Coming off the back of the recent early-stage discovery made by NexGen Energy (NXE:TSXV) yesterday, Skyharbour Resources (SYH:TSXV) and their joint venture partners have announced they have completed their gravity surveys on the Preston Lake project located in the Patterson Lake South region. The gravity survey identified 23 gravity low anomalies which the company will follow up… Continue Reading
After announcing the stock was halted yesterday morning, all eyes have been on the newswires for NexGen (NXE:TSXV) in anticipation of a new Athabasca Basin uranium discovery. Well, the anticipation is over and the company has made a discovery. Alright, an early-stage discovery. This find comes in an unexpected area which means more drilling is warranted… Continue Reading
Anticipation is building to find out what’s going on with NexGen Energy (TSXV:NXE). The company’s shares were halted before the opening bell this morning, and remain halted at press time (11:11amPST). NexGen is currently one month into a drill program at their Rook 1 project in Saskatchewan’s SW Athabasca Basin, a property which is adjacent… Continue Reading
Recently, we had the pleasure of sitting down with two of exploration geology’s brightest young stars; Dr. Alan Wainwright and Daniel MacNeil. Dr. Wainwright (Chief Geologist) and Mr. MacNeil (Project Acquisition and Development) allowed us to visit them in the humble Vancouver offices of their current venture, Desert Star Resources (DSR:TSXV). Mr. MacNeil has over… Continue Reading
This morning, Pretium Resources (PVG:TSX) hosted a web conference from Toronto’s St. Andrews Club which was intended to shed light on the Valley of the Kings resource estimate at their Brucejack project. The presentation was led by Ivor Jones, an Executive Consultant with Snowden Mining Industry Consultants as well as Robert Quartermain (President and CEO,… Continue Reading
This morning, Canada Carbon (CCB:TSXV) released further drill results from the winter exploration program being done at their Miller graphite project in Quebec. Since discovering the VN3 vein in December, the company has focused exploration work there. In hole DDH13-15, they intersected 1.8m of 48.6% Cg including a 0.5m intersection of 63.2% Cg. This hole… Continue Reading
Virginia Mines (VGQ:TSX), a hybrid between an exploration company and a royalty company, has signed an agreement between three Quebec institutions to help finance $28 million worth of expedited exploration at the company’s Coulon massive-sulphide prospect in Quebec. The financing group included SODEMEX Developpement LP (a subsidiary of the Caisse de depot et placement du Quebec)… Continue Reading
Endeavour Mining Delivers 324k oz in 2013, Forecasts 400k to 440k oz in 2014. All in costs: $985-$1070 Today, after the Canadian markets closed, Endeavour Mining (EDV:TSX) released their 2013 fiscal year end numbers as well as an official outlook for fiscal 2014. The company produced a total of 324,275 ounces of gold in 2013 which… Continue Reading
Desert Star Resources (TSXV:DSR) is a junior exploration company being proactive in this market. Last year they picked up six exploration projects in the U.S., each with big potential. Of particular note are their Red Top, Copper King and Copper Springs projects in Arizona, as well as their Oro project in New Mexico. A map of their… Continue Reading
Nearly one month into 2014 we have decided to separate the wheat from the chaff and identify the 5 most promising charts in the junior space: Click to enlarge Alderon Iron Ore Corp. (ADV.TO) Alderon, with its partner Hebei Iron and Steel, are set to move its Kami iron ore project in Quebec’s Labrador Trough… Continue Reading
According to reports this afternoon the rumor that Edgecrest Capital was in talks to acquire Stonecap Securities appear to be true as the two announced the acquisition after the market closed today. The price wasn’t disclosed, but the move by Edgecrest allows them to enter the US market via Stonecap’s FINRA registration without having to go… Continue Reading
Michael “the Wek” Wekerle, the fast talking Canadian investing legend and Chairman of Difference Capital, took to the stage at the Cambridge House CanTech Investment Conference in Toronto earlier this month to promote his firm and Canada’s technology sector. Here are some of the more memorable of the Wek’s quotes: “I don’t think anybody has… Continue Reading
Fission Uranium Corp (TSXV:FCU) released the first five holes from its winter drill program at the Patterson Lake South (PLS) uranium project in the Southwestern Athabasca Basin region of Northern Saskatchewan. Hole PLS14-129 (line 600E), with 36.72 meters of off-scale (>9999 cps) mineralization at shallow depth, was the best hole drilled at PLS to date by… Continue Reading
This morning Dalradian Resources Inc. (TSX:DNA), a Toronto, Canada-based junior mining company developing the Curraghinalt gold deposit in Northern Ireland, announced a $12.075 million bought deal financing of $0.70 units with a $0.90 half warrant good for 12 months from the closing date which is anticipated to be Feb 19, 2014. The syndicate of underwriters will be… Continue Reading
Cambridge, England is a university town that hosts a house of higher learning. Cambridge House is a Howe Street abode, a dwelling where hope, fear and greed each have rooms on the same floor (and share a bathroom). And floors and bottoms, of the TSX Venture variety, were something of a theme at this year’s… Continue Reading
