Global Mining Finance Conference

The London Global Mining Finance Conference once again lead investors into the London mining month with some lively and thought provoking presentations, and a wonderful new venue.

We all know the junior mining sector has plummeted, what this conference did was focus on the current undervaluations, and speculate on the opportunities that will be there when market sentiment returns. 

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Pewterers’ Hall entrance

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The Global Mining Finance Conference Commenced The London Mining Month

The London Global Mining Finance Conference once again lead investors into the London mining month, with some lively and thought provoking presentations, and a wonderful new venue.

As is the norm, this conference precedes the two larger conferences taking place in the next two weeks, 121 Mining Forum, and Resourcing Tomorrow.

This boutique event focuses on a combination of a select group of mining companies with a couple of keynote speakers focusing on the commodities and junior mining sectors.

The venue was a new one, the very splendid Pewterers’ Hall, located in the heart of the Foinancial District of the City of London, at St. Paul’s.

We all know the junior mining sector has plummeted over the last couple of years. What this conference did was focus on the current undervaluations, and speculate on the opportunities that will be there when market sentiment returns.

Videos of all the presentations can be found HERE

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Chris Berlet presented Canuc Resources and Stakeholder Gold

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The opening keynote speaker was Angelos Damaskos, founder and CEO of Sector Investment Managers, who spoke the economic outlook and equity market conditions.

The first company presentation was for a private company, but one with a lot of media attention, Cornish Lithium, presented by founder and CEO Jeremy Wrathall.

This project promises to supply lithium to future UK based giga factories, who require local supplies.

The next presenter was Chris Berlet, who made three very interesting short presentations during the course of the conference. Chris presented Canuc Resources, an exploration company based in Mexico with some Texan gas production which funds the company M and A expenses, minimising dilution.

Shaun Bunn, MD of Empire Metals closed the first session with a presentation about exploring for critical minerals in Australia.

The networking break was very busy, in the downstairs spacious hall.

Chris Berlet, President and CEO of Stakeholder Gold opened the second session, wuth another interesting god exploration story, this time in the Yukon. Once again there is a twist in that stakeholder generates cash flow with the sale of exotic blue quartzite from its wholly owned Brazilian subsidiary, Victoria Mining.

Again this minimises diution of the main project, a nice twist on the usual exploration story, of raise after raise.

Alan Carter, CEO,  presented Cabral Gold, a mature gold exploration story in the prolific Tapajos region of Brazil. Alan is looking for early pilot production to fund further exploration, continuing on the theme set by Canuc and Stakeholder of generating early cashflow.

Claude Lemasson, CEO, presented Landore Resources, the final corporate presentation. Landore are developing the BAM gold project in a highly prospective area of Ontario, Canada.

The closing keynote presentation was made by Graham Dallas, Head of EMEA Business development for the TMX Group, owner of the Toronto Stock Exchange.

The conference closed with a lively networking buffet and refreshments.

Given the recent severe downturn in the value of many mining companies, especially the juniors, I was surprised at the excellent turnout the event attracted, and the vibrancy of the networking sessions.

The new venue is superb, and once again the Global Mining Finance Conference had a strong program of companies, and expert keynote speakers.

Videos of all the presentations can be found HERE

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Mining Review 16th July 2023

Gold had a better week after poor US employment numbers, base metals were largely positive despite Chinese economic concerns.

Calidus Resources, Cartier Resources, and i-80 Gold all reported good drill results.

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I80 Gold – Ruby Hill

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City Investors Circle Mining Review 16th July 2023

Gold had a better week, silver rose a stonking 8%, as did rhodium, with platinum almost making  clean sweep for the PM’s with a 7% rise. The only negative was palladium, down a whopping 9% in a week.

A pairs trade, long platinum short palladium is starting to look like a decent bet at the moment.

Base metals were largely positive, despite weakening Chinese economy concerns, with thermal coal, down 9%, the only big loser.

The markets seem to be defying gravity at the moment and another bubble appears to be starting, which is quite incredible when you consider the current economic situation. I just feel that when this exhuberance finally comes to an end, the fall is going to be extruciatingly painful.

Companies on our watchlist that made news this week included, Calidus Resources, Cartier Resources, and i-80 Gold, who all reported good drill results.

To read the week’s top stories please click on the titles below, to be taken to the full story.

