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  This is the Investing News Network. I'm Georgia Williams and we're here at day two of the PDAC conference in Toronto. Joining me today is Matt Lewis, CEO and director of Steright Critical Minerals. Thanks for joining me today, Matt. >> Georgia, thanks for having me. >> How has the conference been so far? >> Been pretty good. just seen a lot of old friends. I've made a lot of uh new friends and uh I think it's going really well seeing a lot of uh a lot of retail

which is great. >> Uh normally I've in shows in the past you see a lot of a lot of service providers not a lot of people who are here to to look at uh look at the rocks and consider different companies but right now I'd say uh they're here which is great. >> Yeah, that's really exciting. >> Yeah. >> Um I thought we could start with your ticker symbol and what exchanges you trade on. We are our ticker symbol is is Sam Charlie Mama SM and we trade on the on the CSSE.

>> Perfect. Yeah. Um Stray Critical Metals has a unique focus. Can you tell us about the company and its assets? >> And it's >> it's assets. >> Assets. Okay. Well, our focus is we we call it our northstar. Our northstar is that we are a a a we pure a pure a pure play uh asset and in that we're a Moroccan play and what we try to do is we get the best assets and move them forward as fast as possible >> and and and you wanted to you wanted to hear about should I tell you now about

about what we're we're doing? >> Yeah. So like you have the Titan Beach project. We have four assets. Okay. And and what the what's really kind of special about our company is of the four assets, >> two of them have licenses and two of them are really close. What that means is we could we could be taking money, I'll call it money, off the properties off all four by as early as June or July. >> Wow. >> Okay. And we're also into we also have a lot more acquisitions to make.

>> Right. >> Moving really fast, Georgia. >> Yeah. I know it's exciting time. Um, and you recently submitted a technical report for the Titan Beach one. How's it going? >> Um, Titan Beach is going well. Uh, I've seen the governor twice, a a great gentleman. Um, we're waiting for a a license for for there. We we're actually waiting on metallurgy and we're going to go back to the sands and do do more testing. I mean, it's a massive area. We have 192 square kilometers and uh that

means there's a there's a lot to look at and and sands are different though. Yeah, >> different people don't really consider it. Sands are different than uh your normal you don't drill in a sand, right? You have to actually like imagine you have to go down say six meters and you have to find what's exactly down there which is a bit of a a trial because you don't want the sand to when you go down the sand can fall into it. So there's a lot of it's it's it's tricky but we're

doing a lot of work there. Yeah. And so working in Morocco, did you have to look for a different type of expertise, you know, dealing with the sand and these types of resources? >> We hadn't dealt with it, but I will say there's a lot of it's sort of exotic uh in Canada. Like I when I when I first started talking about it in in uh May and June, I was telling some really smart brokers about SANS and and they had no idea. But what I'll say is on the ASX in Australia, no big deal. There are

a lot of big sand companies and they get it. So, the expertise is there. And what I will say is Moroccans have a lot of expertise. Very smart, some very smart pros in in in the country and we're we're we we're well serviced. >> Yeah. And I've really noticed a lot of news coming out of Morocco over the last year or two. You know, their resource sector is really stepping up. >> Well, what I'll say is is uh I I heard an interview that Benuel did and he of course is the the head of a gold and

silver. He is the first mover. I'm I'm right. Hopefully, I like to say I'm I'm the second mover behind Benois and he has done what he said in this interview that I heard. He said it was one of the best places in the world he's ever been. He's been all over and it's kind of like a I think I think the it's no longer a secret. People are realizing how how darn great it is. It is they've got a great mining law that they put in place in 2016 and they're open for business

and they have the pros. Um and it is a great place to be. I love it. Absolutely. Uh the company also recently signed a letter of intent to acquire to acquire up to 60% of Silverline Mining. What does the deal mean for your company? >> What I'll say is this. Um there's I'm not allowed to I'm not allowed to publish what I know because it isn't publishable. But what I'll say is I couldn't be more excited about it. And right now um there it it needs to be dewatered. There's water in there for a

