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You guys are so well behaved.

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Quiet down before our meeting starts at

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8:30.

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» I thought maybe I was late this morning

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because everyone was here on time. So,

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>> like some friendly chitchat.

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» [clears throat]

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>> depending on which you look at it. So, um Paul is our is recording. He's our

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AV assistant today. So, Paul, we'll go

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ahead and start recording if you can.

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>> Thank you. Recording has started.

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>> All right. Thanks, Paul. I'm Elisa

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Richards, chairperson for the Utah

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Geological Survey Board, and I'd like to

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call this meeting for the Utah

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Geological Survey Board to order. It is

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now 8:30 a.m. on August 12, 2026. This

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meeting is held [clears throat] both in

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person and virtually with Google Meet in

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compliance with Utah's open meeting

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laws. This meeting is being recorded in

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its entirety. The recording is

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classified as a public record. And the

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following board members are in

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attendance. Elisa Richards, Ken Fleck,

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Becky Hammond, Neil Bert, Riley

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Ringerhoff, Michael Hansen, Rich Gordon,

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and Andy Bettingfield from

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zero board members are absent. That's

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great. The following individuals

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representing the UGS geological survey

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and the Department of Natural Resources

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are in attendance. Darling Battalion,

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Stephan Herby, W Seymour, Cheryl Wing,

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Mike Vanderberg. I know we had a couple

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more come in, but I think you're going

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to introduce us introduce them to new

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stuff. I know that's exciting. We're

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always excited to meet new staff. And

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then do we have any other guests?

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>> My name is Lacy.

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>> That's right. Okay. Welcome, Lacy. And

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um we welcome all visitors and

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interested persons. As a courtesy to

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everyone participating in this meeting,

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at this time we ask for all cell phones,

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pagers, and other electronic devices to

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be turned off or um changed to silent

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mode. Board motions and votes will be

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reflected in the minutes and recorded by

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individual board member. And let's now

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proceed with the agenda.

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>> Thank you, Madam Chair.

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If we could get our slides to change.

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Now what?

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Sorry. Excuse me. My presentation is

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being

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[snorts]

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okay. Sorry about the delay. First item

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is action items for the Okay. I um I'd

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like to uh call a motion to approve the

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minutes from the April 15 26 uh board

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meeting. Who would like to formally

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first? And who will send somebody

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second? Okay, first and second. Thank

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you. All those in favor of approving the

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minutes from the UGS board meeting April

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15, 2026, say I.

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>> I. Any opposed say no.

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>> All right. It's a unanimous decision

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that the UGS board meeting minutes from

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April 15, 2026 have been approved.

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[clears throat]

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Next item is approval of projects.

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>> All right. Um,

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oh, okay, there we go. There's our And

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we've been we've been seeing a lot of

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those come across our desk. This is

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great. I would also like to have a

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formal approval of all of the projects

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that we have reviewed since our April uh

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board meeting. All of those uh I'd like

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to have a motion to approve those.

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>> So moved.

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Ken and a second.

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>> I second.

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>> Becky, thank you. Um let's go ahead and

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have a vote. All of those who formally

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approve the contract proposals from the

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April meeting say I.

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>> I. Any oppose? Say no.

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Those all of the contract proposals

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since our April board meeting have been

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unanimously approved.

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And we're off. Thank you, chair. this

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just watching these totals here. It's

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quite a significant amount of potential

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new income um to UGS and new project

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work. Um some of these are quite large.

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This multi-state

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um

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uh geothermal. So, which kind of leads

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to our next agenda topic, which is

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opportunity to introduce a couple of our

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new staff members. So um looking at our

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project workload um particularly in the

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energy and minerals group and the

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groundwater and wetlands group we were

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very thoughtful um but have made the

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decision to hire some additional

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temporary staff. These are you know

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minimum probably couple year uh roles

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for them. So if I can take a moment I'd

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like to introduce Eton. So Eton has just

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joined our energy and minerals team.

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who's going to be working with Steph

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Mills.

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>> Um

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hang out back here. Yeah. So, um on the

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intrusive face map, do you want to just

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introduce yourself and a little bit

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about your background?

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>> Yeah. Uh so, I just graduated from

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University of Arizona where I did my

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dissertation on order closets in the

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Paradox Basin, not too far from here. Um

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I have a little bit of experience in

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industry as well working for lithium

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America's and Exxon Mobile

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short stints but uh I'm here to work

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with stiff mills and the rest of the

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energy and minerals group on the

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intrusive base map project and then help

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out a little bit with the uh BHP expport

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project as well. So put my education to

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work see.

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>> Yeah. So, welcome. And you started

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couple three weeks ago.

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>> End of June.

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Okay. So, a month. Great.

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Yeah. Really happy to have a on board.

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And then Stephen H. I

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>> Hello. Hello. I'm Stephen. I'm a Utah

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native here. Um just joined in the as

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the wetlands group. I'm working on a

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project right now with just stern where

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we're looking at the different laws that

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protect wetlands throughout the state as

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well as um developing more monitoring

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protocols with wetlands here in the

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state. Um my background um I have a

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master's degree in environmental science

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where I worked with the division of air

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quality actually um passing some some

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rules with them. Um, and then I've also

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worked as an environmental consultant

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with wetlands.

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» To be here.

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>> Yeah, thank you. Really happy to have

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you on board too as well. So, this was

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an example where I think we were looking

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for someone at kind of a lower level and

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were able to hire in somebody with more

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expertise and experience and so really

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happy to have both of you guys on board.

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So, welcome to UGS. And is this a good

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time maybe to just go around and do

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introductions? We do have a couple new

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people. We're still waiting for Brian to

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join us. Um, actually, we do have one

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more, I think. Well, we have a couple

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more staff news things, but maybe we'll

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just take a minute and do introductions.

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>> Sure. Um, or we can wait till Brian gets

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here. Is Brian gonna make it?

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>> No, he is. Sorry. Did you see my text

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message?

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>> I'm sorry. What?

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>> Did you see my text?

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>> No.

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>> Okay. So, he he did text me saying he

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had a family conflict this morning. So,

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but he will be here just a little bit

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later.

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>> A little bit later. So, we'll just move

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things around in our agenda.

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>> Okay. I was trying to text you telling

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you I was on the way and that Brian was

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on the way and sorry, we didn't

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>> I was probably working on setting up and

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chatting here. Okay, that's fine. So,

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we'll maybe we'll wait till Brian gets

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here and then we'll do introductions.

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I'll just keep going with staff news.

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Um, do you guys remember Martha Hayden?

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One of our longest, if not one of our

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longest serving

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members. Do you want to say a few words

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about Martha?

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>> You know Martha has again she had 43

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total years of state service. Uh she

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came to us when the paleo program was

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incorporated into UGS. Before that she

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was with doing paleo stuff but with

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state history. Um her time here she has

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done she's basically been the heart of

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the paleo program. She's built a

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one-of-a-kind paleo site and resource

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database for the whole state that is

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used by Settla, BLM, private folks all

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over the state to manage these

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resources. She also

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was one of the instigators and then main

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contributors to Utah Friends of

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Paleontology. That's a really active

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volunteer group. They've done all kinds

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of stuff for paleo in the state. She she

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was involved in that for I think close

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to 40 years.

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Um yeah, so she finally retired. Um we

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wish her well in her retirement, but

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yeah, it's it's going to be kind of hard

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to replace this. She's left us those

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important legacy pieces of a really

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strong Utah paleontology and then this

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one-of-a-kind data set of paleo sites in

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Utah. Um, so in the future, and I'm not

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sure if you have a slide on this, but we

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actually have a Paleo job open that has

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just closed that we'll do a hiring

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process for because she is the first of

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the Paleo folks who's going to retire

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over the next couple years. So, we'll do

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some rolling openings to replace those

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folks.

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>> Yeah, I don't really have a slide for

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this. So, um, the Paleo Group and Stefan

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have really kind of built out a

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succession roadmap. Um because coming on

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the heels of Martha retirement, Don

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DeLau, our assistant state

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paleontologist, is also planning on

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retiring at the end of the year and he

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and Jim Kirkland are like, you know, big

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brother, little brother. And so it's

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going to be tough to see Don leave. Um,

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and so what the paleo team is looking

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for is in replacing Martha, we're really

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looking for that next level of, you

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know, a paleontology,

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you know, kind of leader, co-lead for

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the state. And that job position has

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been opened and I think just closed,

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>> recently closed. We have 76 or 78. We've

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got a bunch of strong applicants. We'll

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go through a multi-stage hiring process.

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We'll hope to make a decision probably

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early or middle of September and then

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see when we can get somebody in the

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door. Um, we're being kind of

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open-minded in terms of skill sets.

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There are some things that we certainly

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need like the ability to prep fos cells

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and do field work, but we're really

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trying to find the right person for the

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next couple decades in the program and

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start that turnover process.

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So, if you're a paleontologist out there

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in the world and you see this job

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00:11:06,720 --> 00:11:09,279
opening here in Utah, it's really a kind

271
00:11:09,279 --> 00:11:11,440
of a worldass opportunity to come work

272
00:11:11,440 --> 00:11:13,360
for a state geological survey that has

273
00:11:13,360 --> 00:11:16,959
incredible paleontology resources and

274
00:11:16,959 --> 00:11:19,680
Jim and Don have really laid and Martha

275
00:11:19,680 --> 00:11:23,120
really have really laid the foundation

276
00:11:23,120 --> 00:11:25,440
um for who comes next in this role. It's

277
00:11:25,440 --> 00:11:27,519
a It's a great opportunity and

278
00:11:27,519 --> 00:11:29,920
paleontology for me personally as

279
00:11:29,920 --> 00:11:31,440
director is something that I think we

280
00:11:31,440 --> 00:11:34,240
should really be leaning into. I I think

281
00:11:34,240 --> 00:11:36,480
we could do more by our paleontology

282
00:11:36,480 --> 00:11:39,600
resources in Utah. So,

283
00:11:39,600 --> 00:11:42,000
um so yeah, we said farewell to Martha.

284
00:11:42,000 --> 00:11:44,160
She had a heck of a retirement party,

285
00:11:44,160 --> 00:11:45,040
too. She has a

286
00:11:45,040 --> 00:11:46,800
>> She did. Yeah, she has a lot of

287
00:11:46,800 --> 00:11:48,880
>> She has a big network out there.

288
00:11:48,880 --> 00:11:50,480
>> She is well loved. Yes,

289
00:11:50,480 --> 00:11:54,640
>> she was. Um service awards. We have two

290
00:11:54,640 --> 00:11:57,200
service awards to celebrate. Uh well

291
00:11:57,200 --> 00:11:58,640
actually we have a number of service

292
00:11:58,640 --> 00:12:02,959
awards to celebrate. Um Star Soul I know

293
00:12:02,959 --> 00:12:08,000
one of our uh executive assistant um who

294
00:12:08,000 --> 00:12:10,399
along with Cheryl just carries a huge

295
00:12:10,399 --> 00:12:14,079
load for UGS with almost 90 people. We

296
00:12:14,079 --> 00:12:15,760
have a lot of administrative

297
00:12:15,760 --> 00:12:19,360
responsibilities and you know they do so

298
00:12:19,360 --> 00:12:22,720
much for us. Um, Star's been here for,

299
00:12:22,720 --> 00:12:24,959
it's hard to believe, but for 20 years.

300
00:12:24,959 --> 00:12:27,279
Um, Cheryl's got her beat by what, a

301
00:12:27,279 --> 00:12:29,200
couple, eight,

302
00:12:29,200 --> 00:12:31,200
>> eight, almost 20 years.

303
00:12:31,200 --> 00:12:34,000
>> Oh my gosh. So, we're really lucky to

304
00:12:34,000 --> 00:12:35,200
have that kind of institutional

305
00:12:35,200 --> 00:12:39,120
knowledge and longevity for us. Um, she

306
00:12:39,120 --> 00:12:41,040
helps our team out every day. And then

307
00:12:41,040 --> 00:12:44,639
Steph Carney, um, our lead editor, uh,

308
00:12:44,639 --> 00:12:46,720
who combs through all of our

309
00:12:46,720 --> 00:12:49,680
publications and survey notes, articles,

310
00:12:49,680 --> 00:12:51,440
um, and does a great job for us. She's

311
00:12:51,440 --> 00:12:54,240
written our style guide. Um, she takes

312
00:12:54,240 --> 00:12:58,000
great care of all of our publications.

313
00:12:58,000 --> 00:13:00,880
Some five-year service awards. Uh,

314
00:13:00,880 --> 00:13:03,279
Jackson Smith is part of our geologic

315
00:13:03,279 --> 00:13:06,399
information and outreach group. He for a

316
00:13:06,399 --> 00:13:09,920
long time has been focused on education.

317
00:13:09,920 --> 00:13:12,160
um particularly earth science week and

318
00:13:12,160 --> 00:13:14,959
that kind of thing. We've asked our GIO

319
00:13:14,959 --> 00:13:17,680
team to do more in terms of public

320
00:13:17,680 --> 00:13:19,519
outreach. So he's really helped us move

321
00:13:19,519 --> 00:13:23,200
into conference planning um outreach for

322
00:13:23,200 --> 00:13:25,680
our geologic hazards as we publish maps

323
00:13:25,680 --> 00:13:27,440
and really need to connect with local

324
00:13:27,440 --> 00:13:29,760
communities. So he's been kind of a

325
00:13:29,760 --> 00:13:32,560
go-to guy for me in those efforts as

326
00:13:32,560 --> 00:13:34,320
well and I really appreciate him. He's a

327
00:13:34,320 --> 00:13:38,800
great communicator. Um Troy Duncan is um

328
00:13:38,800 --> 00:13:43,920
a geo tech I believe um in our hazards

329
00:13:43,920 --> 00:13:46,800
group and has also really been expanding

330
00:13:46,800 --> 00:13:48,800
her capabilities. She's a drone pilot

331
00:13:48,800 --> 00:13:51,519
now. She's helping with landslide stuff.

332
00:13:51,519 --> 00:13:53,360
She recently pitched a proposal to us

333
00:13:53,360 --> 00:13:54,880
and did a great job. She's kind of

334
00:13:54,880 --> 00:13:58,399
building the budget um for that. Um so

335
00:13:58,399 --> 00:13:59,839
she's been here for five years. And then

336
00:13:59,839 --> 00:14:01,760
Kayla Smith is in our energy and

337
00:14:01,760 --> 00:14:03,279
minerals group. Mike, do you want to say

338
00:14:03,279 --> 00:14:06,160
a word about what Kayla's working on?

339
00:14:06,160 --> 00:14:09,040
uh she's slotted under our geothermal

340
00:14:09,040 --> 00:14:12,639
geopysics team. So does a lot of

341
00:14:12,639 --> 00:14:17,920
geoysics fieldwork, gravity, TN mg

342
00:14:17,920 --> 00:14:20,480
um and then also takes that data, does a

343
00:14:20,480 --> 00:14:22,000
lot of the processing and

344
00:14:22,000 --> 00:14:23,519
interpretation.

345
00:14:23,519 --> 00:14:26,160
Uh she's a drone pilot, does a lot of

346
00:14:26,160 --> 00:14:31,990
drone work, drone based LAR,

347
00:14:32,000 --> 00:14:37,829
Jess.

348
00:14:37,839 --> 00:14:39,839
» Thank you.

349
00:14:39,839 --> 00:14:42,399
And then 10 years for Jen Miller, our

350
00:14:42,399 --> 00:14:45,440
lead graphics designer and publications

351
00:14:45,440 --> 00:14:48,639
manager, um who again is an integral

352
00:14:48,639 --> 00:14:51,360
asset for everything that goes out the

353
00:14:51,360 --> 00:14:53,920
door. She she makes it look good. Her

354
00:14:53,920 --> 00:14:56,639
team makes it look good. Uh she does our

355
00:14:56,639 --> 00:14:58,160
calendar

356
00:14:58,160 --> 00:15:00,880
um survey notes. We're working on an

357
00:15:00,880 --> 00:15:05,120
annual report. So um again, just a huge

358
00:15:05,120 --> 00:15:08,160
integral part of our work. We talk a lot

359
00:15:08,160 --> 00:15:10,880
about the science that we do. We often

360
00:15:10,880 --> 00:15:13,120
don't talk enough about the people who

361
00:15:13,120 --> 00:15:15,600
are kind of behind the scenes um making

362
00:15:15,600 --> 00:15:18,160
that science accessible to everybody

363
00:15:18,160 --> 00:15:22,160
that we reach. So appreciate

364
00:15:22,160 --> 00:15:24,639
And then 15 years for two of our

365
00:15:24,639 --> 00:15:26,639
geoccientists, Adam Hiscocock. Adam

366
00:15:26,639 --> 00:15:28,720
Hiscocock is in our geological hazards

367
00:15:28,720 --> 00:15:31,120
group. He is one of our lead earthquake

368
00:15:31,120 --> 00:15:34,079
scientists. Um both field and in terms

369
00:15:34,079 --> 00:15:36,240
of publication, he supported the Utah

370
00:15:36,240 --> 00:15:38,639
Seismic Safety Commission kind of as the

371
00:15:38,639 --> 00:15:40,959
commission secretary. He's recently

372
00:15:40,959 --> 00:15:43,680
stepped into a role with the Utah

373
00:15:43,680 --> 00:15:45,040
Earthquake Engineering Research

374
00:15:45,040 --> 00:15:47,040
Institute. Again, as a secretary, he's

375
00:15:47,040 --> 00:15:49,199
pretty connected out there. Um great

376
00:15:49,199 --> 00:15:51,519
field geologist. we recently promoted

377
00:15:51,519 --> 00:15:55,759
him to a senior geologist. Um, and I

378
00:15:55,759 --> 00:15:57,279
think he's on a Colorado River trip

379
00:15:57,279 --> 00:16:00,000
right now. And then Christian Hardwick,

380
00:16:00,000 --> 00:16:02,399
who's been leading, you know, leader in

381
00:16:02,399 --> 00:16:04,000
our energy and minerals team. He's

382
00:16:04,000 --> 00:16:06,160
really leading out on our geohysical, I

383
00:16:06,160 --> 00:16:09,680
mean our geothermal work. Um,

384
00:16:09,680 --> 00:16:10,959
anything else you want to add about

385
00:16:10,959 --> 00:16:14,959
Christian? Um Christian has a huge

386
00:16:14,959 --> 00:16:16,800
breadth of knowledge when it comes to

387
00:16:16,800 --> 00:16:18,880
geophysics, surface geophysical

388
00:16:18,880 --> 00:16:23,120
techniques. He many of those 15 years he

389
00:16:23,120 --> 00:16:24,720
was kind of working behind the scenes in

390
00:16:24,720 --> 00:16:27,199
the geothermal world before geothermal

391
00:16:27,199 --> 00:16:28,420
exploded the last few years.

392
00:16:28,420 --> 00:16:29,600
[clears throat]

393
00:16:29,600 --> 00:16:32,560
And a lot of that foundational work is

394
00:16:32,560 --> 00:16:35,360
being used today by geothermal companies

395
00:16:35,360 --> 00:16:38,079
in Utah. Like Furbo is drilling in the

396
00:16:38,079 --> 00:16:40,639
Black Rock Desert based on work that

397
00:16:40,639 --> 00:16:44,639
Christian did 10 years ago. Um and so

398
00:16:44,639 --> 00:16:46,480
it's nice to see him kind of more

399
00:16:46,480 --> 00:16:50,560
elevated now and he's been extremely

400
00:16:50,560 --> 00:16:54,240
successful in getting very large DOE

401
00:16:54,240 --> 00:16:56,240
funded projects. He was instrumental in

402
00:16:56,240 --> 00:16:58,240
us getting the very large geothermal

403
00:16:58,240 --> 00:17:02,079
building block from the legislature. So

404
00:17:02,079 --> 00:17:04,160
yeah, he's really [clears throat]

405
00:17:04,160 --> 00:17:06,480
stepped up and it's fun to see him

406
00:17:06,480 --> 00:17:08,319
finally get some recognition for all the

407
00:17:08,319 --> 00:17:10,559
work he's done many years.

408
00:17:10,559 --> 00:17:13,120
>> Yeah, geothermal is having a moment kind

409
00:17:13,120 --> 00:17:16,221
of like critical minerals. So um

410
00:17:16,221 --> 00:17:16,799
[clears throat]

411
00:17:16,799 --> 00:17:20,319
and and again you know Christian's uh

412
00:17:20,319 --> 00:17:23,600
project workload has become

413
00:17:23,600 --> 00:17:26,160
um robust enough that we're additionally

414
00:17:26,160 --> 00:17:29,440
looking to hire someone to support him

415
00:17:29,440 --> 00:17:37,669
in that role as well. So

416
00:17:37,679 --> 00:17:40,559
» geothermal geopysics

417
00:17:40,559 --> 00:17:45,510
person hopefully soon

418
00:17:45,520 --> 00:17:47,760
So again, you know, these new hires that

419
00:17:47,760 --> 00:17:50,880
we've made are really intentional. You

420
00:17:50,880 --> 00:17:52,720
know, we've looked at our staff

421
00:17:52,720 --> 00:17:54,640
bandwidth. We've looked at the amount of

422
00:17:54,640 --> 00:17:57,120
grant funding that has come in to be

423
00:17:57,120 --> 00:17:59,120
able to execute that work. We're really

424
00:17:59,120 --> 00:18:02,000
careful about hiring and that work, you

425
00:18:02,000 --> 00:18:04,000
know, has long legs. Those, you know,

426
00:18:04,000 --> 00:18:06,080
budget numbers are pushing out two to

427
00:18:06,080 --> 00:18:08,480
three years. And we really do want to be

428
00:18:08,480 --> 00:18:10,799
intentional about hiring. So, you know,

429
00:18:10,799 --> 00:18:14,080
the addition of Stephen of Eton of the

430
00:18:14,080 --> 00:18:16,720
geothermal project geologist

431
00:18:16,720 --> 00:18:19,840
um and our our paleontology replacement,

432
00:18:19,840 --> 00:18:21,440
you know, have been pretty well thought

433
00:18:21,440 --> 00:18:24,080
out here. But, um we're also excited to

434
00:18:24,080 --> 00:18:26,559
add to our team geothermal the

435
00:18:26,559 --> 00:18:28,799
geothermal work that is out there, the

436
00:18:28,799 --> 00:18:30,559
minerals work that is out there, the

437
00:18:30,559 --> 00:18:32,160
groundwater and wetlands work that is

438
00:18:32,160 --> 00:18:33,679
out there. You know, that is what the

439
00:18:33,679 --> 00:18:36,640
state is asking from us and the funding

440
00:18:36,640 --> 00:18:38,960
is out there. So, let's do the good

441
00:18:38,960 --> 00:18:41,280
science and bring the people in to to

442
00:18:41,280 --> 00:18:43,840
get it done.

443
00:18:43,840 --> 00:18:47,120
Uh, next in my slide deck was um

444
00:18:47,120 --> 00:18:49,280
welcoming Brian Summers, the executive

445
00:18:49,280 --> 00:18:51,919
director of the Utah Mining Association.

446
00:18:51,919 --> 00:18:53,840
So, he'll be here. He's just running

447
00:18:53,840 --> 00:18:56,559
late. So, if you don't mind, should I

448
00:18:56,559 --> 00:18:58,559
just continue with [laughter] the

449
00:18:58,559 --> 00:18:59,760
director's report?

450
00:18:59,760 --> 00:19:00,960
>> Yes.

451
00:19:00,960 --> 00:19:02,799
>> Thank you. So, we'll come back to that

452
00:19:02,799 --> 00:19:05,520
when I arise and we'll do introductions

453
00:19:05,520 --> 00:19:07,520
when it gets here, too. Okay. So, I'll

454
00:19:07,520 --> 00:19:08,080
just

455
00:19:08,080 --> 00:19:12,160
>> Have you hired the uh the new mapping?

456
00:19:12,160 --> 00:19:12,960
>> He did. Yeah.

457
00:19:12,960 --> 00:19:13,760
>> Oh, that's right.

458
00:19:13,760 --> 00:19:16,720
>> Yeah. He doesn't. So, we hired uh David

459
00:19:16,720 --> 00:19:19,200
Kenova. It was a lengthy process, very

460
00:19:19,200 --> 00:19:21,840
competitive. Um he's he'll be joining us

461
00:19:21,840 --> 00:19:24,320
after completing his PhD.

462
00:19:24,320 --> 00:19:28,799
Uh he's he's got mapping skills at

463
00:19:28,799 --> 00:19:31,440
various scales, regional uh

464
00:19:31,440 --> 00:19:33,280
cross-sections,

465
00:19:33,280 --> 00:19:35,440
strategraphy. He's an interesting

466
00:19:35,440 --> 00:19:38,799
candidate. Um he's a he's a native of

467
00:19:38,799 --> 00:19:40,880
the inner mountain west. Went to Fort

468
00:19:40,880 --> 00:19:43,600
Lewis College I think initially and then

469
00:19:43,600 --> 00:19:46,320
has did a master's did a masters and

470
00:19:46,320 --> 00:19:48,320
then he's completing a PhD in kind of

471
00:19:48,320 --> 00:19:50,160
salt tectonic stuff

472
00:19:50,160 --> 00:19:51,039
>> in Spain.

473
00:19:51,039 --> 00:19:52,640
Yeah.

474
00:19:52,640 --> 00:19:56,160
>> He'll be joining us in early October.

475
00:19:56,160 --> 00:19:58,640
And his the goal his focal his focus

476
00:19:58,640 --> 00:20:00,799
area will be the Utah's west desert

477
00:20:00,799 --> 00:20:03,679
basically. And the point of getting him

478
00:20:03,679 --> 00:20:06,080
here now is to overlap with Don Clark

479
00:20:06,080 --> 00:20:09,360
who will be retiring in the future.

480
00:20:09,360 --> 00:20:11,600
>> Yes. So that big big scale mapping,

481
00:20:11,600 --> 00:20:14,080
right? So one of the things I was really

482
00:20:14,080 --> 00:20:17,360
intrigued about with David Kenova as a

483
00:20:17,360 --> 00:20:19,360
potential hireer is he spent some time

484
00:20:19,360 --> 00:20:23,919
as a USGS map editor. Is that his role?

485
00:20:23,919 --> 00:20:27,039
>> Mappings and publication skills are just

486
00:20:27,039 --> 00:20:29,520
incredible. Like his maps are beautiful

487
00:20:29,520 --> 00:20:32,400
products. like he understands that and I

488
00:20:32,400 --> 00:20:34,720
think having him come into our mapping

489
00:20:34,720 --> 00:20:37,679
and even our GIS team may level us up a

490
00:20:37,679 --> 00:20:40,159
bit right in terms of what we do and and

491
00:20:40,159 --> 00:20:41,919
what we're able to produce. So it'll be

492
00:20:41,919 --> 00:20:43,600
exciting to see I think he's going to

493
00:20:43,600 --> 00:20:45,280
integrate into our mapping team really

494
00:20:45,280 --> 00:20:49,270
well.

495
00:20:49,280 --> 00:20:54,000
» Speaking of publications then um let's

496
00:20:54,000 --> 00:20:56,000
go through them because it's been a busy

497
00:20:56,000 --> 00:20:59,600
time since we last met. uh survey notes

498
00:20:59,600 --> 00:21:02,559
came out recently and we actually are

499
00:21:02,559 --> 00:21:04,400
working on our next issue of survey

500
00:21:04,400 --> 00:21:07,120
notes right now. That will be the last

501
00:21:07,120 --> 00:21:10,240
uh September issue of survey notes I

502
00:21:10,240 --> 00:21:12,000
think that we'll do. We're going to

503
00:21:12,000 --> 00:21:14,080
start reducing the number of survey

504
00:21:14,080 --> 00:21:16,720
notes and putting out an annual report

505
00:21:16,720 --> 00:21:20,400
in December I believe is our target. And

506
00:21:20,400 --> 00:21:22,799
that's really a document that we can tee

507
00:21:22,799 --> 00:21:26,080
up for the legislature um to kind of

508
00:21:26,080 --> 00:21:28,960
showcase what UGS has been working on

509
00:21:28,960 --> 00:21:30,640
through the year and help the

510
00:21:30,640 --> 00:21:33,360
legislature understand our role and how

511
00:21:33,360 --> 00:21:35,600
we put the money that they give us to

512
00:21:35,600 --> 00:21:39,679
use. Uh statewide inventory of Utah's

513
00:21:39,679 --> 00:21:42,400
significant mine waste features. So this

514
00:21:42,400 --> 00:21:45,440
was a large compilation took kind of a

515
00:21:45,440 --> 00:21:48,240
super team of GIS

516
00:21:48,240 --> 00:21:50,400
um folks as well as Claire Decker to put

517
00:21:50,400 --> 00:21:53,120
together all of the mind waste features.

518
00:21:53,120 --> 00:21:55,679
Mike, is that like a single map with a

519
00:21:55,679 --> 00:21:58,240
supporting document?

520
00:21:58,240 --> 00:22:01,200
So that's um that's basically a GIS

521
00:22:01,200 --> 00:22:03,039
compilation of all the we use

522
00:22:03,039 --> 00:22:04,960
significant mine waste features in the

523
00:22:04,960 --> 00:22:07,679
state and we paired that with as much um

524
00:22:07,679 --> 00:22:10,320
mineral occurrence data that we have so

525
00:22:10,320 --> 00:22:12,320
that we can there's a lot of disclaimer

526
00:22:12,320 --> 00:22:14,240
language in the report but so that we

527
00:22:14,240 --> 00:22:17,200
can provide a very high level um

528
00:22:17,200 --> 00:22:19,360
inventory of where mine waste is and

529
00:22:19,360 --> 00:22:21,280
what could potentially be in it for

530
00:22:21,280 --> 00:22:23,120
people who are interested in it for a

531
00:22:23,120 --> 00:22:25,520
whole variety of reasons. So Claire did

532
00:22:25,520 --> 00:22:27,679
a great job on this. I think this will

533
00:22:27,679 --> 00:22:29,600
be one of our one of the foundational

534
00:22:29,600 --> 00:22:31,760
data sets that we kind of use and that

535
00:22:31,760 --> 00:22:33,760
we get asked for quite a lot. So, we're

536
00:22:33,760 --> 00:22:36,159
very excited to have more fun.

537
00:22:36,159 --> 00:22:37,600
>> We will be very interested.

538
00:22:37,600 --> 00:22:39,120
>> Yeah. Okay. I [laughter] didn't even see

539
00:22:39,120 --> 00:22:41,039
that. I'm looking at the back of my head

540
00:22:41,039 --> 00:22:44,390
most of the time.

541
00:22:44,400 --> 00:22:47,520
» Awesome. A pilot study to eval to

542
00:22:47,520 --> 00:22:49,919
evaluate measurement of evapo

543
00:22:49,919 --> 00:22:52,080
transformation in fragmite stand

544
00:22:52,080 --> 00:22:54,960
farmington bay. So if you follow the

545
00:22:54,960 --> 00:22:58,000
great salt lake news, eggies is an

546
00:22:58,000 --> 00:23:02,720
invasive reed. It has taken over tens of

547
00:23:02,720 --> 00:23:05,039
thousands of acres probably along the

548
00:23:05,039 --> 00:23:06,799
edge of the great salt lake and it

549
00:23:06,799 --> 00:23:10,480
consumes a great deal of water. And so

550
00:23:10,480 --> 00:23:12,159
one of the issues with trying to get

551
00:23:12,159 --> 00:23:13,840
water to the Great Salt Lake is that

552
00:23:13,840 --> 00:23:15,919
these stands of fragmitees are in the

553
00:23:15,919 --> 00:23:20,640
way. Um, and so, uh, our our groundwater

554
00:23:20,640 --> 00:23:22,640
wetlands teams have been installing

555
00:23:22,640 --> 00:23:25,679
these really cool flux towers. They're

556
00:23:25,679 --> 00:23:28,159
called Eddie co-variance towers. This is

557
00:23:28,159 --> 00:23:29,760
something that Paul Inc. Brandt has been

558
00:23:29,760 --> 00:23:31,840
leading out. They're super technical.

559
00:23:31,840 --> 00:23:34,480
Um, there is a nationwide flux network

560
00:23:34,480 --> 00:23:36,720
that the data gets kind of shared out

561
00:23:36,720 --> 00:23:39,919
to. Um but installing one in a stand of

562
00:23:39,919 --> 00:23:42,640
fragmitees allowed them to try to get a

563
00:23:42,640 --> 00:23:44,559
better handle on the actual

564
00:23:44,559 --> 00:23:47,200
evapotranspiration rate of fragmitees

565
00:23:47,200 --> 00:23:49,280
which is tied to how much water it

566
00:23:49,280 --> 00:23:52,559
actually consumes. Um it's a managing

567
00:23:52,559 --> 00:23:55,440
fragmitees and treating it has been a

568
00:23:55,440 --> 00:23:58,880
inter agency effort. It's forestry fire

569
00:23:58,880 --> 00:24:00,240
and state lands. It's wildlife

570
00:24:00,240 --> 00:24:02,720
resources. It's our information on the

571
00:24:02,720 --> 00:24:05,440
data side. And so this data really

572
00:24:05,440 --> 00:24:09,360
matters to the uh efforts to treat and

573
00:24:09,360 --> 00:24:13,600
eradicate fragmitees. Um the TLDDR

574
00:24:13,600 --> 00:24:17,039
version of this is it does use less

575
00:24:17,039 --> 00:24:18,559
water than we thought. We thought it

576
00:24:18,559 --> 00:24:21,279
used four times the amount of water as

577
00:24:21,279 --> 00:24:24,640
maybe a more typical wetland vegetation.

578
00:24:24,640 --> 00:24:26,880
It's more probably in the range of two

579
00:24:26,880 --> 00:24:30,320
to three times as much water. Um but

580
00:24:30,320 --> 00:24:32,640
that's still a lot. I think the actual

581
00:24:32,640 --> 00:24:36,400
data point was 36 inches a year of water

582
00:24:36,400 --> 00:24:38,159
that it consumes which if you look at

583
00:24:38,159 --> 00:24:40,559
how dense a stand of fragmitees is and

584
00:24:40,559 --> 00:24:42,640
there are photos of these stands in this

585
00:24:42,640 --> 00:24:45,520
report that's still a lot of water. So

586
00:24:45,520 --> 00:24:47,600
in my book uh for restoration of the

587
00:24:47,600 --> 00:24:49,760
great salt lake fragmitees is public

588
00:24:49,760 --> 00:24:53,279
enemy number one. Um and this study will

589
00:24:53,279 --> 00:24:56,960
go a long ways I think to try to help um

590
00:24:56,960 --> 00:24:58,960
manage it.

591
00:24:58,960 --> 00:25:00,799
And then here come the state map

592
00:25:00,799 --> 00:25:03,279
deliverables. Right. You want to kind of

593
00:25:03,279 --> 00:25:05,600
go through these Mills Junction. This

594
00:25:05,600 --> 00:25:07,760
was Emily's

595
00:25:07,760 --> 00:25:10,720
and Adam's map.

596
00:25:10,720 --> 00:25:13,360
>> Yeah. So, so we uh in the board the

597
00:25:13,360 --> 00:25:16,320
descriptive packet we I describe our

598
00:25:16,320 --> 00:25:18,400
this the full trench of deliverables

599
00:25:18,400 --> 00:25:19,679
basically that we

600
00:25:19,679 --> 00:25:22,159
>> we provided USGS at the end of June. We

601
00:25:22,159 --> 00:25:24,000
delivered on time for the third straight

602
00:25:24,000 --> 00:25:27,279
year. We published more of our maps than

603
00:25:27,279 --> 00:25:29,919
ever before. Uh we also included more

604
00:25:29,919 --> 00:25:33,279
digital data than ever before. Um so

605
00:25:33,279 --> 00:25:34,640
let's see. We started off with Mills

606
00:25:34,640 --> 00:25:36,240
Junction. That's in Tula Valley.

607
00:25:36,240 --> 00:25:38,799
Includes a bunch of the Great Salt Lake.

608
00:25:38,799 --> 00:25:41,039
It's basically all lustr deposits.

609
00:25:41,039 --> 00:25:42,559
There's one little piece of bedrock and

610
00:25:42,559 --> 00:25:44,559
smolder basin fill, but it's all lustr

611
00:25:44,559 --> 00:25:46,720
deposits from very, very young up

612
00:25:46,720 --> 00:25:49,760
through Bonavville age. Uh let's see,

613
00:25:49,760 --> 00:25:51,440
north part of Real Creek. This was a

614
00:25:51,440 --> 00:25:53,760
trainer quad for Keely. She did a great

615
00:25:53,760 --> 00:25:55,760
job on this. Uh this includes part of

616
00:25:55,760 --> 00:25:58,320
Castle Valley in the Sand Flats wreck

617
00:25:58,320 --> 00:26:01,440
area. Um it it actually is a nice map

618
00:26:01,440 --> 00:26:03,440
for hazard stuff going forward. This is

619
00:26:03,440 --> 00:26:06,320
a this is a well-loved and used area.

620
00:26:06,320 --> 00:26:08,880
This will help folks manage that area.

621
00:26:08,880 --> 00:26:11,679
Uh then we had a kind of a cleanup map

622
00:26:11,679 --> 00:26:14,880
on Santa Quinn. This was a piece of work

623
00:26:14,880 --> 00:26:17,679
that Adams had out there for a while. Um

624
00:26:17,679 --> 00:26:19,600
I'm a contributor on there as well. And

625
00:26:19,600 --> 00:26:22,799
then Ron Harris from BYU. It's a really

626
00:26:22,799 --> 00:26:25,919
cool map. Um complicated severe

627
00:26:25,919 --> 00:26:29,840
structure was fault stuff. Bonavville

628
00:26:29,840 --> 00:26:35,679
and some volcanics. Um Old Jetto. That's our first map for the Navajo

629
00:26:35,679 --> 00:26:38,480
Nation. So that's down just east of

630
00:26:38,480 --> 00:26:40,480
Monument Valley. This was we went down

631
00:26:40,480 --> 00:26:41,919
to them and asked what they wanted. We

632
00:26:41,919 --> 00:26:43,520
did this map to help them with water

633
00:26:43,520 --> 00:26:47,279
resources. That's uh Matthew's first map

634
00:26:47,279 --> 00:26:49,120
down there. We also have a we had a

635
00:26:49,120 --> 00:26:50,720
press release that just came out

636
00:26:50,720 --> 00:26:53,120
yesterday afternoon that shared with the

637
00:26:53,120 --> 00:26:55,360
USGS and the Navajo Nation about this

638
00:26:55,360 --> 00:26:57,600
map because it's unique. So kind of some

639
00:26:57,600 --> 00:26:59,679
national level press on that one.

640
00:26:59,679 --> 00:27:01,520
>> Are we going to see that on our channel?

641
00:27:01,520 --> 00:27:02,960
>> We are. Yeah, we'll talk about that. We

642
00:27:02,960 --> 00:27:05,200
we're basically going to do a field

643
00:27:05,200 --> 00:27:06,960
review of that map on that first day of

644
00:27:06,960 --> 00:27:10,159
the field trip. Um the next one, the

645
00:27:10,159 --> 00:27:12,480
geologic map of Bryce, that's another

646
00:27:12,480 --> 00:27:14,640
wonderful map. It'll it'll help folks

647
00:27:14,640 --> 00:27:16,960
manage the resources down there. It's

648
00:27:16,960 --> 00:27:18,640
already really popular. It's been like

649
00:27:18,640 --> 00:27:20,480
our most downloaded map and one of our

650
00:27:20,480 --> 00:27:22,559
most downloaded publications since it

651
00:27:22,559 --> 00:27:23,840
came out. It's got a great

652
00:27:23,840 --> 00:27:25,840
cross-section, great pictures, strap

653
00:27:25,840 --> 00:27:27,279
columns. It's a neat map.

654
00:27:27,279 --> 00:27:28,960
>> Geological hazards that were mapped as

655
00:27:28,960 --> 00:27:30,320
part of this that should really help the

656
00:27:30,320 --> 00:27:33,200
park managers as well. So,

657
00:27:33,200 --> 00:27:35,279
>> but a gorgeous map and that that also

658
00:27:35,279 --> 00:27:37,679
will build into a piece of work that we

659
00:27:37,679 --> 00:27:39,200
hope to complete in the next fiscal

660
00:27:39,200 --> 00:27:41,120
year, which is a revised geologic map of

661
00:27:41,120 --> 00:27:43,919
the whole park of Bryce.

662
00:27:43,919 --> 00:27:47,360
Um, geez. [clears throat] Wow. This is a

663
00:27:47,360 --> 00:27:47,840
stack.

664
00:27:47,840 --> 00:27:51,679
>> Yeah. Uh, this first one is a outside

665
00:27:51,679 --> 00:27:53,200
publication.

666
00:27:53,200 --> 00:27:55,039
Um,

667
00:27:55,039 --> 00:27:57,679
so was one of our

668
00:27:57,679 --> 00:28:01,919
was somebody a contributor on this from

669
00:28:01,919 --> 00:28:05,840
Um, so Christine and Scott are at USGS

670
00:28:05,840 --> 00:28:08,399
here in town water

671
00:28:08,399 --> 00:28:11,440
science center. Um, and the Great Salt

672
00:28:11,440 --> 00:28:15,520
Lake Solenity Advisory Committee, Andrew

673
00:28:15,520 --> 00:28:18,159
and Elliot participate on that.

674
00:28:18,159 --> 00:28:18,480
>> Sorry,

675
00:28:18,480 --> 00:28:19,840
>> I didn't realize this was in the middle

676
00:28:19,840 --> 00:28:21,440
state map. So,

677
00:28:21,440 --> 00:28:23,919
>> that's okay. Um, Woodland was another

678
00:28:23,919 --> 00:28:26,240
one. That's one of Lauren's quads. So

679
00:28:26,240 --> 00:28:28,799
now we have new mapping that covers

680
00:28:28,799 --> 00:28:30,720
basically the areas that are most likely

681
00:28:30,720 --> 00:28:32,559
to be developed in Summit County coming

682
00:28:32,559 --> 00:28:35,039
up. One of the adjoining quads has been

683
00:28:35,039 --> 00:28:37,919
consistently used by con consultants.

684
00:28:37,919 --> 00:28:40,159
The woodland quad's really cool. It's

685
00:28:40,159 --> 00:28:41,760
got kind of the tip out of the south

686
00:28:41,760 --> 00:28:45,200
flank fault that bounds the really neat

687
00:28:45,200 --> 00:28:47,279
structure, some cool strategraphy,

688
00:28:47,279 --> 00:28:49,120
volcanics. Warren did a great job. It

689
00:28:49,120 --> 00:28:51,120
also has that quad's really cool. It's

690
00:28:51,120 --> 00:28:53,279
got these what look like really old

691
00:28:53,279 --> 00:28:56,080
glacial deposits. of things that are uh

692
00:28:56,080 --> 00:28:58,960
pre kind of B lake age they're way up

693
00:28:58,960 --> 00:29:01,200
high we're working on some uh some folks

694
00:29:01,200 --> 00:29:02,640
from University of Minnesota trying to

695
00:29:02,640 --> 00:29:05,200
get those dated could be a cool story

696
00:29:05,200 --> 00:29:08,480
there summit quad uh that includes part

697
00:29:08,480 --> 00:29:10,559
of the Powan Valley and adjoining

698
00:29:10,559 --> 00:29:12,559
uplands that's a map that t that's been

699
00:29:12,559 --> 00:29:14,080
rolling around for a little while Tyler

700
00:29:14,080 --> 00:29:16,880
finally published

701
00:29:16,880 --> 00:29:18,720
let's see north Ogden that's another one

702
00:29:18,720 --> 00:29:20,320
that's been rolling around that's got

703
00:29:20,320 --> 00:29:23,120
some really complicated uh severe belt

704
00:29:23,120 --> 00:29:25,840
structures And then a bunch of

705
00:29:25,840 --> 00:29:28,960
Bonavville stuff, Wasach fault stuff and

706
00:29:28,960 --> 00:29:31,440
big liquefaction features too. So it'll

707
00:29:31,440 --> 00:29:33,520
be real important for hazard kind of

708
00:29:33,520 --> 00:29:36,720
mitigation stuff.

709
00:29:36,720 --> 00:29:39,760
>> Awesome. Could you remind me the term

710
00:29:39,760 --> 00:29:41,760
interim applied to all these? What does

711
00:29:41,760 --> 00:29:42,240
that

712
00:29:42,240 --> 00:29:44,720
>> So we Well, that actually builds into

713
00:29:44,720 --> 00:29:46,080
something else that we're working on in

714
00:29:46,080 --> 00:29:48,000
mapping. It's kind of revising how we

715
00:29:48,000 --> 00:29:50,080
publish or map the actual publication

716
00:29:50,080 --> 00:29:52,559
titles. We use interim. We've used that

717
00:29:52,559 --> 00:29:54,720
to say that this isn't final. We It has

718
00:29:54,720 --> 00:29:56,799
known issues that we didn't address yet.

719
00:29:56,799 --> 00:29:58,960
And sometimes those are outstanding lab

720
00:29:58,960 --> 00:30:01,360
work. Sometimes there's known problems

721
00:30:01,360 --> 00:30:03,279
that we haven't figured out yet. We

722
00:30:03,279 --> 00:30:04,880
don't feel that it's final. And that's

723
00:30:04,880 --> 00:30:06,720
why it's an OFR. We are looking at kind

724
00:30:06,720 --> 00:30:08,240
of changing this and going to more of a

725
00:30:08,240 --> 00:30:10,559
versioned map series. So if you look at

726
00:30:10,559 --> 00:30:12,399
the quality of these interim maps,

727
00:30:12,399 --> 00:30:14,960
they're every bit equivalent to our old

728
00:30:14,960 --> 00:30:17,039
final maps. That makes sense. So there's

729
00:30:17,039 --> 00:30:19,120
really no re, you know, we'll probably

730
00:30:19,120 --> 00:30:20,640
move into a mode where we're not doing

731
00:30:20,640 --> 00:30:22,960
as many open file maps in the future.

732
00:30:22,960 --> 00:30:24,799
We're doing a map series map that then

733
00:30:24,799 --> 00:30:27,200
gets versioned and updated as like lab

734
00:30:27,200 --> 00:30:29,360
data comes in or we figure out a given

735
00:30:29,360 --> 00:30:30,559
area.

736
00:30:30,559 --> 00:30:33,679
>> Okay. And the OFR that's like your first

737
00:30:33,679 --> 00:30:35,840
um draft.

738
00:30:35,840 --> 00:30:37,120
>> Yeah, it's the first draft.

739
00:30:37,120 --> 00:30:37,520
>> Okay.

740
00:30:37,520 --> 00:30:41,120
>> Yeah. But like I say, these these first

741
00:30:41,120 --> 00:30:42,880
drafts these days, these have all those

742
00:30:42,880 --> 00:30:44,640
are DM. So they all have full digital

743
00:30:44,640 --> 00:30:47,440
data. the quality of these products is

744
00:30:47,440 --> 00:30:49,679
it's in many times greater than what we

745
00:30:49,679 --> 00:30:51,360
were doing like 15 years ago for our

746
00:30:51,360 --> 00:30:53,600
final publications. So, it's time to

747
00:30:53,600 --> 00:30:55,279
it's an instance where we I think we

748
00:30:55,279 --> 00:30:57,679
need to adjust our publication series a

749
00:30:57,679 --> 00:30:59,120
little bit to fit what we're actually

750
00:30:59,120 --> 00:31:00,320
doing.

751
00:31:00,320 --> 00:31:02,559
>> Is there a timeline associated with

752
00:31:02,559 --> 00:31:04,320
that? So, you identify something as an

753
00:31:04,320 --> 00:31:07,200
OFR report. Are you trying to get it

754
00:31:07,200 --> 00:31:09,200
finalized within like five years, 10

755
00:31:09,200 --> 00:31:09,679
years?

756
00:31:09,679 --> 00:31:11,919
>> That's one that's one of the issues.

757
00:31:11,919 --> 00:31:12,720
>> Question.

758
00:31:12,720 --> 00:31:14,559
>> That's a great question. So for these

759
00:31:14,559 --> 00:31:16,640
for maps to meet our contract

760
00:31:16,640 --> 00:31:18,240
requirement, we just have to publish.

761
00:31:18,240 --> 00:31:20,159
They don't care whether it's an OFR, map

762
00:31:20,159 --> 00:31:21,679
series or whatever we want to call it.

763
00:31:21,679 --> 00:31:24,799
We just have to publish. So that leaves

764
00:31:24,799 --> 00:31:26,640
us in a position when we publish these

765
00:31:26,640 --> 00:31:28,080
things. It's hard to come back to them,

766
00:31:28,080 --> 00:31:29,840
right? It's hard to get money for it.

767
00:31:29,840 --> 00:31:32,000
Many of these OFRs need a small amount

768
00:31:32,000 --> 00:31:34,960
of work. They need like a few weeks of

769
00:31:34,960 --> 00:31:36,960
work. It's hard to get money for that.

770
00:31:36,960 --> 00:31:39,679
And thereby, it's also hard to plan for

771
00:31:39,679 --> 00:31:41,760
it. You know, it's hard to say, oh this

772
00:31:41,760 --> 00:31:43,840
year versus two years or five years or

773
00:31:43,840 --> 00:31:45,039
whatever.

774
00:31:45,039 --> 00:31:46,799
>> A lot of it comes to edge mapping too,

775
00:31:46,799 --> 00:31:48,691
right? Where you're trying

776
00:31:48,691 --> 00:31:49,200
[clears throat]

777
00:31:49,200 --> 00:31:50,799
>> that's one of the fundamental issues in

778
00:31:50,799 --> 00:31:52,559
here too. You know, does this make sense

779
00:31:52,559 --> 00:31:55,679
versus the

780
00:31:55,679 --> 00:31:57,679
>> but we are we are actively working on

781
00:31:57,679 --> 00:32:00,320
revising the publication

782
00:32:00,320 --> 00:32:03,039
s what what we call publications via map

783
00:32:03,039 --> 00:32:05,279
series or OFRs to account for this in

784
00:32:05,279 --> 00:32:13,509
the future. There's always a lot of maps

785
00:32:13,519 --> 00:32:14,960
» and these things are always works in

786
00:32:14,960 --> 00:32:16,240
progress. That's why I want to go to

787
00:32:16,240 --> 00:32:19,200
this idea of version maps. So it'll be

788
00:32:19,200 --> 00:32:21,360
version one, version two, version three.

789
00:32:21,360 --> 00:32:23,600
They're never really fully done. There's

790
00:32:23,600 --> 00:32:25,919
always things you can you can improve.

791
00:32:25,919 --> 00:32:26,559
So

792
00:32:26,559 --> 00:32:30,080
>> So do you know or even keep track of how

793
00:32:30,080 --> 00:32:32,799
this level of production of maps stacks

794
00:32:32,799 --> 00:32:34,960
up against other states? Yeah, I have an

795
00:32:34,960 --> 00:32:37,279
idea of that. Um, I mean that's that's a

796
00:32:37,279 --> 00:32:39,440
whole other topic. We're kind of in the

797
00:32:39,440 --> 00:32:43,120
top uh Colorado map really good about

798
00:32:43,120 --> 00:32:45,120
>> Yeah, we're in the top like four. We're

799
00:32:45,120 --> 00:32:47,519
in the top four or five in the country

800
00:32:47,519 --> 00:32:49,919
nationally in terms of map production

801
00:32:49,919 --> 00:32:52,720
map quality. Um,

802
00:32:52,720 --> 00:32:54,320
>> which is a that's a big deal because

803
00:32:54,320 --> 00:32:56,000
we're up against some organizations that

804
00:32:56,000 --> 00:32:57,440
are much larger than ours like

805
00:32:57,440 --> 00:33:03,350
California.

