With coming PFS Troilus Gold sees potential to be a cornerstone gold mine for decades to come
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With coming PFS Troilus Gold sees potential to be a cornerstone gold mine for decades to come Many small gold mining stocks fail to deliver. This is the nature of mining, especially gold, given gold is so hard to find. Today’s company is an exception as it continues to deliver solid results at their gold-copper project in Quebec Canada. Troilus Gold Corp. (TSX: TLG | OTCQX: CHXMF) (Troilus) is a junior gold mining success story potentially in the making. The Company bought the former gold and copper Troilus Mine in 2017 and has successfully grown the resource since then to the point where Troilus now has one of the largest undeveloped gold resources in Canada. The Troilus Gold Project now has an Indicated Resource of 4.96 million ounces of contained AuEq @ 0.87g/t AuEq and an Inferred Resource of 3.15 million ounces of contained AuEq. The Project consists of a 142,000 hectares (1,420 km²) land package in north central Quebec, Canada and lies within the prospective Frôtet-Evans Greenstone Belt. The Troilus Gold Project in Quebec, Canada is a former gold- copper mine with plans to restart and produce 220-250,000 Au oz pa
Source: Troilus Gold Corp. company presentation A recap of 2021 for Troilus Troilus CEO, Justin Reid, summed up 2021 nicely stating: “2021 was an intensive year of work by the Troilus team as it continued to solidify the foundations and advance our mining project, which we believe has the potential to be a cornerstone Canadian mine for decades to come……First and foremost, we had great success with the drill bit and in the field… As it turned out, the more we drilled, the more mineralization we found. Our understanding of the geology at Troilus continues to improve and evolve. In 2021, we drilled ~100,000 metres, over 50% of which were drilled in the newly discovered Southwest Zone, where we identified some of the best grades ever at Troilus. This zone continues to be a priority growth target, with results suggesting a much broader system well beyond the existing mineral envelope which remains open at depth and in all directions. 2021’s drill program also identified a new hanging wall in the J Zone, demonstrating mineral continuity over a 700m strike length parallel to the
main ore body.” Note: Bold emphasis by the author. The Troilus Gold Project showing the various gold discovery zones as well as the 2020 PEA pit shell designs Source: Troilus Gold company presentation Recent success has seen the stock price move higher in 2022 Recent drilling has continued this success with further high grade results notably at the Southwest zone, but also making a new discovery at Testard. Troilus has also had some very good gold (92.9%) and copper (90.4%) recovery results from their pilot test program. May 4, 2022 – “Troilus drills 13.64 g/t AuEq over 3m, Incl. 29.81 g/t over 1m, 2.42 g/t AuEq over 6m, 2.11 g/t AuEq over 10m in the Southwest Zone; New mineral extension identified 300m below PEA pit shell… All the results reported today will be included in the mineral resource update and Pre-Feasibility Study, expected in
mid-2022.” April 21, 2022 – “Troilus drills record high-grade in Southwest Zone: 92 g/t and 68 g/t gold over 1m, and 3.07 g/t AuEq over 15m, Zone extended +200m; Initial gap Zone drilling returns 4.2 g/t AuEq over 7m.” March 31, 2022 – “Troilus announces new discovery at Testard: Drills 4.6 g/t gold over 7.6m, Incl. 20.2 g/t over 1.2m; 6.7 g/t gold over 3.2m, 10km from main mine site.” Regarding the new Testard discovery, Troilus CEO Justin Reid, stated: “Testard has returned the highest insitu gold and silver grades identified to date within the entire Frôtet- Evans Greenstone Belt; these initial drill results are hugely motivating to our team as we continue to assess results and further develop our models in preparation for an expanded drill program.” Next steps In mid-2022 Troilus expects to release an updated mineral resource estimate (will include results from the successful 2021 drill campaign) and a Preliminary Feasibility Study (PFS). The 2020 Preliminary Economic Assessment (PEA) resulted in a post-tax NPV5% of US$915 million, post-tax IRR of 32.2%, based on a US$1,750/oz gold price. Closing remarks Troilus continues to grow their resource and potentially move towards becoming a Canadian mid-tier gold producer. The PEA mentioned above forecasts Troilus to be a low-cost producer with cash operating costs of US$719/oz AuEq. Given the rise in copper prices the past year this is likely to drop even lower in the upcoming PFS. Combine this with a larger resource and the potential for a low-cost, long life, mine only grows further. The 2020 PEA concluded that the “projected payable gold is 3.8 million ounces, payable copper 265 million
