NEWSLETTER #261 AZTEC MINERALS
Dear subscriber, After closing the second tranche for total proceeds of C$1.55M, being oversubscribed from an inital C$1M, Aztec Minerals is well funded to start their next drill program in a few weeks at flagship Cervantes project in Sonora, Mexico. Since the company already delineated an estimated 1Moz heap leachable gold at excellent grade and […]
Read moreNEWSLETTER #260 DOLLY VARDEN SILVER
Dear subscriber, As Dolly Varden is about to complete their massive 55,000m drill program at Kitsault Valley, results keep pouring in. These are mixed, but it seems there is enough substance to them to generate significant new silver ounces at the Wolf Vein. I'm giving it a try in the article how many ounces they […]
Read moreNEWSLETTER #259 VIOR
Dear subscriber, Vior made the most of their wildfire-induced break from Belleterre/Skyfall exploration, as they could explore another project in Quebec, this time for phosphate, a mineral which is becoming popular again because of LFP battery developments. Sampling results came back favorable, indicating a mineralized zone of 16.5km length in total, so the company has […]
Read moreNEWSLETTER #258 INOMIN MINES
Dear subscriber, Drilling at a southern target at the Beaver claim package returned pretty strong magnesium/nickel results (for example equivalent to 169m @ 7.7% CuEq) for Inomin Mines, adding more tonnage to an already promising 400Mt estimated envelope. Two more results are pending, and after this the wait is on for drilling at Lynx, which […]
Read moreNEWSLETTER #257 SILVER NORTH RESOURCES
Dear subscriber, We had to wait for quite some time, but finally Alianza Minerals came into action. It changed its name into Silver North Resources, did a 5 to 1 roll back, changed its hybrid prospect generator strategy and focus on just silver projects and is looking to divest/option out projects outside their fully owned […]
Read moreNEWSLETTER #256 AZTEC MINERALS
Dear subscriber, Although it is a difficult environment, it seems Aztec Minerals manages to have their current non-brokered private placement oversubscribed, and closed a first tranche of C$912k yesterday. These funds enable them to continue drilling at Cervantes next month, which in turn will provide sufficient data to produce a maiden NI43-101 resource estimate in […]
Read moreNEWSLETTER #255 WESTWARD GOLD
Dear subscriber, After raising C$1M in an oversubscribed non-brokered financing, Westward Gold is on its way to a potentially transforming last 4 months of the year. As management is looking at M&A to increase size in order to qualify for larger investments, they managed to attract Robert Edie as well as new VP Exploration, who […]
Read moreNEWSLETTER #254 EGR EXPLORATION
Dear subscriber, Field work has commenced on one of the most high profile nearology plays around: Detour West, on strike with the giant Detour Lake Mine in Ontario. In addition, management is refining their exploration strategy in the next few weeks, and will announce further steps soon. Read more about it here: EGR Exploration Commences […]
Read moreNEWSLETTER #253 KENORLAND MINERALS
Dear subscriber, The latest drill results for Kenorland Minerals at their Regnault target added quite a bit of ounces via my estimates, as the R10 and R11 veins appear to consist of 3 veins each instead of single ones. Kenorland could be approaching 3Moz Au now according to my hypothetical calculations, and as such JV […]
Read moreNEWSLETTER #249 GSP RESOURCE
Dear subscriber, The saying goes it is best to look for mines in the shadows of headframes of other mines, but what about looking for mineralization left behind and more at a historic mine located adjacent to the largest open pit copper mine in Canada owned by Teck? This is exactly what GSP Resource is […]
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