Quebec

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).

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.

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.

Hybrid Prospect Generator Kenorland Minerals: Talented Management, Cashed Up And Has Commenced Follow Up Drilling At Promising Regnault Gold Project

Drilling at Frotet project, Quebec

1. Introduction

Kenorland Minerals was mentioned to me at the end of 2019 by mining legend Rick Rule, departing CEO of Sprott US Holdings, and more specific he extensively expressed his admiration for the young CEO of Kenorland, Zach Flood. According to Rule, who recently announced his retirement, Flood is a top category prodigy, who is probably destined to go places. Such an endorsement is pretty rare, so I kept this in the back of my head, as Kenorland wasn’t trading at the time. I had to wait until after the RTO in January of this year. After a few weeks of trading the share price started to come down, also caused by headwinds for gold as interest rates for bonds were steadily rising:

Genesis Metals Builds High-Grade Ounces at Chevrier

This article by James Kwantes has been published first at Resource Opportunities and Streetwise Reports.
All pictures are company material, unless stated otherwise.

Genesis Metals Corp. (GIS:TSX.V; GGISF:OTC) is building ounces and grade at its Chevrier project in Quebec's Abitibi Greenstone Belt, as Phase 1 drill results outline growing zones of higher-grade material within the existing Main Zone deposit. The drill results are changing the profile of the deposit, which hosts current indicated mineral resources of 395,000 ounces (8.5 Mt averaging 1.45 g/t gold; cutoffs 0.5 g/t open pit and 0.95 g/t underground) and inferred mineral resources of 254,000 ounces (5.9 Mt averaging 1.33 g/t gold; cutoffs 0.5 g/t open pit and 0.95 g/t underground).

Genesis Metals: Gold Exploration In The Heart Of The Abitibi Greenstone Belt

President & CEO Jeff Sundar in the middle at Chevrier

 

This article by Brian Leni has been published first at Junior Stock Review.

All pictures are company material, unless stated otherwise.

 

What is the significance of surpassing $1400 USD per ounces of gold?

Personally, I view the price of gold as a bell weather for the global economy, essentially signalling the health of markets. Without a doubt in my mind, the complexity of the global marketplace is only increasing and because of this, I can’t help but think that any of these attempts to control it will fail and only add to the damage that has already been done.

Genesis Metals: Value In The Abitibi Greenstone Belt

This article by Brian Leni has been published first at Junior Stock Review.

All pictures are company material, unless stated otherwise.

Is the tide beginning to change from bear to bull in the gold market? In my opinion, it could be, and one of the major driving forces behind it could be mergers and acquisitions (M&A).

For those who haven’t been following closely the last few months, it began with the merger of Barrick and Randgold and then, just recently, with Newmont’s acquisition of Goldcorp.

Genesis Metals: New Geological Model Directs Exploration For Gold In The Abitibi Greenstone Belt


This article by Brian Leni has been published first at Junior Stock Review.

All pictures are company material, unless stated otherwise.

We are not only in a resource sector bear market, but in the midst of peak holiday season, at least in the northern hemisphere. At the current moment, these two factors are pushing many company share prices downward, and in the process, giving those with the wherewithal and appetite for risk great opportunities for entry into the stock.

You may be asking yourself, if the bear market trend continues, can I buy the same stock more cheaply in a month? That could be correct - or the market might turn. It's anyone’s guess as to which way the market will flow.

Genesis Metals Continues To Prove Up Chevrier Mineralization; Further Drilling About To Start

Chevrier Gold project; core shack Main Zone

After having completed a 10,150m 58 hole drill program on the Main Zone, plus 25 new trenches and re-sampling of 11 historic cores, it seems that Genesis Metals is well on its way to get more insight in the complex geology of Chevrier, therefore an update is warranted. Follow up drilling on a new Main Zone extension is about to commence in this spring, and a maiden resource estimate is scheduled for Q3, 2018. On top of that, the company is contemplating drilling other geological targets as well, as the property has abundant exploration potential.

All presented tables are my own material, unless stated otherwise.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

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