• Explorer Agrees to Partner on Nevada Gold Project with OceanaGold

    Explorer Agrees to Partner on Nevada Gold Project with OceanaGold

    Source: Streetwise Reports 04/22/2019 This deal comes right before this year's exploration season.American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release it entered into an agreement with OceanaGold U.S. Holdings Inc., allowing it to earn into its Tuscarora gold project in Nevada. OceanaGold U.S. Holdings Inc. is the U.S. subsidiary of the multinational OceanaGold Corp. "For a company of our size, this transaction is a big milestone," American Pacific's CEO Warwick Smith said in the release. According to the agreement, OceanaGold can earn up to 51% of the Tuscarora high-grade epithermal project by investing $4 million into it over the next four years. At that point, a joint venture management committee will be created. Also, OceanaGold may earn an additional 24% into Tuscarora by investing $6 million more over the following four years; the company has 60 days in which to exercise that option. In addition, OceanaGold will pay American Pacific $50,000 upfront and $200,000 upon earning a 51% percent in Tuscarora, in both instances in cash or shares, whichever the payor prefers. OceanaGold will make all payments to holders of underlying property interests and for claim fees. Whereas OceanaGold will be the operator of Tuscarora, both companies will work toward adding value to the project and identifying further drill targets on the expansive land package. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees ...read more
  • Masochism and the Average Gold Investor

    Masochism and the Average Gold Investor

    Source: Michael J. Ballanger for Streetwise Reports 04/22/2019 Sector expert Michael Ballanger discusses generational attitudes toward investing and how they are affecting the precious metals markets. Masochism: "gratified by pain, degradation, deprivation, etc., inflicted on oneself either by one's own actions or the actions of others." On Friday afternoon, I completed my weekly missive, which was composed of a detailed analysis of just how magnificently Barrick Gold Corp. (GOLD:US) had been used by the interventionalists to manipulate the ARCA NYSE Gold Bugs Index (HUI:US), all of the big ETFs (GDX, GDXJ, NUGT, JNUG) and ultimately, the prices for gold and silver. Then suddenly, with little warning, I had an epiphany. Not only was the nine hours of work a complete and total waste of time, it suddenly occurred to me that a forty-year career spent nurturing a belief system anchored in the bygone days of Bretton Woods might just have been an exercise in redundancy and cognitive dissonance. As if driven to reveal a hidden secret for all the world to see, I have carried an unalterable obsession with the notion that sound money principles would, in the end, return to prominence and in fact become seriously entrenched in the practices of governments around the world with gold and, to a lesser degree, silver acting as key components of a fiscal and monetary renaissance. Alas, as the Baby Boom generation fades away into old age and irrelevancy, it is at once both sad and obvious that the new wave of Gen-Xers and Millennials and Echoboomers have determined that there is little or no validity to the concept of sound money and have therefore rendered gold and silver, as monetary and fiscal canaries in the Modern Monetary Theory coal mine, as irrelevant and from an investment standpoint, useless. I have on average about 200 conversations per week with investors from all over the spectrum in terms of age, wealth, nationality and interests. I normally make notes of the discussions, a fallback to my days as a financial advisor, long before email replaced notes as the proof-bearer of action and intent. What I found astounding is that all discussions pertaining to cannabis, social media, technology, or the future direction of the S&P500 lasted greater than fifteen minutes. Metals and mining conversations, including gold and silver, tended to be less than seven minutes and chats related to junior mining and exploration were less than three minutes with many instances of "subject changed" or "I gotta go." Now, as a fervent addict to the thrill of new mineral discoveries ("There ain't no fever like gold fever!"), I have recently begun to feel like the heroin addict searching through life for that rush of euphoria that arrived long ago with that first hypodermic injection but the reality is that the new generation of investors found their hypodermic adrenalin in the form of technology stocks, then crypto, and finally ...read more
  • Mining Firm Expands Its Reach with Artificial Intelligence

