 Hi I'm Chris Thompson for Investor Intel and we're back at PDAC 2023 with an interesting company called Geophysics Jamaica and I'm here with Bobby Stewart and Mike Thompson and it's an interesting private company but you know we like to bring things early here to Investor Intel and Geophysics Jamaica as the name would have it would be looking at exploration projects in Jamaica maybe Bobby you can go and talk a little bit about that. Sure so we started five years ago with a full-scale regional program across the country and we did about 40,000 assays all from labs in Canada certified labs and during that campaign of mapping the geochemical maker for the island we discovered some anomalous areas that we've set down licenses on so we currently have about 4,000 square kilometers of license in the island but along the way a couple of years ago we found a big anomaly but a hundred square kilometers for rare earths which we didn't expect and that has become the discovery we announced a week or two ago and it's about 50 million tons it's about 42 percent heavies and the rest is lights and it's got some great potential that Mike will talk about. I mean the discovery is a classic exploration discovery mineral exploration discovery Bobby covered the entire island with a very detailed surface geochemical soil survey from the results of that information these anomalies have emerged he has some copper-gold anomalies in certain parts of the island but what is most interesting at this point for us is that a very large very consistent rare earth element anomaly emerged in the southwestern corner of the island it covered a hundred square kilometers now that is a significant anomaly in exploration if you have a couple square kilometers of anomalous gold or copper or rare earths that's that's not bad a hundred square kilometers is amazing so Bobby followed up and did exactly what needs to be done in the next stage of exploration he brought his drill rig to bear he drilled out this anomaly with 44 different holes so far 44 holes 44 holes and it defined what we have now in the subsurface and now this is near subsurface from surface down to let's say 20 meters or so and what we have found what we've discovered in that drilling program is very consistent very uniform very laterally extensive and vertically uniform rare earth element mineralization it's it's really amazing now the timing of this discovery is excellent because as you probably are aware Chris rare earth elements around the world right now are taking center stage every government wants secure supplies of rare earth especially I'm from the US especially the United States government so the fact that we've made a new rare earth discovery and again it was announced only 10 days ago the industry is was really not aware of it prior to 10 days ago a significant discovery it's not a small one if this thing is going to be large when we fully define the extent of it but it's on the doorstep of the US and that's very important and a lot of different both US government agencies and US companies are now taking note of what we have and they're watching us very closely now Jamaica is known for vacation land but it has a mining industry from before I know from you have bought at least box site so there are it's not a not anomalous to have minerals in Jamaica how deep did you drill originally for this deposit well so it's funny because I did 30 years in hotels beforehand and box site has probably been around 50 or 60 years at least and it's definitely been an earner for the island the hard rock minerals there was a lot of small-scale mining before 1849 and then everybody in the island left for California so it died and never came back so that's what we're trying to revive the drilling that we did in the area of the discovery really and truly we were just testing to see what the extent was and how deep it was and whether it was truly uniform the material because the surface samples can be misleading so we wanted to validate that and and so far it's done really good we are going to be bringing in this year a sonic drill so that we can go a lot deep in some of the areas not all the holes hit the basement but of the holes that hit the basement we have an average depth of just under 20 meters yeah so and it's very important I think to make the point that Jamaica has a real long history of box site mining yeah 70 years good regulations the the understanding of the mining industry is also very good the deposit that we've discovered of rare earths it's in a similar geologic profile horizon rock type it's in a surficial what we call boxidic laterite so it's the surface material that's mineralized right on the surface that's very very similar to the box site mines that have been operation for many many years throughout Jamaica so the the characteristics of this ore are very well known and we can utilize that information as we develop a plan to advance our project and the skill sets for mining it exactly very good point buddy very good what sort of rare earths did you find in this drill results do you have like the details we do absolutely I mean we we assay every meter of our drill holes and for a full set of 63 element geochemistry so we know everything about them the suite of rare earth elements that we have found obviously include neodymium and praise the odymium but also dysprosium and terbium it's actually slightly enriched in dysprosium terbium which is good approximately 40% of the total rare earth component of our discovery is what are called heavies now the heavy rare earths are those most important most critical and most valuable of the full suite of 15 elements that comprise the rare earths suite and this is important because agents government agencies companies everybody around the world scrambling for sources of these critical minerals of these especially the heavies and there's not a lot of sources around the world that are that are emerging that are new there's a number of old projects out there that people are looking at and trying to develop but our new project is you know we're putting Jamaica on the map the project is new and different and unique this style of mineralization really isn't found anywhere else in the world this project is unique and the fact that it's on the doorstep of the US a lot of companies are really beginning to pay attention to us and we're quite excited about that well I've been here for two days in every session I've been to have talked about critical minerals or critical metals metals and so it's it's coming to the forefront itself for this year what are you planning to do to I know you're a private company so you don't have to entertain investors but what are you what are you going to do to advance the project we're going to make more announcements so I also view copper as being becoming even more critical okay and we just started drilling on Friday at a copper gold porphyry that we also discovered and it's about a two kilometer by two kilometer a lithic cap we've flown some mobile empty over it we've just gotten to about 30 meters so far but we were into the good rock we have about 23% copper and up to 32 grams of gold so that announcement is not far away we didn't get some more assays yeah and so again Bobby's regional island wide geochemical program these things are emerging that they weren't known before a rare discovery has emerged from that data set and now some copper and gold very interesting looking projects I you know I'm an old-time copper gold guy and I've been working on projects around the world some of those targets that are merging are very interesting but more projects behind that yeah oh there's there's more so but the rare earth project really is a bona fide discovery for us right now a company to watch this year then it's gonna be geophysics Jamaica and so hopefully our investor in tells and people will be at the forefront of that having fun in Jamaica yeah having fun in Jamaica thanks for your time today thank you very good thank you Chris