In a comprehensive interview with InvestorNews host Tracy Weslosky, Peter Clausi, President, CEO & Director of CBLT Inc. (TSXV: CBLT), delved into the company’s strategic focus on mergers and acquisitions (M&A) and asset development across the mineral exploration sector. Clausi articulated CBLT’s pre-emptive strategy to bolster its financial position by liquidating assets ahead of anticipated market downturns, ensuring the company remains financially robust with “cash in the bank.” This prudent financial management, according to Clausi, positions CBLT advantageously during both prosperous and challenging times, enabling continued exploration and project development activities.

Clausi emphasized CBLT’s unique approach to growth, stating, “In our belief, you can make more money with the pen than with the drill bit at less risk,” highlighting the company’s success in maximizing value through strategic M&A activities rather than solely relying on direct exploration. This philosophy has allowed CBLT to maintain a lean share structure over 15 years, with only 75 million shares issued, a testament to their efficient capital management and strategic project acquisitions.

The interview further shed light on CBLT’s diverse portfolio, ranging from gold and cobalt to lithium and copper properties across Canada, each selected for its potential to address future market demands. Notably, Clausi spotlighted the acquisition and planned development of the historic Falcon Gold Mine in Sudbury, illustrating CBLT’s knack for identifying and revitalizing underexplored or forgotten assets. This property, alongside others such as Michaela in British Columbia and a lithium property adjacent to the Tanco Mine in Manitoba, underscores CBLT’s strategic foresight in project selection and development.

Adding to the company’s strategic capabilities, CBLT announced the addition of James R. Atkinson, a geologist with over 40 years of experience, to its board of directors, promising to further bolster its expertise in mineral exploration and project evaluation.

Moreover, Clausi provided insights into the company’s recent sale of the non-core Ryliejack asset in northern British Columbia, demonstrating CBLT’s strategic asset management and focus on optimizing its portfolio for financial and operational efficiency. Throughout the interview, Clausi’s narrative was one of strategic foresight, prudent financial management, and a deep understanding of the mineral exploration sector. His perspective on the critical role of copper as a technology metal, over other more transient battery metals, reflected a long-term strategic outlook on commodity investment, emphasizing the importance of adaptability and foresight in the rapidly evolving resource sector. Clausi’s articulate discussion highlighted CBLT’s commitment to strategic growth, value creation, and operational excellence in the exploration industry.

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About CBLT Inc.

CBLT Inc. (TSXV: CBLT) has an impressive portfolio of eight (8) active exploration projects, and one (1) passive investment across Canada. In Manitoba, they fully own the Shatford Lake Project, focusing on Lithium, which was acquired in 2021. In Sudbury, Ontario, they possess both Copper Prince and the former gold producing Falcon Gold Project, acquired in 2016 and 2023 respectively. These two projects are significant as they jointly cover 100% of the Garson Fault, with resources including Cobalt, Copper, and Gold. Ontario is also home to their Big Duck Lake Project, acquired in 2019, which is rich in Copper, Gold, and Zinc. Similarly, in Newfoundland, the Burnt Pond Project, also acquired in 2019, targets Copper and Zinc resources. Their Geneva Lake Project in Sudbury, focusing on Lead and Zinc, has been under their ownership since 2012. Lastly, the Mikayla Project in British Columbia, acquired in 2012, explores Copper, Gold, and Silver, though no exploration activities were reported for it in fiscal 2023. With regards to passive investments, CBLT acquired title to the Chilton Cobalt property in Quebec in 2017, which was later optioned to PowerStone Metals Corp.

To learn more about CBLT Inc., click here

Disclaimer: CBLT Inc. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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 the 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

During a revealing interview at PDAC 2024 with Jack Lifton of InvestorNews, Robert “Bobby” Stewart, the driving force behind Geophysx Jamaica Ltd., shared insights into the company’s pioneering exploration efforts and strategic partnerships in Jamaica. Over the past five to six years, Geophysx Jamaica has conducted a comprehensive exploration campaign across the island, identifying significant copper and gold targets and recently announcing a joint venture with C3 Metals to further develop these findings. This collaboration aims to leverage both entities’ resources and expertise, particularly spotlighting the integration of the past-producing Pennants Gold Mine with the Main Ridge Project to establish the Super Block Project. Stewart highlighted the venture’s potential to unlock untapped mineral wealth, emphasizing the strategic importance of copper and gold in technological advancements and space exploration.