806
00:33:03,360 --> 00:33:05,200
» Okay. Well, perfect timing before we

807
00:33:05,200 --> 00:33:08,000
move to the next topic because Brian

808
00:33:08,000 --> 00:33:11,200
Summers has been able to join us. So,

809
00:33:11,200 --> 00:33:14,000
um, I thought we'd take a minute to

810
00:33:14,000 --> 00:33:16,640
introduce Brian and then we can do

811
00:33:16,640 --> 00:33:20,159
introductions maybe while we try to load

812
00:33:20,159 --> 00:33:26,320
your slides for you. Um, so why don't we

813
00:33:26,320 --> 00:33:27,679
start with you?

814
00:33:27,679 --> 00:33:29,760
>> Uh, hi everybody. I'm Brian Summers from

815
00:33:29,760 --> 00:33:32,080
the Pris Mining Association. So, I've

816
00:33:32,080 --> 00:33:33,919
worked with a few of you before, but I'm

817
00:33:33,919 --> 00:33:35,440
very happy to be here and I appreciate

818
00:33:35,440 --> 00:33:37,679
the invitation. Thanks for being

819
00:33:37,679 --> 00:33:39,360
flexible with my schedule, too. I had

820
00:33:39,360 --> 00:33:41,840
some extra dad duties this morning that

821
00:33:41,840 --> 00:33:45,279
I hadn't anticipated. So,

822
00:33:45,279 --> 00:33:46,799
>> absolutely fine.

823
00:33:46,799 --> 00:33:51,909
>> So, yeah, really glad you could join us.

824
00:33:51,919 --> 00:33:55,600
Uh Brian, I'm you know me, I'm Rich for

825
00:33:55,600 --> 00:33:58,159
go way back from the dog and board, but

826
00:33:58,159 --> 00:34:01,200
uh I'm now on the UGS board representing

827
00:34:01,200 --> 00:34:03,519
the [snorts] metals mineral industry.

828
00:34:03,519 --> 00:34:05,120
>> Awesome. [clears throat]

829
00:34:05,120 --> 00:34:07,760
>> And I'm Andy Bettingfield, um managing

830
00:34:07,760 --> 00:34:10,000
director of energy and minerals. Sibla

831
00:34:10,000 --> 00:34:12,720
has a non voting place on this board and

832
00:34:12,720 --> 00:34:15,040
so I fill that seat.

833
00:34:15,040 --> 00:34:17,280
>> I'm Ken Fleck. I'm a retired coal

834
00:34:17,280 --> 00:34:20,320
geologist formerly from Energy West

835
00:34:20,320 --> 00:34:24,320
Mining Company down in

836
00:34:24,320 --> 00:34:26,639
Price

837
00:34:26,639 --> 00:34:29,520
Drop. Yes,

838
00:34:29,520 --> 00:34:32,079
>> Mike Vandenberg here at UGS, head of the

839
00:34:32,079 --> 00:34:35,200
energy group

840
00:34:35,200 --> 00:34:38,159
at UGS. I am the finance manager.

841
00:34:38,159 --> 00:34:41,520
>> Elisa Richards, the board chair, the CEO

842
00:34:41,520 --> 00:34:44,079
of the National Energy Foundation.

843
00:34:44,079 --> 00:34:45,839
I'm Cheryl Wing. I'm with you, Jess. I'm

844
00:34:45,839 --> 00:34:51,669
the administrative assistant secretary.

845
00:34:51,679 --> 00:34:55,040
» I'm Neil Burke. I'm a hydro geologist.

846
00:34:55,040 --> 00:34:57,200
My role on the board is the groundwater

847
00:34:57,200 --> 00:34:59,280
section.

848
00:34:59,280 --> 00:35:02,320
>> I'm Becky Hammond and I'm a retired

849
00:35:02,320 --> 00:35:04,560
geologist

850
00:35:04,560 --> 00:35:07,920
and I represent scientific interests on

851
00:35:07,920 --> 00:35:10,240
the board.

852
00:35:10,240 --> 00:35:13,040
>> Michael Hansen. an engineering geologist

853
00:35:13,040 --> 00:35:14,880
works at

854
00:35:14,880 --> 00:35:18,640
civil and geotech engineering.

855
00:35:18,640 --> 00:35:20,320
>> And I'm Stephan Kirby. I'm the deputy

856
00:35:20,320 --> 00:35:22,720
director geological survey.

857
00:35:22,720 --> 00:35:24,480
>> Then

858
00:35:24,480 --> 00:35:26,720
I'm Stephanie Mills. I help with

859
00:35:26,720 --> 00:35:28,320
critical minerals in the survey. Sorry,

860
00:35:28,320 --> 00:35:30,160
I was also late. I also had unexpected

861
00:35:30,160 --> 00:35:32,000
kid duties this morning. We're in the

862
00:35:32,000 --> 00:35:34,560
same boat.

863
00:35:34,560 --> 00:35:36,240
While we get Brian's presentation

864
00:35:36,240 --> 00:35:37,680
loaded, do you guys want to just take

865
00:35:37,680 --> 00:35:39,119
like a little break or something? And

866
00:35:39,119 --> 00:35:43,750
then

867
00:35:43,760 --> 00:35:46,320
we want to do our

868
00:35:46,320 --> 00:35:48,560
>> This won't be our formal break. Just

869
00:35:48,560 --> 00:35:58,470
quick break.

870
00:35:58,480 --> 00:36:14,950
» Um,

871
00:36:14,960 --> 00:36:21,820
» so do you have the calendar?

872
00:36:21,830 --> 00:36:26,310
» [laughter]

873
00:36:26,320 --> 00:36:31,109
» Yeah, it should actually [laughter]

874
00:36:31,119 --> 00:36:33,040
» um there's a lot of peritting challenges

875
00:36:33,040 --> 00:36:35,200
because they're on the back

876
00:36:35,200 --> 00:36:37,680
side of wildlife refuge and the front

877
00:36:37,680 --> 00:36:40,079
side of

878
00:36:40,079 --> 00:36:42,640
>> Sorry, everyone online, if there's

879
00:36:42,640 --> 00:36:52,390
anyone online, we're breaking

880
00:36:52,400 --> 00:36:55,839
infrastructure. So that's

881
00:36:55,839 --> 00:37:21,670
maybe

882
00:37:21,680 --> 00:37:23,520
Yeah,

883
00:37:23,520 --> 00:37:25,040
the problem when you go with a very

884
00:37:25,040 --> 00:37:30,790
strong market polyc

885
00:37:30,800 --> 00:37:45,005
is processing facent.

886
00:37:45,015 --> 00:37:54,470
» [clears throat]

887
00:37:54,480 --> 00:38:00,390
» department,

888
00:38:00,400 --> 00:38:00,720
right?

889
00:38:00,720 --> 00:38:16,790
>> Huh?

890
00:38:16,800 --> 00:38:30,310
probably

891
00:38:30,320 --> 00:38:45,910
» my brother

892
00:38:45,920 --> 00:38:50,230
Love American

893
00:38:50,240 --> 00:39:04,630
Warrior.

894
00:39:04,640 --> 00:39:07,680
very busy.

895
00:39:07,680 --> 00:39:36,550
Those are the only

896
00:39:36,560 --> 00:39:38,987
I'm not a geologist.

897
00:39:38,987 --> 00:39:42,950
[laughter]

898
00:39:42,960 --> 00:39:59,430
I've been around

899
00:39:59,440 --> 00:40:13,270
» and that's where I'm not

900
00:40:13,280 --> 00:40:23,750
And basically

901
00:40:23,760 --> 00:40:27,599
we don't need space to work.

902
00:40:27,599 --> 00:40:33,997
We're not going to take

903
00:40:34,007 --> 00:40:45,270
» [laughter]

904
00:40:45,280 --> 00:40:46,880
» It's

905
00:40:46,880 --> 00:40:51,030
the technology

906
00:40:51,040 --> 00:40:54,160
all that

907
00:40:54,160 --> 00:40:57,280
you know that last bill that bill last

908
00:40:57,280 --> 00:40:58,960
year

909
00:40:58,960 --> 00:41:36,390
the My name is

910
00:41:36,400 --> 00:41:53,430
No.

911
00:41:53,440 --> 00:42:06,630
» He was really great to us.

912
00:42:06,640 --> 00:42:08,640
aren't

913
00:42:08,640 --> 00:42:19,030
just a

914
00:42:19,040 --> 00:42:28,470
doing a great job.

915
00:42:28,480 --> 00:42:39,990
» All right.

916
00:42:40,000 --> 00:42:50,790
Go ahead and call back to order.

917
00:42:50,800 --> 00:42:53,520
» We'll come back to our meeting. Um,

918
00:42:53,520 --> 00:42:55,280
again, we're really happy to have Brian

919
00:42:55,280 --> 00:42:57,359
here. Brian was part of my interview

920
00:42:57,359 --> 00:42:59,280
panel when I was interviewing for this

921
00:42:59,280 --> 00:43:01,520
job. And one of the questions I asked

922
00:43:01,520 --> 00:43:03,680
him was what do you need from EGS and

923
00:43:03,680 --> 00:43:06,319
what do you need from from me in

924
00:43:06,319 --> 00:43:08,960
particular? I'm really happy that he's

925
00:43:08,960 --> 00:43:11,440
been able to

926
00:43:11,440 --> 00:43:13,680
um you know visit our board and share a

927
00:43:13,680 --> 00:43:16,079
little bit about you Utah Mining

928
00:43:16,079 --> 00:43:18,480
Association. There is time for

929
00:43:18,480 --> 00:43:21,440
discussion after this. Um one of the

930
00:43:21,440 --> 00:43:23,680
topics to discuss is we will be

931
00:43:23,680 --> 00:43:25,920
recruiting

932
00:43:25,920 --> 00:43:27,839
that represents industrial minerals. So

933
00:43:27,839 --> 00:43:29,599
we can have a little chat about that.

934
00:43:29,599 --> 00:43:32,400
Andrew Ruffy, who is our industrial

935
00:43:32,400 --> 00:43:35,200
minerals lead, unfortunately, is on a

936
00:43:35,200 --> 00:43:40,240
field trip with legislators. Um,

937
00:43:40,240 --> 00:43:42,960
took the state plane down somewhere. I'm

938
00:43:42,960 --> 00:43:46,400
not sure where. Um, so yeah. So, sorry

939
00:43:46,400 --> 00:43:48,079
he can't be here. We'll continue that

940
00:43:48,079 --> 00:43:49,680
discussion, but I guess I'll turn it

941
00:43:49,680 --> 00:43:51,599
over to Brian who's prepared a

942
00:43:51,599 --> 00:43:53,760
presentation for us. Thank you.

943
00:43:53,760 --> 00:43:54,960
>> Well, again, thank you for the

944
00:43:54,960 --> 00:43:57,359
opportunity to come and present. Um, so

945
00:43:57,359 --> 00:43:59,760
I I talked to to Darlene and Stephanie a

946
00:43:59,760 --> 00:44:02,240
little bit beforehand about what to

947
00:44:02,240 --> 00:44:03,920
present and to be honest, this is I do a

948
00:44:03,920 --> 00:44:05,440
lot of presentations and this one I

949
00:44:05,440 --> 00:44:07,119
haven't quite known how to prepare for

950
00:44:07,119 --> 00:44:09,920
because I haven't worked with uh the UGS

951
00:44:09,920 --> 00:44:11,440
board, I'm sure, as much as I I should

952
00:44:11,440 --> 00:44:13,680
have. Um, and so something I thought

953
00:44:13,680 --> 00:44:16,319
might be useful is just to to give you

954
00:44:16,319 --> 00:44:18,079
guys a sense. I get asked to do a lot of

955
00:44:18,079 --> 00:44:19,760
presentations, especially on kind of the

956
00:44:19,760 --> 00:44:21,520
state of the mining industry and what's

957
00:44:21,520 --> 00:44:23,760
happening in mining. Um, and so I

958
00:44:23,760 --> 00:44:25,200
thought what I'd do is just do a very

959
00:44:25,200 --> 00:44:27,760
abbreviated version of uh the

960
00:44:27,760 --> 00:44:29,440
presentation that I, you know, tend to

961
00:44:29,440 --> 00:44:31,839
give out in in public. Um, I'm not gonna

962
00:44:31,839 --> 00:44:32,880
I'm going to go through some of these

963
00:44:32,880 --> 00:44:34,400
slides very quickly because frankly a

964
00:44:34,400 --> 00:44:35,760
lot of them are based on data that you

965
00:44:35,760 --> 00:44:37,520
guys have produced and so you don't need

966
00:44:37,520 --> 00:44:39,200
me to talk to you about what critical

967
00:44:39,200 --> 00:44:42,319
minerals we have or whatever. Um, so but

968
00:44:42,319 --> 00:44:43,680
I thought that it might be just an easy

969
00:44:43,680 --> 00:44:45,200
way to sort of start the the

970
00:44:45,200 --> 00:44:47,920
conversation and then um, as mentioned,

971
00:44:47,920 --> 00:44:49,359
I'd love to have some, you know,

972
00:44:49,359 --> 00:44:51,200
discussion and and answer any questions.

973
00:44:51,200 --> 00:44:53,040
And I'm I'll have some questions for you

974
00:44:53,040 --> 00:44:56,011
as well. So if that's okay. Um, again,

975
00:44:56,011 --> 00:44:56,880
[clears throat] I'm going to go through

976
00:44:56,880 --> 00:44:59,280
this pretty quickly. So uh, if you do

977
00:44:59,280 --> 00:45:00,720
want me to stop on something, please

978
00:45:00,720 --> 00:45:02,800
don't hesitate to just, you know, uh,

979
00:45:02,800 --> 00:45:05,119
type up and let me know.

980
00:45:05,119 --> 00:45:07,440
>> Sorry. Uh, I shouldn't be presenting.

981
00:45:07,440 --> 00:45:08,000
So,

982
00:45:08,000 --> 00:45:10,560
>> well, you can just just Oh, yeah.

983
00:45:10,560 --> 00:45:11,680
Maximize your

984
00:45:11,680 --> 00:45:12,319
>> max.

985
00:45:12,319 --> 00:45:15,040
>> Yeah. And then you'll be able to see.

986
00:45:15,040 --> 00:45:17,119
>> Sorry.

987
00:45:17,119 --> 00:45:20,480
>> Where am I going here?

988
00:45:20,480 --> 00:45:23,119
>> Just say cancel and then go up to the

989
00:45:23,119 --> 00:45:25,040
Yeah, the window thing. There you go.

990
00:45:25,040 --> 00:45:36,550
about that. Thank you.

991
00:45:36,560 --> 00:45:38,079
» Just Sorry, I'm just looking for a way

992
00:45:38,079 --> 00:45:40,560
to maximize the screen here and minimize

993
00:45:40,560 --> 00:45:42,240
the

994
00:45:42,240 --> 00:45:44,240
>> I think if you hit the three dots

995
00:45:44,240 --> 00:45:46,960
towards the middle.

996
00:45:46,960 --> 00:45:48,880
>> Yeah, that one. Then go up to full

997
00:45:48,880 --> 00:45:51,119
screen.

998
00:45:51,119 --> 00:45:52,560
>> Thank you.

999
00:45:52,560 --> 00:45:54,960
>> Yeah, he's a little

1000
00:45:54,960 --> 00:45:56,960
Okay. Um,

1001
00:45:56,960 --> 00:45:59,440
so usually when I give presentations, I

1002
00:45:59,440 --> 00:46:01,440
kind of t start by talking about Utah's

1003
00:46:01,440 --> 00:46:03,280
mining history. Um, you know, I'll

1004
00:46:03,280 --> 00:46:04,640
always mention this is my favorite part

1005
00:46:04,640 --> 00:46:06,160
of the capital. When you go into the the

1006
00:46:06,160 --> 00:46:07,920
cycle realm in the rotunda and you see

1007
00:46:07,920 --> 00:46:09,920
General Connor, there's a panel of

1008
00:46:09,920 --> 00:46:11,440
General Patrick Connor inaugurating

1009
00:46:11,440 --> 00:46:12,880
mining in the state, commercial mining

1010
00:46:12,880 --> 00:46:15,599
in the state in 1863. Um, there's two

1011
00:46:15,599 --> 00:46:17,599
beautiful paintings in the governor's

1012
00:46:17,599 --> 00:46:20,079
office of the Bingham Canyon Mine by HLA

1013
00:46:20,079 --> 00:46:21,520
Culmer, who was a very famous Utah

1014
00:46:21,520 --> 00:46:24,400
artist. Um, we actually had these

1015
00:46:24,400 --> 00:46:27,280
removed for a show at the Utah Museum of

1016
00:46:27,280 --> 00:46:28,640
Fine Arts a number of years ago, and

1017
00:46:28,640 --> 00:46:29,839
that was incredibly controversial

1018
00:46:29,839 --> 00:46:31,040
because it's the only time that they've

1019
00:46:31,040 --> 00:46:33,839
been out of the governor's office. Um,

1020
00:46:33,839 --> 00:46:35,280
obviously, if you go up to the cap,

1021
00:46:35,280 --> 00:46:36,800
you'll see Daniel Jaclyn, he's finally

1022
00:46:36,800 --> 00:46:38,720
back on his perch in the the courtyard

1023
00:46:38,720 --> 00:46:42,000
there. Um, after all the construction,

1024
00:46:42,000 --> 00:46:43,440
and of course, we always have to remind

1025
00:46:43,440 --> 00:46:44,560
the governor that he lives in a house

1026
00:46:44,560 --> 00:46:45,760
that was, you know, built with mining

1027
00:46:45,760 --> 00:46:48,720
money in the Kern's mansion. Um, one of

1028
00:46:48,720 --> 00:46:51,599
the the first um what I like to call,

1029
00:46:51,599 --> 00:46:52,800
you know, economic development

1030
00:46:52,800 --> 00:46:55,599
initiatives that was uh ever created by

1031
00:46:55,599 --> 00:46:57,680
the territorial legislature way back in

1032
00:46:57,680 --> 00:47:00,160
1854 was actually a cash reward for

1033
00:47:00,160 --> 00:47:02,800
anybody that could find uh coal within

1034
00:47:02,800 --> 00:47:05,440
40 miles of Salt Lake City. Nobody

1035
00:47:05,440 --> 00:47:06,960
actually was able to claim this reward.

1036
00:47:06,960 --> 00:47:08,640
you know, ultimately our coal was found

1037
00:47:08,640 --> 00:47:09,839
a little bit further away from Salt

1038
00:47:09,839 --> 00:47:11,359
Lake, but this was, you know, the

1039
00:47:11,359 --> 00:47:14,079
recognizing very early on in our state's

1040
00:47:14,079 --> 00:47:16,400
history how important minerals and

1041
00:47:16,400 --> 00:47:18,720
especially energy minerals were. Um, and

1042
00:47:18,720 --> 00:47:20,319
then of course we always have to remind

1043
00:47:20,319 --> 00:47:21,680
people when they go to places, great

1044
00:47:21,680 --> 00:47:23,920
places like Park City and Moab that

1045
00:47:23,920 --> 00:47:26,240
those obviously started out as as mining

1046
00:47:26,240 --> 00:47:28,400
towns and have really rich mining

1047
00:47:28,400 --> 00:47:30,640
history. Um, and part of obviously what

1048
00:47:30,640 --> 00:47:32,480
brings you uh people to Utah and mining

1049
00:47:32,480 --> 00:47:35,119
is that we've got such an amazing uh

1050
00:47:35,119 --> 00:47:37,200
mineral endowment. uh geological

1051
00:47:37,200 --> 00:47:38,720
endowment here. You know, these are just

1052
00:47:38,720 --> 00:47:40,400
some of the the minerals that are are

1053
00:47:40,400 --> 00:47:42,720
being produced in Utah. Again, the

1054
00:47:42,720 --> 00:47:44,160
critical minerals. I won't spend too

1055
00:47:44,160 --> 00:47:45,760
much time on this because, you know, we

1056
00:47:45,760 --> 00:47:48,560
have experts here that um I know I've

1057
00:47:48,560 --> 00:47:50,800
stolen most of this from. Um one thing I

1058
00:47:50,800 --> 00:47:52,319
do like to talk about is showing the

1059
00:47:52,319 --> 00:47:53,680
mineral commodity summary that comes

1060
00:47:53,680 --> 00:47:55,920
from the US Geological Survey. And

1061
00:47:55,920 --> 00:47:57,359
obviously when I show this slide, nobody

1062
00:47:57,359 --> 00:47:59,280
can actually read it, but I I always

1063
00:47:59,280 --> 00:48:02,640
just say, you know, blue is bad on this chart, right? Blue means that

1064
00:48:02,640 --> 00:48:04,160
we're import dependent for these

1065
00:48:04,160 --> 00:48:06,720
important mineral commodities. Um and

1066
00:48:06,720 --> 00:48:08,560
you know that's obviously a challenge

1067
00:48:08,560 --> 00:48:10,480
for us. So you know 50% import

1068
00:48:10,480 --> 00:48:12,319
dependence for 52 different mineral

1069
00:48:12,319 --> 00:48:14,000
commodities, more than 50% import

1070
00:48:14,000 --> 00:48:16,640
dependence and 100% for 16 different

1071
00:48:16,640 --> 00:48:18,000
mineral commodities. So I mean that

1072
00:48:18,000 --> 00:48:19,920
represents a real national security

1073
00:48:19,920 --> 00:48:21,280
threat for our country especially

1074
00:48:21,280 --> 00:48:22,800
because China is the leading import

1075
00:48:22,800 --> 00:48:25,119
source for most of those minerals. Um

1076
00:48:25,119 --> 00:48:27,200
and just you know to give one example of

1077
00:48:27,200 --> 00:48:28,640
many you could give you know just with

1078
00:48:28,640 --> 00:48:30,960
rare earth elements. How many rares go

1079
00:48:30,960 --> 00:48:33,520
into things like an F-35 Lightning or an

1080
00:48:33,520 --> 00:48:35,280
Arley B destroyer, Virginia class

1081
00:48:35,280 --> 00:48:37,200
submarine? I mean, 9,200 pounds of

1082
00:48:37,200 --> 00:48:38,880
rarers. I mean, that's what that's

1083
00:48:38,880 --> 00:48:40,160
something that actually really blows my

1084
00:48:40,160 --> 00:48:41,760
mind because I mean, as you know, rarers

1085
00:48:41,760 --> 00:48:43,839
are, you know, usually used in fairly

1086
00:48:43,839 --> 00:48:45,119
small quantities. So, to have to have

1087
00:48:45,119 --> 00:48:47,520
9,200 pounds in a Virginia class

1088
00:48:47,520 --> 00:48:51,119
submarine is quite a thing. Um, and you

1089
00:48:51,119 --> 00:48:52,480
know, the wonderful number that you guys

1090
00:48:52,480 --> 00:48:54,800
have come up with that we host 50 to 60

1091
00:48:54,800 --> 00:48:56,800
critical minerals. I know you guys have

1092
00:48:56,800 --> 00:48:59,040
to uh you know do this every few years

1093
00:48:59,040 --> 00:49:01,119
to update that number, but I love that

1094
00:49:01,119 --> 00:49:02,960
we've got nice, you know, 50 out of 60.

1095
00:49:02,960 --> 00:49:04,559
That was much better than the 48 out of

1096
00:49:04,559 --> 00:49:06,800
60 that I had come up with. So luckily

1097
00:49:06,800 --> 00:49:08,843
you guys corrected me on that.

1098
00:49:08,843 --> 00:49:10,480
[clears throat] Um [laughter] and then

1099
00:49:10,480 --> 00:49:11,920
the way that I've sort of talked about

1100
00:49:11,920 --> 00:49:13,760
this, which is slightly different than

1101
00:49:13,760 --> 00:49:15,839
um you know, I know you guys take

1102
00:49:15,839 --> 00:49:17,280
obviously a much more scientific view

1103
00:49:17,280 --> 00:49:20,079
and I'm more of a you know, an advocacy

1104
00:49:20,079 --> 00:49:22,400
guy, a marketing guy. Um, and so what I

1105
00:49:22,400 --> 00:49:23,599
talked about is, you know, minerals

1106
00:49:23,599 --> 00:49:25,520
where we have uh current production or

1107
00:49:25,520 --> 00:49:27,760
what I what I call installed capacity.

1108
00:49:27,760 --> 00:49:29,040
And so these are minerals that, you

1109
00:49:29,040 --> 00:49:30,400
know, we have produced in the recent

1110
00:49:30,400 --> 00:49:31,599
past where we actually have the

1111
00:49:31,599 --> 00:49:33,040
facilities where we could be producing

1112
00:49:33,040 --> 00:49:34,640
them again, even if we're not currently

1113
00:49:34,640 --> 00:49:36,400
doing it. I think a really great example

1114
00:49:36,400 --> 00:49:38,480
of this is venadium. Um, I mean, we

1115
00:49:38,480 --> 00:49:39,920
haven't actually done a venadium run at

1116
00:49:39,920 --> 00:49:42,400
White Mesa for Stephanie, what two or

1117
00:49:42,400 --> 00:49:45,200
three years probably.

1118
00:49:45,200 --> 00:49:46,880
>> Yeah. But I mean, we can produce

1119
00:49:46,880 --> 00:49:49,200
venadium if we if we need to. [cough] um

1120
00:49:49,200 --> 00:49:50,960
you know magnesium is a little more

1121
00:49:50,960 --> 00:49:52,480
tricky right now but I mean we do have

1122
00:49:52,480 --> 00:49:54,880
the facilities um to do that and so I

1123
00:49:54,880 --> 00:49:56,160
mean this is what I like to talk about

1124
00:49:56,160 --> 00:49:57,440
where again you know we have either

1125
00:49:57,440 --> 00:50:03,670
current production or installed cap

1126
00:50:03,680 --> 00:50:04,400
we have [clears throat] you know

1127
00:50:04,400 --> 00:50:06,319
historical production or known resources

1128
00:50:06,319 --> 00:50:07,920
and again I'm sure that the scientists

1129
00:50:07,920 --> 00:50:12,150
in the room you know would equival

1130
00:50:12,160 --> 00:50:14,000
to make the point that in many cases you

1131
00:50:14,000 --> 00:50:15,440
know we we have produced significant

1132
00:50:15,440 --> 00:50:17,599
quantities of these minerals in the past

1133
00:50:17,599 --> 00:50:20,000
um or we have you known resources where

1134
00:50:20,000 --> 00:50:22,160
you you could go out and produce them in

1135
00:50:22,160 --> 00:50:24,000
uh you know in mining terms relatively

1136
00:50:24,000 --> 00:50:25,680
short order because the resource has

1137
00:50:25,680 --> 00:50:27,760
been proven. Um and you know I mean

1138
00:50:27,760 --> 00:50:29,280
obviously indium is the one we always

1139
00:50:29,280 --> 00:50:30,559
kind of point to with this although

1140
00:50:30,559 --> 00:50:32,160
there's you know lots of examples of

1141
00:50:32,160 --> 00:50:36,079
that. Um and then uh I talk about

1142
00:50:36,079 --> 00:50:38,000
critical mineral projects you know we do

1143
00:50:38,000 --> 00:50:39,440
have like the occurrences and everything

1144
00:50:39,440 --> 00:50:41,680
else but I mean that tends to sort of

1145
00:50:41,680 --> 00:50:44,640
you know distract a little bit from the message that hey you should come and

1146
00:50:44,640 --> 00:50:47,280
invest your money here. Um, so I I will

1147
00:50:47,280 --> 00:50:49,200
talk too about critical mineral projects

1148
00:50:49,200 --> 00:50:50,800
that are currently in development in

1149
00:50:50,800 --> 00:50:53,119
Utah. Um, and these are all in in

1150
00:50:53,119 --> 00:50:54,960
various stages. So I mean there's you

1151
00:50:54,960 --> 00:50:57,440
know things like uh you know copper

1152
00:50:57,440 --> 00:50:59,359
projects that are much further along and

1153
00:50:59,359 --> 00:51:00,400
you know and other ones that are

1154
00:51:00,400 --> 00:51:02,240
definitely still more in in development

1155
00:51:02,240 --> 00:51:05,040
or you know study phase. Um I haven't

1156
00:51:05,040 --> 00:51:07,599
really figured out how to talk about um

1157
00:51:07,599 --> 00:51:09,119
ionic. So I just kind of call that our

1158
00:51:09,119 --> 00:51:11,119
poly metallic deposit because I don't

1159
00:51:11,119 --> 00:51:13,200
know how else to talk about it. Um but

1160
00:51:13,200 --> 00:51:15,040
you know it is pretty encouraging to see

1161
00:51:15,040 --> 00:51:16,640
how this list has grown over the past

1162
00:51:16,640 --> 00:51:18,319
few years as we've seen more interest in

1163
00:51:18,319 --> 00:51:20,559
critical minerals and more investment um

1164
00:51:20,559 --> 00:51:22,240
come both from the private sector and

1165
00:51:22,240 --> 00:51:26,079
from government sources. Um this is a

1166
00:51:26,079 --> 00:51:27,680
great thing that I totally stole from

1167
00:51:27,680 --> 00:51:29,520
you of Kennot. Some of you I'm sure have

1168
00:51:29,520 --> 00:51:31,839
seen this before. Um but this just shows

1169
00:51:31,839 --> 00:51:34,000
that you know there is huge benefit in

1170
00:51:34,000 --> 00:51:35,760
looking at our existing permanent

1171
00:51:35,760 --> 00:51:38,079
operations because you know a lot of

1172
00:51:38,079 --> 00:51:39,839
them have potential to develop a lot

1173
00:51:39,839 --> 00:51:41,440
more minerals that they're currently

1174
00:51:41,440 --> 00:51:44,000
producing. Um so this is actually a

1175
00:51:44,000 --> 00:51:47,359
chart that um that Don Wellman who uh a

1176
00:51:47,359 --> 00:51:49,200
lot of you guys know actually presented

1177
00:51:49,200 --> 00:51:51,520
at our conference a couple of years ago

1178
00:51:51,520 --> 00:51:54,400
and you know this has changed but um you

1179
00:51:54,400 --> 00:51:56,000
know it shows like you know the critical

1180
00:51:56,000 --> 00:51:57,200
minerals they're producing the ones that

1181
00:51:57,200 --> 00:51:58,480
they could produce kind of in the near

1182
00:51:58,480 --> 00:51:59,920
term and then things that they could do

1183
00:51:59,920 --> 00:52:01,920
longer term um but you know a

1184
00:52:01,920 --> 00:52:03,200
significant amount of minerals that

1185
00:52:03,200 --> 00:52:04,480
could come out of just this one

1186
00:52:04,480 --> 00:52:06,160
operation

1187
00:52:06,160 --> 00:52:06,960
>> out of Bingham Canyon.

1188
00:52:06,960 --> 00:52:09,200
>> Yeah. out of Canyon and and these all

1189
00:52:09,200 --> 00:52:10,720
come from sort of different sources and

1190
00:52:10,720 --> 00:52:12,480
so in some cases like the germanium and

1191
00:52:12,480 --> 00:52:13,760
gallium I mean that's you know

1192
00:52:13,760 --> 00:52:16,000
potentially from their smelter dust you

1193
00:52:16,000 --> 00:52:17,040
have other things that could come from

1194
00:52:17,040 --> 00:52:18,559
their acid mine drainage there's other

1195
00:52:18,559 --> 00:52:19,599
things that they believe are in the

1196
00:52:19,599 --> 00:52:21,520
tailings pile that that they could

1197
00:52:21,520 --> 00:52:24,079
develop um and so you know different

1198
00:52:24,079 --> 00:52:25,680
sort of parts of the process where these

1199
00:52:25,680 --> 00:52:30,640
minerals could potentially fall out and be produced um but again a lot of

1200
00:52:30,640 --> 00:52:32,400
this depends on you know on market

1201
00:52:32,400 --> 00:52:34,880
conditions and investment and in most

1202
00:52:34,880 --> 00:52:37,119
cases you know riotentto not going to

1203
00:52:37,119 --> 00:52:38,800
make a lot of money on these uh critical

1204
00:52:38,800 --> 00:52:40,000
minerals which is one of the real

1205
00:52:40,000 --> 00:52:42,720
challenges. Um but you know if they have

1206
00:52:42,720 --> 00:52:44,960
a company for example that comes to them

1207
00:52:44,960 --> 00:52:46,559
like with a torum where they have a

1208
00:52:46,559 --> 00:52:48,319
solar company and says hey we're we

1209
00:52:48,319 --> 00:52:50,160
don't want to produce our toium in China

1210
00:52:50,160 --> 00:52:51,599
anymore so we'd like for you guys to do

1211
00:52:51,599 --> 00:52:53,040
it and we're willing to pay the price to

1212
00:52:53,040 --> 00:52:55,280
make that happen. Um you know the

1213
00:52:55,280 --> 00:52:56,880
defense department's always bugging them

1214
00:52:56,880 --> 00:52:58,559
about certain minerals like reium and

1215
00:52:58,559 --> 00:53:00,800
other things. Um, but there really does

1216
00:53:00,800 --> 00:53:02,400
have to be, you know, the market

1217
00:53:02,400 --> 00:53:04,319
conditions or an offtaker that is

1218
00:53:04,319 --> 00:53:06,400
willing to pay the higher prices because

1219
00:53:06,400 --> 00:53:08,000
obviously all of these can be produced

1220
00:53:08,000 --> 00:53:10,400
more cheaply in China because they have

1221
00:53:10,400 --> 00:53:12,079
no labor environmental controls. So

1222
00:53:12,079 --> 00:53:14,480
that's exciting. Um, another great

1223
00:53:14,480 --> 00:53:16,480
example that we like to uh talk about

1224
00:53:16,480 --> 00:53:18,400
and again as mentioned there's a bunch

1225
00:53:18,400 --> 00:53:20,640
of uh legislators and state officials

1226
00:53:20,640 --> 00:53:22,079
that are going down to energy fuels

1227
00:53:22,079 --> 00:53:24,240
today. Um but you know how energy fuels

1228
00:53:24,240 --> 00:53:25,680
has been able to use their existing

1229
00:53:25,680 --> 00:53:28,079
facility to start producing rares where

1230
00:53:28,079 --> 00:53:29,280
again they're bringing in an outside

1231
00:53:29,280 --> 00:53:31,280
mineral monocy. We've had to sort of

1232
00:53:31,280 --> 00:53:32,800
talk about how we t you know talk about

1233
00:53:32,800 --> 00:53:35,119
rares because we do have rares um you

1234
00:53:35,119 --> 00:53:37,359
know present in the in the mineral

1235
00:53:37,359 --> 00:53:39,920
endowment here but what's actually being

1236
00:53:39,920 --> 00:53:41,359
produced on the rare side or you know

1237
00:53:41,359 --> 00:53:42,640
from minerals that are being being

1238
00:53:42,640 --> 00:53:44,559
brought from out of state. Um but

1239
00:53:44,559 --> 00:53:47,280
they're using you know a feed stock of

1240
00:53:47,280 --> 00:53:49,359
monzite that's being brought from from

1241
00:53:49,359 --> 00:53:51,119
out of state and potentially overseas in

1242
00:53:51,119 --> 00:53:56,480
the future. um to you know produce the rarers. Um [clears throat]

1243
00:53:56,480 --> 00:53:58,559
and the the thing that I I love about

1244
00:53:58,559 --> 00:54:00,240
this I mean this is such a great story

1245
00:54:00,240 --> 00:54:02,079
where you know again they're they

1246
00:54:02,079 --> 00:54:03,440
essentially stole what they were doing

1247
00:54:03,440 --> 00:54:04,800
from the Chinese because the Chinese

1248
00:54:04,800 --> 00:54:06,000
have been doing this for a long time.

1249
00:54:06,000 --> 00:54:07,920
They said hey you know monocy it's got

1250
00:54:07,920 --> 00:54:09,520
all these rarers but it's also got a lot

1251
00:54:09,520 --> 00:54:10,960
of ingrain and thorium in it. We can

1252
00:54:10,960 --> 00:54:12,480
deal with the radioactive elements and

1253
00:54:12,480 --> 00:54:14,559
then you know isolate the rarers. At

1254
00:54:14,559 --> 00:54:15,920
first they were sending all these to

1255
00:54:15,920 --> 00:54:17,599
Estonia because that was the only

1256
00:54:17,599 --> 00:54:20,319
facility outside of uh outside of China

1257
00:54:20,319 --> 00:54:21,839
that had the ability to do the

1258
00:54:21,839 --> 00:54:23,520
separation of the individual rares. But

1259
00:54:23,520 --> 00:54:24,960
then they built those circuits on their

1260
00:54:24,960 --> 00:54:27,440
own. Um and now they're you know have

1261
00:54:27,440 --> 00:54:29,680
announced an expansion to where uh

1262
00:54:29,680 --> 00:54:31,920
they'll be essentially have the ability

1263
00:54:31,920 --> 00:54:34,240
to produce any of the rarers that are in

1264
00:54:34,240 --> 00:54:36,960
uh uh in the moni which is basically all

1265
00:54:36,960 --> 00:54:38,800
of them. You know they've been doing

1266
00:54:38,800 --> 00:54:42,319
neodymium and crazymian for two or three

1267
00:54:42,319 --> 00:54:44,319
years now. um you know they've just

1268
00:54:44,319 --> 00:54:46,640
announced turbium asp and then with this

1269
00:54:46,640 --> 00:54:48,240
expansion once that's up and running

1270
00:54:48,240 --> 00:54:49,920
they can produce any of the rarest you

1271
00:54:49,920 --> 00:54:52,319
know assuming again there's an offtaker

1272
00:54:52,319 --> 00:54:54,720
so again a really great opportunity with

1273
00:54:54,720 --> 00:54:56,559
a permitted operation that doesn't have

1274
00:54:56,559 --> 00:55:00,400
to go through all of the you know the new permitting challenges that can

1275
00:55:00,400 --> 00:55:02,160
come with a mining operation that I know

1276
00:55:02,160 --> 00:55:04,559
you're all familiar with. Um I talk a

1277
00:55:04,559 --> 00:55:05,760
little bit about you know some of the

1278
00:55:05,760 --> 00:55:07,280
differences we've seen with this current

1279
00:55:07,280 --> 00:55:10,000
administration that's very excited about

1280
00:55:10,000 --> 00:55:11,359
producing critical minerals. There was

1281
00:55:11,359 --> 00:55:13,200
just another event on Friday, actually

1282
00:55:13,200 --> 00:55:14,640
last week, where the president announced

1283
00:55:14,640 --> 00:55:16,640
another $3 billion of investment in the

1284
00:55:16,640 --> 00:55:18,960
critical mineral sector. Um, this

1285
00:55:18,960 --> 00:55:21,920
doesn't always come in the most um, you

1286
00:55:21,920 --> 00:55:23,839
know, predictable or rational ways. Um,

1287
00:55:23,839 --> 00:55:25,200
and I'll talk about that a little bit

1288
00:55:25,200 --> 00:55:27,680
later, too. But um, it is great to see

1289
00:55:27,680 --> 00:55:28,800
that the federal government has

1290
00:55:28,800 --> 00:55:30,240
recognized that. I mean, this really is

1291
00:55:30,240 --> 00:55:32,240
an economic national security issue for

1292
00:55:32,240 --> 00:55:33,920
us to be so dependent on foreign

1293
00:55:33,920 --> 00:55:36,079
producers for our critical mineral

1294
00:55:36,079 --> 00:55:39,119
supplies. Um, you know, part of the the

1295
00:55:39,119 --> 00:55:41,440
unpredictability of of what uh the

1296
00:55:41,440 --> 00:55:42,720
federal government is doing, they have

1297
00:55:42,720 --> 00:55:44,319
made some really significant investments

1298
00:55:44,319 --> 00:55:48,319
in places like Mountain Pass, um, in the

1299
00:55:48,319 --> 00:55:51,119
Antimony, the Stite Mine up in Idaho and

1300
00:55:51,119 --> 00:55:54,960
others. Um, in some cases, I I sort of

1301
00:55:54,960 --> 00:55:56,319
wish that they had made some different

1302
00:55:56,319 --> 00:55:58,319
investments. I think, you know, Mountain

1303
00:55:58,319 --> 00:55:59,920
Pass is a proven producer. Some of the

1304
00:55:59,920 --> 00:56:01,040
other rare earth investments they've

1305
00:56:01,040 --> 00:56:02,559
made are with what I would call very

1306
00:56:02,559 --> 00:56:04,559
non-proven producers. Um, you know,

1307
00:56:04,559 --> 00:56:06,400
luckily Energy Fuels did get a loan

1308
00:56:06,400 --> 00:56:07,839
guarantee from the Department of Energy

1309
00:56:07,839 --> 00:56:11,359
for $750 million, which is huge. Um, but

1310
00:56:11,359 --> 00:56:13,200
some of the investments that have been

1311
00:56:13,200 --> 00:56:15,440
made are really being made on the basis

1312
00:56:15,440 --> 00:56:17,440
of, you know, producers saying that they

1313
00:56:17,440 --> 00:56:18,720
can do something even though they don't

1314
00:56:18,720 --> 00:56:20,160
really have a track record of doing

1315
00:56:20,160 --> 00:56:21,920
those things. And that makes me a little

1316
00:56:21,920 --> 00:56:24,480
bit nervous. Um, just me personally

1317
00:56:24,480 --> 00:56:27,119
speaking, as Brian, I don't also love

1318
00:56:27,119 --> 00:56:28,960
the equity stakes are being taken in

1319
00:56:28,960 --> 00:56:30,960
some of these companies. Um, you know, I

1320
00:56:30,960 --> 00:56:32,480
don't necessarily worry about it with a

1321
00:56:32,480 --> 00:56:34,160
friendly administration, but at some

1322
00:56:34,160 --> 00:56:35,280
point we'll have an unfriendly

1323
00:56:35,280 --> 00:56:36,880
administration. And, you know, having

1324
00:56:36,880 --> 00:56:38,160
government ownership and mining

1325
00:56:38,160 --> 00:56:39,359
operations with an unfriendly

1326
00:56:39,359 --> 00:56:41,920
administration freaks me out. Um, so,

1327
00:56:41,920 --> 00:56:44,960
you know, it's it's been a little bit of a bumpy road, but we're in a much

1328
00:56:44,960 --> 00:56:46,480
better place now than we were a few

1329
00:56:46,480 --> 00:56:49,359
years ago. Um, this is part of the

1330
00:56:49,359 --> 00:56:51,760
problem we have. Um, I stole this from

1331
00:56:51,760 --> 00:56:53,920
Joe Mansion, um, who's, you know, no

1332
00:56:53,920 --> 00:56:56,160
longer in the Senate, but, um, and this

1333
00:56:56,160 --> 00:56:58,400
has actually been simplified a tiny

1334
00:56:58,400 --> 00:57:00,240
little bit, but not much. Um but this

1335
00:57:00,240 --> 00:57:01,680
was the you know critical minerals

1336
00:57:01,680 --> 00:57:04,480
ecosystem um in the federal government

1337
00:57:04,480 --> 00:57:06,640
according to senator former senator Joe

1338
00:57:06,640 --> 00:57:09,280
Mansion. Um and and I mean all of you

1339
00:57:09,280 --> 00:57:11,280
guys that have worked in you know in the

1340
00:57:11,280 --> 00:57:12,799
federal government understand how

1341
00:57:12,799 --> 00:57:14,480
complicated this can be. So these are

1342
00:57:14,480 --> 00:57:16,559
all the different agencies and offices

1343
00:57:16,559 --> 00:57:18,160
that have some touch point in the

1344
00:57:18,160 --> 00:57:20,480
critical minerals and uh you know

1345
00:57:20,480 --> 00:57:22,720
materials ecosystem. And so, you know,

1346
00:57:22,720 --> 00:57:24,319
even with a friendly administration, I

1347
00:57:24,319 --> 00:57:26,240
mean, getting through uh existing

1348
00:57:26,240 --> 00:57:27,680
bureaucracy, a lot of this obviously

1349
00:57:27,680 --> 00:57:29,520
was, some of this was set up by statute,

1350
00:57:29,520 --> 00:57:31,520
some of this was set up by, you know, by

1351
00:57:31,520 --> 00:57:33,760
rule and by, you know, the the creative

1352
00:57:33,760 --> 00:57:36,480
ideas of bureaucrats in Washington. Um,

1353
00:57:36,480 --> 00:57:38,160
and so, I mean, this is a very

1354
00:57:38,160 --> 00:57:40,559
complicated ecosystem still. And that's

1355
00:57:40,559 --> 00:57:41,839
part of why we're also seeing a little

1356
00:57:41,839 --> 00:57:43,839
bit of disjointedness with investment

1357
00:57:43,839 --> 00:57:45,359
coming in because there's so many

1358
00:57:45,359 --> 00:57:47,280
different people that have touch points,

1359
00:57:47,280 --> 00:57:48,559
frankly, so many different people that

1360
00:57:48,559 --> 00:57:50,160
have checkbooks and little weird pots of

1361
00:57:50,160 --> 00:57:51,839
money. And so that's why, you know,

1362
00:57:51,839 --> 00:57:54,000
there hasn't been sort of a unified

1363
00:57:54,000 --> 00:57:56,400
funding effort as much as we'd like

1364
00:57:56,400 --> 00:57:59,920
liked to see that. Um but um this is

1365
00:57:59,920 --> 00:58:01,680
again better than it was a few years

1366
00:58:01,680 --> 00:58:04,000
ago, but still the federal government,

1367
00:58:04,000 --> 00:58:06,480
so it's still very complicated.

1368
00:58:06,480 --> 00:58:10,319
Um I also uh talked to to folks about

1369
00:58:10,319 --> 00:58:11,680
what I call the Diamond Mountain

1370
00:58:11,680 --> 00:58:13,599
problem. Um and I don't know if any of

1371
00:58:13,599 --> 00:58:15,040
you guys know this story. This is

1372
00:58:15,040 --> 00:58:16,079
something that I learned a few years

1373
00:58:16,079 --> 00:58:19,280
ago, but um there is a mountain out in a

1374
00:58:19,280 --> 00:58:21,760
basin that's uh that's called Diamond

1375
00:58:21,760 --> 00:58:23,359
Mountain. And the reason for that,

1376
00:58:23,359 --> 00:58:25,040
accord, if you know, if the the stories

1377
00:58:25,040 --> 00:58:26,559
are correct, is that you know, back in

1378
00:58:26,559 --> 00:58:28,400
the in the late 1800s, there were some

1379
00:58:28,400 --> 00:58:30,720
very enterprising uh you know,

1380
00:58:30,720 --> 00:58:32,319
entrepreneurs that decided that they

1381
00:58:32,319 --> 00:58:33,599
were going to sell shares in a diamond

1382
00:58:33,599 --> 00:58:37,440
mine in county uh to uh some some fairly

1383
00:58:37,440 --> 00:58:39,119
sophisticated investors actually. I

1384
00:58:39,119 --> 00:58:40,400
mean, people like Louis Tiffany of

1385
00:58:40,400 --> 00:58:42,000
Tiffany & Company, the guy that founded

1386
00:58:42,000 --> 00:58:43,839
the bank of California were actually

1387
00:58:43,839 --> 00:58:46,079
stockholders in this uh in this diamond

1388
00:58:46,079 --> 00:58:48,400
mine. Um, as I'm sure all of the

1389
00:58:48,400 --> 00:58:49,920
geologists know, we don't have diamonds

1390
00:58:49,920 --> 00:58:52,480
in New County or anywhere in Utah. Um,

1391
00:58:52,480 --> 00:58:54,880
and so this was a toll scam. Um, you

1392
00:58:54,880 --> 00:58:56,000
know, they actually would go out there

1393
00:58:56,000 --> 00:58:57,760
and they'd like sprinkle broad diamonds

1394
00:58:57,760 --> 00:58:59,119
just, you know, in very, you know,

1395
00:58:59,119 --> 00:59:00,880
obvious places and they take people in

1396
00:59:00,880 --> 00:59:02,480
on a train and then they blindfold them

1397
00:59:02,480 --> 00:59:03,520
and they take them out to where they'd

1398
00:59:03,520 --> 00:59:04,880
spread the diamonds. I mean, it was a

1399
00:59:04,880 --> 00:59:07,520
whole, it was a total scam. Um, and I do

1400
00:59:07,520 --> 00:59:09,520
worry a little bit that um, you know, I

1401
00:59:09,520 --> 00:59:10,880
don't know that we have outright scams

1402
00:59:10,880 --> 00:59:12,160
today, but we definitely have people

1403
00:59:12,160 --> 00:59:13,839
that are overselling their operations

1404
00:59:13,839 --> 00:59:15,920
and overselling the their ability to

1405
00:59:15,920 --> 00:59:18,000
produce some of these critical minerals.

1406
00:59:18,000 --> 00:59:20,160
Um, and my concern as the industry guy

1407
00:59:20,160 --> 00:59:22,480
is that, you know, for every legitimate

1408
00:59:22,480 --> 00:59:24,720
project, um, you know, if you have an

1409
00:59:24,720 --> 00:59:26,720
illegitimate project that gets attention

1410
00:59:26,720 --> 00:59:28,240
and gets funding, it's taking away from

1411
00:59:28,240 --> 00:59:29,839
those legitimate projects. like I don't

1412
00:59:29,839 --> 00:59:31,839
want you know the cylinder of the the

1413
00:59:31,839 --> 00:59:34,000
mining industry to to materialize so

1414
00:59:34,000 --> 00:59:35,920
that you know people say oh you know all

1415
00:59:35,920 --> 00:59:37,280
these mining people are just a bunch of

1416
00:59:37,280 --> 00:59:39,119
sinko salesman a bunch of you know

1417
00:59:39,119 --> 00:59:40,400
garbage and they can't really produce

1418
00:59:40,400 --> 00:59:41,760
any of this stuff and we should just go

1419
00:59:41,760 --> 00:59:44,319
and be nice to China and whatever and so

1420
00:59:44,319 --> 00:59:45,920
you know that's why it's very important

1421
00:59:45,920 --> 00:59:48,319
for us to have good data um you know for

1422
00:59:48,319 --> 00:59:50,400
us to to to make sure that the the

1423
00:59:50,400 --> 00:59:52,240
fundamentals of any mining project you

1424
00:59:52,240 --> 00:59:53,760
know whether that's those you know the

1425
00:59:53,760 --> 00:59:55,680
geological data the you know the

1426
00:59:55,680 --> 00:59:57,520
technological data for how they're going

1427
00:59:57,520 --> 01:00:00,160
to produce and process these uh these

1428
01:00:00,160 --> 01:00:02,160
critical minerals are are real so that

1429
01:00:02,160 --> 01:00:04,880
you know we don't end up having people

1430
01:00:04,880 --> 01:00:07,599
invest in things that you know are the

1431
01:00:07,599 --> 01:00:10,240
modern day equivalent of diamond.

1432
01:00:10,240 --> 01:00:12,880
Um another thing I talk about is that

1433
01:00:12,880 --> 01:00:14,480
you know in the mining industry we

1434
01:00:14,480 --> 01:00:17,040
really do need patient capital. Um you

1435
01:00:17,040 --> 01:00:18,720
know nothing in the mining industry is

1436
01:00:18,720 --> 01:00:20,400
like silicon slopes. You know you don't

1437
01:00:20,400 --> 01:00:22,720
have somebody that starts a you know a

1438
01:00:22,720 --> 01:00:24,160
mining company in their garage and then

1439
01:00:24,160 --> 01:00:25,359
a year later they've got a billion

1440
01:00:25,359 --> 01:00:26,880
dollar valuation. That's just not how

1441
01:00:26,880 --> 01:00:28,480
mining works. Um, you know, most of

1442
01:00:28,480 --> 01:00:30,000
these projects are very hard to get off

1443
01:00:30,000 --> 01:00:32,079
the ground. Um, in many cases, you're

1444
01:00:32,079 --> 01:00:33,760
going to have many, many years until you

1445
01:00:33,760 --> 01:00:35,920
actually get to profitability. In many

1446
01:00:35,920 --> 01:00:37,680
cases, the the margins are very, very

1447
01:00:37,680 --> 01:00:38,960
small, although, you know, they can

1448
01:00:38,960 --> 01:00:41,119
obviously pay off over time. So, it

1449
01:00:41,119 --> 01:00:42,799
takes a different type of capital than,

1450
01:00:42,799 --> 01:00:44,640
you know, what is generally used in the

1451
01:00:44,640 --> 01:00:46,799
venture capital space, which is, you

1452
01:00:46,799 --> 01:00:48,160
know, we want to invest in software

1453
01:00:48,160 --> 01:00:49,680
companies. And again, we want to go

1454
01:00:49,680 --> 01:00:52,240
from, you know, a billion dollar value,

1455
01:00:52,240 --> 01:00:54,319
you know, from from ping pong table to a

1456
01:00:54,319 --> 01:00:56,240
billion dollar valuation in like a year.

