Maverix Metals Inc. is a gold royalty and streaming company based out of Vancouver, BC that provides investors with opportunities through a portfolio of more than 120 royalties and streams across 18 countries. 13 of the company's royalties are currently generating cash flow.

Maverix Metals generated a revenue of $50 million at a 90% margin in the previous year. Three-fourths of the company's revenue comes from projects located in North America and Australia.

The company released the second edition of their annual asset handbook which is available on their website https://maverixmetals.com. This handbook is a 47-page user guide to Maverix  Metals, outline its history, the creation of streams and royalties and outlines all the assets they have in their portfolio.

Maverix Metals made 3 big announcements in relation to their assets. 

Camino Rojo project in Mexico that is coming into production in Q4 2021. It offers a 2% royalty and is being developed by Orla Mining. This project will add 67% growth to the company's revenue.

A recent announcement by Karora Resources Inc. was made as it looks to double its mining throughput at the Beta Hunt Mine based in Western Australia. This project offers 4.75% royalty for Maverix Metals and a 10% revenue growth over the course of several years.

The Koné Project, acquired from Kinross in 2019 is being managed by the Montage Gold Corp. and is going through resource definition and expansion.
The company released a recent PEA that shows over 200,000oz production annually for the course of 15 years. Maverix Metals has a 2% royalty, equivalent to 4,000 gold equivalent ounces, and a 15% growth towards the revenue base. An updated resource is scheduled for Q3 2021 and a full permit is expected to be acquired by mid-2022.

Maverix Metals looks for a balance between risk and return when choosing a new resource. The company has a talented in-house technical team. Risk is the first stage of evaluation along with the assessment of the revenue generation capability of a project and sustainability over its lifecycle.

Maverix Metals also increased its dividends by 25% in May, standing at 1.25, expanding the dividends along with the company's growth. The company has a balanced portfolio with properties generating immediate cash flow and long-term growth assets.

Maverix Metals made an announcement in June where it acquired 6 royalties from Pan American Silver Corp. for $7M cash and $2.4M in MMX shares. This is the second acquisition from Pan American Silver and is majorly focused on exploration.

The Fenn-Gib Project, Ontario is a multi-million-ounce resource where a 50,000m drill program is currently ongoing. It offers a 2.5% royalty.

The Recuperada Project is an operation spread across an area of 50,000 hectares in Peru. This historic mine is being operated by Silver X Mining and offers a 3% royalty.

The Jubi asset in Ontario is another multi-million dollar project located featuring a strong infrastructure that offers a  1% royalty.

The Hernandez property in Mexico is a great land package under development which offers a 2.4% royalty.

Maverix Metals looks at jurisdiction risk based on the allocation of resources, the rule of the law in the region, a trustworthy operator, and overall support from the local communities, and the government.

Investigator Resources is an Australia-based mineral exploration company. The Company is focused on the opportunities for Greenfields silver-lead, copper-gold and nickel discoveries offered by the minerals frontier of the southern Gawler Craton on South Australia's northern Eyre and Yorke Peninsulas. It holds a portfolio of exploration tenements in South Australia and is focused on advancing the shallow Paris silver deposit to an indicated mineral resource. Its projects include Paris-Nankivel area for further epithermal silver and associated skarn and conceptual porphyry copper-gold targets in the mineral system; Diomedes with Archaean ultramafic and nickel intersected in the underlying basement geology near Paris; Thurlga JV containing silver, gold and copper targets on the tenement adjacent to Paris; Uno/Morgans epithermal silver copper and nickel in the basement of probable Archaean age approximately 100 kilometers east of Paris, and Maslins Project.

First Mining is a Canadian gold developer focused on the development and permitting of the Springpole Gold Project in northwestern Ontario. Springpole is one of the largest undeveloped gold projects in Canada. A Pre-Feasibility Study was recently completed on the Project and permitting is on-going with the submission of the Environmental Impact Statement targeted for 2021. The Company also holds a large equity position in Treasury Metals Inc. who are advancing the Goliath-Goldlund gold projects towards construction. 

With exposure to high-grade gold and copper, Kingfisher is well positioned for growth during this next upcycle in commodities.

With the global transition to renewable energy sources, the importance of “Green Minerals” such as copper is ever increasing. Copper is used extensively in renewable energy systems to generate power from solar, hydro, thermal and wind energy.

As a global store of value, gold can provide insurance during times of geopolitical and economic uncertainty.

Neometals is an ASX-listed innovative project developer based out of Australia. The company is listed on the Australian Stock Exchange (ASX: NMT) and is developing projects in the minerals and materials required for a sustainable future.

The company currently has 4 core projects. These include a Lithium battery recycling project, a demonstration plant in Germany, a high-grade Vanadium slag project in Scandinavia where high-purity Vanadium is recovered from slags, and a residual upstream mining asset-based in Australia. These projects encompass recycling materials recovery through to production of the upstream mineral concentrates. 

Neometals has been busy lately and has published a lot of press releases since the middle of May. The company recently completed a deal with a Canadian company called Stelco with an MOU towards a JV on recycling batteries. They have also recently announced that they have started the commissioning process of their showcase demonstration facility in Germany.

