Homestake Mine

And to look through that window, a physicist named Raymond Davis Jr. built a massive detector in the 1960s.

He went deep underground into the Homestake gold mine in South Dakota.

Using the miles of rock overhead to shield his experiment from cosmic rays and background radiation.

Right.

As you pointed out, we're in a historic district.

We're in the Homestake District, and of course it was a, one of the United States' premier gold mining, uh, producing districts, certainly over the last 125 years.

The Homestake mine itself produced over 40 million ounces, and of course adjacent to it you have the Wharf mine operated by Core, and it's produced over 4 million ounces.

So we're targeting Richmond Hill as that next mine in the Homestake District, and it's exciting to be able to do it at this time of record, uh, high gold prices because it allows us to be able to attract the talent and be able to, you know, certainly with the strong balance sheet we have, be able to get capital equipment ordered ahead of time and get ourselves well-positioned to target our production in 2029.

And a lot of the steps that you need to take to achieve that, um, will take place during this administration.

You got a pre-feasibility study due before the end of this year.

Yes, that's why we have the strong balance sheet, which has allowed us to bring in Jack Henris, who's our, uh, President and CEO now, uh, and the team that he's putting together.

These are all mining individuals.

[laughs]

... um, maybe, maybe Lead, Deadwood, uh, for the Homestake Mine would be with, uh, with the trophy being named after the Homestake, so.

Certainly a good guess there.

South Dakota Mines head football coach Charlie Flor, our guest.

No, so I've been in the industry for about 40 years.

I started in uranium, ended up in the gold industry with Homestake, which was, you know, preeminent North American mining company of its day.

Homestake at some point transferred me down to Chile, where I was fortunate enough to join a company by the name of FMC Corporation, which ultimately became Meridian Gold.

So we were very successful in Chile with the discovery and development of the El Peñon mine.

So really in my career, it's been working with groups that have very high qualified professionals, very high quality assets.

So you must have done that with a bunch of data sitting behind it.

So where did that come from?

Well, Dobie George was discovered in the 80s by Homestake Mining.