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Cartier Resources Cuts 3.2 g/t Au over 15 m at Chimo

Announced drill hole results from the West Nordeau and West Chimo Mine sectors. Notably, Cartier cut 3.2 gpt over 15 m.

 Neometals Vanadium Offtake Executed with Glencore

 Orla Mining Reported Q2 2023 Operational Results

 Canuc Resources Acquired an Additional San Javier Claim

Announced the signing of an agreement to acquire an additional claim at the San Javier Silver-Gold Project in Sonora State, Mexico. The newly acquired claim is contiguous with the Company’s existing claims and covers a total of 96.5051 hectares.

Calidus Resources’ Felix discovery Has the Potential to Supply Warrawoona

Calidus announced more strong drilling results at its Felix gold discovery in the Pilbara, WA. The results support Calidus’ strategy to grow the inventory, production and mine life at its Warrawoona Gold Project.

 i-80 Gold Announces Best Results at Cove

 Mining Review 9th July 2023

Another lacklustre week, for want of a better adjective, there’s simply no excitement in the junior mining sector at the moment. Scotgold was the subject of a reprimand to the BBC after it was described in an interview as having dicovered a new vein, when in fact they hadn’t.

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Market Data

Weekly Price movements

(US$ unless stated)

Metal prices

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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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.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

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 writing the author holds no shares in Calidus Resources, I-80 Gold, and Orla Mining

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Canuc Resources  (TSX.V: CDA)

Announced the signing of an agreement to acquire an additional claim at the San Javier Silver-Gold Project in Sonora State, Mexico.

The newly acquired claim is contiguous with the Company’s existing claims and covers a total of 96.5051 hectares of prospective ground.

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Canuc Resources project map

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Canuc Acquires Additional San Javier Claim

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Toronto, Ontario–(Newsfile Corp. – July 11, 2023) – Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) (“Canuc” or the “Company”) is pleased to announce the signing of an agreement to acquire an additional claim at the San Javier Silver-Gold Project in Sonora State, Mexico.

The newly acquired claim is contiguous with the Company’s existing claims and covers a total of 96.5051 hectares of prospective ground.

The acquisition of this additional claim at San Javier brings the Company’s total contiguous claim position to 1,052.9 hectares. Canuc now has agreements for 100% ownership of 28 contiguous claims in the heart of the San Javier Silver-Gold mining camp.

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San Javier Area Interest

The San Javier area first came back into focus during September of 2020 when Barksdale Resources Corp. announced an earn in on several claims covering a combined 1,184 hectares of ground in the San Javier mining and exploration camp. These exploration claims (previously held by Constellation Copper Corp.) are contiguous with Canuc claims to the south, west and east.

Further interest in the San Javier area came during October 2020 when Osisko Development Corp. announced acquisition of the San Antonio claims group (previously held by Red Tiger Mining Inc.).

The San Antonio claims acquired by Osisko Development Corp. are contiguous with Canuc claims to the north, south and east. The San Antonio claims cover an area of 11,338 hectares.

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 Christopher Berlet, President and CEO of Canuc Resources Corp. stated

“The recently purchased claim is a strategic addition to the company’s claim group at San Javier and provides Canuc with comprehensive coverage of an area surrounding the largest magnetic-high anomaly detected during the company’s magnetic survey of 2021.

 

“This principal magnetic-high anomaly, measuring 800 meters by 400 meters, is manifest approximately 300 meters west of where magnetite silver veining comes to surface and where old artisanal mine workings were tunneled on magnetite veins which sampled high to bonanza grades of silver.

 

“The magnetic-high anomaly also has dimensions similar to, and is coincident with, an area previously reported where the company sampled elevated silver in soils extending for over 800 meters of strike length and detected over a width of approximately 400 meters.

 

“This area, and the associated magnetic-high anomaly, represents the company’s primary target for the discovery of silver IOCG deposition at San Javier,”

 

“The detection of massive magnetite and magnetite veining on company claims, which is found in combination with high to bonanza grades of silver that is manifest with a preponderance of silver halides, as well as the prevalence of copper and gold mineralization, have given us confidence in the IOCG thesis for ore genesis at San Javier.”

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To read the full news release, please click HERE

If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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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.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

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

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=======

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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 writing the author holds no shares in Canuc Resources

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Mining Review 9th October 2022

A better week for gold despite US bond yields still going up, and the yield curve remains inverted, although it slimmed down a tad.

