Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) recently ended the 7 year long Chinchillas adventure, by closing the deal involving selling its 25% interest in Puna Operations to SSR Mining (TSX: SSRM; NASDAQ: SSRM) on September 19, 2019. Despite a rising silver price since the announcement of the sale on July 22, 2019, and consequently growing unease among shareholders of Golden Arrow about the appropriate value of the Puna asset, no less than 94.62% of represented voting interest voted in favour of the transaction.

1. Introduction

As a pure play uranium explorer since 2004, things looked increasingly grim after Fukushima happened in 2012 for Forum Uranium. After years of struggling, CEO Richard Mazur decided together with the board that they had to change course. On February 28, 2018 the company name was changed into Forum Energy Metals (FMC.V),

After Alianza Minerals (ANZ.V) increased the earlier announced C$750k financing to C$1M after it received plenty of interest, this C$0.05 round eventually closed at C$1.1M, which is nothing but successful for a tiny C$5M market cap at the time of closing.

This article has been republished earlier as part of a syndication agreement with Genesis Metals. The author is Brian Leni of Junior Stock Review.

What is the significance of surpassing $1400 USD per ounces of gold?

Personally, I view the price of gold as a bell weather for the global economy, essentially signalling the health of markets.

After Alianza Minerals (ANZ.V) increased the earlier announced C$750k financing to C$1M after it received plenty of interest, this C$0.05 round eventually closed at C$1.1M, which is nothing but successful for a tiny C$5M market cap at the time of closing.

It took Avrupa Minerals (AVU.V) a few weeks longer than anticipated to release the first drill results of the Q4 2018 program on the Sesmarias project, part of their Alvalade license located in Portugal, as bringing good news right before PDAC usually generates healthy attention, but the numbers came out pretty interesting anyway in my view.

1. Introduction

Alianza Minerals (ANZ.V) is the second hybrid prospect generator I am discussing in a short period of time, after closely related Avrupa Minerals (AVU.V). Both companies are guided by Pacific Opportunity Capital, a Vancouver financial consulting and merchant banking firm, led by Mark T.

After having completed a 10,150m 58 hole drill program on the Main Zone, plus 25 new trenches and re-sampling of 11 historic cores, it seems that Genesis Metals is well on its way to get more insight in the complex geology of Chevrier, therefore an update is warranted.

1. Introduction

After a year which saw not a lot of enthusiasm in the mining sector to put it mildly, topped off by a resulting brutal tax loss selling season, sentiment for mining and gold in particular seems to be recovering, so in my view it is time to look at one of the more remarkable gold exploration stories around.

1. Introduction

As Avrupa Minerals (AVU.V) was experiencing delays in finalizing their option agreement on their Portuguese projects with a major copper producer, time was running out on one of their most important claims. A certain amount of exploration work had to be completed on their flagship project Alvalade by the end of 2018, so Avrupa decided to raise the necessary cash on their own, in order to initiate the intended drill program.