Category: article

Cartier Resources: Going Big in 2025

MotherlodeTV
gold, quebec, abitibi, ECR.V, Cartier Resources,

Philippe Cloutier, CEO of Cartier Resources (ECR.V) was already sitting on an indicated and inferred gold resource of just under 3 million ounces at and near the Chimo mine in Quebec. But he was pretty certain the geology surrounding the former past producing mine property is part of a gold trend along the prolific Larder Lake – Cadillac Fault Zone. Cartier acquired land adjacent to the Chimo Mine property in 2022, identified over 50 Potential Gold Intersections Over 15 Favorable Kilometers based on historical drilling over the previous 60 years by over a dozen operators and has been drilling for the last year. read more

A Ramp: Eloro fast forwards Iska Iska

JayCurrie
Eloro Resources, ELO.T, silver, zinc, tin, Bolivia

Iska Iska, Eloro’s (ELO.T) massive silver/lead/zinc/tin discovery in Bolivia is heading towards a PEA for its starter pit. 35,000 tons a day of high-grade silver with a significant zinc component. With a little more definition drilling there should be a tin component as well. Speaking with Tom Larsen, Eloro’s CEO, it’s very clear that the PEA is well in hand. read more

Bayhorse Silver: Riding the VTEM Rocket

JayCurrie
Bayhorse Silver, BHS.V, Silver, Copper, gold, Oregon, Idaho

Not quite a rocket, yet, but a year ago Bayhorse Silver (BHS.V) was very close to the end. While it had a silver mine, a mill and an ore sorter, it did not have a final permit which would allow it to actually operate its mine. In some jurisdictions, this would not have been a show stopper and the permit would arrive in short order. But the Bayhorse mine is in Oregon, a state where mining is politically unwelcome. The permit was going to take a while. read more

Eloro: Bulk Sampling for Bulk Mining…and a New, Huge, Target

JayCurrie
Eloro, ELO.T, silver, tin, zinc, Bolivia
IP at Iska Iska

The metallurgical drill holes used at Iska Iska are larger diameter than the regular diamond drill exploration holes. For Eloro (ELO.T) and its CEO, Tom Larsen, this makes all the difference. “The more the better,” said Larsen in a telephone interview. “The Iska Iska minerals are mainly disseminated in stockworks and veinlets. A bulk sample is much more representative of the grades you will encounter when you mine the deposit.” read more

Cartier Silver: High Grade Silver Closing in on Production in Bolivia

JayCurrie
Cartier Silver, CFE.C, silver, lead, zinc, Bolivia

Superficially, Cartier Silver (CFE.C) and Eloro Resources (ELO.T) look very similar. Same CEO, same management team, same geos, same tight share structure…silver in Bolivia! In fact, they are very different animals. Eloro’s Iska Iska deposit is a giant (over 670 million tons), silver plus tin plus zinc, polymetallic, project with complex geology and solid grades. Cartier’s Gonalbert property in the Chorrillos silver project is lower tonnage with but higher grades of silver-lead. read more

Graduation Day: Cartier Resources completes its PEA

JayCurrie
ECR.V, Cartier Resources, gold, Quebec, Chimo Mine

A Preliminary Economic Assessment (“PEA”) is a significant milestone for junior exploration companies, essentially it promotes them into a select group of “valued asset” owners in the mining industry. It is a third-party assessment of the economic viability of the project’s resource estimates which a company has completed to date and it is an outline of the steps to be taken to reach commercial production. read more