Australia

Coffee with Samso – Kingwest Resources and the Menzies Goldfields

Over the last two decades, there has not been enough exploration to keep pace with the depleting resources of ongoing mines. Recent M&A activity with producers in the Eastern Goldfields is proof that if you cannot find more resources, you buy them.

If I am not mistaken, this championing of more exploration has been echoed for the last 20 years.

There have been discoveries, however, industry experts will agree that there is still a large gap between what is required and what is produced.

Kingwest Resources Ltd (ASX:KWR) is one of those companies that are putting words with their wallets.

A raise of A$4 million recently with an oversubscription of an additional A$6 million is very promising.

The company is exploring the highly prospective Menzies Goldfields looking to replicate the high-grade nature of historical mine production.

In this episode of Coffee with Samso, I speak to Ed Turner, the CEO of the company.

We talked about the company and why the Menzies projects are of great interest to investors.

I should say that I am curious about what they will uncover in this area. As a die-hard exploration geologist, I am waiting in anticipation of some results.

www.samso.com.au

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