Victor Feng of Auro Metals Inc. presents at Metals Investor Forum in Vancouver | Sep 2026
Metals Investor Forum Sep 25, 2026 10:58
Summary
Oro Metals' Santa Barbara project in Ecuador's Zamora belt hosts 4.1 Moz gold + 0.5 Blbs copper based on 22,000m of historic drilling.
Phase 1 (11,000m) is complete with assays pending; Phase 2 (20,000m) is underway with 7 rigs including three 1,000m-depth rigs.
H-DSP 68 returned the project's best hole: 905m at 0.6 g/t gold + 0.12% copper from 56m, extending mineralization beyond the current pit shell.
Oro trades at a discount to peers on EV/oz basis (peer average ~$73/oz); Silvercorp holds 27.3% and insiders/management own 16%.
The mineralized system remains open in all directions and at depth, with metallurgical test work planned for October.
Key points on Lundin Gold
- Lundin Gold's Fruta del Norte mine is cited as a regional anchor, located 36 km north of Santa Barbara, where the speaker says Lundin Gold has made new porphyry discoveries within its concession boundaries.
- Fruta del Norte is also listed as one of the significant epithermal systems in the Zamora copper-gold belt, reinforcing the district-scale setting around Santa Barbara.
Key points on Silvercorp Metals Inc
- The speaker positions Silvercorp Metals as the largest shareholder of the presenter company at 27.3%, providing both strategic backing and access to in-country operating expertise.
- Silvercorp's Condor project, about 10 km north of Santa Barbara, is cited as a nearby epithermal system in the same well-endowed mineral belt.
- The speaker highlights Silvercorp's operational track record, noting it is currently building the El Domo copper-gold mine and advancing the Condor project in Ecuador.
- Silvercorp group founder Dr. Rui Feng is named as technical advisor and largest individual shareholder, and Silvercorp president Lon Shaver sits on the Oro Metals board, linking governance to Silvercorp's executive bench.
Key points on New Pacific Metals
- Alex Zhang, VP exploration of New Pacific Metals (described as a sister company to the presenter), serves as lead technical director managing all ongoing exploration at Santa Barbara.
Rui Feng's takeaways
- Top takeaway The speaker introduces Dr. Rui Feng, founder of the Silvercorp group, as both technical advisor and largest individual shareholder of the presenter company, anchoring the project's technical credibility.
Lon Shaver's takeaways
- Top takeaway The speaker identifies Lon Shaver, current president of Silvercorp, as a director on the presenter company's board, tying governance to Silvercorp's executive bench.
Victor Feng's takeaways
- Top takeaway Victor Feng pitches Oro Metals' (formerly Tincorp) Santa Barbara gold-copper project in Ecuador as a large, open-pitable, district-scale porphyry asset that he argues trades at a discount to peer developers.
- He frames the starting resource at about 4.1 Moz of gold and just under half a billion pounds of copper (around 80% inferred) as open in all directions and at depth, supporting a long runway for resource growth.
- He highlights recent drilling, particularly hole DSP-68 (905 m at 0.6 g/t gold and 0.12% Cu from 56 m), as the project's best gram-by-meter intercept to date and evidence of long, consistent mineralization from surface.
- He lays out a 20,000-metre Phase 2 program with seven rigs (including three new rigs capable of drilling to 1,000 m) to test pit-shell infill, step-out chargeability anomalies, and depth extensions.
- He argues that Silvercorp sponsorship (27.3% holder, with Rui Feng and Lon Shaver involved) and recent Ecuador M&A (SolGold at about $1.2 B, Lumina Gold at about $420 M) are catalysts that should close the valuation gap to the roughly $73/oz AuEq peer average.