City Investors Circle – Company watchlist.
|Ascot Resources||TSX||AOT||British Columbia Golden Triangle.
Restarting Premier Gold Mine.
Funded and construction is starting.
|Bardoc Gold||ASX||BDC||Western Australia, Kalgoorlie. Offtake agreement signed.
Exploration upside potential with numerous satellite pits.
Production decision due imminently
|Colonial Coal||TSX.V||CAD||British Columbia Peace River coalfields.
Massive resource of steel making (coking) coal, two projects
Awaiting a corporate action.
|Fiore Gold||TSX||F||Nevada. In production, cashflow positive, strong treasury
Utilising cashflow to develop Gold Rock satellite pit nearby
Early stage exploration on an adjoining trend.
|Galiano Gold||TSX||GAU||Ghana. Asanko producing gold mine 45% owned
JV with Gold Fields (45%), and the government of Ghana (10%)
Exploration at 100% owned projects using cashflow
|Gold Road Resources||ASX||GOR||Western Australia, in production, JV with Gold Fields.
Cashflow positive, funding huge exploration of 25,000 m.
Pays a dividend.
|Minera Alamos||TSX.V||MAI||Mexico.Sonoro State. Santana Mine under constuction,
funded to complete construction, near term production.
Two other projects, La Fortuna and Cerro de Oro.
|Neometals||ASX||NMT||Australia. Perth. A multi asset company
Focused on green metals and battery recycling.
Future producer of speciality metals amd advanced materials.
|Orla Mining||TSX||OLA||Mexico, Zacatecas State. Camino Rojo
Mine funded and under construction, low capex.
Cerro Quema copper gold project in Panama offers upside.
|Roxgold||TSX||ROXG||Burkina Faso, in production, cashflow positive
Constructing a new mine in the Ivory Coast.
Subject to a take over bid from Fortuna Silver
The following companies are exploration stories that we follow, and report their news.
They are generally less advanced than the list above, but at a stage where discoveries are often made, and shareholder value can be created. By definition they carry a greater degree of risk.
|03 Mining||TSX||0lll||Quebec, Canada. Near the Canadian Malartic Mine
Exploration potential in a gold mining ‘hotspot’
|American Creek||TSX||AMK||Golden Triangle, near Stewart, British Colombia
Free carry to production decision. JV with Tudor Gold
|Cabral Gold||TSX.V||CBR||Tapajos region, Para State, Brazil
Site of the word’s largest ever gold rush in the 1980’s
|Canuc Resources||TSX.V||CDA||Sonora, Mexico.
Exploration, San Javier Silver Project.
|Cartier||TSX.V||ECR||Abitibi Greenstone Belt, Quebec.
Multiple projects, main focus is the Chimo former producing mine
|Cornish Metals||TSX.V||CUSN||Cambourne, Cornwall, England
Former producing tin and copper mine
|Fosterville South||TSX.V||FSX||Victoria State, Australia.
Multi projects including adjoining Kirkland Lake’s Fosterville Mine.
|GoldMining Inc.||TSX||GOLD||Brazil, Canada, Colombia, USA. 14 projects
Acquiring and developing gold projects in the Americas
|Kootenay Silver||TSX.V||KTN||Chihuahua and Sonora, Mexico
Five silver projects in northern Mexico
|Los Cerros||ASX||LCL||Colombia, High grade gold and copper
Funded through the next round of drilling
High grade gold exploration, well funded for large drill program
|Nouveau Monde||TSX.V||NOU||Quebec. Matawinie graphite property, 150 km north of Montréal
Mine currently under construction
|Osisko Development||TSX.V||ODV||Cariboo District, British Columbia, Canada
Former Barkerville Gold property at Cariboo Mountain
|Radisson Mining||TSX.V||RDS||Abitibi Greenstone Belt, Quebec.
Large scale gold project at O’Brien
|Red River Resources||ASX||RVR||NSW and Queensland, Australia.
Producing gold mine, exploration potential
|Silver Tiger||TSX||SLVR||Sonora State, Mexico.
El Tigre, old producing silver mine, high grade silver
|Tinka Resources||TSX.V||TK||Ayawilca, Peru. Zinc, silver, and tin project
Large scale project, investment by Buenaventura
|Uranium Energy||NYSE||UEC||Texas, Wyoming, Paraguay. In situ uranium recovery.
Production currently suspended due to low uranium price
|Westhaven Gold||TSX.V||WHN||Merritt. British Columbia
Shovelnose Mountain, gold exploration.