Copper

Golden Arrow Resources Reports 5m @ 2.98g/t Au And 1m @ 5.52g/t Au From Trenching At Flecha De Oro Project In Argentina

After almost two months of exploration at the Esperanza property at the Flecha de Oro project in Argentina, results are starting to come in for Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE). The ongoing trenching program is currently in Phase I, and focused on a nine square kilometre area where numerous gold-bearing quartz veins have been identified at surface. There were several interesting and economic intercepts reported, which incentivizes management to continue searching for the heart of the mineralized system. 

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise. 

First Assay Results On Cabaçal VMS Copper-Gold Project Return 15.9m @ 4.0% CuEq And 48.6m @ 1.4% CuEq For Meridian Mining

As copper is closing on to all-time highs, trading at US$4.42/lb Cu at the time of writing (peaking in 2011 at US$4.6285/lb Cu), Meridian Mining (TSXV: MNO) came out with their first set of assays from their 100% optioned Cabaçal VMS Copper-Gold Project in Brazil, from their ongoing field program, encompassing 10,000m of diamond drilling. The mix of verification and infill holes, aimed at targets in the Southern- and Eastern Copper Zone (SCZ/ECZ), returned good results, with highlights of 15.9m @ 4.0% CuEq and 48.6m @ 1.4% CuEq for CD-004 and CD-003 respectively. This is the first stage of confirmation of the historical BP Minerals / Rio Tinto drill results.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Meridian Mining Drills Strong Sulphide Mineralization At Its Cabaçal VMS Copper-Gold Project

The latest Meridian news release shows an impressive hint of the mineralized potential of the Cabaçal VMS Copper-Gold Project in Brazil, at which Meridian Mining (TSXV: MNO) last year signed an option agreement for a 100% ownership.

Meridian announced the roll-out of its field program following the granting of a environmental permit for drilling in March, and mobilized two drill rigs and a geophysical team to commence a 10,000m diamond drilling program. One of the initial focus areas was in the southern sector of the deposit defined as the Southern Copper Zone (SCZ), where historical drilling suggests the presence of high grade NW-SE trending alteration pipe hosting copper-gold-silver mineralization.

Meridian Mining Has Completed Corporate Turnaround, Received Key Permit And Started Drilling At Cabaçal VMS Copper-Gold Project

1. Introduction

It is not often that you see a Partner of a multi-billion-dollar resource fund part ways with his former colleagues and accept the challenge of turning around a headache dossier of that fund by himself. This is exactly what happened to Meridian Mining (TSXV: MNO) where then-Partner Gilbert Clark of Sentient Equity Partners came to the rescue. The result is effectively a brand-new company without debt, cashed up with a roster of new investors, and a “company maker” new asset: the Cabaçal copper-gold project in Brazil, which is an exciting copper-gold VMS belt scale project with huge potential.

Golden Arrow Resources Options Out Caballos Copper-Gold Project, Focuses More On Rosales Copper Project In Chile

As copper is riding at 9 year highs lately, Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) acknowledged this fact and recently made an adjustment to their exploration strategy, which previously focused predominantly on their gold projects Tierra Dorada in Paraguay and Flecha de Oro in Argentina, and to a lesser extent on their Rosales Copper project in Chile. This switch makes sense, as copper is even closing in on all-time highs now (US$4.63/lb Cu), as can be seen on this chart by Macrotrends:

Avrupa Minerals Reports First Drilling Results At Sesmarias

  

After Avrupa Minerals (TSXV: AVU) commenced drilling last December at its Sesmarias target at the flagship copper-zinc Alvalade project in Portugal, which is operated together with JV partner MATSA (joined company of Trafigura and Mubadala, two commodity giants), the company completed two drill holes so far for 874m of drilling, part of the 7-8,000m program. Hole SES20-031 and Hole SES20-032 were designed to test the area between the massive sulfide intercepted in hole SES008 and the stockwork zone intercepted in hole SES028, also at depth:

Plan view map Sesmarias, gravity geophysical data

Avrupa Minerals Commences Drilling At Flagship Alvalade Copper-Zinc Project; Results Expected Next Month

  

With a second wave of COVID-19 in full swing now across the globe, Avrupa Minerals (TSXV: AVU) has finally commenced drilling at its flagship copper-zinc Alvalade project in Portugal, which is operated together with JV partner MATSA (joined company of Trafigura and Mubadala, 2 commodity giants). Delays due to permitting of land and water caused a 5-week setback, but although such limited delays aren’t uncommon in mining, it is good to have things arranged and get into action. 

Avrupa and MATSA are focusing first on the Sesmarias massive sulfide discovery, and have planned to drill 7-8,000 meters over the coming months at Sesmarias and at other targets around the Alvalade license.

Avrupa Minerals Preparing To Drill Soon At Flagship Alvalade Copper-Zinc Project; Closes C$0.5M Financing, And 4:1 Consolidation Should Improve Attractivity For Investors

As 2020 keeps unfolding as one of the most remarkable years of the last decade with COVID-19 disrupting almost everything, resulting in unprecedented drops in economic activity and considerable volatility in the markets, and a second wave of the pandemic seems to be around the corner, the mining industry seems to be looking forward, on the back of a recovering economy, especially China returning back close to normal during the summer. A tiny company that is completely under the radar of many investors, but is also looking to get back into action, is Avrupa Minerals (AVU:TSXV) with its flagship copper-zinc Alvalade project in Portugal, JV’d with MATSA (joined company of Trafigura and Mubadala, 2 commodity giants).

13 Junior Mining Companies Followed By The Critical Investor

 

Goliath Gold project; Treasury Metals

All pictures are company material, unless stated otherwise.

The Critical Investor, an avid and critical mining stock investor and newsletter writer from Europe, looks for high quality companies, strong short-term catalysts and deep value. In this interview with Streetwise Reports, he takes a deep dive into the drivers behind gold's appreciation, discusses several criteria he uses to evaluate mining juniors and developers, and profiles, using his numbers-based approach, 13 junior mining companies, of which most are featuring in his portfolio.

Streetwise Reports (SWR): Gold and silver have been trading more or less sideways for the last month or so. What do you see ahead for the precious metals?

Avrupa Minerals Finally Secures Exploitation Permit For Alvalade, JV With MATSA Finalized, Preparing Drill Program

 

As gold stocks are getting all the attention at the moment with gold firmly in an upward trend it seems, one could almost forget the existence of base metal juniors. This is not entirely justified in my opinion, as for example copper has recovered completely from its March lows, as can be seen in this chart per pound Cu by Macrotrends:

Pages

Subscribe to RSS - Copper