Mining Companies
The Australian ADX Energy (ASX: ADX, FSE: GHU) is an emerging energy producer in Europe. ADX has been producing crude oil and natural gas in the Vienna Basin for some time; most recently in Upper Austria. Green energy projects, such as hydrogen, solar and thermal, are simultaneously being forced.
The two oil fields Zistersdorf and Gaiselberg supposed to have a production life of about 10 years, which ADX hopes to extend to 20 years through expansion, detecting and confirming new wells. Average daily production there, including natural gas, currently amounts about 280 BOPD. A pipeline transports the oil and gas directly to the Schwechat refinery for further processing. Oil production additionally started with Anshof, Upper Austria, in fall 2022.
The increase of oil/gas fields and production respectively go hand in hand with the current strong oil and gas prices, and should result in sustainable strong cashflow for ADX, as far as we are concerned.
ADX’s classic oil and gas production is enriched by green energy projects, such as production of green hydrogen and using empty large-volume oil wells as hydrogen storage facilities. Solar and geothermal projects are also being developed. The latter one even in cooperation with Siemens Energy.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/adx
The Canadian AJN Resources (CSE: AJN, FSE: 5AT) is a natural resource explorer in the African Congo.
President & CEO Klaus Eckhof already has a fabulous proven track record with Moto’s multi-million ounces Kibali he was heavily involved. Klaus knows where and how to find gold in this specific area of Africa, how to develop profitable gold deposits efficiently and how to initiate amazing exit strategies.
Klaus was also involved in discovering of one of the world's largest lithium deposits Manono, located also in the Congo, by AVZ Minerals.
Most likely, the Congolese government still has a key role in AJN’s projects. AJN Resources will also change its name in due course.
Its portfolio will consist of gold and lithium projects in the Congo. Two gold projects already show official gold resources. Although already considered historical, those estimates from 2017-2020 are still considered representative. +2 million high-grade gold ounces at Zani-Kodo and +4 million ounces at Giro at gold grades of +/-1 g/t.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/ajn
Alpha Lithium is a team of industry professionals and experienced stakeholders focused on the development of the Tolillar and Hombre Muerto Salars. In Tolillar, we have assembled 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, encompassing 27,500 hectares (67,954 acres), neighboring multi-billion-dollar lithium players in the heart of the renowned “Lithium Triangle”. In Hombre Muerto, we continue to expand our 5,000+ hectare (12,570 acres) foothold in one of the world’s highest quality, longest producing, lithium salars. Other companies in the area exploring for lithium brines or currently in production include Orocobre Limited, Galaxy Lithium, Livent Corporation, and POSCO in Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine SudAmerica S.A. in Salar de Centenario; and Gangfeng and Lithium Americas in Salar de Cauchari.
The Australia-based American Rare Earths (ASX:ARR; FSE:1BHA) develops rare earths projects in the U.S., thus outside critical countries. It could soon become one of the very few, possibly one of the largest, producer of these all-important metals in North America. The U.S. government grants significant support towards this sector and to American Rare Earths in order to achieve rapid progress.
American Rare Earths' two rare earth projects, La Paz (Arizona) and Searchlight (Nevada), are located not far from Mountain Pass (California), one of the world's largest, and for a long time only rare earths producer in the US. However, Lynas might have begun production as a second US-player meanwhile.
We have learned in videos with ARR that rare earth metals are actually not that rare as the name implies, but finding and developing profitable deposits is fairly difficult. Rare Earths ore usually contain penalty elements (radioactive) which would be far too expensive to eliminate. In fact, such projects often do not even get approved from the beginning.
American Rare Earth's project portfolio is geographically diversified and complementary. While La Paz is expected to deliver relatively low-grade ore, it allows bulk tonnage open pit mining for lower cost. A JORC2012 estimate is already in place, but it is expected to get upgraded soon, following extensive drilling and good results.
Halleck Creek (Wyoming) can deliver high-grade ore. Following successful drilling, the exploration target was recently increased by over 300%. A strong maiden resource estimate for Halleck Creek is expected 2022/23.
