Today we welcome John Robins, a Founder of Discovery Group, to Mining Stock Daily to talk about his philosophy behind the idea of the organization, the success the group has found recently, and why management is crucial for any project within the junior exploration sector. We also discuss K2 Gold's new project in California with CEO Stephen Swatton, the challenges of developing a project in California and the benefits of being a part of the Discovery Group.
Read MoreMatt Manson of Marathon Gold joins Mining Stock Daily to discuss the Valentine Gold Project in Newfoundland and preparing his company to check all the boxes to put the project into construction phase.
Read MoreThe price of gold closed down $4 from Friday's close in Monday's day session. Integra Resources released a Preliminary Economic Assessment on its Delamar gold-silver project in Idaho. Gold Standard Ventures shared their results from the completion of the south Railroad Pre-Feasibility Study on its Railroad-Pinion project in Nevada’s Carlin Trend. Vista Gold also announced an updated preliminary feasibility study for the Mt Todd Gold Project. Kincora Copper shared drill results this morning from its copper-gold porphyry projects in Mongolia. McEwen Mining has reduced their yearly production guidance at both the Black Fox and Gold Bar projects. Equinox Gold announced an update in regards to the company being traded on the New York Stock Exchange.
Read MoreThe price of gold had $45 removed from its price starting early Thursday morning and the price of silver was pushed back well below $19. Osisko Mining says the company hit bonanza grades during the definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt in Québec. Robert Friedland’s Ivanhoe Mines reported this morning that the underground drift development at the Kakula Copper Mine has reached the high-grade ore within the deposit. K92 Mining shared new drill results from diamond drilling at the Kora North Extension of the Kainantu gold mine in Papua New Guinea. Prophecy Development Corp says it has closed a private placement which raised $2.6-million through the issuance of 13-million common shares at a price of $.20.
Read MorePeter Bojtos joins Mining Stock Daily for our in-depth and exclusive interview this week. Peter is a seasoned veteran of the mineral exploration and mining industry. He began his career as a geologist and then turned engineer, financier, and board director for many companies throughout the globe. Peter discusses lessons he's learned through the many cycles endeavored in the mining and
Read MoreGold and silver on Wednesday continued their remarkable move higher, weathering yet another overnight sell-off and rebounding to new multi-year highs. Nighthawk Gold shared their latest drill results from both its flagship Colomac Gold Project and the Treasure Island Gold Project. Regulus Resources says Hole 34 was successful in expanding the footprint of the AntaKori system to an area that had never been tested previously. Galway metals reported its final assay results from the Jubilee Zone and first drill hole results from the recent Richard Zone discovery since the resumption of drilling there. Tinka Resources shared assay results from 2 recently drilled holes from the Ayawilca Property in Peru. Monarch Gold announced assay results from the 2019 diamond drilling program at its newly acquired Fayolle gold project 35 kilometres northeast of Rouyn-Noranda and near its Camflo mill.
Read MoreRio2 announced results of its highly anticipated mineral resource estimate and pre-feasibility study for its Fenix Gold Project in the Atacama Region of Chile. McEwen Mining shared exploration drill results from its Stock Property which is part of the Black Fox Complex near Timmins, Ontario. Anacando Mining announced results from 18 diamond drill holes drilled in the East Goldbrook Gold System at the Goldboro Gold Project in Nova Scotia. Lumina Gold shared results from the thirteen hole metallurgical and pit slope geotechnical drilling program. Great Bear Resources announced that it drilled multiple gold discoveries along 3.2 kilometres strike length of the approximately 18 kilometre long LP Fault target at its 100% owned Dixie project in the Red Lake district of Ontario.
Read MoreWith markets closed in the U.S. for the Labor Day holiday on Monday, the price of gold jumped $9 from Friday's close while the price of silver jumped 20 cents from Friday's close. We cover drilling results from a round of junior resource companies, including Osisko Mining, Marathon Gold, Victoria Gold, Banyan Gold, Osino Gold and Revival Gold. Probe Metals released an updated resource estimate. Mineral Mountain financing for a 4,000 m drill program.
Read MoreOn today's in-depth interview, we speak with David Erfle of Juniorminerjunky.com about gold consolidation, a technical new bull market for silver, and all things precious metals. I also ask him about increasing risk in one's junior miner portfolio right now. He also discusses his game plan for questions and conversations with companies at this year's Precious Metals Summit and Denver Gold Forum held in just a few weeks.
Read MoreThe price of gold traded as high as $1556 on a front month futures basis overnight and prior to the start of the Comex floor trading session. Western Copper and Gold has completed the acquisition of Cariboo Rose Resources and its 311 mineral claims that comprise the Canadian Creek Property. Sable Resources announced it has entered into an Investment Agreement along with an Equity Subscription Agreement with Osisko Gold Royalties. Horizonte Minerals announced it has signed a royalty agreement with Orion Mine Finance. Go Metals provided an exploration update from its Monster Project in Canada’s Yukon Territory.
