|Sanstorm Gold Royalties aka SSL made an announcement I for one have been waiting for for a while. They are finally declaring their first dividend. It's not much, just 2 cents a share, and they take great pains to assure us that there is no guarantee they will ever declare another, but they and we know that is just legal cover. Expect the dividend to continue and increase unless the PoG craters.|
One time favourite on this board, Chesapeake Gold aka CKG, released an update today on its large but low grade Metates Au/Ag/Zn project in Mexico. CKG just hasn't got much traction so far in this gold bull, in spite of releasing a new mine plan that reduces development capital requirements by over 90%. They continue to beaver away at metallurgy and other technical issues plus some regional exploration. As usual for this company they have plenty of cash, $32M, but they still need to find a way to gain some traction in the market.
Kootenay Silver aka KTN released assay results from the final three holes of their 2021 drilling campaign on the Columba Ag/Pb/Zn property in Chinuahua, Mexico. These holes were all drilled in the prospective B vein, with the headline result being 1,050 g/t Ag over 2.0M within 667 g/t Ag over 7.05M. As pointed out by the geologist, that mineralization in this vein only becomes high grade 100M deep means less chance that valuable mineralization has been eroded away.
More drilling in planned in 2022. One assumes that based on these results, KTN will be attempting to find a JV partner to help pay for it.
Edison has a new report out on Endeavour Mining aka EDV. You may need a membership to access it via this link