 How are you doing? I'm your host Rich here. We have RichTV Live with our very special guest, the CEO of Longcore Gold, John Barker. How are you doing today, John? Rich, I am wonderful. Thanks very much and a pleasure to talk to you. Pleasure having you on the show. Very excited to learn more about your company and introduce it to our community of investors from all over the world and have a few questions for you. First one, John, can you tell us a little bit about yourself and how you got involved with Longcore Gold Inc.? Yeah, well, quite a while back I was a mining analyst based out of the UK and I did that for a number of years, ended up as an MD at the World Bank of Canada and went down specialized in African stocks but also the diamond sector and other things and then sort of had enough of the banking world to move back out at a high level to a couple of Canadian listed companies, Southern Europe and both of those were taken out. So I see many juniors come and go from that point of view and I suppose during that time I bumped into Arnie Condrat who's the previous CEO of Longcore Gold and the major shareholder. So I've known Arnie for many years and it was about just under two years ago he approached me and said, would I like to join the team? So I said, sure, let's see if it works out. So I joined them and then lo and behold, about 14 months later, he offered me the position of CEO and he moved to become Executive Chairman and that's how I find myself where I am today and looking forward to the next couple of years, exciting time. Absolutely, we really believe here at Rich TV Live that Gold is undervalued, underappreciated, underexposed at these levels right now that there's so much opportunity right now for junior miners. So what makes Longcore Gold a standout in the highly competitive junior gold mining space? Well, I suppose the top line is we've got 4.6 million ounces of resources that we control. That's, I mean, if you look at the current gold price, it's around $8 billion. But it's one project now, if I was to say, name what's the future of the company, it's the project called a Dumbie. That's 3.2 million ounces of resources around $6 billion sitting in the ground and we've just got just under 85% of it. It's grown really rapidly and that's one of the reasons that you haven't heard because it's called many observers and analysts off guard, especially I suppose as COVID has kept them at home and they don't yet realize the potential it's aggressively growing. We believe it can keep growing its ounces but that's only half the story. The ounces are just half the story. It's the grade. I mean, in other words, the revenue per ton that you're going to get out. It's around double the peer group in West and East Africa where we're operating. So that's what really makes it outstanding. It's that combination. And taking it further, at a Dumbie, if you imagine we've got $6 billion sitting there in the ground, you've still got to do a lot to it obviously. But if you assume, let's say 50% operating margins to such a quality project, then you've got around $3 billion of value. If you assume geological and metallurgical losses, let's say 20%, I'm just pulling figures out here. And you're still looking around $2.5 billion. It's not going to be mine for a number of years. Let's say four or five years. You must apply a discount on the cash flow, et cetera. But our current market cap versus a figure like that is $80 million for our 85% holding. So you can see a huge disjoint in what we believe is the underlying value of this project in our current market cap with hopefully many more ounces to be found at depths below the pit. Wow. That's extremely impressive. A baby market cap with literally billions of dollars of ounces of gold. That's impressive. Now, with what appears to be a developing world-class deposit emerging, which you've discussed, what gives you confidence you can make it happen in the area of the DRC that you operate? Yeah. Well, I suppose a number of things. But I'm just going to pick three things. Looking at the DRC itself, it's becoming a real focus for big companies already. There's various Chinese companies operating. Ivanhurm mining is a very successful lag, Glencore, et cetera, as they realize the potential of sitting in the DRC. And in fact, BHP is the most recent major to suggest they're starting to look in the DRC. So that's the one thing is the DRC is really emerging and it's a wonderful place for geologists and companies to get involved. The second thing that gives us confidence is that 130 miles away, which isn't far in the DRC because it's a big country, and 130 miles away from our Dumbie project, Barrick manages the Kibali gold mine. And it's not just any mine, but it's Africa's largest gold miner. And it's mine there since 2013. So within relative close proximity, they've been there and they've developed this world-class project similar grades in the pit at Barrick's mine to what we're finding at a Dumbie, which is great for us. And it's a real star performer for Barrick year after year. So they've proved what can be achieved around us. But the final thing, and I think perhaps the real catalyst for releasing the value that I'm trying to intimate here is that we have an ongoing scoping study or PEA as we call it, it's been conducted on a Dumbie, just the open pit ounces, just over three million ounces. The valuation is out in only two months time, the second week in December, we're expecting it. And that will increase certainty. Plus, it'll likely increase the interest from press of people like yourself. And I think importantly, investors and corporates alike. So it should be a very, very exciting few months coming as we look to unlock this value. Wow, this is extremely impressive, John. Can you tell us about the management at Longcore Gold, especially their past success in the mining sector? We love to know the people behind the deals. Sure. Well, look, if you want detail, of course, we have our website, www.longcore.com. You can get further detail, but just a brief summary. I mentioned Arnie Condrat, somebody I've known for a long time. He's now the executive chairman and he holds 22% of the shares. He put the company together, but he's actually operated in the DRC for almost three decades. And so he's invaluable with his in-country experience. So as I mentioned, he put the portfolio together about 13 years ago. Another person I mentioned is our president, Peter Cowley. And he's held top geological posts in multinational gold miners, such as Anglo-Gold Ashanti. And he's found over 30 million ounces in the type of geological terrain that we're operating within. And I suppose I'm just touching on myself a little further. I've mentioned I've kicked the tires on many projects in Africa and elsewhere in the world, while also getting involved in M&A and listing and equity raisings, etc. So I think as a team, for a small team and a small company, we have a heck of a lot of experience, which puts us in great status. We're developing and looking to choose the right decisions to release value for our shareholders going forward. Fantastic. Now, can you tell us a little bit about what investors have to look forward to for the rest of 2021 as we come to an end into 2022? And what some of the goals are that you guys have set for Longcore Gold for 2022? Yeah, I