Argosy Minerals, Cabral Gold, Lefroy Exploration, and Minera Alamos all made positive news releases this week. 

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Lefroy Exploration – native-copper-core-and-gypsum, near Kalgoorlie, Western Australia.

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City Investors Circle – Mining Review 9th October 2022

A better week for gold despite US bond yields still going up, and the yield curve remains inverted, although it slimmed down a tad.

Another mixed week in the markets, the US DOW is oscillating around the 30,000 mark, and the mining sector had a better week as the price of gold stabilised above $1700.

A major deal was announced this week, the merger of Solgold (AIM: SLG) and TSX listed Cornerstone Capital. Cornerstone hold a significant position in Solgold shares, and hold other licence areas in the immediate vicinity of Cascabel, so this deals looks sensible to me.

Argosy Minerals, Cabral Gold, Lefroy Exploration, and Minera Alamos all made positive news releases this week, please click on the links below for the full stories.

Our Monthly Review Newsletter is also linked below.

  Canuc Resources added 3 San Javier Claims

  Pacgold F1a Zone Delivered High-Grade Gold

  O3 Mining Normal Course Issuer Bid

  Argosy Minerals Began Lithium Production

  Lefroy Exploration Burns Project Assays Gold and Copper

  Minera Alamos Issued a Positive Cerro de Oro PEA

  Cabral Gold Announced a New Cuiú Cuiú MRE

  Mining Review 2nd October 2022

  Market Review September 2022 Published

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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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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.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

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

.

=======

,

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 writing the author holds shares in Argosy Minerals, Lefroy Resources, and Minera Alamos, bought in the market at the prevailing price on the days of purchase. 

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Market Data

Weekly changes (US$)

Metal prices

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ETFs

Canuc Resources  (TSX.V: CDA)

Announced the signing of agreements to acquire three additional claims at the San Javier Silver-Gold Project in Sonora State, Mexico.

The newly acquired claims are contiguous with the Company’s existing claims and cover a combined 104.5 hectares of prospective ground, close to projects owned by Osisko Development and Barksdale. 

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Canuc Resources drilling at Silver Mountain, Sonora, Mexico.

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Canuc Resources Corporation (TSX-V: CDA) (“Canuc” or the “Company”)  is pleased to announce the signing of agreements to acquire three additional claims at the San Javier Silver-Gold Project in Sonora State, Mexico. The newly acquired claims are contiguous with the Company’s existing claims and cover a combined 104.5 hectares of prospective ground.

The acquisition of these three additional claims at San Javier brings the Company’s total contiguous claim position to 956.4 hectares. Canuc now has agreements for 100% ownership of 27 contiguous claims in the heart of the San Javier Silver-Gold mining camp.

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San Javier Area Interest

The San Javier area first came back into focus during September of 2020 when Barksdale Resources Corp. (TSX-V: BRO) announced an earn in on several claims covering a combined 1,184 hectares of ground in the San Javier mining and exploration camp. These exploration claims (previously held by Constellation Copper Corp.) are contiguous with Canuc claims to the south, west and east.

Further interest in the San Javier area came during October 2020 when Osisko Development Corp. (TSX-V: ODV) announced acquisition of the San Antonio claims group (previously held by Red Tiger Mining Inc.). The San Antonio claims acquired by Osisko Development Corp. are contiguous with Canuc claims to the north, south and east. The San Antonio claims cover an area of 11,338 hectares.

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Christopher Berlet, President and CEO of Canuc Resources Corp. Stated;

“The detection of massive magnetite and magnetite veining on company claims which is found in combination with high to bonanza grades of silver that is manifest with a preponderance of silver halides, as well as the prevalence of copper and gold mineralization, have given us confidence in the IOCG thesis for ore genesis at San Javier.”

 

“We have assembled an unencumbered ground position of 27 contiguous claims covering key geological features of the San Javier IOCG system.

 

“This progressive accumulation of claims in the San Javier mining camp is in keeping with our objectives for value development as a junior exploration and development company.”

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For brevity, this summary has been redacted, to read the full news release, please click HERE

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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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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.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

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

.

=======

,

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 writing the author holds no shares in Canuc Resources.