    Mining Firm Expands Its Reach with Artificial Intelligence

    Source: Peter Epstein for Streetwise Reports 04/22/2019 Peter Epstein of Epstein Research digs into the potential of this company's AI technology, which he believes offers significant benefits for the stakeholders as well as investors.Artificial intelligence (AI) is used in many sectors and applications, but not so much in the mining space. That makes no sense because AI is an extremely useful tool in dealing with challenges that have tremendous amounts of data and involve hundreds of variables. However, AI is just a tool, it's not a silver bullet solution. For mining, the area most in need of what AI has to offer is exploration for new discoveries. The costs of exploration are going up. The easy stuff has already been found, the higher-grade ore already mined. Most exploration programs are searching in part, or entirely, for mineralized zones that are "undercover" (under overburden). Overburden is worthless rock or soil overlying a mineral deposit. It's the enemy of exploration geologists because it's very difficult to "see through." Various tools are deployed to understand what's beneath the overburden: geophysics; geochemistry, etc. But each property is unique. What works well in one place might not work at all in another. Exploration (not just for metals) is the perfect setting—high uncertainty, lots of data, lots of variables, the potential for a big reward and substantial cost savings—for AI to be a valuable, cost-effective tool to aid geologists. Albert Mining's (AIIM:TSX.V) technology will never replace geologists, only assist them. Income tax software has been around for >20 years, but it has not replaced tax accountants—not even close. Albert Mining has been using AI, machine learning and data mining for less than a decade. Clients benefit from a multidisciplinary team that includes professionals in geophysics, geology, AI and mathematics. Most of the team has been together for six to 10 years; they have 30+ proven discoveries. Management says it has a 70% success rate in identifying new zones of mineralization. If a gambler could be right just 60% or 65% of the time, he or she would become quite wealthy. Albert Mining's success rate is not higher because sometimes there's no additional mineralization to be found. Or, there's not enough data for the technology to operate at an optimal level, or the geology is simply too difficult to understand. Each time the company's CARDS (Computer-Aided Resources Detection System) finds something, it saves the client considerable exploration time and money, and frees up managerial resources. The benefits are many, for all stakeholders, when there's a successful outcome. Let me throw in this testimonial by Ron Perry, then a director of Metanor Resources, that I paraphrased from a recently shot video [see 2-minute video clip]. This was an Albert Mining success story from 2009-10 that's going into production. How many exploration projects make it to production? Not many! Ron Perry, formerly of Metanor Resources: "I met Michel [Fontaine] of Albert Mining in ...read more
  • Allegiant Completes Fifth Drilling Project in Nevada

    Allegiant Completes Fifth Drilling Project in Nevada

    Source: Streetwise Reports 04/19/2019 Allegiant Gold is assessing six "discovery potential" projects in Nevada.Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced it has completed drilling at its Adularia Hill gold project in Nevada. The Adularia Hill drilling consisted of 21 holes, totaling 3,170 meters. Assays of the drilling are pending, the company added. The Adularia Hill target is the fifth of six gold exploration projects Allegiant owns and plans to drill in Nevada. The company said the six projects have "discovery potential" and highlighted that they are located in a "world-class gold mining jurisdiction." Allegiant wholly owns 11 gold projects in the United States, eight of which are in Nevada. Allegiant discovered the Adularia Hill target during geologic and alteration mapping followed by surface sampling of outcrop and float. "Thirty of the 140 samples contained gold values ranging from 0.1 to a maximum of 1.5 g/t gold. Gold occurs in and along structures and silica ribs with associated stockworks of quartz and adularia veining," the company explained. No previous drilling was performed at the Adularia Hill target, it added. Allegiant, on the other hand, announced that the assays from its previous drilling project carried out at Monitor Hill, Nevada, showed results that "are considered too low-grade." "Drilling at Monitor Hills encountered broad zones of anomalous gold but better grade gold was only present in narrow 1.5 to 3 meter intervals. Overall the drilling results are considered too low-grade, and in the context of prioritizing expenditures on Allegiant's large portfolio of prospective exploration properties, Allegiant will assess its future plans for Monitor Hills," the company stated. Read what other experts are saying about: Allegiant Gold Ltd. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Mario Santana compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Allegiant Gold. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full ...read more
  • EMX Royalty's Approach to Value Creation

