Micro-cap African explorer, Legend Gold (LGN:TSXV) has closed the acquisition of several exploration assets in Mali from Endeavour Mining (EDV:TSX) and has also acquired a private Canadian exploration company called Corado Resources which has assets in the Congo.  Legend recently rolled back their shares 6:1, giving them a total share count of 13.4 million and… Continue Reading

Carpathian Gold (CPN:TSX) has closed its second tranche of a planned $16 million equity raise led by Cormark and Macquarie.  Surprisingly, the bought deal was fully subscribed to including the underwriter’s purchase of $3.4 million worth of stock which enabled the company to raise a total of over $19.4 million.  This is a good sign… Continue Reading

The following commentary has been provided by Lawrence Roulston. Mr Roulston is an economic geologist and the editor of Resource Opportunities, a subscriber funded newsletter uncovering opportunities for wealth creation in natural resources stocks. We are subscribers of Mr. Roulston’s and follow him at conferences. Sign up for a free report from Mr. Roulston today.… Continue Reading

No time to write. May be surprise assays soon from Ivanhoe Mines’ Gabon gold property. Attached are photos from Drc Kamoa and Kipushi projects. Kamoa is likely biggest high grade copper property in world. In SA now at Flatreef Platreef … the African Minerals property that has been in Ivanhoe family since 1991. Platinum nickel… Continue Reading

Alpha Minerals and Fission Uranium each own 50% of the Patterson Lake South (PLS) project in Northern Saskatchewan. PLS is the most exciting mineral discovery in recent times for its potential size, high grade, shallow depth and proximity to infrastructure. Fission Uranium CEO Dev Randhawa has launched a takeover of Alpha to consolidate ownership at… Continue Reading

North American Nickel (NAN:TSXV) has released assay results from its Imiak Hill project.  The company intersected 24.75m of near solid to solid sulphide mineralization averaging 35-40% total sulphides.  There were two intervals contained within hole MQ-13-028 which included 17.91m of 40-45% sulphide and 2.4m of 50-60% sulphide.  Hole MQ-13-028 which was the deepest of four… Continue Reading

Pilot Gold (PLG:TSX) is increasing its land position near its TV Tower project in Turkey.  The joint venture company, Orta Truva (60% Teck, 40% Pilot, which Pilot is earning into 60%) is acquiring 100% of the 20 square kilometer Karaayi project from Chesser Resources (CHZ:ASX).  Pilot is issuing 1.25 million PLG shares and paying US$300,000… Continue Reading

Alpha Minerals (TSXV:AMW) published a new corporate video yesterday which features VP of Exploration Garrett Ainsworth discussing the PLS discovery in Northern Saskatchewan as well as the history of uranium exploration in the area. He also shows off some of its radioactive drill core. Garrett is the son of Alpha Minerals CEO Ben Ainsworth. The… Continue Reading

There’s a tremendous post out from the good people at Sprott today: Hostile Takeovers Gone Bad. The author, geologist and investment advisor Steve Todoruk, says that Cameco made a fatal flaw in their attempted takeover of Hathor Exploration in 2011 by not acquiring shares in the company before the takeover announcement. As a result they… Continue Reading

Back on March 20th, 2013, when Alpha Minerals was trading in the $4 range, I put a $15 price target on the company’s shares (source). With the announcement yesterday that Fission Uranium will be swallowing Alpha for roughly $7.67 per Alpha share my prediction has fallen short. Shares of the combined company could still double on a… Continue Reading

Cayden Resources (CYD:TSXV) announced results of its surface program at the El Barqueno project in Jalisco State, Mexico. The company has been doing a focused surface program in order to identify targets for a 5,000m drill campaign they anticipate starting next week.  Trench results at the Pena de Oro target area included 20m of 3.6g/t gold, 8m… Continue Reading

Midway Gold (MDW:TSX) released assays from their joint venture Spring Valley project in Nevada with operating partner Barrick Gold (ABX:TSX).  Barrick earned a 60% interest in the project in April and has exercised its option to earn in an additional 10% by spending $8 million.  Barrick funds 100% of the exploration and development through to… Continue Reading

Discovery Investing’s Chris Berry has just published commentary on Zenyatta Ventures (TSXV:ZEN) after a site visit to the company’s much hyped Albany graphite project in Ontario. In short Berry recommends the company raise as much capital as possible at current prices, while at the same time advising his readers to steer clear of the company… Continue Reading

Shares in Dalradian Resources (DNA.TO) have traded up 37.3% since an August 15th news release announcing exploration results at the company’s 100% owned Curraghinalt gold project in Northern Ireland. You can view the results here. Curraghinalt is a potentially high-margin, low-capex project with impressive grades of gold. Receiving a favorable outlook in its 2012 PEA,… Continue Reading

Just a friendly reminder that Robert Friedland’s Ivanplats has been renamed Ivanhoe Mines and has commenced trading under the symbol IVN on the TSX. Mr. Friedland is touring investors around his properties in South Africa and the DRC this week. Our August 22, 2013 prediction that he would soon send Ivanhoe’s shares above $2 has… Continue Reading