White Gold Corp. Intersects 3.76 g/t Gold over 66.2m Successfully Extending the Golden Saddle Deposit at Depth and Also Discovers New Mineralized Zone „GS West“ Located 750m Along Trend from the Golden Saddle Deposit

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company" – http://www.commodity-tv.net/c/search_adv/?v=298556 ) is pleased to announce that a new shallow zone of gold mineralization has been discovered on trend with the Golden Saddle deposit at the Golden Saddle West (“GS West”) target on its White Gold property, Yukon. The GS West target is located approximately 750m west of the Golden Saddle deposit, along a structural trend containing several other targets, including the high-grade Ryan’s Showing discovery announced September 6, 2018.

Step out and infill drilling at Golden Saddle has also continued to return significant results, expanding the footprint and definition of the deposit. Maps to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.

The Company is also currently drilling at its JP Ross property to follow up on the high-grade Vertigo discovery as part of its fully funded regional exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). Additional results will be released in due course, along with further results from the additional testing performed along trend with the Golden Saddle Deposit on its White Gold property including the Ryan’s Showing discovery.

Highlights Include:

  • WHTGS18D0194 intersected 6.90 g/t over 23.64m from 427.11m depth, within broader mineralization of 3.76 g/t Au over 66.2m from 385.2m depth and 2.32 g/t Au over 115.61m from 346.24m depth extending the GS Main Zone and high-grade core of the Golden Saddle deposit by 60m (14%) down-dip in the area.
  • GS West: A new shallow mineralized zone open at depth and along strike was discovered 750m to the west of the Golden Saddle deposit along the structural trend, intersecting Golden Saddle style mineralization in all three holes, including 1.92 g/t Au over 24m from 117m depth WHTGS18D0184 within broader mineralization of 2.97 g/t Au over 10m from 118m depth.  
  • WHTGS18D0193 intersected 3.95 g/t Au over 68m from 210m depth, including 5.42 g/t Au over 47.3m from 225.7m depth, and 9.55 g/t Au over 11.9m from 256m depth infilling a 70m gap in the GS Main Zone and extending mineralization towards surface. This intercept represents one of the strongest and most consistent intercepts of high-grade (>5 g/t Au) mineralization to date for the Golden Saddle.
  • WHTGS18D0191 extended the projection of the GS Main Zone approximately 200m (69%) down dip in the area, intersecting 4.87 g/t Au over 6.3m from 362m depth within broader mineralization of 1.95 g/t Au over 22.3m from 347.6m depth.
  • The Company continues to test additional targets along trend with the Golden Saddle deposit as part of the program designed to expand the existing resource on the White Gold property, with only limited historical exploration having been performed in these areas.

“We are very pleased with these results from our 2018 program on the White Gold property. Making up approximately half of our 2018 budget, the goal of this program was to grow the Golden Saddle deposit through expansion along strike and down dip as well as through the discovery of new mineralization within close proximity to the deposit.” stated Jodie Gibson, VP Exploration of the Company.  “Our program has done just that – making meaningful step outs to the deposit and also making two significant discoveries this year along trend with Golden Saddle. With only limited exploration performed in the area, we are very optimistic about the potential for additional mineralization in close proximity to the Golden Saddle deposit.”

GS West Target, White Gold Property

The GS West is located approximately 750m west from the western edge of the Golden Saddle. Drilling on the target area consisted of 3 wide spaced holes testing over 350m of strike length. The purpose of the drilling was to evaluate the area for Golden Saddle style mineralization based on a revised geologic interpretation and projection of the Golden Saddle structural system. All three holes hit Golden Saddle style alteration and mineralization with the most significant results from WHTGS18D0184. Individual assays ranged from trace to 9.7 g/t Au.

WHTGS18D0184 returned 1.92 g/t Au over 24m from 117m depth, including 2.97 g/t Au over 10m from 118m depth and 8.12 g/t Au over 1.95m from 121.05m depth. The mineralization is associated with a strongly sericite altered, coarse grained, augen orthogneiss with pyrite and molybdenite filled fractures, quartz veining, and localised brecciation. The zone occurs along the projection of the GS Main structure to the west and highlights the significant potential for additional zones of near surface mineralization in close proximity to the Golden Saddle deposit.

The newly discovered zone was targeted with a revised geologic modeling based on DIGHEM, IP-Resistivity and historic drilling. The holes were targeting the interpreted intercept of the GS Main structure with a favorable felsic gneiss unit that hosts the majority of the resource in the adjacent Golden Saddle deposit. The discovery highlights the potential for additional, new surface, zones of mineralization adjacent to the Golden Saddle. Detailed geological modelling is in progress and will form the basis of follow up drilling in 2019.

Golden Saddle Deposit, White Gold Property

A total of 8,745m of diamond drilling over 18 holes was conducted on the Golden Saddle. The drilling included infill drilling for advanced metallurgical testing; aggressive step-out drilling down dip to assess continuity of the mineralized structures to depth and a series of holes for geologic modelling and to assess the continuity of mineralized zones within the hanging wall of the deposit. Results for the infill/metallurgical holes were previously released and include 6.89 g/t Au over 32.0m from 171m depth, including 11.08 g/t Au over 18.4m from 188m depth. Results for 10 additional holes are presented in the table below. Highlights include holes WHTGS18D0191, WHTGS18D0193 and WHTGS18D0194. Individual assays for the released results range from trace to 37.5 g/t Au and reported intercepts are estimated to range from 65 – >95% true thickness.

WHTGS18D0194

WHTGS18D0194 returned 2.32 g/t Au over 115.61m from 346.24m depth, including 3.76 g/t Au over 66.23m from 385.23m depth, including 6.90 g/t over 23.64m from 427.11m depth, including 14.21 g/t Au over 10.55m of from 440.2m depth. The hole was drilled from the same site as holes 189/190/191, but at an azimuth 80o and -68o dip, and was targeting the down-dip intersection of the GS Main and a cross-cutting thrust fault that hosts lenses of ultramafic rocks (serpentinite) within the core of the Golden Saddle. This intersection appears to be a significant control on high-grade (>3 g/t Au) mineralization within the deposit, and the intercept extended the GS Main, and high-grade core of the deposit, an additional 60m down-dip in the area.

WHTGS18D0193

WHTGS18D0193 is located 360m east of WHTGS18D0194 and was drilled at an azimuth of 225o and -50o dip. The hole was designed to drill across host lithologies in the Golden Saddle, which are oblique to mineralization, for geologic modelling purposes. Additionally, the hole would test for mineralization associated with lithologic contacts in the hanging wall of the deposit and infill the GS Main at depth. The hole returned 3.95 g/t Au over 68m from 210m depth, including 5.42 g/t Au over 47.3m from 225.7m depth and 9.55 g/t Au over 11.9m from 256m depth. The intercept corresponds to the GS Main infilling a 70m gap between holes WD-070 and WHTGS17D0170.

WHTGS18D0191

WHTGS18D0191 is located on the NW portion of the Golden Saddle and was drilled to assess the down dip potential of the GS Main Zone. The hole was drilled at a 160o azimuth and -85o dip and returned 1.95 g/t Au over 22.27m from 347.63m depth, including 4.87 g/t Au over 6.33m from 362m depth. The intercept extends the projection of the GS Main approximately 200m down dip from historic hole WD-053.

Two additional holes were drilled on the same section as WHTGS18D0191, WHTGS18D0189 and 190, at dips of -65o and -75o; respectively. WHTGS18D0189 is a 75m step-out to WD-053 and returned 0.32 g/t Au over 14.6m from 227m depth. While WHTGS18D0189 and WHTGS18D0190 are lower in grade due to the intersection of less favorable schistose lithology, they confirmed the extension of the GS Main structure. WHTGS18D0190 is a 55m step-out to hole 189 and returned 3.07 g/t Au over 7.65m from 309.35m depth, including 5.1 g/t Au over 3.75m from 312.25m depth. WHTGS18D0191, detailed above, was a further 70m step-out to hole 190. Together the GS Main has been traced from surface to 490m down-dip, and is open at depth, in this area of the deposit.

