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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.
July 2011 Stock Catalysts
Cobalt Companies
Puget Ventures Cobalt (TSXV:PVS)Puget Ventures (soon to be known as Global Cobalt Corporation) is in the process of restructuring itself into significant cobalt exploration and development company. On December 6, 2010, Puget announced a definitive agreement to acquire the Karakul cobalt and other mineral projects in Russia and Mongolia subject to Exchange and shareholder approval. Puget anticipates shareholder approval for the all-stock transaction on July 21st and conditional approval by the TSX Venture Exchange thereafter.
The new company will then attempt to raise $20 million with Mackie Research Capital as lead agent. The financing will be offered at $1.05 with a half warrant priced $1.50 once approval has been given by the TSX-Venture Exchange.
Gold Companies
Avino Silver & Gold Mines Ltd. (TSXV:ASM)Avino Silver & Gold Mines is working towards re activating the Avino silver-gold-copper-zinc-lead mine in Durango, Mexico. Avino operated this mine for 27 years beginning in 1974. Low metal prices and the closure of a key smelter forced the operation to close in 2001.
Current metal markets and high-grade discoveries on the property’s San Gonzalo vein have greatly improved the economics and feasibility for potential production.
The company is expecting to release results from a 10,000-tonne bulk sample from the San Gonzalo vein. These results are expected to move the project closer to a production decision.
Geologix Explorations (TSX:GIX)Geologix Exploration is expecting assay results from 30 holes (10,000 metres) of resource expansion drilling on its wholly-owned Tepal Gold-Copper Porphyry Project in Michoacán State, Mexico. The company has already completed a Preliminary Economic Assessment study (“”PEA””) and is now working towards a pre-feasibility study.
By the end of June, a total of seven drill rigs should be spinning on the property – four drills allocated for infill drilling to bring resource to measured and indicated category and three drill rigs allocated for ongoing resource expansion and exploration drilling.
Strongbow Exploration (TSXV:SBW)The company expects to start receiving assay results from a 3,000 metre drill program which began in April on its Midway gold project in South Carolina. Drills also started turning this month on the company’s Parker Gold Mine property in North Carolina. Xtrata Copper announced it recently commenced drilling the company’s Inza copper-gold porphyry project in BC .
Terraco Gold Corp. (TSXV:TEN)Terraco Gold is in the midst of a 25,000 ft drilling program on its near 1 million oz Almaden Gold Project in Idaho, USA. Assay results are expected as this drill program advances. Further deep drilling continues to test for deep feeder zones believed to be the source of the lower grade surface resource. To date, five core holes have been drilled at Almaden with core depths as deep as 2,006 feet (611.5 meters).
Manganese Companies
American Manganese (TSXV:AMY)The company just recently completed a 34,800 feet drilling campaign on its Artillery Peak Manganese project in Arizona. More drill results are expected to be released over the next 6 weeks.
Molybdenum Companies
Woulfe Mining (TSXV:WOF)Woulfe Mining is in the midst of a phase 2 drilling program at its Sangdong Tungsten molybdenum deposit in South Korea. It is designed to further define the remnant unmined high-grade Main Zone, and also to confirm historical drill results from the Hangingwall Zone. This drill program is being performed in conjunction with engineering design and metallurgical tests in an effort to complete a pre-feasibility study by the third quarter of 2011. Additional assay results from the phase 2 drill program will be released over the next few months.
Silver Companies
El Tigre Silver Corp (TSXV:ELS)With the assistance of Roth Capital Inc., El Tigre expects that it will get its OTCQX listing in July, providing easier market access to US investors.
Uranium Companies
Kirrin Resources (TSXV:KYM)Kirrin Resouces is expecting a radium analysis reprot from their Alexis River property, located in south eastern Labrador. The company previously drilled under Anomaly Lake (which contains highly anomalous U3O8 in lake sediments) Only narow but high grade uranium intercepts were intersected in this program. The Radium analysis combined with a hydro-gological review and magnetic and electromagnetic interpretations may help to identify a potential source or sources of the anomaly.
Kivalliq Energy Corporation (TSXV:KIV)Kivalliq Energy is in the midst of an aggressive 20,000 metre drill program at its Angilak Uranium Property in Nunavut Territory, Canada. More drill results are expected from the Blaze Zone as well as from step-out drilling along strike from Lac Cinquante uranium deposit.
Wealth Minerals (TSXV:WML)Wealth Minerals is now in the midst of a 30 hole (2,000 metre) drilling campaign on its Rodeo de los Molles rare earth element (REE) project in Argentina with the goal of bringing the existing historical resource into NI-43-101 resource compliance. Results from the first high-grade REE target in the main Mina Norte and La Juli zones are expected soon.
Vanadium Companies
Largo Resources Ltd. (TSXV:LGO)Largo is expecting to commence production of tungsten concentrate in July, 2011 from its Currais Novos tailings reprocessing project in Rio Grande do Norte, Brazil. Initial plans anticipate production of 2.3 million lbs of Tungsten Trioxide (WO3) and 675,000 lbs of Molybdenum (Mo) per year.
Largo is also expecting drill results from an 11,000 metre drilling campaign from its advanced-stage Maracas Vanadium Project in Bahia, Brazil. Two drills are turning on the property targeting several high priority vanadium targets. The program has the goal of doubling the existing Mineral Resources at the project.