    EMX Royalty's Approach to Value Creation

    Source: Maurice Jackson for Streetwise Reports 04/19/2019 David Cole, CEO of EMX Royalty, speaks with Maurice Jackson of Proven and Probable about his company's three-pronged business model and projects that span the globe.Maurice Jackson: Welcome to Proven and Probable. Joining me today is the president and CEO of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), David Cole. We're at the Oxford Club Investment U Conference 2019, in Saint Petersburg, Florida. Mr. Cole, welcome. David Cole: Thank you, Maurice, always a pleasure to be here, and also a pleasure to be back at the Oxford Club in Florida. Maurice Jackson: Full disclosure, we are proud shareholders and EMX Royalty is a sponsor of Proven and Probable. In regards to being a shareholder, we just purchased shares today, at $1.15. And also my sons Brayden and Bryce (twins) when they were 6, and my son Carson at the age of 8, have been shareholders of EMX Royalty when the company was known as Eurasian Minerals. Mr. Cole, you just conducted a presentation sharing the value proposition regarding EMX Royalty. Talk to us about the three-prong approach, because a lot of investors overlook the value proposition, and it really begins with the three-prong approach. David Cole: Our business model consists of a time-tested process using a three-prong approach consisting of Royalty Generation, Royalty Acquisition and Strategic Investments as the basis for value creation for our shareholders. EMX Royalty developed and fine-tuned our business model over the course of the 16 years that we've been a public company. I left Newmont Mining Corporation to found Eurasian Minerals, which evolved into EMX Royalty Corporation. A key aspect of EMX Royalty is our business model, and specifically we're prospect generators. So the first prong of our business approach is the prospect generation business model, which is the acquisition of prospective mineral rights around the world, utilizing our geological expertise to guide us in that process. And then adding value to those mineral rights that we've acquired, by building economic, geologic models. And then seeking to sell those off to majors, as well as well-funded junior companies, where they advance them forward. EMX Royalty gets paid in a variety of ways. One would be work that goes into the ground, another would be cash, and another would be shares in companies and always a production royalty at the end of the day. So we're organically building a royalty portfolio through the execution of the prospect generation business model, focused on that royalty component. And that's the first, and most important prong of our three-pronged approach. That's our bread and butter. In addition, the same economic geologists that we have around the world doing the prospect generation also occasionally come across a royalty to purchase. So it's the augmentation of growing royalties organically through the prospect generation process, in addition to buying royalties, that really gives us leverage at developing a portfolio of royalties around the world. p Finally, ...read more
  • Analyst: Mining Acquisition an 'Astute Deal'

    Analyst: Mining Acquisition an 'Astute Deal'

