PDAC Toronto 2020
The annual Canadian mining conference season has is starting in Toronto with two minor conferences ahead of the main event, which starts tomorrow, Sunday.
It will be interested to see how attendance figures fare after I have heard that some people have decided not to attend due to Coronavirus fears. There are normally numerous Chinese visitors to #PDAC2020, it remains to be seen how many attend this year. Continue reading
EnviroLeach Technologies Inc. (ETI: CN)
Announced that it has signed a Letter of Intent (LOI) with Mineworx Technologies Inc. (TSX.V: MWX) to utilise EnviroLeach’s patented technology for recovery of platinum group metals including platinum and palladium from waste catalytic converters. Continue reading
Tinka Resources {TSX.V: TK}
Have issued their M & A for December 2019, and are in fine shape financially.
The company has sufficient funds for the forthcoming drill campaign, and for management expenses for the next 12 months. Continue reading
Canuc Resources {TSX.V: CDA}
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 14, 2020.
The company raised CAD$850,000 by issuing 8,500,000 shares at 10 cents with a two year half warrant at 15 cents. Continue reading
Wesdome Gold {TSX: WDO}
Announced further drill results from the Kiena Deep A Zone downplunge.
Included was an intersect of 10.5 m of 106.3 g/t Au. Continue reading
Stock Markets
I think this will be the week when the impact of the coronavirus starts to take its toll on the markets, as the implications of the world’s supply chain breaking down start to become apparent.
Just in time auto production is a perfect example of an industry that is already being effected by a lack of parts such as LED lights that are mainly produced in China, and mainly in Wuhan, of all places. Continue reading
Bitcoin (BTC)
Halving is planned for May 2020. What is Bitcoin Halving I hear you ask?
The halving is the 50% reduction of the reward for mining new Bitcoin blocks that take place once every four years and leads to a reduction of how many new Bitcoin are being released into circulation. Ok, so will it effect the price? Continue reading
Irving Resources {CSE: IRV}
Reported that the private placement with Newmont Corporation announced in the Company’s news release of February 13, 2020 has closed. .
Gross proceeds of CDN$5,266,800 were raised through the issuance of 1,400,744 common shares of Irving. Continue reading
Kootenay Silver {TSX.V: KTN}
Have been added to the 2020 TSX Venture 50 Index for the top 10 companies in each of five industry sectors on the exchange.
This is based on market cap growth, share price appreciation, and trading volume for 2019. Continue reading
Far Resources Ltd. {TSX.V: FAT}
Far and partners BattMat Technologies (BM) and Electric Blue Power (EBP) have formed BattMat USA Corp (BMUSA), in which Far now has a 26.1-per-cent shareholding.
BMUSA is a Delaware corporation that will advance and commercialise technologies that arise from the Far/BM/EBP joint venture, Continue reading
Cartier Resources {TSX.V: ECR}
Reported values of 7.1 grams per tonne (g/t) gold (Au) over 11.5 metres, including 22.0 g/t Au over two metres intersected at a distance of 550 m below Zone 5B4-5M4-5NE of the Chimo mine gold property located 45 kilometres east of Val d’Or, Quebec. Continue reading
Skeena Resources [TSX.V: SKE} – Initiating coverage
CIC is initiating coverage of the Skeena Resurces story based around the famous Eskay Creek area in the “Golden triangle” of British Columbia, Canada.
Previous mines closed due to low metal prices and high costs due to a lack of infrastructure, problems that no longer exist. Continue reading
Irving Resources Inc. (CSE:IRV)
Reports that the investment agreement entered into in April 2019 between Irving and Newmont Corp. has been amended such that the two additional private placements which Newmont has the right to require the Company to undertake are now in the amounts of US$4,000,000 as to the first additional private placement, and US$2,000,000 (which may be increased to US$3,000,000 at Newmont’s option) as to the second additional private placement. Continue reading
Crypto traders furious at BitMEX
The dangers of leveraged trading of cryptos, which is an unregulated market, were highlighted after account holders on BitMEX trading the US$/XRP pairs trade had their accounts wiped out after a ‘flash crash’ which dropped the price by 60% for 2 seconds wiped out their entire accounts, after stop losses failed to trigger.
BitMEX is refusing to compensate those traders who have lost everything as a result of their stops not activating, resulting in furious comments on social media. Continue reading
Far Resources Ltd (CSE:FAT)
Announced that its partner Electric Blue Power (EBP) has successfully installed for testing its first prototype VAB Controller© (Vehicle Automated Battery/Block Controller and Monitoring System). Continue reading
Canuc Resources {TSX.V: CDA}
Announced the closing of a non-brokered Private Placement for gross proceeds of $850,000. The closing of this Private Placement results in issuance of 8,500,000 Units. Each Unit consists of one common share priced at 10 cents and one half of one warrant to purchase one additional Common Share at 15 cents Continue reading
North American stock markets holiday closures.
US and Canadian stock markets will be closed on Monday 17th February 2020.
The US are celebrating President’s Day.
The Canadians are celebrating Family Day. Continue reading
Cabral Gold Inc. (TSXV: CBR)
Provided initial results from reconnaissance surface sampling within the largely unexplored eastern part of the Cuiú Cuiú project area, which resulted in the identification of a new and previously unknown high-grade target called Alonso. Continue reading
Cartier Resources Inc.{TSX.V: ECR}
Has awarded InnovExplo the mandate to complete a resource estimate on the north and south gold corridors and a supporting National Instrument 43-101 technical report for its 100-per-cent-owned flagship Chimo mine gold property, located 45 kilometres east of Val d’Or, Quebec. Continue reading
Zen Graphene {TSX.V: ZEN}
Dr. Francis Dube, CEO, has recorded a new video interview with Canadian based Investorintel, which updates on recent progress and programs ongoing at Zen Graphene.
You can listen to the interview Continue reading
