Auryn Resources (TSX:AUG, NYSE:AUG) has been busy this year on its properties in Peru (Sombrero and Curibaya) and raising $15million to fund its exploration plans for the year.
Ivan Bebek, Execuative Chairman of Auryn joins me to recap the recent news from this year. We start with the DIA being obtained for the Sombrero Project and the new high grade targets at Curibaya. Next Ivan outlines the possibility of spinning out the Homestake and Committee Bay Projects into another company.
If you have any follow up questions for Ivan please email me at Fleck@kereport.com.7
Ivan Bebek, Executive Chairman of Auryn Resources joins me today to further explain the importance of the news release today. Linked below, the news outlined the age of the “intrusives directly associated with mineralization at the Sombero project” to those in the Andahuaylas-Yauri belt.
Last week Palamina Corp. (TSX.V:PA & OTC:PLMNF) announced it received the much anticipated DIA for the Coasa Gold Project in Peru. News also released back in mid-December outlined two new hires by the Company – William McGuinty as its Vice President of Exploration and Christina McCarthy as an advisory board member.
Andrew Thompson, President and CEO of Palamina joins me for a recap of 2019 work completed on a wide range of the Company’s properties. He also outlines the importance of both news releases mentioned above. Now with the DIA Andrew shares what steps come next to get drills on the ground and start testing some of the targets. We wrap up the call with the expected news flow in the near term.
Over the past few weeks I have been receiving a number of emails asking for an update from Auryn Resources. The questions ranged from the status of the DIA on the Sombrero project in Peru, to what the company has planned for the newly acquired Curibaya Project also in Peru, and for the other projects – Homestake and Committee Bay.
Ivan Bebek, Executive Chairman of Auryn Resources joins me to address all of these questions as well as touch on finances of the Company.
If you have any further questions for Ivan please email me at Fleck@kereport.com.
The full second hour is dedicated to all of you resource investors! I chat gold, silver, copper, battery metals, and oil. Please update me with any companies that cross your radar. My email is Fleck@kereport.com.
I hope everyone in Canada has a happy Thanksgiving and you all enjoy this weekend’s show!
- Segment 1 & 2 – Joe Mazumdar, Editor of Exploration Insights joins me for a discussion on the environment in Peru for exploration companies and what he thinks is the best investment strategy. We also dive into the copper market.
- Segment 3 – Brien Leni, Editor at the Junior Stock Review website chats about investor interest in precious metals compared to the base and battery metals.
- Segment 4 – Josef Schachter, Editor of the Schachter Energy Report updates us on the oil . We discuss the recent price moves and the stocks he thinks will be the best investments this winter.
Over the past week I received a number of requests for an update from Auryn Resources. A lot of questions came in regarding the progress of the community access agreements and drill permits for the projects in Peru. Also the potential of an asset sale is still on a lot of investors minds.
Ivan Bebek, Executive Chairman at Auryn joined me to provide a full update on Peru and explain the difference between community access agreements and drill results. We also discuss the upcoming drill results at Committee Bay and the potential of an asset sale or a Company split.
Andrew Thompson, President and CEO of Palamina Corp. (TSX.V:PA & OTC:PLMNF) joins me for a comprehensive update on the Company. We start with the permitting environment in Peru and when we can expect the permits for the Coasa Property. We also get an update on the sale of non-core projects to Helio Resource Corp..
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.
I received a few emails over the past week asking for an update on Miramont Resources (CSE: MONT) on the back of the phase 2 drilling update. The Chairman Quinton Hennigh joined me for a quick update on the recent drilling and importance of hole 13 – which they are still waiting for the assays. We also discuss the updated permits that are needed.
Click here to visit the Miramont website for more information on the Company.And please email me with any followup questions for Quinton – Fleck@kereport.com.