Other Mining Stocks

I’ve posted on BKRRF - BRC.V previously.
Webinar tomorrow Oct 13 if interested:

October 12, 2021, ‑ Vancouver, British Columbia .Blackrock Silver Corp. (the “ Company ”) is pleased to announce additional high-grade silver and gold intercepts from its core and reverse circulation (RC) drilling program on the 100% controlled Tonopah West project, located in the Walker Lane trend of Western Nevada. These new results continue to demonstrate continuity of high-grade mineralization over an 800 metre by 800 metre area that will form the basis of the upcoming maiden resource on the DPB target. In conjunction with drilling done to date, these results validate the Company’s understanding of the structural orientation and confirm continuity of mineralization of the vein swarm at DPB. Tonopah West is primely situated directly adjacent to the town of Tonopah, with Interstate 95 traversing the property, and the DPB target area is entirely on patented ground.

HIGHLIGHTS:

  • 4.1 metres grading 2,027 g/t silver equivalent (AgEq) (9.07 grams per tonne (g/t) gold (Au) and 1120 g/t silver (Ag) including a 0.9 metre zone grading 5,080 g/t AgEq (20.85 g/t Au and 2,994 g/t Ag) from the high-grade Bermuda vein were returned in Core hole TXC21-026 (AgEq silver: gold ratio 100:1);
  • Core hole TXC21-010 cut multiple high grades zones on the Mule, Paymaster and Merten veins, with the Mule vein returning 1,006 g/t AgEq over 0.7 metres (5.61 g/t Au and 445 g/t Ag);
  • intersected multiple zones in the Merten vein including 1.5 metres grading 6.5 g/t Au and 592 g/t Ag or 1,242 g/t AgEq , including 0.7 metres returning 12.1 g/t Au and 1,095 g/t Ag, or 2,305 g/t AgEq ;
  • The Company is working towards delivery of a maiden resource estimate during Q1, 2022.
  • The resource definition program is winding down and nearing completion with one core rig having already been decommissioned.Two core rigs and one RC drill rig remain in operation at site; and
  • Fifteen infill core holes have assays pending from the DPB target area and nine RC drillholes are pending from the step-out program. Two core holes are currently in process and eight remain to be completed to finish the resource drill campaign at DPB


“Since commencing drilling in June of last year, we have completed nearly 100,000 metres of drilling across the entire project and look forward to delivery of a maiden resource estimate in Q1, 2022, that will cover the DPB vein swarm over an 800 by 800 metre area.”

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New Investor presentation as well for Karora. This Company really has their act together.

https://filecache.investorroom.com/mr5ircnw_karora/1770/KRR%20Corporate%20Presentation%2014-Oct-2021.pdf

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Take a look at ARTTF (ARV on ASX), currently under it’s US$ equivalent of AUS$0.097, which is $0.07136. Last trade at US$0.065

Paterson Central Project - **Artemis’ properties surround the Havieron project (3.4Moz of gold and 160,000t of copper) on the north, east & south. **

Artemis is currently starting to drill 2 targets with 3 more to follow this fall. 2 more at a later date

Artemis Resources Additional Assets :

Carlow Castle - gold, copper and cobalt project - 418,000oz Au, 48,000t Cu and 7,000t Co

Radio Hill - 100% owned Processing Plant - 20,646t Ni 35,484t Cu

Munni Munni - 70% owned PGE Project - 1,970,000oz PGE + Au (1,140,000 ounces palladium; 830,000 ounces platinum; 152,000 ounces gold; and 76,000 ounces rhodium)

Again today ARTTF (ARV on ASX) AUS$0.105, currently under it’s US$ equivalent of AUS$0.105, which is US$0.07776. Last trade at US$0.0713, over an 8% discount. Aribtrage anyone ?

Anyone have a pulse on nsrpf? They’re getting beat up a lot.

Continuing the discussion from Other Mining Stocks:

NSRPF is getting crushed because the quarterly production at their Nullagine facility implied that the last couple of months didn’t produce as much gold as it did in July…even though quarter over quarter they increased their output from 14,890 oz to 18,144 oz. The company only started pouring gold in March, so they have been experiencing “growing pains” as they try to optimize production. The deposits surrounding Beatons Creek are nuggety and have been proving a challenge to keep the grades up. The company instituted in-fill drilling at Beaton’s to optimize grade control of the ore they are feeding the mill.

There is supposed to be an exploration update this week, and hopefully that will have some news that will correct the downward trend in the share price.

