A new interview and article out this morning with Thesis Gold CEO Ewan Webster joining JuniorResourceInvesting founder Marthew Mickleborough to discuss the recent proposed merger with Benchmark Metals ($bnch). The companies have upcoming plans for a three rig, 50,000 metre drill campaign, which will lead to an updated Mineral Resource Estimation (MRE) and Preliminary Economic Assessment (PEA). All of the drilling that has been conducted to date by Thesis and the drilling that will occur this summer will be combined with Benchmark’s Lawyers project MRE and PEA, which currently sits at ~3.6 Moz AuEq.
In posting the interview, Mr. Mickleborough writes, “Both companies have sold off since the announcement of the proposed merger and I think the market wants to see clarity of vision from the new proposed amalgamated company. I just don’t see how the two are worse off with the merger – lots of synergies and opportunities for improved economics. I think with the post-announcement deflated sentiment and share price right now this is a great example of a contrarian pick in a struggling junior sector. Lots of catalysts over the next 12 months.”
To watch the video, please click HERE.
To read the article, please click HERE.