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04/03/2024
Analysis  
Updated: Denarius Metals
Denarius Metals (formerly Denarius Silver) is a new conpany formed in 2021. They have a strong connection with Aris Mining, which owns 16% of their shares. They have the same Chairman and Aris Mining. They recently acquired a project in Spain (Lomero-Poya  more
04/03/2024
Analysis  
Updated: North Peak Resources Ltd
North Peak Resources is a new exploration project company. In 2021, they obtained an option on the Blackhorse property, a 2,700-acre property in Nevada, with demanding conditions requiring a $10 million payment after 1.5 years and another $10 million one...  more
04/02/2024
Analysis  
Updated: Andean Precious Metals Corp
Andean Precious Metals Corp is a silver producer in Bolivia. They acquired the San Bartolome mine from a private company. They produced 5 million oz (120 gpt) in 2023 with all-in (breakeven) costs around $25 per oz. About 40% of their production comes...  more
04/01/2024
General  
March 2024 Newsletter Posted
March 2024 Newsletter Posted.  more
03/31/2024
Analysis  
Updated: KEFI Gold and Copper
Kefi Minerals has a large gold project in Ethiopia. The Tula Kapi (80% JV) open pit and underground project has 1.7 million oz and is growing in size. The PEA is economic with low cash costs around $700 per oz. The capex is high at $320 million, and was...  more
03/31/2024
Analysis  
Updated: Aurania Resources Ltd
Aurania Resources is a new company with an early exploration project in Ecuador called the Lost Cities / Cutucu project. It is a large property with 500,000 acres. In 2017 and 2018 they collected soil samples and looked for drilling targets. They began...  more
03/31/2024
Analysis  
Updated: GoldArc Resources Ltd
Asra Minerals is a project generator focused in Australia. They have an REE/Gold project in Western Australia (Mt Stirling) on 40,000 acres. It looks like their focus is on REE (rare earth minerals), but they have 10 gold drill targets and a maiden...  more
03/30/2024
Analysis  
Updated: Serabi Gold
Serabi Gold is a small gold producer in Brazil. They will produce 30,000 oz in 2024 from their Palito and Sao Chico deposits using a single mill. They have about 500,000 oz (8 gpt) between both deposits. Both are underground. The AISC in 2024 is forecast...  more
03/30/2024
Analysis  
Updated: Predictive Discovery Ltd
Predictive Discovery is an Australian gold miner advancing a large high-grade open pit project (Bankan) in Guinea. The pit is currently projected to be 4M oz at 1.4 gpt, plus UG at 900,000 oz at 4 gpt. That is very large (and growing in size) and the...  more
03/30/2024
Analysis  
Added: Auric Mining Ltd
Auric Mining is a small gold producer in Western Australia. They mined 10,000 oz in 2023 at their Jefferys Find property and made a $1M profit. They plan to expand production in 2025 at their Widgiemootha-Munda property, which has 200,000 oz, plus some...  more

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