Stewart’s revelation of a substantial rare earths discovery in Jamaica underscores a significant leap forward in the nation’s mineral exploration landscape. Covering about 100 square kilometers, this area exhibits unusually high concentrations of rare earth elements, diverging from the typical geological signatures found in Jamaica’s bauxite-rich regions. This finding positions Jamaica as a potential key player in the global critical minerals supply chain, with Stewart remarking on the indispensable role of copper in electricity transmission and the protective qualities of gold in space exploration technologies. The interview delves into the technical and logistical facets of Geophysx Jamaica’s exploration strategy, including extensive geochemical and geophysical surveys. Stewart also discusses the company’s future plans, hinting at the possibility of public offering and the exploration of downstream processing opportunities in Jamaica to enhance the value of its mineral projects. This conversation with Lifton not only sheds light on Geophysx Jamaica’s ambitious exploration endeavors but also highlights the broader implications for Jamaica’s role in the global mining industry.

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Disclaimer: Geophysx Jamaica Ltd. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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 the 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

In this interview with Tracy Weslosky during PDAC 2024, Christopher Berlet, President and CIO of MineralPrices.com discussed the current trends and future directions of the metals market. Christopher deep dives into the intricacies of mineral pricing and the scarcity of reliable sources for such data, underpinning MineralPrices.com mission to fill this gap.

As an industry expert, particularly in managed funds and precious metals like gold, Christopher expressed an optimistic outlook for precious metals, including both gold and silver.

The conversation further expanded into the critical minerals domain, where Christopher discussed the evolving landscape shaped by global policies and the varied critical mineral lists curated by different nations. Christopher expressed a keen interest in scandium and niobium due to their applications in lightweighting. Additionally, he discussed the market trends towards transparency and the beneficial role of electronic platforms in providing comprehensive, real-time pricing information and facilitating responsible sourcing.

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Disclaimer: MineralPrices.com is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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 the 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

In an enlightening conversation with InvestorNews host Tracy Weslosky, Raymond Goldie, President of the Prospectors & Developers Association of Canada (PDAC), unveiled details about the highly anticipated PDAC 2024 Convention. Scheduled for March 3-6, 2024, in Toronto, this event marks a continuation of PDAC’s legacy, now entering its 92nd year, as the premier global gathering for leaders, executives, government representatives, students, scientists, and enthusiasts in the mineral exploration and development sector. Goldie emphasized the convention’s significance, highlighting its role as the industry’s event-of-choice, reflecting PDAC’s longstanding influence and reach.

During his presidency, Raymond Goldie emphasized significant contributions in governance and policy updates as key achievements, setting the stage for PDAC to navigate future challenges effectively by securing access to essential resources like land, capital, and talent for its members. He also highlighted the transformative role of technology in mineral exploration, with innovations such as drones, advanced chemical analysis, and machine learning techniques revolutionizing the sector.

Looking ahead to PDAC 2024, Goldie shared his enthusiasm for what is poised to be an extraordinary event, occupying over 600,000 square feet across the Metro Toronto Convention Centre’s North and South Buildings, with additional special events at the Fairmont Royal York Hotel. This extensive setup underscores PDAC 2024 as one of the most significant milestones in the association’s history, reinforcing Toronto’s reputation as the world’s mining investment capital and Canada’s prominent position as the domicile for more than half of the global mining and exploration companies. To access the complete interview, click here

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About Prospectors & Developers Association of Canada (PDAC)

The Prospectors & Developers Association of Canada (PDAC) is the leading voice of the mineral exploration and development community, an industry that supports 719,000 people in direct and indirect employment, and contributes $106 billion to Canada’s GDP every year. Representing over 6,000 members around the world, PDAC’s work centers on supporting a competitive, responsible, and sustainable mineral sector.

