- Deep-South Resources has acquired a 100% interest in the Haib Copper Deposit in Namibia, the largest known copper porphyry deposit in Africa, by purchasing Teck Resources' 70% stake.
- Teck will now become Deep-South's largest shareholder with 35% ownership. They expect the deposit to contain 150-200 million tonnes of copper ore grading over 0.5% copper.
- Deep-South plans to compile all existing data on the deposit, conduct drilling to estimate resource size and grade, and produce an economic assessment to evaluate developing the mine.
Rover Metals Corp. is a Canadian mineral exploration company focused on gold projects in the Northwest Territories. It owns 100% of the Cabin Gold project, which consists of three land parcels containing historic gold resources and exploration targets. Drilling in 2020-2021 expanded the known mineralization at the Arrow zone and discovered new zones including Beaver. The company plans additional drilling in 2022 to further define resources with the goal of releasing an initial NI 43-101 resource estimate. Rover aims to become a mid-tier gold producer through exploration and development of its Cabin Gold project.
Calibre Mining has advanced gold, copper, and silver exploration projects in Nicaragua, including 100% owned projects and joint ventures. Exploration programs are underway, including drilling, on multiple priority targets. Recent drilling has extended known deposits and defined new high-grade zones. Calibre has a strong cash position and management team with a history of success to advance its projects.
Calibre Mining has three active exploration programs in Nicaragua through partnerships with Centerra Gold, Iamgold, and B2Gold. Partners can earn up to 70% interest in projects by spending $10-35 million on exploration, including 5,500m of drilling at Eastern Borosi with intercepts up to 12.9m of 8.73g/t gold. Calibre also maintains 100% ownership of over 580km2, including the Santa Maria gold project with rock samples up to 64.1g/t gold, which has never been drilled. The document discusses the exploration programs and discoveries in detail and provides information on Calibre's management team, capital structure, and 43-101
Calibre Mining has multiple active exploration programs across its concessions in Nicaragua through partnerships with Centerra Gold, IAMGOLD, and B2Gold. These partners are expected to spend up to $35 million on exploration, including ongoing drilling programs. Calibre also maintains 100% ownership of over 340 square kilometers containing priority targets such as the Santa Maria gold project. Recent drilling highlights from partner programs include intercepts of 12.9 meters grading 8.73 g/t gold and 4.8 meters grading 25.6 g/t gold. Calibre is well funded with $3.5 million in working capital to advance its 100% owned projects.
TNR Gold Investor Presentation September 2018Kirill Klip
TNR Gold Corp is becoming a green energy metals royalty company focused on lithium and copper. It holds royalty interests in the large Los Azules copper project in Argentina and lithium projects through its stake in International Lithium Corp. TNR's key assets also include the Shotgun gold project in Alaska. The Los Azules deposit is 100% owned by McEwen Mining and contains over 10 billion pounds of copper and gold resources based on McEwen's preliminary economic assessment. TNR holds a 0.36% NSR royalty on the entire Los Azules project. TNR also has a 90% interest in the Shotgun project, which has an inferred gold resource of over 700,000 ounces located from surface to 150
Calibre Mining has three active exploration programs in Nicaragua through partnerships with Centerra Gold, Iamgold, and B2Gold. These partners are expected to spend up to $35 million on exploration in 2016. Calibre also maintains 100% ownership of over 340 square kilometers of additional concessions. The company has a current cash balance of $3.3 million and will be releasing new drill results in the third and fourth quarters of 2016 from the partnerships.
Calibre Mining is a gold and copper exploration company with projects in Nicaragua. They have multiple partnerships and joint ventures on their projects that allow other companies like B2Gold, IAMGold, Centerra Gold, and Rosita Mining to earn interests in the projects by funding exploration. Calibre's projects include the Primavera gold-copper project, Eastern Borosi gold-silver project, and Santa Maria gold project, among others. Assay results have shown high grades of gold, silver, and copper at several of the projects.
Calibre Mining is a gold exploration company focused on its projects in Nicaragua's Mining Triangle. It has multiple partnerships and joint ventures with companies including B2Gold, IAMGold, Centerra Gold, and Rosita Mining. Calibre has discovered several gold and copper porphyry prospects and defined NI 43-101 compliant inferred resources at the Cerro Aeropuerto, Riscos de Oro, and La Luna deposits totaling over 1 million ounces of gold and 8.4 million ounces of silver. Calibre also has an inferred resource of over 100 million pounds of copper at the Rosita stockpiles. The company has exploration programs underway targeting additional resources across its 100%-owned
The Green Energy Metals Royalty Co.: TNR Gold Corp. Presentation February 2018.Kirill Klip
This document provides an overview of TNR Gold Corp., a growing energy metals royalty company. It discusses TNR's key assets which include a 0.36% NSR royalty on the large Los Azules copper project in Argentina owned by McEwen Mining, the Shotgun gold project in Alaska which has an inferred resource of over 700,000 ounces of gold, and a 14.1% equity stake in International Lithium Corp. which is advancing lithium projects globally. The document highlights the favorable economics for the Los Azules project from its 2017 PEA, including its large resource size and potential value of TNR's royalty. It also discusses the exploration upside remaining at Shotgun to expand resources.
