Category: article

Transition Metals: Pipeline growth without dilution

JayCurrie
V.XTM, Transition Metals, gold, Ontario, Scott McLean

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” read more

Terrax: Yellowknife Gold

JayCurrie
V.TXR, Terrax Minerals, gold, NWT
V.TXR, Terrax
Burwash Mine Map (click to enlarge)

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. read more

Sierra Metals: Value in Brownfield Exploration

JayCurrie
T.SMT, Sierra Metals, Peru, silver, Igor Gonzales

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.” read more

Marathon Gold: All About Shareholder Value

JayCurrie
T.MOZ, Marathon Gold

“My job is to increase value for shareholders,” said Phillip Walford, CEO of Marathon Gold (T.MOZ). Increasing value for Marathon shareholders at its Valentine Lake Gold Camp, in central Newfoundland, means drilling. And drilling means a steady flow of results. In Marathon’s most recent release Walford stated, “The high-grade areas tested to date in the Main Zone of the Leprechaun Deposit are much better defined by our recent drilling. Four drill rigs are continuing to add to the resources at both the Marathon and Leprechaun Deposits. We are on track to complete the property-wide resource estimation by early November and begin the PEA.” read more