24 November 2024

Tag: VMS

Blue Moon Zinc (MOON.V) looks to drill flagship VMS project in Mariposa County, California

In a recent Guru offering, we noted how the $1850 level in gold—a level we suspected of being surveilled by a whole universe of traders—had turned into a front line in the brawl between bulls and bears. The above chart shows a bear trap (the late November-early December dip) and subsequent charge through $1850 resistance.…

7 January 2021
Arizona Metals (AMC.V) expands VMS land package as gold and copper come into focus

An 1982 historic estimate by Exxon Minerals reported a “proven and probable reserve of 6.4 million short tons at a grade of 3.03% zinc, 55 g/t silver and 2.8 g/t gold, 2.2% copper”.

5 January 2021
Arizona Metals (AMC.V) and Delta Resources (DLTA.V) set stage for significant newsflow as 2020 draws to a close

It would appear that $1,850 is turning into a front line in the brawl between gold bulls and bears. After breaking through key support ($1,850) earlier in the week, the snap-back from the $1,767 level, anchored by a surfeit of compelling fundamentals, coincided with the U.S Dollar printing 2.5 year lows. Short term, the market…

12 December 2020
Delta Resources (DLTA.V) tees up VMS targets in Chibougamau, Quebec – Updates progress on its highly prospective Ontario ground

Delta Resources (DLTA.V) is an ExplorerCo focused on its highly prospective Delta-1 (Eureka) project in the Thunder Bay area of Ontario and its Delta-2 project, located in the Chibougamau Mining Camp of Quebec. Both projects are worthy of flagship status. Both projects are being pushed further—aggressively—along the exploration curve. Both projects may be on the…

4 December 2020
Two strategic deposits, two strategic hires – Arizona Metals (AMC.V) and Defense Metals (DEFN.V)

When conducting due diligence on a prospective company in the junior exploration arena, the crew behind the enterprise needs to be examined with great rigor. I can’t stress this enough. Again, at the risk of sounding like a stuck record… you can have a great project, but without the right team in place, shareholder-value-creation is…

3 December 2020
A Guru ClientCo Resource Roundup – Arizona Metals (AMC.V), Baru Gold (BARU.V), Golden Lake (GLM.C), Nomad Royalty (NSR.T), Sentinel Resources (SNL.C) and Freeport Resources (FRI.V)

Trading activity in the junior exploration arena is currently dominated by short tempers, across-the-board selling (some of it profit taking), and transient bouts of cautious buying. Should we have predicted this weakness, with the flurry of private placements from earlier this summer coming off hold? With the vorticity of economic and political uncertainty around the…

24 November 2020
Delta Resources (DLTA.V) – a tightly run ExplorerCo with significant discovery potential in mining-friendly Ontario and Quebec

Having experienced two significant up cycles in precious metals, and an equal number of downers, I now lean towards companies with a little more meat on the bone to ride the uptrend. Meat = resources, particularly those in geological settings ripe for growing the ounce-count. When I look at a company without a meaningful resource…

19 November 2020
Arizona Metals (AMC.V) receives positive metallurgical feedback – on the cusp of an aggressive drilling campaign at prolific VMS district in mining-friendly Arizona

The one facet of exploration and development that can trump all others—just ask any seasoned mining man (or woman) in this arena—is metallurgy. Metallurgy is the science (some prefer the word “art”) of extracting valuable metals from their ores and modifying them for their intended use. On November 9th, Arizona Metals (AMC.V), drawing on the…

12 November 2020
Arizona Metals (AMC.V) homes in on gold-copper-rich VMS targets in mining-friendly Arizona

Let’s face it, management is everything in the junior exploration arena (okay, nearly everything). You can have a great, company-maker of a project in the friendliest jurisdiction, but without the right team in place—a combination of gifted rock kickers and enterprising business types— things can fly apart at the seams. Operational inefficiencies often create a…

5 October 2020