1. Introduction

Kenorland Minerals was mentioned to me at the end of 2019 by mining legend Rick Rule, departing CEO of Sprott US Holdings, and more specific he extensively expressed his admiration for the young CEO of Kenorland, Zach Flood. According to Rule, who recently announced his retirement, Flood is a top category prodigy, who is probably destined to go places.

After acquiring the neighbouring Goldlund open pit project from First Mining Gold, Treasury Metals (TML.TO, TSRMF.US) has been busy ever since to integrate both projects into a single open pit-underground project with synergies whenever possible. After hiring Ausenco, a reputable engineering firm, and appointing a new President and CEO, Jeremy Wyeth, who has lots of experience in building mines, the company worked diligently for 6 months on an integrated Preliminary Economic Assessment (PEA) for both projects.

1. Introduction

When the mining industry is facing a gold bull market as it is now, many new opportunities are created in all kinds of forms and shapes in order to profit from it handsomely. This can for example b   e done through putting private assets into listed entities, buying new assets, creating a new vision for existing assets, but also turning around existing companies that have solid assets but not the management to make it a success.

As Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) was sidelined for most of last year due to COVID-19, their exploration programs were basically halted. The project that first got underway again was the Tierra Dorada Gold project in Paraguay. The story on this project is a testament to the strong network of Golden Arrow in Latin America.

1. Introduction

KORE Mining (TSXV: KORE, OTCQX: KOREF) is a pretty unusual gold junior, as it started trading after the RTO in November 2018 owning 2 advanced heap leach gold projects in California, and an interesting gold exploration project in British Columbia, together containing no less than 4.9M oz gold.

All pictures are company material, unless stated otherwise.

The Critical Investor, an avid and critical mining stock investor and newsletter writer from Europe, looks for high quality companies, strong short-term catalysts and deep value. In this interview with Streetwise Reports, he takes a deep dive into the drivers behind gold's appreciation, discusses several criteria he uses to evaluate mining juniors and developers, and profiles, using his numbers-based approach, 13 junior mining companies, of which most are featuring in his portfolio.

Treasury Metals (TML.TO, TSRMF.US) recently surprised the markets with the raising of C$11.5M in an oversubscribed financing, after announcing the pretty interesting all-equity acquisition, worth C$44M in shares at the time of the news release, of the neighbouring Goldlund open pit project from First Mining Gold, adding 1.6Moz Au of resources to the 1.46 Moz AuEq of Treasury’s flagship Goliath Gold open pit/underground project.

As Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) renegotiated their Indiana gold project in Chile not too long ago into very favorable terms, I was surprised to recently read about the company dropping the project:

“The Company also wishes to report that it is not proceeding with its option of the Indiana Gold-Copper project in Chile.”

This article was republished as part of a syndication agreement between Genesis Metals and the Critical Investor. The author is James Kwantes.

Genesis Metals Corp. (GIS:TSX.V; GGISF:OTC) is building ounces and grade at its Chevrier project in Quebec's Abitibi Greenstone Belt, as Phase 1 drill results outline growing zones of higher-grade material within the existing Main Zone deposit.

Like most projects around the world, Treasury Metals (TML.TO, TSRMF.US) has temporarily slowing down and shutting down drilling at their Goliath Gold project in Ontario, caused by the omnipresent COVID-19 pandemic, but as it has been completing over half of their drilling program before the virus broke out, it has been reporting several sets of drill results so far this year, and still has a few batches to come.