Ceylon Graphite is a public company listed on the TSX Venture Exchange (CYL:TSX-V) involved in the exploration and production of graphite in historic resource jurisdictions in Sri Lanka. It holds a land package constituting 121 km² grids containing historic vein graphite deposits. These unique and comparatively higher margin vein (lump) deposits currently make up less than 1% of the world graphite production. These exploration grids represent the majority of known historic graphite resources in Sri Lanka. The relevant areas in which these grids reside have previously had historical production dating back to the 1920s and 1930s.

Geopacific Resources Limited has been listed on the Australian Stock Exchange (ASX) since 2006. The Company’s initial activities were on its tenement holdings in Fiji where its exploration activities have identified several highly prospective project areas. When Geopacific merged with World Wide Mining in 2013 the Company became a regional explorer with an Asia-Pacific focus – adding the Kou Sa Project in Cambodia to its existing Fijian Projects.

Elemental Royalties is an emerging, rapidly-growing gold royalty company with world-class, producing assets on four continents.

They started in 2017 and made money out of the gate - doubling revenue each year - yet they're currently undervalued with a low market cap relative to their peer companies.

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. 

UEX has recently acquired JCU which is a Uranium company with assets in the Athabasca basin. There was an announcement made on June 18th that the shareholders of Overseas Uranium Resources Development Co., Ltd. approved the UEX Acquisition of JCU Exploration Company, Limited. UEX will acquire 100% of the shares of JCU from OURD by paying C$41million and the transaction is expected to close on or prior to August 3, 2021.

UEX has committed to retaining JCU as a corporate subsidiary in order for JCU to meet its existing joint venture commitments. UEX has signed a binding agreement with Denison Mines Corp. to which UEX has agreed to sell 50% of the JCU shares to Denison for a purchase price of C$20.5 million following the close of the JCU Transaction.

This is a good deal for both UEX and Denison with an equal partnership for both companies. UEX plans to raise some money shortly through private placement which will be in the region of $25-30M and will include a retail component which is yet to be confirmed.

Wolfden Resources (WLF:TSXV) is a Canadian exploration and development company with a track record of polymetallic deposits discoveries and mine development experience. The Company owns a 100% interest in the Pickett Mountain Project in Maine, USA, one of the highest grade undeveloped VMS deposits in North America. The deposit is situated 85 km west of the Canadian (New Brunswick) border proximal to excellent infrastructure that includes a state highway, power line and railway siding. A Preliminary Economic Study was completed in October 2020 the indicates a robust underground mining operation with an NPV8% of US$200 million, a payback of 2.4 years and a breakeven AISC of US$0.38 /lb zinc equivalent.

Western Copper and Gold Corporation (TSX:WRN,NYSE:WRN) is focused on developing the Casino project, Canada’s premier copper–gold project. In July 2020 Western Copper and Gold updated the resource estimate at the Casino deposit based on its 2019 drilling results. The updated estimate includes 14.5 million ounces of gold in the measured and indicated category and 6.6 million ounces of gold in the inferred category in addition to 7.6 billion pounds of copper in the measured and indicated category and 3.3 billion pounds of copper in the inferred category. 

Mako Mining Corp. is a publicly listed gold mining, development and exploration firm. The Company is developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. 

Mako Mining is now in commercial production at a 500t/day mine which is the highest grade open pit mine globally. They have been processing 0.5oz material since 12th May when they started putting this high grade material through the plant. 

The company is now in cash flow and the objective is to use that cash to explore for further near mine deposits.  They will be starting a resource delineation programme and by the first half of next year they plan to develop a resource at their most advanced satellite project in Los Conchitos. They plan to be mining at Los Conchitos and San Albino, the current mine, at 1000t/day by the end of 2022. 

Mako Mining thinks they are drilling on an orogenic gold mining district and this summer they will be putting holes outside the main Los Conchitos and San Albino area. They have already had a plethora of good results across the 180km2 land package which show similar veins with very similar multi-ounce grades as far away from the mine as 21km.

Mako has done a lot of prospecting work on the remaining 188km2 land package and they have picked up another concession in February 2020 called La Segoviana and found 40g material in situ. There is potential to find a series of these deposits and Mako has well in excess of 200 targets which have been prospected with grades over 10g. Mako is planning a geo-chemical survey and a drill programme to continue their exploration which will be self funded by mine cash flow.

Sovereign Metals is a new force in rutile. Sovereign Metals has discovered what is likely to be one of the world’s largest rutile deposits in Malawi in SE Africa. Sovereign believes it has identified a globally significant, strategic rutile province across its large ground holding in Malawi.

Rutile is a titanium mineral and is the purest natural form of titanium. It’s main uses are in pigment and in the welding industry.

Sovereign Metals had originally been looking for graphite projects when they came across rutile in the area in 2018 and found this large rutile discovery in 2020. The Malawi Rutile Province offers two confirmed, discrete rutile mineralisation styles hosted respectively in sand and saprolite (soft, friable weathered material) which are both amenable to conventional processing.

Since 2020 the company has spent the last 18 months drilling out the deposit which so far covers 114km2 and is likely to grow significantly to possibly become the biggest rutile deposit in the world. Known rutile mineralisation to date is unconstrained across the Company’s large ground position, offering extensive exploration upside.

Sovereign is targeting the definition of a substantial resource that can support a long-life, large scale rutile operation.

The company has AUD$8M in the bank which will get them to a completed PFS. They will then start looking for off-take agreements and move onto a DFS then to funding and construction and production at the project.

A scoping study is underway and Sovereign plans to announce this progress going forward with its release to the market in November this year. 

The company is targeting 4-5Bn of the total 15Bn rutile market which is the high grade feedstock component of the market. Competitors in this market include Iluca Resources, Tronox, Minerals Sands resources, Rio and Kenmare.

In the next 6-12 months, Sovereign Metals will complete a resource update and a scoping study targeted towards the end of year with the PFS completed during the first half of next year. 

Arafura Resources is a rare earths producer. The Company's principal activities consist of Nolans Project Environmental Impact Statement; mining and associated infrastructure, social and environmental feasibility evaluations, and mineral exploration, definition and development. Its segments include Project evaluation and development segment; Exploration segment, and Corporate segment.

Bonterra is a Canadian gold exploration company with a large balanced portfolio of exploration and mining assets including the Gladiator, Barry and Moroy deposits, Urban-Barry Mill and multiple highly prospective exploration prospects. Bonterra controls the only permitted gold mill in the region with a large land position of over 38,000 hectares in the Urban Barry Camp. Bonterra is located in the mining-friendly province of Quebec, within the Abitibi Greenstone Belt.