Victor Feng

Victor Feng of Auro Metals Inc. talks to Chen Lin | Metals Investor Forum Sept. 2026

• Top takeaway Outlines Santa Barbara at 4.1 Moz gold plus ~0.5B lb copper and frames doubling the resource as the company's internal target
• Walks through the active drill campaign: Phase 1 (11,000m infill) complete, Phase 2 (20,000m) underway with four rigs scaling to seven including 1,000m+ rigs for depth extension
• Highlights recently published Hole 68 — 905m at 0.6 g/t Au and 0.12% Cu from ~56m — and compares it to early Filo holes, noting more consistent mineralization but fewer high-grade spikes
• Lays out the 6-9 month plan: finish Phase 2 by year-end, add 20,000m Phase 3 by Q1 2027, complete initial metallurgical work in October, then commission a resource update for early-to-mid H2 2027
• Keeps "all options open" on development vs. sale; flags Ecuadorian M&A precedents (SolGold ~$1.2B, Lumina ~$420M) and notes Silvercorp holds 27.3% as a cornerstone shareholder

Auro Metals is targeting a doubling of the 4.1Moz Santa Barbara porphyry (large, low-grade gold-copper) resource via 40,000m of Phase 2 and 3 drilling. Ecuadorian porphyries have drawn major-miner M&A: Sol Gold sold for $1.2B and Lumina Gold for $420M in the past 18 months. Hole 68 cut 905m at 0.6 g/t gold and 0.12% copper — comparable to Filo's earlier porphyry intercepts and ending in mineralization at depth. Silvercorp's 27.3% cornerstone stake leaves it well-positioned to re-enter as a strategic acquirer at the permitting stage. Copper-recovery metallurgical work begins in October with samples shipped to Vancouver, ahead of a resource update in early-to-mid 2027.

Victor Feng of Auro Metals Inc. presents at Metals Investor Forum in Vancouver | Sep 2026

• 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.

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.

Victor Feng & Jeff Clark discuss Tincorp Metals at the May Metals Investor Forum

Tincorp Metals is acquiring the district-scale Santa Barbara Gold-Copper Project in Ecuador's emerging Zamora Belt through a definitive agreement with Silvercorp. The transaction positions the junior explorer to capitalize on significant copper and gold potential within a highly prospective and underexplored mining region. Investors gain direct access to vetted management teams at the Metals Investor Forum, a critical advantage for evaluating junior mining company risk.

Victor Feng of Tincorp Metals Inc. presents at Metals Investor Forum in Vancouver | May 2026

Victor Feng, Interim CEO of Tincorp Metals, presents the company's investment thesis at the Metals Investor Forum in Vancouver. The forum highlights companies vetted by newsletter writers for possessing excellent management teams, strong financials, and promising properties. The event provides investors a unique opportunity to directly engage with and assess the leadership of junior mining companies.