ARK, KDK, RRI X 2, TUO
Arras Minerals aka ARK has tripled this year on the basis of drill results from just one prospect on one of their 100%-owned properties in Kazakhstan, but they have plenty more irons in the fire. Now we her about this year's plans under the Exploration Alliance with Teck, which covers two large properties where they are looking for more Ci/Au porphyries like the one they just discovered.
Last year's exploration by the Alliance focused on generating targets, and they found a number of them. On Package A, which covers 1397 sq km surrounding the large producing Bozshakol Cu/Au mine and may contain extensions of the same mineralization, there are four designated targets. Each will be see geophysics programmes starting in April followed by drilling. On Package B, which covers 630 sq km, they are concentrating on the Besshoky target which has the potential to host both porphyry Cu/Mo and epithermal Au, drilling will also commence in a few months.
Can this exploration yield another triple in the share price? It is certainly possible if they have the geology figured out correctly.
Message 35045469
Kodiak Copper aka KDK issued a short PR which was mostly to promote their attendance at PDAC, particularly several appearances at the Core Shack, but it also tells us they have begin metallurgical testing on samples from six zones on their MPD project in south central BC where they are looking for large porphyries similar to the ones being mined nearby. The results of this testing plus the coming Resource Report just might be enough to wake the stock out of its doldrums.
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Yep, it is definitely PDAC time, as evidenced by the deluge on mining company PRs. Prospect generator Riverside Resources aka RRI joined the deluge with a PR reviewing an update on the various exploration programmes they or their JV partners have underway right now. These includes Au and REE prospects in BC as well as a number of Au and Cu prospects in Mexico. They also update us on several NSRs they hold that could become revenue generators. It is quite the list, which I invite you to peruse for more detail.
Meanwhile, I await the spinout of Blue Jay Gold in the coming months.
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And you can rad the full details of RRI's spinout in the Management Information Circular linked here.
ca.finance.yahoo.com
A year ago, the Goldstorm deposit on the Treaty Creek property in BC's Golden Triangle bring developed by Teuton Resources aka TUO and its JV partners would have been described as a large Cu/Au/Ag system. But that all changed with the discovery of 4 'super-cells' within the deposit, all of them featuring much higher gold values than the rest of this large deposit. It has become clear that these super-cells will form the economic core of mining at Treaty Creek because the gold-rich ore is much more valuable the surrounding mineralization. A key part of proving up the super-cells is metallurgical testing, and now we know that there can be high recoveries of both the gold and the silver and copper within these domains using standard processing.
A PEA for Treaty is supped to be released in Q2. It would not surprise if this was pushed back to deal with this new data, but in any case I looking forward to seeing the numbers.
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