Ore from both projects contain extraordinarily low levels of penalty elements.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/american
The Australian Askari Metals (ASX:AS2, FSE:7ZG) is a natural resource explorer with numerous lithium, copper and gold projects in Australia's best locations. Most recently, a lithium-tin-project was acquired in Namibia, Africa. Strategy is likely to be acquiring attractive projects at relatively low prices, developing metal resources or even reserves, and then selling them at higher values. If metal prices are then strong, profit can be all the better.
All Askari’s projects have in common that they are considered early phase projects. Their potential is large, because in the vicinity of each project exists either producing mines, or more advanced projects.
Yarrie in the Pilbara region is a very large lithium project, not far from the lithium giants Marble Bar, Pilgangoora and Wodgina. Copper and some gold nuggets have been found on Horry in Western Australia. Lithium was discovered and confirmed with drilling on Barrow Creek in Northern Territory.
Burracoppin is a gold project in Western Australia. It is located parallel to the well-known Southern Cross greenstone belt. Results from soil samples, historical drilling and current drill results have been funneled in 3D models which are constantly being developed and refined.
This makes Askari Metals an interesting investment for all investors who want protection from rapid inflation with Askari’s gold projects. And for those investors who want to get exposure to important battery metals, such as lithium, rare earths and copper.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/askari.
Barsele Minerals Corp. (TSX-V: BME) is focused on exploration & development of our flagship Barsele Gold Project in northern Sweden, with joint venture partner Agnico Eagle Mines Limited.
Barsele Minerals Corp. management team is part of the Belcarra Group, an organization comprised of technical and capital markets professionals in the mining industry. Collectively this team has the strengths and proven ability to discover and develop quality mining projects.
It is the same team recognized for the discovery of Orko Silver's La Preciosa Silver-Gold Deposit in Durango, Mexico, which was subsequently sold to Coeur Mining Inc.
The team has maintained solid working relationships with some of the largest mining companies in the world; including: Hecla Mining Company, Agnico Eagle Mines Ltd., Fresnillo Plc., Coeur Mining Inc., Goldcorp Inc., and Pan American Silver Corp.
Cumulatively, the team has more than 200 years of experience in all aspects of mining: from exploration to discovery and development, plus mining geology, reserves and resources, in domestic and international environments all supported by the raising venture capital to fund the work.
July 2, 2019 Calibre Mining entered into a binding agreement (the “Agreement”) with B2Gold for Calibre to acquire, the producing El Limon and La Libertad Gold Mines, the Pavon Gold Project and additional mineral concessions in Nicaragua held by B2Gold for aggregate consideration of US$100 million. It is anticipated that the transaction will close October 15, 2019 and Calibre Mining will be back up and trading October 21, 2019. Following the completion of the Transaction, B2Gold will own an approximate 31% direct equity interest in Calibre.
Transaction Highlights
B2Gold has disclosed 2019 consolidated production guidance for the Nicaragua Mines of 150,000 to 160,000 ounces of gold (see: B2Gold MD&A for period ended March 31, 2019). The Nicaragua Mines also contain excellent exploration potential.
Immediate gold production and cash flow: The acquisition establishes Calibre as a gold producer with exceptional exploration potential in a jurisdiction that Calibre and B2Gold have been successfully operating in for over 10 years.
Substantial increase in Calibre’s resource base: The acquisition will add measured and indicated resources of 1,135,000 ounces of gold and inferred resources of 1,473,000 ounces of gold to Calibre’s current inferred resources of 2,400,000 gold-equivalent ounces (for details of resource category, see July 2, 2019 press release on calibremining.com).
Proven management team and board: The new management team and board of directors have extensive experience in the mining industry with a long history of substantial stakeholder value creation and proven capabilities in financing, acquiring, discovering, developing and operating open-pit and underground mines.
Compelling value proposition: Calibre will be well-positioned with leading leverage among junior gold producer equities with significant exploration potential and an attractive valuation on net asset value, cash flow, resource, and production multiples.
Establishes a Strategic Partnership with B2Gold: Following the restructuring of B2Gold’s investment in its Nicaraguan operations, B2Gold will own a direct approximate 31% equity interest in Calibre. B2Gold’s ongoing commitment to continuing involvement with the Nicaraguan operations will be secured by its significant equity interest in Calibre.
