 Hi, how are you doing today? This is Rich from We Have a Rich TV Live with our very special guest. It is Daryl Rader, the CEO and President of Minerum Gold. How are you doing today, Daryl? Fine. Thanks for having me on the show, Rich. Thank you for being here. I'm very excited to speak with you today and learn a little bit more about your company. Can you give us in our audience a brief overview of Minerum and its founders? Yeah. So we found them a norm about 10 years ago. We had a number of the same individuals that put together MagSilver, which is an advanced silver developer in Mexico, who has discovered over 200 million ounces. And they wanted to do in the gold space what they had done in the silver space, which is find new discoveries. And so we put a team together. We brought Peter McGaw for MagSilver fame over. We brought David Jones, who is sort of known as Mr. Guerrero Gold Belt, co-founder of Torex Gold, the discoverer of Los Felos, which is a 15, 16 million ounce gold. It's a deposit. It's the largest producer for Equinox Gold in Mexico. And then we put the team together with the objective to basically find new district scale gold and silver projects in Mexico. And so what we're looking for is on the gold side, we'd like to see at least two to three million ounce potential on the silver side, at least 100 million ounce potential. And the objective here is to just find one of these deposits, advance it through its various different levels of exploration, through to some point where we either monetize it or bring in a bigger partner to put it into production. Great. Can you tell us about your flagship Alamos Silver project and the recently commenced phase two drilling program? Yeah. So a couple of years ago, back in 2015, 2016, we were looking for some new assets right at the bottom of the depressed market. And our initial focus had been on gold and we have a number of gold projects still. But the Alamos project really represented a virgin silver district that had seen a tremendous amount of historical production but had never seen modern exploration. So this was a district that had produced over 200 million ounces of silver out of just three mines on two veins. We went in with our view of finding new things and we basically ignored the historical camp and focused on finding new veins that had never seen historical production. One of the things was the reason this project was actually available back then was it took almost about five years and two million dollars US to consolidate for the first time. This project until about 2012 looked like a jigsaw puzzle and it had been such since the time of the Mexican Revolution when production had stopped and it took a family out of Hermosillo all these years to put the project together. Funny enough at the same time they were doing that they put together the Santa Elena project which became Silver Crest number one was ultimately bought out by First Majestic. And this family is still very active on the ground for us. They're doing our community relations, permitting, they're actually doing our drilling activities. They're doing all the same things for Silver Crest number two at Les Chispas. So it really represented coming into a new district being the first group that can actually do exploration over the entire district. And what we did is we spent two and a half years, we drilled 19,000 meters proving that this was a big district. We discovered over 26 new veins outside of the three historical ones. None of these other veins had seen historical production. And we basically drilled off probably five or six individual new discoveries. Then we took a break and said okay now let's plan to go in with our second phase which we started on July 15th of this year and start quantifying what we discovered in phase one. Basically blocking out how much mineralization there is or there will be in our major discoveries we made in phase one. The other thing to note is between our two phases we came into a collection of historic data that basically showed that the three historic mines actually ended in mineralization had seen some drilling between 1960 and 1980 that indicated that the historical mines ended in mineralization and continued the deepest hole I think drilled was about 100 meters below the lowest level of the mine and was still in mineralization. So what we did is we started up our phase two. We put one rig on a new discovery we made that was called the Europa Guadalupe at several kilometers west of the historical veins. In our first phase we drilled a virgin target there hit eight meters of 1700 grams silver about 2300 grams silver equivalent per ton over eight meters. So we have one rig drilling there right now and then we have one rig at what we call our Promontorio vein it was a historical 70 million ounce producer we're drilling below that as we speak. The other thing just to note is what differentiates us from a lot of other silver plays is our veins are wide you know we're talking about our new discovery being eight meters wide Promontorio exceed a 20 meters in mine width so these things are big rich wide systems that you know we're producing over a kilo per ton silver over those 20 meters. Wow that's impressive. When can investors expect results from the current drill program at Alamos? So what we're going to be doing with our drill results is we're basically putting them into sort of two camps. One is going to be focused on your Europa Guadalupe brand new discovery that we're drilling off the other news flow is going to come from Promontorio where we're drilling off the left behind mineralization and we're not drilling sort of what we call the remnants but it's the new stuff that's never been mined at depth and so those news releases we expect to get two out probably in mid to late September of this year. Okay right around the corner. Now besides Alamos you have a portfolio of district scale projects. Could you tell us about any of your other projects that you are particularly excited about? Yeah back in 2015 and 16 you know it was sort of the bottom of the bear market. We were looking besides Alamos we're also looking at distressed opportunities and one of them that came along was a project called the Tevecha project it's seen over eight million dollars worth of drilling actually has a starter silver resource on it but it's a silver district located directly adjacent to Fortuna Silver San Jose mine that's a multi-million ounce silver mine it's doing I believe about four million ounces per year and we have the entire silver district directly to the east of it there's been a lot of drill results there's a lot of these sort of 200 250 gram over 30 to 35 meter wide intercept so it's high grade it's wide that's an area we're going to be doing some work on this year we're also going to be doing a fair bit of work on our Santa Marta high grade gold copper VMS where we basically control an entire VMS district this is a district where we've had independent consultants such as Jim Franklin come down he's sort of the grandfather of or the godfather I should say of VMS districts he came down said this is the best-looking undrilled VMS he's seen in his 50-year career also some of your viewers may know individuals such as David Lowell of Copper Porphy fame founder of Equinox Gold he came down and in a subsequent Sprott conference here in Vancouver he said that this was a a project that he believes there's a 50% chance of hosting a major mine we're drill permitting it as we speak once we get those we will mobilize rigs and start drilling that project but ultimately 90% of our time and money is focused on the Alamos project now Minerum has attracted a strong shareholder base can you tell us a bit about who is betting on you right now yeah so in the middle of the bear market we ended up transitioning our shareholder base over to Europe looking for longer-term investors and we've typically found that European investors were talking private equity funds generalist investors family offices investors like that they knew our track record of discoveries they know that you know our teams discovered over 300 million ounces of silver and over 16 million ounces of gold in Mexico and they wanted to see basically bet on the jockey for Minorum so we brought them in and they've been basically foundational shareholders ever since about a year ago we decided it's time to come back to North America and start diversifying our shareholder base again so we've since then we brought in groups like the SIL Jage and your silver producers ETF that's listed in the New York stock exchange we brought in of course Mr. Silver Eric Sprott Sprott acid management out of Toronto Sprott USA Rick rules group is in our stock and then we've also picked up analysts coverage from Michael Gray out of a gentist capital so that's basically where we sit today where we're going with that is we would like to ultimately in the next two to three years get a mainboard US listing go to the sort of the junior level of the New York stock exchange just to attract that more that many more eyeballs to the story I think that's a great idea that's only going to bring in more shareholders and more investing now what is the best way for investors to get in touch with you Darrell best way is please visit our website at manoram.com you can click there to follow us on Twitter and LinkedIn we also have a great YouTube channel that has interviews not just on manoram but also on with industry professionals such as Brent Cook, Joe Mazumdar, Adrian Day, Byron King that discuss economics and sort of larger bigger picture mining issues you can find that at at manoram gold on YouTube and please if you have any emails say you like to contact us subscribe to our email list you can reach us at info at manoram.com oh this is so great thank you so much for your time today this is the CEO and president of manoram gold Darrell Rader with Rich from RichTVLive thank you guys for watching