This presentation provides an overview of Solitario's mining projects and investment opportunities. It discusses the positive economics and development progress of the Mt. Hamilton gold project in Nevada. It also outlines the world-class potential of the Bongará zinc project in Peru, which is being advanced by partner Votorantim Metais. Solitario has a diversified portfolio including the high-impact Pedra Branca PGM project, the Pachuca silver-gold project, and a strong balance sheet to advance its goals.
IMPACT Silver has been a steady silver producer in Mexico for 10 years from its large land package with a history of silver mining. Recent exploration has led to the discovery and mining of new higher grade silver zones. The company continues exploration across the district to evaluate over 4,500 historic mine workings indicative of large mineralizing systems. Drilling at the San Ramon mine has expanded a new high grade silver zone remaining open for further expansion. IMPACT seeks to increase production from new discoveries while diversifying into gold and copper.
IMPACT Silver has been a steady silver producer in Mexico for 10 years from its large land package with a history of silver mining. Exploration continues to evaluate over 4,500 historic mine workings indicative of extensive mineralization. Recent drilling has expanded a new high-grade silver zone at the San Ramon Mine, with assays up to 610 g/t silver over 9.95 meters. Exploration is also targeting high potential areas such as Alacran North and San Pablo North to develop new mines within trucking distance of existing facilities.
International Lithium Presentation September 2014Kirill Klip
International Lithium Presentation. J/V with Strategic Partner from China Ganfeng Lithium. Mariana Lithium Potash Project in Argentina. Avalonia Lithium Project in Ireland. Mavis Lake Lithium Tantalum Project in Canada.
Redhill Resources Corp is a gold and rare-earth exploration company with projects in Western Australia and North America. The company is focused on advancing its flagship Gullewa Gold Project through exploration and feasibility studies to expand resources. Redhill also holds several early stage gold prospects in Western Australia's prospective Gascoyne region, and rare-earth properties in Utah and British Columbia that show potential for economic mineralization. The company aims to increase shareholder value through project development and strategic acquisitions.
North Arrow Exploration & Corporate Update October, 11 2018narminerals
Exploration and corporate update as of October 2018 for North Arrow Minerals with a focus on the Mel and Naujaat Diamond Projects, both located in Nunavut.
Probe Mines has discovered a large, high-grade gold deposit called Borden Gold in Ontario, Canada. The deposit currently contains over 3 million ounces of gold in the indicated and inferred categories. Drilling continues to expand the high-grade zone, which remains open along strike. Probe plans to advance Borden Gold through permitting, engineering studies, and regional exploration to develop Ontario's newest gold district.
North Arrow Minerals Corporate Update for May 2018narminerals
Presentation looks at the Mel, Loki, LDG and Naujaat Diamond Projects. Focus is on Mel and the upcoming drill program planned to commence late June. The Company is excited to follow up with the Project's first drill program to expand upon last year's prospecting discovery of the ML-8 kimberlite.
Deep South Resources Presentation September 2017MomentumPR
TSX-V-DSM, 52 million shares issued; Teck Resources holds 35% of DSM; Board and Management hold 16% of DSM;
Haib Copper Project – world class resource potential:
An existing 2 billion lbs Cu Historical Estimate*, open near surface and at depth; Over 65,000 metres of diamond drilling by 5 mining companies in the last 50 years including 14,000 metres of drilling by Teck in the recent years; Excellent mining jurisdiction – Namibia: Best investment jurisdiction in Africa; politically and economically stable country and Solid infrastructure;
INALProject – Major gold and Lithium potential
Neighboring and along trend to the Kinross Tasiast 21 Moz gold mine; Pegmatites bodies with spodumen over a length of 40 km and 10km width; Strongly under-explored country – Mauritania;
Seasoned and renowned technical management team, experienced board of directors.
In the Heart of Major Gold-Copper Mining & Development ProjectsStephan Bogner
With today‘s spot price of $1,730 USD, gold has appreciated by 19% since December and needs to rise another 12% to break above its previous all-time high of $1,923 USD, which was marked 9 years ago in 2011. Even more impressively, the gold price in Canadian dollars (CAD) has appreciated by about 25% since December and has been trading above its 2011-high for 9 months already. Last at $2,405 CAD, an ounce of gold in Canada is now worth 33% more than at its peak in 2011. As such, some senior and junior gold stocks have been performing well recently, especially those with active projects in Canada. One of them is IMC International Mining Corp., whose share price has increased by about 160% since December.
