Boab Metals (ASX: BML)

Shaw and Partners of Australia have issued a new research note on Boab Metals, with a BUY recommendation and a target price of   […] 

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Boab Metals new Research Report published 

Boab Metals (ASX: BML)

Shaw and Partners of Australia have issued a new research note on Boab Metals, with a BUY recommendation and a target price of A$1.02.

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To read the Boab Metals research report, please click HERE

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About Boab Metals

Boab Metals Limited (ASX: BML) is a Base & Precious Metals Exploration and Development Company based in Perth Western Australia. The project is focused on lead and silver, but has other metals.

The Company is edging closer to development at it’s 75% owned Sorby Hills Project following outstanding drilling success and a recent Resource update (44.9Mt at 4.3% Pb equivalent).

The Sorby Hills Base Metals Project is located 50km north east of Kununurra in the East Kimberley and just 150km from Wyndham Port.

Established infrastructure and existing permitting allows for fast track production.

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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

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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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Mining Review 12th December 2021

Gold finished the week strongly after inflation fears grew, but silver had another poor week and the gold to silver ratio climbed over 80 again.

The main story of the week is the bid by Kinross for Great Bear, at around  27% premium, when Barrick were rumoured to be suitors as they have staked a lot of land around the Great Bear project. This could result in a bidding war.

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Ascot Resources Pan Mine mill, Golden Triangle, British Columbia, Canada.

City Investors Circle Mining Review 12th December 2021

Gold finished the week strongly after inflation fears grew, but silver had another poor week and the gold to silver ratio climbed over 80 again.

Amongst the base metals, coking coal rose 20% during the week, Rhodium 9%, iron ore 8%, cobalt and lithium 6%.

The main story of the week is the bid by Kinross for Great Bear, at around  27% premium, when Barrick were rumoured to be suitors as they have staked a lot of land around the Great Bear project.

This could well result in a bidding war, time will tell but it’s hard to see Barrick not making a counter bid.

I mentioned a while ago that I thought gold producers may take advantage of the lower price of gold, and gold explorers / developers, to make opportunistic bids, and that does seem to be happening. The premium here is not that great, around 33%.

If Barrick, (or anyone else for that matter) respond, we will see how much further the price rises as a guide to how potentially undervalued this bid actually is.

The other highlight was a court in Ecuador declining a licence to Cornerstone Capital due to some of the exploration area being a protected forest. The court designated all Ecuador’s forests as being ‘protected’, due to the diversity of animal and insect life in them.

It now remains to be seen whether a higher court will overrule this court, and until it does I imagine investors will be wary of investing in any company doing business in Ecuador. Clarity is needed here, and fast.

Stocks on our watchlist in the news last week

Cornish Metals Intersects High-Grade Copper at United Downs

Karora Resources Discover 40.5 gpt Gold near Beta Hunt, ,Kalgoorlie, WA

Ascot Resources Receives the Mines Act Permit for their Premier Mine in B.C.

Banyan Gold Reports Aurex Hill Zone Drill Results

Orla Mining Announce Cerro Quema Initial Resource

Neometals AGM presentation published

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Market Data

(All in US$)

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Precious metals

Gold clawed back some of its previous losses as inflation fears grew once again.

Rhodium reversed some of the losses of previous weeks and ended strongly.

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Base Metals

Tin continues its run northwards, and has moved upwards throughout the last year, month after month. One reason is that President Joko Widodo is threatening a ban on the export of unprocessed tin from Indonesia.

Zinc has also been a consistent riser throughout the last year or so.

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Energy Metals

A mixed bag with cobalt and lithium up 6%, whilst manganese is down a whopping 6%, a big hit for for a slow moving metal.

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Bulk commodities

After the recent more positive Chinese industrial news, and the government confirming they will support completing Evergrande’s unfinished construction projects,  both iron ore and coking coal rose higher.

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ETF’s

After the recent pummelling, it’s good to see a stable week.

