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 welcome to CEO insights I'm Marilyn dezman with investing news.com I speaking with Paul K president and CEO of aupa minars hello good morning Marilyn how are you good good let's get at it yeah thank you yeah so I guess first order of the day uh talk about the projects you have uh few projects in Europe um Portugal Kosovo and Finland could you talk about uh you know these projects and what makes them comparing well first of all aupa minerals is a eurocentric project generator we're um

working in Western Europe for the most part Western Central Europe um in areas of stable politics and prior mining history uh in mining districts old mining districts we can get a lot of data from those old places there's a lot of information and of course where there's mineralization before there's hopefully mineralization now so that's why we're there our main project at the moment is uh in Portugal we are working on a copper zinc massive sulfide deposit in the Iberian pyate belt we have a uh a

great partner sfire resources who is fully funding the project it has been for a couple of years now our look there is has was started in 2012 actually and in 2014 we discovered the cesareas copper zinc massive sulfide and we've been working at it in bits and spurts until uh until now but we really started in Earnest again in 2020 so we're working in Co in um in Portugal on on that one it's fully funded project we have a fully funded project in Kosovo as well we made a discovery of a small gold

deposit in 2013 and again we've progressed it through joint ventures uh until recently we acquired a very strong partner in Western Tean Western Tean resources who's majority owner Ariana resources a a mining company building small mines and making lots of money um so we have a great partner in Koso it's a it's a gold silver deposit it's called Sova it's uh got a global resource of approximately 175,000 ounces of gold and Western Tean is planning an aggressive drilling project uh uh this this uh spring and

summer they're doing environmental and uh social work right now because uh it's appropriate time and we need to do that of course our third area of work is Finland and we're newly into there um we've acquired um a joint venture partner up there uh it's the called acman Finland oh y um we hold 49% uh aquan exploration holds 51% we're also looking for uh Mass sulfide deposits copper zinc massive sulfides there and we have um four applications SL permits in the pisi mining District which is a

longlived mining District as well um we have four licenses there we're working on getting three others and we also have a gold uh property there uh they're Grassroots properties in uh Brownfield District so we're again looking close to the Head frame and uh hopefully extending mineralization finding satellite deposits so are these projects then being um I guess explored and advanced um all at the same time and well uh pretty much yes um uh in Portugal sandfire is supporting us there

and we're planning to start drilling in in May or so May or June in uh Kosovo at the slova project um we have a partner there that's fully funded and working in Finland we're on hold right now because of the weather more than anything uh but we have some drill targets uh we have these licenses that need more exploration um we hope to get to drilling there this this summer so yes all three of them are pretty much working at the same time and I'm looking for new opportunities around around

Europe as well what's your um current strategy for enhancing uh shareer value as a project generator the idea is that we start the early phases of the project uh we do the the early exploration and hopefully Discovery uh which we've done at slovo and Kosovo and cesarias in in Portugal and and uh get them to a point where they're joint ventable if that's a word um and we've done that uh in in um Portugal we've um we're on our third third partner and and the present partner is really strong in Kosovo we're

on our second partner there and again we've got a strong partner and both both deposits well certainly the Kosovo deposit I expect to turn into a mine it'll be kuso's first new precious metals mik in Portugal If the drawing is successful um we will then apply for a mining license so we're that far along in those two countries Finland is early uh we we need to to dress up the properties with a good basic exploration work a few drill holes and then I feel we'd be able to make a a a strong joint

venture there and we're looking for partners that can actually bring our properties to mining uh we're we're not miners we're explorers we do a real good job of exploring and finding but um you don't want to see me building a m and you're when you're partnering with those uh companies you know the mining companies are you looking at join Ventures or like selling them off well um initially joint ventures earn in joint ventures it it works better that way um we have a strong technical

committee so we work together and we get to know each other and uh work out any problems and and and how to do the exploration at the end of the day um yes we may want to sell our portion we're we're when they earn in they earn in to 51 and then to 75 and then to maybe 80 85% so we have a minority um partnership and people ask me well that's not very much uh but the way the mining business is right now it's good to have three or four somethings rather than one nothing and and that's kind of what we have

right now we've got um two somethings and the new project Pipeline and that's uh good for our Rupa all right so what are some of the upcoming catalysts for your projects well the Catalyst obviously in at CES marus and Portugal this is on the alvalade joint venture is getting the drilling started and hitting good results and we're going to be drilling the cesarias deposit in the central zone where we've had recent um high-grade copper lead and zinc and so we're hoping to do 10 to 12 holes there this this um

this spring and early summer the second Catalyst would be uh continuing continued success in drilling that at sovo the partner is set to earn into 51% sometimes the summer sometimes the summer but we'd like to increase the um the resource there uh they did increase it already last year by 78% but some new drilling will um hopefully uh enhance that and then getting going in Finland will be the third Catalyst and and we'd like to be able to announce a startup of drilling there later in the summer as well that's

still a little bit further off um cbus in Portugal and SLO in Koso are really the main catalysts right so we we're here at pdac uh when you're speaking to investors potential investors what do you say to them uh when they ask what makes your company a compell investment opportunity at this time well like everybody else says around here our share price is is not very high but I'm different because we have two two projects that are fully funded one will certainly go to a mine uh mining

solution and the second one if all works out it's a longer term thing but that could also be a m so we um we have a a very small program a small market cap but we've got two great projects with two great Partners fully funded uh and then we have all this new exploration we that we're doing so these are the reasons why I think aupa is a is a good a good selection um you know I'm not saying anything new here we're undervalued you've probably heard that 28 times this week um but we are and

then we've got good projects and good people and good partners and I think uh that's the biggest thing for for me to talk to people whether they're investors or potential partner well thanks Paul for taking the time to speak to me oh my pleasure man nice to talk with you thanks and thanks everyone for watching join us again next time for another engaging conversation on CEO Insight if you like this video make sure you subscribe to our Channel and turn on notifications so you don't miss future

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