lbs and payable silver 1.5 million ounces over the 22-year mine life.” This makes Troilus a potential future mid tier gold producer in Canada, with gold production forecast at around 220-250,000 oz pa. Certainly, the initial CapEx (net of US$350 million of existing infrastructure) of US$333 million looks to be achievable. Sustaining CapEx over the life of the mine is estimated at an additional US$506 million. Troilus Gold trades on a market cap of C$160 million. Looking good, especially if gold prices stay strong. Stay tuned for the upcoming updated resource estimate and PFS in the coming months. Murchison counting on critical materials close to home with 2 deposits and camp scale potential Vladimir Putin’s attack on Ukraine has reinforced the need for countries around the world to accelerate their efforts to reduce reliance on fossil fuels and cut greenhouse gas emissions, leading to clean energy technologies becoming one of the fastest growing segments of the economy. Some of the main inputs in these new technologies are critical metals like copper, cobalt, nickel and zinc. The World Bank forecasts that production of critical minerals and metals must increase by as much as 500% to produce the raw inputs necessary to meet projected demand. Analysts are expecting that over the next two decades nickel and cobalt will see a 20 fold increase in
demand, with zinc and copper seeing an effective doubling in demand. That tells me inflation isn’t easing anytime soon but that can be a discussion for another day. In order for the world economy to meet this increasing demand in energy metals, discoveries of deposits will need to be made in the near term and as we watch sanctions mount against Russia, the location of those deposits becomes increasingly important. Domestic supply and processing of these minerals and materials will become an increasingly crucial component to any nation looking to have a realistic ability to achieve emissions targets. That’s why junior mining companies, such as Murchison Minerals Ltd. (TSXV: MUR | OTCQB: MURMF), play a significant role in the discovery of the minerals needed for the quickly evolving clean energy revolution. Murchison is focused on the exploration and development of the 100% owned HPM (Haut- Plateau de la Manicouagan) project in Quebec and the exploration and development of the 100%-owned Brabant-McKenzie VMS zinc‐copper‐silver deposit located on the Brabant Lake property in north‐central Saskatchewan. The Company also has an option to earn 100% interest in the Barraute-Landrienne zinc-silver-gold project in Quebec. These are two of the best mining jurisdictions in Canada and arguably the world. Additionally, these projects are surrounded by excellent, established infrastructure. The HPM property is located between Baie-Comeau and Fermont, Québec, about 20 km from an all-season road connecting the two communities, 8 km to railroad, and about 225 km to the deep water Port of Sept Iles. In December, 2021 the Company acquired the majority land position in the eastern Haut- Plateau region. With the newly acquired claims, Murchison has now increased the size of the HPM project area by a factor of 4, from 13,897 hectares to 57,586 hectares. First assay results from the inaugural drill program at the PYC Target include Hole PYC21-007 drilled to a depth of 158 m intersected three broad zones of Ni-Cu-Co-bearing sulphide mineralization
totaling 62.21 m of composite thickness including 25.5 m grading 0.30% Ni Eq and 27.4 m grading 0.23% Ni Eq while Hole PYC21-008 drilled to a depth of 182 m intersected five broad zones totaling 69.9 m of composite thickness including 39.5 m grading 0.24% Ni Eq and 13.0 m grading 0.27% Ni Eq. Assay results for the remaining six holes, released two weeks ago, confirm the presence of broad zones of near surface low-grade nickel, copper, cobalt mineralization across the drilled portion of the target. The PYC Target is only one of multiple Ni-Cu-Co prospects on the HPM Project where historical work and prospecting completed at Barre De Fer, located only 1.5 km away, resulted in the best historic results from HPM-08-03 of 43.15 m at 1.73% Ni, 0.90% Cu, and 0.09% Co. The Company also completed prospecting at the Syrah Target, located just 350 metres from the Barre de Fer prospect, during the 2021 fall drill program. Syrah results confirm Ni-Cu-Co sulphide mineralized outcrops and sub-crops over approximately a 375-metre strike length, within the footprint of an approximately 600- metre-long conductive geophysical anomaly. Newly discovered mineralization to the northeast extending the surface strike length by approximately 200 metres and assaying as high as 0.69% Ni Equivalent. Syrah is considered a high-priority exploration target, making it a priority for drill testing during the summer 2022 program. One can be excused for focusing solely on the HPM Project with so much going on and prospect after prospect showing potential. But we can’t forget about the Brabant McKenzie deposit that already has an established resource of Inferred: 7.6 million tonnes @ 6.29% ZnEq and Indicated: 2.1 million tonnes @ 9.98% ZnEq. There are 10 highly prospective VMS targets, with VMS style mineralization already intersected at Main Lake and Betty target areas. But for now, the Company is focused on the HPM project with the recently completed recompilation and modeling of holes drilled at the Barre de