About White Gold Corp.

The Company owns a portfolio of 21,218 quartz claims across 34 properties covering over 423,000 hectares representing over 40% of the Yukon’s White Gold District. The Company’s flagship White Gold property has a mineral resource of 960,970 ounces Indicated at 2.43 g/t gold and 282,490 ounces Inferred at 1.70 g/t gold as set forth in the technical report entitled “Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada”, dated March 5, 2018, filed under the Company’s profile on SEDAR. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. Regional exploration work has also produced several other prospective targets on the Company’s claim packages which border sizable gold discoveries including the Coffee project owned by Goldcorp Inc. (TSX: G, NYSE:GG) with a M&I gold resource(1) of 4.1M oz and Western Copper and Gold Corporation’s Casino project which has P&P gold reserves(1) of 8.9M oz Au and 4.5B lb Cu. The Company has outlined an aggressive exploration plan backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). For more information visit www.whitegoldcorp.ca.

(1) Noted mineralization is as disclosed by the owner of each property respectively and is not necessarily indicative of the mineralization hosted on the Company’s property.

QA/QC

The analytical work for the 2018 program has been performed by Bureau Veritas Commodities Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, British Columbia laboratory.  Sample preparation was carried out at its Whitehorse, Yukon facility. All GT Probe, RAB, RC, and diamond core samples were prepared using procedure PRP70-250 (crush, split and pulverize 250 g to 200 mesh) and analyzed by method FA430 (30g fire assay with AAS finish) and AQ200 (0.5g, aqua regia digestion and ICP-MS analysis). Samples containing >10g/t Au were reanalyzed using method FA530 (30g Fire Assay with gravimetric finish). Metallic-screen analysis may also be utilized if coarse gold mineralization is encounter (FS600).

The work was completed using industry standard procedures, including a quality assurance/quality control (QA/QC) program consisting of the regular insertion of certified standards and blanks into the sample stream. The qualified person detected no significant QA/QC issues during review of the data.

Qualified Person

Jodie Gibson, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the content of this news release. 

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", “proposed”, "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated benefits to the Company and its shareholders respecting the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the White Gold properties; future growth potential of the Company, including whether any further mineral resources will be established in accordance with NI 43-101 at any of the Company’s properties; exploration results; and future exploration plans.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; failure to expand or identify any additional mineral resources; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the White Gold properties and the Company’s other properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mineral exploration and mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; and those factors described under the heading "Risks and Uncertainties" in the Company’s most recently filed management’s discussion and analysis. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSX Venture Exchange (the “Exchange”) nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:

David D’Onofrio
Chief Executive Officer
White Gold Corp.
(416) 643-3880
ddonofrio@whitegoldcorp.ca

In Europe:

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Nicola Mining bohrt 74 Meter mit 1,05% Kupfer

Nicola Mining Inc. (TSX.V: NIM; FRA: HLI) wirbt aktuell auf Google Adwords mit dem Slogan: “Nicola Mining could become Canada’s most exciting mining story”. Das klingt sehr selbstbewusst, ist aber, wenn man näher hinschaut, alles andere als aus der Luft gegriffen. Spätestens mit der heutigen Meldung ist offenkundig, dass sehr gute Gründe für diese Behauptung sprechen.

Der Fußabdruck des historischen Craigmont Kupferprojekts von Nicola Mining nahe Merritt in British Columbia wächst – und zwar in unmittelbarer Nähe der früheren Tagebaugrube. In einer Ringstruktur (Halo), nur rund 100 Meter vom historischen Abbau entfernt, hat das Unternehmen bei jüngsten Bohrungen Kupfergehalte von 1,05 Prozent auf einer Länge von 73 Metern entdeckt, darunter 31 Meter mit 2,1 Prozent Kupfer. Nicola besitzt an dieser Stelle die Abbaurechte. Weitere Bohrungen in der gleichen Zone sind im Gange. Die Veröffentlichung von Ergebnissen wird in Kürze erwartet.

Lesen Sie hier den vollständigen Bericht:

Nicola Mining bohrt 74 Meter mit 1,05% Kupfer

Abonnieren Sie unseren kostenlosen Newsletter: http://www.goldinvest.de/newsletter
Besuchen Sie uns auf YouTube: https://www.youtube.com/user/GOLDINVEST

Risikohinweis: Die GOLDINVEST Consulting GmbH bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf http://www.goldinvest.de zu veröffentlichen. Diese Inhalte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Des Weiteren ersetzten sie in keinster Weise eine individuelle fachkundige Anlageberatung und stellen weder ein Verkaufsangebot für die behandelte(n) Aktie(n) noch eine Aufforderung zum Kauf oder Verkauf von Wertpapieren dar. Es handelt sich hier ausdrücklich nicht um eine Finanzanalyse, sondern um werbliche / journalistische Texte. Leser, die aufgrund der hier angebotenen Informationen Anlageentscheidungen treffen bzw. Transaktionen durchführen, handeln vollständig auf eigene Gefahr. Es kommt keine vertragliche Beziehung zwischen der der GOLDINVEST Consulting GmbH und ihren Lesern oder den Nutzern ihrer Angebote zustande, da unsere Informationen sich nur auf das Unternehmen beziehen, nicht aber auf die Anlageentscheidung des Lesers.

Der Erwerb von Wertpapieren birgt hohe Risiken, die bis zum Totalverlust des eingesetzten Kapitals führen können. Die von der GOLDINVEST Consulting GmbH und ihre Autoren veröffentlichten Informationen beruhen auf sorgfältiger Recherche, dennoch wird jedwede Haftung für Vermögensschäden oder die inhaltliche Garantie für Aktualität, Richtigkeit, Angemessenheit und Vollständigkeit der hier angebotenen Artikel ausdrücklich ausgeschlossen. Bitte beachten Sie auch unsere Nutzungshinweise.

Gemäß §34b WpHG und § 48f Abs. 5 BörseG (Österreich) möchten wir darauf hinweisen, dass die GOLDINVEST Consulting GmbH und/oder Partner, Auftraggeber oder Mitarbeiter der GOLDINVEST Consulting GmbH Aktien der Nicola Mining Inc. halten und somit ein Interessenskonflikt besteht. Die GOLDINVEST Consulting GmbH behält sich zudem vor, jederzeit Aktien des Unternehmens kaufen oder verkaufen zu können. Dies kann unter Umständen den jeweiligen Aktienkurs des Unternehmens beeinflussen. Die GOLDINVEST Consulting GmbH hat aktuell eine Auftragsbeziehung mit dem Unternehmen oder möchte eine Auftragsbeziehung über das Unternehmen, über welches im Rahmen des Internetangebots der GOLDINVEST Consulting GmbH sowie in den sozialen Medien, auf Partnerseiten oder in Emailaussendungen berichtet wird, eingehen, was ebenfalls einen Interessenkonflikt darstellt. Die vorstehenden Hinweise zu vorliegenden Interessenkonflikten gelten für alle Arten und Formen der Veröffentlichung, die die GOLDINVEST Consulting GmbH für Veröffentlichungen zu Nicola Mining Inc. nutzt. Wir können außerdem nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen die von uns besprochenen Werte im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen. Für die Richtigkeit der in der Publikation genannten Kurse kann keine Garantie übernommen werden.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

FYI Resources präsentiert robuste HPA-Pre-Feasibility Studie

Heute früh, kurz vor Börsenschluss in Australien, hat FYI Resources Ltd. (ASX: FYI; FRA: SDL) die mit Spannung erwartete Pre-Feasibility Studie veröffentlicht. Das Papier umfasst mit Anmerkungsapparat 79 Seiten und genügt professionellen Anforderungen bis ins Detail. Vor diesem Hintergrund sollte die unmittelbare Reaktion des Marktes nicht überbewertet werden. Gewinnmitnahmen in Höhe von gerade einmal 50.000 AUD haben genügt, um die Aktie – trotz der guten News – geringfügig ins Minus zu schicken. Diese Tagesbilanz dürfte im größeren Zusammenhang betrachtet jedoch bedeutungslos sein, denn im Vordergrund stehen die herausragenden Ergebnisse und die muss der Markt offenbar erst einmal verdauen.

