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Hercules Silver’s Systematic Approach Pays Off with Encouraging Drill Results

In the junior mining space, it’s often very difficult to take a slow and measured approach to things. Capital availability ebbs and flows with the markets, as does investor patience. You never want to run out of working capital when you have no news flow or the next equity raise could be very painful, and possibly very dilutive. And that assumes you can even find enough interest to raise that capital. However, if a company has surrounded itself with a tolerant investor base, then that patience can be rewarded when capital is finally spent on drilling and the results reflect all that timely, upfront work.

Hercules Silver Project in Idaho, USA

To me, it appears this strategy is starting to pay off for Hercules Silver Corp. (TSXV: BIG | OTCQB: BADEF), at least based on the stock chart over the last six months as its price has more than doubled. Hercules Silver (formerly Bald Eagle Gold Corp.) is a junior mining company focused on the exploration and development of the 100% owned Hercules Silver Project, northwest of Cambridge, Idaho. The Hercules project is a disseminated silver-lead-zinc system with 28,000 meters of historical drilling across 3.5 kilometers of strike. Although there are many signals indicating there could be plenty of copper to be found on the property as well, but more on that later.

In 2022, the Company elected to conserve capital and complete extensive modern field surveys in order to increase the efficiency of the drill targeting. To that end, Hercules Silver undertook an extensive bedrock mapping and sampling program, as well as a 3D induced polarization (IP) survey to help refine drill targets on the Property, including extensions of the known mineralization at Hercules Adit and Frogpond. The Company collected over 800 rock chip samples to identify the source of soil anomalies on the Property and found widespread silver, lead, zinc, and copper values.

Highlights include grades up to 21% copper at the Big Cut Skarn and 2,810 g/t silver in the untested Grade Creek Zone (keeping in mind that rock chip samples are selective and may not represent true grades). But the big surprise came from the IP survey where an unexpectedly large and strong anomaly appeared beneath the limit of historical drilling.

Large Untested Chargeability Anomaly at Depth Beneath the Hercules Adit, Frogpond, and Belmont Zones on the Hercules Property

Source: Hercules Silver December 15, 2022 Press Release

When the initial drill program commenced in November 2022, the Company elected to utilize a small, track-mounted drill rig in order to be capital efficient while collecting samples near the surface. However, this drill rig lacked the power and rod size needed for drilling deeper into the difficult ground, which resulted in Phase I drilling having multiple holes bottoming in mineralization or not reaching the target depth including that giant anomaly noted above. Nevertheless, there were some encouraging results:

  • Drill hole HER-22-01, the first hole of the program, intercepted 38 meters of 353 g/t Ag, 0.64% Pb, 2.28% Zn, and 0.16% Cu (487 g/t AgEq), beginning at a shallow depth of 26 m.
  • Drill hole HER-22-07 intersected 44.2 m grading 224 g/t Ag, 0.32% Pb, 0.38% Zn, and 0.09% Cu (258 g/t AgEq) starting at just 1.5 m.

The results achieved by this 9-hole program are in line with historically reported grades and widths and provide the Company with confidence in the large-scale exploration potential at Hercules moving forward. Additionally, it indicates that Hercules Silver could potentially incorporate large volumes of previous drilling data (over 28,000 meters of drilling in over 300 historical drill holes) into future resource calculations adding significant value to the project given the substantial replacement cost of this information.

Phase II Drill Program Set to Begin

This all sets the stage for a 3,000-meter Phase II core drilling program that is scheduled for spring 2023. The Company has gained in-depth geological information to further delineate existing zones and test the conceptual model of a zoned porphyry copper-epithermal system at Hercules. And the best part is, Hercules Silver is moving past the “dipping their toe in the water” stage and is going forward with a core rig capable of deep drilling to provide more robust geological and structural information than RC methods. A newer coring technology, triple tube core barrels will be employed with the added bonus of improving recoveries within mineralized zones.

