Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It primarily explores for gold minerals. The company primarily holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering approximately 8,955 hectares located approximately 35km south of Princeton, British Columbia.

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How Investors and Mining Companies Benefit from Stockpile Projects

In addition to generating quick cash flow and funding further exploration, infrastructure and production initiatives, stockpiles can also be very advantageous from an investment standpoint.

Mining stockpiles are precisely what they sound like — a surplus of mined material, either accumulated on the surface or dug and piled for future use. They originate from a variety of factors, including supply temporarily outstripping demand, production without immediate access to a treatment plant or the acquisition of a previously mined project. Although they don't always contain mineable or renewable resources, there are many benefits to production when they do.

Aside from being one of the most efficient ways to restart a project, stockpiles are an incredibly effective way to store large quantities of material, and tend to exist in one of three forms.

The most generic stockpiles are made by standard bucket loading and dumping techniques. Ramp stockpiles, meanwhile, are constructed and piled high using a narrow ramp, making them optimal for storing very large volumes of material in a limited area. Finally, bin stockpiles store minerals in a row of three-sided bins, enclosed inside hard walls to keep types of material separate from one another.

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VIDEO — Jeffrey Christian: Fed Can Hike a Lot Further, How Gold and Silver Will Perform

"The Fed still has an enormous amount of capacity to raise interest rates without killing the economy," said Jeffrey Christian of CPM Group.

Jeffrey Christian: Fed Can Hike a Lot Further, How Gold and Silver Will Perform

The US Federal Reserve is taking steps to fight inflation, and two rate hikes are in the bag so far this year.

Many market participants are skeptical about how much higher the central bank will be able to go, but Jeffrey Christian, managing partner at CPM Group, believes it can move rates "a lot further."

Speaking to the Investing News Network at the recent Vancouver Resource Investment Conference (VRIC), he said there's still quite a bit of room before real demand and borrowing start to hurt.

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Marvel Discovery Appoints Alvarez Corporate Secretary

Marvel Discovery Corp. is pleased to announce the appointment of Ms. Diana Alvarez as Corporate Secretary, Director effective immediately.

Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T1), (MARVF: OTCQB); ("Marvel", or the "Company") is pleased to announce the appointment of Ms. Diana Alvarez as Corporate Secretary, Director effective immediately. The Company has also accepted Mr. Mark Luchinski's resignation, management thanks Mark and wishes him well in his future endeavors. Ms. Alvarez fills the vacancy created. Miss Alvarez is a paralegal with 15 years of experience working in corporate and securities law. Having worked for some of the leading law firms in Vancouver, she is well versed in corporate compliance, governance, and administration of public traded companies. Ms. Alvarez has spent her career focused on resource issuers and has completed her diploma in paralegal studies.

About Marvel Discovery Corp.

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Exceptional Drilling Results at Gogbala Ahead of Maiden Resource at Napiè

Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) advises that it has received the final assay results from 49 reverse circulation (RC) and diamond drilling (DD) holes from the Gogbala Prospect, within the Company’s flagship Napié Project in Côte d’Ivoire. Gogbala is located on a +23km soil anomaly and coincident 30km-long Napié Fault (Figure 4).

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