Das HPA-Projekt von FYI Resources liefert wirtschaftliche Daten, wie man sie selten sieht. Über die 25jährige Dauer des Projekts werden mehr als 2 Milliarden USD an frei verfügbarem Cash-Flow generiert. Die Investitionskosten von 179 Mio. USD sind nach 3,6 Jahren amortisiert, wobei eine vorsichtige Ausweitung der Produktion auf die Kapazität von 8.000 Tonnen HPA pro Jahr unterstellt wird. Später könnte die Anlage sogar auf 10.000 Tonnen HPA pro Jahr erweitert werden. Statt 506 Mio. USD NPV (10%) käme das Projekt dann sogar auf 675 Mio. USD NPV (10%). Man merkt der Studie an vielen Stellen an, dass die Verfasser versucht haben, Übertreibungen z.B. beim NPV zu vermeiden. Sie hätten leicht auch eine geringere Abzinsung verwenden können, oder einen höheren HPA-Preis. Diese Vorsicht wirkt wohltuend seriös.

Wichtig sind insbesondere die geringen operativen Kosten. Pro Tonne produziertem HPA (99,99 Prozent) werden Kosten (genauer Cash Cost) von 5.467 USD pro Tonne unterstellt. Dem steht ein angenommener Verkaufspreis von 24.000 USD pro Tonne HPA gegenüber. Zum Vergleich: In konventioneller Herstellung aus Aluminiummetall fallen pro Tonne HPA zwischen 15.000 bis 18.000 USD pro Tonne. Das bedeutet einen riesigen Wettbewerbsvorteil für FYI, wobei die Zahlen auch noch deutlich unter den Kosten des direkten Wettberbers Altech Chemicals (ASX: ATC) liegen.

Lesen Sie hier den vollständigen Bericht:

FYI Resources präsentiert robuste HPA-Pre-Feasibility Studie

Abonnieren Sie unseren kostenlosen Newsletter: https://goldinvest.de/newsletter
Besuchen Sie uns auf YouTube: https://www.youtube.com/user/GOLDINVEST

Risikohinweis: Die GOLDINVEST Consulting GmbH bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf http://www.goldinvest.de zu veröffentlichen. Diese Inhalte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Des Weiteren ersetzten sie in keinster Weise eine individuelle fachkundige Anlageberatung und stellen weder ein Verkaufsangebot für die behandelte(n) Aktie(n) noch eine Aufforderung zum Kauf oder Verkauf von Wertpapieren dar. Es handelt sich hier ausdrücklich nicht um eine Finanzanalyse, sondern ausdrücklich um werbliche / journalistische Texte. Leser, die aufgrund der hier angebotenen Informationen Anlageentscheidungen treffen bzw. Transaktionen durchführen, handeln vollständig auf eigene Gefahr. Es kommt keine vertragliche Beziehung zwischen der der GOLDINVEST Consulting GmbH und ihren Lesern oder den Nutzern ihrer Angebote zustande, da unsere Informationen sich nur auf das Unternehmen beziehen, nicht aber auf die Anlageentscheidung des Lesers.

Der Erwerb von Wertpapieren birgt hohe Risiken, die bis zum Totalverlust des eingesetzten Kapitals führen können. Die von der GOLDINVEST Consulting GmbH und ihre Autoren veröffentlichten Informationen beruhen auf sorgfältiger Recherche, dennoch wird jedwede Haftung für Vermögensschäden oder die inhaltliche Garantie für Aktualität, Richtigkeit, Angemessenheit und Vollständigkeit der hier angebotenen Artikel ausdrücklich ausgeschlossen. Bitte beachten Sie auch unsere Nutzungshinweise.

Gemäß §34b WpHG i.V.m. FinAnV (Deutschland) und gemäß Paragraph 48f Absatz 5 BörseG (Österreich) möchten wir darauf hinweisen, dass die GOLDINVEST Consulting GmbH, Partner, Autoren, Auftraggeber oder Mitarbeiter der GOLDINVEST Consulting GmbH Aktien der FYI Resources halten und somit ein Interessenskonflikt besteht. Die GOLDINVEST Consulting GmbH behält sich zudem vor, jederzeit Aktien des Unternehmens kaufen oder verkaufen zu können. Dies kann unter Umständen den jeweiligen Aktienkurs des Unternehmens beeinflussen. Die GOLDINVEST Consulting GmbH hat aktuell eine entgeltliche Auftragsbeziehung mit dem Unternehmen über welches im Rahmen des Internetangebots der GOLDINVEST Consulting GmbH sowie in den sozialen Medien, auf Partnerseiten oder in Emailaussendungen berichtet wird. Die vorstehenden Hinweise zu vorliegenden Interessenkonflikten gelten für alle Arten und Formen der Veröffentlichung, die die GOLDINVEST Consulting GmbH für Veröffentlichungen zu FYI Resources nutzt. Wir können außerdem nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen die von uns empfohlenen Werte im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen. Für die Richtigkeit der in der Publikation genannten Kurse kann keine Garantie übernommen werden.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Cypress Development Announces Strong PEA Economics And Increased Resource At Clayton Valley Lithium Project

.
1. Introduction

Despite negative sentiment in commodities and especially lithium of late, Cypress Development (TSXV: CYP; OTC: CYDVF; FRA: C1Z1) keeps delivering the goods at their Clayton Valley Lithium project in Nevada at high speed. A Preliminary Economic Assessment (PEA) was announced at September 6, 2018, and the resulting economics were impressive. An after-tax NPV of US1.45B at a 8% discount rate and an after-tax IRR of 32.7% (LCE price of US$13,000/t) indicate the large size of Clayton Valley, making it a potential buyout or JV target for one of the major players like nearby Albemarle. This is exactly the kind of growth CEO Bill Willoughby had in mind when he signed up with Cypress Development, as he saw the potential for the large assets of Cypress one day gaining serious attention. Let’s have a look where Clayton Valley stands at the moment, after this PEA.

All presented tables are my own material, unless stated otherwise.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

2. PEA

The new PEA wasn’t just an impressive study in itself, as it beat my expectations for NPV (my hypothetical NPV7.5 @US$12,000 would come in at US$966M vs the PEA NPV8 of US$1260M, on the other hand the hypothetical IRR at 33.8% was slightly better vs the PEA IRR of 29%), Cypress Development also updated their resource statement. Notwithstanding the first NI43-101 compliant resource estimate of 6.5Mt LCE which was already world class, the company now has almost 9Mt LCE (see green markers).

Again, as a continuous reminder, examples of world class sized LCE deposits in each category are brine projects like Cauchari/Olaroz (Orocobre: 6.4Mt LCE, SQM/Lithium Americas 11.7Mt LCE), clay projects like Sonora or Thacker Pass (Bacanora: 7.2Mt LCE/Lithium Americas: 8.3Mt) or hard rock projects like Whabouchi (Nemaska: 4.06 Mt LCE). Although Cypress doesn’t have reserves yet, for size it is the largest clay-hosted deposit in the Americas at the moment.

For the PEA the company has elected to use only the high grade portion to the east of the deposit (see red marker), with an average grade of plant feed ore of 1012 ppm Li. This is a viable option as the deposit is so big, that high grading it results in a life of mine of 40 years at an annual production of 24,000t LCE anyway.