As you can see, patience is starting to pay off for Hercules Silver as their drill programs become more targeted and potentially more impactful. Being able to drill the deeper targets will determine if their theories hold water, which in turn could reward those patient shareholders.

Hercules Silver trades at a market cap of C$33.5 million.




Silver Bullet Resumes Processing Material at the Buckeye Silver Mine in Arizona

Sometimes the best-laid plans don’t go the way you had hoped. It makes me think of the old adage “if it was easy, everyone would do it”. This seems especially true in the world of mining. Nothing ever seems to work out on the timeline anticipated and quite often it isn’t on budget either. Nevertheless, all those steadfast entrepreneurs involved in junior mining soldier on, and hopefully someday they will reap the rewards of their efforts for themselves and their shareholders.

When I last wrote about Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF) it was a story that was seemingly going from good to great. In July 2022, Silver Bullet announced it had successfully completed the commissioning of its wholly owned 125-tonne-per-day (MTPD) state-of-the-art mill, to process material from the Company’s flagship Black Diamond Property. By mid-July the Company announced it had successfully produced silver, which is remarkable considering they spent less than C$3 million building this fully functional mill. However, after processing only 60 tons of Buckeye Mine material, they encountered challenges in pouring proper silver dore bars. Further review of what caused these challenges led to samples from its concentrates being sent to a third-party lab (Lone Pine Analytical), for further analysis. That analysis revealed significant quantities of Platinum Group Metals (PGMs) and gold in the mineralized material. Hence my comment about the story going from good to great.

PGMs and Gold or Not, That is the Question

Based on this new information, the Company temporarily stopped processing materials at the mill while it reviewed with metallurgical consultants, the best way to extract the PGMs and gold along with the silver. As far as problems go, this is a pretty good one to have to explain to shareholders. But that’s when things took another twist, and this time it wasn’t as good a story for investors. On March 2, 2023, Silver Bullet reported it had received results from six referee/check samples submitted to a second independent third-party lab (Activation Laboratories Inc.) which put the previous results into question. These new results indicate there is virtually no gold, palladium, and platinum versus that reported by Lone Pine Analytical.

Check Assay Results Not Syncing – Further Verification Required

The March 2, 2023 press release states that Lab #2 assayed these samples using ICP (induced coupled plasma) followed by OES (optical emission spectroscopy) analysis versus Lab #1 which used Mass Spectroscopy (MS), which is very technical for those not in the mineral analytical industry. Silver Bullet is investigating whether the difference in the process could explain the discrepancy in results so samples have been sent to a third independent certified lab for further verification and the results will be disclosed to the public immediately upon receipt.

Magnet Separates Iron from Mineralized Material to Resolve Silver Bar Issues

Whatever results from the mystery of the PGMs, Silver Bullet is moving forward and is back on track to start generating cash flow from the processing of mineralized material at its 125 TPD pilot plant. The Company identified the presence of a highly magnetic iron alloy in the mineralized material which led to malformed dore bars. This was addressed by using a high-intensity magnet to pull the iron alloy from the concentrate prior to the smelting process and just like that, Silver Bullet was back in business and photographed a silver dore bar poured after the iron alloy was removed. The Company has stockpiled approximately 750 tons of mineralized material at the surface at the Buckeye Mine site, for shipment and processing at the mill site in Globe, Arizona. The Company is currently mining 150 to 200 tons of mineralized material per day, although rates will vary.

Upper Main Vein Assays up to 270.6 Ounces per Ton

Additionally, the Company began extracting mineralized material from a different section of the Buckeye Silver Mine, about 380 feet (116 metres) from the entrance to the adit as it works behind an area known as the “Treasure Room“. The first significant assays from this vein were 43, 178.6, and 270.6 ounces of silver per ton (opt), which did not include material from the footwall. Grades like that will quickly make you less concerned about whether there are PGMs and gold sprinkled in for good measure.

