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REGIONAL ROUNDUP

E2 is hoping to follow in the footsteps of AngloGold Ashanti
and Newmont who operate large-scale gold-silver mines in
Santa Cruz province

known in resources circles, so it was always going to be etc. points to something else. The money is flowing away
important to get on his radar. from Chile and Peru and into Ecuador and Argentina. We
“We went through the normal avenues of pitching to Sprott are lucky that we have got a very commanding, large land
on a no-deal basis. Our presentation ended up on Eric’s position in world-class districts. We are comfortable with
desk and eventually he put a firm lead order for $3 million the geopolitical situation and the ease of doing business.
via a placement. And we saw that as a great opportunity to We have proved we can find it and there are lots of recent
strengthen the register with institutional investors and family examples of bigger companies moving on Argentine assets.”
offices who will be in the company for the long term.”
E2 is now considering how it can take advantage of the new
North American interest, particularly given its mix of Latin
America and silver is more appreciated in Canada and the
US.
“In terms of basic peer comparisons, I think we would be
worth more on the TSX,” Williams said. “We see analogues
with the big Canadian silver companies especially with the
bonanza hits we are getting. There are no great comparisons
on the ASX, where we are considered a gold story because
there is not much attention given to the silver.”
Argentina could also be a sticking point for some Australian
investors but with several ASX-listed companies enjoying
success of late – Allkem Ltd, Lake Resources NL and Galan
Lithium Ltd among them – those attitudes could be changing.
“We are really comfortable in Argentina,” Williams said. “A
lot of people have reservations but the flow of money from The company plans to drill 6,000m this year as it infills initial
discoveries and tests new targets
BHP [Ltd], Rio Tinto [Ltd], Fortescue [Metals Group Ltd],

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