In order to discuss the PEA metrics a bit further, it is always useful to see those metrics lining up with the data of other peer projects. In this case there are 3 clayhosted projects (although Rhyolite Ridge of Global Geoscience has low clay content), of which Bacanora’s Sonora is hectorite clay which means it can’t be leached by acid at all, and needs very expensive roasting. Thacker Pass of Lithium Americas seems to have non hectorite bearing host rock (smectite and Illite clay) but sample material is called hectorite by metallurgical description, nevertheless they still can use acid leaching, and Rhyolite Ridge of Global Geoscience can use acid leaching as well. This last project is the only one without a completed economic study, but some work has been done already for a small (end target is a 30y LOM project) PFS study, and Australian companies can report these findings easier than Canadian ones, so some metrics are already available for the audience. On a sidenote: Global Geoscience has hired Amec Foster Wheeler for their upcoming PFS, and I consider Amec the single best engineering firm out there by a countrymile, so in my view this study could become a future reference for likewise projects. Here we go.

I have normalized the post-tax NPV and IRR for a lithium carbonate equivalent (LCE) price of $10,500/t, which I deem a reasonable and fairly conservative lithium product price. As we can see in the next chart, these prices have been much higher for the last 2 years or so, but the long-term contract prices are hovering around $13,000/t now, and as far as I am concerned this is the market where serious producers are doing business, and not the much smaller spot market, where prices are much more volatile:

I can see this bottoming easily at $10,000-11,000/t so $10,500/t seems like a realistic midpoint to me. The very bearish Morgan Stanley report was timed to perfection in itself, but I don’t see for example SQM bringing online the projected 500kt LCE anytime soon, resulting in the dreaded oversupply from the end of 2019 onwards, as they already have big issues expanding modestly as it is. It might be the case that the trade war between the US and China is putting the brakes on the world economy, and in turn this could have an effect on electric vehicle (EV) demand which means less demand for batteries and thus lithium, but as I don’t have a good grasp on the machinations of the lithium spot market, I don’t really have a good explanation on why lithium product prices dropped off so sharply over there the last 6 months or so. Maybe the negative commodity sentiment influenced small traders working with the most risky metals the most. Enough about the lithium price, let’s continue with the PEA.

When we look at the peer comparison, it will be clear that Thacker Pass comes closest to Clayton Valley, as both projects use acid tank leaching, and the ore is claystone hosted, although the ore from Thacker Pass seems to have slightly hectorite characteristics as mentioned. To what extent isn’t really clear, but what is clear is that opex and the capex/tpd ratio of Thacker Pass are significantly influenced by this, as both are much higher than the numbers for Clayton Valley. One of the reasons is that Thacker Pass needs about triple the amount of acid per tonne ore. Acid consumption is by far the biggest opex item for Cypress, as can be seen here:

And the acid plant isn’t cheap either.

When we look at the PFS of Thacker Pass, we see relatively equally high costs for utilities & reagents, and raw materials for the acid plant accounted for like this: reagents are $18.14/t,  raw materials for the acid plant $22.18/t, mining costs are $7/t, so this adds up pretty quickly, resulting in much higher opex compared to Clayton Valley. On a side note, a further item in the Thacker Pass PFS that I found to be interesting was the dewatering pump capacity with a peak of 340m3/hour, which is substantial. This might even influence the processing of mined claystone, as wet ore behaves differently.

The absence of hectorite ore at Clayton Valley is another reason that CEO Willoughby was excited to join Cypress. As he mentioned to me: “Early on, I saw leach tests from surface samples on Cypress’ property which showed the lithium was soluble in water and dilute acid. This was a good indication the lithium wasn’t present in hectorite.” I asked him if he didn’t think 10% contingency on opex was on the low side, and acid consumption could increase after further testing, and the answer was he even thinks they can go from 125kg acid/t ore to 100kg acid/t ore, which would shave off another estimated $1.5-2/t of opex, increasing after-tax IRR with an estimated 2-3% and the after-tax NPV8 with an estimated $40-60M.

In case you wondered what the item Indirect Capital Costs stands for, as it isn’t really the margin for error, have a look at the indirect costs of Thacker Pass.

As Thacker Pass has more substantial stripping costs because of a higher strip ratio, Cypress has almost no stripping/pre-stripping as mineralization frequently begins at surface at Clayton Valley.   

As no blasting or drilling is required, mining is very simple. Engineering firm GRE evaluated four options for mine equipment and mill feed transportation, and selected an in-pit feeder-breaker with slurry pumping for the base case.

The only major piece of mobile equipment is a front-end loader to feed the in-pit feeder-breaker.

Such earth-moving monsters are capable of scooping up 40-70t in one move, meaning one front-end loader could feed the processing plant at nameplate capacity. Waste mining is minimal, amounting to a total of 6Mt over the 40 year mine life, resulting in the very low strip ratio of 0.025:1.

The plant design of Clayton Valley includes agitated tank leaching, and a multi-stage thermal-mechanical evaporation system for concentrating leach solution. Slurried feed is transported to the mill where lithium extraction is achieved through leaching at elevated temperatures with dilute sulfuric acid. The sulfuric acid concentration is targeted at 5%, with the addition of concentrated acid delivered from the on-site 2,000 tpd acid plant. Steam from this acid plant will be used for heating in the leaching and evaporation stages of processing.

The retention time of pregnant solution in the leach circuit is estimated at 4 to 6 hours with acid consumption estimated at 125 kg per tonne of feed as mentioned. This is an advantage compared to the cheaper vat leach method which Global Geoscience intends to use, which takes much more time (days) and would need a much bigger plant for the same production. Net recovery of lithium throughout processing is estimated at 81.5%. Tailings are aimed to be dry stacked, which will improve permitting procedures.

Process water for the operation will be obtained by recycling barren leach solution after treating in a reverse osmosis plant, and by introducing fresh make-up water, estimated at 345 m3/hour and delivered via pipeline from a well field located off-site. Reducing fresh water needs as much as possible is also an advantage in Nevada, which is known for its water rights which can be owned by private individuals, and complicated permitting around using these water rights.

3. Next steps

The biggest issue for Cypress Development is the viability of the recovery method. Preliminary test results continue to be positive according to management, but the company has to prove their method at a commercial scale at one point. When discussing this, and the potential need for a pilot plant, with CEO Willoughby, he answered that a pilot plant wasn’t needed to complete a PFS, this was only needed for a FS. They are already looking at acquiring an existing pilot plant for this purpose. At the same time, he indicated that he wasn’t convinced they would have to get a PFS first before going towards a FS.

In his view the recently completed PEA was already at the level of a PFS with respect to cost estimates, only some more drilling and metallurgical work would be needed for a PFS. He would rather see that Cypress would spend money on a FS in that case. Such an advanced study would be scheduled for completion by next summer by his estimates. As the treasury contains just C$500k at the moment, the company needs to raise sufficient cash in order to complete permitting and the FS. This means they have enough money to do additional met work as recommended by GRE. Cypress intends to proceed with this recommendation as soon as possible, beginning with the collection of representative sample material.

The release of the PEA caused an unexpectedly fierce liquidity event, causing the share price to drop over 25% in a few days. Unexpected, as the PEA economics are robust, and the share price had held up strongly compared to almost all lithium competitors, who already shed 25-60% in the last few months, after overall- and lithium sentiment turned negative. It is possible that investors expected or hoped for a lower capex, as it would be a hugely dilutive event to finance capex by itself, at such a tiny market cap of C$19.8M. But in my view a US$482M capex is below average for the usual lithium project, as these are big ventures, and at some point Nemaska and Orocobre were tiny too.

A PEA is still early stage as a development stage, so it usually gets discounted quite a bit until it advances further, depending on the various parameters and economics of the project. With Cypress, the recovery method needs proof so I can imagine the markets are still willing to assign an increased discount to this as long as the method hasn’t been proven on a commercial scale. When Cypress manages to achieve success in this regard, the re-rating should be pretty significant, as the conservative NPV8 @US$10,500/t Li is about 62 times the current market cap.

