Interview with Graeme O’Neill, Bayhorse CEO
The opportunity to interview Bayhorse (BHS.V) CEO, Graeme O’Neill popped up. Yes, I just wrote about BHS, but chatting with the man himself was irresistible.
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It begins…Cartier Resources reports first two holes of 600 hole program
Cartier Resources (ECR.V) released the results of the first two holes of its planned 600-hole, 100,000-meter drilling program at its Cadillac project in Quebec. The results were good, with a headline grade of “16.7 g/t Au over 2.1 m”. Just as CEO Philippe Cloutier very much expected them to be. With gold at $3700 an ounce, the market is paying attention.
Eloro: Lining Up the PEA in Bolivia
It is always a pleasure to speak with Tom Larsen, CEO of Eloro Resources (ELO.T). Even if it means reading a long and very technical press release. A release which, boiled down to essentials said that the company drilled five definition holes at its Iska Iska property in Bolivia and hit higher grade tin or silver or both mineralization in every one of them. And there are more holes to report.
When a Plan Comes Together
I spoke to Cartier Resources (ECR.V) CEO Philippe Cloutier in early December of 2024. He had big plans for the Cadillac Project which included the Chimo mine and 15 kilometers of recently acquired and ground running along the Larder Lake/Cadillac fault in East Val D‘Or. How big were the plans? 500 diamond drill holes Big and aimed at testing ten target zones. Cloutier saw the project as a full-on emerging gold mining camp. All he needed was 10 million dollars.
Eloro: Entering the Tin Domain at Iska Iska
Iska Iska is on its way to becoming a world class large scale Silver/Tin open pit operation, a first of its kind discovered in recent times.
Speaking with Tom Larsen, CEO of Eloro Resources, (ELO.T) is always a pleasure. Larsen is delighted with the tin holes ELO reported in press releases on January 23 and February 20, 2025, with more to come. These releases reported high grade tin mineralization in Eloro’s tin domain at its Iska Iska project in Bolivia.
Cartier Resources: Going Big in 2025
Philippe Cloutier, CEO of Cartier Resources (ECR.V) was already sitting on an indicated and inferred gold resource of just under 3 million ounces at and near the Chimo mine in Quebec. But he was pretty certain the geology surrounding the former past producing mine property is part of a gold trend along the prolific Larder Lake – Cadillac Fault Zone. Cartier acquired land adjacent to the Chimo Mine property in 2022, identified over 50 Potential Gold Intersections Over 15 Favorable Kilometers based on historical drilling over the previous 60 years by over a dozen operators and has been drilling for the last year.
A Ramp: Eloro fast forwards Iska Iska
Iska Iska, Eloro’s (ELO.T) massive silver/lead/zinc/tin discovery in Bolivia is heading towards a PEA for its starter pit. 35,000 tons a day of high-grade silver with a significant zinc component. With a little more definition drilling there should be a tin component as well. Speaking with Tom Larsen, Eloro’s CEO, it’s very clear that the PEA is well in hand.
Bayhorse Silver: Riding the VTEM Rocket
Not quite a rocket, yet, but a year ago Bayhorse Silver (BHS.V) was very close to the end. While it had a silver mine, a mill and an ore sorter, it did not have a final permit which would allow it to actually operate its mine. In some jurisdictions, this would not have been a show stopper and the permit would arrive in short order. But the Bayhorse mine is in Oregon, a state where mining is politically unwelcome. The permit was going to take a while.
Eloro: Bulk Sampling for Bulk Mining…and a New, Huge, Target
The metallurgical drill holes used at Iska Iska are larger diameter than the regular diamond drill exploration holes. For Eloro (ELO.T) and its CEO, Tom Larsen, this makes all the difference. “The more the better,” said Larsen in a telephone interview. “The Iska Iska minerals are mainly disseminated in stockworks and veinlets. A bulk sample is much more representative of the grades you will encounter when you mine the deposit.”
Eloro: Infill Drilling, Bulk Samples and Silver/Zinc/Tin at Iska Iska in Bolivia
Eloro (ELO.T) CEO, Tom Larsen, has a huge job: he has to explain the geology and commercial potential of the Iska Iska project in Bolivia. An interview with Larsen needs to cover a lot of ground beginning with the market reaction to the company’s most recent news release.