GR Silver Mining – More details on the Mako Mining acquisition and now much larger land package
Marcio Fonseca, President and CEO of GR Silver Mining (TSX.V:GRSL – OTCQB:GRSLF) joins me to discuss the recent announcement of the agreement to acquire Marlin Gold Mining, a private Company 100% owned by Mako Mining. This acquisition add the past producing La Trinidad open pit silver mine as well as a large land package around the GR Silver Mining properties, San Marcial and Plamosas.
I have Marcio provide a history of the Trinidad mine and some of the financial details of the transaction. We also look ahead to the exploration potential in this much larger land package. Please email me with any follow up questions for Marcio to Fleck@kereport.com.
It is interesting to see La Trinidad in play again. I used to hold Marlin Gold a few years back when they were on the run higher and producing from La Trinidad (prior to their collapse and eventual merger with Golden Reign to form Mako Mining. I’m hoping Mako swaps that 1% NSR over Sailfish Royalties (which has all of Mako’s prior royalty assets)
Genesis drills 3.4 m of 40.89 g/t Au at Chevrier
2021-02-03 07:25 ET – News Release
Mr. David Terry reports
GENESIS METALS DRILLS 40.89 G/T GOLD OVER 3.40 METRES AT MOLE ZONE, CHEVRIER MAIN DEPOSIT, CHEVRIER GOLD PROJECT, QUEBEC
Fabled drills 3.3 m of 561.2 g/t AgEq at Santa Maria
2021-02-03 07:20 ET – News Release
Mr. Peter Hawley reports
FABLED DRILLS 3.3 METERS OF 561.20 G/T AG AND 0.90 G/T AU WITHIN 6.0 METERS GRADING 323.88 G/T AG AND 0.54 G/T AU AT SANTA MARIA
Fabled Silver Gold Corp. has released results from the second diamond drill hole from the continuing 8,000-metre drill program on the Santa Maria property in Parral, Mexico
Nighthawk drills 7.25 m of 4.49 g/t Au at Treasure
2021-02-03 07:13 ET – News Release
Mr. Keyvan Salehi reports
NIGHTHAWK REPORTS TREASURE ISLAND DRILL RESULTS, INTERSECTING ELEVATED GRADES
Nighthawk Gold Corp. has released assay results for 12 drill holes (4,325 metres) from the 2020 drilling campaign on the Treasure Island gold project, located within the northern section of its Indin Lake gold property, Northwest Territories, Canada.
Abraplata drills 13.5 m of 515 g/t AgEq at Diablillos
2021-02-03 07:10 ET – News Release
Mr. John Miniotis reports
ABRAPLATA CONTINUES TO INTERSECT HIGH GRADE, NEAR-SURFACE OXIDE SILVER AND GOLD MINERALISATION INCLUDING 13.5 METRES GRADING 515 G/T AGEQ (6.86 G/T AUEQ) AT DIABLILLOS
GoGold drills 0.8 m of 1,233 g/t AgEq at Los Ricos
2021-02-03 06:39 ET – News Release
Mr. Brad Langille reports
GOGOLD DRILLS 1,233 G/T AGEQ OVER 0.8M WITHIN 511 G/T AGEQ OVER 3.2M AT LA TRINI IN LOS RICOS NORTH
Solgold drills 928 m of 0.53% CuEq at Porvenir
2021-02-03 06:34 ET – News Releas
Mr. Karl Schlobohm reports
SOLGOLD PLC ANNOUNCES REGIONAL EXPLORATION UPDATE
Solgold PLC has provided an exploration update on its regional exploration program. The Company continues to pursue its strategy as an integrated explorer and developer, based on preservation of value for all shareholders. The Company maintains its plan of applying its exploration blueprint. This includes systematic and aggressive evaluation across its exploration assets in Ecuador, which are held by four wholly owned subsidiaries.
Benchmark drills 10.4 m of 13.95 g/t AuEq at Cliff
2021-02-03 05:57 ET – News Release
Mr. John Williamson reports
BENCHMARK DRILLS 714.12 G/T SILVER AND 5.02 GOLD OVER 10.40 METRES EXPANDING MINERALIZATION WITHIN A BROADER ZONE OF 64.00 METRES OF 4.68 G/T GOLD EQUIVALENT AT CLIFF CREEK SOUTH ZONE
Lion One Metals drills 12.45m of 21.31 g/t Au at Tuvatu
2021-02-03 05:51 ET – News Release
Mr. Walter Berukoff reports
LION ONE ENCOUNTERS SHALLOW AND DEEP HIGH GRADE GOLD MINERALIZATION AT ITS TUVATU ALKALINE GOLD PROJECT
Lion One Metals Ltd. has released recent, shallow and deep high-grade gold drill results from two diamond drill holes, both still in progress, at its 100-per-cent-controlled Tuvatu alkaline gold project, Fiji.
That’s a nice high-grade drill intercept at a good length from Lion One, as they continue to hit pay-dirt. Go LIO!
In Silver, Redditors Find a Fit for Raging Against Establishment
February 1, 2021 – By Jack Farchy, Eddie Spence, and Eddie van der Walt
“It seems a match made in heaven: Reddit’s rambunctious army of retail investors eager to take on the financial elites, and the world of silver “bugs,” hard-core metal bulls, many of whom have long argued the price was being suppressed by powerful forces.”
“The silver market has been roiled in recent days after a — now-removed — post appeared on Reddit’s WallStreetBets forum that encouraged traders to pile into BlackRock Inc.’s iShares Silver Trust. Many long-standing silver advocates reacted with glee as the price surged to an eight-year high on Monday, spurred on by huge purchases through the exchange-traded fund.”
“While Reddit posters now seem conflicted about the trade, the hashtag #silversqueeze gained rapid momentum on social media Monday. The calls for a “short squeeze” appear far fetched, given the market’s size and lack of any clear short position to target. But the sharp run up in prices and massive surge in demand for coins over the weekend points to mounting interest in the precious metal among retail investors.”
“What Reddit have done is opened Pandora’s box,” said Ned Naylor-Leyland, head of gold and silver at Jupiter Asset Management and a long-time bull. “What we’re seeing here is a vital commodity and monetary asset being freed to find its true price.”
Half up and half down…same ol same ol
Baru Gold jumped up possibly when getting a mining permit. I haven’t seen the release.
Hi David – Yes, I saw that big move higher today in Baru Gold on the production license news. Very exciting!
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(BARU) | (BARUF) Baru Gold Corp Receives Production License Upgrade
by @thenewswire on 3 Feb 2021
https://ceo.ca/@thenewswire/baru-gold-corp-receives-production-licence-upgrade
GRSL expands land position in Mexico
February 2, 2021 JayCurrie
https://motherlodetv.net/index.php/2021/02/02/grsl-expands-land-position-in-mexico/