City Investors Circle Mining Review is complete for this week.

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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 shares in Ascot Resources, Banyan Gold, Karora Resources, and Orla Mining, bought in the market at the prevailing price on the days of purchase.

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To read our full terms and conditions, please click HERE

Cornish Metals Inc. (TSX.V / AIM: CUSN)

Reported assay results from three diamond drill holes at the ongoing drill programme at the United Downs copper – tin project, Cornwall, UK.

Drill hole UD21-011A intersected five parallel zones of high-grade copper / tin / silver mineralisation beneath the historic United Mines.

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Cornish Metals South Downs and South Crofty property locations

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Cornish Metals Drill Hole UD21_011A Intersects Multiple Zones of High-Grade Copper Including 2.53m at 4.61% Copper and 2.73m at 4.45% Copper

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Cornish Metals Inc. (TSX-V / AIM: CUSN) (“Cornish Metals” or the “Company”) is pleased to report assay results from three diamond drill holes at the ongoing drill programme at the United Downs copper – tin project, Cornwall, UK.

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Key Points

• Drill hole UD21-011A intersected five parallel zones of high-grade copper/tin/silver mineralisation beneath the historic United Mines (see Long Section and Cross Section here), as tabulated below;
• United Mines operated between approximately 1700 and 1870 as a high-grade underground copper mine with historical grades reported to be in excess of 7.5% copper;
• This is the third drill hole to intersect the down dip extension of United Mines.  GWDD-001 and GWDD-002 (drilled in 2020) intersected 6.91m grading 0.80% copper, and 4.04m grading 4.44% copper and 2.06% tin (see Long Section below);
• High grade mineralisation has now been confirmed over a 500m strike length and is open along strike and to depth;
• The next drill hole is planned to test this mineralisation a further 400m along strike to the east;
• High-grade copper (+ tin-silver) mineralisation in this region is hosted in metasediments (locally known as “killas”), which overlie granite;
• The killas are projected to extend at least 400m below the intercepts in UD21-011A; and
• The granite underlying United Downs is considered to be highly prospective for tin mineralisation, as it is at the Company’s South Crofty tin project, located 8km to the west.

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Cornish Metals management comments

“Management believes that these latest intersections clearly demonstrate the potential for United Downs to host a copper/tin/silver Mineral Resource to complement the identified tin Mineral Resource at South Crofty.

 

“Confirmation that high grade mineralisation continues beneath the historic United Mines validates the exploration potential we believe exists throughout Cornwall and within our mineral rights holdings.”

 

“It is very interesting to see the tin grades starting to appear in the deeper intersections, which adds weight to our theory that the whole United Downs area is prospective for tin beneath the old copper mines, the same zonation that is clearly evident at South Crofty, just a few kilometres to the west.”

Richard Williams, CEO, Cornish Metals

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

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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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City Investors Circle – London

Published their Mining Review for November 2021.

Companies commented upon include Fiore Gold, Calibre Mining, Newcore Gold, Minera Alamos, and Los Cerros.

Commodities discussed include gold, silver, copper, tin, and coking coal.

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City Investors Circle Mining Review for November 2021.

Companies commented upon include Newcore Gold, Minera Alamos, Apollo Consolidated, and Los Cerros.

We discuss the synergies between Fiore Gold and Calibre Mining as the two are set to merge into an enlarged Calibre early next year. The main focus is on the treasury and the ability to step up the pace of exploration at Fiore’s projects in Nevada.

Commodities discussed include gold, silver, copper, tin, and coking coal.

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To read the City Investors Circle Mining Review for November 2021, please click HERE

To subscribe to our newsletter and receive invitations to our events, 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.

Disclosure

At the time of writing the author holds shares in Apollo Consolidated, Fiore Gold, Los Cerros, Minera Alamos, and Newcore Gold, bought in the market on the day of purchase.

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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Westhaven Gold Corp. (TSX.V: WHN)

Announced drill results from its ongoing, fully-financed drill campaign at its 100% owned 17,623-hectare Shovelnose gold property.

