Corvus Gold Announces New Oxide Gold Discovery

Flash Update Corvus Gold (KOR: TSX | CORVF: OTCQX) this morning announced another new oxide Gold discovery 2.5km north of the Mother Lode deposit, with broad intercept of 197m @ .44 g/t. The intercept also included intervals of 44m @ .90 g/t and 20m @ .74 g/t. This development has now opened up another target … Continue reading Corvus Gold Announces New Oxide Gold Discovery

Wesdome Gold Q2 Production Update

Wesdome (WDO:TSX | WDOFF:OTC) just released production numbers for 2Q which totaled 25,142 vs 25,122 in Q1. The production result for the quarter was better than expected as the company previously guided slightly lower Q2 output due to the impact of Covid-19 and the potential for processing lower grade and stockpiles. Eagle head grade came … Continue reading Wesdome Gold Q2 Production Update

Kirkland Lake Q2 Gold Production Update

Kirkland Lake Gold (NYSE: KL | TSX: KL.TO) out with Q2 production. After re-releasing guidance last week after suspending it due to Covid-19, the numbers came as no surprise. Production totaled 329,770. Fosterville had another reliable showing, with grades coming in at 40gpt. Detour grade was a tad lower because KL was running stockpile due … Continue reading Kirkland Lake Q2 Gold Production Update

Integra Resources – A Summer and Fall To Watch

Integra Resources ($ITR.V | $IRRZF) with its DeLamar Gold project in Idaho is gearing up for what could potentially be an interesting summer and fall. On its recent investor deck, Integra states “DeLamar has what it takes to be a mine. The PEA has demonstrated an economically robust, low cost operation.” This is certainly valid … Continue reading Integra Resources – A Summer and Fall To Watch

GDXJ MVIS Q2 Rebalance Update

MVIS completed their review and revealed the updates. The changes will take effective at MOC next Friday June 19. Deleted: China Gold International Additions: West African Resources Alkane Resources Rest of the movement was just reallocations. Looking ahead to the next rebalance in September, the M&A between SSR Mining and Alacer should open up some … Continue reading GDXJ MVIS Q2 Rebalance Update

Minera Alamos Update on Santana – 🎵 Oh So Smooth 🎵

Minera out with solid news this morning. Another extension at Santana Nico deposit. Hole 141 was 100m SW extension of the last big hole (134) that moved the stock considerably. Hole 141 came in at an impressive 202m of .51 g/t gold hole starting at surface and ending in mineralization (just like hole 134 did … Continue reading Minera Alamos Update on Santana – 🎵 Oh So Smooth 🎵

Swiss National Bank Investments in Gold and Silver Mining Stocks

The Swiss National bank recently published their schedule of public investments for the most recent quarter ending in March: https://www.sec.gov/Archives/edgar/data/1582202/000158220220000002/xslForm13F_X01/InfoTable_Q12020.xml. After examining their portfolio mix, just about 4% of the portfolio is invested in the Materials segment, which encompasses 175 positions totaling USD $4.5B. Of this, 24 positions are in gold mining stocks totaling USD … Continue reading Swiss National Bank Investments in Gold and Silver Mining Stocks

Endeavour Mining – When Fundamentals and Technicals Align Take 2

Being early is the same as being wrong in my book because everyone’s timelines, objectives and opportunity costs are different. This one is no exception. Was wrong on this one. Back in September I profiled Endeavor Mining https://economicalpha.blog/2019/09/21/endeavour-mining-when-fundamentals-and-technicals-align/ and wrote back then that the fundamentals and technicals were aligning perfectly for a potential re-rate of … Continue reading Endeavour Mining – When Fundamentals and Technicals Align Take 2