets And so we think that we're starting to identify the source of where all this gold has been coming from so again a very exciting Early-stage project and we've got a very large land position Brace, what should we expect in the next couple of months from Nevada zinc? I think the next couple of months we've got more work that we're doing in Nevada That's really our focus project right now, but we're also working away in the Yukon So we've got crews in Yukon and we'll be doing some work at our Goodman property Which we haven't talked about which is all of the ground to the to the west along trend from Victoria gold Who've had a very nice run-up in their share price as well. So they've again identified about six million ounces in overall resource Just up above a placer operation So it's the same kind of methodology and then we've got a bunch of placer operations on our ground adjacent to the West so we know that we've got a bunch of targets to go and evaluate there So we'll do some work at Goodman. We'll do some work at Livingston We're doing a bit of work at VIP and we're also going back in to start drilling again in Nevada So we're gonna be really busy over the next little while. I'll look forward to an update in a couple months. Okay. Thanks very much Fred. Thank you