To learn more about PDAC, click here

Disclaimer: PDAC is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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 the 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

The past week has been pivotal for the critical minerals industry, marked by a notable adjustment in the market for electric vehicle (EV) materials. Jack Lifton, Co-Chairman of the Critical Minerals Institute (CMI), offers a perspective that contrasts sharply with the more alarmist tones often found in media coverage of this sector. According to Lifton, the recent downturn in prices for key EV component materials, such as those for batteries and magnets, should not be misconstrued as a disaster. Instead, it’s a natural market correction, or “rightsizing,” where supply and demand are finding their equilibrium without the heavy hand of regulatory intervention attempting to influence market outcomes. This view is particularly poignant as it reflects on Western governments’ efforts to regulate the market, which Lifton suggests are largely ineffective in a true market economy driven by supply and demand dynamics.

Recent financial reports from industry leaders like China Northern Rare Earth have underscored this point, revealing a 60% drop in profits due to declining rare earth element prices. This trend is not indicative of strategic market manipulation but rather a response to an overestimated demand for EVs, as evidenced by falling EV sales in significant markets such as California. This recalibration is further exacerbated by the economic climate in America and Europe, where high interest rates have cooled consumer enthusiasm for major purchases, including EVs.

Despite these challenges, opportunities abound for discerning investors. Lifton advises that only the most efficient, low-cost producers of EV materials are likely to thrive under these conditions. Companies that can maintain profitability despite falling prices, particularly those in the neodymium sector, represent promising investment targets. This approach emphasizes the importance of due diligence, encouraging investors to closely examine the fundamentals of these companies, especially their production costs relative to current market prices.

The January 2024 CMI Report further contextualizes these market dynamics, highlighting the U.S. government’s move to ban Pentagon battery purchases from major Chinese companies starting October 2027. This development, alongside global macroeconomic trends and specific updates in the EV sector, paints a picture of a market at a critical juncture. Despite the gloom surrounding EV and battery metals, with depressed prices and surplus inventory, the report suggests a stabilization in lithium prices and potential for recovery in demand and pricing in the coming months.

Recent news from Lynas Rare Earths adds another layer to this complex scenario. The company reported a significant drop in revenue, attributed to falling prices and reduced demand from China. This situation reflects broader market trends but also highlights Lynas’ strategic moves to expand capacity and improve efficiency, suggesting a long-term view towards meeting future demand.

In conclusion, the narrative emerging from Jack Lifton’s insights, the CMI report, and the latest developments from companies like Lynas offers a multifaceted view of the critical minerals and EV materials market. While the short-term outlook may appear daunting, with price declines and demand uncertainties, the underlying message is one of resilience and strategic adaptation. For investors and industry stakeholders, the current market dynamics underscore the importance of efficiency, cost management, and the ability to anticipate and respond to evolving demand patterns. As the market continues to adjust, those who remain informed and agile are likely to navigate these shifts successfully, positioning themselves for growth as the sector evolves.

Wars, inflation, possible recessions, and a volatile world are all factors in 2023 that are helping to support the price of gold. Looking at the chart below gold continues to perform well over a long period of time.

The gold price is now at US$1,977/oz leading investors to search for well-valued gold miners, ideally those able to grow a resource and make it to production. Today’s company fits the bill with a recently announced good-sized resource in the safe jurisdiction of Canada.

The 25 year gold price chart shows gold prices rising consistently each decade

Source: Trading Economics

Troilus Gold Corp.

Troilus Gold Corp. (TSX: TLG | OTCQX: CHXMF) (“Troilus”) is focused on bringing the former Troilus gold and copper mine back into production. Troilus has a strategic land position of 435 km² in the Frôtet-Evans Greenstone Belt in Quebec, Canada.

On October 16, 2023, Troilus announced an updated Mineral Resource Estimate for their Troilus Project. The result was an Indicated Resource of 11.21M Oz AuEq contained and Inferred Resource of 1.80M Oz AuEq contained, a massive 126% increase on the 2020 Resources estimate.

