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	News from March 2013
				
				
				
					Updated: Orvana Minerals Corp 
						Orvana Minerals is an emerging mid tier producer. Their 2.5 million ounce (2 gpt) flagship property in Spain began production in 2012 for a 10-12 year mine life. They are forecasting 75,000 ounces of production in 2013, which should quickly rise to 100,00 							more 
				
				
					Updated: Ascot Resources Ltd 
						Ascot Resources has two nice projects. Their Mt Margaret flagship project in Washington has 500 million tons of mineralized ore. It is primarily a copper project, but will also produce around 1.5 million oz of gold (.25 gpt with perhaps 60% recovery... 							more 
				
				
					Updated: Black Dragon Gold Corp 
						Astur Resources appears to be a 10 to 20 bagger. Their Salve project in Spain is a 2 million oz resource (3 gpt) and they plan to produce 130,000 oz per year for 10 years. Production is scheduled for Q4 2014. It is not a very long life mine (10 years),... 							more 
				
				
					Updated: Azimut Exploration Inc 
						Azimut Exploration is a project generator focused in Northern Quebec. The upside is unknown because all of their projects are early stage. They have 4 JVs with solid companies (Goldcorp, Aurizon, Eastmain, and Everton) and 1.5 million acres of... 							more 
				
				
					Updated: Strategic Metals Ltd 
						Strategic Metals is a project generator in the Yukon. Their stock price rose 500% in 2010, and peaked at $4.34 per share in 2011, but has since crashed (along with many gold and silver mining stocks). I liked it at $3 per share and had it rated as a 3.... 							more 
				
				
					Updated: Mirasol Resources Ltd 
						Mirasol Resources is a project generator in Argentina with 20 properties and only 1 JV. They sold their flagship property for $60 million and now have $32 million in cash and $32 million in Coeur d’Alene stock. Now they must put that working capital to... 							more 
				
				
					Updated: Kootenay Silver Inc 
						Kootenay Silver (previously Kootenay Gold) has a dual strategy of being both a project generator and a developer. They have 5 JV deals and a flagship property (Promontorio) that they are developing. Their JV deals are in Canada where they have large land... 							more 
				
				
					Updated: Regis Resources Ltd 
						Regis Resources was a fantastic investment in 2008 when they traded for 10 cents! Today they are trading at $4.56. What a ride, but now future reserves are valued at $250, and it is time to sell if you got in at 10 cents. For new investors, this stock is... 							more 
				
				
					Updated: Alien Metals Limited 
						Arian Silver is a high risk / high reward stock. They have 117 million oz at 4 opt with a fully diluted market cap of only $65 million. That results in future reserves being valued at .65 cents per oz, which is very cheap. They have been losing money as... 							more 
				
				
					Updated: PPX Mining Corp 
						Sienna Gold has a pretty good project in Peru. They are drilling three deposits on their Igor project. So far they have found 930,000 oz of gold equivalent (including silver) at decent grades (2 gpt gold and 70 gpt silver). They plan to continue to drill... 							more 
				
				
					Added: Avesoro Resources Inc 
						Aureus Mining has a very large property in West Africa (Liberia). The New Liberty property is on 75,000 acres with high grade surface gold (1.7 million oz at 3 gpt). They have several targets to increase this total. A recent feasibility study has led... 							more 
				
				
					Updated: STLLR Gold 
						Moneta Porcupine has an excellent project in Ontario, Canada. The Golden Hwy property is a 4.3 million oz resource (1 gpt with a 90% recovery rate). They recently released a PEA for 25,000 tpd at 288,000 oz annual production. The capex was high at $600... 							more 
				
				
					Updated: Euromax Resources Ltd 
						Euromax Resources has significant upside potential, although it is a long term investment and has significant risk. They have two large gold projects. The Ilovitza project in Macedonia has 4.3 million ounces (inferred at .3 gpt). Ilovitza has a PEA for... 							more 
				
				
					Updated: Galiano Gold Inc 
						Asanko Gold (formerly Keegan Resources) is an undervalued stock with a large (5 million oz at 1.2 gpt) late stage project called Esaave in Africa (Ghana). They own 90% and the Ghana government owns 10%. If you don't mind investing in Ghana (currently a... 							more 
				
				
					NWM Mining to acquire Auriga Gold 
						NWM Mining to acquire Auriga Gold
March 1, 2013 
NWM Mining Corporation ("NWM") (TSX-V: NWM) and Auriga Gold Corp ("Auriga") (TSX-V: AIA) are pleased to announce that a non- binding letter of intent has been entered into for the acquisition of all of the outstanding common shares of Auriga. It is anticipated that the Transaction will proceed by way of a three-cornered amalagamation which may be pursuant to a Plan of Arrangement under the Business Corporations Act, (Ontario). It is... 							more 
				
				
					Added: Regulus Resources Inc 
						Regulus Resources has a large copper (1 billion lbs at 3%) and gold (1.6 million oz at .35 gpt) project in Argentina. The Rio Grande project (45,000 acres) is close to becoming advanced and requiring a PEA. They still have more drilling to do and it is... 							more 
				
				
					Hecla Mining to Acquire Aurizon Mines 
						VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2013) - The Board of Directors of Aurizon Mines Ltd. (TSX:ARZ)(NYSE MKT:AZK) ("Aurizon" or the "Company") today announced that it has entered into a definitive agreement pursuant to which Hecla Mining Company (NYSE:HL) will acquire all of the outstanding diluted common shares of Aurizon for approximately CAD$796 million. The transaction will be implemented by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act ( 							more 
				
				
					Added: Serabi Gold 
						Serabi Mining is a near term producer in Brazil (Q4 2013). They are one of the few stocks today that are not super cheap. They have a market cap of $61 million and a deposit of only 600,000 oz (7 gpt). It is going to take them some time to increase... 							more 
				
				
					Added: Orosur Mining Inc 
						Orosur Mining is a producer in Uruguay at 65,000 oz per year. However, they have high cash costs and only about $5 million in cash flow. Plus, they have a weak balance sheet with $10 million in debt and only $4 million in cash. But this is still a... 							more 
				
				
					Added: Focus Minerals Ltd 
						Focus Minerals is a mid tier producer in Australia. They have two solid properties: Laverton and Coolgardie. Both are large (400,000 acres combined) with about 40 exploration targets. They have a combined 4.3 million oz at 2.2 gpt, and significant... 							more 
				
				
					Updated: Golden Minerals Co 
						Golden Minerals is a small silver producer with a lot of upside potential. They will produce about 1 million ounces in 2013 (silver equivalent including gold), 1.5 million ounces in 2013, and perhaps 4 million by 2016. It is a stock heading much higher,... 							more 
				
				
					Updated: Vista Gold Corp 
						Vista Gold has a large project in Australia call Mt Todd (8 million oz at .9 gpt and growing) with significant upside potential. Their fully diluted market cap is only $188 million, with future reserves valued at $23 per oz. One red flag is they will not... 							more 
				
				
					February 2013 Newsletter Posted 
						The newsletter for February 2013 has been posted. 							more |  | 
	
		
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