Stratabound Minerals: “How do we mine this?

V.SB, Stratabound Minerals, gold, Yukon

Typically, an exploration company will hire an exploration geologist to run a greenfields program on prospective ground. This makes a lot of sense as exploration geologists serve what amounts to an apprenticeship learning how best to evaluate and de-risk a piece of ground. Stratabound Minerals (V.SB) went in another direction: their President and CEO, Kim Tyler has a wealth of experience as an “operating geologist”. read more

First Mining Gold: Pre-Feasibility at Springpole Lake, Ontario

T.FF, First Mining Gold, gold, Ontario

First Mining Gold (T.FF) has just released a Pre-Feasibility Study on its Springpole Lake project in Ontario. The headline numbers tell the story, Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%, Average Annual Gold Production of 335,000 ounces and AISC of US$577/oz in Years 1 through 9. Proven and Probable Reserves of 3.8 Moz Au, 20.5 Moz silver (“Ag”). These are big, profitable, numbers and First Mining Gold is pressing ahead to permitting its Springpole Lake project. read more

CBLT Acquires Shatford Lake Lithium Property

CBLT.v, gold

There are a lot of different ways for a company to make money in the junior mining space, for Peter Clausi, CEO of CBLT, it all comes down to acquiring prospective assets at good prices. So it was no surprise that CBLT announced February 8, 2021 that it was buying ground at Shatford Lake, located in the Winnipeg River-Cat Lake pegmatite field in eastern Manitoba near the Ontario border. read more