This is the Investing News Network. I'm Georgia Williams and we're here in Toronto at PDAC 2026. Joining me today is Peter Berdusco, president, CEO, and director of Canada One Mining. Thanks for joining me today, Peter. >> Thanks for having me. I was wondering if you could tell investors what your ticker symbol is and where your shares trade. >> Sure. So, we're listed on the TSX Venture under the symbol C O N E. So, cone. Yeah, >> perfect. Um, it's the first day of PDAC.


It's still a little bit early, but how's it been so far? >> Yeah, I just walked the floor and traffic's been really good. Um, I'm not surprised. Uh, obviously with the with the uh metals prices that we have, right, with gold all-time highs, copper doing really well. um uh investors are taking note and they they want to you know attend this and and learn more about companies and where they can place their money and and you know make some good returns right a as I would do as


well and I mean I'm not only not only do I run a a p public company Canada 1 but I'm an investor as well >> so um you know it's it's good to you know ask a lot of questions go around talk to the companies and get a sense of okay well if I'm placing my money here what kind of a return am I looking at um and I think you know it's nice even in terms of this conversation that we're having to sort of reverse engineer it in a way of okay let's look at it from the


investor's perspective right um and as an investor myself uh you know what if I'm going to be investing in a junior Canada one is a is a is a junior right we have a small market cap right now what am I looking for in terms of a return and and what are the most important things I mean for me I think the two most important things are one is you know that obviously that price appreciation at some point So um what's what does a potential return look like for my company for this company right or


a company I'm investing in. So um you know I think for me you you when you're investing in um junior markets junior resource companies you got to be looking at four or five times return right and the second part of that is in a reasonable period of time right and and that I think makes a lot of sense right for for some of the risk allocation that you're putting into these into these companies uh not every company pans out not every project pans out right so you have to be somewhat selective right yeah


and I think that leads nicely into copper dome from our project and what we're doing. >> Absolutely. Yeah. And speaking of copper, um you are developing the copper dome project in BC. Can you tell us a little bit about it? >> Yeah, it's great. So, again, you know, I'm going to try to hit off um items that are important, uh you know, check marks that are important for an investor. So, uh first thing is we own the project. That's really good. So, there's no payments. There's no risk of


project loss. Uh it's in the interior of BC. It's right next to Hud Bay Minerals, um Copper Mountain Mine, producing Copper Mountain Mine. And uh that's very important uh in terms of geology. So the geology is uh very consistent uh very similar uh to what uh copper mountain uh mine has and it's a copper pfery target or targets that we're looking at. um these tend to come up in if you will like in pods and so the opportunity within a 3, four or 5 kilometer area of having additional pods that


haven't been discovered are very very good. Uh this project has historic has historical drilling and um almost every drill hole hit on copper, gold, silver returns and um and intervals and numbers that are suggestive that hey this is an interesting area and uh you know it it deserves further exploration. So, you know, these were some of the uh key elements that uh as a as a team, as a company that drew a lot of interest for us uh on on uh with with Copper Dome. Um uh and then just recently, well, last


year uh we received 5-year drill permits. So, you know, again, from an investment st investor investment standpoint, that's important because you want to look for roadblocks. So, you know, what's a roadblock to that four or five times return or what's a roadblock to near-term return? And um having your five-year drill pro uh drill permits is is really key. It's very important. So, we have a you know, we got blue sky there in terms of how much drilling we can do, right? So, that that's exciting.


So, we're uh currently in um uh drill definition stage. Uh there's geoysics that we need to do, continue to do uh that gets us to uh real uh refined defined drill targets. Uh so yeah, uh it's going to be a great year. Yeah. And and in terms of the project, uh what we're what we were good last year with sort of consistent news flow and uh that news flow now is going to be consistent throughout the year as well as we as we do this um uh geoysics work and sort of get to that drill ready straight stage.


