Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.
By Doc Jones the Resource Investor
The Math never lies
Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.Mar 20, 2023
$INTR.V $IMTCF Intrepid Metals CEO Ken Brophy COPPER!
INTR is one of the best unknown copper plays in the market that has potential for large scale, high grade. Just read the presentation and look at the historical results. This is the first time these deposits and land package have been consolidated under one company.
Presentation: https://www.intrepidmetals.com/images/pdf/presentation/2024/Intrepid_Metals_PPT_Feb_22_2024.pdf
Press release this morning: https://ceo.ca/@newsfile/intrepid-metals-completes-first-4-drill-holes-at-corral
"We are getting great recovery and we have extended two of our holes beyond the planned depth based on visual inspection of the core."
"Intrepid Metals is a multi asset company focused on high-grade copper, silver and zinc projects in proximity to established mining jurisdictions in south-eastern Arizona, USA. The Company has acquired several drill ready projects, including the Corral Copper Project (a district scale advanced exploration and development opportunity), and the Tombstone South Project (within the historical Tombstone mining district and shares geological similarities to South 32’s Taylor Deposit) both of which are located in Cochise County, Arizona and the Mesa Well Project located in the Laramide Copper Porphyry Belt in Arizona. Intrepid has assembled an exceptional team with considerable experience with exploration, developing, and permitting new projects within North America. Intrepid is traded on the TSX Venture Exchange (TSX-V) under the symbol “INTR” and on the OTCQB Venture Market under the symbol “IMTCF”.
Corral Copper Project
- advanced stage, 100% controlled copper project in Arizona
- Over 50,000m of historical drilling has been completed within the district, with near surface mineralization of copper, silver, zinc and gold, including 126.2 metres of 1.24% copper
- Robust land package of over 9,600 acres (15 square miles) of mineral rights including over 1,800 acres of Patented mining claims and surface rights
Not investment advice, for educational purposes only.
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
NICAN Ltd CEO Brad Humphrey $NICN bought deal, Multiple Mineralized Zones, Including 2.32% NiEq over 31.5 Meters
The hole that put them on the map recently:
https://ceo.ca/@newswire/nicans-drilling-at-the-wine-project-manitoba-canada
NiCAN's Drilling at the Wine Project, Manitoba, Canada Intersects Multiple Mineralized Zones, Including 2.32% NiEq over 31.5 Meters
TORONTO, Jan. 31, 2024 /CNW/ - NiCAN Limited ("NiCAN" or the "Company") (TSXV: NICN) is pleased to report assay results from its Phase III drilling program on the Wine Property located in the Snow Lake area, Manitoba, Canada (Figure 4). This program expanded several mineralized zones at the Wine Occurrence, including an upper zone that appears to be eastward dipping, and advanced our understanding of the overall Wine Gabbro.
- Diamond drill hole Wine 23-29 intersected multiple zones of mineralization including,
- 31.5 meters averaging 1.90% Cu and 1.92% Ni (2.31% NiEq) (Table 1 and Figure 1) - the longest zone of continuous mineralization intersected to date, and also
- an Upper Zone averaging 2.20% Cu and 1.56% Ni (2.11% NiEq) over 9.6 meters (Table 2 and Figure 2)
The Bought Deal:
https://ceo.ca/@globenewswire/nican-announces-closing-of-bought-deal-private-placement
Presentation: https://www.nicanltd.com/_resources/presentations/corporate-presentation.pdf?20240227
Magna Mining $NICU $MGMNF Update Jan 30th with CEO Jason Jessup
Since the recording and broadcast on Twitter Spaces Magna released exceptional assays on Feb 20th:
https://ceo.ca/@newsfile/magna-mining-provides-first-2024-drilling-results
"Magna Mining Provides First 2024 Drilling Results, Including 1.1% Ni, 8.3% Cu, and 13.9 g/t Pt+Pd+Au Over 3.0 Metres
Sudbury, Ontario--(Newsfile Corp. - February 20, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide initial drilling results from the 2024 exploration program at Crean Hill, targeting the near surface advanced exploration area of the 109 FW Zone.
Highlights from the new assay results include:
- 109 FW Zone
MCR-24-060: 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 metres
Including 1.1% Ni, 8.3 % Cu, 13.9 g/t Pt + Pd + Au over 3.0 metres
MCR-234-061: 0.6% Ni, 1.0 % Cu, 9.5 g/t Pt + Pd + Au over 14.7 metres
Including 1.6% Ni, 3.5 % Cu, 12.5 g/t Pt + Pd + Au over 2.9 metres
And 2.2% Ni, 1.2 % Cu, 28.7 g/t Pt + Pd + Au over 1.0 metres
MCR-24-065: 0.2% Ni, 1.1 % Cu, 11.4 g/t Pt + Pd + Au over 10.2 metres
Including 1.5% Ni, 10.7 % Cu, 16.0 g/t Pt + Pd + Au over 0.7 metres
Dave King, SVP Technical Services stated, "Drilling results reported today are from the near surface portion of the 109 FW Zone. The objective of the current drilling is to define the continuity of the high grade core of the zone, and the limits of the low-sulphide, high precious metal mineralized envelope. The 2024 drilling to date confirms the continuity of metre scale massive sulphide veins, grading up to 1.1% Ni, 8.3% Cu and 13.9 g/t Pt + Pd +Au over 3.0 metres, within a broader mineralized breccia averaging approximately 12 to 15 metres wide, and grading up to 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 metres (Figure 1 and 2). Data acquired will be used to update the 109 FW zone geological model and will facilitate planning of our Advanced Exploration program scheduled to commence in the second half of 2024."
Currently two drills are active at Crean Hill, with one rig supporting Advanced Exploration planning, and six drillholes have been completed to date. A summary of assay results is presented in Table 1 and drillhole collars are presented in Table 2. A second drill has been focused on testing high-priority exploration targets in the footwall of the Crean Hill orebody. A third drill has recently been mobilized to the Shakespeare site and has commenced regional exploration drilling. Magna is fully funded to complete 25,000 metres of exploration drilling in 2024."
Abitibi Metals Corp CEO Jon Deluce
$AMQ $ANQFF drills on-site at the B26 Polymetallic Deposit (“B26” or the “Deposit”). The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. This is the Maiden Drill Program at the B26 Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq)
Recorded Feb 13th 2023
Since recording this news was released: https://ceo.ca/@newswire/abitibi-metals-provides-drill-program-update-at-the
"To date, fourteen holes have been completed, totalling 4,275 metres. Drilling in this first phase is broken down between 3 targets along strike testing the first 300 vertical metres:
- B26 Main Deposit
- 11 holes have been completed at this target, totalling 3,159 metres.
- The key objective of drilling within the B26 Main Deposit is to evaluate the open pit potential and potential up-dip near-surface extensions of the main deposit to the north. This testing is distributed over a 1.2-kilometre strike length and concentrated in the first 200 metres vertical.
- Satellite West:
- 3 holes have been completed at this target, totalling 1,116 metres.
- Targeting the geometric continuity of a potential satellite zone 500 metres to the west of the main deposit.
- Eastern Extension:
- Drilling at the Eastern Extension target will commence at the end of February, subject to ground conditions.
- Targeting the expansion of the main deposit to the east where 2.45% Cu Eq over 26.7 metres*, including 4.74% CuEq over 11.7 metres (1274-14-167) was intercepted in historical drilling."
Holes 1274-24-301, 1274-24-302 and 1274-24-304 were designed to confirm the geometry of the copper-gold stringer close to the surface. They were planned as a 5-hole fence covering a large gap in the model between the current resource at 150 meters depth and the northern bedrock interface. These holes are located to the north of 1274-13-104, which graded 3.45% CuEq over a length of 9.5 metres* from 64.5 to 74 metres. Observations to date on 1274-24-301 indicate strong sub-parallel chalcopyrite stringer from 50 to 85 metres which includes one interval showing chalcopyrite concentration above 10% from 49 to 59 metres and an interval with 20% chalcopyrite from 81 to 85 metres."
https://x.com/drjimjonesceo/status/1757235616536777209?s=20
RESOURCE UPDATE from OMAI GOLD 4.3 Million Ozs and growing
Additional 8 min of analysis at the end of the Twitter Spaces https://x.com/drjimjonesceo/status/1755649675586158810?s=20
PRESS RELEASE https://ceo.ca/@newsfile/omai-gold-increases-indicated-mineral-resources-to-a42ad
Omai Gold Increases Indicated Mineral Resources to 2.0 Million Oz Au and Inferred Mineral Resources to 2.3 Million Oz Au with Expansion of Wenot Deposit
Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to report an updated Mineral Resource Estimate on its 100%-owned Omai Gold Property in Guyana. It includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, the Wenot Mineral Resource Estimate ("MRE") increased the Indicated MRE to 834,000 oz (10% increase) @ 1.48 g/t Au and the Inferred MRE to 1,614,000 oz (45% increase) @1.99 g/t Au.
