A little while ago, we flew to Ireland to kick the tires of Group Eleven Resources (ZNG.V), a relatively new zinc exploration company focusing on advanced stage projects in Ireland. Except for the zinc aficionado’s, very few people outside of Europe realize Ireland actually was one of the epicenters of […]
Group Eleven Resources (ZNG.V) has now initiated a 1,500-2,000 meter drill program on its Stonepark project in Ireland (76.56% owned). The company seems to be keeping the expectations low as this initial drill program has mainly been designed to get a better understanding of the geological structures at Stonepark. All […]
Callinex Mines (CNX.V) has completed its Induced Polarization survey on its Nash Creek zinc project in New Brunswick, and has now released the preliminary results of this survey. These results seem to indicate the existence of an area of interest of approximately 400 meters by 1900 meters just one kilometer […]
‘Buy on the rumor, sell on the news’ is a very real mantra these days. It was generally expected Excelsior Mining (MIN.TO) would receive its final permit from the EPA, but the company’s share price lost approximately 25% in the subsequent week. Undeservedly so, as this final approval (which will […]
Panoro Minerals (PML.V) continues to work on its fully owned Cotabambas copper-gold-silver project in Peru, and it has now released excellent assay results from its Petra target where the drill bit intersected 79 meters containing 0.32% copper, 0.08 g/t gold and 2.2 g/t silver in an interval starting at surface. […]
Not entirely unexpected, Excelsior Mining’s (MIN.TO) share price has performed very well since our initial report in April, going as high as C$1.48 which is 85% higher than the C$0.80 when we published our first report. This increase was caused by a smooth permitting process as well as a substantial […]
Falco Resources (FPC.V) has released the results of the feasibility study it has completed on the Horne 5 polymetallic project in Rouyn-Noranda, Québec. There were no huge surprises compared to the Preliminary Economic Assessment as the FS confirms a mine life of 15 years with an average gold production of […]
How times have changed! Just 18 months ago, during PDAC 2016, Vendetta Mining (VTT.V) announced that it was raising capital at C$0.05 to advance its lead-zinc project in Australia. That was way before the zinc price started to increase, and we think it’s fair to say the first few weeks […]
Falco Resources (FPC.V) has entered into an agreement with the ABB Group (ABB) which includes the EPCM contract for the hoisting systems which will be used at the underground polymetallic Horne 5 mine in Rouyn-Noranda, Québec. The deal includes three hoists, and the service and auxiliary hoists will be installed […]
First Cobalt (FCC.V) has been quite active lately, and the company has now announced it has signed an LOI to form a strategic alliance in the Democratic Republic of Congo (‘DRC’). First Cobalt will pay C$600,000 in cash and issue 4.53 million shares, with an additional payment of US$1.58M due […]
Let’s start with a flashback to 2011. We met with the CEO and Vice-President of Excelsior Mining (MIN.TO) in Paris, where the company was presenting its business case to a group of France-based financiers. We liked what we heard and saw, and spent several hours with Stephen Twyerould after the […]
Duran Ventures (DRV.V) has entered into a letter of intent with Tartisan Resources (CSE:TTC) to sell its Don Pancho polymetallic project in Lima, Peru. Duran will receive C$50,000 in cash and 500,000 shares of Tartisan when the deal is being completed, whilst Duran will receive an additional 500,000 shares when […]