Dig Deep The Future of Patriot Resources: Capital Allocation and Project Prioritisation in a Tightening Market
In this episode, we chat with Dominic Duggan, CEO of Patriot Resources, a junior miner exploring for precious metals, copper and lithium across South America (Tassa), Zambia, Africa (Kitumba project) and in Canada.
Dom has moved from the technical and operational side of mining into the CEO role, so we talk about how that changes the way you think from evaluating rocks to allocating capital and prioritising projects across multiple jurisdictions. We also get into what actually needs to be proven early to turn a project into a real development opportunity, the technical signals that justify expanding a drilling program, and why time on site often tells you more than a presentation ever can.
We also discuss permitting, community engagement, capital discipline, and the kind of leader he’s consciously trying to be and much more.
KEY TAKEAWAYS
- Engaging meaningfully with communities can facilitate permitting processes and create mutual benefits, rather than viewing community engagement as a hurdle.
- Patriot Resources is prioritising its Tassa project in Peru, which has shown promising results with a maiden resource of 31 million ounces of silver equivalent
- Before committing to larger drill programs, the company looks for specific technical signals, such as consistent mineralization and the presence of sulfides
- Dom aims to be an authentic and approachable leader, focusing on understanding the operations and engaging with the investor community
BEST MOMENTS
"We're fortunate that there's been a relationship there for a number of years with the local community, but it's certainly something that we're looking to build on and get right from the outset."
"The silver price has been really well supported. We certainly share a long-term view around a new price equilibrium or floor, away from the historical lows."
"There are some technical signals that the team are seeing there, like the presence of sulfides in multiple locations, sort of consistent mineralization."
"I certainly want to live the experience and spend as much time with the teams and in the assets as possible."
GUEST RESOURCES
Website:https://www.patriotresources.com.au
Email (general enquiries):info@patriotresources.com.au
Email (CEO)dduggan@patriotresources.com.au
LinkedIn:https://www.linkedin.com/company/patriot-resources-limited/
X (Twitter):https://x.com/Patriot_ASX
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/