 Want to learn about stocks, cryptocurrencies, NFTs, and the metaverse? Join RichTV.io. Hi, how's everybody doing today? I'm your host, Rich. Here we have a RichTV Live with our very special guest, Sean Ryan, the technical advisor of Leacore Gold. How are you doing today, Sean? Good, good. It's a busy time. It's spring or we're just coming out of May here so June's gonna begin. Yes, and we're really excited to have Sean on the show. And first of all, for people who don't know Sean, he was the 2010 award winner from the association for mineral exploration, British Columbia, and the 2011 Prospector of the Year Award from Prospectors and Developers Association of Canada for his discovery of the white gold deposit in Yukon. Sean, you stated if you were 25 years younger and you found Newfoundland first instead of the Yukon, that you would be in Newfoundland. Can you explain to us what you mean by making that statement? Well, Newfoundland's in a very unique spot, like it's an island, but what's kind of cool is that from an exploration point of view, like I've been mostly concentrating the Yukon, I have to find something very significantly big. But in Newfoundland, because it's very underexplored, it is, but the logistics are so good. You got power lines everywhere. You got roads everywhere. You're within anywhere on the island. You're within a port distance of 125 clicks. So they could put deposits that are smaller into production quicker. Hence, as a prospector, I get a royalty out of the project. So I get a good check at the back end. But the thing is, as a, like the island from the people's point of view, like it's got the best miners in Canada are all in Newfoundland. And they're all being exported to work in mines across the country here. But if they could find a mine in their backyard, they'd love to go back home. So yeah, so from those standpoints, that's more the infrastructure. But as a prospecting, the big, when I did my research in it before staking a pile of claims, you had to understand the history to the hunt of gold on the island. And really it was a short-lived gold exploration. And it all started with lake seds that back in 88 era, that they basically put out the government surveys, Geological Survey of Canada and the Newfoundland Survey put out these lake sediment samples. And they put out a lot at a time. And so that was 88, gold was up and it drove a big exploration program. And literally, like Miranda was the head, like they were sitting there in mid-80s, 85, 86. So when that database started coming out, they were there to jump on it. And part of their mandate was to actually find, so that's what's cool part about history when you dig into it. They were hoping to find 30 or 40 samples over a gram. They found over a thousand samples over a gram in their initial recon. So that's what happened in 88 to 90. They had so many targets lined up because they were the head, they were the main gold exploration people. They could only drill two or three holes on a target. Then they had to move to the next one, to the next one. And then by 90, the whole junior, like in 89, those who've been in the business like me, that's when the super flow through crashed and it kicked everybody out of the bush. I was working in the Timmins camp at the time and everybody was out of work within overnight. But that's what happened on the island also. And then by 90, that was 89, by early 90, Miranda decided they didn't want to do gold. They went into base metals. Really, they stick to their base metals because they were always a base metal company. So then the place went dormant. And then we had a little pop by 96. 97 was the Briac scandal. Everybody was back out of the bush again. But what happened was the whole history, and this is what kind of Leo Kors got going for it, is that nobody actually went looking for brand new discovery areas, kind of like I did in the Yukon. And what happened is that everybody since 88 to 90 has been going back to most of the old Miranda discoveries and drilling another hole behind it and do more. And then the market crashes, then they got everybody leaves. So this, so we haven't had a really intense gold exploration on the island since 88 to 90. So we went 30 years without a good one. So since then we've had more tills from the government put out and more airborne geophysics. And we've got more understanding of these gold systems. Yeah, so that's what set up Newfoundland as a prime area to go hunting for, for these brand new gold districts. Well, we love finding these new exciting areas. And as one of the best in your field, what would you say makes Leo Kors such a special project? And why should investors be paying attention as you guys developed this project in Newfoundland? Well, what we would end up doing was Leo Kors, there was a few companies, but Leo Kors is one of them that we basically kind of loaded the deck and it's fairly easy to stake in Newfoundland. So it's basically the ideas that I call them good fishermen they're fishermen. So they knew how to bait the hook. So they actually made a cheat to go with the state claims. So then you got to acquire these packages. Their permitting system was quite nice. So then easy to work with. So we ended up doing with Leo Kors stake these big chunks of real estate based on structure on geochemistry, on geophysics. And then what we did is, and we were lucky because what happened was the market, it's not only the market like Eric Sprott walked in and financed a bunch of different groups out there. But what it is, we had to do the geochemistry first and so like we did in the Yukon, but we kind of fast track that on the island. And I think with Leo Kors, we probably did somewhere up to, I bet you were up into the 80,000 soil range like you know, at least between 16 and 80,000 in the last two years. So we ended up doing was mapping these, just hunting, putting recce lines. So that was year one, we got a hits, we went in and started infilling them hits last year. Now they're into grid phase, did some ground geophysics, did some airborne mag, did some LiDAR, find the help us find structure. So now we're into just getting into the drilling stage now. And so you know, like the market kind of came back a little bit off of its high there, but now we're up to bat. That's super exciting. We love gold, we love copper, we love silver and zinc. And you're talking about all of those elements. So super exciting to see this project come through. And I know people always ask the positive questions about why a project is so good, but being an experienced prospector, you must see what the negatives are and how to minimize them in order to get the best results. What are the top hurdles you have to face with a project in Newfoundland? Like that's kind of interesting, like it's a good question. I don't really, like Newfoundland, there's not a ton of negatives. Like I actually can't think of too many actually. Actually I can't even think really. Yeah, cause normally what I deal with is brand new regional grassroots discoveries or where to go where nobody's gone before and come up with the good somewhere else. But in Newfoundland, it's