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I increased my position at $1.30. I think of it more of an issue of the shareholder base having super high expectations for things to happen quickly with reality being quite different. There is nothing wrong with the fundamentals of their deposits; consistent with what has been previously described. I think most of the risk is gone with the cash flow from the gold production but they still need to actually come out ahead before it is all gone. If it falls below $1.30 again, will decide either to do a stop loss or double down.

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what’s going on with my TDA account and GNGXF today?

Anyone following Skeena Resources after it’s 4:1 Reverse Split consolidation in June?
May be worth keeping an eye on.

Skeena to Commence Trading on the NYSE

October 27, 2021

View PDF

NR:21-38

Vancouver, BC (October 27, 2021) Skeena Resources Limited (TSX: SKE , OTCQX: SKREF ) (“Skeena” or the “Company”) is pleased to announce that the Company has received listing authorization from the New York Stock Exchange (“NYSE”) and has filed a Form 40-F (“40-F”) with the U.S. Securities and Exchange Commission (“SEC”). The Company expects to begin trading on the NYSE on November 1, 2021 under ticker symbol “SKE”. The Company’s common shares will continue trading on the TSX under ticker symbol “SKE”.

Concurrent with the start of trading on the NYSE, Skeena’s common shares will cease trading on the OTC Markets. Shareholders are not required to take any action.

About Skeena
Skeena Resources Limited is a Canadian mining exploration and development company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a Prefeasibility Study for Eskay Creek in July 2021 which highlights an open-pit average grade of 4.57 g/t AuEq, an after-tax NPV5% of C$1.4B, 56% IRR, and a 1.4-year payback at US$1,550/oz Au. Skeena is currently completing both infill and exploration drilling to advance Eskay Creek to full Feasibility by Q1 2022.

On behalf of the Board of Directors of Skeena Resources Limited,

Mentioned last year ( I have a long position) :

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ARTEMIS RESOURCES ASX:ARV FRA:ATY US:ARTTF
www.artemisresources.com.au Page 1 of 3
28 October 2021
ASX Announcement

Paterson Central Project Update – Drilling at Atlas

Highlights

  • Diamond drill rig is on the Atlas target at the Company’s 100% owned Paterson
    Central Project that surrounds the world-class Havieron Gold-Copper discovery
    under development by Newcrest and Greatland Gold.

  • Following completion of the first hole at Atlas (target depth ~800m), the Company
    intends to test the Apollo target trend just to the south with multiple holes to similar
    depths. Both Atlas and Apollo sit just to the north of Havieron.

  • A second diamond drill rig has been contracted to accelerate drilling activities
    through November and December.

(https://artemisresources.com.au/)

(Disclosure: I have long positions in Artemis Resources and De Grey Mining.)
Will Havieron be the catalyst for a turnaround to former investor interest and glory days in this Pilbara play?

Anyone look at Black Rock Silver…think of taking a position if it gets a pullback. First Majestic has been buying in

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Maiden resource due Q1 2022.
100,000 M drill program.

image

Lithium ;


Image from Neo Lithium Corp.

**And: Just a good idea for the U.S.A…

  • GM REACHES HISTORIC AGREEMENT TO INVEST MILLIONS IN LITHIUM PROJECT AT THE SALTON SEA

July 2, 2021

In The News

Jesus Reyes

News Channel 3

General Motors (GM) and Controlled Thermal Resources have reached a historic agreement to develop low-cost lithium at the Salton Sea Geothermal Field, the companies announced on Friday .

With this deal, GM becomes the first company to make a multi-million dollar investment in Controlled Thermal Resources Hell’s Kitchen project, which is located near the Salton Sea. The agreement means that a significant portion of GM’s future battery-grade lithium hydroxide and carbonate could come from the Hell’s Kitchen development.

Lithium is a metal crucial to GM’s plans to make more affordable, higher mileage electric vehicles, the company stated in its announcement release .

Hell’s Kitchen Lithium and Power development in the Salton Sea Geothermal Field is located in Imperial County and is the largest known geothermal resource in the world. The area is known as “lithium valley.”

News Channel 3 morning anchor Angela Chen went in-depth on the lithium at the Salton Sea in part four of her special series " Troubled Waters: The Salton Sea Project ."

“One of the single best locations, one of the largest geothermal reservoirs in the world is right at the Salton Sea,” Jonathan Weisgall, Vice President of Government Relations for Berkshire Hathaway Energy.

As the first investor, GM announced it will have first rights on lithium produced by the first stage of the Hell’s Kitchen project and included an option for a multi-year relationship.