HIGHLIGHTS:
The Omai Property hosts two gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit (figure 5), with combined updated MRE (over the October 2022 MRE) of:
1,985,000 ounces of gold (Indicated MRE), a 4% increase
2,279,000 ounces of gold (Inferred MRE), a 28% increase
Wenot Deposit (a constrained pit approach is applied)
834,000 ounces of gold (Indicated), a 10% increase over the October 2022 MRE, and
1,614,000 ounces of gold (Inferred), a 45% increase
1.48 g/t Au grade of Indicated MRE, a 10% increase
1.99 g/t Au grade of Inferred MRE, a 16% increase
87% above 350m depth from surface (figure 1a)
39% of Wenot MRE is west of the historical pit, an area considered to be well suited to initial mining (figure 1b)
Excellent exploration potential is evident along a 2.5 km length of the host Wenot shear corridor, with potential to expand within, adjacent to, below, and along strike
Gilt Creek Deposit (an underground mining approach is applied)
1,151,000 ounces of gold (Indicated) at a grade of 3.22 g/t Au, as per October 2022 MRE
665,000 ounces of gold (Inferred) at a grade of 3.35 g/t Au, as per October 2022 MRE
Hosted within a 500 m by 300 m quartz diorite intrusive stock that produced 2.4 million ounces of gold (1993 to 2005) from the upper 250m
Located 500 m north of the Wenot Deposit and below the past-producing Fennel pit
Characterized by very wide sub-horizontal zones of gold mineralization (figure 4)
Open to depth and holds potential for lateral expansion
Preliminary Economic Assessment ("PEA")
This updated MRE will form the basis of the PEA, currently underway and expected to be announced in Q1 2024
Elaine Ellingham, President & CEO commented, "We are pleased to deliver another substantial increase to the Mineral Resource Estimate for our Omai Gold Project in Guyana. Also very importantly, there has been a notable increase in the gold grades. With this expansion, the contained ounces in our Mineral Resource Estimate exceeds the total gold produced from the former mine, and at similar grades. The Omai Gold Mine produced approximately 3.8 million ounces at an average grade of 1.5 g/t Au between 1993 and 2005, when the gold price was less than US$400/oz. When in production, Omai was the largest primary gold producer in South America, averaging over 300,000 ounces of gold annually. We believe that with the current Mineral Resource Estimate combined with the many benefits of a brownfields project, that Omai is proving the potential to rival its historical status."
Details of the Mineral Resource Estimate for both the Wenot (updated) and Gilt Creek Deposits are presented in Table 1. The increase between the new Wenot MRE with the previous October 2022 MRE is detailed in a comparison in Table 2. Notes accompanying the 2024 MRE are shown below Table 2, summarizing the economic and technical assumptions, which include a gold price of US$1850 per ounce and metallurgical recoveries of 92% (consistent with historical actuals), and a 45o pit slope for Wenot......(See release)
SAVE CANADIAN MINING with Terry Lynch
This is a great cause that we all should get behind it.
Best,
Doc Jones
https://savecanadianmining.com/
Stop Predatory Short Selling
In 2012 IIROC and CSA removed a trading rule known as the “tick test”, which restricted short selling to neutral or sales to positive price changes at the time of the sale. These changes were applied not only to the main listing venue of TSX Venture Exchange, but are equally applied across all Canadian trading venues, of which there are 14 today, reducing TSX Venture’s ability to effect any change. Since removal of the tick test, the Canadian markets have evolved, and there now exists a dynamic where short selling activities, high frequency trading, and algorithms are exploiting the lack of a tick test to the detriment of Canada’s junior markets. We call on CSA and IIROC to evaluate re-instituting the tick test.
Save Canadian Mining is a movement to return market rules to the fair and transparent standard that helped deliver prosperity for over 142 years. Together, we can save Canadian mining.
UPDATE with Magna Mining $NICU $MGMNF, hitting high-grades, fully funded 2024, getting closer to production.
Just run the numbers on 1500-2000 t/d at a conservative 2.5%-3% NiEq Todays assays for the first 6-8 years of production. Once again the drill results have consistently shown areas close to the surface modelled as low grade by the prior owners have returned high-grade resources that will increase Tons and Grade: Highlights from the new assay results include:
- Main Zone (750 Level Pillar)
MCR-23-052A : 0.8% Ni, 1.3 % Cu, 2.0 g/t Pt + Pd +Au over 96.5 metres
Including 1.2 % Ni, 2.5 % Cu, 3.1 g/t Pt + Pd +Au over 15.6 metres
- 101 FW Zone
MCR-23-051: 1.1% Ni, 0.5 % Cu, 0.5 g/t Pt + Pd + Au over 13.6 metres
And 2.5% Ni, 3.8 % Cu, 7.1 g/t Pt + Pd + Au over 1.3 metres
And 2.9% Ni, 0.4 % Cu, 1.2 g/t Pt + Pd + Au over 2.0 metres
And 2.8% Ni, 8.7 % Cu, 1.0 g/t Pt + Pd + Au over 2.4 metres
MCR-23-054A: 4.1% Ni, 0.4 % Cu, 0.7 g/t Pt + Pd + Au over 3.7 metres
"A provisional 2024 exploration budget has been authorized by the Board of Directors of Magna, which includes a total of 25,000m of diamond drilling that will be allocated between Crean Hill and Shakespeare. This 2024 drilling program will be funded by Magna's current cash balance. Magna's cash balance as of June 30, 2023 was $18.5 million."
https://magnamining.com/wp-content/uploads/2023/08/magnamining-investor-presentation-aug-2023.pdf
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
NOT INVESTMENT ADVICE.
NG ENERGY $GASX $GASXF intro to new CHAIRMAN Brian Paes-Braga
The turn around has begun...
Brian is a serially successful company builder and investor. He has acquired over 10% of NG Energy and the Chairman seat on the board, his ambition is to grow the company substantially over the next few years for the benefit of the shareholders.
The company has begun to generate positive cashflow and will be growing reserves and production dramatically in the next 12 months.
Recent discoveries at Between SN-9 and Maria Conchita (a total of over 130MMscf/d now tested) support his vision of becoming a tier-1 natural gas producer in Colombia .
Some key news events:
https://ceo.ca/@newswire/ng-energy-finalizes-plan-for-phase-1-of-commercial
https://ceo.ca/@newswire/ng-energy-tests-25-mmscfd-in-the-recently-identified
Presentation: https://www.ngenergyintl.com/wp-content/uploads/2023/10/NGE-Investor-Presentation-Oct-2023.pdf
About me:
Shareholder of GASX
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
I don’t work for anyone or get paid for the research I do. I give my research away for free to help educate the next generation about the wealth creation this sector can provide.
None the information within is investment advice.
I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
SENDERO RESOURCES $SEND in the shadow of GIANTS in the VICUNA DISTRICT
SEND.V is a new listing that quietly IPO'd last week, see investor deck for capital structure. Real simple, great team, tier one property in Vicuna District, cashed up and very tight shares low an ultra-low MC 50% of which in cash.
Sendero Resources is a dynamic exploration company focused on unlocking the vast mineral potential of the Vicuña district in Argentina. Through our wholly owned subsidiary, Barton SAS, we hold a 100% interest in the Peñas Negras Project, encompassing a sprawling 120 km2 of prime exploration territory.
Situated in the Vicuña District, renowned for significant copper discoveries, the Peñas Negras Project is strategically surrounded by world-class super giant discoveries owned by Filo Mining, Lundin Mining, and NGEx Minerals.
The Peñas Negras Project exhibits close geological similarities to neighboring deposits, including the prestigious Josemaria copper-gold porphyry system and the gold-rich Maricunga porphyries.
With a cluster of identified porphyry and epithermal targets, we are leveraging our experience and operational knowledge to advance exploration.
https://senderoresources.com/presentations/Sendero-Resources-Corporate-Presentation.pdf
About me:
I am shareholder of SEND so consider me biased.
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments. All materials are for educational purposes, not investment advice.
I don’t work for anyone or get paid for the research I do. I give my research away for free to help educate the next generation about the wealth creation this sector can provide. It’s not investment advice.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
Western Alaska Minerals WAM.V the BBQ ROCK update with CEO Kit Marrs
This conversations recorded on goes Aug 18th goes into depth regarding the recent press release:
https://ceo.ca/@accesswire/western-alaska-minerals-extends-mineralization-at-waterpump
Western Alaska Minerals Extends Mineralization at Waterpump Creek
40.2 meters of 262 gpt Ag (8.4 opt), 10.9% Pb and 4.5% Zn, Including: 5.3 meters of 729 gpt Ag (23.4 opt), 24.1% Pb and 3.1 % Zn
And Last Hurrah Drilling Cuts Strong Indicators of Proximity to Mineralization
TUCSON, AZ / ACCESSWIRE / August 14, 2023 / Western Alaska Minerals (the "Company" or "WAM") (TSX-V:WAM) is pleased to report the first assay results from the initial step-out phase of its second-year drilling program at the 100% owned Waterpump Creek ("WPC") silver-rich Carbonate Replacement Deposit ("CRD"). Hole WPC23-0030 extends WPC to 495 meters in strike length.
Highlights
- Step-out drill hole WPC23-0030:
- Last Hurrah Drilling:
*Last Hurrah was coined by Anaconda in the 1980s as it was the last target to be drilled by Anaconda within the Illinois Creek Mining District.
"We welcome this proof that high-grade mineralization at Waterpump Creek remains open to the south and that the distinctive CRD alteration seen there is turning up in our drilling 700m farther south at Last Hurrah," said Kit Marrs, CEO of Western Alaska Minerals. "We look forward to continuing drilling at Last Hurrah to find the sulphides that the alteration is telling us should be nearby and trace it back towards WPC, which may just be the tip of the finger of a major CRD manto".
