SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (48558)10/16/2018 8:10:22 PM
From: Goose94Read Replies (1) of 203353
 
Minaurum Gold (MGG-V) top pick from Joe Mazumdar on BNN.ca Market Call Tuesday Oct 16th @ 1200ET

We purchased a partial position in the junior precious metal explorer in Sonora, Mexico in late February. There’s potential for the discovery of a major low sulphidation epithermal precious and base metal vein field at the Alamos silver project, which is focused in and around a historic mining district which extracted over 120 million ounces of silver. Our visit confirmed the geological potential and the favorable infrastructure (easy access) of the Alamos Silver Project.

We think that finding and testing new veins and extensions is key to adding shareholder value; the addition of the Nueva Europa Sur (0.6 km) and Promontorio Sur (1 km) vein systems is a good start. Our target is an average grade of about 375 g/t silver equivalent, predominantly driven by silver from testing the veins at depth. The drilling has indicated that the surface grades may not be representative of the potential at depth.

The discovery of more veins has led the company to expand its land package to 16,000 ha. We continue to hold the company, as it is well funded (after closing an oversubscribed $7 million private placement in May) to expand its land package, generate drill targets, and drill them. The company announced the resumption of its drill program in early September 2018 so we look forward to drilling results going forward.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News