Execution of a gold consolidation strategy: The acquisition establishes a producing platform to continue to acquire quality gold production assets and development opportunities. Shareholders will be well-positioned to participate in future value creation and growth opportunities.
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.
Commerce Resources Corp. is a junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada.
The Company is positioning to be one of the lowest cost rare earth producers globally, with a specific focus on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the global market.
The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favourable grade, and has demonstrated the production of high-grade (>45% REO) mineral concentrates at high recovery (>70%) in line with active global producers.
In addition to being one of the largest rare earth deposits globally, Ashram is also one of the largest fluorspar deposits globally and has the potential to be a long-term supplier to the met-spar and acid-spar markets.
Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.
Deep-South Resources Inc. (TSX-V: DSM; Frankfurt: DSD; WKN: A2DGWF; ISIN CA24378W1032) mit Sitz in Vancouver ist ein Explorationsunternehmen, das sich auf die Erforschung und Entwicklung von hochwertigen Mineralgrundstücken in Afrika konzentriert. Bei Deep-South Resources dreht sich alles um Kupfer: Das Basismetall wird Prognosen zufolge künftig durch technologische Weiterentwicklung (insbesondere in den Bereichen E-Mobilität und Energiespeicherung) eine steigende Nachfrage bei einer zugleich aufklaffenden Versorgungslücke erleben, einhergehend mit entsprechender Wertsteigerung. Mit seinen Kupfer-Assets ist Deep-South bestens für die kommenden Marktentwicklungen aufgestellt.
Seit 2017 besteht eine 100-prozentige Beteiligung am Kupfer-Projekt „Haib“ in Namibia. Dieses 370 Quadratkilometer große Areal verfügt über eine National Instrument 43-101 konforme Ressource von 850 Millionen Tonnen mit einem Gehalt von 0.31 Prozent Kupfer. (Angezeigt (indicated): 3,1 Blbs (Milliarden Pfund), abgeleitet (inferred): 2,2 Blbs (Milliarden Pfund)). Bei der Mineralisierung handelt sich um eine bedeutende Porphyr-Lagerstätte mit hochgradigen Zonen. So wurden 150-Meter-Abschnitte mit Gehalten zwischen 0,5 und 1,0 Prozent Kupfer festgestellt. Das „Haib“-Projekt war im Sommer 2021 temporär zum Stillstand gekommen, da eine Lizenzangelegenheit rechtlicher Klärung bedurfte. Die aktuelle vorliegende PEA-Studie bescheinigt dem Projekt solide Wirtschaftlichkeit, eine Machbarkeitsstudie wurde bereits angestoßen.
Im Frühjahr 2022 schloss Deep-South außerdem ein Earn-in-Agreement mit dem sambischen Unternehmen World Class Minerals Venture Ltd. ab, wonach durch Aktienausgaben, Barzahlungen und Explorationsaufwendungen bis zu 80 Prozent an drei Kupferprojekten im Explorationsstadium im „Kupfergürtel“ von Sambia verdient werden können. Diese Region ist das größte Kupferabbaugebiet Afrikas. Die betreffenden Lizenzen decken ein Gebiet von 752 Quadratkilometern ab, in der Nähe der vielversprechenden Areale befinden sich neun große Kupferminen. Es konnten bereits anhand von Bodenproben und geophysikalischen Untersuchungen einige vielversprechende Anomalien auf dem Projekt „Luanshya West“ ermittelt werden. Es besteht somit ganz erhebliches Explorationspotenzial.
Seinen Aktionären gegenüber verpflichtet Deep-South sich, unter umweltbewusstem Wirtschaften seine Projekte voranzutreiben. Die Wachstumsstrategie beruht dabei auf hochwertigen Assets, die sowohl in bedeutenden mineralisierten Trends als auch in der Nähe nutzbarer Infrastrukturen in politisch stabilen Ländern liegen. Darüber hinaus zeichnet sich das Management von Deep-South Resources durch Jahrzehnte der Erfahrung mit Bergbauprojekten in Afrika aus.