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To read our full terms and conditions, please click HERE

Canuc Resources Corp. (TSX.V: CDA)

Announced the closing of non-brokered Private Placement for gross proceeds of $450,000 CAD.

The closing of this Private Placement results in issuance of 3,000,000 Units. Each Unit consists of one common share priced at $0.15 per share, and one half of one common share purchase warrant. […] 

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Canuc Resources project map

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Canuc Resources Closes Non Brokered Private Placement

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Toronto, Ontario, Apr 04, 2022 – Toronto, Ontario –  Canuc Resources Corp. (TSXV: CDA) (OTCQB: CNUCF) (“Canuc” or the “Company”) is pleased to announce the closing of non-brokered Private Placement for gross proceeds of $450,000 CAD.

The closing of this Private Placement results in issuance of 3,000,000 Units. Each Unit consists of one common share (“Common Share”) priced at $0.15 per share, and one half of one common share purchase warrant (“Warrant”). Each whole Warrant entitles the holder to purchase one additional Common Share at $0.35 for a period of two years from the closing of the Private Placement.

Canuc Resources (TSX.V: CDA)

Provided a December 2021 update on the exploration program currently in progress at the Company’s San Javier Ag-Au Project in Sonora State, Mexico.

Progress has been slow due to covid issues in Mexico, but progress has been made, with 1,750 m drilled and assays are awaited.

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Canuc Resources drilling at Silver Mountain, Sonora, Mexico

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Canuc Resources Provides 2021 Exploration Update for San Javier

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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.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

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

.

=======

,

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.

.

.

Canuc Resources Corp. (TSX-V: CDA)

Announced the acquisition of two additional claims in the San Javier mining and exploration camp.

The newly acquired claims are contiguous with existing claims and cover extensions on one of the Company’s principal exploration targets.

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Canuc Resources drilling at Silver Mountain, Sonora, Mexico

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Canuc Resources Adds to their Land Position at San Javier

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Canuc Resources management comments

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To read the full news release, please click HERE

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Mining Review Sunday Update 17th Oct. 2021

Copper and coal remain the key stories at the moment, as a shortage of supplies in both key commodities is driving their prices higher. Colonial Coal (TSX.V: CAD) rose to an all time high on the back of M & A speculation as a result.

Gold had a good week until Friday when US inflation numbers drove erased most of the week’s gains in a flash.

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Lefroy Exploration Drill crew, Western Australia.

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Mining Review Sunday Update 17th Oct. 2021

Copper and coal remain the key stories at the moment, as a shortage of supplies in both key commodities is driving their prices higher.

Colonial Coal (TSX.V: CAD) rose to an all time high on the back of M & A speculation as a result of the record high steelmaking (coking) coal price.  With both coking and thermal coal scarce, if there ever was a time for Colonial Coal to receive a bid, it’s surely now?

Gold had a good week until Friday when US inflation numbers drove erased most of the week’s gains in a flash. US$1,000 is proving a resistance point currently, and the price is becoming rangebound.

Copper, uranium, and zinc all had strong weeks, despite the Chinese government looking to release more strategic reserves to try and calm price speculation.  LME copper reserves are very low, as are warehouses in Shanghai and other parts of the world.

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Stocks on our watchlist that reported news this week

 Fosterville South Drills Assays up to 238.1 g/t Gold

  Cabral Gold Expands the Gold-in-Oxide Blanket at MG

  Fiore Gold Achieves Record gold Production in Q4

  Canuc Resources San Javier Exploration Update

  ZEN Graphene Solutions Files Patent Applications

  Maple Gold Mines plan Drill Program at Eagle

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Precious Metals

Base Metals

Copper shot up, 17% in two weeks due to very low LME stocks. We have to wait to see if any new stocks appear.  Zinc is also on a roll.

Energy Metals

Uranium continues to be boosted by the Sprott Physical Investment Trust‘ purchase of spot uranium for storage. One wonders what will occur once their purchases cease?

Bulk Commodities

Coking coal took a breather, but iron ore turned back upwards again after the recent crash. These two commodities that are normally moving in tandem, continue to move opposite to each other.

Mining ETF Indexes

A very healthy week for the mining related ETF’s, despite gold remaining level. This seems to be a reaction to the underperformance of the mining stocks recently.

Miscellaneous data

City Investors Circle Mining Review for the 17th October is complete

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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.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

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

.

=======

,

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.

.