"It is always exciting to see this strength of BBQ fluorescence response in "Fugitive Calcite" veining in a new area. It says you're getting into the halo around something important" said Dr. Peter Megaw, technical advisor to WAM. "Fugitive calcite is the exhaust half of the replacement process and surrounds the sulphides we're looking for. Shortwave UV lights it up like fluorescent fur on a shaggy dog".
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
About me:
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write, record, post is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
RSMX RSMXF Regency Silver refines a 1000m x 900m high charge AU, CU system and builds on it high-grade AU discovery.
Discovery hole:
VANCOUVER, BC, Feb. 23, 2023 /CNW/ - Regency Silver Corp. ("Regency Silver" or the "Company", (TSXV: RSMX) and (OTCQB: RSMXF) is pleased to announce that 2 follow up holes down-dip from hole REG -22-01 intersect sulphide-specularite supported breccia similar in nature to the breccia hosting Au-Cu-Ag mineralization in REG-22-01. REG-22-01 yielded 35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver along with 13.97 g/t Au, 50.25 g/t Ag and 1.11 % Cu over 9.8 m.
https://ceo.ca/@newswire/regency-silver-intercepts-continuation-of-sulphide
Todays new: VANCOUVER, BC, April 24, 2023 /CNW/ - Regency Silver Corp. ("Regency Silver" or the "Company"), (TSXV: RSMX) (OTCQB: RSMXF) announces that 2 follow up holes down-dip from hole REG-22-01 (35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver) intersect wide zones of gold and copper mineralization. REG-23-14 intersects 35.9m of 5.51 g/t Au including 29.4m of 6.32 g/t Au ~25m down-dip from REG-22-01. REG-23-15, which is ~ 65m down-dip from REG-23-14 and ~90m down-dip from REG-22-01 intersects 128.35m of 0.84 g/t Au including 57.95m of 1.49 g/t Au and 32.5m of 2.23 g/t Au.
"In addition to the drill results, the IP survey has outlined a ~1,000m long by ~900m wide km wide anomaly of highly chargeable rock. All indications are that we are drilling into a large system." stated Bruce Bragagnolo, Executive Chairman.
https://ceo.ca/@newswire/regency-silver-intersects-294m-of-632-gt-au-down-dip
Brunswick Exploration BRW.V "Canada’s Largest Grassroots Lithium Initiative" CEO Killian Charles reveals maidan drill program
I sit down with Killian Charles and discuss BRW's aggressive plans to build shareholder value as they explore on their industry dominant land position driving towards potentially multiple tier-1 lithium discoveries.
Press Release Mar 20th 2023: https://ceo.ca/@GlobeNewswire/brunswick-exploration-begins-drilling-at-anatacau-west
Company Website: https://brwexplo.ca/
Presentation: https://brwexplo.ca/wp-content/uploads/2023/03/230301-Brunswick-Exploration-Q1.pdf
Brunswick Exploration is Canada’s Largest Grassroots Lithium Initiative
BRW had amassed a portfolio of hundreds of untested pegmatites across Eastern Canada.
In Quebec’s James Bay region alone, we have secured over 250 untested pegmatites measuring over 600 meters in strike length.
We have hundreds more smaller scale targets in our portfolio.
This is one of the largest untested land packages of S-type pegmatites in the world.
BRW’s grassroots exploration strategy is a numbers game. More S-type pegmatites means greater chances of making a world class LCT discovery. Field testing+elimination+new acquisitions is a highly efficient and continuous process that will lead to discovery.
It is replicable in any jurisdiction we deem prospective.
There is no parallel in base metal or precious metal exploration.
Saskatchewan
BRW has consolidated 125 untested S-type pegmatites with a minimum strike length of 500 meters in virgin areas of Sakatchewan.
Excellent road and power infrastructure with minimal lithium exploration.
Consolidated the Hanson Lake spodumene bearing pegmatites.
Manitoba
BRW has consolidated several untested S-type pegmatites in areas that have seen no lithium exploration.
More opportunities to come in both provinces.
About Doc Jones
I don’t work for anyone or get paid for the research I do. I give my research away for free to help educate the next generation about the wealth creation this sector can provide. It’s not investment advice.
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
OM.V Legendary billion-dollar-mine-maker Bob Wares CEO Osisko Metals Signs C$100 Million Investment Agreement With Appian Natural Resources Fund for a Joint Venture on Pine Point
Osisko Metals Signs C$100 Million Investment Agreement With Appian Natural Resources Fund for a Joint Venture on Pine Point
https://ceo.ca/@GlobeNewswire/osisko-metals-signs-c100-million-investment-agreement
Bob explains the tremendous value of the deal to shareholders, $30 million total in cash to OM.V plus free-carry while Appian Capital Advisory LLP spends $75 Million over the next 4 years on bringing Pine Point to FID. Then Bob expands on the future of the company being copper focused with their Gaspe Copper Project over 900mt of copper with moly and silver credits with Glencore.
Enjoy.
Doc Jones
TWITTER SPACES: Themes For Investing In Resource Sector In 2023, and Research Tools.
For further information on Magna Mining NICU.V MGMNF and Emerita Resource EMO.V EMOTF listen my recent Site Visit Tour notes and interviews with the CEO'S on Podcast Channel.
Companies on Interest:
NICU, EMO, RIO, SGML, RIO, VALE, BHP, OM, NGT, FRU
Best,
Doc Jones
BOOK:
Mining Economics Explained by Craig Hutton
Mineral Exploration and Mining Essentials by Robert Stevens
Mining Explained by The Northern Miner
The World For Sale by Javier Blah and Jack Farchy
MAGNA MINING CEO Jason Jessup on the transformation of the company, Macro views on Ni and why I believe NICU is best way to invest in Nickel for 2023
Emerita Resources Site visit debriefing, EMO.V, EMOTF
I spent a few days touring Emerita Resources 100% owned, zero royalty IBW property, the Neuvo Tintillo and the *Aznalcollar Package pending (recently a court date to sentence the 16 charged with serious crimes of corruption was announced.)
Emerita is running the largest drill campaign in the Iberian Pyrite Belt and one of the largest in the world with 15 drills turning. They are in the final innings of a 70k-80k meter drill program that will lead to the releasing of an initial Resource Estimate (compliant 43-101) on 2 of their 3 high grade deposits that historically prior to drilling had 12-13mt of high grade resources, beginning at surface, open in all directions and were imperially under/partially assayed and primarily contained by a lead+zinc cut-off grade that excluded multiple zones of high grade gold, silver and copper. These 3 deposits were original drilled out by multiple majors decades ago.
-To view my most recent Due Diligence Report on EMO visit:
https://www.streetwisereports.com/article/2022/11/08/the-tipping-point.html and https://ceo.ca/@drjimjones
-Analyst Note sent out immediately after they attended the site visit that details upside: https://ceo.ca/emo?ed889e03a30c
-Here's is a link for a video I shot of the Regional Geologist and David Gower explaining Neuvo Tintillo upside located next to the world's largest VMS mine, photo's of high grade copper I hammered out of the shales: https://ceo.ca/@drjimjones?0c44a50a48cf
Bottom line:
Everything in my original thesis is being proved. The scale, the grade, and it's just starting and getting very big.
El Cura is being drilled in Q1 2023, Neuvo Tintillo in 2023 and more expansion drilling on Romanera and La Infanta that continue to grow well past the historical.
I believe the data supports a robust 43-101 of 20mt-25mt of very good grades and will continue to expand through 2023 as EMO they begin the PFS.
About Me:
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
Podcast and Reports are for educational purposes only, not investment advice.
EMO.V EMOTF Emerita Resources with 13 drills is running largest drill program in the EU, One of the largest in the world!
Impressive.
I catch up with David Gower the CEO and get an informative view of the successful drilling at the Romanera Deposit which has so far proven that the historical deposit was both under-reported in grade and tonnage, and that the deposit itself will grow far beyond the historical tonnage. As well updates on Neuvo Tintillo, La Infanta, El Cura and Aznalcollar Court Case.
Most recent analyst report : https://ceo.ca/emo?8f4808c321c7
Press Releases
https://www.emeritaresources.com/news-and-media/news-releases/emerita-intersects-140-meters-grading-43-copper-included-within-268-meters-grading-26-copper-at-la-romanera-deposit-increases-number-of-drills-at-ibw-project-to-thirteen
https://www.emeritaresources.com/news-and-media/news-releases/emerita-intersects-140-meters-grading-43-copper-included-within-268-meters-grading-26-copper-at-la-romanera-deposit-increases-number-of-drills-at-ibw-project-to-thirteen
https://www.emeritaresources.com/news-and-media/news-releases/emerita-intersects-194-meters-grading-04-copper-46-lead-51-zinc-23-gt-gold-and-204-gt-silver-at-la-romanera
https://www.emeritaresources.com/_resources/presentations/corporate-presentation.pdf?v=0.796
Last Due Diligence Report
https://ceo.ca/@Drjimjones/the-math-is-the-math-emerita-resources217-million-ozs-aueg-at-654gt
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
Note: Not investment advice. Use at own risk.
Update with NG ENERGY Colombia's newest Natural Gas Producer
After multiple delays in 2021 the company is executing on both their exploration plans and has transitioned into a cash-flowing producer.