Auch große Mitbewerber haben das Potenzial von Deep-South erkannt: Ein wichtiger strategischer Investor ist mit einem Anteil von 16 Prozent Teck Resources.
E3 Lithium is a development company with a total of 24.3 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources in Alberta. As outlined in E3’s PEA, the Clearwater Lithium Project has an NPV8% of USD $1.1B with a 32% IRR pre-tax. Through the successful scale up of its DLE technology towards commercialization, E3 Lithium’s goal is to produce high purity, battery grade lithium products. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. In 2022, E3 Lithium announced a strategic agreement with Imperial Oil, marking the first investment in lithium by a global energy industry leader.
EMX Royalty Corporation has a long-standing track record of success in exploration discovery, royalty generation, royalty acquisition, and strategic investments. Our diversified, three pronged business approach provides exposure to multiple upside opportunities, while minimizing the impact on EMX’s treasury.
EMX’s business model is designed to efficiently manage the risks inherent to the minerals exploration and mining industry. Key elements and resulting advantages of our unique approach are:
- We organically generate royalties through low cost property acquisition and early-stage exploration to build value, and then develop partnerships with quality companies to advance the projects, with EMX retaining a royalty interest and receiving pre-production payments.
- Our organic royalty growth is supplemented by purchases of royalties from other parties, as well as strategic investments.
- Cash flow from royalties, advance royalties, and other property payments are supplemented by returns from strategic investments, and provide “self-funding” operating capital for our ongoing business initiatives.
- Using this model, we sustainably grow the royalty portfolio, with minimal dilution to our shareholders.
EMX’s royalty and property portfolio spans five continents, and consists of a balanced mix of precious metal, base metal, and other assets.
Euro Manganese Inc. ("EMN") is a Canadian mineral resource company, whose principal focus is advancing the evaluation and development of the Chvaletice Manganese Project, in which it holds a 100% interest. The proposed Project entails re-processing Europe’s largest manganese deposit, which is hosted in historic mine tailings, strategically located in the Czech Republic. EMN expects to become a leading, competitive and environmentally superior primary producer of Ultra-High-Purity Manganese Products in the heart of Europe, serving both the lithium-ion battery industry, as well as producers of specialty steel and aluminum alloys.
First Majestic (TSX: FR | NYSE: AG | FRANKFURT: FMV) is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, the San Martin Silver Mine, the La Parrilla Silver Mine and the Del Toro Silver Mine. In 2019, these mines are projected to produce between 12.8 to 13.5 million silver ounces (or 24.4 to 26.0 million silver equivalent ounces) with an AISC of $12.98 to $13.94 per payable silver ounce.
First Mining is a Canadian gold developer focused on the development of the Springpole Gold Project in northwestern Ontario and the Duparquet Gold Project in Quebec, two of the largest gold projects in Canada.
First Mining has commenced a Feasibility Study at Springpole where permitting activities are on-going with a draft Environmental Impact Statement ("EIS") for the project published in June 2022 and is available on our Environmental Assessment portal. First Mining also acquired a 100% interest in the Duparquet Gold Project in September 2022 and are developing plans to advance the project along with its nearby Duquesne and Pitt Projects in Quebec. The Company is the largest shareholder of Treasury Metals who are advancing the Goliath Gold Complex in Ontario. First Mining also has active partnerships with operators advancing other Canadian projects including the Pickle Crow Gold Project (Auteco Minerals) and Hope Brook Gold Project (Big Ridge Gold). In addition, First Mining owns a growing strategic royalty portfolio along with the Cameron Gold Project in Ontario.
First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.
Fortuna Silver Mines Inc.(TSX: FVI | NYSE: FSM | Frankfurt: F4S.F) is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru, and a fifth mine under construction in Côte d'Ivoire. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit our website.
Gold Royalty is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty’s diversified portfolio currently consists primarily of royalties on gold properties located in the Americas.
For additional information, please contact:
Gold Royalty Corp.
Telephone: (833) 396-3066
Email: info@goldroyalty.com
Twitter @Goldroyaltycorp
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia, and Peru. The Company also owns more than 20 million shares of Gold Royalty Corp. (NYSE American: GROY).
