August 2018

Buying Opportunity as Gold and Silver Shorts Reach Record Levels

Sprott Gold Report: Buying Opportunity as Gold and Silver Shorts Reach Record Levels August 23, 2018 By Shree Kargutkar, Portfolio Manager, Sprott Asset Management LP The Turkish lira has seen its value drop an astonishing 40% since the beginning of the year. The Argentine peso, the Brazilian real and the Russian ruble are the other

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Rob McEwen and McEwen Mining Acquire 18.8% of Canadian Miner

Source: Streetwise Reports 08/24/2018 The explorer announced high-grade gold results this week at its Red Lake District project in Ontario. Great Bear Resources Ltd. (GBR:TSX.V) will be conducting a private placement financing of units, priced at $1.45 per unit, for gross proceeds of up to $10 million with each unit consisting of one common share

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Heliborne Geophysical Survey Commenced in Peru

Source: Streetwise Reports 08/22/2018 The survey should assist with identifying the most prospective sectors for possible drill testing. New-Sense Geophysics Ltd. has commenced a 3,083-line-kilometer heliborne geophysical survey over Palamina Corp.’s (PA:TSX.V; PLMNF:OTC.MKTS) Coasa, Gaban and Cori gold projects in the Puno Orogenic gold belt (POGB) in southeastern Peru, Palamina stated in a news release.

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Gold Miner Begins Drilling Gold Target in British Columbia

Source: Streetwise Reports 08/22/2018 The drill program confirms the presence of a gold-bearing system. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has commenced drilling the Quartz Rise high-grade gold target on its 100%-owned Iskut project in northwestern British Columbia, the company stated in a news release. “Last year’s drill program, the first ever at Quartz Rise, confirmed

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Gold Miner Reports Infill Drill Results in Nevada Gold Deposit

Source: Streetwise Reports 08/22/2018 The results confirm continuity to mineralization and resource expansion potential. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) has released results from 24 core holes at the Pinion oxide gold deposit on its 100%-owned and controlled Railroad-Pinion project in Nevada’s Carlin Trend. “Among the better intersections were 15.6m of 3.26 g Au/t, 14.9m

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Goldcorp Increases Stake to 9.74% in Nevada Gold Explorer

Source: Streetwise Reports 08/21/2018 The company reported the closing of a non-brokered private placement with gold major Goldcorp taking a large stake. Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) recently announced the closing of the second and final tranche of the non-brokered private placement first reported on July 5, 2018. The tranche consisted of gross proceeds of

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