Novo Resources – Answering your questions on Egina and Beatons Creek
On the back some the news out this week from Novo Resources regarding ore sorting testing I chatted with Quinton Hennigh to get a more comprehensive update. There were a number of questions that came in so Quinton and I do our best to address all of them.
We start with the sorting news then move to an Egina and Beatons Creek update and finish with a look ahead to the overall strategy. .
Thoughts on Great bear Resources and Westhaven Ventures
John Kaiser, Founder of Kaiser Research joins me to weigh in on Great Bear Resources and Westhaven Ventures. Great Bear in particular continues to have a lot of eyes on the stock and at the Beaver Creek Conference this was evident buy all the comments I heard. John shares his thoughts on the LP Fault target that continues to be expanded by the recent drilling.
As for Westhaven, the team had some trouble following up on the nice discovery hole from last year but over the past three months the stock has started to tick up again. With a private placement underway we look forward to the next round of drilling.
O3 Mining – A comprehensive overview of this new Osisko Company
While at the Beaver Creek conference I had a number of people tell me to chat with Jose Vizquerra and get an update on O3 Mining (TSX.V:OIII). Jose is the President and CEO of O3 Mining, which is the latest Osisko Company focused on gold exploration in Ontario and Quebec.
Jose and I discuss how the Company was formed (through spinning out two non-core assets from Osisko Mining) and the two acquisitions that have been completed since inception. We also look ahead to the overall strategy for the Company and how the recent $10million (flow-through funds) will be allocated over the next year.
Please email me with any other question you have for Jose or I regarding O3 Mining. I can be reached at Fleck@kereport.com.
Auryn Resources – Recapping The Bridge Loan and Looking Ahead To the Company Drivers In Q4
This morning Auryn Resources (TSX:AUG, NYSE:AUG) released news regarding a bridge loan for $6million to help fund the Company through next year. Auryn’s Executive Chairman Ivan Bebek joins me to provide some more information on where the funds from the bridge loan will be used and where the Company stands in terms of an asset sale. We also look ahead to Q4 and the catalysts which include permitting in Peru, drill results from Committee Bay and Homestake, and some other factors.
Please email me with any questions or comments you have for Ivan and his team. I can be reached at Fleck@kereport.com.
Great Bear Resources – More information on the new Auro discovery
On Tuesday Great Bear Resources (TSX.V:GBR & OTC:GTBDF) released another round of drill results which resulted in another new gold discovery at the Dixie Project. Chris Taylor, Great Bear’s President and CEO joined me to outline some of the highlights and answer my questions. We discuss the potential scale of the resource, the work that is ongoing, and what investors can look forward to.
Novo Resources – More information on the recent Egina bulk sample
Novo Resources (TSX-V: NVO & OTCQX: NSRPF) released results from a bulk sample at the Egina Property last Thursday. The headline numbers include “Metal detecting and gravity processing of 281.9 cubic meters of surface lag gravels yielded a total of 292.38 grams of coarse gold nuggets. Of particular note, sample EGBS016 yielded 118.59 grams of gold nuggets from 80.3 cubic meters of gravel, and sample EGBS017 yielded 123.47 grams of gold nuggets from 66.8 cubic meters of gravel”.
Quinton Hennigh, President and Chairman joins me to answer some of your questions that came in on the back of the news releases as well as provide more information about what is coming next. We discuss the options for mining that the Company has as well as the overall strategy moving Egina forward.
Please email me with any questions you have for Quinton or I at Fleck@kereport.com.
Anaconda Mining – Diving Into The Q2 Financials and Recapping A Busy July
Anaconda Mining (TSX:ANX & OTCQX: ANXGF) recently released its Q2 financials on the back of which I received a few emails asking for some clarification on the required maintenance. Dustin Angelo, President of Anaconda Mining joined me to address the planned and unplanned maintenance and look ahead to the production estimates for the rest of the year.
We also recap the news events of last month involving Goldboro. The Company acquired new land close to Goldboro, signed a deal with the Native group in the area, and raised money to help continue exploring.
If you have any follow up questions for Dustin or I please email me at Fleck@kereport.com.
Skeena Resources – Drilling at Eskay and an update on the PEA and metallurgy
Skeena Resources (TSX-V :SKE & OTCQX:SKREF) commenced drilling at the Eskay Creek Project earlier this month so I reached out to the President and CEO Walter Coles for an update on the drill program. We also discuss the timing of the PEA which is anticipated for next month and metallurgy work. When it comes to metallurgy Walter recaps the history of the Eskay Creek Mine when it was in production and the options the past owners dealt with.
If you have any follow up questions for Walter or I please email me at Fleck@kereport.com.
Blackrock Gold – Looking ahead to drilling next month in Nevada
Blackrock Gold Corp. (TSX.V:BRC & OTC:BKRRF) is on the verge of drilling the Silver Cloud Property in Nevada. With drilling planned to commence next month I chatted with Blackrock’s CEO Andrew Pollard to discuss the overall strategy of the program. After the management change this stocks has a new life which means far more investors are going to be taking note of the drill results.
If you have any follow up questions for Andrew please email me at Fleck@kereport.com.
Novo Resources – A Closer Look At The First Egina Trench Results
Novo Resources (TSX.V:NVO & OTCQX:NSRPF) released news today on the first trench results from the Egina Property. Quinton Hennigh, Novo’s President and Chairman joined me to provide some more information on the news and answer a couple questions. We discuss how this project is moving forward toward test mining and how the relationship with Sumatomo Corporation will further these plans. We also discuss a general time frame for the next steps at Egina and look at the options available to process the nuggets and finer grain gold when test mining.
Please keep the questions coming by emailing me at Fleck@kereport.com.