“The relationship between GM and CTR is expected to accelerate the adoption of lithium extraction methods that cause less impact to the environment. A significant amount of GM’s future battery-grade lithium hydroxide and carbonate could come from CTR’s Hell’s Kitchen Lithium and Power development in the Salton Sea Geothermal Field, located in Imperial, California. With the help of GM’s investment, CTR’s closed-loop, direct extraction process will recover lithium from geothermal brine,” reads a statement by GM.

Assemblymember Eduardo Garcia (D-Coachella) issued a statement applauding the agreement.

“Our efforts to galvanize a thriving, robust lithium economy in our Salton Sea region are becoming a reality more and more each day. With the ability to meet one-third of the global lithium demand, our Imperial County, Salton Sea area, can take center stage in the future of our domestic lithium supply chain. This strategic agreement between Controlled Thermal Resources and General Motors marks the first major investment in actualizing that vision,” said Garcia, who serves as the Chair of the Assembly Select Committee on California’s Lithium Economy.

On May 26, 2021, Rod Colwell, CEO of CTR, provided testimony at Garcia’s first California’s Lithium Economy Select Committee hearing. Colwell presented slides with an overview of their local project and lithium recovery technology.

“After years of laying the groundwork, we are ready to move forward pedal to the metal on our cleaner air, electric vehicle, and climate goals while utilizing these economic development opportunities to bring vital resources, improve public health, and uplift overall circumstances in our region. More than ever, we must continue to elevate our community engagement efforts to ensure local stakeholders and residents are in the driver’s seat as we set this new course. Our work last year (AB 1657, E. Garcia) to establish the Lithium Valley Commission will help ensure that,” Garcia said.

Last year, Garcia passed AB 1657 creating a Blue Ribbon Commission on Lithium Extraction in California (Lithium Valley Commission) to bring together industry experts and community stakeholders to review, analyze, and report recommendations to advance lithium extraction opportunities.

A final report is due to the California State Legislature by October 1, 2022.

Congressman Raul Ruiz, M.D. issued a statement on the historic agreement:

“General Motors’ investment in renewable energy development at the Salton Sea presents an incredible opportunity for clean energy job creation in our Desert,” Ruiz said. “With the lithium deposit at the Sea, our region can become a global leader in manufacturing for the batteries that will power our clean-energy future. I have long advocated for the renewable energy potential at the Sea, and I look forward to working with GM to develop a supply chain that prioritizes sustainability, public and environmental health, and local job growth.”

Interesting you show a PIC of Neo Lithium. Recent news headlines show:

Oct 12 it is announced that Zijin Mining to Acquire Neo Lithium Corp. in All-Cash Offer Then, on Oct 27 Neo Lithium Announces Definitive Feasibility Study Results on its 3Q Project with a “ *$1.129 billion after-tax NPV with 8% discount rate and a 39.5% IRR at an average price $12,321 /t LCE with a 50-year life of mine and payback of 2 years and 3 months from commencement of production.*”

I had a modest starter position I’d held for some time. Unfortunately I sold ½ my position at 100% profit intending to buy back on retraces. I did buy some back, but not enough to make up for my full position. I’ve resigned myself to make only a 360% profit on my remaining position (Boohoo … Waah!), waiting for news on a possible counteroffer. With a 50 year life of mine I was hoping this would garner more attention rather than be bought out by the Chinese.

There are quite a few other Lithium plays as CS is bringing to everyone’s attention. I recently read where Argentina contains a significant portion of the Lithium Triangle, which comprises more than half of the world’s resources of lithium. Some of the Lithium miners that I have positions in are: OROCOBRE LTD NPV, ALBEMARLE CORP COM, LITHIUM AMERICAS CORP COM and a couple of the more speculative plays. I’m sure others here have positions in some of the Lithium miners. Perhaps this discussion should be moved to the existing “Other (Non-Mining) Stocks” thread as this “Other Mining Stocks” thread has historically been focused mostly on Gold and Silver miners. If there is enough interest we could start a Lithium Miners thread, as the sector is sure to continue to grow in importance and profitability! Anyone else interested in starting a new thread?

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Anyone still keeping an eye on Inventus?

NEWS RELEASE
November 2, 2021 TSX-V Trading Symbol: IVS.V

INVENTUS PROVIDES EXPLORATION UPDATES AND 2022 OUTLOOK, EXPANDS SUDBURY 2.0 PROPERTY

TORONTO, ONTARIO (Nov 2, 2021) - Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to provide an update on its exploration programs at its 100%-owned Pardo and Sudbury 2.0 Projects near Sudbury, Ontario.

