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Gold

After lots of reconnaissance exploration at several of their projects, Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) is ready for the follow-up, and recently commenced drilling at two different projects. These are the Rosales Copper project in Chile, and the Terra Dorada gold project in Paraguay.

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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.

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Preview

Vior (TSXV:VIO)(FRA:VL51)  currently has an attractive project portfolio, a prospective flagship gold project, capital structure and high-quality core investor base for its market capitalization. The stock has consolidated on improving trading volume since February 2021 and is at an attractive entry point for new investors.

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Drilling at Regnault target, Frotet project, Quebec

After the nice batch of results released at the end of May, beautifully complementing the first sets of strong intercepts, Kenorland Minerals (KLD.V)(3WQO.FSE) was hoping to find more of the same when targeting the more southern parts of the discovered Regnault structure, potentially growing this into a district scale discovery.

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  1. Introduction

With gold stabilizing and further inflation expected with a world economy continuing to recover from COVID-19, it seems Maxtech Ventures (CSE.MVT)(OTC:MTEHF)(FRA.M1N), a junior exploration company operating in Ontario and Quebec, is in the right place at the right time. It raised C$0.94M on June 4, 2021, and recently commenced a 15,000m 3 staged drill program at their flagship St.Anthony

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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.

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It took some time, but it all seems to come together rather nicely now for hybrid prospect generator Kenorland Minerals (KLD.V) and its young prodigy CEO, Zach Flood. A few days ago the gold price broke through the important barrier of US$1900/oz again, lots of metals are witnessing positive sentiment on the back of a recovering world economy as COVID-19 vaccines are rolled out worldwide, so despite a recent crypto crash the mining industry is enjoying a bull market again after 2016-2017.

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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.

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You have to hand it to them, the timing of Golden Independence Mining (CSE: IGLD, OTCQB:GIDMF, FRA:6NN) announcing their maiden resource estimate (MRE) on their Independence project in Nevada is pretty good, as precious metals sentiment becomes increasingly more positive, and other assets like bitcoin just seemed to have bowed out as a serious alternative, after getting into a tailspin of epic proportions, losing over 25% of value in one day.

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After almost two months of exploration at the Esperanza property at the Flecha de Oro project in Argentina, results are starting to come in for Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE). The ongoing trenching program is currently in Phase I, and focused on a nine square kilometre area where numerous gold-bearing quartz veins have been identified at surface.

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