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   Gold/Mining/EnergyGold and Silver Juniors, Mid-tiers and Producers


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To: LoneClone who wrote (77646)10/7/2021 3:12:23 PM
From: LoneClone
1 Recommendation   of 78124
 
I ran across the term 'aggressive exploration' a number of times in mining PRs today. I can't help but picture a geologist punching trees and yelling at rocks "Where's that m*****f***ing gold!"

In the wake of yesterday's minimally informative PR from Sandstorm Gold aka SSL about quarterly gold sales, we get another, much more effusive, about an increase in their credit facility to $350M. Hmmmm, wonder what they are planning?

Message 33520169

Orestone Mining aka ORS has released the results of geophysics on their Captain proprty in northern BC, where they are looking for a copper/gold deposit akin to the one being mined at Mt. Milligan 30 km away. According to the interpretation, there is an intense resistivity low west of previous drilling which is a good indication of the type of sulphide mineralization they are looking for. Drilling on this new target will begin shortly.

I prefer ORS's approach to the breathless style adopted by the likes of NRN and GNG.

Message 33520178

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From: LoneClone10/12/2021 1:29:30 PM
1 Recommendation   of 78124
 
I-80 Gold aka IAU announced more details about the financing aspects of the recent reorganization of its Nevada gold assets, which included selling some deposits and buying others plus a mill complex. Among other details, we learn that the equity portion of the Orion financing will be priced at $2.62 per share. As well, EQX will be enforcing their anti-dilution rights more, details to be announced.

ca.finance.yahoo.com

Fiore Gold aka F announced year end production results from its Pan gold mine in Nevada. (They annoyingly have their year end at Sept. 30.) The PR continues the theme of recovery from a bad period at this notoriously difficult to operate mine. Encouragingly, they managed to set a record with Q4 production and sales, allowing them to meet full year guidance and achieve a cash balance of $22.9M with no debt. The latest heap leach pad expansion at Pan should allow them to maintain or exceed current levels of production.

They also updated their nearby Gold Rock development project, where drilling is ongoing. A PFBS for Gold Rock will be out before year end, and they are aiming at first production by year end 2024. Methinks the devil will be in the details of how they finance the development

So far the market is not impressed.

Message 33526789

Gold remains within its recent trading range awaiting a catalyst that breaks it out in one direction or the other. Saville still thinks the odds are favourable for an upside breakout.



But there remains a substantial risk that HUI will make a new low before the PoG propels it higher.



And I will mention in brief a few notes covered in great detail in the latest edition of the IKN newsletter; the new President of Peru is indeed following the time-honoured path of running from the left and then governing toward the centre. Meanwhile, in Ecuador new President Ted, er, I mean Guillermo Lasso's honeymoon is already over after a month, with widespread popular protests against his removal of hydrocarbon subsidies and his appearance in the Pandora Papers tax avoidance scandal., putting in serious jeopardy Lasso's efforts to reform the mining industry.

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From: james flannigan10/13/2021 9:09:04 AM
   of 78124
 
Amex Exploration drills 6.9 m of 43.74 g/t Au at Perron

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From: Logain Ablar10/13/2021 11:21:03 AM
   of 78124
 
Endeavor question to thread.

Has everyone received the dividend?

I'm asking as it still hasn't shown up in my Schwab U.S. account.

It took 6 weeks for the new shares to show up in my account this summer.

Thanks in advance.

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To: Logain Ablar who wrote (77650)10/13/2021 11:55:49 AM
From: stuffbug
   of 78124
 
Yes, received in 2 Canadian accounts (TD & Scotia) on Sep 28th.

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To: stuffbug who wrote (77651)10/13/2021 1:16:55 PM
From: Logain Ablar
   of 78124
 
Thanks, I just have to be patient.

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To: Logain Ablar who wrote (77650)10/13/2021 4:05:19 PM
From: LoneClone
   of 78124
 
I got the EDV dividend in my Canadian TDW account on Seot. 28 (and my CEE dividend on Sept. 30). Keep is mind TDW is notoriously slow at this kind of thing.

LC

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To: LoneClone who wrote (77653)10/13/2021 4:32:08 PM
From: Logain Ablar
   of 78124
 
Thanks LC, I'll post when mine shows up in the Schwab account.

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From: kidl10/14/2021 9:40:05 AM
2 Recommendations   of 78124
 
KRR … Another good quarter

Karora Announces Record Gold Production of 30,365 ounces and Gold Sales of 28,935 ounces for the Third Quarter - Oct 14, 2021 (karoraresources.com)



Updated / much improved Presentation:

PowerPoint Presentation (karoraresources.com)




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From: james flannigan10/14/2021 10:58:59 AM
   of 78124
 
Yesterday HIGH reported a stunning drill intercept of 18.7gt over 56.6m Blowing away the in intercept in this new coverage by a factor of 11 times the hole in this write up:Globe says new coverage rates Highgold Mining "buy"2021-10-12 08:20 ET - In the News

The Globe and Mail reports in its Saturday, Oct. 9, edition that Stifel analyst Stephen Soock rates Highgold Mining "buy" in new coverage. The Globe's David Leeder writes that Mr. Soock set a share target of $3.15. Analysts on average target the shares at $3.23. Mr. Soock says Highgold's flagship Johnson Tract gold project in south-central Alaska is "the kind of deposit mining engineers dream about." Mr. Soock sees the Johnson Tract expanding "with every drill hole." Mr. Soock says in a note: "The unique combination of coincident VMS and epithermal style mineralization come together to form a bulk tonnage, high grade resource, already hosting 806,000 ounces at 9.23 grams per ton gold equivalent. The company has continued to drill since the 2020 inaugural resource, extending the footprint by 300 metres along plunge and hitting grades like 19.4 g/t AuEq over 4.3-metre well beyond the resource envelope. We think Highgold has already drilled off an additional 291koz AuEq and see runway for another 332koz to be defined with further drilling. Infill drilling is likely to increase the grade of the overall deposit, and the Footwall Copper zone near the root of the system is just starting to be defined.

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