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

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From: LoneClone3/25/2025 4:59:37 PM
1 Recommendation

Recommended By
onepath

   of 78402
 
KTRI, IAU, RIO

Kootemay Resources aka KTRI was listed last year after being spun out from Kootenay Silver to hold its BC properties. I have been patiently waiting for them to announce progress on their most promising property, the Moye Anticline is southeastern BC, which has the potential to host very large silver/base metal deposits like several being mined in the area.

In this PR we hear about their main prospect on the properties, a target called Sweet Spot. Sweet Spot was explored in the past by both Cominco and Teck, and some promising intercepts were pulled. Now KTRI's geologists have come up with a new interpretation of the geology based on modern geophysics, and plan to refine the target with more geophysics before drilling later this year.

The geologists sound pretty excited, as they have found a deep conductive zone similar to those that lie beneath Olympic Dam in Australia and various large greenstone belts in Canada. I hope they are right!

Message 35073805

Nevada gold miner i-80 Gold aka IAU issued a PR telling us that a number of technical reports concerning recently released PEAs for some of its development projects will be filed by the end of the month and will also be made available on their website. They also announced they will be holding a conference call and webcast at 9am ET on Apr.1 (no fooling...).

There will be a heck of a lot of information to digest and discuss.

finance.yahoo.com

If you want to listen to an interview with the head guys at Rui2 aka RIO, who are busy building the Fenix gold mine in Chile, it can be found at hte link below.

Meanwhile, RIO's stock looks set up to break out after setting a new 52-week high. There is some resistance in the low $0.90s area but if Saville is right -- see below -- the coming move in gold stocks should breach that and take the share price back over a dollar, to levels last seen before the turn of the millennium.

youtube.com

Saville opines that it is important whether or not gold in Euros confirms its ATH in $US. He is watching support in the $2950-2975 range. He also see HUI and GDX as likely to to break out to the upside in the next two months.
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