 Hey guys, how you doing? This is your boy Rich from RichTVLive and you too can join the club at richpicksdaily.com where you can learn how to win and trade. Hi, how you doing today? I'm your host, Rich. You're going to have a RichTVLive with our very special guest, the CEO of Zacapa Resources, Adam Melnick. How you doing today, Adam? Fantastic, Rich. Very excited to be here with you and your viewers. Thank you so much for hosting. My pleasure. Excited to learn more about you and your company. So my first question is, how did you become the CEO of a junior exploration company and how did you get involved in the mining industry? That's a great place to start, Rich. I'm very grateful to have managed to be a part of this industry for over 15 years. I've moved progressively from engineering through to investment banking and corporate roles in this sector. My passion for the industry began while studying engineering at the University of Waterloo and interning at mines and engineering companies across Canada. I did my MBA in finance during the global financial crisis and invested a lot in mining and exploration companies. I just found it a super interesting space to invest in and I also worked underground at Gold Lines to pay for my degree. Following graduation, I worked with Kandak Originuity, a leading mid-tier investment bank that I'm sure many of your viewers know well. I worked with the mining equity research team in Toronto before moving to London with the company, at which point I pivoted into corporate development and strategy with the fifth largest mining company listed in London called Badanto Resources. They have 25 mines and operations all over the world. I was very fortunate to work with the founder and chairman of the company, Anil Agrawal, and his CEO, Tom Malvany, who is the former CEO of Rio Tinto, and his head of M&A, Cynthia Carroll, who is the former CEO of Anglo-American. That really helped cut my teeth in this industry. Following Badanto, I worked with Pembroke Resources on a transaction with capstone mining for the purchase of its Minto copper mine in Yukon, and that helped me establish a really strong network here in Vancouver, at which point I was tapped on the shoulder by the board of Zacapa, and I feel immensely privileged and proud to have the opportunity to lead Zacapa Resources. I'm working with some very interesting, hard-working and adventurous people on highly prospective copper and gold exploration projects all within the Southwest US, so focused in two commodities and a jurisdiction that I know and understand really well. Now, Zacapa Resources is a gold and copper exploration company with projects in Arizona, Nevada, and Idaho. Can you tell us a little bit more about the company? Definitely. Happily, yes. Zacapa is a new copper and gold exploration company. We're just listed on the Toronto Stock Exchange venture, and our ticker is ZACA, as you've got listed on your board there, Rich. And we are based in Vancouver, but all of our projects are in the Southwest US, as I mentioned. The company was actually founded by our executive chairman, Ian Slater, who, along with our technical advisors, originated the six copper and gold projects within our portfolio. These projects include our copper projects of red top pearl and dew drop moon, and our gold projects, South Bullfrog and Miller Mountain. Zacapa's most recent financing was completed last year in support of this initial public offering that we've just completed. We raised $9 million at 50 cents a share, which will support the company's work plan for 2021, 2022 really well. And importantly, almost two thirds of our shares are subject to an escrow agreement, which will see shareholders supported, shareholders in support of our long term strategy. So we really tight float. Our capital structure is very strong and we're working really hard to create some catalysts for investors post listing. Importantly, we have the best people in the business to execute. Zacapa appointed and empowered a new management team, including our vice president of exploration, Dr. Tim McIntyre, last year. Tim has a rich history in the Congo and Zambia with Ivanhoe Mines and Rio Tinto and completed his PhD at Colorado School of Mines, focused on sedimentary copper. And we also appointed a new CFO, Lisa Peterson, and myself as CEO and director in the summer last year. So importantly, Zacapa's projects are being advanced by a highly disciplined and seasoned professional team with successful track records and discovery resource development and mine permitting. We're very happy to have listed here on the Toronto Stack Exchange venture. What differentiates Zacapa from other gold and copper exploration companies in the United States? Very good question, Rich. As a capitalist, from my perspective, Zacapa's property positions are incredibly compelling. We're proximal to major past producing and operating mines and some world class development projects. For example, the company is currently drilling its red top porphyry copper projects that's located within eight kilometers of Rio Tinto and BHP's resolution projects. That is one of the giant porphyries in Arizona that hosts more than a billion tons. Resolution hosts over 1.8 billion tons at 1.3% copper equivalent. It's in the heart of the Laramide copper province that hosts more than 200 billion pounds of copper. And it's assets like this that that we have inside of our portfolio that just make the story so compelling. And importantly, as well as the capitalist corporate culture is a key differentiator that meaningfully separates us from other operators in the US. Our management team has an average age under 40 years old. We all have global cross commodity operating experience. And we have been encouraged and empowered by our board to be entrepreneurial, transparent, collaborative and deliver results, which is really refreshing in an industry that's known for more, more, let's say older management teams. Adam, why