Over the next 12 months the company production profile should evolve dramatically.
Recent press release regarding first well at Sinu 9:
https://ceo.ca/@newswire/ng-energy-announces-reserves-and-resources-results
https://ceo.ca/@newswire/update-in-magico-1x-well-with-the-testing-from-three
"Update in Magico 1x Well with the testing from Three Zones of 15 MMSCFD production and an estimated Absolute Open Flow above 50 MMSCFD Sinu-9, Cordoba, Colombia"
https://ceo.ca/gasx
Best
Doc Jones
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector.
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Podcast are not investment advice.
Update from Robert Wares CEO Osisko Metals Inc. OM.V Copper/Zinc Developer in Canada
OM.V
4 Aug 2022, 08:19
Osisko Metals Reports First Infill Drill Results at Gaspé Copper
Highlights include:
- Of the sixteen drill holes reported below, fourteen extended disseminated/stockwork copper-silver mineralization outside the current pit-constrained resource model, including up to 170 metres in drill hole 30-0991 below the currently designed pit floor. All fourteen holes ended in mineralization above or within the C Zone skarn horizon.
- Drill hole 30-0977, located 142.0 metres south of the modelled pit, intersected 375.3 metres grading 0.20% Cu and 1.31g/t Ag. This hole stopped in mineralization and can be extended if warranted.
- Drill hole 30-0985 intersected 528.0 metres grading 0.26% Cu and 1.72g/t Ag, including 46.5 metres grading 1.1% Cu and 6.19g/t Ag in skarn-style disseminated mineralization in the C Zone. This hole extends 122.0 m below the currently designed pit floor and stopped in mineralization.
Robert Wares, Chairman & CEO, commented: “We are very pleased with the initial results of our 30,000-metre drill program at Gaspé Copper. Most of the reported results are from holes collared on top of Mount Copper, where historical drilling was relatively scarce. We can now confirm that this area is mineralized with limited oxide copper and that the potential for further expansion of the deposit appears to be significant as most of these holes ended in mineralization. With four drill rigs on site currently, I am excited to build upon what is already the largest undeveloped copper resource in Eastern North America.”
About Osisko Metals
Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space. The Company controls one of Canada’s premier past-producing zinc mining camps, the Pine Point Project, located in the Northwest Territories for which the 2022 PEA has indicated an after-tax NPV of $603M and an IRR of 25% based on the current Mineral Resource Estimates that are amenable to open pit and shallow underground mining and consist of 15.7Mt grading 5.55% ZnEq of Indicated Mineral Resources and 47.2Mt grading 5.94% ZnEq of Inferred Mineral Resources. Please refer to the technical report entitled “Preliminary Economic Assessment, Pine Point Project, Hay River, Northwest Territories, Canada” dated July 30, which has been filed on SEDAR. The Pine Point Project is located on the south shore of Great Slave Lake in the Northwest Territories, near infrastructure, paved highway access, and has an electrical substation as well as 100 kilometres of viable haulage roads already in place.
The Company is also in the process of acquiring, from Glencore Canada, a 100% interest in the past-producing Gaspé Copper Mine, located near Murdochville in the Gaspé peninsula of Quebec. The Company is currently focused on resource evaluation of the Mount Copper Expansion Project that hosts a NI43-101 Inferred Resource of 456Mt grading 0.31% Cu (see April 28, 2022 press release). Gaspé Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Quebec.
https://ceo.ca/@drjimjones
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Podcast is for educational purposes only not investment advice.
LTH.V Lithium Ionic, adding drills to their 30k meters of fully funded exploration in Brazils high-grade lithium camp.
The company is driving towards defining a resource by year end, if successful the economics are outstanding as proven by their neighbours CBL (Private Producer) and Sigma Lithium $2.8 Billion MC
Whats important is tons and grade. Lithium Ionic has the reasonable potential to prove up 20mt in the near term and more throughout 2023 at equiv grade/width as their neighbours. Bankable economic studies have shown by their neighbours illustrate 20mt generates a NPV5 of over $1.7 billion usd for the ultra low cap ex of $130 million usd. With a 17yr mine life using $1900/ton lithium, current spot price is over $5000/ton.
Success is ultra-low cap ex for decades of ultra-high returns. Infrastructure, roads, hydropower, low labour cost, port access located in a proven jurisdiction that has fast/easy permitting and government support for exporting of concentrate to multiple end markets makes LTH.V very attractive for speculative investment capital.
The Company has a tight share structure, over $15 million in cash to advance and multiple km of anomalies to drill.
Peers such as SIGMA and CBL offer comps to evaluate others, discount applied, premiums given depending on specifics.
"Drilling continues to prove size and grade potential at Galvani with potential to quickly build 15 – 20 Mt LTH announced results from the hole #2 located ~100 m NE along strike of previously released hole #1 (24.9 m at 1.57% Li2O) and up-dip of a historic hole OLDD-003 (12 m at 1.78% Li2O). Significant intercept from hole #02: 42.05 m at 1.17% Li2O, incl. 11.72 m at 1.95% Li2O. The intercept starts near-surface (11.3 m down hole or ~6 m below surface). This intercept confirms a widening of extension of mineralization to surface and confirms management’s geological understanding of the mineralization. The Galvani property is located less than 4 kilometres from Sigma Lithium’s Xuxa deposit (over 17Mt grading 1.55% Li2O M+I). For comparison, Xuxa’s widths are in the range of 15 – 20 m. Galvani’s drilling to date (incl. historic) indicates potential for better widths and comparable grade. The Company is currently undertaking a 900 metre (7 hole) drill program as well as an extensive trenching program in proximity to an approximately 700 meter strike extent of pegmatite on the Galvani claims. At these widths, LTH should be swiftly able to build large tonnage. The potential open-pit economics should look compelling with at-surface and wide mineralization with potential for higher grades deeper. 5 holes pending assays from Galvani. LTH’s assets are located in a jurisdiction that has recently been designated a tax-free lithium zone. CBL, a private Brazilian company, has been producing lithium concentrate and hydroxide for +30 years and Sigma Lithium ($2B mkt cap) is expected to start producing next year. Sigma has an offtake agreement with LG which demonstrates the ability of the spodumene in this region to produce battery grade concentrate. Compelling Risk Reward: LTH’s market cap is ~$130M with +$15M in cash. Sigma Lithium was able to go from staking to production in ~6 years and now sports a $2B valuation. LTH’s near-term goal is to prove up 20Mt over the next 6-12 months which would allow it to produce a PEA/PFS shortly thereafter. Assuming success, we believe, would support a $5-10 stock price."
This is exploration so understand it's high-risk.
Doc Jones https://ceo.ca/@drjimjones Podcast is not Investment advice
ROMANERA Infill drilling is averaging 17% ZnEq over an average width of ~18 m. As compared to the historic grade of 11.9% ZnEq, this is +40% better, so far.
As modelled the Gold grades are outperforming add tremendous value to the Romanera Deposit.
"Romanera Deposit
- Results from 2 additional holes that included the first step out 100 m to the east along strike.
- Infill drilling:
Hole #5 was drilled half way between #2 (25.4% ZnEq over 14.3 m) and #3 (15% ZnEq over 39.9 m) and intersected both the upper and lower lenses returning wide and high grade intercepts:Upper lens: 16.4% ZnEq or 8.47 g/t AuEq over 7 m (with 2.44 g/t Au & 143.1 g/t Ag) from 117 m down hole.
Lower lens: 13.5% ZnEq or 6.97 g/t AuEq over 16.9 m (with 2.9 g/t Au & 145.2 g/t Ag) – this was intercepted 43.8 m below the Upper lens from 168.5 m down hole.This incl. 16.6% ZnEq or 8.6 g/t AuEq over 4 m
- Confirms historic results with higher Au, Ag:The results show positive correlation with historical drilling with respect to intercept location and width, however with gold and silver grades higher than previously indicated.
For comparison, the historic resource of 34 Mt at Romanera had a gold grade of 0.8 g/t Au and the high grade subset containing 11 Mt had a gold grade of 1 g/t Au.
The drilling to date is pointing to a wtd. avg. gold grade of ~3 g/t Au or 3x historic resource grade for gold!
If, conceptually, the gold grade increases to 2 – 3 g/t, the ZnEq resource would increase by 17% - 33% at the same tonnage, implying a grade of ~14% - 16% ZnEq (vs ~12% ZnEq historic).
We further note that our est. wtd. avg. grade for the infill drilling is averaging 17% ZnEq over an average width of ~18 m. As compared to the historic grade of 11.9% ZnEq, this is +40% better, so far.
- Maiden step out hole:Hole #7 was drilled 100 m east of the historic drilling and intercepted massive sulphide mineralization in the Lower lens 400 m vertically below surface.
Significant intercept: 6.4% ZnEq (with 3.7% Cu) over 7 m from 547 m down hole, incl. 13.1% ZnEq over 1 m.
La Infanta update
- EMO announced results from an additional 16 holes from La Infanta.
- The drilling to date has almost doubled the historic strike length to 1200 m (vs 600 m historic) and significantly expanded the vertical extent with deepest tested at 400 m (vs 120 m historic).
- Significant intercepts:Hole #54: 36.5% ZnEq over 3.2 m, incl. ~75% ZnEq over 1.3 m. This hole was located close to the eastern end of the drilling at Infanta and intercepted mineralization 170 m below surface in the North Block.