Clifton Star Formal Report by FCS (Mar 2009) webRonald Wortel
Clifton Star Resources holds gold and base metal projects in Quebec and controls over 11km of the prolific Porcupine-Destor Fault zone. It has a current gold resource of 1.4M oz and expects a new 43-101 report to increase this to 3M oz. Drilling is expanding known zones and identifying new targets along the fault. Base metal assets may be sold to focus on the gold portfolio. The analyst recommends Clifton Star as a speculative buy with a 12-month target price of C$5.35 based on its large land position in a historically productive gold camp and expanding resource base.
Copper exchange inventories have remained roughly constant for the last few weeks. Could it be just a pause for a market heading towards a surplus this year or another unexpected deficit like in previous years?
Update on metals market and junior mining companies listed on the Australian Securities Exchange
MPH Ventures Corp. is a Canadian mineral exploration company advancing molybdenum, graphite, and gold projects in Ontario. It owns 100% of the Pidgeon molybdenum deposit which has an indicated resource of 2.7 million tonnes at 0.117% molybdenum and an inferred resource of 12.4 million tonnes at 0.083% molybdenum. MPH also owns the North Albany graphite property near Zenyatta Ventures' hydrothermal graphite deposit and the Raney gold project, which had drill results of up to 6.52 g/t gold over 8 meters. The company is led by President James Pettit and has 14
Scientific Metals Corp is focused on acquiring and developing cobalt and lithium assets. Cobalt demand is expected to significantly increase due to its use in lithium-ion batteries for electric vehicles and home energy storage. Most cobalt currently comes from the Democratic Republic of Congo, which presents ethical and supply risks. Scientific Metals owns cobalt projects in Idaho and Utah that could provide a more sustainable alternative cobalt supply. It also owns lithium brine properties in Utah and Alberta that have potential for lithium production. The company is led by an experienced team with a track record of success in the resource sector.
MPH Ventures Corp. is a Canadian mineral exploration company advancing molybdenum, graphite, and gold projects in Northern Ontario. It owns 100% of the Pidgeon molybdenum deposit, which has an indicated resource of 2.7 million tonnes at 0.117% molybdenum and an inferred resource of 12.4 million tonnes at 0.083% molybdenum. MPH also owns the North Albany graphite property near Zenyatta Ventures' hydrothermal graphite deposit and the Raney gold project, where past drilling intersected gold mineralization including 3.91 g/t Au over 17.2 metres.
Strike Graphite (TSXv: SRK) Picks Up Graphite Projects in Saskatchewan and Qu...Resource Clips
Strike Graphite's new focus is on the newly acquired Saskatchewan graphite properties (Simon Lake and Deep BayEast). ResourceClips and Damien Lowry discuss the projects in the February 15, 2012 feature.
Strong potential for discovery of niobium-tantalum deposit(s) of significance...Stephan Bogner
Saville Resources Inc. today announced the filing of an independent NI43-101 Technical Report on the Niobium Claim Group Property in Québec, Canada.
Shareholders and investors alike should take a close look at the “Conclusions and Recommendations“ section, which starts as follows:
“The Property is considered to have a strong potential for discovery of carbonatite hosted niobium-tantalum-(phosphate) deposit(s) of significance, as well as for fluorite. The Author considers niobium-tantalum to be of primary interest, with fluorspar (fluorite) and phosphate as secondary commodities.“
As successful investors in the mining space know by heart, it‘s the discovery of a deposit which provides the largest upside potential as this phase typically creates most shareholder value.
Zimtu Capital Corp announces that it has signed an agreement with Lomiko Metals Inc. whereby Lomiko can earn a 100% interest in the Quatre Milles Graphite Property in Quebec. As part of the transaction, Zimtu will receive $25,000 and 2 million shares over 24 months, and will retain a 2% NSR on the property. Lomiko plans to complete a minimum $200,000 in exploration within 12 months and mount an aggressive exploration campaign on the property going forward.
MPH Ventures Corp is a Canadian mining company advancing molybdenum, graphite, and gold projects in Ontario. It owns 100% of the Pidgeon molybdenum deposit, the North Albany graphite property contiguous to a major discovery, and the Raney gold project where drilling has intersected significant gold mineralization. MPH management has extensive experience advancing resource projects and the company's properties have potential for resource development.
Coppernico Metals Inc. is a South American-focused mineral exploration company with projects in Peru. Its flagship project is Sombrero, a large copper-gold project located in southern Peru on an extension of one of Peru's most prolific copper belts. Sombrero has never been drilled for copper and gold and represents a major discovery opportunity. The company also owns the Takana project in Bolivia which hosts copper, nickel, gold and palladium mineralization over two multi-kilometer trends. Coppernico has a well-funded treasury and strong shareholder base as it works to unlock value from its projects in Peru and Bolivia.
