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Trevor is in London this week for the annual LME conference. U.S. Gold Mining Intersects more than 650 meters at 1 g/t Gold Equivalent From Near-Surface at its Whistler Gold-Copper Project in Alaska. AbraSilver Resource announced Additional Drill Results from the Company’s ongoing, fully-funded 20,000 metre Phase IV drill program, on its wholly-owned Diablillos project in Argentina. Dolly Varden Silver has closed the second and final tranche of its previously announced bought deal financing for additional gross proceeds of $4.5million US from the issuance of 3.6M flow-through Shares.Osisko Gold Royalties has entered into a binding agreement to acquire a 1.8% gross revenue royalty on the Dalgaranga Gold project operated by Spartan Resources in Western Australia.
Capital seems to be rolling into exploration once again. News out this morning that Roscan Gold has a fully subscribed $2-Million non-brokered bought deal. North Peak Resources announced a non-brokered private placement of $2-Million. And Radisson announced a $3-million non-brokered private placement as well.
While attending the Nordic Funds and Mine conference in Stockholm this week, Trevor had the opportunity to sit down with Nisse Sandberg, Portfolio Manager of The Jordan Fund.
Nisse shares some insights into his career which has expanded more than 6 decades in fund management and resource development. The Jordan Fund has become one of the most sought-after sources of capital in the global commodity market. Nisse talks about its foundation, how they manage its investments, and how the entire institution is supported by the game of Ping Pong.
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Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit www.arizonasonoran.com.
Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit fireweedmetals.com.
Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/
Fireweed Metals reports the early results of the 2024 drill campaign at the Macpass Project in Eastern Yukon. Standard Uranium announced that it has signed a property acquisition agreement with Mustang Energy Corp on the Brown Lake Project in the eastern Athabasca Basin region of northern Saskatchewan. CanAlaska Uranium Intersects Ultra High-Grade Unconformity Uranium Mineralization at Pike Zone on the West McArthur Joint Venture project in the eastern Athabasca Basin. NGEx Minerals announced it expects to start its largest drill program to date at the Lunahuasi high-grade copper-gold-silver project in San Juan, Argentina. American Pacific Mining reported some intriguing new samples from its Madison Copper-Gold Project in Montana.
Erdene Resource Development reports Strong Drill Results for the Bayan Khundii Gold Project in Mongolia. Seabridge Gold announced today that British Columbian government renewed the License of Occupation for the Mitchell Treaty Tunnels at Seabridge's KSM Project until September 27, 2044. Renegade Gold reports results from the second phase of drilling at its Newman Todd Deposit in the Red Lake Mining District of Northern Ontario. Radius Gold announced that it has signed an option agreement to acquire the Tierra Roja project, an exploration-stage copper target located in Peru’s southern coastal porphyry belt. Koryx Copper announced that it has received commitments for CAD$10,000,000 from a non-brokered private placement for the sale of up to 9.09 million common shares of the Company at a price of $1.10 per share.
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