Gold is taking another hit this morning as the U.S. - China trade war uncertainties are causing investors to flee to the dollar, as that index continues to rise. SEMAFO shares their results this morning from a preliminary economic assessment for its Nabanga project in Burkina Faso. McEwen Mining shared some more exploration results from its Stock Property near Timmins, Canada, which is part of the greater Black Fox Complex. Great Bear Resources says it has completed 14 drill fences spaced from 50 to 800 meters apart along 3.2 kilometers of the LP Fault and have a large number of drill results pending. Precipitate Gold announced a non-brokered private placement units to raise up to $1.5 million. Prophecy Development announced it has commenced its 5,000 meter diamond drilling campaign at the Pulacayo Paca silver-zinc-lead deposit in Bolivia.
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Integra Resources trades on the TSX-V under ITR and the OTCQX under IRRZF. Integra Resource is advancing its past producing DeLamar (DeL - a - Marr ) Gold-Silver project in SW Idaho through aggressive drilling and exploration. The latest Resources Estimate released earlier this summer showed approximately 4 million Gold equivalent ounces in the measured and indicated category.The maiden PEA for the project established a net present value of C$473-million and an IRR of 43%. The management of Integra successfully sold its previous brownfields project for C$590 million in summer 2017. Read more about the company and its successful management team at integraresources.com.
Pacific Empire Minerals Corp. is a junior exploration company focused on the discovery of gold-rich copper deposits in British Columbia, Canada. Pacific Empire trades on the TSX Venture Exchange under the symbol PEMC and on the OTCQB markets under the symbol PEMSF. The Company currently has a very tight share structure. Pacific Empires’ unique approach to the prospect generator business model incorporates the Company’s own reverse circulation drill to advance projects beyond that of typical prospect generators. More information on Pacific Empire can be found at pemcorp.ca.
Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 10 billion pounds of copper and 18 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com.
Minera Alamos is an advanced stage exploration and development company with multiple low-cap-ex projects in Mexico. Minera Alamos is traded with the symbol MAI on the TSX-V and with MAIFF in the US OTC Markets. Read more about their development strategies at mineraalamos.com.
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