Congratulations on the 5year permit. I know um especially in Canada that's a big milestone. Congratulations. >> It's really nice. It's a great talking point. >> Yeah, absolutely. And so will you be looking to extend the project or to know drill um other targets around the area. >> Yeah. So we have a number of uh targeted zones right now that we really like. The boundary zone uh Friday creek uh copper south is an area that we really like. And uh for example, copper dome south


has a um a a classic copper pfery signature. Uh so we we'd like to really do some work there as well. We really like the boundary zone and I haven't mentioned this but in terms of proximity which is which is important in with geology especially we're um our our boundary zone or is on the northern border to a copper um on the northern border of copper dome of copper mountain and uh we're about a kilometer and a half from their deposits. >> Okay. >> So you know that's how close we are


right. So, uh, there's a number of zones. Um, in terms of size, you know, we have we have 12,000 hectares. So, we got a good land position around, um, Hud Bay, HUD Bay there. Uh, I'm pretty comfortable with that at this time. Not to say that maybe we wouldn't expand a little bit if if it's prudent or if it makes sense, but, uh, there's a definitely a good land position to do a lot of work. >> And are you able to, um, capitalize on some of the infrastructure that perhaps


Hud Bay put up like roads or or any electricity? >> Yeah. Well, um, you know, that's a good question. So, his, uh, over the years, you know, some of the forest fires, uh, pine beetle issue, uh, had helped us in terms of, fortunately or unfortunately, depending on how you look at it, you know, u there's there's not very very much of a forest there, >> right? It's a lot of low-lying shrubs and and what have you. So, that clearing has already kind of been done, which is


really nice. And yes, there are there are the the roads that are going through the property and and through the area and we're just off the highway as well. Yeah. So, infrastructure is great. Uh crew can be in in Princeton >> and you know it's a short quick drive to the property and everything. Uh and and that's one of the that's another from an in uh investor perspective that's important. Uh you look at other projects uh for example golden triangle these are cost intensive. Okay. They're they're


they're just you can spend a lot of money in one season, right? Their helicopter uh in terms of access helicopters costs can really really add up. >> And so we, you know, we're we're not dealing with any helicopter costs. We're not dealing with uh in a remote area, remote location or a really short season type of thing. Uh that was really another big factor. And I think for uh as as an investor I look for that as well in terms of companies that I want to you know put money in. Um I put


additionally I put my own uh some personal capital in last year as well. So I think that's important too that I'm not only speaking it but I'm putting uh money where my mouth is in terms of uh uh a project that I believe in and want to drive forward. >> Yeah. Yeah, and you know, as an investor, I'm sure you're also aware of the importance of jurisdiction, especially, you know, in this sort of resource nationalism era that we're moving into and BC is a very great jurisdiction. Can you tell us about what


it's like to work in in the province? >> Yeah, it's it's really good. Um, candly, the permit process, you know, >> yeah, >> could be faster, but we got it we got it through. It's okay. Um, you know, we're not dealing with the premium on US dollars. So, you know, anything outside Canada, slap on another what, 30 35% onto your costs. So, we don't deal with that. Uh, being in a pine beetle area and, uh, with tax credits, we get about 30 cents back on every exploration


dollar. >> Yeah. >> It's really good. That can add up. You spend a million, you're getting 300,000 back for next year. >> Yeah. Um, yeah, it's it's attractive. So, uh, I like BC. I'm very comfortable with it. Um I'm from BC and so um you know three and a half hours and we're on site. >> Yeah, that's that's that's really nice. >> Really good. Right. >> Like you said, there's no the flying helicopters and having to go remote. So


that is lovely. Absolutely. >> Um on the website you talk about how deposits are getting more complex and harder to access. Um to address these challenges, Canada one is deploying some cutting edge technology. I was wondering if you could tell us a little bit about that. >> Yeah, absolutely. So, you know, these these high-grade or or at surface deposits and a lot a lot of companies are talking about this. It just they're not easily found anymore. And a lot of these deposits now that are being discovered


are under undercover and uh so there's no indication at surface uh that there's anything there. >> You can't just easily sample. So, we've employed what's called u uh mobile metal ion technology. And this is a sampling technology that's been around for 15 20 years. And um I like it. It uh it actually samples the ions that are coming off of the metals subsurface. >> Okay. >> Yeah. And there's a whole technical scientific process. I'm not going to get


