O2Gold Intersects 20.11 g/t Gold Over 0.7 Metres At Aurora
O2Gold (TSXV: OTGO) last night reported on its first drill results from its Aurora Property in Colombia. The firm had previously halted trading in its equity due to the assay results received. The first drill hole reported by the company comes from the Aurora Tunnel within the Main Aurora Vein, where O2Gold encounter 20.11 g/t […]
Aya Gold & Silver Intersects 1,299 G/T Silver Over 15 Metres At Zgounder Silver Mine
Aya Gold & Silver Inc. (TSX: AYA) announced today additional assays from its ongoing 2021 drill exploration program at the Zgounder silver mine in the Kingdom of Morocco. The results highlighted an intersect of 1,299 g/t silver over 15.0 metres. The results came from 7 diamond drill holes comprised of 3 surface diamond drill holes […]
GMV Minerals Completes First Half Of Ongoing Drill Program
GMV Minerals (TSXV: GMV) this morning provided the market with an update on its ongoing drill program at its flagship Mexican Hat project in Arizona. The company has completed the initial portion of the program, and has now moved the drill to a secondary location to test a magnetic anomaly. The magnetic anomaly, located to […]
Iron Ore And Metallurgical Coal Are Counterintuitively Moving In Wildly Diverging Directions
In one of the most surprising steel-related commodities markets ever, the price of one key ingredient in the steel-making process, iron ore, is collapsing, while the price of another key element, metallurgical coal, is hitting record levels. In rough terms, about 1.2 tonnes of iron ore and 0.5 tonnes of metallurgical coal are needed to produce […]
Lehman Brothers 2.0: A Brief History of the Evergrande Collapse
The world’s second largest economy has been hit with an uncomfortable circumstance, one where a Chinese-based real-estate developer— one of the largest in the world, faces imminent default. Recall the famous dialogue between two drunk war veterans depicted in Ernest Hemingway’s The Sun Also Rises: “How does one go bankrupt?” asks Bill, to which Mike, […]
Surge Copper Starts Drill Program At Berg Property
Surge Copper Corp. (TSXV: SURG) announced this morning that it has started drilling at the main Berg deposit area, located within the Berg Property in central British Columbia. This follows the successful rehabilitation of the access trail and ongoing progress on camp reconstruction. The company’s 2021 drill program at Berg covers 4,500 metres comprising 15 […]
Numinus Wellness: Eight Capital Initiates With $1.10 Price Target
Last week, Eight Capital launched coverage on a basket of psychedelic companies. This comes after they produced an industry primer during the summer months. The fourth company initiated on this note is Numinus Wellness Inc. (TSXV: NUMI), with a C$1.10 12-month price target and buy rating while referring to the firm as “a diversified operator.” […]
John-Mark Staude: Bullish On Uranium & Other Green Metals – The Daily Dive
On today’s Daily Dive, we welcome back John-Mark Staude, CEO of Riverside Resources (TSXV: RRI). Staude joins us today to update us on the latest at Riverside, the supply and demand situation with copper, and the current outlook on gold. He also share his take on the Federal Reserve’s recent bond and interest rates policies, […]
Uranium Royalty: Canaccord Gives Price Target A Lift After Physical Purchases
On September 15th, Uranium Royalty Corp. (TSXV: URC) announced that they purchased an additional 300,000 pounds of U3O8 via 3 different spot contracts for an average cost of US$38.17 per pound of U308. They are paying for this purchase with straight cash and updated investors on their cash balance, saying that they have C$80 million […]
QC Copper Reports Measured & Indicated Resource Of 1.6 Billion Copper Equivalent Pounds For Opemiska Deposit
QC Copper and Gold Inc. (TSXV: QCCU) shared today the results of its initial mineral resource estimate for the Opemiska Project located in the Chibougamau District of Quebec. The report includes a measured & indicated resource containing 1.6 billion copper equivalent pounds. The data came from over 1.05 million metres of drilling completed by the […]