Ascot Donates PPE to Local Stewart Hospital

Ascot Resources provided on update on the status of the company’s full feasibility study for the combined Premier and Red Mountain Gold projects. Luminex Resources announced its maiden mineral resource estimate at the Camp deposit. Kintavar Exploration and IsoEnergy provided new drilling results. Novo Resources announced they have subscribed for more than 9 million units of ASX listed GBM Resources. Nexus Gold to work with Leocor Ventures on the Dorset Gold project.

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M&A News out of the Junior Explorers

Seabridge Gold announced this morning it has entered into an agreement to acquire a 100% interest in the 3 Aces gold project in the Yukon, Canada from Golden Predator Mining. Argonaut Gold and Alio Gold announced they have entered into a definitive agreement for an at-market merger whereby Argonaut will acquire all of the issued and outstanding shares of Alio. Premier Gold confirmed their offer to acquire the remaining 50% interest in the Greenstone Gold Mines Partnership from Centerra Gold. Aura Mineral and Para Resources announced this morning that Aura has completed the purchase of all of the issued and outstanding shares of Para’s wholly-owned subsidiary Z79 Resources. GR Silver MIning has closed its acquisition of the Plomosas Silver Project from First Majestic. 

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Mistango River Acquires Land Package Adjacent to Kirkland's Macassa

Centerra Gold shared their full-year 2019 results this morning. EMX Royalty announced it has closed its previously announced acquisition of net smelter returns royalty interests covering 18 properties in Chile from Revelo Resources Corp. MacDonald Mines Exploration had previous assays announced in February re-assayed and shared those new results this morning. Mistango River Resources announced they have acquired a 2,105 hectare land package called the Teck-Kirkland Property from Hinterland Metals.

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Osprey Gold and MegumaGold Announce Merger; Gold Soars

Osprey Gold announced yesterday afternoon that they have entered into a letter agreement pursuant to which MegumaGold would acquire 100% of the issued and outstanding shares. Luminex REsources released Condor Camp Zone drilling results and included 3.12 g/t gold and 68.2 g/t silver over 44 meters. Novo Resources announced it has finalized the acquisition of a 100% interest in exploration licenses from Artemis Resources. Nexus Gold announced it has completed an offering of 8,980,000 units by way of non-brokered private placement at a price of $0.05 per Unit for gross proceeds of $449,000. We also share this week's Oreininc Weekly Update.

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Endeavour Mining and SEMAFO: Merging in West Africa

Gold spiked up to $1518 on Friday and then was systematically taken back down. Endeavour Mining announced they  have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of SEMAFO. Nighthawk Gold reported assay results from its ten remaining holes of its 110 drillhole program from last year. Wallbridge Mining says it continues to define high-grade gold mineralization at shallow depths. Unigold shared results from its ongoing drill program at the Candelones Extension deposit. 

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Kirkland Lake Doubles its Dividend

Gold took another header on Wednesday as fear of the unknown from the coronavirus gripped all markets and selling prevailed. Kincora Copper has closed its agreement with RareX and now controls over 1,700 square kilometers in a leading porphyry jurisdiction in Australia. Coro Mining Corp. today announced that it has entered into an unsecured working capital facility with its major shareholders. IMC International Mining announced this morning it has entered into a definitive agreement to acquire Thane Minerals. Kirkland Lake Gold reported on its progress with its share repurchasing program.

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Nord Gold Looking to Acquire Cardinal Resources; Precious Metals Getting Pummeled

Cardinal Resources says it has received notification from Nord Gold that it has acquired a 19.9% interesting their shares. Alamos Gold set to acquire and cancel the 3% NSR on Island Gold Mine. Maple Gold Mines shared new exploration results. VanadiumCorp shared new drilling results. Turquoise Hill shared an update from the Oyu Tolgoi mine in Mongolia.

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Ascot Resources: Leveraging Current Infrastructure for the Pending Feasibility Study

Ascot Resources (TSX:AOT / OTCQX:AOTVF) CEO Derek White joined us to discuss the company's Premier project in the Golden Triangle as the group leads it into the publication of a full feasibility study. Derek discusses the infrastructure available for the project and some in part due to the Brucejack project. We also discuss financing opportunities the group could look at for construction of the project. 

