21 November 2024

Tag: PGM.V

Nexus Gold (NXS.V) hits 13.25 grams/tonne over 2.75 meters at McKenzie Gold Project in Ontario

“Of the first six holes drilled (784 total meters), six returned elevated gold assays,” reported Nexus, “while the last three holes MK2020-004, 005, and 006, all contained zones reporting visible gold”.

19 August 2020
Nexus Gold (NXS.V) in up-trend as USD weakens

In 2020, the U.S gov. has borrowed another $7 trillion, the U.S. dollar has weakened further, the flight to gold is now a stampede and many gold juniors have experienced sharp gains in share price.

24 July 2020
Nexus Gold (NXS.V) doubles down on McKenzie drill program

This $15 million company owns 11 projects on two continents.

3 July 2020
Deflation is here! Is that a bad thing?

Today, the U.S. Labor Department reported a general decline in underlying prices during April, 2020 – causing financial pundits to freak out about the possibility of further deflation. Deflation – at first glance – appears to be a good thing. Stuff gets cheaper – great! However, deflation spooks stock markets because it is a sign…

12 May 2020
Strategic Metals (SMD.V) tees up Mount Hinton for high-grade gold and silver

A good number of the junior exploration companies we follow here at Guru Central have claimed higher ground in recent sessions: Skeena Resources (SKE.V), HighGold Mining (HIGH.V), Coral Gold (CLH.V), Pure Gold (PGM.V)… to name a few. It would appear that gold stocks are beginning to de-couple from general equities. The following GDX chart shows…

15 April 2020
Pure Gold Mining (PGM.V) – a high-grade Red Lake development story

Pure Gold is a development and exploration story out of the High-Grade Gold Capital of the World—the Red Lake Mining Camp of northwestern Ontario. The company’s Madsen deposit, aka the PureGold Mine, is considered the highest grade development-stage project in Canada. Pure Gold (PGM.T) – (PUR.LSE) – (LRTNF.OTC) Investor presentation Pure Gold’s resource at Red…

6 April 2020
Nexus Gold (NXS.V) tables plans to drill Red Lake project

Nexus put out news loyal shareholders really wanted to see—a plan to mobilize a drill rig to the heart of the Red Lake Mining District. The company’s 1,348.5-hectare Mckenzie Project is well-positioned in the famous mining camp, flanked by the likes of Newmont-Goldcorp (NGT.T), Yamana (YRI.T), Pure Gold (PGM.V) and Premier Gold (PG.T). Previous exploration…

21 December 2019
Nexus Gold (NXS.V) Monetizes Rakounga Gold Project for $2.25 Million in Cash and Work Commitments

Nexus Gold (NXS.V) management correctly gauged sentiment in the junior exploration arena at the beginning of 2019, sensing a continuation of the pervasive weakness we’ve witnessed over the past eight years. Electing not to mobilize a drill rig to any one of their highly prospective projects in Burkina Faso likely saved a whole lotta grief…

6 December 2019
Ontario-Quebec ExplorerCos poised for potentially significant gains as the correction in gold matures

At the beginning of this year, and several times since, we covered numerous exploration plays on both sides of the Ontario-Quebec border⁠—ExplorerCos kicking rocks and probing the subsurface of prolific geological settings like the Abitibi Greenstone Belt. Only the gold fields of South Africa have outproduced the Abitibi where more than 200 million ounces of…

15 October 2019
Gold opportunities in the Abitibi Greenstone Belt: 13 dirt-cheap ExplorerCo’s for your consideration

Are we on the verge of a new bull market in gold? Will the companies that explore for the stuff – the junior exploration companies aka ExplorerCo’s – rise from the smoldering ruins and come back into the light? We’ve laid down a solid case for this undervalued, under appreciated lot here at Equity Guru…

16 January 2019