Fer zone indicating significant potential for expansion of high-grade nickel-copper-cobalt zones. A VTEM survey covering all of HPM, commenced on April 21st, 2022 with Murchison moving forward with preparations for a summer drill program on the HPM property focusing on Barre de Fer and Syrah. The completion of an early warrant incentive program has resulted in the addition of C$1.3 million in cash to go with the C$1.8 million the Company finished 2021 with. This capital will go a long way towards funding the 2022 summer program. With a market cap of only C$18.8 million there is plenty of leverage for investors looking for exposure to zinc, nickel and copper in a stable, mining friendly part of the world. How to Play the Coming Market Cleanup – Including Five Names To Watch Broad markets are down this week in a wide, deep selloff. Or for optimists out there it’s a general cleanup across the spectrum, punishing the overly ambitious. Gold is down too, as I’ll discuss below. Here’s what’s going on, and towards the end I’ll list five “mine and minerals” ideas on how to play it all. First, and obviously, markets have declined based on negative sentiment. And why? After all, is there any good news out there? Consider: War in Ukraine, rapidly emerging as a new, generational East-West struggle.
Structural, built-in inflation across every economy in the world. High oil and natural gas prices, with production and supply issues worldwide that have translated into shortages. The nat-gas shortages have led to a lack of fertilizer which – rolled in with high oil/diesel prices – foretells of eventual, widespread food scarcity. All of the above, while the global cargo ship economy remains mired in clogged ports, amplified by Covid shutdowns in China. And people have finally caught onto the racket of those high flying, profitless tech companies with business plans that lose money, seemingly forever. I could go on, but you get the picture. It’s a mess out there and getting messier. Not exactly the foundation of a booming global economy as 2022 unfolds. So yes, people feel negative, sell out, and go to cash. They de-risk, so to speak. Which brings us to gold, which is sliding. And here’s the quandary: Why sell gold into a de-risking market? Gold ought to represent long-term security in a time of risk, right? The sell-side argument is that interest rates are rising, and rising rates raise the carry cost for holding gold. That is, physical gold is “just metal” and doesn’t pay a dividend. So, every ounce in the vault is a missed opportunity to generate cash. And the imputed loss on gold (i.e., versus holding cash) is greater when interest rates are high. It’s not difficult to understand the argument, but I don’t buy it. Because look at the situation from a different angle. Per the U.S. government’s own statistics, inflation is running in the 8.5% range – and the true number might be twice that if you follow what is called “shadow statistics.” In that
respect, holding cash also has a cost, namely that 8.5% inflation rate (or more) per year of vanishing purchasing power. Here’s the investor choice: hold cash and generate minor amounts of interest in an environment of rising inflation. Or hold gold and protect the wealth basis against declining purchasing power over time. Indeed, the Fed threatens the world with small interest rate increases of 0.25% or even 0.5%. Okay, but that’s insignificant when compared with the 8.5% (or more) declining value of cash. So, why have people sold gold down in recent days? Well, sometimes you don’t sell what you want to sell. You sell what you have to sell. Like if you need fast cash. You sell gold because it’s liquid and always catches a bid. That’s not necessarily the case with many other investment ideas. During market sell-downs the price of gold often drops early, such as when overstretched people need cash to cover margin calls. But after that early tumble, gold tends to be among the first plays to recover on the other side of the selloff and cleanup. Along with the declining price of gold, metal miners often head down too. Good companies drop in value for no good reason. The list is long and includes names that hold great assets with serious ore in the ground, coupled with excellent geologic work, facilities, workforce and management teams. There’s no saying how long the current selloff will last. Will the market find a bottom and then head back up? Or will more downside yet unfurl? Nobody really knows, and things can change in a matter of hours.