1457
01:00:56,240 --> 01:00:57,839
And that just that does doesn't happen

1458
01:00:57,839 --> 01:01:00,079
in in

1459
01:01:00,079 --> 01:01:01,599
the mining sector. That being said, I

1460
01:01:01,599 --> 01:01:03,119
mean, we are seeing some new investors

1461
01:01:03,119 --> 01:01:05,520
come in. This is actually a picture from

1462
01:01:05,520 --> 01:01:07,839
uh what's was the Lisbon Valley mount is

1463
01:01:07,839 --> 01:01:09,920
now called Marion Copper One. And this

1464
01:01:09,920 --> 01:01:11,440
was a mine that was acquired actually by

1465
01:01:11,440 --> 01:01:13,040
some folks that came out of the Tesla

1466
01:01:13,040 --> 01:01:15,040
world, out of the Tesla. um you know,

1467
01:01:15,040 --> 01:01:17,440
lithium and and uh you know, and some of

1468
01:01:17,440 --> 01:01:19,359
the other critical mineral supply chains

1469
01:01:19,359 --> 01:01:21,200
and started their own company and

1470
01:01:21,200 --> 01:01:22,559
actually have brought a little bit of

1471
01:01:22,559 --> 01:01:24,720
you know, that Silicon Valley uh you

1472
01:01:24,720 --> 01:01:26,640
know, investment ethos into the mining

1473
01:01:26,640 --> 01:01:28,079
sector. And so this is actually an

1474
01:01:28,079 --> 01:01:29,599
autonomous hall truck. You've got your

1475
01:01:29,599 --> 01:01:32,319
little autonomous robot dog here. Um you

1476
01:01:32,319 --> 01:01:33,599
know, that does some of the the site

1477
01:01:33,599 --> 01:01:35,280
monitoring and other things. And so I

1478
01:01:35,280 --> 01:01:37,359
mean it is very exciting to see this. Um

1479
01:01:37,359 --> 01:01:38,880
they're using a lot of AI, a lot of

1480
01:01:38,880 --> 01:01:40,240
machine learning, other things. you

1481
01:01:40,240 --> 01:01:41,520
know, they build this huge control

1482
01:01:41,520 --> 01:01:42,720
center that they actually call the

1483
01:01:42,720 --> 01:01:43,839
bridge, which is hilarious because

1484
01:01:43,839 --> 01:01:47,040
they're a bunch of bunch of nerds. Um,

1485
01:01:47,040 --> 01:01:48,559
and you know, they have brought sort of

1486
01:01:48,559 --> 01:01:50,559
that Silicon Valley ethos um, you know,

1487
01:01:50,559 --> 01:01:52,559
into this the mind that, you know, have

1488
01:01:52,559 --> 01:01:54,079
been operating very traditionally for a

1489
01:01:54,079 --> 01:01:55,760
number of years and it's exciting to see

1490
01:01:55,760 --> 01:01:58,799
those two worlds come together. Um, and,

1491
01:01:58,799 --> 01:02:00,079
uh, you know, they're they're doing a

1492
01:02:00,079 --> 01:02:01,760
lot of amazing work there. So, it really

1493
01:02:01,760 --> 01:02:04,480
is a great example. But again, you know,

1494
01:02:04,480 --> 01:02:06,240
these luckily these guys have been in

1495
01:02:06,240 --> 01:02:07,839
the, you know, the mining and mineral

1496
01:02:07,839 --> 01:02:09,440
space before and so they do understand

1497
01:02:09,440 --> 01:02:10,799
that even though they want to move a lot

1498
01:02:10,799 --> 01:02:12,000
quicker than we have traditionally in

1499
01:02:12,000 --> 01:02:14,319
the mining industry, it's still not, you

1500
01:02:14,319 --> 01:02:15,920
know, these these quick turnaround type

1501
01:02:15,920 --> 01:02:18,400
of operations.

1502
01:02:18,400 --> 01:02:21,599
Um, anyway, this is a little quote from

1503
01:02:21,599 --> 01:02:23,599
Secretary Bergam that, you know, I

1504
01:02:23,599 --> 01:02:25,040
always like to make the point that, you

1505
01:02:25,040 --> 01:02:26,319
know, if you want to invest in mining

1506
01:02:26,319 --> 01:02:27,599
and you want to actually produce these

1507
01:02:27,599 --> 01:02:28,880
minerals, you need to invest in the

1508
01:02:28,880 --> 01:02:30,400
states where these minerals actually

1509
01:02:30,400 --> 01:02:32,880
exist. So, you know, when I see mineral

1510
01:02:32,880 --> 01:02:35,040
investments going to, you know, places

1511
01:02:35,040 --> 01:02:36,799
like Louisiana or Oklahoma, it always

1512
01:02:36,799 --> 01:02:38,160
bothers me a little bit because those

1513
01:02:38,160 --> 01:02:39,440
are, you know, it's fine if you want to

1514
01:02:39,440 --> 01:02:41,680
do processing there, but I'd much rather

1515
01:02:41,680 --> 01:02:43,200
do the processing and have those

1516
01:02:43,200 --> 01:02:44,640
investments in the states where the

1517
01:02:44,640 --> 01:02:46,319
minerals actually exist and where we

1518
01:02:46,319 --> 01:02:48,480
have the the expertise in the background

1519
01:02:48,480 --> 01:02:50,319
to produce them and the the regulatory

1520
01:02:50,319 --> 01:02:52,400
environment. And so, that leads me into

1521
01:02:52,400 --> 01:02:53,920
these last slides. You know, why do you

1522
01:02:53,920 --> 01:02:56,480
want to invest in Utah? You know, 163

1523
01:02:56,480 --> 01:02:58,319
years of commercial mining, we're top

1524
01:02:58,319 --> 01:03:00,480
mining global jurisdiction. I mean the

1525
01:03:00,480 --> 01:03:02,000
you know I used to be really excited

1526
01:03:02,000 --> 01:03:03,839
about the Fraser Institute survey when

1527
01:03:03,839 --> 01:03:05,520
we were number one but now we're not and

1528
01:03:05,520 --> 01:03:07,908
so I think it's much garbage now but

1529
01:03:07,908 --> 01:03:07,920
>> [laughter]

1530
01:03:07,920 --> 01:03:10,400
>> um anyway those those bounce all over

1531
01:03:10,400 --> 01:03:11,920
the place um but we do have a

1532
01:03:11,920 --> 01:03:14,319
world-class modern mining industry here

1533
01:03:14,319 --> 01:03:15,839
you know we've been a top 10 hard rock

1534
01:03:15,839 --> 01:03:18,480
mineral producer for a number of years I

1535
01:03:18,480 --> 01:03:19,520
don't know when the last time we were

1536
01:03:19,520 --> 01:03:21,280
out of the top 10 is I'm sure one of you

1537
01:03:21,280 --> 01:03:24,000
guys would know that but um you know

1538
01:03:24,000 --> 01:03:25,599
been a top 10 mineral producer for a

1539
01:03:25,599 --> 01:03:27,599
long time we've kind of fallen out a

1540
01:03:27,599 --> 01:03:29,520
little bit on the coal side Um there's

1541
01:03:29,520 --> 01:03:31,119
some production slowdowns, but we'll get

1542
01:03:31,119 --> 01:03:33,200
back into the top 10 there as well. Um

1543
01:03:33,200 --> 01:03:34,640
and then on the business side, a top

1544
01:03:34,640 --> 01:03:35,920
state for business, you know, high

1545
01:03:35,920 --> 01:03:37,359
rankings for economic outlook and

1546
01:03:37,359 --> 01:03:39,359
quality of life, things of that nature.

1547
01:03:39,359 --> 01:03:41,200
Um you know, a history of recruiting

1548
01:03:41,200 --> 01:03:42,880
talent and businesses. We've got great

1549
01:03:42,880 --> 01:03:44,319
research universities here. And then

1550
01:03:44,319 --> 01:03:46,480
also a young population, which means

1551
01:03:46,480 --> 01:03:48,079
that we have the potential for workforce

1552
01:03:48,079 --> 01:03:50,319
growth in a way that other states don't.

1553
01:03:50,319 --> 01:03:51,680
even though obviously we have a lot of

1554
01:03:51,680 --> 01:03:53,599
workforce challenges with not as many

1555
01:03:53,599 --> 01:03:56,720
people going into uh you know into the

1556
01:03:56,720 --> 01:03:58,240
mining sector and into some of the other

1557
01:03:58,240 --> 01:03:59,839
disciplines that feed into the mining

1558
01:03:59,839 --> 01:04:01,200
sector as we need and that's something

1559
01:04:01,200 --> 01:04:03,200
that we're working very hard on with the

1560
01:04:03,200 --> 01:04:04,799
University of Utah and our other

1561
01:04:04,799 --> 01:04:07,760
institutions of higher education here um

1562
01:04:07,760 --> 01:04:09,359
and also you know we have a culture of

1563
01:04:09,359 --> 01:04:11,280
collaboration here I think that you know

1564
01:04:11,280 --> 01:04:12,559
the state government works very well

1565
01:04:12,559 --> 01:04:14,319
with industry we try and work very well

1566
01:04:14,319 --> 01:04:16,400
with our other states with uh the

1567
01:04:16,400 --> 01:04:18,720
federal government um you know we do

1568
01:04:18,720 --> 01:04:20,720
have a lot of of uh interstate

1569
01:04:20,720 --> 01:04:22,240
collaboration here. So, I mean, you

1570
01:04:22,240 --> 01:04:23,920
know, I have very close relationships

1571
01:04:23,920 --> 01:04:26,079
with all the other mining associations,

1572
01:04:26,079 --> 01:04:27,680
western mining associations. We actually

1573
01:04:27,680 --> 01:04:28,880
just met a couple of weeks ago in

1574
01:04:28,880 --> 01:04:30,799
Nevada. Um, you know, history of

1575
01:04:30,799 --> 01:04:33,119
regional partnerships and also a great

1576
01:04:33,119 --> 01:04:35,440
history of, you know, federal and state

1577
01:04:35,440 --> 01:04:37,280
partnerships. And so, I think you guys

1578
01:04:37,280 --> 01:04:39,520
just saw recently the announcement

1579
01:04:39,520 --> 01:04:40,720
there's going to be a couple of mineral

1580
01:04:40,720 --> 01:04:42,640
processing facilities out of the to Army

1581
01:04:42,640 --> 01:04:44,640
Depot. We still know exactly what that

1582
01:04:44,640 --> 01:04:46,160
looks like to be honest, but again it's

1583
01:04:46,160 --> 01:04:48,640
just an example that you know we we can

1584
01:04:48,640 --> 01:04:50,000
make sure that you know if the federal

1585
01:04:50,000 --> 01:04:52,400
government does have a a project or goal

1586
01:04:52,400 --> 01:04:53,920
that you know Utah can help to

1587
01:04:53,920 --> 01:04:56,240
facilitate that. And so on that note

1588
01:04:56,240 --> 01:04:57,760
that's one of the reasons oh well

1589
01:04:57,760 --> 01:04:59,440
actually I'll get to this. These are

1590
01:04:59,440 --> 01:05:00,640
some of the things we've done over the

1591
01:05:00,640 --> 01:05:02,160
last few years to try and expand the

1592
01:05:02,160 --> 01:05:03,920
mining industry the exploration tax

1593
01:05:03,920 --> 01:05:06,400
credit infrastructure tax credit

1594
01:05:06,400 --> 01:05:08,880
expanding at TIFF and inland port

1595
01:05:08,880 --> 01:05:10,799
project areas. We want to make sure that

1596
01:05:10,799 --> 01:05:12,640
there are investment incentives that are

1597
01:05:12,640 --> 01:05:14,880
targeted specifically for the mining

1598
01:05:14,880 --> 01:05:16,400
industry and other heavy industries and

1599
01:05:16,400 --> 01:05:17,680
not just the ones that have been there

1600
01:05:17,680 --> 01:05:20,240
traditionally. Um, you know, like ETIF,

1601
01:05:20,240 --> 01:05:22,640
for example, ETIF is an economic job

1602
01:05:22,640 --> 01:05:25,200
creation tax credit that's been in use

1603
01:05:25,200 --> 01:05:26,720
in Utah for a long time, but we've been

1604
01:05:26,720 --> 01:05:28,319
able to expand it so it's more useful in

1605
01:05:28,319 --> 01:05:30,000
the mining industry. It's more useful in

1606
01:05:30,000 --> 01:05:33,280
rural areas. um and just make sure that

1607
01:05:33,280 --> 01:05:34,559
again we're we're providing the

1608
01:05:34,559 --> 01:05:37,839
investment uh opportunities for Utah so

1609
01:05:37,839 --> 01:05:39,520
that that capital can come here versus

1610
01:05:39,520 --> 01:05:41,359
other places.

1611
01:05:41,359 --> 01:05:43,839
So um I want to just end by talking

1612
01:05:43,839 --> 01:05:46,079
about this is the the governor's mission

1613
01:05:46,079 --> 01:05:48,480
critical critical minerals policy

1614
01:05:48,480 --> 01:05:51,119
framework. Um so this was a great

1615
01:05:51,119 --> 01:05:54,000
example of uh something that had been uh

1616
01:05:54,000 --> 01:05:55,760
happening for a long time with a lot of

1617
01:05:55,760 --> 01:05:58,880
partners. Um you know we we've had lots

1618
01:05:58,880 --> 01:06:00,160
of discussions with the governor's

1619
01:06:00,160 --> 01:06:02,319
office and with the legislature with a

1620
01:06:02,319 --> 01:06:04,079
lot of different agencies including the

1621
01:06:04,079 --> 01:06:07,680
UGS um you know world trade center AUI a

1622
01:06:07,680 --> 01:06:09,760
lot university of Utah a lot of partners

1623
01:06:09,760 --> 01:06:12,000
have been talking about how do we really

1624
01:06:12,000 --> 01:06:14,559
uh put together a a framework so that

1625
01:06:14,559 --> 01:06:16,240
Utah can take a leadership position on

1626
01:06:16,240 --> 01:06:18,480
the critical minerals front. Um the

1627
01:06:18,480 --> 01:06:20,319
governor kind of took this and gave it a

1628
01:06:20,319 --> 01:06:22,880
fancy name and um you know some nice

1629
01:06:22,880 --> 01:06:25,440
graphics and so this is uh essentially

1630
01:06:25,440 --> 01:06:27,359
what is in the governor's mission

1631
01:06:27,359 --> 01:06:31,119
critical uh that you know we we have um

1632
01:06:31,119 --> 01:06:33,839
increased permitting efficiency that you

1633
01:06:33,839 --> 01:06:36,079
know we increase our permitting uh

1634
01:06:36,079 --> 01:06:38,720
turnaround by uh you know 50% to less

1635
01:06:38,720 --> 01:06:40,960
than 18 months where you can go from

1636
01:06:40,960 --> 01:06:42,480
submitting a permit to actually having

1637
01:06:42,480 --> 01:06:45,039
that permit uh

1638
01:06:45,039 --> 01:06:45,920
um [clears throat]

1639
01:06:45,920 --> 01:06:49,920
granted. um that we're capturing 20 to

1640
01:06:49,920 --> 01:06:52,880
25% of the US domestic mineral crit

1641
01:06:52,880 --> 01:06:55,359
critical mineral demand um which you

1642
01:06:55,359 --> 01:06:57,119
know I think given our our mineral

1643
01:06:57,119 --> 01:07:02,960
resources it's not you know it's it's a lift but it's a I think a re goal

1644
01:07:02,960 --> 01:07:04,400
um that we're retaining more of the

1645
01:07:04,400 --> 01:07:05,920
economic value of that that we're not

1646
01:07:05,920 --> 01:07:07,839
just mining state that we also become a

1647
01:07:07,839 --> 01:07:09,839
processing state that we become you know

1648
01:07:09,839 --> 01:07:11,520
a manufacturing state on the mineral

1649
01:07:11,520 --> 01:07:13,920
front um again energy fuels is a great

1650
01:07:13,920 --> 01:07:16,160
example of this where you know not only

1651
01:07:16,160 --> 01:07:17,440
they going to be doing the processing

1652
01:07:17,440 --> 01:07:18,960
for rare earth. But they also just

1653
01:07:18,960 --> 01:07:20,880
announced that um you know they've

1654
01:07:20,880 --> 01:07:24,319
acquired a an Australian uh rare earth

1655
01:07:24,319 --> 01:07:26,559
alloying company and they're going to be

1656
01:07:26,559 --> 01:07:28,319
creating an alloying facility here in

1657
01:07:28,319 --> 01:07:30,400
Utah and we'd love to then see you know

1658
01:07:30,400 --> 01:07:32,160
the manufacturing for rare earth magnets

1659
01:07:32,160 --> 01:07:33,599
and other things also follow along

1660
01:07:33,599 --> 01:07:36,079
there. Um and then also that we're a

1661
01:07:36,079 --> 01:07:38,720
leader in innovation. Um and so I want

1662
01:07:38,720 --> 01:07:40,079
to talk a little bit about the mind

1663
01:07:40,079 --> 01:07:41,440
center. I'm sure many of you have heard

1664
01:07:41,440 --> 01:07:43,839
about this. So this was created in some

1665
01:07:43,839 --> 01:07:46,240
legislation that was passed in the last

1666
01:07:46,240 --> 01:07:49,119
session uh HB24

1667
01:07:49,119 --> 01:07:51,680
from Senator Milner. Um and this created

1668
01:07:51,680 --> 01:07:52,960
a number of things on the critical

1669
01:07:52,960 --> 01:07:54,240
minerals front. First it created a

1670
01:07:54,240 --> 01:07:55,920
critical minerals council so that we'll

1671
01:07:55,920 --> 01:07:57,839
have statewide coordination on critical

1672
01:07:57,839 --> 01:07:59,680
mineral issues and we've got

1673
01:07:59,680 --> 01:08:01,280
representatives from the legislature and

1674
01:08:01,280 --> 01:08:04,160
from industry and academia and DNR and

1675
01:08:04,160 --> 01:08:06,000
other state agencies on there. But it

1676
01:08:06,000 --> 01:08:07,760
also created um there's also some

1677
01:08:07,760 --> 01:08:09,280
accelerated permitting and other things

1678
01:08:09,280 --> 01:08:11,039
like that. But it also created what's

1679
01:08:11,039 --> 01:08:12,240
called the mine center. So this is

1680
01:08:12,240 --> 01:08:13,920
minerals for industrial, national and

1681
01:08:13,920 --> 01:08:16,319
economic security. And what we're

1682
01:08:16,319 --> 01:08:17,920
envisioning with this, this would

1683
01:08:17,920 --> 01:08:20,560
actually be a processing uh test bed and

1684
01:08:20,560 --> 01:08:22,880
scale up facility. Um so you know so

1685
01:08:22,880 --> 01:08:24,719
obviously there's a lot that's happening

1686
01:08:24,719 --> 01:08:26,640
you know with the universities and you

1687
01:08:26,640 --> 01:08:28,000
know being able to sort of test

1688
01:08:28,000 --> 01:08:30,080
processing new processing on on kind of

1689
01:08:30,080 --> 01:08:32,239
a bench scale. Um, but we want to be

1690
01:08:32,239 --> 01:08:33,920
able to get from, you know, that kind of

1691
01:08:33,920 --> 01:08:36,080
kilogram level up to, you know, a

1692
01:08:36,080 --> 01:08:38,239
multiple ton per day level to where we

1693
01:08:38,239 --> 01:08:39,839
can actually, you know, have industry

1694
01:08:39,839 --> 01:08:42,159
come in and and create design criteria

1695
01:08:42,159 --> 01:08:43,920
for processing projects so that then

1696
01:08:43,920 --> 01:08:45,920
they can go and and justify those making

1697
01:08:45,920 --> 01:08:48,080
those investments for standalone

1698
01:08:48,080 --> 01:08:51,040
facilities at their at their operations.

1699
01:08:51,040 --> 01:08:52,480
Also, there's the potential to, you

1700
01:08:52,480 --> 01:08:54,159
know, modularize some of these things to

1701
01:08:54,159 --> 01:08:55,440
where, you know, you could have some of

1702
01:08:55,440 --> 01:08:57,120
these processing technologies that you

1703
01:08:57,120 --> 01:08:58,560
can put in, you know, shipping

1704
01:08:58,560 --> 01:09:03,120
containers and and, you know, get out to sites very quickly. And so that the

1705
01:09:03,120 --> 01:09:05,600
facility will be designed as that. You

1706
01:09:05,600 --> 01:09:07,359
know, you'll be able to to bring in feed

1707
01:09:07,359 --> 01:09:09,839
stocks from different mining operations

1708
01:09:09,839 --> 01:09:11,679
and and test them and test different

1709
01:09:11,679 --> 01:09:15,040
processing uh technologies, you know,

1710
01:09:15,040 --> 01:09:16,880
using heat, using, you know, chemical,

1711
01:09:16,880 --> 01:09:18,719
using, you know, flotation, I mean,

1712
01:09:18,719 --> 01:09:21,359
other things like that. Um, and you

1713
01:09:21,359 --> 01:09:23,120
know, again, get from that that sort of

1714
01:09:23,120 --> 01:09:24,960
kilogram level up to a multiple ton per

1715
01:09:24,960 --> 01:09:26,799
day level so that you can, you know,

1716
01:09:26,799 --> 01:09:31,040
create those those design criteria and make the the the investments that

1717
01:09:31,040 --> 01:09:33,199
are needed. Um, we'd like in the future

1718
01:09:33,199 --> 01:09:34,799
to, you know, make sure that all this is

1719
01:09:34,799 --> 01:09:37,600
obviously has an AI lens. We've talked

1720
01:09:37,600 --> 01:09:39,279
about, you know, autonomous test beds,

1721
01:09:39,279 --> 01:09:40,880
underground test beds, and things like

1722
01:09:40,880 --> 01:09:41,920
that. I think there's a lot of

1723
01:09:41,920 --> 01:09:43,920
opportunities for growth in the future.

1724
01:09:43,920 --> 01:09:46,000
So, we actually got $11 million from the

1725
01:09:46,000 --> 01:09:47,839
legislature to do sort of the first

1726
01:09:47,839 --> 01:09:49,839
phase of this and we're actually using

1727
01:09:49,839 --> 01:09:51,839
that to lobby the federal government to

1728
01:09:51,839 --> 01:09:54,239
try and get some national resources. Um,

1729
01:09:54,239 --> 01:09:55,920
you know, with $1 million I think we

1730
01:09:55,920 --> 01:09:57,840
could create a very sort of nice

1731
01:09:57,840 --> 01:09:59,920
state-sized facility, but ultimately

1732
01:09:59,920 --> 01:10:01,520
we'd like this to be sort of a national

1733
01:10:01,520 --> 01:10:02,960
scale facility and for that we'd

1734
01:10:02,960 --> 01:10:05,120
obviously need national resources. And

1735
01:10:05,120 --> 01:10:06,960
so, that's something that we're working

1736
01:10:06,960 --> 01:10:08,400
very hard with the federal government to

1737
01:10:08,400 --> 01:10:09,520
try and get some more national

1738
01:10:09,520 --> 01:10:11,520
resources. And people have talked about

1739
01:10:11,520 --> 01:10:13,040
this as, you know, potentially becoming

1740
01:10:13,040 --> 01:10:14,400
kind of a critical minerals national

1741
01:10:14,400 --> 01:10:16,080
lab. I I don't [clears throat] want to

1742
01:10:16,080 --> 01:10:17,440
talk about national labs because that

1743
01:10:17,440 --> 01:10:18,800
just freaks out the existing national

1744
01:10:18,800 --> 01:10:20,400
labs, but I think that's really could be

1745
01:10:20,400 --> 01:10:21,920
sort of a national center of excellence

1746
01:10:21,920 --> 01:10:24,239
for critical minerals and help to you

1747
01:10:24,239 --> 01:10:27,679
know be sort of the the the hub of a a

1748
01:10:27,679 --> 01:10:30,000
regional system too where you you know

1749
01:10:30,000 --> 01:10:32,000
bring in opportunities from that are

1750
01:10:32,000 --> 01:10:34,080
happening in other states. Um, but we

1751
01:10:34,080 --> 01:10:36,239
feel that Utah is the place to do that.

1752
01:10:36,239 --> 01:10:37,760
And partly because again, you know, it's

1753
01:10:37,760 --> 01:10:39,679
going to be much better to have a a

1754
01:10:39,679 --> 01:10:41,280
national sort of center of excellence in

1755
01:10:41,280 --> 01:10:43,120
Salt Lake City where you can recruit

1756
01:10:43,120 --> 01:10:44,400
people and where you've got all the

1757
01:10:44,400 --> 01:10:47,840
logistical um connections and you know

1758
01:10:47,840 --> 01:10:49,520
again the high quality of life and all

1759
01:10:49,520 --> 01:10:51,120
those things versus you know trying to

1760
01:10:51,120 --> 01:10:53,520
stick this in Nevada or Cheyenne

1761
01:10:53,520 --> 01:10:56,000
Wyoming. So um that obviously you know

1762
01:10:56,000 --> 01:10:58,880
reveals my state bias but that's okay.

1763
01:10:58,880 --> 01:11:01,840
Um, so that's the end of my

1764
01:11:01,840 --> 01:11:06,480
presentation. Um, and yeah, love to

1765
01:11:06,480 --> 01:11:09,040
answer any questions or have some

1766
01:11:09,040 --> 01:11:11,760
discussions about what we can do to

1767
01:11:11,760 --> 01:11:18,149
support you guys.

1768
01:11:18,159 --> 01:11:21,360
» How do you So, a question I have, um, I

1769
01:11:21,360 --> 01:11:23,360
work with groundwater a lot. like what's

1770
01:11:23,360 --> 01:11:25,679
your general response when people bring

1771
01:11:25,679 --> 01:11:27,679
up concerns about the environmental

1772
01:11:27,679 --> 01:11:30,400
consequences of uh you know mining and

1773
01:11:30,400 --> 01:11:31,679
things like that?

1774
01:11:31,679 --> 01:11:34,159
>> Um so a couple of things I mean one is

1775
01:11:34,159 --> 01:11:35,679
that I I think that people have to

1776
01:11:35,679 --> 01:11:38,560
recognize that I mean first of all you

1777
01:11:38,560 --> 01:11:42,480
know the these minerals are if we don't produce them here they're

1778
01:11:42,480 --> 01:11:44,560
going to be be produced somewhere else

1779
01:11:44,560 --> 01:11:46,640
and generally in places that don't have

1780
01:11:46,640 --> 01:11:48,159
any environmental controls that don't

1781
01:11:48,159 --> 01:11:50,719
have any labor standards. Um, and so I

1782
01:11:50,719 --> 01:11:51,679
think, you know, if you're really

1783
01:11:51,679 --> 01:11:53,920
concerned about, you know, the sort of

1784
01:11:53,920 --> 01:11:56,320
worldwide, you know, environment, then

1785
01:11:56,320 --> 01:11:58,080
it's much better to produce minerals in

1786
01:11:58,080 --> 01:11:59,679
countries that that have stringent

1787
01:11:59,679 --> 01:12:02,880
environmental labor standards. Um, and I

1788
01:12:02,880 --> 01:12:04,960
also think that especially when a lot of

1789
01:12:04,960 --> 01:12:06,880
the minerals exist in the west, I mean,

1790
01:12:06,880 --> 01:12:08,400
water for in particular is something

1791
01:12:08,400 --> 01:12:11,440
that we really have to deal with. Um and

1792
01:12:11,440 --> 01:12:14,000
you know mining obviously can be water

1793
01:12:14,000 --> 01:12:15,760
intensive but I think that's part of the

1794
01:12:15,760 --> 01:12:17,040
reason that we also need to make

1795
01:12:17,040 --> 01:12:19,360
investments in uh in research and

1796
01:12:19,360 --> 01:12:21,120
innovation so that we can you know

1797
01:12:21,120 --> 01:12:23,920
reduce water usage um and and even when

1798
01:12:23,920 --> 01:12:26,080
there is sort of necessary water usage I

1799
01:12:26,080 --> 01:12:28,159
mean even doing the research to figure

1800
01:12:28,159 --> 01:12:29,679
out you know how can we make sure that

1801
01:12:29,679 --> 01:12:31,760
any water that is being used can be

1802
01:12:31,760 --> 01:12:33,840
recycled you know or if it does have to

1803
01:12:33,840 --> 01:12:34,960
be released to make sure that you're

1804
01:12:34,960 --> 01:12:38,719
releasing you know water that has the highest purity standards that we can

1805
01:12:38,719 --> 01:12:40,880
have and also I mean frankly too. You

1806
01:12:40,880 --> 01:12:42,480
know, if you're releasing water that

1807
01:12:42,480 --> 01:12:43,920
doesn't, you know, meet the kind of

1808
01:12:43,920 --> 01:12:45,920
criteria you want, well, I mean,

1809
01:12:45,920 --> 01:12:47,520
obviously it has to meet, you know,

1810
01:12:47,520 --> 01:12:52,159
discharge criteria that, you know, the state and the the federal government

1811
01:12:52,159 --> 01:12:54,480
require, but um I mean, even with some

1812
01:12:54,480 --> 01:12:55,920
of the dissolve solids and other things

1813
01:12:55,920 --> 01:12:57,760
that are that, you know, are permissible

1814
01:12:57,760 --> 01:13:02,239
in in uh um in in water releases, in

1815
01:13:02,239 --> 01:13:04,080
most in most cases, those are minerals

1816
01:13:04,080 --> 01:13:05,920
that could potentially be productively

1817
01:13:05,920 --> 01:13:08,640
used. And so um I do think again there

1818
01:13:08,640 --> 01:13:10,560
needs to be more research and innovation

1819
01:13:10,560 --> 01:13:12,880
so that we can figure out how to you

1820
01:13:12,880 --> 01:13:15,600
know be as friendly as possible. Um you

1821
01:13:15,600 --> 01:13:17,280
know one of the challenges we have is

1822
01:13:17,280 --> 01:13:19,679
that you know we we have had you know we

1823
01:13:19,679 --> 01:13:24,560
did have many years of uh you know of

1824
01:13:24,560 --> 01:13:26,080
not having those kind of environmental

1825
01:13:26,080 --> 01:13:27,920
controls in the mining industry and not

1826
01:13:27,920 --> 01:13:29,280
just the mining industry. I mean most

1827
01:13:29,280 --> 01:13:31,920
heavy industry I mean you know I mean

1828
01:13:31,920 --> 01:13:33,280
when I was born you still didn't have to

1829
01:13:33,280 --> 01:13:34,640
have seat belts in your car for heaven's

1830
01:13:34,640 --> 01:13:36,480
sake. So, you know, I I think that these

1831
01:13:36,480 --> 01:13:38,320
things evolve over time, but again, what

1832
01:13:38,320 --> 01:13:40,000
happens today in the mining industry is

1833
01:13:40,000 --> 01:13:41,760
so vastly different than what happened

1834
01:13:41,760 --> 01:13:44,320
50 years ago, but I mean that legacy is

1835
01:13:44,320 --> 01:13:45,760
something that gets kind of thrown in

1836
01:13:45,760 --> 01:13:48,080
our face pretty frequently. Um, so

1837
01:13:48,080 --> 01:13:49,040
again, there's, you know, a big

1838
01:13:49,040 --> 01:13:50,640
contingent down in southern Utah and

1839
01:13:50,640 --> 01:13:52,080
like you never hear about what is

1840
01:13:52,080 --> 01:13:53,520
happening in southern Utah right now.

1841
01:13:53,520 --> 01:13:54,960
You hear about what happened during the

1842
01:13:54,960 --> 01:13:57,199
uranium boom back in the, you know, 50s

1843
01:13:57,199 --> 01:13:59,120
and 60s and but, you know, that's a

1844
01:13:59,120 --> 01:14:02,239
legacy that has to be dealt with. But um

1845
01:14:02,239 --> 01:14:04,320
yeah, I I I do think that a lot of the

1846
01:14:04,320 --> 01:14:06,719
technologies that are in use today are

1847
01:14:06,719 --> 01:14:08,239
so much better than they were even a few

1848
01:14:08,239 --> 01:14:10,960
years ago. Um and you know, the mining

1849
01:14:10,960 --> 01:14:12,960
industry is always looking to lessen its

1850
01:14:12,960 --> 01:14:14,880
environmental impact. one because that

1851
01:14:14,880 --> 01:14:16,640
helps us maintain our social license to

1852
01:14:16,640 --> 01:14:19,840
operate, but also because um I mean

1853
01:14:19,840 --> 01:14:25,120
frankly that um you know

1854
01:14:25,120 --> 01:14:29,679
being able to to minimize the amount of environmental impact is ultimately

1855
01:14:29,679 --> 01:14:31,120
good for business because I mean you're

1856
01:14:31,120 --> 01:14:32,400
not dealing with these kind of you know

1857
01:14:32,400 --> 01:14:34,480
legacy sites that are going to you know

1858
01:14:34,480 --> 01:14:36,320
require you know maintenance and

1859
01:14:36,320 --> 01:14:39,520
monitoring for years into the future. So

1860
01:14:39,520 --> 01:14:39,920
okay,

1861
01:14:39,920 --> 01:14:41,760
>> I'd also add there is this there's an

1862
01:14:41,760 --> 01:14:43,760
equity and social justice component to

1863
01:14:43,760 --> 01:14:45,840
this as well because here in the west we

1864
01:14:45,840 --> 01:14:47,840
do enjoy a very high standard of living

1865
01:14:47,840 --> 01:14:50,000
a very mineral intensive standard of

1866
01:14:50,000 --> 01:14:52,480
living and by refusing to take on and

1867
01:14:52,480 --> 01:14:54,400
manage our fair share of the resource

1868
01:14:54,400 --> 01:14:57,199
impact globally we're shoving that off

1869
01:14:57,199 --> 01:14:58,640
into other countries and making them

1870
01:14:58,640 --> 01:15:00,560
deal with the impacts and the outcomes

1871
01:15:00,560 --> 01:15:02,800
while we are the ones who tend to have

1872
01:15:02,800 --> 01:15:04,960
the benefit of the very resource

1873
01:15:04,960 --> 01:15:06,880
intensive. So I also think there's kind

1874
01:15:06,880 --> 01:15:09,440
of a global social justice and equity

1875
01:15:09,440 --> 01:15:11,360
component to this of the US needing to

1876
01:15:11,360 --> 01:15:14,239
really um start managing our fair share

1877
01:15:14,239 --> 01:15:16,239
of the resources that make our lifestyle

1878
01:15:16,239 --> 01:15:17,920
what it is today. So I do think there's

1879
01:15:17,920 --> 01:15:20,000
a component of that as well.

1880
01:15:20,000 --> 01:15:21,360
>> And that that's a great point. I mean,

1881
01:15:21,360 --> 01:15:23,040
nobody's willing to, you know, give up

1882
01:15:23,040 --> 01:15:25,120
the, you know, all the devices and, you

1883
01:15:25,120 --> 01:15:26,640
know, our cars and everything else that

1884
01:15:26,640 --> 01:15:28,640
we use. And, yeah, I mean, it is a

1885
01:15:28,640 --> 01:15:29,920
little bothersome to me when you have

1886
01:15:29,920 --> 01:15:31,280
people that'll, you know, drive across

1887
01:15:31,280 --> 01:15:32,960
town for a fair trade coffee bean and

1888
01:15:32,960 --> 01:15:34,159
they're, you know, an electric car

1889
01:15:34,159 --> 01:15:36,000
that's full of cobalt from, you know,

1890
01:15:36,000 --> 01:15:38,320
child miners and the Congo. So, I mean,

1891
01:15:38,320 --> 01:15:40,719
that's just that's not acceptable. So, I

1892
01:15:40,719 --> 01:15:42,000
think that that's something that that

1893
01:15:42,000 --> 01:15:43,679
does have to be dealt with and and we

1894
01:15:43,679 --> 01:15:45,120
can deal with it. And it's not just the

1895
01:15:45,120 --> 01:15:46,480
US. I mean there's a lot of you know

1896
01:15:46,480 --> 01:15:49,520
responsible mining jurisdictions but um

1897
01:15:49,520 --> 01:15:50,719
you know unfortunately a lot of the

1898
01:15:50,719 --> 01:15:53,440
minerals that are in use today are

1899
01:15:53,440 --> 01:15:57,840
produced in very you know unregulated

1900
01:15:57,840 --> 01:15:59,760
jurisdictions and you know jurisdictions

1901
01:15:59,760 --> 01:16:02,239
where things happen that you know would

1902
01:16:02,239 --> 01:16:04,080
appall the average you know person in an

1903
01:16:04,080 --> 01:16:05,679
industrialized country if they want to

1904
01:16:05,679 --> 01:16:09,750
pay attention to it.

1905
01:16:09,760 --> 01:16:11,440
» Could you just give us a thumbnail

1906
01:16:11,440 --> 01:16:13,920
sketch of the Utah Mining Association?

1907
01:16:13,920 --> 01:16:18,400
um you know organization membership etc.

1908
01:16:18,400 --> 01:16:20,640
>> Um so the Utah Mining Association was

1909
01:16:20,640 --> 01:16:25,199
founded in 1915 and so we're one of the older mining associations in the

1910
01:16:25,199 --> 01:16:27,600
country. Um you know there's a couple

1911
01:16:27,600 --> 01:16:29,199
that have us be you know in Colorado and

1912
01:16:29,199 --> 01:16:32,159
others but that's okay. Um so you know

1913
01:16:32,159 --> 01:16:34,640
we were uh created obviously to you know

1914
01:16:34,640 --> 01:16:36,880
be an advocacy organization for the

1915
01:16:36,880 --> 01:16:38,800
mining industry. Um, our founding

1916
01:16:38,800 --> 01:16:40,080
members were actually, you know, what

1917
01:16:40,080 --> 01:16:41,679
was the Utah Copper Company at the time,

1918
01:16:41,679 --> 01:16:44,400
now you know, known as Riot Kenn. Um,

1919
01:16:44,400 --> 01:16:46,000
and we were actually created originally

1920
01:16:46,000 --> 01:16:47,679
as a chapter of the American Mining

1921
01:16:47,679 --> 01:16:49,440
Congress, which no longer exists, but we

1922
01:16:49,440 --> 01:16:52,400
became, you know, independently, uh, uh,

1923
01:16:52,400 --> 01:16:56,000
incorporated back in the the 60s. Um, so

1924
01:16:56,000 --> 01:16:58,560
our membership, uh, we basically have,

1925
01:16:58,560 --> 01:17:00,320
uh, you know, all most of the major

1926
01:17:00,320 --> 01:17:02,080
mining operations in the state. We still

1927
01:17:02,080 --> 01:17:03,679
have a few holdouts that we always have

1928
01:17:03,679 --> 01:17:05,920
to work on. Um and then a lot of service

1929
01:17:05,920 --> 01:17:07,120
companies that work in the mining

1930
01:17:07,120 --> 01:17:09,120
industries and these can be you know

1931
01:17:09,120 --> 01:17:11,520
anything from uh you know engineering

1932
01:17:11,520 --> 01:17:13,679
firms to law firms to equipment

1933
01:17:13,679 --> 01:17:16,320
providers to um you know consumable

1934
01:17:16,320 --> 01:17:18,000
providers. I mean anybody that has a

1935
01:17:18,000 --> 01:17:20,080
stake in you know servicing the mining

1936
01:17:20,080 --> 01:17:21,600
industry and wants the mining industry

1937
01:17:21,600 --> 01:17:23,280
to stay healthy we try and go after them

1938
01:17:23,280 --> 01:17:26,640
to be uh to be our members. Um so

1939
01:17:26,640 --> 01:17:28,560
currently we've got a little over 180

1940
01:17:28,560 --> 01:17:30,560
members. Um again most of the major

1941
01:17:30,560 --> 01:17:32,159
mining operations in the state and then

1942
01:17:32,159 --> 01:17:35,040
a lot of service members. Um, and our

1943
01:17:35,040 --> 01:17:37,120
primary responsibility as the mining

1944
01:17:37,120 --> 01:17:39,120
industry are to to be advocates. I mean,

1945
01:17:39,120 --> 01:17:41,600
I'm a registered lobbyist. Um, I do a

1946
01:17:41,600 --> 01:17:43,199
lot of work with our our legislature,

1947
01:17:43,199 --> 01:17:45,360
with our state agencies, with, you know,

1948
01:17:45,360 --> 01:17:47,199
local governments and with the federal

1949
01:17:47,199 --> 01:17:49,040
government, our f federal regulatory

1950
01:17:49,040 --> 01:17:51,440
agencies, our federal delegation. Um,

1951
01:17:51,440 --> 01:17:54,080
and so, anything that is going to make

1952
01:17:54,080 --> 01:17:56,000
it better to mine in Utah, we want to

1953
01:17:56,000 --> 01:17:57,520
promote those policies. And anything

1954
01:17:57,520 --> 01:17:59,280
that makes it a problem to mine in Utah,

1955
01:17:59,280 --> 01:18:02,000
we want to try and fix those policies or

1956
01:18:02,000 --> 01:18:05,120
make them go away. Um so um in some

1957
01:18:05,120 --> 01:18:06,800
cases that is you know passing

1958
01:18:06,800 --> 01:18:08,400
standalone bills like the the critical

1959
01:18:08,400 --> 01:18:10,159
mineral bills that I I bill that I

1960
01:18:10,159 --> 01:18:12,640
talked about. Um in some cases it's just

1961
01:18:12,640 --> 01:18:14,400
making little you know tweaks to bills

1962
01:18:14,400 --> 01:18:16,080
where there's just something where you

1963
01:18:16,080 --> 01:18:17,840
know maybe money got pulled into it you

1964
01:18:17,840 --> 01:18:19,520
know inadvertently into a bill and we

1965
01:18:19,520 --> 01:18:21,360
just try and you know get ourselves

1966
01:18:21,360 --> 01:18:24,080
exempted out of those things. Um in some

1967
01:18:24,080 --> 01:18:27,040
cases those can be very specific to to

1968
01:18:27,040 --> 01:18:28,800
mining. In some cases there I mean I

1969
01:18:28,800 --> 01:18:31,120
worked on an insurance bill last session

1970
01:18:31,120 --> 01:18:33,440
which made me really cranky but I mean

1971
01:18:33,440 --> 01:18:34,960
anything that you know is problematic

1972
01:18:34,960 --> 01:18:36,880
for our members I mean that particular

1973
01:18:36,880 --> 01:18:38,080
insurance bill is going to be really

1974
01:18:38,080 --> 01:18:40,640
costly to rein they have a high level of

1975
01:18:40,640 --> 01:18:43,040
self insurance so I had to get involved

1976
01:18:43,040 --> 01:18:45,120
and so you know really anything again

1977
01:18:45,120 --> 01:18:47,199
that's going to be damaging to the

1978
01:18:47,199 --> 01:18:48,960
mining industry we want to fight against

1979
01:18:48,960 --> 01:18:51,120
those things. Um we also try and do a

1980
01:18:51,120 --> 01:18:53,360
lot of public awareness um help people

1981
01:18:53,360 --> 01:18:56,159
understand um the modern mining industry

1982
01:18:56,159 --> 01:18:58,000
versus you know again the industry from

1983
01:18:58,000 --> 01:19:00,480
a long time ago. Um we do a lot of

1984
01:19:00,480 --> 01:19:02,239
education work. So you know we have

1985
01:19:02,239 --> 01:19:04,159
people in the industry that we send into

1986
01:19:04,159 --> 01:19:07,199
to schools to do presentations. Um you

1987
01:19:07,199 --> 01:19:09,520
know to help kids understand you know

1988
01:19:09,520 --> 01:19:11,760
where their the minerals come from you

1989
01:19:11,760 --> 01:19:12,880
know where all the stuff in their phone

1990
01:19:12,880 --> 01:19:14,400
and their toothpaste and whatever else

1991
01:19:14,400 --> 01:19:16,800
comes from. Um we've also gotten very

1992
01:19:16,800 --> 01:19:19,040
involved with STEM education efforts

1993
01:19:19,040 --> 01:19:20,880
because um that's something where we

1994
01:19:20,880 --> 01:19:22,480
want people to understand all the STEM

1995
01:19:22,480 --> 01:19:23,920
opportunities that are available in the

1996
01:19:23,920 --> 01:19:26,880
mining industry. Uh so we we uh have had

1997
01:19:26,880 --> 01:19:28,640
a booth at STEMfest for the last number

1998
01:19:28,640 --> 01:19:30,159
of years that the state puts on where

1999
01:19:30,159 --> 01:19:32,239
we've got you know 14,000 kids coming

2000
01:19:32,239 --> 01:19:34,159
through the America Expo Center and you

2001
01:19:34,159 --> 01:19:36,239
know talking about STEM careers. We

2002
01:19:36,239 --> 01:19:37,440
bring in always a big piece of

2003
01:19:37,440 --> 01:19:39,360
equipment. So, we had a massive front

2004
01:19:39,360 --> 01:19:40,960
end loader last time and the kids can

2005
01:19:40,960 --> 01:19:42,320
come and, you know, climb in the bucket

2006
01:19:42,320 --> 01:19:44,000
and climb up in the cab and, you know,

2007
01:19:44,000 --> 01:19:45,679
we throw hard hats on them and then talk

2008
01:19:45,679 --> 01:19:47,040
about all the cool stuff you can do in

2009
01:19:47,040 --> 01:19:51,040
mining. Um, so we do a lot of that. Um,

2010
01:19:51,040 --> 01:19:53,760
and then also opportunities for uh

2011
01:19:53,760 --> 01:19:55,280
business development and networking for

2012
01:19:55,280 --> 01:19:57,760
our members. Um, so we have a few big

2013
01:19:57,760 --> 01:19:59,040
events every year. We have an award

2014
01:19:59,040 --> 01:20:00,560
scaler where we recognize safety

2015
01:20:00,560 --> 01:20:02,880
performance and also environmental

2016
01:20:02,880 --> 01:20:05,199
stewardship and other things like that.

2017
01:20:05,199 --> 01:20:06,800
Um, we have a big golf tournament that

2018
01:20:06,800 --> 01:20:08,880
we just had a couple of weeks ago where,

2019
01:20:08,880 --> 01:20:10,400
you know, we give people an opportunity

2020
01:20:10,400 --> 01:20:11,520
to come out and have a little bit of

2021
01:20:11,520 --> 01:20:13,199
fun, do some employee recognition, but

2022
01:20:13,199 --> 01:20:15,040
also give especially our service

2023
01:20:15,040 --> 01:20:17,360
companies an opportunity to, uh, you

2024
01:20:17,360 --> 01:20:19,440
know, sell their services to the mine

2025
01:20:19,440 --> 01:20:20,719
operators. And then we have a big

2026
01:20:20,719 --> 01:20:22,719
convention in the fall. This year it'll

2027
01:20:22,719 --> 01:20:25,600
be November 3rd through 4th at the Salt

2028
01:20:25,600 --> 01:20:27,440
Palace, which we signed up for before

2029
01:20:27,440 --> 01:20:29,040
they told us they were like closing the

2030
01:20:29,040 --> 01:20:32,080
Salt Palace, which is exciting. um and

2031
01:20:32,080 --> 01:20:33,520
you know give opportunities to talk

2032
01:20:33,520 --> 01:20:36,000
about um you know best practices uh

2033
01:20:36,000 --> 01:20:38,080
policy issues and also you know

2034
01:20:38,080 --> 01:20:39,360
networking and business development

2035
01:20:39,360 --> 01:20:41,679
opportunities for our members. So we've

2036
01:20:41,679 --> 01:20:45,199
actually had um a number of uh UGS folks

2037
01:20:45,199 --> 01:20:47,120
that have um you know Andrew and

2038
01:20:47,120 --> 01:20:49,760
Stephanie and um Michael I think have

2039
01:20:49,760 --> 01:20:51,520
all presented our conference if I'm

2040
01:20:51,520 --> 01:20:55,040
remembering correctly. Um so that's a

2041
01:20:55,040 --> 01:20:57,679
great opportunity for us. So when people

2042
01:20:57,679 --> 01:21:00,640
ask me probably I spend 90% of my time

2043
01:21:00,640 --> 01:21:02,880
on lobby and advocacy activities and

2044
01:21:02,880 --> 01:21:05,280
then you know 10% on all that other

2045
01:21:05,280 --> 01:21:09,440
stuff. So um yeah I'm here to here to be

2046
01:21:09,440 --> 01:21:14,070
your friendly mining lobbyist. So

2047
01:21:14,080 --> 01:21:16,000
» great

2048
01:21:16,000 --> 01:21:17,760
I have a question about workforce.

2049
01:21:17,760 --> 01:21:18,239
>> Yeah.

2050
01:21:18,239 --> 01:21:20,480
>> So you mentioned workforce and I think

2051
01:21:20,480 --> 01:21:22,239
Rich and I were talking a little bit

2052
01:21:22,239 --> 01:21:25,600
about workforce. what's the, you know,

2053
01:21:25,600 --> 01:21:27,679
what does it look like out there? And I

2054
01:21:27,679 --> 01:21:30,159
guess from our from our industry members

2055
01:21:30,159 --> 01:21:32,400
on the board, you know, how is the

2056
01:21:32,400 --> 01:21:34,159
workforce looking out there? Are we

2057
01:21:34,159 --> 01:21:36,480
finding the people with the right

2058
01:21:36,480 --> 01:21:39,840
education that we need to, you know, to

2059
01:21:39,840 --> 01:21:41,520
do the work? And if this really does

2060
01:21:41,520 --> 01:21:44,480
expand, you know, who do we hire? Where

2061
01:21:44,480 --> 01:21:46,320
do we find them?

2062
01:21:46,320 --> 01:21:49,040
>> Yeah. I mean, and I'd love to hear your

2063
01:21:49,040 --> 01:21:50,880
impressions on this. Um, you know,

2064
01:21:50,880 --> 01:21:53,199
workforce is a real concern. Um, I mean,

2065
01:21:53,199 --> 01:21:55,600
we're frankly just not graduating enough

2066
01:21:55,600 --> 01:21:58,080
uh mining engineers and geologists and

2067
01:21:58,080 --> 01:22:00,400
chemical engineers and all the other uh

2068
01:22:00,400 --> 01:22:02,800
people we need in the mining industry.

2069
01:22:02,800 --> 01:22:05,920
Um, and I I do think again that the

2070
01:22:05,920 --> 01:22:07,199
especially the federal government and

2071
01:22:07,199 --> 01:22:08,960
our universities have recognized that

2072
01:22:08,960 --> 01:22:12,560
this is an issue. Um, so Congressman

2073
01:22:12,560 --> 01:22:15,120
Bruce Owens uh from Utah actually had

2074
01:22:15,120 --> 01:22:17,280
his mining schools bill that he's been

2075
01:22:17,280 --> 01:22:18,960
trying to pass for the past few years.

