Dr. John-Mark Staude’s prospect generator, Riverside Resources (RRI:TSXV) has signed an agreement with a private Mexican company to acquire a 100% interest in the Cajon gold project with their strategic alliance partner, Hochschild Mining Plc.  The Cajon project is located near Goldgroup’s (GGA:TSX) Cerro Colorado mine and Timmins’ (TMM:TSX) San Francisco mine.  Recent exploration work… 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

Discoveries driven by savvy geologists get a closer look here. It took imagination – on 3 discoveries http://t.co/uRUaif3qod — Kip Keen (@JrMining) January 31, 2014

By 1994, it was emerging that Alumbrera, our huge copper and gold project in Argentina, was shaping up to become a very large deposit. With the impending sale of our interests to a major mining company, I began to ponder our next venture. I asked John C. Thornton, noted geologist from Tucson, Arizona, where the… Continue Reading

Asanko Gold (AKG:TSX) and PMI Gold (PMV:TSX) announced in mid-December that they intended to merge the two to take advantage of the synergies between their two assets in Ghana.  The two attempted to merge in late 2012, but was later terminated as PMI shareholders’ couldn’t agree.  Asanko has since significantly de-risked their project and is… Continue Reading

We think the risk/reward proposition for buyers of Ivanhoe Mines (TSX:IVN) is quite attractive from current levels (below 1.70). From a Technical Analysis perspective, the multi-month falling wedge has dropped into the 1.50-1.70 support zone. Volume has also dried up which we like to see before a big bounce – $2.00 is a reasonable short… Continue Reading

Robert Disbrow, the Vice President of Institutional Sales and Director of Haywood Securities Inc and co-founder of former institutional powerhouse firm First Marathon, is acquiring shares of micro-cap silver-zinc explorer Caracara Silver (CSV:TSXV).  According to filings, Mr. Disbrow has acquired roughly 2 million shares since September 2013 at prices ranging between $0.065 and $0.025 per… Continue Reading

The Matthew Hornor led Kaizen Discovery (KZD:TSXV), which is over 40%-owned by legendary resource developer Robert Friedland, has secured a $5.1 million strategic investment from ITOCHU Corp. of Japan.  Matthew Hornor has deep connections in Japan and was instrumental in securing Ivanhoe Mines’ (IVN:TSX) $300 million investment by a Japanese consortium for their Platreef platinum project… 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

Jim Dines has been writing one of the world’s best read financial newsletters, The Dines Letter, since the 1950’s, and he’s still going strong… A few days ago Dines joined King World News to discuss his outlook for 2014 (Listen to the interview). Dines pats himself on the back for calling the coming 3D printing… Continue Reading

We appear to be approaching a unique global currency mess. Yesterday evening’s Turkish rate hike reeked of desperation and triggered a powerful pop in thin futures markets: The rally was short lived as we have seen nothing but a deluge of selling in equity futures this morning. Meanwhile, there is a flight to ‘quality’ in… 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

VANCOUVER, CANADA – FRIEND OR FOE, TAKE THE DOUGH… Mark O’Dea’s True Gold Mining has just announced a $36.6-million bought deal financing with RBC Capital Markets of $0.40 units with a half warrant at $0.47 good for six months. Concurrently, Liberty Metals and Mining, True Gold’s largest shareholder, has has elected to exercise their participation… Continue Reading

Endeavour Mining (EDV:TSX), the African gold miner, that currently operates three mines in West Africa has announced commercial production has been reached at its fourth mine; Agbaou in Cote d’Ivoire.  The company expects to grow production by 1/3rd this year, to approximately 400,000 ounces (up from 300,000 ounces in 2013) while reducing all-in costs per ounce below… Continue Reading