City Investors Circle revamps Exploration Watchlist

City Investors Circle – London

Due to losing two companies to buyouts in late 2021, the exploration watchlist has been revamped, and three new companies added, all ASX listed.

They are; Argosy Minerals, Magnetic Resources, and Rumble Resources.

 

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Argosy Minerals

Argosy Minerals project vista, Salta, Argentina

 

 

Comment

Normally I do not consider investing in Argentina as a jurisdiction due to their politics, and the way the local governments can interfere with mining projects as the country is a federal state.

I am making an exception with Argosy as they are based in Salta, a very pro mining state in the heart of the ‘Lithium Triangle’, where a lot of major international companies are investing.

I feel this is one industry that the government will not want to interfere with.

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City Investors Circle – London adjust Exploration Watchlist

Due to losing two companies to buyouts in late 2021, the exploration watchlist has been revamped, and three new companies added, all ASX listed.

They are; Argosy Minerals, Magnetic Resources, and Rumble Resources.

 

Argosy Minerals (ASX: AGY)

Argosy Minerals Limited is an Australian company with a current 77.5% (and ultimate 90%) interest in the Rincon Lithium Project in Salta Province, Argentina and a 100% interest in the Tonopah Lithium Project in Nevada, USA.

48% of total construction works now complete – first commercial production of battery quality Li2CO3 product targeted by mid-2022. A 2,000 tpa lithium carbonate process plant development works progressing on schedule and budget

 

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Magnetic Resources (ASX: MAU)

Magnetic Resources NL is a dynamic and unique gold company.

Their primary focus is the advanced Hawks Nest 9 and adjacent Lady Julie gold assets in the Laverton region of Western Australia.

These assets are large scale, and at surface. The shallow gold and its proximity to existing mining operations and infrastructure in the region, represent the unique point of difference for investing in Magnetic Resources.

 

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Rumble Resources 

Rumble Resources Limited is an Australian based Listed exploration company with a clear strategy to generate and drill test a pipeline of projects providing the capability to make world-class discoveries on multiple projects.

Rumble is focused on advancing their major zinc / lead / silver sulphide ‘tier 1’ potential discovery at the Earaheedy project, Western Australia.

The company critically reviews each project against stringent criteria and has assembled a portfolio of eight highly prospective base and precious metal projects located in Tier 1 regions in Western Australia.

Rumble’s board and management team has a successful track record in making discoveries and project development.

 

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

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If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of publishing the author holds shares in Argosy Minerals, bought in the market at the prevailing price on the day of purchase.

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