2076
01:22:18,960 --> 01:22:20,400
actually was able to get that language

2077
01:22:20,400 --> 01:22:22,080
into the what's called the National

2078
01:22:22,080 --> 01:22:23,760
Defense Authorization Act, which is one

2079
01:22:23,760 --> 01:22:25,520
of the few kind of must pass bills every

2080
01:22:25,520 --> 01:22:28,320
year. Um, it's gotten in on the House

2081
01:22:28,320 --> 01:22:29,679
side. We're hoping that the language

2082
01:22:29,679 --> 01:22:31,360
stays in there in the Senate side, but

2083
01:22:31,360 --> 01:22:32,400
that would give some additional

2084
01:22:32,400 --> 01:22:35,120
resources to uh to mining schools to be

2085
01:22:35,120 --> 01:22:36,400
able to go out and recruit more

2086
01:22:36,400 --> 01:22:39,280
students. Um, I I will say that, you

2087
01:22:39,280 --> 01:22:41,760
know, with the University of Utah, um,

2088
01:22:41,760 --> 01:22:43,440
you know, that's our our College of

2089
01:22:43,440 --> 01:22:44,880
Minds, Inner Sciences is at the

2090
01:22:44,880 --> 01:22:47,679
University of Utah. Um, and you know, we

2091
01:22:47,679 --> 01:22:50,000
went through kind of a challenging

2092
01:22:50,000 --> 01:22:52,239
period with the university. Um, you

2093
01:22:52,239 --> 01:22:53,520
know, where we just didn't feel like

2094
01:22:53,520 --> 01:22:55,120
that the administration was giving the

2095
01:22:55,120 --> 01:22:57,440
support that was needed for for that the

2096
01:22:57,440 --> 01:22:59,360
college. Um, and I feel like that's

2097
01:22:59,360 --> 01:23:01,280
really turning around. Um, you know,

2098
01:23:01,280 --> 01:23:07,510
President Randle's been

2099
01:23:07,520 --> 01:23:10,080
» which are combined but separate, which I

2100
01:23:10,080 --> 01:23:12,320
>> don't talk about anymore.

2101
01:23:12,320 --> 01:23:14,239
>> Um, you know, Pearl Sand, she she's

2102
01:23:14,239 --> 01:23:16,000
doing a really great job. Um, you know,

2103
01:23:16,000 --> 01:23:17,600
we've got some good people that are

2104
01:23:17,600 --> 01:23:19,760
committed to making sure that we're out,

2105
01:23:19,760 --> 01:23:22,960
you know, recruiting more students and also just helping people again

2106
01:23:22,960 --> 01:23:24,480
understand the opportunities that are

2107
01:23:24,480 --> 01:23:27,520
available. Um, you know, it's there's

2108
01:23:27,520 --> 01:23:29,520
still work that needs to be done there.

2109
01:23:29,520 --> 01:23:31,679
Um, you know, we still don't have an

2110
01:23:31,679 --> 01:23:33,920
economic geology. Um,

2111
01:23:33,920 --> 01:23:34,960
>> sent an [laughter] email about this

2112
01:23:34,960 --> 01:23:37,440
yesterday. The thing is too about that

2113
01:23:37,440 --> 01:23:39,120
workforce is like we still are kind of

2114
01:23:39,120 --> 01:23:40,880
treating workforce in silos from

2115
01:23:40,880 --> 01:23:42,800
everything I see. like the mining

2116
01:23:42,800 --> 01:23:44,320
engineers, the metallergists, the

2117
01:23:44,320 --> 01:23:46,080
geologists, but like [clears throat] you

2118
01:23:46,080 --> 01:23:47,920
know for example this an economic

2119
01:23:47,920 --> 01:23:49,440
geologist we don't have one at the and

2120
01:23:49,440 --> 01:23:50,719
we don't have one in the state of Utah

2121
01:23:50,719 --> 01:23:52,560
actually right now. I think I and my

2122
01:23:52,560 --> 01:23:54,480
team are the only public facing economic

2123
01:23:54,480 --> 01:23:56,960
geologists in the state right now. Um

2124
01:23:56,960 --> 01:23:58,560
but you don't need that person just to

2125
01:23:58,560 --> 01:24:00,159
train more that geologist. You need that

2126
01:24:00,159 --> 01:24:02,000
person to also train your engineers, to

2127
01:24:02,000 --> 01:24:03,520
also train your metallergists, to also

2128
01:24:03,520 --> 01:24:05,199
train your chemical engineers because it

2129
01:24:05,199 --> 01:24:06,639
ultimately all comes down to the charact

2130
01:24:06,639 --> 01:24:08,159
what we call or body knowledge and whole

2131
01:24:08,159 --> 01:24:10,000
body characterization. Ultimately all

2132
01:24:10,000 --> 01:24:11,920
comes down to the character of the rock.

2133
01:24:11,920 --> 01:24:16,080
So we're just it's hard like hard trying

2134
01:24:16,080 --> 01:24:17,360
to get people to live.

2135
01:24:17,360 --> 01:24:18,880
>> Yeah. So I mean thing things are

2136
01:24:18,880 --> 01:24:21,120
definitely getting better. Um you know I

2137
01:24:21,120 --> 01:24:22,800
mean there used to be this weird silo

2138
01:24:22,800 --> 01:24:24,320
between the college of engineering and

2139
01:24:24,320 --> 01:24:26,159
the college of mining and that's that's

2140
01:24:26,159 --> 01:24:30,159
breaking down. Um it's things are much

2141
01:24:30,159 --> 01:24:32,159
better than they were a few years ago.

2142
01:24:32,159 --> 01:24:33,360
Again, there's still a lot of work to be

2143
01:24:33,360 --> 01:24:35,520
done. There's still many more resources

2144
01:24:35,520 --> 01:24:37,440
that are needed. Um, you know, both

2145
01:24:37,440 --> 01:24:39,040
again in terms of student recruitment. I

2146
01:24:39,040 --> 01:24:40,719
mean, the facilities at the U definitely

2147
01:24:40,719 --> 01:24:42,560
need updating. They're they're very

2148
01:24:42,560 --> 01:24:45,040
antiquated. Um, and also there's other

2149
01:24:45,040 --> 01:24:46,480
universities that you know are

2150
01:24:46,480 --> 01:24:49,520
interested in getting into uh, you know,

2151
01:24:49,520 --> 01:24:51,199
helping with with workforce development

2152
01:24:51,199 --> 01:24:52,800
and haven't quite figured out how to do

2153
01:24:52,800 --> 01:24:54,880
that and we're trying to help on that.

2154
01:24:54,880 --> 01:24:57,920
Um Utah State University uh actually had

2155
01:24:57,920 --> 01:24:59,199
a bill that would have given them

2156
01:24:59,199 --> 01:25:01,920
resources to do a study on creating a

2157
01:25:01,920 --> 01:25:03,120
mining engine like what it would have

2158
01:25:03,120 --> 01:25:04,560
taken to create a mining engineering

2159
01:25:04,560 --> 01:25:06,000
program and that kind of broke down when

2160
01:25:06,000 --> 01:25:08,080
the president previous president left

2161
01:25:08,080 --> 01:25:09,600
and so hopefully we're they're going to

2162
01:25:09,600 --> 01:25:11,678
run that again this year. um you

2163
01:25:11,678 --> 01:25:12,719
[clears throat] know some of the tech

2164
01:25:12,719 --> 01:25:15,600
colleges and um you know those smaller

2165
01:25:15,600 --> 01:25:17,280
universities are interested in in

2166
01:25:17,280 --> 01:25:19,280
helping on the kind of skilled trade

2167
01:25:19,280 --> 01:25:21,120
side because that's one thing I love

2168
01:25:21,120 --> 01:25:22,719
about mine is I mean we need everybody

2169
01:25:22,719 --> 01:25:24,560
you know we need people that are coming

2170
01:25:24,560 --> 01:25:25,840
right out of high school and can just

2171
01:25:25,840 --> 01:25:27,360
get on the job training all the way up

2172
01:25:27,360 --> 01:25:30,560
to you know PhD um you know engineers

2173
01:25:30,560 --> 01:25:34,239
and so um it's it's a challenge though

2174
01:25:34,239 --> 01:25:35,600
because again I think a lot of people

2175
01:25:35,600 --> 01:25:38,000
these days don't understand they don't

2176
01:25:38,000 --> 01:25:39,440
understand the mining industry they

2177
01:25:39,440 --> 01:25:40,880
don't necessarily want to go into STEM

2178
01:25:40,880 --> 01:25:43,120
fields not just at mining but anywhere.

2179
01:25:43,120 --> 01:25:46,320
Um you know I I think that some of the

2180
01:25:46,320 --> 01:25:49,120
um changes that you know and we have

2181
01:25:49,120 --> 01:25:50,639
seen a little bit of you know softening

2182
01:25:50,639 --> 01:25:52,480
of attitudes about the mining industry

2183
01:25:52,480 --> 01:25:54,080
as people you know understood how

2184
01:25:54,080 --> 01:25:56,719
problematic it is to you know again be

2185
01:25:56,719 --> 01:25:58,239
dependent on these foreign supply chains

2186
01:25:58,239 --> 01:25:59,600
but also again that we can produce

2187
01:25:59,600 --> 01:26:02,000
things responsibly here and so you do

2188
01:26:02,000 --> 01:26:03,440
have people that I think you know even a

2189
01:26:03,440 --> 01:26:04,800
few years ago wouldn't have considered a

2190
01:26:04,800 --> 01:26:06,719
career in mining you know now will

2191
01:26:06,719 --> 01:26:08,560
consider it because they do recognize

2192
01:26:08,560 --> 01:26:10,800
hey you know this is a way for us to you

2193
01:26:10,800 --> 01:26:12,320
know help our country meet its you know

2194
01:26:12,320 --> 01:26:14,000
obligations. to produce these minerals

2195
01:26:14,000 --> 01:26:15,600
or you know you can be an

2196
01:26:15,600 --> 01:26:17,120
environmentalist and work in the mining

2197
01:26:17,120 --> 01:26:18,719
industry. You can be a social justice

2198
01:26:18,719 --> 01:26:20,159
warrior and work in the mining industry

2199
01:26:20,159 --> 01:26:22,320
because there's actually you know some

2200
01:26:22,320 --> 01:26:24,320
great outcomes that come when we produce

2201
01:26:24,320 --> 01:26:25,920
you know the minerals that everybody

2202
01:26:25,920 --> 01:26:29,199
relies on responsibly. Um so I I think

2203
01:26:29,199 --> 01:26:30,800
that there have you know been some

2204
01:26:30,800 --> 01:26:33,840
attitudal shifts. Um you know one of the

2205
01:26:33,840 --> 01:26:35,280
challenges we have honestly is that

2206
01:26:35,280 --> 01:26:36,560
there's still some you know

2207
01:26:36,560 --> 01:26:38,239
environmental NOS's that definitely

2208
01:26:38,239 --> 01:26:40,320
haven't had any shifts in their thinking

2209
01:26:40,320 --> 01:26:43,440
about mining. um you know or energy or

2210
01:26:43,440 --> 01:26:45,520
anything else and frankly they have a

2211
01:26:45,520 --> 01:26:46,560
lot of money and they have a lot of

2212
01:26:46,560 --> 01:26:49,040
impact and um you know it's hard to

2213
01:26:49,040 --> 01:26:52,000
combat that sometimes but um you know

2214
01:26:52,000 --> 01:26:54,480
again I I feel much more optimistic

2215
01:26:54,480 --> 01:26:56,480
about us being able to meet our our

2216
01:26:56,480 --> 01:26:58,480
workforce challenges now because people

2217
01:26:58,480 --> 01:27:00,000
are I think moving in the right

2218
01:27:00,000 --> 01:27:01,440
direction and paying attention to these

2219
01:27:01,440 --> 01:27:03,120
issues in a way that they just weren't

2220
01:27:03,120 --> 01:27:04,960
even a few years ago.

2221
01:27:04,960 --> 01:27:08,000
>> What about BYU? They used to produce

2222
01:27:08,000 --> 01:27:11,360
mining geologists. maybe not anymore.

2223
01:27:11,360 --> 01:27:14,000
>> Um I mean I to be honest I haven't had

2224
01:27:14,000 --> 01:27:16,000
as much interaction with BYU just

2225
01:27:16,000 --> 01:27:18,000
because you know we tend to focus on the

2226
01:27:18,000 --> 01:27:21,199
publicly funded universities but um I I

2227
01:27:21,199 --> 01:27:22,320
do believe that they still have a

2228
01:27:22,320 --> 01:27:24,000
geology program is that

2229
01:27:24,000 --> 01:27:28,800
>> they Oh yes they lost.

2230
01:27:28,800 --> 01:27:31,280
>> Yeah. And they did run a search um but

2231
01:27:31,280 --> 01:27:34,000
they the search failed. So they actually

2232
01:27:34,000 --> 01:27:36,400
were trying to recruit um kind of the

2233
01:27:36,400 --> 01:27:37,920
next generation of say like economic

2234
01:27:37,920 --> 01:27:40,239
geologists and things like that but they

2235
01:27:40,239 --> 01:27:43,520
weren't able to

2236
01:27:43,520 --> 01:27:45,440
>> but we need we need this industry to do

2237
01:27:45,440 --> 01:27:47,440
a better job in in working with I mean

2238
01:27:47,440 --> 01:27:49,280
it's just it tends to be a little easier

2239
01:27:49,280 --> 01:27:50,880
to work with the universities that are

2240
01:27:50,880 --> 01:27:53,440
publicly funded because you know they

2241
01:27:53,440 --> 01:27:55,360
have to answer the legislature and I

2242
01:27:55,360 --> 01:27:56,639
mean that's really how we get a lot of

2243
01:27:56,639 --> 01:27:59,280
things done here but um it's it's a well

2244
01:27:59,280 --> 01:28:01,840
taken point. I mean they're obviously a

2245
01:28:01,840 --> 01:28:03,679
massive university and you know we need

2246
01:28:03,679 --> 01:28:05,199
to make sure that they're [snorts] in

2247
01:28:05,199 --> 01:28:07,120
the game as well and even some of our

2248
01:28:07,120 --> 01:28:09,360
other you know UVU is another one where

2249
01:28:09,360 --> 01:28:11,360
we haven't quite figured out how to work

2250
01:28:11,360 --> 01:28:13,040
with UVU but I mean it's a huge

2251
01:28:13,040 --> 01:28:15,199
university and we need to you know make

2252
01:28:15,199 --> 01:28:16,239
sure that

2253
01:28:16,239 --> 01:28:17,440
>> uh you know that they're providing even

2254
01:28:17,440 --> 01:28:18,800
if they don't want to have a straight

2255
01:28:18,800 --> 01:28:20,321
money engineering program that's okay

2256
01:28:20,321 --> 01:28:21,520
[clears throat] I mean just to reinforce

2257
01:28:21,520 --> 01:28:23,120
their you know their engineering

2258
01:28:23,120 --> 01:28:24,560
offerings and things like that would be

2259
01:28:24,560 --> 01:28:26,560
very beneficial and to make sure that

2260
01:28:26,560 --> 01:28:28,320
again if you're a chemical engineer you

2261
01:28:28,320 --> 01:28:30,480
know civil engineer whatever or you

2262
01:28:30,480 --> 01:28:32,320
understand that there's opportunities in

2263
01:28:32,320 --> 01:28:34,239
the mining industry. Um, and you know,

2264
01:28:34,239 --> 01:28:35,600
if you're a civil engineer, you don't

2265
01:28:35,600 --> 01:28:36,960
just have to go and, you know, plant

2266
01:28:36,960 --> 01:28:38,560
subdivisions or whatever. Like, you can

2267
01:28:38,560 --> 01:28:40,080
do some really cool stuff in the mining

2268
01:28:40,080 --> 01:28:42,080
industry that, you know, I think for

2269
01:28:42,080 --> 01:28:43,520
civil engineer, for example, is a lot

2270
01:28:43,520 --> 01:28:45,040
more exciting than planning

2271
01:28:45,040 --> 01:28:50,550
subdivisions.

2272
01:28:50,560 --> 01:28:52,480
» I guess I have one more question. Is

2273
01:28:52,480 --> 01:28:54,560
there is there anything that we as a

2274
01:28:54,560 --> 01:28:56,239
survey

2275
01:28:56,239 --> 01:28:58,980
can do that we're not doing to help the

2276
01:28:58,980 --> 01:28:59,679
[clears throat and cough] work of the

2277
01:28:59,679 --> 01:29:01,440
mining association and just generally

2278
01:29:01,440 --> 01:29:03,679
mining in Utah?

2279
01:29:03,679 --> 01:29:05,280
Well, and and I appreciate all the work

2280
01:29:05,280 --> 01:29:10,560
that you guys do. Um, you know, again, I rely a lot on um, you know, the data

2281
01:29:10,560 --> 01:29:13,440
that you guys produce um, especially for

2282
01:29:13,440 --> 01:29:18,320
helping to educate policy makers and the general public. Um, you know,

2283
01:29:18,320 --> 01:29:22,000
obviously you guys work a lot with our member companies, especially our,

2284
01:29:22,000 --> 01:29:23,760
you know, mining exploration companies

2285
01:29:23,760 --> 01:29:26,320
to to help provide them with, uh, you

2286
01:29:26,320 --> 01:29:29,440
know, the services that they need. Um,

2287
01:29:29,440 --> 01:29:33,520
you know, I I think that, um,

2288
01:29:33,520 --> 01:29:35,840
I think that getting you guys involved

2289
01:29:35,840 --> 01:29:38,400
more with uh, some of the efforts that I

2290
01:29:38,400 --> 01:29:39,679
was talking about like with STEM

2291
01:29:39,679 --> 01:29:41,120
education and other things like that. I

2292
01:29:41,120 --> 01:29:42,239
mean, I would love to have people from

2293
01:29:42,239 --> 01:29:45,040
UGS and STEMfest with us. um you know in

2294
01:29:45,040 --> 01:29:47,040
the past we've had people from dogm and

2295
01:29:47,040 --> 01:29:52,560
from um uh uh from sitla and from uh

2296
01:29:52,560 --> 01:29:54,719
even FFSL have come to that but we've

2297
01:29:54,719 --> 01:29:56,560
never had UGS people there and I think

2298
01:29:56,560 --> 01:29:59,199
that you know especially when you've got

2299
01:29:59,199 --> 01:30:01,199
you know I mean most of the time we'll

2300
01:30:01,199 --> 01:30:02,800
end up having somebody that's got you

2301
01:30:02,800 --> 01:30:05,120
know some geological knowledge that you

2302
01:30:05,120 --> 01:30:06,239
know because we always bring mineral

2303
01:30:06,239 --> 01:30:07,679
samples and things like that but I mean

2304
01:30:07,679 --> 01:30:10,320
it's different having you know somebody

2305
01:30:10,320 --> 01:30:12,560
that just has a little bit of geological

2306
01:30:12,560 --> 01:30:14,080
knowledge versus somebody that has a lot

2307
01:30:14,080 --> 01:30:15,679
that can, you know, pick up one of those

2308
01:30:15,679 --> 01:30:17,280
mineral samples or pick up that tooth

2309
01:30:17,280 --> 01:30:18,960
tube of toothpaste that we have out for

2310
01:30:18,960 --> 01:30:21,600
the kids and explain um, you know, in a

2311
01:30:21,600 --> 01:30:24,719
much more uh, detailed way. Um, you

2312
01:30:24,719 --> 01:30:26,560
know, why they should be excited about

2313
01:30:26,560 --> 01:30:28,239
this stuff. So, I think that's that's

2314
01:30:28,239 --> 01:30:31,920
one thing. Um, and you know, in the past

2315
01:30:31,920 --> 01:30:34,239
there have been some I don't know,

2316
01:30:34,239 --> 01:30:35,600
Darlene and I have talked about this,

2317
01:30:35,600 --> 01:30:37,520
some sort of I don't know how to say

2318
01:30:37,520 --> 01:30:39,679
this, sort of like expeditionary things

2319
01:30:39,679 --> 01:30:41,600
that have happened with, you know,

2320
01:30:41,600 --> 01:30:43,679
projects that that weren't particularly

2321
01:30:43,679 --> 01:30:45,679
helpful to industry that sort of seemed

2322
01:30:45,679 --> 01:30:49,120
like um, you know, I I don't know where

2323
01:30:49,120 --> 01:30:52,000
the impetus was coming from um, you

2324
01:30:52,000 --> 01:30:54,320
know, uh, for for some of these research

2325
01:30:54,320 --> 01:30:56,400
projects that um, you know, may have

2326
01:30:56,400 --> 01:30:57,760
been very interesting on the science

2327
01:30:57,760 --> 01:30:59,360
side, but weren't particularly useful

2328
01:30:59,360 --> 01:31:01,920
for, you know, advancing the the mining

2329
01:31:01,920 --> 01:31:03,600
industry in the state. And, you know, I

2330
01:31:03,600 --> 01:31:05,360
think some of those have, you know, gone

2331
01:31:05,360 --> 01:31:07,760
away with leadership change, but, um,

2332
01:31:07,760 --> 01:31:09,360
you know, I have a study coming out

2333
01:31:09,360 --> 01:31:11,040
that's basically like blaming the mining

2334
01:31:11,040 --> 01:31:12,480
industry for some horrible thing

2335
01:31:12,480 --> 01:31:14,320
happening and it's got the UGS logo on

2336
01:31:14,320 --> 01:31:17,120
it. That's problematic for me. Um, so

2337
01:31:17,120 --> 01:31:19,840
and again I think that you know I'm not

2338
01:31:19,840 --> 01:31:21,840
as worried about that now as I you know

2339
01:31:21,840 --> 01:31:24,239
was with previous leadership but I know

2340
01:31:24,239 --> 01:31:28,000
that that sounded really gauzy but um

2341
01:31:28,000 --> 01:31:30,000
anyway I just I think you know figuring

2342
01:31:30,000 --> 01:31:33,199
out how to provide the data and insights

2343
01:31:33,199 --> 01:31:35,280
that are needed to attract mining

2344
01:31:35,280 --> 01:31:37,600
investment here is you know really what

2345
01:31:37,600 --> 01:31:39,360
we rely on you guys to do. I mean, you

2346
01:31:39,360 --> 01:31:41,360
know, I need to be able to go out and

2347
01:31:41,360 --> 01:31:42,719
tell people, hey, you need to come and

2348
01:31:42,719 --> 01:31:45,040
invest in Utah because, you know, yes,

2349
01:31:45,040 --> 01:31:46,480
we have the policy environment and the

2350
01:31:46,480 --> 01:31:48,480
investment environment, but also, you

2351
01:31:48,480 --> 01:31:50,159
know, we've got the minerals here and,

2352
01:31:50,159 --> 01:31:51,679
you know, they're developable and we've

2353
01:31:51,679 --> 01:31:53,199
got all the great geological data that

2354
01:31:53,199 --> 01:31:55,679
you can rely on and, you know, come to

2355
01:31:55,679 --> 01:31:58,480
Utah and don't go to don't go to Idaho,

2356
01:31:58,480 --> 01:32:00,080
you know, don't go to not that I have

2357
01:32:00,080 --> 01:32:01,520
anything against Idaho, but I'd rather

2358
01:32:01,520 --> 01:32:03,840
have the money come here, right? Um and

2359
01:32:03,840 --> 01:32:05,440
so I think you know just keeping that

2360
01:32:05,440 --> 01:32:07,920
focus on you know I mean ultimately the

2361
01:32:07,920 --> 01:32:10,080
more you guys can help us attract mining

2362
01:32:10,080 --> 01:32:12,239
investment here and also too on the you

2363
01:32:12,239 --> 01:32:15,440
know on the policy side um you know

2364
01:32:15,440 --> 01:32:17,840
we've had some good conversations about

2365
01:32:17,840 --> 01:32:19,440
you know policy issues that affect you

2366
01:32:19,440 --> 01:32:21,679
guys directly but you know I mean

2367
01:32:21,679 --> 01:32:24,320
there's there were 1100 bill files

2368
01:32:24,320 --> 01:32:27,120
opened in last session um and again you

2369
01:32:27,120 --> 01:32:30,480
know we had 155 bills on our tracker and

2370
01:32:30,480 --> 01:32:31,844
not all of those guys you know not all

2371
01:32:31,844 --> 01:32:32,800
[clears throat] those bills you guys

2372
01:32:32,800 --> 01:32:34,080
necessarily going to have an opinion

2373
01:32:34,080 --> 01:32:35,920
about or you know have any insight into

2374
01:32:35,920 --> 01:32:37,920
but a lot of them you will and you know

2375
01:32:37,920 --> 01:32:39,280
I'd love to make sure that you know

2376
01:32:39,280 --> 01:32:41,440
we're getting feedback from uh you know

2377
01:32:41,440 --> 01:32:43,040
from the staff and from your board if

2378
01:32:43,040 --> 01:32:44,320
there's something in a bill that's

2379
01:32:44,320 --> 01:32:46,800
problematic that you know I need to go

2380
01:32:46,800 --> 01:32:48,719
up there and try and fix or we can even

2381
01:32:48,719 --> 01:32:51,199
bring you know you guys in to testify or

2382
01:32:51,199 --> 01:32:53,120
to you know to help with those lobbying

2383
01:32:53,120 --> 01:32:56,480
efforts that would be very beneficial um

2384
01:32:56,480 --> 01:32:58,159
because in many cases a lot of these

2385
01:32:58,159 --> 01:32:59,280
things again they're just kind of

2386
01:32:59,280 --> 01:33:01,199
unintended consequences or you know on

2387
01:33:01,199 --> 01:33:03,040
the proactive side are if there's things

2388
01:33:03,040 --> 01:33:05,360
where you know there are resources or

2389
01:33:05,360 --> 01:33:07,199
policies that that need to be

2390
01:33:07,199 --> 01:33:08,719
implemented that would help you guys do

2391
01:33:08,719 --> 01:33:10,639
your job or that you know things you see

2392
01:33:10,639 --> 01:33:12,000
in other states or you really wish that

2393
01:33:12,000 --> 01:33:13,920
we had in Utah or whatever the case is

2394
01:33:13,920 --> 01:33:16,239
like I'd love to figure out how to make

2395
01:33:16,239 --> 01:33:20,800
those things happen so that um you know I just I want you Utah to be

2396
01:33:20,800 --> 01:33:22,400
the best place to mine and so anything

2397
01:33:22,400 --> 01:33:27,360
that's preventing us from you know from getting there I I want to you know

2398
01:33:27,360 --> 01:33:29,520
clear those obstacles so I need people

2399
01:33:29,520 --> 01:33:31,280
that have that you know in-depth

2400
01:33:31,280 --> 01:33:33,440
knowledge like you guys do to to help

2401
01:33:33,440 --> 01:33:36,639
you do that. Um, you know, I I I know

2402
01:33:36,639 --> 01:33:38,400
enough about a bunch of little things

2403
01:33:38,400 --> 01:33:40,320
that I can, you know, be dangerous up on

2404
01:33:40,320 --> 01:33:42,000
the hill, but, you know, when we get

2405
01:33:42,000 --> 01:33:43,520
into a lot of these technical issues,

2406
01:33:43,520 --> 01:33:45,199
you know, you get I get way over my

2407
01:33:45,199 --> 01:33:47,840
skis. So, I I need the advice and

2408
01:33:47,840 --> 01:33:49,679
expertise of, you know, folks that are

2409
01:33:49,679 --> 01:33:54,950
in this room to make that happen.

2410
01:33:54,960 --> 01:33:56,800
» So, yeah, we can do that. We were busy

2411
01:33:56,800 --> 01:33:59,600
last legislative session, busier than I

2412
01:33:59,600 --> 01:34:01,920
think we have been with kind of popup

2413
01:34:01,920 --> 01:34:04,480
bills that we weren't really aware of.

2414
01:34:04,480 --> 01:34:07,199
>> Um, and I think our staff really tried

2415
01:34:07,199 --> 01:34:10,080
to be responsive to both legislators

2416
01:34:10,080 --> 01:34:12,560
and, you know, internally at DNR as

2417
01:34:12,560 --> 01:34:14,480
well. Ben Dylan sitting at the end of

2418
01:34:14,480 --> 01:34:17,840
the table is wears many hats at UGS.

2419
01:34:17,840 --> 01:34:19,760
He's our contract analyst. He's also one

2420
01:34:19,760 --> 01:34:21,840
of my key strategic adviserss, but he is

2421
01:34:21,840 --> 01:34:24,719
also our legislative liaison. And so we

2422
01:34:24,719 --> 01:34:26,560
can, you know, give you his phone number

2423
01:34:26,560 --> 01:34:29,440
and and hopefully, you know, that works

2424
01:34:29,440 --> 01:34:31,760
both ways as well. So we can talk during

2425
01:34:31,760 --> 01:34:33,760
the legislative session.

2426
01:34:33,760 --> 01:34:36,560
>> So yeah, and then um Mike just brought

2427
01:34:36,560 --> 01:34:40,239
our hot off the press 2025

2428
01:34:40,239 --> 01:34:42,190
Utah money report. So you can

2429
01:34:42,190 --> 01:34:44,560
[clears throat] take that with you um as

2430
01:34:44,560 --> 01:34:46,400
well and distribute it to your

2431
01:34:46,400 --> 01:34:49,199
membership, please. one of our very

2432
01:34:49,199 --> 01:34:51,600
small contributions that has been

2433
01:34:51,600 --> 01:34:54,080
ongoing for

2434
01:34:54,080 --> 01:34:58,000
almost 40 years. So we've started EGS

2435
01:34:58,000 --> 01:35:00,080
started publishing an annual mining

2436
01:35:00,080 --> 01:35:03,360
report. I think the first one was 1988

2437
01:35:03,360 --> 01:35:05,440
somewhere around there. Um it's been

2438
01:35:05,440 --> 01:35:07,679
done every year. There it used to be two

2439
01:35:07,679 --> 01:35:09,920
separate reports a mining report and

2440
01:35:09,920 --> 01:35:13,120
then a coal report. Uh we have just

2441
01:35:13,120 --> 01:35:15,679
combined those into just one big binding

2442
01:35:15,679 --> 01:35:18,639
report. And

2443
01:35:18,639 --> 01:35:21,679
this one is hot off the press. Um just

2444
01:35:21,679 --> 01:35:23,920
came out or it's actually not even

2445
01:35:23,920 --> 01:35:25,360
really published yet. It'll be probably

2446
01:35:25,360 --> 01:35:29,520
published next week. and it is an

2447
01:35:29,520 --> 01:35:32,880
overview of 2025 activities, but also a

2448
01:35:32,880 --> 01:35:36,639
lot of our updates and

2449
01:35:36,639 --> 01:35:41,280
descriptions of the exploration include

2450
01:35:41,280 --> 01:35:44,000
stuff that's happening in 2026 as well.

2451
01:35:44,000 --> 01:35:47,440
So, we try to keep it timely. We

2452
01:35:47,440 --> 01:35:49,280
communicate with all the different

2453
01:35:49,280 --> 01:35:51,280
mining operators. We send out

2454
01:35:51,280 --> 01:35:53,120
questionnaires. I send out

2455
01:35:53,120 --> 01:35:54,880
questionnaires to the coal companies.

2456
01:35:54,880 --> 01:35:57,199
that go and visit the coal companies.

2457
01:35:57,199 --> 01:35:59,760
Steph and Andrew will communicate with

2458
01:35:59,760 --> 01:36:02,960
industrial mineral operations and metal

2459
01:36:02,960 --> 01:36:06,320
operations. So we we try our best to

2460
01:36:06,320 --> 01:36:08,880
summarize everything that's going on

2461
01:36:08,880 --> 01:36:12,320
world. So we hope it's useful to

2462
01:36:12,320 --> 01:36:14,000
everybody to you.

2463
01:36:14,000 --> 01:36:16,239
>> No, this is great and I appreciate that.

2464
01:36:16,239 --> 01:36:18,639
I mean it's a pretty early publication

2465
01:36:18,639 --> 01:36:20,400
date for you guys, too.

2466
01:36:20,400 --> 01:36:23,360
>> We're trying to get it out. Well, yeah,

2467
01:36:23,360 --> 01:36:25,600
we're trying to get it out as soon as we

2468
01:36:25,600 --> 01:36:27,199
can.

2469
01:36:27,199 --> 01:36:28,560
>> We have We have to wait on annual

2470
01:36:28,560 --> 01:36:29,920
reports a lot of times and a lot of

2471
01:36:29,920 --> 01:36:31,120
companies aren't putting their annual

2472
01:36:31,120 --> 01:36:32,800
reports out until March or April. So,

2473
01:36:32,800 --> 01:36:34,159
something like that actually helps us

2474
01:36:34,159 --> 01:36:34,560
back.

2475
01:36:34,560 --> 01:36:36,080
>> This is great. Yeah, there was a few

2476
01:36:36,080 --> 01:36:37,520
years ago when it didn't come out until

2477
01:36:37,520 --> 01:36:39,280
like October or something and that kind

2478
01:36:39,280 --> 01:36:41,360
of freaked me out. So,

2479
01:36:41,360 --> 01:36:42,560
>> not gonna lie, that was the year I had a

2480
01:36:42,560 --> 01:36:44,021
baby.

2481
01:36:44,021 --> 01:36:46,149
>> [laughter]

2482
01:36:46,159 --> 01:36:48,639
» a really good

2483
01:36:48,639 --> 01:36:51,199
something that you find informative

2484
01:36:51,199 --> 01:36:53,119
rely on. Yeah. Great. Is it something

2485
01:36:53,119 --> 01:36:55,360
your membership?

2486
01:36:55,360 --> 01:36:57,119
>> We do. We we send this out to our

2487
01:36:57,119 --> 01:36:59,840
membership. Um I use this you know a lot

2488
01:36:59,840 --> 01:37:01,360
of times especially with our federal

2489
01:37:01,360 --> 01:37:02,560
delegation

2490
01:37:02,560 --> 01:37:03,920
>> like people you know will come and

2491
01:37:03,920 --> 01:37:04,800
they're like oh I have all these

2492
01:37:04,800 --> 01:37:06,719
questions. I'm like okay well here read

2493
01:37:06,719 --> 01:37:08,239
this first and then come back to me with

2494
01:37:08,239 --> 01:37:10,800
questions. So, um, between this and the

2495
01:37:10,800 --> 01:37:12,320
critical minerals report, I mean, those

2496
01:37:12,320 --> 01:37:15,119
are two that I send out to a lot of,

2497
01:37:15,119 --> 01:37:17,199
>> um, you know, legislative staff and, you

2498
01:37:17,199 --> 01:37:20,080
know, and other policy makers. And so,

2499
01:37:20,080 --> 01:37:22,320
um, yeah, this is incredibly helpful.

2500
01:37:22,320 --> 01:37:23,280
So, that's great.

2501
01:37:23,280 --> 01:37:24,639
>> Yeah. Again, this and the critical

2502
01:37:24,639 --> 01:37:26,159
mineral report are the two that I rely

2503
01:37:26,159 --> 01:37:28,719
on probably the most, you know, in the

2504
01:37:28,719 --> 01:37:30,239
work that I do. Um, some of the

2505
01:37:30,239 --> 01:37:31,760
specialized reports are amazing, but

2506
01:37:31,760 --> 01:37:34,080
just get into maybe more detail than I

2507
01:37:34,080 --> 01:37:36,320
need for my, you know, high level,

2508
01:37:36,320 --> 01:37:40,352
>> right? the 67 page.

2509
01:37:40,352 --> 01:37:41,040
[clears throat]

2510
01:37:41,040 --> 01:37:43,280
>> Yeah. Well, would you make sure that you

2511
01:37:43,280 --> 01:37:46,560
let the legislature know about this and

2512
01:37:46,560 --> 01:37:48,639
how how important it is for your

2513
01:37:48,639 --> 01:37:51,360
industry as well? You know, I think I

2514
01:37:51,360 --> 01:37:54,000
think coming from a a third party, you

2515
01:37:54,000 --> 01:37:55,760
know, that leads, you know, one of the

2516
01:37:55,760 --> 01:37:57,119
key industries in the state. I think

2517
01:37:57,119 --> 01:37:59,040
that go over really well with them. We

2518
01:37:59,040 --> 01:38:01,199
often don't get a lot of airplay for

2519
01:38:01,199 --> 01:38:03,199
that kind of work that we do behind the

2520
01:38:03,199 --> 01:38:05,760
scenes. It takes a lot of industry

2521
01:38:05,760 --> 01:38:09,119
knowledge and communication and really

2522
01:38:09,119 --> 01:38:11,199
personal relationships to collect a lot

2523
01:38:11,199 --> 01:38:12,480
of this data.

2524
01:38:12,480 --> 01:38:14,639
>> You know, Mike is especially great at

2525
01:38:14,639 --> 01:38:16,000
putting together, I think, some

2526
01:38:16,000 --> 01:38:19,360
statistics and data around all of that.

2527
01:38:19,360 --> 01:38:21,440
Um, and so I'm glad to hear that it's an

2528
01:38:21,440 --> 01:38:23,199
informative report and that you're

2529
01:38:23,199 --> 01:38:26,320
sharing it so widely. Thank you.

2530
01:38:26,320 --> 01:38:28,719
>> Thank you guys.

2531
01:38:28,719 --> 01:38:30,639
Um I I don't want to overstate my

2532
01:38:30,639 --> 01:38:32,000
welcome, but one other thing that I'd

2533
01:38:32,000 --> 01:38:35,119
love to um you know,

2534
01:38:35,119 --> 01:38:36,560
we were Andy and I were just talking

2535
01:38:36,560 --> 01:38:38,400
about this a little earlier. You know,

2536
01:38:38,400 --> 01:38:40,159
one of the the sort of potential

2537
01:38:40,159 --> 01:38:41,840
conflict points that I do see coming up

2538
01:38:41,840 --> 01:38:43,119
and that I think you guys will have to

2539
01:38:43,119 --> 01:38:46,400
be involved with is you know, on um you

2540
01:38:46,400 --> 01:38:48,719
know, in geothermal and like how do you

2541
01:38:48,719 --> 01:38:50,880
regulate any potential mineral

2542
01:38:50,880 --> 01:38:53,280
production out of geothermal operations?

2543
01:38:53,280 --> 01:38:55,280
Um that's kind of an ongoing discussion

2544
01:38:55,280 --> 01:38:56,960
in the legislature right now. I think

2545
01:38:56,960 --> 01:38:59,440
that having, you know, good data around,

2546
01:38:59,440 --> 01:39:01,360
you know, what is potentially producable

2547
01:39:01,360 --> 01:39:03,119
and and other things from geothermal

2548
01:39:03,119 --> 01:39:04,880
operations and how do we deal with that

2549
01:39:04,880 --> 01:39:06,719
from a kind of regulatory and promoting

2550
01:39:06,719 --> 01:39:08,239
perspective will be really important to

2551
01:39:08,239 --> 01:39:10,560
have you guys in those conversations. I

2552
01:39:10,560 --> 01:39:12,080
mean, you guys are having a little bit

2553
01:39:12,080 --> 01:39:14,080
of a family feud inside of DNR about

2554
01:39:14,080 --> 01:39:17,360
that. um you know between your water

2555
01:39:17,360 --> 01:39:20,000
rights and and doggum and um you know

2556
01:39:20,000 --> 01:39:21,440
unfortunately I got in the middle of

2557
01:39:21,440 --> 01:39:22,880
that during the last session and got

2558
01:39:22,880 --> 01:39:25,119
yelled at and no [cough]

2559
01:39:25,119 --> 01:39:26,560
um [clears throat] but I mean that that

2560
01:39:26,560 --> 01:39:28,159
is going to be an ongoing issue you know

2561
01:39:28,159 --> 01:39:29,280
I mean when you're getting into

2562
01:39:29,280 --> 01:39:30,800
geothermal operations when you're

2563
01:39:30,800 --> 01:39:32,239
getting into you know deep brine

2564
01:39:32,239 --> 01:39:33,840
resources and other things like that

2565
01:39:33,840 --> 01:39:36,480
where you know is this a geothermal

2566
01:39:36,480 --> 01:39:38,400
operation is this a water production is

2567
01:39:38,400 --> 01:39:40,880
this a mineral operation um I mean all

2568
01:39:40,880 --> 01:39:42,320
those things are going to get mixed up

2569
01:39:42,320 --> 01:39:44,080
and I think that you know your

2570
01:39:44,080 --> 01:39:45,679
perspective active on that and also

2571
01:39:45,679 --> 01:39:47,920
being able to figure out you know where

2572
01:39:47,920 --> 01:39:49,840
you can get into that discussion and

2573
01:39:49,840 --> 01:39:50,880
where you have to stay out of it

2574
01:39:50,880 --> 01:39:52,800
internally will be important.

2575
01:39:52,800 --> 01:39:54,800
>> Yeah, thank you. There's a there's an

2576
01:39:54,800 --> 01:39:57,520
internal DNR energy collaborating

2577
01:39:57,520 --> 01:39:59,440
council that meets once a month and

2578
01:39:59,440 --> 01:40:02,159
those those discussions do happen with

2579
01:40:02,159 --> 01:40:05,440
that group. So know that we're engaging

2580
01:40:05,440 --> 01:40:09,760
internally at DNR on that. Um, but I do

2581
01:40:09,760 --> 01:40:12,480
think that the geothermal development

2582
01:40:12,480 --> 01:40:14,560
potential is happening pretty rapidly. I

2583
01:40:14,560 --> 01:40:16,000
think you probably saw Rotherm's

2584
01:40:16,000 --> 01:40:18,000
announcement, you know, what they're

2585
01:40:18,000 --> 01:40:21,440
planning on doing. Um, so thanks for the

2586
01:40:21,440 --> 01:40:23,600
heads up on that. Um,

2587
01:40:23,600 --> 01:40:25,440
>> and and I think that there's ways to

2588
01:40:25,440 --> 01:40:26,800
deal with all of that. I mean, I don't

2589
01:40:26,800 --> 01:40:28,400
think that, you know, especially in

2590
01:40:28,400 --> 01:40:29,679
today's world, that, you know, an

2591
01:40:29,679 --> 01:40:31,360
operation needs to be just one thing. I

2592
01:40:31,360 --> 01:40:32,480
mean, it doesn't just need to be

2593
01:40:32,480 --> 01:40:34,719
geothermal or doesn't just need to be

2594
01:40:34,719 --> 01:40:35,679
oil and gas.

2595
01:40:35,679 --> 01:40:39,350
>> Maybe all of the above.

2596
01:40:39,360 --> 01:40:41,280
Well, and and even produced water. I

2597
01:40:41,280 --> 01:40:42,400
mean, you know, I think that with

2598
01:40:42,400 --> 01:40:43,920
produced water, I mean, you know, the

2599
01:40:43,920 --> 01:40:45,360
fact that a lot of my guys, the only way

2600
01:40:45,360 --> 01:40:46,880
they can water [clears throat] is to

2601
01:40:46,880 --> 01:40:48,400
bless you, the only way they can deal

2602
01:40:48,400 --> 01:40:49,600
with water is just to, you know,

2603
01:40:49,600 --> 01:40:51,520
reinject it back into the formations. I

2604
01:40:51,520 --> 01:40:53,840
mean, you know, maybe that's good, maybe

2605
01:40:53,840 --> 01:40:55,520
it's not because I mean, we're in a

2606
01:40:55,520 --> 01:40:57,119
drought situation. So, maybe we can, you

2607
01:40:57,119 --> 01:40:58,560
know, put that water to productive use,

2608
01:40:58,560 --> 01:41:00,239
but then we run into a bunch of

2609
01:41:00,239 --> 01:41:02,000
regulatory and, you know, rights issues

2610
01:41:02,000 --> 01:41:04,639
that are problematic. So, I I think that

2611
01:41:04,639 --> 01:41:06,239
we're going to have to have some very

2612
01:41:06,239 --> 01:41:07,760
hard discussions about this over the

2613
01:41:07,760 --> 01:41:09,679
next few years. And I just want to make

2614
01:41:09,679 --> 01:41:11,840
sure that, you know, everybody has a

2615
01:41:11,840 --> 01:41:14,239
seat at the table for those discussions.

2616
01:41:14,239 --> 01:41:18,239
Um because, you know, I we can't just

2617
01:41:18,239 --> 01:41:20,159
say, "Oh, you know, this is how we did

2618
01:41:20,159 --> 01:41:22,080
water in 1896 and so we're going to keep

2619
01:41:22,080 --> 01:41:23,710
doing it this way." Well,

2620
01:41:23,710 --> 01:41:24,239
[clears throat]

2621
01:41:24,239 --> 01:41:26,639
you know, that's probably not going to

2622
01:41:26,639 --> 01:41:29,760
work for the future. When you have a lot

2623
01:41:29,760 --> 01:41:31,440
of these operations, they're going to be

2624
01:41:31,440 --> 01:41:33,280
everything. I mean, they're going to be,

2625
01:41:33,280 --> 01:41:35,440
you know, energy operations and mineral

2626
01:41:35,440 --> 01:41:37,760
operations and water operations and who

2627
01:41:37,760 --> 01:41:39,679
knows what else. So, you know, we've got

2628
01:41:39,679 --> 01:41:41,679
to make sure that the regulations are

2629
01:41:41,679 --> 01:41:43,440
keeping up with the reality.

2630
01:41:43,440 --> 01:41:45,199
>> You want to add anything about that?

2631
01:41:45,199 --> 01:41:48,960
>> Um, just part of our role in that is to

2632
01:41:48,960 --> 01:41:51,280
do the analysis to see what is in that

2633
01:41:51,280 --> 01:41:53,280
water, whether it's from thermal and

2634
01:41:53,280 --> 01:41:56,239
produced water. And so, we've done a lot

2635
01:41:56,239 --> 01:41:59,199
of that in the past. We also have two

2636
01:41:59,199 --> 01:42:01,520
rather large DOE budgeted projects

2637
01:42:01,520 --> 01:42:06,400
related to core CN which is carbon ore

2638
01:42:06,400 --> 01:42:09,280
and critical minerals. So it was the

2639
01:42:09,280 --> 01:42:12,239
phase one was focused on coal and coal

2640
01:42:12,239 --> 01:42:14,960
adjacent strata. But phase two, which is

2641
01:42:14,960 --> 01:42:18,320
going to be starting here soon um in

2642
01:42:18,320 --> 01:42:20,560
Colorado Plateau area, but also in Quest

2643
01:42:20,560 --> 01:42:24,480
Desert, is much more broadly defined.

2644
01:42:24,480 --> 01:42:26,800
Part of that new definition is going to

2645
01:42:26,800 --> 01:42:29,199
include produced water. We did a little

2646
01:42:29,199 --> 01:42:31,840
bit of sampling of produced waters for

2647
01:42:31,840 --> 01:42:34,000
Corsium phase one and that data is now

2648
01:42:34,000 --> 01:42:36,080
out there, but we'll have an opportunity

2649
01:42:36,080 --> 01:42:39,600
to do a lot more. Um, and with now the

2650
01:42:39,600 --> 01:42:42,960
West Desert as part of the area of

2651
01:42:42,960 --> 01:42:45,440
interest, that'll include geothermal

2652
01:42:45,440 --> 01:42:48,639
grinds. Like I said, we we have kind of

2653
01:42:48,639 --> 01:42:50,960
a baseline of this data, but we'll have

2654
01:42:50,960 --> 01:42:52,960
the funding here soon over the next year

2655
01:42:52,960 --> 01:42:55,119
to do a lot more

2656
01:42:55,119 --> 01:42:56,800
put out a lot more data.

2657
01:42:56,800 --> 01:42:58,480
>> That's somewhere where interfacing can

2658
01:42:58,480 --> 01:43:01,119
help because operators don't want us to

2659
01:43:01,119 --> 01:43:03,360
come sample water. So, it's also part of

2660
01:43:03,360 --> 01:43:05,199
it too, right? Like we could probably do

2661
01:43:05,199 --> 01:43:06,480
a lot more, but

2662
01:43:06,480 --> 01:43:08,000
>> Huh. I mean the perception would be

2663
01:43:08,000 --> 01:43:10,400
there to meet up and you know problems.

2664
01:43:10,400 --> 01:43:11,600
>> Yeah. Well, that's it because everything

2665
01:43:11,600 --> 01:43:13,280
we do we're going to make public, right?

2666
01:43:13,280 --> 01:43:16,000
So then that's Yeah.

2667
01:43:16,000 --> 01:43:18,320
>> So maybe that's somewhere that we can

2668
01:43:18,320 --> 01:43:20,239
all all work together to make sure

2669
01:43:20,239 --> 01:43:22,880
everyone's soothed and getting getting

2670
01:43:22,880 --> 01:43:25,280
the good data that can help with you

2671
01:43:25,280 --> 01:43:27,360
know policy and managing resources but

2672
01:43:27,360 --> 01:43:29,040
also

2673
01:43:29,040 --> 01:43:31,199
>> shuffling operators. It was the same

2674
01:43:31,199 --> 01:43:33,119
it's the same with mine waste, right?

2675
01:43:33,119 --> 01:43:34,560
>> People can't decide if they want us to

2676
01:43:34,560 --> 01:43:35,840
come tell us there's things in it or

2677
01:43:35,840 --> 01:43:38,960
not. can't make up. I know John Basel

2678
01:43:38,960 --> 01:43:41,280
the previous director at dogam he was

2679
01:43:41,280 --> 01:43:43,119
very interested in produced water

2680
01:43:43,119 --> 01:43:46,239
putting it to beneficial use but in the

2681
01:43:46,239 --> 01:43:48,400
end the data that they had and for my

2682
01:43:48,400 --> 01:43:50,800
experience almost all of it is the

2683
01:43:50,800 --> 01:43:53,280
quality does not allow any the highest

2684
01:43:53,280 --> 01:43:55,280
beneficial use is putting it back in to

2685
01:43:55,280 --> 01:43:58,239
keep the reservoir pressurized

2686
01:43:58,239 --> 01:44:00,560
or your you know

2687
01:44:00,560 --> 01:44:02,159
>> but and I would say there's this is

2688
01:44:02,159 --> 01:44:03,920
where like the mine center might be one

2689
01:44:03,920 --> 01:44:05,280
of these things where it can really help

2690
01:44:05,280 --> 01:44:07,360
because there is all of these leaps and

2691
01:44:07,360 --> 01:44:09,119
bounds being made with that DL

2692
01:44:09,119 --> 01:44:12,000
technology. Well, and not just so that's

2693
01:44:12,000 --> 01:44:13,920
specific to lithium, but basically these

2694
01:44:13,920 --> 01:44:16,080
ionic meshes that you put water through

2695
01:44:16,080 --> 01:44:19,600
and with the different size of the mesh.

2696
01:44:19,600 --> 01:44:22,880
I'm like I don't know, but um there's

2697
01:44:22,880 --> 01:44:25,840
all sorts of advances in like the

2698
01:44:25,840 --> 01:44:27,360
different ways that we can do extraction

2699
01:44:27,360 --> 01:44:29,119
from water. So that's you know one of

2700
01:44:29,119 --> 01:44:31,280
the areas that hopefully that

2701
01:44:31,280 --> 01:44:32,960
metallergical interfacing and chemical

2702
01:44:32,960 --> 01:44:34,560
engineering can really maybe help with

2703
01:44:34,560 --> 01:44:36,159
that. And I know it's like it's also

2704
01:44:36,159 --> 01:44:38,239
super variable produced waters all over

2705
01:44:38,239 --> 01:44:38,560
the place.

2706
01:44:38,560 --> 01:44:40,480
>> Yeah. That I think we we talked for a

2707
01:44:40,480 --> 01:44:42,320
long time about trying to do a really

2708
01:44:42,320 --> 01:44:44,239
big push on produced water studies and

2709
01:44:44,239 --> 01:44:46,560
then ultimately like it was like they're

2710
01:44:46,560 --> 01:44:48,480
captured differently that like it's just

2711
01:44:48,480 --> 01:44:48,880
it was

2712
01:44:48,880 --> 01:44:51,119
>> there's a lot being used for track water

2713
01:44:51,119 --> 01:44:53,280
now some drill water. But that's as far

2714
01:44:53,280 --> 01:44:55,199
as we've gotten

2715
01:44:55,199 --> 01:44:56,719
>> which is awesome beneficial.

2716
01:44:56,719 --> 01:44:57,760
>> Yeah.

2717
01:44:57,760 --> 01:44:59,440
compared to compared to using farmers

2718
01:44:59,440 --> 01:45:01,600
water. This that's a that's a I mean

2719
01:45:01,600 --> 01:45:04,159
you're to avoid taking

2720
01:45:04,159 --> 01:45:06,239
>> drinking water and agricultural quality

2721
01:45:06,239 --> 01:45:08,960
waters and putting them in the ground.

2722
01:45:08,960 --> 01:45:12,000
>> Yeah. So it is a big step up.

2723
01:45:12,000 --> 01:45:13,679
>> I'm sure there's more.

