Crown Mining: An Option on Billions of pounds of Copper
Propose that I offered you an option on billions of pounds (maybe more) of copper with a delivery date six to ten years from now. What would that be worth?
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Argentina Lithium: Local Knowledge Counts
Twenty five years ago Argentina liberalized its business and mining rules. At the time the mineral rich nation had barely been explored using modern techniques. A fact which Joe Grosso was very much aware of. He set out to explore in Argentina and, over the years, made three major discoveries and was named Argentina’s ‘Mining Man of The Year’ in 2005. Joe Grosso is the founding force behind Argentina Lithium (V.LIT).
Falco: New Mines under Old Smelters
You could practically hear Falco Resources’ (V.FPC) Vincent Metcalfe beaming down the phone. He was apologizing for being a bit tough to reach. “We just closed a $300 million private placement for Osisko Gold Royalties, the group’s mothership. It’s been busy.”
Margaux Resources: Consolidating The Kootenay Arc
If you look at a map of historical mining districts in British Columbia, the southeastern corner stands out. Gold, silver, lead, zinc and tungsten have all been profitably mined in the area.
Transition Metals: Pipeline growth without dilution
Transition (V.XTM) CEO Scott McLean is very clear about the difference between a project generator and a junior explorer, “The big difference is that a traditional junior will raise money by diluting the shareholder’s equity to fund the advancement of one or two projects. Under the project generator business model, the Company holds multiple projects and the exploration is funded by a partner in return for a stake in a specific project. This model allows projects to be funded with minimal shareholder equity dilution. The approach leverages the investor’s exposure to the upside that can come from discovery in a manner that insulates the downside that can come from excessive shareholder dilution if results prove unfavourable”
Terrax: Yellowknife Gold
The area surrounding Yellowknife in the Northwest Territories is well known for its historic gold mines. Millions of ounces have been recovered from the past producing Con and Giant Mines. For Terrax Minerals (V.TXR), having ground within sight of the abandoned headframes of these famous mines was the beginning of the story. Extensive exploration has discovered both high grade and bulk gold showings along 45 km of strike on trend with the Con Mine and Giant Mine, two of Canada’s highest grade gold mines.
Cartier Resources: Deeper and Wider in the Abitibi
The Abitibi region in Quebec is filled with gold mines both currently producing and shut down. For Philippe Cloutier, President and CEO of Cartier Resources (V.ECR) a closed mine is a huge opportunity.
Jourdan Resources: Dollars and Sense in Lithium
Lithium is very much in the news. The immense possibilities of the electric vehicle revolution with its endless appetite for Lithium Ion batteries have crews drilling lithium-bearing brines and looking at hard rock lithium deposits very seriously.
Ascendant Resources: Turning around a Honduras Zinc-Lead-Silver Mine
Ascendant’s (T.ASND) El Mochito zinc-lead-silver mine is located in northwest Honduras and has been in continuous operations for over 70 years. As Ascendant CEO Chris Buncic puts it, “The El Mochito mine is a turnaround story and we are happy to report that the turnaround is near completion.”
Sierra Metals: Value in Brownfield Exploration
At the recent Beaver Creek Precious Metals Summit Igor Gonzales, CEO of Sierra Metals (T.SMT) had quite a story to tell. On the one hand, Sierra has three producing mines, two in Mexico and one in Peru. At each of these mines, Sierra is upgrading its operations and increasing the throughput. On the other, Sierra is engaged in significant “brownfield” exploration to extend the resources it already has. “Brownfield exploration,” said Gonzales, “is a cost-effective way to grow. At Beaver Creek, there was a very positive reaction to what we’ll be doing next.”