Pardo Project

Inventus has signed an agreement with Northern Sun Mining Corp. (“NSMC”) to use the Redstone Mill in Timmins to process the first 6,000 tonnes of a planned 50,000-tonne bulk sampling program. Redstone’s gravity and flotation flowsheet is ideal for processing Pardo’s gold mineralization and is expected to achieve high gold recovery (estimated at +92%) at commercially reasonable costs. Inventus and NSMC are currently marketing the concentrates to secure a sales agreement and awaiting regulatory approvals prior to the commencement of the bulk sample.

The first six mini bulk samples from the 007 Zone in July 2021 were a technical success, with assays ranging from4.0 to 17.1 g/t gold and an average grade of 9.2 g/t gold. This work has prompted a continuation elsewhere on the project with 22 additional mini bulk samples currently being collected.

Sudbury 2.0 Exploration Program
Inventus has secured a diamond drill rig and crew for the upcoming 5,000 m winter drilling program at Cobalt Hill and

Rathbun. A few test holes are planned at Rathbun, followed by drilling at Cobalt Hill beginning in January.

Cobalt Hill

In August 2021, a 3D induced polarization (IP) survey at Cobalt Hill identified a 600-m north-south by 500-m east- west anomaly. The IP anomaly strongly correlates with Inventus’ surface mapping and drill intersections of sulfide breccia. Drill hole CH-21-02, drilled before the 3D IP survey, crossed the northern edge of the anomaly and returned an intersection of 7 m of 4.4 g/t gold, 0.09% cobalt and 0.03% nickel within 44 m of 1.3 g/t gold, 0.04% cobalt and0.02% nickel (see April 8th, 2021 news release). The center and strongest response of the IP anomaly occurs 200 m south of drill hole CH-21-02 and begins at a depth of approximately 150 m. Twelve holes are initially planned to target untested areas of the anomaly.

Climbing the wall of worry?

INVENTUS (IVS.V) Weekly Chart

Another winning company, New Found Gold, announces the use of Chrysos Photo Assay technology to improve assay times:

New Found Provides Update on Its QA/QC Program and Announces Collaboration with MSALABS to Utilize Chrysos PhotonAssayTM Methods for Its Queensway Project

BY Business Wire
— 7:33 PM ET 11/04/2021

VANCOUVER, British Columbia–(BUSINESS WIRE)-- New Found Gold Corp. ( [NFGC]

** (“ New Found ” or the “ Company ”) is pleased to provide an update regarding its QA/QC Program at Queensway and to announce its plans to proceed with Chrysos whole-core PhotonAssayTM methods for the assaying of core samples from its 100%-owned Queensway Project (“ Queensway ”), located on the Trans-Canada Highway 15km west of Gander, Newfoundland.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211104006414/en/