Commerce Resources Corp. (TSXv: CCE) announced that drilling is underway on the company's Eldor Tantalum-Niobium and Rare Earth Element Project located in northern Quebec. Up to 15 holes totaling 3,000 meters will be completed. The exploration program will also include prospecting, mapping, soil sampling, a ground magnetic survey and trenching.
Lithium Exploration Company Advancing Projects in Nevada
The company discovered a 7 km zone of strong lithium mineralization up to 3,800 ppm Li in highly soluble mudstone at its Glory project in Nevada. Laboratory leach tests showed an average of 35% Li recovery from the mudstone using water and 95% recovery using dilute Aqua Regia. The company plans to drill shallow holes to further explore the lithium-rich mudstone and brines at its Glory and Dean projects in Nevada's Clayton Valley.
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAEAdnet Communications
The document summarizes Probe Mines' Black Creek chromite project located in Ontario's Ring of Fire region. It notes that the 2010 resource estimate for Black Creek indicated over 8 million tonnes of 37% Cr2O3 chromite. Nearby deposits like Black Thor and Big Daddy contain over 100 million tonnes of high-grade chromite. Infrastructure like roads and a railway will be needed to develop the region's chromite resources. Probe Mines is evaluating options for advancing the Black Creek deposit, which has potential for expansion and participation in the Ring of Fire development.
A lithium exploration company discovered a 7 kilometer zone of lithium-rich claystone at its Dean and Glory projects in Nevada, with samples up to 3,800 ppm lithium. Drilling at Dean identified strong near-surface lithium mineralization over 65 meters thick across the property. Laboratory testing showed the claystone is highly soluble, potentially allowing direct lithium production without complex processing. Cypress plans additional drilling and testing to define a resource and evaluate extraction methods from the abundant claystone.
Cypress Development (TSX-V: CYP) (OTCQB: CYDVF) is focused on developing the Company's 100%-held Clayton Valley Lithium Project in Nevada, U.S.A. Exploration by Cypress has discovered a world-class resource of a leachable lithium-bearing claystone adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. The size of the resource makes the Clayton Valley Project a premier target with the potential to impact the future production of lithium for the fast-growing global lithium-ion battery market.
VMS Ventures is a mining company that owns the producing Reed Copper Mine in Manitoba, Canada. In January 2015, the company exceeded production and development targets at the mine. High copper grades are expected as development continues within Zone 10 of the mine. The company is well funded with $4 million in treasury and seeks to grow through acquisition, discovery, and development. It also owns exploration properties in Manitoba that show potential for additional copper and gold deposits.
Commerce Resources Corp. is a mineral exploration and development company focused on developing its Upper Fir Tantalum and Niobium Deposit in British Columbia and exploring its Eldor Rare Earth Project in Quebec. The company has defined resources at its Upper Fir Deposit and is working to advance it to commercial production. It has also made a significant rare earth element discovery at its Eldor Project and is continuing exploration. Commerce aims to become a leading producer of tantalum, niobium, and rare earth elements to
Similar to Momentum Reports - Deep South Resources #1 (20)
The document discusses Rover Metals, a mining company focused on critical mineral and precious metal exploration projects in North America. It outlines Rover's key projects, which include a lithium exploration project in Nevada, USA and a zinc-lead-silver-copper project in the Northwest Territories, Canada. Rover aims to establish domestic supply chains for critical minerals necessary for clean energy technologies like electric vehicles, wind, and solar power.
Canada Silver Cobalt Works owns several high-potential battery metal and silver properties in Quebec and Ontario. These include the Graal project with nickel-copper-cobalt sulphide discoveries grading up to 2.08% nickel and 3.75% copper, and the Castle Silver Mine property with a past-producing silver mine and newly discovered very high-grade silver deposit at Castle East averaging over 8,500 g/t silver. The company is also developing its proprietary Re-2Ox hydrometallurgical process to produce battery metals from mining operations and battery recycling. Next steps include ramp development at Castle East, underground exploration at Castle Mine, and advancing the Re-2Ox process.
This document summarizes information about Sonoro Gold Corp, a gold exploration and development company with properties in Sonora, Mexico. It outlines the company's management team and technical team's experience in discovering and developing over 12 mines. It then focuses on describing the Cerro Caliche Gold Project, located in Sonora. An updated Preliminary Economic Assessment from May 2022 showed increased economic parameters for an open-pit heap leach operation at Cerro Caliche, including a higher pre-tax NPV and IRR compared to the previous PEA. The updated PEA also demonstrated lower initial capital costs and operating costs.
