Chris Thompson with Stephen Burega on the quality of assets in the Romios Gold portfolio

In a recent InvestorIntel interview, Chris Thompson spoke with Stephen Burega, President of Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) about identifying two new banded iron formations on Romios’ Lundmark-Akow Lake Project, which are similar in nature to Newmont’s giant Musselwhite gold mine.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Stephen Burega provided an update on Romios’ properties in the Golden Triangle where they have already identified two copper-gold porphyry targets, and are on the way to identifying a third one. He also provided an update on  other properties in Romios’ portfolio, which are in the vicinity of existing mines and deposits, owned or operated by major mining companies.

To watch the full interview, click here

About Romios Gold Resources Inc.

Romios Gold Resources Inc. is a progressive, mineral exploration, Canadian company engaged in precious- and base-metal exploration. It is focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake gold-copper property in northwestern Ontario and it has extensive claim holdings covering several significant porphyry copper-gold prospects in the “Golden Triangle” of British Columbia. Additionally, the company has interests including two former producers, the La Corne molybdenum mine property (Quebec) and a former high-grade gold producer, the Scossa mine property (Nevada). The Company also retains an ongoing interest in several properties including a 20% carried interest in five claim blocks in the Thunder Bay silver district of northwestern Ontario; and a 2% NSR on the Hislop gold property in Ontario.

To learn more about Romios Gold Resources Inc., click here.

Disclaimer: Romios Gold Resources Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete. 

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email info@investorintel.com.




Leocor Gold, looking for precious metals in the right places

The Canadian province of Newfoundland and Labrador offers one of the most extensive mining histories in Canada, with small-scale mining dating back to the 1770’s, which expanded into a major industry by the 1860’s. The province offers world class geology, significant infrastructure and exceptional access to a skilled workforce. Lately, the province has become a hotspot for mineral exploration companies and investors looking for gold exposure. Granted it probably isn’t going to become the kind of gold rush an NFL team will be named after but it has propelled at least one junior start up that IPO’d in August, 2020 from a $25 million market cap to $1.4 billion in a little over a year. That’s the kind of gold rush I can get excited about.

As you would expect when an area play gains traction there are a myriad of companies, big and small, who start appearing on the radar. Today we are going to look at one of the smaller market cap companies but one with a huge land position. Leocor Gold Inc. (CSE: LECR | OTCQB: LECRF) is involved in the acquisition and exploration of precious metal projects, with a current focus in Atlantic Canada. Leocor, through outright ownership and earn-in agreements, currently controls several gold-copper projects in prime exploration ground located within the prolific Baie Verte Mining District. Leocor’s Baie Verte portfolio includes the Dorset, Dorset Extension, Copper Creek and Five Mile Brook projects, creating a contiguous nearly 2,000 hectare exploration corridor. The Company also controls the 6,847 hectare grassroots Startrek project near Gander, as well as three district scale land packages in North Central Newfoundland, known as Robert’s Arm, Hodge’s Hill, and Leamington, (collectively “Western Exploits”) representing over 144,000 hectares (1,440 square kilometers) of prospective exploration.

Source: Leocor Gold Corporate Presentation

I’ve got to admit that between Leocor’s website, corporate presentation and quarterly MD&A there is an awful lot of information about each of the properties so if you really want to do a deep dive into what each of the assets are all about I encourage you to go have a look for yourself. In the meantime, I will try and provide a brief description to whet your appetite.

The Baie Verte property contains multiple gold occurrences and mineralized zones surrounded by active mine operations. The Dorset Project is the Company’s flagship exploration target with abundant historical data and two significantly mineralized quartz veins with extensive surface showings. The Main Zone includes three historic occurrences, with up to 409 g/t gold in grab samples, with channel sampling results of 177 g/t Au over 0.35m, 22 g/t Au over 1.5m, 17.2 g/t Au over 1.5m, and 14.7 g/t Au over 1.5m. Historic drilling includes 9.5 g/t Au over 1.3m. Historic select sampling at the Braz Zone returned values of 314 g/t Au, 40 g/t Au, 31.4 g/t Au, 21.2 g/t Au, 19.2 g/t Au, and 14.8 g/t Au. Historic channel sampling across the vein, returned 9.5 g/t Au over 0.4m; 5.7 g/t Au over 0.5m and 1.2 g/t Au over 0.65m.