2724
01:45:13,679 --> 01:45:16,000
One last thing is um on the workforce

2725
01:45:16,000 --> 01:45:18,880
services side um you know so I do oil

2726
01:45:18,880 --> 01:45:20,800
and gas and where we've had a lot of

2727
01:45:20,800 --> 01:45:23,360
success is we're in the schools pretty

2728
01:45:23,360 --> 01:45:25,760
constantly and the one thing is the

2729
01:45:25,760 --> 01:45:27,520
schools I work with a lot we don't get

2730
01:45:27,520 --> 01:45:29,440
the mining industry in uh we don't get

2731
01:45:29,440 --> 01:45:32,560
you guys on thesis or field trips or

2732
01:45:32,560 --> 01:45:34,080
presentations and it just takes a lot of

2733
01:45:34,080 --> 01:45:35,760
little touches just to get the students

2734
01:45:35,760 --> 01:45:37,600
aware that that's where it's at to get

2735
01:45:37,600 --> 01:45:39,119
them to take that emphasis and circle

2736
01:45:39,119 --> 01:45:41,040
that to where that correction so you

2737
01:45:41,040 --> 01:45:43,280
know uh we

2738
01:45:43,280 --> 01:45:44,800
interface and somehow get you guys in

2739
01:45:44,800 --> 01:45:46,400
there. I think that would be good for

2740
01:45:46,400 --> 01:45:47,280
everybody.

2741
01:45:47,280 --> 01:45:50,480
>> Yeah, I appreciate that. Yeah, we we do

2742
01:45:50,480 --> 01:45:52,400
have, you know, our mining ambassador

2743
01:45:52,400 --> 01:45:53,520
program, but I mean part of the

2744
01:45:53,520 --> 01:45:55,600
challenge we have is that I mean we're a

2745
01:45:55,600 --> 01:45:57,280
lot more spread out than the oil and gas

2746
01:45:57,280 --> 01:45:58,639
industry in the state. So, I mean, you

2747
01:45:58,639 --> 01:46:00,239
know, we're in so many different parts

2748
01:46:00,239 --> 01:46:04,000
of the state and um and one of the

2749
01:46:04,000 --> 01:46:05,760
things I think that oil and gas has done

2750
01:46:05,760 --> 01:46:07,119
a little bit better than us is that I

2751
01:46:07,119 --> 01:46:08,400
mean, they've also gotten a lot of their

2752
01:46:08,400 --> 01:46:09,840
service companies involved with that.

2753
01:46:09,840 --> 01:46:11,199
Whereas on the mining side, it's

2754
01:46:11,199 --> 01:46:12,639
traditionally been the operators only

2755
01:46:12,639 --> 01:46:14,480
that have really done that. And I don't

2756
01:46:14,480 --> 01:46:16,000
know why that is, but that's something

2757
01:46:16,000 --> 01:46:16,560
where we need

2758
01:46:16,560 --> 01:46:18,800
>> We'll have 80 service companies or 80

2759
01:46:18,800 --> 01:46:20,159
different opportunities for touches

2760
01:46:20,159 --> 01:46:21,199
where of course

2761
01:46:21,199 --> 01:46:23,440
>> Jennif's huge. If they don't have it,

2762
01:46:23,440 --> 01:46:24,719
they might not get that touch.

2763
01:46:24,719 --> 01:46:26,800
>> Exactly. So yeah, we need to figure out

2764
01:46:26,800 --> 01:46:28,480
a way to get our service companies as

2765
01:46:28,480 --> 01:46:30,639
involved in the the education touch

2766
01:46:30,639 --> 01:46:32,960
points. But yeah, in some of the you

2767
01:46:32,960 --> 01:46:34,400
know the rural parts of our state that

2768
01:46:34,400 --> 01:46:36,000
has been a little bit more challenging

2769
01:46:36,000 --> 01:46:37,520
just because you know again you don't

2770
01:46:37,520 --> 01:46:40,159
have that like huge concentration of

2771
01:46:40,159 --> 01:46:41,840
activity like you do in the oil and gas

2772
01:46:41,840 --> 01:46:43,280
industry where it's you know vast

2773
01:46:43,280 --> 01:46:44,719
majority of it's just right there in the

2774
01:46:44,719 --> 01:46:48,320
basin. So um one thing I did want to go

2775
01:46:48,320 --> 01:46:50,080
back on the produced water side. I mean

2776
01:46:50,080 --> 01:46:51,920
one thing that's been a challenge for us

2777
01:46:51,920 --> 01:46:53,360
and you know a couple years ago they

2778
01:46:53,360 --> 01:46:54,880
have a produced water bill that was run

2779
01:46:54,880 --> 01:46:57,280
for oil and gas and originally there was

2780
01:46:57,280 --> 01:47:00,000
a companion bill on mining. we decided

2781
01:47:00,000 --> 01:47:01,760
to hold on the mining side because there

2782
01:47:01,760 --> 01:47:03,920
were some you know particular things for

2783
01:47:03,920 --> 01:47:05,760
oil and gas that were it was just making

2784
01:47:05,760 --> 01:47:07,280
it a little overly complicated to do

2785
01:47:07,280 --> 01:47:09,840
both of them at the same time but then

2786
01:47:09,840 --> 01:47:12,800
you know the state water engineer kind

2787
01:47:12,800 --> 01:47:14,719
of got buyers remorse about the produced

2788
01:47:14,719 --> 01:47:16,560
water bill and so we were never able to

2789
01:47:16,560 --> 01:47:19,119
run ours um and so I mean these are kind

2790
01:47:19,119 --> 01:47:20,800
of things where again I mean you've got

2791
01:47:20,800 --> 01:47:23,360
different sort of regulatory you know

2792
01:47:23,360 --> 01:47:24,560
something that's totally different on

2793
01:47:24,560 --> 01:47:26,000
oil and gas than it is on the mining

2794
01:47:26,000 --> 01:47:27,360
side even though I mean ultimately it's

2795
01:47:27,360 --> 01:47:29,360
the same principle right that what do

2796
01:47:29,360 --> 01:47:30,480
you do with this water that you

2797
01:47:30,480 --> 01:47:32,639
inevitably produce as a result of your

2798
01:47:32,639 --> 01:47:34,239
you know your activities your production

2799
01:47:34,239 --> 01:47:37,119
activities and so um yeah these are the

2800
01:47:37,119 --> 01:47:38,400
kind of things where again I think you

2801
01:47:38,400 --> 01:47:39,760
know over the next few years we're going

2802
01:47:39,760 --> 01:47:41,440
to have to have some really hard

2803
01:47:41,440 --> 01:47:43,600
conversations about how we deal with

2804
01:47:43,600 --> 01:47:45,920
these type of things and um you know and

2805
01:47:45,920 --> 01:47:47,840
I I think to your point earlier Rich I

2806
01:47:47,840 --> 01:47:49,280
think that you know as technology

2807
01:47:49,280 --> 01:47:50,880
develops and you know Stephen was

2808
01:47:50,880 --> 01:47:52,400
talking about you know there's going to

2809
01:47:52,400 --> 01:47:53,840
be more and more uses there's going to

2810
01:47:53,840 --> 01:47:55,600
be more minerals that you can extract

2811
01:47:55,600 --> 01:47:57,040
there's going to be you know you can

2812
01:47:57,040 --> 01:47:58,639
clean up the water better you can find,

2813
01:47:58,639 --> 01:48:00,880
you know, new ways to to recycle. But, I

2814
01:48:00,880 --> 01:48:02,400
mean, even water reuse is really

2815
01:48:02,400 --> 01:48:04,239
controversial. And so, I mean, like,

2816
01:48:04,239 --> 01:48:05,840
these are a lot of conversations that

2817
01:48:05,840 --> 01:48:06,960
we're going to have to have over the

2818
01:48:06,960 --> 01:48:10,080
next few years. And, um, you know, we're

2819
01:48:10,080 --> 01:48:12,080
going to need to make sure that all the

2820
01:48:12,080 --> 01:48:13,679
experts are at the table for that

2821
01:48:13,679 --> 01:48:16,560
because, um, you know, that hasn't been

2822
01:48:16,560 --> 01:48:18,719
the case. Um, you know, with a lot of

2823
01:48:18,719 --> 01:48:19,920
these bills that have been earned over

2824
01:48:19,920 --> 01:48:22,639
the past few um, legislative sessions. I

2825
01:48:22,639 --> 01:48:24,080
mean they've been very narrowly focused

2826
01:48:24,080 --> 01:48:26,159
to kind of provide a you know either fix

2827
01:48:26,159 --> 01:48:27,760
a problem or provide a benefit for a

2828
01:48:27,760 --> 01:48:29,920
very sort of narrow sector of you know

2829
01:48:29,920 --> 01:48:31,520
the geothermal industry or whatever the

2830
01:48:31,520 --> 01:48:33,119
case is and you know we're not dealing

2831
01:48:33,119 --> 01:48:35,840
with some of these bigger issues and um

2832
01:48:35,840 --> 01:48:37,840
you know we've got to deal with them but

2833
01:48:37,840 --> 01:48:39,760
also like want to get yelled at by Mike

2834
01:48:39,760 --> 01:48:42,719
McKill. So um anyway

2835
01:48:42,719 --> 01:48:43,920
>> then that goes back to like this

2836
01:48:43,920 --> 01:48:46,080
cross-disciplinary approach to workforce

2837
01:48:46,080 --> 01:48:48,320
development because if more of whatever

2838
01:48:48,320 --> 01:48:50,000
field you're looking at is aware and has

2839
01:48:50,000 --> 01:48:51,280
had a little bit of training in other

2840
01:48:51,280 --> 01:48:52,880
fields around them. It's easier to look

2841
01:48:52,880 --> 01:49:00,709
for these crossover and improvement.

2842
01:49:00,719 --> 01:49:04,000
» I hope that was correct for us. So,

2843
01:49:04,000 --> 01:49:07,360
thank you so much for for taking the

2844
01:49:07,360 --> 01:49:10,480
time to come to get to know our board a

2845
01:49:10,480 --> 01:49:12,400
little bit more. You're a huge asset for

2846
01:49:12,400 --> 01:49:15,600
us and to talk with us about how we can

2847
01:49:15,600 --> 01:49:19,840
continue to support the mining industry

2848
01:49:19,840 --> 01:49:22,639
and you know the value of our data

2849
01:49:22,639 --> 01:49:25,280
hopefully. So, and we have a big team

2850
01:49:25,280 --> 01:49:27,280
here that's doing a lot

2851
01:49:27,280 --> 01:49:31,040
>> um on the mining side. So,

2852
01:49:31,040 --> 01:49:32,639
keep going on all that.

2853
01:49:32,639 --> 01:49:34,000
>> Yeah. Thank you guys. Thanks for what

2854
01:49:34,000 --> 01:49:35,440
you do. And yeah, if there's anything

2855
01:49:35,440 --> 01:49:37,199
where again we can

2856
01:49:37,199 --> 01:49:41,040
>> be helpful and um you know, we're we

2857
01:49:41,040 --> 01:49:43,280
love to partner with our state state

2858
01:49:43,280 --> 01:49:47,280
partners and our uh just here to make

2859
01:49:47,280 --> 01:49:49,440
things work as well as they can. So,

2860
01:49:49,440 --> 01:49:51,199
thank you.

2861
01:49:51,199 --> 01:49:52,960
>> You missed the very introductory part of

2862
01:49:52,960 --> 01:49:54,880
our meeting. We did introduce um in

2863
01:49:54,880 --> 01:49:56,719
addition to our mineral staff, we have

2864
01:49:56,719 --> 01:49:58,960
quite a bit of outside funding that has

2865
01:49:58,960 --> 01:50:01,600
come in um through staff and her team

2866
01:50:01,600 --> 01:50:05,600
for for minerals exploration work. Um

2867
01:50:05,600 --> 01:50:07,920
and uh there's even a couple other

2868
01:50:07,920 --> 01:50:09,119
larger projects out there. I think

2869
01:50:09,119 --> 01:50:10,960
you're aware of the BHP explore program

2870
01:50:10,960 --> 01:50:13,360
that Steph's been part of. So we did add

2871
01:50:13,360 --> 01:50:15,679
another minerals geologist to our team.

2872
01:50:15,679 --> 01:50:18,239
So we're doing the good work over here.

2873
01:50:18,239 --> 01:50:20,159
That's great. So, can I ask is that

2874
01:50:20,159 --> 01:50:22,800
funny mostly coming from industry or is

2875
01:50:22,800 --> 01:50:23,119
that

2876
01:50:23,119 --> 01:50:24,400
>> Yeah. Do you want me to run through it?

2877
01:50:24,400 --> 01:50:25,679
I don't have any slides, but I can run

2878
01:50:25,679 --> 01:50:27,920
through also for the board if anyone has

2879
01:50:27,920 --> 01:50:30,639
heard of um I think it's in this survey

2880
01:50:30,639 --> 01:50:32,480
note. Does anyone know? We had we ran an

2881
01:50:32,480 --> 01:50:34,000
article about BHP explore and I think

2882
01:50:34,000 --> 01:50:34,800
it's in the survey.

2883
01:50:34,800 --> 01:50:36,639
>> It's in the survey notes that's coming

2884
01:50:36,639 --> 01:50:37,920
out next month.

2885
01:50:37,920 --> 01:50:40,000
>> Okay. Yeah. So, there will be there will

2886
01:50:40,000 --> 01:50:41,600
be an article about this in survey

2887
01:50:41,600 --> 01:50:43,119
notes, [clears throat] but um so my

2888
01:50:43,119 --> 01:50:45,119
project geologist Jim McY and I were in

2889
01:50:45,119 --> 01:50:47,280
this program called BHP explore. So BHP

2890
01:50:47,280 --> 01:50:48,880
is the largest mining company in the

2891
01:50:48,880 --> 01:50:50,800
world. They have what's called an

2892
01:50:50,800 --> 01:50:52,560
accelerator program that's traditionally

2893
01:50:52,560 --> 01:50:54,400
targeted at junior mining companies to

2894
01:50:54,400 --> 01:50:56,320
take essentially a good idea and make it

2895
01:50:56,320 --> 01:50:58,880
investable. And just out of a moonshot,

2896
01:50:58,880 --> 01:51:01,440
I actually applied for us. Um and just

2897
01:51:01,440 --> 01:51:02,880
lo and behold, we've got in. And so

2898
01:51:02,880 --> 01:51:04,400
we're the first government entity,

2899
01:51:04,400 --> 01:51:06,000
academic entity, anything other than

2900
01:51:06,000 --> 01:51:07,520
essentially a junior mining company were

2901
01:51:07,520 --> 01:51:09,840
the first ones in. And so the way that

2902
01:51:09,840 --> 01:51:12,639
we've structured this is focusing on our

2903
01:51:12,639 --> 01:51:14,400
actual um foundational data

2904
01:51:14,400 --> 01:51:16,080
infrastructure. So all the data that you

2905
01:51:16,080 --> 01:51:18,239
need to then take and do your job. Our

2906
01:51:18,239 --> 01:51:20,080
focus is on trying to build those

2907
01:51:20,080 --> 01:51:22,080
foundations for Utah. So we've got a

2908
01:51:22,080 --> 01:51:23,440
couple different themes that are very

2909
01:51:23,440 --> 01:51:24,880
like our nitty-gritty geology like

2910
01:51:24,880 --> 01:51:26,719
intrusive base maps and fertility and

2911
01:51:26,719 --> 01:51:28,080
architecture mapping. So we have, you

2912
01:51:28,080 --> 01:51:29,840
know, it's our kind of stuff, but that

2913
01:51:29,840 --> 01:51:31,520
allows us to build the data foundations

2914
01:51:31,520 --> 01:51:33,119
that we need to then create the products

2915
01:51:33,119 --> 01:51:34,800
that can inform just a basic

2916
01:51:34,800 --> 01:51:36,480
prospectivity map for the state and

2917
01:51:36,480 --> 01:51:37,760
things like that. So it's a half a

2918
01:51:37,760 --> 01:51:40,480
million dollar um grant. We're wrapping

2919
01:51:40,480 --> 01:51:41,920
up the formal part of it.

2920
01:51:41,920 --> 01:51:43,520
>> Liverpool one.

2921
01:51:43,520 --> 01:51:45,599
>> Yeah. So we have a they are the nerdy

2922
01:51:45,599 --> 01:51:47,679
geology deliverables. So we will be

2923
01:51:47,679 --> 01:51:49,760
doing we're doing a regional intrusive

2924
01:51:49,760 --> 01:51:51,679
sampling campaign where we're running

2925
01:51:51,679 --> 01:51:53,760
lithogochemistry, geocchronology, trace

2926
01:51:53,760 --> 01:51:56,560
on geiochemistry and zircon and madenium

2927
01:51:56,560 --> 01:51:58,800
isotopes. So that helps with creatonic

2928
01:51:58,800 --> 01:52:01,119
isotopic mapping age like age and

2929
01:52:01,119 --> 01:52:02,960
fertility assessments across the state.

2930
01:52:02,960 --> 01:52:05,280
So that the whole point of doing that if

2931
01:52:05,280 --> 01:52:07,599
we take all the dirty like nerdy geology

2932
01:52:07,599 --> 01:52:09,280
speak what we're trying to do is area

2933
01:52:09,280 --> 01:52:11,199
reduction for expiration. So we don't if

2934
01:52:11,199 --> 01:52:12,880
an expiration company's coming in, we

2935
01:52:12,880 --> 01:52:14,080
don't want them to have to figure out

2936
01:52:14,080 --> 01:52:15,920
where in the whole state they want to

2937
01:52:15,920 --> 01:52:17,280
pick up ground. We want them to know

2938
01:52:17,280 --> 01:52:19,440
like this 20% of the state is the most

2939
01:52:19,440 --> 01:52:21,360
perspective for the system that you're

2940
01:52:21,360 --> 01:52:23,520
looking for. Um but then we need a lot

2941
01:52:23,520 --> 01:52:26,320
of thin geology to do those assessments.

2942
01:52:26,320 --> 01:52:28,239
So our focus is on de-risisking

2943
01:52:28,239 --> 01:52:31,520
exploration um attracting investment and

2944
01:52:31,520 --> 01:52:33,760
reducing exploration area in the state.

2945
01:52:33,760 --> 01:52:35,679
And when we also reduce the exploration

2946
01:52:35,679 --> 01:52:37,199
area, we can start to integrate above

2947
01:52:37,199 --> 01:52:39,119
ground risk as well risk as well. So we

2948
01:52:39,119 --> 01:52:40,480
can start taking out areas that are

2949
01:52:40,480 --> 01:52:42,480
overly sensitive for environmental

2950
01:52:42,480 --> 01:52:44,239
reasons or for water reasons. So that

2951
01:52:44,239 --> 01:52:45,599
allows us to also promote the

2952
01:52:45,599 --> 01:52:47,520
responsible stewardship of resource

2953
01:52:47,520 --> 01:52:50,080
development. So um our deliverables are

2954
01:52:50,080 --> 01:52:51,360
things like an architecture with the

2955
01:52:51,360 --> 01:52:54,080
spirit map and this regional fertility

2956
01:52:54,080 --> 01:52:55,520
study and a prospectivity map and a

2957
01:52:55,520 --> 01:52:56,880
preservation potential. So those are

2958
01:52:56,880 --> 01:52:58,320
kind of the deliverables that we're

2959
01:52:58,320 --> 01:53:00,000
doing. Everything we're doing will be

2960
01:53:00,000 --> 01:53:01,440
made public. There's a one-year window

2961
01:53:01,440 --> 01:53:03,119
of confidentiality. That is the benefit

2962
01:53:03,119 --> 01:53:04,560
that the HP is getting out of it, but

2963
01:53:04,560 --> 01:53:06,960
overall I would say

2964
01:53:06,960 --> 01:53:09,760
we're getting a lot out of it. Um, so

2965
01:53:09,760 --> 01:53:11,199
yeah, the formal part of the program,

2966
01:53:11,199 --> 01:53:12,719
Jim and I are closing that out actually

2967
01:53:12,719 --> 01:53:14,800
in just a month, but our project will

2968
01:53:14,800 --> 01:53:17,440
actually run through July of next year.

2969
01:53:17,440 --> 01:53:20,639
>> So half a million dollar.

2970
01:53:20,639 --> 01:53:21,360
>> Yeah.

2971
01:53:21,360 --> 01:53:24,320
>> But it will let let us do, you know,

2972
01:53:24,320 --> 01:53:25,679
traditionally we've kind of been able to

2973
01:53:25,679 --> 01:53:27,440
do a lot of postage stamp work and

2974
01:53:27,440 --> 01:53:29,360
trying to get little areas. This is

2975
01:53:29,360 --> 01:53:31,840
letting us do much larger statewide

2976
01:53:31,840 --> 01:53:33,840
assessments and compilation so that we

2977
01:53:33,840 --> 01:53:36,159
can build essentially better products to

2978
01:53:36,159 --> 01:53:38,239
attract exploration and investment into

2979
01:53:38,239 --> 01:53:39,599
the state. So

2980
01:53:39,599 --> 01:53:42,320
>> do you have a feel

2981
01:53:42,320 --> 01:53:45,520
why BHP

2982
01:53:45,520 --> 01:53:48,480
selected the Utah Geological Survey? I

2983
01:53:48,480 --> 01:53:50,400
mean is it because of the resources in

2984
01:53:50,400 --> 01:53:53,280
the survey or the perspective

2985
01:53:53,280 --> 01:53:56,400
terrains geological terrains of Utah or

2986
01:53:56,400 --> 01:53:59,040
bodies or both? Yeah, I think it was

2987
01:53:59,040 --> 01:54:02,080
multi-pronged. I think there was kind of

2988
01:54:02,080 --> 01:54:04,480
a lot of curiosity about how this type

2989
01:54:04,480 --> 01:54:05,920
of public part public private

2990
01:54:05,920 --> 01:54:07,840
partnership could actually work. Um, I

2991
01:54:07,840 --> 01:54:09,599
mean, I do think BHP works very hard to

2992
01:54:09,599 --> 01:54:11,760
be a good community member within the

2993
01:54:11,760 --> 01:54:13,760
mining industry. So, there was that

2994
01:54:13,760 --> 01:54:15,520
aspect kind of the innovative aspect to

2995
01:54:15,520 --> 01:54:18,000
it. There is recognition of the skills

2996
01:54:18,000 --> 01:54:22,000
and the depth of knowledge and um,

2997
01:54:22,000 --> 01:54:24,080
both me and my team like we we deliver

2998
01:54:24,080 --> 01:54:25,440
at a pretty high level and I think we're

2999
01:54:25,440 --> 01:54:27,040
known to deliver at a pretty high level.

3000
01:54:27,040 --> 01:54:29,199
So I will say there was c certainly some

3001
01:54:29,199 --> 01:54:31,679
reputational uh support that went into

3002
01:54:31,679 --> 01:54:33,840
that but then also yeah geologic tree

3003
01:54:33,840 --> 01:54:35,199
and we are kind of only working on the

3004
01:54:35,199 --> 01:54:37,280
western half of the state right now. Um

3005
01:54:37,280 --> 01:54:39,920
but the kind of the skills that we're

3006
01:54:39,920 --> 01:54:41,199
learning because we're getting a lot of

3007
01:54:41,199 --> 01:54:42,880
upskilling as well as far as like how

3008
01:54:42,880 --> 01:54:44,480
they look at a mineral system from you

3009
01:54:44,480 --> 01:54:46,239
know mantle to deposit scale and things

3010
01:54:46,239 --> 01:54:47,679
like that and what kind of data we need

3011
01:54:47,679 --> 01:54:49,280
to collect and how we integrate all

3012
01:54:49,280 --> 01:54:50,880
that. So we're getting a lot of value

3013
01:54:50,880 --> 01:54:52,639
out of it and we'll be able to take that

3014
01:54:52,639 --> 01:54:54,000
to the rest of the state with different

3015
01:54:54,000 --> 01:54:56,480
types of mineral systems. So um right

3016
01:54:56,480 --> 01:54:58,239
now it's very poor free offer focused

3017
01:54:58,239 --> 01:55:00,560
but yeah pulling stuff out into other

3018
01:55:00,560 --> 01:55:03,360
systems as as we're able ultimately are

3019
01:55:03,360 --> 01:55:04,880
still government but we do still not

3020
01:55:04,880 --> 01:55:07,280
work as fast as industry but we're

3021
01:55:07,280 --> 01:55:10,159
getting skills.

3022
01:55:10,159 --> 01:55:12,080
>> Do you want to talk about SEG maybe

3023
01:55:12,080 --> 01:55:13,199
while Brian's here too?

3024
01:55:13,199 --> 01:55:16,159
>> Yeah I know

3025
01:55:16,159 --> 01:55:17,440
looking at who might actually be going

3026
01:55:17,440 --> 01:55:19,360
to SCG

3027
01:55:19,360 --> 01:55:20,080
>> probably.

3028
01:55:20,080 --> 01:55:22,480
>> Yay. Okay so SCG is the society of

3029
01:55:22,480 --> 01:55:24,000
economic geologists. This is an

3030
01:55:24,000 --> 01:55:26,159
international organization um that's

3031
01:55:26,159 --> 01:55:28,960
very technically focused. There's that

3032
01:55:28,960 --> 01:55:30,480
tends to work more on the downstream has

3033
01:55:30,480 --> 01:55:32,080
all your engineers has things like that.

3034
01:55:32,080 --> 01:55:33,840
This is more upstream and it is very

3035
01:55:33,840 --> 01:55:36,560
geoscience centric. So the international

3036
01:55:36,560 --> 01:55:38,320
annual meeting is being held here in

3037
01:55:38,320 --> 01:55:40,239
Salt Lake. I do have the privilege of

3038
01:55:40,239 --> 01:55:43,440
being chair of this conference. So um

3039
01:55:43,440 --> 01:55:45,360
yeah, we've got a lot of UGS impact

3040
01:55:45,360 --> 01:55:47,679
going on. Darlene is going to come give

3041
01:55:47,679 --> 01:55:49,360
some opening comments for us when we

3042
01:55:49,360 --> 01:55:50,560
open the whole thing. It'll be at the

3043
01:55:50,560 --> 01:55:52,560
Salt Powell Center from September 30th

3044
01:55:52,560 --> 01:55:54,320
to October 3rd. Mike's going to run a

3045
01:55:54,320 --> 01:55:56,179
field trip whether he wants to or not.

3046
01:55:56,179 --> 01:55:56,960
[laughter]

3047
01:55:56,960 --> 01:55:58,239
I put it on his calendar about a year

3048
01:55:58,239 --> 01:56:00,239
ago. So, he could tell how many people

3049
01:56:00,239 --> 01:56:03,599
are expected to come. We are currently

3050
01:56:03,599 --> 01:56:06,159
trending above registration numbers from

3051
01:56:06,159 --> 01:56:07,920
last year, which was the record setting

3052
01:56:07,920 --> 01:56:10,639
year of attendance. So, I always felt

3053
01:56:10,639 --> 01:56:12,400
like if we hit a thousand, we'd be doing

3054
01:56:12,400 --> 01:56:14,639
great. But right now, they had 1,200

3055
01:56:14,639 --> 01:56:15,920
last year, and right now our

3056
01:56:15,920 --> 01:56:17,440
registration numbers are trending above

3057
01:56:17,440 --> 01:56:20,400
them. So, we will see. Um, we have some

3058
01:56:20,400 --> 01:56:22,800
really cool uh innovative things. We

3059
01:56:22,800 --> 01:56:24,639
actually sold out our core shack, which

3060
01:56:24,639 --> 01:56:26,639
SCG has one never had a core shack and

3061
01:56:26,639 --> 01:56:28,239
two never managed to sell it out. So,

3062
01:56:28,239 --> 01:56:29,840
we've sold out our core shack. We've

3063
01:56:29,840 --> 01:56:31,679
sold out our exhibits. We've sold out

3064
01:56:31,679 --> 01:56:32,880
our field trips. We've sold out our

3065
01:56:32,880 --> 01:56:35,920
short courses. Um, yeah, we're doing

3066
01:56:35,920 --> 01:56:38,480
some we're doing a rock auction. If any

3067
01:56:38,480 --> 01:56:40,639
anybody has some good geological samples

3068
01:56:40,639 --> 01:56:42,400
that they wouldn't mind donating, we are

3069
01:56:42,400 --> 01:56:44,080
running a rock auction for a scholarship

3070
01:56:44,080 --> 01:56:45,760
fundraiser. So, if you have any nice

3071
01:56:45,760 --> 01:56:46,960
samples, I would

3072
01:56:46,960 --> 01:56:48,639
>> What are you looking for? just things

3073
01:56:48,639 --> 01:56:50,239
that are nice, high quality rock and

3074
01:56:50,239 --> 01:56:51,520
minerals that something that someone

3075
01:56:51,520 --> 01:56:52,960
would want to bid on in a silent

3076
01:56:52,960 --> 01:56:56,880
auction, just that type of thing. Um, so

3077
01:56:56,880 --> 01:57:00,320
yeah, it should be a really good time.

3078
01:57:00,320 --> 01:57:01,679
>> Maybe you could add anything to our

3079
01:57:01,679 --> 01:57:04,800
members at that time rock.

3080
01:57:04,800 --> 01:57:06,719
>> Oh, I've been trying to tell everyone

3081
01:57:06,719 --> 01:57:08,400
that I possibly could. I can send you

3082
01:57:08,400 --> 01:57:10,480
our little graphic.

3083
01:57:10,480 --> 01:57:12,480
>> Yeah, we send it with our newsletter.

3084
01:57:12,480 --> 01:57:14,800
>> Oh, those are donations. So

3085
01:57:14,800 --> 01:57:16,159
>> yeah, you can [clears throat] they can

3086
01:57:16,159 --> 01:57:18,080
just come to us like we'll we'll manage

3087
01:57:18,080 --> 01:57:18,719
getting them to

3088
01:57:18,719 --> 01:57:20,719
>> That's a great idea. And that money

3089
01:57:20,719 --> 01:57:22,000
raises scholarship.

3090
01:57:22,000 --> 01:57:24,159
>> Yep. Scholarship. So research grants and

3091
01:57:24,159 --> 01:57:25,679
conference attendance.

3092
01:57:25,679 --> 01:57:27,679
>> That's a great idea.

3093
01:57:27,679 --> 01:57:29,199
>> Yeah. And Steph's the chair of this. So

3094
01:57:29,199 --> 01:57:30,560
it's kind of a big deal.

3095
01:57:30,560 --> 01:57:32,159
>> Yeah. It should be really fun. It's very

3096
01:57:32,159 --> 01:57:34,639
it's, you know, it's very upstream but

3097
01:57:34,639 --> 01:57:36,719
also for me my argument is always well

3098
01:57:36,719 --> 01:57:38,000
the downstream doesn't exist without the

3099
01:57:38,000 --> 01:57:39,840
upstream. The upstream tends to be a

3100
01:57:39,840 --> 01:57:40,960
little smaller because it's a little

3101
01:57:40,960 --> 01:57:42,639
more focused, a little more technical.

3102
01:57:42,639 --> 01:57:44,639
We don't have as many oper uh like

3103
01:57:44,639 --> 01:57:48,080
service providers. Um but again, if we

3104
01:57:48,080 --> 01:57:49,840
don't do our job well, there's nothing

3105
01:57:49,840 --> 01:57:51,360
that comes after us.

3106
01:57:51,360 --> 01:57:52,800
>> It's great to have in Utah. So that

3107
01:57:52,800 --> 01:57:56,480
gives Utah's, you know, exploration.

3108
01:57:56,480 --> 01:57:58,639
>> A lot of them are exhibiting and West is

3109
01:57:58,639 --> 01:58:01,119
exhibiting. BCM is exhibiting. I almost

3110
01:58:01,119 --> 01:58:02,560
got Hawk Resources, but I think they

3111
01:58:02,560 --> 01:58:04,239
missed out and we sold out. Tenkick is

3112
01:58:04,239 --> 01:58:06,560
exhibiting. Rio's exhibiting. Like

3113
01:58:06,560 --> 01:58:09,360
they're all um yeah, they're all even

3114
01:58:09,360 --> 01:58:10,960
the little ones, they're all showing up.

3115
01:58:10,960 --> 01:58:13,520
Liberty's exhibiting. Yeah,

3116
01:58:13,520 --> 01:58:20,229
>> survival's exhibiting. Yeah.

3117
01:58:20,239 --> 01:58:22,159
» Well, yeah. Send me the the graphic.

3118
01:58:22,159 --> 01:58:23,760
I'll point that out with our newsletter.

3119
01:58:23,760 --> 01:58:24,320
>> Thank you.

3120
01:58:24,320 --> 01:58:26,480
>> I love to see if we can get some samples

3121
01:58:26,480 --> 01:58:27,920
for that. And then if there's anything

3122
01:58:27,920 --> 01:58:29,760
else that we can do to support that from

3123
01:58:29,760 --> 01:58:31,920
the industry side, love to

3124
01:58:31,920 --> 01:58:33,440
>> love to help with that. So,

3125
01:58:33,440 --> 01:58:35,440
>> for sure.

3126
01:58:35,440 --> 01:58:35,920
>> Great.

3127
01:58:35,920 --> 01:58:37,440
>> I assume you're working with you a bunch

3128
01:58:37,440 --> 01:58:39,440
on that, too. not as much because we

3129
01:58:39,440 --> 01:58:41,040
don't have an economic geologist. I

3130
01:58:41,040 --> 01:58:43,360
think Lauren Burnhar is gonna come. Um I

3131
01:58:43,360 --> 01:58:44,880
think she's sending a couple students.

3132
01:58:44,880 --> 01:58:48,400
But um we one thing I will so actually y

3133
01:58:48,400 --> 01:58:49,440
going back to this workforce

3134
01:58:49,440 --> 01:58:52,000
conversation. I worked my tail off to

3135
01:58:52,000 --> 01:58:54,400
get SCG to provide travel support for

3136
01:58:54,400 --> 01:58:56,800
undergrads specifically because SCG this

3137
01:58:56,800 --> 01:58:58,320
is one of my things with SCG they

3138
01:58:58,320 --> 01:58:59,840
traditionally focus very heavily at the

3139
01:58:59,840 --> 01:59:01,520
graduate level and that is too late.

3140
01:59:01,520 --> 01:59:03,040
We've already missed a huge part of the

3141
01:59:03,040 --> 01:59:04,719
workforce pipeline if we're focusing at

3142
01:59:04,719 --> 01:59:07,360
the graduate level. So I worked super

3143
01:59:07,360 --> 01:59:09,920
hard to get undergraduates travel

3144
01:59:09,920 --> 01:59:11,440
support this year. We sent it out to all

3145
01:59:11,440 --> 01:59:13,920
the university we like in the US, you

3146
01:59:13,920 --> 01:59:15,599
know, Arizona, California, all of our

3147
01:59:15,599 --> 01:59:17,840
Utah universities, just everyone. We got

3148
01:59:17,840 --> 01:59:21,119
six applications from the US.

3149
01:59:21,119 --> 01:59:23,280
>> So when I when we say this workforce

3150
01:59:23,280 --> 01:59:26,000
problem is hard and like we're try like

3151
01:59:26,000 --> 01:59:29,440
so you know and and so then that's gonna

3152
01:59:29,440 --> 01:59:31,040
I think everyone liked the idea enough

3153
01:59:31,040 --> 01:59:32,639
that it will still have traction to go

3154
01:59:32,639 --> 01:59:33,599
forward. I think they're going to take

3155
01:59:33,599 --> 01:59:35,199
the program that I built and use it in

3156
01:59:35,199 --> 01:59:36,960
future conferences and obviously there's

3157
01:59:36,960 --> 01:59:39,840
been some lessons learned but um yeah

3158
01:59:39,840 --> 01:59:42,080
the the workforce component is is hard

3159
01:59:42,080 --> 01:59:43,920
and we're trying but it is it is a

3160
01:59:43,920 --> 01:59:52,629
challenge.

3161
01:59:52,639 --> 01:59:54,480
» Thank you so much for your time. Thanks

3162
01:59:54,480 --> 01:59:56,159
for coming to visit us. It's really nice

3163
01:59:56,159 --> 01:59:58,320
to see you here and I appreciate your

3164
01:59:58,320 --> 02:00:00,080
time and your preparation for this. So

3165
02:00:00,080 --> 02:00:02,080
we'll just keep the conversation going.

3166
02:00:02,080 --> 02:00:04,000
I know when I put Brian and you know

3167
02:00:04,000 --> 02:00:05,679
Brian and staff got together for lunch

3168
02:00:05,679 --> 02:00:07,440
and I I really just got out of the

3169
02:00:07,440 --> 02:00:08,880
conversation and took notes they had a

3170
02:00:08,880 --> 02:00:11,199
lot to talk about. It's very engaged. So

3171
02:00:11,199 --> 02:00:13,280
I really appreciate that. So thanks for

3172
02:00:13,280 --> 02:00:14,159
all you're doing.

3173
02:00:14,159 --> 02:00:16,400
>> Oh thank you guys. And one thing too

3174
02:00:16,400 --> 02:00:17,599
again if there's anything that we can do

3175
02:00:17,599 --> 02:00:20,800
as industry to to help and um you know I

3176
02:00:20,800 --> 02:00:22,560
know it's only August so it seems crazy

3177
02:00:22,560 --> 02:00:24,080
to be talking about the legislative

3178
02:00:24,080 --> 02:00:26,320
session but it'll be here before before

3179
02:00:26,320 --> 02:00:28,480
we know it. Um, so yeah, I mean I'd love

3180
02:00:28,480 --> 02:00:30,320
to to have some conversations and if we

3181
02:00:30,320 --> 02:00:32,000
could be helpful as you guys are putting

3182
02:00:32,000 --> 02:00:34,639
your requests for um, you know, for for

3183
02:00:34,639 --> 02:00:36,320
budgets and if you know end up with any

3184
02:00:36,320 --> 02:00:38,880
RFAS or anything like that. I mean, we

3185
02:00:38,880 --> 02:00:40,480
ask for a lot from the legislature, but

3186
02:00:40,480 --> 02:00:42,320
we don't tend to ask for a lot of money.

3187
02:00:42,320 --> 02:00:44,560
Um, and so, you know, if we can support

3188
02:00:44,560 --> 02:00:46,239
things like that, you know, especially

3189
02:00:46,239 --> 02:00:48,480
appropriations requests, like that does

3190
02:00:48,480 --> 02:00:49,920
tend to have an impact because again,

3191
02:00:49,920 --> 02:00:52,320
we're just not in there, you know,

3192
02:00:52,320 --> 02:00:53,840
begging for money every year like most

3193
02:00:53,840 --> 02:00:56,400
people. So, we'd love to do that. what

3194
02:00:56,400 --> 02:00:57,920
to make sure you guys have the resources

3195
02:00:57,920 --> 02:01:00,159
you need both, you know, for your mobile

3196
02:01:00,159 --> 02:01:01,840
operations, but also for these kind of

3197
02:01:01,840 --> 02:01:04,000
projects that you're you're taking on.

3198
02:01:04,000 --> 02:01:06,320
Um, I mean, I would love to see maybe

3199
02:01:06,320 --> 02:01:07,920
there could be a state man, you know,

3200
02:01:07,920 --> 02:01:09,920
that BHP project and just let you, you

3201
02:01:09,920 --> 02:01:13,199
know, expand that. And um, anyway, I

3202
02:01:13,199 --> 02:01:14,800
would love to to be helpful wherever we

3203
02:01:14,800 --> 02:01:17,920
can on the on the legislator side.

3204
02:01:17,920 --> 02:01:19,360
>> We should have talked a week ago. Our

3205
02:01:19,360 --> 02:01:21,440
building block request [laughter]

3206
02:01:21,440 --> 02:01:23,760
yesterday. We'll get you next time.

3207
02:01:23,760 --> 02:01:26,080
>> No, it's fine. Well, the The problem is

3208
02:01:26,080 --> 02:01:27,520
in submitting your building broker

3209
02:01:27,520 --> 02:01:28,560
prices getting, you know,

3210
02:01:28,560 --> 02:01:30,719
>> getting it into the governor's budget.

3211
02:01:30,719 --> 02:01:32,880
But that's okay. We we got we got a

3212
02:01:32,880 --> 02:01:34,239
little leverage. I think

3213
02:01:34,239 --> 02:01:37,760
>> we should recognize the the RFA that we

3214
02:01:37,760 --> 02:01:40,000
got a couple years ago

3215
02:01:40,000 --> 02:01:42,639
400,000 which I'm sure you helped with

3216
02:01:42,639 --> 02:01:45,520
and we appreciate and we love RFAS

3217
02:01:45,520 --> 02:01:46,880
because they're a little bit easier for

3218
02:01:46,880 --> 02:01:47,280
us.

3219
02:01:47,280 --> 02:01:48,159
>> Yeah. line [clears throat] waste

3220
02:01:48,159 --> 02:01:50,239
inventory actually had a little bit of

3221
02:01:50,239 --> 02:01:53,599
seed funding from USGS but we [snorts]

3222
02:01:53,599 --> 02:01:56,480
as part of this like high priority min

3223
02:01:56,480 --> 02:01:57,280
that went into

3224
02:01:57,280 --> 02:01:59,199
>> yeah let's follow up and send that to

3225
02:01:59,199 --> 02:02:00,159
Brian also

3226
02:02:00,159 --> 02:02:04,709
>> yeah I know I'm sorry there's actually

3227
02:02:04,719 --> 02:02:06,880
» yeah I'd love to help with that I mean

3228
02:02:06,880 --> 02:02:08,639
again RFAS and things like that but I

3229
02:02:08,639 --> 02:02:10,880
mean if you guys are finding problems

3230
02:02:10,880 --> 02:02:13,440
with your you know budget stuff like

3231
02:02:13,440 --> 02:02:14,800
please let me know I mean we can't

3232
02:02:14,800 --> 02:02:17,360
always impact that but we

3233
02:02:17,360 --> 02:02:19,119
I think we don't have a lot of success

3234
02:02:19,119 --> 02:02:20,639
impacting what goes into the governor's

3235
02:02:20,639 --> 02:02:22,320
budget, but we have more success if

3236
02:02:22,320 --> 02:02:23,679
there, you know, are things that maybe

3237
02:02:23,679 --> 02:02:25,360
got missed in the governor's budget and

3238
02:02:25,360 --> 02:02:26,880
you guys can't talk about them anymore,

3239
02:02:26,880 --> 02:02:27,360
but

3240
02:02:27,360 --> 02:02:27,760
>> Okay.

3241
02:02:27,760 --> 02:02:30,494
>> Governor can't fire me, so I can still

3242
02:02:30,494 --> 02:02:30,880
[laughter]

3243
02:02:30,880 --> 02:02:32,800
>> I like that our legislative finance

3244
02:02:32,800 --> 02:02:35,760
analyst, Lacy, is here too. So, she's

3245
02:02:35,760 --> 02:02:37,920
probably listening here. So, we will

3246
02:02:37,920 --> 02:02:39,679
continue that conversation. That's a

3247
02:02:39,679 --> 02:02:41,119
great offer. And thank you very much.

3248
02:02:41,119 --> 02:02:43,040
That is some place, those are, you know,

3249
02:02:43,040 --> 02:02:44,320
two different tracks where you could

3250
02:02:44,320 --> 02:02:46,639
really help us out a lot online. Yeah.

3251
02:02:46,639 --> 02:02:48,000
And you were joking that it's August.

3252
02:02:48,000 --> 02:02:49,199
It's too early to think about the

3253
02:02:49,199 --> 02:02:50,480
legislative session. Aren't you thinking

3254
02:02:50,480 --> 02:02:52,800
about the next legislative session? And

3255
02:02:52,800 --> 02:02:54,080
I think, you know, there's some work

3256
02:02:54,080 --> 02:02:56,719
about road mapping what a strategic plan

3257
02:02:56,719 --> 02:02:58,639
for mineral resources in Utah looks like

3258
02:02:58,639 --> 02:03:00,719
and kind of dovetailing how geological

3259
02:03:00,719 --> 02:03:02,239
research works with the mine center,

3260
02:03:02,239 --> 02:03:03,920
works with all the other initiatives.

3261
02:03:03,920 --> 02:03:06,400
And I think if we work on that, you

3262
02:03:06,400 --> 02:03:08,639
know, we're we're we're very lucky to be

3263
02:03:08,639 --> 02:03:10,159
well funded at the moment. We've had a

3264
02:03:10,159 --> 02:03:12,080
lot of luck with outside grants with no

3265
02:03:12,080 --> 02:03:14,400
match outside grants and trying to find

3266
02:03:14,400 --> 02:03:16,080
and you know we are still working out

3267
02:03:16,080 --> 02:03:19,199
the ends of the RFA but I think uh in

3268
02:03:19,199 --> 02:03:21,520
the next following session I think we

3269
02:03:21,520 --> 02:03:23,119
could maybe put forward some really bold

3270
02:03:23,119 --> 02:03:25,520
ideas about how to truly move the needle

3271
02:03:25,520 --> 02:03:27,760
on what's needed to attract investment

3272
02:03:27,760 --> 02:03:30,159
to the state. Do some big ideas

3273
02:03:30,159 --> 02:03:31,920
>> and and I think one more area is

3274
02:03:31,920 --> 02:03:33,440
EarthMRI

3275
02:03:33,440 --> 02:03:36,880
um is up for review at the federal

3276
02:03:36,880 --> 02:03:39,520
level. It's a really important program

3277
02:03:39,520 --> 02:03:41,840
for Utah. We're I think we're in a good

3278
02:03:41,840 --> 02:03:44,239
place with our fMRI, but for many other

3279
02:03:44,239 --> 02:03:46,320
states, it is a crucial piece of

3280
02:03:46,320 --> 02:03:49,360
collecting, you know, information over

3281
02:03:49,360 --> 02:03:51,360
wider areas. It really helps, you know,

3282
02:03:51,360 --> 02:03:54,719
kind of zero in on relevant areas um for

3283
02:03:54,719 --> 02:03:56,480
exploration and that kind of de-risking

3284
02:03:56,480 --> 02:03:58,480
piece of it. So, you'll hear about that

3285
02:03:58,480 --> 02:04:00,320
and, you know, you can help advocate for

3286
02:04:00,320 --> 02:04:02,080
that federal level. That's really

3287
02:04:02,080 --> 02:04:02,639
important.

3288
02:04:02,639 --> 02:04:04,239
>> Yeah. I mean, have you guys talked to

3289
02:04:04,239 --> 02:04:06,080
Congressman Malloyy's office about that?

3290
02:04:06,080 --> 02:04:08,159
I spoke with Malloy's office last week,

3291
02:04:08,159 --> 02:04:09,920
the one Utah sign. They had a couple of

3292
02:04:09,920 --> 02:04:11,440
coordinators there and they we ran

3293
02:04:11,440 --> 02:04:13,119
through the last five years of Earth MRI

3294
02:04:13,119 --> 02:04:15,920
projects for UGS and what we used them

3295
02:04:15,920 --> 02:04:17,679
for. So I I think they understood the

3296
02:04:17,679 --> 02:04:20,000
significance that we see that the

3297
02:04:20,000 --> 02:04:20,400
program.

3298
02:04:20,400 --> 02:04:21,599
>> Well, yeah, I'd love to coordinate on

3299
02:04:21,599 --> 02:04:22,880
that because we do a lot of work. I

3300
02:04:22,880 --> 02:04:24,080
mean, she's she's on material

3301
02:04:24,080 --> 02:04:25,920
appropriations and so I mean she

3302
02:04:25,920 --> 02:04:28,560
probably has the best um you know, the

3303
02:04:28,560 --> 02:04:31,119
best opportunity to affect that. Um, and

3304
02:04:31,119 --> 02:04:32,800
she's obviously, you know, she's the

3305
02:04:32,800 --> 02:04:34,960
daughter of a minor. So, I mean, she she

3306
02:04:34,960 --> 02:04:37,199
gets the importance of uh, you know,

3307
02:04:37,199 --> 02:04:38,719
this industry and and everything you

3308
02:04:38,719 --> 02:04:40,880
need to support it. So, I think you can

3309
02:04:40,880 --> 02:04:42,239
have some really good inroads there. And

3310
02:04:42,239 --> 02:04:43,840
again, we'd love to help, you know, just

3311
02:04:43,840 --> 02:04:46,239
sort of second whatever you pitch to

3312
02:04:46,239 --> 02:04:47,840
them.

3313
02:04:47,840 --> 02:04:49,679
Whatever you pitch to her office, again,

3314
02:04:49,679 --> 02:04:51,840
we do a lot of work with all our

3315
02:04:51,840 --> 02:04:53,440
delegation offices. if there's things

3316
02:04:53,440 --> 02:04:54,800
where we can be helpful there as well.

3317
02:04:54,800 --> 02:04:56,960
If there's you know federal issues that

3318
02:04:56,960 --> 02:04:59,760
you know we can just give a you know an

3319
02:04:59,760 --> 02:05:03,040
amen to as you guys are advocating there

3320
02:05:03,040 --> 02:05:05,520
potential doors open happy to help with

3321
02:05:05,520 --> 02:05:05,920
that.

3322
02:05:05,920 --> 02:05:07,199
>> Be excellent. I'm looking forward to

3323
02:05:07,199 --> 02:05:08,480
talking. I think we have a lot of ground

3324
02:05:08,480 --> 02:05:09,040
to cover.

3325
02:05:09,040 --> 02:05:11,199
>> Yeah. Mike's going to be in DC at the

3326
02:05:11,199 --> 02:05:12,880
end of next month. The American

3327
02:05:12,880 --> 02:05:15,599
Association of State Geologists has a

3328
02:05:15,599 --> 02:05:18,880
twice yearly legislative liaison, you

3329
02:05:18,880 --> 02:05:21,040
know, outing. And so Mike's going to be

3330
02:05:21,040 --> 02:05:22,880
out there actually for the Earth MRI

3331
02:05:22,880 --> 02:05:25,599
workshop. It's overlaps with AASG's

3332
02:05:25,599 --> 02:05:27,920
legislative leaison. So we're going to

3333
02:05:27,920 --> 02:05:29,599
hit up all of our congressional

3334
02:05:29,599 --> 02:05:32,320
representatives. Um so you know maybe a

3335
02:05:32,320 --> 02:05:33,760
letter of support or something somewhere

3336
02:05:33,760 --> 02:05:35,760
along the way from from your association

3337
02:05:35,760 --> 02:05:36,800
would be great.

3338
02:05:36,800 --> 02:05:38,000
>> Yeah, I'd love to do that.

3339
02:05:38,000 --> 02:05:40,080
>> Thank you board that when we talk about

3340
02:05:40,080 --> 02:05:41,920
EarthM there's there's funding that

3341
02:05:41,920 --> 02:05:43,840
comes directly to UGS which I think

3342
02:05:43,840 --> 02:05:47,280
would be in excess of 1 million

3343
02:05:47,280 --> 02:05:49,360
generally no match funding. So we've

3344
02:05:49,360 --> 02:05:50,800
brought in a lot of direct funding, but

3345
02:05:50,800 --> 02:05:53,840
also Earth MRI has led fed federal data

3346
02:05:53,840 --> 02:05:55,760
acquisitions over the state exceeding

3347
02:05:55,760 --> 02:05:58,159
$10 million worth of new data as far as

3348
02:05:58,159 --> 02:06:01,920
geoysics, LAR, hyperspectral. Um I know

3349
02:06:01,920 --> 02:06:03,440
I'm forgetting one other one. I can't

3350
02:06:03,440 --> 02:06:04,560
remember what the other one is. There's

3351
02:06:04,560 --> 02:06:06,560
actually a new Aeromag and a rod survey

3352
02:06:06,560 --> 02:06:08,000
that was just released over southwest

3353
02:06:08,000 --> 02:06:10,480
Utah. We'd like to go look at that. It's

3354
02:06:10,480 --> 02:06:12,560
called the iron access survey. So it's

3355
02:06:12,560 --> 02:06:13,119
great.