4. Conclusion

The resource update for Clayton Valley ranks this project as the largest lithium clay deposit in the Americas, and the accompanying PEA indicated robust economics, holding up well at 20% lower lithium product prices. This comes in handy, as lithium prices are having a hard time these days. After this PEA, Cypress Development will probably start to appear on the radar of most major lithium producers/processors, and management already indicated they received interest from several of those parties to talk business. An important part of convincing others is proving up recovery at a commercial scale, and it is up to CEO Willoughby, who has a PhD in mining engineering and metallurgy, to lead this effort. Management is deciding now whether they want to proceed with a PFS or a FS, which will determine their financing needs and timeline. I am curious what their next steps will be, as an interested shareholder.

I hope you will find this article interesting and useful, and will have further interest in my upcoming articles on mining. To never miss a thing, please subscribe to my free newsletter at www.criticalinvestor.eu, in order to get an email notice of my new articles soon after they are published.

Disclaimer:

The author is not a registered investment advisor, and has a long position in this stock. Cypress Development is a sponsoring company. All facts are to be checked by the reader. For more information go to www.cypressdevelopmentcorp.com and read the company’s profile and official documents on www.sedar.com, also for important risk disclosures. This article is provided for information purposes only, and is not intended to be investment advice of any kind, and all readers are encouraged to do their own due diligence, and talk to their own licensed investment advisors prior to making any investment decisions.

Please find tables and pictures in the attachement.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

White Gold Corp Acquires & Stakes Properties Around New Discovery on JP Ross Property, Yukon

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company" – http://www.commodity-tv.net/c/search_adv/?v=298556 ) is pleased to announce that it has reached agreement to acquire a 100% interest in a portfolio of mining claims comprising the Henderson, Flow/Work Creek and Birdman properties (collectively, the “Properties”) from Independence Gold Corp. (TSX.V: IGO) (“IGO”) in exchange for an aggregate cash payment of $35,000, 160,000 common shares in the capital of the Company (the “Shares”), and two 1% net smelter return (“NSR”) royalties on the Properties. The Properties are comprised of an aggregate of 920 claims representing approximately 18,000 hectares of land in the White Gold District. The Company has also staked 299 claims adjacent to the JP Ross and Hen properties (the “Staked Claims”). The acquisitions extend the Company’s land package immediately to the west and south of the Company’s JP Ross property in the area surrounding the recently announced discovery and increases the Company’s landholdings in the Yukon to 409,000 hectares. Maps further detailing the property locations can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.

Under the terms of the agreements to acquire the Properties, IGO will maintain: (i) a 1.0% NSR royalty over the claims comprising the Henderson property, which can be purchased by the Company at any time for $2,000,000; and (ii) a 1.0% NSR royalty over the claims comprising the Flow/Work Creek property, which can be purchased by the Company at any time for $1,000,000. The Shares to be issued as partial consideration to IGO will be subject to a four month and one day regulatory hold period from the date of closing. The acquisition of the Properties is expected to close this week and remains subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”).

David D’Onofrio, Chief Executive Officer of the Company, stated, “The acquisition of these properties and claims add substantially to our holdings surrounding the recent exciting discovery on JP Ross and further expands our dominant position in the White Gold District.  We are looking forward to the additional results from the exploration conducted on JP Ross and our other targets to be released in due course”.

Newly Acquired and Staked Property Information

The acquisition of the Properties and the Staked Claims consolidates and expands the Company’s already substantial land position in the White Gold District and adds strategic land surrounding the site of the recent discovery at the Vertigo target.

The Henderson property is situated within a prolific placer mining camp. Abundant, coarse placer gold has been recovered from creek gravels that overlie inferred fault intersections at two places on North Henderson Creek. There are indications that known mineralized structures on the Companies JP Ross property continue onto the Henderson property.

The Staked Claims are immediately south of the Company’s JP Ross property in the area surrounding the Vertigo discovery. The Company staked 275 claims adjacent to the JP Ross property and 24 claims adjacent to the Company’s Hen property.

Included in the Properties are Flow/Work Creek and Birdman which are also contiguous to properties owned by the Company.

Upcoming Conferences

Management of the Company will be presenting at several upcoming conferences to provide a corporate update, answer questions and provide details on the recent discoveries and have also been selected for special group presentations as follows:

Precious Metals Summit

Beaver Creek, Colorado – September 20-22, 2018
Presentation: Thursday, September 20, 2018 at 3:30-3:45 PM in Room 1 – Heritage Hall, Ford Center
More Information: http://www.precioussummit.com/event/2018-summit-colorado/

Denver Gold Forum

Colorado Spring, Colorado – September 23-26, 2018
Presentation: Monday, September 24, 2018 at 4:45-5:00 PM in Broadmoor Hall F
More Information: https://www.denvergoldforum.org/

Please reach out to management if you would like to book a meeting at either of these conferences.

About White Gold Corp.

The Company owns a portfolio of 20,501 quartz claims across 30 properties covering over 409,000 hectares representing approximately 40% of the Yukon’s White Gold District. The Company’s flagship White Gold property has a mineral resource of 960,970 ounces Indicated at 2.43 g/t gold and 262,220 ounces Inferred at 1.70 g/t gold as set forth in the technical report entitled “Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada”, dated March 5, 2018, filed under the Company’s profile on SEDAR. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. Regional exploration work has also produced several other prospective targets on the Company’s claim packages which border sizable gold discoveries including the Coffee project owned by Goldcorp Inc. (disclosed M&I gold resource of 4.1M oz) and Western Copper and Gold Corporation’s Casino project (disclosed P&P gold reserves of 8.9M oz Au and 4.5B lb Cu). The Company has outlined an aggressive exploration plan to further explore its properties. For more information visit www.whitegoldcorp.ca.

Qualified Person

Jodie Gibson, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and has reviewed and approved the content of this news release. 

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated benefits to the Company and its shareholders respecting the acquisition of the Properties and the Staked Claims, timing and completion of the acquisition of the Properties, and the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the White Gold properties; future growth potential of the Company, including whether any mineral resource will be established in accordance with NI 43-101 at any of the Company’s properties; exploration results; and future exploration plans.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the acquisition of the Properties and the Staked Claims and the exploration conducted and proposed to be conducted at the White Gold properties; failure to identify mineral resources; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the White Gold properties and the Company’s other properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; and those factors described under the heading "Risks and Uncertainties" in the Company’s most recently filed management’s discussion and analysis. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:

David D’Onofrio
Chief Executive Officer
White Gold Corp.
(416) 643-3880
ddonofrio@whitegoldcorp.ca

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Portofino: Salar Rio Grande liefert erste ermutigende Lithiumproben

Portofino Resources (TSX.V: POR; FRA: POT) hat erste Probeergebnisse aus seinem Lithiumsoleprojekt Rio Grande Sur in Catamarca, Argentinien, bekannt gegeben. Das Konzessionsgebiet von Portofino grenzt an die Konzessionen von LSC Lithium Corp. („LSC”) im Gebiet Rio Grande an. Auf 13 Standorten wurden oberflächennahe Solen in je einem Meter Tiefe getestet. Die Proben erreichten Werte von bis zu 216 mg/l Lithium (Li) und 4.185 mg/l Kalium (K).

Die Konzessionen des Unternehmens bei Rio Grande Sur beinhalten eine der Hauptwasserquellen für die Solen des Salars Rio Grande in nördlicher Richtung. Die Ergebnisse des jüngsten Testprogramms deuten darauf hin, dass es Standorte gibt, an denen das Lithium im Konzessionsgebiet konzentriert ist. Das Vorkommen von Lithium in Quellwasser an der Oberfläche ist von besonderem Interesse, da dies darauf hinweist, dass dieses Gebiet auch eine wichtige Lithiumquelle für den gesamten Salar darstellen könnte.