#39: 15.2% ZnEq over 3.5 m, incl. 43.5% ZnEq over 1.2 m. This hole intercepted mineralization 350m below surface, in the center part of the deposit, in the North Block and is the deepest intercept in this area. This indicates the deposit continues at depth in this area.
#45: 36% ZnEq over 0.9 m within a broader intercept of 7.9% ZnEq over 9.1 m. This is the westernmost hole and hit mineralization 220 m below surface. Indicates the deposit continues westward.
Significant size and high grade potential: - While needs more drilling to infill large gaps, the drill tested dimensions to date point to a potential 6 Mt resource at La Infanta at ~18% ZnEq.
- This is significantly larger than the 0.8Mt for the historic resource although at a higher grade of 26.5% ZnEq.
- We believe there are portions of higher grade within the expanded footprint that could still expand the historic resource while maintaining the higher grade."
EMO. V, EMOTF, First Drill Results from Romanera, Lots of Gold. Update on Neuvo Tintillo, La Infanta, El Cura. Aznalcollar is coming.
First hole vastly outperforms historical in GRADE and WIDTH: Emerita Intersects 7.61 g/t Gold, 311.1 g/t Silver, 3.0% Zinc, 2.9% Lead, 0.4% Copper Over 14.3 Meters in First Hole Completed at the Romanera Deposit (that's over $800/ton)
Official release:
https://ceo.ca/@nasdaq/emerita-intersects-761-gt-gold-3111-gt-silver
Doc's Thesis:
https://ceo.ca/@Drjimjones/the-math-is-the-math-emerita-resources217-million-ozs-aueg-at-654gt
Company asset overview:
https://ceo.ca/@drjimjones/a-titan-risesemerita-resource-3rd-largest-landholder-in-iberian-pyrite-belt-due-diligence-report-10
Neuvo Tintillo: The SCALE of this package is over 3x of the Aznalcóllar Package. Emerita in the last year won yet another important Tender, The Neuvo Tintillo Land Package that sits above the Aznalcollar Land Package which contains multiple historical workings, untested showings and outcrops.
- There is 8 zones of high grade mineralization historically documented on the property.
- Copper enriched
- Trucking distance to future AZN milling complex
- over 16 historical mine working within property borders
- Little to no modern exploration or geophysical surveys since WWI
- size, scale, geology offers the opportunity of discovering multiple Tier-1 deposits
- no special environmental permitting requirements, permitted to drill
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Research, Podcasts are for entertainment purposes, not investment advice.
Doc Jones gets an update from Jason Kosec CEO MPM.V
-Details of Capital allocation plan for the $15 Million Bought Deal recently announced:
https://ceo.ca/@nasdaq/millennial-announces-15-million-bought-deal-public
-Site tour observations
-analysis of recent drill results at Mt. View
Highlights:
Drillhole MVCD-0024 returned an intercept of 1.48 g/t Au over 185.5m (mixed oxide-fresh material) including a high-grade intercept of 3.99 g/t Au over 36.9m and 2.60 g/t Au over 29.6m. Drillhole MVCD-0025 returned intercepts of 0.42 g/t Au over 19.8m, 0.27 g/t Au over 15.9m and 0.53 g/t Au over 21.0m within the oxide material, as well as 0.61 g/t Au over 17.1m within the mixed material (oxide-fresh):
https://ceo.ca/@newswire/millennial-intersects-148-gt-au-over-1855m-including
NO ONE HAS PAID ME TO PRODUCE THIS CONTENT.
Much more... Enjoy. Podcast is for entertainment purposes, not investing advice.
Best,
Doc Jones
https://ceo.ca/@drjimjones
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
EMERITA RESOURCES EMO.V EMOTF UPDATE 70k meters of drilling underway at Romanera Deposit
EMO is the third largest mineral title holder in the Iberian Pyrite Belt of Spain, click on the link to see the scale
https://ws050.juntadeandalucia.es/portalandaluzdelamineria/ConsultaRMA (see for yourself, vet the data, open in Chrome and use Translate to English)
After delays all of IBW (Romanera Land Package) is fully permitted. David Gower discusses the 70K meter, 8 drill rig program underway across the IBW land package that is confirming and expanding on 3 high grade deposits (La Infanta, El Cura and Romanera) Neuvo Tintillo and Aznalcollar updates as well.
Romanera Deposit Info
Sampling release: https://ceo.ca/@nasdaq/emerita-provides-results-of-surface-sampling-from-geological
"Going hard after a potential +30 Mt high grade Romanera with 70,000 m program in 2022
- EMO announced an updated drill program for IBW, with a planned 70,000 m of drilling just at Romanera and total 8 rigs on site. Management plans to deploy 6 rigs at Romanera with 2 rigs turning at El Cura and Infanta.
- Romanera big size potential:Romanera has a large historic resource of 34 Mt, incl. 11.2 Mt at 11.9% ZnEq in high grade subset .
The high-grade intercepts at depth (incl. 20 m at 13.4% ZnEq from 300 – 350 m depth) imply potential to swiftly grow tonnage, with every 100 m vertical extension adding 2.0 – 4.0 Mt. As a result, we believe Romanera offers the best bang for the buck vs other known deposits at IBW.
Geophysics suggests deposit strike potential of 1,200 m vs historically drilled ~450 m, indicating Romanera could eventually be a very large underground +30Mt deposit at ~12% ZnEq. - El Cura – Rio Tinto drilled some historic holes that anecdotally hit high grade copper (2-4%) potential for +2Mt of high-grade, copper rich potential at El Cura.
- Expected drill program:Romanera: 6 drill rigs expected to be turning with 70,000 m planned by year-end (additional rigs could be added if needed). Focus will be validating the historic resource and testing the down dip and along strike extensions. The areas along strike and at depth will see 50 meter drill spacing on section with 100 meter step outs between sections.
- Infanta & El Cura: 2 rigs planned.
- Resource update in 2023: The drill program is expected to result in a compliant resource at IBW (in 2023) in addition to metallurgical studies, eventually progressing the project towards production.
- Fully-funded: The 2022 drill program is estimated at ~C$10 MM while the existing cash balance is ~C$25 MM + warrants."
El Cura Deposit Historical
- Very high-grade and copper rich and poly-metalic
- An ore pile next to a historical shaft on property assayed at = $2370/ton USD
- In 1946, the explorer Pinedo Vara found a pile of ore with the following grades 5.7 % Cu, 14.0 % Pb, 24.0 % Zn, 2.0 % Sb, and 580 g/t Ag.”
What company looks like after AZN https://ceo.ca/@Drjimjones/the-math-is-the-math-emerita-resources217-million-ozs-aueg-at-654gt
Podcast for entertainment purposes only, not investment advice.
Update Emerita Resources with David Gower on legal and Romanera drilling.
UPDATE with Mike Bandrowski, President & CEO of Big Ridge Gold BRAU.V ALVLF
I catch up with Mike now that BRAU has released their first ever drill result from the HOPE BROOKE gold project (1 million oz) in NFL. Lots of news flow coming...
"Today's drill results southwest and along strike of the Hope Brook open pit confirm near-surface mineralization remains open for potential resource growth, and the copper mineralization, that is being reported for the first time, illustrates the possibility of a by-product credit. The Phase I drill program is very exciting as 100% of our holes have intersected gold mineralization and two of those have intersected visible gold."
Highlights:
- Drill hole HB-21-152 intersected 5.84 g/t Au over 14.8 m including 19.9 g/t Au over 3.4 m, Drill hole HB-21-142 intersected 5.58 g/t Au over 6.1 m including 25.2 g/t Au over 0.5 m and Drill hole HB-21-138 intersected 1.98 g/t Au over 23.1 m including 5.30 g/t Au over 5.89 m.
- Phase I drilling recommenced in January 2022 and approximately 11,400 m in 43 holes have been completed as of this press release.
- Drilling continues to extend gold mineralization outside the current resource shell that is based on a gold price of US$1,200 per ounce and 3.0 g/t Au cut-off grade.
- 100% of the drill results received to date have intersected gold mineralization. The Phase 1 drill program is expected to run until August 2022 and will focus on connecting the Main Zone and 240 Zone near surface and at depth respectively and testing the down dip extensions to both the Main and 240 Zones before moving to test the NE Extension.
- Big Ridge will continue to highlight copper mineralization from the Phase I drill program at Hope Brook as past exploration programs have not quantified or reported on this potentially economic mineralization."
Osisko Metals $OM.V Bob Wares chats with Doc Jones about the transformative GASPE COPPER option agreement with Glencore
OM.V has BILLIONS of pounds of ZINC and LEAD and now COPPER.
OM deal with Glencore, one of the worlds largest mining companies is a real game changer, it gives them a partner with deep pockets and access to Smelter Capacity that few Jr. will ever hope to have.
This locks for me the potential of both the Pine Point and Gaspe Projects to become producing mines in the future.
GASPE
-Glencore becomes largest sharholder
-Off-take agreement for 100% of copper produced
-RE out next week
-Historical Resources +3.3 billion pounds of copper plus upside to Mo and Ag by-product credits
-PEA year end
-Porphyey Mt +200mt deposit grade is likely 1% cueq
-Oxide stock pile is 30mt and will grow to 60-70mt
PINE POINT
-Updated PEA on May enhancing economics tremedously
-Drill results pending
-Huge never before drill target on tap
-Updated RE coming and PFS
Lots of other points, listen and take notes.
