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@212research Previously owned by Barrick Gold, over 40 Million dollars in infrastructure (today's value), all the research to prove there's at min 5% just sitting there waiting to be mined and extremely undervalued. Once Gold takes off, you can easily swap out 500% plus from this PPS.. check it out here and remember where you heard it! Http://212research.com/212-research-report-bfgc.html
@MiningBookGuy$AQI.AX - Successful Trench Program Defines Drill
Targets at Xenopsaris - #Guyanahttp://bit.ly/2lVwhbi#gold#exploration#DrillPlays#Index
- Final assay results from Xenopsaris trenching confirms significant
mineralisation with better results including:
-22m @ 2.02g/t gold within a broader 37m @ 1.45g/t gold in XETR007
-6m @ 8.33g/t gold and 3m @ 2.04g/t gold in XETR010
- Maiden drilling at Xenopsaris area planned to commence next month.
- Preliminary results for Eyelash received, follow-up sampling to commence.
- 14 Mile reconnaissance drilling progressing on schedule
@Excelsior$AVK$AVNZF Avnel Intersects 29.7 g/t Au over 11 m and 22.6 g/t over 15 m in drilling at Kalanako
(Marketwired - March 9, 2017)
#Gold#Exploration#DrillPlays#Development#Africa~AUfrica#TakeOver target #Index
Howard Miller, Avnel's Chairman and CEO said, "I am pleased to report that we have now received all the assays from the 2016 drilling program successfully concluded at the Kalanako deposit. These new results from the remainder of our 2016 drill program at Kalanako are very encouraging as being essentially located outside the existing resource pits. Infill results in the North West should support the conversion of a large part of this inferred resource into Measured and indicated categories. The geological model is being updated and we are now looking forward to a new Mineral Resource Estimate in mid-April."
@MiningBookGuy@Nick - agree on $MUN. they've hit on multiple targets, and plenty more being drilled. A lot of 'good' stuff, and clear potential for 'great' stuff. best newsflow for 2017 IMO. #DrillPlays
@awgiddens$kcc talk about #skininthegame... "In this regard the Company proposes to issue annually shares having a dollar value of up to US$458,160 (CDN$603,000). Such shares would represent over 70% of the total compensation to be paid to the senior executive management, the technical committee and independent directors of the Company and would be issued quarterly in arrears"...... accepting 70% of their salaries as share-based compensation is quite the vote of confidence. #mongolia#porphyry#friedland
@MiningBookGuyDrilling Extends New Zone of Mineralisation below T3 http://www.asx.com.au/asxpdf/20170330/pdf/43h4rqs2c0ybkv.pdf$MOD.AX$MTR.L#Botswana#Copper#DrillPlays~AUfrica#index
- ~700m long zone of disseminated mineralisation (‘Zone 2’) below current T3 resource
- 72.6m @ 1.5% Cu and 27g/t Ag (released 6 March 2017) located in core of Zone 2
- Assays required to determine grade of Zone 2 and Zone 3 disseminated intersections
- Sufficient drilling completed to enable potential resource upgrade and expanded PFS
- Sample preparation facility to be installed on site to accelerate assay turnaround
LOTS of assays coming! make sure to check the excellent visuals in the NR. #loadup?
@Excelsior$JAG$JAGGF JAGUAR MINING REPORTS TURMALINA #GOLD MINE 2016 YEAR-END MINERAL RESERVES AND MINERAL RESOURCES INCREASES TOTAL MEASURED & INDICATED RESOURCES BY 22% TO 540,000 OUNCES
Mar 30, 2017 #Production#Exploration#Drillplays
Rodney Lamond, President and CEO of Jaguar Mining stated, “We achieved solid growth in total M&I Mineral Resources at our Turmalina operations as a result of a successful drilling program at Orebody A and C during 2016. The drilling program at Orebody A and C focused on converting a significant amount of Inferred Resources into M&I Mineral Resources category resulting in a 22% increase in total M&I Mineral Resources to 540,000 ounces of gold. We are also encouraged with the strong results at Orebody C which saw a 167% increase in 2P Mineral Reserves to 80,000 ounces of gold. Additionally, recent #drill results announced in February 2017, confirmed the #discovery of several high-grade intervals at Orebody C that had not been previously identified in the upper levels of the orebody. This suggests a potential increase in mineralization at depth. These newly defined areas may be used to increase Turmalina’s overall throughput, and is expected to positively impact unitary costs in the future.”
“At Pilar, we are working on delivering new wireframe models to better reflect the geology and lithology, which will improve the accuracy of the Mineral Resource estimate. We expect to deliver an update on Mineral Reserves and Mineral Resources for Pilar in the second quarter of 2017. This will include #drilling from the current ongoing campaign and any material information from current deep drilling.”