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SilverCrest C$75 million Financing, Equinox Merger Complete, COVID-19 and PDAC

Gold and silver, especially gold, were down somewhat sharply on Wednesday as were the mining stocks. Equinox Gold and Leagold announced they have completed their proposed merger. Wesdome shared they Q4 and Year End financial and production numbers. A new financing for SilverCrest. Genesis Metals says it has commenced its Phase 1 drill program for 2020. Treasury Metals and Platinex are combining land packages in the Shining Tree District in northern Ontario. COVID-19 linked to PDAC. 

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Pretium Reduces Mineral Reserve Gold Grades at Valley of the Kings

Both gold and silver experienced high volatility on Monday along with the stock and bond markets. Pretium Resources announced their updated mineral reserve, mineral resource and Life of Mine plan for the Brucejack Mine in British Columbia. Franco-Nevada CEO David Harquail says the company reached its best quarter ever in a statement yesterday. Treasury Metals shared the first assay results from its expansion drilling. 

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Vizsla's Maiden Drill Results, Weekly Oreninc Update, and Overall Market Circuit Breakers

The overall markets are flooded with volatility today. Vizsla Resource’s much anticipated maiden drill results from its Panuco silver-gold district in Mexico were announced this morning. Also in Mexico, SilverCrest announced in-fill and expansion drill results for the Babi Vista Vein on the Las Chispas Project located in Sonora. Mawson Resources says it drilled the best hole of the 2020 winter season at the Palokas prospect on the Rajapalot Project in Finland. Endeavour Mining shared their fiscal year 2019 numbers this morning. We welcome back Kai Hoffman with the Oreninc Weekly here on MSD. 

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Looking at the Monthly Close on Precious Metals and the PDAC Conference with David Erfle, The Junior Miner Junky

David Erfle of the Junior Miner Junky joined Mining Stock Daily to look at his targets in precious metals. We also talk about the lack of movement from the junior explorers even with a move higher in gold. We talk about his strategy for PDAC next week and where some low hanging fruit continues to lie within this space. 

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Trevor Hallgold, silver, PDACComment
Updates from OceanaGold, Nexus Gold, New Age Metals and more

Silver remains undervalued. OceanaGold says it has entered into a forward gold sale arrangement. Nexus Gold has received early sampling results from its newly acquired Manzour-Dayere gold permit in Burkina Faso. New Age Metals shared a corporate update this morning regarding their River Valley PGM project. MacDonald Mines shared more drill results this morning from its North Pit area of the Scadding Deposit. Golden Mineral shared their 2019 financials this morning.

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Trevor Hallgold, silver, miningComment
Osprey Gold Drill Results from Mitchell Lake; Oreninc's Weekly Update

The gold price was swatted $26 on Tuesday while silver had its wings clipped for 68 cents. Osprey Gold shared new drill results from Goldenville. Monarch Gold reported the third set of assay results from its 2019 diamond drilling program on the McKenzie Break gold project in Val-d’Or. Paramount Gold Nevada says it has submitted its Plan of Operation to the Federal Bureau of Land Management. Ambler Metals approves 2020 budget. HighGold begins drilling in Timmins. Ely options off property to Blackrock. Kai Hoffman joins us for the Oreninc Weekly Update. 

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Trevor Hall
Deeper Drill Results from Mother Lode, New Gold's Deal with Ontario Teachers, & New EMX Interest in Finland

orvus Gold shared new drill results this morning from its ongoing Main Zone infill and step-out Phase-4 drill program. Galway Metals also shared drill results this morning. Nexus Gold shared their plans for an upcoming drill campaign on the McKenzie Gold project in Red Lake, Ontario. EMX Royalty has acquired a 2% Net Smelter Return royalty on various exploration licenses totaling just over 1,000 hectares in Finland. New Gold announced it has entered into a strategic partnership with Ontario Teachers’ Pension Plan.

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Trevor Hallgold, Nevada, Finland, palladium