Wastewater treatment facility, Alberta (Source: Proactive Investors)
The last time I wrote about MGX Minerals (XMG.CSE) I described it as a rare breed of junior, and this company definitely seems to do everything to increasingly set itself apart from usual paradigms.
Although silver does not get much love lately, there are silver plays around that could move significantly as soon as the price of the metal recovers in more positive precious metals sentiment. One of these plays is Golden Arrow Resources (GRG.V,
Introduction
This time Kees Dekker analyzes Adriatic Metals, an Australian junior exploring a very high grade polymetallic project called Rupice in Bosnia Herzegovina. Kees and I had our doubts as the last drill results at the border of the drill permitted area took a very long time until release, but when they did came in, the results appeared to be pretty good again.
1. Introduction
After doing the pretty interesting interview with my Dutch fellow countryman Kees Dekker, it is time to show several examples of his analyst reports. The first one is a critical analysis of a new junior gold producer, Atlantic Gold Corporation.
Despite negative sentiment in commodities and especially lithium of late, Cypress Development (TSXV: CYP; OTC: CYDVF; FRA: C1Z1) keeps delivering the goods at their Clayton Valley Lithium project in Nevada at high speed. A Preliminary Economic Assessment (PEA) was announced at September 6, 2018, and the resulting economics were impressive.
Despite the summer doldrums, a strong dollar, a developing trade war between the US and predominantly China, and the resulting poor sentiment in commodities and mining stocks, Kutcho Copper managed to raise decent money, necessary to fund their ongoing drill program at their flagship project, the Kutcho high grade copper-zinc project in British Columbia, Canada.
This article is republished from Junior Stock Review, and written by Brian Leni. Genesis Metals has a syndication agreement with the Critical Investor.
We are not only in a resource sector bear market, but in the midst of peak holiday season, at least in the northern hemisphere.
Since my last update in May, Kutcho Copper (KC.V) has been working hard to advance their flagship copper-zinc Kutcho project in British Columbia. The company defined 9 priority drill targets and started drilling in June, they replaced Allison Rippin Armstrong this month who was responsible for environment and community relations, and are raising C$4M to support the current Feasibility Study work, permitting efforts and drilling campaign to expand the current resources.
Investors had to wait longer than expected for a big hit, but this week Tinka Resources (TK.V, TKRFF.US) proved that looking for substantially more mineralization first instead of preparing a Preliminary Economic Assessment (PEA) is a viable strategy. The latest hole returned an amazing intercept of 10.4m grading 44.0% Zn at West Ayawilca, and what is particularly interesting is that management seems to be verifying their new theory on Ayawilca structural controls of geology with this result.
Despite copper and other base metals being punished these days, and mining sentiment not at its best with China being drawn into a potential trade war with the US, Excelsior Mining (MIN.TO, EXMGF.US) proved a lot of nay-sayers wrong at June 25, 2018.