GoldMining Inc.
FRA: BSR
NYSE AMERICAN: GLDG
TSX: GOLD
Contact GoldMining Inc.
Amir Adnani, Chairman
Alastair Still, CEO
Telephone: (855) 630-1001
Email: info@goldmining.com
Twitter: @Goldmininginc
The Australian Haranga Resources (ASX: HAR, FSE:65EO) is a uranium and gold explorer in West Africa. Energy crises and shortages always reveal that natural resources are all-important. Investors and energy producers suddenly realize that urgently required raw materials can become extremely scarce in future.
The uranium market has lately changed for the better as a result. Nuclear energy has regained its popularity. Gold as a shelter for inflation is still dormant, but its time will come as well.
The Saraya uranium project in Senegal is already well developed. Before 2010, French state-owned Areva (now Orano Group) had drilled some 48,000 meters on parts of the project. Haranga Resources acquired this extensive drilling database from Orano in 2022.
The objectives of Haranga’s first own drilling will be to confirm the historical drilling results and define an initial mineral resource with modern standards based on both, the old and new data. A substantial exploration target of 5 - 20 million tons with grades of 350 - 750 ppm uranium oxide (U3O8) has already been anounced. Lithium minerals were detected; tin, tantalum and niobium are also there.
The Issia gold project is located in the Ivory Coast and is considered to be relatively underexplored. There are numerous significant gold deposits in the immediate vicinity.
Down the line, Haranga has a well-diversified project portfolio: Energy commodities, coupled with inflation protection.
For further information please visit our booth or our website https://www.axinocapital.de/haranga
The Australian natural resource explorer Kalamazoo Resources (ASX: KZR, FSE: KR1) develops lithium and gold projects in Australia's premium locations for remarkable deposits.
In Victoria, not far from the world's most profitable gold mine, Fosterville (Agnico Eagles), and in Pilbara, not far from lithium giant Wodgina. Kalamazoo has forged a joint venture with Chile's SQM there.
Luke Reinehr, a German offspring, has been working in the natural resource business in third generation. The corresponding family office is founder and largest single shareholder of Kalamazoo Resources. We see priceless advantages in this tradition, not only in terms of experience, but also in the large and sustainable network which must have been built in the commodity and finance world since then.
Brief overview of Kalamazoo's projects:
With 5 gold projects in Victoria, Australia, Kalamazoo is now one of the largest landholders in the Bendigo Belt. They are all considered high grade gold prospects with geological similarities to the Fosterville Mine in the neighbourhood. Why should Kalamazoo not encounter such a rich deposit too?
Lithium projects in the Pilbara region are located not far from global lithium giants, such as Archer, Wodgina and Pilgangoora. The Chilean SQM, one of the world's largest lithium producers, has become a joint venture partner for these Kalamazoo projects, most likely for good reasons.
The Ashburton Gold Project: Acquired Gold Resource of 1.65 million ounces. No doubt, a deposit with high potential to become a new profitable gold deposit.
Mallina West Gold Project in Pilbara is located not far from De Grey's rapidly growing +10 million ounces gold deposit Hemi. Why should neighbor Kalamazoo not also make such a sensational new discovery?
For more information, please visit us at our booth or on our website https://www.axinocapital.de/kalamazoo
LithiumBank is creating an opportunity to participate in the future of clean-tech energy. Our strategy is to acquire claims in known lithium high grade hot spots with existing wells and infrastructure. Over 500 wells exist on LithiumBank's existing claims which could be leveraged to quickly and cost effectively establish large-scale lithium resources. Billions of dollars have been spent to date by O&G companies on the area infrastructure (roads, rail, pipelines, power) with potential to be repurposed for lithium production. LithiumBank's claims are positioned in reservoirs that provide a unique combination of scale, grade and exceptional flow rates that are necessary for direct brine lithium production.
Australia's Lucapa Diamond Company (ASX:LOM, FSE:NHY) is an expanding diamond producer, in the high price segment, and also one of the very rare pure diamond producers in the world. Lucapa has consistently been gaining above-average sales revenue from diamonds from its two active mines in Angola and in Lesotho, most recently, A$1,400 per carat (1 carat = 0.2 grams).