But along these lines, I have five names for you, companies in the gold and related metals space that have tumbled in recent days into bargain-hunt land: One great up-and-running metal miner is Avino Silver & Gold Mines Ltd. (NYSE American: ASM | TSX: ASM). This company has operated near Durango, Mexico since 1968. The ore body is a deep-running series of veins that were first discovered in 1548 by Spanish explorers/conquistadores. There’s a full package of mineshafts, mills and processing facilities. Much of the operation was closed during Covid, but it’s all getting back into production. Ore grades are excellent, with continuing discovery as mining progresses. Plus, an offtake agreement with Samsung for all the metals. And here are a couple of names for companies well-along in the exploration side, with superb results to date and great prospects ahead: Take a look at American Pacific Mining Corp. (CSE: USGD | OTCQX: USGDF). This company controls a major copper exploration play in Madison, Montana and is partnered-up with giant Rio Tinto to explore a skarn-porphyry, mineral-bearing body. Progress – meaning mineralization uncovered – has been excellent over the past 18 months, with numerous unreleased drill results still to come. Meanwhile, Am-Pac holds 100% of two other outstanding, high-grade, near-surface gold plays in hard-rock mining country in Nevada. And look at Group Ten Metals, Inc. (TSXV: PGE | OTCQB: PGEZF). This is another company that works in the nickel-platinum belt of Montana, adjacent to property controlled by Sibanye- Stillwater. Group Ten controls a vast land package and has had remarkable success identifying high-grade zones of copper- nickel, along with platinum group metals, gold, silver and even chrome. Indeed, it’s a “battery metals” play from numerous angles.
For early-stage gold exploration, look at TRU Precious Metals Corp. (TSXV: TRU | OTCQB: TRUIF). The company works in Newfoundland, in a highly prospective gold-copper belt. Its neighbors include two well-known names, Marathon Gold and Newfound Gold Corp., and TRU is directly on the geologic trend that connects these other two plays. Early sampling, mapping and geophysics are promising, with drill results offering strong promise. And finally, another early-stage explorer, Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF). This is what geologists call a “hip pocket” play, an intriguing collection of historically explored and mined projects across Canada and in Nevada. Right now, the focus is on two high-grade works that were picked in the olden days, but abandoned to the mists of time due to low-priced gold. Modern geophysics and drilling reveal significant new mineralized zones. Romios is a small- cap play, but with the ability to move on news from the drill deck. That’s all for now… Thank you for reading. Geologically Newfoundland has it all, and York Harbour Metals is looking to join the fun with their copper-zinc- silver project I quite enjoy the opportunity to write for InvestorIntel as it allows me to look at some interesting stories that wouldn’t
otherwise be on my radar. There are thousands of publicly traded stocks out there and I certainly don’t have the focus or the drive to actively try and review all of them. And with being more or less locked down for the last two years one could also safely travel the world from their armchair while reviewing the plethora of small cap stocks listed on Canadian exchanges. I’ve explored parts of Fiji, Columbia, Indonesia and Chile to name a few but it seems I’m heading back to Newfoundland & Labrador fairly regularly. Ironically, I’ve actually visited “The Rock” numerous times and would highly recommend it to anyone interested in spectacular, rugged scenery, icebergs and super friendly people. But it’s the wonderful geology that the region is blessed with that has me returning time and again on behalf of InvestorIntel. You’ve probably guessed by now that I’m having a look at junior miner with a prospect located on the western