Tag: Volcanic Massive Sulphide Deposits
-
Rockridge Resources (ROCK.V) tags additional copper at Knife Lake – plans phase-2 drilling this summer
On July 14th, Rockridge Resources delivered results from a recently concluded diamond drilling program at its flagship Knife Lake Project located in Saskatchewan—a mining destination currently ranked #3 by the venerable Fraser Institute. This Phase-1 campaign consisted of twelve drill holes for 2,043 meters. Assays, and the geological cues this drill core carries, have now…
-
Golds (potential) catalysts – the Bitcoin vs Gold debate (oh, it’s most definitely on) – a roundup including Delta (DLTA.V), Arizona Metals (AMC.V), Nomad (NSR.T), Prime (PRYM.V), Defense (DEFN.V), and Forum (FMC.V)
It would appear that Gold, after a hasty retreat in Q1 of 21, is back to riding the $1750 line, a level that has held prices in check for the past month and a half. After breaching and taking out this key resistance level last week—pushing to $1760, nearly $80 higher from the lows tagged…
-
Arizona Metals (AMC.V) upsizes significant bought-deal PP within hours of announcement – triples the size of Kay Mine Project drill program to 75,000 meters
Arizona Metals (AMC.V) has been one of the better price performers in the junior exploration arena since it began trading in the summer-of-2019. Over the past 5 months in particular, the stock has demonstrated some very decent price trajectory, heightened by a runaway gap in mid-February. Clearly, the market sees the potential in this Company’s…
-
Arizona Metals (AMC.V) takes it up a notch – mobilizes 2nd drill rig to flagship VMS project in mining-friendly Arizona
One of the better volcanic massive sulphide (VMS) plays we’re aware of—Arizona Metals (AMC.V)—just accelerated a fully-funded Phase 2 drilling campaign at its flagship Kay Mine Project in mining-friendly Arizona. We like VMS settings here at Guru Central. Their ubiquitous nature being the reasoning—where there’s one deposit or lens, there’s often another, and another. These…
-
X-Terra (XTT.V) drills for gold, Arizona Metals (AMC.V) and Baru Gold (BARU.V) court U.S. investors
X-Terra (XTT.V) drills for gold, Arizona Metals (AMC.V) and Baru Gold (BARU.V) court U.S. investors
-
Delta Resources (DLTA.V) launches winter VMS (gold/copper/zinc) drill campaign
The objective of the drilling program is to test a minimum of 18 targets deemed to have excellent potential for volcanogenic massive sulphide (VMS) mineralization similar to the Lemoine past producer which is located 1.5 kilometre north of the property boundary.
-
A Guru ClientCo Resource Roundup – Delta (DLTA.V), Nomad (NSR.T), Freeman (FMAN.C), Defense (DEFN.V), Fremont (FRE.V), and BARU.V
The battle for dominance over the $1850 front line in gold wages on. We’ve been reporting on this conflict—the brawl between bulls and bears over this key level of support (and resistance)—for a number of weeks. As I type here in the predawn light of Jan. 14th, 2021, gold bulls are attempting to regain control…
-
Arizona Metals (AMC.V) commences phase-2 drill program as share price doubles on back of rocketing copper prices
We have an impressive stable of resource clients here at Equity Guru, several of which produced significant gains in recent sessions. Defense Metals’ (DEFN.V) is a standout, having captured high ground not seen since it made its debut two years back. What’s really striking about this price trajectory is the accompanying volume. Defense is a…
-
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.…
-
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”.