A third plant, Merlin, probably soon Australia's only remaining diamond mine, has recently been added to Lucapa’s portfolio. Large natural resource companies have retired from the diamond sector in recent years, at least in Australia. We assume that profits were, compared to their many other divisions, most likely not high enough. Lucapa filled this gap for Australia in 2021 with the purchase of Rio Tinto's Merlin diamond project in the Northern Territory. A new feasibility study for Merlin should be completed soon.
Lucapa's main projects, however, remain the Mothae kimberlite mine in Lesotho, and Lulo, an alluvial diamond mine in Angola that recently produced its 30th rough diamond with more than 100 carats. Exceptional large, pure and valuable stones come from Lulo. Four stones, weighing more than 100 carats each, were mined there only 2022. Average sales revenue increases disproportionately with any single additional carat. Each diamond of this size and purity can generate millions of dollars at auctions.
The sources of these valuable alluvial diamonds, the kimberlites, are now closely tracked with large bulk sampling on the most promising targets. Angola is supposed to be the world's fourth largest diamond producer.
Lucapa second operating diamond mine, Mothae in Lesotho, reveals valuable stones already from kimberlites. It has a remarkable resource with relative high confidence. The world's most valuable diamonds supposed to come from Lesotho.
Prices for rough diamonds had risen again post Corona crisis. Lucapa is therefore on the right spot at the right time. Diamonds will remain niche investments. However, they will also remain rare, beautiful and valuable material asset, and another real investment alternative.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/lucapa
The Australian Nova Minerals (ASX:NVA, FSE:QM3) develops the outstanding Estelle Gold Project in Alaska. Nova has already pushed its gold resources to almost 10 mio. ounces in a relative short period of time. The company, however, considers these achievements only the beginnings of Estelle’s development. Multi-million-ounces gold deposits on Alaska’s Tintina Gold Belt are by no means uncommon.
The experienced management team around the German-speaking geologist and CEO Christopher Gerteisen expects that resources for both gold targets, Korbel and RPM, can again be significantly increased by end of 2022. Korbel shows bulk tonnagable near-surface ore, so that gold production with the ore from there can generate sustainable and reasonable profits, even with relatively low gold grades. The other target, RPM, impresses with very high-grade gold mineralizations. In fact, one of the world’s best drill intercepts ever stems from RPM.
The relatively recent Phase 1 scoping study, which, however, can already be considered being outdated, anticipated profitable gold production over 15 years. Conventional open pit mining and a heap leach plant are planned at Korbel. A produced ounce of gold would cost only USD 879. With a realistic gold price of 1,750 USD/ounce, the processing plant could be paid off in only 3 years, and, with annual production of 186,000 gold ounces, a net present value (NPV5) of +380 mio. USD could be generated.
The results of the next scoping study are expected to be even better. The high-grade gold target, RPM, should then be taken into account as well. It is even considered that ore from RPM, and from the other 19 known gold prospects between RPM and Korbel, could be delivered in pipes to the plant with Korbel.
A pre-feasibility study has already been in process; completion is expected late 2023. A bankable feasibility study is planned for late 2024 and production start in 2026.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/nova
Pan Global Resources Inc. (TSX.V : PGZ) is a Vancouver based junior resource company actively engaged in base and precious metal exploration in Spain.
Pan Global's Board of Directors and Leadership Team bring decades of knowledge and global exploration experience to the Company. The team has led their respective organizations to successful exit strategies or into production, generating hundreds of millions in shareholder value.
High Grade Silver in Mexico
- Regency Silver Corp is a Mexico focused silver exploration and development company.
- The Company’s flagship property is the high grade Dios Padre Silver Project in Sonora, Mexico.
- An initial NI 43-101 report estimates an inferred resource of 9.5 million AgEq ounces at an average grade of 236 g/t AgEq. Drilling on the property has returned numerous high grade intercepts with sizeable width. Intercepts include:
- Hole FMR 12-06 with 1.9 meters of 3220 g/t silver inside an intercept of 32.5 meters of 408 g/t silver
- Hole FMR 17-06 with 5.2 meters of 1145 g/t silver
- Hole RDP 18-12 with 12.4 meters of 558 g/t silver
- Hole FMR 15-06 with 28.8 meters of 467.8 g/t silver
- An initial NI 43-101 report estimates an inferred resource of 9.5 million AgEq ounces at an average grade of 236 g/t AgEq.
