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Savvy investors, brokers, and institutional investors try to identify future news items or “Catalysts” that address significant company milestones. Identifying and anticipating these news items can greatly influence an investor’s success. Following are significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies stock. These stock …
Savvy investors, brokers, and institutional investors try to identify future news items or “Catalysts” that address significant company milestones. Identifying and anticipating these news items can greatly influence an investor’s success.
Following are significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies stock. These stock catalysts are a reminder of already publicly released plans.
December 2011 Stock Catalysts
Goldgroup Mining Inc. (TSX:GGA, OTC:GGAZF) is expecting to receive a revised 43-101 report on its wholly owned Caballo Blanco gold project in Mexico sometime during the next two months. Updated Metalurgical testwork should also be released shortly. BREAK Results from its ongoing 30,000 metre drill program will also continue to be released. Goldgroup Mining has a market capitalization of $180 million and $33 million in the bank.
Canyon Copper (TSXV:CNC, OTCBB:CNYC) has recently acquired the Moonlight Valley copper project in Plumas Country in northern California, about 140 km northwest of Reno Nevada. The project hosts significant copper sulphide and copper-oxide mineralization that still remains open for expansion laterally as well as to depth.
The company believes there is potential to at least double the current size of the Moonlight Valley resource which now contains about 250 million tons of mineralized material grading between 0.28% and 0.32% copper (based on a 0.2% copper cut-off grade). Canyon Copper has a $12 million market capitalization and as of September 30th 2011 had $1.3 million in cash.
Premium Exploration (TSXV:PEM) is expecting drill results from the first 6 to 9 holes on its Deadwood zone target on its Idaho gold project in Idaho USA. These holes are part of a larger 25,000 metre drilling campaign on the property.
Limited, shallow RC drilling in the Deadwood area by previous operators delineated a small and shallow resource containing 38,940 indicated oz gold averaging 0.75 g/t Au and 18,480 inferred oz gold averaging 0.75 g/t Au within 1.0 km of a 12 km anomalous gold-in-soil and geophysical trend. Drilling was focused on delineating near-surface oxide mineralization. Premium believes that there is potential high-grade gold mineralization at depth and is now testing this theory. Premium Exploration has a $20 million market capitalization with about $2.5 million in the bank.
Excalibur Resources (CNSX:XBR, OTC:EXCFF) reports that its 49% subsidiary, Catanava has received all the necessary permits required to build a 250 ton per day plant at the 143 hectare Catanava property in Zacetecas State Mexico. The company is working towards the goal of commencing gold and silver test mining at a rate of 250 tpd . A production status report is expected shortly.
There is currently no resource estimate but the company intends to prove the site has at least 300,000 ounces of NI-43-101 compliant resources at grades of up to 8-10 g/t Au and up to 200 g/t Ag and then demonstrate the potential for 1 to 2 million oz. gold. Excalibur Resources has a $5 million market capitalization and about $300,000 in the bank.
Entourage Metals (TSXV:EMT) is expecting drill results from its Black Raven and Toothpick west projects in the Hemlo region of north western Ontario. At Black Raven drills targeted areas of high grade rock and soil samples, including the Super G Prospect which returned values that included 734 g/t and 150 g/t Au from quartz vein outcrops. At the Toothpick West target, EMT is testing the regional westward plunge continuity where historical drilling defined a westerly plunge to the hanging wall contact of the Porphyry Zone (6.3 gpt Au over 6.3 m). BREAK These plunge lines of mineralization are very similar to what is seen in the Hemlo Deposits further east and along trend. Entourage has a market capitalization of $14.5 million and about $3.6 million in cash.
Kivalliq Energy (TSXV:KIV) completed an aggressive 30,000 metre drill program on its Angilak uranium property in Nunuvut. The company is expecting more assay results from the following targets: Western Extension, Eastern Extension, Spark target and the Pulse target. The company has a 43-101 inferred resource containing 14.15 million lbs of uranium at the Lac Cinquante zone on its Angilak property in Nunavut. Kivalliq has a current market capitalization of $44.75 million and in its last financial report (end of June 2011) reported $15 million in cash.
Stina Resources Ltd. (TSXV:SQA) completed a 14 hole, 2,550 metre drill program on its Dime gold property in the South Klondike Region of the Yukon. The company received the first assay results from this program in late November. More assays are expected to be released shortly. Stina has a market capitalization of $10 million and $1.2 million in the bank.
MAX Resource Corp. (TSXV:MXR,OTCBB:MXROF,FWB: M1D) is expecting assay results from 5 holes from a Phase II core drilling program at its Majuba Hill copper-silver-gold project in Nevada. MAX believes that Majuba Hill is a newly-defined copper-silver-gold porphyry system that is highly prospective as a bulk-tonnage, open pit deposit. Max Resource Corp has a market capitalization of $4.9 million and $1.3 million in the bank.
Cream Minerals (TSXV:CMA) recently released the first set of drill results from one of four new zones it identified on its wholly-owned Nuevo Milenio silver-gold project in Nayarite State Mexico. The company completed a 20,292 metre diamond drill program in early October. More assay results are expected to be released shortly. Nuevo Milenio covers a low sulphidation, epithermal precious metal prospect containing silver-gold mineralization in quartz vein quartz stock work zones hosted within a collapsed caldera. Cream Minerals has a market capitalization of $43 million and about $1.1 million in cash.
Athabasca Uranium (TSXV:UAX) is expecting additional results from at 10-hole, 3,000 metre drill program on its 128 sq. km Keefe Lake Project on the eastern margin of the uranium-rich Athabasca Basin in Saskatchewan. Results from the first hole of the drill program, AU4-1, intersected a large zone of strong and sustained alteration 172 metres down hole and the company is highly encouraged by these initial results.
The Keefe Lake project lies only 22 km southeast of the high-grade McArthur River Mine. Athabasca Uranium has a market capitalization of $12 million and about $3 million in the bank.
