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The following companies have significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies’ stock: Calico Resources (TSXV:CKB), Canyon Copper (TSXV:CNC), Diamcor Mining (TSXV:DMI), ESO Uranium Corp. (TSXV:ESO), Goldgroup Mining Inc. (TSX:GGA), Helio Resources (TSXV:HRC), NioGold Mining (TSXV:NOX), Quantum Rare Earth Developments Corp. (TSXV:QRE), Stina Resources Ltd. (TSXV:SQA), Virgin Metals (TSXV:VGM), Zone Resources (TSXV:ZNR)
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.
January 2012 Stock Catalysts
Zone Resources (TSXV: ZNR) is in the midst of a 10 hole drill program on its Girard Iron Property in the Labrador trough, Quebec. So far results have been positive with the last hole, ZR-11-09, returning 35.64% Fe over 137 metres – This was the only hole drilled so far on a 9-km-long magnetic anomaly. BREAK Drill hole ZR11-08 was drilled on a separate 5-km long magnetic anomaly situated about 39 km west of hole ZR11-09. It intersected magnetite iron formation over a core length of 243 metres. Assays from this hole are expected in January. The company currently has $4.3 million Market Capitalization and is in the process or raising $1.8 million for working capital.
NioGold Mining (TSXV: NOX) is wrapping up a $2.5 million drill campaign on its wholly-owned Malartic block gold property in the Abitibi region of Quebec. Additional assays are expected to be released in January. The company has a $35 million market capitalization and $10 million in its coffers.
Calico Resources (TSXV :CKB) has completed a 12-hole 3,114 metre drill program on its Grassy Mountain gold deposit in Eastern Oregon. The Grassy Mountain project hosts a 924,000 oz indicated resources with an average grade of 1.54 g/t gold. This season’s drill program consisted of step-out and in-fill drilling and was designed to enhance and expand the boundaries of the higher grade portion of the resource. The company has a$10 million market capitalization and about $1.8 million in the bank.
In October, 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 continues to receive promising assay results from this drill program. More assays are expected to be released shortly. Stina has a market capitalization of $7 million market capitalization and about $1 million in the bank.
Goldgroup Mining Inc.(TSX:GGA)
Goldgroup Mining Inc. (TSX: GGA,OTC:GGAZF) is expecting to receive a revised 43-101 report and Preliminary Economic Assessment on its wholly owned Caballo Blanco gold project in Mexico sometime during the first quarter of 2012. Results from its ongoing 40,000 metre drill program will also continue to be released. So far, the drill program continues to define and expand the southwestern flank of the La Paila gold zone. Goldgroup Mining has a market capitalization of $140 million market capitalization and $27 million in the bank.
Virgin Metals (TSXV:VGM)
Virgin Metals (TSXV: VGM) is working towards tabling a preliminary economic assessment on its wholly-owned, Los Verdes molybdenum-copper project in Sonora State, Mexico. The PEA, scheduled for release in January 2012, should incorporate a new Los Verdes resource estimate, the newly-acquired Potreritors deposit resource estimates, metallurgical analysis and updated capital expenditure estimates. Virgin Metals has a $10 million market capitalization and as of September 30th 2011, $1.4 million of cash and cash equivalents.
Quantum Rare Earth Developments Corp. (TSXV :QRE) is expecting to release results of a metallurgical study on its 100% owned, Elk Creek Niobioum project in Nebraska. The project currently hosts an inferred resource containing 80.1 million tons averaging 0.62% Nb2O5. The company has a market capitalization of $12 million and $1.5 million in the bank.
Helio Resources Corp (TSXV: HRC) expects to receive additional drill results from its 10,000 metre Goldkop gold project in Namibia. Helio has a market capitalization of $34 million and $4.6 million in the bank.
ESO Uranium Corp. (TSXV: ESO) is wrapping up a 10 hole, 1,000 metre drill program on its 50% held Patterson Lake South uranium property in Saskatchewan. The first batch of assay results may come back before the end of January. The company has a $10 million market capitalization and $500,000 in the bank.
Canyon Copper (TSXV: CNC) has received new assay results from a 33 drill-hole program that was performed on its Longshot Ridge project in Nevada in 2006. These results will be applied to upgrade a NI-43-101 resource estimate which is expected to be released in early 2012. The company has an $11 million market capitalization and $1 million in the bank.
Last year Diamcor Mining (TSXV: DMI) completed an extensive drilling programme and site preparation tasks on its Krone-Endora alluvial diamond project adjacent to De Beers’ Flagship Venetia Diamond mine in South Africa.The company now expects to move to trial mining with the delivery of a modular porssing plant in mid January with rough dimaond recovery expected within the next 30 days. The company hopes to ramp up production level of 10,000 carats per month within 12 months.