SYMBOL: OTCQB: GMMAF; CSE: GAMA; FSE: N79
- Outstanding Shares: 59,507,577 (as of 09/13/2023)
- gamaexplorations.com
CREATING VALUE THROUGH EXPLORATION OF CRITICAL ENERGY METALS
Gama Explorations is a mineral exploration company focused on the exploration and development of critical battery metals. GAMA is focused on its Muskox Lithium Project in the Northwest Territories ‘Pegmatite Province’ and the Tyee Nickel Project in North-Eastern Quebec.
Gama Explorations Inc. is Positioned to Capitalize on Two Significant Battery Metal Plays in Canada
The market for electric vehicles and battery storage technology is predicted to skyrocket in coming years, demand for critical minerals is growing. With it, lithium and nickel – both crucial to battery performance, longevity and energy density (source: https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions/executive-summary) – appear poised to recharge the Canadian exploration sector.
The newfound activity coincides with urgent action from western nations seeking to secure domestic supplies of critical minerals (source: https://www.usgs.gov/news/national-news-release/us-geological-survey-releases-2022-list-critical-minerals) – a group of minerals vital to clean energy, military defense, and telecommunications sectors. Production of many of these minerals is majority-controlled by just a few countries, and that puts supply at risk.
Thankfully, recent discoveries in Canada have given hope to a market fearing shortages of some of the world’s most important battery metals.
7 REASONS THAT COULD LEAD TO LARGE POTENTIAL FOR GAMA EXPLORATIONS INC. (OTCQB: GMMAF) (CSE: GAMA)
Fully Funded for 2023 Exploration: Gama has recently raised over $7 Million (CAD) dollars which is expected to cover all of the companies exploration work in 2023 on both the Muskox Lithium Project and Tyee Nickel Project which commenced about 30 days ago.
Proximity to Large Companies: The Muskox Lithium Project of Gama Explorations Inc. is located right next door to the Hidden Lake Project 40% owned by Patriot Battery Metals (TSXv: PMET)(OTCQX: PMETF) that trades at a marketcap of ~$1 Billion. Great Real Estate: Next door to one of the bigger new discovery stories in the market (Go Metals) with its HSP Quebec Nickel project.
Dominant Land Position: With the Muskox Lithium Project in the Northwest Territories and the Tyee Nickel Project in Quebec, Gama Explorations has dominant land positions in two of the most important metals used in EV’s.
Lithium Supply: Lithium is running into a problematic supply-demand situation, again. Elon Musks company, TESLA, had to renegotiate a lithium supply deal with a miner (Piedmont Lithium) because of delays at their US mine and it now looks like the lithium for Tesla is coming from Canada. (source: https://electrek.co/2023/01/03/tesla-signs-agreement-secure-piedmont-lithium-supply/)
The PEOPLE Behind This Project: Leading the way for Gama Exploration is a management and advisory team stacked with expertise in management, exploration geology, and capital markets, that includes experience with BHP, Ivanhoe, Haywood Securities, Go Metals and more.
Favourable Share Structure: With only ~59 million shares outstanding (a significant % of which is owned by insiders and strategic shareholders), the structure of Gama Exploration remains closely held, and having recently raised approximate $7 million this year, it is well funded to execute on its business plan.
Huge Global Trend in Battery Metals: The world is being moved into electric battery power due to global warming and the rising price of oil and gas. Battery metals, such as Lithium and Nickel, are crucial to this transition.
This is why you need to know about Gama Explorations Inc., an attractive early-stage lithium and nickel explorer with promising properties in two of the world’s most favorable jurisdictions in British Columbia and Quebec, Canada.
CURRENT PROJECTS
THE MUSKOX LITHIUM PROJECT
LITHIUM SHOWINGS IN THE YELLOWKNIFE PEGMATITE PROVINCE
- Located 45 km eastof Yellowknife, Northwest Territories within the Yellowknife Pegmatite Province. A large portion of the 50 sq km land package remains under-explored.
- Characterized by a coarse-grained, spodumene bearing pegmatite (the CM-1 pegmatite) of over 700m in strike lengthand up to 11 m wide at surface located within 100 m of an all-season government-maintained road.
- Recent channel-sampling indicates continuity of spodumene content and grades of up to 1.34% Li2O over 5 m and 1.26 % Li2O over 11 m. Other spodumene-bearing pegmatites ~1 km to the east of CM-1 have been documented. The project also hosts several gold showings.
- Located less than 3 km south of Li-FT (CSE: LIFT) $324 Million Marketcap and right next door to the Hidden Lake Project, 40% owned by Patriot Battery Metals (TSXv: PMET)(OTCQX: PMETF) $1 Billion Marketcap.