shores of Newfoundland. The company is so fond of this prospect they recently changed their name to reflect this becoming their primary focus. York Harbour Metals Inc. (TSXV: YORK) rebranded from Phoenix Gold Resources Corp. (TSXV: PXA) in February of this year. York Harbour Metals is an exploration and development company focused on the York Harbour Copper-Zinc- Silver Project, a mineral property located approximately 27 km from Corner Brook, Newfoundland. The area is known to be prospective for copper-zinc-silver-gold-cobalt volcanogenic massive sulphide (VMS) deposits. The known mineralization exhibits characteristics consistent with classic mafic-type flow dominated (Cyprus-type) VMS deposits. You’ll have to go to their website to better understand the previous two sentences but they do a decent job explaining it in terms I can understand with links to additional resources if you really want to nerd out. There are a couple of things about this particular company that I find interesting. The first is the history of this property. This is a classic story of revisiting an old,
existing mine site with very little modern exploration having been carried out on the sizeable claim holdings. Copper and zinc massive sulphides were first discovered at York Harbour in 1893 where shaft sinking began in 1897 and mining continued to 1918. Activity resumed in the early 1950’s through to 1970’s where previous owners began a Sea Level Adit to enhance exploration and to become a main haulage level but it was never completed due to lack of funding. A total of 2,134 metres of underground drifting and development have been completed for which documentation is available. Drill core logs and sampling data are available for a total of 19,323 metres of historical drilling that tested eleven lenses or zones of copper-zinc-silver-gold-cobalt-bearing sulphide mineralization. I’m always attracted to companies that have a lot of historical workings they can review to preserve and optimize exploration capital. The next thing that puts York Harbour Metals on my radar is the stock price action over the last 6 months. Junior mining stocks haven’t exactly been setting the world on fire. They tend to perform even worse when the macro market is looking weak as nervous investors have a habit of dumping their riskier investments first. Since November 2nd, YORK/PXA is up 161% posting higher highs and higher lows along the way, forming a great up trending channel. It also seems to be finding great support at the 50 day moving average. Not to say this is the only junior mining stock doing well, but I can’t say there are many (if any) that are down 25% or more over that same period that I have on my watch list.
Source: StockCharts.com Lastly, I always like a steady stream of drill results, although I probably didn’t need to remind readers of this fact given how many times I’ve brought it up. York Harbour Metals have been pumping out the numbers over the last 4 months and there are plenty more to come. Phase 1 drill results were released Jan 17th and led to a decent spike in the share price. Highlights from that press release include YH21-06 with 52.2 metres of 0.85% copper, 91.8 g/t cobalt, 0.53% zinc and 1.75 g/t silver and YH21-09 with 11.6 m of 1.41% copper, 202.94 g/t cobalt, 0.10% zinc and 2.41 g/t silver. Results from the Phase 2 program released March 17 th and March 26 th also saw decent jumps in the share price with the latter resulting in a nice gap up. Highlights include YH21-18 with 25.00 metres of 2.70% copper, 9.04% zinc, 17.78 g/t silver, and 163.6 g/t cobalt and YH21-24, grading 5.25% copper, 436.5 g/t cobalt, 8.97 g/t silver, and 0.801% zinc over a drilling length of 29.0 metres. The latest price spike on April 18th came on an update on the Phase 3 diamond drilling program where the Company confirmed completion of 28 NQ-size diamond drill holes totaling 4,980 metres with visual pyrite, chalcopyrite and sphalerite of varying degrees in almost all of the drill intercepts.
