After adding more claims to the highly prospective and strategically located district-scale Shining Tree Gold project and W2 Copper-Nickel-PGE project, both located in mining-friendly Ontario, Platinex Inc (PTX:CSE)(9PX:FRA) decided to expand their horizon, and acquired the Muskrat Dam Critical Minerals project, also located in Ontario.

After raising C$1.25M in March this year, and acquiring several early stage copper-zinc and gold projects in Finland, Avrupa Minerals (TSXV:AVU)(OTC:AVPMF) didn’t have spectacular news to report this summer, as it had to wait on Sandfire (new owner of JV partner MATSA) scheduling/financing covenants for further exploration and upgrade of the Alvalade copper-zinc VMS project in Portugal.

Klondike Copper Project, Colorado (US)

After receiving their exploration permits for the Klondike Copper project on June 22, 2022, Alianza Minerals (ANZ.V, TARSF.US) wasted no time and will commence drilling in the first week of August, 2022. Drilling was planned to start mid July, but according to CEO Jason Weber this was delayed last minute, in order to accommodate one additional (unplanned) hole at another project the rig was coming from, and the contractor also wanted to get the rig in for some maintenance before mobilizing to Klondike – Alianza agreed to the short delay.

After  a relatively quiet winter season with no drilling news, hybrid prospect generator Alianza Minerals (ANZ.V, TARSF.US) is gearing up to getting ready for potentially up to 5 drill programs this year at their various projects. The optioned out (Allied Copper) Klondike and Stateline copper projects in Colorado, operated by Alianza, are both in the targeting phase now, with exploration permits expected in a few weeks.

Platinex Inc (PTX:CSE)(9PX:FRA) doesn’t seem to be slowing down anytime soon, as it has been adding more claims to the highly prospective and strategically located district-scale Shining Tree gold project and recently acquired W2 Copper-Nickel-PGE project, both located in mining-friendly Ontario.

Preview:

Fancamp Exploration Ltd. (TSXV:FNC)  currently has a very extensive exploration project and royalty portfolio, a huge cash and liquid equity position of C$25M and high-quality core investor base, and is at a pretty attractive entry point as it is trading at just a C$17.5M market capitalization.

After announcing a strong and potentially game changing drill result (60.4m @ 2.25% CuEq) at Sesmarias on January 25, 2022, followed by a C$1M private placement on February 8, 2022, Avrupa Minerals (TSXV:AVU)(OTC:AVPMF) managed to increase this amount, and raised C$1.25M on March 2, 2022.  

After completing the first 26 holes of their Phase 2 RC drill program at the California target, part of their Cervantes gold-copper project in Sonora, Mexico on January 26, 2022, Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) doesn’t seem to suffer a lot from the common and extensive lab delays, and continues to release excellent drill results after the first hole was returned just over a week ago.

Several weeks after Avrupa Minerals (TSXV:AVU)(OTC:AVPMF) announced the acquisition of four exploration properties in Finland, the company was happy to finally announce a significant drill result at the Sesmarias target, part of their flagship Alvalade project in Portugal. As they were looking for large mineralized intercepts for almost two years now, scanning the complex folded structure stepping out hole by hole, management was delighted to finally hit a mineralized intercept of no less than 113.8m in total.

1. Introduction

Some of the most interesting juniors are the ones that already have sufficient, solid drill results to delineate a very decent NI43-101 resource, but can grow them even larger, and have flown under the radar for a long time while quietly completing their drill programs.