THE TYEE NICKEL-COPPER PROJECT
NICKEL-COPPER MASSIVE SULPHIDE PROJECT
- Located 130 km North of Havre St. Pierre, Quebec and ~12 km north of the Romaine IV Hydroelectric Dam. Gatineau comprises a single claim block of 387 sq mi.
- The Tyee Claims cover the Havre St. Pierre anorthosite complex, which contains known nickel, copper and PGE occurrences. The Tyee claims cover some of the most anomalous sediment samples in the complex, as well as geophysical features similar to Go Metal’s 1 adjacent HSP Nickel-Copper discovery.
- A distinct magnetic anomaly is present within the claims, which could represent a mafic to ultramafic feeder to the surrounding anorthosite (magnetic low). This feature will be a key focus for exploration as these types of feeders and conduits are prospective for nickel-copper sulphide cumulate systems.
Investor Presentation
Experienced Management And Leadership
At the core of the Gama story is the leveraging of management’s technical and operational track record. In particular, this team has a significant amount of experience working with Majors, specifically with M&A activity in the mining space. They are growth-oriented with a particular focus on technically sound exploration assets.
Gama’s management and advisors have diverse backgrounds including geology and Equity Research, including:
Dr. Mick Carew | Chief Executive Officer
A PhD geologist with over 25 years of experience in the mining industry, Dr. Carew has both regional and near-mine mineral exploration experience working for several major and junior mining/exploration companies. He has worked on a variety of uranium, base and precious metal ore deposits in three continents including BHP Olympic Dam in Australia and with Ivanhoe Mines in Mongolia. Dr. Carew has corporate management experience at the executive level and was previously a research analyst at Haywood Securities, where he used his technical expertise to evaluate companies and projects ranging from early and advanced stage exploration, resource and development to production.
Dr. Jacob Verbaas | VP, Exploration
Dr. Verbaas is an exploration geologist whose strengths are regional targeting as well as identifying and executing project- scale exploration strategies. He has experience in Australia, northern Africa and Canada and has worked in executive roles for Canadian public exploration companies since 2017. Dr. Verbaas found and staked the HSP project during his time as VP Exploration with Go Metals (which in 2022 resulted in a significant nickel discovery) and is a Founder, Director and CEO of CAVU Energy Metals, a copper exploration company in the process of being acquired by Alpha Copper.
Bill Cronk | Technical Advisor
Cronk has 25+ years of experience as a geologist and manager of exploration programs for precious and base metal deposits in Africa, Europe as well as North and South America with expertise that ranges from grass roots reconnaissance up to advanced stage and pre-feasibility work.
Among others, he’s worked for mining industry leaders such as Dundee Precious Metals, and Northern Empire – which was acquired by Coeur Mining where he gained invaluable management experience and honed his skills in business development, project generation, program design, budget implementation and project management.
Norman Brewster | Director
Brewster is President, Director and CEO of Cadillac Ventures, with development projects in Ontario (copper) and New Brunswick (tungsten). He’s served on many public and private company boards over his career in the mineral industry, including as the interim President and CEO of Iberian Minerals, successfully financing, developing and putting into production the Aguas Tenidas Mine in Andalucia, Spain which became the region’s largest employer. During his tenure, Brewster also led a committee in reviewing the successful bid by Trafigura Group to acquire Iberian Minerals, in an all-cash takeover.
Jason Riley | Director
Riley is a corporate executive with a wealth of knowledge and experience in the Canadian capital markets. He’s currently serving as a Director of Bessor Minerals, a junior mining exploration company, and Phoenix Copper, a base and precious metals exploration and development company. He’s also the Chairman, President, and CEO of ExGen Resources, a mineral exploration company. Riley is also the CEO of EVOS Media, a digital media company.
Follow The Battery Metals Trends
BOTH nickel and copper are in the spotlight due to the green electric revolution already underway.
In nickel, the long-term outlook is VERY strong. Earlier this year, the London Metals Exchange halted trading of nickel for several days, because excessive short sellers stood to lose billions.10
According to analyst Nikhil Shah, who was quoted as saying: “In my 15 plus years (working in the industry), I mean, it’s definitely unprecedented… I’m thinking that the price still will remain elevated in the second half of the year.”11
But there’s a shortage looming in the type of high-grade nickel that’s needed for EV batteries.12
More nickel is needed to maintain the energy density (battery life) of new batteries.
According to Mark Beveridge at Benchmark Mineral Intelligence:
“We’re heading towards, you know, 90 percent of the cathode being nickel for certain specific cell types.”