like I'd say the weather sometimes, but the point is- Yeah, the question in the winter, right? Well, but you could drill in the winter there. And that's what's kind of unique about the island. Like I come from, I work with remote areas in Yukon or even Northern Quebec now. And those are remote areas. But on the island, that's why I really liked, the more I did my research, cause I put a lot of money into my own projects to start with, to understand this, that the island just drew me in that the power's there, the road's there. When I say a remote area on the island, it's 10 miles away, not a hundred miles. It's 10 miles away from a road or a power line. Wow, that's great. Yeah, so the people there are fantastic. Like, you know, and they love, you know, like I've been dealing like, you know, we're dealing with lots of environmental stuff in the, you know, try to do exploration out there. The people would love us to find a mine there. And, you know, so it's kind of, so it's kind of a, it's an interesting thing. So there's not hardly like, from a, that's why you could put a smaller deposit there in production because you don't need these big massive deposits. And that's kind of what's kind of going on right now. A lot of these smaller deposits are being put, the Australians have got to the island a couple of years ago. Matadors, one group and the maritime guys are another group, but they're putting these smaller, you know, sub million ounce deposits into production because the grades there, but the infrastructure is there. Yeah, I've always, anytime I've visited the East coast, I can't believe how friendly they are. So when you mentioned how they're super nice and they're super friendly, I've had that experience myself, literally the friendliest people I've ever seen in my entire life on the East coast of Canada. Super friendly, always happy. So I can see that being a huge positive from that perspective, dealing with, you know, happy people that are excited that you're there, which is, you know, you don't see that every day when you're dealing with mining. Now, my next question is, to duplicate the success in Newfoundland that you had in the Yukon, what are the key factors that you will be focusing on? Well, we've been, that's what's been like, we've been, I guess it's like I call lucky or privileged that we raised enough money like with Leocore a few years back that we've been diligent about following the process. Don't jump out and drill too quick because you can be 10 feet away from a, you know, the vein system and parallel drill with it and miss it. You know, that's, I've seen a lot of that happen. So what we've been able to do is do our soils, get some prospecting in, get the airborne geophysics in, get the lighter in. Now we're doing some ground VLF that we can invert that data. It shows us the direction of the structures that we're seeing the anomalies on. And now we're gonna start with Leocore, they're gonna start hitting some of their other projects like Hodges Hill and basically the Leamington and Robert's Arm. Like they had big packages. We don't need all them claims because now we know where the hotspots are and where they're not. So we're gonna, they're gonna pare down some of them claim blogs. And the idea is that now we're gonna take this rab drill that ground truth has been working with this drones to drills technology, but what it is is it's a rotary air blast drill that uses a compressor instead of a diamond drill. And instead of getting core, you get rock chips. But what we end up doing is we take a downhole televiewer and put it down the hole. And that gives us an oriented picture. So we get the structure from it, but it's about half the cost of diamond drill when you can drive to it. If you have to use a helicopter, it's a third of cost. So that's what we use to basically recon before we diamond drill. So that's what we're getting ready to do. Like we started that on the door set, but we're gonna hit the Hodges Hill and some of these other targets this year. And then the idea is that, so that's what's kind of been good about working with Leocore. They've been actually sticking to the plant and not letting the market dictate the plant. Well, we need a drill hole right away. Get out there and drill right away. No, slow it down because this is the only game where the norm is to fail. As someone put that quote out a few years back. So the only way we get up our odds in this exploration because we're Easter egg hunting, we're looking for that magic Easter egg is to use science. And they've been good with that. So that's why now we're up to that. Yeah, and then the whole thing takes off on its own and my job's done at that point. So, but then it's into the diamond drilling phase. That sounds fantastic. Once again, we are here with Sean Ryan, the technical advisor of Leocore Gold. And I wanna thank you for joining us today. Is there anything else that you want to talk to the audience about or you think that the audience should know about Leocore Gold before we say goodbye today? Well, the big thing is to watch this like this door set. The reason why I kind of talked more about the door set because it's more advanced. It was, we had some historical data to work with. So we could fast track that into. So we hit that with a go look at their soil map like on their website and you'll see how intense it is. And like, then you add the arsenic to that and you could see where that big copper normally is across from the old deposit. Yeah, and to me, that's a discovery in the making. There's a mine not too far away, the Anaconda mine that they've been mining up there in the Bay Bird area for the last 25 years. Finding these deposits, and they were finding new ones up to 10 years ago. They've been mining. The first deposit was found in 1908. So that's what's kind of cool about this whole area is it didn't really get a good exploration push on it. And so now we finally did it. We come with modern day tools from when they hit 30 years ago, but it's right in the prime area. So that's for me as a, I'm a prospector but I'm more of a science statistics guy. That's where we expect to find something. And that's what Leocore is well on their way to hitting some good home runs in there. I love the analogy. Thank you for your time today. The technical advisor of Leocore Gold, Sean Ryan. Now 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. In saying that, we believe this is a company that is undervalued, under-appreciated and under-exposed and you should put it on your radar. The symbol in Canada is LECR. Symbol in America is LECRF. And thank you for joining us today, Sean. Thank you. That was fun. Always a pleasure and love to invite you back in the future if you have anything you want to talk about or any breaking news you want to discuss. And for those of you that are watching at home, remember if you're not winning, you're probably not watching. We're bringing the winners and we're bringing them to you first. Have a nice day, everybody. This is your host Rich from Rich TV Live with Sean Ryan, the technical advisor of Leocore Gold saying thank you for watching and have a nice day.