motherlodetv.net
Vancouver-based Commerce Resources (TSXV: CCE; US-OTC: CMRZF) is trying to confirm feasibility of what could be the first rare earth element (REE) mine in Canada and one of the most significant outside of China.
“Alabama Graphite Corp. (TSX-V:CSPG) (OTCQB:CSPGF) is pleased to announce that the Company has executed a Letter of Intent with an established United States-based lead-acid battery manufacturer to supply high-purity, natural flake premium Purified Micronized Graphite product — marketed under the tradename ULTRA-PMG™ — and Delaminated Expanded Graphite conductivity enhancement materials for applications in the negative electrodes of advanced lead-acid battery systems.”
When you read about Victoria Gold beginning to build a mine or Alexo getting ready to put an old mine into production, the part of the story which is not obvious is where the workers for those mines are going to come from. Yukon’s population is roughly 36,000 people. Not very many.
“I going to share something with my readers that no one has ever mentioned that you really want to think about. Pretend for a moment that the lava never covered the sand and gravel and turned it into hard rock. Instead of this being a 5-20 meter thick hard rock conglomerate, it’s a simple 5-20 meter thick sand and gravel bed with gold nuggets in it.
“As a result, the Vancouver-based company has been able to quickly expand the known gold mineralization along strike and at depth and is finding multiple new mineralized horizons within the 105 square kilometre land package.
A B-TV/BNN Interview with Mining Analyst, Chris Thompson, Raymond James speaking about Victoria Gold will be featured on BNN this weekend – Sept 30 & Oct 01.
We are lucky enough to, occasionally, have guest commentary from newsletter writer David Erfle at http://www.juniorminerjunky.com/. I spent a lot of time with David in the Yukon and he asks the right questions about junior mining stocks. Here’s what he has to say about Bonterra Resources (V.BTR)
Quinton Hennigh of Novo Resources (V.NVO) took to the Denver Gold Forum and presented a live feed from Western Australia. Not often do you see geos digging nuggets out of the ground.
Metallic Minerals (V.MMG) announced its second placer agreement in the Yukon. This one is for a mile of claims along a bench of Dominion Creek. Metallic acquired these claims and then executed an exclusive mining agreement with an experienced placer outfit. Metallic will retain a 15% royalty on all the gold mined.
The Gold Report puts together analysis of Victoria Gold from Raymond James, Echelon and PI Financial. Well worth seeing why each of these firms see VIT as a buy with a target price of $0.90 to $1.00. At the moment VIT is trading at $0.48.