3356
02:06:13,119 --> 02:06:14,480
>> It's not just about the money that comes

3357
02:06:14,480 --> 02:06:16,800
into UGS specifically. It is about money

3358
02:06:16,800 --> 02:06:22,629
and data over Utah as a whole.

3359
02:06:22,639 --> 02:06:25,199
would say the the only small downside to

3360
02:06:25,199 --> 02:06:27,840
Earth MRI is it's very metals focused,

3361
02:06:27,840 --> 02:06:31,440
critical minerals focused and um talking

3362
02:06:31,440 --> 02:06:33,840
with Andrew Rupy, we're seeing the need

3363
02:06:33,840 --> 02:06:36,560
to look at more industrial minerals and

3364
02:06:36,560 --> 02:06:39,397
there's not a good source of funding to

3365
02:06:39,397 --> 02:06:40,400
[clears throat] study industrial

3366
02:06:40,400 --> 02:06:43,040
minerals and so Andrew and I have been

3367
02:06:43,040 --> 02:06:45,520
talking about that and trying to figure

3368
02:06:45,520 --> 02:06:47,599
out ways for maybe the state to get more

3369
02:06:47,599 --> 02:06:50,480
involved in funding minerals or this

3370
02:06:50,480 --> 02:06:56,629
aggregate although

3371
02:06:56,639 --> 02:06:58,880
Have you uh I mean has there been any

3372
02:06:58,880 --> 02:07:01,599
discussion with USGS about you know sort

3373
02:07:01,599 --> 02:07:03,599
of shifting some of these things to be

3374
02:07:03,599 --> 02:07:05,920
more critical mineral focus versus just

3375
02:07:05,920 --> 02:07:08,079
kind of hard rock I mean there's

3376
02:07:08,079 --> 02:07:10,000
obviously a lot I mean

3377
02:07:10,000 --> 02:07:11,360
>> and other things aren't on there but I

3378
02:07:11,360 --> 02:07:13,679
mean you know potsh and some of the

3379
02:07:13,679 --> 02:07:15,280
other industrial minerals

3380
02:07:15,280 --> 02:07:18,159
>> you could do pot [laughter]

3381
02:07:18,159 --> 02:07:21,360
>> yeah so it it is explicit to critical is

3382
02:07:21,360 --> 02:07:23,119
critical It's not limited to hard rock

3383
02:07:23,119 --> 02:07:24,800
resources and Andrew's done several

3384
02:07:24,800 --> 02:07:28,079
studies on um phosphate

3385
02:07:28,079 --> 02:07:30,480
>> uh I think that was the major

3386
02:07:30,480 --> 02:07:31,520
>> phosphate

3387
02:07:31,520 --> 02:07:33,599
>> chlorine yeah

3388
02:07:33,599 --> 02:07:36,000
>> but yeah we're thinking more about

3389
02:07:36,000 --> 02:07:39,280
aggregates a lot things that fall

3390
02:07:39,280 --> 02:07:41,840
outside the realm of earth we're having

3391
02:07:41,840 --> 02:07:43,679
more trouble finding

3392
02:07:43,679 --> 02:07:45,520
>> yeah and their mineral resources program

3393
02:07:45,520 --> 02:07:47,760
from the USGS like Sarah Rker she was

3394
02:07:47,760 --> 02:07:51,119
starting to make noise in that

3395
02:07:51,119 --> 02:07:54,159
two years ago, but then I think was just

3396
02:07:54,159 --> 02:07:56,320
that yeah, things went crazy. So I don't

3397
02:07:56,320 --> 02:07:58,159
I would

3398
02:07:58,159 --> 02:08:00,400
>> we'll be having those conversations with

3399
02:08:00,400 --> 02:08:04,079
USGS about pushing Earth more into

3400
02:08:04,079 --> 02:08:06,639
desert minerals, but we'll see where it

3401
02:08:06,639 --> 02:08:08,159
goes.

3402
02:08:08,159 --> 02:08:10,159
>> Yeah. And I mean the the aggregate stuff

3403
02:08:10,159 --> 02:08:12,320
is a little tricky on the state side

3404
02:08:12,320 --> 02:08:14,079
just because I mean you know they're

3405
02:08:14,079 --> 02:08:15,760
obviously they're I don't have any

3406
02:08:15,760 --> 02:08:18,480
aggregate members. um you know they

3407
02:08:18,480 --> 02:08:20,000
because they're regulated a little bit

3408
02:08:20,000 --> 02:08:21,679
differently they haven't traditionally

3409
02:08:21,679 --> 02:08:23,280
been part of the mining association they

3410
02:08:23,280 --> 02:08:25,920
have kind of their own coalition

3411
02:08:25,920 --> 02:08:28,000
>> um so yeah I don't have any of the

3412
02:08:28,000 --> 02:08:29,840
aggregate producers and one of the

3413
02:08:29,840 --> 02:08:32,719
challenges we have honestly is that

3414
02:08:32,719 --> 02:08:34,560
>> I mean politically like they'll the

3415
02:08:34,560 --> 02:08:36,400
aggregate producers kind of try and do

3416
02:08:36,400 --> 02:08:37,840
things for themselves and then mining

3417
02:08:37,840 --> 02:08:39,360
gets you know traditional mining gets

3418
02:08:39,360 --> 02:08:41,679
sucked into it and sometimes that's fine

3419
02:08:41,679 --> 02:08:43,599
and other times we have to kind of like

3420
02:08:43,599 --> 02:08:45,440
you know say hey you guys do your thing

3421
02:08:45,440 --> 02:08:46,560
over here and we're going to do our

3422
02:08:46,560 --> 02:08:49,440
thing over year. So, um I mean that's

3423
02:08:49,440 --> 02:08:50,880
another thing I think over the next few

3424
02:08:50,880 --> 02:08:52,239
years we'll probably have to have those

3425
02:08:52,239 --> 02:08:53,920
conversations as to whether aggregate

3426
02:08:53,920 --> 02:08:55,920
needs to be, you know, brought it under

3427
02:08:55,920 --> 02:08:58,800
kind of full state control. Um but I

3428
02:08:58,800 --> 02:09:00,400
mean right now they kind of like their

3429
02:09:00,400 --> 02:09:02,000
weird little, you know, we have some

3430
02:09:02,000 --> 02:09:04,719
state stuff and some local stuff and you

3431
02:09:04,719 --> 02:09:06,560
know, I don't know. I just I don't know

3432
02:09:06,560 --> 02:09:09,040
if that's sustainable long term, but and

3433
02:09:09,040 --> 02:09:10,320
we're going to have another fight this

3434
02:09:10,320 --> 02:09:12,079
year at Balon. Actually, I don't know if

3435
02:09:12,079 --> 02:09:13,760
you guys heard about that. The whole

3436
02:09:13,760 --> 02:09:16,639
Daniels Canyon thing that's happening.

3437
02:09:16,639 --> 02:09:18,159
um like there's going to be a bill run

3438
02:09:18,159 --> 02:09:20,000
on that that you know basically goes

3439
02:09:20,000 --> 02:09:21,840
back and looks at that geological trend

3440
02:09:21,840 --> 02:09:24,400
language that we have

3441
02:09:24,400 --> 02:09:26,480
that's that's how they're justifying

3442
02:09:26,480 --> 02:09:28,159
that that mind and I mean it's

3443
02:09:28,159 --> 02:09:30,560
incredibly controversial and not just

3444
02:09:30,560 --> 02:09:32,159
you know in that community but I mean

3445
02:09:32,159 --> 02:09:34,079
frankly in the industry because I've had

3446
02:09:34,079 --> 02:09:36,320
conversations with my counterparts on

3447
02:09:36,320 --> 02:09:37,840
the aggregate side and I mean they don't

3448
02:09:37,840 --> 02:09:40,000
like it either but we've got to make

3449
02:09:40,000 --> 02:09:41,199
sure that we figure out the right

3450
02:09:41,199 --> 02:09:43,840
language to say okay you know how do we

3451
02:09:43,840 --> 02:09:45,360
you know preserve the intent of this

3452
02:09:45,360 --> 02:09:47,360
which is that you know you can follow

3453
02:09:47,360 --> 02:09:49,119
those geological trends if you're you

3454
02:09:49,119 --> 02:09:51,199
know chasing a gold vein or whatever the

3455
02:09:51,199 --> 02:09:53,199
case is but this doesn't mean that if

3456
02:09:53,199 --> 02:09:55,840
you you know have a mine in in you know

3457
02:09:55,840 --> 02:09:58,320
Janola that you can then have a mine you

3458
02:09:58,320 --> 02:10:01,040
know in peeper because it's the same

3459
02:10:01,040 --> 02:10:03,599
geological trend. It's like yeah I don't

3460
02:10:03,599 --> 02:10:05,119
know that that was really the intent of

3461
02:10:05,119 --> 02:10:07,520
that that statue when it was you know

3462
02:10:07,520 --> 02:10:09,040
created however many years ago that it

3463
02:10:09,040 --> 02:10:11,119
was created. So, but we also want to

3464
02:10:11,119 --> 02:10:12,560
make sure that it's, you know, you guys

3465
02:10:12,560 --> 02:10:14,400
are helping to advise on that and we,

3466
02:10:14,400 --> 02:10:16,320
you know, preserve as much of the

3467
02:10:16,320 --> 02:10:18,079
functionality of that as we can, but

3468
02:10:18,079 --> 02:10:20,960
also don't allow someone to say, "Hey,

3469
02:10:20,960 --> 02:10:23,360
you know, you know, limestone is

3470
02:10:23,360 --> 02:10:25,760
limestone, so I can open one."

3471
02:10:25,760 --> 02:10:28,000
>> Right. I appreciate hearing your

3472
02:10:28,000 --> 02:10:30,880
sensibility about that and offer to kind

3473
02:10:30,880 --> 02:10:33,760
of collaborate on tweaking that so that

3474
02:10:33,760 --> 02:10:36,000
it is appropriate

3475
02:10:36,000 --> 02:10:39,679
>> for your industry as well. So, and this

3476
02:10:39,679 --> 02:10:41,040
again something where we kind of get

3477
02:10:41,040 --> 02:10:42,880
dragged into it and we don't want to see

3478
02:10:42,880 --> 02:10:45,840
you know the that that benefit for our

3479
02:10:45,840 --> 02:10:47,920
industry go away but you know I clearly

3480
02:10:47,920 --> 02:10:49,280
I think this is something that most

3481
02:10:49,280 --> 02:10:50,960
people can agree is an abuse that

3482
02:10:50,960 --> 02:10:52,719
statute and so we need to figure out how

3483
02:10:52,719 --> 02:10:56,480
to re that in without you know without

3484
02:10:56,480 --> 02:10:59,840
taking away a benefit for people that

3485
02:10:59,840 --> 02:11:01,280
want to use it the way it was intended

3486
02:11:01,280 --> 02:11:02,400
to be used. So

3487
02:11:02,400 --> 02:11:03,920
>> maybe that's something we can get ahead

3488
02:11:03,920 --> 02:11:09,520
of prior to legislative session. We're we're trying we actually have a um

3489
02:11:09,520 --> 02:11:10,880
we're going to be putting a meeting

3490
02:11:10,880 --> 02:11:12,000
together with

3491
02:11:12,000 --> 02:11:13,199
>> Okay.

3492
02:11:13,199 --> 02:11:14,719
>> Well, we don't know exactly who the bill

3493
02:11:14,719 --> 02:11:16,239
sponsor is going to be at this point.

3494
02:11:16,239 --> 02:11:18,480
So, um but once we figure that out,

3495
02:11:18,480 --> 02:11:21,119
we'll we'll get everybody together and

3496
02:11:21,119 --> 02:11:22,159
talk through it. So,

3497
02:11:22,159 --> 02:11:24,639
>> okay. Yeah, we're happy to contribute to

3498
02:11:24,639 --> 02:11:26,159
that. We did just have something kind of

3499
02:11:26,159 --> 02:11:28,239
passed through our office around that.

3500
02:11:28,239 --> 02:11:31,199
So, we've got thoughts and can can

3501
02:11:31,199 --> 02:11:33,840
contribute to that. So, all right. Thank

3502
02:11:33,840 --> 02:11:35,280
you.

3503
02:11:35,280 --> 02:11:36,480
Okay. Well, thank you guys.

3504
02:11:36,480 --> 02:11:38,639
>> We turned Brian loose. Thank you so much

3505
02:11:38,639 --> 02:11:40,320
for your time today. It's really great

3506
02:11:40,320 --> 02:11:43,360
to have you here. Really appreciate you.

3507
02:11:43,360 --> 02:11:46,400
>> Thank you.

3508
02:11:46,400 --> 02:11:48,560
>> Why don't we take a break again and I'll

3509
02:11:48,560 --> 02:11:51,280
get our uh the rest of our board meeting

3510
02:11:51,280 --> 02:11:53,119
teed up. We're going to do financials

3511
02:11:53,119 --> 02:11:59,031
next. So, we've got manager

3512
02:11:59,041 --> 02:28:33,670
[laughter]

3513
02:28:33,680 --> 02:28:35,920
Okay, so we're back on the record

3514
02:28:35,920 --> 02:28:38,800
everyone. So at this point in our

3515
02:28:38,800 --> 02:28:41,920
agenda, we'll move to our next item

3516
02:28:41,920 --> 02:28:45,040
which is a financial update. So, uh, we

3517
02:28:45,040 --> 02:28:48,000
close our year end at the end of June

3518
02:28:48,000 --> 02:28:52,399
and begin our next fiscal year. Um, this

3519
02:28:52,399 --> 02:28:54,800
is the time when our relatively new

3520
02:28:54,800 --> 02:28:58,080
finance manager, Win Seymour, um, who's

3521
02:28:58,080 --> 02:29:00,319
wasn't previously with the state, got to

3522
02:29:00,319 --> 02:29:03,680
run through her first closeout,

3523
02:29:03,680 --> 02:29:07,040
um, looking back at our annual, um, at

3524
02:29:07,040 --> 02:29:09,280
everything over the year. and she's run

3525
02:29:09,280 --> 02:29:11,359
a great report for you guys about where

3526
02:29:11,359 --> 02:29:14,240
we stand um at the end of this fiscal

3527
02:29:14,240 --> 02:29:17,760
year and how that te's us up for success

3528
02:29:17,760 --> 02:29:21,439
for fiscal year 27. Um I just want to

3529
02:29:21,439 --> 02:29:23,680
really hand a huge compliment to win.

3530
02:29:23,680 --> 02:29:26,640
She's been a terrific asset for us. She

3531
02:29:26,640 --> 02:29:29,280
was an amazing interview. Um and I think

3532
02:29:29,280 --> 02:29:31,280
we're lucky to have her in UG. She's

3533
02:29:31,280 --> 02:29:32,960
been a great asset to me and to our

3534
02:29:32,960 --> 02:29:36,160
leadership team as is. Ben Zelin is

3535
02:29:36,160 --> 02:29:37,760
gonna follow up with that with kind of a

3536
02:29:37,760 --> 02:29:40,560
look on the contracts and sort of how we

3537
02:29:40,560 --> 02:29:42,720
get our revenue and manage that side.

3538
02:29:42,720 --> 02:29:44,399
But I'm gonna turn it over to W who's

3539
02:29:44,399 --> 02:29:46,640
got a great story to tell you here. Let

3540
02:29:46,640 --> 02:29:47,920
me make that slide.

3541
02:29:47,920 --> 02:29:50,160
>> Perfect.

3542
02:29:50,160 --> 02:29:55,680
>> So if you all recall back in April, um

3543
02:29:55,680 --> 02:29:57,600
so just internal agenda, I'm going to

3544
02:29:57,600 --> 02:29:59,760
walk through just a refresher on the

3545
02:29:59,760 --> 02:30:02,160
funding architecture. So everybody have

3546
02:30:02,160 --> 02:30:05,359
a sense of our funding source and then

3547
02:30:05,359 --> 02:30:08,160
we'll go over the expenditures, our

3548
02:30:08,160 --> 02:30:11,280
fiveyear trend. Um we'll go over our

3549
02:30:11,280 --> 02:30:15,600
carry forward and then our FY27 outlook.

3550
02:30:15,600 --> 02:30:20,240
So if you was here in April, we kind of

3551
02:30:20,240 --> 02:30:22,399
tell a story of where our money come

3552
02:30:22,399 --> 02:30:25,600
from for UGS. Uh we have general fund

3553
02:30:25,600 --> 02:30:30,240
which is 50% of our um funding and then

3554
02:30:30,240 --> 02:30:32,319
we have restricted account. These are

3555
02:30:32,319 --> 02:30:35,840
the money that come from the federal

3556
02:30:35,840 --> 02:30:41,600
lease, the um um my occupation tax um

3557
02:30:41,600 --> 02:30:45,359
and uh our interest income from that and

3558
02:30:45,359 --> 02:30:48,160
then our we have so have a small

3559
02:30:48,160 --> 02:30:51,439
component of land exchange distribution

3560
02:30:51,439 --> 02:30:54,080
account that contributes our restricted

3561
02:30:54,080 --> 02:30:56,800
account. Um and then the outside

3562
02:30:56,800 --> 02:30:59,840
funding. These are the great work that

3563
02:30:59,840 --> 02:31:02,479
uh the grant the federal grant that you

3564
02:31:02,479 --> 02:31:05,439
saw we talk about the private entity

3565
02:31:05,439 --> 02:31:07,920
come in and give us the funding to do

3566
02:31:07,920 --> 02:31:10,720
our work. So

3567
02:31:10,720 --> 02:31:15,920
on the restricted account obviously the risk that we always monitoring

3568
02:31:15,920 --> 02:31:21,990
within UG

3569
02:31:22,000 --> 02:31:24,000
matching up with the appropriation that

3570
02:31:24,000 --> 02:31:25,760
was given to us. So this is something

3571
02:31:25,760 --> 02:31:29,359
that we con constantly are monitoring

3572
02:31:29,359 --> 02:31:33,120
the outside funding. We every year get a

3573
02:31:33,120 --> 02:31:35,120
appropriation which is a max authority

3574
02:31:35,120 --> 02:31:38,160
that we can go out and collect um based

3575
02:31:38,160 --> 02:31:42,880
on the forecast of the work that our

3576
02:31:42,880 --> 02:31:45,600
program manager put together. Uh but the

3577
02:31:45,600 --> 02:31:48,080
actual earning and collections is based

3578
02:31:48,080 --> 02:31:51,040
on the delivery that we are able to

3579
02:31:51,040 --> 02:31:53,760
accomplish for the years. Um so that

3580
02:31:53,760 --> 02:31:56,800
very much dependent on the capacity the

3581
02:31:56,800 --> 02:31:59,040
bandwidth the staff have to be able to

3582
02:31:59,040 --> 02:32:02,960
deliver. So this year's FY26

3583
02:32:02,960 --> 02:32:06,479
as um Darene mentions our fiscal year

3584
02:32:06,479 --> 02:32:10,880
start July 1st 2025 and it ended June

3585
02:32:10,880 --> 02:32:15,920
30th 2026. So FY26 where we landed in

3586
02:32:15,920 --> 02:32:24,319
term of the um the um funding source we have 8.9

3587
02:32:24,319 --> 02:32:27,680
million from general um that captures

3588
02:32:27,680 --> 02:32:30,240
our general fund our general fund one

3589
02:32:30,240 --> 02:32:32,319
time as well our building block the

3590
02:32:32,319 --> 02:32:35,120
geothermal that you all heard of that

3591
02:32:35,120 --> 02:32:38,240
run multiple years and then the

3592
02:32:38,240 --> 02:32:42,800
restricted account we have 3.29 29

3593
02:32:42,800 --> 02:32:45,359
million in restricted account and then

3594
02:32:45,359 --> 02:32:49,760
outside funding which is 5.51

3595
02:32:49,760 --> 02:32:53,359
uh represent 31% of our funding source.

3596
02:32:53,359 --> 02:32:55,120
Want to pause for a minute here because

3597
02:32:55,120 --> 02:32:57,040
that 5.51

3598
02:32:57,040 --> 02:33:01,520
represent um the 2.53

3599
02:33:01,520 --> 02:33:05,120
chamfer which is the work that we do in

3600
02:33:05,120 --> 02:33:06,640
collaboration

3601
02:33:06,640 --> 02:33:09,680
with our brother or sister agency and

3602
02:33:09,680 --> 02:33:12,960
then the federal grant 2.26 million

3603
02:33:12,960 --> 02:33:15,760
those number those two number are the

3604
02:33:15,760 --> 02:33:19,600
highest realization rate ever in UG

3605
02:33:19,600 --> 02:33:24,160
history. So um a moment of celebration

3606
02:33:24,160 --> 02:33:27,520
here um with the general restricted and

3607
02:33:27,520 --> 02:33:29,840
outside funding that bring our total

3608
02:33:29,840 --> 02:33:34,560
available funding to 17.74 million and

3609
02:33:34,560 --> 02:33:36,880
then how we spend that money. We're

3610
02:33:36,880 --> 02:33:39,760
going to show you our expenditures over

3611
02:33:39,760 --> 02:33:41,760
the last five years so that you can see

3612
02:33:41,760 --> 02:33:44,720
the trend. So

3613
02:33:44,720 --> 02:33:47,280
uh here over the last five years you

3614
02:33:47,280 --> 02:33:50,399
will see that our uh financial footprint

3615
02:33:50,399 --> 02:33:55,280
has expanded uh from 9.49 million to

3616
02:33:55,280 --> 02:33:56,800
15.24

3617
02:33:56,800 --> 02:33:58,640
million

3618
02:33:58,640 --> 02:34:01,520
personnel is our core asset. people our

3619
02:34:01,520 --> 02:34:07,040
core asset um this year's in FY26 that

3620
02:34:07,040 --> 02:34:10,800
blue component as you can see

3621
02:34:10,800 --> 02:34:14,160
um represents 73% of our expenditures

3622
02:34:14,160 --> 02:34:16,960
and if you look at the expenditures for

3623
02:34:16,960 --> 02:34:18,880
personnel you'll see that over the past

3624
02:34:18,880 --> 02:34:22,399
five years we have every year year over

3625
02:34:22,399 --> 02:34:26,319
year keep growing but in FY26

3626
02:34:26,319 --> 02:34:29,439
um we intentionally

3627
02:34:29,439 --> 02:34:32,800
try to put a pause and take a look at

3628
02:34:32,800 --> 02:34:35,520
our workforce as a whole and kind of

3629
02:34:35,520 --> 02:34:40,560
assess whether we have the bandwidth or

3630
02:34:40,560 --> 02:34:43,840
the funding to keep growing and what the

3631
02:34:43,840 --> 02:34:46,640
work should look like. Um so as you can

3632
02:34:46,640 --> 02:34:50,800
see that component did not grow from

3633
02:34:50,800 --> 02:34:54,319
2025 to 2026 and actually in the next

3634
02:34:54,319 --> 02:34:56,560
slide you'll see that we kind of pick a

3635
02:34:56,560 --> 02:34:59,040
little dip when it comes to personnel

3636
02:34:59,040 --> 02:35:01,359
and that was an intentional decisions

3637
02:35:01,359 --> 02:35:05,680
that we make. Um and now as we assess

3638
02:35:05,680 --> 02:35:08,560
the workload, the amount of grand work

3639
02:35:08,560 --> 02:35:12,240
that we receive and we see that there is

3640
02:35:12,240 --> 02:35:14,960
enough work um we then make the decision

3641
02:35:14,960 --> 02:35:17,840
to hire and as you see those um new

3642
02:35:17,840 --> 02:35:20,080
personnel that we just saw at the

3643
02:35:20,080 --> 02:35:22,000
beginning of the meeting. The second

3644
02:35:22,000 --> 02:35:24,880
thing that will jump out in here you'll

3645
02:35:24,880 --> 02:35:28,080
see is the pass through amount. uh

3646
02:35:28,080 --> 02:35:30,319
because of the complexity of the work

3647
02:35:30,319 --> 02:35:33,439
the grant that was written uh requires

3648
02:35:33,439 --> 02:35:37,359
to partner with other entity. Um I think

3649
02:35:37,359 --> 02:35:39,840
mice is gone but he could speak to

3650
02:35:39,840 --> 02:35:43,840
certain project that uh requires to

3651
02:35:43,840 --> 02:35:47,040
partner with other um entity and that's

3652
02:35:47,040 --> 02:35:50,080
why that number increase compared with

3653
02:35:50,080 --> 02:35:54,880
previous years. So in summary, the

3654
02:35:54,880 --> 02:35:57,760
expenditures the primary driver for us

3655
02:35:57,760 --> 02:36:00,560
uh for this year's is a building block

3656
02:36:00,560 --> 02:36:02,800
funding that we've got for geothermal

3657
02:36:02,800 --> 02:36:06,560
that run multiple years as well as our

3658
02:36:06,560 --> 02:36:09,840
um record captures in federal fund and

3659
02:36:09,840 --> 02:36:11,680
the work that we perform in

3660
02:36:11,680 --> 02:36:13,840
collaborations with our sister and

3661
02:36:13,840 --> 02:36:16,880
brother agency. And when before you want

3662
02:36:16,880 --> 02:36:18,560
before you change the slide, I want to

3663
02:36:18,560 --> 02:36:20,880
point something out, especially because

3664
02:36:20,880 --> 02:36:23,280
Lacy is here. She's our legislative

3665
02:36:23,280 --> 02:36:25,600
finance officer. I want to point out

3666
02:36:25,600 --> 02:36:30,640
that all of this growth in funding

3667
02:36:30,640 --> 02:36:32,720
has happened without asking the

3668
02:36:32,720 --> 02:36:35,200
legislature for an adjustment to our

3669
02:36:35,200 --> 02:36:37,600
general fund. Right? So the staffing

3670
02:36:37,600 --> 02:36:40,800
growth that we've had, the way we deploy

3671
02:36:40,800 --> 02:36:45,439
our general funds to um you know secure

3672
02:36:45,439 --> 02:36:48,000
match funding for grants, the hiring

3673
02:36:48,000 --> 02:36:50,880
that we've done, this growth is is

3674
02:36:50,880 --> 02:36:53,520
related to transfer funds with other

3675
02:36:53,520 --> 02:36:56,800
agencies with external funding and with

3676
02:36:56,800 --> 02:36:59,359
building blocks. So specific, you know,

3677
02:36:59,359 --> 02:37:03,760
line item type things. So just keep that

3678
02:37:03,760 --> 02:37:06,240
in mind as we talk about our overall

3679
02:37:06,240 --> 02:37:08,479
staff numbers.

3680
02:37:08,479 --> 02:37:10,160
>> Yeah, I might just step back and I just

3681
02:37:10,160 --> 02:37:12,720
mentioned that the work uh for certain

3682
02:37:12,720 --> 02:37:16,240
program require us as we prepare the

3683
02:37:16,240 --> 02:37:19,680
grant to collaborate with other outside

3684
02:37:19,680 --> 02:37:22,960
um entity to deliver that and Mike can

3685
02:37:22,960 --> 02:37:26,560
speak to some of that. Um I think UBML

3686
02:37:26,560 --> 02:37:29,120
is one of example that you could tell

3687
02:37:29,120 --> 02:37:32,399
the board on the work that we partner

3688
02:37:32,399 --> 02:37:35,760
with other entity to deliver.

3689
02:37:35,760 --> 02:37:39,600
>> Yeah, that project is our bathtric light

3690
02:37:39,600 --> 02:37:41,359
project

3691
02:37:41,359 --> 02:37:44,560
and we had initially put in a building

3692
02:37:44,560 --> 02:37:48,720
block. Um the legislature decided to

3693
02:37:48,720 --> 02:37:50,960
take the funds from forest fire state

3694
02:37:50,960 --> 02:37:53,040
lands restricted account which was fine

3695
02:37:53,040 --> 02:37:56,479
with us and so it's a partnership

3696
02:37:56,479 --> 02:37:59,680
between us forest fire state lands to

3697
02:37:59,680 --> 02:38:01,200
collect

3698
02:38:01,200 --> 02:38:05,200
our data out lake which is similar to

3699
02:38:05,200 --> 02:38:08,240
but it laser penetrates the water column

3700
02:38:08,240 --> 02:38:11,280
and gives you high resolution rendering

3701
02:38:11,280 --> 02:38:14,080
of the floor of the lake and gives us

3702
02:38:14,080 --> 02:38:17,670
better elevation models.

3703
02:38:17,680 --> 02:38:18,560
million dollar

3704
02:38:18,560 --> 02:38:22,399
>> $1.8 million the data collection is

3705
02:38:22,399 --> 02:38:25,120
about 1.6 six and we carved off about

3706
02:38:25,120 --> 02:38:28,560
200k per second.

3707
02:38:28,560 --> 02:38:30,720
>> Darling, would it be fair that you know

3708
02:38:30,720 --> 02:38:34,240
from 2022 to now, but the growth has

3709
02:38:34,240 --> 02:38:35,120
been?

3710
02:38:35,120 --> 02:38:38,399
>> So, some of that growth was driven by um

3711
02:38:38,399 --> 02:38:40,960
like uh bumping up staff to manage data

3712
02:38:40,960 --> 02:38:43,120
preservation grant I think is probably a

3713
02:38:43,120 --> 02:38:46,640
big one. Um where else did we grow

3714
02:38:46,640 --> 02:38:48,080
>> the water program? We had a lot of

3715
02:38:48,080 --> 02:38:48,560
growth.

3716
02:38:48,560 --> 02:38:49,520
>> We had a lot of growth in our

3717
02:38:49,520 --> 02:38:51,520
groundwater wetlands program. Yeah,

3718
02:38:51,520 --> 02:38:53,040
we've we've grown that groundwater

3719
02:38:53,040 --> 02:38:55,920
wetlands work a lot and staff a lot and

3720
02:38:55,920 --> 02:38:57,520
again that's because that is what's

3721
02:38:57,520 --> 02:38:59,600
being asked from us from our state

3722
02:38:59,600 --> 02:39:01,920
partners right forestry far state lands

3723
02:39:01,920 --> 02:39:04,880
right as the attention to water deficits

3724
02:39:04,880 --> 02:39:06,560
in Utah and the great salt lake have

3725
02:39:06,560 --> 02:39:09,520
become more and more kind of a prevalent

3726
02:39:09,520 --> 02:39:12,960
um you know driver and need for our work

3727
02:39:12,960 --> 02:39:15,200
um we have grown our energy and minerals

3728
02:39:15,200 --> 02:39:18,960
team as well um so but again you know

3729
02:39:18,960 --> 02:39:22,800
when I came on you groups for the CCUS

3730
02:39:22,800 --> 02:39:25,600
and then the hydrothermal programs as

3731
02:39:25,600 --> 02:39:28,240
well as the critical me stuff that the

3732
02:39:28,240 --> 02:39:29,680
>> the legislaturator is asking you to do

3733
02:39:29,680 --> 02:39:30,880
anyway.

3734
02:39:30,880 --> 02:39:34,880
>> Yes. Right. And yes, it is right and

3735
02:39:34,880 --> 02:39:36,479
there's a lot of external funding for

3736
02:39:36,479 --> 02:39:38,560
that. Right. So, it's partly like what

3737
02:39:38,560 --> 02:39:40,160
is the state asking us to do? Where are

3738
02:39:40,160 --> 02:39:42,560
their funding opportunities externally,

3739
02:39:42,560 --> 02:39:45,359
especially from DOE and DOI that'll help

3740
02:39:45,359 --> 02:39:47,840
us get that work done? So we're we're

3741
02:39:47,840 --> 02:39:50,000
bringing in you know federal money to

3742
02:39:50,000 --> 02:39:52,240
help achieve that as well as being

3743
02:39:52,240 --> 02:39:54,160
responsive to forestry fire and state

3744
02:39:54,160 --> 02:39:56,800
lands to the division of water rights as

3745
02:39:56,800 --> 02:39:59,200
they've asked us to do basin you know

3746
02:39:59,200 --> 02:40:01,359
groundwater basin water balances across

3747
02:40:01,359 --> 02:40:03,120
the state for communities that are

3748
02:40:03,120 --> 02:40:05,600
experiencing water stress um trying to

3749
02:40:05,600 --> 02:40:08,880
help sit right with with mapping on on

3750
02:40:08,880 --> 02:40:11,120
lands that have potential you know lease

3751
02:40:11,120 --> 02:40:14,640
opportunities. So when I came on, you

3752
02:40:14,640 --> 02:40:17,520
know, I looked at our staffing numbers

3753
02:40:17,520 --> 02:40:21,040
and our mission focus and really just

3754
02:40:21,040 --> 02:40:24,720
tried to align our staffing with what

3755
02:40:24,720 --> 02:40:27,520
our mission needs to be, right? So we

3756
02:40:27,520 --> 02:40:32,399
had some attrition in 2024 and 2025. I

3757
02:40:32,399 --> 02:40:34,640
kind of let that attrition happen. We

3758
02:40:34,640 --> 02:40:37,439
just held our staffing, called it

3759
02:40:37,439 --> 02:40:40,399
measure and monitor mode. Right? where

3760
02:40:40,399 --> 02:40:42,319
are we at with our staffing and I'm

3761
02:40:42,319 --> 02:40:44,000
still looking at rebalancing our

3762
02:40:44,000 --> 02:40:46,399
staffing portfolio a little bit. I think

3763
02:40:46,399 --> 02:40:48,800
there's some opportunities to do that.

3764
02:40:48,800 --> 02:40:51,520
Um so you'll see a few changes. You

3765
02:40:51,520 --> 02:40:53,920
know, we've brought on to be able to

3766
02:40:53,920 --> 02:40:56,800
bring on four scientists I think says a

3767
02:40:56,800 --> 02:41:00,399
lot about how healthy our budget is. And

3768
02:41:00,399 --> 02:41:02,560
again, that was done with a lot of

3769
02:41:02,560 --> 02:41:05,920
thought, with a lot of number crunching,

3770
02:41:05,920 --> 02:41:07,920
um, and you know, making sure that we

3771
02:41:07,920 --> 02:41:11,200
can support that down the road. Mike,

3772
02:41:11,200 --> 02:41:13,280
>> part of that increase in personnel costs

3773
02:41:13,280 --> 02:41:17,200
from 2022 to 24 were pretty massive

3774
02:41:17,200 --> 02:41:19,280
targeted salary increases for

3775
02:41:19,280 --> 02:41:22,080
geologists. uh two years in a row the

3776
02:41:22,080 --> 02:41:24,240
legislator

3777
02:41:24,240 --> 02:41:27,600
uh did studies looking at comparability

3778
02:41:27,600 --> 02:41:30,000
of what we get paid versus private

3779
02:41:30,000 --> 02:41:32,720
industry and there were

3780
02:41:32,720 --> 02:41:33,359
10% [snorts]

3781
02:41:33,359 --> 02:41:36,080
raises 20% raises there was significant

3782
02:41:36,080 --> 02:41:39,520
raises to level up our salaries compared

3783
02:41:39,520 --> 02:41:42,080
to outside

3784
02:41:42,080 --> 02:41:44,640
so a lot of that is we're not adding

3785
02:41:44,640 --> 02:41:46,160
people but people are getting paid

3786
02:41:46,160 --> 02:41:46,560
better

3787
02:41:46,560 --> 02:41:48,080
>> they're getting paid more yeah that that

3788
02:41:48,080 --> 02:41:50,319
was like that was like a step change or

3789
02:41:50,319 --> 02:41:52,240
staff costs are somewhere it depends on

3790
02:41:52,240 --> 02:41:54,080
the position and the person but up to

3791
02:41:54,080 --> 02:41:56,960
like 30% really over those couple years.

3792
02:41:56,960 --> 02:41:57,280
>> Wow.

3793
02:41:57,280 --> 02:41:59,656
>> This time scale I believe represents

3794
02:41:59,656 --> 02:42:01,040
[clears throat] growth from about 80 to

3795
02:42:01,040 --> 02:42:04,800
95 employees. So we did add bodies as

3796
02:42:04,800 --> 02:42:05,120
well.

3797
02:42:05,120 --> 02:42:09,200
>> Yeah, we did for sure. But there's a not trivial component of

3798
02:42:09,200 --> 02:42:11,680
changes in mortgages that were they

3799
02:42:11,680 --> 02:42:13,760
occurred as two different step changes

3800
02:42:13,760 --> 02:42:15,040
>> and we're trying to be really careful

3801
02:42:15,040 --> 02:42:16,800
about that right now. You know there's a

3802
02:42:16,800 --> 02:42:19,120
big affordability question happening.

3803
02:42:19,120 --> 02:42:20,479
you know, we're we're trying to help

3804
02:42:20,479 --> 02:42:21,520
people out. We're looking at

3805
02:42:21,520 --> 02:42:24,080
opportunities to to promote staff. But

3806
02:42:24,080 --> 02:42:25,760
again, you know, you can't just give

3807
02:42:25,760 --> 02:42:27,760
everybody a 10% raise when your

3808
02:42:27,760 --> 02:42:29,760
personnel costs are, you know, $1

3809
02:42:29,760 --> 02:42:30,560
million,

3810
02:42:30,560 --> 02:42:34,000
>> right? I do want to echo what both Mike

3811
02:42:34,000 --> 02:42:36,560
and Stephan brought in because if you

3812
02:42:36,560 --> 02:42:39,680
see the headcount world, um the number

3813
02:42:39,680 --> 02:42:42,080
didn't change so much drastically from

3814
02:42:42,080 --> 02:42:45,200
2022 to 2026.

3815
02:42:45,200 --> 02:42:48,640
Um cuz it's [clears throat] 62 and 62

3816
02:42:48,640 --> 02:42:53,040
right on at the B level schedule B and

3817
02:42:53,040 --> 02:42:54,640
then everything else kind of constant

3818
02:42:54,640 --> 02:42:56,880
but that jump that you saw from the

3819
02:42:56,880 --> 02:42:59,760
previous slide was pretty significant

3820
02:42:59,760 --> 02:43:01,520
and that kind of

3821
02:43:01,520 --> 02:43:05,600
>> B your G right

3822
02:43:05,600 --> 02:43:07,120
>> yeah so TLS

3823
02:43:07,120 --> 02:43:09,920
>> be career science positions or career

3824
02:43:09,920 --> 02:43:12,160
support staff positions as the core of

3825
02:43:12,160 --> 02:43:13,680
the survey

3826
02:43:13,680 --> 02:43:16,640
>> so TLS are, you know, the the two guys

3827
02:43:16,640 --> 02:43:18,399
that were in here, you know, we hire

3828
02:43:18,399 --> 02:43:22,080
those. We carry we carry our TL we carry

3829
02:43:22,080 --> 02:43:24,880
some of our TLS around for a long time

3830
02:43:24,880 --> 02:43:27,280
and I think we probably want to be a

3831
02:43:27,280 --> 02:43:28,560
little more thoughtful about some of

3832
02:43:28,560 --> 02:43:29,920
that. That's what I'm looking at right

3833
02:43:29,920 --> 02:43:34,800
now. Um so but they are um they are

3834
02:43:34,800 --> 02:43:36,800
usually that's the level that we'll hire

3835
02:43:36,800 --> 02:43:40,479
at when we have you know a grant large

3836
02:43:40,479 --> 02:43:42,800
grant opportunity that's come in that

3837
02:43:42,800 --> 02:43:45,680
might take a couple years to to map out.

3838
02:43:45,680 --> 02:43:46,720
So

3839
02:43:46,720 --> 02:43:49,120
>> yeah and one thing that you probably

3840
02:43:49,120 --> 02:43:51,680
don't know I want to give a huge kudo to

3841
02:43:51,680 --> 02:43:53,760
Stephan and Darene because every time

3842
02:43:53,760 --> 02:43:55,840
when somebody bring in any project

3843
02:43:55,840 --> 02:43:58,160
proposal the first question that they

3844
02:43:58,160 --> 02:44:01,120
would ask is is this missions focus and

3845
02:44:01,120 --> 02:44:04,960
I think that helped out a lot with you

3846
02:44:04,960 --> 02:44:06,640
know because I feel like here everybody

3847
02:44:06,640 --> 02:44:08,160
want to do great work and they have

3848
02:44:08,160 --> 02:44:10,319
always have great idea what kind of

3849
02:44:10,319 --> 02:44:12,240
project they will want to work on

3850
02:44:12,240 --> 02:44:14,399
unfortunately we don't have the money to

3851
02:44:14,399 --> 02:44:17,040
do it all because we have constraint and

3852
02:44:17,040 --> 02:44:18,960
Gene and Stephan has been great with

3853
02:44:18,960 --> 02:44:22,560
kind of narrowing people down. Um so on

3854
02:44:22,560 --> 02:44:25,600
this slide just want to bring um kind of

3855
02:44:25,600 --> 02:44:27,520
echo what we discussed in the previous

3856
02:44:27,520 --> 02:44:30,319
slide is that number one personnel is

3857
02:44:30,319 --> 02:44:33,439
our highest um component of total spend

3858
02:44:33,439 --> 02:44:36,240
and that is pretty much aligned with um

3859
02:44:36,240 --> 02:44:38,160
the industry or the service that we

3860
02:44:38,160 --> 02:44:41,520
provide. we are, you know, heavy in

3861
02:44:41,520 --> 02:44:44,800
personnel. And then the

3862
02:44:44,800 --> 02:44:47,680
um cost in term of personnel service for

3863
02:44:47,680 --> 02:44:50,960
2026, as you can see, we kind of hold

3864
02:44:50,960 --> 02:44:54,720
steady um even bring it down a little

3865
02:44:54,720 --> 02:44:57,120
bit compared to the previous year. Then

3866
02:44:57,120 --> 02:45:02,230
that would allow us to assess for FY27.

3867
02:45:02,240 --> 02:45:06,640
Uh moving on. So as we discussed our

3868
02:45:06,640 --> 02:45:11,520
total available funding was at 17.74

3869
02:45:11,520 --> 02:45:14,000
million from those three source of

3870
02:45:14,000 --> 02:45:18,319
funding our expenditures for FY26

3871
02:45:18,319 --> 02:45:22,640
um ended at 15.24 24 million that

3872
02:45:22,640 --> 02:45:25,840
leaving us with a balance of 2.5

3873
02:45:25,840 --> 02:45:29,910
million. Um of that 2.5 million

3874
02:45:29,914 --> 02:45:29,920
» [clears throat]

3875
02:45:29,920 --> 02:45:31,920
>> um we talked earlier on about those

3876
02:45:31,920 --> 02:45:34,720
program that carry multiple years. Um so

3877
02:45:34,720 --> 02:45:37,439
you talk about the Bonavville salt flat,

3878
02:45:37,439 --> 02:45:40,800
the critical mural RFA and then the um

3879
02:45:40,800 --> 02:45:44,080
geothermal building block. Those three

3880
02:45:44,080 --> 02:45:46,880
program have multiple years um and so

3881
02:45:46,880 --> 02:45:48,880
the carry forward that belong to those

3882
02:45:48,880 --> 02:45:51,520
three program is 1.31

3883
02:45:51,520 --> 02:45:53,760
million and then the nonprogram

3884
02:45:53,760 --> 02:45:58,240
component um of that 2.5 is 1.18

3885
02:45:58,240 --> 02:46:02,240
million. So that is our um carry forward

3886
02:46:02,240 --> 02:46:06,640
allocations for FY27.

3887
02:46:06,640 --> 02:46:10,080
Um at the end of FY27

3888
02:46:10,080 --> 02:46:12,960
uh we do want to have a balanced goal

3889
02:46:12,960 --> 02:46:16,720
for the nun program uh in the same range

3890
02:46:16,720 --> 02:46:19,120
between 1 to 1.2 million and we'll dive

3891
02:46:19,120 --> 02:46:21,760
into that the rationale why we thinking

3892
02:46:21,760 --> 02:46:24,560
that is a healthy number in in the next

3893
02:46:24,560 --> 02:46:26,800
slide. anything you will add to that

3894
02:46:26,800 --> 02:46:28,880
before we moving on any questions from

3895
02:46:28,880 --> 02:46:32,720
the room. Okay.

3896
02:46:32,720 --> 02:46:38,000
Uh so we did touch on the uh restricted

3897
02:46:38,000 --> 02:46:40,160
account at the beginning of our

3898
02:46:40,160 --> 02:46:42,720
conversations is that we have a

3899
02:46:42,720 --> 02:46:44,720
restricted account that we really can't

3900
02:46:44,720 --> 02:46:47,040
control. Uh we was given an

3901
02:46:47,040 --> 02:46:48,960
appropriation but the revenue collected

3902
02:46:48,960 --> 02:46:50,960
from the restricted accounts kind of go

3903
02:46:50,960 --> 02:46:55,200
up and down month over month. Um so for

3904
02:46:55,200 --> 02:46:56,720
FY26

3905
02:46:56,720 --> 02:46:59,600
we started the beginning balance at 1

3906
02:46:59,600 --> 02:47:02,720
million restricted account total we

3907
02:47:02,720 --> 02:47:05,040
wasn't collected in the restricted

3908
02:47:05,040 --> 02:47:09,920
account for FY26 2.68 million um and

3909
02:47:09,920 --> 02:47:12,160
then the appropriations that was given

3910
02:47:12,160 --> 02:47:16,160
to us to withdraw 3.27 27 which we do

3911
02:47:16,160 --> 02:47:19,279
that in every quarter we'll take out 800

3912
02:47:19,279 --> 02:47:21,120
811k

3913
02:47:21,120 --> 02:47:23,520
and so that leaving us at the end of

3914
02:47:23,520 --> 02:47:27,815
FY26 with a balance of 417K

3915
02:47:27,815 --> 02:47:29,359
[clears throat] um which is what we will

3916
02:47:29,359 --> 02:47:33,600
then start um for FY27 as a beginning

3917
02:47:33,600 --> 02:47:40,710
balance um we touch on that 1.184005

3918
02:47:40,720 --> 02:47:43,840
million that we started as a nonprogram

3919
02:47:43,840 --> 02:47:47,120
carry forward. Um, we put in some

3920
02:47:47,120 --> 02:47:49,200
scenario to kind of help us plan for

3921
02:47:49,200 --> 02:47:50,800
FY27.

3922
02:47:50,800 --> 02:47:53,279
What if we collected the same amount?

3923
02:47:53,279 --> 02:47:55,920
What if we collect 10% more or less than

3924
02:47:55,920 --> 02:47:59,200
10%? What would happen? And then Mike uh

3925
02:47:59,200 --> 02:48:02,640
also did his um calculation forecast to

3926
02:48:02,640 --> 02:48:04,800
help us figure out out of those three

3927
02:48:04,800 --> 02:48:07,200
scenario where we most likely will land

3928
02:48:07,200 --> 02:48:08,880
in term of the revenue collection

3929
02:48:08,880 --> 02:48:12,240
itself. Um so it might seem to think

3930
02:48:12,240 --> 02:48:15,040
that we will most likely in these two

3931
02:48:15,040 --> 02:48:17,520
scenario where our base will be about

3932
02:48:17,520 --> 02:48:22,399
2.78 million plus or minus 200k.

3933
02:48:22,399 --> 02:48:25,040
So with those two scenario we're kind of

3934
02:48:25,040 --> 02:48:28,240
looking at a

3935
02:48:28,240 --> 02:48:31,359
deficit um if we continue drawing at the

3936
02:48:31,359 --> 02:48:33,760
3.3271

3937
02:48:33,760 --> 02:48:37,760
100 um that was given in terropriations.

3938
02:48:37,760 --> 02:48:40,560
So that 1.184

3939
02:48:40,560 --> 02:48:42,880
1.18 million that you see we carry

3940
02:48:42,880 --> 02:48:48,640
forward um will net between um 958K

3941
02:48:48,640 --> 02:48:52,160
to 1.1 million

3942
02:48:52,160 --> 02:48:54,319
just from that. Okay.

3943
02:48:54,319 --> 02:48:57,279
>> So this is complicated. So I'm going to

3944
02:48:57,279 --> 02:48:59,920
try to go through it again because I I

3945
02:48:59,920 --> 02:49:02,640
do this really so I can understand it as

3946
02:49:02,640 --> 02:49:04,240
well.

3947
02:49:04,240 --> 02:49:09,359
um our appropriation is 3.27 million out

3948
02:49:09,359 --> 02:49:12,720
of our restricted account.

3949
02:49:12,720 --> 02:49:16,000
So whether this much money comes in or

3950
02:49:16,000 --> 02:49:20,880
not, 811k a quarter gets pushed into our

3951
02:49:20,880 --> 02:49:22,399
account.

3952
02:49:22,399 --> 02:49:27,110
So if only

3953
02:49:27,120 --> 02:49:30,880
2.684 684 comes in through those mineral

3954
02:49:30,880 --> 02:49:34,000
lease and severance funds, there's a

3955
02:49:34,000 --> 02:49:37,920
deficit and we have to pay that back at

3956
02:49:37,920 --> 02:49:41,520
the end of the year. So, we have to have

3957
02:49:41,520 --> 02:49:43,920
enough carryover

3958
02:49:43,920 --> 02:49:45,439
to

3959
02:49:45,439 --> 02:49:49,439
uh you know adjust this balance, right?

3960
02:49:49,439 --> 02:49:51,920
Or we request a change in our

3961
02:49:51,920 --> 02:49:53,680
appropriation.

3962
02:49:53,680 --> 02:49:56,720
And um since Lacy's here, I'll just say

3963
02:49:56,720 --> 02:49:59,920
we're watching this and so we're not

3964
02:49:59,920 --> 02:50:02,000
going to make a request right now, but

3965
02:50:02,000 --> 02:50:04,800
by December maybe we may have a better

3966
02:50:04,800 --> 02:50:08,080
idea of where we stand. Um Mike has this

3967
02:50:08,080 --> 02:50:12,479
kind of uh very complicated

3968
02:50:12,479 --> 02:50:16,479
method for tracking what is really

3969
02:50:16,479 --> 02:50:19,680
happening in industry that drives this

3970
02:50:19,680 --> 02:50:22,720
on the revenue side. And so he's able to

3971
02:50:22,720 --> 02:50:25,359
give us kind of a, you know, he gets his

3972
02:50:25,359 --> 02:50:28,240
Ouija board out and his crystal ball and

3973
02:50:28,240 --> 02:50:30,880
shakes them all up together and gives us

3974
02:50:30,880 --> 02:50:32,800
kind of a ballpark figure of where he

3975
02:50:32,800 --> 02:50:34,640
thinks that min release is going to come

3976
02:50:34,640 --> 02:50:37,040
in or the restricted account is going to

3977
02:50:37,040 --> 02:50:41,520
come in for the year. We try to budget

3978
02:50:41,520 --> 02:50:43,760
to this,

3979
02:50:43,760 --> 02:50:46,560
not to that. Because if we budget to

3980
02:50:46,560 --> 02:50:50,000
that, we may be over by about $500,000.

3981
02:50:50,000 --> 02:50:52,080
And that's a lot in our in our little

3982
02:50:52,080 --> 02:50:57,120
budget, right? So, um so we either plan

3983
02:50:57,120 --> 02:51:01,279
on having um enough money to, you know,

3984
02:51:01,279 --> 02:51:03,120
have additional carryover, right?

3985
02:51:03,120 --> 02:51:04,479
Ideally, we'd like to be using our

3986
02:51:04,479 --> 02:51:07,200
restricted account to keep money in

3987
02:51:07,200 --> 02:51:09,760
reserve. That's the goal. But there's

3988
02:51:09,760 --> 02:51:12,240
been an offset with industry since our

3989
02:51:12,240 --> 02:51:14,479
appropriation was set about what revenue

3990
02:51:14,479 --> 02:51:17,520
actually comes in.

3991
02:51:17,520 --> 02:51:19,760
Maybe just a little bit more background

3992
02:51:19,760 --> 02:51:22,560
especially for newer board members. Um

3993
02:51:22,560 --> 02:51:24,800
we have Utah Geological Survey has

3994
02:51:24,800 --> 02:51:27,120
gotten mineral federal mineral lease

3995
02:51:27,120 --> 02:51:31,680
royalties for a very long time. Um which

3996
02:51:31,680 --> 02:51:34,960
is great. We did a certain percentage,

3997
02:51:34,960 --> 02:51:38,000
but it's complicates our budgeting

3998
02:51:38,000 --> 02:51:40,240
because that number is so uncertain

3999
02:51:40,240 --> 02:51:42,479
because it's based off of commodity

4000
02:51:42,479 --> 02:51:45,920
values. And what really drives it is oil

4001
02:51:45,920 --> 02:51:48,880
and gas and the price of oil and gas.

