NEWSLETTER #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 […]
Read moreNEWSLETTER #252 PLATINEX
Dear subscriber, After closing the C$2.7M financing and the Fancamp JV right after PDAC, Platinex has been busy preparing further exploration at 3 different gold projects: Heenan, Mallard and Shining Tree, of which the last two will commence first. On top of that, a small sampling program at their Muskrat Dam critical minerals project (for […]
Read moreNEWSLETTER #251 WESTWARD GOLD
Dear subscriber, After raising an oversubscribed C$1.04M from a select group of people including several high profile investors, Westward Gold seems to be ready for the next steps. The company will follow up with an exploration update soon, but you can already read in this update in a nutshell what management has in mind. They […]
Read moreNEWSLETTER #250 OMAI GOLD MINES
Dear subscriber, It seems there is more gold at depth, as Omai Gold Mines is drilling Wenot in various ways. A total resource of 4Moz Au only seems a matter of time, and a PEA indicating likely pretty positive economics is planned for Q2 2024. With an EV/oz ratio below 5 this is one of […]
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