The Startrek project is in the Gander district and has nothing to do with Captain Kirk’s recent trip to space. However, it does have the distinction of hosting rocks similar to those underlying New Found Gold Corp.’s Queensway Gold Project located approximately 25 km to the west. The property contains three areas of interest, the Western, Central and Eastern Zones. More than 50 gold occurrences have been discovered on the property through previous trenching and grab samples. The Central Zone has seen trenching by Rubicon Minerals, which focused on gold showings in epithermal veining, and which produced highly anomalous values of gold, arsenic and antimony, and sampling by White Metal which produced grab samples up to 40 g/t Au.

The Western Exploits district is the largest property held by Leocor and was introduced to the company by the prolifically successful prospector Shawn Ryan who now acts as a technical advisor to the Company. The Company plans on investing approximately $2,347,000 on drill target generation between now and the end of 2022. This includes the recently announced phase one exploration at its district scale Hodge’s Hill gold project.

Newfoundland and Labrador has some great geology for lots of different commodities that the world values. If you recall, Robert Friedland’s Diamond Fields was looking for kimberlite and ended up finding a world class nickel-cobalt-copper mine at Voisey’s Bay. That’s why I really like how much property Leocor has staked. You just never know if there is perhaps another valuable asset lurking in the areas you are prospecting. In the meantime, gold is the name of the game and with $10.5 million in cash at the end of July, Leocor is well financed to hunt for the main prize.




A ‘Very Large’ Battery Metal Producer Focuses on the Critical Material that starts with ‘N’…

There’s money to be made in metals, of course. Gold and silver, and platinum and palladium, copper and many more. It’s a long list when you think about it. Well, today I’ll give you a name for one-stop shopping to do just that.

Just to lay a foundation, though, by now you’ve surely heard stories about how the electric vehicle (EV) revolution is happening. Even a casual news reader knows that auto, truck and bus companies are making massive transitions from internal combustion to battery-electric power trains. And to make it work, they need all manner of so-called “battery metals.”

One battery metal, growing in importance, is nickel, which is used in the cathodes for the lithium-ion batteries currently used in cars, trucks, and buses with the longest range. Unlike cobalt, with which it is mixed in those cathodes, nickel is today produced in large quantities from primary ore deposits. The 2020 global production of nickel was 2.5 million metric tons, almost all of which is, at this time,  used for making stainless steel. Cobalt production was 120,000 metric tons, and all of it was produced as a byproduct of copper or nickel mining.   Global nickel reserves are estimated at 95 million metric tons, while cobalt reserves are less than 10 million metric tons. It is planned to use nickel as much as possible in long-range battery cathodes, so as to not depend on limited cobalt reserves.

There are  forecasts of eye-popping increases in demand for a list of battery metals that are already in short supply. Prices for these substances are high and heading higher. Nickel is already in high demand for stainless steel and the addition of high demand for battery cathodes can be met but only with higher prices.

As things unfold, much of the money from those upward price moves will flow to the bottom line of miners and metal refiners.

And everybody has a story, right? If you follow the metals sector even a little bit, you know that junior companies are springing up like mushrooms after a rainstorm. They promote projects from here to Timbuktu, all across the globe in search of the next big discovery. You hear plenty of promises, and in fact with a lot of good fortune some of them might actually pan out over time. All well and good.

But what if I told you that there’s already an up and running company that’s a world leader in producing numerous of these critical metals, particularly nickel but also platinum and palladium, as well as manganese, copper and much more, including even gold and silver? It’s that one-stop shopping I mentioned above.

It’s a big company, to be sure, with a market cap of about $48 billion. Yet despite its size, it’s still growing and offers solid capital gain potential. Not moonshots perhaps, but likely a steady, sturdy lift over the next few years.

While we’re at it, this company is fast becoming “green” within the mining space. That is, its CO2 emissions are enviably low, certainly for a miner and even compared with emissions from many other industries. In this sense, the shares are becoming more and more attractive to ESG-oriented investment funds.

All this, and the company is immensely profitable. Shares deliver a nice dividend that currently yields over 7%. And those shares also offer a form of currency play in the event of a dollar slide over time.

The name? It’s a Russian company called Norilsk (OTC: NILSY), which trades in ADRs under the ticker NILSY.

