Victoria Gold in Pictures
It is sometimes tough to get a picture of a company’s activity just from reading their press releases. Which is why we were delighted to receive Victoria Gold’s (V.VIT) “Pictorial Update”.
Category: update
Cormark assesses Victoria Gold
Cormark Securities assesses Victoria Gold (V.VIT) in light of its most recent results and action in the junior gold sector,
Echelon covers Victoria Gold
Echelon Wealth Partners commented on today’s Victoria Gold news release,
Metallic Minerals begins Royalty Program
Metallic Minerals (V.MMG) has a press release out today announcing an option agreement to acquire 36.4 square kilometres (“km2”) of mining rights along the Australia Creek drainage, a tributary to the Indian River, in the Klondike gold district near Dawson City, Yukon. In the same release Metallic announces that it has entered into a production royalty agreement for 2.4 kilometers of that property which will give Metallic a 12% royalty on gold produced.
Peartree Securities on the Yukon
Excellent perspective piece on the Yukon mining scene by Gary Baschuk of Peartree Securities. Peartree specializes in flow through shares which finance so much of the exploration which takes place in Canadian Mining and Baschuk has seen a lot of exploration camps. It is interesting to see companies like Victoria Gold, Atac Resources and Western Copper and Gold through a finance guy’s lens.
Tahoe Resources gets its Guatemalan licence back
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) (“Tahoe” or the “Company”) reported today that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the Supreme Court’s preliminary decision to suspend MSR’s license in connection with an action brought by the anti-mining organization, CALAS, against Guatemala’s Ministry of Energy and Mines (“MEM”). CALAS alleges that MEM violated the Xinca indigenous people’s right of consultation in advance of granting the Escobal mining license to MSR. (full release here)
GGX Gold: 16 meters 4.59 gpt AU
GGX Gold (V.GGX) is reporting over 16 meters of 4.59 gpt gold and 38.64 gpt silver at its Gold Drop Project near Greewood, BC. We’ve had interesting results from GGX earlier this summer with “Samples from the first batch of samples returned significant results for gold and silver with values up to 81.8 g/t Gold and 630 g/t Silver. (August 21, 2017) and drilling results including a half meter of 24.1 gpt AU and 192 gpt AG (August 28, 2017).
Road to Riches
Chris Donaldson, Manager, Corporate Development at Western Copper and Gold (T.WRN) draws our attention to a joint Federal/Provincial News Release announcing a 360 million-dollar commitment to road construction in Yukon. The package includes funds for road upgrades and extensions to WRN’s Casino Project.
ATAC on the rise
ATAC Resources Ltd. Intersects 12.50 m of 20.78 g/t Gold of Near-Surface Mineralization at the Conrad Zone read the headline of ATAC’s August 29th press release.
Redcloud on Victoria Gold
“We expect continued exploration success to be a positive catalyst for the stock and should help demonstrate the exploration upside that exists. Victoria currently trades at a discount on a per ounces basis, or C$33/oz versus peers at C$57/oz, which we believe does not take into account the exploration potential of the Dublin Gulch property or that the project has just transitioned from shovel ready to under-construction.” read full report here