On November 26, 2019 White Gold announced a major discovery at its Hen Property in the White Gold District of Yukon. The target group is referred to as Titan. The discovery was the result of the first ever drilling at the target.
Marcio Fonseca wears two hats, ten years of investment banking with Macquarie Bank, but trained as an exploration/project/resource geologist. His company, Goldplay (V.GPLY) uses his investment banking know-how to finance what is clearly his real passion, the discovery of high-grade mineral deposits.
One of the biggest issues miners face is processing the material they extract in an efficient and effective manner. For Golden Predator’s (V.GPY) 3 Aces project, bulk sampling has yielded a great deal of knowledge and with it three distinct concentrates. All are high grade, but each presents a different processing challenge.
It is still a very tough market for gold explorers. Andrew Pollard, CEO of Blackrock Gold (V.BRC) knows this. The fact that Blackrock’s share price has gone from $0.03 to as high as $0.30 since Pollard became CEO in May of 2019 is encouraging but, Pollard is well aware, what matters are results.
Cannabis investors have had a series of rude shocks in the past few months. Right now, people still believe in the cannabis opportunity are much more selective in their investment choices. They want companies with real assets, cash on hand, a real business plan, proprietary intellectual property and a well-defined market.
David D’Onofrio, CEO of White Gold Corp (V.WGO), says the company offers the opportunities and has the successes of multiple mining juniors, all combined into one company. “It’s not about one project or one resource, but about continually advancing our pipeline of multiple exploration projects efficiently and effectively in an exciting new gold camp.” states D’Onofrio.
Any exploration company CEO would be pleased to report a headline number of 204.6 grams per ton gold. For Goldplay (V.GPLY) CEO Marcio Fonseca, that is just the beginning. The drill result reported in the July 30 press release is part of a much larger story.