    Source: Streetwise Reports 04/18/2019 The benefits and terms of the transaction, termed an "astute deal" that both adds value and "removes the M&A overhang," are discussed in an iA Securities report.In an April 16 research note, iA Securities analyst George Topping reported that Lundin Mining Corp. (LUN:TSX) entered into a definitive purchase agreement to wholly acquire Yamana Gold Inc.'s (YRI:TSX; AUY:NYSE; YAU:LSE) Chapada copper-gold operating mine for $800 million in cash. Topping reviewed how the transaction should benefit Lundin. The deal should remove the overhang on Lundin's stock, which has been building for more than two years. Shareholders had expected Lundin to make an acquisition, and caused the company to trade at a discount to its peers. On the news of the deal, Lundin's stock rose 8%. "The market is very happy with a reasonably sized transaction that while not transformational, is accretive, and easy to absorb," commented Topping. The deal is accretive to Lundin on a net present value per share and a cash flow per share basis, adding $0.26 per share and $0.24 per share in 2020, respectively. By adding Chapada to its project portfolio, Lundin will collectively produce an estimated 670 million pounds (670 Mlb) of copper per year between 2020 and 2025, versus its 440 Mlb produced in 2018. As for the asset itself, Topping commented, Chapada "will be better in Lundin's hands." Lundin's stronger financial position will allow for better optimization of the mine, "with possible opportunities for throughput expansion from 28 to 32 million tons per annum currently being studied." Topping summarized the acquisition terms. Lundin is to pay Yamana $800 million, which it will do using its $815 million of cash on hand and some of its $550 million credit facility. Lundin also is to pay Yamana $125 million over five years on acquisition close if the gold price averages between $1,350 and 1,450 per ounce, another $100 million if Lundin develops a pyrite roaster down the line, plus a 2% net smelter revenue royalty on future gold production from the Suruca deposit. IA Securities has a Buy rating and a CA$9 per share target price on Lundin Mining, whose stock is currently trading at around CA$7.75 per share. "With the zinc expansion project at Neves bearing fruit next year and Candelaria set to return to normal ops in the back end of this year, Lundin is positioned for growth," Topping wrote. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for ...read more
  • Frank Holmes: Why Gold Has Been the Second Best Asset Class for the Last 20 Years

    Frank Holmes: Why Gold Has Been the Second Best Asset Class for the Last 20 Years

    Source: Streetwise Reports 04/18/2019 Frank Holmes, CEO and chief investment officer of U.S. Global Investors, speaks to Streetwise Reports about the fundamentals for gold, his company's funds and a handful of companies on his radar screen.Streetwise Reports: Since the beginning of the year, gold has been trading fairly narrowly in the $1,300 range. What are some of the macro factors working behind this and how do you believe they'll affect the price moving forward? Frank Holmes: When we look at macro factors at U.S. Global—and we write about them every month, in particular the Purchasing Managers' Index (PMI)—we try to take this complexity and simplify it by dividing it into big chunks. The first is commodities; 50% of all commodity demand is China, so China is very, very important. When you add the populations of China and India—"Chindia"—you get 40% of the world's population. That's a lot of food. That's a lot of clothes. That's a lot of airplanes they'll be buying for India. Next we look at global trade. Interestingly enough, if you put China and America together, that's 40% of the world's global trade. Then we take a look at gold demand. That's predominantly China and India, but more generally from the Middle East to Southeast Asia. Sixty percent of all gold demand is for the love trade. So we get these chunks, and we try to understand the movement of those chunks. One of the things that contributes to those big numbers is rising gross domestic product (GDP) per capita seems to be one of the strongest correlations for the love trade of gold, in particular for Chindia. Today, China, America and India have the largest GDPs per capita. China's GDP, on a per capita basis, has surpassed America. That means a continuous consumption of gold. Rising GDP is highly correlated to grams of gold. That's an important long-picture demand cycle. Then we have supply. There have been no major gold discoveries. There have been no technological breakthroughs as there have been in oil and gas with fracking. A lot of the mines are low grade now, so it takes more and more dirt to get an ounce of gold out of them. Then you also have political risks around the world where you have rich deposits. So the supply of gold is basically slowing down. We believe that gold has peaked. Some analysts say gold production is always growing because they're looking at the gold mines that are reporting rising production. But a great data point, and it never changes, is that if a company says it's going to grow at 8%, it's in reality negative 5% because Murphy's Law hits these gold mining companies for so many different reasons. It's not just because management may be inept. You can have social unrest in Central America, you can have an earthquake or you can have environmentalists slowing down production. So ...read more
  • GFG Moves Forward on Two Fronts