The Troilus gold-copper Project has a M&I Resource of 11.21 million ounces equivalent

Source: Troilus news October 16, 2023

An 11.21M Oz equivalent gold exploration-development stage project in Canada is quite rare and ranks Troilus as having one of the largest gold-copper resources of any junior miner in Canada. The lower grade of 0.69g/t AuEq is the main concern; however, a well-managed open pit project with a good scale can overcome this, especially in the case of Troilus where a lot of the infrastructure is already in place due to being a former mine. The upcoming Feasibility Study will be key to watch and to get a feel for the economics of the project, in particular the forecast operating expenses. The PEA used a hybrid underground/open pit design which is no longer applicable given the latest resource showed the vast majority of the resource is accessible via the open pit.

Troilus CEO Justin Reed comments:

“With an 11.21 Moz AuEq Indicated resource, we believe our project is firmly positioned among North America’s largest undeveloped gold-copper deposits. The definition of the Southwest Zone and the recently discovered X22 Zone has been especially rewarding, with these zones contributing close to 30% of the increased resource. We are also gratified with the excellent quality of the resource, with most of our ounces appearing in the Indicated category. Furthermore, almost the entirety of these contained ounces are classified as ‘open pit’, which will form a strong foundation for our upcoming Feasibility Study, expected to be completed in early 2024. We continue to advance and de-risk our asset with a clear strategic roadmap toward a production scenario, with the goal of ultimately delivering the most value to our shareholders.”

Troilus Gold now has one of the largest undeveloped gold-copper resources for a junior miner in Canada

Source: Company presentation

The Troilus Project benefits from being a brownfield project with large infrastructure already in place

Troilus states that due to being a former mine, there is ~US$350M in inherited value in terms of infrastructure already built. This is a huge advantage for a junior gold miner as it reduces the initial CapEx to reach production.

Aerial view showing the Troilus gold and copper Project and ~US$350M of existing infrastructure

Source: Company presentation

Closing remarks

Troilus Gold is one of those quiet-achieving companies that just sneaks up on you. They have grown their gold equivalent resource by 446% since acquiring the Troilus Project to the point where it is now one of the largest undeveloped (non-producing) gold equivalent resources in North America.

All eyes will be on the upcoming Feasibility Study, expected to be completed in early 2024.

Troilus Gold Corp. trades on a market cap of only C$82M and should definitely be on your radar.

In a recent InvestorNews interview with host Tracy Weslosky, Paul Sarjeant, President, COO, and Director of Kobo Resources Inc. (TSXV: KRI), shared exciting developments about their ongoing exploration program at the Kossou Gold Project located in one of West Africa’s most prolific gold districts.

Paul explained that Kobo has been aggressive in advancing its trenching program, with a keen focus on the newly discovered Kadie Zone, situated just west of the Jagger Zone. Kobo has reported impressive results from both the zones, confirming significant gold soil anomalies at the Kadie Zone and strong gold mineralisation over a strike length in excess of 1.4 kilometres at the Jagger Zone. Paul further added that the Kadie Zone has been elevated to drill-ready status as part the Company’s exploration strategy.

Citing their proximity to an existing gold mine, Paul discussed Kossou Gold Project’s significant potential for gold discovery, its strategic location, and existing infrastructure. As Kobo Resources continues its trenching program and prepares for drilling, Paul also provides an update on the timeline for a resource estimate on the project.

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About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Cote d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to Perseus Mining’s Yaouré Gold Mine, one of the region’s largest gold mines with established processing facilities.

The Company has delivered excellent gold results and identified multiple shear zones with gold mineralisation as part of its maiden drill program. Drilling and exploration work remain ongoing to unlock the potential size and scale of the Kossou Gold Project within a strike length of more than 9 km of highly prospective zones, including the Road Cut Zone, the Jagger Zone, and the Kadie Zone.

Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience.

To know more about Kobo Resources Inc., click here

Disclaimer: Kobo Resources Inc. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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 the 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

In a recent InvestorNews interview with host Tracy Weslosky, CBLT Inc.’s (TSXV: CBLT) CEO, President, and Director Peter Clausi provides insights into CBLT’s multifaceted approach and commitment to strategic mergers and acquisitions (M&A), and value creation in the exploration industry.

Peter discussed how CBLT is focused on acquiring undervalued assets and strategically positioning them for growth. This involves acquiring assets that have temporarily fallen out of favor, improving or waiting for them to regain value, and then selling or partnering with other companies to take them to the next level.