Highlights included  85.45 Metres Of 1.09 g/t Gold And 2.43 g/t Silver.

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Westhaven Gold – Shovelnose Mountain vista, near Merritt, B.C.

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Westhaven Drills 85.45 Metres Of 1.09 g/t Gold And 2.43 g/t Silver, Including 3.14 Metres Of 10.80 g/t Gold And 24.80 g/t Silver At Shovelnose

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To read the full news release, please click HERE

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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.

Silver Tiger Metals Inc. (TSX.V: SLVR)

Has intersected high grade silver and gold mineralization in the Protectora and Caleigh veins within the El Tigre gold alteration zone approximately 1.7 kilometers north of the historic El Tigre Mine.[…]

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Silver Tiger – El Tigre Panoramic view

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SILVER TIGER INTERSECTS 2,049 g/t Ag Eq OVER 0.5 METERS ON THE PROTECTORA VEIN AND 1,121 g/t Ag Eq OVER 0.7 METERS ON THE CALEIGH VEIN AT EL TIGRE

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HALIFAX, NOVA SCOTIA – November 17, 2020 – Silver Tiger Metals Inc. (TSXV:SLVR and OTCQB:SLVTF) (“Silver Tiger” or the “Corporation”) has intersected high grade silver and gold mineralization in the Protectora and Caleigh veins within the El Tigre gold alteration zone approximately 1.7 kilometers north of the historic El Tigre Mine.

Silver Tiger is pleased to provide drill results for its first 10 drill holes on the Protectora and Caleigh veins approximately 1.7 kilometers north of the historic El Tigre Mine.

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Highlights from the drilling include the following:
● Hole 163 on the Protectora Vein – 0.5 meters grading 2,049.1 g/t Ag Eq from 16.9 meters to 17.4 meters consisting of 1,782 gpt Ag and 3.56 gpt Au and a second intercept of 0.5 meters grading 1,440.6 gpt Ag Eq from 51.9 meters to 52.4 meters consisting of 1,374 gpt Ag and 0.89 gpt Au
● Hole 164 on the Protectora Vein – 0.5 meters grading 1,592.5 g/t Ag Eq from 17 meters to 17.5 meters consisting of 805 gpt Ag and 10.50 gpt Au
● Hole 158 on the Caleigh Vein – 0.7 meters grading 1,121.6 g/t Ag Eq from 90 meters to 90.7 meters consisting of 815 gpt Ag and 4.09 gpt Au
● Hole 156 on the Caleigh Vein – 0.3 meters grading 1,284.0 g/t Ag Eq from 82 meters to 82.3 meters consisting of 752 gpt Ag and 7.09 gpt Au.
All of these high grade veins are within the El Tigre Formation, a gold alteration zone which can be up to 150 meters thick.

The silver equivalent ratios are based on a silver to gold price ratio of 75:1 (Ag:Au).

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Silver Tiger management comments

“The historic El Tigre Mine just to the south of our current drilling produced over 100 million silver equivalent ounces at an average grade of over 2 kilograms per ton silver equivalent between 1908 and 1938 (Craig, 2012).

“Our initial results from the first 10 holes of the 2020 drilling program on the Protectora and Caleigh Veins has intersected near surface high-grade silver mineralization similar to that mined a century ago at the historic El Tigre Mine.

“Just as exciting for us are the first intercepts of the gold alteration zone around the high grade silver veins like the gold halo that delivered the majority of our National Instrument 43-101 resource estimate around the historic El Tigre Mine.

“We are drilling with 3 diamond drill rigs and will continue to test the strike extensions of the Caleigh, Protectora and Fundadora Veins. I am very pleased with the rapid progress our drilling and exploration teams have made.”

Glenn Jessome, President and CEO of Silver Tiger

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

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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.

Disclosure

The writer holds stock in Silver Tiger Metals, bought in the market at the prevailing price on the day of purchase

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