Mining cycles are Doug Eaton’s stock in trade, which helps explain why the Strategic Metals CEO is remarkably zen given the state of junior mining markets – and his company’s share price. The veteran Yukon geologist has made a career out of using cycle bottoms to sow the seeds of success before harvesting closer to the… Continue Reading
Uranium explorer Kivalliq Energy Corp. released drill results from a new discovery at its Nunavut property earlier this week, and CEO Jim Paterson and president Jeff Ward stopped by the CEO.CA office in Vancouver to talk about it. Through a terrible market for junior mining companies generally and uranium plays specifically, Kivalliq has managed to… Continue Reading
In a junior mining sector where financing drought continues to be the rule, Kaminak Gold continues to cash in and attract deep-pocketed shareholders. On Monday the Yukon gold developer announced a $22.5-million financing and a significant new shareholder: billionaire Thomas Kaplan’s Electrum Strategic Opportunities Fund LP. Existing shareholders Ross Beaty and Lundin trust Zebra Holdings… Continue Reading
Kaminak Gold – (KAM:TSX) – Kaminak has released drill results from the Kona North and Dolce areas of the Coffee gold project in the Yukon. Kona North is 1km north of the Kona deposit while Dolce is 1.1 km south. The Kona deposit is small and contributed ~26,000 recoverable oxide gold ounces to the Coffee… Continue Reading
Independence Gold- (IGO:TSXV) – Cash rich Independence Gold is out with a $1.8 million exploration budget for summer work in the Yukon. Work will be completed on the Boulevard and Henderson projects located in the White Gold area south of Dawson City. The drill programs are expected to begin in the middle of June and total… Continue Reading
Here are a couple stories that caught my eye this morning and some thoughts on each news release. Reservoir Minerals – (RMC:TSXV) – A corporate update this morning from Reservoir and their partner Freeport-McMoRan on the Timok project in Serbia. A 2015 budget of $18.7 million will be used to move project forward towards the completion… Continue Reading