Lesen Sie hier den gesamten Bericht:

Portofino: Salar Rio Grande liefert erste ermutigende Lithiumproben
 

Abonnieren Sie unseren kostenlosen Newsletter: https://goldinvest.de/newsletter
Besuchen Sie uns auf YouTube: https://www.youtube.com/user/GOLDINVEST

Risikohinweis: Die GOLDINVEST Consulting GmbH bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf www.goldinvest.de zu veröffentlichen. Diese Inhalte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Es handelt sich vielmehr um werbliche / journalistische Texte. Des Weiteren ersetzten sie in keinster Weise eine individuelle fachkundige Anlageberatung. Leser, die aufgrund der hier angebotenen Informationen Anlageentscheidungen treffen bzw. Transaktionen durchführen, handeln vollständig auf eigene Gefahr. Der Erwerb von Wertpapieren dieser Art birgt hohe Risiken, die bis zum Totalverlust des eingesetzten Kapitals führen können. Die GOLDINVEST Consulting GmbH und ihre Autoren schließen jedwede Haftung für Vermögensschäden oder die inhaltliche Garantie für Aktualität, Richtigkeit, Angemessenheit und Vollständigkeit der hier angebotenen Artikel ausdrücklich aus. Bitte beachten Sie auch unsere Nutzungshinweise.

Gemäß §34b WpHG i.V.m. FinAnV (Deutschland) und gemäß Paragraph 48f Absatz 5 BörseG (Österreich) möchten wir darauf hinweisen, dass Partner, Autoren, Auftraggeber oder Mitarbeiter der GOLDINVEST Consulting GmbH Aktien der Portofino Resources halten und somit ein Interessenskonflikt besteht. Wir können außerdem nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen die von uns empfohlenen Werte im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen. Ferner besteht zwischen der GOLDINVEST Consulting GmbH und Portofino Resources ein Beratungs- oder sonstiger Dienstleistungsvertrag, der beinhaltet, dass die GOLDINVEST Consulting GmbH über die Portofino Resources berichtet, womit ebenfalls ein Interessenkonflikt gegeben ist.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

White Gold Makes New High-Grade Gold Discovery Along Trend with Golden Saddle Deposit Including 20.64 g/t Au Over 6.1m & 5.02 g/t Au Over 13.2m at Ryan’s Showing Target on White Gold Property, Yukon

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company" – http://www.commodity-tv.net/c/search_adv/?v=298556) is pleased to announce that high-grade gold mineralization has been discovered at shallow depths on multiple drill holes on the Ryan’s Showing Target, located along trend with the Company’s flagship Golden Saddle deposit 2 KM to the west. The drill holes were completed using Reverse Circulation (“RC”) drilling which is used by the Company to drill shallow, sub-200m holes more cost efficiently than traditional exploration. The drilling was part of the Company’s 14,500m drill program focused on expansion of the existing gold resource on the White Gold property. This program includes expansion of the Golden Saddle deposit and exploration of nearby targets such as the Ryan’s Showing. A diamond drill will be moved to the discovery site to perform additional exploration. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.

Highlights Include:

  • Discovery hole WHTRYN18RC0001 intersected 20.64 g/t Au over 6.10m from 83.82m depth, with individual assays ranging from 7.07 g/t to 39.8 g/t Au.
  • WHTRYN18RC0002 intersected 5.02 g/t Au over 13.17 from 121.92m depth, including 9.25 g/t Au over 4.57m from 123.44m depth 100m to the west of the discovery hole.
  • Newly discovered mineralized zone is associated with an east-west oriented, north dipping, structure as shown in Lidar imagery, DIGHEM and IP-Resistivity, which remains open along strike and at depth, and demonstrates the potential for multiple mineralized structures.
  • Discovery situated on 800m x 115m soil anomaly with values from trace up to 1576 ppb Au, on trend with the Golden Saddle with the area between Ryan Showing and Golden Saddle deposit historically unexplored.  
  • Historic drill hole(1) in the area (WGRS11D0003) which was drilled subparallel to the structural trend returned 6.34 g/t Au over 6.56m from 159.44m depth
  • The Company continues to test similar targets as part of the program designed to expand the existing resource on the White Gold property.

“We are very excited about the discovery of a significant new high-grade gold zone 2 KM from the Golden Saddle. We have recognized the potential of satellite deposits near the Golden Saddle which would have the potential to greatly increase the size of the Company’s resource,” stated Jodie Gibson, VP Exploration of the Company.  “This is one of many promising targets on the White Gold property tested this year and we are looking forward to the additional results in due course.”

Ryan’s Showing Target, White Gold Property

The Ryan’s Showing is located approximately 2km west of the Golden Saddle deposit on the White Gold property and consists of gold in soil anomalies (trace to 1576 ppb Au) associated with a distinct east-west oriented, north dipping, structure visible in Lidar imagery, DIGHEM, and IP-Resistivity. One historic drill hole(1) in the area (WGRS11D0003) was drilled subparallel to the structural trend approximately 200m north west of WHTRYN18RC0001 which returned 6.34 g/t Au over 6.56m from 159.44m depth; indicating the potential for high grade mineralization in the area which has been confirmed by holes WHTRYN18RC0001 and WHTRYN18RC0002. The area along trend from the Golden Saddle deposit to the Ryan Showing has been historically unexplored. In 2018, the Company has performed some additional exploration along trend and results will be released in due course.

Discovery Drill Holes

Four drill holes totalling 681.22m were completed on the Ryan’s Showing this year. WHTRYN18RC001 returned 6.10m of 20.64 g/t Au from 83.82m depth, with individual assays in the zone ranging from 7.07 to 39.8 g/t Au. WHTRYN18RC002 is located 100m west of WHTRYN18RC001 and returned 13.72m of 5.02 g/t Au from 121.92m depth; including 4.57m of 9.25 g/t Au from 123.44m depth. The current geologic interpretation indicates that neither WHTRYN18RC003 & 004, located approximately 150m to the west and northwest of WHTRYN18002, respectively, were drilled deep enough to intersect the mineralized structure(s). The reported RC holes were drilled at a 180o azimuth and -60o dip.

Follow-up diamond drilling is planned for the target and will be commenced during the 2018 season.

Significant drill results from the Ryan Showing are detailed in the table below.

There is not currently enough information to estimate true thickness of the mineralization at this time.

The White Gold Property is located 95km south of Dawson City, Yukon. The property’s 1,792 claims totaling 34,951 hectares are 100% owned by the Company. The property has an airstrip, barge access, and a fully operational 100-person camp. The Yukon Resource Gateway Project funded by the federal and territorial governments will provide year-round road access to the property.

  • Reported in Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada by Gilles Arseneau, P.Geo. dated Sept. 15th, 2017 and available on SEDAR.

About White Gold Corp.

The Company owns a portfolio of 19,606 quartz claims across 30 properties covering over 390,000 hectares representing approximately 40% of the Yukon’s White Gold District. The Company’s flagship White Gold property has a mineral resource of 960,970 ounces Indicated at 2.43 g/t gold and 262,220 ounces Inferred at 1.70 g/t gold as set forth in the technical report entitled “Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada”, dated March 5, 2018, filed under the Company’s profile on SEDAR. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. Regional exploration work has also produced several other prospective targets on the Company’s claim packages which border sizable gold discoveries including the Coffee project owned by Goldcorp Inc. (disclosed M&I gold resource of 4.1M oz) and Western Copper and Gold Corporation’s Casino project (disclosed P&P gold reserves of 8.9M oz Au and 4.5B lb Cu). The Company has outlined an aggressive exploration plan to further explore its properties. For more information visit www.whitegoldcorp.ca.