After talking with Bob I realize both these projects resources will likely exceed my expectations.
Emerita Resources BULLSH*T Short Report Destroyed by Doc Jones
Thankfully their attempt is pretty bad.
Seriously though this is why you have to vet the data, use Sedar, know how to read financial statements and trust only what you can fact check.
The data is the data. The math is the math.
Enjoy
Doc Jones
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
twitter.com/drjimjonesceo
Podcast channel:
podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
BANYAN GOLD (BYN.V BYAGF) Chat with CEO TARA CHRISTIE
https://www.banyangold.com/site/assets/files/4671/banyan_corporate_presentation.pdf
Margins, margins, margins.
Tara is one of the top CEO is the sector. Period.
The company is driving towards defining well over 3 million ozs of high quality, high-margin oxide gold resources at their AurMac land package in the Yukon, Canada.
Key Points
-Resource of over 900k ozs defined in may 2020 since 40000m of drilling, historically finding cost of $2-5/oz, prior they were adding 67oz per meter drilled, UPDATED RESOURCE EST DUE IN Q2 2022
-Infrastructure already in place, power line, roads, camp, cell phone towers, between 2 permitted mines
-Low implied strip ratio, and recoveries between 80-90% exceeding Victoria Gold operations next door.
-Drill season last 11 months a year
-Already 10'000m drilled of current 30'000m program, cashed up to achieve
-Mineralization occurs at or near surface
-Implied Low Cap Ex into production with est mining+milling+G&A = $7-9/ton giving each ton at historical resource grade +70% margins
-VERY SCALABLE and POTENTIAL to exceed 5 Million ozs of recoverable gold across all 3 deposits on land package.
-Strong shareholder base
-Potentially one of the largest oxide gold deposits in Canada.
Catalyst
+30 holes to report from last season, 10k meters already drilled from this season, Updated Resources Est in Q2 followed by potentially a PEA, etc etc..
Easily +250 million MC
Listen and learn.
Best
Doc Jones
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
Podcast and research is for entertainment purposes only.
Update with Millennial Precious Metals MPM.V MLPMF
CEO Jason Kosec covers the recent drill assays that have consistently outperformed grade in resource model, extended mineralization beyond the pit shell and infilled gaps in the resource model. What is a "CUT OFF GRADE?" and why it's important? Geological model and economics, why do margins matter and how resilient are MPM projected margins in various gold prices.
UPDATED PRESENTATION including NEW SLIDES Jason refers to: https://millennialpreciousmetals.com/wp-content/uploads/2022/03/MPMCorporateDeck-2022.03.14.pdf
Lots covered, enjoy!
Doc Jones.
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals with companies or special access to my trading info. FREE RESEARCH to aid retail investors in broadening their understanding of how to value Jr resource companies.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education. Take the time to learn, the market will always be here.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
PODCAST and RESEARCH are for entertainment purposes, not investing advice.
Doc Jones speaks with CEO Bryan Slusarchuk, ZAC.V ZCTSF about the transformative acquisition of the high grade, high margin advanced stage gold project in Mexico from Alamos Gold.
Company over-view plus details on both projects including the upside and economics of the acquired Esperanze Project
-1.1 million oxide gold ozs in the M&I category that are modelled prior by Alamos to have a AISC of $750/oz
-extremely low cap ex $130-$150 million to produce 100k-120k per year
-explorartion upside
A lot of great info to consider prior to investing.
Enjoy,
I’m a PRIVATE (obviously Doc Jones isn't my real name) HIGH NET-WORTH INVESTOR, enjoying early retirement after a successful and fulfilling career managing a private investment portfolios with a focus on the resource sector (including oil and gas) .
I am a self-made multi-millionaire made in the resource sector. The thing I value most is education.
My early success paved the way for me to follow other passions concurrently to Managing money. I am an award winning artist in multiple disciplines as well as a (years ago) a nominated International Scholar Laureate in Business/Finance.
Recently there has been a lot of BS and defamatory rumours thrown around because others are jealous of my success. My advice to them is:
Do a better job, create lasting value and utility to the retail investors and you won't feel threatened by me giving away for free what you try to charge for. Period. Do better.I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info.
NO ONE PAYS ME. EVERY CEO I INTERVIEW ATTESTS, CONFIRMS, PUBLICLY STATES THAT.
My money where my due diligence is and I explain why. Period.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
PODCAST IS FOR ENTERTAINMENT PURPOSES ONLY.
Update with Cassiar Gold GLDC.V CGLCF
-Update with Marco and Vern for 2022 three rig +2000m drill program
-Sheep Creep update now 100% owned
-Capital Structure
-Catalyst near-term with 4000m from Cassiar South (high grade) yet to report due to lab delays
https://cassiargold.com
Past Due Diligence Reports by Doc
https://ceo.ca/@Drjimjones/heading-to-2-million-ozs-at-taurus-doc-jones-cassiar-gold-update
https://ceo.ca/@Drjimjones/part-2-the-cassiar-gold-project-the-next-fosterville
https://ceo.ca/@Drjimjones/doc-jones-and-mrl-margaux-gold-new-board-new-vision-tier-1-asset-potential
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
(FYI my middle name is Jim, so spare me the Koolaid jokes.)
Highly Focused JR Portfolio as of Jan 18th 2022
(Separate from my income portfolios)
LARGEST POSITION:
ZINC/LEAD/COPPER/GOLD/SILVER
$EMO
(High grade zinc, lead, copper, silver, gold) developer/explorer, see reports and podcasts for due diligence)
NOTABLE POSITIONS
LITHIUM
Lithium Ionic (Private) $POCC-P
GOLD/SILVER
$MPM (oxide gold)
$BRAU, (gold developer/explorer, see podcasts for due diligence)
$VG (gold silver)
$GLDC (gold)
COPPER
$NBLC (copper/gold exploration, tier one discovery potential)
ENERGY
$GASX (Natural Gas pure play)
$OYL (Billion barrel discovery play)
$PRQ (oil/gas, exceptional irr’s and growth)
Podcast and reports are for entertainment purposes only, not investment advice.
Update with Simon Ridgway of Volcanic Gold VG.V VLMZF
-Update after the last drill results that confirmed continuity of high grade
-Back of napkin resource est.
-Plans for a Resource Est this year
-Solid treasury
-Motaqua Norte 20-25 km of gold found in float and subgroup samples, awaiting final granting of concession
-The bottom line here is the boiling zone thesis is being proved up.
Recent news
"February 16, 2022 – TheNewswire - Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV:VG) (OTC:VLMZF) is pleased to report another exceptional intercept at depth on the Holly Property, Guatemala. Hole HDD-21-027 intersected 4.57 meters (or approx. 4.1m true width) returning over 54 g/t gold and over 3.9 Kg/t silver. This hole cut the vein at the same depth in the system as hole HDD-21-23 that intercepted 4.58m of 79.84 g/t gold and 5,053 g/t silver 150m to the south (see release 19 October 2021). Drilling is ongoing again at Holly, focused on extending this high-grade system at depth and along strike to the south with a goal of establishing a meaningful high-grade resource and improving confidence in the trend of the vein structure. Several other veins in the area with similar orientation will be tested during this present program."
Research Reports on VG:
https://ceo.ca/@Drjimjones/doc-jones-talks-with-volcanic-golds-high-grade-goldsilver-targets-ceo-simon-ridgway-drill-it-or-kill-it-with-136-million-in-working-he-has-aggressive-exploration-plans
https://ceo.ca/@Drjimjones/exploring-for-high-grade-gold-silverwith-volcanic-gold-mines-by-doc-jones
NOTE: I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
All information is for entertainment purposes only. Not investment advice.
Emerita Resources 2022 Outlook and Growth Pipeline
CEO David Gower and Doc Jones review 2021 and outlook for 2022
IBW growth profile
Aznalcollar tender awarding
Value creation through the drill bit
5 drills turning going to 8 in next few weeks
Addresses delays from Covid
Recent drill results explained
Neuvo Tintillo exploration programs
Zero possibility of raising money, they have more cash in treasury then ever in their history
Superior economics
Undervalued severely in it's current as-is state
I address some of the bs and misinformation being spread
Accumulation of Emo stock by US based funds
etc, etc
https://ceo.ca/@drjimjones
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Podcast is for entertainment purposes, not investment advice.
Petrus Resources CEO Ken Gray fireside chat with Doc Jones PRQ.TO PTRUF
I recently added Petrus to my Focused Portfolio because I think it offered the best upside amongst it's peers. Solid management, high margins, growth, tightly held, etc, etc
-Petrus will be growing production from currently 6000 boe/d to over 9000 boe/d in 2022
-They are unhedged going in to Q2 which means they will capture 100% of the current spot prices
-Their Ferrier Land package 70k acres, contains over 200 drilling location/ +20 year inventory, the IRR's current exceed +300%
-They own all the infrastructure and have approx 5000 boe/d of unfilled capacity within their 100% owned processing plant which means they can double production within much sunk capital or delays
-Based on peer evaluation, PRQ would have to rerate 80% higher based on today, then add in growth, superior economics, clean capture structure, a path to +3x returns in the next 2 years
-North Ferrier 20k acres they just drilled their "Best Well EVER", the data on that will be released shortly
-Insiders own over 30% of the company
-While growing production and cashflow the company is on a path to be net debt free in the next 12 months
***Multiple data points within the podcast. Enjoy.
Podcast is for entertainment purposes, not investing advice, do your due diligence and always vet the data. I do this for free, no one pays me.