This document summarizes information about Sonoro Gold Corp, a gold exploration and development company with properties in Sonora, Mexico. It outlines the company's management team and technical team's experience in discovering and developing over 12 mines. It then focuses on describing the Cerro Caliche Gold Project, located in Sonora, Mexico. An updated Preliminary Economic Assessment from May 2022 showed increased economic parameters for an open-pit heap leach operation at Cerro Caliche, including a higher pre-tax NPV and IRR compared to the previous PEA. The updated PEA also demonstrated lower initial capital costs and operating costs.
Granada Gold Mine Corporate Presentation May 2022.pdfMomentumPR
Granada Gold Mine is presenting on its gold exploration project located in Quebec's prolific Abitibi region. The project covers the underexplored Granada shear zone and has seen high-grade historic samples. Recent drilling continues to intersect high-grade gold zones around and below the existing pits, supporting potential resource expansion and underground development. Granada Gold plans further drilling, permitting, and engineering to increase resources and advance the project towards production.
- Canadian junior exploration company focused on exploring and advancing early stage high-grade battery and precious metal projects across North America.
- The company's key projects include the Jackpot Lake lithium brine project in Nevada, the Lost Basin gold project in Arizona, and the Nicobat nickel-copper-cobalt project in Ontario.
- The Nicobat project will be spun out into a new publicly traded company, with Usha shareholders receiving shares in the new company.
Equity Research Report Sonoro Gold Corp - jun-22-us.pdfMomentumPR
Sonoro Gold Corp announced a private placement to raise up to CAD $2.025 million through the sale of units consisting of shares and warrants. Sonoro is developing its Cerro Caliche gold project in Mexico into a 15,000 tonne per day open pit mine, with initial production of 47,000 ounces of gold per year. The updated Preliminary Economic Assessment showed improved economics for the project, with lower costs and higher returns. Sonoro has submitted environmental permits which are required before construction can begin, and plans to submit a land use permit application, which once approved will allow debt financing and construction to proceed.
TRU Precious Metals Fact Sheet
Tru has assembled a portfolio of five gold exploration properties in the highly prospective central Newfoundland gold belt. The company has an option with a subsidiary of Toronto Stock Exchange-listed Altius Minerals Corp. to purchase 100 per cent of the Golden Rose project, located along the deposit-bearing Cape Ray-Valentine Lake shear zone. Tru also owns 100 per cent of the Twilite gold project, located along the same shear zone, and three underexplored properties including its Rolling Pond property (under option) bordering New Found Gold Corp.'s high-grade Queensway project.
SBM-Investor-Presentation-April-2022
Sirona Biochem was founded in 2009 by its current Chairman and CEO, Dr. Howard Verrico. The Company’s first transaction was to acquire an exclusive global license to TFChem’s proprietary diabetes drug, the SGLT2 Inhibitor.
Sonoro Gold Corp is a publicly listed gold exploration and development company with highly experienced management and technical teams. It has two precious metal properties in Sonora, Mexico: the Cerro Caliche Gold Project and the SanMarcial Gold & Silver Project. The company aims to expedite operations at its flagship Cerro Caliche gold project to fund growth and development with minimal shareholder dilution. Cerro Caliche is a low-sulfidation epithermal vein structure with multiple near-surface gold zones and potential for higher grades at depth, based on over 51,000 meters of drilling to date. A preliminary economic assessment outlines a proposed open-pit heap leach operation with a pre-tax NPV of $41.5
TRU Precious Metals Investor Presentation - MARCH 2022
Tru has assembled a portfolio of five gold exploration properties in the highly prospective central Newfoundland gold belt. The company has an option with a subsidiary of Toronto Stock Exchange-listed Altius Minerals Corp. to purchase 100 per cent of the Golden Rose project, located along the deposit-bearing Cape Ray-Valentine Lake shear zone. Tru also owns 100 per cent of the Twilite gold project, located along the same shear zone, and three underexplored properties including its Rolling Pond property (under option) bordering New Found Gold Corp.'s high-grade Queensway project.
The presentation provides an overview of the Cerro Caliche Gold Project located in Sonora, Mexico. It summarizes that over 47,500 meters of drilling have been completed to date, which supported a preliminary economic assessment that outlined a 7-year mine life with average annual production of 56,500 ounces of gold equivalent and an after-tax IRR of 32.5%. It outlines the 2022 program, which includes permitting, engineering, and construction activities to develop an open pit, heap leach mine at Cerro Caliche.
SBM-Investor-Presentation-March-2022
Sirona Biochem was founded in 2009 by its current Chairman and CEO, Dr. Howard Verrico. The Company’s first transaction was to acquire an exclusive global license to TFChem’s proprietary diabetes drug, the SGLT2 Inhibitor.