“Our current US$8 million accelerated growth exploration program is focused on increasing mineral resources at core assets and the potential discovery of new resources near our existing operations. The program is expected to complete approximately 31,000 metres of diamond drilling, including approximately 15,000 metres of drilling along the down-plunge continuities of Orebodies A, B and C at Turmalina and Orebodies BFII and BF at Pilar. We look forward to delivering positive results from these exploration programs during 2017.”
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@NewtonThe #Haywood report includes $ANTL, Antler Gold in #Newfoundland! Optioned property from $ALS. Look at the terms "100% interest for 4.5M shares, 2% royalty, and $500K exploration expenditures in one year." Wow. I listened in to $ALS conference call a while back and they noted they were going to get aggressive with optioning out their projects. This looks like great example of that. Antler cashed up with $3.5M as of Feb 28. Last financing $1.65M from 6.6M shares at A$0.25. Market cap $17M. Note Altius has done prospecting in 2016 and Antler planning more prospecting in spring with core drilling in fall. One for #drillplays right around the corner!
@PeteHow quick can YOU drill and deliver? "track mounted RC drill rig which was mobilized to site on March 26 and began working the following day.
The initial program is expected to be completed in about 3 weeks and will total between 2,500 and 3,000 meters of drilling, in 10 holes. The drill holes are planned to range in depth from 150 meters to 350 meters." 2 released yesterday, 3 waiting on assays and than 5 finishing atm #copper#drillplays
@Excelsior$MQR$MRQRF Monarques Gold announces Substantial Increase in its Drilling Program
April 27, 2017 #Gold#Exploration#Drillplays
“The Corporation has completed approximately 25% of its aggressive program of #drilling on Croinor Gold and Gold Bug. Given the success achieved to date and the ongoing drilling by two drill rigs through to the end of this summer, the final program will be well over the 10,000 metres initially planned.”
"The drilling program on Simkar Gold is now complete, with the Corporation having drilled four holes totalling approximately 3,000 metres. The program was aimed at exploring a diorite-hosted gold-bearing zone where historical drill intersections had returned grades of up to 38.7 g/t Au over 3.8 metres. Samples have been sent to the laboratory for assaying and the results will be forthcoming shortly.
"Monarques has also started a new eight-hole program on Gold Bug, to be drilled between the Bug Lake corridor and the Tranche 2 corridor (see drilling plan). The goal of this program is to increase the area’s gold potential by focusing on new exploration targets.
“On April 4, 2017, the Corporation announced that drilling on Gold Bug had confirmed the presence of a shear corridor about 15 metres wide with a vertical depth of at least 115 metres containing anomalous to economical gold grades, including 8.41 g/t Au over 25 metres in Hole CR-16-521 and 6.96 g/t Au over 15 metres (including 17.1 g/t Au over 5.9 metres) in Hole CR-17-532. The widths indicated are core lengths as true width cannot be estimated.”
“Finally, 26 drill targets have been identified on the 150 km2 Croinor Gold property by Diagnos technology using its proprietary CARDS system. In the coming weeks, the Corporation will prioritize one of those targets, located 300 metres from Gold Bug, where it will drill six 250-metre holes for a total of 1,500 metres of drilling.”
@Excelsior@FundamentalAnalysis - With #Producers it is more about costs, margins, revenues and the torque they have relative to a rising #Silver price. In addition, mine improvements in throughput, or recovery rates of the metals, along with the kicker credits from other base metals in their mix like #Zinc#Lead#Copper also play a factor.
Inside ownership is always nice, just like strong strategic investors, but it isn't necessary for outperformance in a market as small and thinly traded as the Silver miners.
With #Developers it is really more a function of their IRR, NAV, and Payback period based on current and projected #Silver prices.
With both #Producers and #Developers another key thing I consider is their #Exploration upside around their existing mines (to extend mine life), on satellite deposits that can feed their mill, and their pipeline of exploration properties. So many investors forget that Producers and Developers are STILL #Explorers too. They can be #drillplays just like greenfields explorers (and honestly they are more likely to have better drill results near their existing resources).
@ExcelsiorAfter watching this company implode for some time in a paper fiesta, and now that $MTO$MEAOF went through their capital raises to infinity and beyond, and rolled back their shares & restructured it seems like an interesting value proposition. I was acquiring shares earlier this year and then again a few weeks back that are all in the money, and it looks like there is some room to run later in the year if the PM prices have a Fall rally.
The drilling $OSK Osisko has been doing at Windfall continues to impress, and Metanor is on trend with that. I could see $MTO Metanor, $BFD Beaufield, $URB Urbana, and $BTR Bonterra all being consolidated under the Osisko umbrella over the next 2 years, or maybe another larger Major/Mid-tier coming in to acquire some of these before Oskisko can. #Drillplays#Gold
** Here's a nice map showing the lay of the land in this Area Play: