Understanding the methodology and code used for historic mineral resource and reserve reporting in Ukraine, we seek out and acquire opportunities that meet our rigorous economic and exploration potential criteria and implement exploration programs to establish JORC and NI43-101 compliant resources before bringing in partners to further develop the property in return for equity participation in the project.
Our primary focus is Ukraine where our highly skilled associates have good local knowledge of the geology and historical exploration work done during the Soviet era and since independence. Numerous projects are known in Ukraine that have reserves in the State Balance but need additional work to make the resources compliant to current international standards. We believe that historical exploration and mining development work done in Ukraine was of exemplary nature and generally allows proper valuation of existing projects. However some additional work, including diamond drilling, is generally required to allow publishing the mineral resources to a JORC or NI43-101 standard.
We are initially focused on gold, silver, and gold, silver, lead, zinc deposits in Ukraine. We are also interested in technology metals such as lithium, rare earth metals and graphite that we believe are overlooked in Ukraine. We will consider these opportunities as they arise and will work with the Ukrainian government to continue their support of these projects.