ROVER MERTALS CORPORATE OVERVIEW Q1-2022 + Q2 (Youtube Video Link)MomentumPR
Rover Metals is a junior mining company focused on expanding its high-grade Cabin Gold Project in the Northwest Territories of Canada. Recent drilling has expanded known resources and increased average gold grades in all zones. A maiden NI 43-101 resource estimate is targeted for H2 2022. The project benefits from nearby infrastructure and a potential processing agreement with the developing NICO mine. Rover also owns the Tobin Gold Project in Nevada near major gold mines.
Rover Metals completed a Phase 2 exploration program at its Cabin gold project that confirmed two gold zones and identified three new anomalies. Drilling expanded known zones and returned multiple high-grade intercepts. Upcoming plans include a resource estimate in 2022 and a Phase 3 drilling program to further explore targets. The analyst maintains a Buy rating and increased the fair value estimate to C$0.19 per share based on expanded zones and potential for resource growth.
The document provides an overview of geopolitical issues and trends, including:
1) The US withdrawal from Afghanistan weakened American credibility globally and empowered terrorist groups like Al-Qaeda and ISIS. China has continued its economic rise while America has spent trillions fighting terrorism and is politically divided.
2) Biden's withdrawal from Afghanistan was poorly planned and executed, undermining US leadership and alliances. Meanwhile, China has grown its economy and influence through initiatives like its Belt and Road initiative.
3) Several emerging powers like China, Vietnam, and Singapore have achieved economic success without Western-style democracy, relying instead on authoritarian or single-party rule, challenging the view that democracy is essential for development.
Mosaic Minerals - Presentation - Feb 2022MomentumPR
Mosaic Minerals is focused on nickel and copper mining in Quebec for electric vehicle batteries. It owns the Gaboury Nickel Project 130km from Rouyn-Noranda. Drilling in 2021 returned high grade nickel intercepts along a potential 3.4km corridor. Mosaic plans additional drilling in 2022 to expand known zones and confirm mineralization along a 7km magnetic anomaly. The company is led by an experienced management team and board with expertise in mining, capital markets, and engineering.
The Gaboury Project consists of 95 mining claims totalling 4,958 hectares located approximately 150 km southwest of Rouyn-Noranda. Nickel, copper, and gold occurrences were previously discovered in the geological environment near the project area. The company conducted a 1,500m drilling program in 2021 and plans an additional 5,000m drilling campaign in 2022 to test for extensions of previous discoveries and confirm the presence of nickel along a 7km magnetic anomaly. Historical drilling has returned results including 87.7m at 0.20% nickel and 121.5m at 0.32% nickel.
Rover Metals January 2022 Update - Latest analyst report MomentumPR
- Rover Metals completed a Phase 2 exploration program at its Cabin gold project in the Northwest Territories that confirmed two gold zones and identified three new anomalies.
- Drilling expanded the known zones and returned multiple high-grade intercepts, indicating potential for a medium-sized resource. A maiden resource estimate is planned for 2022.
- Upcoming catalysts include Phase 3 drilling results, the resource estimate, and ongoing work to increase the project's indicated gold potential.
This document provides information on Glen Eagle Resources Ltd., a gold mining company operating in Honduras. It summarizes the company's mission to maximize shareholder value through gold production and exploration. It also provides details on capital structure, ownership, gold processing facilities in Honduras, mining concessions, and management. The company operates a gold processing plant in Honduras and holds two mining concessions in the country near known gold deposits. It is led by an experienced management team with backgrounds in mining project development, operations, and finance.
Investn website for home loans at cheap ratesinvestnsydney
The Investn website offers a service aimed at helping Australians enter the property market with as little as $35,000 in savings. They cover a 10% deposit and assist clients in obtaining a mortgage, emphasizing a quick and straightforward entry into property investment.
Collective Mining | Corporate Presentation - July 2024
Momentum Reports - Deep South Resources #1
1. “We are delighted,” Says Chairman John Akweyne
As Deep-South Resources Seals Deal With Teck For
The Largest Copper Porphyry Deposit In Africa.
Goldman Sachs Predicts Copper Shortage During 2017
“Deep-South President & CEO Pierre Leveille:
“We expect to end up with up to 150-200 M tonnes over 0.50% Cu.”
On February 14, 2017, junior mining company
Deep-South Resources Inc., (TSX-V: DSM)
received a Valentine’s Day card from Canadian
securities regulator IIROC announcing
that it had halted its stock from trading
due to pending material changes. The
material changes meant that Deep-South
was going to add Teck’s 70% in the Haib
Copper Deposit to the 30% it already
owned giving it a 100% interest in the
largest known copper porphyry deposit in
Africa. IIROC lifted the trading halt on
February 23, 2017.