Best
Doc Jones
https://ceo.ca/@drjimjones
Website:
https://drjonesresourceinvestor.wordpress.com
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
2022 Focused Portfolio Review -DOC JONES
NOTE: This is a broad overview of the catalyst for each company, see Due Diligence Reports for detailed analysis.
-Focused Portfolio 2020-2021 total 2 yr return 5600%, no margin, no shorting, employing Thesis construction using math, earth science, financial analysis, data correlation and patience.
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
LARGEST POSITION:
$EMO
(High grade zinc, lead, copper, silver, gold) developer/explorer, see reports and podcasts for due diligence)
NOTABLE POSITIONS
$MPM (oxide gold)
$BRAU, (gold developer/explorer, see podcasts for due diligence)
$VG (gold silver)
$GLDC (gold)
$NBLC (copper/gold exploration, tier one discovery potential)
Energy
$GASX (Natural Gas pure play)
$OYL (Billion barrel discovery play)
Steel Industry
$CAD (Met coal)
Lithium & Uranium holdings TBA
US CASH
I’m a scientist, I change when the data/information changes.. no emotion about it, I retest the thesis then I buy more, scale-out, or hold for more data.
I don’t work for anyone or get paid for the research I do. I give my research away for free to help educate the next generation about the wealth creation this sector can provide.
I don’t proof-read enough but this isn’t a grammar/spelling contest, the prize, the gold, is in what story the numbers tell.
Vet everything.
Twitter:
https://twitter.com/drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
“The stock market is a device for transferring money from the impatient to the patient.” - Warren Buffett
THIS IS NOT INVESTMENT ADVICE, USE AT OWN RISK.
$GLDC.V $CGLCF Cassiar Gold's CEO Marco Roque fire side chat with Doc Jones
Where to begin... incredible potential and downside hedged by the defined 43-101 resources +1 million ozs done at $1300 gold (approx 1.7 million ozs unofficially with the 2020 & 2021 drilling that outperformed) at Cassiar North plus 70 k ozs at Cassiar South at 20g/t and growing, a permitted mill, roads, water, power etc AND a second dominant land package with +700K ozs of historical production at 13g/t not worked in decades...
PROJECTS
Cassiar
https://cassiargold.com/project/cassiar-gold-project#overview (bulk tonnage and high grade underground)
Sheep Creek
https://cassiargold.com/project/sheep-creek-gold-project#overview
Get your pad and pencil, we reveal a lot of hidden value yet to be understood by the market.
https://cassiargold.com
https://cassiargold.com/presentations/CassiarGold-CorporatePresentation.pdf
Best Doc Jones
https://drjonesresourceinvestor.wordpress.com
https://ceo.ca/@drjimjones
3 Due Diligence Reports on GLDC
https://ceo.ca/@drjimjones/heading-to-2-million-ozs-at-taurus-doc-jones-cassiar-gold-update
https://ceo.ca/@drjimjones/part-2-the-cassiar-gold-project-the-next-fosterville
https://ceo.ca/@drjimjones/doc-jones-and-mrl-margaux-gold-new-board-new-vision-tier-1-asset-potential
PODCAST IS FOR ENTERTAINMENT PURPOSELY ON:Y, NOT INVESTMENT ADVICE. VET THE DATA.
Site tour with David Gower, my thesis of $4 Billion in 2 years stronger then ever.
La Infanta now 1000m of continuous strike …chat with President Emerita’s Pres. Joaquin Merino
A very short chat with Serafino Iacono
Doc Jones chats with Jason Kosec of MPM.V 4-5X in 18 months MILLENNIAL PRECIOUS METALS
Jason is one of the best CEO in the industry period.
"Jason Kosec CEO, President, Director.
Jason has nearly ten years of experience in all facets of mineral exploration, mine development, investor relations and finance. Upon completing his undergraduate degree in Geology at Western University and a Masters in Earth and Energy Resources at Queens University, Jason worked as a Project Geologist at Trelawney Mining and Exploration, which was subsequently sold in 2012 to IAMGOLD for C$608M. Jason then moved on to work as an Exploration Geologist at a number of IAMGOLD properties and in early 2015 was recruited to join the Barkerville Gold Mines team as Sr. Geologist where he was appointed Chief Mine Geologist in 2016. In late 2017 Jason took on the role of VP Corporate Development, which ultimately led to the sale of Barkerville Gold Mines to Osisko Gold Royalties in 2019 for C$338 million. Jason is currently Vice President of Strategic Development at Sable Resources."
NOTES:
I recently added MPM.V to my focused Jr. Portfolio and I believe it's one of the most compelling opportunities in the Gold developer/explorers space.
Excellent proven management, high-margin/low cap-ex projects with 1.2 million ozs of oxide gold near/at surface as a starting point, a low strip ratio, huge potential for expansion, $20 million in the bank with Eric Sprott as a cornerstone investor. MPM.V makes the grade for my very highly-focused portfolio.
I see them quickly expanding to +2 million ozs, upgrading the grade, lowering the strip ratio and eventually being bought out because of the tremendous cashflow these assets will produce. It's really one of a kind at this discounted price.
Essentially in my opinion +$250 million MC in the next 18 months.
Presentation: https://millennialpreciousmetals.com/wp-content/uploads/2021/11/MPMCorporateDeck-2021.11.11-vFinal.pdf
Just listen, take notes, run the numbers. The data is very solid.
Podcast is not investment advice, forward looking statements are made. Do your own vetting of the data.
Best,
Doc Jones
https://drjonesresourceinvestor.wordpress.com
THE TITAN EMERITA RESOURCES IS UNBOUND, Doc Jones talks with David Gower
Where to begin, it going to get real big, real fast with 5 rigs running and AZNALCOLLAR is going to cross the finish line.
I have a long and comprehensive talk with CEO DAVID GOWER about the resource growth and potential of Emo's dominant land position in the Iberian Pyrite Belt in Spain, dispels the "Fake News" floating around this week, dig into the Aznalcollar Legal case where now 6 Superior Court Judges and 3 levels of court agree that CRIMES WERE COMMITTED during the tendering process and the "other company's" tender award should be revoked, therefore awarding the tender to EMO the only qualified bidder.
Most recent Due Diligence Report:
https://ceo.ca/@Drjimjones/a-titan-risesemerita-resource-3rd-largest-landholder-in-iberian-pyrite-belt-due-diligence-report-10
I’m a PRIVATE INVESTOR, enjoying early retirement after a long, successful, and fulfilling career as an investment professional with a focus on the resource sector (including oil and gas). I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes then I do, no emotion about it, let the data guide your investments.
Twitter:
drjimjonesceo
Podcast channel:
https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675
Website: https://drjonesresourceinvestor.wordpress.com.
Research, research, research. I run a highly concentrated and focused portfolio.
If you want to invest along side me, do your own due diligence, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “all ozs in the ground are NOT created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
PODCAST IS FOR EDUCATIONAL & ENTERTAINMENT PURPOSEs ONLY. NOT INVESTMENT ADVICE, NO ONE PAYS ME TO PRODUCE THIS CONTENT. I AM COMPLETELY INDEPENDENT.
CONFLICTS: I am a shareholder of Emerita Resources
PRICING OF $7-$7.50 natural gas from MARIA, GASX.V UPDATE WITH NG ENERGY SERAFINO IACONO
-Pricing of $7-$7.50 / Mc from Maria wells on line in next few weeks, 40% higher then prior modelling
-Ebitda just from 2 wells at Maria = $36 USD million Annually
-3rd well at Maria in the Spring of 2022 adds 10 million of gas a day
- +350 feet of pay over 5 zones at Sinu 9
and much more excellent information.
I am a shareholders and have not been paid by anyone to produce my due diligence.
-Doc Jones the Resource Investor
Update with Volcanic Gold CEO Simon Ridgway
Recent news release
"Volcanic Gold drills 4.58m at 79.84 g/t Au and 5,053 g/t Ag, in the Southern Extension of the High Grade La Pena Vein
(TheNewswire)
2021-10-19 -VG - News Release
Shares issued 44,600,000
VG close - C$0.35c, W/C +$9 Million
Vancouver, British Columbia - TheNewswire – Volcanic Gold Mines Inc. (TSXV:VG) is pleased to report that results from drilling in the south extension of the La Peña vein at the Holly property have returned bonanza high grades including 4.58 @ 79.84 g/t Au and 5,053 g/t Ag. Volcanic has received results from Holly drill holes HDD-21-021 and HDD-21-023 which targeted the La Peña vein along strike to the south and HDD-21-022, which targeted the vein to the north. The drill has moved over to Volcanic’s Banderas Property after the termination of hole HDD-21-029 to allow the results of the Holly drilling to be received and the next program of holes to be planned with full results in hand.