Read MoreTreasury yields in the US fall to a new record low on growing concern about the fallout from a bitter global trade conflict. Precious Metals and the miners look to gain on the news. SilverCrest released results from 33 drill holes this morning from infill and expansion drilling at the Babi Sur Vein of the Las Chispas Project in Sonora Mexico. GoGold Resources released assay results from three new diamond drill holes at the Los Ricos Main area. Westhaven reported drill results from its ongoing drill campaign at its Shovelnose gold property.
Read MoreThe price of gold hit $1568 on a front-month futures basis and silver made a run for $18 before a Trump tweet that China and the White House discussed the trade dispute over a phone call that apparently was never made. Probe Metals shared new drill results from its 2019 program on the Val-d’Or East Monique option property. Ascot Resources shared the fifth set of results from its 2019 drill program at the Premier Project near Stewart, British Columbia. Triumph Gold has entered into an option agreement with Rio Tinto Exploration Canada to sell its Andalusite Peak property located in northwest British Columbia. K92 Mining says the company has paid $12.5-million to Barrick Gold under the Amendment Agreement previously announced in July. Dolly Varden Silver Corporation announced that it will raise $3.5 million from the sale of flow-thru shares.
Read MoreThe prices of gold and silver soared on Friday in response to an escalation in the trade war between China and Trump. Sun Metals shared assay results from the first drill hole to be drilled north of the 421 zone. Xanadu announced the second batch of assay results from its oxide gold drilling program on the company’s flagship Kharmagtai project in Mongolia. Troilus Gold reported drill results from its Zone 87 South at the Troilus Gold Project in Quebec. IAMGold announced this morning mining restarted over the weekend in the northern pits of its Rosebel Gold Mine in Suriname.
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In today's in-depth interview, we welcome Robert Sinn, aka @CEOTechnician on Twitter and Goldfinger on ceo.ca. Robert volunteers his time to talk about his current analysis on gold and gold mining stocks. He discusses his ideas of where exactly we are in the gold bull cycle and the lessons he learned through the cycle in 2008-09. Robert is a former National Chess Champion and teacher of the game to many youth. He describes similarities needed for both chess success and resource speculation success. I also ask him about psychology of investing in this space.
Gold managed to shake off yet another overnight price takedown when Asia closed and London opened. Kirkland Lake announced it has acquired 2 million units of Bonterra Resources by way of a private placement financing. Silvercrest Metals says it has received approval from the Secretaria de la Defensa Nacional for the operational storage and use of explosives at the Las Chispas project in Sonora, Mexico. QMX Gold reported assay results from reconnaissance drilling on the New Louvre target on the company’s land package in Val d’Or, Quebec. The Mining Stock Journal wanted to comment on the massive exportation of gold from Switzerland to the London gold market.
Read MoreGold and Silver consolidation seemed to pause yesterday as the precious metals showed more signs of upward movement. We have a round of exploration drilling results to share with you, including updates from Great Bear Resources, Gatling Exploration and Bluestone Resources. Treasury Metals announced that Canadian Government has granted environmental approval of the Company's Goliath Gold Project in northwestern Ontario, thereby authorizing the Company to proceed with the construction of a mining operation.
Read MoreThe gold price was whacked for $15 on Monday and silver was ripped down below $17. K92 Mining provided a shareholder update in response to the recent market activity on the company’s shares. The share consolidation of Equinox Gold is complete with a ratio of five-to-one. Barkerville Gold released a Preliminary Economic Assessment for its Cariboo gold project in British Columbia. Fireweed Zinc shared drill results from five drill holes in the Tom North open pit target and step out hole at Tom West, all on the Macmillan Pass project in Yukon. McEwen Mining shared an update on exploration activity from the company’s Gold Bar Mine property. Corvus Gold announced it has completed a private placement financing with AngloGold Ashanti.
Read MoreThe Mining Stock Journal said that it expects a possible long overdue price correction going into the the last two weeks before Labor Day weekend. Drill underway at Minera Alamos Santana project. Ivanhoe Mines says drilling at the company’s Kamoa North Bonanaza Zone on the Kamoa-Kakla project in the Democratic Republic of Congo has hit the highest-grade intersection ever drilled for the project.
Read MoreIn today's in-depth interview, we discuss the refocused attention of the Pinnacle Reef prophyry project by Pacific Empire Minerals. CEO Brad Peters discusses the decision going into the mobilization, the strength of having its own RC drill available for the portfolio of projects, and the positive outcomes companies within the project generator model can have for shareholders.
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