was now the ideal time for Zacapa resources to enter the public markets? We're strongly of the view that we're in the midst of a significant copper bull market, perhaps perhaps that a new supercycle. And we believe a $4 per pound copper is here to stay. And there are some important market pundits that agree with us. Goldman Sachs sees copper well over $5 a pound by 2030 as a greater than 25% supply demand deficit widens in large part due to the rapid scaling of the new energy economy, which includes the scaling up of electric vehicles, renewable energy and the associated energy infrastructure, as well via the World Bank and International Energy Agency forecast that the world will need at least 200% more copper by the year 2050 in order to help decarbonize the global economy. So we believe we're in the right space for that for to have exposure to the copper market moving forward with our asset base. And as well, the gold prices is quite stable above $1,800 an ounce. And it has recently been moving upwards as an inflation hedge and will remain a tangible asset that's highly sought after for portfolio diversification as well as as a safe haven from less responsible governments and central banks globally. More recently, we have seen in the markets a bit of a flight to safety and to real assets and a real location into more cyclical sectors like metals and mining, whereas the cap is ideally positioned. So we if I can summarize rich, I believe there's three primary reasons why it's perfect timing for the capital to be going public. Number one, the demand for copper has never been more powerful. And number two, it's really important to start growing awareness of the world class work that our talented exploration team is doing. And thirdly, and finally, it is really important that we continue to attract the best talent, service providers and partners to our team to accelerate our understanding of our highly prospective projects with tier one discovery potential, and ultimately grow this company significantly. Now Zagapa recently raised over $9 million. Can you tell us more about this raise and what the company plans to do with the proceeds? Absolutely. So Zagapa is very happy to have raised $9 million and its most recent financing, which supported our initial public offering and importantly allowed us to continue progressing work at our projects while taking the appropriate steps to to list the company. Importantly, management owns about 25% of that stock. We have an extremely tight float and two thirds of the stock is escrowed for up to three years. So we have approximately 160 shareholders. And they're very long term focused shareholders who have who have been great and supporting the company to date. We have zero warrants outstanding as well. So this creates a perfect opportunity for for some explosive growth after our listing. And our team has not been complacent in waiting to for the company to list before deploying capital at its projects. We have been creating value for our investors by advancing our exploration activities and drilling out our projects and importantly have prepared significant catalysts for shareholders and new investors to ensure that the company is well supported post listing. So from our perspective, the market is primarily interested in drill results. And those are the ultimate validation of great exploration science and application of theory, which is why the capital intends to drill that all of its exploration projects in the coming months. That leads me to my next question. The company is gearing up for several drill programs this summer and fall of 2022. Can you elaborate further on the details of these programs? Absolutely, rich. Yes, the capital has several compelling projects that are to one discovery potential and are permitted for drilling, which is quite important. The company plans to phase its drilling programs to efficiently manage them in a and is effectively initiating a new drill program every quarter at one of its projects so that its team can scale appropriately and manage catalysts for investors that will be delivered consistently throughout the year. So well, we have a drill program underway right now at the red top or free copper project. We expect to be drilling there for the next two quarters. Our south bullfrog epithermal gold project will be drilling throughout the summer. Our Miller Mountain Gold Prospect in Idaho will also be drilling into the fall. I do drop moon, which is another porphyry copper target in Nevada. We will be drilling in Q4 and into the early parts of 2023 and we'll be completing our full investigation of our exploration portfolio with a drill program and our Pearl porphyry copper project in the early 2023. These drill programs importantly will be in excess of 10,000 meters and are expected to generate and greatly expand. It's a Kappa's knowledge of its most prospective properties, Rich. Now, the Kappa and you touched on it is primarily focused on the red top porphyry copper project in Arizona. Why did you choose to acquire it? And what makes this project so exciting? We are very excited about this project, Rich, which is why we've accelerated our drill program here. Red top is located within eight kilometers of Rio Tinto and BHP's resolution copper project, which hosts 1.8 billion tons at 1.3 percent copper equivalent. A lot of value in the ground there and this bond is progressing its way through permitting and into development. Zacapa acquired red top through an option agreement with DMX Royalty Corp. And we're just wearing a great postcode for potential copper discovery. And we were attracted to red top because the property exhibits widespread porphyry style alteration with a locally intense alteration spanning more than three kilometers by almost two kilometers. These intense areas of alteration as well host zones of porophyllite, illite and locally dicite, which are analogous to some of the assemblages we're seeing the