suppose a dominant factor is that scoping study in early December 2021. If it comes out with the sort of valuations that I like to think, then we really will be many multiples of our market cap. So that should be transformational. In many ways, it swamps the significance of many of the other wonderful initiatives in pure valuation terms. But looking at other things, we believe we can push the ounces at the high grade at Dumbi, both perhaps in the pit, where we have 3.2 million ounces, but also underground. We've drilled down to around 600 meters and we hope in the next six months, we're going to put all that data together and get more ounces. And we target in excess of five million, or sorry, towards five million ounces at a Dumbi and a couple of satellite deposits there. That puts us into tier one category. And when I say tier one, it's something Barrick throws out there, five million ounces plus. But remember the grade, the exceptional high grade that we're talking about versus our peer group there. So the economics should look really good as we drill out. But ounces is the other thing. And then also we've been drilling close to surface and we hope to put our resources into the next classification. We currently have inferred resources and we hope that half of those, over a million ounces, we've been put into indicated, which again just helps with the how people feel about your project. And then looking into 2022, we've got numerous outstanding targets. One in particular, Machuipala is high grade and a lot of visible gold. It already has 1.1 million ounces. It's even higher grades than Dumbi. You perhaps might put a few holes in there. And Samaria is close to a Dumbi we'd like to drill. So we have no shortage of targets, but we're focusing on Dumbi for the time being to release significant value. And then obviously these we can look at in 2022. One of the things that you said that really caught my attention, you guys have the potential to be put in tier one. Yet you guys are still an 80 million market cap company. So a baby market cap with the potential to be a tier one gold miner. That is what we look for here on Rich to be live companies that are undervalued, underappreciated, underexposed that have explosive growth potential. So this is exciting for me, John. Now we love to understand the fundamentals of a company here. Can you go through the capital structure of Longcore Gold for our viewers and how you plan on attracting more institutional investment alongside more retail investors? Yeah, well I suppose top line, 133 million shares outstanding and key management including myself hold shares. I bought some a month or so ago when we got down below 70 cents. Major holder of 22% is our executive chairman, the Chairman Ani Kondrat. Then we have Resolute Gold out of Australia. They operate gold mines in West Africa. They hold 24% and then Newmont have been there since the early days of the company. They're holding 5%. So we've got some significant holders there. Primary listing is TSX on the OTC and Frankfurt as well. So those are the key elements there. Institutional and retail, it's a very interesting market. We've raised equity twice in the last nine months or so. We've been oversubscribed each time, but we've done it ourselves, sort of in-house with a few friends and family and old colleagues helping out. We really haven't been supported by brokers even though you can tell the stories are pretty straightforward one and very close to really coming to fruition. So I think we need to get brokers on board to help us with the institutional side. Ironically, a number of brokers have phoned me and said, what are you up to, John? Because I'm hearing from my institutional investors that you've got a good story. So slowly we're getting traction there and we're going to continue. Obviously, a headline saying we've got a project of X million dollars after the scoping study, that too will get attention. So I think we're going to really hit headlines which will get the institutional investors. Ideally, if it was me, I'd like to get in before the PA in scoping study, but sometimes maybe they're waiting for the scoping study, but I'm sure that'll bring in both institutional and retail. And then the other thing is I'm very active talking. I spoke at a conference the other day in Beijing and speaking in London coming up. I spoke with another one in the U.S. to a bunch of journalists a couple of days ago. So I'm going to continue to crank up the story if we can't get supported by other people such as brokers, we have to do it ourselves. So I'm going to actively be doing and of course anything on your side, Rich, is much appreciated as well. It all really just what we need to get the story out there because I think it's a compelling story myself. Absolutely. We're going to do our best to tell your story. We love identifying early-stage companies that have an opportunity to explode and you guys seem to fit the bill perfectly. Now, if there was one thing you would want people to know about Long Core Goal today, what would that be? Well, I think you can probably guess it. It appears our inherent valuation at a DUMBY is huge versus our market cap of $80 million. That's what we want people to understand. And don't necessarily have to believe what I'm saying. We've got a 43-101 from a resource upgrade earlier in the year. There's some basic figures in there. You can use those and you can scribble down on a piece of paper, five or six lines and you'll get to the significant valuations. So the figures are out there. It's not just me putting them, just telling me a company line as it were, but of course the upcoming PEA in December 2021 will really confirm that inherent valuation. But as I said before, this is only the start of our discovery with many more answers to come. We should add to our valuation and obviously hope we could add to our whole momentum. What is the best way for investors to get in touch with the company if they have any questions? Yeah, I suppose there's two ways. Firstly, you can join our news flow by our website. That's just for the news flow so you can at least get some of the news coming out on our PEA and drill holes. We've got some drill holes coming up soon, which should be good. And that's one thing I would certainly recommend for some of your investors. And then you can contact us through various social media channels, the obvious routes that you're very aware of. And you can check our website for that conduit as well. Fantastic. 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 company that is grossly undervalued, underappreciated, underexposed. A small cap baby market cap junior gold miner with an 80 million market cap with the potential to be a tier one gold miner. I love it. Thank you so much for your time today, the CEO of Longcore Gold, John Barker. Rich, it's a pleasure. Thank you. Thank you very much. Love to invite you back anytime you have any big breaking news or anything you want to discuss. We'd love to have our community heavily involved in the Longcore Gold story as you guys move forward with your business plan. Thank you for your time today. And for those of you guys that are watching, if you're not winning, you're probably not watching, we bring in the winners and we bring them to you first. Thank you for watching, everybody, and have a nice day.