If the assay results are anywhere near as good as the market’s interpretation of the visual estimates of the copper (chalcopyrite) and zinc (sphalerite) indicators we could be in for more good times at York Harbour. The last thing that I like is that it has a relatively tight share structure, with only 48.8 million shares outstanding. That makes the market cap C$62.5 million, which seems a little high to me for a junior miner without a resource estimate. However, the stock action would suggest that those a lot more knowledgeable about geology think this could be the real deal. Robert Vallis talks about Signature Resources’ imminent NI 43-101 report and future expansion plans In this InvestorIntel interview with host Chris Thompson, Signature Resources Ltd. (TSXV: SGU | OTCQB: SGGTF) President, CEO, and Director Robert Vallis provides an update on the progress of a NI 43-101 resource estimate and highlights from the 2021 drill program for the Lingman Lake Gold Project in Ontario, Canada. In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Robert Vallis talks about the results from their 2021 drill program which showed mineralization open at depth, and the re-evaluation of historic exploration data at Lingman Lake leading to the decision to accelerate the publication of an initial NI 43-101 resource estimate now expected in May, 2022. He also provides
an update on Signature Resources’ recently closed oversubscribed $2.4M financing and how the funds will be deployed. Don’t miss other InvestorIntel interviews. Subscribe to the InvestorIntel YouTube channel by clicking here. About Signature Resources Ltd. The Lingman Lake gold property consists of 1,434 staked claims, four freehold fully patented claims and 14 mineral rights patented claims totaling approximately 27,113 hectares. The property includes what has historically been referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-metre shaft, and 3-levels at 46-metres, 84-metres and 122-metres depths. There has been over 28,000 metres (177 drill holes) of historical drilling done on the Property. To learn more about Signature Resources Ltd., click here Disclaimer: Signature Resources Ltd. is an advertorial member of InvestorIntel Corp. This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including
those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein. Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company. If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at info@investorintel.com. Fjordland Exploration looks to ride nickel surge with 4 projects in Canada The nickel market has been red hot in 2022 as Russian supply chain risks intensified. Russia is a major nickel exporter. The huge spike in the chart was caused by a short-seller squeeze that resulted in the London Metals Exchange having to halt nickel trading. Nickel one year price chart showing nickel’s steady rise on strong demand and constrained supply, particularly with concerns over Russian supply
Source: Trading Economics Nickel miners have naturally benefited from higher nickel prices over the past year. The nickel miners that tend to do best are those with growing nickel sulphide projects in safe jurisdictions. Today’s company has 4 projects (nickel sulfide and copper-gold) in the safe jurisdiction of Canada. Fjordland Exploration Inc. (TSXV: FEX) (Fjordland) is an exploration stage miner with a focus on nickel, copper, and gold in Canada. Fjordland’s four projects in Canada include: South Voisey’s Bay Project (currently owns 75% with an option to earn-in to a 100% interest). 29,400 hectares (29.4 Sq.Km) prospective for nickel, copper and cobalt. Note: Ivanhoe Electric is a private company led by Robert Friedland, which has the right to earn 65% of the project from Fjordland once Ivanhoe Electric has spent $5 million. Renzy Nickel-Copper Project (option to earn-in to a 100%
interest). 86 km2 property with the past producing Renzy Mine and a Historical NI-43-101 Resource estimate (indicated 51,000 tonnes 0.79% Ni and 0.72% Cu) not yet to be relied upon. Past drilling included 10.8 m of 1.3% nickel and 1.8% copper. Milligan West Project (43% JV partner with Northwest Copper Corp). Copper-gold porphyry potential. The Project lies immediately west of Centerra’s Mt. Milligan Mine. Witch Project (100% interest) – 100 km2 property about 35kms from the Milligan West Project. Copper-gold porphyry potential. A summary and location map showing Fjordland’s four exploration projects in Canada Source: Fjordland Exploration Inc. company presentation Next steps for Fjordland In 2022 Fjordland will be reviewing data from their Witch Project acquisition. They also expect to receive project funding from Ivanhoe Electric as part of their agreement at
