Osprey Gold Development Ltd. (TSXV:OS), on January 30, 2020, has revealed assay results from the first three holes of its 13 hole, 2,003 metre drill program at its Goldenville Property, in Guysborough County, Nova Scotia. According to the press release: All three holes returned elevated gold values, including hole G19-18 which returned 2.0 m of 269.15 […]
Mining News and Commentary
QUEBEC – Amex Exploration has released the results of 15 drill holes completed on the Grey Cat and Gratien zones at its 45-sq.-km Perron gold property. These results expand the near-surface strike length of Grey Cat and further define the multiple stacked lenses which make up the Gratien system. Drill highlights include: 23.6 meters of 2.19 g/t […]
High Density Gravity Survey Program A recent high density gravity survey has delineated a new geological structure at the Company’s Higginsville Operations (“HGO”). The new structure extends for approximately 5 km, and runs sub-parallel to the major regional Zuleika, Speedway and Boulder Lefroy shears which controls the bulk of the gold mineralisation between the Golden […]
Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.
There have been many interesting news releases from mining companies last week. The companies discussed in this post are: MacDonald Mines, QMX Gold Corp, Unigold Inc, Palladium One Mining, Tanzanian Gold Corp, Warrior Gold and Crystal Lake Mining.
Palladium and palladium stocks had a wonderful run lately. I started long positions in four palladium stocks: New Age Metals Inc. (CVE: NAM) at 7 cents, Canadian Palladium Resources Inc. (CNSX: BULL) at 14 cents, Palladium One Mining Inc (CVE: PDM) at 19 cents and Generation Mining (CNSX: GENM) at 73 cents. There are several other […]
Kirkland Lake, Ontario – January 14, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) (“RJK” or the “Company”) has entered into a $50,000 agreement with Eagle Geosciences of Rouyn-Noranda, Quebec. Eagle Geosciences has agreed to provide exclusive services to RJK to deploy their new kimberlite identification technique. The agreement has a period of […]
Symbol: AZM.TSX Venture LONGUEUIL, QC, Jan. 14, 2020 /CNW Telbec/ – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) is pleased to report the discovery of substantial gold mineralization in multiple drill hole intersections, including frequent high-grade intervals, in all seven (7) holes of its maiden diamond drilling program on the 100% owned Elmer Property (the “Property”) in the James Bay region of Quebec. Significant additional drilling […]
Commodities are Extremely Undervalued! New study plotting US equities against raw material prices going back to 1970 points to 112% upside for commodities just to return to trend.
Base Metals Miners Performance in 2019 Copper, often called “Dr. Copper” due to its correlation with the economic cycle, could be the trade of 2020, as most industry analysts expect a “lift-off” for the base metals miners as global demand recovers. Copper prices rose this week, on December 25th, 2019, to their highest level in […]