    GFG Moves Forward on Two Fronts

    Source: Bob Moriarty for Streetwise Reports 04/18/2019 Bob Moriarty of 321 Gold explains why he sees this explorer as undervalued and details the ways it is advancing its properties.In my latest book I try to make the point that at resource stock market lows, you can't give shares away. That is all by itself a great indicator of where we stand in the cycle. We are now easing into the weakest seasonal period of the year for gold and silver and many companies are selling near their yearly lows. Gold and silver seem to have bottomed in late summer of 2018. Platinum tumbled to a new multi-year low in February of 2019. Shares generally are higher, some much higher but I think a correction would shake out the remainder of the bulls so I think we will be weak into mid-summer before gold and silver start to react to the Great Reset in progress. When I go through the stocks I own and follow I am astonished at how cheap they seem. It's not the same as 2001 and 2009 when a hundred companies were selling for less than the cash they have on hand but there appears to me to be a giant disconnect between price and value. Harvest season is approaching and there is a lot of low hanging fruit. It's hard for me to believe prices to be so cheap for so long. It won't last. I've written before about an interesting project in Wyoming named the Rattlesnake project. It's a large alkaline system similar in nature to Cripple Creek (28 million ounces) and Lihir (40 million ounces). Quinton Hennigh brought the project into Evolving Gold where they began to explore and drill the project. Evolving Gold later did a deal with Agnico Eagle that valued the project at about $110 million. During the decline from 2011 until 2015 when gold dropped, Agnico Eagle requested an extension of time and was refused by Evolving. Evolving couldn't gain traction with either the project or the market and eventually GFG Resources Inc. (GFG:TSX.V; GFGSF:OTCQB) picked up the project as cheap as chips. There is something I call the curse of large projects. When you have properties with giant potential such as porphyries or alkaline systems, they require tens of millions of dollars to prove up that resource. It's hard for juniors, and many a poor boy has met his end trying to advance a billion ton project and blown the company sky high trying to raise the money. GFG management was brilliant. They realized they needed two important parts. One, they needed a Plan B project that matched both the state of the market in general and their ability to raise money to advance it. They found several projects in Ontario in late 2017 and put them together to have an alternative news flow to
  • 'Rock Star' Ian Stalker Applies His Expertise to Nexus' Projects

    'Rock Star' Ian Stalker Applies His Expertise to Nexus' Projects

    Source: Streetwise Reports 04/16/2019 The noted engineer, who has a track record of building companies and increasing their value, is now focusing on Nexus Gold.J. Ian Stalker, who has had a long—more than 45 years—and storied history in mining exploration, development and operations, including working in West Africa for more than a decade, has become the non-executive chairman of Nexus Gold Corp. (NXS:TXS.V; NXXGF:OTCQB), a gold exploration company with projects in Burkina Faso and Canada. During his career, he has taken more than 10 mining projects through feasibility, development and construction phases, and has raised more than $500 million in capital investment. His high-level positions in gold mining include stints as managing director of Ashanti Goldfields Co. Ltd., which later became AngloGold Ashanti; vice president of Gold Fields Ltd.; and CEO of Brazilian Gold Corp. Companies under Stalker's management have seen significant market cap growth. He was the CEO of UraMin, a uranium company that was acquired by Areva for $2.5 billion in 2007. As president and CEO of LSC Lithium, he guided that company to a recent $111 buy-out, a 30% increase in market price. Alex Klenman, president and CEO of Nexus, told Streetwise Reports, "Ian has been on the Nexus board for almost one year, and is now stepping into a greater role as non-executive chairman. He has M&A success behind him, discovery success and development success." Ian Stalker told Streetwise Reports, "I was part of the team at Ashanti Goldfields when we went from producing 120,000 ounces a gold a year to over 1 million ounces a year by the end of 1998. We began to look at projects outside Ghana, where Ashanti was based, and we looked at Burkina Faso, Mali, a range of countries, so I got very familiar with that part of West Africa." "When the opportunity came up with Nexus, with a prolific exploration area under its control in Burkina Faso, I was very happy to take up the position of non-executive chairman with it," Stalker explained. I was also attracted by the quality of the people; I am working with a really top-class group." "When Ian accepted my invitation to join the board," Klenman explained, "Nexus was in the throes of a Howe Street death grip. We had 147 million shares out and the previous management had depleted the treasury. The share price was under $0.05." "The company has turned around. We have a little bit of money in the bank, we're moving forward, we've had some success on the ground," Klenman stated. Ian Stalker's "experience, knowledge and guidance will be of great benefit to the company, and of even greater importance as the next few years are critical in our growth cycle," stated Klenman. "Having Ian on board in a more prominent and active position with Nexus is something our shareholders can be excited about. His track record in helping to grow company evaluations is impressive." Stalker joins Nexus' ...read more
  • Delrey Metals Announces Positive Airborne Geophysics, Discovers New Magnetic Anomalies

