Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) and its partner SOQUEM are pleased to report positive results following a ground gravity and induced polarization survey (“IP”) over zinc soil targets at the Sonny and Sonny West Zone on the Calumet-Sud project (the “Project”). These geophysical surveys identified several
Forum Uranium Corp. (TSX.V:FDC) (“Forum”) and Uracan Resources Ltd. (TSX.V:URC) (“Uracan”) announce the intersection of 4.34% zinc and 0.3% lead over 6.5 metres from 259.5m to 266.0m in hole CW-16 on Forum’s Clearwater Project. The sample was reanalysed at SRC Geoanalytical Laboratories and returned 4.54% zinc and 0.275% lead.
Kaiser mentions two companies that he thinks could do well if the zinc price continues to rise.
Other top gainers were Karmin Exploration, Commerce Resources, Focus Graphite and Thor Exploration.
He mentions one BC-focused copper-gold optionality play that he’s particularly keen on.
Naturally Splendid, Leading Edge Materials, Commerce Resources and North Arrow Minerals are featured.
Lucara Diamond Corp. (“Lucara” or the “Company”) (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) is pleased to announce revenues of $295.5 million or $824 per carat and EBITDA of $185.4 million (all dollar amounts are in US Dollars unless otherwise indicated).
Revenue for the year was $295.5 million or
The project is located in the Athabasca Basin and Cameco has the option to earn a 70-percent stake in it.
Tsodilo Resources (“Tsodilo” or the “Company”) (TSX-Venture Exchange: (TSD)) is pleased to announce that it has commenced a drilling program utilizing its diamond core drill rigs on its wholly owned BK16 kimberlite project. The purpose of this drilling program is to drill pilot holes on the sites which have been
North Arrow Minerals (TSXV-NAR) is pleased to announce it has closed the previously disclosed property purchase agreement with Stornoway Diamond Corporation (TSX-SWY) under which North Arrow has acquired Stornoway’s remaining interests in the Qilalugaq and Pikoo Diamond Projects (please see North Arrow news release #17-01 dated January 17, 2017). North
Graphite One Resources Inc. (TSXV:GPH, OTCQX:GPHOF) announces that it has entered into a Memorandum of Understanding (“MOU”) with the Alaska Industrial Development and Export Authority (“AIDEA”) to explore opportunities to collaborate on the development of Graphite One’s proposed vertically integrated project to mine, process and manufacture high grade coated spherical
Kootenay Silver Inc. (TSXV: KTN) is pleased to announce drilling has returned a series of high-grade silver intercepts from the latest 13 holes of a multi-phase drill program being conducted and operated by Pan American Silver Corp. (“Pan American”) on its La Negra silver discovery in Sonora, Mexico. The
Northern Empire (TSXV:NM) has entered into a letter of intent (LOI) with Sterling Gold Mining Corp. (SGMC), a wholly owned subsidiary of Imperial Metals Corp., to acquire a 100-per-cent interest in the Sterling property, located in Nye county, Nevada, and certain royalty rights for claims located in Nevada and California.
Kaiser also discusses the companies he is watching in the diamond space.
Kennady Diamonds (“Kennady”, the “Company”) (TSX-V: KDI) is pleased to announce that the bulk sampling of the Faraday 2 kimberlite is progressing well with 12 drill holes completed and 100 tonnes of kimberlite collected since the program began on January 20. The Company plans to recover a total of approximately