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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: LoneClone2/14/2022 3:33:30 PM
1 Recommendation   of 78405
 
Canada Silver Cobalt Works aka CCW announced they have increased the size of its Eby-Otto Au prospect, located near AEM's high grade producing Au mine in Ontario. They have purchased the 190-ha Allsop property, filling in gaps and increasing Eby-Otto to 1000 hectares. They think their holdings are extremely prospective. We'll find out if they're right when they find some money and start exploring, which they say will happen soon.

Message 33708913

Karora Resources aka KRR announced guidance for 2022 from its mines in Australia of 110k-135k oz Au with an AISC around $1000/ oz. This is a nice increase from 2021, bolstered further by the announcement that nickel production will resume this year. Ni production will not be huge in 2022 at 450-550t, but will help offset the various cost pressures facing all miners these days. This production is from remnant Ni ore in an already mostly mined area. Expect nickel to make more of a contribution in coming years as they move mining into the new deposits found last year. Speaking of exploration, they also have plans for extensive exploration on all their tenements.

Message 33708945

Here's a bullish sign for gold; it appears to have reached a bottom compared to the SPX. Saville thinks the current situation is similar to November 2018.

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