Immediate Potential for Large New Discovery
- The Dios Padre project contains two main targets. The first is the potential to increase resources up dip and down dip of the current resource in the vicinity of the historic Dios Padre mine. The second is the large Induced Polarization (IP) target 200 m to the north of the historic mine.
- The existence of a large IP target indicates the potential for a larger body at depth. The post IPO drill program is designed to test the IP target and to increase the current resource. 6 holes totalling 1520 meters are planned to test the IP target and 4 shallow holes totaling 156 meters are planned to test the up-strike extension of the existing resource.
Saturn Oil & Gas Inc. is a growing Canadian energy company focused on generating positive shareholder returns through the continued responsible development of high-quality, light oil weighted assets, supported by an acquisition strategy that targets highly accretive, complementary opportunities. Saturn has assembled an attractive portfolio of free-cash flowing, low-decline operated assets in Southeastern Saskatchewan and West Central Saskatchewan that provide a deep inventory of long-term economic drilling opportunities across multiple zones. With an unwavering commitment to building an ESG-focused culture, Saturn’s goal is to increase reserves, production and cash flows at an attractive return on invested capital. Saturn’s shares are listed for trading on the TSX.V under ticker ‘SOIL’, on the Frankfurt Stock Exchange under symbol ‘SMKA’ and trade on the OTCQX under symbol ‘OILSF’.
Saville Resources Inc. Is a Canadian exploration company based in Vancouver, British Columbia Canada, listed TSXV: SRE, FSE: S0J. The Company’s principal asset is the Niobium Claim Group Property, situated within the central Labrador Trough, Quebec, and currently under Earn-In Agreement from Commerce Resources Corp. for up to a 75% interest. The Property consists of 26 contiguous mineral claims, encompassing an area of approximately 1,223 hectares, and is considered prospective for niobium, tantalum, phosphate, and fluorspar. The Property includes the Miranna Prospect, where prior boulder sampling in the area has returned 5.9% Nb2O5 and 1,220 ppm Ta2O5, as well as the Mallard Prospect where drilling has returned wide intercepts of mineralization, including 1.00% Nb2O5 over 17.1 m, within a larger interval of 0.82% Nb2O5 over 42.3 m (EC21-175).
Silver One is focused on the exploration and development of quality silver projects. The Company holds an option to acquire a 100%-interest in its flagship project, the past-producing Candelaria Mine located in Nevada. At the Candelaria mine, historical M&I resources at the Mount Diablo deposit are an estimated 44 M oz Ag. Inferred resources at Mount Diablo and the Northern Belle deposit total approximately 32 M oz Ag. Additional inferred resources on the heap leach pads and stockpiles are estimated at approximately 51 M oz Ag. The Company is currently conducting metallurgical tests to determine the best methods for and potential recoveries of silver from the historic leach pads. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and potentially increasing the substantive silver mineralization along-strike from the two past-producing open pits. In October 2019, Silver One will conduct drilling and geophysical programs.
The Company has commenced exploration on its 100% owned Cherokee silver-gold-copper epithermal project in Lincoln County, Nevada. Cherokee hosts multiple high-grade epithermal style precious and base metal bearing veins within a system that has been traced for over 11 km along-strike. The Company staked 636 lode claims in 2018 covering the entire known strike-length of the mineralized vein system and entered into a Lease/Purchase Agreement to acquire five patented claims. The Company now controls 100% of the area of known mineralization. The 2019 exploration program includes more mapping and sampling of newly discovered veins and a property wide airborne geophysical survey.
In addition, the Company also holds a 100% interest in three significant silver assets located in Mexico – Peñasco Quemado, Sonora; La Frazada, Nayarit; and Pluton, Durango, acquired from First Mining Gold, one of the Company’s largest shareholders.