mineralization at the resolution deposit. So this alteration and mineralization at red top is interpreted as the upper levels of a moderately tilted porphyry system, which we are now testing with our drill campaign. And Zacapa has recently completed its first drill hole and will have a formal update for the market and assays in due course. But importantly, we've drilled over a kilometer into a large copper bearing magnetic hydrothermal system with porphyry style alteration and banning. And we've learned a lot from this first hole and have observed a transition from magnetite to pyrite to sphalerite and galena into calcropite and even boronite with alteration dominated by quartz and cerocite indicating that we are on the distal lower temperature parts of the hydrothermal system. And that is importantly given us the confidence to drill a second hole, which is now underway. And we'll have updates for the market in due course. Fantastic. I can't wait to see these updates. Now, Zacapa is also focused on the South Bullfrog Gold Project in Nevada. How was this project originated and what is your plan for it this year? I am immensely proud of our team, Rich, our technical advisors that took the initiative to note that no major had stayed directly around Bady, Nevada. Bady is in the heart of the Walker Land trend and is an increasingly important and active and inquisitive region for gold majors. And with Zacapa's support, we seized the opportunity to establish a significant property position. We're contiguous with Anglo Gold, Corvus Gold, Augusta Gold and Core Monning. We're literally in the center of the bull's eye in that region. And importantly, Anglo Gold has just completed its acquisition of Corvus Gold for 570 million Canadian dollars and has been quite public about this whole region becoming a new tier one play that could potentially host over 10 million ounces of gold, which 4 million ounces was acquired from Corvus Gold. And it's a very interesting Anglo Gold's approach here in Bady. They're looking to produce a hub and spoke central keep leech processing facility and they're going to expedite production, which is expected within the next three to four years. That's really great to have our shared border with Anglo Gold and a new central hub for producing gold in Bady, Nevada and have such a significant property position where we do. So Zacapa has completed two soil and sediment, stream sediment sampling programs as well as a mapping program in the past quarter and has completed is currently completing an extensive IP survey, a geophysics survey to get a better understanding of the fault and vein structures that exist on the property, particularly beneath areas of cover where we have some really interesting magnetic anomalies and the company plans to drill this this project and its most compelling targets here later this year. What is Zacapa's long term strategy for 2022 and beyond? And what should investors watch out for? That's a perfect way to close here, Rich. Zacapa's strategy for 2022 is to investigate all of its highly prospective projects with leading technologies and fantastic exploration science and subject to drill results and new interpretation, refinance portfolio and priorities prior prioritize projects for further phases of evaluation in 2023. Fundamentally, Zacapa plans to deliver consistent drill results year round from its highly prospective copper and gold projects in the US when two critical trends are at play. Firstly, major mining companies have strong balance sheets and most are net cash and they are paying significant dividends and are scaling up their corporate development and exploration teams in preparation to return to growth and resource expansion through green fields opportunities and most importantly acquisitions. Secondly, this is at a period in the new super cycle, if we can call it that when copper prices are expected to remain strong and potentially melt up due to the impending copper supply shortage driven by the new energy economy, the scaling up of electric vehicles, renewable energy and energy infrastructure. And I believe Zacapa is extremely well positioned with its projects. It's well capitalized financially and intellectually. It's well guided by its board and is well prepared to deliver on its strategy and create significant value for shareholders. We're going to have investors that are going to be watching this interview and this video from literally all over the world. What would you say to them if they had any questions for you and they wanted to get in contact with the company? What's the best way for them to reach you? Definitely. I would encourage all of your viewers rich to check out our website. Please subscribe for our news alerts and find us on all social media channels and please take the opportunity to reach out to our investor relations team and myself at melmick at zacaparesources.com for additional information. Thank you so much for your time today, Adam. 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. In saying that, I do believe this is a project that is grossly undervalued, underappreciated, underexposed. Put them on your radar, put them on your watch list, zacapa resources. And thank you for joining us today. The CEO and director of zacapa resources, Adam Melnick. Thank you, Adam. Thank you for having us rich. All the best. Always a pleasure. Love to invite you back on the show. If you ever have any big breaking news or anything you want to discuss, we'd love to invite you back and communicate and talk with our community. And thank you guys for watching. We've told you guys before, if you're not winning, you're probably not watching. We bring you the winners and we bring them to you first. If you like the video, smash the like button. Comment down below. Share the video everywhere and subscribe. This is your host Rich from Rich TV Live with the CEO of zacapa resources, Adam Melnick, saying have a nice day. We'll see you soon.