Junior Mining News

Explorer Expands Giant/Con Gold System and Purchases Adjacent Properties

The Gold Report /

Source: Streetwise Reports 09/20/2018 Miner reports assays as high as 171 g/t gold from grab sampling and also acquires prospective land from Altamira Gold. TerraX Minerals Inc. (TXR:TSX.V) has released further assay results from the company’s summer field program on the Yellowknife City gold project, reporting that new targets in mafic volcanic geology returned assays […]

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Top Pick Oil & Gas Company Eyes Near-Term Divesting of Assets

The Energy Report /

Source: Streetwise Reports 09/20/2018 A Raymond James report explored what this firm’s monetization strategy might look like, and what it might generate in terms of revenue. In a Sept. 13 research note, Raymond James analyst John Freeman reported the key takeaway from a “few days on the road” with the management team of WPX Energy

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Velocity Completes PEA, Earns Large Stake in Bulgaria Project

Investing News Network /

By Nicole Rashotte Velocity Minerals (TSXV:VLC) has completed a positive preliminary economic assessment (PEA) for the Rozino open pit gold project, earning a 70-percent stake in the Bulgaria project, the company announced on Monday (September 17). The PEA was based on an open pit mining operation at Rozino, which recovers gold by a combination of

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Is gold strength imminent as commercial buyers get long?

Mining.com /

By Sprott Asset Management It finally happened! The CFTC (Commodity Futures Trading Commission) reported (9/4/18) that for the first time in 17 years commercial participants in gold futures flipped their COMEX positioning to net long. As shown in Figure 1, this does not mean commercial activity boasts infallible predictive value. Throughout gold’s two-year advance to

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Gold stocks remain in downtrend but uranium stocks on the cusp of new bull market

Mining.com /

By The Daily Gold – Jordan Roy-Byrne Gold stocks failed to breakout in the spring and then broke down to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull market.

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