The parent company was founded in the 1930s as a state mining enterprise in the former Soviet Union. The purpose was to exploit the massive mineral resources of the Kola Peninsula in the northern regions of Russia, adjacent to Norway and Finland.

There’s plenty of history about this mining complex from the 1930s under Stalin, and during World War II and all through the Cold War. It was a key asset of the Soviet state, to be sure.

Then after the USSR fell apart, this former industrial pillar of Communism transformed into a globally competitive mining company whose governing processes are not unfamiliar to Western investors. There’s transparency in operations, with corporate behavior that conforms with international standards.

And Norilsk delivers. It’s among the world’s largest producers of nickel, as well as palladium and platinum. Its metallurgical offerings include about 30 other materials that come from its extensive mining and refining operations, including gold, silver, copper, cobalt, manganese and more.

In many respects, Norilsk is almost a “battery metal” company in its own right, although it doesn’t pursue the downstream manufacture of storage and power systems. Norilsk just sticks to its strong suite, which is mines, metals and making money.

You might be wondering, how clean and green is a Russian mining complex? Well, there’s data available showing   where Norilsk stands in its CO2 intensity for nickel output relative to other producers across the world. It is the lowest producer of CO2 per kg of nickel delivered of any company in the world.

Okay, I know… Many stock market players are looking for tiny, low market cap juniors in the 10-cent and 20-cent range, with hopes of hitting it big via 100-bagger moves. And yes, sometimes Santa Claus really does come down the chimney.

But if you’re alright with a large, well-established mining giant with massive reserves and resources, decades of technical experience, currently working well in the battery metals space, making strong earnings, delivering enviable dividend yield, and even a “green” play…  Well, go with Norilsk.

That’s all for now…  Thank you for  reading.




The compelling long-term case for copper, with an eye on Kodiak

Copper has had a pretty wild ride, so far, in 2021. Starting the year at just over US$3.50/lb, it quickly gained momentum with optimism over the “opening up” of trade based on the perception (at the time) that perhaps we had nipped Covid in the bud, and that the global economy would soon get back to some semblance of normal. This rallied the price of copper up to a high of US$4.37/lb in late February before the price consolidated in the US$4.00-US$4.20/lb range. The next rally was driven by the excitement around the green revolution or the electrification of everything. Every pundit and talking head on the business channels was talking about the growth rate of EVs, renewable energy, battery storage, etc., all of which would soon require a lot more copper than is being produced today. This charge upwards drove copper up to an intraday high of US$4.89/lb in early May, or roughly a 40% gain in just over 4 months. However, as the saying goes, often the cure for high prices is high prices, and that seems to have been the case for copper as the commodity appears to be in a bit of a downtrend at present.

The positive is that there appears to be solid support at roughly the US$4.00/lb threshold, and there hasn’t been a decisive break below the 200 day moving average. I also believe the long term case for copper is compelling. Whatever path we ultimately take to reduce our carbon footprint over the next years and decades is going to require a lot of copper. Will there be up and downs in the interim? For sure. The fallout from the Evergrande, property speculation, debacle in China could put a crimp in their economy, particularly in the building sector, but I don’t feel there will be a global contagion arising from that. In the long run there is a global political will to create a cleaner, greener future for the world, and that is going to make copper a “go to” commodity for a long time.

That’s my long-winded way of saying we should look at a copper stock today. Having grown up in the interior of B.C., one junior explorer I’ve been keeping an eye on is Kodiak Copper Corp. (TSXV: KDK | OTCQB: KDKCF). The Company’s most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Trough in southern British Columbia, where in 2020 the Company made a high-grade discovery at the Gate Zone. Plans for 2021 include a fully funded 30,000 metre drill program including several target areas, as well as further geophysical and geochemical surveying, prospecting, and geotechnical studies. By early July, Kodiak had completed over 15 drill holes with results suggesting that the 1.2 kilometre long copper-in soil target in this area is underlain by a significant copper-gold-silver porphyry system. Highlights from the first 6 holes included an increase in the strike length of the Gate Zone from 125 metres to 800 metres, and a 242 metre intersect of 0.52% CuEq.