Deep-South had been working long and
hard on an agreement with Canada’s
largest diver- si ied mining company, Teck
Resources Ltd., (TSX & NYSE: Teck.A and
Teck.B) to acquire all of the Haib Copper
Deposit in Namibia by buying Teck’s wholly
owned subsidiary Haib Minerals (Pty) Ltd.
Haib is a copper molybdenum porphyry
deposit that is the oldest in the world and
which non-NI 43-101 compliant historical
estimates indi-cate may contain up to 1.3
billion tonnes of copper ore at 0.23% Cu.
MOMENTUM REPORTS — DEEP SOUTH RESOURCES Report #1 — April, 2017
$DSM: TSXv
Share Structure
Shares outstanding: 37 M
Fully diluted: 39.5 M
Year high: $ 0.33
Year low: $ 0.14
Market Cap: $ 9.3 M
Significant Shareholders
Board and Management: 25%
Teck Resources: 11%
Looking Forward
Once the signed agreement is
closed, Teck will become, with
35% of the common shares, Deep-
South’s largest shareholder. If
exploration proves successful,
Deep-South will have many
options to develop the mine into
production.
2. MOMENTUM REPORTS — DEEP SOUTH RESOURCES — Report #1 — April, 2017 2
Deep-South President & CEO Pierre Leveille
says that he had been pursuing the deposit
since 2003, when a contact told him that it
might be available. “We think we will end
up with 150-200 million tonnes over 0.50%
copper but at that point even with 0.45% it
will be economic.”
Deep-South, with a market cap of C$9.3
million, has finally reached the point all
junior exploration and mining companies
strive for. It is taking its first big step into
the majors by having brokered the agree-
ment with Teck, which has a market
cap of C$11.71 billion. Once the
signed agreement is closed, Teck will
become, with 35% of the common
shares, Deep-South’s largest shareholder.
If exploration proves successful, Deep-
South will have many options to develop
the mine into production.
Originally discovered in the 1900s by
German prospectors the Haib copper-
molybdenum deposit has been explored
since the 1950s. From 2010 on Teck
Namibia has drilled over 14,000 metres
and some of the higher values have come
in at 30 MT @ 0.81% Cu, 32 MT @ 79%, 25
MT @ 0.66 % and 84 MT @ 0.53%. Non
compliant historic estimates us-ing a GFM
model include 1,350 million tonnes @ 0.23%
Cu, 730 million tonnes @ 0.28% Cu and 230
million tonnes @ 0.37. Teck has
intercepted high grade ore both near
the surface and deeper in the deposit.
During 2017 and 2018 Deep-South intends
to launch detailed drilling campaigns in the
high grade zone to estimate the tonnage and
grade and map the high grade zone as well
as completing a NI 43-101 resource esti-
mate and produce a new economic assess-
ment.
Leveille says that the immediate milestones
the company intends to reach include com-
pleting the agreement with Teck which he
thinks will be signed by the end of March
or the beginning of April 2017. Exploration
programs have been conducted at Haib for
a considerable amount of time by Teck and
the companies that preceded it, Falcon-
bridge to name one, and there is plenty of
available data. “The milestone on the ex-
ploration side will be to put all that data to-
gether and create the model which will give
us drilling targets and then to start drilling,”
said Leveille.
Deep-South also has to raise funds and
Leveille says that he doesn’t see any big
problems at this point, “We have a very tight
and supportive shareholder group.”
“The milestone on the explora-
tion side will be to put all that
data together and create the
model which will give us drilling
targets and then to start drilling,”
said Leveille.
RECENT RESULTS
Originally discovered in the
1900s by German prospectors
the Haib copper-molybdenum
deposit has been explored since
the 1950s.
Copper-moly intersected below the historic resource;
Many EDM (early dark micaceous) veins identified with high grade Cu (over 0.5%)
near surface and below the historic resource;
3. 3MOMENTUM REPORTS — DEEP SOUTH RESOURCES — Report #1 — April, 2017
LeveillebelievesthefutureisbrightforDeep-
South. The company intends to continue to
look for base and precious metal projects
in Africa. As for the price of Deep-South’s
shares, Leveille expressed confidence that
DSM shareholder value should increase
upon completion of successful exploration
programs. Given the large amount of data
from drilling and metallurgical reports from
past exploration campaigns the company is
also confident that if the new drilling cam-
paigns are successful a profitable mine will
result. “We have a very good idea of what
kind of process we could use to start a
profitable mine with a low capex.” The Haib
License permitting exploration and develop-
ment covers 37,000 hectares. The deposit is
located 8 km from the Orange River and
South African border, 3 km from the main
road and the main power lines from South
Africa. It is 100 km from major railroad
lines. The deposit is approximately 1 km
by 2 km and extends from the surface to a
depth of 800 metres. So far, only the top 350
metres have been explored.