    Delrey Metals Announces Positive Airborne Geophysics, Discovers New Magnetic Anomalies

    Source: Peter Epstein for Streetwise Reports 04/16/2019 Peter Epstein of Epstein Research provides an update on a company exploring its Canadian properties for vanadium and other energy metals.Delrey Metals Corp. (DLRY:CSE; DLRYF:OTCPK; 1OZ:FSE) has acquired five promising properties in Canada. Four are prospective for vanadium, for a total of 10,856 hectares, and one is a cobalt-copper-zinc opportunity that Cobalt 27 Capital Corp. acquired a 2% NSR on. Management recently signed a non-binding term sheet to acquire an 80% interest in select mineral licenses in the Four Corners Project and to establish a JV with the seller. On Delrey's website it says the project "conservatively represents a potential target of over 2 billion tonnes." That's based on known dimensions and an estimated specific gravity. To be clear, these figures are historical in nature and not compliant with current NI 43-101 standards. Drilling this year will seek to validate the potential large scale of the deposit. Four Corners consists of a 5,157-hectare property located in western Newfoundland and Labrador that has had significant historical work on it. It is transected by Route 480 and a 33 megawatt power line, and located 40 km along a paved highway, east of the deep-water, ice-free Port Harmon Complex. Year-round access to rail & port are crucial for bulk commodities. This is a potentially transformational transaction for Delrey Metals, a tremendous opportunity. A giant, bulk tonnage project in a great jurisdiction, with world-class supporting infrastructure. (Please read press release for further details.) Here's a recent article I wrote featuring the Four Corners Opportunity. Airborne Geophysics Results are Very Encouraging…. On April 15th, Delrey Metals announced the completion of airborne geophysics across its wholly owned Porcher, Blackie and Star properties near Prince Rupert, BC, Canada. Management believes the results are very encouraging. They outline sizable magnetic anomalies on all three properties. On Porcher there are two magnetic highs, one is 3 km x 2 km, and the other 2.7 km x 1.8 km. There's an 11-km-long magnetic high on the Star property, and a 1.5 km x 800m magnetic high on the Blackie property. A historical 2.14% V205 bedrock sample from the Blackie property is believed to be coincident with the newly mapped geophysical anomaly (McDougall, 1984). (See Press Release.) The surveys were completed by Ridgeline Exploration Services Inc. and were flown in a systematic low-level grid pattern at 150m line spacing. The average terrain clearance was 75m across all surveys and a total of 1,106 line-km was flown. Based on results from the surveys, the company increased the size of the Porcher property from 3,122 to 3,525 hectares and the Star property from 3,647 to 4,618 hectares to capture the new anomalies. Results will be used to help Delrey's technical team plan a Phase II work program of prospecting, mapping and rock sampling. Full Speed Ahead at Peneece, Star, Porcher and Blackie Properties Crews are currently mobilizing to the Peneece property and it is ...read more