Cash Flow Around the Corner

Depending on how quickly Silver Bullet can start generating free cash flow from the renewed silver operations, there’s a chance the Company can start self-funding future working capital. It could be a fine line given there was only C$347,000 in cash and cash equivalents and working capital of C$285,000 available at the end of 2022, but, once the mill is producing silver at a regular clip, there is always the potential for off-take agreements that could provide cash advances. As a junior miner, you always seem to be walking a tightrope between positive and negative momentum, but it appears Silver Bullet is swinging the pendulum back to the positive side of the ledger with the potential of cash flow just around the corner and pending resolution on the PGM and gold mystery.

With a market cap of C$12 million and a chart that appears to have found a good base in the C$0.17-C$0.18 range, there could be some exciting times ahead for SBMI.




Hercules Silver’s CEO Chris Paul Discusses Recent Results from District-Sized Silver Project in Idaho

In this InvestorIntel interview, Tracy Weslosky talks to Hercules Silver Corp.’s (TSXV: BIG | OTCQB: BADEF) CEO and Director Chris Paul about delineating a large mineral system at their Hercules Property located in western Idaho. Chris discusses how their 2022 rock chip sampling program identified a widespread silver-lead-zinc-copper system, with up to 2,810 g/t silver and 21% copper in previously untested targets.

Located in one of the top jurisdictions in the world for mining, Chris provides an update on the Phase 1 drill program at their Hercules Property.

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About Hercules Silver Corp.

Hercules Silver Corp. is a junior mining company focused on the exploration and development of the 100% owned Hercules Silver Project, northwest of Cambridge, Idaho.

The Hercules project is a disseminated silver-lead-zinc system with 28,000 meters of historical drilling across 3.5 kilometers of strike. The Company is well positioned for growth through the drill bit in 2023, having completed extensive surface exploration in 2022 consisting of soil & rock sampling, geological mapping, IP geophysics, and a 9-hole drill program.

The Company’s management team brings significant exploration experience through the discovery and development of numerous precious metals projects worldwide.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

To know more about Hercules Silver Corp., click here

Disclaimer: Hercules Silver 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 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. 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 contact us at +1 416 792 8228 and/or email us direct at [email protected].




Stephen Burega on what Survey Results may offer Romios Gold Shareholders

In this interview Peter Clausi has Romios Gold Resources Inc.’s (TSXV: RG | OTCQB: RMIOF) CEO, President, and Director Stephen Burega discuss about being a multi-jurisdictional exploration company focused primarily on gold, copper and silver. Starting the discussion on the “…newly discovered, copper and tungsten bearing skarn” released from the 2022 IP (Induced Polarization) survey at the Trek South Project in BC’s Golden Triangle, Stephen explains how these results offer the potential for substantial mineralization on the project.

Covering a wide range of topics around Romios Gold’s portfolio of assets and projects, Stephen goes on to discuss Romios’ Kinkaid Project and Scossa Gold Project in Nevada, which is ranked as one of the top mining jurisdictions in the world. As a former high-grade gold producer, Stephen says that some of the ores at the Scossa Gold Project were so high that it was stored in a bank vault.

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About Romios Gold Resources Inc.

Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the “Golden Triangle” of British Columbia. Additional interests include the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company retains an ongoing interest in several properties including a 20% carried interest in five of Honey Badger Mining’s claim blocks in the Thunder Bay silver district of northwestern Ontario; a 2% NSR on McEwen Mining’s Hislop gold property in Ontario; a 2% NSR on Enduro Metals’ Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. (“Copperhead”) whereby Copperhead can acquire a 75% ownership interest in Romios’ Red Line Property in BC.

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 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. 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 contact us at +1 416 792 8228 and/or email us direct at [email protected].




Old school exploration and prospecting by veteran players offers the key to the Radius Gold heart

How many times have you heard the expression “stick to your knitting”? If you are my vintage, you’ve probably heard it a million times but I may not be a representative demographic for readers of this website. For those who haven’t heard this phrase before, it basically means to continue to do something that you are experienced at. This is a great segue for the junior mining company we are going to discuss today which is constantly exploring new targets and evaluating opportunities in order to maintain a portfolio of compelling prospects and a pipeline of projects in various stages of exploration and drilling. And they are doing it in a way where they aren’t getting bogged down by having to drill all these prospects and perpetually raise capital to keep the treadmill going.

Being a prospect incubator isn’t a unique concept but I am impressed with the way Radius Gold Inc. (TSXV: RDU) is running their business. The Company is always evaluating new projects and constantly has teams in the field prospecting and evaluating new targets. Radius has a portfolio of projects located in Mexico, the United States, and Guatemala which it continues to advance, utilizing partnerships where appropriate in order to retain the Company’s strong treasury. At the same time, management is seeking out additional investment and project acquisition opportunities across the globe. Radius is a member of the Gold Group of companies, led by Simon Ridgway.

Highlights of the current opportunities being pursued by Radius include the Amalia project which is a joint venture with Pan American Silver Corp. (TSX: PAAS | Nasdaq: PAAS). The 10,250-hectare property includes the Amalia, California and El Cuervo major vein systems which are open at depth and along strike.  Within these systems are multiple targets which are included in Radius’ consolidated concessions that extend for more than 10 km of strike length. Pursuant to an option agreement signed in June 2018, Pan American Silver Corp. has completed its right to earn an initial 65% interest in the Amalia Project by making cash payments to Radius totalling US$1.5 million (paid) and expending US$2 million on exploration over four years (completed).

Source: Radius Gold Corp November 22, 2022 Press Release

The Amalia project is a large gold-silver epithermal system. Significant mineralization has been defined at the three main targets drilled to date (Amalia, California and El Cuervo). The targets are open at depth and along strike and many other targets remain to be drill tested. With an excess of 10 kilometres of vein systems, mineralization extending over 1,000 vertical metres and multiple targets yet untested, the Amalia Project has great potential but still requires significant drilling to define the overall extents. The Company’s management is in discussion with Pan American to chart the best way forward for both companies.

Another interesting prospect that has been joint ventured is in SE Guatemala. The Company signed an agreement in May 2020 whereby it has granted to Volcanic Gold Mines Inc. (TSXV: VG) the exclusive option to acquire a 60% interest in the Company’s Holly and Banderas gold-silver properties in Guatemala. Volcanic may exercise the Option by spending US$7.0 million on exploration of the properties within 48 months from the date drilling permits are granted. First year requirements of incurring at least US$1.0 million on exploration, including carrying out a minimum 3,000 metres of drilling, have been completed by Volcanic. Volcanic recently published an Inferred Mineral Resource for the Holly property.

The Plata Verde project is a third exciting prospect that is in the process of seeing a transaction negotiated. It is located in Chihuahua, 100km north of the Amalia project and 50km southeast of the historic Batopilas silver mining district. In July 2022, Radius announced an Exclusivity Agreement with Minera San Julian, S.A. de C.V., a wholly owned subsidiary of Fresnillo plc, for the Plata Verde Project. The Agreement granted Minera San Julian an exclusive right for nine months to negotiate an option agreement to earn a 70% interest in the project. Since that time Minera San Julian has funded significant advances on the property: US$100,000 paid to Radius on signing the Agreement; US$65,000 paid in underlying property option payments; US$103,600 paid to clear historic back taxes and return the property to full legal compliance; and US$35,400 paid in investment costs at the project. Plato Verde option terms include:

  • Minera San Julian would spend, over a four year period, a minimum cumulative amount of US$5.0 million on exploration activities at the Plata Verde Project, and make option payments to Radius totalling US$3.117 million, which includes US$1.117 million to cover underlying property payments.
  • If the option is exercised, a new company (NewCo) would be set up to own the Plata Verde Project, Newco would be owned 70% by Minera San Julian and 30% by Radius with any additional funding required by NewCo being provided by Minera San Julian and Radius in proportion to their respective ownership interests in NewCo.

The list goes on with the Maricela project, located within the prolifically mineralized Arizona – Sonora porphyry belt, 20km south of the Cananea mine, one of the world’s largest open pit copper mines. The Maricela property shows no evidence of previous drilling or systematic exploration. As well, there is the Motagua Norte prospect in Guatemala where Radius holds a 240,000 hectare land position with multiple early stage prospects. Plus Radius holds an almost 9% interest (roughly 4 million shares) in Rackla Metals Inc. (TSXV: RAK) which we discussed on InvestorIntel back in late August.

And exploration is always ongoing. At this time the Company has two geological teams in the field in Mexico working on a new target where prospecting has identified a newly identified volcanic basin with alluvial gold panned from multiple streams and stream sediment samples returning significant results over a wide area. In Nevada the Company has a geological team evaluating a newly identified large scale altered breccia that appears to host significant gold mineralization.

There is definitely a trend to all of this. Radius Gold has a knack for finding opportunities but letting others do the heavy lifting. Sure, you may not get the full impact of a great drill result on a 100% owned property but those results can be few and far between. With Radius you have numerous options to find something of interest and seemingly even more to come. Radius expects its current capital resources to be sufficient to carry out its exploration and investment plans and operating costs for the next twelve months meaning no further dilution either for this C$17 million market cap company.




TRU’s Joel Freudman on ‘exceptional’ high-grade gold results from rock samples collected at the Golden Rose Project in Newfoundland

In this InvestorIntel interview, host Tracy Weslosky interviews TRU Precious Metals Corp.’s (TSXV: TRU | OTCQB: TRUIF) Co-Founder, CEO and Director Joel Freudman about TRU’s ‘exceptional numbers’ on high-grade gold results collected at the Golden Rose Project in Central Newfoundland that were recently announced. This news release described visible gold and high-grade gold results from rock samples, Joel commented on some of the positive highlights contained in the news release, which includes the following excerpt:

  • Visible gold is evident in outcrop and in bedrock grab samples collected from a recently extended trench at Mark’s Pond. The grab samples were taken from a sheared volcaniclastic and graphitic unit containing a significant number of quartz-carbonate veins. Mapping and channel sampling within the trench have confirmed the presence of visible coarse- and fine-grained gold both within these quartz-carbonate veins and the surrounding wall rock along a newly discovered shear zone approximately 130 m northwest of the Mark’s Pond Gold Zone.
  • Three bedrock grab samples collected from newly exposed outcrop in the Mark’s Pond trench have returned very high-grade gold assay results from total pulp metallics analysis (metallic screening) including weighted average total Au values of 1,929 g/t Au, 205.6 g/t Au, and 180.1 g/t Au (Table 1 and Figure 2).
  • Four bedrock grab samples collected at the Rich House target along the northern shore of Victoria Lake returned weighted average total Au values between 4.3 and 16.8 g/t Au from metallic screening analysis (Table 1 and Figure 1).
  • A series of channel samples have been collected in the recently excavated 275 m long trench at Mark’s Pond including a 23 m long easterly extension at the southern end of the trench along strike of the gold-bearing volcaniclastic and graphitic shear zone. Those assay results are pending from the laboratory.

Located between two large gold projects (Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project), Joel says that they have now identified multiple targets at the Golden Rose Project with gold, silver and copper.

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About TRU Precious Metals Corp.

TRU (TSXV: TRU) (OTCQB: TRUIF) is on a mission to build long-term shareholder value, through prudent natural resource property development and transactions. TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt, and has an option with TSX-listed Altius Minerals to purchase 100% of the Golden Rose Project. Golden Rose is a regional-scale 236 km2 land package, including a recently discovered 20 km district-scale structure, and an additional 45 km of strike length along the deposit-bearing Cape Ray – Valentine Lake Shear Zone, directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project.

In addition, TRU has an option to acquire up to an aggregate 65% ownership interest in two large claim packages covering 33.25 km2including a 12 km strike length along the Cape Ray – Valentine Lake Shear Zone within Golden Rose.

To know more about TRU Precious Metals Corp., click here

Disclaimer: TRU Precious Metals 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 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. 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 contact us at +1 416 792 8228 and/or email us direct at [email protected].




Bruce Smith on Radius Gold’s operation of influence in acquiring high grade gold and silver projects

In this InvestorIntel interview, expert host Tracy Weslosky interviews Radius Gold Inc.’s (TSXV: RDU) CEO, President and Director Bruce Smith about their portfolio of high grade gold and silver projects in Mexico and Guatemala. Highlighting how partnerships with some of the largest mining companies in the world reduces risk for shareholders, Bruce offers insight on how the experience level of the Radius Gold management team is the reason why they are able to execute such a competitive operation strategy.

Starting with an update on the joint venture between the Amalia Project and Pan American Silver Corp. (NASDAQ: PAAS | TSX: PAAS), Bruce explains that “Some of the drill holes we drilled at the start were the best epithermal gold silver drill holes in the world.” He then goes on to offer an update on the Plata Verde project with the world’s leading silver producer and Mexico’s largest gold producer, Fresnillo plc, adding: “We are good at finding great projects.”

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Radius Gold Inc.

Radius has a portfolio of projects located in Mexico, United States and Guatemala which it continues to advance, utilizing partnerships where appropriate in order to retain the Company’s strong treasury.  At the same time, management is seeking out additional investment and project acquisition opportunities across the globe.  Radius is a member of the Gold Group of companies, led by Simon Ridgway.

To know more about Radius Gold Inc., click here

Disclaimer: 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 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. 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 contact us at +1 416 792 8228 and/or email us direct at [email protected].




Romios Gold has discovered a major geophysical target beneath the Trek South Copper-Gold-Silver Project in Canada

As the U.S Federal Reserve potentially approaches the end of their interest rate rising cycle the gold selector will likely swing back into favor. This is because gold stocks tend to perform better when rates are not rising or are falling. For now it looks like the Fed will soon pivot to slowing down interest rates rises and we may reach peak interest rates in H1, 2023, assuming inflation continues to decline from the latest CPI reading of 7.7%. Also given that the equity markets tend to look forward by about 6 months, it may well be time to take a look again at some gold mining companies, many of which have been beaten down in 2022.

Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) (“Romios”) is advancing its gold, silver, and copper properties in Canada and the USA. Several of Romios’ properties are located in Canada’s Golden Triangle, a region famous for large gold discoveries and mines.

Romios’ properties include:

  • Golden Triangle (British Colombia, Canada) (flagship region with 79,789 ha) – Trek North, Trek South, JW, North West & Porc, Royce, Southwest Block, Northeast Claim Block, Andrei, Boulder. (Note: Several are shown on the map below)
  • Ontario (Canada) – Lundmark-Akow Lake, North Caribou River, Arseno Lake, Eyap Lake, Markop Lake.
  • Quebec (Canada) – La Corne Molybdenum Project.
  • Nevada (USA) – Scossa Mine, Kinkaid Project.

Romios Gold’s claims in the Golden Triangle of British Columbia, Canada

Romios has discovered a major geophysical target beneath the Trek South Project in BC, Canada

Romios has had several exciting pieces of news lately.

As announced on November 9, Romios has discovered a major geophysical target beneath the Trek South Project. Romios stated: “2022 IP (Induced Polarization) survey at Trek South has detected a strong IP chargeability high interpreted to be >800 m long and up to 500 m wide that extends beyond 600 m depth beneath both a large, newly discovered, copper and tungsten bearing skarn, and the ~1 km wide porphyry-style alteration and mineralization zone discovered in 2021.”

Romios’ CEO and President, Mr. Stephen Burega, commented: “The combination of a large skarn target flanking an intrusion that is a potential host to porphyry type mineralization creates a drill target of the highest priority that will require a substantial financial commitment, and we are actively engaged in identifying a potential partner to bring their expertise and funding to support this important program.”

The Trek South 3D chargeability model derived from IP data. Chargeability highs in red are believed to reflect sulphide mineralization beneath the exposed porphyry and skarn mineralization.

As announced on October 13, Romios has expanded the known extent of mineralization at the TOE Zone on Romios’ Trek Property in the Golden Triangle of NW British Columbia. Romios stated: “The known extent of this mineralization was increased by 75% in 2022 and it is believed that there is room for substantial expansion as many of the showings trend off under overburden.” Romios President & CEO, Stephen Burega, stated: “We are very encouraged by the latest results from the TOE Zone, especially given its close proximity (600 m) to our Trek South porphyry Cu-Au-Ag target, which is Romios’ current primary focus in the Golden Triangle…..This is one of several historic high-grade showings on Trek that we expect to include in the anticipated future drill program at Trek South.”

As announced on September 29, Romios has now completed an extensive exploration program on six of the company’s projects in the Golden Triangle of northwestern British Columbia. Romios stated: “Field observations on some of the claim blocks are very encouraging, particularly those from the Trek South Porphyry Cu-Au-Ag prospect.” At Trek South the IP survey and a Magnetotelluric Survey have been completed. These will be used to produce 3D modelling that will give a better idea of the potential target. Stephen Burega, President and CEO, stated: “The 3D modelling will be key to opening conversations with potential funding partners for the Trek South prospect……We are looking forward to correlating these results with the mineralized surface exposures, and to sharing more in the near future once the modelling is completed.”

The next several months look to be very exciting for Romios investors as the company potentially moves forward towards drilling their very exciting geophysical target at the Trek South Project. The region and past work suggest the possibility of discovering a significant copper-gold-silver system.

Romios Gold Resources trades on a market cap of C$8M, so clearly any significant drill results can be company changing.




Silver Bullet Mines discovers palladium and gold in its silver production at its Buckeye Mine

I really like the story behind the company I’m going to discuss today. Now don’t confuse this with investment advice or a recommendation to rush out and buy the stock. I’m simply talking about the history of the property and the derivation of the company name as it relates to its flagship mining asset. The company is Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF) and it actually has a traceable history to the Lone Ranger and his calling card, the silver bullet. If you want more fun and interesting historical facts about the company’s flagship Black Diamond Property please go and have a read here. If that has no appeal to you then no worries, we’ll get on with what’s attracting investor interest today.

As interesting as the back story is, the latest news out of Silver Bullet has far more appeal from an investor’s perspective, although a little operational background may be useful here. The Black Diamond property is located in Gila County, Arizona about ten miles north of the town of Globe and is centered on the mining area referred to as the Richmond Basin. The property covers approximately 4,793 acres (1,940 ha) and is host to several past producing underground primary silver mines. The Buckeye patent is contained within the east central part of the Black Diamond claim block and hosts the past producing Buckeye Mine, which was re-opened and test mined in 2017. Fast forward to July, 2022 and Silver Bullet announced it had successfully completed commissioning of its wholly owned 125 MTPD state of the art mill. By mid-July the Company announced it had successfully produced silver, which is remarkable considering they spent less than C$3 million building this fully functional mill.

However, after Silver Bullet processed roughly 60 tons of Buckeye Mine material at its 100%-owned mill, they encountered challenges in pouring proper silver dore bars to satisfy the outstanding sample run order. Further review of what caused these challenges turned into the kind of problem we all wished we could have. To help identify the possible source of the issues, the Company sent samples from its concentrates to Lone Pine Analytical, a third-party lab, for further analysis. That analysis revealed significant quantities of palladium and gold in the mineralized material. Like I said, as far as problems go, that’s a pretty good one to encounter.

For reference below, note that one ppm (part per million) is equivalent to one gram per ton and there are 28.34 grams in one ounce.

Source: Silver Bullet Mines Inc. September 26, 2022 Press Release

Early on Silver Bullet made the decision to build their mill in Arizona to high standards, and as a result they were able to immediately recognize there were significant amounts of elements other than silver in this material. Standard exploration techniques would not have found the gold or palladium without the expenditure of millions of exploration dollars, thus the company was able to achieve this more quickly and for much less money. Silver Bullet has found a potential buyer for the concentrates, who is likely able to process the palladium in addition to the gold and silver, but before making final decisions the company is waiting on further assay data and input from metallurgists, engineers and others.

Another exciting aspect about these newly discovered materials, aside from the fact that both gold and palladium sell for a significantly higher price than silver, is that palladium, platinum and most of the other materials identified above are on the critical minerals list. Readers can correct me if I’m wrong, but I believe the only significant producer of palladium in the U.S. is Sibanye-Stillwater in Montana, so this has broad reaching ramifications as “on-shoring” and security of supply increase in importance. There is anecdotal evidence of Pt-Pd production as a by-product of porphyry mining in the Globe area which could be a possible game-changer, not just for Silver Bullet but for mining in Arizona. And we all know how a rising tide lifts all boats when a specific geographic region becomes the focal point for an area play. Even better if it’s a critical mineral.

It’s exciting times for the team at Silver Bullet Mines. Stumbling upon high values minerals contained in your already high grade silver (a recent grab sample returned one assay graded 2,214.4 oz/t silver and another at 2,363.8 oz/t silver) is about as good as it gets for a junior miner. With a market cap of just under C$13 million it will be interesting to see how much cash flow the company can start generating when it figures out what to do with those pesky but incredibly valuable bonus materials.




Peter Clausi of Silver Bullet Mines on discovering palladium and gold at its Buckeye Silver Mine

In this InvestorIntel interview, host Tracy Weslosky talks to Silver Bullet Mines Corp.’s (TSXV: SBMI | OTCQB: SBMCF) VP Capital Markets and Director Peter Clausi about the surprise discovery of significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona.

“We found gold, palladium, and rhodium in our silver vein as we’re processing the silver,” Peter tells Tracy.”What happened was we were trying to pour doré bars” he continues. “We could not get the silver to smelt correctly from this new part of the vein. The field team thought it was because there was a metal included that needed to be smelted at a higher temperature, and it turns out they were right – that’s the palladium.” That is what caused the silver doré bars “to be so ugly,” he says.

Peter points out that there’s only one palladium mine in the U.S., and palladium is currently at about $2,200 US/oz. “This is a wonderful win for the shareholders… If the silver was economic for us at $16 an ounce, imagine what it looks like with gold, rhodium and palladium.”

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About Silver Bullet Mines Corp.

Silver Bullet Mines Corp. is a silver and copper exploration and development company with projects in the western USA. Their flagship project is the Black Diamond, close to 5,000 acres in the Miami-Globe copper camp and centered on the Richmond Basin. The basin is the site of the original 1870s native silver discoveries that brought prospectors to the now significant Globe copper camp. The story goes that a scouting party was fired upon by Apache Indians using bullets made of hammered native silver. Thus inspiring the company name – Silver Bullet Mines. The Richmond Basin is the location of several historic high grade silver-copper mines including: McMorris, La Plata, Helena, Silver Sevens, Buckeye and numerous associated prospects. Little work or extraction came from this area since the early 20th century as the camp focused on big copper mines. But these mine anchor this section of what is called the Arizona Silver Belt that extends from the famous Silver King near Superior, AZ and parallels the trend of the major copper deposits including the Magma mine. They believe the high grade silver is still there waiting for discovery.

To know more about Silver Bullet Mines Corp., click here

Disclaimer: Silver Bullet Mines 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 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. 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.

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