Alistair Waddell, CEO of Inflection Resources, joined Steve Darling from Proactive at the Vancouver Resources Investment Conference (VRIC), sharing insights into the company’s unique portfolio and significant developments.
Waddell detailed Inflection’s multi-year Earn-in Agreement with AngloGold covering a group of the company’s copper-gold projects in New South Wales. Under the agreement, AngloGold has the potential to earn up to 75% interest in five of Inflection’s copper-gold projects. This would require cumulative exploration expenditures of AUD$145,000,000 and the completion of Pre-Feasibility Studies. AngloGold has committed to fund an initial AUD$6,000,000 in exploration expenditures across the NSW portfolio or make payments to Inflection if the difference isn’t met.
Waddell also discussed the Duck Creek project, one of the key properties under the agreement, which returned strong drill results at the end of 2024. The company is optimistic about the project's future and its potential as part of the broader agreement with AngloGold.
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