reason. So people can't go down and and go down there, right? But we need to do water. It'll take a couple days. We need to go to go down there and we need to to go down say about maybe 10 to 12 meters, get some sampling, come back. We can do the sampling very quick in Marrakesh and then I'd if it comes out like I think it will, I want I want to buy it. >> That's exciting. >> So I I say I'm very excited. You can what happened was it is it's sort of beside the the Atlas Mountains so it was

very tough to get in a lot of snow this winter and then then there was the deatering and it was like it was a hassle but I can't I I hope to be in there like in the next week or two. >> Wow. >> We are we are dying to get in there. Everyone loves silver. >> Yeah. >> Yeah. And silver is doing really well this year. >> I know. I know. I think I you know I'm I'm hoping it really helps our company. >> Absolutely. Um there's also work being done at the Copper Valley asset. Can you

give us a quick update? >> Well, you know, I was just out last night with a with uh one of my partners who was just on the property 3 weeks ago. He's more than impressed. We he believes that uh there is a belief that we think we can take uh take I'll call it take money. You can call it ore uh or you can call it material. But we think we can take material off there very very fast and more that would be more of an opex cost not a capex cost like pretty pretty cheap start making our money on

at the same time we want to do the VTEM we want to drill we've got drills we want to drill we want to drill everything like I mean we're going to have one or two drills and be pass them around that's what we want to do so we're super excited about that and we think it can we can make money from it >> you know in the next two or three months >> you're you're definitely putting the explorer in exploring [laughter] Well, it's exploring, but the thing is in Canada, if you tell someone you can

start making money off of property, they look at like you're you're crazy because the it takes 19.9 years to to get a mine. There's all these other things. In Morocco, these things are available to you. But that doesn't mean you're not going to explore things and do everything right. Right. Which we are. >> Absolutely. Yeah. It just helps when you can expedite the permitting process. >> Well, the they expedite it, but they take care of it. I mean, they have the exploit they call it the exploitation

license. They're very good environmental like they're they do everything right there. They're just faster. I don't want to say they're better than Canada, but you know, I'm in Morocco. >> There you are. >> Yeah. >> In midFebruary, the company launched a $2.5 million private placement. Yeah. >> Where do you plan to deploy this capital? >> I plan on deploying it everywhere. And people have said to you, "What do you like the most?" Well, if you say, "What

do I like the most?" I like our Gundafa. >> Okay. In a perfect world, it is like it is a sister a sister uh peak, if you will, to Ya's uh Zugander mine. >> We have to drill it. So, we're so excited about that. We we know conceptually there's about 6.62 million tons there. We're we just can't get into drilling it drill it fast enough. So, that's the one I'm most excited about, but we are going to go at them all because the thing is Georgia, we can make we believe we can make money on all

them by July. Okay. So, if they're if we're getting money out of them and that's helping pay for the VTEM and and and uh the expiration we're doing, um why not? So, we're excited about all of them. And I will say right now that um so I so we like all of them, but there's the the sorry, the the um the the asset we have the big one, the Gandalfa, that is the the the main focus. But I will say we probably have the best um runway, if you will, in Morocco, I'd say, of any company below

300 million market cap of prospective assets and we're looking at them all the time. And all I'll say is this year, get ready. >> And you know, we're heading into Q2. Um you have lots of drilling planned. Um where else can uh investors expect to see some catalysts? Well, the catalyst will be all the expiration, taking some money off the properties and acquisitions. Like, like I really say, get ready. It'll be it'll We don't put out fluff. Every news releases news release. I won't call them all bangers,

but they're real. So, there'll be a lot of things to uh hopefully make people uh pretty excited in the market. >> Absolutely. Well, thank you for sharing the Steight. v >> Thank you, Georgia. This has been great. >> Yeah, it was lovely to chat with you. >> Cheers. I'm Georgia Williams and that was Matt Lewis, CEO and director of Stright Critical Minerals. [music]