The Canadian Sonoro Gold (TSX-V:SGO, FSE:23SP) develops the Cerro Caliche gold project in Mexico, expected to start production in 2023. Numerous profitable gold mines are in the surroundings, demonstrating how to produce gold profitable on fast track in that specific area of Mexico.
With Cerro Caliche's last official gold resource, certainly not considered obsolete anymore, Sonoro published a substantial Pre-Economic Assessment (PEA) back in May 2022. That study forecasts a mine life of already at least 7 years. Sonoro predicts at least 344,000 ounces of gold equivalent (gold + silver) with a net present value (NPV5) of +53 million USD, and at a net investment rate of return (IRR) of +45%. However, that forecast is likely to have further improved substantially in the meantime.
Sonoro has been able to deliver numerous excellent drill results since the last resource estimate. Its medium to long-term exploration target for Cerro Caliche is 1 million gold ounces. The expected profitable mine life might then exceed 10 years. This would strengthen Sonoro’s position in negotiating financing conditions for the mine plant. For example, taking debts for better interest rates would be on possible outcome.
Sonoro sees numerous parallels with the surrounding gold deposits; also with regard in developing mines. Thick near-surface mineralization allow early open pit mining, using simple heap leach equipment, at relatively low-cost. Though relatively low gold grades, plants in that area usually become profitable quite fast.
Consistent cash flow will then be used for further exploration work in order to further extent Sonoro’s gold inventory. In fact, Sonoro can possibly add underground mining when time comes by, similar to what neighbour, the Mercedes gold mine, had done some years ago. Gold grades increase towards depth at Cerro Caliche too.
For more information, please visit us at our booth or on our website https://www.axinocapital.de/sonoro
Tocvan is a well-structured exploration development company. Tocvan was created to take advantage of the prolonged downturn in the junior mining exploration sector by identifying and negotiating interest in opportunities where management feels it can build upon previous success. Tocvan has approximately 36 million shares outstanding and is earning 100 per cent into two exciting opportunities in Sonora, Mexico: the Pilar gold-silver project and El Picacho gold-silver project. Management feels both projects represent a tremendous opportunity to create shareholder value.
Troilus Gold Corp. is a Canadian-based junior mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. From 1996 to 2010, the Troilus Mine produced +2 million ounces of gold and nearly 70,000 tonnes of copper. Troilus is located in the top-rated mining jurisdiction of Quebec, Canada, where is holds a strategic land position of 1,420 km² in the Frotêt-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with significant mineral resource growth. The Company is advancing engineering studies following the completion of a robust PEA in 2020, which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.
About Uranium Energy Corp
Uranium Energy Corp is the fastest growing supplier of the fuel for green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. The Company has two production-ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational central processing plants. UEC also has seven U.S. ISR uranium projects with all their major permits in place. Additionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a pipeline of resource stage uranium projects. The Company's operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development, and mining.
Contact Uranium Energy Corp Investor Relations at:
Toll Free: (866) 748-1030
Fax: (361) 888-5041
E-mail: info@uraniumenergy.com
Stock Exchange Information:
NYSE American: UEC
WKN: AØJDRR
ISN: US916896103
About Uranium Royalty Corp.
Uranium Royalty Corp. (URC) is the world’s only uranium-focused royalty and streaming company and the only pure-play uranium listed company on the NASDAQ. URC provides investors with uranium commodity price exposure through strategic acquisitions in uranium interests, including royalties, streams, debt and equity in uranium companies, as well as through holdings of physical uranium. The Company is well positioned as a capital provider to an industry needing massive investments in global productive capacity to meet the growing need for uranium as fuel for carbon-free nuclear energy. URC has deep industry knowledge and expertise to identify and evaluate investment opportunities in the uranium industry. The Company’s management and the Board include individuals with decades of combined experience in the uranium and nuclear energy sectors, including specific expertise in mine finance, project identification and evaluation, mine development and
uranium sales and trading.
Contact:
Scott Melbye – Chief Executive Officer
Email: smelbye@uraniumroyalty.com
Investor Relations:
Toll Free: 1.855.396.8222
Email: info@uraniumroyalty.com
Website: www.UraniumRoyalty.com