the South Voisey’s Bay Project. Fjordland is also currently drilling at their Renzy Nickel Copper Project with a $1 million fully funded program which is expected to be completed by the end of Q2 2022. Results to follow. Closing remarks For investors, key attractions of Fjordland are the current low market cap of just C$7 million and the potential exploration upside in some of the best land positions in Canada. Voisey’s Bay is world renowned for nickel with the world’s largest nickel producer Vale operating there. Fjordland has four well-located Canadian projects with potential for nickel, copper, cobalt, and gold. As of March 2022, management and insider ownership (includes Friedland’s Ivanhoe Electric) is an impressive 45%. Due to the early stage investors will need plenty of patience while we wait to see what exploration success Fjordland has. Drill results from the Renzy Nickel Copper Project are a key potential stock catalyst in the coming months. Risk is therefore higher due to the early stage, however so is the potential reward. Stay tuned. Industry experts Jack Lifton and Byron W. King talk about the coming economy based on
gold and energy. In this video, long-time mining and metals analysts Jack Lifton and Byron W. King discuss gold, inflation, and global economic trends driven by rising energy prices. Gold prices will bounce around, to be sure. But energy-driven inflation is now structural and embedded in both the U.S. and global economy. Meanwhile, U.S. sanctions against Russia are backfiring, undermining the credibility of the dollar. Over time, we will see a new international financial standard based on hard commodities and energy. To access the complete episode of this Critical Materials Corner discussion, click here Peter Clausi on Silver Bullet Mines assay results and oversubscribed financing In this InvestorIntel interview with host Chris Thompson, Silver Bullet Mines Corp.’s (TSXV: SBMI) VP Capital Markets and Director Peter Clausi provides an update on the recent assay results from Silver Bullet Mines’ Buckeye Mine in Arizona which returned values as high as 24,226 g/t silver. In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Peter Clausi talks about the production timeline for the Buckeye Silver Mine with pilot silver production anticipated within 2 months. Peter also talks about Silver Bullet Mines’ recently closed financing which was significantly oversubscribed, and provides
an update on Silver Bullet Mines’ high-grade past-producing Washington gold-silver mine in Idaho. Don’t miss other InvestorIntel interviews. Subscribe to the InvestorIntel YouTube channel by clicking here. About Silver Bullet Mines Corp. Silver Bullet Mines Corp. is a silver and copper exploration and development company with projects in the western USA. Their flagship project is the Black Diamond, close to 5,000 acres in the Miami-Globe copper camp and centered on the Richmond Basin. The basin is the site of the original 1870s native silver discoveries that brought prospectors to the now significant Globe copper camp. The story goes that a scouting party was fired upon by Apache Indians using bullets made of hammered native silver. Thus inspiring the company name – Silver Bullet Mines. The Richmond Basin is the location of several historic high grade silver-copper mines including: McMorris, La Plata, Helena, Silver Sevens, Buckeye and numerous associated prospects. Little work or extraction came from this area since the early 20th century as the camp focused on big copper mines. But these mine anchor this section of what is called the Arizona Silver Belt that extends from the famous Silver King near Superior, AZ and parallels the trend of the major copper deposits including the Magma mine. They believe the high grade silver is still there waiting for discovery. To know more about Silver Bullet Mines Corp., click here Disclaimer: Silver Bullet Mines Corp. is an advertorial member of InvestorIntel Corp. This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this
interview is accurate or complete. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein. Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company. If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at info@investorintel.com. Jim Engdahl on MAS Gold’s