  • As part of New Found’s ongoing technical and QA/QC work, independent consultants, RSC, recently submitted 30 half-core samples to Eastern Analytical (“EA”) for assay. The other half of these drill core intervals had previously been assayed by ALS Minerals (“ALS”) and incorporated into the Company’s reported drill results. A scatter plot comparing these results is provided in Figure 1.
  • RSC has concluded that the EA half-core samples consistently returned lower grade assays than ALS assay grades for the original half-core samples, and that these data suggest a strong bias in these results that particularly seems to be present in the higher-grade samples.
  • Results from a set of 10 similar half-core verification samples were received and reviewed in May 2021. Differences observed in these assay results when compared to the original half-core samples were determined by New Found’s independent consultants to be not statistically significant.
  • The Company is now proceeding with a program to further assess the presence and source of the bias, and to implement steps based on its findings.
  • The bias observed in the 30 verification samples could be caused by one or a combination of the following: nugget-effect, sample selection bias and/or any part of the process of sample preparation or analytical methods used at the laboratories. The certified reference material (“CRM”) submitted as part of the Company’s internal QA/QC program did not identify a bias at either laboratory, however it should be noted that the CRM’s do not test the entire metallic screening process.
  • Two test programs have been designed by RSC with input from the Company to identify the potential sources of bias.
    • The first program will test whether there is a bias between the two labs and will involve submitting 167 half-core samples to ALS for crushing and splitting into two equal lots. The two splits are to undergo the standard metallic screening process at the two respective labs, EA, and ALS.
    • If a statistically significant bias is demonstrated in test program one, test program two will determine which laboratory produced the bias by collecting two sets of 60 half-core samples where one set was originally assayed at ALS and the other by EA and submitting these 120 half-core samples to a third “umpire” laboratory.
    • If testing program one does not indicate a bias between the labs, then the bias is likely to have been introduced during the sampling of the core in the core yard.
  • Both programs will run concurrently to limit further delays and the results are expected in approximately eight weeks’ time. The time line for completion of this work will depend on turnaround times at the assay labs, so there may be some variability in this time line. The Company and RSC are putting all their efforts into getting this program completed as soon as possible.
  • In the event that the test work determines that a bias was introduced in the sampling process, the remaining half-core samples still held by the Company will be sent for assay and a weighted average of the two half-core samples will then be used to determine an updated assay.
  • Recognizing the nuggety nature of gold mineralization at Queensway, for the last several months New Found has been considering implementing assaying of whole-core samples. This approach provides a larger sample for assay which reduces variability of assay results particularly helpful in nuggety gold systems such as at Queensway and removes the possibility of bias from the half-core sampling process. After consultation with RSC, the Company has decided to immediately move to whole-core assay as the primary method for future assaying of drill core intervals.
  • As part of the implementation of whole-core assaying, the Company is in advanced discussions with MSALABS to implement the state-of-the art Chrysos PhotonAssayTM method on whole-core samples from Queensway. This method is employed around the world by other companies on nuggety gold ores with excellent results.
  • The Company anticipates signing an agreement with MSALABS shortly for approximately 20,000 Chrysos PhotonAssayTM assays per month at a facility outside of Newfoundland and is advancing discussions towards installing a Chrysos PhotonAssayTM instrument in Gander. As part of this arrangement the Company would work with MSALABS to establish a sample preparation facility in Gander.
  • The benefits of utilizing the Chrysos PhotonAssayTM method on whole-core samples include:
    • The preservation of the entire whole-core sample in this non-destructive testing method leaving it available for additional assay and test work. The current fire assay technique followed by metallic screening for high-grade samples does not preserve residual material for further check assaying.
    • A much faster turnaround time for assay results, providing this critical operational information that drives optimization throughout the exploration and discovery value chain.
    • Significantly lower assay costs.
    • An environmentally friendly, chemical-free, more sustainable replacement for the traditional fire assay methods, significantly reducing CO2 emissions and hazardous waste.

Collin Kettell Executive Chairman of New Found stated: “Management and the Board of Directors are committed to working with RSC to complete a speedy and thorough test program to assess the presence and source of this bias, as well as determine and implement a resolution that will address this issue. Queensway is a nuggety gold system which comes with significant challenges that are widely recognized in the sampling and assaying processes. Moving to whole-core assaying will reduce the variability of assay results in this style of gold mineralization and will remove the possibility of bias from the half-core sampling process. As part of this transition, we are particularly excited to be advancing towards the use of the Chrysos PhotonAssayTM assay method. This technology allows the assay of an entire high-grade interval quickly and accurately and preserves the full sample for further verification assaying by conventional fire assay/metallic screening methods. The Chrysos PhotonAssayTM assay method is gaining wide acceptance and is being used by industry leaders such as Barrick. We are excited to be forming this partnership with MSALABS to proceed towards utilization of the Chrysos PhotonAssayTM method on our Queensway samples, and to work towards installation of a third party operated Chrysos PhotonAssayTM machine in Gander.”

Qualified Person

The technical content disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this news release dated November 4, 2021, by New Found. Mr. Matheson certifies that this news release fairly and accurately represents the information for which he is responsible.

Addendum: Fire Sale this morning!???

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Karora continues to impress:

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Karora is hitting new 3 year highs…performing like a champ!

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A couple of other names worth looking into (not sure if they have been mentioned here or not):

BRC/BKRRF - Silver explorer buyout candidate

ESK/ESKYF - gold explorer with nice results thus far

ELO/ELRRF - tin/silver/zinc play. Check out recent comments on the CEO.CA board from the poster “@GoingNorth”… appears to have a head’s up on some things and thinks very good news in the works by years end

TUF/HBEIF - This one I have been told might be a year or more out from doing much, but is working on being like an alternate to a silver ETF.

I think I’ve made it clear over the years that I’m not “a DD guy”… just a lowly chartist :stuck_out_tongue_winking_eye: These stocks were shared with me by friends like easymillion/hurricanerick that don’t post here but like to dive into mining stocks, so I think they’re worth a look. Or maybe Easy and Rick may have brought my attention to these and I just forgot! lol

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