The Aben Resources Cycle

Technical analyst Clive Maund explains why he believes shares of this Golden Triangle explorer are at a good entry point over at Streetwise Report.
Technical analyst Clive Maund explains why he believes shares of this Golden Triangle explorer are at a good entry point over at Streetwise Report.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) announced today that Phillip Walford, President and Chief Executive Officer, has advised the Company that he will retire as CEO once a successor is hired and he has agreed to assist the Board of Directors to ensure a seamless transition. Following his retirement, Mr. Walford will continue to serve as a director of the Company and will be available to provide ongoing input and support with respect to the Company’s flagship Valentine Gold Camp. The Board of Directors has commenced a global search for a new President and CEO who has the expertise and track record to lead the company through the next phase of development and construction of the Valentine Gold Camp.
If you want the bullet on Marathon Gold (T.MOZ) spend three minutes watching this video from JustMiningStocks:
Goldplay’s (V.GPLY) San Marcial project consists of 1,250 hectares, located south of the La Rastra and Plomosas historical mines in one of most important multi-million ounces (Au-Ag) mine district in Sinaloa – Mexico. It is a large concession and Marcio Fonseca, the company’s President and CEO, together with Goldplay’s team based in the regions are driving the exploration program towards discoveries of large Au-Ag deposits.
Our friends at the Northern Miner have a great backgrounder article on White Gold. In it White Gold CEO David D’onofrio is quoted as saying,
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce it has commenced its $13 million fully funded 2019 exploration program on its extensive 439,000 hectare land package, representing over 40% of the prolific White Gold District in Yukon, Canada. A total of 17,000m of diamond drilling and 7,500m of Reverse Circulation (“RC”) drilling is expected this season as part of the Company’s systematic data driven exploration plan backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). Exploration activity has commenced on the JP Ross property focusing on expanding the footprint of the recent Vertigo discovery and other newly identified high priority targets along the 14km Vertigo Trend.
Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce that it has completed its previously announced drill program to explore for the extension and potential additional high-grade gold-bearing veins in the Smoke Lake Gold System (“SLGS”) on the Black Raven property (see press release dated February 22, 2019).
When a whole sector of the market falls out of favour with investors even the best news can fail to move a company’s share price. Precious metals explorers and developers, no matter how good their stories, have had an incredibly hard time gaining market traction over the last couple of years. Which creates a real challenge for CEO’s like Phil Walford of Marathon Gold (T.MOZ).
One of the challenges the Yukon poses is to think “big enough”. As you fly over you see hundreds of placer operations, some recreational, some huge, all pulling gold in flakes and nuggets from the creeks which run between the hills and mountains. The essential geological insight is that the placer gold in the creeks came from somewhere and the logical place to look are the valley walls surrounding the creeks. Which is fine as far as it goes, but where did that gold come from?