Holly Highlights:
HDD-21-022 from 21.35m to 22.87m returns 1.52m @ 7.00 g/t Au and 48 g/t Ag
And 27.45m to 32.02m returns 4.57m @ 1.05 g/t Au and 14 g/t Ag
And 50.32m to 51.85m returns 1.53m @ 5.34 g/t Au
HDD-21-023 from 196.72m to 198.25m returns 1.53m @ 1.93 g/t Au and 171 g/t Ag
And 202.82m to 207.40m returns 4.58m @ 79.84 g/t Au and 5,053 g/t Ag
Including 204.45m to 205.70m returns 1.25m @ 289.50 g/t Au and 18,329 g/t Ag
The initial focus at the Peña vein system was to define the vein within the broad zone of the Jocotan fault breccia, extending the mineralization down dip to the zone with consistent high grades that were intersected in holes HDD-21-017 and 019. HDD-21-021 and HDD-21-023 were drilled to cut the Peña vein to the south of the Jocotan fault zone. HDD-21-021 cut minor upper-level veining with weaker mineralization including 1.18m of 0.19 g/t Au and 40 g/t Ag from 53.37 to 54.55m within felsic tuffs. Roughly 80m down dip, HDD-21-023 cut the structure hosted in laminated mudstones where the vein returned 4.58m @ 79.84 g/t Au and 5,053 g/t Ag. This hole confirms the strike extent of the Peña vein to the south and demonstrates that the inter-bedded volcanics and sediments are potentially good hosts for high grade gold and silver mineralization at Holly.
HDD-21-022 was drilled within the footwall of Peña and did not intersect the main structure. The significant results from 022 are footwall splay veins off Peña. It appears some fault offsets made it more challenging to extend mineralization to the north in the Paleozoic Phyllites, although results on holes HDD-21-026 and 027 to the north are still pending.
The drill rig will be moving over to the nearby Banderas Property in the next few days and drilling will commence promptly. Volcanic will be targeting the deeper extensions of the major gold-silver rich veins where the source and potential convergence zones have never been tested."
EMERITA RESOURCES David Gower, "AZNALCOLLAR IS COMING HOME"
"The Administrative Court says that they have enough to rule on the tender without waiting for the Criminal Court.."
-The implications of the results of the Deep EM Survey on the IBW Project that has revealed 4km of horizontal conductors and depth extensions below 400m at La Infanta and below 500m at Romanera
-The surprise announcement that the Administration Court of Spain will not be waiting for the criminal case to conclude and will be ruling shortly of Awarding the Aznalcollar Tender to Emerita
-La Infanta strike has grown from 450m to 1500m and depth from 100m to +400m. The upside based on historical is over 11mt = $11 Billion USD in high-grade metal
-The written approval of the local communities for the development of the IBW land package and all it's high grade deposits
-The implications of the pending site visits where major banks, analyst and mining companies will likely attend
And much more....
Press release this week from Emerita:
ceo.ca/@nasdaq/emerita-intersects-24-copper-211-zinc-112-lead
ceo.ca/@nasdaq/emerita-provides-update-on-developments-in-aznalcollar
ceo.ca/@nasdaq/emerita-provides-update-on-developments-in-aznalcollar-d439c
Emerita is now the 3rd largest landholder in this Region of the Iberian Pyrite Belt, including Aznalcollar, company wide over $35 Billion in high-grade resources, over 100mt all deposit open for expansion and likely will grow to surpass +150Mt in the next 18 month exceeding $50 Billion in high-grade resources.
Target: $4 Billion in 2 years, +$18/share USD
The math is the Math. The Data is the Data.
Enjoy
Doc Jones
Latest Research Report on EMO: ceo.ca/@Drjimjones/a-titan-risesemerita-resource-3rd-largest-landholder-in-iberian-pyrite-belt-due-diligence-report-10
Interview with KE Report: www.kereport.com/2021/10/04/an-exclusive-introduction-to-emerita-resources-exploring-the-iberian-west-project/
drjonesresourceinvestor.wordpress.com
Note: Podcast is for entertainment purposes only, vet all the data, do your homework.
Colombia's Next Natural Gas Producer and It's Huge Potential For Multi-TCF Discoveries, an Interview with NG Energy's CEO Serafino Iacono
David Gower Emerita ultra high-grade results and Nobel's 1 billion ton copper discovery potential
Emerita Resources releases another batch of Ultra high-grade assays from La Infanta 11.1 meters of $1834/ton or 60% zinc Equiv.
Em Survey shows conductors exceed 400m in depth only drilled to 100m at La Infanta
company wide historical high-grade of over 100mt = over $35 Billion USD
https://ceo.ca/@nasdaq/emerita-intersects-111-meters-grading-36-copper
https://ceo.ca/@drjimjones/a-titan-risesemerita-resource-3rd-largest-landholder-in-iberian-pyrite-belt-due-diligence-report-10
https://ceo.ca/@drjimjones/victory-is-oursemerita-resources-emerges-as-a-titan-ddr-8
$4 billion in 2 years.
Introduction to Nobel Resources and its upcoming drill program to test 5 targets that could yield 1 billion tons of copper.
Nobel Resources has the right to acquire 100% interest in the Algarrobo Iron Oxide Copper Gold Ore (IOCG), a potential IOCG style high grade copper property in Chile. The country is a top mining jurisdiction as it is strategically located within 25 km from port and has world-class IOCG deposits within the Major Candelaria belt. Chile’s mining capabilities benefit from close to surface, high grade mineralization within the mining face and has the necessary permitting in place.
With past production in Chile reaching more than 800,000 tonnes at +12% copper and 3-4% copper in the stockpile, it is easy to understand how lucrative this industry is in the country. It’s even more appealing considering how historically underexplored and undercapitalized Chile is and it has the proven leadership to develop future projects.
https://ml.globenewswire.com/Resource/Download/0e2928d9-baea-43a2-a102-037dcf79b897?size=0
https://nobel-resources.com/wp-content/uploads/2021/04/2021-04-22-Nobel29-Investor-Presentation_FINAL.pdf
Emerita Resources the next 10x Due Diligence Report #10 commentary...
THE NEXT 10X....THE TRANSFORMATION INTO A HIGH-GRADE MINING TITAN CONTINUES….
Emerita Resources continues to grow and strengthen its dominant position in The Iberian Pyrite Belt, the largest and most mineral endowed VMS belt in the world. It as become the 3rd largest land holder in this highly coveted region of Spain were they operate that is richly endowed with high-grade copper, zinc, silver, lead and gold, having won 7 additional public land tenders in the last year.
They achieved this by consistently winning tenders, beating major mining companies due to their inherently superior technical prowess and business acumen. It’s worth noting the public tender process in Spain awarded the land at zero cost and with zero royalties. They achieved this right under the nose of the market and most investor.
This is why due diligence is so important, how to gain an edge over the Institutional Houses and Retail Investors, this information is only available on the Official Government Website "COUNCIL OF ECONOMIC TRANSFORMATION, INDUSTRY, KNOWLEDGE AND UNIVERSITIES, Andalusian Mining Registry", this information has been confirmed by David Gower CEO in a one of my podcasts, "...Emerita is listing as the owner of those land packages on the government website, the land packaged are Emerita's, no one else can take them, now we are just waiting on the final signatures before we will make an official public release..."
Full Report Link:
ceo.ca/@Drjimjones/a-titan-risesemerita-resource-3rd-largest-landholder-in-iberian-pyrite-belt-due-diligence-report-10
Company UPDATE on EMERITA RESOURCES with CEO David Gower
HERE I check in with my largest holding Emerita Resource and cover:
-Recent ultra high-grade drilling results at La Infanta
-The 4x expansion of the IBW land position by winning 6 land tenders in the last year
-Results of Deep Penetrating EM Surveys shows structures continue below 400m at both La Infanta and Romanera
-His views on mining in Spain
-Outcome of Aznalcollar lawsuit and facts around the quick path to resolution
-David's personal stake in keeping the company going during the lean years
-Positive implications of the current drilling exceeding historical results by over 22%
-Much more....as we march towards a +$4 Billion Market Cap in 2 years
"The Data is the Data, The Math is the Math"
Enjoy
Doc Jones
Most recent Due Diligence Report
https://ceo.ca/@Drjimjones/victory-is-oursemerita-resources-emerges-as-a-titan-ddr-8
Drill hole IN003 Intersects 3.8% Copper, 30.5% Zinc, 15.6% Lead and 372 g/t Silver Over 5 Meters at Infanta Deposit
Drill hole IN004 intersected 7.45 meters grading 1.67% copper, 6.01% lead, 11.49% zinc and 90.1 g/t silver and 0.49 g/t gold from 62.55 meters, including 3.76% copper, 15.29% lead, 28.81% zinc and 206.3 g/t silver and 1.08 g/t gold over 2.65 meters from 64.55 meters depth
Drill Hole IN001intersected 4.0 meters grading 0.07% % copper, 1.68% lead, 3.40% zinc and 11.50 g/t silver from 24.3 meters, and a second intercept of 2.8 m grading 0.02 % copper, 3.79% lead, 7.50% zinc and 12.95 g/t silver from 32.3 meters depth (see cross section – Figure 3). This hole is near surface and likely suffered some leaching of the mineralization related to surface weathering as it is only approximately 15 meters vertically from surface.
DIGGING INTO CLARUS SECURITIES $6.25 Price Target on EMO.V
I take a look at Clarus Securities Research Report on EMERITA RESOURCES that puts an immediate $6.25 price on EMO after a win for the Aznalcollar Land Package.
We look at:
-What resources were included or not included
-Price deck for Copper, Gold, Zinc, Silver, Lead
-Future Capital Structure -Development cost
-CFC and More.