Explorer

Hawkmoon Resources Raises C$797k, Exploration Commenced At Wilson And Romeo Projects, Quebec

 

Setting up drill rig at Wilson, Quebec

1. Introduction

Quebec is one of the best mining jurisdictions in the world, containing several of the largest gold trends worldwide, among those the giant Abitibi Greenstone Belt (180Moz gold production so far). When tiny junior Hawkmoon Resources (CSE: HM, FRA:966) announced their IPO, and strategy to do exploration projects in exactly this region, I was curious to see what kind of projects they had in mind. I met CEO Branden Haynes much earlier, back in 2019, and it was already obvious he was extremely passionate about his dream to have his own exploration venture, which is something I like to see, and which we could easily discuss for hours, besides one of his other passions, which is European football, more specifically FC Barcelona and Dutch football (I am a Dutchman myself).

Alianza Minerals Impresses With 1.26m @ 3,267g/t Silver Intercept At Haldane

Mount Haldane, Yukon

It has taken Alianza Minerals (ANZ.V, TARSF.US) a while, but it finally seems to have hit ultra high grade silver at their Haldane project in the Keno Hill District (Yukon), and this is exactly what management was looking for all along. A very high grade intercept drilled in January at the same target already generated 1.78m @ 818g/t silver, but this time around the company announced a spectacular 1.26m @3,267g/t silver intersection, and this is even without the zinc and lead credits. According to management, many more upcoming drill results will create lots of news flow the coming months, so it could be a prolific summer for Alianza Minerals.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Kenorland Minerals Completes First Drill Program At Regnault, Exploration At Tanacross, Chebistuan And Healy Underway, Sells Fox Property

Drilling at Regnault target, Frotet project, Quebec

After the nice batch of results released at the end of May, beautifully complementing the first sets of strong intercepts, Kenorland Minerals (KLD.V)(3WQO.FSE) was hoping to find more of the same when targeting the more southern parts of the discovered Regnault structure, potentially growing this into a district scale discovery. The final drill results from the 8,591m diamond drill program, being the remaining 15 holes (5,104m) were not of this high standard unfortunately, but for a greenfield exploration venture this project has already been a resounding success, with most holes hitting mineralization. The share price reacted substantially to the May results, which included the impressive 5.72m @ 90.56 g/t Au (incl. 3.89m at 132.57 g/t Au) intercept, as can be seen here:

Maxtech Ventures: Primed To Prove Up A Potential 1Moz Maiden Gold Resource In Ontario

 

1. Introduction

With gold stabilizing and further inflation expected with a world economy continuing to recover from COVID-19, it seems Maxtech Ventures (CSE.MVT)(OTC:MTEHF)(FRA.M1N), a junior exploration company operating in Ontario and Quebec, is in the right place at the right time. It raised C$0.94M on June 4, 2021, and recently commenced a 15,000m 3 staged drill program at their flagship St.Anthony Gold project, with the objective to prove up a historic 1.2Moz resource, and maybe even more. Management already succeeded in attracting a few large institutional names like US Global, and is followed with interest by more large parties, ready to enter when drilling delivers the right results.

Meridian Mining Continues To Deliver At Cabaçal With More Strong Results; Ongoing Warrant Exercising Generates C$2.73M

Although metal prices and especially the gold price took a breather, Meridian Mining (TSXV: MNO) remains unfazed, and keeps providing investors with solid drill results from their Cabaçal VMS Copper-Gold Project in Brazil , at or even above expectations of management. Their ongoing 10,000m field program of diamond drilling returned assays from hole CD-010 to CD-019 in the last few weeks, and as we are almost already getting used to it, almost all holes contained economic mineralization. Highlights were CD-013 (116.5m @ 0.7% CuEq), CD-017 (46m @ 1.0% CuEq), and CD-019 (110.7m @ 0.6% CuEq), representing the thickest intervals to date, and all starting close to surface which means a low overall strip ratio for future open pit potential becomes more and more likely, something pleasing management for sure.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Alianza Minerals Enjoys Fully Subscribed Non-Brokered C$1.2M Private Placement

Mount Haldane, Yukon

As precious metal prices, alongside almost all other metals, are performing well, Alianza Minerals (ANZ.V, TARSF.US) management received lots of interest, and was able to reel in subscriptions for their non-brokered C$1.2M private placement, announced at May 31, 2021. The placement consisted of C$0.12 flow through shares, with no warrants attached to it, which is a sign of strength and rare. Red Cloud Securities acts as a finder, and will be, together with other finders, eligible for a finders fee of 7% in cash and 7% in finders fee warrants. These warrants are exercisable into shares at C$0.12 for a period of 2 years. The proceeds of this round will be used for exploration on the flagship Haldane Silver project in Keno Hill, located in the Yukon.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Kenorland Minerals Hits 5.72m @ 90.56g/t Au At Regnault Gold Project

Drilling at Frotet project, Quebec

It took some time, but it all seems to come together rather nicely now for hybrid prospect generator Kenorland Minerals (KLD.V) and its young prodigy CEO, Zach Flood. A few days ago the gold price broke through the important barrier of US$1900/oz again, lots of metals are witnessing positive sentiment on the back of a recovering world economy as COVID-19 vaccines are rolled out worldwide, so despite a recent crypto crash the mining industry is enjoying a bull market again after 2016-2017.

Drilling By Meridian Mining At Cabaçal Returns 66.1m @ 1.1% CuEq In Extensions To Underground Workings

With copper beating all time highs recently, and gold briefly touching US$1900/oz, Meridian Mining (TSXV: MNO) seems to be in a good place, delivering their second set of assays from their Cabaçal VMS Copper-Gold Project in Brazil. Their ongoing 10,000m field program of diamond drilling recently returned assays from hole CD-005 to CD-009, and all holes contained economic mineralization. This will probably not come as a surprise for the verification holes of historic drill results, but the good news is the stepout holes into the lesser drilled areas outside the limits of mine development sometimes returned even better results. The standout hole in this case is of course CD-009, producing no less than 66.1m @ 1.1% CuEq from 86.9m depth.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Golden Independence Mining Announces 1.5Moz Au Maiden Resource Estimate On Nevada Project

You have to hand it to them, the timing of Golden Independence Mining (CSE: IGLD, OTCQB:GIDMF, FRA:6NN) announcing their maiden resource estimate (MRE) on their Independence project in Nevada is pretty good, as precious metals sentiment becomes increasingly more positive, and other assets like bitcoin just seemed to have bowed out as a serious alternative, after getting into a tailspin of epic proportions, losing over 25% of value in one day. So far Frank Giustra seems to have won the gold vs. bitcoin debate with Michael Saylor for now.  

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