Auryn and Eastmain Resources had announced the transaction a month ago, designed to create three, commodity-specific exploration companies, with Fury to be focused on Canada and headed by former Agnico Eagle VP of corporate development Mike Timmins. Yesterday, the pair said Auryn would issue 7.5 million subscription receipts in two tranches, the first priced at $2 and the second at the flow-t...Read More
Vancouver, BC September 1, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce it has appointed Mr. Michael Tucker as VP Exploration. Mr. Tucker is the former exploration manager for Balmoral Resources, which was recently acquired by Wallbridge Mining Company (TSX: WM). KORE is also pleased to announce two appointments to our US based developmen...Read More
Sep 02, 2020 Guest(s): Frank Holmes CEO, U.S. Global Investors Jerome Powell's hawkishness at last week's Jackson Hole Symposium created doubts in gold investors' minds, sending the yellow metal to trade sideways for the last few days. Volatility for gold presents an opportunity to buy on the dips, said Frank Holmes, CEO of U.S. Global Investors who said that "if you're not wrong, you're wrong."...Read More
While everyone talks about Warren Buffett's pivot into the gold space, it appears that gold isn't the only metal the oracle wants exposure to.This morning it was reported that Buffett has acquired a 5% stake in each of the five leading Japanese trading companies.Berkshire says it intends to hold the investments for the long term, and that it may increase its holdings in any of the companies up to...Read More
Sep 03, 2020 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings An economic war on savers is going to push gold prices much higher than $2,000 an ounce, according to Rick Rule, president of Sprott U.S. holdings. In an interview with Kitco News on the sidelines of the Mines and Money Online Connect Global mining conference, the celebrated fund manager said that while he is no fan of the Fe...Read More
Grande Portage Resources, recipient of a $3 million investment by Eric Sprott, is in the midst of a 6,000-meter summer drill program at its Herbert Gold Project. Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) is focused on expanding its Herbert Gold Project in southeastern Alaska, located not far from the capital city of Juneau. The property sits in the 160-km-long Juneau gold be...Read More
Mining executive John Antwi, president and director of privately held Elim Mining, spoke about the copper market on the third day of The Northern Miner's Global Mining Symposium.Antwi and his team at Elim Mining are advancing the company's flagship Cactus copper project in Arizona and plan to make a construction decision in 2022.The project, which hosts the past-producing Cactus mine, was brought...Read More
Orefinders CEO Stephen Stewart tells Bill Powers of MiningStockEducation.com about his company's plans for three discovery campaigns in historical and prolific mining districts in Ontario and Nevada. Eric Sprott invested in Orefinders Resources Inc. (ORX:TSX.V) in February 2020 due to the discovery potential at its numerous projects in close proximity to Kirkland Lake Gold Inc.'s (KL:TSX; KL:NYSE...Read More
Peter Epstein of Epstein Research discusses an explorer that he believes offers high-grade precious/base metal discovery potential. Sassy Resources, View from WestmoreSassy Resources Corp. (SASY:CSE) is a largely unknown spinout from Crystal Lake Mining (now called Enduro Metals). Sassy controls 100% of a promising gold-silver play in the Eskay Camp, at the heart of B.C.'s Golden Triangle (GT). T...Read More
Bill Fleckenstein, president of Fleckenstein Capital, sits down with Rick Rule, president and CEO of Sprott U.S. Holdings Inc., to talk about the macro drivers of the recent precious metals bull market and what to look for when investing in miners. Using their decades of experience in the industry, Rule and Fleckenstein explain why regardless of a specific price target and because precious metals...Read More
Vancouver, BC September 15, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce a positive Preliminary Economic Assessment ("PEA") for the Company's 100% owned Long Valley Gold Deposit ("Long Valley" or "Project"), located in California, USA. The PEA demonstrates Long Valley's potential to generate strong economic returns while being in full complia...Read More
Sep 17, 2020 Guest(s): Mark O'Dea Chairman & Founder, Oxygen Capital With precious metal prices up sharply this year and a depleted pipeline of projects due to under-investment, the chair and founder of Oxygen Capital, Mark O'Dea, told Kitco on Monday there won't be that many new mines opening after his Pure Gold Mining (TSX-V: PGM, LSE: PUR) starts up later this year. Oxygen Capital is an integ...Read More
Peter Epstein of Epstein Research delves into this company's exploration plans in Colombia. Five weeks ago, gold hit an all-time high of US$2,073/oz. Since then, it's down 6.2% to US$1,944/oz. (still above 2011's record level). Yet, based on the share price declines in some well-known juniors, one would think gold was down 2-3 times as much.Apollo Gold is down 52% from its recent high, Evergold C...Read More
The "digital economy vs. the hands-on economy."That's what the talking heads are now calling sugar daddy Jerome's (otherwise known as Fed Chairman Jerome Powell) "by any means necessary" approach to inflating the biggest asset bubble most of us will ever see.In the real world, the debacle that is the U.S. handling of the COVID-19 virus is leading those in the real world to some all-too-real choice...Read More
It is a no-brainer these days to put some money into gold stocks. Warren Buffett knows it. Eric Sprott knows it. There is going to be a lot of money to be made in the sector in the coming years. In spite of the surprising lack of coverage on many media channels, gold’s move upward this year is very telling in the grand scheme of the economic environment. The wind is at gold’s sail...Read More
Sep 20, 2020 Guest(s): Joe Mazumdar Editor, Exploration Insights The junior exploration sector has seen a flood of investment capital in the last few months as gold prices have pushed to record highs; according to one analyst, the industry remains undervalued and there is further investment potential. In an interview with Kitco News, on the sidelines of the virtual Beaver Creek Precious Metals S...Read More
Mr. Tucker writes The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry's Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious meta...Read More
The company had reported the fatal accident last Monday, saying a kibble bucket had fallen down Shaft 1 and struck the northern side of the working platform, where four employees were conducting routine water-pumping activities.At the time, it said one employee was rescued, two had died but could not be recovered as the conditions were too hazardous and a fourth miner was missing.The rescued miner...Read More
Westhaven Gold is now drilling below where high-grade surface samples were found and expects assays shortly. The old adage says the best place to find a mine is besides a mine, but Westhaven Gold Corp. (WHN:TSX.V) is finding gold driving distance from Vancouver. Could it be that no one thought there could be gold so close to home?The company's Shovelnose project is a mere two and a half hour driv...Read More
Peter Epstein of Epstein Research examines the latest news from X-Terra Resources, including two imminent drill programs he believes "could be game-changers." X-Terra Resources Inc. (XTT:TSX.V; XTRRF:OTCMKTS; XTR:FSE) has been flying under the radar, but critical events culminating in two imminent drill programs are coming to fruition. Add to that the fact that the current gold price is like roc...Read More