Lakewood’s Silver Hammer
Multiple Catalysts in Place for Lakewood’s Silver Hammer It’s an exciting time for silver investors. The precious metal itself is…
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Epstein Research on Element 29 Resources
Adjusted for inflation, the all-time high Cu price breached $6/lb. in the mid 1970’s. In 2011 it was > $5/lb. The 2020s will likely see a new record high price. That’s great news for up-and-coming Cu juniors with (prospective) mines opening this decade — not so good for old, high-cost, low-grade mines nearing end of life.
Walker River Resources: Initial Coverage by Epstein Research
Therefore, the potential of finding new zones of high-grade mineralization is believed to be very good. And, areas of past production likely have excellent grade material by today’s standards. Needless to say, access to the claims has greatly improved since mules hauled miners & equipment up the mountain.
Walker River Resources’ Other Worldly Gold Grades
In the most recent drilling results from the Lapon Gold Project, WRR reported outstanding grades. This includes drill holes that retrieved gold in the amounts of 96.03 grams per ton over 13.7 metres and 94.81 grams per ton (uncut) over 6.1 metres, with the first also producing a respective 547.05, 199.06, and 115.8 grams per ton over 1.5 metre sections. The latter drill hole also retrieved 305.25 grams per ton over a 1.5 metre section, while a third drill hole at only three metres returned 346.4 grams per ton over a 1.5 metre length.
Q&A With Trillium Gold Mines CEO Russell Starr
Trillium’s goal is to get a minimum of 1mm, if not 2mm, ounces out of Newman Todd. How will we get there? By drilling and redefining the work done by predecessors and by having a much better understanding of the structural and mineralized controls on our projects, therefore targeting holes more efficiently and using capital more wisely.
Trillium Gold Continues Excellent Execution
TGM is fully capitalized and incentivized to move quickly, with its major shareholders in alignment with company initiatives, which the company has been executing flawlessly. We fully expect this to continue and note that even with the new investors, on a fully diluted basis, the company trades with only about 40 million shares, which will add booster power to the share price in the face of any new demand.
Gold: Reading Between the Lines
The two most powerful factors that will drive share price increases for small cap and microcap mining companies are a decline in gold reserves and lack of new gold discoveries. This is a result in part to the recent bear market in gold, which led to a decrease in exploration budgets. While these two factors represent a potential millstone to major producers they provide opportunity to the juniors.
Drilling Deep: Trillium Gold Mines
Not only will the addition of this new talent add exceptional levels of mining expertise to help drive successful exploration, but also strongly suggests that Newman Todd and Trillium are worth putting their reputations on the line. After all, such seasoned mining experts would not likely be attracted to or accept key roles in a fool’s gold exploration project.
Gilded Explorers: Trillium Gold Mines
Naturally, if the price of gold is on the rise, whatever the company finds is going to be that much more valuable. So, when a microcap or small cap mining and exploration company hits a new productive strike or ups proven reserve numbers, it’s like adding gold to the stock price—gold that in and of itself is rising in price during fraught times, further boosting the share price.