Teck will now become
Deep-South’s largest
shareholder with a
guaranteed 35% stake
in the company.
Teck already has 11% of Deep-South and
holds a $379,000 convertible debenture at
$0.14 per share until September 2020. In
return for the property Teck will receive an
initial payment of C$200,000 on the first
and second anniversaries of the deal for
a total of C$400,000 and bonus payments
based on development milestones totalling
C$25 million. Teck will also receive 13.6
million common shares. At closing Teck’s
shares may be topped up to ensure it has
a 35% ownership position. As well, Teck
will receive a 1.5% net smelter royalty and
a pre-emptive right to participate in a Deep-
South financing for as long as Teck holds
over 5% of the company.
If Deep-South decides to sell or option the
property within 24 months of closing, Teck
will receive 30% of the sale gross proceeds
and if the sale takes place between the 24th
and 36th month, 20% of the gross proceeds.
“We are delighted with this transaction,” said
John Akwenye, Deep-South’s chairman, in a
press release. Teck will now become Deep-
South’s largest shareholder with a guaran-
teed 35% stake in the company. “Teck is a
strong shareholder to have in support of the
company.” Deep-South board members and
management hold 25% of the company.
The Haib Copper Deposit is the largest
known copper porphyry in Africa. Non-NI 43-
101 compliant estimates based on histori-
cal work carried out at Haib indicate that it
might contain as much as 1.3 billion tonnes
of copper ore grading 22%Cu.
While commodities in general have been
prosperous, a Bloomberg story written on
February 13, 2017, by Mark Burton noted that
copper was off to its best start since 2012
and that on February 13, 2017 it reached
US$6,112.50 a ton, a price that hasn’t been
seen since May 2015.
Copper prices have been pushed higher by
problems at two major mining sites, BHP
Billiton Plc’s Escondida mine in Chile which
is on strike and at Freeport-McMoRan’s
Grassberg operation in Indonesia where
production has been suspended while the
company renegotiates the conditions of its
mining permit with the government.
That, however, may be inconsequential.
Goldman Sachs which was previously bear-
EXPLORATION FOCUS
Focus for 2017 & 2018:
Compilation of all the data available
from the 1960’s period to today;
Create a new Geological and
resources model;
Detailed drilling (4,000 m) in
the high grade zones in order to
estimate the tonnage and grade
of the zones;
Detailed mapping of the high
grade zones;
Metallurgy and process technology
testing to define the best extraction
method;
Complete a new economic
assessment and 43-101 resource
estimation report.
4. 4MOMENTUM REPORTS — DEEP SOUTH RESOURCES — Report #1 — April, 2017
DISCLAIMER - Momentum PR provides information only. This report does not constitute investment advice and should not be interpreted as such.
ish on copper is now looking bullish. It has
forecast a copper shortage in the range of
180,000 tons for 2017. But that may just
be the beginning. In a Bloomberg story pub-
lished on May 26, 2016, BHP Billiton has
estimated a 4 million ton deficit by 2023.
Namibia ranked fourth in the Fraser Insti-
tute’s 2016 Mining Investment Attractive-
ness Index-Africa, after Morocco, Burkina
Faso and Ghana. The difference between
first and fourth place is 4 percentage points.
Major miners with interests in Namibia
include global heavyweights Teck, Rio Tinto,
De Beers, Anglo Gold, Glencore and others
based in South Africa, Australia and China.
Gold, diamonds, zinc copper and lead are
mined in Namibia as well as rare earths
and in 2017, Namibia expects to become
the third largest producer of uranium in the
world.
Deep-South started life as Jet Gold Inc.,
founded in 1987. As Jet Gold the company
had precious mineral exploration and devel-
opment projects in the United States and
Canada. Jet Gold changed its name in 2016
to become Deep-South Resources.
Deep-South is a Canadian company listed
on the TSX Venture exchange under the sym-
bol DSM. When trading halted the shares
were at $0.22. According to Bloomberg
Markets, Deep-South has a market cap of
C$8,169,000 and a 52 week range of C
$0.14 to C$0.39. The company’s strategy is
to actively acquire and explore major
precious and base metal projects in
established mining camps, close to water,
power and roads in stable countries.
Company chairman John H. Akwenye is a
retired lawyer with 30 years of experience
in Namibian business development. He is a
former chairman of the Namibian Airports
Company and sits on the boards of Areva
Resources and PE Minerals. Management
and board hold 25% of Deep-South.
Namibia ranked fourth
in the Fraser Institute’s 2016
Mining Investment
Attractiveness Index-Africa,
after Morocco,
Burkina Faso and Ghana.
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