Corvus Gold (KOR.T) stock is up 10% (at press time) after hitting high grade intercepts at the North Bullfrog project in Nevada. The company is hoping that a 19,000 meter drill program this year will expand the deposit and that they will find additional high grade ounces. If the deposit is large enough at a decent grade Corvus could… Continue Reading
Nighthawk Gold (NHK.TSXV) management beleive they are developing Canada’s next gold camp at the Indin Lake property 200 km north of Yellowknife in the North West Territories. The Indin Lake camp already has an inferred resource of 2.1 million ounces of 1.64 g/t gold over a large land package. The team at Nighthawk put in a $7.5 million dollar… Continue Reading
The bear market in gold stocks continues with many of the more notable names hitting 52 week lows during the past few days. Barrick, the world’s largest gold producer (Barrick Gold: ABX.T) hit a low of $14.80, down from $55 just three years ago. Gold equities have been extremely volatile in the past year, creating… Continue Reading
Alamos Gold (AGI.T) just posted a small third quarter loss of $2.23 million as production was impacted by heavy rainfall. It was the company’s first quarterly loss of the year but investors can expect a stronger fourth quarter. I listened to the Q3 earnings call this morning to get the latest on the Alamos story.… Continue Reading
At the Subscriber Investment Summit in Vancouver on October 9th, Red Eagle Mining’s (RD.TSXV) CEO, Ian Slater, explained why his Colombian gold development company is undervalued. Red Eagle’s Santa Rosa project has some of the best economics of any gold development project in the world, with a 52% after-tax internal rate of return (IRR) and a… Continue Reading
Nelson Bunker Hunt passed away this morning at the age of 88 after a battle with Alzheimers disease. Nelson and his brother W. Hebert Hunt are famous for trying to corner the silver market back in 1980. The Hunt brothers managed to drive the price of silver to a record high of $49.45 per ounce… Continue Reading
Nautilus Minerals (NUS.T) has ambitious plans to be the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted a mining license in January 2011 for the Solwara 1 prospect in the territorial waters of Papua New Guinea. In April, the government of Papua New Guinea agreed on terms to become… Continue Reading
Platinum Group Metals (PTM.T) has had 24 drill rigs turning on the Waterberg joint venture and Waterberg Extension projects. The drilling program has been successful at expanding and detailing the Waterberg T, F and Super F Zones. An updated resource estimate is under way which will be followed by a Pre-Feasibility study. Platinum Group owns 49.9% percent… Continue Reading
With construction under way at the Karma project True Gold Mining (TGM.V) has released a PEA on its North Kao Deposit, showing that it contains 312,000 inferred gold ounces at a grade of .98 grams per tonne. As the North Kao deposit is located in close proximity to the planned Karma processing facilities the economics… Continue Reading
Grenville Strategic Royalty Corporation (GRC.V) is any interesting non resource stock that is worth taking a look at. Grenville seeks a highly diversified portfolio of small royalties based on a percentage of revenues in well-managed companies. The company is still fairly small and is trading at 67 cents per share with a ~$38 million dollar… Continue Reading
Solitario (SLR.T) and joint venture partner Ely Gold (ELY.V) have released an NI 43-101 Feasibility Study on the Mt. Hamilton project in Nevada. The project is on track to become one of Nevada’s newest gold producers and shows positive economics. The next major step will be to close project financing. The Feasibility Study is an update from a… Continue Reading
Richmont Mines (RIC.T) stock is on a tear since early June providing shareholders an excellent return in the last five months. The company today named Renuad Adams as president and CEO. The announcement comes just one day after Renaud resigned from his position of president and COO at Primero Gold. Richmont had been looking for a… Continue Reading
The season premiere of CBC’s popular show Dragons Den aired last night in Canada. The new season features two new dragons, Vikram Vij and Michael Wekerle who are expected to breathe new fire into the show. The hit show enters season 9 with Vij and Wekerle replacing the popular duo of Kevin O’Leary and Bruce Croxon.… Continue Reading
Seabridge Gold (SEA.T) is developing the monster KSM deposit in British Columbia. The project already boasts proven and probable reserves of 38.2 million ounces of gold and 9.9 billion pounds of copper. Drill results from the Lower Cap zone are outlining a major new copper-gold discovery below the Iron Cap zone. Seabridge ranks seventh when it comes… Continue Reading
Arian Silver (AGQ.v) announced a $32 million financing with Quintana today. If the deal closes it will be one of the first base metals (lead-zinc) streaming deals completed in the mining space. Arian Silver will use the funds to continue plant construction at the San Jose mine in Mexico. The $32 million dollar financing will be broken… Continue Reading