QA/QC

The analytical work for the 2018 program has been performed by Bureau Veritas Commodities Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, British Columbia laboratory.  Sample preparation was carried out at its Whitehorse, Yukon facility. All GT Probe, RAB, RC, and diamond core samples were prepared using procedure PRP70-250 (crush, split and pulverize 250 g to 200 mesh) and analyzed by method FA430 (30g fire assay with AAS finish) and AQ200 (0.5g, aqua regia digestion and ICP-MS analysis). Samples containing >10g/t Au were reanalyzed using method FA530 (30g Fire Assay with gravimetric finish). Metallic-screen analysis may also be utilized if coarse gold mineralization is encounter (FS600).

The work was completed using industry standard procedures, including a quality assurance/quality control (QA/QC) program consisting of the regular insertion of certified standards and blanks into the sample stream. The qualified person detected no significant QA/QC issues during review of the data.

Qualified Person

Jodie Gibson, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under NI 43-101 and has reviewed and approved the content of this news release. 

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", “proposed”, "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated benefits to the Company and its shareholders respecting the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the White Gold properties; future growth potential of the Company, including whether any further mineral resources will be established in accordance with NI 43-101 at any of the Company’s properties; exploration results; and future exploration plans.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; failure to expand or identify any additional mineral resources; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the White Gold properties and the Company’s other properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; and those factors described under the heading "Risks and Uncertainties" in the Company’s most recently filed management’s discussion and analysis. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSX Venture Exchange (the “Exchange”) nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:

David D’Onofrio
Chief Executive Officer
White Gold Corp.
(416) 643-3880
ddonofrio@whitegoldcorp.ca

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch  

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

White Gold Makes New High-Grade Gold Discovery Along Trend with Golden Saddle Deposit Including 20.64 g/t Au Over 6.1m & 5.02 g/t Au Over 13.2m at Ryan’s Showing Target on White Gold Property, Yukon

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce that high-grade gold mineralization has been discovered at shallow depths on multiple drill holes on the Ryan’s Showing Target, located along trend with the Company’s flagship Golden Saddle deposit 2 KM to the west. The drill holes were completed using Reverse Circulation (“RC”) drilling which is used by the Company to drill shallow, sub-200m holes more cost efficiently than traditional exploration. The drilling was part of the Company’s 14,500m drill program focused on expansion of the existing gold resource on the White Gold property. This program includes expansion of the Golden Saddle deposit and exploration of nearby targets such as the Ryan’s Showing. A diamond drill will be moved to the discovery site to perform additional exploration. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.

Highlights Include:

  • Discovery hole WHTRYN18RC0001 intersected 20.64 g/t Au over 6.10m from 83.82m depth, with individual assays ranging from 7.07 g/t to 39.8 g/t Au.
  • WHTRYN18RC0002 intersected 5.02 g/t Au over 13.17 from 121.92m depth, including 9.25 g/t Au over 4.57m from 123.44m depth 100m to the west of the discovery hole.
  • Newly discovered mineralized zone is associated with an east-west oriented, north dipping, structure as shown in Lidar imagery, DIGHEM and IP-Resistivity, which remains open along strike and at depth, and demonstrates the potential for multiple mineralized structures.
  • Discovery situated on 800m x 115m soil anomaly with values from trace up to 1576 ppb Au, on trend with the Golden Saddle with the area between Ryan Showing and Golden Saddle deposit historically unexplored.
  • Historic drill hole(1) in the area (WGRS11D0003) which was drilled subparallel to the structural trend returned 6.34 g/t Au over 6.56m from 159.44m depth
  • The Company continues to test similar targets as part of the program designed to expand the existing resource on the White Gold property.

“We are very excited about the discovery of a significant new high-grade gold zone 2 KM from the Golden Saddle. We have recognized the potential of satellite deposits near the Golden Saddle which would have the potential to greatly increase the size of the Company’s resource,” stated Jodie Gibson, VP Exploration of the Company.  “This is one of many promising targets on the White Gold property tested this year and we are looking forward to the additional results in due course.”

Ryan’s Showing Target, White Gold Property

The Ryan’s Showing is located approximately 2km west of the Golden Saddle deposit on the White Gold property and consists of gold in soil anomalies (trace to 1576 ppb Au) associated with a distinct east-west oriented, north dipping, structure visible in Lidar imagery, DIGHEM, and IP-Resistivity. One historic drill hole(1) in the area (WGRS11D0003) was drilled subparallel to the structural trend approximately 200m north west of WHTRYN18RC0001 which returned 6.34 g/t Au over 6.56m from 159.44m depth; indicating the potential for high grade mineralization in the area which has been confirmed by holes WHTRYN18RC0001 and WHTRYN18RC0002. The area along trend from the Golden Saddle deposit to the Ryan Showing has been historically unexplored. In 2018, the Company has performed some additional exploration along trend and results will be released in due course.

Discovery Drill Holes

Four drill holes totalling 681.22m were completed on the Ryan’s Showing this year. WHTRYN18RC001 returned 6.10m of 20.64 g/t Au from 83.82m depth, with individual assays in the zone ranging from 7.07 to 39.8 g/t Au. WHTRYN18RC002 is located 100m west of WHTRYN18RC001 and returned 13.72m of 5.02 g/t Au from 121.92m depth; including 4.57m of 9.25 g/t Au from 123.44m depth. The current geologic interpretation indicates that neither WHTRYN18RC003 & 004, located approximately 150m to the west and northwest of WHTRYN18002, respectively, were drilled deep enough to intersect the mineralized structure(s). The reported RC holes were drilled at a 180o azimuth and -60o dip.

Follow-up diamond drilling is planned for the target and will be commenced during the 2018 season.

Significant drill results from the Ryan Showing are detailed in the table below.

 

 

There is not currently enough information to estimate true thickness of the mineralization at this time.

The White Gold Property is located 95km south of Dawson City, Yukon. The property’s 1,792 claims totaling 34,951 hectares are 100% owned by the Company. The property has an airstrip, barge access, and a fully operational 100-person camp. The Yukon Resource Gateway Project funded by the federal and territorial governments will provide year-round road access to the property.

  • Reported in Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada by Gilles Arseneau, P.Geo. dated Sept. 15th, 2017 and available on SEDAR.

About White Gold Corp.

The Company owns a portfolio of 19,606 quartz claims across 30 properties covering over 390,000 hectares representing approximately 40% of the Yukon’s White Gold District. The Company’s flagship White Gold property has a mineral resource of 960,970 ounces Indicated at 2.43 g/t gold and 262,220 ounces Inferred at 1.70 g/t gold as set forth in the technical report entitled “Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada”, dated March 5, 2018, filed under the Company’s profile on SEDAR. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. Regional exploration work has also produced several other prospective targets on the Company’s claim packages which border sizable gold discoveries including the Coffee project owned by Goldcorp Inc. (disclosed M&I gold resource of 4.1M oz) and Western Copper and Gold Corporation’s Casino project (disclosed P&P gold reserves of 8.9M oz Au and 4.5B lb Cu). The Company has outlined an aggressive exploration plan to further explore its properties. For more information visit www.whitegoldcorp.ca.

QA/QC

The analytical work for the 2018 program has been performed by Bureau Veritas Commodities Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, British Columbia laboratory. Sample preparation was carried out at its Whitehorse, Yukon facility. All GT Probe, RAB, RC, and diamond core samples were prepared using procedure PRP70-250 (crush, split and pulverize 250 g to 200 mesh) and analyzed by method FA430 (30g fire assay with AAS finish) and AQ200 (0.5g, aqua regia digestion and ICP-MS analysis). Samples containing >10g/t Au were reanalyzed using method FA530 (30g Fire Assay with gravimetric finish). Metallic-screen analysis may also be utilized if coarse gold mineralization is encounter (FS600).

The work was completed using industry standard procedures, including a quality assurance/quality control (QA/QC) program consisting of the regular insertion of certified standards and blanks into the sample stream. The qualified person detected no significant QA/QC issues during review of the data.

Qualified Person

Jodie Gibson, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under NI 43-101 and has reviewed and approved the content of this news release.