Saskatchewan advantage In this InvestorIntel interview with host Tracy Weslosky, MAS Gold Corp.’s (TSXV: MAS) CEO and Director Jim Engdahl talks about the competitive advantages of Saskatchewan for gold exploration. In the interview, which can also be viewed on the InvestorIntel YouTube channel (click here to subscribe), Jim talks about MAS Gold’s significant land position in Saskatchewan’s highly prospective La Ronge Gold Belt. Ranked as one of the best mining jurisdictions in the world, Jim says that Saskatchewan has well-developed infrastructure and still remains underexplored for gold. Touching upon the prevailing market uncertainties and higher gold prices, Jim explains why junior gold miners have become “exceptionally attractive,” especially those in good jurisdictions. To watch the full interview, click here About MAS Gold Corp. MAS Gold Corp. is a Canadian mineral exploration company focused on gold exploration projects in the prospective La Ronge Gold Belt of Saskatchewan. MAS Gold operates four properties in the belt, including the Preview-North, Greywacke Lake, Elizabeth Lake and Henry Lake Properties that extend along segments totaling roughly 60 kilometres of the geologically prospective La Ronge, Kisseynew and Glennie Domains that make up the La Ronge Gold Belt. MAS Gold’s current projects include the North Lake, Greywacke North, Bakos (Contact Lake) and Point gold deposits and the historically defined Elizabeth Lake copper-gold volcanic- hosted massive sulphide deposit within four properties totalling 34,703.4 hectares (85,753.8 acres). The North Lake deposit located at the Preview-North Property
is estimated to contain an Inferred Mineral Resource of 18,100,000 t grading 0.85 g/t Au, hence 494,000 contained ounces of gold (Godden, S, Thomas, D. Tupper, D. Technical Report on the Mineral Resource Updates, North Lake and Greywacke North Gold Projects, La Ronge Gold Belt, Saskatchewan, Canada.; effective date December 1, 2021)*. The Technical Report about the updated Mineral Resource estimate was filed on SEDAR January, 12, 2022. The Greywacke North deposit, which hosts multiple known stratabound, high-grade gold-bearing zones, has an updated, combined open pit and underground Indicated Mineral Resource of 645,000 t averaging 4.90 g/t Au for 101,000 insitu ounces of gold (600,000 t at 4.89 g/t Au, and 45,000t at 5.03 g/t Au, respectively), plus a combined open pit and underground Inferred Mineral Resource of 410,000 t averaging 4.12 g/t Au for 55,000 insitu ounces of gold (35,000 t at 1.97 g/t Au, and 375,000 t at 4.33 g/t Au, respectively). The Indicated and Inferred Mineral Resources were estimated using open pit and underground cut-off grades of 0.65 g/t Au and 1.75 g/t Au, respectively (Godden, S, Thomas, D. Tupper, D. Technical Report on the Mineral Resource Updates, North Lake and Greywacke North Gold Projects, La Ronge Gold Belt, Saskatchewan, Canada.; effective date December 1, 2021). The Technical Report about the updated Mineral Resource estimate was filed on SEDAR January 12, 2022. To learn more about MAS Gold Corp., click here Disclaimer: MAS Gold Corp. is an advertorial member of InvestorIntel Corp. This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein. Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company. If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at info@investorintel.com. Troilus Gold’s Justin Reid talks about restarting and
expanding a proven gold mine In this InvestorIntel interview with host Tracy Weslosky, Troilus Gold Corp.’s (TSX: TLG | OTCQX: CHXMF) CEO and Director Justin Reid provides an update on the drill results from Troilus Gold’s high-grade gold-copper-silver Testard target. In the interview, which may also be viewed on the InvestorIntel YouTube channel (click here to subscribe), Justin follows up on Dean Bristow’s recent InvestorIntel article on Troilus Gold: “Is Troilus Gold undervalued? Yes.” Justin highlights the competitive advantages of Troilus Gold that have earned them strong shareholder and institutional support, and have positioned them to potentially “rank among the top 10 largest gold producers in Canada.” Talking about the potential mine restart of past-producing Troilus Mine, Justin says that the Testard target has returned the highest in situ gold and silver grades identified in the entire Frôtet-Evans Greenstone Belt to date. To watch the full interview, click here About Troilus Gold Corp. Troilus Gold Corp. is a Canadian-based junior mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. From 1996 to 2010, the Troilus Mine produced +2 million ounces of gold and nearly 70,000 tonnes of copper. Troilus is located in the top-rated mining jurisdiction of Quebec, Canada, where is holds a strategic land position of 1,420 km² in the Frôtet- Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with significant mineral resource growth. The Company is advancing engineering studies following the completion of a robust PEA
in 2020, which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America. To know more about Troilus Gold Corp., click here Disclaimer: Troilus Gold Corp. is an advertorial member of InvestorIntel Corp. This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein. Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent
investigations in order to determine their interest in investing in the Company. If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at info@investorintel.com.
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