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The Resource Sector is heating up once again.
Money is becoming available for drilling good projects
and the market is reacting very positively to good drill results
In light of these positive market changes here are some resource companies worth following.
The Ann Mason project is the 4th largest undeveloped copper porphyry resource in Canada/USA
New discovery drill hole yielded 1.76% copper, 0.27 g/t gold, 10.29 g/t silver & 35.8% iron over 26.57 meters
Developing large open pit, heap leach gold-silver project in Mexico. NI 43-101 Indicated Resources of 521,000 ounces of gold and 2,170,000 ounces of silver.
Skeena Resources – Snip Mine (TSX.V: SKE)
The Snip mine produced approximately one million ounces of gold from 1991 until 1999 at an average gold grade of 27.5 g/t.
In light of the new infrastructure in the area lower grades are now possibly economical. Skeena’s Ron Netolitzky who was an original founder of Snip is going back for another look.
Located near Yellowknife which in the highest grade gold district in Canada, the Yellowknife City Gold project lies on a extension of Geology containing 2 huge mines; Con Mine – produced 6.1M oz Au, Giant Mine – produced 8.1M oz Au.
Well financed for their ongoing drill program
Columbus Gold Corp.
Significant Montagne d’Or Gold Project in French Guiana. NI-43-101 P&P Reserves of 2.75 million ounces gold. Bankable Feasibility Study
A resource expansion 50,000 meters planned four drill rig drill program underway. Using a 4 g/t Au cut-off grade, the project currently contains an inferred resource of 905,000 tonnes, grading 9.37 g/t Au for 273,000 ounces of gold.
The McIlvenna Bay is a high grade volcanogenic massive sulphide (VMS) deposit with a robust PEA