Unfortunately, the Company had to pause their drilling efforts in August due to wildfire risks, but ramped up activity at the end of August with two drill rigs. As of September 1st, 25 holes totaling 13,600 metres have been completed and the Gate Zone had been expanded further to 950 metres in length, 350 metres in width (east-west) and to a depth of 800 metres, being open in all directions. This is all pretty exciting, but the best part is that there’s lots more to come. Including drilling the high priority Dillard target which exhibits similar copper-in-soil anomalies, geophysical responses, and has shown encouraging historic drilling like the Gate Zone. Dillard will be drill-tested in Q4 as part of the 2021 program. And let’s not forget we’ve only seen results from the first 6 drill holes, leaving at least 19 still to come, the results from which should be available any day now.

It appears there should be fairly steady news flow out of Kodiak Copper for the rest of 2021. With 48.7 million shares outstanding the Company has a market cap of roughly $61 million based on yesterday’s close of $1.26. They have a fairly tight share structure so any positive news could give this stock a pretty good shot in the arm. Hopefully, exciting news is on its way.




Byron King’s Top 5 “Outstanding” Yukon Gold (and Silver) Mining Names

There are mining districts, and then there are mining districts. Speak with anyone even remotely knowledgeable about the mining space and certain names instantly elicit a smile.

For example, say “Quebec” and a person smart about mining will grin at the thought of all that gold over the decades. Same thing when you say “Nevada.”

Or say “Peru” or “Chile” and a mining-savvy person will nod at the thought of copper, silver and much more.

Today let’s discuss the sweet sound of “Yukon,” because the most northwesterly province of Canada certainly brings mineralogical happiness to my soul. Indeed, I’m so positive about Yukon as a mining mecca that I’d like to list five of the top plays in the jurisdiction and explain why I like them. That is, allow me to share with you some ideas with upside, upside and more upside.

But only five! Because I could list ten, or fifteen, and maybe twenty. Yes, that’s how promising is the mineral endowment of Yukon. For now, let’s stick to five names in terms of descending levels of development.

We’ll look at a newly built, producing mine and then work through other production, development and exploration names. Just five companies, though… And I apologize to the great plays not discussed here today, although your time will come as well.

Victoria Gold Corp. (TSX: VGCX)

Currently an up-and-running gold producer, I followed this one from the time it was a brown stain on a hillside to the buildout of a brand new, working mine. It’s on track to produce 200,000 ounces of gold per year, with a mine life of 10 years and likely much more based on the results-oriented exploration of adjacent land. Every step of the way, Victoria was a model of excellent technical effort coupled with crisp execution. On paper, it’s profitable at $750 gold. And with gold now at $1,750, the economics are superb. Aside from making money for its own account, Victoria is an obvious takeover play for any intermediate or senior gold miner that needs instant, profitable ounces.

Alexco Resource Corp. (NYSE American: AXU | TSX: AXU)

This is a reboot of a century-old lead-silver mining play in the Keno Hill area of Yukon. Now, the assets are again up and running with a modern mill and eye-popping new discoveries over the past five years. The old mine and mill were long abandoned and designated as a superfund cleanup site when the environmental services side of Alexco came along with an appointment from the government of Canada to begin a cleanup. But after not too long, management realized that remediation in connection with renewed mining could not just benefit the environment, but deliver world-class levels of lead and zinc, along with bonanza-grade quantities of silver. The operation pays for itself with the base metal output, and silver is icing on the top. As silver prices rise over time, Alexco is a rocket shot.

Western Copper and Gold Corporation (NYSE American: WRN | TSX: WRN)

Western controls the Casino ore body in southwest Yukon, a massive copper-gold-bearing porphyry that’s best characterized as advanced-stage exploration and early-stage development. The resource numbers are simply eye-watering, with over 10 billion pounds of copper and over 14 million ounces of gold (using the term, “measured, indicated and inferred”). Mine life is estimated at “over 47 years,” which is an amusing understatement among mining-savvy observers. Heck, this is a 100-year play if it lasts a day. The deposit will require a deep-pocketed operator to build it out, and Western has partnered with Rio Tinto to advance the effort. It’s worth noting that massive projects must await their moment in time. But based on price and demand trends for copper and the constant attractiveness of big-ounce gold plays, Western’s day in the sun is coming sooner rather than later.

