Skeena Resources (SKE:TSXV) and Dolly Varden Silver (DV:TSXV) – News out this afternoon that Skeena Resources has made a proposal to acquire Dolly Varden Silver.  The offer is a share based deal for $4.2 million total with each Dolly Varden share being exchanged for 2.763 Skeena shares. At today’s closing price of 8 cents per shares… Continue Reading

We are nearing the end of the Yukon site visits, but still have two more interesting projects to discuss. To catch up on last week’s site visits see here: ATC, AXR, WG, KAM, RK. The Yukon Media Tour has been all about mining, but the real focus has been on the de-risked development stage projects… Continue Reading

Currency devaluation does not create long term, stable, cost savings for mining companies. Currently, most cost savings touted by mining companies are driven by a weakening of local currency vs USD. However, I don’t think this can be counted on in the long term. At best, it is a nine-month lag, and afterwards, the local… Continue Reading

A look at a few of the mining news releases for today that caught my eye with some additional comments on each. Premier Gold Mines (PG:TSX) –  Premier Gold is out with an update on the 100% owned Hasaga project in the Red Lake gold-mining district of Northwestern Ontario. Drill results released this morning include an intercept… Continue Reading

Half way through our Yukon tour, the media group was greeted by another blue-bird day in Dawson City. Things had been progressing smoothly to this point, but Mother Nature stepped in with some foggy weather and we couldn’t fly in to visit Rockhaven Resources’ (TSX-V: RK) 100% owned Klaza Project. Even the best organizers, which… Continue Reading

Via Energy and Gold.com: “At a market bottom, falling prices eventually force out large numbers of traders, resulting in volatility and increased volume.” ~ Cory Mitchell (Investopedia) This quote on market bottoms perfectly sums up the gold miners (GDX) during the last couple of years: With each successive price decline both volume and volatility have made… Continue Reading

“Without a doubt CEO.ca was the best place to be today for anyone interested in the jr investment game. I’ve paid a lot of money and put on a suit without getting any better insights than I picked up this morning.” This from Tim Oliver, Tucson, Arizona-based minerals and environmental engineer (Source). Thank you for… Continue Reading

Via Energy and Gold.com: One of the most successful investors in history, Carl Icahn, has taken a roughly 8.5% stake in copper/gold mining giant Freeport-McMoran (FCX). Shares of FCX have been battered in recent months, dropping nearly 70% since early May: Icahn is most well known for his timely investments in fallen angels. Most notably… Continue Reading

Via Stockhouse.com… Brent Cook is one of the grand old newsletter writers of the North American resource scene, a name long respected by investors and sought after by junior miners.  Resource guru Eric Coffin is also well respected and a giant on the geo scene. So when the get together for a chat about all… Continue Reading

My head is starting to spin a little as we reach the 4th site visit on the 2015 Yukon Media Tour; there’s an excessive amount of information to take in. To get up to speed see Part 1, Part 2, Part 3, and Part 4. The media members had just boarded another mini-airplane from Burwash Landing… Continue Reading

A look at a few of the mining press releases that caught my eye this morning and some additional thoughts. Goldcorp (G:TSX), Teck Resources (TCK.B:TSX), and New Gold (NGD:TSX) – A couple deals this morning by Goldcorp on the same asset the El Morro copper-gold project in Chile. The first involves buying the 30% interest… Continue Reading

Over the past 2 days in the Yukon we’ve learned about the Klondike’s history, flown into a highly prospective gold exploration project, and seen one of Canada’s richest silver districts. On Day 3 of our trip we visited Wellgreen Platinum (TSX:WG), which hopes to become one of the largest and lowest cost, open pit PGM-Nickel mines in… Continue Reading

A look at the mining headlines that caught my eye for today with some additional thoughts on each news release. NexGen Energy -(NXE:TSXV) – NexGen is one of the few bright spots on the TSX Venture this year for mining investors. This morning additional radioactivity results were released from th Rook 1 project in Saskatchewan.… Continue Reading

After flying into Mayo, central Yukon, from ATAC Resources (Part 2) we packed into a shuttle van to head toward the Keno Hill Silver District. Keno Hill is an extraordinary part of the Yukon; it is the largest and richest silver district in Canada. From 1913 to 1989 there were 35 producing mines which yielded 217… Continue Reading

A look at news from ATAC Resources this morning with some additional comments. ATAC Resources – (ATC:TSXV) – Atac has made a new discovery at the Anubis Cluster and also released drill results from the Conrad Zone.  Drill hole ARB-15-026 is one of the better drill holes I have seen this year from a junior intersecting 47.24m… Continue Reading