Cartier Resources: More Gold at Chimo
Over on Substack, I write about Cartier Resources (ECR.V). Philippe Cloutier is racking up the gold ounces at the old Chimo Mine site in Quebec. While we’re waiting for news, here’s the background.
Author: JayCurrie
Defence Metals President Luisa Moreno on CTV
Interesting CTV interview with Luisa Moreno, President and Director of Defence Metals (DEFN.V)
Millennial Potash: Talking My Book
A few months ago I started a SubStack about junior resource companies I either hold shares in or am thinking about taking a position in. Unlike motherlodetv.net where we try to stay very objective, over on “Talking my Book” I give my opinions (for what they are worth) about some of the promising juniors I am lucky enough to own.
Clean Air Metals: Royalty, Not Equity
One of the challenges in the junior resource exploration/development sector is attaching a credible net asset value to potential assets in the ground. A 43-101 resource estimate is helpful, so is a preliminary economic assessment; but neither really attaches a hard cash value to a company’s project.
Tocvan Commences the Drilling Season at the El Picacho Gold/Silver Project in Sonora Mexico
Announcing the start of the operating season is usually a somewhat ho-hum press release. However, Tocvan Ventures (TOC:CSE) is beginning to drill the 24 km2 area that makes up the El Picacho Project in Sonora Mexico. While the company will continue to work on its Pilar project, the real excitement this season will come from Picacho.
Grid Metals: Cashed up and moving forward
Raising money in the current market has been difficult for many junior exploration and development companies. So the Grid Metals team’s achievement, raising $8.52 million for Grid Metals (GRDM.V), is particularly important.
Tocvan Announces Attendance at Discoveries Conference and Filing of Warrant Extension
Calgary, Alberta – TheNewswire – September 16, 2022 – Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3) is pleased to announce it will be presenting at the Discoveries Mining Conference in Hermosillo, Sonora, Mexico on October 5th. This is the 8th addition of the conference that showcases Mining and Exploration companies of Mexico. The conference is held October 4th to 6th. Tocvan will have a booth for the duration of the event (Booth #173) and President & CEO, Brodie Sutherland will be presenting on the Company’s two gold-silver assets in Sonora. For more information on the conference visit: 2022 | Discoveries Mining Conference (discoveriesconference.com)
Grid Metals Corp Closes $4.92 Million First Tranche of $8.52 Million Strategic Financing
TORONTO, ON / ACCESSWIRE / September 19, 2022 / GRID METALS CORP. (TSXV:GRDM)(OTCQB:MSMGF) ( “Grid ” or the “Company”) today announced it has closed a $4,920,000 first tranche (the “First Tranche”) of its previously announced non-brokered private placement of 56 million shares for gross proceeds of $8,520,000 ( the “Offering”). Churchill Strategic Investments Pty Ltd is acting as Lead Manager of the Offering.
Tocvan Ventures: Exploring and Developing Gold (and Silver) in Mexico
Brodie Sutherland, CEO of Tocvan Ventures (TOC:CNX), has set a course for the company which will allow it to explore, drill and bulk sample at its two gold/silver properties in Sonora Mexico. Critically, Tocvan concluded a 5.125 million dollar financing which will fund operations for the next two years.