Banyan Gold Corp. (TSXV: BYN)

Banyan is a gold play located on a massive geological trend that connects the above-mentioned Victoria Gold and Alexco. Drilling to date has been remarkably successful at finding mineable, commercial levels of gold in almost every hole. Obviously, as per the drilling, there is precious metal in the ground and now the challenge is to figure out how much; although my informed hunch is likely “a heck of a lot” as these things go. And as if the gods of the earth could not be more favorable to Banyan, much of the land package is located along a road system, with an adjacent airfield and power lines. It makes logistics far less expensive and lowers finding costs by extending the bang for every drilling buck. Currently, the idea is to drill and identify more of that gold. Next comes the resource estimation, and that’s when, where and why Banyan’s share price has skyrocket potential.

Metallic Minerals Corp. (TSXV: MMG | OTCQB: MMNGF)

Metallic is an early-stage exploration play located on a land package directly adjacent to the above-mentioned Alexco. Many of the same geologic trends that underlie Alexco continue onto the Metallic land package. In that sense, Metallic has focused its early-stage drilling on finding similar rocks, structures and chemical trends. Another way of looking at it is that the Keno Hill silver district began with outcroppings of veins and mineral resources that old-time prospectors spotted over a century ago. But those geological clues are more deeply buried on the Metallic land package, and not evident to the casual eyeball. This time around, finding the ore zones will require modern exploration techniques to figure it all out. Still, Metallic is in the right place with the right geology, and a solid, well-run program focused on finding what “ought” to be there. Give it time, and here’s a play with excellent potential and upside.

That’s all for now…  Thank you for  reading.




JC Potvin on Murchison’s high-grade Brabant-McKenzie Zinc-Copper-Silver deposit

In a recent InvestorIntel interview, Chris Thompson spoke with Jean-Charles (“JC”) Potvin, President, CEO, and Chairman of Murchison Minerals Ltd. (TSXV: MUR) about the positive metallurgical results from Murchison’s high-grade Brabant-McKenzie Zinc-Copper-Silver deposit and gave an update on their HPM battery metals project.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), JC said that the Brabant-McKenzie deposit is located close to excellent infrastructure and that the preliminary metallurgical testing on the deposit resulted in a high-grade and clean concentrate with over 90% recovery for zinc and copper using a very simple process. JC also provided an update on Murchison’s HPM Project where they recently confirmed multiple prospective nickel-copper-cobalt targets.

To watch the full interview, click here.

About Murchison Minerals Ltd.

Murchison is a Canadian‐based exploration company focused on the exploration and development of its HPM nickel‐copper‐cobalt project in Quebec and its 100%-owned Brabant Lake zinc‐copper‐silver project in north‐central Saskatchewan. The Company holds an option to earn a 100%-interest in the Barraute VMS exploration project also located in Quebec, north of Val d’Or. Murchison currently has 108.9 million shares issued and outstanding.

To learn more about Murchison Minerals Ltd., click here.

Disclaimer: Murchison Minerals Ltd. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain“forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email info@investorintel.com.




Justin Reid on bringing the former gold and copper Troilus Mine to production

In a recent InvestorIntel interview, Chris Thompson spoke with Justin Reid, President, CEO and Director of Troilus Gold Corp. (TSX: TLG | OTCQX: CHXMF) about Troilus’ recent drilling success at their Troilus Gold Mine which continues to show growth in its mineral resource.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Justin said that Troilus is a past-producing gold and copper mine which according to the 2020 PEA has the potential to rank among the top gold mines in Canada with a 22-year mine life and with substantially longer open pit life. In the interview, Justin also provided an update on Troilus Gold’s recent drill results which is expected to positively impact the overall economics of the project in the upcoming Pre-Feasibility Study.

To watch the full interview, click here.

About Troilus Gold Corp.

Troilus Gold Corp. is a Canadian-based junior mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. From 1996 to 2010, the Troilus Mine produced +2 million ounces of gold and nearly 70,000 tonnes of copper. Troilus is located in the top-rated mining jurisdiction of Quebec, Canada, where it holds a strategic land position of 1,420 km² in the Frôtet-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with significant mineral resource growth. The Company is advancing engineering studies following the completion of a robust PEA in 2020, which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone gold and copper project.

To learn more about Troilus Gold Corp., click here

Disclaimer: Troilus Gold Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete. 

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation.  Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email info@investorintel.com.