Coffee with Samso Episode 25 with Ed Turner, CEO, Kingwest Resources Limited (ASX: KWR)
Over the last two decades, there has not been enough exploration to keep pace with the depleting resources of ongoing mines. The 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 twenty 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 Limited (ASX: KWR) is one of those companies that are putting words with their wallets. A raise of AUD4M recently with an oversubscription of an additional AUD6M 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 for 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.
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