4002
02:51:48,880 --> 02:51:52,479
So we try to calculate or predict oil

4003
02:51:52,479 --> 02:51:54,479
and gas production on federal lands and

4004
02:51:54,479 --> 02:51:56,368
the price of oil and gas to try to

4005
02:51:56,368 --> 02:51:57,760
[snorts] determine how much money we're

4006
02:51:57,760 --> 02:52:00,240
going to get each year

4007
02:52:00,240 --> 02:52:04,000
to varying degrees of success.

4008
02:52:04,000 --> 02:52:06,479
Then a couple years ago, two or three

4009
02:52:06,479 --> 02:52:09,439
years ago, we started to receive

4010
02:52:09,439 --> 02:52:11,120
additional money into our restricted

4011
02:52:11,120 --> 02:52:14,880
account from state seance tax. Uh so

4012
02:52:14,880 --> 02:52:17,359
that comes from oil and gas, but it also

4013
02:52:17,359 --> 02:52:20,240
comes from money. So it's a little bit

4014
02:52:20,240 --> 02:52:24,080
more diversified out of money. So it's

4015
02:52:24,080 --> 02:52:26,160
from mineral commodities produced

4016
02:52:26,160 --> 02:52:28,640
anywhere in Utah. Whereas the mineral

4017
02:52:28,640 --> 02:52:30,640
lease is only mineral commodities

4018
02:52:30,640 --> 02:52:33,840
produced on federal land. So like think

4019
02:52:33,840 --> 02:52:36,960
of Kakott. We never got any mineral

4020
02:52:36,960 --> 02:52:39,120
lease money from Kakott because Kakott's

4021
02:52:39,120 --> 02:52:42,399
private land. But now we get some money

4022
02:52:42,399 --> 02:52:45,520
from Kakott because they pay minerals

4023
02:52:45,520 --> 02:52:47,120
tax.

4024
02:52:47,120 --> 02:52:50,800
So now we have two unpredictable amounts

4025
02:52:50,800 --> 02:52:52,800
that we try to have to forecast

4026
02:52:52,800 --> 02:52:56,240
severance tax is also based on the value

4027
02:52:56,240 --> 02:52:59,760
of the production. Um luckily the

4028
02:52:59,760 --> 02:53:02,560
formula for how much money we get in

4029
02:53:02,560 --> 02:53:05,520
severance tax is based on or historic

4030
02:53:05,520 --> 02:53:10,319
events. So we can use historic data and

4031
02:53:10,319 --> 02:53:12,880
then use that to calculate mineral lease

4032
02:53:12,880 --> 02:53:15,520
or separates tax for say this year.

4033
02:53:15,520 --> 02:53:19,120
Mineral lease is more of a a real time

4034
02:53:19,120 --> 02:53:22,640
thing to predict. So that's where this

4035
02:53:22,640 --> 02:53:24,800
2.68

4036
02:53:24,800 --> 02:53:27,840
million comes from. Those two pots of

4037
02:53:27,840 --> 02:53:30,399
money coming into this account from

4038
02:53:30,399 --> 02:53:33,040
those two sources.

4039
02:53:33,040 --> 02:53:36,319
And again, we try to predict what that's

4040
02:53:36,319 --> 02:53:39,279
going to be for the entire fiscal year.

4041
02:53:39,279 --> 02:53:43,359
Um, we get mineral lease checks monthly.

4042
02:53:43,359 --> 02:53:46,319
So, every month once we get check, I

4043
02:53:46,319 --> 02:53:49,840
review all my numbers and update them as

4044
02:53:49,840 --> 02:53:50,880
needed,

4045
02:53:50,880 --> 02:53:52,880
>> which is this number that my talk about.

4046
02:53:52,880 --> 02:53:54,800
So, every month my would do his

4047
02:53:54,800 --> 02:53:56,560
calculation. He'll send it back to he

4048
02:53:56,560 --> 02:53:58,640
say it's going to be this instead of

4049
02:53:58,640 --> 02:54:00,319
that.

4050
02:54:00,319 --> 02:54:03,439
So just last week I tried to calculate

4051
02:54:03,439 --> 02:54:05,520
the what we're going to get for fiscal

4052
02:54:05,520 --> 02:54:08,319
year 27 and landed on that down at the

4053
02:54:08,319 --> 02:54:12,479
bottom that 2.78 million from both

4054
02:54:12,479 --> 02:54:14,640
severance and release.

4055
02:54:14,640 --> 02:54:17,760
>> So instead of 2.6 six because this is

4056
02:54:17,760 --> 02:54:20,080
right now we just take okay what if it's

4057
02:54:20,080 --> 02:54:24,000
this year's the way it is this year 10%

4058
02:54:24,000 --> 02:54:27,040
and this is what Mike uh mentioning that

4059
02:54:27,040 --> 02:54:31,279
it possibly be in FY207

4060
02:54:31,279 --> 02:54:35,200
2.78 plus or minus 200k

4061
02:54:35,200 --> 02:54:37,359
>> so that that's that's basically at break

4062
02:54:37,359 --> 02:54:40,000
even for our restricted account so in

4063
02:54:40,000 --> 02:54:43,200
terms but remember we started with a

4064
02:54:43,200 --> 02:54:46,160
little bit in our account so there is an

4065
02:54:46,160 --> 02:54:48,080
opportunity when we get to like you know

4066
02:54:48,080 --> 02:54:50,800
maybe December if we if we do feel like

4067
02:54:50,800 --> 02:54:52,960
our budget is pretty healthy and have

4068
02:54:52,960 --> 02:54:54,080
any carryover [snorts]

4069
02:54:54,080 --> 02:54:55,600
maybe we want to adjust that

4070
02:54:55,600 --> 02:54:58,319
appropriation downwards for the year so

4071
02:54:58,319 --> 02:55:00,880
that we can retain some money in our

4072
02:55:00,880 --> 02:55:03,279
restricted account and actually start

4073
02:55:03,279 --> 02:55:05,840
you know using it to to have a little

4074
02:55:05,840 --> 02:55:08,640
bit more cushion. Any carryover is a

4075
02:55:08,640 --> 02:55:10,240
great cushion for us. It gives us

4076
02:55:10,240 --> 02:55:13,120
resilience. Um, you know, there's still

4077
02:55:13,120 --> 02:55:14,960
a lot of uncertainty out there with

4078
02:55:14,960 --> 02:55:16,800
federal government and all that kind of

4079
02:55:16,800 --> 02:55:18,560
stuff. So, we definitely want to have

4080
02:55:18,560 --> 02:55:21,279
that cushion. Um, again, we're being

4081
02:55:21,279 --> 02:55:24,479
really careful about staffing um and the

4082
02:55:24,479 --> 02:55:26,880
rest of our expenses. So, we're just

4083
02:55:26,880 --> 02:55:29,200
kind of in measure and monitor mode, but

4084
02:55:29,200 --> 02:55:31,600
this picture that WIN has built really

4085
02:55:31,600 --> 02:55:34,479
helps us understand where we sit and

4086
02:55:34,479 --> 02:55:36,640
where we're going. So, it's great

4087
02:55:36,640 --> 02:55:39,359
guidance for us.

4088
02:55:39,359 --> 02:55:41,840
>> Anything else you want to add?

4089
02:55:41,840 --> 02:55:43,600
I just say again going back to the

4090
02:55:43,600 --> 02:55:46,000
unpredictability having a restricted

4091
02:55:46,000 --> 02:55:49,840
account removes some of the the

4092
02:55:49,840 --> 02:55:52,880
uncertainty and

4093
02:55:52,880 --> 02:55:54,720
within plugging that money into our

4094
02:55:54,720 --> 02:55:56,800
budget because now we can take money

4095
02:55:56,800 --> 02:55:58,960
from year to year whereas in the past

4096
02:55:58,960 --> 02:56:01,439
the mineral lease we had to spend it

4097
02:56:01,439 --> 02:56:06,000
that year and if I predicted 1.5 but and

4098
02:56:06,000 --> 02:56:08,160
we get three million

4099
02:56:08,160 --> 02:56:09,439
>> get swept away

4100
02:56:09,439 --> 02:56:11,680
>> it gets swept. dur the end of the year

4101
02:56:11,680 --> 02:56:15,920
we're like how can we spend $500 fast

4102
02:56:15,920 --> 02:56:18,319
>> now now we don't necessarily have that

4103
02:56:18,319 --> 02:56:20,319
problem because we have a a mechanism to

4104
02:56:20,319 --> 02:56:23,840
carry that forward but we're we're still

4105
02:56:23,840 --> 02:56:27,600
kind of caught in the unpredictability

4106
02:56:27,600 --> 02:56:32,080
that in say 2015 price of oil and gas

4107
02:56:32,080 --> 02:56:36,000
crashed kind of unexpectedly and wiped

4108
02:56:36,000 --> 02:56:38,640
out $2 million from mineral lease that

4109
02:56:38,640 --> 02:56:39,920
we thought we were going to get All of a

4110
02:56:39,920 --> 02:56:42,479
sudden, a couple months later, we're not

4111
02:56:42,479 --> 02:56:45,439
getting $2 million. And for a UGS budget

4112
02:56:45,439 --> 02:56:48,000
at the time, which was like 10 million,

4113
02:56:48,000 --> 02:56:51,600
losing $2 million overnight, and our

4114
02:56:51,600 --> 02:56:54,160
staffing takes up 90% of our budget,

4115
02:56:54,160 --> 02:56:58,720
that's a huge deal. So, that's why we

4116
02:56:58,720 --> 02:57:01,279
had that's illustrates the importance of

4117
02:57:01,279 --> 02:57:04,720
having that carry forward

4118
02:57:04,720 --> 02:57:06,319
and paying attention and doing good

4119
02:57:06,319 --> 02:57:09,920
budgeting and being good finance.

4120
02:57:09,920 --> 02:57:12,640
Um and that kind of leading into was

4121
02:57:12,640 --> 02:57:14,080
just the same thing for the following

4122
02:57:14,080 --> 02:57:17,520
year that we need to have a healthy uh

4123
02:57:17,520 --> 02:57:20,000
carry forward or do something with our

4124
02:57:20,000 --> 02:57:24,960
budget. Um cuz FY26 we had a balance to

4125
02:57:24,960 --> 02:57:29,279
be with. FY27 we had a beginning balance

4126
02:57:29,279 --> 02:57:33,439
to be with. FY28 we not sure whether

4127
02:57:33,439 --> 02:57:35,200
there'll be a beginning balance in the

4128
02:57:35,200 --> 02:57:38,160
district yet. So then we'll have to be

4129
02:57:38,160 --> 02:57:42,160
um enter cautions. Um not to be worried.

4130
02:57:42,160 --> 02:57:44,319
This is not to be alarming. We are

4131
02:57:44,319 --> 02:57:46,560
starting to go and do our operating

4132
02:57:46,560 --> 02:57:49,920
budget next week with our staff and that

4133
02:57:49,920 --> 02:57:53,520
will inform us what would it take to run

4134
02:57:53,520 --> 02:57:58,160
the um UTS FY20

4135
02:57:58,160 --> 02:58:01,760
seven. Um, also it's very assuring for

4136
02:58:01,760 --> 02:58:04,160
me because a lot of our managers not

4137
02:58:04,160 --> 02:58:06,640
only plan out for their staff with the

4138
02:58:06,640 --> 02:58:10,640
workload and the grant for FY27. Many of

4139
02:58:10,640 --> 02:58:13,600
the managers had plan out two or three

4140
02:58:13,600 --> 02:58:16,720
years. If they staff me just inform me

4141
02:58:16,720 --> 02:58:20,399
that see no two years out for her staff

4142
02:58:20,399 --> 02:58:22,960
and when you talk to groundwater a lot

4143
02:58:22,960 --> 02:58:26,160
of the manager know and they have grand

4144
02:58:26,160 --> 02:58:30,080
or upcoming work for three years. So now

4145
02:58:30,080 --> 02:58:32,800
after this my work is to go and gather

4146
02:58:32,800 --> 02:58:35,840
all that data together to help us then

4147
02:58:35,840 --> 02:58:41,200
plan ahead FY 27 and FY28.

4148
02:58:41,200 --> 02:58:43,279
Um

4149
02:58:43,279 --> 02:58:45,279
okay.

4150
02:58:45,279 --> 02:58:47,760
Um and then yesterday during staff

4151
02:58:47,760 --> 02:58:50,640
meeting I'm mentioned to staff that he

4152
02:58:50,640 --> 02:58:52,640
has a kind of a life cycle of the

4153
02:58:52,640 --> 02:58:55,120
outside funding so that everybody know

4154
02:58:55,120 --> 02:58:56,960
that even though there's a lot of

4155
02:58:56,960 --> 02:58:59,200
opportunity that people see when they do

4156
02:58:59,200 --> 02:59:01,439
the grant proposal at the end of the day

4157
02:59:01,439 --> 02:59:05,359
it's all about deliver get it and on

4158
02:59:05,359 --> 02:59:08,160
time on budget so that actually collect

4159
02:59:08,160 --> 02:59:12,640
the outside funding um as we plan um so

4160
02:59:12,640 --> 02:59:14,800
staff is aware of that. We also show

4161
02:59:14,800 --> 02:59:16,880
them that here are kind of the thought

4162
02:59:16,880 --> 02:59:22,000
of like scope the brand accurately. Um

4163
02:59:22,000 --> 02:59:24,160
check the remaining budget regularly and

4164
02:59:24,160 --> 02:59:26,240
making sure that there's still budget

4165
02:59:26,240 --> 02:59:30,319
and then don't charge to a program or

4166
02:59:30,319 --> 02:59:32,720
project that doesn't have any funding.

4167
02:59:32,720 --> 02:59:34,560
Work with their managers to scope it

4168
02:59:34,560 --> 02:59:36,960
right and that would also help with our

4169
02:59:36,960 --> 02:59:39,520
budget. So, we do everything we can

4170
02:59:39,520 --> 02:59:41,760
internally to kind of making sure that

4171
02:59:41,760 --> 02:59:44,319
we proactively plan for and then

4172
02:59:44,319 --> 02:59:48,080
managing our budget. Um, as you see, we

4173
02:59:48,080 --> 02:59:50,479
do a lot of great work here and there

4174
02:59:50,479 --> 02:59:52,000
just not enough funding to do everything

4175
02:59:52,000 --> 02:59:54,960
that we want to do and our staff are

4176
02:59:54,960 --> 02:59:57,439
incredibly intelligent and smart and

4177
02:59:57,439 --> 02:59:59,439
they have a great lots of great ideas.

4178
02:59:59,439 --> 03:00:02,960
So, uh Ben will then walk you through

4179
03:00:02,960 --> 03:00:05,680
the next component about the program and

4180
03:00:05,680 --> 03:00:07,600
project.

4181
03:00:07,600 --> 03:00:13,040
So for for a lot of our staff these last this financial picture you

4182
03:00:13,040 --> 03:00:15,200
know when delivered a simplified version

4183
03:00:15,200 --> 03:00:17,920
of this to our staff yesterday but these

4184
03:00:17,920 --> 03:00:20,800
last two slides about you know project

4185
03:00:20,800 --> 03:00:22,640
delivery

4186
03:00:22,640 --> 03:00:25,040
um and you know you guys have come from

4187
03:00:25,040 --> 03:00:28,160
the consulting world right so this you

4188
03:00:28,160 --> 03:00:31,279
know revenue collection and recognition

4189
03:00:31,279 --> 03:00:32,880
whip

4190
03:00:32,880 --> 03:00:35,359
um you know actually project delivery

4191
03:00:35,359 --> 03:00:37,920
this is like beat into our heads all the

4192
03:00:37,920 --> 03:00:40,720
time. If you come from consulting, this

4193
03:00:40,720 --> 03:00:43,680
snapshot of where they sit in this and

4194
03:00:43,680 --> 03:00:46,080
how this drives and contributes to our

4195
03:00:46,080 --> 03:00:49,920
financial health, it's probably more, I

4196
03:00:49,920 --> 03:00:53,040
guess, information than they've probably

4197
03:00:53,040 --> 03:00:56,160
had insight into in the past. So, we're

4198
03:00:56,160 --> 03:00:58,319
trying to really coach our staff about

4199
03:00:58,319 --> 03:01:00,000
how the work that they do and the

4200
03:01:00,000 --> 03:01:01,840
importance of as something as simple as

4201
03:01:01,840 --> 03:01:04,399
how they fill out their time sheet

4202
03:01:04,399 --> 03:01:06,560
really contributes to our financial

4203
03:01:06,560 --> 03:01:09,200
health. And I'm not sure that that focus

4204
03:01:09,200 --> 03:01:13,279
was really solidly in place um you know

4205
03:01:13,279 --> 03:01:16,080
under prior leadership, but we're really

4206
03:01:16,080 --> 03:01:18,479
building that now and it has made a huge

4207
03:01:18,479 --> 03:01:20,640
turnaround in our financial health

4208
03:01:20,640 --> 03:01:23,279
already. So, we just kind of continue to

4209
03:01:23,279 --> 03:01:26,240
try to um give our staff some insights

4210
03:01:26,240 --> 03:01:30,399
into where they sit with um with their

4211
03:01:30,399 --> 03:01:32,319
contribution to not only the science

4212
03:01:32,319 --> 03:01:34,080
that we do, but the financial health of

4213
03:01:34,080 --> 03:01:36,319
our organization. And so, these are

4214
03:01:36,319 --> 03:01:38,319
really clear, you know, kind of

4215
03:01:38,319 --> 03:01:41,279
directives from our finance team that

4216
03:01:41,279 --> 03:01:42,160
leaves into Ben.

4217
03:01:42,160 --> 03:01:43,840
>> I think as an addendum to that, a lot of

4218
03:01:43,840 --> 03:01:45,920
our staff has been in academia or

4219
03:01:45,920 --> 03:01:47,200
research. They've never really had to

4220
03:01:47,200 --> 03:01:48,800
deal with the financial component their

4221
03:01:48,800 --> 03:01:50,640
projects. I think the financial project

4222
03:01:50,640 --> 03:01:52,399
management aspect has been somewhat

4223
03:01:52,399 --> 03:01:54,240
lacking. Win is an excellent

4224
03:01:54,240 --> 03:01:55,439
communicator and I think is really

4225
03:01:55,439 --> 03:01:56,880
helping to break down some of those

4226
03:01:56,880 --> 03:01:58,960
issues. I think we're only going to

4227
03:01:58,960 --> 03:02:01,680
continue to see improved discipline and

4228
03:02:01,680 --> 03:02:03,279
billing from our staff. I think folks

4229
03:02:03,279 --> 03:02:04,720
are starting to really understand

4230
03:02:04,720 --> 03:02:07,040
financial health part of the science as

4231
03:02:07,040 --> 03:02:09,520
well, not just doing the science. So I'm

4232
03:02:09,520 --> 03:02:12,000
going to give a slightly larger uh drill

4233
03:02:12,000 --> 03:02:15,279
down view of of some of what just went

4234
03:02:15,279 --> 03:02:18,800
over. So I manage the outside revenue

4235
03:02:18,800 --> 03:02:21,439
collection for UGS. We have about 55 to

4236
03:02:21,439 --> 03:02:23,840
65 active projects at any given time.

4237
03:02:23,840 --> 03:02:25,279
Right now it's about 20 federal

4238
03:02:25,279 --> 03:02:27,600
projects, about 30 to 35 state level

4239
03:02:27,600 --> 03:02:29,439
projects, and then another handful of

4240
03:02:29,439 --> 03:02:31,760
projects with private companies. So all

4241
03:02:31,760 --> 03:02:33,840
of that we have to guess at the start of

4242
03:02:33,840 --> 03:02:35,680
the year how much do we think we're

4243
03:02:35,680 --> 03:02:36,880
actually going to earn from our

4244
03:02:36,880 --> 03:02:39,600
projects. When I first got to UGS, there

4245
03:02:39,600 --> 03:02:41,600
was a somewhat systemic issue that we

4246
03:02:41,600 --> 03:02:44,240
would consistently underp project or

4247
03:02:44,240 --> 03:02:46,880
we'd overp project by about 15 to 20%.

4248
03:02:46,880 --> 03:02:48,319
At the end of the year, we would have

4249
03:02:48,319 --> 03:02:50,960
collected 15 to 20% less revenue than

4250
03:02:50,960 --> 03:02:53,279
we'd anticipated. Since we've started to

4251
03:02:53,279 --> 03:02:54,880
put some financial controls in place and

4252
03:02:54,880 --> 03:02:56,560
worked with our managers, we've gotten

4253
03:02:56,560 --> 03:02:59,040
much much better. This has been the best

4254
03:02:59,040 --> 03:03:01,120
year since I got to UGS. We collected

4255
03:03:01,120 --> 03:03:03,920
96% of what we thought we would when it

4256
03:03:03,920 --> 03:03:05,920
came to revenue. On the left side here,

4257
03:03:05,920 --> 03:03:07,279
we have what we thought would happen at

4258
03:03:07,279 --> 03:03:09,120
the very start of fiscal year. We

4259
03:03:09,120 --> 03:03:11,040
thought we'd do about 2.5 million in

4260
03:03:11,040 --> 03:03:13,520
revenue for federal grants, about 2.4

4261
03:03:13,520 --> 03:03:16,000
million in revenue for state grants

4262
03:03:16,000 --> 03:03:18,399
known as transfers. We do just under

4263
03:03:18,399 --> 03:03:20,640
$400,000 in dedicated credits, which are

4264
03:03:20,640 --> 03:03:22,000
more or less the sale of services to

4265
03:03:22,000 --> 03:03:25,520
private companies and about $160,000 in

4266
03:03:25,520 --> 03:03:27,120
expendable receipts, which are similar

4267
03:03:27,120 --> 03:03:28,640
to dedicated credits, but the difference

4268
03:03:28,640 --> 03:03:31,040
is not worth getting into.

4269
03:03:31,040 --> 03:03:32,880
At the end of the year, we'd collected

4270
03:03:32,880 --> 03:03:36,160
5.3 out of our projected $5.5 million.

4271
03:03:36,160 --> 03:03:37,840
This was the highest ever revenue year

4272
03:03:37,840 --> 03:03:40,800
for UGS. Last year, fiscal year 25 was

4273
03:03:40,800 --> 03:03:43,600
the previous high at about 4.3 million.

4274
03:03:43,600 --> 03:03:45,600
So, we surpassed that significantly.

4275
03:03:45,600 --> 03:03:47,040
Granted, a lot of that was passed

4276
03:03:47,040 --> 03:03:49,120
through money where we received a grant

4277
03:03:49,120 --> 03:03:51,760
and passed money down to a collaborator.

4278
03:03:51,760 --> 03:03:53,439
We don't necessarily earn on that, but

4279
03:03:53,439 --> 03:03:54,800
it's still important to understand the

4280
03:03:54,800 --> 03:03:56,080
scope and the scale of some of these

4281
03:03:56,080 --> 03:03:59,840
projects. 5.3 million is a huge step

4282
03:03:59,840 --> 03:04:03,279
increase for UGS. We collected the 5.3.

4283
03:04:03,279 --> 03:04:04,880
It shifted a little bit from what we

4284
03:04:04,880 --> 03:04:06,319
thought at the start of the year. We

4285
03:04:06,319 --> 03:04:07,520
actually did a little bit more work for

4286
03:04:07,520 --> 03:04:09,520
state contracts. We collected 2.6

4287
03:04:09,520 --> 03:04:12,000
million in transfer funds, only about

4288
03:04:12,000 --> 03:04:14,800
2.2 2.3 in federal grants, but that's

4289
03:04:14,800 --> 03:04:16,319
fine because those are ongoing. We

4290
03:04:16,319 --> 03:04:18,399
didn't lose any opportunities there. And

4291
03:04:18,399 --> 03:04:20,960
then dedicated credits uh were well

4292
03:04:20,960 --> 03:04:25,279
below at only about $160,000 and about

4293
03:04:25,279 --> 03:04:28,399
246 for expendable receipts. This was a

4294
03:04:28,399 --> 03:04:30,399
really strong year financially for UGS.

4295
03:04:30,399 --> 03:04:32,160
Our staff got much better at time sheet

4296
03:04:32,160 --> 03:04:33,840
discipline. We got much better at

4297
03:04:33,840 --> 03:04:35,279
billing to the projects and stopping

4298
03:04:35,279 --> 03:04:38,160
once they were over build. And it just

4299
03:04:38,160 --> 03:04:40,160
feels like everything is tightening up a

4300
03:04:40,160 --> 03:04:43,200
little bit. So for my role, these are

4301
03:04:43,200 --> 03:04:44,720
the two numbers I kind of think the most

4302
03:04:44,720 --> 03:04:46,560
about. Where are we saying we're going

4303
03:04:46,560 --> 03:04:47,840
to be at the start of the year and where

4304
03:04:47,840 --> 03:04:50,399
do we actually finish? So to get to that

4305
03:04:50,399 --> 03:04:52,560
$1.2 million of carryover every year

4306
03:04:52,560 --> 03:04:54,160
that keeps our budget healthy, it's

4307
03:04:54,160 --> 03:04:56,160
really important that we stay on top of

4308
03:04:56,160 --> 03:04:58,560
our outside awards.

4309
03:04:58,560 --> 03:05:01,520
Another critical part of our budget is

4310
03:05:01,520 --> 03:05:03,520
our grant match. We have all of these

4311
03:05:03,520 --> 03:05:06,160
awards, but they're not all free. We're

4312
03:05:06,160 --> 03:05:07,840
trying to chase smart money. We want to

4313
03:05:07,840 --> 03:05:09,600
find projects where we're paying into

4314
03:05:09,600 --> 03:05:12,640
the the project as little as possible.

4315
03:05:12,640 --> 03:05:14,880
In the past, our grant match got up to

4316
03:05:14,880 --> 03:05:17,760
as high as $1.2 million. So, this means

4317
03:05:17,760 --> 03:05:19,920
out of that allotted $6 million general

4318
03:05:19,920 --> 03:05:22,720
funds, we're already committing 1.2 to

4319
03:05:22,720 --> 03:05:24,560
grants. That means that if we have any

4320
03:05:24,560 --> 03:05:26,160
projects we want to pursue that aren't

4321
03:05:26,160 --> 03:05:28,720
necessarily funded by an outside ward,

4322
03:05:28,720 --> 03:05:31,359
we have $1.2 million less to pursue

4323
03:05:31,359 --> 03:05:32,800
those. Whether that's staff going to

4324
03:05:32,800 --> 03:05:35,359
conferences, presenting, doing uh

4325
03:05:35,359 --> 03:05:36,800
science that is not necessarily funded

4326
03:05:36,800 --> 03:05:38,560
by an outside award, a trench study

4327
03:05:38,560 --> 03:05:40,640
somewhere in the state. We reduce that

4328
03:05:40,640 --> 03:05:43,840
capacity by $1.2 million. Over the last

4329
03:05:43,840 --> 03:05:46,240
couple years, we've instituted go no-go

4330
03:05:46,240 --> 03:05:48,479
kickoff meetings prior to a pro project

4331
03:05:48,479 --> 03:05:50,800
application. We've tried to chase smart

4332
03:05:50,800 --> 03:05:53,520
money, a grant where we pay 50% cost

4333
03:05:53,520 --> 03:05:55,200
share and don't receive our full

4334
03:05:55,200 --> 03:05:57,600
indirect rate is not something that

4335
03:05:57,600 --> 03:05:59,760
makes sense economically for us. We have

4336
03:05:59,760 --> 03:06:01,600
to find projects that not only match the

4337
03:06:01,600 --> 03:06:04,160
mission and scope of the UGS but make

4338
03:06:04,160 --> 03:06:06,479
sense financially and we've gotten a lot

4339
03:06:06,479 --> 03:06:08,800
better. So you can see on the left side

4340
03:06:08,800 --> 03:06:10,960
of this graph that is our scale for

4341
03:06:10,960 --> 03:06:13,279
match. The y- axis shows how much we are

4342
03:06:13,279 --> 03:06:15,520
uh paying out of general funds for match

4343
03:06:15,520 --> 03:06:18,319
and uh on the right side the y- axis is

4344
03:06:18,319 --> 03:06:20,800
our revenue. Revenue in green match in

4345
03:06:20,800 --> 03:06:22,880
red. Over the last few years, revenue

4346
03:06:22,880 --> 03:06:25,279
has increased significantly from about

4347
03:06:25,279 --> 03:06:29,279
$2.3 million to now about $5.3 million.

4348
03:06:29,279 --> 03:06:31,439
Massive increase. Our grant match over

4349
03:06:31,439 --> 03:06:32,960
that time has fluctuated, but we have

4350
03:06:32,960 --> 03:06:34,800
brought it down from the high of $1.2

4351
03:06:34,800 --> 03:06:37,520
million to this year we were just above

4352
03:06:37,520 --> 03:06:39,920
$400,000 of grant match. That is now an

4353
03:06:39,920 --> 03:06:42,319
additional $800,000 in our general funds

4354
03:06:42,319 --> 03:06:44,319
we are not using and can be applied to

4355
03:06:44,319 --> 03:06:46,479
other projects, can be applied to retain

4356
03:06:46,479 --> 03:06:48,800
talent, hire good talent, and expand our

4357
03:06:48,800 --> 03:06:51,439
operations. Reducing match is almost

4358
03:06:51,439 --> 03:06:53,680
like finding new revenue. I see this is

4359
03:06:53,680 --> 03:06:55,760
more or less $800,000 in additional

4360
03:06:55,760 --> 03:06:59,040
revenue for EGS. I think in terms of our

4361
03:06:59,040 --> 03:07:00,800
financial health, this is one of the

4362
03:07:00,800 --> 03:07:02,399
most impactful things we've done in the

4363
03:07:02,399 --> 03:07:05,760
last few years. This is a lot of cost

4364
03:07:05,760 --> 03:07:07,600
savings. We're very proud of this. Our

4365
03:07:07,600 --> 03:07:09,760
go no-go meetings have been great. Staff

4366
03:07:09,760 --> 03:07:10,880
has gotten a little bit better at

4367
03:07:10,880 --> 03:07:12,479
scoping projects and I think we're a

4368
03:07:12,479 --> 03:07:13,600
little bit tighter when it comes to

4369
03:07:13,600 --> 03:07:16,000
following our mission. We have a lot of

4370
03:07:16,000 --> 03:07:17,840
grants. Don't want people's eyes to

4371
03:07:17,840 --> 03:07:19,600
glaze over. I only want to show these

4372
03:07:19,600 --> 03:07:21,520
two kind of primary big numbers because

4373
03:07:21,520 --> 03:07:24,960
I think these kind of the best KPIs for

4374
03:07:24,960 --> 03:07:26,880
our grant and outside program financial

4375
03:07:26,880 --> 03:07:32,160
health. Stop there. Questions, concerns?

4376
03:07:32,160 --> 03:07:32,640
>> Yes.

4377
03:07:32,640 --> 03:07:34,880
>> What kind of leverage are you typically

4378
03:07:34,880 --> 03:07:37,760
looking for for a match? Like $2 to one,

4379
03:07:37,760 --> 03:07:38,640
three to one.

4380
03:07:38,640 --> 03:07:41,120
>> So in the last couple years, we've

4381
03:07:41,120 --> 03:07:43,359
gotten a lot of grants that have 0% cost

4382
03:07:43,359 --> 03:07:45,680
share for us. Earth MRI is a great

4383
03:07:45,680 --> 03:07:47,439
example of that. A lot of the money that

4384
03:07:47,439 --> 03:07:49,760
Mike and his team gets from DOE is

4385
03:07:49,760 --> 03:07:53,200
between zero and 20% cost share. 20%

4386
03:07:53,200 --> 03:07:55,200
seems to be about the sweet spot for us.

4387
03:07:55,200 --> 03:07:56,640
There's some state level contracts

4388
03:07:56,640 --> 03:07:59,040
where, you know, we want to be good

4389
03:07:59,040 --> 03:08:00,399
collaborators with other sister

4390
03:08:00,399 --> 03:08:03,600
divisions. We'll throw in 50% match, but

4391
03:08:03,600 --> 03:08:05,760
for the most part, 20 is about what

4392
03:08:05,760 --> 03:08:09,120
we're aiming for. And with our full GNA,

4393
03:08:09,120 --> 03:08:12,080
>> which grants have we been passing

4394
03:08:12,080 --> 03:08:13,680
>> that we were doing that that we've cut

4395
03:08:13,680 --> 03:08:16,240
out? I think our emphasis on finding

4396
03:08:16,240 --> 03:08:18,240
smart money has made our job a lot

4397
03:08:18,240 --> 03:08:20,160
easier. Staff aren't bringing grants to

4398
03:08:20,160 --> 03:08:22,000
us at this point that have a 50% cost

4399
03:08:22,000 --> 03:08:24,399
share and limited GNA. We've turned down

4400
03:08:24,399 --> 03:08:26,479
I think one maybe two projects that just

4401
03:08:26,479 --> 03:08:29,520
felt more out of mission than out of

4402
03:08:29,520 --> 03:08:31,040
financial compliance.

4403
03:08:31,040 --> 03:08:33,200
>> I will say a lot of that PE the real

4404
03:08:33,200 --> 03:08:35,680
high match period that was related to

4405
03:08:35,680 --> 03:08:37,279
data preservation

4406
03:08:37,279 --> 03:08:39,040
>> of one particular grant that had a

4407
03:08:39,040 --> 03:08:40,880
really high ceiling for a couple of

4408
03:08:40,880 --> 03:08:41,920
years. I was

4409
03:08:41,920 --> 03:08:44,080
>> it's expensive money. It is expensive

4410
03:08:44,080 --> 03:08:45,200
money for

4411
03:08:45,200 --> 03:08:48,399
>> for what it is. Um, we do still go I

4412
03:08:48,399 --> 03:08:50,160
will make just because I'm a state map

4413
03:08:50,160 --> 03:08:52,080
person I will put out there that we

4414
03:08:52,080 --> 03:08:54,240
still go after things like state map

4415
03:08:54,240 --> 03:08:55,200
which

4416
03:08:55,200 --> 03:08:55,760
>> 50

4417
03:08:55,760 --> 03:08:58,479
>> is 5050 and a reduced GNA but the thing

4418
03:08:58,479 --> 03:09:00,240
about something like state map is we

4419
03:09:00,240 --> 03:09:03,200
can't it is probably the most

4420
03:09:03,200 --> 03:09:04,399
missionoriented

4421
03:09:04,399 --> 03:09:07,279
>> it is opportunity that we have and it's

4422
03:09:07,279 --> 03:09:09,120
like a Swiss army knife it gives us

4423
03:09:09,120 --> 03:09:11,040
money to do things that are foundational

4424
03:09:11,040 --> 03:09:13,120
to the survey all over that there's no

4425
03:09:13,120 --> 03:09:14,800
other way to pay for it and so there's

4426
03:09:14,800 --> 03:09:16,560
always going to be things like that that

4427
03:09:16,560 --> 03:09:18,560
we're gonna go do. Um,

4428
03:09:18,560 --> 03:09:19,279
>> absolutely.

4429
03:09:19,279 --> 03:09:20,720
>> But it's being choosy.

4430
03:09:20,720 --> 03:09:22,720
>> It's being smart about it, right? And we

4431
03:09:22,720 --> 03:09:25,359
want to have room in our budget for

4432
03:09:25,359 --> 03:09:27,439
projects like State Math. We want to

4433
03:09:27,439 --> 03:09:29,520
have room in our projects for data

4434
03:09:29,520 --> 03:09:32,640
preservation, right? Which is also a 50%

4435
03:09:32,640 --> 03:09:35,600
grant, but maybe not $700,000

4436
03:09:35,600 --> 03:09:39,439
in match to scan aerial photos, right?

4437
03:09:39,439 --> 03:09:41,840
Again, the questions I want to hear from

4438
03:09:41,840 --> 03:09:43,439
our staff when they bring a grant

4439
03:09:43,439 --> 03:09:47,359
proposal to us is, is it strategic? It

4440
03:09:47,359 --> 03:09:50,319
is, is it in line with our statutory

4441
03:09:50,319 --> 03:09:53,840
responsibilities, right? How expensive

4442
03:09:53,840 --> 03:09:56,080
of the match is it? Right? Are we

4443
03:09:56,080 --> 03:09:59,200
looking at 50% match, 20% match, 10%

4444
03:09:59,200 --> 03:10:02,560
match, nothing? What's our GNA on this?

4445
03:10:02,560 --> 03:10:04,880
do we have the staff bandwidth to

4446
03:10:04,880 --> 03:10:07,279
actually get this work done or are you

4447
03:10:07,279 --> 03:10:08,800
bringing this and saying I'm going to

4448
03:10:08,800 --> 03:10:10,800
need to hire three people which I think

4449
03:10:10,800 --> 03:10:12,319
when we brought you know a lot of these

4450
03:10:12,319 --> 03:10:14,560
big data preservation grants in we hired

4451
03:10:14,560 --> 03:10:16,560
like five people we're going to be

4452
03:10:16,560 --> 03:10:18,640
really really really careful about doing

4453
03:10:18,640 --> 03:10:22,640
that um so so it's just kind of like

4454
03:10:22,640 --> 03:10:25,520
because there is an opportunity cost to

4455
03:10:25,520 --> 03:10:28,960
us when we allocate $1.2 2 million in

4456
03:10:28,960 --> 03:10:31,520
match. There is an opportunity cost for

4457
03:10:31,520 --> 03:10:33,920
that and we need to be sure that we're

4458
03:10:33,920 --> 03:10:36,080
deploying that money, you know, in

4459
03:10:36,080 --> 03:10:37,920
alignment with what our responsibilities

4460
03:10:37,920 --> 03:10:39,920
are to the state. Are we answering the

4461
03:10:39,920 --> 03:10:42,160
mail with what the state needs from us?

4462
03:10:42,160 --> 03:10:45,120
And so I think these go no-go kickoffs

4463
03:10:45,120 --> 03:10:47,760
have been really kind of a gamecher for

4464
03:10:47,760 --> 03:10:49,840
us. People are thinking through their

4465
03:10:49,840 --> 03:10:52,000
project opportunities.

4466
03:10:52,000 --> 03:10:54,080
uh we're mapping out, you know, in some

4467
03:10:54,080 --> 03:10:55,439
of these some of these groundwater

4468
03:10:55,439 --> 03:10:57,359
wetlands, you know, projects have like

4469
03:10:57,359 --> 03:11:00,880
two to three years of staff, you know,

4470
03:11:00,880 --> 03:11:03,040
contribution, right? So, we're mapping

4471
03:11:03,040 --> 03:11:05,279
out into 2030 at this point for some of

4472
03:11:05,279 --> 03:11:08,960
these grants. And so, we're looking at,

4473
03:11:08,960 --> 03:11:10,960
you know, when you start adding up those

4474
03:11:10,960 --> 03:11:13,040
staff hours, we can start to see really

4475
03:11:13,040 --> 03:11:14,720
quickly, well, is this person going to

4476
03:11:14,720 --> 03:11:17,840
get overcommitted in 2028? And what does

4477
03:11:17,840 --> 03:11:20,720
that mean? We have also used this as an

4478
03:11:20,720 --> 03:11:23,200
opportunity to make sure that some of

4479
03:11:23,200 --> 03:11:24,960
our other project contributors are

4480
03:11:24,960 --> 03:11:26,867
included in the funding. Our data

4481
03:11:26,867 --> 03:11:28,720
[clears throat] management team has done

4482
03:11:28,720 --> 03:11:30,960
a lot of heavy lifting on projects.

4483
03:11:30,960 --> 03:11:33,600
Those their costs were not originally

4484
03:11:33,600 --> 03:11:36,240
included in a lot of our grants. And so

4485
03:11:36,240 --> 03:11:37,840
we've brought in the data management

4486
03:11:37,840 --> 03:11:39,600
team and their piece of it into the

4487
03:11:39,600 --> 03:11:41,600
funding to the point where our data

4488
03:11:41,600 --> 03:11:44,880
management team is now 30% grantf funded

4489
03:11:44,880 --> 03:11:47,760
because their piece of the work and

4490
03:11:47,760 --> 03:11:49,920
creating the databases behind it and

4491
03:11:49,920 --> 03:11:51,439
pushing out, you know, websites and

4492
03:11:51,439 --> 03:11:53,680
stuff is now acknowledged in that grant.

4493
03:11:53,680 --> 03:11:56,240
It's covered in the grant costs and so

4494
03:11:56,240 --> 03:11:58,640
their work is now being funded as well.

4495
03:11:58,640 --> 03:12:00,399
So we're just a lot smarter and we're

4496
03:12:00,399 --> 03:12:02,160
bringing in kind of the whole pieces of

4497
03:12:02,160 --> 03:12:04,720
the project. So this has been great for

4498
03:12:04,720 --> 03:12:09,279
our financial outlook. Um yeah what to

4499
03:12:09,279 --> 03:12:11,760
say about it?

4500
03:12:11,760 --> 03:12:13,520
>> What is a go what does a you know go

4501
03:12:13,520 --> 03:12:14,960
no-go meeting look like? Is that a

4502
03:12:14,960 --> 03:12:16,960
dedicated committee for certain areas or

4503
03:12:16,960 --> 03:12:18,240
for the whole UGS?

4504
03:12:18,240 --> 03:12:19,840
>> It's almost like investment committee

4505
03:12:19,840 --> 03:12:22,160
for a a funding body. We sit down with

4506
03:12:22,160 --> 03:12:25,200
the leadership team. We have the uh

4507
03:12:25,200 --> 03:12:26,640
principal investigator for the project

4508
03:12:26,640 --> 03:12:28,560
come in their manager. They've been

4509
03:12:28,560 --> 03:12:30,080
putting together powerpoints which has

4510
03:12:30,080 --> 03:12:31,600
made it a lot easier.

4511
03:12:31,600 --> 03:12:33,760
>> Yeah. pretty much a pitch deck. Um, we

4512
03:12:33,760 --> 03:12:35,680
sit down, we go over the project, who's

4513
03:12:35,680 --> 03:12:37,359
working on it, how many hours, what do

4514
03:12:37,359 --> 03:12:38,800
their hours, budgets look like for the

4515
03:12:38,800 --> 03:12:40,720
next couple of fiscal years, does this

4516
03:12:40,720 --> 03:12:43,359
make sense? Is this project on scope? Is

4517
03:12:43,359 --> 03:12:45,200
the science that is a priority for us

4518
03:12:45,200 --> 03:12:47,359
and for the state? We pretty much go

4519
03:12:47,359 --> 03:12:48,560
through a couple of different points

4520
03:12:48,560 --> 03:12:50,399
there and then say, okay, is this a

4521
03:12:50,399 --> 03:12:51,680
project that makes sense for us to

4522
03:12:51,680 --> 03:12:54,080
pursue? And UGS has a pretty darn good

4523
03:12:54,080 --> 03:12:55,760
track record when it comes to applying

4524
03:12:55,760 --> 03:12:58,080
for and winning projects, probably 80 to

4525
03:12:58,080 --> 03:13:01,760
90%. So, we try and start as early as we

4526
03:13:01,760 --> 03:13:03,760
can. Is this smart money? Is this a

4527
03:13:03,760 --> 03:13:06,080
smart project? So, we sit down. There's

4528
03:13:06,080 --> 03:13:08,319
usually five or so of us in the room,

4529
03:13:08,319 --> 03:13:11,014
and it's a pretty good discussion.

4530
03:13:11,014 --> 03:13:12,479
[clears throat] I like that staff takes

4531
03:13:12,479 --> 03:13:14,640
it really seriously. It

4532
03:13:14,640 --> 03:13:16,160
>> they come they come pretty well prepared

4533
03:13:16,160 --> 03:13:18,319
for this. So, and and Ben's usually had

4534
03:13:18,319 --> 03:13:20,000
a peek at the budget already, kind of

4535
03:13:20,000 --> 03:13:22,319
helped them kind of stack the budget.

4536
03:13:22,319 --> 03:13:23,920
So, he's usually already got some

4537
03:13:23,920 --> 03:13:26,080
insider info. I've usually buzz in the

4538
03:13:26,080 --> 03:13:27,680
office about an opportunity. There's

4539
03:13:27,680 --> 03:13:29,520
been a couple that have, you know, have

4540
03:13:29,520 --> 03:13:32,080
been kind of concerned. So, um, we're

4541
03:13:32,080 --> 03:13:32,720
careful.

4542
03:13:32,720 --> 03:13:34,560
>> Yeah, we have passed on things, right?

4543
03:13:34,560 --> 03:13:35,120
We have,

4544
03:13:35,120 --> 03:13:36,479
>> we have passed on things.

4545
03:13:36,479 --> 03:13:38,239
>> By and large, the majority of these are

4546
03:13:38,239 --> 03:13:39,920
approved, but we have passed on things.

4547
03:13:39,920 --> 03:13:41,760
>> Passed on a few things. I'm also, this

4548
03:13:41,760 --> 03:13:44,239
is where I've, you know, from doing

4549
03:13:44,239 --> 03:13:46,640
these where I mean, Stephen Odd was

4550
03:13:46,640 --> 03:13:48,560
hired into our wetlands team because I

4551
03:13:48,560 --> 03:13:50,880
looked at, you know, Becca is our our

4552
03:13:50,880 --> 03:13:52,640
wetlands manager and I looked at her

4553
03:13:52,640 --> 03:13:54,239
team and the work that they had coming

4554
03:13:54,239 --> 03:13:55,520
and I was like, you're going to need

4555
03:13:55,520 --> 03:13:58,160
some help here, right? So, you're going

4556
03:13:58,160 --> 03:13:59,840
to need some help. We've been watching

4557
03:13:59,840 --> 03:14:02,000
Christian's workload with geothermal.

4558
03:14:02,000 --> 03:14:04,399
And you know, Mike was like, "If these

4559
03:14:04,399 --> 03:14:06,319
two projects land, and you just saw them

4560
03:14:06,319 --> 03:14:08,640
on your proposal list, two big DOE

4561
03:14:08,640 --> 03:14:10,640
projects, if they land, we're going to

4562
03:14:10,640 --> 03:14:12,239
need some help." So, we're actually

4563
03:14:12,239 --> 03:14:14,800
reallocating one staff person who's

4564
03:14:14,800 --> 03:14:17,279
internal here. She's a TL, moving that

4565
03:14:17,279 --> 03:14:20,000
person into the ENM team to support that

4566
03:14:20,000 --> 03:14:21,840
as well as probably advertising a

4567
03:14:21,840 --> 03:14:24,160
project geologist position to help help

4568
03:14:24,160 --> 03:14:27,279
that team as well. So, yeah, if we can

4569
03:14:27,279 --> 03:14:30,960
redeploy staff, we will. So, um, but

4570
03:14:30,960 --> 03:14:32,399
yeah, I think they've been they've

4571
03:14:32,399 --> 03:14:34,800
really helped us. And for me as a

4572
03:14:34,800 --> 03:14:37,760
director, it also connects me to the

4573
03:14:37,760 --> 03:14:40,239
project work that people are doing. I

4574
03:14:40,239 --> 03:14:42,880
understand more about what's out there,

4575
03:14:42,880 --> 03:14:44,640
you know, and and what type of work

4576
03:14:44,640 --> 03:14:49,510
we're doing and what's driving that.

4577
03:14:49,520 --> 03:14:52,880
» Any other questions about our finances?

4578
03:14:52,880 --> 03:14:53,359
>> Thank you.

4579
03:14:53,359 --> 03:14:55,920
>> Okay. Thanks everybody. Thanks you guys.

4580
03:14:55,920 --> 03:14:57,600
Uh, we won't, you know, again, this is

4581
03:14:57,600 --> 03:15:00,080
kind of a year end closeout. Um, we

4582
03:15:00,080 --> 03:15:04,080
won't have uh too

4583
03:15:04,080 --> 03:15:06,399
much of some in-depth financial reports

4584
03:15:06,399 --> 03:15:09,359
for the next little while. Um, so I'll

4585
03:15:09,359 --> 03:15:11,600
move to our next item. Oh, I meant to

4586
03:15:11,600 --> 03:15:13,040
talk about this while Brian was here,

4587
03:15:13,040 --> 03:15:14,960
but we got so caught up in talking about

4588
03:15:14,960 --> 03:15:17,279
everything else. We are recruiting an

4589
03:15:17,279 --> 03:15:20,640
additional board member. Um this was uh

4590
03:15:20,640 --> 03:15:24,399
a result of um the statutory intent

4591
03:15:24,399 --> 03:15:27,200
language change that we requested last

4592
03:15:27,200 --> 03:15:29,520
year to add a groundwater resources

4593
03:15:29,520 --> 03:15:31,920
member. Um we were going to swap that

4594
03:15:31,920 --> 03:15:35,040
out for a mineral seat. Um Brian

4595
03:15:35,040 --> 03:15:37,520
actually pushed back and you know to the

4596
03:15:37,520 --> 03:15:39,200
legislature and was like I don't want to

4597
03:15:39,200 --> 03:15:42,479
lose a mineral seat. Let's add a seat to

4598
03:15:42,479 --> 03:15:47,520
board. So, um, we are, uh, recruiting a

4599
03:15:47,520 --> 03:15:49,120
replacement now for this mineral

4600
03:15:49,120 --> 03:15:52,000
industry openc. So, I'll just put it out

4601
03:15:52,000 --> 03:15:54,800
to you guys. Um, after our board field

4602
03:15:54,800 --> 03:15:56,160
trip, which we're going to talk about

4603
03:15:56,160 --> 03:15:59,040
next, um, we will begin kind of

4604
03:15:59,040 --> 03:16:00,880
campassing. If you have people that you

4605
03:16:00,880 --> 03:16:03,439
think would make uh great board members,

4606
03:16:03,439 --> 03:16:06,319
ideally someone who is connected to the

4607
03:16:06,319 --> 03:16:08,640
minerals industry on the exploration

4608
03:16:08,640 --> 03:16:11,040
side, so they can really help us

4609
03:16:11,040 --> 03:16:14,080
understand, you know, that industry and

4610
03:16:14,080 --> 03:16:17,520
what they need from UGS. So, just kind

4611
03:16:17,520 --> 03:16:19,680
of put that out there. I know you guys

4612
03:16:19,680 --> 03:16:22,640
all know people. So, um and we'll we'll

4613
03:16:22,640 --> 03:16:24,319
work with Brian to kind of get that out

4614
03:16:24,319 --> 03:16:27,359
there also.

4615
03:16:27,359 --> 03:16:28,479
And

4616
03:16:28,479 --> 03:16:32,640
>> so so not industrial minerals.

4617
03:16:32,640 --> 03:16:35,040
>> So not industrial minerals. What did I

4618
03:16:35,040 --> 03:16:38,160
say? Did I say industrial minerals?

4619
03:16:38,160 --> 03:16:39,279
>> Yeah, we

4620
03:16:39,279 --> 03:16:41,040
>> Yes, industrial minerals. Oh,

4621
03:16:41,040 --> 03:16:42,479
industrial. Okay,

4622
03:16:42,479 --> 03:16:43,439
>> I think that was

4623
03:16:43,439 --> 03:16:45,120
>> not metallic. Yes,

4624
03:16:45,120 --> 03:16:45,600
>> sort of.

4625
03:16:45,600 --> 03:16:47,040
>> Okay. Yeah, we are looking for somebody

4626
03:16:47,040 --> 03:16:49,200
and that was discussed in our last board

4627
03:16:49,200 --> 03:16:52,080
meeting here about you know where where

4628
03:16:52,080 --> 03:16:55,600
should we fill that seat and you know

4629
03:16:55,600 --> 03:16:57,439
looking at the current makeup of our

4630
03:16:57,439 --> 03:16:59,359
board which I love. I think we have I

4631
03:16:59,359 --> 03:17:01,200
think we have a lot of you know the

4632
03:17:01,200 --> 03:17:03,120
industries that we work with pretty well

4633
03:17:03,120 --> 03:17:05,359
covered. So our agreement was to look on

4634
03:17:05,359 --> 03:17:09,750
the industrial side

4635
03:17:09,760 --> 03:17:12,160
and we will look for your help with

4636
03:17:12,160 --> 03:17:14,399
that.