CBLT’s extensive portfolio comprises over a dozen projects and deals, each chosen for specific reasons. One project of particular interest was Falcon Gold Mine, a former producer with impressive historical gold grades. Peter discussed that CBLT’s acquisition of this property was strategic, as it united three neighboring properties with the Garson Fault running through all of them.

Peter mentioned some noteworthy successes and highlighted projects like the Chilton Cobalt Property in Quebec and the Big Duck Lake Project at Hemlo West Camp in Ontario, both brimming with potential. Their involvement in the River-Cat Lake pegmatite field in Manitoba, adjacent to Canada’s only currently producing lithium mine, also promises exciting prospects.

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About CBLT Inc.

CBLT Inc. (TSXV: CBLT) is a Canadian mineral exploration company with a proven leadership team, targeting lithium, cobalt, and copper in reliable mining jurisdictions.

To learn more about CBLT Inc., click here

Disclaimer: CBLT Inc. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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 the 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

Canadian futures are mirroring global sentiments, dipping lower due to hawkish comments from Federal Reserve officials which spurred U.S. bond yields and sent global stocks on a downward trend. Gold too, followed this trend with losses, while the U.S. dollar solidified its position, even as oil prices slipped amid mixed supply signals.

In company-specific news from Canada, Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF) made waves with an announcement about a gold discovery at their Lucy Project in Mexico. Emphasizing the significance, CEO Alan Pangbourne highlighted the potential of the first phase of the drill results and shared excitement about the prospects of the discovery. The Lucy project, near a major highway, was staked by Chesapeake in 2017, and initial exploration discovered zinc-bearing skarns. Recent drills revealed a northeast trending zone of skarn with significant gold mineralization.

Further north, Imperial Mining Group Ltd. (TSXV: IPG | OTCQB: IMPNF) is sponsoring a three-year research initiative at McGill University. This endeavor will delve into understanding the unique formation of the scandium/Rare Earths deposit at their Crater Lake Project. The research, steered by internationally recognized Dr. Anthony Williams-Jones, aims to aid in efficient identification of higher-grade zones, improving profitability.

West Red Lake Gold Mines Ltd. (TSXV: WRLG) has charted out an ambitious plan for its projects in the Red Lake Gold District of Northwestern Ontario. They’re planning a 35,000-metre drill program for the Rowan Property, among other notable projects, aiming to put the Madsen Mine back into production by 2025. CEO Shane Williams praised the team’s efforts and expressed enthusiasm about the future.

On the U.S. front, the Russell 2000 index, reflecting the health of smaller U.S. firms, turned negative for the first time this year, spotlighting the concentrated gains in mega-caps. The U.S. Federal Reserve continues its discussions about a potential rate hike, with officials underlining the necessity of restrictive monetary policies to achieve the desired 2% inflation target.

From Europe and Asia, a possible rate hike by the U.S. Federal Reserve sparked debates. The European Commission is preparing to assess the weaponization risks posed by certain critical technologies. Meanwhile, in Britain, store chain prices rose at the slowest pace in a year this September. German footwear brand Birkenstock eyes a valuation of about $10 billion in its upcoming U.S. IPO. India’s meteorological updates hint at the driest August in over a century, and the Adani Group envisions expanding its integrated solar manufacturing capacity.

Investor.Coffee Daily Updates are intended to offer a brief summary of some business news highlights for today. Enjoy your morning coffee notes.

Romios Gold Resources Inc.‘s (TSXV: RG | OTCQB: RMIOF) (“Romios”) focus is on gold, copper and silver exploration in North America. Romios has a 100% interest in five properties in northwestern Ontario, Canada but their recent focus has been on their assets in Nevada, USA.

Therefore today’s article will give an update on Romios’ two projects in Nevada, the Kinkaid Gold-Copper-Silver Project and the Scossa Gold Project.

A summary of Romios’ assets spread across North America focusing on gold, copper and silver

The Kinkaid Gold-Copper-Silver Project (Nevada, USA) (100% owned)

The Kinkaid Project has dozens of old mine workings and prospect pits from the 1930s and ‘40s and includes the historic Montreal Gold-Silver mine.

