PDAC JV Video: GoldInxs readies Fishpot in BC for drilling, market debut

Key Concepts

• District-Scale Exploration: A strategy focused on exploring large geographic areas to identify multiple mineral deposits.
• IP (Induced Polarization) Survey: A geophysical survey method used to identify subsurface metallic minerals by measuring the electrical response of the ground.
• Air Magnetics/Radiometrics: Geophysical techniques used to map geological structures and mineral potential from the air.
• TSX Venture Exchange: A Canadian public venture capital marketplace for emerging companies.
• IPO (Initial Public Offering): The process of offering shares of a private corporation to the public in a new stock issuance.

Company Overview and Strategic Assets

Golden Access is a Vancouver-based, early-stage gold exploration company currently preparing for a public listing. The company is focused on two primary projects in British Columbia:

• Fish Pot Property (Flagship): Located 100 km west of Quesnel, BC, and 65 km southeast of Artemis Gold’s Blackwater deposit. The project is noted for its year-round road accessibility and positive relationships with local First Nations.
• Miller Project: Situated in the "Golden Triangle" of British Columbia, northwest of Dolly Varden’s Kitsault project. This site is described as more remote compared to the Fish Pot property.

Exploration Methodology and Timeline

Golden Access is employing a systematic approach to define drill targets before committing to expensive drilling programs. The planned workflow includes:

1. Completed Work: Initial groundwork, including air magnetics and radiometrics, has already been conducted.
2. Upcoming Surveys (May–June): The company plans to conduct an Induced Polarization (IP) survey and potentially a seismic survey to refine geological models.
3. Permitting: The company is currently awaiting government permit approvals, expected by July or August.
4. Drilling Phase (August–September): Once ground programs are finalized and permits are secured, the company intends to commence drilling. Chairman Barry Miller emphasized the importance of gathering maximum geological data before initiating the drill program to increase the probability of success.

Market Positioning and IPO Strategy

Chairman Barry Miller, leveraging his decades of experience in public markets, outlined the strategy for the company’s market debut:

• Corporate Structure: A "tight structure" within the group is a priority to ensure shareholder alignment and capital efficiency.
• Financial Partnership: Golden Access has engaged Haywood Securities to manage its IPO, which is targeted for the second half of the year.
• Exchange Listing: The company is preparing an application for listing on the TSX Venture Exchange.

Key Perspectives and Strategic Rationale

Barry Miller highlights that the company’s value proposition is driven by its strategic location near established deposits (such as the Blackwater deposit) and its focus on infrastructure-accessible projects.

• Infrastructure Advantage: The year-round accessibility of the Fish Pot property is a significant operational advantage, reducing logistical costs and risks.
• Risk Mitigation: By prioritizing geophysical surveys (IP and seismic) before drilling, the company aims to de-risk its exploration targets, ensuring that capital is deployed efficiently.
• Stakeholder Relations: Miller explicitly noted that maintaining strong relations with First Nations is a foundational element of their operational strategy in British Columbia.

Conclusion

Golden Access is positioning itself as a disciplined, exploration-focused entity within the British Columbia gold sector. By combining a rigorous, data-driven exploration methodology with a structured approach to public listing via the TSX Venture Exchange, the company aims to transition from an early-stage explorer to a publicly traded company with active drill targets by late 2024. The primary milestones for the next 12 months remain the successful completion of geophysical surveys, the receipt of government permits, and the execution of the inaugural drilling program.