4637
03:17:14,399 --> 03:17:17,279
Okay, just two more topics here. Um, our

4638
03:17:17,279 --> 03:17:19,439
field trip overview and then let's take

4639
03:17:19,439 --> 03:17:22,160
a look after this at our 2027 board

4640
03:17:22,160 --> 03:17:25,439
meeting dates. So, if you remember our

4641
03:17:25,439 --> 03:17:29,600
field trip is the 7th, 8th, and 9th.

4642
03:17:29,600 --> 03:17:30,479
>> So, two nights.

4643
03:17:30,479 --> 03:17:32,160
>> Yeah, a little longer one this year, I

4644
03:17:32,160 --> 03:17:34,399
think. Has everybody

4645
03:17:34,399 --> 03:17:37,040
>> has everybody RSVPd and

4646
03:17:37,040 --> 03:17:37,359
>> Okay.

4647
03:17:37,359 --> 03:17:39,840
>> got reservations. So, this is this one's

4648
03:17:39,840 --> 03:17:41,359
a unique opportunity. We're kind of

4649
03:17:41,359 --> 03:17:43,760
leaning in. Um, so we're the board

4650
03:17:43,760 --> 03:17:46,319
members will fly down to Cayana on the

4651
03:17:46,319 --> 03:17:53,760
state plane. We've got that book. It's moderately affordable. Um, we'll have a a ground crew that'll meet

4652
03:17:53,760 --> 03:17:56,080
you guys in Cayana, which is just south

4653
03:17:56,080 --> 03:17:58,479
of the Utah line in northern Arizona

4654
03:17:58,479 --> 03:18:00,720
near Monument Valley. And then that

4655
03:18:00,720 --> 03:18:02,399
first day, we're going to drive up into

4656
03:18:02,399 --> 03:18:04,239
the Utah part of Monument Valley, and

4657
03:18:04,239 --> 03:18:06,000
we're going to look at the old Jetto 7

4658
03:18:06,000 --> 03:18:08,560
and a half quads and the geology there.

4659
03:18:08,560 --> 03:18:11,520
Uh we'll do we'll do basically typical

4660
03:18:11,520 --> 03:18:12,800
field geology. We're going to hike

4661
03:18:12,800 --> 03:18:14,960
through the permo triacic section. We're

4662
03:18:14,960 --> 03:18:17,200
going to talk scoscience.

4663
03:18:17,200 --> 03:18:19,040
Basically there are some resource

4664
03:18:19,040 --> 03:18:21,200
related issues down there related to

4665
03:18:21,200 --> 03:18:23,439
uranium that we'll deal with. That'll be

4666
03:18:23,439 --> 03:18:26,479
the majority of our first day. Um when

4667
03:18:26,479 --> 03:18:28,160
we're done walking around on the ground

4668
03:18:28,160 --> 03:18:30,319
in Alta, we will get in the vehicles and

4669
03:18:30,319 --> 03:18:32,560
we'll start to head north. Uh we'll

4670
03:18:32,560 --> 03:18:35,040
probably have one intermediary stop in

4671
03:18:35,040 --> 03:18:36,720
Mexican hat and we'll talk about

4672
03:18:36,720 --> 03:18:39,279
pictorile history there and strategraphy

4673
03:18:39,279 --> 03:18:42,560
a little bit bathroom break. Um we will

4674
03:18:42,560 --> 03:18:45,600
likely have dinner in Bluff. Our best

4675
03:18:45,600 --> 03:18:47,279
options are in Bluff. So we'll stop and

4676
03:18:47,279 --> 03:18:49,120
have dinner before we get to the hotel

4677
03:18:49,120 --> 03:18:51,680
in Blanding. Stay up in Blanding at the

4678
03:18:51,680 --> 03:18:53,120
Stone Lizard which is a really nice

4679
03:18:53,120 --> 03:18:56,640
hotel. um wake up in Blanding and then

4680
03:18:56,640 --> 03:18:59,520
the next day uh we wanted to focus on

4681
03:18:59,520 --> 03:19:02,479
start on resources basically and I was I

4682
03:19:02,479 --> 03:19:04,560
was hoping to do most of that day in

4683
03:19:04,560 --> 03:19:06,720
Lisbon Valley with Mike Mike's volunteer

4684
03:19:06,720 --> 03:19:09,279
to help us out with that potentially go

4685
03:19:09,279 --> 03:19:12,560
to the Mi Vita uranium mine and then

4686
03:19:12,560 --> 03:19:15,359
also the copper mine there. Um and then

4687
03:19:15,359 --> 03:19:17,200
also some overview kind of regional

4688
03:19:17,200 --> 03:19:20,560
geology. Uh there we have that critical

4689
03:19:20,560 --> 03:19:22,479
minerals mill is still on there. We

4690
03:19:22,479 --> 03:19:24,720
tried to remove that yesterday. Um, that

4691
03:19:24,720 --> 03:19:26,399
is an option that I guess if the board

4692
03:19:26,399 --> 03:19:28,560
is really interested in, maybe we could

4693
03:19:28,560 --> 03:19:31,040
tour the White Mesa Mill in Blanding,

4694
03:19:31,040 --> 03:19:32,800
but it would really cut into our ability

4695
03:19:32,800 --> 03:19:34,720
to go to Lisbon Valley and spend time

4696
03:19:34,720 --> 03:19:37,120
there. So, I would I think we would have

4697
03:19:37,120 --> 03:19:39,200
to choose [clears throat] either White

4698
03:19:39,200 --> 03:19:41,760
Mesa or the Copper Mine.

4699
03:19:41,760 --> 03:19:43,680
>> Yeah, sorry. We edited this slide

4700
03:19:43,680 --> 03:19:45,920
yesterday to to take the

4701
03:19:45,920 --> 03:19:47,520
>> Yeah, that should actually be in there.

4702
03:19:47,520 --> 03:19:47,760
Um,

4703
03:19:47,760 --> 03:19:49,680
>> so Lisbon Valley is also where the mine

4704
03:19:49,680 --> 03:19:52,399
that Brian mentioned, the Mariana mine,

4705
03:19:52,399 --> 03:19:54,479
um, new copper mine is as well. That

4706
03:19:54,479 --> 03:19:56,479
copper name that Lisbon Valley copper

4707
03:19:56,479 --> 03:19:58,479
mine's been rebranded.

4708
03:19:58,479 --> 03:20:01,279
>> Yeah, we were leaning towards the copper

4709
03:20:01,279 --> 03:20:03,040
mine just because it's a little bit more

4710
03:20:03,040 --> 03:20:06,479
geology than seeing a processing mill.

4711
03:20:06,479 --> 03:20:08,479
But I mean, this is the board feel.

4712
03:20:08,479 --> 03:20:10,000
Yeah, that that's really what the point

4713
03:20:10,000 --> 03:20:11,680
of this discussion here is what do you

4714
03:20:11,680 --> 03:20:13,359
folks think about that? Are you okay

4715
03:20:13,359 --> 03:20:15,279
with this idea of really making that

4716
03:20:15,279 --> 03:20:18,160
second day focusing on Lisbon Valley and

4717
03:20:18,160 --> 03:20:21,840
sort of Paradox Basin stuff near there?

4718
03:20:21,840 --> 03:20:23,600
>> So, I'm unable to go, but I would

4719
03:20:23,600 --> 03:20:25,359
recommend you guys go to the Copper

4720
03:20:25,359 --> 03:20:27,040
Mine. They've done some cool things

4721
03:20:27,040 --> 03:20:27,439
there.

4722
03:20:27,439 --> 03:20:30,720
>> Oh, awesome. Thanks, Andy.

4723
03:20:30,720 --> 03:20:31,840
Yeah,

4724
03:20:31,840 --> 03:20:34,319
>> I'll take that as an affirmative towards

4725
03:20:34,319 --> 03:20:36,800
>> I think it's better to go look in the

4726
03:20:36,800 --> 03:20:40,160
field at the or body instead of a

4727
03:20:40,160 --> 03:20:40,800
process.

4728
03:20:40,800 --> 03:20:42,319
>> Yeah, that's the input I was hoping for.

4729
03:20:42,319 --> 03:20:44,000
So, we'll just that will be formally

4730
03:20:44,000 --> 03:20:45,520
scratched out at this stage. So, we

4731
03:20:45,520 --> 03:20:47,520
really well focus at Lisbon Valley.

4732
03:20:47,520 --> 03:20:49,760
We'll probably add in a stop or two

4733
03:20:49,760 --> 03:20:51,359
related to strategraphy and then

4734
03:20:51,359 --> 03:20:53,520
structure in the paradox basin. There's

4735
03:20:53,520 --> 03:20:55,200
a couple good ones that we can tack on

4736
03:20:55,200 --> 03:20:57,520
before and then after Lisbon Valley. So,

4737
03:20:57,520 --> 03:20:59,680
we'll go to Lisbon Valley, tack on a

4738
03:20:59,680 --> 03:21:01,279
couple stops, and then that evening,

4739
03:21:01,279 --> 03:21:03,359
we'll end up in Moab. So, we'll be

4740
03:21:03,359 --> 03:21:06,000
staying in Moab, dinner in Moab, and

4741
03:21:06,000 --> 03:21:08,720
then wake up in Moab, and Friday will be

4742
03:21:08,720 --> 03:21:10,960
our return day. Uh, I was talking with

4743
03:21:10,960 --> 03:21:14,560
to Mike about this this morning. Um,

4744
03:21:14,560 --> 03:21:16,640
Friday, we'll do a couple morning stops

4745
03:21:16,640 --> 03:21:19,439
on Northern Paradox Basin Resources. So

4746
03:21:19,439 --> 03:21:21,680
potentially a stop at the Big Flat Field

4747
03:21:21,680 --> 03:21:24,319
which is on the way to Island in the Sky

4748
03:21:24,319 --> 03:21:26,880
and then definitely a stop near Crystal

4749
03:21:26,880 --> 03:21:29,840
Geyser at their site of recent cing and

4750
03:21:29,840 --> 03:21:31,439
we'll bring along some of those cores,

4751
03:21:31,439 --> 03:21:34,080
pull them out and talk about talk about

4752
03:21:34,080 --> 03:21:37,279
that piece of work. And then after that

4753
03:21:37,279 --> 03:21:39,680
we'll get in the vehicles and boogie

4754
03:21:39,680 --> 03:21:41,200
back to Salt Lake so we can get you guys

4755
03:21:41,200 --> 03:21:45,680
back here at 5 at the latest on Friday.

4756
03:21:45,680 --> 03:21:48,239
>> So we got you for two nights this time.

4757
03:21:48,239 --> 03:21:50,560
So, three, you know, three days, two

4758
03:21:50,560 --> 03:21:51,920
pretty long days because we're going to

4759
03:21:51,920 --> 03:21:55,680
ask you to meet at general radiation um

4760
03:21:55,680 --> 03:21:58,000
at 8

4761
03:21:58,000 --> 03:21:58,319
a.m.

4762
03:21:58,319 --> 03:21:59,840
>> You'll also be driving through a lot of

4763
03:21:59,840 --> 03:22:02,319
MOS and some of that recent MOS stuff,

4764
03:22:02,319 --> 03:22:05,120
which is a huge interest right now in

4765
03:22:05,120 --> 03:22:07,680
Eastern Utah. A lot of

4766
03:22:07,680 --> 03:22:08,640
lease dollars.

4767
03:22:08,640 --> 03:22:08,960
>> Yes. A

4768
03:22:08,960 --> 03:22:10,160
>> lot of lease dollars that come to you

4769
03:22:10,160 --> 03:22:10,479
guys,

4770
03:22:10,479 --> 03:22:11,279
>> right?

4771
03:22:11,279 --> 03:22:12,720
>> Yeah. You know, that's an that's an

4772
03:22:12,720 --> 03:22:14,080
interesting comment because there is

4773
03:22:14,080 --> 03:22:16,080
Kirkland has some stops that are that

4774
03:22:16,080 --> 03:22:18,479
would be north of Green River that could

4775
03:22:18,479 --> 03:22:20,080
be we might be able to tack one of those

4776
03:22:20,080 --> 03:22:20,720
on

4777
03:22:20,720 --> 03:22:22,000
>> depending on what you wanted to see if

4778
03:22:22,000 --> 03:22:24,640
there's something right off the highway.

4779
03:22:24,640 --> 03:22:26,160
>> That's a good idea.

4780
03:22:26,160 --> 03:22:27,200
>> I found they have shark teeth, but

4781
03:22:27,200 --> 03:22:28,000
they're also kind of

4782
03:22:28,000 --> 03:22:30,160
>> there's some good photography in there.

4783
03:22:30,160 --> 03:22:31,279
>> That could be a good idea. [laughter]

4784
03:22:31,279 --> 03:22:33,040
>> That's a great suggestion.

4785
03:22:33,040 --> 03:22:36,080
>> Um that's a that's our for our our board

4786
03:22:36,080 --> 03:22:38,239
field trip this fall. We'll have more

4787
03:22:38,239 --> 03:22:39,600
details coming up. We need to do some

4788
03:22:39,600 --> 03:22:41,439
dry run and we've got some meetings to

4789
03:22:41,439 --> 03:22:43,520
figure out some of the details, but I

4790
03:22:43,520 --> 03:22:45,040
think we're all booked for rooms. We're

4791
03:22:45,040 --> 03:22:47,439
booked for the plane and this general

4792
03:22:47,439 --> 03:22:49,439
itinerary. So, it should be a good one.

4793
03:22:49,439 --> 03:22:51,359
This is a really rare chance to go see

4794
03:22:51,359 --> 03:22:53,680
this the Monument Valley geology on

4795
03:22:53,680 --> 03:22:56,319
foot. It's really pretty. It's showy.

4796
03:22:56,319 --> 03:22:58,319
And we've Matthew's got some new age

4797
03:22:58,319 --> 03:23:00,960
information about that herotriacic

4798
03:23:00,960 --> 03:23:04,239
contact and the units that join it or

4799
03:23:04,239 --> 03:23:05,439
don't adjoin it. That's really

4800
03:23:05,439 --> 03:23:07,359
interesting that he'll share.

4801
03:23:07,359 --> 03:23:09,359
There's an important groundwater study

4802
03:23:09,359 --> 03:23:12,000
um in Alento also you know one of the

4803
03:23:12,000 --> 03:23:15,359
drivers for doing this mapping was to

4804
03:23:15,359 --> 03:23:17,840
assist the Navajo Nation um with

4805
03:23:17,840 --> 03:23:20,080
understanding their water resources

4806
03:23:20,080 --> 03:23:24,000
there. So, a really key use of this

4807
03:23:24,000 --> 03:23:27,760
mapping is to help, you know, a a

4808
03:23:27,760 --> 03:23:30,479
community that's really, you know,

4809
03:23:30,479 --> 03:23:32,640
challenged, uh, understand their water

4810
03:23:32,640 --> 03:23:34,560
resources and make some pretty key

4811
03:23:34,560 --> 03:23:36,960
decisions about where to spend some of

4812
03:23:36,960 --> 03:23:37,600
their funds.

4813
03:23:37,600 --> 03:23:39,120
>> We were really excited about this

4814
03:23:39,120 --> 03:23:40,800
collaboration with the Navajo Nation for

4815
03:23:40,800 --> 03:23:42,640
the Ghetto Quad. This is the first of

4816
03:23:42,640 --> 03:23:45,040
its kind mapping on the nation. We went

4817
03:23:45,040 --> 03:23:46,960
to them and said, "How can your

4818
03:23:46,960 --> 03:23:48,479
priorities direct our science?" And they

4819
03:23:48,479 --> 03:23:49,920
said, "We need help with groundwater."

4820
03:23:49,920 --> 03:23:51,279
So, we actually put out a press release

4821
03:23:51,279 --> 03:23:53,200
about this yesterday announcing the map

4822
03:23:53,200 --> 03:23:55,680
is out and published. USGS has shared it

4823
03:23:55,680 --> 03:23:57,359
broadly across their accounts. They're

4824
03:23:57,359 --> 03:23:58,720
very proud of this collaboration. It's

4825
03:23:58,720 --> 03:24:01,359
funded by the state map program. This is

4826
03:24:01,359 --> 03:24:03,840
really really excellent work from UGS.

4827
03:24:03,840 --> 03:24:05,520
Very jealous you folks are getting to go

4828
03:24:05,520 --> 03:24:06,720
down and check it out.

4829
03:24:06,720 --> 03:24:08,080
>> It's it's we've built a great

4830
03:24:08,080 --> 03:24:09,920
relationship with them and we're it's

4831
03:24:09,920 --> 03:24:11,760
one of the focal points of mapping going

4832
03:24:11,760 --> 03:24:12,960
forward. We're really going to work on

4833
03:24:12,960 --> 03:24:14,960
southeastern Utah to finish up those 30

4834
03:24:14,960 --> 03:24:17,359
by60s bluff. will be starting on Bluff

4835
03:24:17,359 --> 03:24:20,319
uh in part of the Bluff 30 by 60 in

4836
03:24:20,319 --> 03:24:21,920
September.

4837
03:24:21,920 --> 03:24:23,920
>> And to just close to close the loop on

4838
03:24:23,920 --> 03:24:25,920
that, you know, grant match

4839
03:24:25,920 --> 03:24:27,680
conversation,

4840
03:24:27,680 --> 03:24:30,800
you know, for me as a director, that is

4841
03:24:30,800 --> 03:24:34,399
a really great investment of our dollars

4842
03:24:34,399 --> 03:24:37,279
is to support that 50% match for a

4843
03:24:37,279 --> 03:24:39,520
project like that. That is where I like

4844
03:24:39,520 --> 03:24:41,920
to see our general fund money, you know,

4845
03:24:41,920 --> 03:24:44,960
being deployed. I can't think of a more,

4846
03:24:44,960 --> 03:24:48,239
you know, strategically and statutoily

4847
03:24:48,239 --> 03:24:50,080
important project than something like

4848
03:24:50,080 --> 03:24:52,479
that where, you know, a community is

4849
03:24:52,479 --> 03:24:54,160
able to use that mapping to make

4850
03:24:54,160 --> 03:24:55,680
decisions about a really important

4851
03:24:55,680 --> 03:24:58,560
resource.

4852
03:24:58,560 --> 03:25:01,040
>> Okay. Well, look forward to that. Um,

4853
03:25:01,040 --> 03:25:02,399
you guys don't have to bring your bed

4854
03:25:02,399 --> 03:25:04,800
rolls like we did for Fish Springs. We

4855
03:25:04,800 --> 03:25:07,040
get to eat out. We don't need coolers

4856
03:25:07,040 --> 03:25:09,279
full of food. We saved a lot of money on

4857
03:25:09,279 --> 03:25:11,279
that trip because we didn't pay hotel

4858
03:25:11,279 --> 03:25:13,359
fees. So, we'll use it on this trip uh

4859
03:25:13,359 --> 03:25:15,359
for the planes. Great investment. I'm

4860
03:25:15,359 --> 03:25:16,560
really looking forward to the time we

4861
03:25:16,560 --> 03:25:19,520
get to spend with you guys. So, okay,

4862
03:25:19,520 --> 03:25:22,160
that brings us to future board meetings.

4863
03:25:22,160 --> 03:25:24,319
We'll map these out. I asked Cheryl to

4864
03:25:24,319 --> 03:25:26,560
put some suggested dates on here. This

4865
03:25:26,560 --> 03:25:29,279
is basically based on what we've been

4866
03:25:29,279 --> 03:25:30,800
doing in the past where we have our

4867
03:25:30,800 --> 03:25:34,319
board meeting in the first week or two

4868
03:25:34,319 --> 03:25:37,680
um of the month. I'm going to be honest

4869
03:25:37,680 --> 03:25:40,399
with you that we have our staff meeting

4870
03:25:40,399 --> 03:25:42,319
on the

4871
03:25:42,319 --> 03:25:45,600
first or second Tuesday. Second Tuesday.

4872
03:25:45,600 --> 03:25:48,720
And so what winds up happening is that

4873
03:25:48,720 --> 03:25:50,640
I've got board meetings stacked on top

4874
03:25:50,640 --> 03:25:52,319
of staff meeting. Our staff meeting was

4875
03:25:52,319 --> 03:25:55,520
yesterday. And these are both um really

4876
03:25:55,520 --> 03:25:58,160
important opportunities for us to engage

4877
03:25:58,160 --> 03:25:59,920
with people. Right. I really like the

4878
03:25:59,920 --> 03:26:01,680
opportunity to engage with our staff.

4879
03:26:01,680 --> 03:26:03,760
Love the opportunity to engage with you.

4880
03:26:03,760 --> 03:26:05,439
I'd like to suggest maybe we spread

4881
03:26:05,439 --> 03:26:08,479
those out a little bit. Um, so we could

4882
03:26:08,479 --> 03:26:11,040
look at doing our board meetings the

4883
03:26:11,040 --> 03:26:14,880
third week of the month. This also puts

4884
03:26:14,880 --> 03:26:17,600
us, you know, everybody's coming back

4885
03:26:17,600 --> 03:26:19,520
from the holidays on this date and

4886
03:26:19,520 --> 03:26:20,800
trying to remember what they do for a

4887
03:26:20,800 --> 03:26:24,080
living. And um, so again, this is your

4888
03:26:24,080 --> 03:26:26,239
meeting, so I'll let you guys kind of

4889
03:26:26,239 --> 03:26:28,720
think about these dates. Um, but it

4890
03:26:28,720 --> 03:26:30,960
would be great to, you know, calendar

4891
03:26:30,960 --> 03:26:32,720
these and we can get them on your

4892
03:26:32,720 --> 03:26:34,479
calendars. Um,

4893
03:26:34,479 --> 03:26:35,920
>> 13 works better for me.

4894
03:26:35,920 --> 03:26:37,680
>> And those are the first and second weeks

4895
03:26:37,680 --> 03:26:38,080
of

4896
03:26:38,080 --> 03:26:40,560
>> these are the first and second. So, you

4897
03:26:40,560 --> 03:26:42,800
know, add a week, add a week, add a

4898
03:26:42,800 --> 03:26:43,840
week.

4899
03:26:43,840 --> 03:26:45,680
>> And we can go back and forth, too. We're

4900
03:26:45,680 --> 03:26:48,319
not we're not carved into stone here.

4901
03:26:48,319 --> 03:26:51,439
>> So, I I think I would say that I would

4902
03:26:51,439 --> 03:26:53,359
offer a little later in each month

4903
03:26:53,359 --> 03:26:55,200
generally will work better for us. We'll

4904
03:26:55,200 --> 03:26:57,600
have less conflicts with uh our staff

4905
03:26:57,600 --> 03:26:59,920
meeting or at least less stacking.

4906
03:26:59,920 --> 03:27:01,680
There's not necessarily conflict just

4907
03:27:01,680 --> 03:27:03,600
makes bunch of big meetings back to

4908
03:27:03,600 --> 03:27:04,000
back.

4909
03:27:04,000 --> 03:27:06,800
>> Does anybody have any conflicts later

4910
03:27:06,800 --> 03:27:10,550
January 6?

4911
03:27:10,560 --> 03:27:12,560
» Okay. What about the 20th?

4912
03:27:12,560 --> 03:27:14,800
>> How about So yeah, do you want to check

4913
03:27:14,800 --> 03:27:16,640
your calendars for the 20th? And Cheryl,

4914
03:27:16,640 --> 03:27:18,399
will you

4915
03:27:18,399 --> 03:27:20,160
and then Cheryl when we get some dates

4916
03:27:20,160 --> 03:27:22,000
down

4917
03:27:22,000 --> 03:27:25,359
invite so we block off your

4918
03:27:25,359 --> 03:27:27,600
>> 20th

4919
03:27:27,600 --> 03:27:28,080
>> works

4920
03:27:28,080 --> 03:27:30,880
>> April 21 we just do it for all of them

4921
03:27:30,880 --> 03:27:35,680
>> if you guys Okay. So January 20th,

4922
03:27:35,680 --> 03:27:38,160
>> April 21,

4923
03:27:38,160 --> 03:27:39,600
>> August 25th.

4924
03:27:39,600 --> 03:27:41,200
>> So the important point here is that we'd

4925
03:27:41,200 --> 03:27:42,479
be moving to the

4926
03:27:42,479 --> 03:27:45,600
>> third day of the third week basically in

4927
03:27:45,600 --> 03:27:46,080
the month.

4928
03:27:46,080 --> 03:27:48,640
>> Mike brings up an an important point.

4929
03:27:48,640 --> 03:27:51,359
>> Legislative session starts on 199.

4930
03:27:51,359 --> 03:27:54,160
>> Legislative session starts on the 19th.

4931
03:27:54,160 --> 03:27:55,680
>> Traditionally or historically, we

4932
03:27:55,680 --> 03:27:57,439
haven't presented until the third week,

4933
03:27:57,439 --> 03:27:58,319
>> but you never know.

4934
03:27:58,319 --> 03:28:00,000
So there may be

4935
03:28:00,000 --> 03:28:02,000
maybe we will have to consider an

4936
03:28:02,000 --> 03:28:03,680
adjustment here of doing that board

4937
03:28:03,680 --> 03:28:05,520
meeting right before the week before the

4938
03:28:05,520 --> 03:28:09,510
legislature.

4939
03:28:09,520 --> 03:28:10,800
» Nice.

4940
03:28:10,800 --> 03:28:14,560
>> Yeah. Well, okay. Right. We we have the

4941
03:28:14,560 --> 03:28:17,279
controller of presentation dates sitting

4942
03:28:17,279 --> 03:28:21,200
here with us. So I would be are we do we

4943
03:28:21,200 --> 03:28:24,239
need to be at that first meeting? It's

4944
03:28:24,239 --> 03:28:26,080
just if you want to have the board

4945
03:28:26,080 --> 03:28:27,840
meeting right at the start of the

4946
03:28:27,840 --> 03:28:29,760
session or the week before the session,

4947
03:28:29,760 --> 03:28:30,960
>> you probably don't need to be at that

4948
03:28:30,960 --> 03:28:32,080
first session.

4949
03:28:32,080 --> 03:28:34,080
>> I can be

4950
03:28:34,080 --> 03:28:35,040
someone else can date.

4951
03:28:35,040 --> 03:28:36,720
>> We can certainly find a way to cover it.

4952
03:28:36,720 --> 03:28:38,319
Yeah.

4953
03:28:38,319 --> 03:28:40,000
Do the board meeting. It's just whether

4954
03:28:40,000 --> 03:28:40,479
we have

4955
03:28:40,479 --> 03:28:42,239
>> We can just do that meeting on the 13th

4956
03:28:42,239 --> 03:28:42,720
and

4957
03:28:42,720 --> 03:28:44,319
>> and do the other ones on the third.

4958
03:28:44,319 --> 03:28:46,000
>> What if we do this one on the 13th and

4959
03:28:46,000 --> 03:28:48,800
do the rest of them on the third week?

4960
03:28:48,800 --> 03:28:50,720
You guys okay on the 13th? Is that

4961
03:28:50,720 --> 03:28:51,600
January?

4962
03:28:51,600 --> 03:28:53,439
>> Yeah. And if we need to, we'll move

4963
03:28:53,439 --> 03:28:55,760
staff meeting.

4964
03:28:55,760 --> 03:28:58,880
>> Okay. January 13th. Neil, is that gonna

4965
03:28:58,880 --> 03:29:00,560
be okay with whatever you had on?

4966
03:29:00,560 --> 03:29:02,080
>> Yeah, I just have a conference on the

4967
03:29:02,080 --> 03:29:03,760
6th through like whatever the end of the

4968
03:29:03,760 --> 03:29:04,720
week.

4969
03:29:04,720 --> 03:29:06,160
>> Okay. Spending the morning with us on

4970
03:29:06,160 --> 03:29:08,080
the 13th.

4971
03:29:08,080 --> 03:29:09,760
>> Yeah, the 13th should be fine. That's

4972
03:29:09,760 --> 03:29:11,600
the following week, correct?

4973
03:29:11,600 --> 03:29:14,160
>> Yeah, that's okay.

4974
03:29:14,160 --> 03:29:16,479
>> Okay. And in August, the 18th is

4975
03:29:16,479 --> 03:29:18,319
actually the third week. Our staff

4976
03:29:18,319 --> 03:29:20,960
meeting is the 10th. It starts beginning

4977
03:29:20,960 --> 03:29:23,439
of the month. So, okay, the 25th would

4978
03:29:23,439 --> 03:29:24,640
be the fourth week. That's fine if you

4979
03:29:24,640 --> 03:29:29,349
want to do it then. Whatever.

4980
03:29:29,359 --> 03:29:32,160
» Why don't we stick with that third week?

4981
03:29:32,160 --> 03:29:35,680
>> Okay. So, January 13th January 13th,

4982
03:29:35,680 --> 03:29:40,229
>> April 21st

4983
03:29:40,239 --> 03:29:44,710
» and August 18th.

4984
03:29:44,720 --> 03:29:46,319
» Yes.

4985
03:29:46,319 --> 03:29:46,960
Okay. [clears throat]

4986
03:29:46,960 --> 03:29:49,279
>> I'll send

4987
03:29:49,279 --> 03:29:52,239
>> Okay. Thank you very much. Yeah.

4988
03:29:52,239 --> 03:29:53,920
>> Uh and then board field trip. I don't

4989
03:29:53,920 --> 03:29:55,359
know. Let's talk about it on this field

4990
03:29:55,359 --> 03:29:56,960
trip. We'll talk about where where to

4991
03:29:56,960 --> 03:29:57,760
take you guys.

4992
03:29:57,760 --> 03:29:59,840
>> Los back. I'll put that out there. We've

4993
03:29:59,840 --> 03:30:01,439
got a bunch of new stuff that's

4994
03:30:01,439 --> 03:30:03,200
happened. What? It could be like Cash

4995
03:30:03,200 --> 03:30:05,840
Valley and down more of a local trip.

4996
03:30:05,840 --> 03:30:06,720
>> That's an option.

4997
03:30:06,720 --> 03:30:08,160
>> I so much.

4998
03:30:08,160 --> 03:30:09,040
>> I like it.

4999
03:30:09,040 --> 03:30:11,200
>> Yeah. Little cheaper.

5000
03:30:11,200 --> 03:30:14,135
>> Could be cheaper. Yeah. offset the cost

5001
03:30:14,135 --> 03:30:17,110
[laughter]

5002
03:30:17,120 --> 03:30:20,399
out over three three years. [laughter]

5003
03:30:20,399 --> 03:30:23,439
>> So I I had one last point before we we

5004
03:30:23,439 --> 03:30:26,800
formally close quickly. Um the geologic

5005
03:30:26,800 --> 03:30:29,200
mapping group is overseen by a state map

5006
03:30:29,200 --> 03:30:32,870
advisory councly

5007
03:30:32,880 --> 03:30:37,920
Becky. Um she is more or less ready to

5008
03:30:37,920 --> 03:30:39,840
step down from that role.

5009
03:30:39,840 --> 03:30:42,800
>> Yeah. Well, I I want to say I've been

5010
03:30:42,800 --> 03:30:47,760
the the chair of this map for six years.

5011
03:30:47,760 --> 03:30:50,000
I keep thinking it's eight years because

5012
03:30:50,000 --> 03:30:53,600
I was a member of this this map for two

5013
03:30:53,600 --> 03:31:01,120
years uh when I was working and I thought, well, wait a minute.

5014
03:31:01,120 --> 03:31:03,040
Okay, I've been a chair for six years.

5015
03:31:03,040 --> 03:31:05,760
Well, maybe somebody else

5016
03:31:05,760 --> 03:31:08,640
uh on the board would like the

5017
03:31:08,640 --> 03:31:12,319
opportunity uh because

5018
03:31:12,319 --> 03:31:16,720
it's fun, it's interesting, and now

5019
03:31:16,720 --> 03:31:20,800
Stefan has it down to the science. I

5020
03:31:20,800 --> 03:31:23,760
mean, the he's he's got the process

5021
03:31:23,760 --> 03:31:28,479
worked out. It's it's efficient. Uh they

5022
03:31:28,479 --> 03:31:31,840
get all their deliverables in on time.

5023
03:31:31,840 --> 03:31:38,000
Uh, it's it's it's it's great. Um, so

5024
03:31:38,000 --> 03:31:41,040
I thought just maybe it was time for me

5025
03:31:41,040 --> 03:31:44,080
to see if anybody else would would like

5026
03:31:44,080 --> 03:31:45,279
to do it.

5027
03:31:45,279 --> 03:31:47,840
>> Yeah. And we've almost always had, well,

5028
03:31:47,840 --> 03:31:49,840
I should say, as far as I can tell, we

5029
03:31:49,840 --> 03:31:51,840
have always had a Smack chair that has

5030
03:31:51,840 --> 03:31:53,920
been a board member, either current or

5031
03:31:53,920 --> 03:31:56,399
past. It's a really good fit for this

5032
03:31:56,399 --> 03:31:58,560
role because you understand the survey

5033
03:31:58,560 --> 03:32:00,080
and you broadly understand what's going

5034
03:32:00,080 --> 03:32:02,720
on in Utah. The actual commitment comes

5035
03:32:02,720 --> 03:32:05,279
down to basically we have a half-day

5036
03:32:05,279 --> 03:32:07,520
meeting in late October that you attend

5037
03:32:07,520 --> 03:32:10,160
and kind of run as a chairperson where

5038
03:32:10,160 --> 03:32:12,800
we go over uh the program and then what

5039
03:32:12,800 --> 03:32:16,319
our proposal will be and then after that

5040
03:32:16,319 --> 03:32:18,640
uh you prepare a letter of support

5041
03:32:18,640 --> 03:32:20,560
basically for our proposal. Those are

5042
03:32:20,560 --> 03:32:22,160
the two primary tasks. So it's a

5043
03:32:22,160 --> 03:32:25,520
relatively low lift. Um, I put it out

5044
03:32:25,520 --> 03:32:27,200
there to this group. Again, I would

5045
03:32:27,200 --> 03:32:29,760
really love if one of the board members

5046
03:32:29,760 --> 03:32:30,479
uh would be willing.

5047
03:32:30,479 --> 03:32:31,760
>> What's your date in October?

5048
03:32:31,760 --> 03:32:34,000
>> I think it's the We haven't quite set

5049
03:32:34,000 --> 03:32:35,840
that. We usually do it the either Monday

5050
03:32:35,840 --> 03:32:39,359
or Tuesday of the final week of October.

5051
03:32:39,359 --> 03:32:41,520
>> Do Tuesday instead of Monday

5052
03:32:41,520 --> 03:32:42,720
>> that love to sign up

5053
03:32:42,720 --> 03:32:45,120
>> if you're interested. I mean, again, I

5054
03:32:45,120 --> 03:32:47,120
think you Riley, you could be a

5055
03:32:47,120 --> 03:32:49,279
wonderful candidate for this.

5056
03:32:49,279 --> 03:32:52,319
>> I'm opinionated about that. [laughter]

5057
03:32:52,319 --> 03:32:54,160
Well, and and and that's and and

5058
03:32:54,160 --> 03:32:55,760
actually that's what we're looking for,

5059
03:32:55,760 --> 03:32:58,080
right? And and actually any of you guys

5060
03:32:58,080 --> 03:33:01,040
would make great Smack members as well.

5061
03:33:01,040 --> 03:33:04,160
And the input is really important. Where

5062
03:33:04,160 --> 03:33:06,399
do we go next? And what are the drivers

5063
03:33:06,399 --> 03:33:08,720
for where we're mapping, right? Is it

5064
03:33:08,720 --> 03:33:10,720
development related?

5065
03:33:10,720 --> 03:33:14,000
>> Is it industry? [laughter] Right. Riley

5066
03:33:14,000 --> 03:33:17,680
is vocal and opinionated

5067
03:33:17,680 --> 03:33:18,960
as you all should be.

5068
03:33:18,960 --> 03:33:20,399
>> Yeah. The committee is a group right

5069
03:33:20,399 --> 03:33:22,479
now. I think we have 20 people who are

5070
03:33:22,479 --> 03:33:25,200
on the committee as state folks who are

5071
03:33:25,200 --> 03:33:27,359
have some [clears throat] vested

5072
03:33:27,359 --> 03:33:28,640
interest in mapping.

5073
03:33:28,640 --> 03:33:29,920
>> Doug's probably on it.

5074
03:33:29,920 --> 03:33:32,880
>> No, Doug is not. Um we have the previous

5075
03:33:32,880 --> 03:33:34,880
mappers commonly attend some of the

5076
03:33:34,880 --> 03:33:37,279
retired folks. Interestingly enough, we

5077
03:33:37,279 --> 03:33:38,800
have representatives from all the

5078
03:33:38,800 --> 03:33:41,359
universities and then all the principal

5079
03:33:41,359 --> 03:33:44,399
um kind of areas of geologic work like

5080
03:33:44,399 --> 03:33:47,520
groundwater hazards, minerals, soil and

5081
03:33:47,520 --> 03:33:49,279
gas, all that kind of stuff. So

5082
03:33:49,279 --> 03:33:53,439
>> BLM form for service federal partners.

5083
03:33:53,439 --> 03:33:55,279
>> Yeah, that's the goal is to get the user

5084
03:33:55,279 --> 03:33:57,359
community and make sure that whatever

5085
03:33:57,359 --> 03:33:59,120
we're doing with mapping or field

5086
03:33:59,120 --> 03:34:04,070
geology in the state.

5087
03:34:04,080 --> 03:34:04,960
» Yeah.

5088
03:34:04,960 --> 03:34:11,238
>> Okay. Well, you're you're hired as far.

5089
03:34:11,248 --> 03:34:15,510
[laughter]

5090
03:34:15,520 --> 03:34:17,439
» Yeah, that's great. Thank you. Yeah,

5091
03:34:17,439 --> 03:34:19,680
this kind of the insights that you guys

5092
03:34:19,680 --> 03:34:22,160
bring are important for us, right? We

5093
03:34:22,160 --> 03:34:24,080
don't work in a vacuum and we're not

5094
03:34:24,080 --> 03:34:25,840
sitting around here doing science for

5095
03:34:25,840 --> 03:34:27,279
the sake of doing science. We have a

5096
03:34:27,279 --> 03:34:29,600
mission and we want to make sure that,

5097
03:34:29,600 --> 03:34:30,899
you know, we're we're going in

5098
03:34:30,899 --> 03:34:31,920
[clears throat] the right direction. The

5099
03:34:31,920 --> 03:34:35,840
support is a great piece of that for us.

5100
03:34:35,840 --> 03:34:36,560
So,

5101
03:34:36,560 --> 03:34:39,520
>> oh, and [clears throat] uh just got the

5102
03:34:39,520 --> 03:34:43,520
award from USG USGS.

5103
03:34:43,520 --> 03:34:45,120
>> Yeah, we did. I didn't see that on our

5104
03:34:45,120 --> 03:34:46,880
thing, but we had a record state map

5105
03:34:46,880 --> 03:34:48,399
award.

5106
03:34:48,399 --> 03:34:51,040
So 660 for two years of federal money.

5107
03:34:51,040 --> 03:34:54,319
So total value is about 1.3

5108
03:34:54,319 --> 03:34:56,479
worth of mapping. And then we funded a

5109
03:34:56,479 --> 03:34:58,960
bunch of because state map is like a

5110
03:34:58,960 --> 03:35:00,319
Swiss Army knife. We've funded some

5111
03:35:00,319 --> 03:35:02,479
other interesting things. a 3D study on

5112
03:35:02,479 --> 03:35:05,279
the mangos in the UA basin that Ryan G

5113
03:35:05,279 --> 03:35:07,520
do and then a stratographic study of the

5114
03:35:07,520 --> 03:35:09,439
Cedar Mountain formation that Jim

5115
03:35:09,439 --> 03:35:12,800
Kirkland to try to capture his knowledge

5116
03:35:12,800 --> 03:35:17,910
of that unit. So

5117
03:35:17,920 --> 03:35:20,080
» it starts it'll start technically start

5118
03:35:20,080 --> 03:35:22,239
in like November

5119
03:35:22,239 --> 03:35:24,720
>> or not November sorry uh September. I

5120
03:35:24,720 --> 03:35:26,960
was gonna make our match grant curve go

5121
03:35:26,960 --> 03:35:28,560
back up again.

5122
03:35:28,560 --> 03:35:35,590
>> Not significantly. [laughter]

5123
03:35:35,600 --> 03:35:38,319
We I'm not afraid brand match. It's, you

5124
03:35:38,319 --> 03:35:40,000
know, it's what we do, right? We just

5125
03:35:40,000 --> 03:35:41,680
want to make sure that it's it's really

5126
03:35:41,680 --> 03:35:43,439
strategically deployed.

5127
03:35:43,439 --> 03:35:45,680
>> We were lucky because as staff

5128
03:35:45,680 --> 03:35:48,640
mentioned, we have those 0% that the

5129
03:35:48,640 --> 03:35:52,870
offset offet

5130
03:35:52,880 --> 03:35:54,800
map will be comparable next year.

5131
03:35:54,800 --> 03:35:56,399
>> Yeah. I mean most of the match that

5132
03:35:56,399 --> 03:35:57,920
you're seeing there is state map anyway

5133
03:35:57,920 --> 03:36:00,239
and state map is remarkably consistent.

5134
03:36:00,239 --> 03:36:03,920
We always get plus or minus about 10% of

5135
03:36:03,920 --> 03:36:07,359
that amount. So it's usually 600ishk

5136
03:36:07,359 --> 03:36:11,750
worth of match to fund.

5137
03:36:11,760 --> 03:36:15,520
» Any questions or followups before we

5138
03:36:15,520 --> 03:36:18,160
close out? Any thoughts from Brian's

5139
03:36:18,160 --> 03:36:21,840
presentation or our finances or anything

5140
03:36:21,840 --> 03:36:24,560
else that

5141
03:36:24,560 --> 03:36:25,200
>> Yes,

5142
03:36:25,200 --> 03:36:27,279
>> this isn't profound or anything, but I

5143
03:36:27,279 --> 03:36:29,040
have a little house in Moab and I might

5144
03:36:29,040 --> 03:36:31,760
be down there in October and I'm want to

5145
03:36:31,760 --> 03:36:34,319
go on the field trip obviously, but

5146
03:36:34,319 --> 03:36:36,880
>> if I do decide to do that, can I just be

5147
03:36:36,880 --> 03:36:37,920
there? Yes.

5148
03:36:37,920 --> 03:36:39,120
>> Get picked up by the

5149
03:36:39,120 --> 03:36:41,200
>> You could get picked up by the For sure.

5150
03:36:41,200 --> 03:36:43,040
It's It's Oh, as opposed to take the

5151
03:36:43,040 --> 03:36:44,960
plane. Yeah, because we do again we have

5152
03:36:44,960 --> 03:36:46,960
to we do have the the two of the cars

5153
03:36:46,960 --> 03:36:49,120
we'll have to drive to the day before.

5154
03:36:49,120 --> 03:36:51,120
>> So the one catch would be if if you're

5155
03:36:51,120 --> 03:36:52,319
going to do that let us know. We'll need

5156
03:36:52,319 --> 03:36:54,640
to get your room in Monument Valley for

5157
03:36:54,640 --> 03:36:56,080
the sixth.

5158
03:36:56,080 --> 03:36:58,720
>> Okay. I will make that decision in the

5159
03:36:58,720 --> 03:37:00,319
next week. [clears throat]

5160
03:37:00,319 --> 03:37:01,520
>> Okay. Get back.

5161
03:37:01,520 --> 03:37:04,720
>> Okay. Let us know on the plane. So we

5162
03:37:04,720 --> 03:37:07,600
might do some math.

5163
03:37:07,600 --> 03:37:08,720
>> Okay.

5164
03:37:08,720 --> 03:37:10,800
>> It's just a great time to be down there.

5165
03:37:10,800 --> 03:37:12,720
It is a great time to be out there. And

5166
03:37:12,720 --> 03:37:14,000
yeah, if you want to get picked up on

5167
03:37:14,000 --> 03:37:15,520
the way, it'll just it'll cut into your

5168
03:37:15,520 --> 03:37:16,720
time a little bit because they'll pick

5169
03:37:16,720 --> 03:37:18,960
you up a day earlier because everybody

5170
03:37:18,960 --> 03:37:23,200
has the vehicles. It's it's a hall. So,

5171
03:37:23,200 --> 03:37:24,720
sure. Yeah. Whatever works out for you.

5172
03:37:24,720 --> 03:37:26,399
Is everybody else

5173
03:37:26,399 --> 03:37:29,840
>> on board with um riding down on the on

5174
03:37:29,840 --> 03:37:31,680
the state plane? I'll just go back to

5175
03:37:31,680 --> 03:37:32,880
this.

5176
03:37:32,880 --> 03:37:35,439
>> Um everybody else is planning on coming.

5177
03:37:35,439 --> 03:37:36,960
>> You're cool with us just leaving the

5178
03:37:36,960 --> 03:37:39,600
cars here at the course a little?

5179
03:37:39,600 --> 03:37:42,239
Yes. Uh, no, you'll be leaving. Yes,

5180
03:37:42,239 --> 03:37:44,399
you'll be meeting here. So, your cars

5181
03:37:44,399 --> 03:37:47,520
will be be secured behind the gate. Then

5182
03:37:47,520 --> 03:37:50,880
we will carpool you over to general

5183
03:37:50,880 --> 03:37:54,880
aviation, which is where the state plane

5184
03:37:54,880 --> 03:37:56,880
um takes off from. You'll get a safety

5185
03:37:56,880 --> 03:37:59,680
briefing before you hop on the plane. It

5186
03:37:59,680 --> 03:38:02,479
is a small plane. So, yeah, it's not

5187
03:38:02,479 --> 03:38:04,080
like

5188
03:38:04,080 --> 03:38:07,359
it's not a jet. It's a Beachcraft. When

5189
03:38:07,359 --> 03:38:09,600
you park, I suggest not parking along

5190
03:38:09,600 --> 03:38:12,000
the fence line because we've had damaged

5191
03:38:12,000 --> 03:38:14,239
vehicles right along the fence line. So,

5192
03:38:14,239 --> 03:38:17,760
park in

5193
03:38:17,760 --> 03:38:19,520
>> I guess they can throw things.

5194
03:38:19,520 --> 03:38:22,115
>> Yeah.

5195
03:38:22,115 --> 03:38:24,790
[laughter]

5196
03:38:24,800 --> 03:38:26,560
» There is there is some talk we're

5197
03:38:26,560 --> 03:38:29,120
starting to talk formally about this DNR

5198
03:38:29,120 --> 03:38:30,960
campus.

5199
03:38:30,960 --> 03:38:34,640
>> So, including the course. So,

5200
03:38:34,640 --> 03:38:37,600
>> it's it's coming for us. Uh we will

5201
03:38:37,600 --> 03:38:38,960
probably need some sort of building

5202
03:38:38,960 --> 03:38:40,560
block or something when it comes time to

5203
03:38:40,560 --> 03:38:42,239
think about a new home for the core

5204
03:38:42,239 --> 03:38:44,479
center. Expensive to move

5205
03:38:44,479 --> 03:38:46,399
>> uh two to three years. The core center

5206
03:38:46,399 --> 03:38:48,640
is a big thing that we will probably

5207
03:38:48,640 --> 03:38:51,920
need. We're going to need board help to make sure that we get it done

5208
03:38:51,920 --> 03:38:53,840
properly. They're going to downsize this

5209
03:38:53,840 --> 03:38:56,160
too because life sucks and then we die.

5210
03:38:56,160 --> 03:38:57,520
But

5211
03:38:57,520 --> 03:38:59,200
>> this I'm glad you brought that up

5212
03:38:59,200 --> 03:39:00,720
because this is a topic that we might

5213
03:39:00,720 --> 03:39:03,439
want to address in more detail at future

5214
03:39:03,439 --> 03:39:05,279
board meeting kind of planning about

5215
03:39:05,279 --> 03:39:07,840
this potential move, right? Because and

5216
03:39:07,840 --> 03:39:09,600
what it's going to take because the the

5217
03:39:09,600 --> 03:39:10,800
core center is a big deal.

5218
03:39:10,800 --> 03:39:12,640
>> It is a big deal. We have dealer

5219
03:39:12,640 --> 03:39:14,560
leadership on board. They realize how

5220
03:39:14,560 --> 03:39:19,040
important this facility is. Um but um it

5221
03:39:19,040 --> 03:39:21,120
is it's coming and so I think we just

5222
03:39:21,120 --> 03:39:24,000
need to plan for it. Um do the cost to

5223
03:39:24,000 --> 03:39:26,160
move. have a I've asked ammon and Mike

5224
03:39:26,160 --> 03:39:28,080
to put together a pretty comprehensive

5225
03:39:28,080 --> 03:39:29,680
proposal about what we need for a new

5226
03:39:29,680 --> 03:39:33,120
core center facility like needs needs

5227
03:39:33,120 --> 03:39:35,439
and wants right larger education center

5228
03:39:35,439 --> 03:39:37,520
better viewing area better temperature

5229
03:39:37,520 --> 03:39:40,560
control you know so I think I think this

5230
03:39:40,560 --> 03:39:43,359
is a plus for us on the downside it's

5231
03:39:43,359 --> 03:39:45,200
just going to be painful to go through

5232
03:39:45,200 --> 03:39:48,399
it so more capacity we've got we're

5233
03:39:48,399 --> 03:39:50,239
turning core away that we could be

5234
03:39:50,239 --> 03:39:53,359
bringing in so I think I actually think

5235
03:39:53,359 --> 03:39:55,359
that this is a great opportunity for us.

5236
03:39:55,359 --> 03:39:57,040
It's just going to be it's going to be

5237
03:39:57,040 --> 03:39:58,239
hard. We're going to need a little help

5238
03:39:58,239 --> 03:40:01,040
from the legislature to to move. I don't

5239
03:40:01,040 --> 03:40:02,560
know if you've been Yes, you have been

5240
03:40:02,560 --> 03:40:05,439
back there. So, Lacy has seen what's

5241
03:40:05,439 --> 03:40:07,200
back there. So, we'll work together on

5242
03:40:07,200 --> 03:40:11,680
that. But again, I'm optimistic about the outcome for this.

5243
03:40:11,680 --> 03:40:14,080
>> You stay in Southern Valley. You go to

5244
03:40:14,080 --> 03:40:14,640
Valley.

5245
03:40:14,640 --> 03:40:18,479
>> Um the court

5246
03:40:18,479 --> 03:40:19,680
possibly just right down the street.

5247
03:40:19,680 --> 03:40:21,200
It's very likely that we'll be in this

5248
03:40:21,200 --> 03:40:23,920
northwest quadrant part of Salt Lake.

5249
03:40:23,920 --> 03:40:26,479
>> And there's a lot there is a lot of

5250
03:40:26,479 --> 03:40:28,880
existing warehouse.

5251
03:40:28,880 --> 03:40:30,560
>> We'll see. We don't want

5252
03:40:30,560 --> 03:40:36,309
>> Yeah, we'll be okay.

5253
03:40:36,319 --> 03:40:38,479
» Really appreciate it. Very good.

5254
03:40:38,479 --> 03:40:43,990
>> Very good. Thank you.

5255
03:40:44,000 --> 03:40:45,200
» Where's the prison?

5256
03:40:45,200 --> 03:40:46,880
>> Well, it's going to be easy for the mic

5257
03:40:46,880 --> 03:40:50,147
because it's right by [snorts]

5258
03:40:50,147 --> 03:40:53,412
>> [clears throat]

5259
03:40:53,422 --> 03:40:54,720
[laughter]

5260
03:40:54,720 --> 03:41:04,469
>> is 1210 and we formally now the meeting

5261
03:41:04,479 --> 03:41:12,229
board meeting

5262
03:41:12,239 --> 03:41:14,479
is