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Nuvau Minerals – New Listing – Matagami Project: Copper & Zinc, 60 Years Of Production, Plans To Restart Operations and Exploration

Cory
December 17, 2024

Peter Van Alphen, President and CEO of Nuvau Minerals (TSX.V:NMC) joins me to introduce this Company that just started trading today on the TSX Venture. 

 

Nouveau Minerals is earning-in to be the 100% owner of the critical minerals project, the Metagami Project, located in the Abitibi region of central Quebec. This project has a history of 60 years of production and significant existing infrastructure, having been an old Glencore asset acquired through the Xtrada acquisition. 

 

We discuss the detailed plan for Nuvau Minerals to attain 100% ownership of the Metagami asset through staged payments and work programs, aiming for completion by March 2025. Peter highlights the strategic importance of the Metagami Lake mill, which is crucial for the company’s operations and the lack of other processing facilities in the region. We also cover the exploration activities undertaken over the past two years and the defined resources, including new discoveries. Additionally, I have Peter provide an overview of the experienced team behind Nuvau Minerals, featuring industry veterans from FNX, Lakeshore Gold, and Premier Gold. We wrap up with a general outline of upcoming catalysts and news-flow, including exploration updates, operational restart plans, and finalizing agreements with Glencore.

 

Please email me with any follow up questions for Peter. My email address is Fleck@kereport.com.

 

Click here to visit the Nuvau Minerals website.