into that, but um it's one indicator. And I want to really be clear with our audience here that I we're not solely doing that and then okay, we're done. Right. Right. So you want independent layers of of the technical work that you're doing. So you you have that's one layer. you create another layer layer with your geoysics IP mag right and and that builds on your story and refineses and refineses to a comfort point right so the MMI is inexpensive and it's relatively um uh quick way to get a


sense of what potentially is buried or or below surface and that could be anywhere from 50 mters 2550 m to you know 230 mters so we ran this um at the boundary zone And we identified an elevated area of uh copper, gold and silver ions uh a kilometer kilome a kilometer by a kilometer square a kilometer and a half >> squared right uh that's a good size right and in terms of you know pfery size or something that that adds up to something meaningful again from an investor standpoint that's the kind of


size you're looking for the typical uh so copper mountain has a super pit now. But before the super pit, they were three or four individual pods and the average uh tonnage uh was 150 to 250 million tons. So, one discovery on our side if if if hopefully there's one pod, right? Yeah. >> That's on our property, >> Boundary Zone. We'll see. Friday Creek. Um if it's typical of of what is happening at at Copper Mountain uh similar geology then we'd be looking at 150 250 million


tons right >> you know we're not there >> right and that's forward-looking >> that's what we do right but um it's important to state that you know that's the vision the vision is okay let's do the work let's right let's do the the prep work have our targets defined and then drill for success and we hit uh you know a consider a good interval with with uh with numbers that are comparable to Copper Mountain of 0.25.3 point4 uh then we're off to the races so


to speak in terms of defining a resource and seeing what that looks like and our neighbors their resources are anywhere from 150 to two 250 million tons. So, you know, we're okay. Well, maybe maybe we got something like that on our side if we can get if we can um you know, prove out that path, >> right? And um you've stated in the past that the upside is the number one reason to invest in the junior exploration space. Can you identify the upside in Canada 1? >> Yeah, great. So uh I mentioned I think a


lot of these uh at this point uh uh useful moving forward um uh completing our fieldwork or or that gives us that drill definition those those defined drill targets right and then moving towards a drill program. These are these are great catalysts as we move into the year, right? You know, off of Pedak here and move into the year. Um, one thing I didn't mention, you know, Canada 1's market cap is under 5 million, >> right? So, we talk about, okay, what's a four or five times return? What's that


look like? Le let's do it in terms of market cap. We're going from, you know, 5 million market cap to 25 million market cap in this bull market that we're going to be in for a while. a great e excellent exciting bull market. That's still a very humble a very reasonable market cap, right? And there's no reason for this company not to build and operate and develop a project to to 75 100 million market cap. >> Yeah. >> Yeah. So those are great upsides. >> Yeah. Absolutely. And with, you know,


Hud Bay next door as well, you know, you have that potential for resource expansion. >> Yeah. Absolutely. Yeah. Yeah. and and there there's a lot of caveats to that and we're definitely far from that. Um but it's nice to be able to speak to Copper Mountain being there. It's nice to know the geology has yielded good results at Copper Mountain. >> Um and it's it's just a great neighbor to have. >> Absolutely. Um what should investors be on the lookout for besides the things


that you had mentioned? Um I know you're talking about drilling and you were talking about the news flow. Um is there anything a particular investor should keep their eye out for? We're just going to be as um as um um active in the market as we can and and and a and there's a lot of different angles to that, but you know, we're we're we're really want to engage with investors. We want to really get the story out there. I think to a good degree the last number of years our story hasn't been really uh


getting out there and you know with this market and uh there's been some uh price appreciation um with our drill permits it's really time for us to just really engage engage with the market engage with investors get the story out there and really build this and and execute. >> Yeah, what an exciting time. >> Yeah, thank you. >> Thank you for joining me today, Peter. >> Thanks for having me so much. Thanks. I'm Georgia Williams and that was Peter Berdiscoco with Canada