Blackwolf Copper and Gold Ltd. has increased its resources and holdings in Alaska by staking new claims and continuing with infill and expansion drilling. Couloir Capital Ltd. commented in a research note that it has initiated coverage on Blackwolf Copper and Gold Ltd. with a "Buy" rating and estimates that the company has a "Fair Value" of CA$1.28 per share.
The upgrading of resources from Inferred to Measured and Indicated "should allow the company to demonstrate improved economics compared to [its] previous prefeasibility study," noted a ROTH Capital Partners report.
Some properties pass through different hands on their way to production. One Vancouver-based junior gold and copper explorer plans to be the one that succeeds where others have failed in southeastern Alaska.
If you’re looking for epic gold deposits in America, you probably want to start in Nevada – home to the Carlin and Cortez trends and the country’s top gold mines. One junior explorer is hitting long intercepts of oxide gold mineralization at its flagship gold project in Nevada and it is becoming a real Butte.
One junior explorer has defined a gold resource along the "Rim of Fire," a rift between tectonic plates in the South Pacific. Recent drilling has shown there is even more gold at depth. Maybe a lot more.
Kainantu Resources' properties surround K92's mine, a massive project with a 4.8 million ounce gold resource in Papua New Guinea. The deal opens the door for large miner Harmony Gold to take a strategic position in the explorer.
In January 1879, entrepreneur George Hearst took Homestake Mining public on the NYSE — the first mining stock ever listed. Now, 123 years later, some intrepid mining men are bringing the Homestake gold camp back to the NYSE in a new offering backed by $50M in exploration and development cash.