A balance between riding out gains vs taking profits and reinvesting
There is no denying that metals stocks, especially precious metals stocks, have moved drastically higher over the past 3 months. Lobo Tiggre joins me to share his strategy between holding positions that have already doubled or tripled vs locking in some profits and rotating the money into other companies.
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VIZSLA DRILLS 1,544 G/T SILVER EQ. OVER 8.2 METRES IN NEW DISCOVERY AT PANUCO PROJECT, MEXICO
Vizsla Resources Corp. has released the first drilling results from the Napoleon vein corridor at the Panuco silver-gold district in Mexico. Five holes have been completed to date and results have been received for the mineralized intervals of two holes, NP-20-02 and NP-20-03, with high-grade intercepts returned. The company has restarted exploration and currently has two drill rigs operating on the property.
GOLDMINING ANNOUNCES CREATION OF GOLD ROYALTY CORP., A NEW GOLD-FOCUSED ROYALTY COMPANY
Goldmining Inc. has created Gold Royalty Corp. (GRC), a newly incorporated wholly owned subsidiary, that will hold 14 newly created net smelter return (NSR) royalties on its extensive gold-focused asset portfolio in the Americas.
SPROTT INC. APPROVED TO LIST ON THE NEW YORK STOCK EXCHANGE
Sprott Inc.’s common shares have been approved for listing on the New York Stock Exchange. The company expects its common shares will commence trading on the NYSE as of market open on June 29, 2020, under the ticker symbol SII.
After consultation with local mayors:
Aurania’s exploration teams re-entered the field in mid-June to commence mapping and soil sampling on a number of priority targets for gold-silver, copper-gold and copper in Ecuador. The company has also requested quotes from several geophysical service companies for a heliborne mobile MT survey as a means of identifying sulphides related to porphyries and epithermal gold-silver systems, as well as resistive zones that may represent silica-enriched areas linked with epithermals.
Galway Metals drills 0.6 m of 186.5 g/t Au at Clarence
2020-06-24 07:18 ET – News Release
Mr. Robert Hinchcliffe reports
GALWAY METALS INTERSECTS 186.5 G/T AU OVER 0.6M IN NEW DISCOVERY, 950M WEST OF THE JUBILEE ZONE; INCREASING DRILLS FROM 3 TO 5
Galway Metals Inc. has released assay results from wildcat exploration drilling located 950 metres southwest and along strike of the westernmost intersection of the Jubilee zone at the company’s Clarence Stream project in southwestern New Brunswick, Canada. That intersection had returned 1.9 grams per tonne (g/t) Au over 43.3 metres (m) (35.7 m true width (TW), including 21.2 g/t Au over 2.35 m), starting at a vertical depth of 36 m below surface (Sept. 5, 2019). The new discovery returned 186.5 g/t Au over 0.6 m from a 35-centimetre quartz vein that contains very fine sulphides, including arsenopyrite. Another similar vein located 13 m farther downhole returned 2.2 g/t Au over 0.7 m. The closest drill holes are located 270 m to the southwest and 560 m to the northeast. The one to the northeast intersected 4.4 g/t Au over 1.0 m and also contained 4,050 parts per million bismuth and 344 ppm tungsten (Sept. 5, 2019). These results appear to be along the Jubilee-Richard-George Murphy zone trend that Galway believes is part of the same 2.5 km long mineralized system.