Further to the Palladium results at the Nickel exploration ground, Neometals has announced their intention to spin out the project to a dedicated ASX listed company. Neometals has also published resource updates for individual deposits that comprise the Mt. Edwards project. Neometals has also sold the off-take rights from the Mt. Marion Lithium Hydroxide project for A$30M. 

The company has tightened up the business and the story has become simpler with projects orientated towards materials recovery and ESG and sustainability. 

2022 will be a busy year for Neometals as they are looking at FIDs for their first battery recycling plant in the first half of next year. The Barrambie project will also come on stream in the first half of next year and the Vanadium recovery project by the end of 2022. 

Granada Gold Mine Inc. is a Canadian junior mining and exploration company with Gold and Silver properties in Quebec and Ontario. The Company's current focus is directed towards the development and continued exploration of the Granada Property situated in the heart of the famous Abitibi Greenstone Belt and along the prolific "Cadillac Trend". This potential high-tonnage, near-surface deposit is located 15 minutes from Rouyn-Noranda Quebec. The Rouyn-Noranda airport offers easy access into the area and on to paved roads to the mine site. The area offers excellent infrastructure and good supply of skilled labour throughout the region.

Pasofino Gold Ltd. is a Canadian-based mineral exploration company listed on the TSX-V (VEIN), OTCQB (EFRGF), and FSE (N07). Through its wholly-owned subsidiary, ARX Resources Limited, Pasofino has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia’s 10% carried interest) in the Dugbe Gold Project.

Pasofino Gold is looking to develop the Dugbe Gold Project in 2022-23 and has recently published a PEA which is an important step for the company to provide financial information to the market. The PEA shows that the project has a mine life of about 12 years generating between 180-210,000oz Gold/year at a mining rate of 5M tonnes/year through a processing plant.

The Dugbe Gold Project is located in southern Liberia and situated within one of the last remaining under-explored parts of the Birimian area of West Africa. The Project area is located 70 km by road from the Greenville deep-water port.

Pasofino Gold has huge upside with good return from investments. The open pit grade at the Dugbe project is fantastic with a good strip ratio. The mine is close to the port in a mining-friendly jurisdiction and they have an experienced operating team with experience in leading mineral exploration, mine builds and developments including delivery and development of mineral resources, mine construction & operations.

Pasofino Gold raised $9M in April/May and don’t have any plans to raise any more money before Q4 of this year. They will continue to work on the DFS which they started in December 2020 and is due for completion in Q2, 2022 and there will be a series of news releases throughout the process. 

EMX leverages strategic equity investments to complement the royalty and prospect generation business model. EMX Royalty’s diverse in-region exploration expertise provides global business connections to identify undervalued investment opportunities. One of EMX’s earliest strategic investments was in Standard Uranium Inc., which resulted in a $4.7 million realized gain after a successful buy-out of URN in 2006 by Energy Metals Corp.

UEX Corporation is one of Canada’s largest Uranium exploration and development companies with probably the only sustainable wide portfolio in the Uranium space over the next couple of cycles.

UEX Corporation has made significant advancements in the discovery and development of existing and new uranium and cobalt deposits in the Athabasca Basin. The company owns 31 projects and is looking to grow the company with new discoveries on top of their production ready assets. 

Following the JCU acquisition and the involvement in the Wheeler River and the Millenium projects there is now a definite shift in the focus of UEX. Instead of focusing exclusively on growth, they will now have the opportunity to participate in future production within the next 1 or 2 cycles.

UEX plans to focus on their top-tier projects in future to grow the company resources which will allow them to find partners on some of their early-stage projects. This will provide more opportunity to get more of their portfolio working with the injection of cash from other companies. 

UEX is now a producing company and when the uranium price improves, the most likely projects to move forward are at the Wheeler River project at the Gryphon and Phoenix deposits. There are also other projects which might not be ready to go this cycle but will be ready to come onstream in the next cycle. 

Now that UEX is ready to go, they will need to raise some money and plan to raise $25-30M to get them to the end of 2022 comfortably.

Karora Resources is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of precious metal properties. It is Karora’s vision to become the next sustainable high quality mid-tier producer.

After the transformational acquisition of the Higginsville Gold Operations, Karora’s primary operations are the Beta Hunt Underground Mine and the Higginsville Gold Operations including the Higginsville Open Pit mines and 1.4Mtpa Higginsville mill.

Last year was their maiden year of Gold production with their own build and they produced 100,000oz of Gold and are meeting their guidance on production and costs. They have recently put out a press release to announce the increase in production going forward.
The Gold and mining sectors are challenging and Karora Resources had some specific objectives with the Board and the shareholders and they have completed what they set out to do.

Karora Resources is a turnaround story which has made huge progress since 2019. They have Beta Hunt and the Higginsville complex and their organic growth is self-funded. They are talking about increasing production to 185-205,000oz which will be fully funded from cash flow and there are opportunities ahead over the next 3 years which will be transformational for the company.