And a LOT of high-grade nickel was coming from Russia, prior to its conflict. Domestically, the US is short on nickel resources, with only one primary nickel mine (Michigan’s Eagle Mine) in operation—and that mine is expected to close in 2025.13
Copper is another story, having seen its price fall by nearly a third since March. However, a massive shortfall looms for the world’s most critical metal.14
Goldman Sachs Group estimates that miners need to spend about $150bn in the next decade to solve an eight million-tonne deficit,15 according to a report published in September 2022.
Goldman Sachs also forecasts that the benchmark London Metal Exchange price will almost double to an annual average of $15,000 a tonne in 2025.16
BloombergNEF predicts that by 2040, the mined-output gap could reach 14 million tonnes, which would have to be filled by recycling metal.
Recent News
- Gama Announces Commencement of a Ground Exploration Program at Tyee Nickel Copper Cobalt Project in Quebec – September 20, 2023
- Gama Explorations Announces New Geophysical Targets on the Tyee Nickel Copper Cobalt Project in Quebec – September 14, 2023
- Gama Explorations Provides Corporate Update – August 29, 2023
- Gama Announces Management Changes and Appointment of New Director – August 4, 2023
- Gama Announces Assay Results From Channel Sampling at Its Muskox Lithium Project, Northwest Territories – July 13, 2023
- Gama Confirms Grade Continuity of the CM-1 Pegmatite and Identifies Additional Spodumene-Bearing Pegmatites at Muskox – July 10, 2023
- Gama Receives Drilling Permit on Muskox Lithium Project in Northwest Territories – May 16, 2023
- Gama Signs Capital Markets Advisory Agreement and Closes Additional Private Placement of Flow-Through Shares – May 4, 2023
- Gama To Commence Phase 1 Exploration On Its Muskox Pegmatite Lithium Project In The Northwest Territories – April 24, 2023
- View News Releases on SEDAR
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Disclaimer
EMC has been paid $150,000 by Gama Explorations Inc. | Please read our full disclaimer
Footnotes:
- https://www.linkedin.com/pulse/5-reasons-nickel-most-important-battery-metal-jerad-ford-/
- https://www.globaldata.com/data-insights/mining/the-top-five-nickel-producing-countries-thousand-tonnes-2021/
- https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-08/card/nickel-market-sent-on-wild-ride-by-russia-concerns-oepHo6J9PSoxNNoOCbZf
- https://northernontario.ctvnews.ca/nickel-markets-may-be-chaotic-but-long-term-outlook-very-strong-analysts-say-1.5841240
- https://northernontario.ctvnews.ca/nickel-markets-may-be-chaotic-but-long-term-outlook-very-strong-analysts-say-1.5841240
- https://northernontario.ctvnews.ca/as-elon-musk-calls-for-more-nickel-production-a-mining-analyst-has-some-suggestions-1.5037952
- https://www.brookings.edu/blog/up-front/2022/09/21/indonesias-electric-vehicle-batteries-dream-has-a-dirty-nickel-problem/
- https://www.mckinsey.com/industries/metals-and-mining/our-insights/how-clean-can-the-nickel-industry-become
- https://www.argusmedia.com/en/news/2326899-class-1-ni-shortfall-complicates-nickel-supply-chain
- https://www.ctvnews.ca/business/china-s-tsingshan-fires-nickel-rally-as-it-cuts-costly-exposure-sources-1.5810369
- https://northernontario.ctvnews.ca/nickel-markets-may-be-chaotic-but-long-term-outlook-very-strong-analysts-say-1.5841240
- https://www.cnbc.com/2022/03/19/why-elon-musk-and-tesla-are-banking-on-a-minnesota-nickel-mine.html
- https://www.miningjournal.net/news/front-page-news/2021/11/eagle-mine-update-given-in-community-forum/#:~:text=The%20expected%20mine%20life%20is,that%20rigor%2C%20of%20planning.%E2%80%9D
- https://www.thenationalnews.com/business/2022/09/24/why-investors-are-selling-copper-and-how-a-looming-shortage-will-affect-the-economy/
- https://stockhead.com.au/resources/goldman-sachs-the-only-way-well-meet-copper-demand-by-2030-is-if-prices-top-us13000/
- https://www.livemint.com/market/commodities/why-copper-prices-can-t-remain-at-historic-low-explained-11663805226402.html
- https://www.kitco.com/news/2022-09-28/-Copper-is-the-new-lithium-these-metals-are-facing-shortages-Nicole-Adshead-Bell.html
- https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3133-cse/gama/122943-gama-explorations-completes-private-placement-of-common-shares.html