As inflation grows rampant across many sectors, to levels not seen in decades, it only seems a matter of time before gold leaves its side ranging pattern of late. Gold Terra Resource (TSXV:YGT)(OTCQX:YGTFF) (FRA:TXO) aims at making the most of it, as the current President and CEO David Suda is stepping down on December 31, 2021 to pursue other opportunities.  

1. Introduction

Sometimes you come across companies that are well financed, have good assets, strong backers and management, but don’t seem to get much traction during a tough commodity market. Dolly Varden Silver (DV.V)(DOLLF.US) fits that bill nicely, but after a correction in the silver price its management decided it was time to do something bold to set itself apart from the crowd.

Against a backdrop of massive inflation, at highest levels in decades and initiated by COVID-19 related disruptions of supply chains, Golden Independence Mining (CSE: IGLD, OTCQB:GIDMF, FRA:6NN) is working diligently in order to activate a few important catalysts. The first of those that can be expected before year end is the upcoming Preliminary Economic Assessment (PEA), the other one is the renegotiation of the JV terms with vendor America’s Gold Exploration (AGEI), which could increase the very recently earned-in ownership from 51% to 100%.

Following several weeks of lots of volatility in the gold price, caused by increasing inflation, a reshuffle at the Federal Reserve and most recently a brand new COVID-19 variant, Gold Terra Resource (TSXV:YGT)(OTCQX:YGTFF) (FRA:TXO) did a very important acquisition, by signing an option agreement with  Newmont, to buy the Con Mine.

SiFT plant at Lanxess Project site

It has been a very busy week for Standard Lithium (TSXV: SLI) (NYSE:SLI) (FRA: S5L), as it first had to defend itself against a short report without merit which saw the share price temporarily crashing, and a few days later announced a US$100M investment by Koch Strategic Platforms, in order to advance its lithium projects further.

SiFT plant at Lanxess Project site

Introduction

At a time where lithium product pricing has fully recovered, beating all-time highs again, Standard Lithium (TSXV: SLI) (NYSE: SLI) (FRA: S5L) is working diligently on their flagship Lanxess project, and its second South-West Arkansas (SWA) lithium project, both in Arkansas, US.

Ivana deposit; Rio Negro province, Argentina

Despite the summer doldrums and negative sentiment in mining, the uranium price spiked in September fortunately, and Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) didn’t stay behind, as the company diligently continues to advance their flagship Amarillo Grande uranium project in Argentina. 

With the highly anticipated Phase 2 drilling program underway since July 16th, testing the Campbell Shear at the Yellorex zone immediately south of the Con Mine (Yellowknife City Gold project, Northwest Territories, Canada) and optioned from Newmont, Gold Terra Resource (TSXV:YGT)(OTCQX:YGTFF)(FRA:TXO) was finally able to announce the first drill results.

Although metal prices and especially the gold price took a breather, Meridian Mining (TSXV: MNO) remains unfazed, and keeps providing investors with solid drill results from their Cabaçal VMS Copper-Gold Project in Brazil , at or even above expectations of management.

With copper beating all time highs recently, and gold briefly touching US$1900/oz, Meridian Mining (TSXV: MNO) seems to be in a good place, delivering their second set of assays from their Cabaçal VMS Copper-Gold Project in Brazil. Their ongoing 10,000m field program of diamond drilling recently returned assays from hole CD-005 to CD-009, and all holes contained economic mineralization.