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", “proposed”, "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated benefits to the Company and its shareholders respecting the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the White Gold properties; future growth potential of the Company, including whether any further mineral resources will be established in accordance with NI 43-101 at any of the Company’s properties; exploration results; and future exploration plans.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; failure to expand or identify any additional mineral resources; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the White Gold properties and the Company’s other properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; and those factors described under the heading "Risks and Uncertainties" in the Company’s most recently filed management’s discussion and analysis. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSX Venture Exchange (the “Exchange”) nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Hochgradige Bohrergebnisse: GGX Gold landet den nächsten Volltreffer!

Und da ist der nächste Treffer! Wie wir in unserer Neuvorstellung des Goldexplorers GGX Gold (TSX-V GGX / FRA 3SR2) vermutet hatten, präsentiert das unserer Ansicht nach äußerst aussichtsreiche Unternehmen heute abermals hochgradige Bohrergebnisse von seinem Gold Drop-Projekt. Bis zu 7,6 Gramm Gold und 60,2 Gramm Silber pro Tonne weist der beste Vererzungsabschnitt auf!

Es handelt sich um weitere Analyseergebnisse (Bohrlöcher COD18-52 bis COD18-54) von der hochgradig vererzten Goldader CAD aus der Zone Gold Drop Southwest. Von dort hat GGX im laufenden Jahr bereits zahlreiche starke Bohrergebnisse präsentiert, die teilweise deutlich mehr als 1 Unze Gold pro Tonne aufzeigten!

Unter den heute präsentierten Ergebnissen sticht die Bohrung COD18-54 heraus, die über 1,66 Meter 7,6 Gramm Gold pro Tonne (g/t), 60,2 g/t Silber und 34,1 g/t Tellur erbrachte. Darin enthalten war ein Abschnitt von 0,30 Metern mit 35,8 g/t Gold, 276 g/t Silber und 154,5 g/t Tellur. Auch die anderen Ergebnisse allerdings können sich sehen lassen!

Lesen Sie JEZT den vollständigen Bericht:

Hochgradige Bohrergebnisse: GGX Gold landet den nächsten Volltreffer!

Abonnieren Sie unseren kostenlosen Newsletter: https://goldinvest.de/newsletter
Besuchen Sie uns auf YouTube: https://www.youtube.com/user/GOLDINVEST

Risikohinweis: Die GOLDINVEST Consulting GmbH bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf http://www.goldinvest.de zu veröffentlichen. Diese Inhalte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Des Weiteren ersetzten sie in keinster Weise eine individuelle fachkundige Anlageberatung, es handelt sich vielmehr um werbliche / journalistische Veröffentlichungen. Leser, die aufgrund der hier angebotenen Informationen Anlageentscheidungen treffen bzw. Transaktionen durchführen, handeln vollständig auf eigene Gefahr. Der Erwerb von Wertpapieren birgt hohe Risiken, die bis zum Totalverlust des eingesetzten Kapitals führen können. Die GOLDINVEST Consulting GmbH und ihre Autoren schließen jedwede Haftung für Vermögensschäden oder die inhaltliche Garantie für Aktualität, Richtigkeit, Angemessenheit und Vollständigkeit der hier angebotenen Artikel ausdrücklich aus. Bitte beachten Sie auch unsere Nutzungshinweise.

Gemäß §34b WpHG i.V.m. FinAnV (Deutschland) und gemäß Paragraph 48f Absatz 5 BörseG (Österreich) möchten wir darauf hinweisen, dass Auftraggeber, Partner, Autoren und Mitarbeiter der GOLDINVEST Consulting GmbH Aktien der GGX Gold Corp. halten oder halten können und somit ein möglicher Interessenskonflikt besteht. Wir können außerdem nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen GGX Gold Corp. im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen. Ferner besteht zwischen GGX Gold Corp. und der GOLDINVEST Consulting GmbH ein Beratungs- oder sonstiger Dienstleistungsvertrag, womit ein Interessenkonflikt gegeben ist, da die GOLDINVEST Consulting GmbH u.a. für die Berichterstattung zu GGX Gold Corp. entgeltlich entlohnt wird.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Nexus Gold verdoppelt bekannten Goldtrend in Burkina Faso

Quizzfrage: Wie heißt die Hauptstadt von Burkina Faso? Ouagadougou. Haben Sie’s gewusst? Was Goldinvestoren auf jeden Fall über das westafrikanische Land wissen sollten ist, dass es zu den am schnellsten wachsenden Goldproduzenten in Afrika zählt und seit Jahren stabile Bedingungen für Junior Explorationsgesellschaften bietet.

Zu den größten Erfolgen zählen Entdeckungen von Roxgold (TSXV: ROG), Semafo (TSX: SMF) und Endeavour Mining (TSX: EDV). Eine besonders spannende, weil wechselvolle Geschichte hat Nexus Gold Corp. (TSX-V: NXS, FRA: N6E). Die Aktien der Gesellschaft sind vor knapp zwei Jahren an der Börse schon einmal mit mehr als 3 Dollar gehandelt worden, was damals einer Bewertung von mehreren hundert Millionen Dollar entsprach. Aufgrund von Missmanagement folgte dann der Absturz. Nach einer Restrukturierung mit einem Roll-Back im Verhältnis 10 zu 1 im April dieses Jahres ist Nexus aktuell nur noch mit 8 Millionen Dollar bewertet – bei identischen Assets, neuem Management und rund 3,7 Millionen Dollar an frischem Geld, das im Frühsommer aufgenommen worden ist.

Lesen Sie hier den vollständigen Bericht:

Nexus Gold verdoppelt bekannten Goldtrend in Burkina Faso

Abonnieren Sie unseren kostenlosen Newsletter: https://goldinvest.de/newsletter
Besuchen Sie uns auf YouTube: https://www.youtube.com/user/GOLDINVEST

Risikohinweis: Die GOLDINVEST Consulting GmbH bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf www.goldinvest.de zu veröffentlichen. Diese Inhalte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Des Weiteren ersetzten sie in keinster Weise eine individuelle fachkundige Anlageberatung, es handelt sich vielmehr um werbliche / journalistische Texte. Leser, die aufgrund der hier angebotenen Informationen Anlageentscheidungen treffen bzw. Transaktionen durchführen, handeln vollständig auf eigene Gefahr. Der Erwerb von Wertpapieren birgt hohe Risiken, die bis zum Totalverlust des eingesetzten Kapitals führen können. Die GOLDINVEST Consulting GmbH und ihre Autoren schließen jedwede Haftung für Vermögensschäden oder die inhaltliche Garantie für Aktualität, Richtigkeit, Angemessenheit und Vollständigkeit der hier angebotenen Artikel ausdrücklich aus. Bitte beachten Sie auch unsere Nutzungshinweise.

Gemäß §34b WpHG i.V.m. FinAnV (Deutschland) und gemäß Paragraph 48f Absatz 5 BörseG (Österreich) möchten wir darauf hinweisen, dass Partner, Autoren und/oder Mitarbeiter der GOLDINVEST Consulting GmbH Aktien der Nexus Gold halten können und somit ein Interessenskonflikt bestehen könnte. Wir können außerdem nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen die von uns besprochenen Werte im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen. Ferner besteht zwischen der GOLDINVEST Consulting GmbH und einer dritten Partei, die im Lager des Emittenten (Nexus Gold) steht, ein Beratungs- oder sonstiger Dienstleistungsvertrag, womit ein Interessenkonflikt gegeben ist, zumal diese dritte Partei die GOLDINVEST Consulting GmbH entgeltlich für die Berichterstattung zu Nexus Gold entlohnt. Diese dritte Partei kann zudem Aktien des Emittenten halten, verkaufen oder kaufen und würde so von einem Kursanstieg der Aktien von Nexus Gold profitieren. Dies ist ein weiterer Interessenkonflikt.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox