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cover of episode Riverside Resources Receives Financing Boost from BHP

Riverside Resources Receives Financing Boost from BHP

2019/5/16
logo of podcast Mining Stock Daily

Mining Stock Daily

Shownotes Transcript

The price of gold on Wednesday traded over $1300 futures basis until mid-morning when a flood of Comex paper gold sell orders hit the market, driving the gold price back below $1300. Riverside Resources announced this morning that BHP has agreed to a two-year $2-million dollar exploration financing agreement to fund generative exploration in Mexico. Osisko Metals reported assay results for 53 drill holes completed within the East Mill zone in the Pine Point mining camp. Continental Gold shared new assay results from the initial 12 holes drilled into BMZ4. Almadex Minerals has entered into a secured gold loan agreement with Almaden Minerals pursuant to which Almadex has agreed to loan up to  1,597 ounces of gold to Almaden.

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Integra Resources trades on the TSX-V under ITR and the OTCQX under IRRZF. Integra Resource is advancing its past producing DeLamar (DeL - a - Marr ) Gold-Silver project in SW Idaho through aggressive drilling and exploration. An updated Resources Estimate is expected in Q2 and a maiden PEA in H2 2019. The management of Integra successfully sold its previous brownfields project for C$590 million in summer 2017. Read more about the company and its successful management team at integraresources.com).

Pacific Empire Minerals Corp. is a junior exploration company focused on the discovery of gold-rich copper deposits in British Columbia, Canada. Pacific Empire trades on the TSX Venture Exchange under the symbol PEMC and on the OTCQB markets under the symbol PEMSF. The Company currently has a very tight share structure. Pacific Empires’ unique approach to the prospect generator business model incorporates the Company’s own reverse circulation drill to advance projects beyond that of typical prospect generators. The focus for Pacific Empire during 2019 is its Babine Porphyry Belt projects in central British Columbia where Pacific Empire has assembled a 17,000 hectare land position over the past 12 months. During 2019, Pacific Empire is also planning aggressive reverse circulation drill programs on its Sat, Bulkley and Paragon properties. More information on Pacific Empire can be found at pemcorp.ca).

Brixton Metals is a precious metals exploration and development company which owns four high-potential gold silver and base metals project in both the US and in Canada. It’s Atlin Gold Project in British Columbia has shown exceptional exploration potential, returning up to 509 grams per ton gold over 5.57 meters at the project’s Yellowjacket zone. Read more about Atlin and the other projects under Brixton’s portfolio by visiting brixtonmetals.com). Brixton trades on the TSX venture under BBB and on the US OTC with BBBXF.

Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 10 billion pounds of copper and 18 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com).

Mining Stock Daily is produced by:

www.clearcreekdigital.com

www.investmentresearchdynamics.com (Mining Stock Journal)