Revolver Resources Limited - An Elephant Copper Deposit - Discovered in Queensland - Australia
Coffee with Samso Episode 142 is all about Revolver Resources Limited (ASX: RRR) discovering what is looking like a giant Copper Deposit in Queensland.
In this episode of Coffee with Samso, we explore a company that is developing a great copper deposit. Revolver has two assets in north western Queensland, Australia that seem to be little know. The company had worked on these projects for 7 years in a private capacity and were listed in 2021.
The company is well funded, cashed up and is in the process of unlocking the value of Dianne and Osprey. The two projects headline the company with both showing enormous potential.
Pat Williams, the managing director of the company speaks to us about the dedication of the company to produce value for shareholders by systematically going through the process of exploration while keeping a tight reign on costs.
The recent discovery of the Green Hill corridor speaks volume of the potential of Dianne. Green Hill prospect is not looking to emulate a size of 3 football fields and the results are indicating that the size could grow further.
Operation on site commenced 1st half of Oct 2021-2022 and continuous in the wet tropics. The work completed include surface mapping, regional surface sampling, an extensive IP program and a 17 hole DD program.
Diane is open in 3 remaining directions.
Osprey is poised to be a Tier 1 project. The company has conducted 3 IP programs & continues building the geophysical signatures. The project is already showing indicators of a halo typical of an IOCG (Iron Oxide Copper Gold) system.
The talented and experienced Board of Management are hands on actively exploring its tenements and pursuing further acquisitions as well as creating additional Shareholder value.
Let's listen to these chapters:
00:00 Start
00:20 Introduction
01:10 The Dog with two Tales.
01:30 Pat Williams Introduction.
04:50 Transition from private company to public listed
07:03 The Dianne Copper Project
14:56 The prospectivity of projects like Diane.
16:50 Dianne project is an underexplored system?
24:11 The Green Hill prospect?
26:43 The other project - Osprey?
34:12 The value of WMC projects.
36:17 The pedigree of Osprey.
40:48 What could hamper your project and how are you countering these issues?
45:21 What are the news flow that investor can expect?
49:14 Why RRR?
50:21 Conclusion