Various prospecting over recent years has found a number of positive results including:

• In 2021, a small-scale historic mining operation on the southern claims assayed 212 g/t silver (6.8 oz/t Ag), 2.3% copper and 1 g/t gold.
• Chip and grab samples from two old trenches returned assays of 13.5 g/t gold and 4.34% copper from one trench and 5.8 to 36.3 g/t gold and 1.55% to 4.8% copper from another.
• Mineralized veins adjacent to garnet skarn workings (“P.M. Prospect”) on the northern claims also returned excellent results including 1,725 g/t silver (55 oz/t Ag), 6.9% zinc, 0.4% copper, plus lead, antimony, arsenic, and mercury.
• In May 2022, high-grade assays were reported from the southern claims of up to 17.9 g/t gold and 6.59% copper.
• 2023 exploration discovered three copper-bearing samples from the Dry Gulch #2 skarn in the NE corner of the Kinkaid claims assayed 1.1%, 7.2% and 16.55% copper across different intervals 20-40 cm wide.
• 2023 exploration from dumps at a previously unmapped old adit and shaft on a swarm of quartz-sulphide veins in the central Kinkaid claims returned gold assays of 2.4, 5.5 and 32.0 g/t gold and copper assays of 1.27% copper to 3.22% copper.

Romios stated in May 2023: “(Romios) commenced a program of detailed geological mapping and sampling across the Kinkaid property with emphasis on the numerous mineralized showings. Diamond drilling of several showings is anticipated in 2023.”

Romios stated in July 2023 that they intend to “further refine the geological model of the Kinkaid mineralization” and “at this point, various geophysical, geochemical and geological options are under consideration for detecting and outlining any possible porphyry/plutonic systems beneath the veins and skarn occurrences on the Kinkaid claims. Work at Kinkaid is expected to resume in September, 2023.”

The Scossa Gold Project (Nevada, USA) (100% owned)

The Scossa Gold Project covers a former high-grade gold mine that was in production from 1930-1941 and where historic drill programs intersected ‘bonanza’ (super high) grades over multiple meters.

What’s interesting is that past mining only reached as deep as 400 feet (~122 meters). Romios state that “large sections of multiple veins have not been drilled, and there are some newfound areas of potential vein development”.

Romios conducted drilling programs in 2002, 2003 and 2006, intersecting bonanza grade gold mineralization in several shallow holes including 3.35 m @ 180.2 g/t gold. There was also one rock chip sample assaying 25 g/t gold. Romios model shows a high potential target area down plunge of the past mining that has not been drilled and now becomes a high priority target of the next drill campaign.

One new area of potential vein development was found from an assay of 10.2 g/t Au which was returned from a sample of a >1 m wide quartz vein exposed 340 meters south along strike of the main veins at the historic Scossa Gold Mine site.

In a July 31, 2023 market update Romios stated:

“Several days were spent prospecting and mapping areas north and south along strike of the >700 m long epithermal vein system that produced high-grade gold ore averaging more than 1 ounce/ton (31.1 g/t) gold during mining operations in the 1930s……The 340-meter gap between the known veins and this new discovery is now considered highly prospective for extensions of the Scossa gold vein system and will be explored in the coming months through a combination of detailed geological mapping, soil sampling and hand-trenching where appropriate.“

Romios’ 2 Nevada projects (Kinkaid & Scossa) are within major mineral belts in Nevada, the world’s 4th largest gold producing region

Source: Company presentation

Closing remarks

Romios has recently completed fieldwork programs on the Kinkaid and Scossa Projects in Nevada. Both have returned encouraging results from new areas that have expanded the potential extent of both mineralized systems. Findings so far have included some good gold, copper, and silver grades. The next challenge is to discover larger mineralized zones that can be drilled and potentially produce some long drill lengths leading to a potential resource.

Meanwhile, Romios also has their numerous other projects, notably in Canada (details in an InvestorNews video here).

Romios Gold Resources trades on a market cap of only C$7 million, meaning any significant discovery can have a huge impact on the stock. One to follow in 2023.